BSECompany Update6d ago · 13 Aug 2026, 07:20 pm
Investor Presentation with respect to Unaudited Financial Results for the Quarter ended June 30, 2026.
Manorama Industries Ltd · 541974
✦ AI Summary▲ PositiveResults
Manorama Industries Ltd has released an investor presentation for Q1FY27, highlighting its strong business model, competitive leadership, and sustainability story. The company has a niche, high-return specialty fats platform with a strong sourcing network, robust product portfolio, and a track record of long-standing global clients. The presentation also mentions the company's plans for expansion, including a proposed capex of INR 460 Cr to expand CBE and specialty fats manufacturing capacities in India and Burkina Faso.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Investor Presentation
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Manorama
Industries Limited
KHASRA No. - 2449-2610,
Parswani Road, Near
Birkoni Industrial Area,
Mahasamund (C.G.)- 493445
August 13, 2026
To, To
The Manager The Manager,
Listing Department Listing Department
BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”)
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block,
Dalal Street, Fort Bandra-Kurla Complex, Bandra (East),
Mumbai 400 001 Mumbai 400 051
Scrip Code: 541974 Symbol: MANORAMA
ISIN: INEOOVMO01036 ISIN: INEOOVMO01036
Subject: Investor Presentation
Dear Sir/Madam,
In reference to the above captioned subject, please find attached a copy of Investor’s Presentation with
respect to Unaudited Financial Results (Both Standalone and Consolidated) for the quarter ended June
30, 2026.
The same is also available on the website of the Company at https://manoramagroup.co.inf/investors-
financialficorporate presentation.
We request you to take the above information on record.
Thanking You,
Yours faithfully
For Manorama Industries Limited
Deepak Sharma
Company Secretary & Compliance Officer
Membership No: A48707
Encl: As above
Corporate Office: Certifications: Registered Office:
F-6, Anupam Nagar, 701,7th Floor, Bonanza Building,
150 9001, ISO 14001 & ISO 45001, Certified ‘Company
Raipur-492007, Chhattisgarh, Tndia Manufacturing & Supplying different products Sahar Plaza, Complex
E-mail: info@manoramagroup.co.in Certified for RSPO, Kosher, Halal (MUI), Andheri Kurla Road, Andheri
Tel.: +91-771-2283071, 2282457
FEcoVadis Committed badge certified & Sedex SMETA 4-Pillar Certified
Telefax: +91-771-4036958 Mumbai-400059, Maharashtra, India
CIN: L15142MH2005PLC243687 A Government of India Recognized Star Export House Tel. 02249743611, 02267088148
MSME ZED GOLD WWW.Manoramagroup.co.in
GSTIN: 22AAECM3726C1Z1 GSTIN-27AAECM3726C1ZR
Empowering Sustainability
August - 2026
Manorama Industries Limited
Investor Presentation Q1FY27
Table of Contents
01 03 05
Business Model Strong
The Manorama
& Competitive Leadership &
Story
Moats Sustainability
Industry
Q1FY27
Appendix
Tailwinds
Highlights
02 04 06
Manorama
Story
A Niche, High – Return Specialty Fats Platform
From Exotic Seeds to Global Specialty Ingredients Leadership
Driving sustainable growth through end-to-end integration, global reach, and superior financial performance
39+ INR 13,667 Mn 26.4% 16.5%
Countries with
Revenue– FY26 EBITDA Margin – FY26 PAT Margin – FY26
Geographical Presence
39.4% 46.2% 7.4x 60:40
ROE – FY26 ROCE – FY26 Asset Turnover Export : Domestic Mix –
Q1FY27
Consolidated 4
Forest to Formulation
Strong Sourcing Network Robust Product Portfolio
• Sal, Mango and other exotic seeds sourced • Stearin & Olein Fractions
across India
• MILCOA® Cocoa Butter Equivalents (CBE)
• Shea nuts/Shea butters sourced from West
• Other Specialty Fats & Butters for chocolate,
African countries
confectionery and personal care
• Tribal-community collection network with
strong village-level aggregation
71.4% 47,500 MTPA 2 Decades Fortune 500
FY26 - Stearin & CBE Fractionation Track record in Long – standing global
Revenue Contribution Capacity – Q1FY27 specialty fats clients
Core Applications: Chocolate, Confectionary and Personal Care
*MTPA – Million Tonnes Per Annum 5
Five Engines of Compounding Growth
1 CBE & Specialty Fats Platform & 5 Next Phase of Expansion
Unique Sourcing Ecosystem
• Proposed planned INR 460 Cr capex focused on expanding
• Built the business over nearly two decades with a focus on
speciality fats and butters derived from exotic tree – borne CBA manufacturing, solvent fractionation and refinery
oilseeds capacities in India.
• Seed/Butter procurement supply chain and sourcing from
• Strategic investments in Burkina Faso processing facilities will
India, Africa and other countries
MANORAMA strengthen backward integration, improve supply security and
support long-term growth
• Efficiently sources Shea nuts from West African countries ADVANTAGE
Integrated, Certified &
2 Manufacturing Excellence Ready for the next 4 Robust Financial Performance
phase of growth
• Fully integrated manufacturing ecosystem with 47,500 MTPA
• Financial track record (FY22-26: CAGR)* Revenue: 48.5%
fractionation capacity
EBITDA: 75.3% PAT: 76.2%
• Continuous capacity expansion have strengthened operating
• CARE Ratings upgrades the Company’s bank facilities from
leverage, driving asset turnover to 7.4x in FY26
Global Certifications & Trusted Customer Relationships
• International certifications including FSSC 22000, ISO, RSPO and Fairtrade
enable access to premium global food, confectionery and personal care markets
• Long-standing relationships with Fortune 500 companies, supported by
customized product development and stringent quality standards 6
*Standalone
Industry
Tailwinds
Demand Tailwinds Powering CBE & Specialty Fats Adoption
Need for Heat – Stable Chocolate
1 Growing Adoption of CBE 4
Products in Tropical Regions
• CBE is a trans-fat-free vegetable fat fully compatible • CBE improves heat and melt stability, helping
with cocoa butter, offering similar physical and chocolates retain quality in warm climates.
chemical properties
• Extended shelf life and better storage performance
make CBE particularly suitable for tropical markets
such as India, Southeast Asia and the Middle East.
Increasing Demand for Natural &
2 3 Regulatory Support Driving CBE
Sustainable Cosmetic Ingredients
Adoption
• Shea, Sal and Mango butters are widely used in • In the European Union, India (FSSAI), and
moisturisers, skincare, lip care and premium personal several other markets, manufacturers are allowed
care formulations to use up to 5% CBE in the finished chocolate
product while retaining the ‘chocolate’ label
• Consumer preference for plant-based and naturally
sourced ingredients is driving demand for specialty
cosmetic oils and butters.
Strong demand drivers underpin Manorama’s integrated specialty fats proposition
Business
Model &
Competitive
Moats
Waste-to-Wealth Business Model
1 2 3 4
P R O C U R E E X T R A C T M A N U F A C T U R E S U P P L Y
Exotic Tree-Borne Seeds Extracts & processes seeds CBE & exotic specialty fats Sells to Food, Chocolate,
India · Africa at Birkoni plant & butter Confectionery & Cosmetic
cos.
INDIA — Sal Seed Collection AFRICA — Shea Seed Collection
▪ Nuts picked by tribals
▪ Scattered seeds in forest bed
▪ Boiling & cleaning of nuts in villages
▪ Seed collection by tribal women
▪ Deshelling and procurement via company’s network
▪ Pre-cleaning → deshelling → cleaning at village level
▪ Imports Shea nuts and shea butters from Africa
▪ Aggregation at purchase centre and shipment to Birkoni plant
▪ Shipping to India → arrives at Raipur warehouse
▪ Strong network of tribal communities & collection centres
▪ Burkina Faso processing plant will deepen backward integration
• By-product monetization through de-oiled cake supports profitability
RAW M ATERI ALS: India — Sal, Mango, Kokum, Mowrah, Dhupa, Phulwara, etc. · Africa — Shea nut/
Shea butters · Other Countries – PMF and others
Integrated Manufacturing Dominance
Fractionation Capacity
47,500 MTPA (Includes 25,000 MTPA
commercialized in July 2025, plus 7,500
MTPA via debottlenecking in Mar 2026)
Packing Capacity
NEWLY ACQUIRED
LAND FOR CAPEX
30,000 MTPA finished goods packing
capability
Fractionation Capacity (in TPA)
52,000
47,500
40,000
15,000
Technological Edge
State-of-the-art Fractionation Facility enabling production of premium Cocoa Butter Equivalents
FY22 FY25 FY26 FY27E
(CBEs) and specialty fats.
Capacity Expansion Driving Operating Leverage
47,500 TPA INR 1,358 Cr. 7.4x 48.5% 34.5%
FY26 Fractionation FY26 Revenue* FY26 Asset Turnover* FY22 - 26 Revenue FY22 - 26 Fixed Asset
Capacity CAGR* CAGR*
Manufacturing Capacity Build-out (Capacity in TPA)
Seed Milling Solvent Extraction Refinery Fractionation
60k 90k NIL 90k 15k 45k 15k 47.5k
+30k in FY24 +90k in FY23 +30k in FY24 +32.5k in FY26 (7.5k from debottlenecking)
Strong revenue expansion, supported by prudent fixe
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