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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to the Regulation 30 (6) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we would like to inform you that the officials of the Company will be meeting with Investors/Analysts (Participants) on June 08, 2023 in Mumbai. Discussions will be based on publicly available information as per Manorama Industries Limited's Code of Conduct for Prevention of Insider Trading. Further kindly note that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions. Kindly note that changes may happen due to exigencies on the part of Participants / Company. We request you to kindly take the same on record
07-06-2023
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Manorama Industries Ltd - 541974 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Annual Secretarial Compliance Report for the year ended March 31, 2023.
12-05-2023
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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulation 47(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the newspaper advertisement for the publication of Audited Financial Results of the Company for quarter and year ended March 31, 2023 in the following newspapers: 1. Financial Express - English 2. Loksatta - Marathi
11-05-2023
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Q4FY23 Quarterly & FY23 Annual Result Announced for Manorama Industries Ltd.

Food products company Manorama Industries announced Q4FY23 & FY23 results: Revenue for Q4FY23 stood at Rs 1,017.4 million registering a growth of 31% YoY vs Rs 776.4 million in Q4FY22 EBITDA growth of 43% YoY which stood at Rs 164.9 million as compared to Rs 115.4 million in Q4FY22 EBITDA margins too improved by —135 bps YoY and —26 bps sequentially which stood at 16.2% PAT for Q4FY23 grew by 46% YoY to Rs 100.0 million as compared to Rs 68.2 million in Q4FY22 PAT margins improved by —103 bps which stood at 9.8% Cash PAT for Q4FY23 grew by 49% YoY which stood at Rs 132.3 million For FY23, the company reported a positive cash flow from operations which stood at Rs 712.8 million The board has recommended a maiden final dividend of Rs 2 (20%) per equity share on the paid-up equity capital for FY23 subject to the approval of shareholders Commenting on the results and performance, Gautam Kumar Pal, Managing Director, said: “We are delighted to report another milestone of commissioning the new Refinery plant of 30,000 tonnes and 15,000 tonnes of Interesterification plant in May 2023. The said expansion marks a significant investment in the future of our company and the Industry. Post this expansion the total refinery capacity of the company will be 45,000 Tonnes per annum. The said expansion will not only improve our efficiency but also allow us to better serve our customers by increasing our output and shorter lead times. The Board has recommended its maiden final dividend of Rs 2 (20%) per equity share on the paid-up equity capital for the year 2022-23 subject to the approval of shareholders. The dividend recommended amounts to ~10% of the net profit of the Company in FY23. The Company’s revenue for the year grew by 26% year on year which stood at Rs 3,508.0 million while EBITDA grew by a substantial 45% which stood at Rs 564.5 million as compared to Rs 389.4 million in the same period last year. EBITDA Margins which stood at 16.1%, improved by ~214 bps year on year, reflecting our focus on operational efficiency and cost controls. With the commissioning of capex for the refinery plant, we are now focusing on the completion of the Fractionation plant which is expected to be completed by early Q2FY24 with a gradual ramp-up thereafter. The cost of this capex was originally envisaged to be Rs. 650 million. However, as of 31st March 2023, the company has incurred Rs 1,013 million towards this Capital Expansion. This cost increase was largely due to the addition of certain enhanced equipment and technologies along with the setting up of additional 5,000 tonnes of Refinery capacity, powerhouse, Boiler, and Factory Infrastructure in the plant. The macroeconomic challenges in the European region resulted in an increase in machine cost which was further accentuated by a rise in steel prices. Further, automation, designing, and integration of new capex with existing facilities also resulted in time overruns. Post-commissioning of expansion, our combined capacity is expected to deliver strong topline & bottom-line growth with improved throughput. Along with improved capabilities of manufacturing specialty and tailor-made products as per customer requirements. We are optimistic about the future of our company and our industry. We believe that our focus on innovation, customer service, and operational excellence will continue to drive growth and profitability in the years to come. We will continue to invest in our people, products, and technologies to ensure that we remain at the forefront of our industry.” Result PDF
10-05-2023
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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation for the quarter and year ended March 31, 2023.
09-05-2023
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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release for the quarter and year ended March 31, 2023.
09-05-2023
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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Change in Management

Re-appointment of M/s Mazar India LLP (FRN: AAP-4833) as Internal Auditor of the Company for the FY 2023-24.
09-05-2023
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Manorama Industries Ltd - 541974 - Disclosure Of Related Party Transaction

Disclosure of related party transaction for the half year ended March 31, 2023.
09-05-2023
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Manorama Industries Ltd - 541974 - Announcement under Regulation 30 (LODR)-Dividend Updates

Approval and recommendation to shareholders final dividend of Rs. 2 per equity shares of Rs. 10 each (20%) for the FY 2022-23
09-05-2023
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Manorama Industries Ltd - 541974 - Result March 31, 2023

Approval of Financial Results for the quarter and year ended March 31, 2023
09-05-2023
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