Mayur Leather Products Ltd
MAYURBSE
₹40.49▲ +0.91 (+2.30%)
Whole company worth₹20 Cr
Price for ₹1 of profit₹17
1-year range₹13 – ₹46
The short version
A thinly profitable business — priced richly for what it earns.
What Mayur Leather Products does
Incorporated in 1987, Mayur Leather Products Limited is engaged in manufacturing and export of leather shoe and shoe uppers.
Worked out from Mayur Leather Products's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Mayur Leather Products is a micro-sized company in jewellery & watches.
Incorporated in 1987, Mayur Leather Products Limited is engaged in manufacturing and export of leather shoe and shoe uppers.
- Whole company is worth
- ₹20 crore
- Run by
- Rajendra Kumar Poddar
- Shareholders
- 2,122 people
- Listed since
- 1996
A very small company by stock-market value — prices can swing hard and trading can be thin.
03Does it make money?
For every ₹100 it sells, it spends ₹463.
Here is where the money from Mayur Leather Products's sales went in FY24, the latest full year it has reported.
₹96
₹58
₹213
₹96
₹100 of sales ends here
- ₹96Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹58Running the businessstaff, rent, marketing, power and everything else
- ₹213Interest on its loansthe cost of borrowed money
- ₹96Wear and tearmachines, stores and buildings losing value over time
- ₹363Lossspent beyond what came in — covered by savings or new money
On the money its owners have put in
It earns ₹0 a year on every ₹100 its owners have invested.
Bank FD ~₹6–7
₹0
₹-10₹0₹10₹20₹30₹40
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹-529 actually came in as cash.
Profit it reported₹0.3 Cr
Cash its business brought in−₹1.5 Cr
Over the last 3 years: ₹0.3 crore of profit but only −₹1.5 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
You pay ₹17 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 17 means buyers are paying for about 17 years of today's profit up front.
The share price over the past year
It is 12% below its highest price of the past year and 218% above its lowest.
05Who owns it?
Its founders and parent group own 27 of every 100 shares — a large stake, though not a majority.
If the company were split into 100 equal shares, this is who would hold them. Last quarter, founders & parent group cut their stake by 14.2 percentage points. 2,122 people and institutions hold its shares.
As filed for the quarter ending 30 Jun 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
The figures raise more questions than they answer.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
Nothing stands out in its favour in the figures we have.
Worth watching
- Carries meaningful debt — ₹123 of loans for every ₹100 of shareholders' money.
- Founders sold down 14.2 points of their stake last quarter.
- Thinly traded — only about ₹3 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹0.0 Cr
Loss
₹0.1 Cr
No notable developments in the last few weeks.
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This page describes Mayur Leather Products using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Mayur Leather Products Ltd (MAYUR): company summary
The company's business has improved significantly, with annual net profit rising 3633.3% to ₹1 crore.
Mayur Leather Products Ltd (MAYUR) is a micro-cap Consumer Goods company valued at ₹20 crore operating in Jewellery & Watches on the NSE and BSE.
- Recent price move
- Mayur Leather Products Ltd last traded at ₹40.49, up 2.30% on the day.
- Financial performance
- The company's business has improved significantly, with annual net profit rising 3633.3% to ₹1 crore. However, the latest quarter shows a net loss of ₹0 crore, which is flat compared to the same quarter a year earlier.
- Valuation multiples
- The stock trades at 17.4 times earnings, 4.99 times book value.
- Things to watch
- The company's return on equity is 0.0%, indicating no return to shareholders. Promoter holding fell by 14.19 percentage points in the latest quarter, raising concerns about ownership stability.
- Where it stands
- Mayur Leather Products Ltd ended the latest quarter with a net loss of ₹0 crore, while annual net profit surged to ₹1 crore. The most significant movement is the sharp decline in promoter holding.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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