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 ₹ 2,155 Cr.
- Current Price ₹ 490
- High / Low ₹ 700 / 454
- Stock P/E 15.6
- Book Value ₹ 201
- Dividend Yield 0.61 %
- ROCE 18.8 %
- ROE 14.6 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has a low return on equity of 13.8% over last 3 years.
- Dividend payout has been low at 9.93% of profits over last 3 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.
Peer comparison
Sector: Leather Industry: Leather / Leather Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
379 | 466 | 503 | 507 | 477 | 552 | 573 | 516 | 501 | 631 | 764 | 764 | 822 | |
309 | 372 | 401 | 371 | 349 | 407 | 446 | 410 | 380 | 517 | 620 | 608 | 644 | |
Operating Profit | 69 | 94 | 102 | 136 | 127 | 145 | 128 | 107 | 120 | 114 | 144 | 156 | 178 |
OPM % | 18% | 20% | 20% | 27% | 27% | 26% | 22% | 21% | 24% | 18% | 19% | 20% | 22% |
3 | 1 | 6 | 6 | 11 | 13 | 21 | 19 | 20 | 20 | 16 | 31 | 34 | |
Interest | 2 | 4 | 3 | 3 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 2 | 2 |
Depreciation | 5 | 7 | 12 | 16 | 17 | 17 | 18 | 18 | 18 | 20 | 22 | 29 | 29 |
Profit before tax | 64 | 84 | 93 | 122 | 121 | 140 | 130 | 106 | 118 | 111 | 135 | 155 | 181 |
Tax % | 32% | 32% | 29% | 32% | 32% | 33% | 33% | 24% | 25% | 24% | 21% | 23% | |
44 | 57 | 66 | 83 | 82 | 94 | 87 | 81 | 89 | 84 | 107 | 120 | 138 | |
EPS in Rs | 10.05 | 13.12 | 15.22 | 17.83 | 17.93 | 20.76 | 19.23 | 17.79 | 19.97 | 18.92 | 24.45 | 27.20 | 31.40 |
Dividend Payout % | 24% | 18% | 20% | 20% | 6% | 8% | 17% | 22% | 10% | 11% | 8% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 15% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 6% |
3 Years: | 11% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | 12% |
3 Years: | 7% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 22 | 23 | 23 | 23 | 23 | 23 | 22 | 22 | 22 | 22 | 22 |
Reserves | 108 | 150 | 202 | 319 | 369 | 431 | 500 | 564 | 613 | 687 | 736 | 846 | 860 |
25 | 42 | 104 | 26 | 12 | 6 | 22 | 34 | 41 | 30 | 25 | 15 | 12 | |
70 | 98 | 84 | 73 | 76 | 75 | 80 | 84 | 93 | 81 | 91 | 79 | 99 | |
Total Liabilities | 213 | 300 | 411 | 441 | 480 | 535 | 625 | 705 | 769 | 820 | 874 | 962 | 993 |
55 | 98 | 136 | 135 | 128 | 132 | 124 | 161 | 194 | 220 | 241 | 232 | 224 | |
CWIP | 19 | 27 | 6 | 8 | 4 | 2 | 39 | 39 | 15 | 12 | 1 | 1 | 4 |
Investments | 14 | 10 | 76 | 97 | 124 | 156 | 194 | 172 | 212 | 160 | 144 | 198 | 221 |
126 | 166 | 193 | 201 | 224 | 244 | 267 | 333 | 348 | 428 | 488 | 532 | 543 | |
Total Assets | 213 | 300 | 411 | 441 | 480 | 535 | 625 | 705 | 769 | 820 | 874 | 962 | 993 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | 49 | 53 | 65 | 78 | 86 | 68 | 58 | 57 | 12 | 115 | 92 | |
-36 | -46 | -94 | -34 | -26 | -30 | -71 | -48 | -19 | 17 | -32 | -78 | |
8 | 0 | 53 | -44 | -46 | -50 | -3 | -7 | -37 | -21 | -66 | -21 | |
Net Cash Flow | -1 | 3 | 12 | -12 | 6 | 6 | -7 | 4 | 1 | 8 | 17 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 53 | 66 | 89 | 99 | 88 | 76 | 98 | 113 | 90 | 93 | 112 |
Inventory Days | 60 | 74 | 63 | 63 | 78 | 80 | 99 | 128 | 165 | 169 | 138 | 122 |
Days Payable | 65 | 73 | 58 | 47 | 78 | 65 | 59 | 69 | 74 | 46 | 54 | 40 |
Cash Conversion Cycle | 50 | 53 | 71 | 105 | 99 | 103 | 116 | 157 | 204 | 213 | 177 | 194 |
Working Capital Days | 39 | 42 | 57 | 81 | 96 | 95 | 103 | 134 | 168 | 181 | 152 | 192 |
ROCE % | 57% | 51% | 36% | 36% | 31% | 33% | 26% | 18% | 18% | 16% | 18% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 Feb - Transcript of Earnings Conference Call held on February 03, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3 Feb - Audio recording of Q3 FY2025 earnings conference call.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Feb - Newspaper publication - extract of un-audited standalone and consolidated financial results for quarter and nine months ended on December 31, 2024.
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Integrated Filing (Financial)
31 Jan - Integrated financial results for Q3 and nine months ended December 31, 2024.
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Announcement under Regulation 30 (LODR)-Change in Management
31 Jan - Approved financial results and key management appointments.
Annual reports
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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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Financial Year 2011
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Concalls
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Feb 2025TranscriptPPT
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Nov 2024TranscriptPPTREC
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Aug 2024TranscriptPPT
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May 2024TranscriptPPTREC
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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May 2023TranscriptPPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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Jun 2022TranscriptPPT
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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]