MANORAMA

What Manorama Industries promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 24 tracked 5 delivered 4 missed 15 open
  • Working Capital Days went quiet said Q4 FY26 Promised: maintain working capital days at current levels (~125 days) Q1 FY27: The working capital days metric was not reported for the quarter.
  • FY27 Capacity Utilization revised down said Q4 FY26 Promised: utilize 85-90% of the 52,000 tons capacity in FY27 Q1 FY27: Reported 80% utilization for Q1 and revised full-year guidance down to 80-85%, which is below the original target of 85-90%.
  • FY26 Revenue delivered said Q4 FY25 Promised: achieve INR 1,050 crores top line in financial year '26 Q4 FY26: Achieved standalone revenue of INR 1,357 crores for FY26, exceeding the revised guidance.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 24 tracked commitments for Manorama Industries — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens