Munjal Showa Ltd (Auto - 2 & 3 Wheelers) — fundamental analysis, earnings data, and key metrics. PE: 14.3. ROE: 0.7%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Feb 28, 2026
What: Margin expansion driven by improved product mix and operational efficiency
Impact: +₹30 Cr revenue
“Operating profit margin improved to 3.51%, the highest recorded for the company”
What: Non-operating income now 42.62% of PBT (down from higher levels)
“Profit before tax excluding other income reached ₹9.76 crores”
What: Zero debt position providing interest cost savings
“Debt to Equity: 0 (average)”
Earnings deceleration risks from management commentary
Trigger: If non-operating income remains high percentage of PBT
Impact: -150 bps margin impact
Management view: The company's reliance on non-operating income remains a concern, with such income constituting 42.62% of profit before tax
Monitor: Non-operating income as % of PBT
Trigger: If ROCE and ROE remain low
Management view: Not explicitly addressed in available materials
Monitor: ROCE trajectory
Key quotes from recent conference calls
“The recent quarter ending December 2025 marked a notable upswing in Munjal Showa's financial performance. The company reported its highest-ever quarterly net sales of ₹349.68 crores, alongside a peak PBDIT of ₹12.28 crores. — Management Commentary”
“Operating profit margin improved to 3.51%, the highest recorded for the company — Management Commentary”
“Profit before tax excluding other income reached ₹9.76 crores — Management Commentary”
Forward-looking targets from management for Not explicitly stated in available materials
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Munjal Showa Ltd's latest quarterly results (Dec 2025) show
Munjal Showa Ltd's current PE ratio is 14.3x.
Munjal Showa Ltd's price-to-book ratio is 0.7x.
Munjal Showa Ltd's fundamental strength based on key financial ratios
Munjal Showa Ltd has a debt-to-equity ratio of N/A.
Munjal Showa Ltd's return ratios over recent years
Munjal Showa Ltd's operating cash flow is positive (FY2025).
Munjal Showa Ltd's current dividend yield is 3.89%.
Munjal Showa Ltd's shareholding pattern (Dec 2025)
Munjal Showa Ltd's promoter holding has remained stable recently.
Munjal Showa Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Munjal Showa Ltd has 3 key growth catalysts identified from recent earnings analysis
Munjal Showa Ltd has 2 key risks worth monitoring
In Q3 FY26, Munjal Showa Ltd's management highlighted
Munjal Showa Ltd's management has provided the following forward guidance for Not explicitly stated in available materials
Based on quantitative research signals, here is why Munjal Showa Ltd may be worth studying
Munjal Showa Ltd investment thesis summary:
Munjal Showa Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
