Mayur Uniquoters Limited (MAYURUNIQ.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+175.9%

₹2,093.55

vs ₹758.80 price

Levered DCF

₹1,998.68

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	11.2×	14.05×	17.3×	17.73×	16.91×	20.99×	8.52×	17.78×
P/B	1.9×	2.19×	2.44×	2.45×	2.26×	3.02×	1.18×	3.07×
P/S	2.22×	2.38×	2.64×	2.38×	2.43×	3.67×	1.3×	2.7×
EV / EBITDA	7.16×	8.73×	10.85×	11.65×	10.94×	13.53×	5.59×	10.6×
Gross margin	36.4%	42.7%	41.5%	38.8%	39.3%	46.2%	23.0%	23.8%
Operating margin	21.2%	18.4%	16.5%	15.0%	16.1%	20.9%	16.7%	18.9%
Net margin	19.8%	17.0%	15.3%	13.4%	14.4%	17.5%	15.3%	15.2%
Current ratio	7.45×	7.77×	8.07×	5.73×	5.66×	4.1×	4.24×	5×
Debt / equity	0.01×	0.01×	0.02×	0.03×	0.04×	0.07×	0.06×	0.04×
Interest coverage	147.26×	89.31×	50.71×	46.92×	44.35×	42.55×	56.15×	128.81×
Dividend yield	1.0%	0.6%	0.4%	0.5%	0.6%	0.3%	2.2%	0.9%
Payout ratio	11.3%	8.8%	7.4%	8.7%	9.6%	5.5%	18.5%	16.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	16.9%	15.6%	14.1%	13.8%	13.3%	14.4%	13.8%	17.3%
Return on invested capital	13.2%	12.4%	11.5%	11.8%	10.9%	12.1%	11.0%	13.9%
Return on assets	15.2%	14.2%	12.7%	12.0%	11.5%	11.9%	11.5%	14.4%
Free cash flow yield	5.4%	6.6%	4.3%	4.9%	-2.2%	1.4%	2.0%	1.0%
Earnings yield	8.9%	7.1%	5.8%	5.6%	5.9%	4.8%	11.7%	5.6%
Enterprise value	₹20.7B	₹20.2B	₹20.7B	₹18.2B	₹16B	₹19B	₹6.9B	₹16B
Net debt / EBITDA	-0.25×	-0.32×	-0.26×	-0.16×	0.02×	0.15×	0.09×	0.05×
Cash conversion cycle (days)	181	177	189	162	190	218	140	111