Categories
Loading...
Categories
Manorama Industries delivered exceptional Q4 and full-year FY26 results. Full-year revenue surged 76.1% YoY to INR 1,358 Cr, with EBITDA at INR 367.7 Cr (27.1% margin) and PAT at INR 233.2 Cr (17.2% margin). Working capital days improved to 125, and operating cash flow was INR 259.4 Cr. The company is investing INR 460 Cr over 2-3 years in capacity expansion, including a new fractionation facility and a raw material processing unit in Burkina Faso to cut logistics costs and boost yield. Management targets 25-30% revenue growth for FY27, driven by volume and price, aiming to maintain 25-27% EBITDA margins. Long-term vision for INR 3,500 Cr revenue by FY30 is on track. Overall tone is highly confident in growth and operational efficiency.