BSEManoj Ceramic LtdMinimalNeutral
Announced Wed, 27 May · 18:05 IST

Please find enclosed herewith Press Release pertaining to Financial Results for the Half Year and Financial Year ended 31st March, 2026

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Price reaction · full curve 14 horizons · vs prior close
-6.7%1-day move
₹75.00
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AI summary

Manoj Ceramic Ltd reported strong FY26 results with total revenue growing 23.43% year-on-year to ₹202.99 Cr, crossing the ₹200 Cr milestone. Profit after tax rose 10.08% to ₹12.01 Cr, while EBITDA increased 8.90% to ₹24.88 Cr. H2 FY26 showed revenue of ₹120.82 Cr, up 23.27% from H2 FY25, though EBITDA marginally declined by 0.45% due to investment costs. The company accelerated its digital transformation with AI-powered tools, expanded its premium product portfolio (Quartz, Exotic Stones, Wooden Planks), opened a Dubai Display Centre for export growth, and operationalized an Upper Thane cutting and polishing facility. Working capital cycle improved by ~23% YoY, reducing from 231 days to 178 days, reflecting better cash conversion efficiency.

Likely market impact

The company delivered robust revenue growth while maintaining profitability, with management guiding for 25-30% CAGR over the next 3 years, supported by premiumization, digital initiatives, and export expansion — indicating positive momentum for shareholders.