This company, which has its presence in specialty fats and butter made from exotic seeds and nuts, surged by more than 10% to hit an intraday high of Rs 1,339.90 per share, upon delivering robust results with a 250 percent jump in Net Profits QoQ.
Price Movement
With a market capitalization of Rs 7,528 crore, the shares of Manorama Industries Ltd hit its 52-week high of Rs 1,339.15 per share on Monday and is currently trading at Rs 1,285.20 per share. The stock gave a positive return of 90 percent over the last one year.
Financial Highlights
The company announced its financial results and made a couple of announcements last week. It reported a standalone revenue of Rs 771 crores in FY25, up by 69 percent from its FY24 revenue of Rs 457 crores. It increased by 80 percent YoY from 129 crores in Q4 FY24 to 233 crores in Q4 FY25. Additionally, on a QoQ basis, it rose by 11.4 percent from 209 crores in Q3 FY25 to 233 crores in Q4 FY25
Also read: 20% Upper Circuit: Multibagger stock surges after reporting 5,000% net profit growth in Q4
It posted a net profit of Rs 112 crores in FY25, up by 180 percent, from its FY24 net profit of Rs 40 crores. It increased by 250 percent YoY from 12 crores in Q4 FY24 to 42 crores in Q4 FY25. However, on a QoQ basis, it rose by 40 percent from 30 crores in Q3 FY25 to 42 crores in Q4 FY25. Additionally, the company has declared a final dividend of Rs 0.60 per share (30% of the face value of Rs 2 per share) for its shareholders.
About the company
Manorama Industries Limited, which is Raipur-based and was established in 2005, produces and exports specialty fats and butters from seeds of tree-borne and plant sources across the globe. Its offerings are shea, sal, mango, kokum, and mowrah butters and oils, and organic oils such as castor, neem, and moringa.
Manorama Industries Limited also deals in agricultural commodities like rice, wheat, cotton, and medicinal herbs. Its products cater to sectors such as bakery, plant foods, chocolates, technical products, and animal nutrition, and it also produces tailored cocoa butter equivalents.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
