Mayur Uniquoters PAT rises 73% in Q4 FY26
Mayur Uniquoters announced its Q4 FY26 results, reporting a standalone PAT of INR 60.71 crores, up 73% YoY, and consolidated PAT of INR 59.43 crores, up 43%. Revenue from operations stood at INR 260.55 crores on a standalone basis. The company achieved 15% value growth for the year, with exports growing by 35.5%. Management expects domestic growth of 8%-10% and export growth of 15%-20%, driven by the automotive sector.

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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.
Historical Stock Returns for Mayur Uniquoters
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.20% | +25.59% | +38.72% | +55.80% | +34.64% | +78.60% |
Which specific export markets or geographies are driving Mayur Uniquoters' 35.5% export growth, and how vulnerable is this segment to potential trade policy changes or currency fluctuations?
With the new coating line expected to add 5 lakh meters of monthly capacity by end of calendar year, does the company have sufficient order visibility to ensure full utilization of this expanded capacity from day one?
Given that exports now constitute 42.5% of total revenue, what hedging strategies is Mayur Uniquoters employing to manage forex risk, especially if the INR strengthens against key currencies?


































