Mayur Uniquoters Limited reported a significant surge in profitability for the first quarter of FY27, with standalone net profit rising 43% year-on-year to ₹58.95 crore. The artificial leather manufacturer achieved this growth amidst a 19.7% increase in revenue from operations to ₹247.02 crore, reflecting robust demand in its PU/PVC synthetic leather segment. This performance underscores the company’s ability to leverage operational efficiency, as evidenced by an expansion in EBITDA margin to 25.43% from 21% in the corresponding period last year.

The Board of Directors, meeting on August 5, 2026, at its registered office in Jaipur, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by M/s Walker Chandiok & Co. LLP, the statutory auditors of the company, who issued a limited review report under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company announced that its 33rd Annual General Meeting (AGM) will be held on September 18, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM).

Financial Performance

Standalone revenue from operations increased to ₹24,702.88 lakh in Q1FY27, compared to ₹20,641.18 lakh in Q1FY26. Other income also saw a notable rise to ₹2,267.95 lakh from ₹1,940.47 lakh, contributing to a total income growth of 19.4% to ₹26,970.83 lakh. Total expenses grew by a more modest 12.6% to ₹19,191.70 lakh, primarily due to higher costs of materials consumed, which rose to ₹13,624.06 lakh from ₹12,130.62 lakh. This divergence between revenue growth and expense inflation highlights improved cost management and pricing power.

On a consolidated basis, revenue from operations reached ₹26,923.36 lakh, up from ₹21,587.65 lakh in Q1FY26. Consolidated net profit stood at ₹5,611.93 lakh, compared to ₹4,072.91 lakh in the previous year. The group’s basic earnings per share (EPS) rose to ₹12.92 from ₹9.37, indicating consistent value creation across its global subsidiaries.

Corporate Developments

The Board recommended the reappointment of Arun Bagaria as Whole Time Director designated as Executive Director for a five-year term starting August 1, 2027, subject to shareholder approval. Vinod Kumar Haritwal was appointed as an Additional Director under the category of Non-Executive Independent Director effective August 6, 2026, for a five-year term. The tenure of Independent Director Ratan Kumar Roongta will conclude on September 27, 2026.

The company scheduled its 33rd Annual General Meeting for September 18, 2026, to be held via Video Conferencing/Other Audio Visual Means. The record date for determining dividend entitlement for FY26 has been fixed as August 21, 2026. Shareholders will receive the Notice of the AGM and Integrated Annual Report for the financial year 2025-26 in electronic mode. Trading in the company’s shares will resume after 48 hours of the financial results declaration, as per insider trading regulations.

Mayur Uniquoters Limited has fixed Friday, August 21, 2026, as the record date for determining shareholder entitlement to the dividend for the financial year ended March 31, 2026. This date determines which shareholders are eligible to receive the dividend, provided the proposal is approved at the upcoming annual general meeting. Shareholders holding equity shares on this date will be eligible for the payout, ensuring clarity on ownership rights before distribution.

The company disclosed this information pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both the National Stock Exchange of India Limited and BSE Limited on August 05, 2026. The filing confirms that the dividend amount recommended by the Board remains subject to ratification by shareholders at the 33rd Annual General Meeting (AGM).

Key Dates and Details

The following table outlines the critical dates associated with the dividend process:

The record date serves as the cutoff for identifying beneficial owners. Eligibility is determined based on the list of Beneficial Owners provided by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), or the Register of Members maintained by the company. Only those names appearing in these records as of the close of business on the record date will be considered for the dividend payout.

Payment Timeline

If the Board’s dividend recommendation receives approval at the AGM, the company intends to disburse the funds within 30 days from the date of the meeting. Payments will be made after deducting applicable tax at source (TDS). This timeline ensures timely distribution while adhering to statutory compliance requirements regarding withholding taxes.

What This Means for Investors

For investors, the record date is the definitive marker for eligibility. Any shares transferred or sold after August 21, 2026, will not carry the right to this specific dividend. Conversely, shares purchased before or on this date will entitle the new owner to the dividend, assuming the AGM approves the recommendation. Investors should monitor their demat accounts to confirm holdings as of the record date to ensure they are captured in the depository records.

The upcoming AGM on September 18, 2026, is the final hurdle for the dividend’s realization. While the Board has already recommended the payout, formal shareholder approval is a mandatory procedural step under corporate governance norms. Until then, the dividend remains a proposed liability rather than a confirmed cash outflow.