Manorama Industries (NSE:MANORAMA) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MANORAMA Manorama Industries Ltd NSE:MANORAMA
97 GF Score
Price ₹2,132.90
GF Value ₹2,057.22
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Manorama Industries Debt-to-Equity?

Manorama Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Manorama Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Manorama Industries's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Manorama Industries's Debt-to-Equity or its related term are showing as below:

NSE:MANORAMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.7   Max: 1.6
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Manorama Industries was 1.60. The lowest was 0.01. And the median was 0.70.

NSE:MANORAMA's Debt-to-Equity is ranked worse than
56.97% of 1764 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs NSE:MANORAMA: 0.52

Manorama Industries  (NSE:MANORAMA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Manorama Industries Debt-to-Equity Related Terms

Manorama Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Manorama Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Manorama Industries Debt-to-Equity Chart

Manorama Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.37 1.03 1.05 0.52

Manorama Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.67 N/A 0.52 N/A

NSE:MANORAMA vs KHC, GIS: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Manorama Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Manorama Industries Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Manorama Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Manorama Industries's Debt-to-Equity falls into.


NSE:MANORAMA
97GF Score
Manorama Industries Ltd NSE:MANORAMA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manorama Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manorama Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(3210.806 + 336.789) / 6821.289
=0.52

Manorama Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Manorama Industries (NSE:MANORAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Manorama Industries stock appears to be overvalued. The current stock price of ₹2,132.90 is trading 3.7% above its estimated GF Value™ of ₹2,057.22. GuruFocus considers Manorama Industries to be Fairly Valued.

Key valuation signals for NSE:MANORAMA:

  • Debt-to-Equity: N/A
  • GF Value™: ₹2,057.22 vs. price of ₹2,132.90 (3.7% above fair value)
  • GF Score™: 97/100 with 4 warning signs

No single metric tells the full story. See the NSE:MANORAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Manorama Industries Business Description

Other Exchanges 541974:India
Address F-6, Anupam Nagar, Raipur, CT, IND, 492007
Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added, tailor-made products. Its only operating segment is the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). Geographically, the company generates a majority of its revenue from outside India through exports, and the rest from its business within India.
97GF Score

Get the complete analysis for NSE:MANORAMA

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,132.90
Price
₹2,057.22
GF Value