Mayur Uniquoters Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported a significant improvement in its financial performance, with annual net profit rising 43% and quarterly EBITDA margin expanding on a year-on-year basis.

Annual Financial Performance

For the financial year ended March 31, 2026, the company recorded a net profit of ₹1,917.40 crore, a 43% increase compared to ₹1,492.89 crore in the previous year. Revenue from operations grew to ₹10,220.76 crore from ₹9,417.10 crore in the prior year. Total income for the year stood at ₹10,220.76 crore, while total expenses were ₹7,235.67 crore.

Q4 Financial Highlights

The company delivered a strong quarterly performance for the period ended March 31, 2026. Net profit for Q4 stood at ₹594.35 crore versus ₹415.02 crore in the same quarter of the previous year. Revenue came in at ₹2,766.51 crore compared to ₹2,621.10 crore year-on-year. EBITDA for the quarter surged to ₹890.19 crore from ₹645.68 crore in the corresponding period.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹6 per equity share, representing 120% of the face value of ₹5 each. The total dividend payout aggregates to ₹260.72 crore. This recommendation is subject to the approval of shareholders at the ensuing Annual General Meeting.

Board Decisions

During the meeting held on May 19, 2026, the board approved the re-appointment of M/s Pavan Gupta & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-27. Additionally, M/s S. Bhandari & Company LLP was re-appointed as the Internal Auditor for the same period. The remuneration for the Cost Auditor is subject to ratification by shareholders.

Mayur Uniquoters , a manufacturer of Artificial Leather and PVC Vinyl, has informed the stock exchanges that the contractual worker strike at its Dhodsar manufacturing plant in Rajasthan has been called off on May 11, 2026. The company had earlier disclosed on May 10, 2026, that one coating line at the Dhodsar facility had been partially shut down following a strike by contractual workers effective May 9, 2026. With the resolution of the dispute, the Dhodsar plant is now fully operational.

Strike Background and Operational Impact

The industrial action, which commenced on May 9, 2026, had resulted in the stoppage of production in one coating line at the Dhodsar facility, causing an estimated daily production loss of 15,000 Linear Meters. All other manufacturing plants of the company had remained fully operational during the period of disruption. The strike was called by contractual workers demanding a further increase in wages, despite the company having already revised wages in line with industry standards and applicable laws.

The key details of the incident, as disclosed under Annexure-A of the regulatory filing, are summarised below:

Financial Impact

According to the company's updated disclosure filed on May 12, 2026, the strike resulted in a revenue loss of around Rs. 1.50 Crores, with overall profitability also impacted due to the loss of revenue. No damage to the company's property was reported during the strike period, and accordingly, no insurance claim has been raised. Mayur Uniquoters has indicated that it has chalked out strategies to ramp up production within the next two days to restore full normalcy.

Resolution and Company Response

Mayur Uniquoters confirmed that the issues raised by the contractual workers have been resolved, leading to the withdrawal of the strike. The company stated that it had remained in continuous discussion with the concerned workers and contractors throughout the period of disruption to facilitate an amicable settlement. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed and signed by Kapil Arora, Company Secretary and Compliance Officer (M. No. – ACS 57885), on May 12, 2026.