Munjal Showa

NSE: MUNJALSHOWBSE: 520043
Compare with peers
₹ 123.29▲ 4.82 (+4.07%)28 Oct, 03:29 pm IST
Market cap
₹ 470 Cr.
P/E
18.7x
P/B
0.69x
52-week range
110.3 – 147.1
ROE
3%
ROCE
5%
Dividend yield
3.9%
Debt / equity
0
Sector
Auto Components
Industry
Auto Components & Equipments
Listed on
NSE, BSE

About

Munjal Showa Limited is an India-based company, which is engaged in manufacturing of auto components. The Company is a supplier of shock absorber, front forks struts, and gas springs. It is engaged in manufacturing wide array of original equipment (OEM) parts like struts, dampers, front forks, rear cushions, and gas springs. It is specialized in crafting struts and shock absorbers for both two-wheelers and four-wheelers. The Company’s products include splendor, ignitor, hunk, pleasure, ignitor, maestro, unicorn, super splendor, SZ-yamaha, HF-deluxe, xtreme sports, and passion. The Company caters to brands like Maruti Suzuki, Honda, Hero Motocorp, Yamaha, and various electric vehicle startups.

Quick check

The five things to look at first. Open one for more.

Munjal Showa 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)18.7 against a typical 27.4: cheaper than most peers (1st = cheapest).51st of 153
  • Sales growth+21.7% against a typical +20.7% from a year earlier.66th of 142
  • Profit growth+37.5% against a typical +15.3% from a year earlier.48th of 127
  • Share price, 3 months−10.1% against a typical −4.4%.92nd of 142
  • Size₹ 469.9 Cr. market value against a typical ₹ 728 Cr. (1st = largest).77th 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

AgencyCurrent ratingOutlookAs of
CRISILWithdrawnStable29 Aug 2025

Every agency has withdrawn its rating.

Credit rating actions
RatingDetails
29 Aug 2025
Withdrawn
was Crisil A-—CRISIL₹ 150.25 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
3 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
29 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and Final Dividend, if any, for the Financial Year ended March 31, 2026
7 Feb 2026Financial ResultsTo consider and approve the Un-audited financial results for the period ended December 31, 2025
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
4 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
26 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −3.55%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales287303294311318319303286333350347348
Expenses289300288304323311296284329337347345
Operating Profit−2377−587231202
OPM %−0.6%1.1%2.3%2.3%−1.6%2.4%2.4%0.6%0.9%3.5%0%0.7%
Other Income610699391135413
Interest000000000000
Depreciation333333333333
Profit before tax1101013181310415113
Tax %−33%14%20%11%−137%26%30%16%31%26%104%13%
Net Profit298122698311011
EPS in Rs0.392.161.962.980.511.52.232.070.682.73−0.012.81

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
−1%
5 Years
4%
3 Years
2%
TTM
12%
Compounded Profit Growth
10 Years
−9%
5 Years
0%
3 Years
0%
TTM
5%
Stock Price CAGR
10 Years
−3%
5 Years
0%
3 Years
−2%
TTM
—
Return on Equity
10 Years
5%
5 Years
2%
3 Years
2%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
65.02%
0 pts in a year
FIIs
0.11%
−1.4 pts in a year
DIIs
0.01%
0 pts in a year
Public
34.87%
+1.4 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 18.7xEPS (12 months) ₹ 6.61Median P/E 10.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Munjal Showa₹ 123.29₹ 470 Cr.18.7x0.7x3%—
Samvardhana Motherson International₹ 151.00₹ 1,59,367 Cr.35.1x3.7x10.2%3.2%
Cummins India₹ 4,338.90₹ 1,20,274 Cr.62.3x17.8x29.5%19.5%
Bosch₹ 44,045.85₹ 1,29,918 Cr.51.3x8.1x19.4%13.8%
UNO Minda₹ 1,052.00₹ 60,749 Cr.54.8x9.8x19.1%6.5%
Sona Blw Precision Forgings₹ 752.80₹ 46,984 Cr.64.6x7.3x11.2%14.1%

Management

Yogesh Chander Munjal
Executive Chairman of the Board, Managing Director
Pankaj Gupta
Chief Financial Officer
Ravinder Sharma
Company Secretary and Compliance Officer
Hitoshi Fukagawa
Joint Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.