Manorama Industries logo

Manorama Industries share price

NSE: MANORAMABSE: 541974Food ProductsSmall Cap

Last close ₹1,765.60up ₹19.40 (1.11%)BSE ₹1,762.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,746.20.

52-week range of traded prices to 23 Oct 2026
₹1,060.60Low, 22 Jan 2026₹2,149.50High, 8 Sep 2026
Market cap
₹11,145 Cr615th largest listed
P/E
43.4
P/B
Shares changed
Dividend yield
0.05%
ROE
45.0%
ROCE
35.6%
Debt to equity
0.52
Volume, NSE
2,07,93436.8% delivered

Share price

Daily closes since Oct 2018, BSE closes Oct 2018 to Jun 2022, adjusted for splits and bonuses

+18.6%over a year

Results20-session average 1,76,655 shares a day, 47.8% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹404 Crup 5.67%
Net profit
₹82 Crup 37.08%
Net margin
20.2%

Revenue by year

Peak revenue ₹1,358 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 5 NovDec 2024Filed 21 JanMar 2025Filed 12 JunJun 2025Filed 25 JulSep 2025Filed 17 OctDec 2025Filed 28 JanMar 2026Filed 11 MayJun 2026Filed 13 Aug
Revenue195209233290323363382404
Net profit2730425155686082
Net margin13.7%14.1%18.2%17.5%17.0%18.8%15.6%20.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of exotic seed based fats and butters including Cocoa Butter Equivalent (CBE), which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/B: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned. Not shown, EV/EBITDA: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned.PE ratio and valuation history

Price to earnings

At or below today's level on 13% of 1,145 trading days over the last 5 years.

LowestHighest
Its median60.2Industry median15.4
Dividend yield

At or below today's level on 83% of 1,923 trading days since Oct 2018.

LowestHighest
Its median0.00%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+6.6%+107.8%−48.7%0.1%
3 years+76.6%+98.5%−11.1%0.1%
5 years+47.6%+64.0%−10.0%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters51.38%
  • Foreign institutions4.16%
  • Indian institutions6.40%
  • Individuals and others38.05%
Holder
Ashish Ramesh SarafPromoter43.68%
Vinita Ashish SarafPromoter7.24%
Ritu SarafResident individuals, over ₹2 lakh at face value6.71%
Prasoon BhattResident individuals, over ₹2 lakh at face value2.38%
Vaidyanath BalasubramanianResident individuals, over ₹2 lakh at face value2.15%
Mahesh Shivanand DesaiNon-resident Indians2.00%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 12,500 of its 6,31,22,390 shares locked in.

Mutual funds holding it

24 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 6 of the 12 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
1
Added
2
Cut
10
Held unchanged
11
Sold out
1
Fund
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Small Cap FundAditya Birla Sun Life Mutual Fund4,77,1701.44%₹88.4 Cr
LIC Mutual Fund logoLIC Mf Multi Cap FundLIC Mutual Fund2,00,0301.69%₹37.1 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund1,60,0040.32%₹29.6 Cr
Trust Mutual Fund logoTrustmf Small Cap FundTrust Mutual Fund1,44,5560.69%₹26.8 Cr
LIC Mutual Fund logoLIC Mf Small Cap FundLIC Mutual Fund1,42,4613.14%₹26.4 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund1,41,1560.35%₹26.2 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Multi Cap FundWhiteOak Capital Mutual Fund1,03,4010.44%₹19.2 Cr
JM Financial Mutual Fund logoJM Small Cap FundJM Financial Mutual Fund80,0271.58%₹14.8 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Multi Asset Allocation FundWhiteOak Capital Mutual Fund65,8320.13%₹12.2 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund65,8180.51%₹12.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Other Food Products, 44 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Manorama Industries in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
EID Parry India logoEID Parry IndiaEIDPARRY11,16724.01.33.7+15.6%−55.0%5.6%14.4%0.00%
Orkla India logoOrkla IndiaORKLAINDIA7,20924.52.617.1––10.7%13.3%0.00%
Shri Ahimsa Naturals logoShri Ahimsa NaturalsSHRIAHIMSA94832.64.9–+28.7%+32.9%16.7%–0.00%
Krishival Foods logoKrishival FoodsKRISHIVAL884–4.627.5–––9.9%0.10%
Freshara Agro Exports logoFreshara Agro ExportsFRESHARA79621.24.5–––21.4%–0.00%
Hexagon Nutrition logoHexagon NutritionHEXAGON754–––––––0.49%
Pajson Agro India logoPajson Agro IndiaPAJSON74330.05.5–––18.2%–0.00%
Apis India logoApis IndiaAPIS741–––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.80 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹0.80
21 Aug 2025Final₹0.60
27 Aug 2024Final₹0.40
11 Sep 2023Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Manorama Industries share price by year

Each calendar year to 2025.Manorama Industries share price history

YearClose at year endChangeHighest closeLowest close
20251,335.20+24.1%1,687.00773.60
20241,075.75+183.5%1,230.40308.95
2023379.51+85.7%469.98181.08
2022BSE close204.40−25.5%298.18187.72
2021BSE close274.22+122.2%376.67120.82
2020BSE close123.42+71.4%166.8949.20
2019BSE close72.00+80.9%74.1037.60
2018BSE close39.79–40.0036.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 4 Oct 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,730.201,786.701,660.801,765.601,719.862,07,93436.8%
22 Oct 20261,744.001,789.201,718.101,746.201,753.721,06,22045.1%
21 Oct 20261,787.901,787.901,707.901,738.001,731.932,34,00649.8%
19 Oct 20261,907.201,911.201,785.301,796.801,833.112,17,22256.2%
16 Oct 20261,940.601,949.901,905.001,911.201,923.581,31,71154.6%
15 Oct 20261,993.102,010.801,916.001,927.401,949.6294,01452.2%
14 Oct 20262,002.502,016.901,981.201,993.101,996.8587,18450.2%
13 Oct 20261,984.002,010.001,936.402,002.501,965.431,12,75845.8%
12 Oct 20262,050.002,050.001,965.101,984.001,994.411,42,57737.3%
9 Oct 20261,999.202,050.001,969.602,043.402,021.541,86,15147.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
7 Mar 2024Split0.2000Each share became 5.
12 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Manorama Industries Limited
NSE symbol
MANORAMA
BSE code
541974
ISIN
INE00VM01036
Industry
Food Products
Listed
Oct 2018 on BSE, Jul 2022 on NSE
Face value
₹2
CIN
L15142MH2005PLC243687
Corporate identity number, the registrar of companies' code for it