Mauria Udyog Ltd
Incorporated in 1980, Mauria Udyog Ltd is in the business of manufacturing and trading
of LPG cylinders and related accessories[1]
- Market Cap ₹ 123 Cr.
- Current Price ₹ 9.22
- High / Low ₹ 20.9 / 7.39
- Stock P/E 5.12
- Book Value ₹ 5.71
- Dividend Yield 0.00 %
- ROCE 20.9 %
- ROE 37.4 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 18.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 35.8 to 56.8 days.
* 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.
Peer comparison
Industrials Capital Goods Industrial Products Other Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,008 | 1,136 | 1,237 | 1,358 | 1,189 | 569 | 131 | 241 | 232 | 335 | 409 | 424 | |
| 971 | 1,093 | 1,191 | 1,300 | 1,128 | 587 | 208 | 245 | 231 | 315 | 383 | 389 | |
| Operating Profit | 37 | 44 | 46 | 58 | 60 | -18 | -77 | -4 | 1 | 21 | 25 | 35 |
| OPM % | 4% | 4% | 4% | 4% | 5% | -3% | -59% | -2% | 0% | 6% | 6% | 8% |
| 2 | 2 | 3 | 0 | 0 | -13 | 7 | 5 | 25 | 8 | 21 | 10 | |
| Interest | 18 | 26 | 30 | 39 | 48 | 30 | 8 | 6 | 26 | 12 | 8 | 7 |
| Depreciation | 6 | 6 | 5 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 |
| Profit before tax | 15 | 14 | 14 | 15 | 7 | -65 | -81 | -8 | -3 | 14 | 35 | 34 |
| Tax % | 31% | 35% | 35% | 40% | 37% | -26% | -19% | -73% | 216% | -23% | 48% | 29% |
| 10 | 9 | 9 | 9 | 4 | -48 | -66 | -2 | -9 | 17 | 18 | 24 | |
| EPS in Rs | 0.77 | 0.68 | 0.70 | 0.69 | 0.32 | -3.62 | -4.93 | -0.17 | -0.69 | 1.26 | 1.37 | 1.80 |
| Dividend Payout % | 0% | 0% | 0% | 11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 27% |
| 3 Years: | 22% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 19% |
| 3 Years: | 75% |
| TTM: | 124% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 31% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 21% |
| 3 Years: | 36% |
| Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 97 | 105 | 115 | 123 | 128 | 82 | 16 | 14 | 4 | 31 | 39 | 63 |
| 285 | 380 | 305 | 350 | 297 | 367 | 233 | 343 | 190 | 157 | 138 | 126 | |
| 104 | 106 | 305 | 253 | 236 | 108 | 212 | 105 | 187 | 243 | 218 | 229 | |
| Total Liabilities | 500 | 604 | 739 | 740 | 675 | 571 | 474 | 476 | 394 | 445 | 408 | 431 |
| 72 | 68 | 61 | 58 | 55 | 50 | 49 | 52 | 55 | 53 | 52 | 54 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 1 | 1 |
| 425 | 533 | 674 | 678 | 616 | 517 | 422 | 421 | 335 | 389 | 355 | 376 | |
| Total Assets | 500 | 604 | 739 | 740 | 675 | 571 | 474 | 476 | 394 | 445 | 408 | 431 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -33 | -93 | -101 | -51 | 52 | -48 | 158 | 16 | 153 | 20 | 51 | 31 | |
| 1 | 5 | 13 | 6 | 2 | 3 | 1 | -6 | -7 | 25 | -5 | 1 | |
| 25 | 95 | 81 | 44 | -53 | 44 | -155 | -14 | -147 | -42 | -46 | -33 | |
| Net Cash Flow | -6 | 7 | -7 | 0 | 0 | -1 | 4 | -3 | -0 | 3 | 0 | -2 |
| Free Cash Flow | -37 | -95 | -98 | -53 | 50 | -47 | 155 | 10 | 145 | 9 | 43 | 25 |
| CFO/OP | -77% | -199% | -209% | -77% | 92% | 259% | -206% | -395% | 18,461% | 102% | 203% | 86% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 113 | 119 | 119 | 112 | 190 | 481 | 30 | 33 | 24 | 27 | 57 |
| Inventory Days | 50 | 37 | 36 | 33 | 41 | 45 | 331 | 170 | 208 | 180 | 154 | 176 |
| Days Payable | 22 | 18 | 93 | 75 | 77 | 68 | 411 | 239 | 218 | 133 | 146 | 161 |
| Cash Conversion Cycle | 115 | 133 | 62 | 77 | 76 | 168 | 401 | -39 | 23 | 71 | 35 | 72 |
| Working Capital Days | 28 | 34 | 45 | 48 | 56 | 5 | 63 | -344 | -245 | -119 | -10 | -62 |
| ROCE % | 9% | 9% | 9% | 12% | 12% | -5% | -21% | -1% | 6% | 12% | 15% | 21% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Production / Sales Volume - LPG Cylinders Nos. |
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| Production / Sales Volume - LPG Regulators Nos. |
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| Production / Sales Volume - LPG Valves Nos. |
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| Installed Capacity - LPG Cylinders Nos. |
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| Installed Capacity - Regulators Nos. |
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| Installed Capacity - SC Valves Nos. |
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| Installed Capacity - Terry Towels MT |
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| Production / Sales Volume - Terry Towels MT |
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| Production / Sales Volume - Terry Towels Kgs. |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Cutting of Audited Financial Results-31.03.2026 pursuant to Reg 47c of LODR
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Audited Financial Results-31.03.2026
29 May - Mauria Udyog approved FY26 audited results; auditors issued qualified opinion, citing SEBI order and receivables.
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Board Meeting Intimation for Approving & Taking On Record The Audited Financial Results For The Quarter And FY Ended 31-03-2026;
19 May - Board meeting on May 29, 2026 to approve FY2026 audited results and financial statements.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
6 May - Shareholders approved Navneet Kumar Sureka’s MD appointment and Deepa Sureka’s remuneration revision from 01-04-2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Submitted dematerialization certificate for quarter ended March 31, 2026.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2004
from bse
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Financial Year 2003
from bse
Business Overview:[1][2]
a) MUL is the flagship entity of the Mauria Group.
b) Core operations: manufacturing LPG cylinders, valves, regulators, disposable & refillable cylinders for LPG, ammonia, and refrigerants.
c) Produces 100% cotton terry towels under Eurospa, sold domestically and exported (Ukraine, France).
d) Additional activities:
- Trading/manufacturing agro-commodities (soybean meal & cake).
- Domestic trading of metals (steel, brass, copper, ferrous scrap).