Manomay Tex India Limited

Manomay Tex India Limited (MANOMAY) is a micro-cap Textiles company valued at ₹450 crore operating in Other Textile Products on the NSE and BSE.

Recent price move

Manomay Tex India Limited last traded at ₹247.65, modestly up 1.67% on the day.

Recent developments

On 2026-09-20, the company reported Q2 2026 earnings with steady revenue growth and a quarterly EPS of ₹10.88, indicating positive performance in the recent quarter.

Financial performance

The company's annual revenue grew 2.0% to ₹711 crore, while annual net profit rose 3.4% to ₹20 crore. In the latest quarter, revenue surged 20.5% to ₹198 crore, and net profit increased 11.2% to ₹5 crore, showing stronger growth in the recent quarter compared to the same period a year earlier.

Valuation multiples

The stock trades at 22.8 times earnings, 2.48 times book value.

Things to watch

The company has a high debt to equity ratio of 2.03, indicating significant leverage. It has not paid out dividends despite repeated profits, which may signal financial constraints or strategic reinvestment. The stock is 7.6% below its 52-week high, reflecting a recent pullback from its peak.

Where it stands

Manomay Tex India Ltd has shown revenue growth of 2.0% annually and a 20.5% increase in the latest quarter, with net profit rising 3.4% annually and 11.2% in the latest quarter. The company's debt to equity ratio remains high at 2.03, and it has not distributed dividends despite consistent profits, highlighting potential financial pressure.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.