Manorama Industries (541974) Q4 24/25 earnings summary

Executive summary

• Achieved record quarterly and annual operational performance in FY25, with standalone revenue from operations at ₹77,084.19 lacs, up from ₹45,708.01 lacs in FY24, and net profit after tax at ₹11,205.01 lacs, a significant increase from ₹4,010.87 lacs year-over-year.

• Consolidated revenue for FY25 reached ₹79,184.62 lacs, with consolidated net profit after tax at ₹10,978.96 lacs.

• Surpassed FY25 financial guidance with improved profitability and a domestic to export sales mix of 27:73.

• Strategic global expansion with eight new subsidiaries in Africa, UAE, and Brazil to enhance market position.

• Focus on innovation, ESG, and sustainability, with ongoing R&D investments and ethical practices.

Financial highlights

• Q4 FY25 revenue grew 80% YoY to INR 2,328 million; EBITDA up 208% YoY to INR 639 million with margin expansion to 27.4%.

• FY25 standalone EBITDA improved, with operating profit before working capital changes at ₹21,787.74 lacs, up from ₹8,182.88 lacs in FY24.

• FY25 revenue reached INR 7,708 million, up 69% YoY; EBITDA at INR 1,911 million (24.8% margin); PAT at INR 1,121 million (14.5% margin).

• Diluted EPS for FY25 was INR 18.73, up from INR 6.72 in FY24; standalone EPS was ₹18.80 (basic), consolidated EPS was ₹18.42.

• Dividend of INR 0.60 per share (30% of face value) declared.

Outlook and guidance

• Targeting FY26 revenue of INR 10,500+ million, driven by improved capacity utilization and operational efficiencies.

• Continued investment in R&D and innovation to meet evolving customer needs.

• Expansion into international markets is reflected by the incorporation of new subsidiaries in Africa, UAE, and Brazil during FY25.