Mayur Uniquoters accepts resignation of senior manager

Mayur Uniquoters Limited has accepted the resignation of Mr. Navneet Jain from the position of Assistant General Manager-Business Excellence. The resignation, tendered due to personal reasons, was effective from the close of business hours on July 14, 2026. The company relieved him from his duties on the same date.

Resignation Details

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to BSE Limited and the National Stock Exchange of India Ltd.

The following table outlines the key details of the personnel change:

Sr. No.	Particulars	Details
1	Name	Mr. Navneet Jain
2	Reason for change	Resignation as Assistant General Manager-Business Excellence due to personal reason.
3	Date of cessation	w.e.f. closure of business hours on Tuesday July 14, 2026.
4	Brief Profile	Not applicable.
5	Disclosure of relationships	Not applicable.

The resignation letter was addressed to the Chairman and Managing Director & CEO of Mayur Uniquoters Limited. Kapil Arora, the Company Secretary and Compliance Officer, signed the regulatory filing on behalf of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.20%	-3.65%	+3.14%	+66.25%	+38.10%	+65.53%

Mayur Uniquoters has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a standalone Profit After Tax (PAT) of INR 60.71 crores for Q4 FY26, marking a 73% increase year-on-year. On a consolidated basis, PAT stood at INR 59.43 crores, rising by 43% YoY.

Financial Performance

The standalone revenue from operations reached INR 260.55 crores, a 22% increase from the previous year, while Profit Before Tax (PBT) grew by 70% to INR 82.59 crores. Consolidated revenue increased by 9% to INR 273.35 crores, with PBT at INR 81.23 crores.

Metric	Standalone (Q4 FY26)	Consolidated (Q4 FY26)	YoY Growth (Standalone)
Revenue from Operations	INR 260.55 crores	INR 273.35 crores	22%
PBT	INR 82.59 crores	INR 81.23 crores	70%
PAT	INR 60.71 crores	INR 59.43 crores	73%

Operational Highlights

The company achieved a total volume growth of 4.5% for the financial year, selling 31 million meters. Value growth for the year was 15%, driven significantly by the export segment, which grew by 35.5%. Domestic growth was recorded at over 4%. The export business now constitutes approximately 42.5% of total revenue.

Management attributed the margin expansion to a favorable product mix, increased focus on higher-value exports, and foreign exchange gains. The company reported an operating EBITDA margin of 31% for the quarter, excluding forex gains.

Future Outlook

Looking ahead, Mayur Uniquoters expects domestic growth to remain between 8%-10% and export growth between 15%-20%. The company is focusing on the automotive sector to drive this growth. Regarding capacity expansion, the firm has ordered a new coating line for an existing facility, expected to be commissioned by the end of the calendar year, which will add approximately 5 lakh meters of monthly capacity. The capital expenditure for this expansion is estimated within INR 50 crores.