Why Manorama Industries share price hits 52-week high after 67.6% profit jump: Q1 FY27 results analysed

A specialty food products stock jumped sharply on August 14 after its June 2026 quarter showed strong revenue and profit growth. The share price rose more than 10% in the supplied market data and touched a fresh 52-week high of ₹1,864, while the current price was around ₹1,766. The company reported a 67.58% year-on-year rise in consolidated net profit to ₹78.66 crore, according to the supplied quarterly result coverage, while revenue increased 39.53% to ₹404.01 crore. The strong quarter has put the stock in focus as demand from food, chocolate, confectionery and cosmetics customers combines with higher operating capacity.

The financial trend has also strengthened significantly over the past few years. TTM sales stand at ₹1,472 crore and TTM operating profit at ₹398 crore, with the operating margin at 27%. Net profit stands at ₹264 crore on a TTM basis. Five-year sales have grown at a 46% CAGR, while profit has grown at 74% CAGR. The stock trades at a P/E of 42.2 and about 14.9 times book value, with ROCE at 35.4% and ROE at 40.3%. The sharp rise in earnings has therefore come alongside a premium valuation.

Stock price and financial metrics

The stock was trading at around ₹1,766 in the supplied market snapshot, up 9.34% during the session, while the headline market data showed a rise of more than 10%. The 52-week range stands at ₹1,061 to ₹1,864. Historical returns have been strong, with the stock gaining 29.79% over one year and 756.31% over five years. The five-year stock price CAGR is 39%, while the three-year CAGR is 67%. At the same time, the P/E of 42.2 and price-to-book multiple of around 14.9 indicate that the stock is trading at a premium valuation.

Metric	Value
Current Price	₹1,766
52 Week High	₹1,864
52 Week Low	₹1,061
Market Cap	₹11,147 crore
P/E	42.2
Book Value	₹116
Price to Book	14.9x
Dividend Yield	0.04%
ROCE	35.4%
ROE	40.3%

Latest quarterly financial performance

The June 2026 quarter recorded strong growth in sales and operating profit. Standalone figures in the supplied financial data show sales of ₹404 crore compared with ₹290 crore in June 2025, while operating profit increased to ₹109 crore from ₹79 crore. Operating margin remained at 27%. Profit before tax increased to ₹109 crore from ₹69 crore, while standalone net profit rose to ₹82 crore from ₹51 crore. The separate result coverage supplied with the source reports consolidated revenue of ₹404.01 crore and consolidated net profit of ₹78.66 crore, up 67.58% year on year. Since the supplied sources identify different bases, the figures have not been combined.

Metric	Jun 2026	Jun 2025	YoY Change
Sales	₹404 crore	₹290 crore	39.53%
Operating Profit	₹109 crore	₹79 crore	37.97%
OPM	27%	27%	Stable
Profit Before Tax	₹109 crore	₹69 crore	57.97%
Standalone Net Profit	₹82 crore	₹51 crore	60.78%
EPS	₹13.66	₹8.48	61.08%

The supplied result coverage reports consolidated net profit of ₹78.66 crore, compared with ₹46.94 crore in the corresponding quarter, representing 67.58% growth. The reported improvement was supported by stronger demand, a better product mix and higher operating capacity, with global demand from chocolate, confectionery and cosmetics customers contributing to the business.

Long term financial performance

The long-term financial numbers show a major acceleration in both sales and profitability. Sales increased from ₹133 crore in March 2015 to ₹1,358 crore in March 2026 and ₹1,472 crore on a TTM basis. Operating profit rose from ₹4 crore to ₹368 crore over the same period, reaching ₹398 crore on a TTM basis. Net profit increased from ₹1 crore in March 2015 to ₹233 crore in March 2026 and ₹264 crore on a TTM basis. The strongest growth has come in recent years, with sales rising at a 46% CAGR over five years and profit at 74% CAGR.

Financial Metric	Mar 2015	Mar 2026	TTM
Sales	₹133 crore	₹1,358 crore	₹1,472 crore
Operating Profit	₹4 crore	₹368 crore	₹398 crore
Operating Margin	3.2%	27%	27%
Profit Before Tax	₹2 crore	₹316 crore	₹356 crore
Net Profit	₹1 crore	₹233 crore	₹264 crore
EPS	₹1.23	₹39.06	₹44.25

Sales growth stands at 26% CAGR over 10 years, 46% over five years and 57% over three years. Profit growth has been even faster at 70%, 74% and 99% across the same periods. ROE has increased to 40% in the latest year, compared with 25% over five years and 30% over three years. The improvement in operating margin from 16% in March 2024 to 27% in March 2026 has also supported the rise in profitability.

Valuation and factors to watch

The stock trades at a P/E of 42.2 and a price-to-book multiple of around 14.9 times. Book value is ₹116 and dividend yield is only 0.04%, while ROCE stands at 35.4% and ROE at 40.3%. The valuation is therefore elevated, making future earnings growth important for the stock. Investors should watch whether sales growth, operating margins and demand from the food, chocolate, confectionery and cosmetics markets can continue at the recent pace. The company's higher operating capacity will also be relevant to future revenue growth.

Key risks

The main risk visible from the supplied financial data is the stock's premium valuation. With a P/E of 42.2 and price-to-book multiple of about 14.9 times, any slowdown in earnings growth could affect how the market values the stock. The stock has also delivered a 756.31% return over five years, making the recent price performance substantial. Investors should therefore monitor sales growth, operating margins and profit growth instead of relying only on the latest quarterly increase.

Stock outlook

The June 2026 quarter showed strong business growth, with sales rising 39.53% year on year and operating profit increasing from ₹79 crore to ₹109 crore in the supplied standalone figures. The separate consolidated result coverage reports net profit growth of 67.58% to ₹78.66 crore. TTM sales have reached ₹1,472 crore and TTM net profit ₹264 crore, while operating margin stands at 27%. The next quarters will show whether higher capacity and demand can sustain the recent earnings growth. At the same time, the current P/E and price-to-book levels leave the stock trading at a premium valuation.

About the company

Manorama Industries Ltd operates in the specialty fats and food ingredients sector, manufacturing specialty fats and butters from exotic seeds and nuts. Its business includes products derived from Sal and Mango seeds, including cocoa butter equivalents and specialty fats used across food, chocolate, confectionery and cosmetics applications. The company follows a "Waste to Wealth" model based on procuring tree-borne seeds, processing them and converting them into value-added products. It is classified under Fast Moving Consumer Goods, Food Products and Other Food Products.

What is the current share price of Manorama Industries?

The supplied market data shows the share price at around ₹1,766, while the stock touched a 52-week high of ₹1,864 on August 14, 2026.

Why is Manorama Industries share price rising?

The stock gained sharply after the company reported strong June 2026 quarterly results. Revenue increased 39.53% year on year, while the supplied consolidated results showed net profit growth of 67.58%.

What was Manorama Industries' Q1 FY27 revenue?

Revenue increased to approximately ₹404 crore in the June 2026 quarter from ₹290 crore in June 2025, representing growth of about 39.53%.

What was Manorama Industries' Q1 FY27 net profit?

The supplied consolidated results show net profit of ₹78.66 crore, up 67.58% from ₹46.94 crore in the corresponding quarter. The supplied standalone financial data reports net profit of ₹82 crore.

What is Manorama Industries' 52-week high?

The stock's supplied 52-week high is ₹1,864, while the 52-week low is ₹1,061.

What is Manorama Industries' P/E ratio?

The stock is trading at a P/E ratio of approximately 42.2, based on the supplied market data.

What does Manorama Industries manufacture?

The company manufactures specialty fats and butters derived from seeds and nuts. Its products include cocoa butter equivalents and specialty fats used in the food, chocolate, confectionery and cosmetics industries.

What is driving Manorama Industries' revenue growth?

The supplied information points to higher operating capacity, stronger demand and a better product mix, along with demand from global chocolate, confectionery and cosmetics markets.

How fast has Manorama Industries' profit grown?

The supplied financial data shows profit growth of 74% CAGR over five years, while three-year profit growth stands at 99% CAGR. TTM profit growth is reported at 77%.

What is Manorama Industries' ROE?

Manorama Industries has an ROE of approximately 40.3%, with the latest-year ROE reported at 40%.

Is Manorama Industries trading at a premium valuation?

Yes. The stock trades at around 42.2 times earnings and approximately 14.9 times book value. The premium valuation means future earnings growth will remain important for the stock.

What are the main risks for Manorama Industries investors?

The stock's elevated valuation is an important factor to monitor. Investors should also watch whether revenue growth, operating margins and profit growth can maintain their recent pace as the company expands capacity and serves demand from its end markets.