Manoj Ceramic Ltd — Important, 24-10-2025: Company Update

Manoj Ceramic Ltd. has operationalized new Cutting & Polishing machinery for natural and artificial stones at its Upper Thane store. This backward integration shifts the company towards a partial manufacturing-led model, enhancing its value chain and margin profile. The facility processes marbles, granites, quartz, and large-format tiles, enabling custom slab sizes up to 12 feet and premium finishes. This strategic move strengthens supply chain efficiency, boosts topline growth, and improves gross margins by reducing outsourcing. It aims to capture incremental revenue from high-value projects, aligning with management's target of 25-30% CAGR for revenue and EBITDA growth.