Manorama Industries

₹1,950As of Sun 8 Nov 2026, 12:00 UTC
NSE:MANORAMAConsumer Staples
Country India
PE (Fwd) 33.99
TSR 4Y CAGR 65.12%
Div yield 0.04%
ROE —
Packaged Foods
Beta (5Y) 0.28
PE TTM 51.78
TSR TTM 36.96%
Mkt cap ₹126.0B
ROIC —
SE Grade™
Value
Quality
Moat
1Y Price
Reference
₹2,174
11.50%
(80.29%)
Price above Reference Value
FY23
FY24
FY25
FY26
Earnings per share₹
4.99
6.72
18.35
37.66
20.19%
34.67%
173.07%
105.23%
Revenue₹B
3.508
4.571
7.708
13.67
25.68%
30.30%
68.64%
77.30%
TTM
FYE 31 Mar INR
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
FY2027E
Trend
5Y
10Y
Peers
13.67
Revenue₹B
—
—
—
—
—
2.791
3.508
4.571
7.708
13.67
17.17
48.76%
48.76%
3
77.30
Revenue growth%
—
—
—
—
—
—
25.68
30.30
68.64
77.30
25.66
49.47
—
97
46.20
Gross margin%
—
—
—
—
—
44.38
38.32
44.94
48.07
46.20
46.01
44.94
44.94
97
24.56
Operating margin%
—
—
—
—
—
11.15
13.00
13.11
21.31
24.56
24.62
13.11
13.11
97
16.46
Net margin%
—
—
—
—
—
8.65
8.49
8.77
14.24
16.46
16.45
8.77
8.77
97
51.78
P/E ratio (avg)x
—
—
—
—
—
—
44.26
55.32
46.87
36.88
41.22
45.56
—
11
34.70
EV/EBITx
—
—
—
—
—
—
28.90
37.04
31.32
24.71
27.55
30.11
—
17
—
FCF yield (avg)%
—
—
—
—
—
—
—
—
—
—
—
—
—
57
—
FCF margin%
—
—
—
—
—
—
—
—
—
—
—
—
—
96
—
FCF / Net incomex
—
—
—
—
—
—
—
—
—
—
—
—
—
71
—
ROIC%
—
—
—
—
—
—
—
—
—
—
—
—
—
97
—
Return on equity%
—
—
—
—
—
—
—
—
—
—
—
—
—
97
—
Return on assets%
—
—
—
—
—
—
—
—
—
—
—
—
—
100
37.66
EPS₹
—
—
—
—
—
4.15
4.99
6.72
18.35
37.66
47.31
73.54%
73.54%
—
105.17
EPS growth%
—
—
—
—
—
—
20.30
34.62
172.99
105.17
25.62
69.89
—
81
—
Bookvalue per sh₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
FCF per share₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.80
Dividend per sh₹
—
—
—
—
—
—
0.40
0.40
0.60
0.80
0.87
25.99%
25.99%
—
0.04
Div yield (avg)%
—
—
—
—
—
—
0.18
0.11
0.07
0.06
0.04
0.09
—
0
2.12
Payout ratio%
—
—
—
—
—
—
8.02
5.95
3.27
2.12
1.84
3.27
3.27
0
59.73
Shares (diluted)M
—
—
—
—
—
58.16
59.61
◇59.65
59.82
59.73
◌59.73
0.67%
0.67%
55
0.15
Buyback yield%
—
—
—
—
—
—
(2.51)
(0.07)
(0.27)
0.15
◌—
(0.17)
—
55
—
D/E ratiox
—
—
—
—
—
—
—
—
—
—
—
—
—
40
116.5
Enterprise value₹B
—
—
—
—
—
—
13.18
22.19
51.46
82.96
116.5
84.64%
—
33
—
LT debt₹M
—
—
—
—
—
—
—
—
—
—
—
—
—
17
Peers (US$1.310B)
Cap (US$)
PE
1.237B
24.76x
Capital
TTM
5Y
10Y
Leveragex
—
—
—
EBIT/Intx
9.317
5.810
5.810
Own earn%
—
—
—
Sh yield%
0.19
(0.08)
(0.08)
Owners
Insiders/Inst%
68.76
5.79
Short interest%
—
SBC / revenue%
0.17
Record
10Y
Profitable years
5/5
Revenue growth years
4/4
EPS growth years
4/4
Dividend streakyrs
1
Op margin range%
11–25
$1 testx
—
Incr. ROIC%
—

Manorama Industries Limited manufactures, processes, and supplies specialty fats and butters from tree-borne, and plant-based seeds worldwide. The company offers shea butter and fat, sal butter, sal fat, shea oil, sal oil, sal stearine, shea stearine, mango butter and fat, mango oil, mango stearine, kokum butter and oil, mowrah fat, and de-oiled cakes, as well as cocoa, mowrah, and phulwara butter.

Growth vs revenue
Latest
Trend
4Y CAGR
Rel growth
Revenue
₹13.67B
48.76%
1.00×
Cost of revenue
₹7.353B
47.53%
0.97×
Operating expenses
₹2.958B
33.63%
0.65×
Revenue by region
No breakdown available
Reinvestment returns
n/m
Trend
Reinvestment rate
n/m
-
Return on capital
n/m
-
Spread over hurdle
n/m
-