Revised outcome of Board Meeting
MANORAMA · price
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Manorama Industries held its Board Meeting on May 11, 2026, to approve the revised annual audited financial results for FY 2025-26. The company reported strong standalone revenue of Rs. 1,35,770 Lakhs, up 76% from Rs. 77,084 Lakhs in the previous year. Net profit grew 108% to Rs. 23,322 Lakhs from Rs. 11,205 Lakhs, with EPS of Rs. 39.06. The board recommended a final dividend of Rs. 0.80 per share (40% of face value). The company also 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 through equity investment, unsecured loans, and guarantees. Statutory auditors Singhi & Co. issued an unmodified (unqualified) opinion, and both internal and cost auditors were re-appointed for FY 2026-27.
Strong financial performance with near-doubling of revenue and PAT makes this a positive development for shareholders. The Rs. 350 Crore commitment to the Burkina Faso subsidiary represents significant capital deployment in international expansion.