SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mayur Leather Products Ltd (531680)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531680 NSE: Footwear | Small Cap | Mayur LeatherProduct Share Price

₹19.81 -0.07 (-0.35%)

As on 02-Jul'26 16:59

Mayur Leather Products Ltd (531680)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531680 NSE: Footwear | Small Cap | Mayur LeatherProduct Share Price

₹19.81 -0.07 (-0.35%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹10 Cr.
Current Price
₹19.8
52-Week Low / High
₹13 / 30
TTM EPS
₹2.6
TTM Sales
₹0 Cr.
Book Value per Share
₹4
P/E Ratio
7.53
Industry PE
54.5
Price to Book (P/B)
4.93
Higher than its 5-year historical median
Price to Sales (P/S)
0.00
Lower than its 5-year historical median
EV/EBITDA
17.79
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
13.78%
Outperforms industry median
Return on Capital Employed (ROCE)
4.94%
Underperforms industry median
Return on Assets (ROA)
0.73%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Steady versus 3-year growth rate
-100%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
40.69%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-3 Cr.
Equity
₹4.8 Cr.
Face Value
₹10
All Time Low / High
₹2.51 / 164.25

Mayur Leather Products stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Mayur Leather Products Ltd a good quality company?
Mayur Leather Products Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Mayur Leather Products Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mayur Leather Products Ltd vs industry peers?
Mayur Leather Products Ltd revenue CAGR is -100.00%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Mayur Leather Products Ltd?
Promoters hold 40.69% of the Mayur Leather Products Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mayur Leather Products Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -0.2% based on the current price.

10 Year X-Ray :

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.5%-8.4%-11.2%-9.7%-1.9%-11.1%-1.7%-35.9%-1.2%4.9%-
Value Creation
Index
-0.8-1.6-1.8-1.7-1.1-1.8-1.1-3.6-1.1-0.7-

Growth Parameters

Sales 32.12418.112.69.78.29.340.200
Sales YoY Gr.--25.3%-24.8%-30.1%-23.5%-14.8%12.6%-57.1%-94%-100%-
Adj EPS -0.1-4.7-6.5-5.4-6.2-4-1.8-5.8-1.30.32.6
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 32.227.521.516.313.9108.62.51.31.54
Adj Net
Profit
-0-2.3-3.1-2.6-3-1.9-0.9-2.8-0.60.21
Cash Flow from Ops. -0.20-2.11.7-3.610.83.2-0.2-0.8-0.8-
Debt/CF from Ops. -29.5162.3-4.44.4-1.90.71.1-30.2-5.4-5.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS NANANANA
BVPS-29.1%-36.3%-44.8%14.2%
Share Price -0.9% 20.5% 36.2% -16.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-0.3-15.7-26-28.4-40.3-32.5-19-98.2-60.418.996.2
Op. Profit
Mgn %
-0.6-12.1-16.9-24.4-42.1-21.5-6.4-108.7-86.30NAN
Net Profit
Mgn %
-0.1-9.5-17.3-20.9-31-23.4-9.5-69.9-261.30INF
Debt to
Equity
0.50.40.90.911.40.83.45.552
Working Cap
Days
26133442655460256145097913,50600
Cash Conv.
Cycle
8498129168105747155-8100

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales32.1424.0218.0612.629.668.239.273.980.240
Operating Expenses + 32.3326.9321.1315.6913.7310.019.868.310.451.22
Manufacturing Costs0.640.550.611.190.630.450.400.8000
Material Costs23.2419.6213.788.767.566.216.674.250.230
Employee Cost 6.464.864.553.813.162.111.821.210.140.05
Other Costs 2.011.902.191.942.381.240.972.050.071.16
Operating Profit -0.20-2.91-3.08-3.07-4.07-1.77-0.59-4.33-0.21-1.22
Operating Profit Margin (%) -0.6%-12.1%-17.0%-24.3%-42.1%-21.5%-6.3%-108.0%-86.3%-
Other Income + 1.461.551.301.751.600.570.432.760.291.74
Exceptional Items -0.06-0002.530.070.29-0.600.06-0.09
Interest 0.640.530.700.820.830.400.500.550.530.16
Depreciation 0.400.400.400.380.340.290.300.260.200.19
Profit Before Tax 0.17-2.29-2.87-2.51-1.11-1.82-0.67-2.98-0.590.09
Tax 0.01-0.050.030.010.070.010000
Profit After Tax 0.15-2.24-2.91-2.52-1.17-1.84-0.67-2.98-0.590.09
PAT Margin (%) 0.5%-9.4%-16.1%-20.0%-12.2%-22.3%-7.3%-74.9%-244.0%-
Adjusted EPS (₹)0.3-4.6-6.0-5.2-2.4-3.8-1.4-6.2-1.20.2
Dividend Payout Ratio (%)319.10%0%0%0%0%0%0%0%0%0%

Valuation of Mayur LeatherProduct - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 15.6913.4410.548.016.8454.331.340.750.84
Share Capital 4.984.984.984.984.984.984.984.984.984.98
Reserves 10.718.475.563.041.860.02-0.65-3.63-4.22-4.13
Debt +6.995.828.937.506.806.973.254.224.114.25
Long Term Debt000.690.510.610.980.621.672.573.73
Short Term Debt6.995.828.246.996.195.992.632.551.550.52
Minority Interest0000000000
Trade Payables4.743.320.921.032.571.511.704.471.210.10
Others Liabilities 1.683.086.476.092.962.367.703.496.636.90
Total Liabilities 29.1025.6726.8522.6319.1815.8416.9813.5312.7112.10

Fixed Assets

Net Fixed Assets +3.292.443.543.222.151.922.892.522.281.83
Gross Block9.549.0711.0510.628.938.9210.242.528.297.39
Accumulated Depreciation6.256.637.507.416.7877.35065.56
CWIP 0.250.250.250.250.381.510.170.170.170.17
Investments 1.151.271.671.691.391.391.361.361.361.36
Inventories7.313.823.743.232.642.221.640.790.670.67
Trade Receivables5.304.284.681.6511.241.780.420.350.01
Cash Equivalents 1.400.700.220.340.520.440.280.380.080.07
Others Assets 10.4112.9012.7412.2611.097.128.877.907.807.99
Total Assets 29.1025.6726.8522.6319.1815.8416.9813.5312.7112.10

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.240.04-2.051.72-3.6410.803.23-0.15-0.76-0.75
PBT 0.17-2.29-2.87-2.51-1.11-1.82-0.96-2.98-0.590.09
Adjustment -0.14-0.460.040.24-2.520.240.381.020.470.39
Changes in Working Capital -0.092.830.793.99-0.0112.383.821.81-0.64-1.23
Tax Paid -0.17-0.0300000000
Cash Flow From Investing Activity + 0.700.85-0.960.574.552.730.86-0.130.280.75
Capex -0.23-0.03-1.50-0.053.290.15-0.97-0.550.030.21
Net Investments -0.15-0.10-0.3900.301.390.04000
Others 1.070.980.930.620.961.191.790.430.260.54
Cash Flow From Financing Activity + -0.91-1.582.52-2.17-0.72-13.28-4.220.480.19-0.01
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.48-0.41-0.58-0.74-0.83-0.40-0.50-0.55-0.51-0.15
Dividend Paid -0.48000000000
Others 0.05-1.173.11-1.430.10-12.88-3.721.030.700.14
Net Cash Flow -0.45-0.69-0.480.120.190.26-0.130.20-0.30-0.01

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.96-15.56-24.54-27.66-16.14-31.89-14.92-111.26-65.613.78
ROCE (%)3.51-8.42-11.24-9.72-1.92-11.06-1.73-35.85-1.174.94
Asset Turnover Ratio1.090.880.690.510.460.470.560.260.020
PAT to CFO Conversion(x)-1.6N/AN/AN/AN/AN/AN/AN/AN/A-8.33
Working Capital Days
Receivable Days56.1072.8090.6091.6050.1049.8059.50101580.100
Inventory Days75.5084.6076.40100.80110.90107.6075.90111.201,102.200
Payable Days67.707556.1040.6087120.10882654,489.900

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mayur Leather Products Ltd FAQs

The current trading price of Mayur LeatherProduct on 02-Jul-2026 16:59 is ₹19.81.

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-Jul-2026 the market cap of Mayur LeatherProduct stood at ₹9.58 Cr

The latest P/E ratio of Mayur LeatherProduct as of 01-Jul-2026 is 7.53.

The latest P/B ratio of Mayur LeatherProduct as of 01-Jul-2026 is 4.93.

The 52-week high of Mayur LeatherProduct is ₹29.63 and the 52-week low is ₹12.57.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mayur LeatherProduct is ₹0.00 ( Cr.) .

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

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

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.

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.

You have 3 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: