View document text
Manorama
Industries Limited
KHASRA No. - 2449-2610,
Parswani Road, Near
Birkoni Industrial Area,
Mahasamund (C.G.)- 493445
August 18,2026
To, To
The Manager
The Manager,
Listing Department Listing Department
BSE Limited (“BSE”) National Stock Exchange of India Limited
(“NSE”)
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Exchange Plaza, Plot No. C/1, G Block, Bandra-
Mumbai 400 001
Kurla Complex, Bandra (East), Mumbai 400 051
Scrip Code: 541974
Symbol: MANORAMA
ISIN: INEOOVMO01036 ISIN: INEOOVMO01036
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Transcript of Q1 of FY27 Earnings Conference Call held on
Friday, August 14, 2026.
Dear Sir/Madam,
In reference to our intimation dated August 10, 2026, and pursuant to Regulation 30 of the Securities
and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we
would like to inform you that the Company had organised an Earnings Conference Call with respect to
QI of FY 27 Results on Friday, August 14, 2026 at 01:30 p.m. (IST). A copy oft ranscript of Q1 of FY
27 earnings conference call is enclosed herewith and the same has also been uploaded on the Company's
website at the below mentioned link:
hnps:/fmmmmmauroun,co.in/invcstors-comnum'—flnnnunccmcnts#almj‘vst meet
This is for your information and records.
Thanking You,
For Manorama Industries Limited
Deepak Sharma
Company Secretary and Compliance Officer
Membership No: A48707
Encl: As Above
Corporate Office: Certifications:
Registered Office:
F-6, Anupam Nagar, 1SO 9001, ISO 14001 & ISO 45001, Certified Company 701,7th Floor, Bonanza Building,
Raipur-492007, Chhattisgarh, India
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
Telefax: +91-771-4056958 EcoVadis Committed badge certified & Sedex SMETA 4-Pillar Certified ‘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
“Manorama Industries Limited
Q1 FY27 Earnings Conference Call”
August 14, 2026
MANAGEMENT: MR. ASHISH SARAF – CHAIRMAN & MANAGING
DIRECTOR – MANORAMA INDUSTRIES LIMITED
MR. ASHOK JAIN – DIRECTOR & CHIEF FINANCIAL
OFFICER – MANORAMA INDUSTRIES LIMITED
MR. PANKAJ RATHI – DEPUTY GENERAL MANAGER,
ACCOUNTS AND FINANCE – MANORAMA INDUSTRIES
LIMITED
MS. EKTA SONI – ASSOCIATE VICE PRESIDENT,
INVESTOR RELATIONS – MANORAMA INDUSTRIES
LIMITED
MR. DEEPAK SHARMA – COMPANY SECRETARY &
COMPLIANCE OFFICER – MANORAMA INDUSTRIES
LIMITED
MODERATOR: MR. HIRAL KENIYA– E&Y LLP
Page 1 of 17
Manorama Industries Limited
August 14, 2026
Moderator: Ladies and gentlemen, good day, and welcome to Manorama Industries Limited Q1 FY27
Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode,
and there will be an opportunity for you to ask questions after the presentation concludes. Should
you need assistance during the conference call, please signal an operator by pressing star, then
zero on your touch-tone phone. Please note that this conference is being recorded.
I now hand the conference over to Mr. Hiral Keniya from EY LLP. Thank you, and over to you,
sir.
Hiral Keniya: Thank you, Huda. Good afternoon, everyone. On behalf of Manorama Industries Limited, I
welcome you all to the company's Q1 FY27 conference call. To discuss the performance of the
company and to answer your questions, we have with us the management team comprising of
Mr. Ashish Saraf, Chairman and Managing Director; Mr. Ashok Jain, Director and CFO, Mr.
Pankaj Rathi, DGM - Accounts and Finance, Ms. Ekta Soni, AVP - Investor Relations and Mr.
Deepak Sharma, Company Secretary and Compliance Officer.
Before we proceed this call, I would like to draw your attention to the fact that today's discussion
may contain forward-looking statements that are subject to various risks, uncertainties and other
factors, which will be beyond management's control.
We kindly request to bear in mind that there might be uncertainties while interpreting such
statements. Please note that this conference is being recorded. We would now like to start the
session with opening remarks from the management team. Afterwards, we will open the floor
for an interactive Q&A session.
I would now hand over the conference call to Ashishji for his opening remarks. Thank you, and
over to you, sir.
Ashish Saraf: Thank you, Hiralji. Good afternoon, everyone, and thank you for joining Manorama Industries
Limited Quarter 1 Financial Year 2027 Earnings Conference Call. We appreciate the continued
trust and encouragement of our investors, analysts, stakeholders.
As we continue to strengthen our market position and expand our global presence, we remain
focused on executing our long-term strategy, driving innovation and delivering consistent,
sustainable value creation for all our stakeholders.
We have entered financial year '27 with strong conviction and momentum delivering a 39.5%
year-on-year revenue growth in quarter 1 financial year 27 and crossing the INR4,000 million
quarterly revenue and EBITDA milestone for the first time.
Our profitability grew by 67.6% year-on-year, reflecting sustained demand across the end use
industries, deeper customer relationships and the increasing contribution of our value-added
specialty fats and butters portfolio. These results underscores the strength of our integrated
business model, robust sourcing network and our ability to capitalize on the expanding
opportunities in the global specialty fats market.
Page 2 of 17
Manorama Industries Limited
August 14, 2026
During the quarter, we achieved several strategic milestones that further strengthen our long-
term growth platform. We expanded our sourcing footprint in West Africa through the
incorporation of Manorama Savannah Agro Chad Sarl in Chad, our wholly owned subsidiary in
Chad.
In addition, we acquired approximately 10 hectares, 24 acres of land in Burkina Faso for a shea
nut and mango nut processing facility with regulatory approvals currently in the progress. These
initiatives enhance sourcing security, traceability, supply chain resilience and proximity to key
customers, while reinforcing our leadership across the shea value chain. Innovation remains at
the core of our growth strategy.
Our MILCOA Research and Development Center recognized by the Department of Scientific
and Industrial Research, DSIR, Government of India, continues to drive product innovation and
strengthen our competitive advantage. Beyond product development, our R&D capabilities are
playing a pivotal role in shaping our integration strategy as we advance both backward and
forward integration initiatives.
The upcoming seed processing and extraction facilities in Raipur and Burkina Faso together with
our exploration of downstream value-added opportunities are expected to enhance value capture,
improve margins and drive sustainable growth across the value chain.
The successful completion of our qualified institutional placement, QIP, marks another
important milestone, strengthening our balance sheet and providing the financial flexibility to
accelerate growth across manufacturing, sourcing and high value-added segments. These
investments align with our vision of building a globally integrated specialty ingredients platform
with a scalable and resilient supply chain.
Looking ahead, we remain highly confident in the long-term prospects of our business. With an
expanding portfolio of specialty ingredients, growing customer partnerships and increasing
presence in cocoa butter alternatives and continued investments across sourcing, processing,
innovation and manufacturing, we are well-positioned to deliver profitable growth and
strengthen our global market presence.
Business is busi
[Showing first 8,000 characters — download PDF for full document]