Annual Report Highlights No : 7

#Mayuruniquoters FY 22 Annual Report Highlights

Like & Retweet For Better reach !
1. Company Overview
• Mayur Uniquoters is primarily engaged in the business of manufacturing and sale of PU (Polyurethane) / PVC (Poly Vinyl Chloride) synthetic leather which is widely used in different segments such as Automotives, Footwear, Furnishing etc.
Mayur Uniquoters Ltd is the largest manufacturer of artificial leather in India.
2. Clientele
3. FY22 Highlights
• During the year, Mayur has added a flame lamination plant to overcome product quality and deliver issues that it faced earlier when the process was outsourced.
• Flame lamination is the process of laminating flexible material with an open flame which is used to seal materials such as PVC to foam and fabric without using additional adhesive.
Some of the benefits of inhouse flame lamination plant are:

1. No need of adhesive
2. Time saving
3. Cost Effective
4. Fast & efficient
5. Convenience of using a variety of input materials.
• Production capacity of the flame lamination plant is 47.16 Lac Linear Meter/Annum

• During FY22, the company had been able to achieve highest ever turnover in the history of the Company during the reported financial year despite the challenges such as economic slowdown etc
• The global synthetic leather market size was valued at USD 31.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2021 to 2028.
• The rising scope of application across various segments, such as furnishing, automotive, clothing, bags, and others, will drive the market growth.
• Manufacturers have been spreading their sourcing, shifting especially to Asian suppliers, such as China and Vietnam, owing to the abundance of raw material and availability of low-cost labor.
• Mayur, has the largest capacity for manufacturing of synthetic leather in domestic organized segment with capacity of annual production of 48.60 Million linear meters of PVC coated fabric and 5.00 Million Linear meter of PU coated fabric
• The company is in the process to expand its PVC coated fabric capacity by adding its seventh coating line at Dhodsar plant
• MUL manufactures more than 400 variants of artificial leather from PVC polymer which finds application in footwear (shoes/sandals insole and uppers), automotive (seat upholstery and inner linings), furniture & fashion items (apparel).
• Mayur is also trying to enter the European and other export automotive OEM markets by targeting reputed customers and has received product approval from Mercedes Benz (Daimler) and BMW for their specific new car models.
The supply to Mercedes Benz by Mayur has already started in the year 2021. While supply to BMW is expected to start soon.
• MUL has already set-up its 100% subsidiary named Mayur Uniquoters SA (Pty) Ltd, South Africa which will develop logistics to facilitate exports to Mercedes Benz
• With PU plant ramp up, commencement of Mercedes business, BMW business in future and VW India business getting traction, we estimate strong earnings growth in the coming Financial Years.
• Mayur is also planning to enter into a retail business by setting up 100% Wholly Owned Subsidiary in India with the name Mayur TecFab Private Limited.
• The overview of financial performance with respect to operational performance of the Company can be obtained from the various following ratio analysis:
Debtor Turnover Ratio is 4.04 times

Inventory Turnover Ratio is 2.55 times

Interest Coverage Ratio is 77.68 times
Current Ratio is 6.09 times

Debt to Equity Ratio is 0.04 times

Operating Profit Margin Ratio is 21.14 percentage

Net Profit Margin Ratio is 13.37 percentage

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Value Educator

Value Educator Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ValueEducator

Sep 23
Annual Report Highlights No : 9

#SupremeIndustries FY 22 Annual Report Highlights

Like & Retweet for better reach !
Supreme Industries is one of the leading plastic products manufacturing company in India was
established 8 decade ago.
The Company is operating from 25 manufacturing sites across 12 States and Union Territories. The
Company’s active Channels Partners strength increased to 4053 Nos in March 2022
The company operates in various product categories viz. Plastic Piping System, Cross Laminated
Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded
Read 36 tweets
Sep 23
Annual Report Highlights No : 8

#Cosmofilms FY 22 Annual Report Highlights

Like & Retweet for better reach !
1. Company Overview

1. Cosmo Films is the pioneer of BOPP films in India
2. It is world’s largest producer of thermal lamination films and
Second largest in speciality label films
3. Recently they are diversifying their business into Speciality
Chemicals and Petcare (Zigly)
4. Company has two state of art R&D centres in Aurangabad,
India and USA
Read 17 tweets
Sep 22
Annual Report Highlights No : 6

#FiemIndustries FY 22 Annual Report Highlights

Like & Retweet for better reach !
1. Company overview
FIEM Industries Ltd was founded in 1989 by Mr J.K. Jain.The Company manufactures a wide
range of lighting and signalling equipment, both conventional and LED lighting, for the
automotive industry. It also manufactures rear-view mirrors and plastic molded products, and it’s main business is the motorcycle industry. The company also supplies vehicle lighting and rear-view mirrors to the passenger car,
Read 33 tweets
Sep 22
Annual Report Highlights No : 5

#LumaxIndustries FY 2022 Annual Report Highlights

Like & Retweet for better reach!
1. Company Overview

1) Lumax Industries Ltd which was founded in 1945 by Mr D.K. Jain is one of the leading
manufacturers and suppliers of automotive lighting, gear shifters and other automotive components in India. Image
2. The company has a long-term association with the Japan based Stanley Electric Co.
Limited. The company has also other joint ventures with globally renowned companies from
Germany,Italy,Israel,Japan,Korea and Spain
Read 14 tweets
Sep 21
#SequentScientific FY 2022 Annual Report Highlights

Like & Retweet for better reach !

1. Company overview:
Sequent is the largest animal health company in India and among the 20th largest in the world. Image
They manufacture and sell APIs and formulations which are used in the animal pharma industry

2. Revenue Split: The company derived 69% of revenues from the formulations segment and 31% from the API segment. Europe was the largest geography followed by LATAM and Turkey. Image
65% of API revenues came from regulated markets.

3. Segment Performance:
API - Revenues from the API segment were ₹430 Cr for FY22. In Q4 FY22, the company achieved revenues of ₹140 Cr which is the highest ever quarterly performance for the API segment. Image
Read 14 tweets
Sep 21
#JubilantIngrevia FY 2022 Annual Report Highlights

Like & Retweet for Better reach !

1. Company Overview

1. The company is a global provider of integrated life science products and innovative solutions
that meet the highest quality standards to serve the pharmaceutical,
nutrition, agrochemical, consumer and consumer goods industry sectors

2. With over 40 years of chemical experience and an integrated practice,The company
specializes in specialty chemicals, advanced stage complex chemical solutions, nutritional
supplements, and pure nutritional
ingredients such as vitamin B3 for animal and human
nutrition. It offers over 350 products including premixed solutions, pyridines and picolines. The
extensive Acetyl product range serves 1,400+ of the company’s customers worldwide.
Read 23 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(