Mayur Uniquoters Ltd
NSE: MAYURUNIQ · Leather And Leather Products · sector
₹713.55NSE close 2026-10-26
Key numbers
Market cap₹3,101 cr
Price₹713.55
52w high / low₹907 / ₹471
P/E15.0xSector median 18.6x
P/B2.7xSector median 1.3x
Book value₹260.6
Dividend yield0.70%Sector median 0.57%
ROE19.8%Sector median 1.9%
ROCE24.5%Sector median 4.9%
OPM24.6%Sector median 6.0%
Debt / equity0.01xSector median 0.25x
EV/EBITDA11.4xSector median 13.9x
Interest cover211.4x
Current ratio7.45x
Sales growth 3y+7.6%Sector median +2.3%
Profit growth 3y+22.5%Sector median -4.8%
PEG0.65x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Leather And Leather Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹258 cr vs borrowings ₹6 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹24 cr → ₹6 cr).
- Operating profit covered interest 211.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 28% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹713.55 on 2026-10-26: -21.3% from the 52-week high, +51.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹853.25 · low ₹445.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 208 | 251 | 216 | 240 | 237 | 273 | 269 |
| EBITDA | 43 | 47 | 53 | 43 | 50 | 55 | 86 | 59 |
| OPM % | 20.7% | 22.4% | 21.2% | 19.9% | 21.0% | 23.4% | 31.4% | 21.9% |
| Other income | 15 | 3 | 12 | 20 | 13 | 19 | 3 | 23 |
| Net profit | 40 | 31 | 42 | 41 | 41 | 51 | 59 | 56 |
| EPS (₹) | 9.09 | 7.05 | 9.54 | 9.37 | 9.40 | 11.68 | 13.68 | 12.92 |
| Revenue YoY | +15.5% | +14.0% | +9.1% | +24.7% | ||||
| Profit YoY | +2.5% | +65.9% | +43.2% | +37.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 656 | 776 | 803 | 880 | 967 | 1,020 |
| EBITDA | 126 | 139 | 159 | 191 | 235 | 251 |
| Net profit | 94 | 104 | 122 | 149 | 192 | 207 |
| EPS (₹) | 21.17 | 23.69 | 27.86 | 34.18 | 44.13 | 47.68 |
| Revenue growth | +18.2% | +3.5% | +9.6% | +9.9% | +15.6% | |
| Profit growth | +10.4% | +17.5% | +21.9% | +28.4% | +35.7% | |
| Dividend / share (₹) | 2.00 | 2.00 | 2.00 | 3.00 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +7.6% | +13.5% | +15.6% |
| Net profit | +22.5% | +16.4% | +35.7% |
| EPS | +23.0% | +17.3% | – |
| Share price | – | +8.8% (2y) | +41.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 754 | 867 | 956 | 1,132 |
| Borrowings | – | 24 | 14 | 7 | 6 |
| Cash & equivalents | – | 177 | 217 | 193 | 258 |
| Total assets | – | 871 | 963 | 1,055 | 1,262 |
| Fixed assets | – | 242 | 232 | 222 | 213 |
| Capital work in progress | – | 1 | 1 | 1 | 3 |
| Investments | – | 25 | 38 | 107 | 108 |
| Receivables | – | 134 | 158 | 182 | 209 |
| Inventory | – | 231 | 205 | 198 | 246 |
| Payables | – | 73 | 57 | 58 | 75 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 13 | 121 | 113 | 157 | 133 |
| Cash from investing | 17 | -32 | -78 | -68 | -115 |
| Cash from financing | -21 | -67 | -21 | -70 | -24 |
| Capex | 48 | 31 | 21 | 19 | 24 |
| Free cash flow | -35 | 90 | 91 | 138 | 109 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 13.8% | 14.1% | 15.6% | 16.9% |
| ROCE % | – | 17.3% | 18.3% | 21.1% | 22.9% |
| Debtor days | – | 63 | 72 | 76 | 79 |
| Inventory days | – | 182 | 161 | 144 | 170 |
| Payable days | – | 57 | 45 | 42 | 52 |
| Cash conversion cycle (days) | – | 188 | 188 | 178 | 197 |
| Working capital days | – | 222 | 265 | 244 | 274 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 58.80% |
| FIIs | 5.27% |
| DIIs | 2.93% |
| of which Mutual funds | 1.49% |
| Public (non-institutions) | 33.00% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 58.59% | 58.59% | 58.59% | 58.59% | 58.59% | 58.77% | 58.77% | 58.80% |
| Promoter group | % |
|---|---|
| Suresh Kumar Poddar | 40.46% |
| Manav Poddar | 15.79% |
| Puja Poddar | 1.56% |
| Arun Bagaria | 0.77% |
| Kiran Poddar | 0.22% |
| Dolly Bagaria | 0.01% |
| Public holders above 1% | % |
|---|---|
| Envision India Fund | 1.23% |
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 1.13% |
| Vijaya S | 1.09% |
| ICICI Prudential Dividend Yield Equity Fund | 1.01% |
39,458 shareholders. Pledged: 0.00% of promoter shares.
Peers in Leather And Leather Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MAYURUNIQ | ₹3,101 cr | 15.0x | 2.7x | 19.8% | 24.5% | 24.6% | +7.6% | 0.70% |
| BIL | ₹1,369 cr | 52.9x | 2.8x | 5.5% | 10.6% | 8.9% | +19.4% | – |
| KOTIC | ₹1,236 cr | 14.4x | 5.3x | -41.8% | -8.3% | -7.1% | +165.0% | – |
| MIRZAINT | ₹359 cr | – | 0.6x | -4.0% | -3.4% | 1.5% | -6.9% | 0.02% |
| SUPERHOUSE | ₹156 cr | 19.5x | 0.3x | 1.7% | 4.8% | 6.6% | -4.0% | 0.57% |
| ARITAS | ₹99 cr | 4.2x | 1.8x | 8.7% | 9.7% | 9.0% | – | – |
| ZENITHEXPO | ₹97 cr | 331.3x | 1.1x | 0.3% | 1.3% | -4.2% | +1.3% | – |
| ANKIN | ₹90 cr | 130.2x | 3.4x | -1.9% | 0.4% | 6.0% | – | – |
| SUPTANERY | ₹79 cr | 11.0x | 0.7x | 6.4% | 7.8% | 8.5% | +3.2% | – |
| AKI | ₹56 cr | 18.6x | 0.6x | 3.6% | 4.9% | -2.3% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-21 | Dividend | Dividend - Rs 6 Per Sh |
| 2025-08-22 | Dividend | Dividend - Rs 5 Per Share |
| 2024-08-23 | Dividend | Dividend - Rs 3 Per Share |
| 2024-08-23 | Buyback | Buy Back |
| 2024-08-23 | Other | Annual General Meeting |
| 2023-08-24 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2022-07-07 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2022-02-22 | Buyback | Buyback |
| 2021-07-07 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2020-11-24 | Buyback | Buy Back |
| 2020-07-08 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2020-02-24 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2019-11-21 | Dividend | Interim Dividend - Rs 1 Per Share |
| 2019-08-19 | Dividend | Interim Dividend - Rs 0.50 Per Share |
| 2019-07-03 | Dividend | Annual General Meeting/Dividend - Rs 0.25 Per Share |
| 2019-02-21 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2018-11-20 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2018-08-28 | Dividend | Interim Dividend- Re 0.50 Per Share |
| 2018-07-04 | Dividend | Annual General Meeting/Dividend- Re 0.25 Per Share |
| 2018-02-28 | Dividend | Interim Dividend - Re 0.40 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of artificial leather: The company is in the business of manufacturing of artificial synthetic leather for both exports and domestic market
| Sector | Consumer Discretionary |
| Industry | Leather And Leather Products |
| Sub-industry | Leather And Leather Products |
| Symbol | MAYURUNIQ |
| BSE code | 522249 |
| ISIN | INE040D01038 |
| Face value | ₹5.0 |
| Incorporated | 1992-09-14 |
| Website | www.mayuruniquoters.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.