Manomay Tex FY26 Net Profit Rises 2% to ₹1,964 Lakh

1 min read     Updated on 23 May 2026, 10:33 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Manomay Tex India Limited announced its audited financial results for the year ended March 31, 2026, reporting a net profit of ₹1,964.15 lakh, up from ₹1,925.27 lakh in FY25. Revenue from operations increased to ₹71,070.33 lakh. For the quarter ended March 31, 2026, net profit stood at ₹499.72 lakh. The board approved the acquisition of a 26.00% equity stake in LOV Smart RJ-1 Private Limited for ₹3,12,00,000 to augment captive renewable energy capacity. The trading window for insiders reopens on May 25, 2026.

powered bylight_fuzz_icon
40998920

*this image is generated using AI for illustrative purposes only.

Manomay Tex India Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a net profit of ₹1,964.15 lakh for the fiscal year 2026, compared to ₹1,925.27 lakh in the previous year. Revenue from operations increased to ₹71,070.33 lakh from ₹69,691.73 lakh in the corresponding period of the previous year.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹499.72 lakh, up from ₹332.94 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹20,397.47 lakh. Total expenses for the year amounted to ₹68,619.88 lakh, slightly higher than the ₹67,253.05 lakh reported in FY25.

The board of directors, in its meeting held on May 22, 2026, approved the audited financial results. The company's earnings per share (EPS) for the year increased to ₹10.88 from ₹10.67 in the previous year.

Particulars Year Ended 31-03-2026 (₹ in Lakhs) Year Ended 31-03-2025 (₹ in Lakhs)
Revenue from Operations 71,070.33 69,691.73
Total Expenses 68,619.88 67,253.05
Profit for the Period 1,964.15 1,925.27
Basic EPS (₹) 10.88 10.67

Strategic Acquisition

The board approved a share purchase agreement to acquire a 26.00% equity stake in LOV Smart RJ-1 Private Limited. The target entity is engaged in the generation and transmission of renewable energy. The acquisition aims to augment captive renewable energy capacity of up to 13.65 MW (DC) for the company's Rajasthan-based plants.

The total cost of acquisition is ₹3,12,00,000, involving 26,000 equity shares with a face value of ₹10 per share and a securities premium of ₹1,190 per share. The transaction is expected to be completed on or before November 30, 2026. The company stated that the acquisition would ensure long-term cost efficiency and sustainability.

Corporate Governance

The trading window for dealing in the company's shares will reopen for all directors, officers, and designated employees starting May 25, 2026. The meeting commenced at 11:00 A.M. and concluded at 04:01 P.M. on May 22, 2026.

Historical Stock Returns for Manomay Tex

1 Day5 Days1 Month6 Months1 Year5 Years
+1.21%+2.34%-21.96%-22.24%+7.08%+44.58%

How will the 13.65 MW captive renewable energy capacity from the LOV Smart RJ-1 acquisition translate into measurable cost savings for Manomay Tex's Rajasthan operations in the coming fiscal years?

Could the company's renewable energy strategy through minority stake acquisitions expand beyond Rajasthan to other manufacturing locations, and what additional capacity might be targeted?

Given the modest revenue growth of approximately 2% year-over-year, what product segments or export markets is Manomay Tex likely to pursue to accelerate top-line expansion in FY27?

Manomay Tex India Board Meeting Scheduled on May 22, 2026 to Approve FY26 Audited Financial Results

1 min read     Updated on 13 May 2026, 05:12 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Manomay Tex India Limited has scheduled a Board of Directors meeting for May 22, 2026, at its registered office in Bhilwara, Rajasthan, under Regulation 29 of SEBI (LODR) Regulations, 2015. The meeting will consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026, along with the statutory auditors' report. The trading window for the company's securities will remain closed for all designated persons until May 24, 2026, in compliance with insider trading prevention norms. The intimation was filed on May 13, 2026, and signed by Managing Director Yogesh Laddha.

powered bylight_fuzz_icon
40218117

*this image is generated using AI for illustrative purposes only.

Manomay Tex India Limited has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Friday, May 22, 2026. The intimation, dated May 13, 2026, has been filed pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will be held at the company's registered office located at 32, Heera Panna Market, Pur Road, Bhilwara - 311001, Rajasthan.

Agenda of the Board Meeting

The board meeting has been convened to deliberate on key financial and statutory matters. The following items are listed on the agenda:

Agenda Item: Details
Financial Results Approval: Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026
Auditors' Report: To take on record the Auditors' Report submitted by Statutory Auditors for the Quarter and Year ended March 31, 2026
Other Business: Any other lawful business included in the agenda

The primary agenda includes the consideration and approval of the standalone audited financial results for the quarter and full year ended March 31, 2026. The board will also take on record the Auditors' Report submitted by the statutory auditors pertaining to the same period.

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of Manomay Tex India Limited will remain closed for all Directors, Officers, Designated Employees, connected persons, and their immediate relatives. The trading window closure will continue until May 24, 2026, which is 48 hours from the time the financial results are made public.

The intimation was signed by Yogesh Laddha, Managing Director (DIN: 02398508), on May 13, 2026.

Historical Stock Returns for Manomay Tex

1 Day5 Days1 Month6 Months1 Year5 Years
+1.21%+2.34%-21.96%-22.24%+7.08%+44.58%

How have Manomay Tex India's revenue and profitability trends evolved over FY2026 compared to the previous fiscal year, given the textile sector's exposure to fluctuating cotton prices and export demand?

Will the board consider announcing any dividend, bonus shares, or capital restructuring alongside the FY2026 financial results approval?

How might Manomay Tex India's FY2026 performance reflect broader challenges faced by Bhilwara-based textile companies amid shifting global trade dynamics and synthetic fabric competition?

More News on Manomay Tex

1 Year Returns:+7.08%