This is to inform that the Board of Directors at their meeting held on 14th November, 2025 has inter-alia considered and approved the unaudited Financial Results (Standalone & Consolidated) ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manoj Ceramic's board, at its meeting on November 14, 2025, approved unaudited standalone and consolidated financial results for the half year ended September 30, 2025. Revenue from operations grew roughly 23% year-on-year to about Rs.81.49 crore (vs Rs.66.10 crore in H1 FY25), but the company swung into a pre-tax loss of around Rs.11.60 crore versus a pre-tax profit of Rs.4.08 crore in H1 FY25, hit by higher purchase costs and other expenses that pushed total expenses to Rs.93.22 crore. The board also approved allotment of 13,00,000 equity shares to five promoter-group family members (Rakhasiya family) upon conversion of warrants at Rs.161 per share (premium Rs.151), raising about Rs.20.93 crore and lifting paid-up capital to Rs.13.71 crore (1.37 crore shares). Promoter Dhruv Manoj Rakhasiya's stake rose from 4.66% to 7.87% post-allotment. Statutory auditor Chhogmal & Co. gave an unmodified limited review report on both standalone and consolidated results, and also certified utilization of preferential issue funds (Rs.25.02 crore deployed for working capital/business expansion and Rs.8.49 crore for general corporate purposes, in line with the offer document).
Mixed picture for shareholders — strong double-digit revenue growth is offset by a swing into losses and compressed margins, so the near-term earnings mood is weak. However, the fully promoter-funded capital infusion of nearly Rs.21 crore signals family confidence and strengthens the balance sheet for working capital and expansion, which is a positive for medium-term growth.