Manali Petrochemicals share price today

Manali Petrochemicals Ltd's share price was ₹72.96 at the close on 4 November 2026. It has been rising for 18 weeks. That is 5.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹41 and ₹87, and at that close it sat 70% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Manali Petrochemicals Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +191% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 15 quarters, foreign funds (FIIs) raised their stake for 3 quarters in a row and revenue up on a year earlier for 4 quarters in a row.

1. Best operating margin in 15 quarters

   Operating margin was 30% in the June 2026 quarter, against 10% a year earlier.

2. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 0.3% to 0.7% of the company by the September 2026 quarter.

3. Revenue up on a year earlier for 4 quarters in a row

   In the June 2026 quarter revenue was ₹275 crore, +17% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Manali Petrochemicals reported revenue of ₹275 crore, up 17.0% from ₹235 crore a year earlier, and a profit of ₹64.0 crore, up 357.1% from ₹14.0 crore.

Manali Petrochemicals results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Manali Petrochemicals closed at ₹72.96 on 4 November 2026, up 5.6% from ₹69.08 a year earlier (7 November 2025) and down 36.5% over five years. Its highest weekly close since March 2016 was ₹141.45 on 22 April 2022.

Manali Petrochemicals share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Manali Petrochemicals closed at ₹72.96, up 6.7% on the week and down 6.6% on the month. 21 Sep 2026: ex-date for a dividend of ₹0.50 a share.

Earlier

• Results for April to June 2026: Revenue up 17.0% and profit up 357.1% on a year earlier.

Manali Petrochemicals paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.69% at the ₹72.96 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 21 September 2026.

Manali Petrochemicals dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Manali Petrochemicals Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in each of its last 11 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Manali Petrochemicals is on 2 of our India lists: Undervalued stocks and Penny stocks.

Manali Petrochemicals Ltd earned ₹64.0 Cr of net profit in the Jun 2026 quarter, +357.1% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹130 Cr. Over 10 years profit has grown 10.5% a year on average. That is 23.3% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹14.0 Cr.

For the full year, FY26 profit was ₹130 Cr (+348.3% on the year before).

Why profit moved: revenue changed +17.0% on a year earlier and the margin moved +20.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +593.6% and revenue +19.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Manali Petrochemicals Ltd reported ₹275 Cr of revenue in the Jun 2026 quarter, +17.0% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 5.8% a year on average. The last full year, FY26, came in at ₹1,022 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,063 Cr.

FY26 revenue was ₹1,022 Cr, +13.9% on the year before.

Recent pace: the last four quarters grew +19.5% on average, against 5.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.3%, against +4.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +496.7%, against +152.8% a year (accelerating).

Manali Petrochemicals Ltd's operating margin was 30.0% in the Jun 2026 quarter, 20.0 percentage points higher than the same quarter a year ago. Across 11 years it has been between 4.5% and 32.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +20.4 percentage points on the year while gross margin changed +17.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 97% of Manali Petrochemicals Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹116 Cr of operating cash against ₹130 Cr of profit. After −₹16.0 Cr of spending on assets, ₹132 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 97% of profit came in as cash: the cash cycle got 28 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Manali Petrochemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 82 days in FY26, up from 54 days in FY21. It spent ₹118 Cr on assets over the last 3 years. Customers take 60 days to pay, and stock sits for 82 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,022 Cr, each day of that cycle ties up about ₹2.8 Cr, so roughly ₹230 Cr is tied up in the business at any time.

FY26: customers took 60 days to pay and stock sat for 82 days, about 2.7 months of sales sitting as stock, for a full cycle of 82 days, longer than FY21's 54.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 82 days. Customers pay about 60 days after that. Suppliers are paid at 60 days. Together that makes the 82-day cycle.

Spending on assets: ₹118 Cr over the last 3 years, against ₹86.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹39.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Manali Petrochemicals Ltd's P/E is 10.6×, in the middle of its own history: higher than 44% of past readings. Its usual P/E (the middle reading) is 12.2×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.