Munjal Auto Industries Ltd
MUNJALAUMunjal Auto Industries Ltd's price has outrun its earnings. +36.6% in a year against EPS +10.4% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +36.6% in a year while annual EPS moved +10.4% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (9 weeks in) while the P/E sits at the 88th percentile of its own 7-year range. Underneath, the last four quarters read deteriorating — profit −112.3% year on year, and 160% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Munjal Auto Industries Ltd trades at ₹101, in a confirmed uptrend and 9 weeks into that stage. That is +14.7% against its own 200-day average. It sits at 89% of a 52-week range of ₹70 to ₹105. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 25 straight weeks.
Today the stock is in a confirmed uptrend — week 9 of stage 2, confirmed. At ₹101 it trades +14.7% versus its 200-day average and sits at 89% of its 52-week range (₹70–₹105).
Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +163% while the NIFTY 500 moved +276% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 25 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Munjal Auto Industries Ltd trades at 28.7× P/E, at the pricey end of its own range (88th percentile). Its long-run median P/E is 17.8×, measured across 7.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 28.7× is at the pricey end of its own range (88th percentile), against a long-run median of 17.8× measured over 7.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +10.4% against a +36.6% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +8.9%/yr price move, ~+11.4%/yr came from earnings growth and ~−2.5 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Munjal Auto Industries Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 2 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +11.1% | +5.0% | +1.6% | — |
| Profit | +17.9% | −4.0% | +18.1% | — |
| EPS | +10.4% | −10.5% | +14.3% | — |
| Share price | +36.6% | +21.8% | +8.9% | +9.1% |
4-Factor Sector Score
34.0/100 — rank 17 of 20 in Auto Ancillaries - Diversified · 77% evidence confidence
Munjal Auto Industries Ltd scores 34.0 out of 100 against the 20 companies it is compared with in Auto Ancillaries - Diversified, ranking 17. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 11.2 + 5 + 9 + 8.8 = 34. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Munjal Auto Industries Ltd reported ₹614 Cr of revenue in the Mar 26 quarter, +20.0% year on year. That is the 3rd straight quarter of year-on-year growth. Over 7 years it has compounded at 9.5% a year. The last full year, FY26, came in at ₹2,295 Cr. The last four reported quarters add to ₹2,295 Cr.
FY26 revenue came in at ₹2,295 Cr (+11.1% on the year), capping 7 years at 9.5% compound. The latest quarter (Mar 26) printed ₹614 Cr, +20.0% year on year — the 3rd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +11.0% growth against the decade's 9.5% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +11.1% over the last 4 quarters against +10.4%/yr over the last 8 — stabilising; TTM profit +18.2% vs +10.1%/yr — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Munjal Auto Industries Ltd's operating margin is 3.0% in the Mar 26 quarter, −3.7 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 8 fiscal years the operating margin has ranged 3.7% to 6.0%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is 3.0%, −3.7 pp against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 3.7%–6.0%, and FY26's 6.0% is the top of that band — a record year.
🚨 Why the margin moved: operating margin went −3.7 pp year on year while gross margin went −2.8 pp — the loss came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Munjal Auto Industries Ltd posted a net loss of ₹1.3 Cr in the Mar 26 quarter. Full-year FY26 profit was ₹46.0 Cr. The 7-year compound rate is 3.2%. That loss is 0.2% of the quarter's revenue. The same quarter a year earlier earned ₹10.3 Cr. 3 of the last 12 reported quarters were loss-making.
Mar 26 profit was ₹−1.3 Cr, −112.3% year on year. On the full year, FY26 printed ₹46.0 Cr (+17.9%), and the 7-year compound rate is 3.2%.
🚨 Why profit moved: revenue contributed +20.0% and the margin −3.7 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −20.5% vs revenue +11.0%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 160% of Munjal Auto Industries Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹45.0 Cr of operating cash against ₹46.0 Cr of profit. After ₹81.0 Cr of capital spending, ₹−36.0 Cr was left as free cash.
FY26: operating cash of ₹45.0 Cr against reported profit of ₹46.0 Cr, leaving free cash of ₹−36.0 Cr after ₹81.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 160% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 160%: the cash cycle stretched 20 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Munjal Auto Industries Ltd's cash conversion cycle runs 50 days in FY26, up from 30 days in FY21. Capital spending ran ₹230 Cr over the last 3 years. At FY26 sales of ₹2,295 Cr each day of that cycle holds about ₹6.3 Cr, so roughly ₹314 Cr sits inside the business at any moment.
FY26: debtors at 68 days, inventory at 62 days — roughly 2.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 50 days, looser than FY21's 30.
The full loop: cash goes out to suppliers and production on day 0; stock waits 62 days to sell; customers pay about 68 days after that; and suppliers themselves are paid at 80 days — netting out to the 50-day cycle.
In money terms: at FY26 sales of ₹2,295 Cr, each day of the cycle holds about ₹6.3 Cr — so the 50-day loop keeps roughly ₹314 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹230 Cr over the last 3 fiscal years against ₹180 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹157 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Munjal Auto Industries Ltd earns a ROCE of 11% in FY26. That is up from a trough of 5% in FY20. Return on invested capital clears the cost of that capital by −5.8 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 2.0% net margin on 1.58× asset turns.
FY26 ROCE is 11%, recovered from a FY20 trough of 5% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 2.0% net margin × 1.58× asset turns × 3.25× balance-sheet leverage ≈ 10.3% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 6.2% − 12.0% = a −5.8 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Munjal Auto Industries Ltd carries total debt of ₹423 Cr against shareholder equity of ₹467 Cr as of Mar 26, a debt-to-equity of 0.91. On the annual view that ratio went from 0.33 in FY22 to 0.91 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹423 Cr against shareholder equity of ₹467 Cr — a debt-to-equity of 0.91. On the annual view, debt-to-equity went from 0.33 (FY22) to 0.91 (FY26). Read the returns on this page with that leverage in mind.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Munjal Auto Industries Ltd moved a full percentage point over the last two years — the register is quiet. Foreign institutions moved +0.0 points over the same window, to 0.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +0.0 points over 8 quarters to 74.8%; Foreign institutions: +0.0 points over 8 quarters to 0.1%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Munjal Auto Industries Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1S J S Enterprises LtdSJS | 76.2/100Favorable setup93% evidence | LEADER | 27.8/35 Revenue 25.5% · PAT 44.5% · OPM change 4 pp 83% evidence | 21.3/25 ROCE 28.6% · OPM 29% 95% evidence | 9.7/20 P/E 45.1× · PEG 0.85 100% evidence | 17.4/20 RS sector 20.5% · RS bench 35.6% · 1Y 91.4%12 of 12 weeks ahead 100% evidence |
| Exact sum: 27.8 + 21.3 + 9.7 + 17.4 = 76.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Jay Bharat Maruti LtdJAYBARMARU | 72.1/100Favorable setup83% evidence | BREAKING OUT | 27.4/35 Revenue 11.4% · PAT 100% · OPM change 3 pp 83% evidence | 11.6/25 ROCE 16.6% · OPM 12% 95% evidence | 14.4/20 P/E 12.4× · PEG — 50% evidence | 18.7/20 RS sector 34.6% · RS bench 50.4% · 1Y 121.3%10 of 12 weeks ahead 100% evidence |
| Exact sum: 27.4 + 11.6 + 14.4 + 18.7 = 72.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Automobile Corporation Of Goa LtdAUTOCORP | 68.6/100Favorable setup78% evidence | BREAKING OUT | 27.0/35 Revenue 41.1% · PAT 48.9% · OPM change 0 pp 83% evidence | 17.3/25 ROCE 29.6% · OPM 9% 76% evidence | 12.8/20 P/E 18.3× · PEG — 50% evidence | 11.5/20 RS sector -1.4% · RS bench 11.3% · 1Y 21.5%12 of 12 weeks ahead 100% evidence |
| Exact sum: 27 + 17.3 + 12.8 + 11.5 = 68.6 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 4Carraro India LtdCARRARO | 65.7/100Favorable setup89% evidence | FADING | 25.4/35 Revenue 24.8% · PAT 47.2% · OPM change 0 pp 88% evidence | 19.9/25 ROCE 29.5% · OPM 10% 100% evidence | 15.7/20 P/E 22.2× · PEG 0.66 65% evidence | 4.7/20 RS sector -9.1% · RS bench 2.8% · 1Y 10.5%6 of 12 weeks ahead 100% evidence |
| Exact sum: 25.4 + 19.9 + 15.7 + 4.7 = 65.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -9.1% and the one-year return is 10.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 5Lumax Auto Technologies LtdLUMAXTECH | 63.1/100Mixed-positive evidence96% evidence | ASLEEP | 26.2/35 Revenue 33.9% · PAT 47% · OPM change 0 pp 88% evidence | 18.1/25 ROCE 21.4% · OPM 14% 100% evidence | 12.2/20 P/E 37.2× · PEG 0.75 100% evidence | 6.6/20 RS sector -6.4% · RS bench 5.8% · 1Y 51.2%1 of 12 weeks ahead 100% evidence |
| Exact sum: 26.2 + 18.1 + 12.2 + 6.6 = 63.1 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -6.4% and the one-year return is 51.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 6Sansera Engineering LtdSANSERA | 58.8/100Mixed-positive evidence96% evidence | LEADER | 26.1/35 Revenue 15.9% · PAT 50.2% · OPM change 3 pp 88% evidence | 14.0/25 ROCE 14.1% · OPM 19% 100% evidence | 3.5/20 P/E 62.1× · PEG 2.22 100% evidence | 15.2/20 RS sector 41.5% · RS bench 58% · 1Y 146.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 26.1 + 14 + 3.5 + 15.2 = 58.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7OBSC Perfection LtdOBSCP | 58.0/100Mixed-positive evidence72% evidence | LEADER | 14.6/35 Revenue 0.1% · PAT 15.7% · OPM change 1.3 pp 71% evidence | 14.7/25 ROCE 19.5% · OPM 17.1% 95% evidence | 8.7/20 P/E 62.9× · PEG — 15% evidence | 20.0/20 RS sector 57.5% · RS bench 75.9% · 1Y 135.4%12 of 12 weeks ahead 100% evidence |
| Exact sum: 14.6 + 14.7 + 8.7 + 20 = 58 · Decision use: Price leads the evidence: RS versus the benchmark is 75.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 8Samvardhana Motherson International LtdMOTHERSON | 56.3/100Mixed-positive evidence96% evidence | LEADER | 15.1/35 Revenue 10.9% · PAT -1.4% · OPM change 2 pp 88% evidence | 10.9/25 ROCE 13.4% · OPM 11% 100% evidence | 13.9/20 P/E 37.3× · PEG 0.76 100% evidence | 16.4/20 RS sector 9.8% · RS bench 23.7% · 1Y 50.2%11 of 12 weeks ahead 100% evidence |
| Exact sum: 15.1 + 10.9 + 13.9 + 16.4 = 56.3 · Decision use: Price leads the evidence: RS versus the benchmark is 23.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 9Minda Corporation LtdMINDACORP | 55.9/100Mixed-positive evidence90% evidence | TURNING | 23.0/35 Revenue 22.3% · PAT 40.4% · OPM change 0 pp 88% evidence | 10.8/25 ROCE 12.7% · OPM 12% 100% evidence | 8.5/20 P/E 47.1× · PEG 1.58 100% evidence | 13.6/20 RS sector 1.8% · RS bench 20.5% · 1Y 37.2%9 of 11 weeks ahead 70% evidence |
| Exact sum: 23 + 10.8 + 8.5 + 13.6 = 55.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Bosch LtdBOSCHLTD | 54.0/100Mixed-positive evidence78% evidence | BREAKING OUT | 20.0/35 Revenue 10.8% · PAT 37.5% · OPM change 1 pp 83% evidence | 17.5/25 ROCE 21.5% · OPM 14% 76% evidence | 6.5/20 P/E 58× · PEG — 50% evidence | 10.0/20 RS sector -4.4% · RS bench 8.2% · 1Y 8.6%10 of 12 weeks ahead 100% evidence |
| Exact sum: 20 + 17.5 + 6.5 + 10 = 54 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 11Varroc Engineering LtdVARROC | 53.2/100Mixed-positive evidence83% evidence | TURNING | 17.1/35 Revenue 9% · PAT 100% · OPM change -2 pp 88% evidence | 11.7/25 ROCE 19% · OPM 9% 100% evidence | 15.1/20 P/E 41× · PEG 0.63 65% evidence | 9.3/20 RS sector -8.4% · RS bench 14.6% · 1Y 26.2%9 of 11 weeks ahead 70% evidence |
| Exact sum: 17.1 + 11.7 + 15.1 + 9.3 = 53.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12Suprajit Engineering LtdSUPRAJIT | 51.7/100Mixed-positive evidence90% evidence | TURNING | 23.6/35 Revenue 16.7% · PAT 86.7% · OPM change 2 pp 88% evidence | 11.8/25 ROCE 16% · OPM 12% 100% evidence | 5.3/20 P/E 37× · PEG 5.51 100% evidence | 11.0/20 RS sector -2.4% · RS bench 10.2% · 1Y 8.2%8 of 11 weeks ahead 70% evidence |
| Exact sum: 23.6 + 11.8 + 5.3 + 11 = 51.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Endurance Technologies LtdENDURANCE | 49.4/100Mixed-negative evidence96% evidence | BREAKING OUT | 17.8/35 Revenue 26.3% · PAT 13.8% · OPM change 0 pp 88% evidence | 14.1/25 ROCE 17.8% · OPM 14% 100% evidence | 7.4/20 P/E 41.6× · PEG 2.74 100% evidence | 10.1/20 RS sector -8.5% · RS bench 3.7% · 1Y 6.9%9 of 12 weeks ahead 100% evidence |
| Exact sum: 17.8 + 14.1 + 7.4 + 10.1 = 49.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14NDR Auto Components LtdNDRAUTO | 48.7/100Mixed-negative evidence77% evidence | TURNING | 18.5/35 Revenue 15.4% · PAT 17% · OPM change 1 pp 83% evidence | 15.8/25 ROCE 22.2% · OPM 12% 95% evidence | 9.7/20 P/E 31.1× · PEG — 50% evidence | 4.7/20 RS sector -22.4% · RS bench -4.3% · 1Y -20.6%9 of 10 weeks ahead 70% evidence |
| Exact sum: 18.5 + 15.8 + 9.7 + 4.7 = 48.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Sharda Motor Industries LtdSHARDAMOTR | 47.1/100Mixed-negative evidence90% evidence | ASLEEP | 12.5/35 Revenue 19.8% · PAT 9.5% · OPM change -1 pp 88% evidence | 18.5/25 ROCE 36% · OPM 12% 100% evidence | 11.5/20 P/E 15.1× · PEG 2.02 100% evidence | 4.6/20 RS sector -16.8% · RS bench -6.9% · 1Y -18.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 12.5 + 18.5 + 11.5 + 4.6 = 47.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Motherson Sumi Wiring India LtdMSUMI | 40.0/100Mixed-negative evidence90% evidence | ASLEEP | 10.7/35 Revenue 23.1% · PAT 3% · OPM change -3 pp 88% evidence | 15.9/25 ROCE 38.9% · OPM 8% 100% evidence | 7.1/20 P/E 43.1× · PEG 6.28 100% evidence | 6.3/20 RS sector -6.9% · RS bench -6.5% · 1Y 0.3%0 of 10 weeks ahead 70% evidence |
| Exact sum: 10.7 + 15.9 + 7.1 + 6.3 = 40 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Munjal Auto Industries Ltdthis pageMUNJALAU | 34.0/100Adverse evidence77% evidence | TURNING | 11.2/35 Revenue 11.1% · PAT 18.2% · OPM change -3.7 pp 83% evidence | 5.0/25 ROCE 11.1% · OPM 3% 95% evidence | 9.0/20 P/E 28.7× · PEG — 50% evidence | 8.8/20 RS sector -8.8% · RS bench 16% · 1Y 31.9%10 of 10 weeks ahead 70% evidence |
| Exact sum: 11.2 + 5 + 9 + 8.8 = 34 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18ZF Commercial Vehicle Control System India LtdZFCVINDIA | 33.8/100Adverse evidence100% evidence | BASING | 10.5/35 Revenue 9% · PAT 3.1% · OPM change 0 pp 100% evidence | 13.3/25 ROCE 19.4% · OPM 13% 100% evidence | 8.1/20 P/E 54.5× · PEG 4.2 100% evidence | 1.9/20 RS sector -81.5% · RS bench 0.8% · 1Y -82.1%0 of 12 weeks ahead 100% evidence |
| Exact sum: 10.5 + 13.3 + 8.1 + 1.9 = 33.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Precision Camshafts LtdPRECAM | 30.9/100Adverse evidence77% evidence | ASLEEP | 9.7/35 Revenue -10.6% · PAT -5.6% · OPM change 0 pp 83% evidence | 8.0/25 ROCE 7.3% · OPM 13% 95% evidence | 9.6/20 P/E 54.1× · PEG — 50% evidence | 3.6/20 RS sector -32% · RS bench -13.9% · 1Y -25.4%6 of 10 weeks ahead 70% evidence |
| Exact sum: 9.7 + 8 + 9.6 + 3.6 = 30.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 20Mercury EV-Tech LtdMERCURYEV | 23.8/100Adverse evidence70% evidence | TURNING | 8.3/35 Revenue 13.9% · PAT -47.2% · OPM change -8.7 pp 83% evidence | 3.5/25 ROCE 2.6% · OPM -11.6% 95% evidence | 8.5/20 P/E 159× · PEG — 15% evidence | 3.5/20 RS sector -39% · RS bench -8.8% · 1Y -27.7%2 of 7 weeks ahead 70% evidence |
| Exact sum: 8.3 + 3.5 + 8.5 + 3.5 = 23.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Munjal Auto Industries Ltd's share price today?
Munjal Auto Industries Ltd trades at ₹101, +36.6% over the past year. The company is valued at ₹1,013 Cr. The stock sits at 89% of its 52-week range of ₹70–₹105, +14.7% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 9 weeks in. — as of 31 July 2026.
What were Munjal Auto Industries Ltd's latest quarterly results?
Munjal Auto Industries Ltd reported revenue of ₹614 Cr and a net loss of ₹1.3 Cr for the Mar 26 quarter. Revenue rose 20.0% and profit fell 112.3% year on year. Earnings per share were ₹−0.03. The operating margin was 3.0%, 3.7 pp lower than a year earlier. — as of 31 July 2026.
What is Munjal Auto Industries Ltd's revenue?
Munjal Auto Industries Ltd reported revenue of ₹614 Cr in the Mar 26 quarter, +20.0% year on year. For the full FY26 fiscal year, revenue was ₹2,295 Cr (+11.1%). Over the last 7 years revenue compounded at 9.5% a year. — as of 31 July 2026.
What is Munjal Auto Industries Ltd's profit?
Munjal Auto Industries Ltd earned ₹−1.3 Cr of net profit in the Mar 26 quarter, −112.3% year on year. Full-year FY26 profit was ₹46.0 Cr. The operating margin ran 3.0% in the latest quarter. — as of 31 July 2026.
What is Munjal Auto Industries Ltd's market cap?
Munjal Auto Industries Ltd's market capitalisation is ₹1,013 Cr at a share price of ₹101. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Munjal Auto Industries Ltd's P/E ratio?
Munjal Auto Industries Ltd trades at a P/E of 28.7×, at the 88th percentile of its own 7-year range, against a long-run median of 17.8×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Munjal Auto Industries Ltd pay a dividend?
Not in its latest year — Munjal Auto Industries Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 5 of its last 8 reported fiscal years, so there is a history but no current dividend. — as of 31 July 2026.
Is Munjal Auto Industries Ltd overvalued?
On its own history, Munjal Auto Industries Ltd looks expensive against its own history: its P/E of 28.7× sits at the 88th percentile of its 7-year range (long-run median 17.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 31 July 2026.
Is Munjal Auto Industries Ltd growing?
Not right now — Munjal Auto Industries Ltd's latest numbers are shrinking: latest-quarter revenue +20.0% year on year, profit −112.3%, and the margin −3.7 pp at 3.0%. The 7-year compound rates are 9.5% (revenue) and 3.2% (profit). The earnings engine currently reads: deteriorating — as of 31 July 2026.
How is Munjal Auto Industries Ltd performing?
Munjal Auto Industries Ltd is in a confirmed uptrend, 9 weeks in. Its latest quarter's revenue rose 20.0% and profit fell 112.3% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 25 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
Is Munjal Auto Industries Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 9 of stage 2), trading +14.7% versus its 200-day average and at 89% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Munjal Auto Industries Ltd beating the market?
On recent form, yes — Munjal Auto Industries Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 25 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +163% against the NIFTY 500's +276% — behind the index over the full window. — as of 31 July 2026.
Will Munjal Auto Industries Ltd's share price go up?
This page publishes no price forecast for Munjal Auto Industries Ltd. What it measures instead: the share price is ₹101, the price is in a confirmed uptrend 9 weeks in. Its P/E of 28.7× sits at the 88th percentile of its own 7-year range. — as of 31 July 2026.
Who owns Munjal Auto Industries Ltd?
Promoters hold 74.8% of Munjal Auto Industries Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 25.1% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 31 July 2026.
Does Munjal Auto Industries Ltd have too much debt?
It is moderate — Munjal Auto Industries Ltd's debt-to-equity is 0.94, and operating profit covers the interest bill 3×. FY26 borrowings were ₹423 Cr against equity of ₹448 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.
What is Munjal Auto Industries Ltd's capex?
Munjal Auto Industries Ltd spent ₹230 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹81.0 Cr, with ₹157 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Munjal Auto Industries Ltd's cash flow?
Munjal Auto Industries Ltd generated ₹45.0 Cr of operating cash flow in FY26 and ₹−36.0 Cr of free cash flow after ₹81.0 Cr of capital spending. Reported profit that year was ₹46.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Munjal Auto Industries Ltd's profit real cash?
Yes — over the last 3 fiscal years, 160% of Munjal Auto Industries Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹45.0 Cr against reported profit of ₹46.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 31 July 2026.
Where is Munjal Auto Industries Ltd in its business cycle?
Munjal Auto Industries Ltd's FY26 operating margin was 6.0%, against a 8-year band of 3.7%–6.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 3.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Munjal Auto Industries Ltd story?
The sharpest disagreement: the price moved +36.6% in a year while annual EPS moved +10.4% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Munjal Auto Industries Ltd a stock worth studying right now?
This is not investment advice. The machine read: Munjal Auto Industries Ltd's price has outrun its earnings. +36.6% in a year against EPS +10.4% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.