1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Menon Pistons Limited

Menon Pistons Limited

60.46
INR
-0.53
(-0.87%)
5.11EPS
13.37P/E
3.48BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
27.85
28.3
25.57
25.69
28.13
29.64
22.73
26.43
40.65
47.75
49.27
48.26
57.59
60.22
Basic EPS, GAAP
0.36
1.12
0.84
1.45
1.38
1.98
0.86
1.75
3.69
4.58
5.19
4.68
5.02
5.11
Free Cash Flow per Basic Share
-0.02
0.58
1.85
0.43
-0.57
2.23
1.64
0.38
-4.94
5.97
-1.12
3.98
3.76
- -
Dividend per Share
0.35
0.15
0.4
0.01
0.6
0.73
1.44
- -
1
0.75
1
1
1
- -
Book Value per Share
11
11.6
11.88
13.27
14.01
15.24
14.62
16.33
18.94
23.08
27.24
30.82
34.85
- -
Tangible Book Value per Share
10.97
11.59
11.86
13.24
13.98
15.21
14.58
16.3
18.28
22.39
26.52
30.12
34.16
- -
Basic Weighted Avg Shares
51
51
51
51
51
51
51
51
51
51
51
51
51
51
Sales/Revenue/Turnover
1,420
1,444
1,304
1,310
1,435
1,511
1,159
1,348
2,073
2,435
2,513
2,461
2,937
3,071
Operating Margin (%)
4.06
7.29
6.49
8.07
8.29
9.11
4.66
8.81
13.32
13.91
15.25
13.94
12
11.53
Depreciation Expense
41
45
44
44
44
48
53
53
69
99
96
106
118
124
Net Income, GAAP
18
57
43
74
70
101
44
89
188
233
265
238
256
260
Effective Tax Rate (%)
41.58
29.94
36.27
31.64
40.72
28.23
21.2
25.86
28.91
33.67
23.49
25.05
25.81
25.43
Profit Margin (%)
1.28
3.96
3.29
5.65
4.9
6.67
3.78
6.63
9.07
9.58
10.53
9.69
8.71
8.48
Working Capital
153
231
291
383
417
431
391
391
544
475
495
650
539
- -
LT Debt
- -
- -
- -
1
- -
- -
- -
1
189
51
50
96
1
- -
Total Equity
561
592
606
677
715
777
746
833
966
1,177
1,389
1,572
1,777
- -
Return on Invested Capital (%)
2.11
6.87
5.31
8.81
8.36
12.47
5.35
9.99
17.74
19.09
20.26
15.4
14.55
- -
Return on Capital (%)
4.77
9.5
7.21
10.59
9.38
12.93
5.75
10.51
17.86
19.6
20.27
15.94
15.62
- -
Return on Common Equity (%)
3.28
9.92
7.16
11.54
10.1
13.51
5.76
11.32
20.9
21.78
20.61
16.11
15.27
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
48
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
51
Market Capitalization
- -
- -
3,483

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,007
- -
Cash, Cash Equivalents & STI
- -
90
- -
Accounts Receivable, Net
- -
454
- -
Inventories
- -
381
- -
Total Current Liabilities
- -
468
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
48
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.58%
16.42%
13.07%
Free Cash Flow
-310.3%
-440.45%
-5.49%
Net Income, GAAP
30.35%
29.06%
7.26%
Sales/Revenue/Turnover
10%
18.35%
19.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
694
654
631
558
2,461
2026
803
745
761
732
2,937
2027
833
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.39
1.31
1.14
0.83
4.68
2026
1.52
1.36
1.26
0.87
5.02
2027
1.61
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sachin Ram Menon
Full Time Employees
271
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
182, MIDC Kolhapur MA India 416122
IPO Date
Feb 26, 1996
Website
menonindia.in
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Business
Menon Pistons Limited (MENNPIS.BO), founded in 1971 and headquartered in Kolhapur, Maharashtra, India, manufactures high-precision aluminium alloy pistons, forged steel pistons, gudgeon pins, and piston rings for passenger cars, heavy and light commercial vehicles, heavy-duty diesel engines in power generation, earthmovers, compressors, and industrial applications; the company also produces piston assemblies, valvetrain components including cam followers, fuel pump tappets, rocker arm assemblies, and oil control valves through its subsidiaries Rapid Machining Technologies Pvt Ltd (acquired 2021) and Lunar Enterprises Pvt Ltd (acquired 2022), as well as precision turned parts for fuel injection, hydraulics, and aerospace engines, and components for exhaust management and hydraulic systems in tipping, lifting, and loading applications. Operations span seven manufacturing facilities in India, with exports to over 20 countries serving OEMs, the replacement market, and key customers such as Cummins India Limited. Recent developments include expanded production of machined components and valvetrain assemblies, completion of solar power projects to enhance operational efficiency, a recommended final dividend of Rs 1 per equity share in May 2025, and sustained profitability with PBILDT margins improving to 19.21% in Q1 FY25 amid a moderate working capital cycle and low gearing of 0.15x.