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Manorama Industries Ltd. (MANORAMA) AI Stock Analysis
Manorama Industries Ltd.
(NSE:MANORAMA)
The overall score reflects solid but not exceptional fundamentals: strong growth and healthy margins drive a favorable financial profile, but margin pressure, moderate leverage, and historically uneven cash flows temper the strength. The stock’s sharp advance above key moving averages leaves it technically stretched with elevated pullback risk, and a premium 47x P/E multiple further constrains the upside despite a decent dividend yield.
Manorama Industries Ltd. (MANORAMA) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 122.99B
- Dividend Yield
- 0.04%
- Average Volume (3M)
- 29.53K
- Price to Earnings (P/E)
- 43.5
- Beta (1Y)
- 1.23
- Revenue Growth
- 59.79%
- EPS Growth
- 71.95%
- Country
- India
- Employees
- 411
- Sector
- General
- Sector Strength
- 55
- Industry
- Packaged Foods
Manorama Industries Ltd. Business Overview & Revenue Model
Company Description
Established in 2005 and headquartered in Raipur, India, Manorama Industries Limited operates as a manufacturer, processor, and global supplier of specialized fats and butters. These premium ingredients are extracted from a variety of tree-borne and o...
How the Company Makes Money
Manorama Industries primarily makes money by manufacturing and selling specialty fats and oils (including refined and fractionated vegetable fats) to business customers. Its core revenue stream is product sales of plant-based lipid ingredients used b...
Manorama Industries Ltd. Financial Statement Overview
Summary
Strong revenue growth (29.6% YoY) and healthy profitability (net margin ~15.7%) support a solid financial profile, while margin compression, moderate leverage, and historically volatile cash conversion prevent a higher score.
Income Statement
78PositiveBalance Sheet
72PositiveCash Flow
65Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.81B | 13.67B | 7.71B | 4.56B | 3.51B | 2.78B |
| Gross Profit | 5.64B | 5.25B | 3.73B | 2.01B | 1.35B | 1.07B |
| EBITDA | 3.87B | 3.62B | 1.86B | 866.74M | 617.60M | 471.80M |
| Net Income | 2.47B | 2.15B | 1.10B | 401.09M | 297.75M | 241.45M |
Balance Sheet | ||||||
| Total Assets | 0 | 11.90B | 9.83B | 7.37B | 4.24B | 3.96B |
| Cash, Cash Equivalents and Short-Term Investments | 840.47M | 938.74M | 983.46M | 870.76M | 582.65M | 491.93M |
| Total Debt | 0 | 3.56B | 4.82B | 3.46B | 1.10B | 1.08B |
| Total Liabilities | -6.82B | 5.17B | 5.24B | 4.00B | 1.26B | 1.28B |
| Stockholders Equity | 6.82B | 6.72B | 4.60B | 3.37B | 2.98B | 2.68B |
Cash Flow | ||||||
| Free Cash Flow | 1.64B | 1.66B | -887.21M | -1.93B | 79.71M | -930.32M |
| Operating Cash Flow | 2.01B | 2.21B | -568.97M | -1.53B | 592.85M | -333.59M |
| Investing Cash Flow | -609.31M | -857.80M | -336.36M | -620.88M | -994.71M | -345.41M |
| Financing Cash Flow | -1.25B | -1.28B | 927.69M | 2.14B | -71.24M | 1.17B |
Manorama Industries Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANORAMA, the sentiment is Negative. The current price of 1817.60 is below the 20-day moving average (MA) of 1887.24, below the 50-day MA of 1916.38, and above the 200-day MA of 1562.30, indicating a neutral trend. The MACD of -34.32 indicates Positive momentum. The RSI at 41.99 is Neutral, neither overbought nor oversold. The STOCH value of 49.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANORAMA.
Manorama Industries Ltd. Peers Comparison
Overall Rating
IN:KRBL83Outperform- IN:MANORAMA69.4Neutral
IN:GAEL63.75Neutral
IN:CCL62Neutral
IN:ADFFOODS60Neutral
IN:GRMOVER57Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:KRBL | 83Outperform | INR 78.94B | 10.41 | ― | 1.31% | 0.51% | 40.39% |
| IN:MANORAMA | 69Neutral | INR 113.30B | 43.48 | ― | 0.04% | 59.79% | 71.95% |
| IN:GAEL | 64Neutral | INR 63.94B | 12.54 | ― | 0.22% | 15.85% | 147.08% |
| IN:CCL | 62Neutral | INR 125.11B | 26.86 | ― | 0.61% | 24.08% | 36.81% |
| IN:ADFFOODS | 60Neutral | INR 25.57B | 28.12 | ― | 0.52% | 19.44% | 31.16% |
| IN:GRMOVER | 57Neutral | INR 18.79B | 19.22 | ― | ― | 43.22% | 12.57% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:MANORAMA | Manorama Industries Ltd. | 1795.00 | 416.18 | 30.18% | |
| IN:ADFFOODS | ADF Foods Limited | 232.75 | 13.33 | 6.07% | |
| IN:CCL | CCL Products (India) Limited | 936.95 | 65.68 | 7.54% | |
| IN:GAEL | Gujarat Ambuja Exports Limited | 139.40 | 32.04 | 29.85% | |
| IN:GRMOVER | GRM Overseas Ltd. | 90.70 | -51.15 | -36.06% | |
| IN:KRBL | KRBL Limited | 344.90 | -30.59 | -8.15% |
Manorama Industries Ltd. Corporate Events
Manorama Industries Board Clears Wholly Owned Subsidiary in Chad
Manorama Industries Ltd. has announced that its board of directors has approved the incorporation of a wholly owned subsidiary in Chad, following a meeting held on July 9, 2026. The move signals an expansion of the company’s international footp...
Manorama Industries Raises ₹500 Crore via Qualified Institutions Placement
Manorama Industries Ltd. has completed a qualified institutions placement, issuing and allotting 3,401,360 equity shares of face value ₹2 each at an issue price of ₹1,470 per share, reflecting a 4.99% discount to the floor price and raisi...
Manorama Industries Launches Qualified Institutions Placement, Sets Floor Price at ₹1,547.18
Manorama Industries Ltd., an export-focused, ISO-certified manufacturer and supplier of specialty products with multiple international quality and sustainability accreditations, operates from Chhattisgarh and Maharashtra and serves global industrial...
Manorama Industries Closes Trading Window Ahead of June-Quarter Results
Manorama Industries Ltd. has announced that its trading window for dealing in company securities will be closed from 1 July 2026 until 48 hours after it declares its unaudited standalone and consolidated financial results for the quarter ended 30 Jun...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 18, 2026