Mayur Uniquoters delivered impressive financial results for FY26, with consolidated revenue increasing 10% to ₹967 crore from ₹880 crore in the previous year. According to reports from The Financial Express, operating profit grew 23% while net profit rose 29%, with Operating Profit Margin improving to 24.3% from 21.7%. The March quarter was even stronger, with standalone revenue increasing 22% year-on-year and profit after tax surging 73%. Management attributed the improvement to better product mix, higher exports, stronger productivity and tighter cost control rather than extraordinary gains.
The company's shift toward export-oriented business is becoming increasingly visible in its financial performance. As reported by The Financial Express, exports contribute about 42.5% of revenue, with automobiles accounting for around 65% of total revenue. Exports grew around 35% while domestic revenue increased only about 4% during FY26, with sales volumes rising by roughly 5% to around 31 million metres. Management highlighted that business from existing export customers continues to expand, with Ford volumes increasing after additional vehicle platforms were added, and recently secured export programmes expected to contribute over the next two to three years.
Mayur Uniquoters shares have demonstrated exceptional market performance, rising 44% in the last 3 months and 66.65% over the past year, significantly outperforming the broader market. The company declared a dividend of ₹5.00 per share for Q4 FY26, translating to a dividend yield of 0.97%. As per latest market data, the stock closed at ₹822.65 with a market capitalization of ₹3,574.63 crore. Foreign institutional investors increased their holdings from 3.24% to 3.67% in the March 2026 quarter, while promoter holdings rose marginally from 58.59% to 58.77%.
For FY27, Mayur Uniquoters continues to guide for domestic revenue growth of 8% to 10% and export growth of 15% to 20% on a value basis. According to The Financial Express, the company expects this growth to come from both new customers and deeper relationships with existing automobile manufacturers. Management is evaluating an overseas manufacturing facility with an estimated investment of around ₹300 crore, while domestic capital expenditure is planned at around ₹50 crore for a new coating line that can support additional annual revenue of ₹120-150 crore once fully utilized.
