Mayur Uniquoters Share Price Target 2025, 2026, 2030, 2040, 2050
Mayur Uniquoters is an Indian company that makes and sells artificial leather, which is used in shoes, car seats, furniture, and bags. The company supply its products to over 20 countries and has storage places in the USA and Mexico. They work with big car companies like Ford, Chrysler, Daimler, Mahindra, and Tata Motors. It follows some environmental steps, like using less and reusing things. Their factories are modern and are always being improved to work better.
- 1 What is Mayur Uniquoters Ltd NSE: MAYURUNIQ?
- 2 Share Price Target Tomorrow
- 3 Mayur Uniquoters share price Target 2025
- 4 Mayur Uniquoters share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Mayur Uniquoters share price Target 2030
- 9 Share price Target 2040
- 10 Share price Target 2050
- 11 Should I buy Mayur Uniquoters stock?
- 12 Mayur Uniquoters earnings results
- 13 Is Mayur Uniquoters stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Mayur Uniquoters Ltd NSE: MAYURUNIQ?
Mayur Uniquoters was established in 1992, located in Jaipur, Rajasthan, and the company, owned by Suresh Kumar Poddar. It is a leading maker of synthetic leather and coated fabrics. It produces PVC and PU synthetic leather used in items like shoes, car seats, furniture, and accessories. It has a large production capacity and sells its products worldwide, including South Africa and Dubai. In 2022-23, the company made ₹79,337.65 lakhs in total income and ₹10,420.70 lakhs in profit. The company is known for its focus on quality and innovation.
The stock has fallen much since it reached an all-time high price. The stock recorded its all-time high price in 2024, and from that point it fell significantly, and till now it is in bearish mode. Some of the strong bullish candles have been formed in the daily time frame, but for buying this stock, you should consider some multiple confirmations to trade on it.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -13 | +51 |
The company has grown every year. In 2023. Today, it is the biggest producer of artificial leather in India using the ‘Release Paper Transfer Coating Technology.’ The company has increased its production from just 0.25 million linear meters per month to 3.5 million linear meters per month with seven PVC coating lines. It has also started a new PU coating plant in Morena, which has a starting capacity of 5 million linear meters per year and can grow to 20 million linear meters per year. In 2025, its share price target would be ₹706, as per our analysis.
By our prediction, its share price would be between ₹423 to ₹706 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 423 | 706 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 501 | 621 |
February | 466 | 561 |
March | 445 | 495 |
April | 441 | 510 |
May | 450 | 590 |
June | 437 | 600 |
July | 423 | 614 |
August | 480 | 622 |
September | 521 | 647 |
October | 542 | 668 |
November | 578 | 681 |
December | 620 | 706 |
It provides high-quality products and always tries to improve the quality. The company has a textile knitting unit at its Dhodhsar plant with a monthly capacity of 2.25 million linear meters. This setup helps the company serve its customers faster by reducing delays. It has modern machines for every stage of production, including knitting, processing, heat setting, coating, embossing, printing, lacquering, sueding, tumbling, and laminating. The company values quality and new ideas, and its advanced labs test artificial leather for different uses and industries. In 2026, its share price target would be ₹985, as per our prediction.
Its share price would be between ₹620 to ₹985 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 620 | 985 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 620 | 719 |
February | 631 | 730 |
March | 640 | 739 |
April | 652 | 751 |
May | 681 | 768 |
June | 698 | 781 |
July | 708 | 810 |
August | 725 | 827 |
September | 739 | 854 |
October | 751 | 884 |
November | 800 | 930 |
December | 839 | 985 |
The company is following the rules to cause less harm to the environment. It has received important certifications like ISO 9001, ISO 14001, IATF 16949, ISO 45001, ISO 27001, and TISAX. These show that the company cares about quality, safety, the environment, and protecting information while making artificial leather. The company is always working to be more efficient and tries to provide the best quality of its products. In 2027, its share price target would be ₹1260, as per our analysis.
By our prediction, its share price would be between ₹839 to ₹1260 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 839 | 1260 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 839 | 998 |
February | 851 | 1021 |
March | 867 | 1040 |
April | 877 | 1062 |
May | 898 | 1090 |
June | 938 | 1100 |
July | 954 | 1124 |
August | 975 | 1138 |
September | 984 | 1151 |
October | 997 | 1184 |
November | 1042 | 1211 |
December | 1124 | 1260 |
It has the largest capacity for making synthetic leather. It can produce 48.60 million meters of PVC-coated fabric and 5.00 million meters of PU-coated fabric each year. The company makes over 400 types of artificial leather from PVC, which is used in products like shoes, sandals, car seats, furniture, clothing, and other leather items. It supplies its product to many other companies, some well-known companies like BMW, Mercedes-Benz, Ford, Hyundai, Maruti Suzuki, Tata, and many more. In 2028, its share price target would be ₹1541, as per our prediction.
Its share price would be between ₹1124 to ₹1541 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1124 | 1541 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1124 | 1277 |
February | 1140 | 1289 |
March | 1162 | 1300 |
April | 1184 | 1314 |
May | 1200 | 1331 |
June | 1224 | 1350 |
July | 1245 | 1378 |
August | 1284 | 1388 |
September | 1310 | 1419 |
October | 1328 | 1435 |
November | 1351 | 1484 |
December | 1400 | 1541 |
It exports its products to big car companies like Mercedes-Benz and BMW in Europe. It is also in the decoration business with its brand called TEXTURE AND HUES. The factory uses machines that were brought from Italy. It is also going to set up a small R&D plant in Italy to work on research and development. This will help them improve their products and meet different customer needs. In 2029, its share price target would be ₹1820, as per our analysis.
By our prediction, its share price would be between ₹1400 to ₹1820 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 1400 | 1820 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1400 | 1560 |
February | 1422 | 1584 |
March | 1446 | 1600 |
April | 1467 | 1621 |
May | 1484 | 1640 |
June | 1520 | 1668 |
July | 1541 | 1681 |
August | 1565 | 1700 |
September | 1587 | 1722 |
October | 1624 | 1745 |
November | 1654 | 1768 |
December | 1705 | 1820 |
The company makes materials that are used to make shoes, clothes, bags, sports items, and furniture covers. These materials are used instead of real leather. It started selling its products in new countries like Sri Lanka, Mauritius, and South Africa. The company added a new machine that can make 3.6 million meters of material every year. It also started a new unit to make knitted fabric. The company opened a new branch in Texas, USA to make it easier to sell its products in the United States. In 2030, its share price target would be ₹2090, as per our prediction.
Its share price would be between ₹1705 to ₹2090 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1705 | 2090 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1705 | 1843 |
February | 1721 | 1861 |
March | 1735 | 1879 |
April | 1751 | 1898 |
May | 1765 | 1921 |
June | 1784 | 1942 |
July | 1798 | 1960 |
August | 1822 | 1984 |
September | 1845 | 2000 |
October | 1878 | 2019 |
November | 1908 | 2039 |
December | 1974 | 2090 |
The company has three factories in Jaipur. It makes more than 400 different types of artificial leather and supplies its products to famous car companies such as BMW, Mercedes-Benz, Ford, Hyundai, Tata, and Toyota, as well as to shoe brands like Bata and Relaxo. It also sells its products in Europe. The company uses machines from Italy and is also setting up a small plant for testing and improving products through research. In 2040, its share price target would be ₹4200, as per our analysis.
By our prediction, its share price would be between ₹3880 to ₹4200 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 3880 | 4200 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3880 | 4011 |
February | 3900 | 4031 |
March | 3924 | 4052 |
April | 3957 | 4066 |
May | 3984 | 4080 |
June | 3980 | 4098 |
July | 4000 | 4121 |
August | 4025 | 4134 |
September | 4042 | 4151 |
October | 4062 | 4168 |
November | 4078 | 4187 |
December | 4090 | 4200 |
The company is financially strong with good profits and little debt. It is also expanding its product range, especially in artificial leather, and growing its retail business. Its stock growth has been growing, but not as fast as its competitors. Its strong financial health and low debt make it a stable choice for long-term investors. In 2050, its share price target would be ₹6550, as per our prediction.
Its share price would be between ₹6224 to ₹6600 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 6224 | 6600 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 6224 | 6352 |
February | 6247 | 6370 |
March | 6258 | 6398 |
April | 6278 | 6420 |
May | 6289 | 6451 |
June | 6324 | 6462 |
July | 6344 | 6474 |
August | 6359 | 6490 |
September | 6378 | 6518 |
October | 6390 | 6541 |
November | 6400 | 6575 |
December | 6445 | 6600 |
Should I buy Mayur Uniquoters stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 423 | 706 |
2026 | 620 | 985 |
2027 | 839 | 1260 |
2028 | 1124 | 1541 |
2029 | 1400 | 1820 |
2030 | 1705 | 2090 |
2040 | 3880 | 4200 |
2050 | 6224 | 6600 |
It sells its products in more than 20 countries and works with big companies like BMW, Mercedes-Benz, Ford, and Tata Motors. The company makes good profits, has very little debt, and keeps improving its factories with new machines and better technology. It also follows rules to protect the environment and has many certificates to show its products are safe and of good quality. Right now, the stock price has fallen a lot since 2024 and is still going down, so it might not be the best time to buy it for short-term profit. But because the company is strong and growing, it could be a good choice for people who want to invest for the long term.
Mayur Uniquoters earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 516 | 501 | 631 | 764 | 764 | 820 |
Expenses + | 410 | 380 | 517 | 620 | 608 | 639 |
Operating Profit | 107 | 120 | 114 | 144 | 156 | 181 |
OPM % | 21% | 24% | 18% | 19% | 20% | 22% |
Other Income + | 19 | 20 | 20 | 16 | 31 | 40 |
Interest | 2 | 3 | 2 | 2 | 2 | 2 |
Depreciation | 18 | 18 | 20 | 22 | 29 | 29 |
Profit before tax | 106 | 118 | 111 | 135 | 155 | 190 |
Tax % | 24% | 25% | 24% | 21% | 23% | 26% |
Net Profit + | 81 | 89 | 84 | 107 | 120 | 141 |
EPS in Rs | 17.79 | 19.97 | 18.92 | 24.45 | 27.20 | 32.08 |
Dividend Payout % | 22% | 10% | 11% | 8% | 11% | 15% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
15.67 | 2.70 | 0.94% | 34.21 | 6.26 | 0.82% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Mayur Uniquoters Ltd | 15.67 | 2.70 | 0.94% |
KPR Mill Ltd | 54.78 | 10.24 | 0.38% |
Aditya Birla Real Estate Ltd | 400.99 | 4.95 | 0.28% |
Vedant Fashions Ltd | 45.22 | 10.97 | 1.11% |
Is Mayur Uniquoters stock good to buy? (bull case & bear case)

Bull Case:
- Revenue and profit growth in recent quarters increased.
- A strong return on capital employed (ROCE) of around 20%.
- Low debt.
- Focus on value-added and B2C products has improved margins.
- Experts suggest buying this stock.
Bear Case:
- The company has delivered a poor sales growth of 9.69% over the past five years.
- The stock is overvalued, according to some experts.
Conclusion
It is a strong Indian company that makes artificial leather used in car seats, shoes, furniture, and bags. It sells its products in over 20 countries. The company has modern machines, makes good profits, and has very little debt. It is also careful about the environment and keeps improving its products. Right now, the stock price has dropped since it reached a high in 2024, so it may not be the best time to buy for quick profits. But because the company is stable and growing well, it can be a good option for long-term investors.