MANORAMA

Solvent Extraction

₹1984.9

0.00 (0.00%)

Market Cap	2,252 Cr		EPS	29.0		High	1984.9
Stock P/E	65.2		Net Profit Margin	7.2		Low	1879.85

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Performance

Today’s Low

Today’s High

1879.85

1984.9

52W Low

52W High

895.45

1999

Open Price	1901.55	Volume	2
Prev. Close	1890.4

Fundamentals

Market Cap	2,252 Cr	ROE	10.5%
P/E Ratio(TTM)	65.2	EPS(TTM)	0.0
P/B Ratio	7.3	Dividend Yield	0.1%
Industry P/E	36.7	Book Value	259.8
		Face Value	10.0

About the Company

The Company was originally incorporated as ‘Manorama Industries Private Limited’ at Raipur, Chhattisgarh, as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 9, 2005 issued by Registrar of Companies, Madhya Pradesh & Chhattisgarh. Subsequently the Company was converted in to Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on February 06, 2018 and the name of the Company was changed to ‘Manorama Industries Limited’ and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited dated March 23, 2018 was issued by Registrar of Companies, Maharashtra.

Business area of the Company

The Company is one of the leading manufacturers of Sal/Mango based specialty fat, which is used to manufacture Cocoa Butter Equivalent (‘CBE’), which in turn is used as an important ingredient in Chocolate, Cosmetic & Healthcare Industries. The Company is engaged in manufacturing, processing and exporting of exotic and specialty fats like sal butter, sal fat, sal oil, sal stearine, CBE (Cocoa Butter Equivalents), mango butter, mango fat, mango oil, mango stearine, kokum butter, kokum oil, mowrah fat, and several value-added tailors made products that form the ingredients of Cocoa Butter Equivalents (CBE).

Key Events and Milestones

2005: Incorporation of the Company.
2013: Shifting of Registered Office from the Jurisdiction of Chhattisgarh to Maharashtra.
2015: Received Award for ‘Highest Processors and Highest Excellence in Exports of Vegetable Oils from India for 2015’.
2015: Took Participation in International Exhibition-Cite Japan 2005 in Japan.
2016: Received Award for ‘Highest Exporter of Mango Kernel Oil (Fat)’ from the Solvent Extractors Association of India.
2016: Received Award for ‘Highest Processor of Salseed’ from the Solvent Extractors Association of India.
2016: Received Award for ‘Highest Exporter of Sal Oil’ from the Solvent Extractors Association of India.
2016: Received Award for ‘Highest Exporter of Mango Kernel’ from the Solvent Extractors Association of India.
2016: Received Award towards Sustainability Organized by Globoil.
2016: Quality Management System Certificate (ISO 9001:2008).
2016: Certificate issued by Indian Register Quality Systems (FSSC 22000).
2017: Received Star K Kosher Certification.
2017: Membership with Federation of Indian Export Organisation.
2017: Received Certificate of Conformance by Intertek.
2017: Approval Certificate issued by Indian Register Quality Systems (ISO 22000:2005).
2017: Certificate of Compliance issued by Onecert International Organic Standards (EU Equivalent).
2018: Conversion of Company to Public Limited.