Manorama Industries earnings calls.

Manorama Industries delivered an exceptional FY26 with standalone revenue surging 76.1% YoY to INR 1,357 croreCurrent 76.1% vs previous available quarter 73.3%., driven by volume growth and improved product mix. EBITDA margin expanded to 27.1%Current reported value: 27.1%. No comparable prior figure is available in the source record. (PAT margin 17.2%), reflecting operational leverage and higher value-added sales (CBE now 30%Current 30%. Reported change: +20pp YoY. of revenue vs 10% two years ago). Operating cash flow was robust at INR 259 croreCurrent reported value: INR 259 crore. No comparable prior figure is available in the source record., and working capital improved to 125 daysCurrent 125 days. Reported change: -26 days YoY.. Management guided for continued strong growth in FY27, targeting 20-30% volume growth plus 5-10% price realization, with EBITDA margins sustaining in the 25Current 25 crore vs previous available quarter 28 crore.-27% range. A INR 460 crore capexCurrent reported value: INR 460 crore capex. No comparable prior figure is available in the source record. over 2-3 years (including a Burkina Faso backward integration plant and new fractionation/refinery capacity) supports the long-term INR 3,500 crore revenue vision by FY30. Key risk: consolidated margins were impacted by startup losses at new international subsidiaries, which management expects to normalize.