Manorama Industries Limited , a global leader in specialty fats and butters, has revised its revenue guidance for fiscal year 2026 upwards to over ₹1,150 crore. This increase from the previous target of ₹1,050 crore reflects the company's robust performance and positive outlook in the specialty fats sector.

Drivers of Growth

The company attributes this upward revision to several key factors:

1. Growing demand for specialty fats
2. Global expansion initiatives
3. Capacity upgrades

These elements are expected to drive top-line growth and may lead to improvements in margins and return on capital employed (ROCE).

Financial Performance

Manorama Industries' recent financial results underscore its strong trajectory:

The company's EBITDA margin expanded by 530 basis points year-over-year to reach 27.2% in H1 FY26, while the PAT margin improved by 497 basis points to 17.2%.

Strategic Initiatives

Ashish Saraf, Chairman and Managing Director of Manorama Industries, highlighted several strategic moves contributing to the company's growth:

1. Capacity Expansion: A fractionation capacity increase from 40,000 to 52,000 MTPA is planned, with a scheduled plant modification and maintenance shutdown in Q3 FY26.

2. Global Partnerships: The company has expanded its presence in Africa and Latin America, including an MoU with the Government of Burkina Faso and a partnership with Dekel Agroindustria in Brazil.

3. Land Acquisition: Approximately ₹18 crore invested in purchasing 20 acres of land adjacent to its Birkoni facility for future expansion.

4. Operational Efficiency: Improved working capital management, with working capital days reduced from 151 in FY25 to 97 in H1FY26.

Sustainable Growth Model

Manorama Industries continues to leverage its 'waste-to-wealth' sourcing model, which empowers rural and tribal communities while ensuring a sustainable supply chain for its specialty fats and butters.

Outlook

With a strong balance sheet and disciplined financial management, Manorama Industries is well-positioned to capitalize on the growing demand for specialty fats in the chocolate, confectionery, and cosmetics industries. The company's focus on value-added products and operational excellence is expected to drive sustained growth and profitability in the coming years.

As Manorama Industries continues to expand its global footprint and enhance its production capabilities, it remains committed to creating sustainable value for all stakeholders while maintaining its leadership position in the specialty fats and butters market.

Manorama Industries Limited , a leading manufacturer of exotic seed-based fats and butters, has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth across key financial metrics.

Strong Revenue Growth

The company reported a substantial increase in its standalone revenue from operations for Q2 FY26:

This impressive 65% year-on-year growth in revenue underscores the company's strong market position and growing demand for its products.

Profitability Surge

Manorama Industries also witnessed a remarkable improvement in its profitability:

The company's net profit after tax more than doubled, reflecting enhanced operational efficiency and effective cost management.

Half-Year Performance

For the first half of FY26, Manorama Industries continued its strong performance:

The substantial growth in both revenue and net profit for the half-year period demonstrates the company's consistent performance and market strength.

Improved Earnings Per Share

The company's earnings per share (EPS) showed significant improvement:

• Basic EPS for Q2 FY26: ₹9.18 (compared to ₹4.48 in Q2 FY25)

This increase in EPS reflects the company's enhanced profitability and value creation for shareholders.

About Manorama Industries Limited

Manorama Industries specializes in the manufacturing of exotic seed-based fats and butters, including Cocoa Butter Equivalent (CBE). The company's focus on this niche segment has positioned it well in the market, as evidenced by its strong financial performance.

The financial results were approved by the company's Board of Directors and reviewed by statutory auditors Singhi & Co., ensuring compliance with regulatory requirements and accounting standards.

As Manorama Industries continues to demonstrate strong growth and profitability, investors and market observers will likely keep a close watch on the company's future performance and strategic initiatives in the exotic fats and butters industry.