Manomay Tex India Ltd. (IN:MANOMAY)
:MANOMAY
Want to see IN:MANOMAY full AI Analyst Report?
Top Page
Manomay Tex India Ltd.
(MANOMAY)
Select Model
Select Model
Rating:65Neutral
Price Target:
₹221.00
▲(16.13% Upside)
Action:Reiterated
Date:03/25/26
The score is primarily driven by solid financial performance (strong growth and improving operating margins) offset by cash-flow pressure (negative free cash flow) and only moderate balance-sheet strength. Technicals are weak with bearish momentum despite oversold readings, while valuation appears reasonable but not meaningfully discounted.
Positive Factors
Sustained Revenue Growth
Revenue roughly doubled from 2021 to 2025, indicating durable demand expansion and successful scaling. Sustained top-line growth supports operating leverage, investment capacity and bargaining power with suppliers and buyers, underpinning longer-term margin and cash generation potential.
Negative Factors
Negative Free Cash Flow
Negative free cash flow despite positive operating cash flow implies material capex or working-capital outlays. Persistent FCF deficits can force external financing, constrain deleveraging or dividend capacity, and elevate liquidity risk if investment intensity remains high.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Revenue roughly doubled from 2021 to 2025, indicating durable demand expansion and successful scaling. Sustained top-line growth supports operating leverage, investment capacity and bargaining power with suppliers and buyers, underpinning longer-term margin and cash generation potential.
Read all positive factors
Manomay Tex India Ltd. (MANOMAY) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.23B
Dividend YieldN/A
Average Volume (3M)5.50K
Price to Earnings (P/E)19.6
Beta (1Y)<0.01
Revenue Growth-2.36%
EPS Growth-10.03%
CountryIN
Employees747
SectorConsumer Defensive
Sector Strength42
IndustryManufacturing - Textiles
Share Statistics
EPS (TTM)10.73
Shares Outstanding18,048,735
10 Day Avg. Volume6,034
30 Day Avg. Volume5,501
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)2.01
Price to Sales (P/S)0.43
P/FCF Ratio-17.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 Kailash...
How the Company Makes Money
Manomay Tex India Ltd. primarily makes money by selling its manufactured textile outputs (notably denim/fabric products) to customers in the textile and apparel value chain (e.g., garment makers, brands, wholesalers, and/or other fabric buyers). R...
Manomay Tex India Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.95B | 6.97B | 5.83B | 6.64B | 5.70B | 3.17B |
| Gross Profit | 2.79B | 2.93B | 745.50M | 2.42B | 474.23M | 379.78M |
| EBITDA | 874.24M | 855.88M | 498.29M | 421.75M | 297.62M | 176.33M |
| Net Income | 193.73M | 192.53M | 130.03M | 129.50M | 77.06M | 27.55M |
Balance Sheet | ||||||
| Total Assets | 6.49B | 6.18B | 5.84B | 3.93B | 3.09B | 2.15B |
| Cash, Cash Equivalents and Short-Term Investments | 15.75M | 19.49M | 207.19M | 240.44M | 26.47M | 48.71M |
| Total Debt | 3.70B | 3.29B | 3.00B | 1.45B | 1.42B | 938.09M |
| Total Liabilities | 4.91B | 4.70B | 4.55B | 2.77B | 2.40B | 1.53B |
| Stockholders Equity | 1.58B | 1.48B | 1.29B | 1.16B | 678.41M | 614.24M |
Cash Flow | ||||||
| Free Cash Flow | -268.58M | -168.86M | -1.41B | -36.16M | -167.16M | -23.10M |
| Operating Cash Flow | -171.75M | 41.55M | 128.13M | 116.91M | 138.37M | -10.73M |
| Investing Cash Flow | -92.16M | -32.05M | -1.63B | -229.39M | -287.94M | -12.49M |
| Financing Cash Flow | 264.85M | -17.79M | 1.38B | 250.18M | 390.23M | 24.18M |
Manomay Tex India Ltd. Technical Analysis
Negative
190.30
Price Trends
213.18
Negative
215.52
Negative
204.94
Negative
Market Momentum
-12.15
Positive
36.71
Neutral
21.55
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 190.3 is below the 20-day moving average (MA) of 201.11, below the 50-day MA of 213.18, and below the 200-day MA of 204.94, indicating a bearish trend. The MACD of -12.15 indicates Positive momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 21.55 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
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹3.23B | 19.63 | ― | ― | -2.36% | -10.03% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | ₹14.52B | 120.13 | ― | 0.06% | ― | ― | |
57 Neutral | ₹3.08B | 24.66 | ― | ― | 9.70% | 8.88% | |
52 Neutral | ₹4.76B | 69.89 | ― | ― | ― | ― |
* Consumer Defensive Sector Average
IN:MANOMAY
Manomay Tex India Ltd.
178.80
8.05
4.71%
IN:ABCOTS
AB Cotspin India Ltd.
216.55
-223.85
-50.83%
IN:PASHUPATI
Pashupati Cotspin Ltd.
92.00
26.06
39.51%
IN:SANATHAN
Sanathan Textiles Limited
402.00
-54.95
-12.03%
IN:BORANA
Borana Weaves Limited
327.20
82.45
33.69%
IN:RNBDENIMS
R&B Denims Ltd
11.42
-19.24
-62.76%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.