MAYURUNIQ
Mayur Uniquoters Ltd
Synthetic leather manufacturer for automotive interiors and exports
Consumer Discretionary›Consumer Durables›Consumer Durables›Leather And Leather Products
mayuruniquoters.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹794.20
Market cap
3,450 Cr
Stock P/E
16.7
P/B
3.05
Dividend yield
0.6%
ROE (FY26)
16.9%
ROCE (FY26)
22.9%
Operating margin (FY26)
21.2%
Debt / equity (FY26)
0.0055
OCF / EBITDA (FY26)
56.7%
OCF / EBITDA (3Y)
68.9%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
Mayur Uniquoters makes synthetic leather (PVC and PU based) and sells it to automotive makers, footwear and furnishing customers in India and to export customers, including automotive makers in the US and South Africa.
Company snapshot
1stBy market cap
Ranked among 7 companies in Leather And Leather Products.
What we see
Positives
- ✓Net margin of 19.8% — the business keeps a healthy share of every rupee it earns.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 203 Cr | 178 Cr | 221 Cr | 213 Cr | 208 Cr | 208 Cr | 251 Cr | 216 Cr | 240 Cr | 237 Cr | 273 Cr | 269 Cr |
| Operating expenses (approx.) | 160 Cr | 143 Cr | 180 Cr | 165 Cr | 165 Cr | 162 Cr | 198 Cr | 173 Cr | 190 Cr | 182 Cr | 188 Cr | 210 Cr |
| EBITDA | 43 Cr | 35 Cr | 41 Cr | 48 Cr | 43 Cr | 47 Cr | 53 Cr | 43 Cr | 50 Cr | 55 Cr | 86 Cr | 59 Cr |
| OPM % | 21.1% | 19.8% | 18.7% | 22.6% | 20.7% | 22.4% | 21.2% | 19.9% | 21.0% | 23.4% | 31.4% | 21.9% |
| Other income | 8 Cr | 9 Cr | 7 Cr | 11 Cr | 15 Cr | 3 Cr | 12 Cr | 20 Cr | 13 Cr | 19 Cr | 3 Cr | 23 Cr |
| Interest | 0.65 Cr | 0.58 Cr | 0.68 Cr | 0.49 Cr | 0.50 Cr | 0.40 Cr | 0.43 Cr | 0.33 Cr | 0.33 Cr | 0.28 Cr | 0.46 Cr | 0.26 Cr |
| Depreciation | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr | 8 Cr |
| Profit before tax | 43 Cr | 36 Cr | 40 Cr | 51 Cr | 51 Cr | 42 Cr | 57 Cr | 55 Cr | 56 Cr | 67 Cr | 81 Cr | 74 Cr |
| Tax % | 24.1% | 25.1% | 19.3% | 27.2% | 21.2% | 27.9% | 27.1% | 25.9% | 26.6% | 24.5% | 26.8% | 24.3% |
| Net profit | 32 Cr | 27 Cr | 32 Cr | 37 Cr | 40 Cr | 31 Cr | 42 Cr | 41 Cr | 41 Cr | 51 Cr | 59 Cr | 56 Cr |
| EPS (₹) | ₹7.38 | ₹6.22 | ₹7.32 | ₹8.50 | ₹9.09 | ₹7.05 | ₹9.54 | ₹9.37 | ₹9.40 | ₹11.68 | ₹13.68 | ₹12.92 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 520 Cr | 581 Cr | 591 Cr | 528 Cr | 513 Cr | 656 Cr | 776 Cr | 803 Cr | 880 Cr | 967 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 394 Cr | 431 Cr | 462 Cr | 424 Cr | 391 Cr | 531 Cr | 637 Cr | 644 Cr | 689 Cr | 732 Cr | Sign in free for the trailing twelve months |
| EBITDA | 126 Cr | 150 Cr | 129 Cr | 104 Cr | 122 Cr | 126 Cr | 139 Cr | 159 Cr | 191 Cr | 235 Cr | Sign in free for the trailing twelve months |
| OPM % | 24.3% | 25.8% | 21.9% | 19.7% | 23.7% | 19.1% | 17.9% | 19.8% | 21.7% | 24.3% | Sign in free for the trailing twelve months |
| Other income | 11 Cr | 13 Cr | 22 Cr | 20 Cr | 20 Cr | 20 Cr | 18 Cr | 32 Cr | 41 Cr | 55 Cr | Sign in free for the trailing twelve months |
| Interest | 1 Cr | 1 Cr | 0.87 Cr | 2 Cr | 4 Cr | 2 Cr | 2 Cr | 3 Cr | 2 Cr | 1 Cr | Sign in free for the trailing twelve months |
| Depreciation | 17 Cr | 17 Cr | 18 Cr | 18 Cr | 18 Cr | 20 Cr | 22 Cr | 29 Cr | 29 Cr | 29 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 120 Cr | 145 Cr | 132 Cr | 104 Cr | 120 Cr | 123 Cr | 132 Cr | 159 Cr | 201 Cr | 259 Cr | Sign in free for the trailing twelve months |
| Tax % | 31.9% | 33.1% | 32.2% | 23.0% | 24.9% | 23.4% | 20.9% | 22.9% | 25.8% | 26.0% | Sign in free for the trailing twelve months |
| Net profit | 82 Cr | 97 Cr | 90 Cr | 80 Cr | 90 Cr | 94 Cr | 104 Cr | 122 Cr | 149 Cr | 192 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹17.69 | ₹21.19 | ₹19.76 | ₹17.60 | ₹19.86 | ₹21.17 | ₹23.69 | ₹27.86 | ₹34.18 | ₹44.13 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 5.5% | 9.6% | 8.7% | 7.4% | 8.8% | 11.3% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 23 Cr | 23 Cr | 23 Cr | 23 Cr | 22 Cr | 22 Cr | 22 Cr | 22 Cr | 22 Cr | 22 Cr |
| Reserves | 364 Cr | 427 Cr | 495 Cr | 555 Cr | 601 Cr | 685 Cr | 732 Cr | 845 Cr | 934 Cr | 1,111 Cr |
| Borrowings | 7 Cr | 2 Cr | 19 Cr | 26 Cr | 34 Cr | 29 Cr | 24 Cr | 14 Cr | 7 Cr | 6 Cr |
| Other liabilities | 80 Cr | 81 Cr | 83 Cr | 92 Cr | 100 Cr | 86 Cr | 94 Cr | 82 Cr | 92 Cr | 123 Cr |
| Total liabilities | 474 Cr | 532 Cr | 620 Cr | 696 Cr | 757 Cr | 822 Cr | 871 Cr | 963 Cr | 1,055 Cr | 1,262 Cr |
| Fixed assets (net) | 127 Cr | 131 Cr | 124 Cr | 161 Cr | 194 Cr | 220 Cr | 242 Cr | 232 Cr | 222 Cr | 213 Cr |
| CWIP | 4 Cr | 2 Cr | 39 Cr | 39 Cr | 15 Cr | 12 Cr | 1 Cr | 1 Cr | 0.82 Cr | 3 Cr |
| Investments | 124 Cr | 156 Cr | 187 Cr | 165 Cr | 205 Cr | 154 Cr | 132 Cr | 186 Cr | 212 Cr | 285 Cr |
| Loans & advances | — | — | 0.04 Cr | 0.05 Cr | 0.04 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr |
| Inventories | 83 Cr | 96 Cr | 123 Cr | 135 Cr | 160 Cr | 222 Cr | 231 Cr | 205 Cr | 198 Cr | 246 Cr |
| Trade receivables | 95 Cr | 103 Cr | 89 Cr | 97 Cr | 113 Cr | 122 Cr | 134 Cr | 158 Cr | 182 Cr | 209 Cr |
| Cash & bank | 15 Cr | 22 Cr | 14 Cr | 23 Cr | 19 Cr | 28 Cr | 51 Cr | 64 Cr | 83 Cr | 79 Cr |
| Other assets | 25 Cr | 21 Cr | 44 Cr | 76 Cr | 50 Cr | 65 Cr | 82 Cr | 116 Cr | 156 Cr | 227 Cr |
| Total assets | 474 Cr | 532 Cr | 620 Cr | 696 Cr | 757 Cr | 822 Cr | 871 Cr | 963 Cr | 1,055 Cr | 1,262 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 75 Cr | 87 Cr | 63 Cr | 63 Cr | 55 Cr | 13 Cr | 121 Cr | 113 Cr | 157 Cr | 133 Cr |
| Cash from investing | -26 Cr | -30 Cr | -68 Cr | -48 Cr | -20 Cr | 17 Cr | -32 Cr | -78 Cr | -68 Cr | -115 Cr |
| Cash from financing | -46 Cr | -50 Cr | -3 Cr | -7 Cr | -38 Cr | -21 Cr | -67 Cr | -21 Cr | -70 Cr | -24 Cr |
| Net cash flow | 3 Cr | 7 Cr | -8 Cr | 9 Cr | -3 Cr | 9 Cr | 23 Cr | 14 Cr | 19 Cr | -4 Cr |
| Free cash flow (OCF − Capex) | 64 Cr | 79 Cr | 16 Cr | 14 Cr | 27 Cr | -35 Cr | 90 Cr | 91 Cr | 138 Cr | 109 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 30.8% | 32.4% | 24.8% | 17.4% | 18.7% | 17.1% | 17.3% | 18.3% | 21.1% | 22.9% |
| ROE % | 21.1% | 21.6% | 17.3% | 13.8% | 14.4% | 13.3% | 13.8% | 14.1% | 15.6% | 16.9% |
| Debtor days | 67 | 65 | 55 | 67 | 80 | 68 | 63 | 72 | 75 | 79 |
| Inventory days | 112 | 108 | 124 | 161 | 203 | 201 | 175 | 169 | 144 | 172 |
| Days payable | 79 | 68 | 60 | 73 | 76 | 50 | 55 | 47 | 42 | 52 |
| Cash conversion cycle | 100 | 104 | 119 | 155 | 207 | 219 | 182 | 194 | 177 | 199 |
| OCF / EBITDA % | 59.5% | 57.9% | 48.5% | 60.9% | 44.8% | 10.5% | 87.4% | 70.9% | 82.1% | 56.7% |
| OCF / EBITDA % (3 years) | — | — | 55.4% | 55.5% | 50.9% | 37.3% | 48.9% | 58.3% | 80.0% | 68.9% |
| Debt / equity | 0.02 | 0.0042 | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.02 | 0.0078 | 0.0055 |
| Current ratio | 4.29 | 5.21 | 5.00 | 4.58 | 4.12 | 5.66 | 5.73 | 8.07 | 7.77 | 7.45 |
| Net debt / EBITDA | -0.06 | — | 0.04 | 0.03 | 0.12 | 0.0079 | -0.19 | -0.32 | -0.40 | -0.31 |