Summary

Manorama Industries Limited delivered a strong financial performance for both the fourth quarter and the full fiscal year ended March 31, 2026. For FY26, consolidated revenue increased by 76.1% year-on-year to INR 13,577.0 Mn, complemented by a substantial 92.5% growth in EBITDA to INR 3,677.1 Mn. Profit After Tax (PAT) surged by 108.1% to INR 2,332.2 Mn, with EBITDA and PAT margins expanding by 230 bps and 264 bps respectively. The Chairman and Managing Director, Mr. Ashish Saraf, highlighted the sustainable demand for their products and the strength of their integrated value chain, further emphasizing strategic capacity enhancements and a planned capex of approximately INR 460 crores over the next 2-3 years to reinforce market leadership and global competitiveness.

Key Highlights

1. 1

   Manorama Industries Limited reported a significant surge in its FY26 consolidated revenue, which increased by 76.1% year-on-year to INR 13,577.0 Mn.

2. 2

   For the full fiscal year 2026, consolidated EBITDA grew by 92.5% year-on-year to INR 3,677.1 Mn, with the EBITDA margin expanding by 230 basis points to 27.1%.

3. 3

   Profit After Tax (PAT) for FY26 more than doubled, showing a 108.1% year-on-year increase to INR 2,332.2 Mn, resulting in a PAT margin expansion of 264 basis points to 17.2%.

4. 4

   In Q4 FY26, the company's consolidated revenue stood at INR 3,823.0 Mn, marking a 64.2% increase year-on-year.

5. 5

   By the end of FY26, the capacity of Solvent Fractionation Plant 2 (SF 2) was boosted by 30% from 25,000 to 32,500 tonnes per annum through debottlenecking.

6. 6

   Manorama Industries plans a strategic capital expenditure of approximately INR 460 crores over the next 2-3 years, focusing on integration, a new manufacturing facility, refinery expansion, and a processing plant in Burkina Faso.

7. 7

   The Company achieved a milestone in FY26, with its annual Cash Profit of ₹3258.77 Crore exceeding its Gross Block (Land + Building + Plant & Machinery) of ₹250.85 Crore.