In the current scenario, the demand for renewable resources is increasing day by day due to numerous factors. In view of this, current work represents the preparation of wood protective polyurethane (PU) coatings from mahua oil. Mahua oil was used as a starting material for the synthesis of fatty amide by base catalyzed aminolysis reaction. The synthesized fatty amide was converted into the polyetheramide polyols by a condensation reaction with bisphenol C. The structure of the synthesized products was confirmed by the attenuated total reflection‐Fourier transform infrared and 1H‐NMR spectroscopy. The synthesized polyetheramide polyols were used as precursors for the preparation of PUs and the prepared PUs were applied on the wood surface as a protective coating. The coating performance of the PUs was evaluated by the measurement of mechanical, thermal, and microbial properties as well as water, solvent, and chemical resistance. The coating performance revealed that mahua oil can be used as a renewable resource for the preparation of wood protective PUs. © 2018 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2018, 135, 46722.