Munjal Auto Industries Ltd
Incorporated in 1985, Munjal Auto Industries Ltd manufactures and sells auto components and designs, develops, tests, and produces various composite molds and products for different industries.[1]
- Market Cap ₹ 946 Cr.
- Current Price ₹ 94.6
- High / Low ₹ 115 / 67.2
- Stock P/E 26.8
- Book Value ₹ 44.8
- Dividend Yield 1.07 %
- ROCE 11.1 %
- ROE 8.19 %
- Face Value ₹ 2.00
Pros
Cons
- The company has delivered a poor sales growth of 1.58% over past five years.
- Company has a low return on equity of 9.71% over last 3 years.
* 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 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 1,214 | 1,236 | 2,123 | 1,916 | 1,984 | 1,882 | 2,066 | 2,295 | |
| 1,143 | 1,190 | 2,040 | 1,833 | 1,894 | 1,761 | 1,949 | 2,167 | |
| Operating Profit | 71 | 45 | 83 | 83 | 90 | 120 | 117 | 128 |
| OPM % | 6% | 4% | 4% | 4% | 5% | 6% | 6% | 6% |
| 3 | 5 | 5 | 5 | 60 | 24 | 19 | 39 | |
| Interest | 4 | 12 | 16 | 12 | 27 | 28 | 31 | 39 |
| Depreciation | 20 | 32 | 39 | 36 | 53 | 56 | 59 | 65 |
| Profit before tax | 49 | 7 | 33 | 41 | 70 | 61 | 46 | 63 |
| Tax % | 23% | 44% | 38% | 27% | 27% | 38% | 15% | 27% |
| 37 | 4 | 20 | 30 | 52 | 38 | 39 | 46 | |
| EPS in Rs | 3.60 | 0.41 | 2.06 | 2.68 | 5.61 | 3.85 | 3.64 | 4.02 |
| Dividend Payout % | 28% | -0% | -0% | 37% | 36% | 52% | 27% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 5% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 11% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 22% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 10% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 277 | 269 | 291 | 317 | 364 | 381 | 396 | 428 |
| 47 | 123 | 147 | 116 | 282 | 276 | 350 | 423 | |
| 220 | 383 | 405 | 508 | 602 | 527 | 454 | 584 | |
| Total Liabilities | 564 | 796 | 862 | 961 | 1,268 | 1,205 | 1,219 | 1,455 |
| 200 | 343 | 303 | 263 | 416 | 399 | 440 | 317 | |
| CWIP | 25 | 2 | 1 | 4 | 8 | 9 | 18 | 157 |
| Investments | 7 | 21 | 26 | 118 | 104 | 171 | 129 | 116 |
| 332 | 430 | 531 | 576 | 740 | 626 | 633 | 865 | |
| Total Assets | 564 | 796 | 862 | 961 | 1,268 | 1,205 | 1,219 | 1,455 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 26 | 87 | 59 | 137 | 33 | 127 | 25 | 45 | |
| -15 | -139 | -14 | -99 | 37 | -77 | -9 | -57 | |
| -5 | 47 | -45 | -50 | -65 | -53 | -15 | 18 | |
| Net Cash Flow | 6 | -5 | -0 | -13 | 6 | -3 | 1 | 5 |
| Free Cash Flow | -40 | -41 | 50 | 128 | 52 | 88 | -39 | -28 |
| CFO/OP | 53% | 205% | 79% | 174% | 58% | 118% | 24% | 46% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 79 | 66 | 74 | 80 | 54 | 53 | 68 |
| Inventory Days | 30 | 36 | 17 | 26 | 50 | 58 | 58 | 62 |
| Days Payable | 60 | 110 | 53 | 58 | 76 | 68 | 67 | 80 |
| Cash Conversion Cycle | 18 | 6 | 30 | 41 | 55 | 44 | 44 | 50 |
| Working Capital Days | 7 | 4 | 12 | 5 | 9 | 0 | 7 | 27 |
| ROCE % | 5% | 11% | 11% | 9% | 14% | 12% | 11% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio times ・Standalone data |
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| Number of manufacturing units (Standalone) Numbers ・Standalone data |
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| Installed annual manufacturing capacity: Fuel Tanks Lakh units ・Standalone data |
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| Installed annual manufacturing capacity: Mufflers Lakh units ・Standalone data |
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| Installed annual manufacturing capacity: Rims Lakh units ・Standalone data |
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| Installed annual manufacturing capacity: Scooter Wheels Lakh units ・Standalone data |
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| Share of Business (SoB) with Hero MotoCorp Limited (HMCL) for Mufflers % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Submitted Annual Secretarial Compliance Report for year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Pl. find news paper publication for audited standalone and consolidated financial results for the quarter and year ended March 31, 2026
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41St Annual General Meeting And Book Closure Information
27 May - Board approved FY26 audited results, AGM on Aug 31, 2026, and recommended Rs.1 dividend.
- Corporate Action-Board to consider Dividend 27 May
- Financial Result For The Quarter And Year Ended March 31, 2026 27 May
Annual reports
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Financial Year 2025
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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
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Business Overview:[1]
MAIL, part of the Hero Group, is predominantly owned by the Satyanand Munjal family with a 75% equity stake. The company manufactures sheet metal, composites, molds, components, and assemblies for various industries, including automotive, renewable energy, aerospace, defense, space, railways, and other engineering sectors. Key automotive products include exhaust mufflers, fuel tanks, rims, and BIW parts for two and four-wheelers. In the renewable sector, MAIL produces windmill blades, molds, and other wind energy components.