Mayur Leather

Which are the latest news on Mayur Leather?

Why is Mayur Leather Products Ltd falling/rising?

As of 05-Sep, Mayur Leather Products Ltd's stock price has risen to Rs. 35.02, reflecting a 4.98% increase, supported by strong historical performance and positive technical indicators. Despite a significant drop in investor participation, the stock has outperformed its sector and reached a new 52-week high.

As of 05-Sep, Mayur Leather Products Ltd is experiencing a rise in its stock price, currently at Rs. 35.02, which reflects an increase of Rs. 1.66 or 4.98%. This upward movement is supported by several factors. The stock has shown significant performance over various periods, with a remarkable 143.19% increase over the past year and a 58.25% rise year-to-date, contrasting sharply with the Sensex, which has declined by 10.21% in the same timeframe.<BR><BR>Today, the stock reached a new 52-week high of Rs. 35.02 and has outperformed its sector by 4.02%. It has been on a consecutive gain streak for the last three days, accumulating a total return of 15.58% during this period. The stock opened with a gap up of 4.98% today, indicating strong investor interest at the start of trading.<BR><BR>Additionally, Mayur Leather is trading above its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bullish trend. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping significantly by 81.64% compared to the 5-day average. Despite this decrease in participation, the liquidity remains sufficient for trading.<BR><BR>Overall, the combination of strong historical performance, recent gains, and positive technical indicators contributes to the rising stock price of Mayur Leather Products Ltd.

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 Anil Kumar Sharma and Anisha Jain (Company Secretaries). They oversee the company's operations and strategic direction.

The management team of Mayur Leather includes the following individuals:<BR><BR>- R K Poddar, who serves as the CEO & Director.<BR>- Amita Poddar, who is the Chairman (Non-Executive).<BR>- Madhusudan Prasad Kejriwal, an Independent Director.<BR>- Ashwarya Poddar, who is a Director.<BR>- Anil Kumar Sharma, who holds the position of Company Secretary.<BR>- Anisha Jain, also serving as a Company Secretary.<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

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 15 Cr. The latest quarterly results show a net profit of 0 Cr for June 2026.

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 net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00<BR>Industry P/E: 16<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.66<BR>Return on Equity: 27.83%<BR>Price-to-Book: 7.30<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

Who are the peers of the Mayur Leather?

Mayur Leather's peers include Mayur Uniquoters, Phoenix Intl., Sarup Industries, and Worldwide Alumi. Mayur Leather has a 1-year return of 97.82%, significantly outperforming its peers, with Mayur Uniquoters at 44.19% and Phoenix Intl. at -14.97%.

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. Growth is Below Average at Mayur Uniquoters, Phoenix Intl., and Worldwide Alumi, while Mayur Leather, Sarup Industries, and the rest do not qualify. Capital Structure is excellent at Mayur Uniquoters, while Below Average is seen at Phoenix Intl. and Worldwide Alumi, with Mayur Leather and Sarup Industries not qualifying.<BR><BR>Return Snapshot: Mayur Leather has a 1-year return of 97.82%, which is higher than Mayur Uniquoters at 44.19%, the peer with the next highest return, and significantly higher than Phoenix Intl. at -14.97%, the peer with the lowest return. Additionally, Sarup Industries and Worldwide Alumi have negative six-month returns.

How big is Mayur Leather?

As of 31st August, Mayur Leather Products Ltd has a market capitalization of 15.00 Cr, categorizing it as a Micro Cap company, with no net sales reported in the latest four quarters but a net profit of 1.12 Cr. Shareholder's Funds are 1.96 Cr and Total Assets are 12.63 Cr as of March 2025.

As of 31st August, Mayur Leather Products Ltd has a market capitalization of 15.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In terms of recent quarterly performance, the sum of Net Sales for the latest four quarters is 0.00 Cr, indicating no sales during this period. The sum of Net Profit for the same quarters is 1.12 Cr, reflecting a positive outcome despite the lack of sales.<BR><BR>The latest annual period for the balance sheet is March 2025. Shareholder's Funds stand at 1.96 Cr, while Total Assets are reported at 12.63 Cr.

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.