Manomay Tex India Ltd. (MANOMAY) AI Stock Analysis

• Market Cap: ₹2.90B
• Dividend Yield: N/A
• Average Volume (3M): 1.48K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.20
• Revenue Growth: 19.52%
• EPS Growth: 48.00%
• Country: IN
• Employees: 747
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Manufacturing - Textiles
• EPS (TTM): N/A
• Shares Outstanding: 18,048,735
• 10 Day Avg. Volume: 887
• 30 Day Avg. Volume: 1,477
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹177.00
• Price Target Upside: 9.97% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 62 Neutral
• Price Target: ₹177.00 ▲(9.97% Upside)

Manomay Tex India Ltd. shows strong financial performance with notable revenue growth and operational improvements, but faces challenges such as negative free cash flow and rising liabilities. Technical indicators suggest a lack of strong momentum, while valuation metrics indicate reasonable pricing. The absence of a dividend yield and lack of earnings call insights slightly diminish the stock's overall appeal.

Manomay Tex India Ltd. Business Overview & Revenue Model

Company Description

Manomay Tex India Ltd. (MANOMAY) is a prominent player in the textile industry, primarily engaged in the manufacturing and distribution of denim fabrics. The company caters to both domestic and international markets, offering a diverse range of high-quality denim products that are used in the apparel sector. MANOMAY is recognized for its commitment to sustainable practices and innovation in textile production.

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

The company demonstrates strong revenue growth and improved operational efficiencies, enhancing profitability margins. The balance sheet shows balanced leverage, but increasing liabilities could pose risks. While operating cash flow is stable, negative free cash flow needs attention for sustainable financial health.

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	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	6.97B	5.65B	5.76B	6.99B	3.17B
Gross Profit	2.93B	353.16M	474.23M	2.42B	379.78M
EBITDA	855.88M	498.29M	297.62M	421.75M	177.60M
Net Income	192.53M	130.03M	77.06M	129.50M	27.55M
Balance Sheet
Total Assets	6.18B	5.84B	3.09B	3.93B	2.15B
Cash, Cash Equivalents and Short-Term Investments	19.49M	207.19M	57.08M	255.64M	48.71M
Total Debt	3.29B	3.00B	1.42B	1.45B	938.09M
Total Liabilities	4.70B	4.55B	2.40B	2.77B	1.53B
Stockholders Equity	1.48B	1.29B	690.45M	1.16B	614.24M
Cash Flow
Free Cash Flow	-168.86M	-1.41B	-167.16M	-36.16M	-23.10M
Operating Cash Flow	41.55M	128.13M	138.37M	116.91M	-10.73M
Investing Cash Flow	-32.05M	-1.63B	-287.94M	-229.39M	-12.49M
Financing Cash Flow	-17.79M	1.38B	157.93M	250.18M	24.18M

Manomay Tex India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 160.95
• 50DMA: Negative
• 100DMA: Negative
• 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 160.95 is below the 20-day moving average (MA) of 162.16, below the 50-day MA of 166.22, and below the 200-day MA of 184.71, indicating a bearish trend. The MACD of -2.16 indicates Positive momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 33.23 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
LAMBODHARA	64 Neutral	₹1.31B	18.59		0.40%	17.57%	47.34%
MANOMAY	62 Neutral	₹2.90B	15.09		―	19.52%	48.00%
LOYALTEX	57 Neutral	₹1.67B	―		―	-26.76%	-25.97%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
MARALOVER	45 Neutral	₹2.54B	―		―	3.89%	-1584.25%
SHRENIK	39 Underperform	₹330.48M	―		―	-30.43%	99.85%