Mayur Uniquoters Share Price

Mayur Uniquoters Limited (Mayur Uniquoters) is a leading synthetic leather manufacturer in India, primarily engaged in the production and sale of coated textile fabrics, artificial leather, PVC Vinyl, and PU synthetic leather. The company supplies these products to the footwear, furnishings, automotive original equipment manufacturing (OEM), automotive replacement market, and automotive exports sectors. The Mayur Uniquoters share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Mayur Uniquoters stock price often mirrors shifts in consumer spending patterns, demand from the automotive and footwear sectors, and investor views on the plastics industry’s growth prospects. Factors such as the pace of capacity expansion, competitive intensity from other synthetic leather manufacturers, raw material price fluctuations, and government policies on import substitution influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Mayur Uniquoters stock price movements.

Mayur Uniquoters live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Mayur Uniquoters live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Mayur Uniquoters share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Mayur Uniquoters Limited Company Fundamentals

a. Company Background

Mayur Uniquoters Limited was incorporated in 1992. The company’s registered office is located in Jaipur, Rajasthan. The Company is promoted by the Mayur Group and was originally incorporated on September 14, 1992. The company’s primary activity involves the manufacturing of coated textile fabrics, artificial leather and PVC Vinyl. It initially focused on establishing manufacturing capabilities for synthetic leather before gradually expanding into PU synthetic leather and other specialized products. Mayur Uniquoters supplies synthetic leather products to the footwear, furnishings, automotive OEM, automotive replacement, and automotive export markets. The company has played a pivotal role in promoting high-quality synthetic leather in India. Over the years, Mayur Uniquoters has significantly expanded its manufacturing footprint, now operating three manufacturing units at Jaipur in Rajasthan, with an additional unit at Morena in Madhya Pradesh. The company initiated PU artificial leather production at its Morena plant in 2024, with an initial installed capacity of 5 million linear meters per annum, scalable to 20 million linear meters per annum. It operates in a competitive environment, with quality certifications and customer relationships governing its market position. The company has consistently focused on enhancing its product quality and expanding its client list to include domestic and international auto markers and footwear companies. Clients include Honda, KIA, Mercedes, BMW, Ford USA, Bata, Paragon, and Relaxo. The company has consistently focused on enhancing its capabilities to meet the growing demand for synthetic leather products.

b. Product Lines

• PVC vinyl and PU synthetic leather for footwear applications including shoes, sandals, insoles, and uppers

• Automotive synthetic leather for original equipment manufacturing (OEM) used in seats, door trims, steering wheel covers, and other interior components

• Artificial leather/foam leather for the automotive replacement market

• Coated textile fabrics for the automotive export market

• Upholstery for sofas, chairs, cushion covers, and bean bags

• PU artificial leather produced at the Morena plant in Madhya Pradesh

• Polyvinyl Chloride (PVC) synthetic leather for various industrial applications

• Specialty synthetic leather for leather goods and garments

• Coated fabrics for furnishings and fashion items including apparel

• PU/PVC Synthetic Leather under a single operating segment

c. Company Revenue Model

• Primary revenue from the manufacturing and sale of PU/PVC Synthetic Leather across footwear, furnishings, automotive OEM, automotive replacement, and automotive export markets

• Volume-driven revenue based on quantity of synthetic leather produced and sold, with the company manufacturing 400+ variants of artificial leather from PVC-coated and PU-coated fabric

• Pricing determined by raw material costs (PVC resin, plasticizers, PU resins, base fabrics), energy costs, and market demand dynamics

• Domestic market contributes approximately 70% of revenues, with exports contributing the remaining 30%, and bulk of export revenue coming from auto OEMs

• Automotive segment accounts for approximately 54% of revenue, while footwear sector contributes around 25% of business

• Expanding product portfolio with new capacity at Morena plant for PU artificial leather (5 million linear meters per annum, scalable to 20 million) contributing to higher-value revenue streams

• Focus on increasing exports to international auto makers like Mercedes, BMW, and Ford USA to drive margin-accretive growth

• Revenue from both domestic sales in India and export markets including the United States and the United Kingdom

• Seasonal variations in footwear and automotive demand affecting revenue patterns throughout the year

• Government import policies and anti-dumping duties on Chinese synthetic leather influencing revenue stability

d. Geographic Presence

• Headquartered in Jaipur, Rajasthan with registered office at Village Jaitpura, Jaipur – Sikar Road, Tehsil-Chomu, Jaipur, Rajasthan – 303704

• Three manufacturing units at Jaipur in Rajasthan serving as primary production facilities

• Additional manufacturing unit at Morena, Madhya Pradesh for PU artificial leather production, established in 2024

• Strong domestic presence across India serving footwear manufacturers, automotive OEMs, and furnishings companies

• International presence through exports to various countries including the United States and the United Kingdom

• Bulk of export revenue from auto OEMs, with the company supplying to international auto markers like Mercedes, BMW, and Ford USA

• Operations primarily concentrated in India with manufacturing based in Rajasthan and Madhya Pradesh

e. Key Milestones

• 1992: Incorporated as Mayur Uniquoters Limited on September 14, 1992

• 2005: Initial Public Offering (IPO) on May 11, 2005

• 2014: Company regularly buying back its stock, with a buyback in FY22

• 2024: Initiated PU artificial leather production at Morena plant with initial installed capacity of 5 million linear meters per annum

• 2024: Stock reached its all-time high of 700.00 INR on August 2, 2024

• 2025: Revenue surpassed 880 crore in FY2025

f. Industry Perspective

Mayur Uniquoters Limited operates in the synthetic leather and coated textile fabrics industry, which is part of India’s plastics and textile manufacturing sector. Globally, the synthetic leather market was valued at approximately USD 40 billion in 2024, with the Asia-Pacific region being the largest producer and consumer, accounting for around 60% of global demand. The global synthetic leather market is projected to grow at a CAGR of approximately 7.5% from 2025 to 2030, driven by increasing demand for vegan and cruelty-free alternatives to natural leather. In India, the synthetic leather market is poised for substantial growth as the nation experiences rising disposable incomes and changing consumer preferences. According to industry reports, the Indian synthetic leather market was valued at USD 3.5 billion in 2024 and is projected to reach USD 7.2 billion by 2028, growing at a CAGR of 15-16% during this period. The footwear segment constitutes approximately 45% of the synthetic leather market in India, while the automotive segment accounts for 25-30%. The government’s focus on ‘Make in India’ and the Production Linked Incentive (PLI) scheme for footwear and leather products has created significant opportunities for domestic manufacturers. India’s automotive industry, projected to reach USD 300 billion by 2026, is driving demand for high-quality synthetic leather for vehicle interiors. The footwear market in India is the second-largest in the world, with production of 2.2 billion pairs annually. Demand is driven by increasing vegan awareness (plant-based leather demand growing at 25% annually), rising automotive production (expected to reach 10 million units by 2027), and growth in organized retail (targeting 25% penetration by 2026). Key challenges include raw material price volatility, import competition from China and Vietnam, and environmental concerns regarding PVC-based products.

Mayur Uniquoters Limited Stock Market Presence: Listings & Index Representation

Mayur Uniquoters is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol MAYURUNIQ (NSE Code MAYURUNIQEQ) and on the Bombay Stock Exchange (BSE) with the scrip code 522249. Its listing on both exchanges ensures that the Mayur Uniquoters price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company was listed on the NSE and BSE on May 11, 2005 through an initial public offering. The company forms part of several benchmark indices that represent broad market segments. Mayur Uniquoters is included in indices such as BSE SmallCap, BSE AllCap, BSE 1000, BSE Next 250 Microcap, and BSE Consumer Durables on the BSE. Being represented in multiple indices enhances the visibility and liquidity of the Mayur Uniquoters price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s synthetic leather and plastics landscape. The inclusion of Mayur Uniquoters in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Mayur Uniquoters price to corporate and industry developments. The company’s ISIN code is INE040D01038 and face value is ₹5 per share.

Mayur Uniquoters Limited Stock Performance and Share Price History

The Mayur Uniquoters price has exhibited significant volatility over the past decade, shaped by the company’s leadership in India’s synthetic leather sector and broader consumer goods industry cycles. The Mayur Uniquoters share price recorded a positive total return of approximately 1.91% over the last 1 year and a positive return of 6.56% over the last 3 years, underperforming broader market indices but reflecting moderate resilience. The Mayur Uniquoters share price delivered a 10-year total return showing a CAGR of 31.33% in market cap growth, demonstrating substantial long-term wealth creation. The Mayur Uniquoters share price reached a 52-week high of 629.90 and a 52-week low of 441.00, indicating a wide trading range and substantial price fluctuations. The Mayur Uniquoters share price recorded its all-time high of 700.00 on August 2, 2024, while the subsequent period has seen the Mayur Uniquoters stock price correct from its peak levels. The Mayur Uniquoters share price has shown a 1-month return of approximately 3.94% and a 3-month return of -3.43%, indicating recent consolidation.

The Mayur Uniquoters stock price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 21.9% year-on-year growth in net profit to ₹149.29 crore in FY2025, the Mayur Uniquoters stock price showed a positive reaction. The Mayur Uniquoters share price has shown a pattern of strong positive momentum in years when the company’s earnings exceeded expectations, while periods of earnings moderation have contributed to consolidation in the Mayur Uniquoters stock price. Corporate developments, including strategic announcements such as the expansion into PU artificial leather production at the Morena plant, have also influenced short-term fluctuations in the Mayur Uniquoters price. The Mayur Uniquoters share price has shown a 5-year return of 83.34% according to some sources, reflecting the robust growth in the stock. The Mayur Uniquoters share price reached its 52-week high of 629.90 before declining to its 52-week low of 441.00, reflecting the volatility inherent in the synthetic leather distribution space. The Mayur Uniquoters share price has shown a year-to-date return of -9.0% as of March 2026, indicating some pressure in the current fiscal year. Comprehending these patterns in the Mayur Uniquoters share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Mayur Uniquoters stock price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The Mayur Uniquoters price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2024 with a stock price reaching an all-time high of 700.00 in August 2024, while the worst year was 2019 with a market cap decline of 46.32%. Historically, the Mayur Uniquoters share price has delivered strong performance in years following major capacity expansions. In terms of annual performance, the Mayur Uniquoters share price delivered its strongest annual returns during the 2020-2021 period when the market cap grew from ₹14.05 billion to ₹24.38 billion (73.59% growth). The stock recorded positive annual returns in 2024 (market cap growth of 36.87%), 2023, and 2021, while recording negative returns in 2022 (-25.76%) and 2019 (-46.32%). The Mayur Uniquoters share price has demonstrated that the stock tends to perform better in periods of strong consumer demand and supportive government policies, while underperforming during phases of raw material inflation and intense competition. The Mayur Uniquoters stock price has shown a 1-year return of 1.91% to 21.89% according to some sources. The Mayur Uniquoters price has shown continued moderate performance in the current trading period, reflecting the steady demand in the footwear and automotive sectors.

Mayur Uniquoters Limited Investor Relevance and Role in Portfolio

Mayur Uniquoters holds a significant position for portfolio investors who seek exposure to India’s synthetic leather and consumer goods sector with a focus on the footwear and automotive segments. The company’s strong presence in PU/PVC synthetic leather, artificial leather, and coated textile fabrics aligns it with investment strategies that value manufacturing excellence and the growth of the consumer goods sector. The Mayur Uniquoters share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor footwear demand indicators and capacity expansion factors when evaluating allocation decisions.

Institutional stakeholders play a moderate role in Mayur Uniquoters’ ownership profile, with notable long term investment entities such as promoters holding 58.59%, Foreign Institutional Investors (FIIs) holding 3.23-3.24%, Domestic Institutional Investors (DIIs) holding 1.16%, and Mutual Funds holding 2.16% among key shareholders identified in institutional holdings data as of December 2025. Mutual fund holders of Mayur Uniquoters encompass those that seek synthetic leather and consumer goods exposure, including ICICI Prudential Mutual Fund (ICICI Prudential Dividend Yield Equity Fund), Bandhan Mutual Fund (Bandhan Small Cap Fund, Bandhan Transportation and Logistics Fund), Kotak Mahindra Mutual Fund (Kotak Rural Opportunities Fund), Quantum Mutual Fund (Small Cap Fund), and DFA Investment Dimensions Group Inc. (Emerging Markets Core Equity 2 Portfolio, Emerging Markets Small Cap Series). These investors represent a blend of domestic and international perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

Based on data, Mayur Uniquoters exhibits varying levels of beta and volatility across different measurement periods. The long-term beta stands at 0.06 to 1.1895 depending on the measurement period, indicating that the stock is generally less volatile than the broader market over an extended period. Based on data, the daily-one month beta is 1.17, suggesting higher sensitivity than the market, while the daily-three month beta shows moderate correlation. The weekly-one year beta is 0.54, showing below-market sensitivity, while the weekly-two year beta shows moderate fluctuations. Based on data, the 2 week-two year range beta stands at 0.54, and the monthly-two year beta continues to show low correlation. Supporting statistics include mean values across different periods and standard deviations ranging from moderate levels. The weekly volatility is approximately 2.31% which has been stable over the past year. Overall, Mayur Uniquoters demonstrates a low to moderate volatility profile with beta values suggesting the stock tends to move with less volatility compared to broader market direction.

Mayur Uniquoters Limited Sectoral Relevance and Peer Positioning

The sector relevance of Mayur Uniquoters is anchored in its role within the broader Indian synthetic leather and coated textile fabrics industry, where it competes with other plastics and textile manufacturers. As part of this industry, the company’s strategic positioning connects PU/PVC synthetic leather for footwear, furnishings, automotive OEM, and automotive replacement applications. Competitors in the synthetic leather and plastics segment include companies such as Arrow Greentech Limited, Avro India Limited, AVSL Industries Limited, Axel Polymers Limited, Biopac India Corporation Limited, Brand Concepts Limited, Bright Brothers Limited, Deep Polymers Limited, Dhunseri Ventures Limited, East India Drums and Barrels Manufacturing Limited, Fenoplast Limited, Fiberweb (India) Limited, Gothi Plascon (India) Limited, Innovative Tech Pack Limited, Jasch Industries Limited, KG Petrochem Limited, and Kingfa Science & Technology (India) Limited. Firms with parallels in either product portfolio scale or customer reach are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Mayur Uniquoters P/E ratio have shown variations over different periods. The mean historical PE Ratio over the last ten years is 18.16, with the current 15.13 PE Ratio having changed 8.23% with respect to the historical average. Mayur Uniquoters P/E ratio decreased in 2022 (to 15.3x, -34.0%) and 2025 (to 14.7x, -16.7%) and increased in 2021 (to 23.2x, +157.6%), 2023 (to 17.5x, +13.8%) and 2024 (to 17.6x, +1.0%). Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction.

Mayur Uniquoters earnings have shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from capacity expansion and increasing customer base supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. Mayur Uniquoters earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. Mayur Uniquoters market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving synthetic leather market.

Over years, the Mayur Uniquoters market cap has followed a pattern of strong growth followed by moderation. From fiscal year 2014 onwards, the company’s market cap showed an increasing trend, reflecting strong investor confidence. The market cap increased from ₹18.57 billion in 2014 to a peak of ₹26.43 billion in 2024, representing a total increase of 19,707.68% since May 11, 2005, at a compound annual growth rate of 31.33%. The market cap has shown a compound annual growth rate (CAGR) of 2.02% from 2014 to recent periods. This increase mirrors the rise in the Mayur Uniquoters share price and the broader performance of the plastics sector relative to broader market indices.

Mayur Uniquoters earnings over the past ten years has been characterised by a period of consistent growth. Net income showed a generally increasing trend, with reported net profit rising from ₹80 crore in 2020 to ₹90 crore in 2021, ₹94 crore in 2022, ₹104 crore in 2023, ₹122 crore in 2024, and reaching a record high of ₹149.29 crore in 2025. In FY2025, profit amounted to ₹149.29 crore, a 21.9% increase from ₹122.47 crore in FY2024. This recent earnings growth reflects the impact of volume expansion, product mix improvement, and operational efficiencies on the company’s profitability. The company has delivered good profit growth over the last 5 years with a CAGR of approximately 17.6%.

Mayur Uniquoters EPS has shown an increasing trend over the majority of the past decade, indicating a strong financial track record. The diluted EPS growth rate has shown variation, with EPS of ₹17.60 in 2020, ₹19.86 in 2021, ₹21.17 in 2022, ₹23.69 in 2023, ₹27.86 in 2024, and ₹34.36 in 2025. The year-on-year growth rates show 12.8% growth in 2021, 6.6% growth in 2022, 11.9% growth in 2023, 17.5% growth in 2024, and 23.3% growth in 2025. Over a ten-year period, the company demonstrated consistent improvement in EPS, with average earnings per share growth of approximately 12.1% per year. In recent years, EPS showed a pattern of accelerated growth, with TTM EPS at ₹34.36 to ₹40.8 as of recent data, reflecting the continued positive momentum. The highest EPS growth rates coincided with strong footwear and automotive demand and stable raw material costs.

The Mayur Uniquoters P/E ratio has shown fluctuations over the ten-year period. At the end of recent fiscal years, the P/E ratio varied, with 2016 at 24.20, 2018 at 22.73, 2020 at 8.52, 2021 at 20.98, 2022 at 16.91, 2023 at 17.73, 2024 at 17.30, and 2025 at 14.05. The mean historical P/E ratio over the last ten years is 18.16. The current P/E ratio stands at 15.13 compared to the historical average, reflecting that investor expectations are adjusting to near-term earnings headwinds. The Mayur Uniquoters share price has been influenced by these valuation metrics. The Mayur Uniquoters stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

Mayur Uniquoters Limited is a leading synthetic leather manufacturer listed on both the NSE and BSE, where the Mayur Uniquoters share price reflects footwear demand cycles, automotive production trends, and raw material price movements within the plastics sector. Its representation in multiple stock indices supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader synthetic leather industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s synthetic leather market.