M R Maniveni Foods Limited is engaged in the milling and processing of pulses, mainly Toor Dal and Urad Dal. The company earns revenue through processing, packaging, and supplying dhal products to wholesalers, retailers, large-format stores, and e-commerce platforms. The company operates under the “MR Gold” brand and focuses on high-quality dhal products with automated and semi-manual production facilities. Its products are widely used in Indian households, hotels, restaurants, and food processing industries. The company follows food safety standards and uses modern machinery for quality production.

The Company is led by Promoter, i.e.,K R MANIKANDAN, M CHANDRA AND K SELVAM

The Revenues from operations for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 11,619.01 Lakh, ₹ 20,352.15 Lakh, ₹ 15,499.73 Lakh, and ₹ 11,960.62 Lakh, The EBITDA for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 667.11 Lakh, ₹ 781.51 Lakh, ₹ 505.18 Lakh, and ₹ 371.61 Lakh, The Profit after Tax for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 333.82 Lakh, ₹ 412.67 Lakh, ₹ 218.02Lakh, and ₹ 155.51 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue  EPS of ₹ 2.96 and post-issue EPS of ₹ 2.11 for FY25. The pre-issue P/E ratio is 17.57x,while the post-issue P/E ratio is 24.66x against the Industry P/E ratio is NAx The company's ROE for FY25 is 26.67% and RoNW is 27.61% The Annualised EPS is ₹ 2.27x and P/E is ₹ 22.87x, These metrics suggest that the IPO is Fully priced.

 
The Grey Market Premium (GMP) of M R Maniveni Foods showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the M R Maniveni Foods Limited, IPO for Listing gain or Long Term Purposes.