Mayur Leather

Which are the latest news on Mayur Leather?

Why is Mayur Leather Products Ltd falling/rising?

As of 20-Jun, Mayur Leather Products Ltd's stock price has risen to Rs 23.88, reflecting an increase of 8.64%. The stock has surged by 33.93% over the past week, outperforming the Sensex, and is currently showing strong bullish momentum despite a significant drop in investor participation.

As of 20-Jun, Mayur Leather Products Ltd is experiencing a rise in its stock price, currently at Rs 23.88, which reflects an increase of 1.9 or 8.64%. This upward movement can be attributed to several factors. Over the past week, the stock has surged by 33.93%, significantly outperforming the Sensex, which only increased by 1.69% during the same period. Additionally, the stock has shown a strong performance over the last five days, gaining 34.55% in returns, indicating a consistent upward trend.<BR><BR>Today, the stock opened with a gain of 4.55% and reached an intraday high of Rs 23.99, showcasing strong buying interest. Furthermore, Mayur Leather is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive technical indicator suggesting bullish momentum.<BR><BR>Despite high volatility, with an intraday fluctuation of 5.4%, the overall sentiment remains positive as the stock has outperformed its sector by 9.27%. However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 83.98% against the 5-day average, which could indicate some caution among investors. Nonetheless, the overall performance metrics suggest that the stock is currently on an upward trajectory.

How big is Mayur Leather?

As of 10th June, Mayur Leather Products Ltd has a market capitalization of 9.00 Cr, with net sales of 0.00 Cr and a net profit of 1.10 Cr over the latest four quarters. Shareholder's funds are valued at 1.96 Cr, and total assets amount to 12.63 Cr.

As of 10th June, <BR><BR>Market Cap: Mayur Leather Products Ltd has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period is 1.10 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 1.96 Cr, and Total Assets amount to 12.63 Cr.

Who are in the management team of Mayur Leather?

The management team of Mayur Leather includes R K Poddar (CEO & Director), Amita Poddar (Chairman), Madhusudan Prasad Kejriwal (Independent Director), Ashwarya Poddar (Director), and company secretaries Anil Kumar Sharma and Anisha Jain.

The management team of Mayur Leather includes the following individuals:<BR><BR>1. R K Poddar - CEO & Director<BR>2. Amita Poddar - Chairman (Non-Executive)<BR>3. Madhusudan Prasad Kejriwal - Independent Director<BR>4. Ashwarya Poddar - Director<BR>5. Anil Kumar Sharma - Company Secretary<BR>6. Anisha Jain - Company Secretary<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Mayur Leather?

Peers of Mayur Leather include Mayur Uniquoters, Phoenix Intl., Sarup Industries, and Worldwide Alumi. Mayur Leather has a 1-year return of 39.62%, outperforming its peers, while Mayur Uniquoters shows the best management and capital structure ratings.

Peers: The peers of Mayur Leather are Mayur Uniquoters, Phoenix Intl., Sarup Industries, and Worldwide Alumi.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mayur Uniquoters, while Below Average management risk is found at Phoenix Intl. and Worldwide Alumi. Mayur Uniquoters shows Below Average growth, whereas Phoenix Intl. and Worldwide Alumi also exhibit Below Average growth, and Sarup Industries does not qualify. The Capital Structure is Excellent for Mayur Uniquoters, while Phoenix Intl. and Worldwide Alumi have Below Average capital structures, and Sarup Industries and Mayur Leather do not qualify.<BR><BR>Return Snapshot: Mayur Uniquoters has the highest 1-year return at 35.37%, while Phoenix Intl. has the lowest at -32.05%. Mayur Leather's 1-year return of 39.62% is higher than that of Mayur Uniquoters. Additionally, Phoenix Intl., Sarup Industries, and Worldwide Alumi have negative six-month returns.

What does Mayur Leather do?

Mayur Leather Products Ltd manufactures and exports leather shoes and shoe uppers, classified as a micro-cap company with a market cap of INR 9 Cr. As of March 2026, it reported a net profit of 0 Cr and has a P/E ratio of 11.00.

Overview:<BR>Mayur Leather Products Ltd is engaged in the manufacture and export of leather shoes and shoe uppers, operating within the footwear industry and classified as a micro-cap company.<BR><BR>History:<BR>The company was incorporated as a private limited company in 1987 and converted into a public limited company in 1995. The latest quarterly results reported are for March 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 11.00<BR>Industry P/E: 18<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.66<BR>Return on Equity: 27.83%<BR>Price-to-Book: 4.06<BR><BR>Contact Details:<BR>Address: F-26-A RICO Industrial Area, Manpura Macheri Amer Jaipur Rajasthan : 303805<BR>Email: mlp@mayurleather.com<BR>Website: http://www.mayurgroups.com

When is the next results date for Mayur Leather Products Ltd?

The next results date for Mayur Leather Products Ltd is 14 February 2026.

The next results date for Mayur Leather Products Ltd is scheduled for 14 February 2026.

How has been the historical performance of Mayur Leather?

Mayur Leather's historical performance shows a significant decline in net sales and total operating income, dropping to zero by March 2025, despite reductions in costs. However, the company reported a slight recovery in profitability with a profit before and after tax of 0.03 crore in March 2025, while total assets decreased from 20.08 crore to 12.63 crore.

Answer:<BR>The historical performance of Mayur Leather shows a significant decline in net sales over the years, dropping from 18.78 crore in March 2018 to 0.00 crore in March 2025. Other operating income has remained consistently at zero throughout this period. Total operating income followed a similar trend, decreasing from 18.78 crore in March 2018 to 0.00 crore in March 2025. The raw material cost also decreased from 13.85 crore in March 2018 to 0.00 crore in March 2025, while employee costs fell from 4.63 crore to 0.05 crore in the same timeframe. Total expenditure, excluding depreciation, dropped from 21.73 crore in March 2018 to 1.25 crore in March 2025. Operating profit (PBDIT) showed a negative trend, moving from -1.42 crore in March 2018 to -1.25 crore in March 2025. The company reported a profit before tax of 0.03 crore in March 2025, a recovery from losses in previous years. The profit after tax also turned positive at 0.03 crore in March 2025, compared to losses in earlier years. The total assets decreased from 20.08 crore in March 2020 to 12.63 crore in March 2025, while total liabilities slightly decreased from 12.74 crore to 12.63 crore during the same period. The cash flow from operating activities has been stagnant, with no inflow reported in recent years.<BR><BR>Breakdown:<BR>Mayur Leather's financial performance has shown a stark decline over the years, particularly in net sales, which plummeted from 18.78 crore in March 2018 to zero by March 2025. This decline is mirrored in total operating income, which also fell to zero, indicating a complete cessation of revenue generation. The company has managed to reduce its raw material and employee costs significantly, with raw material costs dropping from 13.85 crore to zero and employee costs from 4.63 crore to 0.05 crore. Despite these reductions, total expenditure has decreased to 1.25 crore, yet the operating profit remains negative at -1.25 crore. However, there is a notable turnaround in profitability, with both profit before tax and profit after tax reporting a small positive figure of 0.03 crore in March 2025, suggesting a potential recovery. The total assets have decreased from 20.08 crore to 12.63 crore, while total liabilities have slightly decreased, reflecting a tightening financial situation. Overall, the cash flow from operating activities has stagnated, indicating challenges in generating cash from core operations.

Is Mayur Leather overvalued or undervalued?

As of December 12, 2023, Mayur Leather is classified as risky but appears undervalued with a low PE ratio of 5.92 compared to peers, strong historical performance, and potential for recovery despite profitability concerns.

As of 12 December 2023, the valuation grade for Mayur Leather has moved from does not qualify to risky. The company appears to be undervalued based on several key metrics. The price-to-earnings (PE) ratio stands at 5.92, significantly lower than its peer Mayur Uniquoters, which has a PE ratio of 17.04. Additionally, the EV to EBITDA ratio is reported at -7.29, indicating potential issues with profitability, while the PEG ratio is notably low at 0.10, suggesting that the stock may be undervalued relative to its growth prospects.<BR><BR>In comparison to its peers, Mayur Leather's financial ratios reflect a challenging position, especially when contrasted with Sarup Industries, which has a PE of 29.81 and is also classified as risky. Despite these challenges, Mayur Leather's current price of 12.85 is at the upper end of its 52-week range, and its strong historical performance over the past three and five years—returning 100.78% and 295.38% respectively—suggests that it may have potential for recovery. Overall, the company is currently undervalued in the market, particularly when considering its low valuation ratios against its peers.

What is the technical trend for Mayur Leather?

As of June 4, 2025, Mayur Leather's technical trend has shifted to mildly bullish, supported by bullish MACD and Bollinger Bands, despite a bearish weekly RSI and mildly bearish daily moving averages.

As of 4 June 2025, the technical trend for Mayur Leather has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD is mildly bullish. Bollinger Bands are bullish on both weekly and monthly time frames. However, the weekly RSI remains bearish, indicating some weakness. Daily moving averages are mildly bearish, which contrasts with the overall bullish sentiment from other indicators. The KST and Dow Theory both show mildly bullish trends on weekly and monthly bases, and the OBV is bullish across both time frames. Overall, the current stance is mildly bullish, driven primarily by the MACD, Bollinger Bands, and KST indicators.

Who are the top shareholders of the Mayur Leather?

The top shareholder of Mayur Leather is Rajendra Kumar Poddar, holding 23.33%. Individual investors collectively own 29.73%, with Sangeeta S as the highest public shareholder at 3.96%.

The top shareholders of Mayur Leather include the promoters, with Rajendra Kumar Poddar holding the largest share at 23.33%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Sangeeta S, who owns 3.96%. Additionally, individual investors collectively hold 29.73% of the company's shares.

Has Mayur Leather declared dividend?

Yes, Mayur Leather Products Ltd declared a 5% dividend (0.5000 per share) on April 5, 2016. However, the current dividend yield is 0%, and there have been no recent dividends issued, despite significant price appreciation over the years.

Mayur Leather Products Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5000<BR>- Ex-date: 05 Apr 16<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 1-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>For the 2-year period, there was a price return of 56.12%, a dividend return of 0%, culminating in a total return of 56.12%.<BR><BR>During the 3-year period, the price return was 91.25%, with a dividend return of 0%, resulting in a total return of 91.25%.<BR><BR>In the 4-year period, the price return stood at 49.27%, the dividend return was 0%, yielding a total return of 49.27%.<BR><BR>Over the 5-year period, the price return was 294.84%, with a dividend return of 0%, giving a total return of 294.84%.<BR><BR>Overall, while Mayur Leather Products Ltd has declared a dividend in the past, the current dividend yield is 0%, indicating no recent dividends have been issued. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the absence of dividends in recent years.