Menon Pistons Ltd

Menon Pistons Ltd

₹ 62.5 1.77%
30 May 9:52 a.m.
About

Incorporated in 1971, Menon Pistons Ltd manufactures Pistons & Pins for Diesel Engines, Cars, LCVs / HCVs[1]

Key Points

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.

  • Market Cap 319 Cr.
  • Current Price 62.5
  • High / Low 98.3 / 43.0
  • Stock P/E 13.4
  • Book Value 30.8
  • Dividend Yield 1.60 %
  • ROCE 21.6 %
  • ROE 16.1 %
  • Face Value 1.00

Pros

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.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
56.38 59.22 65.63 63.84 62.77 72.35 64.40 59.22 60.74 69.40 65.39 63.11 55.76
47.39 48.86 54.57 52.37 51.66 59.12 52.33 49.23 49.47 56.20 53.49 52.58 47.06
Operating Profit 8.99 10.36 11.06 11.47 11.11 13.23 12.07 9.99 11.27 13.20 11.90 10.53 8.70
OPM % 15.95% 17.49% 16.85% 17.97% 17.70% 18.29% 18.74% 16.87% 18.55% 19.02% 18.20% 16.69% 15.60%
0.17 0.08 0.25 3.32 0.40 0.11 0.36 0.15 0.20 0.15 0.35 0.92 0.87
Interest 0.43 0.71 0.92 0.77 0.52 0.85 0.56 0.62 1.22 1.11 0.91 1.08 1.08
Depreciation 1.95 1.69 1.98 2.60 3.05 2.15 2.43 2.42 2.56 2.80 2.28 2.67 2.88
Profit before tax 6.78 8.04 8.41 11.42 7.94 10.34 9.44 7.10 7.69 9.44 9.06 7.70 5.61
Tax % 39.82% 25.12% 25.92% 41.16% 31.11% 25.15% 24.58% 38.59% 5.98% 25.21% 25.94% 24.42% 24.24%
4.08 6.01 6.24 6.71 5.47 7.74 7.12 4.35 7.24 7.07 6.71 5.82 4.25
EPS in Rs 0.80 1.18 1.22 1.32 1.07 1.52 1.40 0.85 1.42 1.39 1.32 1.14 0.83
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
212 251 256 254
178 207 210 209
Operating Profit 35 44 45 45
OPM % 16% 17% 18% 18%
0 4 1 2
Interest 1 3 2 4
Depreciation 7 10 10 11
Profit before tax 26 35 35 32
Tax % 29% 34% 23% 25%
19 23 26 24
EPS in Rs 3.69 4.58 5.19 4.68
Dividend Payout % 20% 22% 19% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 8%
TTM: -10%
Stock Price CAGR
10 Years: 13%
5 Years: 37%
3 Years: 11%
1 Year: -32%
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
Equity Capital 5 5 5 5
Reserves 92 113 134 152
30 12 21 17
31 45 43 40
Total Liabilities 158 174 202 214
50 62 90 91
CWIP 1 0 0 0
Investments 0 0 0 0
107 112 112 123
Total Assets 158 174 202 214

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
1 49 22
-26 -24 -22
13 -25 2
Net Cash Flow -12 -1 2

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 110 70 89 90
ROCE % 27% 25% 22%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37%
0.06% 0.05% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03%
0.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.16% 25.58% 25.59% 25.60% 25.61% 25.60% 25.60% 25.59% 25.59% 25.61% 25.60% 25.61%
No. of Shareholders 16,53717,94216,85616,34615,78620,84222,36632,59031,41330,51030,07329,646

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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