Manorama Industries Limited

NSE:MANORAMA India Packaged Foods
Market Cap
$898.76 Million
₹77.84 Billion INR
Market Cap Rank
#13964 Global
#614 in India
Share Price
₹1303.60
Change (1 day)
+0.34%
52-Week Range
₹949.05 - ₹1687.00
All Time High
₹1687.00
Categories
Companies in India Packaged Foods
About

Manorama Industries Limited manufactures, processes, and supplies specialty fats and butters from tree-borne, and plant-based seeds worldwide. The company offers shea butter and fat, sal butter, sal fat, shea oil, sal oil, sal stearine, shea stearine, mango butter and fat, mango oil, mango stearine, kokum butter and oil, mowrah fat, and de-oiled cakes, as well as cocoa, mowrah, and phulwara butte… Read more

Manorama Industries Limited (MANORAMA) - Net Assets

Latest net assets as of September 2025: ₹5.63 Billion INR

Based on the latest financial reports, Manorama Industries Limited (MANORAMA) has net assets worth ₹5.63 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹10.24 Billion) and total liabilities (₹4.61 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹5.63 Billion
% of Total Assets 54.96%
Annual Growth Rate 43.51%
5-Year Change 217.65%
10-Year Change 3438.25%
Growth Volatility 86.67

Manorama Industries Limited - Net Assets Trend (2014–2025)

This chart illustrates how Manorama Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Manorama Industries Limited (2014–2025)

The table below shows the annual net assets of Manorama Industries Limited from 2014 to 2025.

Year Net Assets Change
2025-03-31 ₹4.60 Billion +36.41%
2024-03-31 ₹3.37 Billion +12.97%
2023-03-31 ₹2.98 Billion +11.20%
2022-03-31 ₹2.68 Billion +85.35%
2021-03-31 ₹1.45 Billion +13.73%
2020-03-31 ₹1.27 Billion +22.45%
2019-03-31 ₹1.04 Billion +320.34%
2018-03-31 ₹247.24 Million +72.07%
2017-03-31 ₹143.68 Million +10.58%
2016-03-31 ₹129.93 Million +34.78%
2015-03-31 ₹96.40 Million +11.50%
2014-03-31 ₹86.46 Million --

Equity Component Analysis

This analysis shows how different components contribute to Manorama Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 5560.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹2.76 Billion 59.95%
Common Stock ₹119.20 Million 2.59%
Other Comprehensive Income ₹4.48 Billion 97.41%
Total Equity ₹4.60 Billion 100.00%

Manorama Industries Limited Competitors by Market Cap

The table below lists competitors of Manorama Industries Limited ranked by their market capitalization.

Company Market Cap
Circassia Group Plc
OTCGREY:CSSPF
 		$243.88 Million
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS
 		$243.88 Million
NHN KCP Corp
KQ:060250
 		$243.94 Million
Zhejiang Runyang New Material Technology Co. Ltd.
SHE:300920
 		$243.96 Million
Runben Biotechnology Co Ltd Ordinary Shares - Class A
SHG:603193
 		$243.86 Million
338840
KQ:338840
 		$243.70 Million
Tristel PLC
PINK:TSNLF
 		$243.69 Million
ADVA Optical Networking SE
PINK:ADVOF
 		$243.68 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Manorama Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,370,079,000 to 4,597,219,000, a change of 1,227,140,000 (36.4%).
  • Net income of 1,097,896,000 contributed positively to equity growth.
  • Dividend payments of 23,840,000 reduced retained earnings.
  • Other comprehensive income increased equity by 4,465,768,000.
  • Other factors decreased equity by 4,312,684,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹1.10 Billion +23.88%
Dividends Paid ₹23.84 Million -0.52%
Other Comprehensive Income ₹4.47 Billion +97.14%
Other Changes ₹-4.31 Billion -93.81%
Total Change ₹- 36.41%

Book Value vs Market Value Analysis

This analysis compares Manorama Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 16.97x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 898.57x to 16.97x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-03-31 ₹1.45 ₹1303.60 x
2015-03-31 ₹1.62 ₹1303.60 x
2016-03-31 ₹2.18 ₹1303.60 x
2017-03-31 ₹2.41 ₹1303.60 x
2018-03-31 ₹4.15 ₹1303.60 x
2019-03-31 ₹17.44 ₹1303.60 x
2020-03-31 ₹21.35 ₹1303.60 x
2021-03-31 ₹24.43 ₹1303.60 x
2022-03-31 ₹45.01 ₹1303.60 x
2023-03-31 ₹50.04 ₹1303.60 x
2024-03-31 ₹56.49 ₹1303.60 x
2025-03-31 ₹76.84 ₹1303.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Manorama Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 23.88%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.24%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 2.14x
  • Recent ROE (23.88%) is above the historical average (15.11%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 10.37% 0.86% 4.90x 2.45x ₹315.70K
2015 9.77% 0.73% 7.73x 1.72x ₹-224.20K
2016 8.33% 0.83% 6.47x 1.56x ₹-2.17 Million
2017 9.57% 0.95% 6.42x 1.57x ₹-616.10K
2018 41.89% 4.72% 4.69x 1.89x ₹78.83 Million
2019 18.34% 18.73% 0.77x 1.27x ₹86.68 Million
2020 18.34% 12.63% 0.67x 2.18x ₹106.09 Million
2021 10.02% 7.33% 0.78x 1.74x ₹243.85K
2022 9.00% 8.69% 0.70x 1.48x ₹-26.81 Million
2023 9.98% 8.49% 0.83x 1.42x ₹-548.30K
2024 11.90% 8.80% 0.62x 2.19x ₹64.08 Million
2025 23.88% 14.24% 0.78x 2.14x ₹638.17 Million

Industry Comparison

This section compares Manorama Industries Limited's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $6,755,085,500
  • Average return on equity (ROE) among peers: 15.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Manorama Industries Limited (MANORAMA) ₹5.63 Billion 10.37% 0.82x $243.87 Million
ADF Foods Limited (ADFFOODS) $2.04 Billion 20.92% 0.33x $75.83 Million
Ajooni Biotech Limited (AJOONI) $427.08 Million 5.06% 0.11x $5.94 Million
Agro Tech Foods Limited (ATFL) $3.40 Billion 9.29% 0.28x $72.67 Million
Avanti Feeds Limited (AVANTIFEED) $1.25 Billion 24.02% 0.98x $519.72 Million
Adani Wilmar Limited (AWL) $25.71 Billion 17.93% 3.58x $896.44 Million
Bombay Burmah Trading Corporation Limited (BBTC) $5.73 Billion 8.51% 0.53x $267.63 Million
Mrs. Bectors Food Specialities Limited (BECTORFOOD) $2.95 Billion 11.25% 0.96x $310.10 Million
Bikaji Foods International Limited (BIKAJI) $14.81 Billion 13.57% 0.31x $464.99 Million
Britannia Industries Limited (BRITANNIA) $7.02 Billion 25.13% 0.96x $7.95 Billion
CCL Products (India) Limited (CCL) $4.22 Billion 22.29% 0.81x $835.14 Million