MAYURUNIQ

Current Scenario & Financial Performance - Q2 FY27 Consolidated Revenue stood at ₹282.95 Cr (up 18% YoY), PBT at ₹79.31 Cr (up 43% YoY), and PAT at ₹57.99 Cr (up 42% YoY). - Standalone revenue was ₹252.99 Cr with a sales volume of 77.51 lakh meters; consol revenue grew faster due to strong clearance of inventory from the US warehouse. - Export OEM segment contributed ₹57.46 Cr and domestic OEM ₹62.80 Cr, while footwear contributed ₹45.34 Cr. Management Guidance & Outlook - Consolidated topline growth expected to maintain around 20% trajectory in H2 FY27 with sustained margins. - Sustainable gross margin guided around 55% to 56%. - Auto exports OEM target expected at around ₹300 Cr for FY27, with double-digit growth (10-15%) continuing over the next 2-3 years. - Export volume growth expected to rebound as US OEM order visibility remains strong, expanding supply to 5 models from 2 previously for key clients like Ford and Chrysler. Capex & Growth Drivers - Additional production line machinery arriving in Nov-Dec, installation slated for Q4 FY27, and commercial operations by Q1 FY28. - Exploring long-term capacity expansion either in South India or Mexico. - PU synthetic leather segment currently running at 25% capacity utilization, with breakeven targeted at 40% as sampling approvals conclude with major shoe manufacturers.

Financial Highlights - Q2 FY27 Consolidated Revenue at ₹282.95 Cr (up 18% YoY), PBT at ₹79.31 Cr (up 43% YoY), and PAT at ₹57.99 Cr (up 42% YoY). - Standalone Revenue reached ₹252.99 Cr with sales volume of 77.51 lakh meters; PU revenue was ₹6.28 Cr. Management Guidance & Outlook - Consolidated export OEM revenue guided around ₹300 Cr in FY27, with 10-15% annual growth expected over the next 2-3 years. - Gross margins guided to remain sustainable in the 55%-56% range. - PU division is operating at 25% capacity utilization, requiring 40% to achieve operational breakeven. Growth Drivers - Expansion with major US OEMs (Ford, Chrysler) by increasing supply across additional vehicle models, alongside active discussions with Volkswagen. - Continued strong demand in export OEM supplies to South Africa for Mercedes-Benz and BMW. - Furnishing segment distribution expanding via 750-800 dealers and 8-10 distributors. Capex & Expansions - New machinery installation scheduled for March 2027 quarter, with commercial operations slated for Q1 FY28. - Exploring future capacity expansion with a new facility in South India or Mexico.

- Resignation of Mr. Vikrant Mathur (AGM - Export OEM) and Mr. Rakesh Kumar Saxena (AGM - Project Civil), designated as Senior Management Personnel, effective November 06, 2026. - Mr. Vikrant Mathur resigned to pursue new opportunities, while Mr. Rakesh Kumar Saxena resigned due to personal reasons.

- Mr. Vikrant Mathur, AGM - Export OEM (SMP), resigned effective November 6, 2026, to pursue new opportunities. - Mr. Rakesh Kumar Saxena, AGM - Project (Civil) (SMP), resigned effective November 6, 2026, due to personal reasons. - Both officials have been relieved from their duties from the close of business hours on November 6, 2026.

- Audio recording of the Earnings Conference Call held on November 05, 2026, has been made available. - The call covered Un-audited Financial Results for the quarter and half year ended September 30, 2026. - Accessible via the company's website link.

Q2 FY27 Standalone Revenue ₹253.0Cr vs ₹237.8Cr (▲6.4% YoY) EBITDA ₹69.3Cr vs ₹64.5Cr (▲7.4% YoY) PAT ₹51.3Cr vs ₹48.1Cr (▲6.6% YoY) EBITDA Margin 27.4% vs 27.1% (▲25bps) - Board approved an investment of up to ₹191.40 lakhs to acquire a 26% equity stake in Bhadla Mini Grid Solar 6 Pvt. Ltd.

Q2 FY27 Consolidated Revenue ₹282.95Cr vs ₹240.31Cr (▲18% YoY) EBITDA ₹77.97Cr vs ₹50.49Cr (▲54% YoY) PAT ₹57.99Cr vs ₹40.85Cr (▲42% YoY) EBITDA Margin 27.6% vs 21.0% (▲656bps)

Q2 FY27 Consolidated Revenue ₹282.95Cr vs ₹240.31Cr (▲18% YoY) EBITDA ₹77.97Cr vs ₹50.48Cr (▲54% YoY) PAT ₹57.99Cr vs ₹40.84Cr (▲42% YoY) EBITDA Margin 27.6% vs 21.0% (▲655bps)

Concall Schedule Concall Date: November 05, 2026 Concall Time: 11:30 AM IST

- Mr. Ashutosh Pandey has resigned from the position of General Manager- Marketing and Senior Management Personnel (SMP) of Mayur Uniquoters Limited. - Effective date of cessation is October 09, 2026, after the close of business hours. - The resignation is due to personal reasons and to pursue other career opportunities outside the organization.

- Mayur Uniquoters Ltd has been assigned an ESG rating of "Crisil ESG 60" by CRISIL ESG Ratings & Analytics Limited. - The rating was assigned independently under a subscriber-pays model based on FY2025-26 disclosures and public info. - The rating rationale is confidential and proprietary as restricted by CRISIL.

- Mr. Ratan Kumar Roongta ceased to be an Independent Director of Mayur Uniquoters Limited. - Cessation is due to the completion of his second term on September 27, 2026. - He also ceased to be a member of all board committees upon completion of his tenure.

- Trading window closed effective October 01, 2026. - Closure remains in effect until 48 hours after the declaration of Q2/H1 FY27 financial results. - Board meeting date for approving results will be intimated in due course.

- Shareholders approved Mr. Vinod Kumar Haritwal's appointment as an Independent Director for a five-year term (Aug 6, 2026 - Aug 5, 2031) at the 33rd AGM on Sep 18, 2026. He is an experienced professional.

- Shareholders of Mayur Uniquoters Limited did not pass the ordinary resolution for approving a related party transaction concerning remuneration for Mrs. Puja Poddar, President-HR and Administration. The resolution received 37.07% votes in favour and 62.93% votes against.

- Mr. Prahalad Sahai Jangid, Deputy General Manager - Finance & Accounts (Senior Management Personnel), has superannuated from Mayur Uniquoters Limited. His cessation is effective from the close of business hours on September 02, 2026, after serving the company for over 21 years.

- Intimation of the 33rd Annual General Meeting (AGM) to be held on September 18, 2026, at 11:00 A.M. via Video Conference (VC) / Other Audio-Visual Means (OAVM). - Web-links for the Notice of AGM and Integrated Annual Report for the Financial Year 2025-26 have been provided to members and are available on the company's website.

- Submission of Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. This report details the company's ESG initiatives and compliance with SEBI regulations. For FY 2025-26, turnover was ₹82,020.64 Lakhs and net worth was ₹94,629.42 Lakhs. Exports contributed approximately 41% to the total turnover.

- Q1 FY27 Consolidated revenue increased by 25% YoY. Consolidated PBT increased by 35% YoY, and PAT increased by 38% YoY. - Export OEM business saw a 39-40% increase YoY in Q1 FY27. - Management expects 10-12% top-line growth for the next 3 years and anticipates US OEM business to grow by 60-70% in the next three years. - Capacity expansion plans include adding 5 lakh meters by end of FY27, with a total capex of around ₹50 crores for FY27/28, and a potential additional ₹250 crores for a new facility. - Current capacity utilization is 75-78%, with headroom for 25-30% more capacity. - The company faces challenges from raw material price volatility and increased shipping costs, but management maintains a positive long-term outlook.

- Mayur Uniquoters Limited announced a Postal Ballot seeking shareholder approval for a related party transaction. - The transaction involves paying remuneration up to ₹5 Lakhs per month to Mrs. Puja Poddar, President-HR & Administration, who is a Senior Management Personnel and a related party. - The remote e-voting period is from Saturday, August 08, 2026 (9:00 A.M. IST) to Sunday, September 06, 2026 (5:00 P.M. IST).

- Audio recording of the Earnings Conference Call for the un-audited financial results for the quarter ended June 30, 2026, held on August 06, 2026. - The recording is accessible on the company's website.

- Intimation of the 33rd Annual General Meeting (AGM) to be held on Friday, September 18, 2026, at 11:00 A.M. - The meeting will be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM). - The Annual Report for FY 2025-26 will be presented.

- Record Date for dividend payment for FY ended March 31, 2026, is August 21, 2026. - Dividend, if approved at the 33rd AGM on September 18, 2026, will be paid within 30 days from the AGM date.

- The Board of Directors approved the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. - Mr. Arun Bagaria was re-appointed as Whole Time Director (Executive Director) for five years, effective August 01, 2027. - Mr. Ratan Kumar Roongta's tenure as an Independent Director will complete on September 27, 2026. - Mr. Vinod Kumar Haritwal was appointed as an Additional Director (Non-Executive Independent Director) for five years, effective August 06, 2026. - The 33rd Annual General Meeting (AGM) is scheduled for September 18, 2026, and August 21, 2026, has been fixed as the record date for the final dividend.

- The Consolidated Financial Results table was not provided in the document, only the Standalone results for Mayur Uniquoters Limited. - Standalone Financial Results for Q1 FY2027 (Quarter ended June 30, 2026): - Standalone Revenue from Operations ₹24,702.88 Lakhs vs ₹20,641.18 Lakhs (▲19.68% YoY) - Standalone EBITDA ₹6,281.40 Lakhs vs ₹4,341.62 Lakhs (▲44.68% YoY) - Standalone PAT ₹5,895.17 Lakhs vs ₹4,122.70 Lakhs (▲42.99% YoY) - Standalone EBITDA Margin 25.43% vs 21.03% (▲440bps) - The Board recommended the re-appointment of Mr. Arun Bagaria as Whole Time Director for 5 years, effective from August 01, 2027. - Mr. Ratan Kumar Roongta's tenure as an Independent Director will complete on September 27, 2026, leading to his cessation from the Board and its committees. - The Board appointed Mr. Vinod Kumar Haritwal as an Additional Non-Executive Independent Director for 5 years, effective from August 06, 2026. - The 33rd Annual General Meeting (AGM) is scheduled for Friday, September 18, 2026, and August 21, 2026, has been fixed as the Record Date for the final dividend (if approved).

- Standalone Revenue ₹247.03 Cr vs ₹206.41 Cr (▲19.68% YoY) - Standalone EBITDA ₹85.49 Cr vs ₹62.82 Cr (▲36.08% YoY) - Standalone PAT ₹58.95 Cr vs ₹41.23 Cr (▲42.99% YoY) - Standalone EBITDA Margin 34.61% vs 30.43% (▲418bps) - Board recommended re-appointment of Mr. Arun Bagaria as Executive Director for 5 years. - Mr. Ratan Kumar Roongta's tenure as Independent Director will complete on September 27, 2026. - Mr. Vinod Kumar Haritwal appointed as an Additional Director (Non-Executive Independent Director) for 5 years. - 33rd AGM scheduled for September 18, 2026. - August 21, 2026, fixed as Record Date for final dividend for FY26.

- Consolidated Revenue ₹269.23 Cr vs ₹215.88 Cr (▲24.71% YoY) - EBITDA ₹81.90 Cr vs ₹62.55 Cr (▲30.95% YoY) - PAT ₹56.12 Cr vs ₹40.73 Cr (▲37.79% YoY) - EBITDA Margin 30.42% vs 28.97% (▲145bps) - Board recommended the re-appointment of Mr. Arun Bagaria as Whole Time Director for 5 years from August 01, 2027. - Mr. Ratan Kumar Roongta ceased to be an Independent Director due to the completion of his tenure on September 27, 2026. - Board appointed Mr. Vinod Kumar Haritwal as an Additional Director (Non-Executive Independent Director) for 5 years from August 06, 2026. - The 33rd Annual General Meeting (AGM) is scheduled for September 18, 2026, with August 21, 2026, as the Record Date for the final dividend.

- Consolidated Revenue ₹26,923.36 Lakhs vs ₹21,587.65 Lakhs (▲24.71% YoY) - EBITDA ₹5,894.34 Lakhs vs ₹4,298.48 Lakhs (▲37.13% YoY) - PAT ₹5,611.93 Lakhs vs ₹4,072.91 Lakhs (▲37.78% YoY) - EBITDA Margin 21.90% vs 19.91% (▲199 bps) - Mr. Arun Bagaria re-appointed as Whole Time Director (Executive Director) for 5 years, effective August 1, 2027. - Mr. Ratan Kumar Roongta's tenure as Independent Director ends on September 27, 2026. - Mr. Vinod Kumar Haritwal appointed as a Non-Executive Independent Director for 5 years, effective August 6, 2026. - 33rd Annual General Meeting (AGM) scheduled for September 18, 2026; Record Date for final dividend (if approved) is August 21, 2026.