Manorama Industries kicked off FY27 with strong Q1 consolidated financial results.
Revenue surged 39.5% YoY to ₹404 Cr, marking its first quarter above ₹400 Cr.
Profit after tax (PAT) jumped 67.6% YoY to ₹78.7 Cr, with Diluted EPS at ₹13.17, up 67.8% YoY.
This strong performance is driven by sustained demand for value-added specialty fats and butters.
Exports made up 60% of Q1 revenue, highlighting global reach across 39+ countries, with Stearin and Cocoa Butter Equivalents (CBE) as key contributors.
The company's growth strategy includes a planned ₹460 Cr capex over 2-3 years for new fractionation plants and manufacturing capacities in India.
Deepening integration in West Africa with a new processing facility in Burkina Faso aims to boost supply security and optimize Indian extraction assets.
R&D focuses on application-specific solutions.
Recent developments include establishing a new sourcing subsidiary in Chad, acquiring land in Burkina Faso for Shea processing, and a successful ₹500 Cr QIP raise to strengthen the balance sheet.
Manorama also achieved its first commercial CBE production in Brazil through a strategic partnership.
Management is confident in long-term growth from its expanding product portfolio and continued investments across the value chain.
No comments yet. Be the first.