Manoj Ceramic Limited reported a consolidated net profit of ₹12.01 crore for the financial year ended March 31, 2026, an increase of 10.08% from ₹10.91 crore in the previous year. Consolidated revenue from operations rose 23.43% to ₹202.99 crore, up from ₹164.47 crore in FY25. The company’s working capital cycle improved by approximately 23% year-on-year to 178 days from 231 days in FY25, reflecting enhanced cash conversion efficiency.

The Board of Directors approved the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. The statutory auditor, Chhogmal & Co., provided an audit report with an unmodified opinion. The company’s total expenses for the year increased, driven by operational expansion and inventory buildup to support business scale-up.

Operational and Strategic Highlights

During FY26, Manoj Ceramic expanded its domestic and international footprint through the launch of a Dubai Display Centre and strengthened export operations across Africa, GCC, UK, and U.S. markets. The company accelerated its digital transformation initiatives through an AI-powered MCPL Studio and CRM integration. Operationally, the company strengthened backward integration via the operationalization of its Upper Thane Cutting & Polishing Facility and expanded warehouse infrastructure.

Financial Performance

The company reported growth in profitability despite a slight dip in EBITDA margins during the second half. Trade receivables reduced to ₹62.16 crore from ₹72.61 crore, while inventories increased to ₹62.35 crore to support premium product expansion. The management attributed the performance to retail expansion, premium product diversification, and technology-led customer engagement.

Capital Allocation

The board disclosed a utilization certificate for the preferential issue of share warrants. The net proceeds received amounted to ₹3,815.70 lakh. The company utilized ₹2,715.24 lakh for working capital requirements and business expansion, and ₹1,100.00 lakh for general corporate purposes.

Manoj ceramic Limited has notified BSE Limited that it is exempt from submitting the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended 31st March, 2026.

Regulatory Exemption Details

The exemption is based on Regulation 15 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, which provides relief from corporate governance provisions to specific categories of listed entities. The regulation exempts companies from compliance with various provisions including Regulations 17, 17A, 18, 19, 20, 21, 22, 24, 24A, 25, 26, 27 and specific clauses of Regulation 46 and Schedule V.

SME Exchange Listing Benefits

Manoj Ceramic Limited qualifies for the exemption as it has listed its specified securities on the SME Exchange. This listing status automatically provides relief from the stringent corporate governance requirements that apply to companies listed on the main board of stock exchanges.

Future Compliance Commitment

The company has undertaken a commitment regarding future compliance obligations. In its communication to BSE, Manoj Ceramic Limited stated that it will comply with the requirements of Regulation 24A within six months from the date on which the provision becomes applicable to the company.

Company Information

The notification was signed by Dhruv Rakhasiya, Managing Director (DIN: 03256246), and submitted to BSE on 14th April, 2026. The company operates from its registered office at Krishna Kunj Building, Ghatkopar (E), Mumbai, and maintains its corporate identity under CIN: L51909MH2006PLC166147.