Munjal Showa Ltd vs Rasandik Engineering Industries India Ltd Stock Comparison

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Last Updated on: May 04, 2026

Key Highlights

The Latest Trading Price of Munjal Showa Ltd is ₹ 128.6 as of 30 Apr 15:30 . The P/E Ratio of Munjal Showa Ltd changed from 21.1 on March 2021 to 15.1 on March 2025 . This represents a CAGR of -6.47% over 5 yearsThe P/E Ratio of Rasandik Engineering Industries India Ltd changed from 7 on March 2024 to 0 on March 2025 . This represents a CAGR of -100.00% over 2 years The Market Cap of Munjal Showa Ltd changed from ₹ 552.93 crore on March 2021 to ₹ 436.95 crore on March 2025 . This represents a CAGR of -4.60% over 5 yearsThe Market Cap of Rasandik Engineering Industries India Ltd changed from ₹ 54.85 crore on March 2021 to ₹ 43.39 crore on March 2025 . This represents a CAGR of -4.58% over 5 years The revenue of Munjal Showa Ltd for the Dec '25 is ₹ 356.94 crore as compare to the Sep '25 revenue of ₹ 336.01 crore. This represent the growth of 6.23% The revenue of Rasandik Engineering Industries India Ltd for the Dec '25 is ₹ 22.2 crore as compare to the Sep '25 revenue of ₹ 12.68 crore. This represent the growth of 75.08% The ebitda of Munjal Showa Ltd for the Dec '25 is ₹ 17.34 crore as compare to the Sep '25 ebitda of ₹ 6.52 crore. This represent the growth of 165.95% The ebitda of Rasandik Engineering Industries India Ltd for the Dec '25 is ₹ 0.88 crore as compare to the Sep '25 ebitda of ₹ 0.01 crore. This represent the growth of 8700% The net profit of Munjal Showa Ltd changed from ₹ 11.92 crore to ₹ 10.91 crore over 7 quarters. This represents a CAGR of -4.93% The net profit of Rasandik Engineering Industries India Ltd changed from ₹ 1.46 crore to ₹ -0.83 crore over 7 quarters. This represents a CAGR of NaN% The Dividend Payout of Munjal Showa Ltd changed from 68.86 % on March 2021 to 62.35 % on March 2025 . This represents a CAGR of -1.97% over 5 yearsThe Dividend Payout of Rasandik Engineering Industries India Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Munjal Showa Ltd

Munjal Showa Limited, was established in 1985 as a result of technical and financial collaboration between Hero Group and Showa Corporation, Japan.
The Collaborator has a 26% equity participation in the Company.
The Company operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry, primary products being Front Forks, Shock Absorbers, Struts, Gas Springs/ Rear Door, Lifters and Window Balancers for sale in domestic market.
The Company has 3 manufacturing locations, 2 in Haryana and 1 in Uttarakhand.
These units are in Gurgaon, Manesar and Haridwar. Munjal Showa Limited in its joint venture with Showa Corporation, designs and manufacturers shock absorbers and struts for leading two-wheelers and four-wheelers.

About Rasandik Engineering Industries India Ltd

Incorporated in 1984, Rasandik Engineering Industries India Ltd is mainly engaged in manufacturing of sheet metal components, muffler assemblies, fuel tank, tools & dies for motor vehicles, and spare parts. To supply several components, the Company diversified into manufacturing of Press Tools & Dies and offering a 'One Stop Shop' to customers.
It made a preferential issue of 7,50,000 equity shares of Rs.10/- each to promoters and associates of the Company. In 2003, the Company set up Lab for Fuel Tank Life Cycle Tests.
It commissioned 1200T HYD Press in 2004.
In June 2006, the Company set up Tailor Welded Blanks (TWB) system.
The Pune Plant for Sheet Metal Components Assembly Unit was made fully operational in 2007-08.

FAQs for the comparison of Munjal Showa Ltd and Rasandik Engineering Industries India Ltd

Which company has a larger market capitalization, Munjal Showa Ltd or Rasandik Engineering Industries India Ltd?

Market cap of Munjal Showa Ltd is 514 Cr while Market cap of Rasandik Engineering Industries India Ltd is 39 Cr

What are the key factors driving the stock performance of Munjal Showa Ltd and Rasandik Engineering Industries India Ltd?

The stock performance of Munjal Showa Ltd and Rasandik Engineering Industries India Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Munjal Showa Ltd and Rasandik Engineering Industries India Ltd?

As of May 4, 2026, the Munjal Showa Ltd stock price is INR ₹128.6. On the other hand, Rasandik Engineering Industries India Ltd stock price is INR ₹66.21.

How do dividend payouts of Munjal Showa Ltd and Rasandik Engineering Industries India Ltd compare?

To compare the dividend payouts of Munjal Showa Ltd and Rasandik Engineering Industries India Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.