Mayur Uniquoters is an Indian company engaged in various sectors such as automotive, footwear, furniture, leather goods and garments. It also specializes in the production of high-quality leather, which is known for its durability and cost-effectiveness.
The company has a wide range of products to meet the requirements of its clients. The manufacturing facilities are equipped with state-of-the-art technology and quality standards, ensuring consistent excellence in their offerings.
Mayur Uniquoters is listed on the stock exchanges in India and has attracted the attention of investors over the years. The company has shown stable performance in other years except 2020. But, market experts say that there will be an upside in the share price in the next 12 months and the expected price can be Rs.585.50.
This may be a good option for the long term, but not for the near term. As the demand for artificial leather continues to grow globally, Mayur Uniquoaters is well-positioned to capitalize on the opportunity and further strengthen its market position.
Mayur Uniquoters Limited – Overview
Brief information about the company is given below:
Business Areas
The company is operating in various sectors and has established itself as a market player in the market. The business scope of Mayur Unicorns is as follows:
- Automotive: The company has an excellent range of PVC vinyl and PU synthetic leather for the automotive industry. This artificial leather is used on door trims, steering wheel covers, gear boot knob covers and many other parts.
- Footwear: Mayur Unicoaters produces a beautiful collection of exclusive PVC vinyl and PU synthetic leather for the footwear industry. They offer products for various parts of footwear such as shoe uppers, shoe linings and insoles.
- Furnishing: One of the largest consumers of faux leather is the furnishings industry, which has adopted it as a more economical alternative to genuine leather.
- Leather Goods & Garments: Artificial leather allows it to be used in a wide range of products such as purses, bags, diary covers, apparel, belts, purses, hand gloves, pads, footballs, etc.
Therefore, the company has large business areas which have great potential in the future.
Fundamentals
The company reported a revenue of Rs 193.24 crore in March 2023, up 19.38 per cent year-on-year. If we look at its profitability, it shows negative net income. In the last three years, the company has given tremendous returns of up to 257.14 per cent. But, most of the time Mayur Uniquoters Limited shows a sideways trend which is not good for the long term.
Mayur Uniquoters share price target 2024-2030
Top market analysts say that Mayur Uniquoters is Bullish and will definitely witness an upside move in the next 12 months. But, the BankShala team has a different approach, research and analysis which will be mentioned below:
2024
| Target-I | Rs 515.00 |
| Target-II | Rs 530.50 |
Mayur Uniquoters share price target for 2025
| Target-I | Rs 535.20 |
| Target-II | Rs 555.10 |
2026
| Target-I | Rs 550.30 |
| Target-II | Rs 570.40 |
2028
| Target-I | Rs 605.50 |
| Target-II | Rs 635.80 |
Mayur Uniquoters share price target for 2030
| Target-I | Rs 650.10 |
| Target-II | Rs 705.50 |
Related:
FAQs
The maximum share price target for Mayur Uniquoters in 2025 is Rs 535.10 to Rs 555.20.
In Mayur Uniquoters’ 2023 quarterly results, the company reported revenue of Rs 193.24 crore, up 19.39 per cent, and net income of Rs 23.38 crore.
To buy Mayur Uniquoters shares you need to open a demat/trading account through a stockbroker platform. It is very simple, you have to submit your details and basic documents, that’s all.
The highest share price target for Mayur Uniquoters is Rs 650.10 to Rs 705.50 by 2030.
Conclusion
Mayur Uniquoters has great potential in future and you can expect good returns in the next 12 months. As the company has a diversified product portfolio which helps in reducing the volatility in the market. Moreover, it has expanded its business to various locations in India which is expected to generate revenue and profit.
| Buy/Sell/Hold/Avoid | Sell |
Disclaimer: Mayur Uniquoters’ share price target is for general information only. We are not SEBI-registered financial advisors and no part of the website content should be considered financial advice. Before investing do your own research and consult your financial advisor.
