Manorama Industries Reports Robust Q2 FY26 Performance with 65% Revenue Surge

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:

Metric	Q2 FY26	Q2 FY25	YoY Growth
Revenue	₹323.31	₹195.42	65%

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:

Metric	Q2 FY26	Q2 FY25	YoY Growth
Net Profit	₹54.88	₹26.71	105.5%

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:

Metric	H1 FY26	H1 FY25	YoY Growth
Revenue	₹612.86	₹328.83	86.4%
Net Profit	₹105.46	₹40.25	162%

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.69%	-6.46%	+0.63%	+21.88%	+48.46%	+602.73%

Manorama Industries Limited , a leading manufacturer of specialty fats and butters, has taken significant steps towards international expansion by signing strategic agreements in Burkina Faso and Brazil.

New Subsidiary in Burkina Faso

Manorama Industries has signed a Memorandum of Understanding (MOU) with the National Office for Major Projects of Burkina Faso to establish a new factory focused on processing Shea Nuts and Mango Kernels. The company plans to conduct this business through a wholly-owned subsidiary, tentatively named Manorama Burkina Industries SA. The proposed entity will have an authorized and paid-up capital of CFA 1,60,00,00,000 (160 crore CFA francs), with Manorama Industries Limited providing 100% subscription in cash.

Strategic Expansion in West Africa

This partnership aligns with Burkina Faso's industrialization policy and is expected to promote sustainable economic development in the region. The primary objectives of the new subsidiary will be:

Buying, processing, and selling of shea nuts/butter
Processing and selling of mango kernels/butter
Handling other related raw materials

Manorama Industries brings to the table its two-decade expertise in manufacturing specialty fats and butters for Fortune 500 companies in the chocolate, confectionery, and cosmetic industries.

Brazilian Venture for Cocoa Butter Equivalent Production

In a parallel development, Manorama Industries has entered into a strategic partnership with DEKEL Agroindústria through its subsidiary Manorama Latin America LTDA. This collaboration aims to produce Cocoa Butter Equivalent (CBE) and specialty fats in Brazil. This move makes Manorama the first global CBE producer to manufacture in Brazil.

Partnership Details

The partnership will utilize DEKEL's facility in Itápolis, São Paulo, with Manorama supplying specialty raw materials for CBE production. This strategic alliance positions Manorama to supply CBE and specialty fats to the broader Latin American chocolate market.

Management's Perspective

Chairman and Managing Director Ashish Saraf stated that the Burkina Faso initiative supports backward integration plans and will improve operational efficiencies in Africa. He also emphasized that the Brazil partnership aims to cater to the growing demand for CBE and specialty fats in the Latin American chocolate market.

Investment Strategy and Regulatory Compliance

Manorama Industries has stated that investments in Burkina Faso will be made in one or more tranches, based on business requirements. This phased approach allows for flexibility in scaling operations as the venture progresses.

The company's Board of Directors approved the Burkina Faso expansion during a meeting. In compliance with SEBI regulations, Manorama Industries has disclosed the details of these developments to the stock exchanges.

Market Impact

These expansions into Burkina Faso and Brazil represent significant opportunities for Manorama Industries to strengthen its position in the global specialty fats and butters market. By establishing a direct presence in a key source region for shea and mango in West Africa, and entering the Latin American market for CBE production, the company is poised to enhance its supply chain, diversify its product offerings, and potentially increase its market share in the international cosmetic and food industries.