Menon Pistons
- Market cap
- ₹ 303 Cr.
- P/E
- 12.3x
- P/B
- 1.73x
- 52-week range
- 52.35 – 85.8
- ROE
- 15%
- ROCE
- 22%
- Dividend yield
- 1.7%
- Debt / equity
- 0.03
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Menon Pistons Limited is an India-based company, which is engaged in manufacturing pistons and pins for diesel engines, cars, light commercial vehicles (LCVs)/ heavy commercial vehicles (HCVs). The Company manufactures aluminum 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, among others. The Company’s comprehensive product portfolio encompasses high precision products in applications, including the engine powertrain, valvetrain and air management systems, hydraulic systems for tipping, lifting, loading applications, and precision products for control valves. It has a comprehensive manufacturing facility with in-house capability for entire ring manufacturing, including specialized ring foundry, a grinding shop, a machining plant, a comprehensive wear coating facility, and surface treatment equipment.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Menon Pistons against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.3 against a typical 27.4: cheaper than most peers (1st = cheapest).19th of 153
- Sales growth+3.7% against a typical +20.7% from a year earlier.126th of 142
- Profit growth+5.9% against a typical +15.3% from a year earlier.83rd of 127
- Share price, 3 months−11.8% against a typical −4.4%.99th of 142
- Size₹ 303 Cr. market value against a typical ₹ 728 Cr. (1st = largest).84th of 138
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Stable | 7 Jul 2026 |
Every agency has withdrawn its rating.
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Jul 2026 | Withdrawn | was CARE A- | — | CARE | ₹ 22 Cr. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 64 | 59 | 61 | 69 | 65 | 63 | 56 | 80 | 75 | 76 | 73 | 83 |
| Expenses | 52 | 49 | 49 | 56 | 53 | 53 | 46 | 67 | 62 | 64 | 65 | 69 |
| Operating Profit | 12 | 10 | 11 | 13 | 12 | 11 | 9 | 14 | 13 | 13 | 8 | 14 |
| OPM % | 18.7% | 16.9% | 18.6% | 19% | 18.2% | 16.7% | 16.6% | 16.8% | 16.9% | 16.5% | 11.4% | 17.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 0 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 9 | 7 | 8 | 9 | 9 | 8 | 6 | 10 | 10 | 9 | 5 | 11 |
| Tax % | 24.6% | 38.6% | 6% | 25.2% | 25.9% | 24.4% | 24.2% | 25.7% | 27.2% | 29.2% | 18.1% | 24.4% |
| Net Profit | 7 | 4 | 7 | 7 | 7 | 6 | 4 | 8 | 7 | 6 | 4 | 8 |
| EPS in Rs | 1.4 | 0.85 | 1.42 | 1.39 | 1.32 | 1.14 | 0.83 | 1.52 | 1.36 | 1.26 | 0.87 | 1.61 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 7%
- TTM
- 16%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 7%
- TTM
- 7%
- 10 Years
- 16%
- 5 Years
- 16%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Menon Pistons | ₹ 63.80 | ₹ 303 Cr. | 12.3x | 1.7x | 15% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 35.1x | 3.7x | 10.2% | 3.2% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 62.3x | 17.8x | 29.5% | 19.5% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.3x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 64.6x | 7.3x | 11.2% | 14.1% |
Management
- Sachin Ram Menon
- Chairman of the Board, Managing Director
- Anil Satyanaray Purohit
- Chief Financial Officer
- Devika Menon
- Additional Executive Director
- Nivedita Sachin Menon
- Additional Executive Director
- Sharanya Menon
- Additional Executive Director
- Gayatri Savita Eknath Patil
- Company Secretary, Compliance Manager
Prices are delayed and for information only. Nothing on this page is investment advice.