Manomay Tex India Ltd. (MANOMAY) AI Stock Analysis

• Market Cap: ₹3.08B
• Dividend Yield: N/A
• Average Volume (3M): 1.20K
• Price to Earnings (P/E): 16.5
• Beta (1Y): 0.11
• Revenue Growth: 17.95%
• EPS Growth: 18.40%
• Country: IN
• Employees: 747
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Manufacturing - Textiles
• EPS (TTM): 2.46
• Shares Outstanding: 18,048,735
• 10 Day Avg. Volume: 2,074
• 30 Day Avg. Volume: 1,201
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹189.00
• Price Target Upside: 10.92% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ₹189.00 ▲(10.92% Upside)

Manomay Tex India Ltd. benefits from strong financial performance and stable technical indicators. However, challenges such as negative free cash flow and increasing liabilities need addressing to ensure long-term sustainability. The stock's valuation is reasonable, but the lack of a dividend yield may deter some investors.

Manomay Tex India Ltd. Business Overview & Revenue Model

Company Description

Manomay Tex India Ltd. engages in the provision of textile business. It engages in the manufacture and sales of ready to stitch fabrics which involves winding of yarn, and weaving, as well as dispatch of garment. The company was founded by Kailashchandra Hiralal Laddh in 1978 and is headquartered in Bhilwara, India.

How the Company Makes Money

Manomay Tex India Ltd. generates revenue through the sale of its denim fabrics to various clients, including garment manufacturers and fashion brands. The company's revenue streams are primarily driven by bulk orders from both domestic and international buyers. MANOMAY benefits from strong partnerships with key clients and leverages its reputation for quality and timely delivery to maintain a steady stream of income. Additionally, the company's focus on sustainable textile production and innovation helps attract environmentally conscious customers, further contributing to its revenue.

Manomay Tex India Ltd. Financial Statement Overview

Summary

Manomay Tex India Ltd. shows strong revenue growth and improved operational efficiencies, enhancing profitability margins. The balance sheet indicates balanced leverage, though increasing liabilities could pose future risks. Stable operating cash flow is offset by negative free cash flow, highlighting the need for better capital expenditure management.

Income Statement

Manomay Tex India Ltd. has demonstrated strong revenue growth, increasing from INR 3,170,895,000 in 2021 to INR 6,969,173,000 in 2025. The gross profit margin improved significantly, reflecting better cost management and operational efficiency. However, the net profit margin is relatively low, indicating potential challenges in managing expenses or rising costs. The EBIT margin shows improvement over the years, suggesting enhanced core earnings capacity.

Balance Sheet

The company has a moderate debt-to-equity ratio, which indicates a balanced approach to leveraging. The equity ratio is satisfactory, but there is room for improvement to enhance financial stability. The return on equity has shown positive trends, reflecting efficient use of shareholder funds. However, the increase in total liabilities over the years may pose risks if not managed effectively.

Cash Flow

Operating cash flow has been positive, but free cash flow has been negative in recent years, indicating potential challenges in covering capital expenditures and financing activities. The operating cash flow to net income ratio suggests that the company efficiently converts its net income into cash, but the negative free cash flow requires attention to ensure long-term sustainability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.97B	6.97B	5.65B	5.76B	6.99B	3.17B
Gross Profit	2.76B	2.93B	745.50M	474.23M	2.42B	379.78M
EBITDA	873.46M	855.88M	498.29M	297.62M	421.75M	177.60M
Net Income	192.53M	192.53M	130.03M	77.06M	129.50M	27.55M
Balance Sheet
Total Assets	6.18B	6.18B	5.84B	3.09B	3.93B	2.15B
Cash, Cash Equivalents and Short-Term Investments	19.49M	19.49M	207.19M	57.08M	255.64M	48.71M
Total Debt	3.29B	3.29B	3.00B	1.42B	1.45B	938.09M
Total Liabilities	4.70B	4.70B	4.55B	2.40B	2.77B	1.53B
Stockholders Equity	1.48B	1.48B	1.29B	690.45M	1.16B	614.24M
Cash Flow
Free Cash Flow	0.00	-168.86M	-1.41B	-167.16M	-36.16M	-23.10M
Operating Cash Flow	0.00	41.55M	128.13M	138.37M	116.91M	-10.73M
Investing Cash Flow	0.00	-32.05M	-1.63B	-287.94M	-229.39M	-12.49M
Financing Cash Flow	0.00	-17.79M	1.38B	157.93M	250.18M	24.18M

Manomay Tex India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 170.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANOMAY, the sentiment is Negative. The current price of 170.4 is below the 20-day moving average (MA) of 170.85, above the 50-day MA of 165.99, and below the 200-day MA of 180.14, indicating a neutral trend. The MACD of 1.86 indicates Positive momentum. The RSI at 50.56 is Neutral, neither overbought nor oversold. The STOCH value of 29.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANOMAY.

Manomay Tex India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANOMAY	68 Neutral	₹3.08B	16.54	―	―	17.95%	18.40%
LAMBODHARA	64 Neutral	₹1.42B	19.09	5.82%	0.37%	17.57%	47.28%
LOYALTEX	46 Neutral	₹1.45B	-2.66	-19.05%	―	-26.76%	-25.96%
MARALOVER	45 Neutral	₹1.93B	-6.38	-22.22%	―	3.89%	-1584.25%
SHRENIK	40 Neutral	₹336.60M	-366.67	0.05%	―	-30.43%	99.85%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Manomay Tex India Ltd. Corporate Events

Manomay Tex India Ltd. Announces Book Closure for AGM

Manomay Tex India Ltd. has announced the closure of its Register of Members and Share Transfer Books from September 11 to September 17, 2025, in preparation for its 16th Annual General Meeting scheduled for September 17, 2025. The record date for determining members eligible for voting is set for September 10, 2025. This announcement is in compliance with SEBI regulations and aims to ensure an organized voting process for shareholders.