Manorama Industries is a growing manufacturer of specialty fats, butters, and cocoa butter alternatives, serving the food, chocolate, confectionery, and cosmetics industries. The company delivered strong FY26 growth, with revenue rising 76.1% year-on-year, while capacity expansion and international operations remain key growth drivers.
With planned strategic capital expenditure of around ₹460 crore over the next 2–3 years, investors are closely watching the company’s long-term expansion plans. In this article, we will discuss the Manorama Industries Share Price Target 2026, 2027, 2028, 2029, and 2030, along with the company’s growth prospects and important factors to consider.
Manorama Industries Share Price Target 2026
Manorama Industries Share Price Target 2026 looks positive, supported by strong earnings growth and improving business prospects in specialty fats and cocoa butter products.
Recent Q1 FY27 results showed a 67.6% year-on-year rise in net profit, which has strengthened investor sentiment. Analyst estimates currently indicate targets around ₹1,736 to ₹1,926, providing a positive outlook for the stock.
Based on this trend, the first target for 2026 could be ₹1,850, while the second target could be ₹1,900. These are estimated levels, and actual performance will depend on earnings, valuations, market conditions, and company growth.
Manorama Industries Share Price Target 2026 Table
| Year | Manorama Industries Share Price Target 2026 |
| First Target 2026 | Rs 1850 |
| Second Target 2026 | Rs 1900 |
Manorama Industries Share Price Target 2027
The Manorama Industries Share Price Target 2027 may remain positive if the company continues to deliver strong revenue and profit growth.
While the company’s expansion and specialty fats business could support future earnings growth.
Based on current growth prospects, Target 1 for 2027 could be ₹2000, while Target 2 could be ₹2,100. These are estimated levels, not guaranteed returns, and investors should consider market conditions, valuation and company performance before making any investment decision.
Manorama Industries Share Price Target 2027 Table
| Year | Manorama Industries Share Price Target 2027 |
| First Target 2027 | Rs 2000 |
| Second Target 2027 | Rs 2100 |
Manorama Industries Share Price Target 2028
Manorama Industries Share Price Target 2028 could remain positive if the company sustains strong revenue growth, healthy margins and capacity expansion.
Recent results showed a strong rise in profit, while analysts continue to see growth potential in the specialty fats and cocoa butter business.
Based on available projections and the company’s growth outlook, our Target 1 for 2028 is ₹2200, while Target 2 is ₹2300. These are estimated levels, not guaranteed prices, and actual performance will depend on earnings, valuations and overall market conditions.
Manorama Industries Share Price Target 2028 Table
| Year | Manorama Industries Share Price Target 2028 |
| First Target 2028 | Rs 2200 |
| Second Target 2028 | Rs 2300 |
Manorama Industries Share Price Target 2029
Manorama Industries could remain an interesting stock to watch through 2029, supported by its specialty fats and cocoa butter business and expected earnings growth.
Recent reports show strong FY26 performance, while analyst estimates point to continued revenue and profit expansion. Based on these growth expectations, a possible Manorama Industries share price target for 2029 could be around ₹2,400 (Target 1) and ₹2500 (Target 2).
These are illustrative long-term targets, not guaranteed prices, and actual performance will depend on earnings, margins, valuation and overall market conditions.
Manorama Industries Share Price Target 2029 Table
| Year | Manorama Industries Share Price Target 2029 |
| First Target 2029 | Rs 2400 |
| Second Target 2029 | Rs 2500 |
Manorama Industries Share Price Target 2030
Manorama Industries has a strong position in the specialty fats and butter segment, with growing demand from the food, confectionery, chocolate, and cosmetics industries.
The company is also focusing on capacity expansion, backward integration, and international growth, which could support long-term revenue and profit growth. Based on its growth potential and business expansion, the Manorama Industries Share Price Target 2030 could be around ₹2,700 as the first target.
In a more optimistic scenario, the second target could reach ₹3,300, provided earnings growth, margins, and new capacity projects remain strong. These targets are only estimates and actual returns may vary depending on market conditions and company performance.
Manorama Industries Share Price Target 2030 Table
| Year | Manorama Industries Share Price Target 2030 |
| First Target 2030 | Rs 2400 |
| Second Target 2030 | Rs 2500 |
Manorama Industries Share F.A.Q.
– What does Manorama Industries do?
Manorama Industries manufactures specialty fats and butters made from tree-borne and plant-based seeds. Its products are used in food, chocolate, confectionery, bakery, and cosmetics industries.
– Is Manorama Industries a good stock for long-term investment?
Manorama Industries has growth opportunities through capacity expansion, product development, and international business. However, investors should evaluate valuation, financial performance, industry risks, and market conditions before investing.
– What is the NSE symbol of Manorama Industries?
The NSE symbol of Manorama Industries Limited is MANORAMA, while its BSE scrip code is 541974.
Conclusion
Manorama Industries has several potential growth drivers, including capacity expansion, value-added products, exports, and increasing demand for specialty fats and cocoa butter alternatives. The company’s management has also maintained a long-term revenue ambition of more than ₹3,500 crore by FY2030. However, investors should also consider risks such as raw-material price volatility, valuation, working-capital requirements, and execution of upcoming projects. Therefore, the Manorama Industries Share Price Target 2026–2030 should be viewed as an estimate rather than a guaranteed future price, and investors should conduct their own research before making investment decisions.
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