Mayur Leather Products Ltd - Stock Valuation and Financial Performance

BSE: 531680 | NSE: | Footwear | Small Cap

Mayur Leather Prod Share Price

6.73 0.00 0.00%
as on 01-Jan'24 16:59

DeciZen - make an informed investing decision on Mayur Leather Prod

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Mayur Leather Products stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
3.3 Cr.
52-wk low:
4.8
52-wk high:
7.9

Is Mayur Leather Products Ltd an attractive stock to invest in?

1. Is Mayur Leather Products Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mayur Leather Products Ltd is a below average quality company.

2. Is Mayur Leather Products Ltd undervalued or overvalued?

The key valuation ratios of Mayur Leather Products Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Mayur Leather Products Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mayur Leather Products Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mayur Leather Prod:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mayur Leather Products Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.5%7.1%3.7%1.8%-9.2%-13.6%-11.8%-16.6%-12.8%-5.4%-
Value Creation
Index
-0.6-0.5-0.7-0.9-1.7-2.0-1.8-2.2-1.9-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.823.128.132.12418.112.69.78.29.38
Sales YoY Gr.-6.2%21.6%14.5%-25.3%-24.8%-30.1%-23.5%-14.8%12.6%-
Adj EPS 1.62.40.9-0.1-4.7-6.5-5.4-6.2-4-1.8-2.9
YoY Gr.-53.6%-61.3%-109.8%NANANANANANA-
BVPS (₹) 32.133.13332.227.521.516.313.9108.60
Adj Net
Profit
0.81.20.50-2.3-3.1-2.6-3-1.9-0.9-1
Cash Flow from Ops. 1.8-4.2-0.5-0.20-2.11.7-3.610.83.2-
Debt/CF from Ops. 1.6-1.1-14.6-29.5162.3-4.44.4-1.90.71.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9%-17.3%-9.8%12.6%
Adj EPS -201.9%NANANA
BVPS-13.6%-20.7%-19.1%-13.9%
Share Price -11.4% -17.5% -6.9% 26.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
4.87.22.8-0.3-15.7-26-28.4-40.3-32.5-19-67.5
Op. Profit
Mgn %
6.76.32.6-0.6-12.1-16.9-24.4-42.1-21.5-6.4-17.2
Net Profit
Mgn %
3.551.6-0.1-9.5-17.3-20.9-31-23.4-9.5-17.1
Debt to
Equity
0.20.30.40.50.40.90.911.40.8-
Working Cap
Days
250291297261334426554602561450237
Cash Conv.
Cycle
678386849812916810574711

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.79

Return on Equity is Poor

Sales growth has been subdued in last 3 years -9.77%

Sales growth is not so good in last 4 quarters at -13.36%

Latest Financials - Mayur Leather Products Ltd.

Standalone Consolidated
TTM EPS (₹) -2.9 -2.9
TTM Sales (₹ Cr.) 8.2 8.2
BVPS (₹.) 0 0
Reserves (₹ Cr.) -1 -1
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 4.75 / 7.87
All Time Low / High (₹) 2.51 / 164.25
Market Cap (₹ Cr.) 3.3
Equity (₹ Cr.) 4.8
Face Value (₹) 10
Industry PE 88.3

Management X-Ray of Mayur Leather Prod:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mayur Leather Prod

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales21.7523.1028.0832.1424.0218.0612.629.668.239.27
Operating Expenses 20.3121.6727.3532.3326.9321.1315.6913.7310.019.86
Manufacturing Costs0.580.470.600.640.550.611.190.630.450.40
Material Costs14.4615.5020.1223.2419.6213.788.767.566.216.67
Employee Cost 3.914.425.316.464.864.553.813.162.111.82
Other Costs 1.361.271.312.011.902.191.942.381.240.97
Operating Profit 1.441.430.73-0.20-2.91-3.08-3.07-4.07-1.77-0.59
Operating Profit Margin (%) 6.6%6.2%2.6%-0.6%-12.1%-17.0%-24.3%-42.1%-21.5%-6.3%
Other Income 0.651.061.091.461.551.301.751.600.570.43
Interest 0.430.360.530.640.530.700.820.830.400.50
Depreciation 0.370.380.600.400.400.400.380.340.290.30
Exceptional Items -0.11-0.170-0.060002.530.070.29
Profit Before Tax 1.181.580.680.17-2.29-2.87-2.51-1.11-1.82-0.67
Tax 0.510.530.190.01-0.050.030.010.070.010
Profit After Tax 0.681.050.490.15-2.24-2.91-2.52-1.17-1.84-0.67
PAT Margin (%) 3.1%4.6%1.7%0.5%-9.3%-16.1%-20.0%-12.2%-22.3%-7.3%
Adjusted EPS (₹)1.42.21.00.3-4.6-6.0-5.2-2.4-3.8-1.4
Dividend Payout Ratio (%)72%46%99%319%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 15.6516.1416.1215.6913.4410.548.016.8454.33
Share Capital 4.984.984.984.984.984.984.984.984.984.98
Reserves 10.6811.1611.1410.718.475.563.041.860.02-0.65
Minority Interest0000000000
Debt2.944.666.816.995.828.937.506.806.973.25
Long Term Debt00.040000.690.510.610.980.62
Short Term Debt2.944.626.816.995.828.246.996.195.992.63
Trade Payables1.953.943.874.743.320.921.032.571.511.70
Others Liabilities 1.783.482.801.683.086.476.092.962.367.70
Total Liabilities 22.3228.2229.6029.1025.6726.8522.6319.1815.8416.98

Fixed Assets

Gross Block9.359.219.539.549.0711.0510.628.938.9210.24
Accumulated Depreciation5.405.686.016.256.637.507.416.7877.35
Net Fixed Assets3.953.533.523.292.443.543.222.151.922.89
CWIP 00.170.250.250.250.250.250.381.510.17
Investments 3.74111.151.271.671.691.391.391.36
Inventories2.514.925.987.313.823.743.232.642.221.64
Trade Receivables3.176.034.585.304.284.681.6511.241.78
Cash Equivalents 0.540.751.851.400.700.220.340.520.440.28
Others Assets8.4211.8212.4210.4112.9012.7412.2611.097.128.87
Total Assets 22.3228.2229.6029.1025.6726.8522.6319.1815.8416.98

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 1.84-4.19-0.47-0.240.04-2.051.72-3.6410.803.23
PBT 1.181.580.680.17-2.29-2.87-2.51-1.11-1.82-0.96
Adjustment 0.05-0.170.05-0.14-0.460.040.24-2.520.240.38
Changes in Working Capital 0.57-4.87-0.76-0.092.830.793.99-0.0112.383.82
Tax Paid 0.03-0.72-0.44-0.17-0.0300000
Cash Flow From Investing Activity 0.293.430.430.700.85-0.960.574.552.730.86
Capex -0.36-0.29-0.58-0.23-0.03-1.50-0.053.290.15-0.97
Net Investments 02.930-0.15-0.10-0.3900.301.390.04
Others 0.650.791.011.070.980.930.620.961.191.79
Cash Flow From Financing Activity -2.300.971.14-0.91-1.582.52-2.17-0.72-13.28-4.22
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.34-0.26-0.45-0.48-0.41-0.58-0.74-0.83-0.40-0.50
Dividend Paid -0.48-0.48-0.48-0.48000000
Others -1.471.722.070.05-1.173.11-1.430.10-12.88-3.72
Net Cash Flow -0.170.211.10-0.45-0.69-0.480.120.190.26-0.13
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)4.376.693.070.96-15.56-24.54-27.66-16.14-31.89-14.92
ROCE (%)8.389.845.553.51-8.42-11.24-9.72-1.92-11.06-1.73
Asset Turnover Ratio0.940.910.971.090.880.690.510.460.470.56
PAT to CFO Conversion(x)2.71-3.99-0.96-1.6N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days69736956739192505060
Inventory Days47597175857610111110876
Payable Days676971687556418712088

Mayur Leather Products Ltd Stock News

Mayur Leather Products Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mayur Leather Prod on 01-Jan-2024 16:59 is ₹6.73.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-2024 16:59 the market cap of Mayur Leather Prod stood at ₹3.25.
The latest P/E ratio of Mayur Leather Prod as of 01-Jan-2024 16:59 is 0.00.
The latest P/B ratio of Mayur Leather Prod as of 01-Jan-2024 16:59 is 0.00.
The 52-week high of Mayur Leather Prod is ₹7.87 and the 52-week low is ₹4.75.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mayur Leather Prod is ₹8.23 ( Cr.) .

About Mayur Leather Products Ltd

Mayur Leather Products was incorporated as a private company on March 13, 1987 and converted into a public company August 2, 1995. The company is part of the Mayur group, which is headquartered in Jaipur and has an established trading network in synthetic leather. Mayur Uniquoters is a group company.

Located at Jaipur in Rajasthan, the manufacturing unit produces leather shoe uppers and shoes and has started production of polyurethane shoes from February 2006. It has a well developed research and development division. The company has carved a niche for itself in the industrial shoe/uppers segment both internationally and in the domestic market. To strengthen export potential to countries like South Africa, Middle East, Kazakhstan, Kyrgyzstan, Azerbaijan, and Uzbekistan among others, the company is making efforts to develop new markets.

The registered office of the company is located at G-60-62 & 67-69, Jaitpura Industrial Estate, Jaipur-303704, Rajasthan.

Business area of the company

The company is engaged in the manufacture and export of leather shoes and shoe uppers.

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