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Sanjay Ahuja

10th Feb · SEBI-Registered Analyst

SMALLCAP COMPANY SUPPLYING COCOA BUTTER EQUIVALENTS TO KEEP ON YOUR RADAR

Smallcap company

MANORAMA
is a global pioneer in making specialty fats, butters, and other exotic products. The company provides tailor-made solutions to companies in the chocolate, confectionery, and cosmetic sectors. With a strong focus on research and quality, it holds multiple global certifications. Over the years, the company has received more than 50 international and national awards for its innovative business model, contribution to communities, and role in nation-building. Having a market cap of Rs 8,825 crore, the company's stock price is trading at an attractive P/E of 40.9x with decent ROCE and ROE of 23% and 28% respectively making it a good opportunity for long term investing.

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