Menon Pistons Ltd
Incorporated in 1971, Menon Pistons Ltd manufactures Pistons & Pins for Diesel Engines, Cars, LCVs / HCVs[1]
- Market Cap ₹ 280 Cr.
- Current Price ₹ 55.0
- High / Low ₹ 77.8 / 43.0
- Stock P/E 11.3
- Book Value ₹ 32.7
- Dividend Yield 1.82 %
- ROCE 21.6 %
- ROE 16.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 20.8%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 212 | 251 | 256 | 254 | 274 | |
| 178 | 207 | 210 | 209 | 228 | |
| Operating Profit | 35 | 44 | 45 | 45 | 45 |
| OPM % | 16% | 17% | 18% | 18% | 17% |
| 0 | 4 | 1 | 2 | 3 | |
| Interest | 1 | 3 | 2 | 4 | 4 |
| Depreciation | 7 | 10 | 10 | 11 | 11 |
| Profit before tax | 26 | 35 | 35 | 32 | 33 |
| Tax % | 29% | 34% | 23% | 25% | |
| 19 | 23 | 26 | 24 | 25 | |
| EPS in Rs | 3.69 | 4.58 | 5.19 | 4.68 | 4.85 |
| Dividend Payout % | 20% | 22% | 19% | 21% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 27% |
| 3 Years: | 3% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 |
| Reserves | 92 | 113 | 134 | 152 | 162 |
| 30 | 12 | 21 | 17 | 15 | |
| 31 | 45 | 43 | 40 | 48 | |
| Total Liabilities | 158 | 174 | 202 | 214 | 230 |
| 50 | 62 | 90 | 91 | 91 | |
| CWIP | 1 | 0 | 0 | 0 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 107 | 112 | 112 | 122 | 129 | |
| Total Assets | 158 | 174 | 202 | 214 | 230 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | 49 | 22 | 39 | |
| -26 | -24 | -22 | -25 | |
| 13 | -25 | 2 | -14 | |
| Net Cash Flow | -12 | -1 | 2 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 102 | 80 | 94 | 79 |
| Inventory Days | 110 | 88 | 94 | 123 |
| Days Payable | 83 | 54 | 74 | 95 |
| Cash Conversion Cycle | 129 | 114 | 114 | 108 |
| Working Capital Days | 90 | 60 | 67 | 79 |
| ROCE % | 27% | 25% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Nov - Submission of Newspaper publication regarding financial results for the quarter and half year ended on 30th September, 2025.
- Approved The Un-Audited Standalone And Consolidated Financial Results. 9 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Sunday, 9Th November, 2025
9 Nov - Approved unaudited standalone and consolidated Q2/H1 results (30 Sep 2025); consolidated H1 PAT Rs1,471.21 lakh.
-
Board Meeting Intimation for Meeting Of The Board Of Menon Pistons Limited (''The Company'') Is Scheduled To Be Held On Sunday, 9Th November, 2025.
30 Oct - Board meeting 9 Nov 2025 to approve Q2/H1 results for 30 Sep 2025; trading window closed.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Menon Pistons received MUFG Intime certificate under Reg 74(5) for quarter ended 30 Sep 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
MPL is a manufacturer and supplier of high-precision piston assemblies and engineering components. Company manufactures Aluminium alloy pistons, forged steel pistons, and piston pins for passenger cars, heavy and light
commercial vehicles, and heavy-duty diesel engines for power generation, earthmovers, compressors, etc.