Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.07 | 0.03 | -0.07 | 0.03 | 0.07 | 0.05 | 1.18 | 0.06 | 0.13 | 0.07 | 0.13 | 0.07 |
| Operating Profit | -0.06 | -0.03 | 0.07 | -0.03 | -0.07 | -0.05 | -1.18 | -0.06 | -0.13 | -0.07 | -0.13 | -0.07 |
| OPM % | -600.00% | |||||||||||
| Other Income | 0.07 | 0.06 | 0.04 | 0.06 | 0.06 | 0.08 | 1.49 | 0.00 | 0.82 | 0.36 | 0.47 | 0.00 |
| Interest | 0.12 | 0.12 | 0.11 | 0.06 | 0.04 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| Depreciation | 0.06 | 0.06 | 0.03 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.17 | -0.15 | -0.03 | -0.09 | -0.11 | -0.04 | 0.25 | -0.12 | 0.64 | 0.26 | 0.31 | -0.09 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.17 | -0.15 | -0.03 | -0.09 | -0.10 | -0.04 | 0.25 | -0.11 | 0.63 | 0.27 | 0.31 | -0.09 |
| EPS in Rs | -0.35 | -0.31 | -0.06 | -0.19 | -0.21 | -0.08 | 0.52 | -0.23 | 1.30 | 0.56 | 0.64 | -0.19 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32.12 | 24.00 | 18.78 | 12.61 | 9.66 | 8.23 | 9.27 | 3.46 | 0.24 | 0.00 | 0.00 | 0.00 |
| Expenses | 32.32 | 26.90 | 21.73 | 15.29 | 13.46 | 9.66 | 9.83 | 7.82 | 0.41 | 1.28 | 0.36 | 0.40 |
| Operating Profit | -0.20 | -2.90 | -2.95 | -2.68 | -3.80 | -1.43 | -0.56 | -4.36 | -0.17 | -1.28 | -0.36 | -0.40 |
| OPM % | -0.62% | -12.08% | -15.71% | -21.25% | -39.34% | -17.38% | -6.04% | -126.01% | -70.83% | |||
| Other Income | 1.52 | 1.61 | 1.53 | 1.56 | 3.04 | 1.06 | 0.93 | 1.72 | 0.04 | 1.69 | 1.65 | 1.65 |
| Interest | 0.64 | 0.53 | 0.84 | 0.82 | 0.84 | 0.40 | 0.50 | 0.55 | 0.51 | 0.15 | 0.02 | 0.02 |
| Depreciation | 0.40 | 0.40 | 0.55 | 0.45 | 0.41 | 0.34 | 0.35 | 0.31 | 0.23 | 0.23 | 0.15 | 0.11 |
| Profit before tax | 0.28 | -2.22 | -2.81 | -2.39 | -2.01 | -1.11 | -0.48 | -3.50 | -0.87 | 0.03 | 1.12 | 1.12 |
| Tax % | 7.14% | -2.25% | 1.42% | -0.42% | 6.47% | 7.21% | 6.25% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | 0.27 | -2.17 | -2.84 | -2.38 | -2.13 | -1.20 | -0.51 | -3.49 | -0.87 | 0.03 | 1.13 | 1.12 |
| EPS in Rs | 0.56 | -4.49 | -5.87 | -4.92 | -4.41 | -2.48 | -1.05 | -7.22 | -1.80 | 0.12 | 2.48 | 2.31 |
| Dividend Payout % | 184.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | % | ||
| Compounded Profit Growth | 5% | 18% | 30% | 780% | ||
| Stock Price CAGR | 5% | 36% | 102% | 158% | ||
| Return on Equity | -27% | -25% | 0% | 20% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.98 | 4.98 | 4.98 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 |
| Reserves | 11.20 | 10.90 | 8.39 | 4.75 | 2.65 | 2.15 | 0.37 | -0.33 | -2.97 | -2.22 | -2.30 | -1.10 |
| Borrowings | 6.85 | 6.99 | 5.82 | 8.95 | 7.50 | 6.80 | 7.15 | 3.41 | 4.32 | 4.19 | 3.93 | 3.88 |
| Other Liabilities | 6.62 | 6.41 | 6.40 | 9.90 | 8.78 | 6.87 | 5.45 | 10.97 | 8.57 | 6.52 | 6.72 | 6.89 |
| Total Liabilities | 29.65 | 29.28 | 25.59 | 27.86 | 23.19 | 20.08 | 17.23 | 18.31 | 14.18 | 12.75 | 12.61 | 13.93 |
| Fixed Assets | 3.52 | 3.29 | 2.61 | 4.37 | 3.99 | 2.84 | 2.58 | 3.51 | 3.10 | 2.31 | 3.59 | 2.87 |
| CWIP | 0.25 | 0.25 | 0.08 | 0.08 | 0.08 | 0.22 | 1.34 | 0.00 | 0.00 | 0.17 | 0.17 | 0.00 |
| Investments | 1.06 | 1.34 | 1.20 | 0.32 | 0.33 | 0.03 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 24.82 | 24.40 | 21.70 | 23.09 | 18.79 | 16.99 | 13.27 | 14.80 | 11.08 | 10.27 | 8.85 | 11.06 |
| Total Assets | 29.65 | 29.28 | 25.59 | 27.86 | 23.19 | 20.08 | 17.23 | 18.31 | 14.18 | 12.75 | 12.61 | 13.93 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.47 | -0.24 | -0.99 | 2.21 | 0.32 | -3.65 | 0.90 | 3.09 | -0.21 | -0.16 | -0.75 | -0.57 |
| Cash from Investing Activity | 0.43 | 0.70 | 0.84 | -2.63 | 0.82 | 4.55 | -0.87 | 1.02 | -0.11 | 0.29 | 0.75 | 1.41 |
| Cash from Financing Activity | 1.14 | -0.91 | -0.54 | -0.04 | -0.99 | -0.72 | -0.22 | -4.25 | 0.48 | -0.33 | -0.01 | -0.08 |
| Net Cash Flow | 1.10 | -0.45 | -0.69 | -0.46 | 0.16 | 0.18 | -0.19 | -0.13 | 0.17 | -0.21 | -0.01 | 0.76 |
| Free Cash Flow | -1.05 | -0.47 | -1.02 | -0.11 | 0.25 | -0.34 | -0.30 | 3.45 | -0.78 | -0.14 | -0.54 | 0.84 |
| CFO/OP | -4% | 35% | 34% | -75% | -12% | 96% | -63% | -552% | 5% | 94% | 59% | 158% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59.55 | 60.23 | 65.09 | 86.29 | 49.50 | 40.05 | 57.65 | 72.06 | 50.64 | 623.54 | ||
| Inventory Days | 108.54 | 114.86 | 71.07 | 94.93 | 134.58 | 127.46 | 130.48 | 89.75 | 67.85 | 1,063.26 | ||
| Days Payable | 70.24 | 74.48 | 61.76 | 21.32 | 27.08 | 118.77 | 88.16 | 94.67 | 358.13 | 6,347.83 | ||
| Cash Conversion Cycle | 97.85 | 100.61 | 74.39 | 159.90 | 157.00 | 48.74 | 99.97 | 67.13 | -239.65 | -4,661.02 | ||
| Working Capital Days | 125.61 | 109.66 | 124.56 | 97.18 | 81.92 | 115.62 | 46.57 | 25.20 | -144.52 | -2,448.54 | ||
| ROCE % | 4.27% | -8.46% | -10.07% | -7.84% | -17.09% | -8.44% | -3.90% | -23.45% | -1.75% | 3.97% | 7.49% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.02% | 64.02% | 64.02% | 64.02% | 64.02% | 64.01% | 64.01% | 64.01% | 64.01% | 52.02% | 40.69% | 26.50% |
| DIIs | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
| Public | 35.48% | 35.48% | 35.48% | 35.48% | 35.48% | 35.48% | 35.48% | 35.48% | 35.49% | 47.49% | 58.81% | 73.00% |
| No. of Shareholders | 1,873 | 1,860 | 1,862 | 1,860 | 1,873 | 1,872 | 1,871 | 1,978 | 2,107 | 2,084 | 2,078 | 2,122 |
Fundamentals
Market Cap₹ 21.1 Cr.
Current Price₹ 43.7
Stock P/E48.0
Book Value₹ 6.37
ROCE7.49 %
ROE20.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)780%
Consolidated figures.
Valuation
Market capRs 19 Cr
Enterprise valueRs 22 Cr
P/E (TTM)17.25x
Price to book6.12x
EV / EBITDA17.82x
EV / EBIT19.54x
Earnings yield5.80%
P/E, 3-year average31.34x
P/B, 3-year average2.15x
P/E, 5-year average31.34x
P/B, 5-year average1.97x
Profitability
ROE46.88%
ROCE17.63%
ROA9.04%
ROE, 3-year average-0.79%
ROCE, 3-year average4.84%
ROA, 3-year average1.02%
ROE, 5-year average-29.60%
ROCE, 5-year average-6.17%
ROA, 5-year average-4.26%
ROIC (approx.)18.66%
Other income / net worth52.22%
Growth
Profit growth (latest year)1900.00%
Profit growth QoQ-129.03%
Per share
EPS (TTM)Rs 2.32
EPS (latest year)Rs 2.48
EPS (latest quarter)Rs -0.19
EPS, 3-year averageRs 0.27
EPS, 5-year averageRs -1.49
Book value per shareRs 6.54
Cash flow per shareRs -1.18
Free cash flow per shareRs 1.74
Efficiency
Inventory turnover0.00x
Creditor days6348 days
Cash conversion cycle-4661 days
Working capital days-2449 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 1 Cr
Net debtRs 3 Cr
Debt to equity1.23x
Net debt / EBITDA2.36x
Interest coverage57.00x
Owners' fund to total sources22.68%
Debt to assets27.85%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 4 Cr
ReservesRs -1 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 14 Cr
Net blockRs 3 Cr
ReceivablesRs 0 Cr
InventoryRs 1 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)0.48
Ownership
Promoter holding26.50% (-37.51 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 6.12 is at the 98th percentile (median 0.80).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 531680 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.4% | -2.8% | -1.6 pts |
| 1 month | +25.6% | -6.8% | +32.4 pts |
| 3 months | +94.4% | -7.6% | +102.0 pts |
| 3 years | +664.2% | +14.2% | +650.1 pts |
| 5 years | +338.3% | +27.9% | +310.4 pts |
Red flags
F-score 4 of 6| explain | Weak cash conversion Cash from operations was -379% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 13% of total assets in 2026 |
| look | Profit leans on other income Other income was 147% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹0 Cr.
Net loss ₹0 Cr.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Mayur Leather Products Ltd?
Mayur Leather Products Ltd (531680) has a market capitalisation of Rs 21.1 Cr. at the 2026-10-01 close.
What is the P/E ratio of Mayur Leather Products Ltd?
Mayur Leather Products Ltd trades at a P/E of 48.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Mayur Leather Products Ltd's latest quarterly results?
In the Jun 2026 quarter, Mayur Leather Products Ltd sales was Rs 0 Cr with a net loss of Rs 0 Cr.