Why is Manorama Industries Ltd ?
1
High Management Efficiency with a high ROCE of 19.17%
2
Healthy long term growth as Net Sales has grown by an annual rate of 46.29% and Operating profit at 66.54%
3
The company has declared Positive results for the last 7 consecutive quarters
- PAT(Latest six months) At Rs 124.73 cr has Grown at 76.90%
- NET SALES(Q) Highest at Rs 391.34 cr
- PBT LESS OI(Q) At Rs 80.67 cr has Grown at 23.7% (vs previous 4Q average)
4
With ROCE of 38.2, it has a Fair valuation with a 9.2 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -11.32%, its profits have risen by 108.1% ; the PEG ratio of the company is 0.3
5
Majority shareholders : Promoters
How much should you hold?
- Overall Portfolio exposure to Manorama Indust. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Manorama Indust. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Manorama Indust.
-11.03%
-0.26
42.89%
Sensex
-8.84%
-0.67
13.10%
Quality key factors
Factor
Value
Sales Growth (5y)
46.29%
EBIT Growth (5y)
66.54%
EBIT to Interest (avg)
5.42
Debt to EBITDA (avg)
12.07
Net Debt to Equity (avg)
0.57
Sales to Capital Employed (avg)
0.83
Tax Ratio
26.19%
Dividend Payout Ratio
5.94%
Pledged Shares
0
Institutional Holding
5.88%
ROCE (avg)
15.81%
ROE (avg)
20.73%
Valuation Key Factors 
Factor
Value
P/E Ratio
35
Industry P/E
29
Price to Book Value
13.86
EV to EBIT
24.07
EV to EBITDA
22.40
EV to Capital Employed
9.20
EV to Sales
6.07
PEG Ratio
0.31
Dividend Yield
0.05%
ROCE (Latest)
38.22%
ROE (Latest)
40.85%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
19What is working for the Company
PAT(Latest six months)
At Rs 124.73 cr has Grown at 76.90%
NET SALES(Q)
Highest at Rs 391.34 cr
PBT LESS OI(Q)
At Rs 80.67 cr has Grown at 23.7% (vs previous 4Q average
-2What is not working for the Company
INTEREST(Latest six months)
At Rs 20.73 cr has Grown at 21.73%
Loading Valuation Snapshot...
Here's what is working for Manorama Indust.
Profit After Tax (PAT) - Latest six months
At Rs 124.73 cr has Grown at 76.90%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 391.34 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 391.34 cr has Grown at 29.6% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 302.05 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 80.67 cr has Grown at 23.7% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 65.19 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Here's what is not working for Manorama Indust.
Interest - Latest six months
At Rs 20.73 cr has Grown at 21.73%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






