Manorama Industries Limited — PPTs, 28-01-2026: Investor Presentation

**1. Business Performance:** Manorama Industries reported stellar financial results for the quarter and nine months ended December 31, 2025. Revenue jumped 73.3% YoY to INR 362.54 Cr in Q3 and 81.3% YoY to INR 975.40 Cr for 9M FY26. Profit after Tax (PAT) surged 131.1% to INR 68.24 Cr in Q3 and 148.9% to INR 173.70 Cr for 9M, fueled by upgraded capacity and strong demand across chocolate, confectionery, and cosmetics sectors.

**2. Growth Drivers or Strategy:** The company is expanding existing fractionation capacity by 30% to 52,000 MTPA via debottlenecking. A substantial ~INR 460 Cr capital expenditure is planned over 2-3 years for new manufacturing facilities and backward integration in Africa, enhancing its integrated value chain for quality and cost control.

**3. Recent Developments:** A new packing plant and laboratory are operational. Manorama also formed a strategic partnership in Brazil for CBE production, with initial trial samples dispatched. MoUs were signed with the Governments of Burkina Faso and Chhattisgarh for new projects.

**4. Management Commentary / Outlook:** Management raised its FY26 revenue outlook from INR 1,150 Cr to over INR 1,300 Cr, expecting continued robust demand for specialty fats and butters.