MANUGRAPHBSEManugraph India Ltd-$HighNeutral
Announced Tue, 19 May · 17:06 IST

Outcome of Board Meeting alongwith Audited Financial Results for the year ended 31/03/2026

Pat Growth 25pctRevenue Growth 20pctEmphasis Of MatterExceptional ItemResults View source PDF

MANUGRAPH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Manugraph India Limited reported strong recovery with revenue from operations growing 49% to Rs 8,863.70 lakhs in FY26 from Rs 5,934.82 lakhs in FY25. The company swung from a loss of Rs 2,662 lakhs to a profit before tax of Rs 679.55 lakhs, and profit after tax stood at Rs 495.42 lakhs versus a loss of Rs 115.22 lakhs in the prior year. Exceptional items included employee compensation under a consent scheme (Rs 106.90 lakhs) and a gain on disposal of moveable assets at Kolhapur Unit II (Rs 218.75 lakhs). Trade receivables declined significantly to Rs 124.10 lakhs from Rs 599.78 lakhs, indicating improved collections. The auditors issued an unmodified opinion. Two acres of factory land at Unit 1 have been classified as non-current asset held for sale (Rs 644.09 lakhs).

Likely market impact

The company returned to profitability after two years of losses, driven by strong revenue growth and asset sale gains. However, the narrow net profit margin (~5.6%) and reliance on exceptional items merit monitoring. Shareholders should note the auditors' emphasis on exceptional items as a key disclosure.