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 ₹ 2,063 Cr.
- Current Price ₹ 478
- High / Low ₹ 630 / 435
- Stock P/E 13.4
- Book Value ₹ 234
- Dividend Yield 1.05 %
- 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 | 915 | |
| 361 | 347 | 420 | 462 | 424 | 391 | 531 | 637 | 644 | 689 | 722 | |
| Operating Profit | 131 | 126 | 150 | 129 | 104 | 122 | 126 | 139 | 159 | 191 | 193 |
| OPM % | 27% | 27% | 26% | 22% | 20% | 24% | 19% | 18% | 20% | 22% | 21% |
| 6 | 11 | 13 | 22 | 20 | 20 | 20 | 18 | 32 | 41 | 47 | |
| Interest | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 3 | 2 | 1 |
| 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 | 210 |
| Tax % | 34% | 32% | 33% | 32% | 23% | 25% | 23% | 21% | 23% | 26% | |
| 77 | 82 | 97 | 90 | 80 | 90 | 94 | 104 | 122 | 149 | 154 | |
| EPS in Rs | 16.68 | 17.81 | 21.38 | 19.76 | 17.60 | 20.13 | 21.17 | 23.71 | 27.86 | 34.36 | 35.36 |
| Dividend Payout % | 21% | 6% | 7% | 16% | 23% | 10% | 9% | 8% | 11% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 10% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 17% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 9% |
| 3 Years: | 5% |
| 1 Year: | -19% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 312 | 364 | 427 | 495 | 555 | 601 | 685 | 732 | 845 | 934 | 996 |
| 26 | 12 | 6 | 22 | 34 | 41 | 31 | 25 | 15 | 9 | 7 | |
| 74 | 75 | 77 | 80 | 84 | 93 | 84 | 92 | 81 | 90 | 109 | |
| Total Liabilities | 435 | 474 | 532 | 620 | 696 | 757 | 822 | 871 | 963 | 1,055 | 1,134 |
| 135 | 128 | 132 | 128 | 165 | 194 | 220 | 242 | 232 | 222 | 218 | |
| CWIP | 8 | 4 | 2 | 39 | 39 | 15 | 12 | 1 | 1 | 1 | 3 |
| Investments | 97 | 124 | 156 | 187 | 165 | 205 | 154 | 132 | 186 | 212 | 230 |
| 196 | 218 | 242 | 266 | 327 | 343 | 437 | 496 | 544 | 620 | 682 | |
| Total Assets | 435 | 474 | 532 | 620 | 696 | 757 | 822 | 871 | 963 | 1,055 | 1,134 |
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
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate under Reg 74(5) for quarter ended Dec 31, 2025, confirming dematerialisation actions.
- Closure of Trading Window 26 Dec
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Dec - Newspaper Advertisement regarding opening of Special Window for Relodgement of Transfer Request of Physical Shares
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Announcement under Regulation 30 (LODR)-Change in Management
8 Dec 2025 - GM Production Head Babu Pathanjali resigned effective Dec 06, 2025 to pursue other opportunities.
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Announcement under Regulation 30 (LODR)-Credit Rating
20 Nov 2025 - CARE reaffirms CARE AA/Stable and CARE A1+ for bank facilities; amounts Rs 5.90, 65.00, 20.00 Cr.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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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
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Financial Year 2013
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Financial Year 2012
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Concalls
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Nov 2025TranscriptPPTREC
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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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]