Menon Pistons Ltd

Menon Pistons Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Menon Pistons Ltd

₹ 94.5 0.45%
19 Apr - close price
menonpistons.com BSE: 531727
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.

Website BSE
  • Market Cap ₹ 482 Cr.
  • Current Price ₹ 94.5
  • High / Low ₹ 126 / 43.0
  • Stock P/E 19.5
  • Book Value ₹ 25.0
  • Dividend Yield 1.06 %
  • ROCE 27.2 %
  • ROE 19.8 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 90.6 days to 71.1 days

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

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
52.20 55.17 56.38 59.22 65.63 63.84 62.77 71.86 64.40 59.22
43.91 45.78 47.39 48.86 54.57 52.37 51.66 59.12 52.33 49.23
Operating Profit 8.29 9.39 8.99 10.36 11.06 11.47 11.11 12.74 12.07 9.99
OPM % 15.88% 17.02% 15.95% 17.49% 16.85% 17.97% 17.70% 17.73% 18.74% 16.87%
0.05 0.11 0.17 0.08 0.25 3.32 0.40 0.11 0.36 0.15
Interest 0.37 0.46 0.43 0.71 0.92 0.77 0.52 0.36 0.56 0.62
Depreciation 1.54 2.02 1.95 1.69 1.98 2.60 3.05 2.15 2.43 2.42
Profit before tax 6.43 7.02 6.78 8.04 8.41 11.42 7.94 10.34 9.44 7.10
Tax % 25.04% 25.21% 39.82% 25.12% 25.92% 41.16% 31.11% 25.15% 24.58% 38.59%
4.82 5.25 4.08 6.01 6.24 6.71 5.47 7.74 7.12 4.35
EPS in Rs 0.95 1.03 0.80 1.18 1.22 1.32 1.07 1.52 1.40 0.85
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 TTM
212 251 258
178 207 212
Operating Profit 35 44 46
OPM % 16% 17% 18%
0 4 1
Interest 1 3 2
Depreciation 7 10 10
Profit before tax 26 35 35
Tax % 29% 34%
19 23 25
EPS in Rs 3.69 4.58 4.84
Dividend Payout % 20% 22%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 16%
Stock Price CAGR
10 Years: 29%
5 Years: 37%
3 Years: 79%
1 Year: 120%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5
Reserves 92 113 122
30 12 20
31 45 38
Total Liabilities 158 174 186
50 62 70
CWIP 1 0 7
Investments 0 0 0
107 112 109
Total Assets 158 174 186

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
1 49
-26 -24
13 -25
Net Cash Flow -12 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 102 80
Inventory Days 110 87
Days Payable 83 53
Cash Conversion Cycle 129 114
Working Capital Days 110 71
ROCE % 27%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37%
0.00% 0.06% 0.06% 0.06% 0.06% 0.05% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
0.42% 0.42% 0.42% 0.42% 0.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.21% 25.16% 25.16% 25.16% 25.16% 25.58% 25.59% 25.60% 25.61% 25.60% 25.60% 25.59%
No. of Shareholders 8,97610,15513,22216,66016,53717,94216,85616,34615,78620,84222,36632,590

* 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.

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Documents

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