Mayur Uniquoters Q4 FY26: PAT up 73%, revenue ₹260.55 cr

Q4FY26 results: why the quarter stood out

Mayur Uniquoters Ltd (NSE: MAYURUNIQ) discussed its March-quarter (Q4FY26) performance in an earnings call dated May 20, 2026. The company reported sharp year-on-year growth in profit on the standalone as well as consolidated basis, alongside a continued push toward overseas OEM markets. Management also outlined expectations for domestic and export growth over the next 2-3 years, with automotive identified as the primary growth engine.

Standalone performance: revenue ₹260.55 crore, PAT ₹60.71 crore

For Q4FY26, the company said revenue from operations on a standalone basis stood at ₹260.55 crore. It reported profit before tax (PBT) of ₹82.59 crore and profit after tax (PAT) of ₹60.71 crore for the quarter.

On a year-on-year basis for the quarter, management stated that standalone revenue increased 22%. It added that PBT and PAT increased by 70% and 73% year-on-year, respectively. These figures set the tone for the call, with the company linking profitability to a higher share of export orders and product-market mix.

Consolidated numbers: revenue ₹273.35 crore and PAT ₹59.43 crore

On a consolidated basis, Mayur Uniquoters reported revenue from operations of ₹273.35 crore in Q4FY26. Consolidated PBT was stated at ₹81.23 crore and consolidated PAT at ₹59.43 crore.

Management said consolidated revenue increased 9% year-on-year for the quarter. It also said consolidated PBT and PAT increased 54% and 43% year-on-year, respectively.

A separate results summary for the quarter ended March 31, 2026 reported sales of ₹273.35 crore compared with ₹250.56 crore a year ago, revenue of ₹276.65 crore compared with ₹262.11 crore a year ago, and net income of ₹59.44 crore compared with ₹41.50 crore a year ago. Basic and diluted EPS from continuing operations were reported at ₹13.68 versus ₹9.54.

Exports in focus: US and Europe OEM supplies

Management reiterated that it wants to position the company as a preferred supplier for leading OEMs and overseas markets, specifically the US and European regions. It said it has already received export orders from the US for OEM supplies, and that these orders are contributing to sales revenue and profitability.

The company also said the increased export momentum is expected to continue over the next 2-3 years. During the call, management reiterated that the company is focusing more on the automotive sector, and that it expects a larger portion of growth to come from automotive demand in both domestic and international markets.

What management said on growth mix: domestic vs exports

In guidance commentary, management repeated its expectation that domestic growth would be in the 8-10% range. It also stated an expectation of 15-20% export growth.

Separately, the call commentary included a value-growth snapshot: management said it registered total growth of 15% in value, with around 35.5% achieved in export growth and 4% plus achieved in domestic. Another comment in the discussion referenced volume growth, stating export growth of 15% and domestic growth of 2% plus, with an “average” noted as nearly 5%.

Profitability context: margins, forex and inventory gains

One note in the provided data said Mayur Uniquoters “delivered a robust Q4 with margins hitting 33%,” and that this was “partially aided by forex and inventory gains.” The same note linked growth to a stronger mix of higher-value exports and highlighted raw material cost volatility as a factor the company is managing.

Separately, a line in the provided data stated that “earnings grew by 28.4% over the past year.”

Longer-term track record: profit growth and operating margins

Beyond the quarter, the provided data also included longer-horizon profitability indicators. It stated that the company has shown profit growth of 18.687447668715% over the past 3 years.

It also stated that the company has maintained an effective average operating margin of 20.3645303219422% over the last 5 years.

TTM snapshot: revenue ₹1,022 crore, net margin 18.76%

The latest trailing twelve months (TTM) profitability statistics provided a high-level view of scale and margins. TTM revenue was listed at ₹10.22 billion, which is ₹1,022 crore when expressed in the same unit used for quarterly results. TTM earnings were listed at ₹1.92 billion, or ₹192 crore.

The snapshot also listed EPS at 44.13, gross margin at 48.30%, and net profit margin at 18.76%. Debt-to-equity ratio was listed at 0.5%, and current dividend yield was listed at 15%. The last reported earnings date was Mar 31, 2026.

Key figures at a glance

Market snapshot points included in the data

The provided data also listed stock movement changes across time buckets as: 15.37% (W), 20.58% (M), and 21.40% (Q). It also listed volume averages (W, M, Q) as 1,209,887; 373,322; and 182,292, respectively.

What to track next

Mayur Uniquoters has positioned its Q4FY26 performance around a stronger export mix and improving profitability, while reiterating domestic and export growth expectations for the next 2-3 years. Investors will likely track how the stated focus on global automotive OEMs translates into sustained revenue growth, and whether the profitability support factors cited in the quarter, including forex and inventory gains, remain material in future periods.