Manomay Tex India Limited (MANOMAY)
₹249.39 +2.38% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Manomay Tex's revenue was ₹198 Cr (+20.5% year on year, -3.2% on the previous quarter), and net profit ₹5.0 Cr (+11.3% year on year); the operating margin was 10.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹198 | +20.5% | -3.2% |
| Operating profit | ₹19.8 | -2.7% | -9.8% |
| Net profit | ₹5.0 | +11.3% | -1.0% |
| EPS (₹) | 2.74 | +11.4% | -1.1% |
| Operating margin | 10.0% | — | — |
MANOMAY delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 16.33% of the MANOMAY shares traded on NSE were taken to delivery, against the stock's own 20-session average of 18.34%. That is close to its usual level. It traded 2.1 times its average daily volume. 2 bulk or block deals were reported in MANOMAY in the last 60 days: ₹2 Cr bought and ₹2 Cr sold.
Delivery in the last 5 sessions: 13.9% · 17.0% · 15.4% · 17.2% · 16.3%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 29 Sep | Sell | Pawan Kumar Mittal | ₹2.18 Cr | ₹234.06 | 92,972 | Bulk |
| 29 Sep | Buy | Pawan Kumar Mittal | ₹1.98 Cr | ₹234.15 | 84,644 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Manomay Tex India Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended September 30, 2026. The report confirms that the company's total issued and listed share capital stands unchanged at 1,80,48,735 equity shares of face value Rs 10 each. Notably, 100% of the shares are held in dematerialized form, with 90.5% in CDSL and 9.5% in NSDL. No share capital changes or pending demat delays were reported during the quarter.
- Total issued and listed capital stands at 18,048,735 shares across BSE and NSE
- 100% of shares are dematerialized (0 physical shares)
- 90.5% (16,331,728 shares) held in CDSL and 9.5% (1,717,007 shares) in NSDL
- Zero demat requests pending for more than 21 days
Manomay Tex India Limited concluded its 17th Annual General Meeting on September 29, 2026, where shareholders approved all proposed resolutions with requisite majorities. Approved items included the adoption of FY26 financial statements, reappointment of directors, cost auditor remuneration, and material related party transactions. A total of 11,15,092 votes were polled on standard items across remote e-voting and physical ballots, representing 6.18% of total outstanding shares (1,80,48,735 shares). Voting on all resolutions saw 100% approval among votes cast with zero negative votes.
- All resolutions passed with 100% votes cast in favor and zero votes against
- Total voting participation stood at 11,15,092 shares, or 6.18% of total 1,80,48,735 outstanding shares
- Approved material related party transactions along with appointments of independent directors and whole-time directors
- AGM conducted on September 29, 2026, with remote e-voting held between September 26 and September 28, 2026
Manomay Tex India Limited has released the notice convening its 17th Annual General Meeting (AGM) on September 29, 2026, in Bhilwara, Rajasthan. Key agenda items include the adoption of FY26 audited financial statements, the re-appointment of Whole-Time Director Maheshchandra Kailashchandra Laddha for a 3-year term from August 2027 to August 2030, and the appointment of three Independent Directors for 5-year tenures. Additionally, shareholders will vote on the ratification of cost auditor remuneration of Rs 15,000 plus GST and the approval of material related-party transactions.
- 17th Annual General Meeting scheduled for September 29, 2026, at 01:00 PM IST in Bhilwara, Rajasthan.
- Proposed re-appointment of Executive Director Maheshchandra Kailashchandra Laddha for a term from August 9, 2027, to August 8, 2030.
- Appointment of three Independent Directors (Manishkumar Balkrishna Porwal, Satya Narayan Maheshwari, and Mahendra Singh Rana) for 5-year terms effective September 2, 2026.
- Ratification of Rs 15,000 plus GST as remuneration for Cost Auditor M/s Avnesh Jain & Co. for FY27.
- Seeking shareholder approval for material related-party transactions.
Manomay Tex India Limited has issued the notice convening its 17th Annual General Meeting (AGM) on September 29, 2026. Key business items include adopting the audited financial statements for FY26 (FY26 Revenue was Rs 710.70 Cr, PAT Rs 19.65 Cr) and the re-appointment of Mr. Maheshchandra Kailashchandra Laddha as Whole Time Director for the period from August 9, 2027, to August 8, 2030. Additionally, the AGM will vote on the appointment of three Independent Directors and the ratification of cost auditor remuneration of Rs 15,000 plus taxes.
- 17th AGM scheduled for Tuesday, September 29, 2026, at 01:00 PM IST in Bhilwara, Rajasthan
- Special resolution proposed to re-appoint Whole Time Director Maheshchandra Kailashchandra Laddha for a 3-year term (09.08.2027 to 08.08.2030)
- Proposed appointment of three Independent Directors: Manishkumar Balkrishna Porwal, Satya Narayan Maheshwari, and Mahendra Singh Rana for 5-year terms
- Ratification of cost auditor M/s Avnesh Jain & Co. remuneration of Rs 15,000 plus GST for FY27
Manomay Tex India Limited has scheduled its 17th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 01:00 PM IST in Bhilwara, Rajasthan. The company has fixed September 22, 2026, as the record date/cut-off date to determine shareholder voting eligibility for the AGM. The share transfer books and register of members will remain closed from September 23, 2026, to September 29, 2026 (both days inclusive). This is a standard regulatory intimation with no operational or financial impact.
- 17th Annual General Meeting scheduled for September 29, 2026, at 01:00 PM IST
- Record/cut-off date fixed as September 22, 2026, for determining voting and e-voting eligibility
- Share transfer books and Register of Members closed from September 23, 2026, to September 29, 2026 (both days inclusive)
Manomay Tex India Limited has issued the notice convening its 17th Annual General Meeting (AGM) on Tuesday, September 29, 2026, at Bhilwara, Rajasthan. Key agenda items include the adoption of FY26 audited financial statements and the re-appointment of Mrs. Pallavi Laddha as a Director liable to retire by rotation. Special business includes the re-appointment and remuneration approval of Mr. Maheshchandra Kailashchandra Laddha as Whole Time Director (tenure August 9, 2027, to August 8, 2030) and the regularisation of Independent Directors, including Mr. Manishkumar Balkrishna Porwal and Mr. Mahendra Singh Rana.
- 17th Annual General Meeting scheduled for September 29, 2026, at 01:00 PM IST in Bhilwara, Rajasthan
- Proposed re-appointment of Mr. Maheshchandra Kailashchandra Laddha as Whole Time Director for a 3-year term from August 9, 2027, to August 8, 2030
- Ratification of remuneration of Rs. 15,000 plus GST and out-of-pocket expenses for Cost Auditor M/s Avnesh Jain & Co.
- Appointment of Mr. Manishkumar Balkrishna Porwal and Mr. Mahendra Singh Rana as Independent Directors for 5-year terms
Manomay Tex India Limited has approved a major capacity expansion across its Denim (Fabric) and Spinning (Yarn) divisions. The company has ordered advanced machinery for a Ready for Dyeing (RFD) line, which will add 10 million metres per year of fabric manufacturing capacity. In the spinning segment, it will install new spindles to enhance coarse-count yarn production by 1,080 MT per year. Additionally, the board approved the re-appointment of a Whole-time Director and appointed three Independent Directors effective September 2, 2026.
- Denim division expansion to add 10 million metres per year in fabric manufacturing capacity
- Spinning division to expand coarse-count yarn capacity by approximately 1,080 MT per year
- Appointed 3 new Independent Directors for 5-year terms starting September 2, 2026
- 17th Annual General Meeting scheduled for September 29, 2026 with book closure from September 23 to 29, 2026
Manomay Tex India announced a major capacity expansion across its denim fabric and spinning divisions alongside board reconstitutions at its board meeting on August 31, 2026. The company has ordered advanced machinery for a Ready for Dyeing (RFD) line, adding 10 million metres per year of fabric manufacturing capacity. In the spinning division, new spindles will add approximately 1,080 MT per year of coarse-count yarn capacity. Additionally, the company appointed three new independent directors and scheduled its 17th Annual General Meeting for September 29, 2026.
- Fabric manufacturing capacity to expand by 10 million metres per year via new RFD line machinery
- Yarn production capacity to increase by approximately 1,080 MT per year with new spindle installations
- Board approved re-appointment of Whole-time Director and inducted 3 Independent Directors from September 2, 2026
- 17th Annual General Meeting scheduled for September 29, 2026, with book closure from September 23 to 29, 2026
Manomay Tex India reported a 20.5% YoY increase in revenue to ₹197.51 Cr for the quarter ended June 30, 2026. Net profit grew by 11.2% YoY to ₹4.95 Cr, aided by a notable reduction in finance costs which fell to ₹6.20 Cr from ₹7.55 Cr in the year-ago period. On a sequential basis, revenue saw a slight decline of 3.2% compared to the March 2026 quarter, while PAT remained relatively stable. The company continues to navigate high leverage with a Debt/Equity ratio of 2.04.
- Revenue from operations grew 20.5% YoY to ₹197.51 Cr from ₹163.94 Cr.
- Net profit increased 11.2% YoY to ₹4.95 Cr compared to ₹4.45 Cr in Q1 FY26.
- Finance costs decreased by 17.8% YoY to ₹6.20 Cr, improving interest coverage.
- Cost of materials consumed stood at ₹132.01 Cr, accounting for 66.8% of revenue.
- Earnings Per Share (EPS) improved to ₹2.74 from ₹2.46 in the corresponding previous quarter.
Manomay Tex India reported a 20.5% YoY increase in revenue from operations to ₹197.51 Cr for the quarter ended June 30, 2026. Net profit grew 11.2% YoY to ₹4.95 Cr, although it remained largely flat on a sequential basis compared to ₹5.00 Cr in Q4 FY26. A notable positive was the reduction in finance costs, which fell 17.9% YoY to ₹6.20 Cr. Despite the growth, the company continues to operate with high financial leverage, with a Debt-to-Equity ratio of 2.04.
- Revenue from operations increased 20.5% YoY to ₹197.51 Cr from ₹163.94 Cr.
- Net profit for the quarter stood at ₹4.95 Cr, up from ₹4.45 Cr in the same period last year.
- Finance costs decreased significantly to ₹6.20 Cr from ₹7.55 Cr in Q1 FY26.
- Cost of materials consumed rose 35.4% YoY to ₹132.01 Cr, reflecting higher production volume or input costs.
- Earnings Per Share (EPS) improved to ₹2.74 from ₹2.46 in the year-ago quarter.
Manomay Tex India Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2026. This filing is a mandatory procedural requirement under Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018. The report, certified by R K Jain & Associates, ensures that the company's total issued capital matches the shares held in NSDL, CDSL, and physical form. As a routine administrative update, it contains no new financial performance data or operational changes.
- Submission of Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2026
- Compliance with Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018
- Report dated July 11, 2026, signed by Practicing Company Secretary R.K. Jain
- Confirms reconciliation of shares across NSDL, CDSL, and physical formats
Manomay Tex India Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Transfer Agent (RTA), Bigshare Services Private Limited, confirmed that no rematerialization requests were received during the quarter ended June 30, 2026. Notably, the RTA stated that the entire shareholding of the company is already held in dematerialized form, making the specific regulation regarding demat/remat processing largely inapplicable for this period.
- Confirmation certificate received for the quarter ended June 30, 2026
- 100% of the company's shares are currently held in dematerialized form
- Zero requests for rematerialization were received during the three-month period
Manomay Tex India Limited has filed its compliance certificate for the Structured Digital Database (SDD) for the quarter ended June 2026. The Managing Director certified that the company captured 1 required event involving Unpublished Price Sensitive Information (UPSI) during the period. The database is maintained internally, is non-tamperable, and maintains an audit trail for 8 years. This filing is a routine procedural requirement under SEBI (Prohibition of Insider Trading) Regulations.
- 1 event involving UPSI was captured in the Structured Digital Database during the quarter.
- The database is designed to maintain records and an audit trail for a period of 8 years.
- Zero non-compliances were observed or reported for the previous quarter.
- The system captures the nature of UPSI along with the specific date and time of dissemination.
Manomay Tex India Limited has informed the exchanges that its trading window will be closed starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is mandatory ahead of the declaration of financial results for the quarter ending June 30, 2026. The window will remain closed for all designated persons, including directors and KMPs, until 48 hours after the results are publicly announced. The specific date for the board meeting to approve the quarterly results will be shared in a separate future filing.
- Trading window closure effective from Wednesday, July 1, 2026.
- Closure pertains to the review and approval of financial results for the quarter ending June 30, 2026.
- Restriction applies to Directors, KMPs, Connected Persons, and Designated Employees.
- Trading window will reopen 48 hours after the announcement of the financial results.
Manomay Tex India Limited reported a steady financial performance for FY26, with annual revenue reaching ₹710.70 crore and net profit growing to ₹19.64 crore. The company's Q4 FY26 net profit showed a strong year-on-year growth of 50%, rising to ₹5.00 crore. In a strategic move to reduce energy costs, the board approved the acquisition of a 26% stake in LOV SMART RJ-1 Private Limited for ₹3.12 crore. This investment will provide 13.65 MW of captive solar power for the company's manufacturing units in Rajasthan, enhancing long-term sustainability and cost efficiency.
- Annual Revenue from Operations increased to ₹710.70 crore in FY26 compared to ₹696.92 crore in FY25.
- Net Profit for the full year FY26 stood at ₹19.64 crore, with Q4 PAT jumping 50% YoY to ₹5.00 crore.
- Approved acquisition of 26% equity in LOV SMART RJ-1 Private Limited for a total cost of ₹3.12 crore.
- The acquisition secures 13.65 MW (DC) of captive renewable energy for denim and spinning units in Rajasthan.
- Earnings Per Share (EPS) for FY26 improved to ₹10.88 from ₹10.67 in the previous fiscal year.
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment, Textiles, which generated revenue of INR 17,649.78 Lakhs in Q2 FY25, representing a significant growth of 32.30% YoY compared to INR 13,340.92 Lakhs in Q2 FY24. This growth indicates strong demand for the company's textile products and improved market penetration.
Geographic Revenue Split
Not disclosed in available documents. The company is headquartered in Bhilwara, Rajasthan, which is a major textile hub, suggesting a strong domestic presence.
Profitability Margins
Gross Profit Margin improved significantly to 43.92% in Q2 FY25 from 34.31% in Q2 FY24 (up 961 bps). Net Profit Margin stood at 2.71% in Q2 FY25, up 69 bps from 2.02% YoY. While gross margins are healthy, the thin net margin is primarily due to high finance costs and depreciation.
EBITDA Margin
EBITDA Margin was 13.31% in Q2 FY25, a substantial improvement of 554 bps from 7.77% in Q2 FY24. Absolute EBITDA grew by 127.08% YoY to INR 2,354.83 Lakhs, reflecting strong core operational efficiency and better absorption of fixed costs.
Capital Expenditure
Not explicitly disclosed as a planned figure; however, the company recorded depreciation and amortization of INR 775.41 Lakhs in Q2 FY25, up from INR 301.72 Lakhs YoY, suggesting recent commissioning of new assets or capacity.
Credit Rating & Borrowing
Not disclosed in available documents. However, the company faced a high finance cost of INR 937.63 Lakhs in Q2 FY25, which increased significantly from INR 397.12 Lakhs in Q2 FY24, indicating higher debt levels or increased borrowing rates.
Operational Drivers
Raw Materials
Textile raw materials (specific fibers not named) accounted for INR 10,022.73 Lakhs in Q2 FY25, representing 56.78% of total revenue from operations.
Key Suppliers
A significant portion of procurement is handled through related parties, specifically Everstrong Marketing Private Limited, with purchases totaling INR 4,232.02 Lakhs (approximately 42% of total material costs).
Raw Material Costs
Cost of materials consumed was INR 10,022.73 Lakhs in Q2 FY25. While absolute material costs rose, the company achieved a higher Gross Profit Margin (43.92%), suggesting effective procurement strategies or the ability to pass on cost increases to customers.
Strategic Growth
Expected Growth Rate
22.00%
Growth Strategy
The company aims to leverage its 22% compounded 3-year sales growth by focusing on its core textile segment. Strategy includes maintaining high gross margins (currently 43.92%) and managing its large-scale operations in Bhilwara. The company utilizes related-party loans (e.g., INR 577.52 Lakhs from Prachi Creation) to fund working capital and operational needs.
Products & Services
Textile products (fabrics/garments as per industry segment).
Strategic Alliances
The company has no subsidiaries, associates, or joint ventures as of September 30, 2025.
External Factors
Industry Trends
The textile industry is evolving with a focus on environmental and safety standards. Manomay is positioning itself by adhering to these standards to ensure a safe working environment and long-term sustainability.
Competitive Landscape
The company operates in a competitive textile market with a current market capitalization of approximately INR 407 Cr and a PE ratio of 41.46.
Competitive Moat
The company's moat is built on its established presence in the Bhilwara textile cluster and its integrated relationship with promoter-group entities for supply and distribution, though high leverage remains a challenge.
Macro Economic Sensitivity
The textile industry is sensitive to consumer discretionary spending and inflation. A 32.3% revenue growth suggests the company is currently benefiting from a positive demand cycle.
Regulatory & Governance
Industry Regulations
Operations are subject to Indian Accounting Standards (Ind AS 34) and SEBI Listing Obligations (Regulation 33).
Environmental Compliance
The company emphasizes adhering to environmental and safety standards, though specific ESG spend in INR is not disclosed.
Taxation Policy Impact
Current tax expense for Q2 FY25 was INR 168.43 Lakhs, with a deferred tax credit of INR 5.66 Lakhs.
Risk Analysis
Key Uncertainties
High financial leverage (Debt/Equity 2.16) and high finance costs (INR 937.63 Lakhs per quarter) pose a significant risk to net profitability. Any downturn in the textile cycle could make debt servicing difficult.
Geographic Concentration Risk
Operations are concentrated in Bhilwara, Rajasthan, making the company susceptible to regional industrial policies or labor issues.
Third Party Dependencies
Significant dependency on related parties for both procurement (Everstrong Marketing: INR 4,232.02 Lakhs) and financing (multiple promoter-group loans).
Credit & Counterparty Risk
Trade receivables increased by INR 2,820.62 Lakhs in H1 FY25, indicating a potential risk in credit recovery or extended credit cycles for customers.
