Manoj Ceramic Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Consumer Durables | Market Cap: ₹119 Cr
The company aims to maintain a CAGR of 25-30% in revenue growth as per management guidance. The company targets a CAGR of 25-30% in revenue growth, maintaining this trajectory from previous years.
From Manoj Ceramic's Q4 FY26 earnings-call transcript · updated 25 Aug 2026.
Price
₹99.5
Market Cap
₹119 Cr
P/E Ratio
10.0
Revenue Rank
Margin Rank
How does Manoj Ceramic rank in Consumer Durables?
Compare Manoj Ceramic against every Consumer Durables company this quarter on revenue, margins and earnings-call signals.
📊 Revenue & Sales Performance
Rank 2- →The company aims to maintain a CAGR of 25-30% in revenue growth as per management guidance.
- →Volume growth targets are aligned with this CAGR, with about 23-24% volume increase achieved recently despite geopolitical challenges.
- →Growth drivers include expansion in new product lines such as premium imported marble (Marmi Bella) and customized tiles.
- →Expansion of experience centers and retail stores across India to deepen market penetration.
- →Strategic focus on scaling exports, especially targeting African regions in the medium term.
- →Continued digital transformation and AI-driven customer engagement to boost sales velocity.
- →Backward integration with cutting and polishing facility to enhance margins, quality, and execution timelines.
- →Emphasis on strengthening premium B2C brand alongside the dominant B2B segment (~80-82% of sales).
- →Plans for further Capex and expansion to support sustained growth, with announcements to be made in due course.
📈 Profitability & Margins
Rank 2- →The company targets a CAGR of 25-30% in revenue growth, maintaining this trajectory from previous years.
- →EBITDA margins faced temporary pressure due to low-margin product arrangements but are expected to improve in FY27 with premium product focus.
- →PAT grew 10.1% year-on-year in FY26, with expectations for profit growth aligned with revenue and margin improvements.
- →Improvement in working capital and tighter receivables management are expected to enhance cash flow and operating efficiency.
- →Expansion in premium product lines (e.g., Marmi Bella marble, customized tiles) and digital initiatives aim to drive higher margins.
- →Export growth, especially into African markets, is anticipated to contribute to revenues and margins.
- →No specific steady-state EBITDA margin guidance was provided but margin improvement is linked to product mix and growth execution.
- →Overall, profit growth, stronger cash flow, and margin enhancement are key strategic priorities for the next 12-18 months.
🏗️ Capital Expenditure Plans
Yes- →The company has ongoing and planned capital expenditure (Capex) focused on expansion and technological enhancements.
- →Investments include new divisions such as the Italian marble segment with backward integration for cutting and polishing, which has shown good revenue and margin prospects.
- →Future announcements regarding Capex and expansions are expected to be made publicly once products and plans are ready.
- →The company continues to invest strategically in digital initiatives, AI-enabled customer engagement, and export infrastructure to support growth.
- →Capex is directed towards strengthening premium product offerings, retail expansion (experience centers), and backward integration facilities like the Upper Thane cutting and polishing facility.
- →These investments aim to improve margins, customization capabilities, operational efficiency, and geographic reach.
- →Management maintains a disciplined approach to capital deployment with a focus on long-term value creation and delivering better profitability.
- →No specific quantitative guidance on Capex for FY27 or FY28 was disclosed, but plans are on track.
💰 Fundraising & Capital Structure
No information- →There is no explicit mention of any current or planned fundraising through debt or equity in the call transcript.
- →The company highlighted a significant reduction in long-term borrowings from ₹28.98 crore to ₹13.89 crore, reflecting focus on prudent capital allocation and financial discipline.
- →Management has emphasized maintaining a disciplined approach towards capital deployment and strengthening the capital structure.
- →They mentioned upcoming announcements regarding expansion and Capex plans but did not specify any fundraising related to that.
- →Overall, the focus appears to be on organic growth, working capital optimization, and leveraging existing resources rather than raising fresh debt or equity at this time.
📋 Order Book & Pipeline
No information- →The transcript does not explicitly mention the current or expected order book or pending orders in quantitative terms.
- →However, there are references to sustained growth with a projected CAGR of 25-30%.
- →The company has increased volumes by approximately 23-24% overall and expects to maintain that pace.
- →They have ongoing projects, including service contracts with sustained relationships, indicating some order backlog.
- →The export department is operational with new markets opening in regions like Africa, supporting contracts under legal compliance.
- →Expansion plans and product launches (e.g., premium products, marble division) suggest a healthy and growing demand pipeline.
- →The mention of "new depots," "new horizons," and timely order execution with improved delivery timelines also imply a strong order book status.
Key Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were Manoj Ceramic Q4 FY26 results?
The company aims to maintain a CAGR of 25-30% in revenue growth as per management guidance. The company targets a CAGR of 25-30% in revenue growth, maintaining this trajectory from previous years.
What is Manoj Ceramic share price analysis?
Manoj Ceramic currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 10.0 with a market cap of ₹119 Cr. Investors should review the full earnings analysis for detailed insights.
Is Manoj Ceramic planning capital expenditure?
The company has ongoing and planned capital expenditure (Capex) focused on expansion and technological enhancements.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.