Manoj Ceramic Ltd secures Comprehensive Trade Credit Insurance Cover to Strengthen Business Resilience and Drive Growth

Manoj Ceramic Limited, (INE0A6N01026), a leading name in the ceramic and tiles industry, today announced that it has successfully secured a comprehensive Trade Credit Insurance coverage for all its domestic trade receivables, ensuring complete financial protection against protracted default and insolvency-related risks.

This strategic safeguard reinforces MCPL's robust risk management framework and underlines its commitment to business continuity, financial discipline and stakeholder confidence. With this insurance cover in place, the Company can now confidently extend its network of Dealers, Distributors and Institutional clients across India, strengthening its ability to scale operations while maintaining prudent risk exposure.

This milestone marks a defining step in MCPL's growth journey, as the Company becomes one of the few ceramic players in India to have its entire debtor base comprehensively insured. The initiative strengthens MCPL's financial ecosystem, enhances its credibility with banks, trade partners and global customers and transforms receivables into an asset-backed assurance that improves cash flow stability. It reflects the Company's proactive governance and long-term sustainability focus, ensuring that every transaction, from dealer to distributor, is backed by institutional-grade financial security, empowering MCPL to confidently pursue its ambitious growth vision as a globally trusted ceramic solutions provider.

Mr. Dhruv Rakhasiya, Managing Director of Manoj Ceramics Limited stated, "This milestone aligns seamlessly with our long-term growth vision. By insuring our receivables portfolio, we've added a critical layer of stability and predictability to our business, enabling faster working capital cycles and greater confidence across our value chain. It allows us to grow our domestic footprint more aggressively while maintaining a strong risk-mitigated foundation.

On the global front, our expansion momentum continues to strengthen - with our Dubai Display Centre now fully operational, offering direct access to developers and architects across the Middle East region. Alongside, our International subsidiaries in London and the U.S. are further deepening our global presence, while our strategic alliances and government-linked partnerships across African markets such as Burundi, Angola, Sudan and Senegal are driving strong export-led growth. These initiatives together position MCPL as a globally trusted ceramic solutions provider, with a focus on profitable scalability, innovation and stakeholder value creation.

Backed by robust governance, strong financial protection and expanding global operations, we remain confident of achieving a consolidated 25-30% CAGR over the next three years. Our journey is guided by sustainability, customer-centric innovation and disciplined execution, ensuring MCPL continues to deliver consistent performance, resilient growth and enduring value for all stakeholders.

Shares of Manoj Ceramic Limited was last trading in BSE at Rs. 103.25 as compared to the previous close of Rs. 98.55. The total number of shares traded during the day was 12000 in over 12 trades.

The stock hit an intraday high of Rs. 103.45 and intraday low of 100.00. The net turnover during the day was Rs. 1233800.00.

Source : Equity Bulls

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ManojCeramic INE0A6N01026 TradeCredit InsuranceCover