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Earnings Call Transcript

Mayur Uniquoters Earnings Call Transcript: Key Takeaways

Mayur Uniquoters delivered a robust quarter with consolidated revenue up 25% YoY, driven primarily by strong performance in US automotive exports.

Guidance and delivery
Management target Revenue 12.5% FY27-FY30
Highlights
Revenue growthConsolidated revenue grew 25% YoY; standalone grew 20%.
MarginsSustainable margins at 25% despite raw material and logistics headwinds.
Order bookReceived substantial new orders from US OEMs like Ford and Chrysler.
Demand visibilityStrong visibility in US/EU automotive; domestic footwear demand remains muted.
Management confidenceConfident but cautious regarding global geopolitical volatility and freight costs.

Growth

Growth is largely price-led (realization mix) with only 2% volume growth; export segments significantly outperformed domestic markets.

Outlook

Management expects 10-15% topline growth over the next three years, focusing on expanding US OEM wallet share.

Risks

Raw material volatility and freight costs remain high; domestic footwear segment is experiencing a significant de-growth.

Last quarter's promises, checked

Delivered

  • Guided 15-20% export growth → delivered 35.5% (= BEAT)
  • Guided 25-26% margin → delivered 31-33% (= BEAT)
  • Guided 8-10% domestic growth → delivered 4% plus (= MISS)

Partly delivered

  • Guided 15-20% consolidated value growth → delivered 15% (= PARTIAL)

Missed

  • Guided PU business growth → delivered INR 27.08 Cr (muted/no settlement) (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: MAYURUNIQ. Summary written with AI assistance from the document.

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Mayur Uniquoters Ltd: key numbers

Share price
₹729.60
Market cap
₹3,170 Cr
Revenue (annual)
₹967.0 Cr
Net profit (annual)
₹191.7 Cr
P/E (TTM)
15.3×Sector 55.7×
Promoter holding
58.77%+0.00% QoQ
FII holding
4.78%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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