Mayur Uniquoters Rides Demand Upswing With Strong Q4 And Higher Payout

Nikunj Parikh May 20, 2026 360 Views

Mayur Uniquoters Limited has delivered a robust Q4 FY26 and full-year performance, powered by strong demand for PU and PVC synthetic leather across automotive, footwear and export markets. The company reported consolidated Q4 revenue of Rs 273.3 crore and net profit of Rs 59.4 crore, while recommending a higher final dividend of Rs 6 per share for FY26.

The Jaipur-based manufacturer of artificial leather and PVC vinyl approved its audited standalone and consolidated financial results for the quarter and year ended 31 March 2026. The statutory auditors have issued unmodified opinions on both, reinforcing confidence in the company’s earnings quality and internal controls.

Quarterly Numbers And Earnings Trend

For Q4 FY26, consolidated revenue from operations stood at Rs 273.35 crore, with total income at Rs 276.65 crore. The company posted consolidated profit before tax of Rs 81.23 crore and net profit of Rs 59.43 crore, reflecting healthy operating leverage and cost discipline. On a full-year basis, consolidated revenue from operations grew to Rs 967.02 crore, with net profit at Rs 191.74 crore and EPS of Rs 44.13, supported by contributions from overseas subsidiaries in the US, Europe and South Africa.

Dividend Proposal And Balance Sheet Strength

The board has recommended a final dividend of Rs 6 per equity share of face value Rs 5, aggregating to Rs 26.07 crore for FY26, subject to shareholder approval. The group’s consolidated balance sheet remains strong, with total equity of Rs 1,132.5 crore against total assets of Rs 1,261.9 crore, modest borrowings and healthy cash and equivalents of Rs 79.1 crore, providing flexibility for capex and growth investments.