MANOMAY
Manomay Tex India financials
- Market cap
- ₹423 Cr
- Sector
- Textiles
What Manomay Tex India Limited does
Manomay Tex India Limited manufactures denim fabric at its integrated plant in Chittorgarh, Rajasthan, weaving and finishing indigo denim in weaves such as twill, dobby, knit-dobby and satin for domestic traders and export customers. It backward-integrated in FY24 by commissioning a spinning unit that produces ring-spun, open-end and textured cotton yarn, mostly consumed captively as raw material for its own denim with the surplus sold in the market. In FY25 it forward-integrated into finished apparel, launching the "Manomay – India's First Denim CoreWear Brand" and a direct-to-consumer e-commerce platform selling jeans, formal pants, shorts, cargos and lowers.
Segments
- Denim fabric manufacturing
- Spinning (yarn)
- Denim apparel (CoreWear)
- Denim production capacity
- 48 million meters/annum
- Spinning production capacity
- 17,640 tonnes/annum (FY25)
- On-roll employees
- 1,202 (as on 31.03.2025)
- Export footprint
- 16+ countries
- Denim fabric manufactured in FY25
- ~38 million meters
- Spinning plant machinery
- 15,840 ring-frame spindles, 2,208 rotors (open-end), 576 texturising spindles (Lycra)
Quarterly results
Q1 FY27: revenue up 20.5%, net profit up 11.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 177 | 186 | 179 | 164 | 166 −6% | 177 −5% | 204 +14% | 198 +20% |
| EBITDA | 23 | 25 | 18 | 20 | 23 −3% | 20 −20% | 22 +20% | 20 −3% |
| Net profit | 5 | 6 | 3 | 4 | 6 +16% | 5 −23% | 5 +50% | 5 +11% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +39.9% 1Y
1Y: ₹167.4 on 10 Sept 2025 → ₹234.19. High ₹258.62 (28 Nov 2025), low ₹164.94 (5 May 2026).
Financials, as filed
Revenue grew 0.6% a year over 3 years, FY23 to FY26. Operating margin widened to 11.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹699 Cr | ₹583 Cr | ₹697 Cr | ₹711 Cr |
| Operating profit | ₹42 Cr | ₹49 Cr | ₹86 Cr | ₹84 Cr |
| Operating margin | 5.9% | 8.3% | 12.3% | 11.9% |
| Interest | ₹14 Cr | ₹18 Cr | ₹32 Cr | ₹31 Cr |
| Depreciation | ₹11 Cr | ₹15 Cr | ₹29 Cr | ₹29 Cr |
| Net profit | ₹13 Cr | ₹13 Cr | ₹19 Cr | ₹20 Cr |
| Net margin | 1.9% | 2.2% | 2.8% | 2.8% |
| Cash from operations | ₹12 Cr | ₹13 Cr | ₹4 Cr | ₹26 Cr |
| Free cash flow | ₹-4 Cr | ₹-141 Cr | ₹-17 Cr | ₹5 Cr |
| ROCE | 13.0% | 10.0% | 13.0% | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹45 Cr | ₹53 Cr | ₹98 Cr | ₹111 Cr | ₹140 Cr | ₹153 Cr |
| Borrowings | ₹94 Cr | ₹141 Cr | ₹145 Cr | ₹300 Cr | ₹370 Cr | ₹348 Cr |
| Other liabilities | ₹65 Cr | ₹113 Cr | ₹132 Cr | ₹155 Cr | ₹120 Cr | ₹157 Cr |
| Total liabilities | ₹219 Cr | ₹322 Cr | ₹393 Cr | ₹584 Cr | ₹649 Cr | ₹676 Cr |
| Fixed assets | ₹56 Cr | ₹57 Cr | ₹67 Cr | ₹218 Cr | ₹205 Cr | ₹201 Cr |
| Capital work in progress | ₹0 Cr | ₹19 Cr | ₹12 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹163 Cr | ₹246 Cr | ₹314 Cr | ₹366 Cr | ₹444 Cr | ₹475 Cr |
| Total assets | ₹219 Cr | ₹322 Cr | ₹393 Cr | ₹584 Cr | ₹649 Cr | ₹676 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.22 pp while the public added +0.18 pp. The shareholder count shrank 8% to 2,313.
- Promoters
- 57.3%
- FIIs
- 1.3%
- Public
- 41.4%
Since Jun 2025
- FIIs −0.22 pp
- Public +0.18 pp
- Promoters +0.05 pp
How it drifted, 12 quarters
Over this window the public fell from 43.9% to 41.4% — −2.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 56.1%, Public 43.9%.Dec '23: Promoters 56.1%, Public 43.9%.Mar '24: Promoters 56.9%, Public 43.1%.Jun '24: Promoters 56.9%, Public 43.1%.Sep '24: Promoters 57.2%, FIIs 1.7%, Public 41.1%.Dec '24: Promoters 57.2%, FIIs 1.5%, Public 41.3%.Mar '25: Promoters 57.2%, FIIs 1.5%, Public 41.3%.Jun '25: Promoters 57.3%, FIIs 1.5%, Public 41.2%.Sep '25: Promoters 57.3%, FIIs 1.5%, Public 41.2%.Dec '25: Promoters 57.3%, FIIs 1.6%, Public 41.1%.Mar '26: Promoters 57.3%, FIIs 1.4%, Public 41.3%.Jun '26: Promoters 57.3%, FIIs 1.3%, Public 41.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Fashion Suitings Private Limited newly disclosed 2.32% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Manomay Tex India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Everstrong Marketing Private Limited | 12.80% | unchanged |
| Kailashchandra Hiralal Laddha | 6.56% | unchanged |
| Maheshchandra Kailashchandra Laddha | 6.43% | unchanged |
| Pallavi Laddha | 6.24% | unchanged |
| Seema Kamlesh Laddha | 5.03% | unchanged |
| Pramila Maheshchand Ladha | 4.53% | unchanged |
| Kantadevi Kailashchandra Laddha | 4.00% | unchanged |
| Kamlesh Kailashchandra Laddha | 3.16% | unchanged |
| Ladha Kailashchandra Hiralal Huf | 2.97% | unchanged |
| Yogesh Laddha | 2.96% | unchanged |
| Nnm Nextgen Advisory Private Limited | 2.60% | unchanged |
| Kamlesh Kailashchandra Laddha Huf . | 2.40% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Manomay Tex India Limited
Guides on how to read this kind of business and the numbers that matter.