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   


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


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