Mayur Uniquoters , a leading synthetic leather manufacturer, has reported mixed results for the first quarter, with a focus on high-value exports and strategic market expansion.

Financial Performance

The company's consolidated revenue grew marginally by 1% to Rs. 215.88 crores, while consolidated profit after tax (PAT) increased by 2% to Rs. 40.73 crores. On a standalone basis, the performance was more robust:

• Revenue rose 6% to Rs. 206.41 crores
• PAT jumped 19% to Rs. 41.23 crores

Export Performance

Exports continue to be a significant driver for Mayur Uniquoters, contributing 40% of total revenue at Rs. 80.05 crores. The company has received strong export orders, particularly from the United States and OEM supplies.

Segment-wise Performance

Strategic Focus

Chairman and Managing Director Suresh Kumar Poddar emphasized the company's strategy to focus on high-quality, high-price products and target multinational brands to improve profitability. The company is actively expanding its presence in various segments:

1. Footwear and Accessories: Engaging with global brands like Aditya Birla and Adidas for high-margin products.
2. Automotive Sector: Supplying to Mercedes-Benz and BMW in South Africa, with each OEM receiving approximately 35,000 meters per month.
3. Retail Expansion: Increasing the distribution network to around 1,000 dealers.
4. New Markets: Entering garment and leather goods segments with multinational brands.

Future Outlook

Despite global uncertainties, Mayur Uniquoters maintains its guidance:

• Revenue growth: 12-15%
• Profit growth: 15-20%

The company has postponed its Mexico plant expansion due to current uncertainties but remains committed to global expansion in the long term.

Tariff Impact

Regarding the recent tariff changes, particularly in the US market:

• Up to 25% tariff: The company does not foresee significant impact on its competitiveness.
• 50% tariff (if implemented): Could pose challenges, but the situation is still evolving.

Mayur Uniquoters is actively diversifying its export markets, including increased focus on Europe and the Middle East, to mitigate potential risks.

Mr. Poddar stated, "We are not leaving any stone unturned. But everything takes its time. We are sincerely working for the improvement of our company because it is a public limited company. We have to work for our shareholders."

As Mayur Uniquoters navigates through global market dynamics, its strategy of focusing on high-value products and diversifying across segments and geographies positions it to capitalize on emerging opportunities in the synthetic leather industry.

Mayur Uniquoters , a leading manufacturer of synthetic leather, has announced ambitious growth projections for the fiscal year 2026, coupled with the release of its Q1 FY2026 financial results.

Growth Projections

During a recent conference call, Mayur Uniquoters reaffirmed its commitment to achieving substantial financial growth. The company expects:

• Revenue to increase by 10-15%
• Profit to rise by 15-20%

These projections underscore the company's confidence in its business strategy and market position for the upcoming fiscal year.

Q1 FY2026 Earnings Conference

Mayur Uniquoters held its earnings conference call on August 07, 2025, to discuss the unaudited financial results for the quarter ended June 30, 2025. This aligns with the company's commitment to transparency and regular communication with its stakeholders.

Investor Access

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Mayur Uniquoters has made the audio recording of the earnings conference call publicly available. Investors and analysts can access the recording at:

https://www.mayuruniquoters.com/audio/for-the-q1-fy-2026.mp3

This move allows stakeholders to review the detailed discussion of the company's performance and future outlook at their convenience.

Management Commentary

While specific details from the earnings call are not provided, the reaffirmation of the growth targets suggests that the management remains optimistic about the company's prospects. The projected increase in both revenue and profit indicates a focus on not just top-line growth but also on improving profitability.

Looking Ahead

As Mayur Uniquoters progresses through FY2026, investors and market watchers will likely keep a close eye on the company's performance against these ambitious targets. The synthetic leather market's dynamics, global economic conditions, and the company's strategic initiatives will play crucial roles in achieving these growth projections.

Investors are encouraged to review the full earnings call recording for a comprehensive understanding of Mayur Uniquoters' Q1 FY2026 performance and detailed insights into the company's strategy for meeting its fiscal year 2026 targets.