Mayur Uniquoters Ltd — Investor Meet, 15-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Standalone Q2 FY26 revenue rose 15% to INR 237.76 Cr, with PAT up 17% to INR 48.10 Cr. Consolidated revenue stood at INR 240.31 Cr, PAT at INR 40.84 Cr, primarily due to inventory in US warehouses and a ~INR 11 Cr provision for old stock, which impacted H1 EBITDA. Management anticipates improved H2 performance. Strong export orders from US OEMs are driving an expected 15%+ export growth, complementing 8-10% domestic growth. Capacity utilization is 75-77%, with plans for a new plant in South India. The PU division operates at 23-25% utilization, facing market challenges. The company is confident in achieving its FY26 revenue and profit growth targets.