MAYURUNIQConsumer Discretionary

Mayur Uniquoters Ltd

Leather And Leather Products · ISIN INE040D01038 · BSE 522249 · NSE EQ · FV ₹5
Last price
₹750
+1.19%today
What this company does

Mayur Uniquoters Ltd operates in Leather And Leather Products, part of the Consumer Discretionary sector. It booked ₹269 cr of revenue in its latest quarter (Q1 FY27) and kept 20.8% of sales as profit. It is the largest of 6 Leather And Leather Products companies we track, by market value.

Their stated vision

is to be preferred supplier to automotive, world has achieved during the post-pandemic revival in footwear and leather goods to the leading OEM’s in the the last two years.

In the report:
74out of 100
Equitytale Health Score
Solid

Healthier than 74% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 63–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
50

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet94

How much it owes, and whether earnings cover the interest

Cash quality56

Whether reported profit actually arrives as cash

Growth & consistency73

Whether sales and profit have grown, and how steadily

Valuation32

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 21% net margin
Sales up 25% vs last year
Profit up 38% vs last year
Promoters hold 59%
No promoter shares pledged
Strong 20% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in MAYURUNIQ?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The slider starts at 10%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹750 +1.19%
latest close · 2026-09-17
1-year return
+58.7%
52-wk low ₹31952-wk high ₹838
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.5Low
LowAverageHigh
P/B ratio2.88Moderate
Below bookModerateHigh
EV / EBITDA9.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.8%Strong
WeakFairStrong ▸15%
Return on capital25.9%Strong
WeakFairStrong
Net margin20.8%Strong
ThinDecentStrong
EBITDA margin30.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover287.7×Strong
RiskyOkayStrong ▸5×
Current ratio7.45Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,259 cr
Book value
₹261
EPS
₹12.92
latest quarter
Net debt
₹-73 cr
more cash than debt
Enterprise value
₹3,186 cr
EBITDA
₹328 cr
annualised
EBIT
₹298 cr
annualised
Operating margin
27.6%
Return on assets
17.8%
Earnings yield
6.89%
P/S
3.03
Sales / share
₹247.8
Tax rate
24.3%
Face value
₹5
Shares
4.3 cr
Working capital
₹727 cr
Current assets
₹839 cr
Current liabilities
₹113 cr
Delivery %
55.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹400 vs market price ₹750 — price is 88% above it
Safety cushion-87.5%(target ≥ +20%)
Models span ₹301₹464, midpoint ₹400
Model ₹400
Price ₹750
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹269 cr
Other Income₹23 cr
Total Income₹292 cr
Cost of Materials₹147 cr
Purchases of Stock-in-Trade₹3 cr
Inventory Change (±)₹3 cr
Employee Benefit Expense₹15 cr
Finance Costs₹25.9 L
Depreciation & Amortisation₹8 cr
Other Expenses₹41 cr
Total Expenses₹218 cr
Profit before Tax₹74 cr
Tax Expense₹18 cr
Net Profit₹56 cr
Net margin on total income19.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹154 cr52.7%
Employee benefit expense₹15 cr5.2%
Finance costs₹25.9 L0.1%
Depreciation & amortisation₹8 cr2.6%
Other expenses₹41 cr14.1%
Tax expense₹18 cr6.2%
Profit for the period₹56 cr19.2%
Total income ₹292 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue237 cr273 cr269 cr
Total income257 cr277 cr292 cr
Expenses190 cr195 cr218 cr
Profit before tax67 cr81 cr74 cr
Tax16 cr22 cr18 cr
Net profit (owners' share)51 cr59 cr56 cr
Net margin (owners' share, on revenue)21.4%21.7%20.8%
EPS (₹)11.6813.6812.92
YoY (latest quarter): total income +24.1% · net profit +37.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,262 cr
Shareholder equity
₹1,133 cr
parent shareholders
Total debt
₹6 cr
Cash
₹79 cr
Cash flow · H1 FY26
Operating
₹83 cr
Investing
₹-25 cr
Financing
₹-23 cr
Peer comparison
Leather And Leather Products · by market value
CompanyPriceMarket capP/E
Mayur Uniquoters Ltdthis company₹750₹3,259 cr14.5
Bhartiya International Limited₹1,023₹1,372 cr19.4
Mirza International Limited₹30₹408 cr
Superhouse Limited₹168₹180 cr10.2
Zenith Exports Limited₹197₹106 cr
AKI India Limited₹6₹60 cr29.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.80%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹6
ex 21 Aug 2026
ActionDetailEx-date
Dividend₹6 / share21 Aug 2026
Dividend₹5 / share22 Aug 2025
Dividend₹3 / share23 Aug 2024
BuybackBuy Back of Shares23 Aug 2024
Dividend₹2 / share24 Aug 2023
Dividend₹2 / share7 Jul 2022
Who owns it · 2026-06-30
No pledge
Promoter
58.8%
FII / Foreign
4.8%
DII / Domestic
3.1%
Retail / others
33.3%
Promoter stake up 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtKIRAN PODDAR · Promoters9,068 · ₹46.7 L27 Mar 26
BoughtKIRAN PODDAR · Promoters3,036 · ₹16.1 L25 Mar 26
BoughtKIRAN PODDAR · Promoters1,000 · ₹5.1 L24 Mar 26
Bulk / block deals
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.11 L @ ₹682.0220 May 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.11 L @ ₹681.620 May 26
short · NSE6027 Sep 24
Stake changes
BoughtKiran Poddar · promoter→ 0.19% · 9,06827 Mar 26
BoughtKiran Poddar · promoter→ 0.17% · 3,03625 Mar 26
BoughtKiran Poddar · promoter→ 0.16% · 1,00024 Mar 26
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 6 Sep 2026
See the official result
1
APPROVAL OF RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MRS. PUJA PODDAR, PRESIDENT-HR AND ADMINISTRATION, SENIOR MANAGEMENT PERSONNEL, FOR HOLDING AN OFFICE OR PLACE OF PROFIT IN THE COMPANY
Promoters had a personal stake in this
Backed by 37% of shareholders other than promotersneeded 50%
9.71 L votes for, 16.48 L against · 77% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 58.8% between them · as of 2026-06-30
SURESH KUMAR PODDAR40.46%
MANAV PODDAR15.79%
PUJA PODDAR1.56%
ARUN BAGARIA0.77%
KIRAN PODDAR0.19%
DOLLY BAGARIA0.01%
Business done with them
FY2025 · 6 of the group
The company paid ₹29 cr to companies in the promoter group last year — about 3.3% of its ₹880 cr revenue.
Suresh Kumar Poddar
Other payments to them · Dividend Paid, Purchase of freehold land
also owns 40.46% of the company
₹20 cr
company paid
Manav Poddar
Other payments to them · Dividend Paid
also owns 15.79% of the company
₹8 cr
company paid
Puja Poddar
Other payments to them · Dividend Paid
also owns 1.56% of the company
₹77.2 L
company paid
Arun Bagaria
Other payments to them · Dividend Paid
also owns 0.77% of the company
₹14.5 L
company paid
Kiran Poddar
Other payments to them · Dividend Paid, Purchase of freehold land
also owns 0.19% of the company
₹1.1 L
company paid
Dolly Bagaria
Other payments to them · Dividend Paid
also owns 0.01% of the company
₹0.64 L
company paid

The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.