Outcome of Board Meeting dated May 11, 2026
MANORAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manorama Industries reported strong annual results for FY2025-26 with standalone revenue of Rs 1,357.69 crore, up 76% from Rs 770.84 crore in FY2024-25. Standalone PAT jumped to Rs 233.22 crore from Rs 112.05 crore, doubling year-on-year. The Board approved an unmodified (clean) audit opinion from Singhi & Co. and recommended a final dividend of Rs 0.80 per share (40% of face value). The Board also approved financial support up to Rs 350 crore for its wholly-owned subsidiary Taang Kaam Industries SA in Burkina Faso, including equity investment (Rs 150 crore), unsecured loans (Rs 100 crore), and guarantees (Rs 100 crore) to set up a processing factory. Internal and cost auditors were reappointed for FY2026-27.
Strong operational performance with near-doubling of profits is positive for shareholders. The significant investment in the Burkina Faso subsidiary carries execution risk but signals international expansion intent. The clean audit opinion removes any governance concerns.