Dashboard/MAYURUNIQ

MAYURUNIQ

OVERVALUED

Mayur Uniquoters Ltd

Others · NSE

↓ 65.5% vs fair value

52W Low

₹441

+20.6% from low

52W High

₹630

-15.6% from high

News sentiment (4 articles)

2 bull1 neutral1 bear

✦

Analyst Note

2d ago

Mayur Uniquoters trades at ₹531.85, significantly overvalued versus its fair value of ₹321.44 with a -64.4% margin of safety, though high-confidence valuation suggests caution. The company demonstrates solid fundamentals with earnings growth of 65.7% year-on-year, strong ROCE of 20.9% that is improving, and robust free cash flow of ₹138 Cr, supported by a strong Piotroski score of 8 indicating quality accounting. Sentiment remains consistently bullish over the last month, though valuation concerns outweigh operational strengths. Suited for value-conscious investors willing to wait for a meaningful price correction.

Valuation Gauge

OVERVALUED-65.5% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹532

Fair Value

₹321

Fair Value Analysis

₹321

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Others sector companies | ROCE improving (latest 19.8%) — capital allocation becoming more efficient.

High confidence

Cash Flow Analysis

33% weight

₹229

Balance Sheet Value

33% weight

₹398

Growth Valuation

33% weight

₹337

Price vs Market

MAYURUNIQ

Nifty 50

Shareholding Pattern

Stock Health Score

Financially Strong

8.8 / 10

Profitability

8/10

ROE of 13.0% is acceptable for Others sector (benchmark: 15%)

Debt & Leverage

10/10

D/E ratio of 0.0x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 17.5x trades at a 56% discount to Others sector median (40x) — attractively valued

Cash Flow

10/10

FCF margin of 15.8% — exceptional cash generation (₹138 Cr)

Earnings Growth

8/10

5yr EPS CAGR of 16.5% is in line with the Others sector average of 12.0%

Dividend

6/10

Dividend yield of 0.9% provides moderate shareholder returns

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

3.9%

Free cash flow / market cap

Revenue Growth (YoY)

+11.0%

Year-on-year revenue change

Profit Growth (YoY)

-7.9%

Year-on-year PAT change

Operating Cash Flow

₹157 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹30.3

P/E Ratio

17.5x

P/B Ratio

2.3x

ROE

13%

ROCE

20.9%

Debt / Equity

0.01x

Beta

0.12

Div Yield

0.9%

FCF (Cr)

₹138 Cr

Revenue (Cr)

₹873 Cr

EPS Growth 5Y

16.5%

Mkt Cap (Cr)

₹2,301 Cr

52W High

₹629.9

52W Low

₹441

Book Value/Share

₹232.9

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹944 Cr	₹202 Cr	21.0%	₹174 Cr	₹39.99
2025-03-31	₹880 Cr	₹191 Cr	22.0%	₹149 Cr	₹34.36
2024-03-31	₹803 Cr	₹159 Cr	20.0%	₹122 Cr	₹27.86
2023-03-31	₹776 Cr	₹139 Cr	18.0%	₹104 Cr	₹23.71
2022-03-31	₹656 Cr	₹126 Cr	19.0%	₹94 Cr	₹21.17
2021-03-31	₹513 Cr	₹122 Cr	24.0%	₹90 Cr	₹20.13
2020-03-31	₹528 Cr	₹104 Cr	20.0%	₹80 Cr	₹17.60
2019-03-31	₹591 Cr	₹129 Cr	22.0%	₹90 Cr	₹19.76
2018-03-31	₹570 Cr	₹150 Cr	26.0%	₹97 Cr	₹21.38
2017-03-31	₹474 Cr	₹126 Cr	27.0%	₹82 Cr	₹17.81
2016-03-31	₹491 Cr	₹131 Cr	27.0%	₹77 Cr	₹16.68

Compounded Growth Rates

Sales Growth

3Y+6.8%

5Y+13.0%

10Y+6.8%

Profit Growth

3Y+18.7%

5Y+14.1%

10Y+8.5%

EPS Growth

3Y+19.0%

5Y+14.7%

10Y+9.1%

Peer Comparison

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SHANTIGOLD Shanti Gold International Limited	₹174	₹628	+72.3%	9.5	23.6%	UNDERVALUED
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