StockWatch
·
Filing
Q3

Manorama Industries Ltd

MANORAMAFY2628 Jan 2026
Revenue+12.1%
Net Profit+35.7%
OPM28.72%

P&L

Quarterly Consolidated

Revenue
+12.1%362.54
Expenditure
+11.2%278.25
Net Profit
+35.7%72.27
NPM 19.32%+17.4%EPS ₹12.10+35.8%

vs Q2 FY26

Manorama Industries Reports Robust Q3 & IMFY26 Performance with 73.3% YoY Revenue Growth

28 Jan 2026 · 28 Jan, 3:56 pm

Summary

Manorama Industries Limited, a global pioneer in the manufacturing of Cocoa Butter Equivalent (CBE), specialty fats & butters and exotic products, has announced its results for the third quarter and nine months ended December 31, 2025. Q3FY26 Revenue increased by 73.3% YoY to INR 3,625 Mn, EBITDA grew by 78.0% YoY to INR 982 Mn, and PAT surged by 131.1% YoY to INR 682 Mn.

Key Highlights

  1. 1

    Q3FY26 Revenue increased by 73.3% YoY to INR 3,625 Mn

  2. 2

    Q3FY26 EBITDA grew by 78.0% YoY to INR 982 Mn

  3. 3

    Q3FY26 PAT surged by 131.1% YoY to INR 682 Mn

  4. 4

    For 9MFY26, Revenue surged by 81.3% YoY to INR 9,754 Mn

  5. 5

    For 9MFY26, EBITDA surged by 108.3% YoY to INR 2,647 Mn

  6. 6

    For 9MFY26, PAT grew exponentially by 148.9% YoY to INR 1,737 Mn

  7. 7

    Company has upwardly revised its FY26 revenue guidance from INR 1,150 Crores to INR 1,300 plus Crores

  8. 8

    Company is increasing the output of its existing fractionation capacity by 30% through debottlenecking, reaching 52,000 metric tonnes per annum (MTPA) by this financial year

  9. 9

    Company has acquired 19.40 acres of new land and successfully commissioned a new packing plant and laboratory building funded through internal accruals

  10. 10

    Company has approved its capital expenditure plan of approx. 460 crores to be invested over next 2-3 years in a phased manner

Management Comments

M

Mr. Ashish Saraf

We continue to sustain our growth momentum in Q3 & 9MFY26, reporting revenues of INR 363 Crores, reflecting a robust year-on-year growth of 73.3%. This strong performance is attributed to, optimized utilization of newly upgraded fractionation facility, operational excellence, and coupled with robust demand in the chocolate, confectionery, and cosmetics sectors. As a result, the Company has upwardly revised its FY26 revenue guidance from INR 1,150 Crores to INR 1,300 plus Crores.

Informational and educational content only. Not investment advice.