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Manorama Industries Ltd

Manorama Industries

Mid Cap411 EmployeesIPO 2018
Current Price
1385.60
-40.7 (-2.85%)Updated
NSE :MANORAMA
BSE :541974
Valuation vs Sector
P/E Ratio
38.98vs 36.89
P/B Ratio
14.70vs 9.16
Div Yield
0.04%vs 1.61%
Today's Range
1365.50
1385.60
union icon
1408.00
52 Week Range
52W Low740.50
52W High1760.00
1385.60
union icon
Downside87.12%
Upside27.02%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
8,478.61 Cr
Market Cap
Total market value of company
P/E Ratio
49.67
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
14.79
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
28.55
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
18.25%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
-%
ROCE
Return on Capital Employed. >15% is good
Net Margin
16.18%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
34.35%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
32.57%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
65.40%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
107.00%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
1.05
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
77.14
Book Value
Net asset value per share
Dividend Yield
0.04%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
54.30%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

4 points
  • Manorama Industries has demonstrated robust quarterly sales growth, with a significant 65.40% increase in the latest quarter, reaching 323 Cr. This indicates strong demand and effective market penetration.
  • The company has achieved exceptional quarterly profit growth, reporting a remarkable 107.00% increase in Net Profit After Tax to 53.2 Cr, showcasing enhanced operational efficiency and profitability.

Weaknesses

6 points
  • The company's stock trades at a relatively high Price-to-Earnings (P/E) ratio of 49.30, which is significantly above some industry peers, suggesting a potentially overvalued stock or high growth expectations.
  • Manorama Industries exhibits a high Price-to-Book Value (P/BV) of 18.20, indicating that the market values the company significantly above its net asset value, which could imply a premium valuation.

Opportunities

3 points
  • Operating within the Fast Moving Consumer Goods (FMCG) sector, specifically 'Other Food Products,' presents significant growth opportunities driven by increasing consumer demand and evolving dietary preferences.
  • With a market capitalization of 8420 Cr, the company has potential for further expansion within its niche, leveraging its strong quarterly performance to capture a larger market share.

Threats

3 points
  • The 'Other Food Products' industry is highly competitive, with numerous players potentially leading to pricing pressures and market share erosion if Manorama cannot maintain its competitive edge.
  • The stock's significant 52-week high-low range (1774.00 to 736.00) indicates high market volatility, which could expose investors to substantial price fluctuations and investment risk.

Segment-wise Financial Analysis

Financial Results

Balance Sheet

StandaloneAnnualAll amounts in ₹ Crores • CA Schedule III Format

No Balance Sheet Data Available

Standalone annual data is not available for this symbol.
Try switching to Consolidated view.

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
Shrey Ashish Saraf
24 Dec 202426 Dec 202413.41 L
1.49 L
₹1,100SELL
Agastya Saraf
24 Dec 202426 Dec 202413.41 L
1.49 L
₹1,100SELL
Vinita Ashish Saraf
24 Dec 202426 Dec 202445.67 L
13.93 L
₹1,102.13SELL
Ritu Saraf
24 Dec 202426 Dec 202442.36 L
2.98 L
₹1,100SELL

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R41492.23+₹106.63+7.70%
R31449.73+₹64.13+4.63%
R21428.87+₹43.27+3.12%
R11407.23+₹21.63+1.56%
PIVOT1386.370.770.06%
CURRENT1385.60--
S11279.73-₹105.87-7.64%
S21322.23-₹63.37-4.57%
S31343.87-₹41.73-3.01%
S41364.73-₹20.87-1.51%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
0.79L
(02 Mar 2026)
-30.9% vs avg
Delivery %
45.2%
(02 Mar 2026)
-8.5% vs avg
Avg Volume (20D)
1.14L
(03 Feb - 02 Mar)
20-day average
Avg Delivery %
53.7%
(03 Feb - 02 Mar)
Trend ↑
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Nestle India Ltd
2.48L ₹ Cr
Best Profit Growth
KRBL Ltd
74.00 %
Highest Dividend Yield
Bombay Burmah Trading Corporation Ltd
7.99 %

Peer Comparison

Company Name
AVANTIFEED
Avanti Feeds Ltd
BALRAMCHIN
Balrampur Chini Mills Ltd
BBTC
Bombay Burmah Trading Corporation Ltd
BECTORFOOD
Mrs Bectors Food Specialities Ltd
CCL
CCL Products (India) Ltd
DODLA
Dodla Dairy Ltd
GOKULAGRO
Gokul Agro Resources Ltd
HNDFDS
Hindustan Foods Ltd
KRBL
KRBL Ltd
LTFOODS
L T Foods Ltd
NESTLEIND
Nestle India Ltd
ORKLAINDIA
RENUKA
Shree Renuka Sugars Ltd
TRIVENI
Triveni Engineering and Industries Ltd
ZYDUSWELL
Zydus Wellness Ltd

About

MANORAMA

Manorama Industries Ltd

Manorama Industries Limited is a global manufacturer, processor, and supplier of specialty fats and butters derived from tree-borne and plant-based seeds. Their product portfolio is extensive and diverse, encompassing a wide range of vegetable oils and fats. Key offerings include shea butter and fat, sal butter and fat, mango butter and fat, kokum butter and oil, mowrah fat, and various stearines derived from these sources. The company also produces and supplies a variety of organic oils such as castor, neem, karanja, moringa, and rice bran oil, along with glycerine.

Beyond their core offerings of specialty fats and butters, Manorama Industries engages in the trading of a broad spectrum of agricultural commodities. This includes staples like rice, wheat, and sugar, as well as raw materials such as raw cotton, cotton linter, maize/corn, soy meal, and various oilseed meals. They also trade in a variety of other seeds and grains, along with medicinal herbs, demonstrating a significant presence within the agricultural commodities market.

A significant aspect of Manorama's business is its provision of value-added, tailor-made products. This focuses on creating ingredients for cocoa butter equivalents, highlighting their expertise in formulating specialized products to meet specific customer requirements within various industries. Their clientele spans several sectors, including bakery, plant-based food, chocolate and confectionery, technical products, culinary and savory applications, and animal nutrition.

Established in 2005 and headquartered in Raipur, India, Manorama Industries has positioned itself as a key player in the global market for specialty fats and butters, and agricultural commodities. Their integrated business model, encompassing manufacturing, processing, trading, and value-added product development, contributes to their comprehensive presence within the industry.

COMPANY FACTS - MANORAMA

Registered Address

F-6, Anupam Nagar

Raipur

CHHATTISGARH

IN

Company Details

Group: Food, Beverage & Tobacco

Sector: Consumer Staples

Industry: Food Products

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 411

IPO Date: 04/10/2018

MANAGEMENT - MANORAMA

Mr. Ashish Saraf

Executive Chairman of the Board, Whole Time Director, Managing Director

Mrs. Vinita Saraf

Executive Vice Chairman of the Board

Mr. Ashok Jain

Chief Financial Officer

Mr. Deepak Sharma

Compliance Officer, Company Secretary

Mr. Sten Appel

Vice President (New & Existing Projects)

Dr. Krishnadath Bhaggan

Vice President (R&D & QA)

Mr. Yogendra Goswami

Vice President

Mr. Chandan Gupta

Vice President

Mr. Raj Shekhar

Vice President

Mr. Deep Saraf

Vice President - Business Development

Mr. Rejy John

General Manager

Mr. Gautam Pal

Whole Time Director

Investor Questions Answered

Manorama Industries Ltd (MANORAMA) Stock FAQs

Get answers to the most common questions about Manorama Industries Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Manorama Industries Ltd (MANORAMA) is ₹1,385.6. Today, the stock has declined by ₹40.70 (2.85%), trading in a range of ₹1,365.5 to ₹1,408. The stock opened at ₹1,382 with a trading volume of 79,159 shares.
Manorama Industries Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹8,478.61 crores, P/E ratio of 49.67, ROE of 18.25%, and ROCE of 0.00%. The dividend yield stands at 0.04%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Manorama Industries Ltd (MANORAMA) is ₹1,760, while the 52-week low is ₹740.5. Currently trading at ₹1,385.6, the stock is 63.3% away from its 52-week low and 21.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Manorama Industries Ltd stock at ₹1,385.6 depends on multiple factors. The stock is currently trading with a P/E ratio of 49.67 and P/B ratio of N/A. Today's performance shows a loss of 2.85%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Manorama Industries Ltd offers a dividend yield of 0.04%, which means for every ₹100 invested at the current price of ₹1,385.6, you can expect to receive approximately ₹0.04 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Manorama Industries Ltd's key financial metrics include: P/E Ratio: 49.67, P/B Ratio: N/A, ROE: 18.25%, ROCE: 0.00%, Dividend Yield: 0.04%, EPS: ₹28.55, Book Value: ₹77.14, Debt-to-Equity: 1.05, and Current Ratio: N/A. The company's market cap stands at ₹8,478.61 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Manorama Industries Ltd stock opened at ₹1,382 and is currently trading at ₹1,385.6, showing a decline of ₹40.70 (2.85%). The intraday high is ₹1,408 and low is ₹1,365.5. The trading volume stands at 79,159 shares, indicating moderate market participation today.
Manorama Industries Ltd has a Price-to-Earnings (P/E) ratio of 49.67, which means investors are willing to pay ₹49.67 for every ₹1 of earnings. With an EPS of ₹28.55, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Manorama Industries Ltd has a market capitalization of ₹8,478.61 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹1,385.6) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Manorama Industries Ltd has a book value of ₹77.14 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹1,385.6, which is 1696.2% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Manorama Industries Ltd has a Return on Equity (ROE) of 18.25% and Return on Capital Employed (ROCE) of 0.00%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Manorama Industries Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Manorama Industries Ltd has a debt-to-equity ratio of 1.05, which measures the company's financial leverage by comparing total debt to shareholders' equity. A ratio above 1 suggests the company uses more debt than equity for financing. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Manorama Industries Ltd has an Earnings Per Share (EPS) of ₹28.55, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹1,385.6 and P/E ratio of 49.67, investors are paying 49.67 times the annual earnings per share. This moderate EPS suggests decent earnings generation. Track EPS growth over quarters to assess earnings momentum.
Manorama Industries Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Manorama Industries Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Manorama Industries Ltd stock, consider: 1) Fundamental Analysis - Review P/E (49.67), ROE (18.25%), debt-to-equity (1.05), and growth rates. 2) Technical Analysis - Check 52-week range (₹740.50 - ₹1760.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹1385.60) with book value (₹77.14) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Manorama Industries Ltd share is ₹2.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹1,385.6 is 69180x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Manorama Industries Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹740.50 - ₹1760.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 1.05 indicates leverage. 4) Liquidity Risk - Based on trading volume of 79,159 shares. 5) Valuation Risk - P/E of 49.67 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Manorama Industries Ltd operates in the industry with key metrics: P/E ratio of 49.67, ROE of 18.25%, market cap of ₹8,478.61 crores, and dividend yield of 0.04%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 1.05), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Manorama Industries Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹1,385.6, with a 52-week range of ₹740.50 to ₹1760.00. Based on fundamentals like P/E (49.67), ROE (18.25%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Manorama Industries Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹1385.60. 2) Fundamental Deterioration - Declining ROE (currently 18.25%), increasing debt (D/E: 1.05), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Manorama Industries Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.04%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.