Manorama Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 11, 2026, recommended Final Dividend of Rs. 0.80 per equity share.
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Manorama Industries reported strong FY 2025-26 results with standalone revenue of Rs. 13,577 crore, more than doubling from Rs. 7,708 crore in the previous year. Net profit grew to Rs. 2,333 crore from Rs. 1,121 crore year-on-year. The Board recommended a final dividend of Rs. 0.80 per equity share (40% of face value Rs. 2), subject to shareholder approval at the AGM. Additionally, the company approved financial support up to Rs. 350 crore for its wholly-owned subsidiary Taang Kaam Industries SA to set up a processing factory in Burkina Faso, including equity investment (Rs. 150 crore), unsecured loans (Rs. 100 crore), and guarantees (Rs. 100 crore). The auditors issued an unmodified opinion on the financial statements.
The doubling of revenue and near-doubling of net profit reflects strong operational performance. The modest 40% dividend payout signals retention of earnings for the Burkina Faso expansion. The Rs. 350 crore investment commitment in the subsidiary represents a significant capital outflow that could impact near-term cash flows.