Mayur Uniquoters Ltd
Mayur Uniquoters is primarily engaged in the business of manufacturing of Coated Textile Fabrics, artificial leather and PVC Vinyl which are widely used in different segments such as Footwear, Furnishings, Automotive OEM, Automotive replacement market, and Automotive Exports.
- Market Cap ₹ 2,331 Cr.
- Current Price ₹ 530
- High / Low ₹ 660 / 435
- Stock P/E 15.3
- Book Value ₹ 217
- Dividend Yield 0.94 %
- ROCE 21.8 %
- ROE 16.2 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 10.8% over past five years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 491 | 474 | 570 | 591 | 528 | 513 | 656 | 776 | 803 | 880 | 883 | |
| 361 | 347 | 420 | 462 | 424 | 391 | 531 | 637 | 644 | 689 | 697 | |
| Operating Profit | 131 | 126 | 150 | 129 | 104 | 122 | 126 | 139 | 159 | 191 | 186 | 
| OPM % | 27% | 27% | 26% | 22% | 20% | 24% | 19% | 18% | 20% | 22% | 21% | 
| 6 | 11 | 13 | 22 | 20 | 20 | 20 | 18 | 32 | 41 | 49 | |
| Interest | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 3 | 2 | 2 | 
| Depreciation | 16 | 17 | 17 | 18 | 18 | 18 | 20 | 22 | 29 | 29 | 29 | 
| Profit before tax | 117 | 120 | 145 | 132 | 104 | 120 | 123 | 132 | 159 | 201 | 205 | 
| Tax % | 34% | 32% | 33% | 32% | 23% | 25% | 23% | 21% | 23% | 26% | |
| 77 | 82 | 97 | 90 | 80 | 90 | 94 | 104 | 122 | 149 | 153 | |
| EPS in Rs | 16.68 | 17.81 | 21.38 | 19.76 | 17.60 | 20.13 | 21.17 | 23.71 | 27.86 | 33.97 | 34.73 | 
| Dividend Payout % | 21% | 6% | 7% | 16% | 23% | 10% | 9% | 8% | 11% | 15% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 11% | 
| 3 Years: | 10% | 
| TTM: | 8% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 13% | 
| 3 Years: | 17% | 
| TTM: | 18% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% | 
| 5 Years: | 17% | 
| 3 Years: | 3% | 
| 1 Year: | -14% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 15% | 
| 3 Years: | 15% | 
| Last Year: | 16% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 22 | 22 | 22 | 22 | 22 | 
| Reserves | 312 | 364 | 427 | 495 | 555 | 601 | 685 | 732 | 845 | 934 | 
| 26 | 12 | 6 | 22 | 34 | 41 | 31 | 25 | 15 | 9 | |
| 74 | 75 | 77 | 80 | 84 | 93 | 84 | 92 | 81 | 90 | |
| Total Liabilities | 435 | 474 | 532 | 620 | 696 | 757 | 822 | 871 | 963 | 1,055 | 
| 135 | 128 | 132 | 128 | 165 | 194 | 220 | 242 | 232 | 222 | |
| CWIP | 8 | 4 | 2 | 39 | 39 | 15 | 12 | 1 | 1 | 1 | 
| Investments | 97 | 124 | 156 | 187 | 165 | 205 | 154 | 132 | 186 | 212 | 
| 196 | 218 | 242 | 266 | 327 | 343 | 437 | 496 | 544 | 620 | |
| Total Assets | 435 | 474 | 532 | 620 | 696 | 757 | 822 | 871 | 963 | 1,055 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 70 | 75 | 87 | 63 | 63 | 55 | 13 | 121 | 113 | 157 | |
| -33 | -26 | -30 | -68 | -48 | -20 | 17 | -32 | -78 | -68 | |
| -44 | -46 | -50 | -3 | -7 | -38 | -21 | -67 | -21 | -70 | |
| Net Cash Flow | -7 | 3 | 7 | -8 | 9 | -3 | 9 | 23 | 14 | 19 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 73 | 66 | 55 | 67 | 81 | 68 | 63 | 72 | 76 | 
| Inventory Days | 85 | 117 | 109 | 125 | 160 | 212 | 207 | 182 | 161 | 144 | 
| Days Payable | 49 | 82 | 69 | 60 | 72 | 79 | 51 | 57 | 45 | 42 | 
| Cash Conversion Cycle | 109 | 108 | 106 | 120 | 155 | 214 | 224 | 187 | 188 | 177 | 
| Working Capital Days | 67 | 86 | 86 | 92 | 112 | 138 | 168 | 139 | 166 | 164 | 
| ROCE % | 32% | 34% | 27% | 18% | 19% | 18% | 17% | 19% | 22% | 
Documents
Announcements
- 
        
          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            2d - Newspaper Advertisement regarding opening of Special Window for Relodgement of Transfer Requests of Physical Shares.
- 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            9 Oct - RTA certificate under Regulation 74(5) confirming dematerialisation processing for quarter ended September 30, 2025.
- 
        
          Closure of Trading Window
          
            26 Sep - Trading window closed Oct 1, 2025 until 48 hours after unaudited Q2/H1 results for period ended Sep 30, 2025.
- 
        
          Announcement under Regulation 30 (LODR)-Change in Directorate
          
            19 Sep - Suresh K. Poddar re-appointed Chairman MD & CEO Apr 1, 2026–Mar 31, 2029; secretarial auditor appointed Apr 1, 2025–Mar 31, 2030.
- 
        
          Announcement under Regulation 30 (LODR)-Change in Management
          
            19 Sep - MD Suresh Kumar Poddar reappointed Apr 1, 2026–Mar 31, 2029; V.M. & Associates appointed secretarial auditor Apr 1, 2025–Mar 31, 2030.
Annual reports
- 
    
      Financial Year 2025
      from bse
- 
    
      Financial Year 2024
      from bse
- 
    
      Financial Year 2023
      from bse
- 
    
      Financial Year 2022
      from bse
- 
    
      Financial Year 2021
      from bse
- 
    
      Financial Year 2020
      from bse
- 
    
      Financial Year 2019
      from bse
- 
    
      Financial Year 2018
      from bse
- 
    
      Financial Year 2017
      from bse
- 
    
      Financial Year 2016
      from bse
- 
    
      Financial Year 2015
      from bse
- 
    
      Financial Year 2014
      from bse
- 
    
      Financial Year 2013
      from nse
- 
    
      Financial Year 2013
      from bse
- 
    
      Financial Year 2012
      from bse
Concalls
- 
      Aug 2025TranscriptPPT
- 
      May 2025TranscriptPPT
- 
      Feb 2025TranscriptPPT
- 
      Nov 2024TranscriptPPTREC
- 
      Aug 2024TranscriptPPT
- 
      May 2024TranscriptPPTREC
- 
      Feb 2024TranscriptPPT
- 
      Nov 2023TranscriptPPT
- 
      Nov 2023TranscriptPPT
- 
      Aug 2023TranscriptPPT
- 
      May 2023TranscriptPPT
- 
      Feb 2023TranscriptPPT
- 
      Nov 2022TranscriptPPT
- 
      Aug 2022TranscriptPPT
- 
      Jun 2022TranscriptPPT
- 
      Feb 2020TranscriptPPT
- 
      Nov 2019TranscriptPPT
- 
      Aug 2019TranscriptPPT
Product Portfolio
The company manufactures 400+ variants of artificial leather from PVC-coated and PU-coated fabric which finds application in footwear, automotive, furniture & fashion items, and leather goods. It is also engaged in the retail furnishing business under the brand name Texture and Hues via its WOS Mayur Tecfab. [1] [2]