ICICI Direct: Mayur Uniquoters - Proven Capabilities, Attractive Risk-Reward Opportunity   
A sheet of Polyvinyl Chloride. (Photographer Jasper Juinen/Bloomberg)

ICICI Direct: Mayur Uniquoters - Proven Capabilities, Attractive Risk-Reward Opportunity   

Bookmark

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Mayur Uniquoters Ltd. is a leading player in the domestic technical textile industry, manufacturing artificial/synthetic leather for a wide variety of applications viz. automotive (seat upholstery, inner linings), footwear (shoes/sandals insole, uppers), furnishing and apparel.

It has the capacity to manufacture approximately 3.7 crore metre/annum of polyvinyl chloride i.e. PVC artificial leather and approximately 0.7 crore metre/annum of polyurethane (PU) artificial leather.

It is a quality franchise with proven capabilities, which is highly capital efficient in nature, commanding strong double-digit margins and been a consistent CFO generator with net cash positive balance sheet.

Click on the attachment to read the full report:

ICICI Direct Mayur Uniquoters Company Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.