Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Mayur Uniquoters Ltd

NSE: MAYURUNIQLeather And Leather Products

Share price

₹788.40

+5.13% close of 9 Oct 2026

Market cap ₹3,469 CrP/E 16.8

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,469 Cr

P/E ratio

16.8

P/B ratio

3.0

ROCE

24.5%

ROE

18.0%

Dividend yield

0.8%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹883.8052-week low ₹477.90

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 15.6% over the past year, and 13.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 19.4% to 24.4% over the last four years.

Whether it grew faster than its sector

It grew 13.5% a year against a sector median of 11.3% — 2.2 percentage points faster.

Room to re-rate, or risk of de-rating

At 16.8× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 52.1×, across 3 companies. It is against its own five-year median of 18.8×, the 31st percentile of its own range.

Whether growth justifies the valuation

Priced at 0.8 times its growth rate, on earnings growth of 22%.

Profit growthPrice per ₹1 profitPer 1% growth
Mayur Uniquoters Ltd — this one22%/yr16.8×₹0.76
Kothari Industrial Corporation Limited———
Bhartiya International Limited-40%/yr52.1×—
Mirza International Limited———
Superhouse Limited-48%/yr21.0×—
Zenith Exports Limited47%/yr335.3×₹7.1

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Leather And Leather Products), it ranks 1 of 8 on returns, 2 of 8 on growth, 1 of 8 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 24.5% on capital, ahead of 88% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹537 crore of cash from the business, spent ₹140 crore on plant and equipment, and returned ₹203 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 11 years, about 81 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 168 days for its cash to waiting 177 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 25%, with margin back near 25% after last quarter's one-off currency gain

Announced 5 Aug 2026 · Consolidated · Unaudited

Revenue

₹269 Cr

Revenue vs last year

+24.6%

Revenue vs last quarter

-1.4%

Net profit

₹56 Cr

Profit vs last year

+36.9%

Profit vs last quarter

-4.9%

Net margin

20.8%

EPS

₹12.92

Earnings call transcript · 6 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,469 Cr
Prev close
₹788.40
52w High
₹907
52w Low
₹471
Enterprise value
₹3,219 Cr
Beta
1.1
Price CAGR 1y
53.0%
Price CAGR 3y
11.0%
Price CAGR 5y
10.0%
Price CAGR 10y
6.0%

Ratios

Return on assets
15.2%
PEG ratio
0.8
P/E ratio
16.8
P/B ratio
3.0
EV / EBITDA
12.8
Industry P/E
21.0
ROCE
24.5%
ROCE 5y average
20.0%
ROE
18.0%
Debt / Equity
0.0
Interest coverage
260.0
Dividend yield
0.8%
ROE 3y average
17.0%
ROE last year
18.0%

Annual P&L

Annual revenue
₹967 Cr
Annual profit
₹192 Cr
Operating margin
24.0%
Net profit margin
19.9%
EBITDA margin
24.3%
Sales growth 3y
7.6%
Sales growth 5y
13.5%
Profit growth 3y
22.0%
Profit growth 5y
17.0%
EPS
₹44.1
Sales growth TTM
16.0%
Profit growth TTM
36.0%
Dividend payout
14.0%

Quarter P&L

Sales latest quarter
₹269 Cr
Profit latest quarter
₹56 Cr
YoY quarterly sales growth
24.7%
YoY quarterly profit growth
36.6%
OPM latest quarter
21.9%

Balance Sheet

Book Value
₹258
Face Value
₹5.0
Total debt
₹8 Cr
Total cash
₹81 Cr
Borrowings
₹8 Cr
Reserves / Equity
50.5

Cash Flow

Operating cash flow
₹133 Cr
Free cash flow
₹110 Cr
FCF yield
3.1%
Net cash flow
-₹4 Cr

Shareholding

Promoter holding
58.8%
FII holding
4.8%
DII holding
3.1%
Public holding
33.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Mayur Uniquoters743.8515.63,2320.8056.137.8269.224.724.5
Kothari Indl148.801,6070.00-28.9-1405.252.433.8-11.4
Bhartiya Intl.1,060.8055.51,4230.0017.8218.3372.833.29.5
Mirza Internatio27.793840.00-4.5-292.7123.6-12.6-1.9
Superhouse Ltd157.0022.21730.523.61371.4162.90.13.8
Zenith Exports186.63347.51010.00-0.6-142.913.5-24.65.0
Super Tannery8.9213.8960.562.411.575.911.98.2
Median171.8138.99030.001.5-52.5143.212.44.4

Competes with: AKI India Limited, Bhartiya International Limited, Kothari Industrial Corporation Limited, Mirza International Limited, Super Tannery Limited, Superhouse Limited, Zenith Exports Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales201203178221213208208251216240237273269
Expenses162160143180165165162198173190182188210
Material Cost137126129130135147
Change in Inventories10-3.767.79-4.68-5.253.46
Purchases of Stock-in-Trade3.982.931.961.218.093.37
Employee Cost101312141715
Other Expenses363538413341
Operating Profit39433541484347534350568659
OPM %20212019232122212021233122
Other Income88971115312201319323
Exceptional items (within Other Income)000000
Interest1111000000000
Depreciation7777777777778
Profit before tax40433640515142575556678174
Tax %23242519272128272627242724
Net Profit31322732374031424141515956
EPS in Rs6.957.386.217.338.509.177.049.559.379.40121413
Diluted EPS in Rs9.549.379.40121413

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4914745705915285136567768038809671,020
Expenses361347420462424391531637644689732770
Material Cost501520
Change in Inventories-6.33-5.89
Purchases of Stock-in-Trade9.2014
Employee Cost4657
Other Expenses139147
Operating Profit131126150129104122126139159191235251
OPM %272726222024191820222425
Other Income61113222020201832415558
Exceptional items (within Other Income)00
Interest3111242231.821.391
Depreciation161717181818202229292930
Profit before tax117120145132104120123132159201259278
Tax %3432333223252321232626
Net Profit77829790809094104122149192207
EPS in Rs171821201820212428344448
Diluted EPS in Rs3444
Dividend Payout %216716231098111514

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
7%
5 years
14%
3 years
8%
TTM
16%

Compounded profit growth

10 years
9%
5 years
17%
3 years
22%
TTM
36%

Stock price CAGR

10 years
6%
5 years
10%
3 years
11%
1 year
53%

Return on equity

10 years
16%
5 years
16%
3 years
17%
Last year
18%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2323232323222222222222
Reserves3123644274955556016857328459341,111
Borrowings2612622344131251598
Other Liabilities74757780849384928090122
Minority Interest00
Total Liabilities4354745326206967578228719631,0551,262
Fixed Assets135128132128165194220242232222213
CWIP842393915121113
Investments97124156187165205154132186212285
Other Assets196218242266327343437496544620761
Total Assets4354745326206967578228719631,0551,262

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity70758763635513121113157133
Cash from Investing Activity-33-26-30-68-48-2017-32-78-68-113
Cash from Financing Activity-44-46-50-3-7-38-21-67-21-70-24
Net Cash Flow-737-89-39231419-4
Free Cash Flow536480171427-349191139110

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7373665567816863727679
Inventory Days85117109125160212207182161144170
Days Payable4982696072795157454252
Cash Conversion Cycle109108106120155214224187188177197
Working Capital Days67868692112138168139166164177
ROCE %32342718191817192224

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters595959595959595959595959
FIIs2.402.842.843.283.183.183.343.853.313.233.684.78
DIIs9.688.676.443.973.193.313.443.453.473.323.653.13
Public293032343535353435353433
No. of Shareholders32,49333,68633,73234,92340,59239,96739,79139,07838,96038,38638,03737,381

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +60.4% (₹491.50 → ₹788.40)Brick size ₹30.93 (fixed)Bricks 21
₹600₹788Nov '25Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹788.40 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-250inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,02,51,819inr

2026-03-31

News

News and filings about Mayur Uniquoters Ltd. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • PVC polymer / regular PVC / bio-based PVC
  • knitted fabric backing for PVC vinyl
  • polyurethane / PUR
  • recycled yarn / recycled fabric
  • regular fabric / backing cloth

Depends on the price of

  • cotton yarn
  • fuel

Sells to

  • Action Group · artificial/synthetic leather for footwear
  • BMW · artificial/synthetic leather for automotive applications
  • Bata India Limited · artificial/synthetic leather for footwear
  • Ford · artificial/synthetic leather for automotive applications
  • Honda · artificial/synthetic leather for automotive applications
  • Hyundai · artificial/synthetic leather for automotive applications
  • Kia · artificial/synthetic leather for automotive applications
  • Liberty Shoes Limited · artificial/synthetic leather for footwear
  • MG Motor India · artificial/synthetic leather for automotive applications
  • Mahindra & Mahindra · artificial/synthetic leather for automotive applications
  • Maruti Suzuki India · artificial/synthetic leather for automotive applications
  • Mercedes Benz · artificial/synthetic leather for automotive applications
  • Nissan · artificial/synthetic leather for automotive applications
  • Paragon · artificial/synthetic leather for footwear
  • Relaxo Footwears Limited · artificial/synthetic leather for footwear
  • Tata Motors Limited · artificial/synthetic leather for automotive applications
  • Tata Motors Passenger Vehicles Limited · artificial/synthetic leather for automotive applications
  • Toyota · artificial/synthetic leather for automotive applications
  • VKC Group · artificial/synthetic leather for footwear
  • Volkswagen · artificial/synthetic leather for automotive applications

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Leather And Leather Products
Classification
Consumer Durables › Leather And Leather Products
ISIN
INE040D01038

Plants

  • Dhodhsar Plant / Works Unit 2 · Jaipur, Rajasthan
  • Jaitpura Plant / Works Unit 1 / Factory & Registered Office · Jaipur, Rajasthan
  • Morena Plant · Morena, Madhya Pradesh

News impact

Big market events that reach Mayur Uniquoters Ltd, and how the effect spreads.

16 Sept, 10:57 IST · Market event · medium impact

UK, EU trade pacts to boost India’s leather exports

New UK and EU trade pacts should lift India's leather and shoe exports toward $5.5 billion, helping shoemakers like Bata, Mayur and Red Tape, with no clear losers except rival exporting countries.

Consumer Durables

Who it hits first

  • Indian leather and footwear exporters get cheaper access to the UK and EU — two of their biggest buyers — as trade pacts cut import duties; the leather export council (CLE) expects footwear exports alone to reach $5.5 billion.
  • No listed company was named in the report, so the boost lands sector-wide on shoemakers and leather-goods makers rather than on one stock.

Who may gain

  • Listed shoemakers and leather-linked makers: Mayur Uniquoters (artificial leather for shoes and furnishings), Bata India (India's largest shoe retailer, with an export arm), and Red Tape (footwear brand with overseas sales).
  • Unlisted tannery clusters (Chennai, Kanpur, Kolkata) and shipping/logistics firms gain from higher export volumes.

Along the supply chain

Downstream

UK and EU retailers and distributors get cheaper Indian shoes to stock; Indian ports and freight firms handle higher footwear cargo volumes.

Upstream

Tanneries, leather-chemical makers and shoe-component suppliers in Tamil Nadu, UP and West Bengal get more orders as exporters scale up; hides and chemical input demand rises.

Where demand moves

Business

UK and EU shoe buyers shift part of their orders from Bangladesh, Vietnam and China to Indian makers as duties fall; Indian tanneries and component makers (soles, laces, cartons) see more orders in turn.

Capital

Export-theme money rotates toward high-export consumer names and leather pure-plays; small sentiment lift for the wider Consumer Durables pack on pro-trade headlines.

How it spreads across sectors

Consumer Durables

Footwear and leather-goods makers gain export demand; sentiment spillover to other export-heavy durables.

Services

Small lift for logistics and freight handlers on higher export cargo.

Textiles

Mild positive readthrough — apparel exporters share the same UK/EU buyers and benefit from the same pro-trade mood.

Commodity angle

Cc skip reason

no_commodity_link

When it plays out

Immediate

1-7 days: sentiment pop for leather and footwear stocks on the headline; exporters' commentary in business press.

Medium term

1-6 months: export orders convert to shipments and revenue; footwear export data shows whether the $5.5 billion run-rate is on track.

Short term

1-4 weeks: tariff details and product lists emerge; order enquiries from UK/EU buyers pick up; stocks re-rate on confirmed numbers or fade if details disappoint.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

21 Aug 2026unspecified₹6
22 Aug 2025unspecified₹5
23 Aug 2024unspecified₹3
24 Aug 2023unspecified₹2
7 Jul 2022unspecified₹2
7 Jul 2021unspecified₹2
8 Jul 2020unspecified₹1
24 Feb 2020interim₹1.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
20 May 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY3,11,308₹681.60
20 May 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL3,11,308₹682.02

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
2 Oct 2026Kiran Poddar · PromoterBUY1,0000.07
29 Sep 2026Kiran Poddar · PromoterBUY2,0000.14
28 Sep 2026Kiran Poddar · PromoterBUY6,0000.44
23 Sep 2026Kiran Poddar · PromoterBUY1,0000.08

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.