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 ₹ 1,154 Cr.
- Current Price ₹ 115
- High / Low ₹ 131 / 67.2
- Stock P/E 22.5
- Book Value ₹ 44.8
- Dividend Yield 0.87 %
- ROCE 9.77 %
- ROE 3.73 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 2.58 times its book value
- The company has delivered a poor sales growth of 1.58% over past five years.
- Company has a low return on equity of 6.78% over last 3 years.
- Earnings include an other income of Rs.48.3 Cr.
* 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 1,214 | 1,236 | 2,123 | 1,916 | 1,984 | 1,882 | 2,066 | 2,295 | 2,503 | |
| 1,143 | 1,190 | 2,040 | 1,833 | 1,894 | 1,761 | 1,949 | 2,167 | 2,372 | |
| Operating Profit | 71 | 45 | 83 | 83 | 90 | 120 | 117 | 128 | 131 |
| OPM % | 6% | 3.7% | 3.9% | 4.3% | 4.5% | 6% | 6% | 6% | 5% |
| 3 | 5 | 5 | 5 | 60 | 24 | 19 | 39 | 48 | |
| Interest | 4 | 12 | 16 | 12 | 27 | 28 | 31 | 39 | 40 |
| Depreciation | 20 | 32 | 39 | 36 | 53 | 56 | 59 | 65 | 69 |
| Profit before tax | 49 | 7 | 33 | 41 | 70 | 61 | 46 | 63 | 70 |
| Tax % | 23% | 44% | 38% | 27% | 27% | 38% | 16% | 27% | |
| 37 | 4 | 20 | 30 | 52 | 38 | 39 | 46 | 55 | |
| EPS in Rs | 3.60 | 0.41 | 2.06 | 2.68 | 5.61 | 3.85 | 3.64 | 4.02 | 5.02 |
| Dividend Payout % | 28% | 0% | 0% | 37% | 36% | 52% | 27% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 5% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | -15% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 15% |
| 3 Years: | 24% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 4% |
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 | 458 | 571 | |
| Total Liabilities | 564 | 796 | 862 | 961 | 1,268 | 1,205 | 1,224 | 1,442 |
| 200 | 343 | 303 | 263 | 416 | 399 | 440 | 468 | |
| CWIP | 25 | 2 | 1 | 4 | 8 | 9 | 18 | 7 |
| Investments | 7 | 21 | 26 | 118 | 104 | 171 | 129 | 116 |
| 332 | 430 | 531 | 576 | 740 | 626 | 637 | 851 | |
| Total Assets | 564 | 796 | 862 | 961 | 1,268 | 1,205 | 1,224 | 1,442 |
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 | 54 | 68 |
| Inventory Days | 30 | 36 | 17 | 26 | 50 | 58 | 58 | 62 |
| Days Payable | 60 | 110 | 53 | 58 | 76 | 68 | 68 | 80 |
| Cash Conversion Cycle | 18 | 6 | 30 | 41 | 55 | 44 | 44 | 50 |
| Working Capital Days | 7 | 4 | 12 | 5 | 9 | 0 | 7 | 9 |
| ROCE % | 5% | 11% | 11% | 9% | 14% | 9% | 10% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| MAIL Manufacturing Plants/Units number ・Standalone data |
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| Revenue Share from HMCL (Customer Concentration) % ・Standalone data |
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| Indutch (Subsidiary) Manufacturing Plants/Units number |
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| Indutch (Subsidiary) Revenue from Operations Rs. crore |
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| Muffler Installed Capacity lakh units per annum ・Standalone data |
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| Indutch (Subsidiary) Order Book Rs. crore |
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| Enercon Share of Indutch Revenue (Customer Concentration) % |
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| HMCL Market Share in Domestic 2W Industry % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- 41st AGM on August 31, 2026; record date August 20, 2026; e-voting August 28-30.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- News paper publication of unaudited standalone and consolidated financial result for the quarter ended June 30, 2026
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Intimation Of Record Date For Payment Of Dividend On Equity Shares For The Financial Year Ended March 31, 2026
- Record date set for final dividend on August 20, 2026; AGM on August 31, 2026.
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Result Un-Audited Financial Result For The Quarter Ended June 30,2026
- Board approved Q1 FY2026-27 standalone and consolidated results on August 12, 2026.
- Result Un-Audited Financial Result For The Quarter Ended June 30,2026
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Overview:[1][2][3]
Munjal Auto Industries is an automotive component manufacturer with operations spanning exhaust systems, wheel rims, fuel tanks, Body-in-White (BIW) parts and other assemblies. It retained its leadership in FY26, with domestic market share at ~28%