1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Munjal Showa Limited

Munjal Showa Limited

120.84
INR
+4.00
(+3.42%)
6.00EPS
21.33P/E
5.12BMarket 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
399.54
410.79
370.93
360.62
389.62
410.64
319.3
269.31
263.66
308.68
291.97
311.2
327.34
333.14
Basic EPS, GAAP
17.43
18.91
15.29
15.18
19.38
15.65
10.64
6.54
3.04
7.98
7.69
7.22
5.47
6
Free Cash Flow per Basic Share
10.4
9.85
12.04
18.76
22.4
6.66
11.37
-5.71
7.49
1.61
2.86
9.15
-5.16
- -
Dividend per Share
2.99
3.49
7.89
0.08
4
4.5
4.5
4.49
4.5
4.51
4.51
4.5
4.51
- -
Book Value per Share
89.04
102.69
113.74
128.18
142.42
152.66
158.16
160.37
159.37
162.83
166.08
168.64
169.53
- -
Tangible Book Value per Share
88.55
102.24
113.25
127.84
142.25
152.25
157.57
159.98
159.2
162.28
165.65
168.17
169
- -
Basic Weighted Avg Shares
40
40
40
40
40
40
40
40
40
40
40
40
40
41
Sales/Revenue/Turnover
15,980
16,430
14,835
14,423
15,583
16,423
12,770
10,771
10,545
12,346
11,677
12,446
13,092
13,769
Operating Margin (%)
4.85
5.98
5.61
4.91
5.59
3.89
3.42
0.73
-0.38
1.51
0.29
0.41
1
0.53
Depreciation Expense
286
287
293
291
282
259
204
163
125
118
123
120
106
105
Net Income, GAAP
697
756
612
607
775
626
425
261
122
319
308
289
219
248
Effective Tax Rate (%)
13.08
28.86
30.39
30.97
26.46
26.83
27.23
16.86
12.44
24.38
15.22
17.9
26.05
23.8
Profit Margin (%)
4.36
4.6
4.12
4.21
4.97
3.81
3.33
2.43
1.15
2.58
2.63
2.32
1.67
1.8
Working Capital
920
1,693
2,160
2,778
3,571
3,603
3,869
3,973
3,808
4,120
4,248
4,642
4,735
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
3,561
4,107
4,549
5,127
5,696
6,106
6,326
6,414
6,374
6,512
6,643
6,745
6,780
- -
Return on Invested Capital (%)
20.43
18.22
13.24
10.08
11.7
7.74
5.03
1
-0.53
2.59
0.33
0.65
1.22
- -
Return on Capital (%)
21.82
19.67
14.06
12.56
14.34
10.62
6.89
4.12
1.91
4.96
4.68
4.32
3.25
- -
Return on Common Equity (%)
21.16
19.72
14.13
12.55
14.32
10.61
6.84
4.1
1.9
4.95
4.68
4.31
3.23
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
4,945
4,418
5,122

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
6,478
- -
Cash, Cash Equivalents & STI
- -
3,194
- -
Accounts Receivable, Net
- -
2,347
- -
Inventories
- -
833
- -
Total Current Liabilities
- -
1,743
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.16%
1.12%
0.53%
Free Cash Flow
-24.24%
-33.57%
-156.38%
Net Income, GAAP
1.22%
15.02%
-24.24%
Sales/Revenue/Turnover
-0.59%
4.27%
5.19%
Total Cash Common Dividend
457.93%
0.05%
0.18%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,108
3,177
3,191
3,029
12,446
2026
2,860
3,326
3,497
3,471
13,092
2027
3,475
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.98
0.51
1.49
2.23
7.22
2026
2.07
0.68
2.73
-0.01
5.47
2027
2.81
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
4.5
2026
- -
- -
- -
- -
4.51
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yogesh Chander Munjal
Full Time Employees
2,299
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
9-11, Maruti Industrial Area Gurugram HR India 122015
IPO Date
Jun 16, 1995
Website
munjalshowa.net
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Business
Munjal Showa Limited, a joint venture between Hero Group and Hitachi Astemo (formerly Showa Corporation of Japan) established in 1985 and headquartered in Gurugram, Haryana, India, manufactures automotive components primarily for two-wheeler and four-wheeler segments including shock absorbers, front forks, struts, rear cushions, gas springs, rear door lifters, spring/rear door lifters, and window balancers. The company operates three manufacturing facilities located in Haryana and Uttarakhand, serving major customers such as Hero MotoCorp Ltd and Honda Motorcycle and Scooter India, with a focus on the Indian replacement and OEM markets. Recent developments include the acquisition of significant equity stakes in EIH Limited and another entity on December 18, 2024; board appointments approved at the 40th Annual General Meeting on August 20, 2025; and a scheduled board meeting on August 4, 2025 to consider financial results, alongside trading window closures and bulk deals involving investors like Graviton Research Capital LLP in 2024 and Esvee Capital in June 2025.