Company Overview
Manomay Tex India Limited (BSE: 540396, NSE: MANOMAY) reported its FY26 financial performance and operational updates through regulatory filings submitted to BSE and NSE as per SEBI LODR Regulation 34(1).
Financial Performance
For FY 2025-26, the company reported revenue from operations of ₹71,070.33 lakhs (1.98% increase from FY25's ₹69,691.73 lakhs) and net profit of ₹1,964.12 lakhs (2.02% YoY growth). Basic earnings per share stood at ₹10.88 compared to ₹10.67 in FY25. Total comprehensive income was ₹1,950.58 lakhs for FY26.
The company maintained a debt-equity ratio of 2.03 with total borrowings of ₹34,779.96 lakhs, secured by pari-passu charges on multiple industrial lands in Chittorgarh, Rajasthan, and fixed deposits totaling ₹5.82 crores. Key financial ratios included current ratio of 1.37, DSCR of 3.15, ROE of 12.31%, and net profit margin stable at 2.76%.
Operational Highlights
Manufacturing capacity includes denim production of 48 million meters per annum and spinning capacity of 17,640 tons per annum across facilities in Gangrar, Chittorgarh. The company exports to 18+ countries including Colombia, Mexico, Egypt, and Chile, while maintaining domestic presence in major Indian cities.
Strategic initiatives included the soft launch of "Manomay - India's First Denim CoreWear Brand" e-commerce platform and sustainability measures such as Zero Liquid Discharge technology, solar power generation, and tree plantation initiatives.
Corporate Governance & Compliance
The board composition includes 10 directors (5 executive, 5 independent) with recent appointments of three new independent directors. The company confirmed full compliance with SEBI LODR regulations, no material regulatory orders, and no pending investor complaints as of March 31, 2026.
CSR expenditure totaled ₹39.35 lakhs focused on safe drinking water, environmental sustainability, healthcare, and women empowerment. Related party transactions included purchases from Everstrong Marketing (₹8,014.60 lakhs) and yarn sales to Citifab Suiting (₹1,950.44 lakhs).
Forward Outlook
The 17th AGM is scheduled for September 29, 2026, with book closure from September 23-29, 2026. The board decided against dividend distribution to conserve resources for business growth. Forward-looking statements highlight risks including raw material price fluctuations, foreign exchange volatility, and competitive market conditions.
Auditors include M/s KARP & Co. (statutory), M/s Avinash Nolkha & Associates (secretarial), and M/s Kamlesh Sharda & Associates (internal), with all reports containing no adverse remarks.