Audited Financial Results for the Quarter and Year ended 31st March,2023
MANOMAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manomay Tex India Limited reported FY 2025-26 results with revenue from operations of Rs. 71,070.33 Lakhs, up marginally by ~2% from Rs. 69,691.73 Lakhs in the previous year. Profit after tax stood at Rs. 1,964.15 Lakhs, also up ~2% from Rs. 1,925.27 Lakhs. EBITDA margin compressed from ~12.25% to ~11.86% due to higher finance costs and material expenses. The company also announced acquisition of 26% stake in LOV SMART RJ-1 Private Limited for Rs. 3.12 Crores to set up captive renewable energy capacity of up to 13.65 MW. The auditor issued an unmodified (clean) opinion with no qualifications. Total debt stands at Rs. 34,780 Lakhs against equity of Rs. 17,096 Lakhs, giving a debt-to-equity ratio of approximately 2.03:1. Operating cashflow remained positive at Rs. 2,594 Lakhs.
Steady but modest growth with a clean audit report is reassuring, but investors should monitor the high debt levels and margin compression. The renewable energy acquisition may improve long-term cost efficiency.