Mayur Uniquoters' Q2 FY 2025-26 Quarterly Results

Result Summary

• Mayur Uniquoters Ltd reported a 7.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.5%.
• Its expenses for the quarter were up by 9.5% QoQ and 14.5% YoY.
• The net profit increased 0.3% QoQ and increased 2.5% YoY.
• The earnings per share (EPS) of Mayur Uniquoters Ltd stood at 9.4 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mayur Uniquoters Ltd is a leading manufacturer of synthetic leather, primarily catering to the automotive, footwear, and furniture industries. The company is known for its high-quality products and has a robust presence in both domestic and international markets. With a focus on innovation and sustainable development, Mayur Uniquoters has carved a niche for itself in the synthetic leather segment. However, recent major developments or strategic shifts in the company's operations are not detailed in the provided data.

Revenue

For Q2FY26, Mayur Uniquoters Ltd reported a total income of ₹253.15 crores, marking a 7.5% increase from the previous quarter's income of ₹235.44 crores. When compared to the same quarter in the previous fiscal year (Q2FY25), the revenue grew by 13.5% from ₹223.09 crores. This growth reflects a consistent upward trend in the company's revenue generation over both the quarter-over-quarter and year-over-year periods. The revenue growth indicates an expansion in its market reach or an increase in demand for its products.

Profitability

The company recorded a profit before tax of ₹55.61 crores in Q2FY26, which represents a 1.2% increase from ₹54.97 crores in Q1FY26. On a year-over-year basis, there was a 10.0% increase from ₹50.56 crores in Q2FY25. The tax expense for the quarter was ₹14.77 crores, a rise of 3.6% from the previous quarter and 37.8% from the previous year. Consequently, the profit after tax for Q2FY26 stood at ₹40.84 crores, showing a minimal increase of 0.3% from Q1FY26 and a 2.5% increase from Q2FY25. Earnings per share for Q2FY26 were ₹9.40, slightly up from ₹9.37 in the previous quarter and 3.4% higher than ₹9.09 a year ago.

Operating Metrics

The total expenses for Q2FY26 amounted to ₹197.55 crores, reflecting a 9.5% increase from ₹180.46 crores in Q1FY26 and a 14.5% rise from ₹172.53 crores in Q2FY25. This increase in expenses is more pronounced than the revenue growth, which may impact the operating margin. The company's operating performance is evidenced by the changes in tax and profit metrics, with a notable increase in the tax expense both quarterly and annually. The slight increase in profit after tax and earnings per share suggests stable operating efficiency amidst rising expenses.