Mayur Leather Products Ltd
Incorporated in 1987, Mayur Leather Products Limited is engaged in manufacturing and export of leather shoe and shoe uppers.
- Market Cap ₹ 6.39 Cr.
- Current Price ₹ 13.2
- High / Low ₹ 25.1 / 10.1
- Stock P/E 45.6
- Book Value ₹ 1.76
- Dividend Yield 0.00 %
- ROCE 6.13 %
- ROE 22.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.53 times its book value
- Company has a low return on equity of -63.0% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23.10 | 28.07 | 32.12 | 24.01 | 18.06 | 12.61 | 9.66 | 8.23 | 9.27 | 3.46 | 0.24 | 0.00 | 0.00 | |
21.67 | 27.34 | 32.32 | 26.93 | 21.03 | 15.67 | 13.72 | 10.00 | 9.86 | 7.78 | 0.45 | 1.22 | 1.30 | |
Operating Profit | 1.43 | 0.73 | -0.20 | -2.92 | -2.97 | -3.06 | -4.06 | -1.77 | -0.59 | -4.32 | -0.21 | -1.22 | -1.30 |
OPM % | 6.19% | 2.60% | -0.62% | -12.16% | -16.45% | -24.27% | -42.03% | -21.51% | -6.36% | -124.86% | -87.50% | ||
0.89 | 1.09 | 1.40 | 1.55 | 1.30 | 1.75 | 4.13 | 0.64 | 0.72 | 2.15 | 0.35 | 1.65 | 1.59 | |
Interest | 0.36 | 0.53 | 0.64 | 0.53 | 0.81 | 0.82 | 0.83 | 0.40 | 0.50 | 0.55 | 0.53 | 0.15 | 0.06 |
Depreciation | 0.38 | 0.60 | 0.40 | 0.40 | 0.40 | 0.38 | 0.34 | 0.29 | 0.30 | 0.26 | 0.20 | 0.19 | 0.20 |
Profit before tax | 1.58 | 0.69 | 0.16 | -2.30 | -2.88 | -2.51 | -1.10 | -1.82 | -0.67 | -2.98 | -0.59 | 0.09 | 0.03 |
Tax % | 33.54% | 27.54% | 12.50% | -2.17% | 1.04% | 0.40% | 6.36% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | |
1.05 | 0.49 | 0.15 | -2.24 | -2.91 | -2.52 | -1.17 | -1.84 | -0.67 | -2.98 | -0.59 | 0.09 | 0.05 | |
EPS in Rs | 2.17 | 1.01 | 0.31 | -4.63 | -6.02 | -5.21 | -2.42 | -3.81 | -1.39 | -6.16 | -1.22 | 0.19 | 0.10 |
Dividend Payout % | 47.43% | 101.63% | 332.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | -10% |
5 Years: | 15% |
3 Years: | 30% |
TTM: | 135% |
Stock Price CAGR | |
---|---|
10 Years: | -8% |
5 Years: | 21% |
3 Years: | 24% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -23% |
5 Years: | -38% |
3 Years: | -63% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 |
Reserves | 11.16 | 11.14 | 10.71 | 8.47 | 5.56 | 3.04 | 1.86 | 0.02 | -0.65 | -3.63 | -4.22 | -4.13 |
4.70 | 6.85 | 6.99 | 5.82 | 8.93 | 7.50 | 6.80 | 7.14 | 3.41 | 4.53 | 4.92 | 4.25 | |
7.37 | 6.63 | 6.41 | 6.39 | 7.38 | 7.11 | 5.54 | 3.70 | 9.24 | 7.65 | 6.84 | 7.00 | |
Total Liabilities | 28.21 | 29.60 | 29.09 | 25.66 | 26.85 | 22.63 | 19.18 | 15.84 | 16.98 | 13.53 | 12.52 | 12.10 |
3.53 | 3.52 | 3.29 | 2.44 | 3.54 | 3.22 | 2.15 | 1.92 | 2.89 | 2.52 | 2.28 | 2.00 | |
CWIP | 0.17 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.38 | 1.51 | 0.17 | 0.17 | 0.17 | 0.00 |
Investments | 1.00 | 1.00 | 1.15 | 1.27 | 1.67 | 1.69 | 1.39 | 1.39 | 1.36 | 1.36 | 1.36 | 1.36 |
23.51 | 24.83 | 24.40 | 21.70 | 21.39 | 17.47 | 15.26 | 11.02 | 12.56 | 9.48 | 8.71 | 8.74 | |
Total Assets | 28.21 | 29.60 | 29.09 | 25.66 | 26.85 | 22.63 | 19.18 | 15.84 | 16.98 | 13.53 | 12.52 | 12.10 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4.19 | -0.47 | -0.24 | 0.04 | -2.05 | 1.72 | -3.64 | 10.80 | 2.93 | -0.15 | -0.76 | -0.75 | |
3.43 | 0.43 | 0.70 | 0.85 | -0.96 | 0.57 | 4.55 | -10.76 | 0.86 | -0.13 | 0.28 | 0.75 | |
0.97 | 1.14 | -0.91 | -1.58 | 2.52 | -2.17 | -0.72 | -0.22 | -4.22 | 0.48 | 0.19 | -0.01 | |
Net Cash Flow | 0.21 | 1.10 | -0.45 | -0.69 | -0.48 | 0.12 | 0.19 | -0.18 | -0.43 | 0.20 | -0.30 | -0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 95.28 | 59.55 | 60.23 | 65.06 | 94.58 | 47.76 | 37.78 | 54.99 | 70.09 | 44.31 | 486.67 | |
Inventory Days | 115.78 | 108.54 | 114.86 | 71.07 | 99.06 | 134.58 | 127.46 | 130.48 | 89.75 | 67.85 | 1,063.26 | |
Days Payable | 92.72 | 70.24 | 74.48 | 61.76 | 24.37 | 42.92 | 124.08 | 88.75 | 93.03 | 383.89 | 5,792.39 | |
Cash Conversion Cycle | 118.34 | 97.85 | 100.61 | 74.37 | 169.28 | 139.43 | 41.16 | 96.73 | 66.80 | -271.74 | -4,242.46 | |
Working Capital Days | 173.02 | 125.61 | 109.66 | 114.17 | 102.06 | 71.21 | 93.33 | 7.10 | -11.81 | -214.15 | -562.71 | |
ROCE % | 10.70% | 5.57% | 3.77% | -8.53% | -10.79% | -9.77% | -19.20% | -11.64% | -4.63% | -28.49% | -2.08% | 6.13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Appointment of M/s ATCS & Associates as secretarial auditor for five years from FY 2025-26.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Board approved Q1 results; auditor flagged serious financial and going concern issues.
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Unaudited Financial Results For The Quarter Ended 30.06.2025.
1d - Board approved Q1 results; auditor flagged serious financial and going concern issues.
-
Recommendation Of Appointment Of Directors Subject To The Approval Of Members Of The Company In The Ensuing AGM.
1d - Board approved Q1 results with adverse audit remarks and going concern doubts; significant financial and compliance issues disclosed.
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
1d - Board approved Q1 results; auditor flagged serious financial, compliance issues and going concern doubts.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Profile:[1]
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