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Munjal Showa Ltd Fundamentals

Market Cap
₹ 665.12 Cr
P/E Ratio (TTM)
18.00
P/B Ratio
1.03
Debt to Equity
0.00
ROE
3.45
EPS (TTM)
9.24
Dividend Yield
2.71 %
Book Value
161.90

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Munjal Showa Ltd Financials

Munjal Showa Ltd Financials

Munjal Showa Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 65.02 % 65.02 % 65.02 % 65.02 %
Retail 28.57 % 28.94 % 29.85 % 29.99 %
Others 5.13 % 4.76 % 3.87 % 3.45 %
FII 1.27 % 1.27 % 1.25 % 1.53 %
Mutual Funds 0.01 % 0.01 % 0.01 % 0.01 %

Promoters

65.02%

Retail

28.57%

Others

5.13%

FII

1.27%

Mutual Funds

0.01%

Promoters

65.02%

Retail

28.94%

Others

4.76%

FII

1.27%

Mutual Funds

0.01%

Promoters

65.02%

Retail

29.85%

Others

3.87%

FII

1.25%

Mutual Funds

0.01%

Promoters

65.02%

Retail

29.99%

Others

3.45%

FII

1.53%

Mutual Funds

0.01%

Resistance and Support

₹167.12

PIVOT

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Resistance
First Resistance₹169.383
Second Resistance₹172.217
Third Resistance₹174.483
support-arrow
Support
First Support₹164.283
Second Support₹162.017
Third Support₹159.183

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day88,91326,86456.42
Week47,61566,852-45.62
1 Month47,61552,264-45.62
6 Months40,295,98315,721,31947.97

About Munjal Showa Ltd

Munjal Showa Ltd, was established in 1987 as a result of technical and financial collaboration between Hero Group and Showa Corporation, Japan. The Collabarator 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. 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. The Munjal Showa manufacturing plant is spread over an area of 24075 sq mt in the industrial area of Gurgaon, Haryana, on the outskirts of the National Capital Territory of Delhi, India. Munjal Showa is also one of the largest suppliers of shock absorbers to major auto giants in India, Japan, Germany, the united States and the united kingdom. The Company has established a strong base in auto ancillary manufacturing market and the products serve as a original equipment to a wide range of Maruti Suzuki upper end cars and export models, Honda City car, complete range of Hero Honda Motorcycles, Kawasaki Bajaj Motorcycles, Kinetic Scooters and Hero range of mini-motorcycles and mopeds and Honda Motorcycles and Scooters India (Pvt) Limited In 1996-97, the company developed Front and Rear Dampers for Hero Honda Motor Bikes and developed struts for Honda Siel Cars. In 1998-99 the company issued bonus shares in the ratio of 1:1. In an open offer Enam Securities acquired 90,000 shares in the company which has taken the companies holding to 7% from 6%. The company developed new model struts and window balancers for the Alto model and for model C and Esteem diesel for Maruti udyog ltd. The company developed Front Fork and Rear Cushion for new models of Hero Honda such as Joy, Dawn, Passion during 2001-2002 and for Model Activa of Hero scooters.Honda Siel Cars India Ltd also released drawings of struts for their new car during this period. During this financial year capacity of Shock absorbers, Struts and window balancer stood at 7272000 Nos, 805200 Nos, 1006500 Nos. The company developed Front Fork and Rear Cushion for Ambition Model of Hero Honda Ltd during the period 2003-2004. It also developed and delivered Gas Charged Front and Rear Struts for Honda Siels Car during the same period. The capacity of shock absorbers and struts were also expanded by 2052515 Nos and 163800 Nos respectively. The company developed successfully Front Strut for Wagon R with Automatic Breaking System of Maruti Udyog Ltd during 2003-2004. The company developed Front Fork for a new bike of Hero Honda Limited and also developed Front Fork and Rear Cushion for Honda Motor Cycle and Scooters India Pvt Ltd during this period. Shock absorbers capacity stood at 10485600 Nos during this period. During 2004-2005, the company successfully developed Front Fork and Rear Cushion for Super Splendor and CDN-II models of Hero Honda Motors Ltd. Hi-tech Front Fork and Rear Cushion for Honda Motorcycle and Scooters India private ltd's Unicorn were also developed. New plant at Manesar Gurgaon came in to operation in April 2005. The company has planned a capital expenditure of Rs.40 crores in 2005-06 in its two plants situated at Gurgaon. During 2005-2006, the company successfully developed Front Fork and Rear cushion for 'Glamour' and 'Achiever' in Motorcycle segment and for 'Pleasure' in Scooter Segment for Hero Honda Motors Ltd. The company also developed hi-tech front fork and rear cushion for 'Shine' Model of Honda Motorcycle and Scooters India Pvt Ltd. The production capacity of Shock absorbers expanded from 12905300 Nos to 15600000 Nos, and the capacity of Struts and window balancer stood at 969000 Nos and 1006500 Nos respectively. New Plant at Manesar became operational in April 2005. In 2007-08, the Company developed Gas Charged Rear Cushion for HUNK model of Hero Honda. It developed altogether new Front Fork and Rear Cushion for Aviator scooter model of Honda Motorcycles and Scooters India Private Limited. In addition, it developed Front Fork and Rear Cushion with minor change covering models KHVA Splendor III and KWFA Passion Plus for Hero Honda and KTEG- Shine and KSPG Unicorn for Honda Motorcycle and Scooters. In 2008-09, the Company commissioned its third plant at Haridwar, Uttrakhand with an initial installed capacity of 5 million shock absorbers per year effective from April 13, 2009.

Managing Director

1985

Founded

Yogesh Chander Munjal

NSE Symbol

MUNJALSHOW

Munjal Showa Ltd Management

NameDesignation
Yogesh Chander MunjalChairman & Managing Director
Ashok Kumar MunjalIndependent Director
Vinod Kumar AgrawalNon-Exec. & Independent Dir.
Nand DhamejaNon-Exec. & Independent Dir.
Charu MunjalNon-Exec & Non-Independent Dir
Devi SinghNon-Exec. & Independent Dir.
Kazuhiro NishiokaDirector
Yasuhiro AshikiJoint Managing Director
Kavita VenugopalIndependent Director
Neha BansalCompany Sec. & Compli. Officer

Events

Dividend Announcement for Munjal Showa Ltd - May 30, 2023

On May 30, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 225.0%. This dividend percentage refle...

Read More

Munjal Showa Ltd News

Munjal Showa to discuss results
On 29 May 2024
Munjal Showa standalone net profit rises 175.16% in the December 2023 quarter
Sales decline 1.37% to Rs 303.32 crore
Munjal Showa to announce Quarterly Result
On 8 February 2024
Munjal Showa standalone net profit declines 78.79% in the September 2023 quarter
Sales decline 9.21% to Rs 287.26 crore
Munjal Showa schedules board meeting
On 8 November 2023
Munjal Showa standalone net profit rises 4153.33% in the June 2023 quarter
Sales decline 9.40% to Rs 287.87 crore
Munjal Showa to announce Quarterly Result
On 10 August 2023
Board of Munjal Showa recommends final dividend
Of Rs 4.5 per share
Munjal Showa to conduct AGM
On 22 August 2023
Munjal Showa standalone net profit rises 201.14% in the March 2023 quarter
Sales rise 0.88% to Rs 298.85 crore

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Munjal Showa Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Munjal Showa Ltd shares in BlinkX

Munjal Showa Ltd's P/E ratio is 18.00 times as of May 18, 2024 at 01:44 PM.

Munjal Showa Ltd's most recent financial reports indicate a price-to-book ratio of 1.03, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Munjal Showa Ltd's market is 665 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Munjal Showa Ltd show a 3.45% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Munjal Showa Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Munjal Showa Ltd stands at 65.02%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 1.27% to 1.27%.