Manorama Industries Limited — Updates, 21-01-2025: Press Release

Manorama Industries Limited reported strong financial performance for Q3 FY25, with revenues of INR 2,092 Mn, marking a substantial 112.5% increase year-over-year (YoY). The impressive growth is attributed to heightened demand across its product range and successful commercialization of new fractionation capacity. EBITDA surged to INR 552 Mn, up 253.4% YoY, leading to an EBITDA margin expansion to 26.4%, a rise of 1,051 basis points. Profit After Tax (PAT) also saw a remarkable increase of 296.8% YoY to INR 295 Mn, with PAT margin growing to 14.1%, up 656 basis points.

For the first nine months of FY25, revenues grew by 64.2% YoY to INR 5,380 Mn, with EBITDA and PAT increasing by 141.1% and 152.8% respectively. The company's Chairman expressed confidence in maintaining a revenue target of INR 7,500 Mn for the fiscal year and outlined plans for significant expansion projects. These initiatives are aimed at enhancing product offerings and operational capacity, indicating a positive outlook for future growth.