Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Munjal Showa share price today

Munjal Showa Ltd · NSE: MUNJALSHOW · Auto - 2 & 3 Wheelers · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Munjal Showa share price today: ₹124.31 at the NSE close on 4 November 2026, down 5.1% in a year. Munjal Showa (NSE: MUNJALSHOW) is worth ₹495 crore, trades at a P/E of 18.7 and has closed between ₹114.86 and ₹139.80 over the past 52 weeks.

MixedBusiness trend from the last 12 quarters
₹124.31Price −5.1% in a year
18.7×P/E higher than 63% of the last 11 years
₹348 CrRevenue (Jun 2026) +21.7% on a year ago
₹11.0 CrProfit (Jun 2026) +37.5% on a year ago
0.7%Operating margin +0.1 points on a year ago
5%ROCE FY26
2.7%ROIC against a 12.0% cost of capital: −9.3 points

Munjal Showa Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: profits are rising, but only 33% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

The price has been stalling near its high for 3 weeks, and the P/E is higher than 63% of its own last 11 years. Over the last four quarters, results have been improving, with profit +37.5% on a year earlier, and 33% of the last 3 years' profit came in as cash. What will decide it: whether the cash starts to follow the profit.

What is the Munjal Showa share price today?

Munjal Showa Ltd's share price was ₹124.31 at the close on 4 November 2026. It has been stalling near its high for 3 weeks. That is 4.8% below its average price over the last 200 trading days.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Munjal Showa Ltd is in stage 3. The phase helps read everything below.

In the last 52 weeks it traded between ₹115 and ₹140, and at that close it sat 38% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

1Y

Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.

  • Price ₹124
  • 50-day avg ₹130
  • 200-day avg ₹131
Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹130₹134₹137
7 Nov 2025₹131₹134₹136
14 Nov 2025₹129₹133₹136
21 Nov 2025₹125₹132₹136
28 Nov 2025₹128₹131₹135
5 Dec 2025₹124₹130₹135
12 Dec 2025₹124₹129₹134
19 Dec 2025₹123₹128₹134
26 Dec 2025₹125₹127₹133
2 Jan 2026₹125₹127₹133
9 Jan 2026₹121₹126₹132
16 Jan 2026₹120₹125₹132
23 Jan 2026₹115₹124₹131
1 Feb 2026₹119₹123₹131
6 Feb 2026₹124₹122₹130
13 Feb 2026₹132₹124₹130
20 Feb 2026₹127₹125₹130
27 Feb 2026₹128₹126₹130
6 Mar 2026₹127₹126₹130
13 Mar 2026₹121₹126₹130
20 Mar 2026₹120₹125₹129
27 Mar 2026₹116₹124₹129
2 Apr 2026₹116₹123₹128
10 Apr 2026₹125₹123₹128
17 Apr 2026₹128₹123₹128
24 Apr 2026₹128₹124₹128
30 Apr 2026₹129₹125₹128
8 May 2026₹140₹127₹129
15 May 2026₹131₹129₹129
22 May 2026₹137₹130₹129
29 May 2026₹139₹131₹130
4 Jun 2026₹128₹131₹130
5 Jun 2026₹129₹131₹130
10 Jun 2026₹130₹130₹129
12 Jun 2026₹128₹130₹129
17 Jun 2026₹129₹130₹129
19 Jun 2026₹129₹130₹129
24 Jun 2026₹128₹130₹129
25 Jun 2026₹128₹130₹129
1 Jul 2026₹130₹130₹129
3 Jul 2026₹131₹130₹129
10 Jul 2026₹134₹130₹130
17 Jul 2026₹136₹131₹130
24 Jul 2026₹136₹132₹130
31 Jul 2026₹137₹133₹130
7 Aug 2026₹134₹134₹131
14 Aug 2026₹138₹134₹131
21 Aug 2026₹131₹134₹131
28 Aug 2026₹131₹134₹131
4 Sep 2026₹129₹133₹131
11 Sep 2026₹128₹132₹131
18 Sep 2026₹126₹131₹131
25 Sep 2026₹129₹131₹131
1 Oct 2026₹125₹130₹131
9 Oct 2026₹121₹130₹131
16 Oct 2026₹123₹130₹131
23 Oct 2026₹121₹130₹131
30 Oct 2026₹121₹130₹131
4 Nov 2026₹124₹130₹131
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.

  • Price ₹124
  • 50-day avg ₹130
  • 200-day avg ₹131
Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹141₹141₹127
12 Nov 2023₹132₹140₹127
17 Nov 2023₹132₹138₹128
24 Nov 2023₹139₹137₹128
1 Dec 2023₹139₹138₹128
8 Dec 2023₹141₹139₹129
15 Dec 2023₹142₹139₹130
22 Dec 2023₹137₹139₹130
29 Dec 2023₹144₹140₹131
5 Jan 2024₹145₹141₹131
12 Jan 2024₹165₹144₹133
20 Jan 2024₹196₹151₹135
25 Jan 2024₹186₹155₹137
2 Feb 2024₹192₹161₹139
9 Feb 2024₹187₹167₹142
16 Feb 2024₹185₹169₹144
23 Feb 2024₹181₹172₹146
2 Mar 2024₹196₹174₹148
7 Mar 2024₹177₹175₹149
15 Mar 2024₹156₹172₹149
22 Mar 2024₹167₹170₹150
28 Mar 2024₹163₹169₹150
5 Apr 2024₹172₹170₹151
12 Apr 2024₹164₹169₹152
19 Apr 2024₹160₹168₹152
26 Apr 2024₹163₹167₹153
3 May 2024₹158₹166₹153
10 May 2024₹158₹164₹153
18 May 2024₹167₹164₹154
24 May 2024₹170₹165₹154
31 May 2024₹153₹164₹155
7 Jun 2024₹157₹161₹155
14 Jun 2024₹162₹161₹155
21 Jun 2024₹161₹161₹155
28 Jun 2024₹157₹161₹155
5 Jul 2024₹159₹161₹155
12 Jul 2024₹159₹160₹156
19 Jul 2024₹156₹160₹156
26 Jul 2024₹164₹160₹156
2 Aug 2024₹177₹163₹157
9 Aug 2024₹169₹163₹157
16 Aug 2024₹162₹163₹158
23 Aug 2024₹164₹164₹158
30 Aug 2024₹174₹165₹159
6 Sep 2024₹181₹168₹160
13 Sep 2024₹175₹170₹161
20 Sep 2024₹174₹170₹161
27 Sep 2024₹170₹170₹161
4 Oct 2024₹164₹169₹162
11 Oct 2024₹161₹168₹162
18 Oct 2024₹163₹167₹162
25 Oct 2024₹146₹164₹161
1 Nov 2024₹154₹162₹161
8 Nov 2024₹154₹161₹160
14 Nov 2024₹142₹158₹160
22 Nov 2024₹142₹156₹159
29 Nov 2024₹146₹154₹158
6 Dec 2024₹154₹153₹158
13 Dec 2024₹153₹153₹158
20 Dec 2024₹150₹153₹158
27 Dec 2024₹148₹152₹157
3 Jan 2025₹148₹151₹157
10 Jan 2025₹137₹149₹156
17 Jan 2025₹144₹147₹155
24 Jan 2025₹141₹147₹155
1 Feb 2025₹137₹145₹154
7 Feb 2025₹139₹144₹153
14 Feb 2025₹125₹141₹152
21 Feb 2025₹121₹138₹150
28 Feb 2025₹111₹135₹149
7 Mar 2025₹115₹131₹147
13 Mar 2025₹111₹128₹146
21 Mar 2025₹114₹125₹144
28 Mar 2025₹109₹122₹142
4 Apr 2025₹111₹121₹141
11 Apr 2025₹111₹119₹140
17 Apr 2025₹116₹119₹139
25 Apr 2025₹115₹118₹138
2 May 2025₹115₹118₹137
9 May 2025₹110₹117₹136
16 May 2025₹123₹117₹135
23 May 2025₹138₹120₹135
30 May 2025₹140₹124₹135
6 Jun 2025₹138₹127₹136
13 Jun 2025₹136₹129₹136
20 Jun 2025₹133₹130₹136
27 Jun 2025₹132₹129₹135
4 Jul 2025₹141₹131₹135
11 Jul 2025₹151₹134₹136
18 Jul 2025₹151₹137₹137
25 Jul 2025₹150₹140₹137
1 Aug 2025₹145₹141₹138
8 Aug 2025₹131₹140₹138
14 Aug 2025₹133₹138₹137
22 Aug 2025₹139₹138₹138
29 Aug 2025₹136₹138₹138
5 Sep 2025₹136₹138₹138
12 Sep 2025₹141₹139₹138
19 Sep 2025₹140₹139₹138
26 Sep 2025₹138₹140₹138
3 Oct 2025₹141₹140₹138
10 Oct 2025₹139₹139₹138
17 Oct 2025₹125₹137₹138
24 Oct 2025₹126₹135₹137
31 Oct 2025₹130₹134₹137
7 Nov 2025₹131₹134₹136
14 Nov 2025₹129₹133₹136
21 Nov 2025₹125₹132₹136
28 Nov 2025₹128₹131₹135
5 Dec 2025₹124₹130₹135
12 Dec 2025₹124₹129₹134
19 Dec 2025₹123₹128₹134
26 Dec 2025₹125₹127₹133
2 Jan 2026₹125₹127₹133
9 Jan 2026₹121₹126₹132
16 Jan 2026₹120₹125₹132
23 Jan 2026₹115₹124₹131
1 Feb 2026₹119₹123₹131
6 Feb 2026₹124₹122₹130
13 Feb 2026₹132₹124₹130
20 Feb 2026₹127₹125₹130
27 Feb 2026₹128₹126₹130
6 Mar 2026₹127₹126₹130
13 Mar 2026₹121₹126₹130
20 Mar 2026₹120₹125₹129
27 Mar 2026₹116₹124₹129
2 Apr 2026₹116₹123₹128
10 Apr 2026₹125₹123₹128
17 Apr 2026₹128₹123₹128
24 Apr 2026₹128₹124₹128
30 Apr 2026₹129₹125₹128
8 May 2026₹140₹127₹129
15 May 2026₹131₹129₹129
22 May 2026₹137₹130₹129
29 May 2026₹139₹131₹130
4 Jun 2026₹128₹131₹130
5 Jun 2026₹129₹131₹130
10 Jun 2026₹130₹130₹129
12 Jun 2026₹128₹130₹129
17 Jun 2026₹129₹130₹129
19 Jun 2026₹129₹130₹129
24 Jun 2026₹128₹130₹129
25 Jun 2026₹128₹130₹129
1 Jul 2026₹130₹130₹129
3 Jul 2026₹131₹130₹129
10 Jul 2026₹134₹130₹130
17 Jul 2026₹136₹131₹130
24 Jul 2026₹136₹132₹130
31 Jul 2026₹137₹133₹130
7 Aug 2026₹134₹134₹131
14 Aug 2026₹138₹134₹131
21 Aug 2026₹131₹134₹131
28 Aug 2026₹131₹134₹131
4 Sep 2026₹129₹133₹131
11 Sep 2026₹128₹132₹131
18 Sep 2026₹126₹131₹131
25 Sep 2026₹129₹131₹131
1 Oct 2026₹125₹130₹131
9 Oct 2026₹121₹130₹131
16 Oct 2026₹123₹130₹131
23 Oct 2026₹121₹130₹131
30 Oct 2026₹121₹130₹131
4 Nov 2026₹124₹130₹131
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.

  • Price ₹124
  • 50-day avg ₹130
  • 200-day avg ₹131
Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹130₹137₹140
12 Nov 2021₹130₹135₹140
26 Nov 2021₹125₹133₹139
10 Dec 2021₹126₹130₹137
24 Dec 2021₹118₹127₹136
7 Jan 2022₹130₹126₹135
21 Jan 2022₹132₹129₹134
4 Feb 2022₹122₹127₹133
18 Feb 2022₹117₹123₹132
4 Mar 2022₹104₹118₹130
17 Mar 2022₹106₹113₹127
1 Apr 2022₹104₹110₹125
13 Apr 2022₹109₹110₹124
29 Apr 2022₹108₹109₹122
13 May 2022₹96₹106₹120
27 May 2022₹101₹103₹118
10 Jun 2022₹105₹104₹117
24 Jun 2022₹100₹102₹115
8 Jul 2022₹102₹102₹114
22 Jul 2022₹109₹103₹113
5 Aug 2022₹103₹103₹112
19 Aug 2022₹104₹103₹111
2 Sep 2022₹105₹104₹111
16 Sep 2022₹104₹104₹110
30 Sep 2022₹100₹104₹110
14 Oct 2022₹99₹102₹109
28 Oct 2022₹103₹102₹108
11 Nov 2022₹101₹102₹107
25 Nov 2022₹110₹103₹107
9 Dec 2022₹109₹106₹108
23 Dec 2022₹94₹105₹107
6 Jan 2023₹99₹103₹106
20 Jan 2023₹98₹102₹106
3 Feb 2023₹93₹100₹105
17 Feb 2023₹92₹97₹104
3 Mar 2023₹91₹95₹102
17 Mar 2023₹88₹94₹101
31 Mar 2023₹85₹91₹100
13 Apr 2023₹91₹91₹100
28 Apr 2023₹96₹92₹99
12 May 2023₹96₹94₹99
26 May 2023₹102₹95₹99
9 Jun 2023₹135₹103₹101
23 Jun 2023₹133₹114₹104
7 Jul 2023₹142₹121₹107
21 Jul 2023₹147₹130₹111
4 Aug 2023₹141₹135₹114
18 Aug 2023₹141₹136₹116
1 Sep 2023₹142₹138₹119
15 Sep 2023₹151₹141₹121
29 Sep 2023₹148₹143₹124
13 Oct 2023₹142₹143₹125
27 Oct 2023₹136₹142₹126
12 Nov 2023₹132₹140₹127
24 Nov 2023₹139₹137₹128
8 Dec 2023₹141₹139₹129
22 Dec 2023₹137₹139₹130
5 Jan 2024₹145₹141₹131
20 Jan 2024₹196₹151₹135
2 Feb 2024₹192₹161₹139
16 Feb 2024₹185₹169₹144
2 Mar 2024₹196₹174₹148
15 Mar 2024₹156₹172₹149
28 Mar 2024₹163₹169₹150
12 Apr 2024₹164₹169₹152
26 Apr 2024₹163₹167₹153
10 May 2024₹158₹164₹153
24 May 2024₹170₹165₹154
7 Jun 2024₹157₹161₹155
21 Jun 2024₹161₹161₹155
5 Jul 2024₹159₹161₹155
19 Jul 2024₹156₹160₹156
2 Aug 2024₹177₹163₹157
16 Aug 2024₹162₹163₹158
30 Aug 2024₹174₹165₹159
13 Sep 2024₹175₹170₹161
27 Sep 2024₹170₹170₹161
11 Oct 2024₹161₹168₹162
25 Oct 2024₹146₹164₹161
8 Nov 2024₹154₹161₹160
22 Nov 2024₹142₹156₹159
6 Dec 2024₹154₹153₹158
20 Dec 2024₹150₹153₹158
3 Jan 2025₹148₹151₹157
17 Jan 2025₹144₹147₹155
1 Feb 2025₹137₹145₹154
14 Feb 2025₹125₹141₹152
28 Feb 2025₹111₹135₹149
13 Mar 2025₹111₹128₹146
28 Mar 2025₹109₹122₹142
11 Apr 2025₹111₹119₹140
25 Apr 2025₹115₹118₹138
9 May 2025₹110₹117₹136
23 May 2025₹138₹120₹135
6 Jun 2025₹138₹127₹136
20 Jun 2025₹133₹130₹136
4 Jul 2025₹141₹131₹135
18 Jul 2025₹151₹137₹137
1 Aug 2025₹145₹141₹138
14 Aug 2025₹133₹138₹137
29 Aug 2025₹136₹138₹138
12 Sep 2025₹141₹139₹138
26 Sep 2025₹138₹140₹138
10 Oct 2025₹139₹139₹138
24 Oct 2025₹126₹135₹137
7 Nov 2025₹131₹134₹136
21 Nov 2025₹125₹132₹136
5 Dec 2025₹124₹130₹135
19 Dec 2025₹123₹128₹134
2 Jan 2026₹125₹127₹133
16 Jan 2026₹120₹125₹132
1 Feb 2026₹119₹123₹131
13 Feb 2026₹132₹124₹130
27 Feb 2026₹128₹126₹130
13 Mar 2026₹121₹126₹130
27 Mar 2026₹116₹124₹129
10 Apr 2026₹125₹123₹128
24 Apr 2026₹128₹124₹128
8 May 2026₹140₹127₹129
22 May 2026₹137₹130₹129
4 Jun 2026₹128₹131₹130
10 Jun 2026₹130₹130₹129
17 Jun 2026₹129₹130₹129
24 Jun 2026₹128₹130₹129
1 Jul 2026₹130₹130₹129
10 Jul 2026₹134₹130₹130
24 Jul 2026₹136₹132₹130
7 Aug 2026₹134₹134₹131
21 Aug 2026₹131₹134₹131
4 Sep 2026₹129₹133₹131
18 Sep 2026₹126₹131₹131
1 Oct 2026₹125₹130₹131
16 Oct 2026₹123₹130₹131
30 Oct 2026₹121₹130₹131
4 Nov 2026₹124₹130₹131
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.

  • Price ₹124
  • 50-day avg ₹130
  • 200-day avg ₹131
Nov 2026: ₹124, 4.8% below its 200-day average. The price has been stalling near its high for 3 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹238₹212₹192
18 Nov 2016₹193₹213₹194
9 Dec 2016₹192₹203₹194
30 Dec 2016₹187₹196₹193
20 Jan 2017₹192₹195₹193
10 Feb 2017₹205₹196₹194
3 Mar 2017₹197₹197₹194
24 Mar 2017₹212₹200₹196
13 Apr 2017₹222₹209₹199
5 May 2017₹199₹209₹200
26 May 2017₹191₹204₹200
16 Jun 2017₹196₹200₹199
7 Jul 2017₹194₹197₹198
28 Jul 2017₹224₹204₹200
18 Aug 2017₹226₹212₹203
8 Sep 2017₹276₹224₹208
29 Sep 2017₹254₹242₹216
19 Oct 2017₹267₹252₹222
10 Nov 2017₹278₹265₹230
1 Dec 2017₹265₹267₹236
22 Dec 2017₹283₹270₹241
12 Jan 2018₹298₹280₹248
2 Feb 2018₹242₹278₹252
23 Feb 2018₹227₹258₹249
16 Mar 2018₹216₹242₹245
6 Apr 2018₹227₹230₹241
27 Apr 2018₹229₹229₹239
18 May 2018₹210₹224₹237
8 Jun 2018₹244₹224₹234
29 Jun 2018₹224₹230₹235
20 Jul 2018₹221₹229₹234
10 Aug 2018₹219₹225₹232
31 Aug 2018₹230₹223₹231
21 Sep 2018₹204₹221₹229
12 Oct 2018₹185₹207₹224
2 Nov 2018₹189₹196₹218
22 Nov 2018₹181₹190₹214
14 Dec 2018₹178₹184₹209
4 Jan 2019₹180₹184₹205
25 Jan 2019₹173₹181₹201
15 Feb 2019₹155₹173₹196
8 Mar 2019₹176₹170₹192
29 Mar 2019₹168₹170₹189
18 Apr 2019₹163₹167₹186
10 May 2019₹150₹162₹182
31 May 2019₹161₹159₹179
21 Jun 2019₹152₹157₹175
12 Jul 2019₹144₹152₹171
2 Aug 2019₹125₹141₹165
23 Aug 2019₹125₹136₹161
13 Sep 2019₹133₹131₹156
4 Oct 2019₹126₹131₹153
27 Oct 2019₹134₹130₹150
15 Nov 2019₹130₹132₹148
6 Dec 2019₹124₹130₹145
27 Dec 2019₹126₹127₹142
17 Jan 2020₹145₹130₹141
7 Feb 2020₹128₹131₹140
28 Feb 2020₹103₹124₹137
20 Mar 2020₹68₹105₹129
9 Apr 2020₹73₹89₹122
30 Apr 2020₹79₹83₹116
22 May 2020₹77₹79₹110
12 Jun 2020₹93₹84₹107
3 Jul 2020₹105₹91₹106
24 Jul 2020₹103₹96₹106
14 Aug 2020₹117₹103₹106
4 Sep 2020₹135₹120₹111
25 Sep 2020₹121₹123₹113
16 Oct 2020₹124₹125₹115
6 Nov 2020₹136₹129₹118
27 Nov 2020₹145₹133₹120
18 Dec 2020₹146₹138₹124
8 Jan 2021₹145₹139₹126
29 Jan 2021₹139₹141₹128
19 Feb 2021₹164₹149₹132
12 Mar 2021₹154₹152₹135
1 Apr 2021₹143₹149₹137
23 Apr 2021₹131₹143₹136
14 May 2021₹137₹140₹136
4 Jun 2021₹154₹144₹138
25 Jun 2021₹150₹152₹141
16 Jul 2021₹150₹150₹142
6 Aug 2021₹151₹151₹144
27 Aug 2021₹137₹145₹143
17 Sep 2021₹135₹141₹142
8 Oct 2021₹139₹140₹141
29 Oct 2021₹130₹137₹140
18 Nov 2021₹129₹135₹139
10 Dec 2021₹126₹130₹137
31 Dec 2021₹121₹126₹135
21 Jan 2022₹132₹129₹134
11 Feb 2022₹119₹125₹133
4 Mar 2022₹104₹118₹130
25 Mar 2022₹102₹112₹126
13 Apr 2022₹109₹110₹124
6 May 2022₹102₹108₹122
27 May 2022₹101₹103₹118
17 Jun 2022₹98₹103₹116
8 Jul 2022₹102₹102₹114
29 Jul 2022₹104₹103₹113
19 Aug 2022₹104₹103₹111
9 Sep 2022₹106₹104₹111
30 Sep 2022₹100₹104₹110
21 Oct 2022₹100₹102₹108
11 Nov 2022₹101₹102₹107
2 Dec 2022₹111₹105₹107
23 Dec 2022₹94₹105₹107
13 Jan 2023₹99₹102₹106
3 Feb 2023₹93₹100₹105
24 Feb 2023₹91₹96₹103
17 Mar 2023₹88₹94₹101
6 Apr 2023₹92₹91₹100
28 Apr 2023₹96₹92₹99
19 May 2023₹98₹94₹99
9 Jun 2023₹135₹103₹101
30 Jun 2023₹135₹117₹105
21 Jul 2023₹147₹130₹111
11 Aug 2023₹142₹136₹115
1 Sep 2023₹142₹138₹119
22 Sep 2023₹147₹142₹122
13 Oct 2023₹142₹143₹125
3 Nov 2023₹141₹141₹127
24 Nov 2023₹139₹137₹128
15 Dec 2023₹142₹139₹130
5 Jan 2024₹145₹141₹131
25 Jan 2024₹186₹155₹137
16 Feb 2024₹185₹169₹144
7 Mar 2024₹177₹175₹149
28 Mar 2024₹163₹169₹150
19 Apr 2024₹160₹168₹152
10 May 2024₹158₹164₹153
31 May 2024₹153₹164₹155
21 Jun 2024₹161₹161₹155
12 Jul 2024₹159₹160₹156
2 Aug 2024₹177₹163₹157
23 Aug 2024₹164₹164₹158
13 Sep 2024₹175₹170₹161
4 Oct 2024₹164₹169₹162
25 Oct 2024₹146₹164₹161
14 Nov 2024₹142₹158₹160
6 Dec 2024₹154₹153₹158
27 Dec 2024₹148₹152₹157
17 Jan 2025₹144₹147₹155
7 Feb 2025₹139₹144₹153
28 Feb 2025₹111₹135₹149
21 Mar 2025₹114₹125₹144
11 Apr 2025₹111₹119₹140
2 May 2025₹115₹118₹137
23 May 2025₹138₹120₹135
13 Jun 2025₹136₹129₹136
4 Jul 2025₹141₹131₹135
25 Jul 2025₹150₹140₹137
14 Aug 2025₹133₹138₹137
5 Sep 2025₹136₹138₹138
26 Sep 2025₹138₹140₹138
17 Oct 2025₹125₹137₹138
7 Nov 2025₹131₹134₹136
28 Nov 2025₹128₹131₹135
19 Dec 2025₹123₹128₹134
9 Jan 2026₹121₹126₹132
1 Feb 2026₹119₹123₹131
20 Feb 2026₹127₹125₹130
13 Mar 2026₹121₹126₹130
2 Apr 2026₹116₹123₹128
24 Apr 2026₹128₹124₹128
15 May 2026₹131₹129₹129
4 Jun 2026₹128₹131₹130
12 Jun 2026₹128₹130₹129
24 Jun 2026₹128₹130₹129
3 Jul 2026₹131₹130₹129
24 Jul 2026₹136₹132₹130
14 Aug 2026₹138₹134₹131
4 Sep 2026₹129₹133₹131
25 Sep 2026₹129₹131₹131
16 Oct 2026₹123₹130₹131
4 Nov 2026₹124₹130₹131
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Falling from Oct 2025 to May 2026; Sideways from May 2026 to Jun 2026; Sideways from Jun 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Nov 2024; Falling from Nov 2024 to Aug 2025; Rising from Aug 2025 to Oct 2025; Falling from Oct 2025 to May 2026; Sideways from May 2026 to Jun 2026; Sideways from Jun 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Falling from Oct 2021 to Jun 2023; Rising from Jun 2023 to Nov 2024; Falling from Nov 2024 to Aug 2025; Rising from Aug 2025 to Oct 2025; Falling from Nov 2025 to May 2026; Sideways in Jun 2026; Sideways from Jun 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Mar 2018; Falling from Apr 2018 to Sep 2020; Rising from Sep 2020 to Sep 2021; Falling from Oct 2021 to Jun 2023; Rising from Jun 2023 to Nov 2024; Falling from Dec 2024 to Jul 2025; Rising from Aug 2025 to Oct 2025; Falling from Nov 2025 to Jul 2026; Rising from Jul 2026 to Sep 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 175 of 550 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
4 Mar 2016no NIFTY 500 reading
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016−7.6%
10 Jun 2016−6.5%
17 Jun 2016−3.8%
24 Jun 2016−3.3%
1 Jul 2016+3.1%
8 Jul 2016−4.5%
15 Jul 2016−9.7%
22 Jul 2016−10.3%
29 Jul 2016−9.7%
5 Aug 2016−11.4%
12 Aug 2016−15.4%
19 Aug 2016−11.0%
26 Aug 2016−9.6%
2 Sep 2016−3.8%
9 Sep 2016+6.9%
16 Sep 2016+6.5%
23 Sep 2016+9.9%
30 Sep 2016+0.0%
7 Oct 2016+13.4%
14 Oct 2016+16.0%
21 Oct 2016+26.8%
30 Oct 2016+28.3%
4 Nov 2016+21.0%
11 Nov 2016+29.8%
18 Nov 2016+13.7%
25 Nov 2016+11.2%
2 Dec 2016+9.1%
9 Dec 2016−1.6%
16 Dec 2016+0.7%
23 Dec 2016−1.9%
30 Dec 2016−0.1%
6 Jan 2017−3.9%
13 Jan 2017−5.4%
20 Jan 2017−17.0%
27 Jan 2017−22.2%
3 Feb 2017−16.9%
10 Feb 2017−15.4%
17 Feb 2017−8.1%
23 Feb 2017−4.6%
3 Mar 2017−7.5%
10 Mar 2017−10.9%
17 Mar 2017−5.7%
24 Mar 2017−3.7%
31 Mar 2017−0.1%
7 Apr 2017+4.4%
13 Apr 2017+3.0%
21 Apr 2017+3.7%
28 Apr 2017−6.0%
5 May 2017−5.5%
12 May 2017−11.4%
19 May 2017−7.7%
26 May 2017−11.4%
2 Jun 2017−11.1%
9 Jun 2017−5.5%
16 Jun 2017−12.1%
23 Jun 2017−12.2%
30 Jun 2017−15.1%
7 Jul 2017−20.2%
14 Jul 2017−16.2%
21 Jul 2017−4.0%
28 Jul 2017+5.2%
4 Aug 2017+10.7%
11 Aug 2017−0.6%
18 Aug 2017+9.7%
24 Aug 2017+14.2%
1 Sep 2017+19.6%
8 Sep 2017+34.7%
15 Sep 2017+34.2%
22 Sep 2017+29.2%
29 Sep 2017+29.0%
6 Oct 2017+30.1%
13 Oct 2017+29.9%
19 Oct 2017+15.3%
27 Oct 2017+18.8%
3 Nov 2017+22.1%
10 Nov 2017+28.5%
17 Nov 2017+12.1%
24 Nov 2017+14.2%
1 Dec 2017+8.5%
8 Dec 2017−4.5%
15 Dec 2017−7.4%
22 Dec 2017−0.8%
29 Dec 2017+3.7%
5 Jan 2018+4.2%
12 Jan 2018+1.2%
19 Jan 2018−2.7%
25 Jan 2018−4.6%
2 Feb 2018−18.1%
9 Feb 2018−19.3%
16 Feb 2018−14.4%
23 Feb 2018−16.6%
1 Mar 2018−12.8%
9 Mar 2018−20.8%
16 Mar 2018−14.7%
23 Mar 2018−21.9%
28 Mar 2018−23.3%
6 Apr 2018−18.1%
13 Apr 2018−19.3%
20 Apr 2018−13.9%
27 Apr 2018−15.3%
4 May 2018−9.6%
11 May 2018−6.2%
18 May 2018−7.7%
25 May 2018−9.2%
1 Jun 2018−1.0%
8 Jun 2018+10.0%
15 Jun 2018+13.9%
22 Jun 2018+14.1%
29 Jun 2018+7.2%
6 Jul 2018−1.9%
13 Jul 2018+1.1%
20 Jul 2018−4.9%
27 Jul 2018−1.6%
3 Aug 2018−6.9%
10 Aug 2018−5.2%
17 Aug 2018−5.8%
24 Aug 2018−3.4%
31 Aug 2018−8.1%
7 Sep 2018−10.5%
14 Sep 2018−16.7%
21 Sep 2018−16.6%
28 Sep 2018−13.4%
5 Oct 2018−12.5%
12 Oct 2018−14.2%
19 Oct 2018−5.7%
26 Oct 2018−15.5%
2 Nov 2018−4.2%
9 Nov 2018−6.5%
16 Nov 2018−7.0%
22 Nov 2018−6.1%
30 Nov 2018−16.2%
7 Dec 2018−17.1%
14 Dec 2018−15.4%
21 Dec 2018−5.7%
28 Dec 2018−1.5%
4 Jan 2019−5.7%
11 Jan 2019−8.5%
18 Jan 2019−10.3%
25 Jan 2019−1.6%
1 Feb 2019−11.5%
8 Feb 2019−11.8%
15 Feb 2019−13.1%
22 Feb 2019−9.7%
1 Mar 2019−4.3%
8 Mar 2019−2.5%
15 Mar 2019−5.5%
22 Mar 2019−16.9%
29 Mar 2019−17.4%
5 Apr 2019−15.0%
12 Apr 2019−14.0%
18 Apr 2019−15.9%
26 Apr 2019−18.1%
3 May 2019−13.5%
10 May 2019−11.4%
17 May 2019−14.3%
24 May 2019−11.4%
31 May 2019−12.9%
7 Jun 2019−12.0%
14 Jun 2019−13.2%
21 Jun 2019−10.0%
28 Jun 2019−14.1%
5 Jul 2019−7.3%
12 Jul 2019−10.4%
19 Jul 2019−13.5%
26 Jul 2019−14.2%
2 Aug 2019−12.8%
9 Aug 2019−9.7%
16 Aug 2019−2.8%
23 Aug 2019−13.5%
30 Aug 2019−14.4%
6 Sep 2019−17.1%
13 Sep 2019−4.9%
20 Sep 2019−11.9%
27 Sep 2019−2.7%
4 Oct 2019−12.5%
11 Oct 2019−10.2%
18 Oct 2019−2.4%
27 Oct 2019−0.2%
1 Nov 2019+1.3%
8 Nov 2019−7.4%
15 Nov 2019−10.8%
22 Nov 2019−6.6%
29 Nov 2019−1.0%
6 Dec 2019−4.4%
13 Dec 2019−20.0%
20 Dec 2019−10.3%
27 Dec 2019−12.8%
3 Jan 2020−1.1%
10 Jan 2020−0.1%
17 Jan 2020+4.0%
24 Jan 2020+3.5%
1 Feb 2020−14.0%
7 Feb 2020−7.5%
14 Feb 2020−9.8%
20 Feb 2020−6.7%
28 Feb 2020−17.2%
6 Mar 2020−12.7%
13 Mar 2020−10.2%
20 Mar 2020−12.8%
27 Mar 2020−21.2%
3 Apr 2020−27.5%
9 Apr 2020−19.0%
17 Apr 2020−23.6%
24 Apr 2020−27.6%
30 Apr 2020−12.0%
8 May 2020−20.4%
15 May 2020−13.5%
22 May 2020−13.2%
29 May 2020−3.7%
5 Jun 2020+0.1%
12 Jun 2020+9.6%
19 Jun 2020+15.1%
26 Jun 2020+44.9%
3 Jul 2020+50.5%
10 Jul 2020+22.5%
17 Jul 2020+14.7%
24 Jul 2020+27.0%
31 Jul 2020+11.7%
7 Aug 2020+40.6%
14 Aug 2020+33.2%
21 Aug 2020+50.3%
28 Aug 2020+49.8%
4 Sep 2020+35.7%
11 Sep 2020+17.9%
18 Sep 2020+31.0%
25 Sep 2020+8.7%
1 Oct 2020+11.4%
9 Oct 2020+12.5%
16 Oct 2020+13.9%
23 Oct 2020+33.4%
30 Oct 2020+17.5%
6 Nov 2020+5.6%
14 Nov 2020+3.8%
20 Nov 2020−9.8%
27 Nov 2020−14.2%
4 Dec 2020−10.5%
11 Dec 2020−3.5%
18 Dec 2020−12.7%
24 Dec 2020−5.3%
1 Jan 2021−9.2%
8 Jan 2021−10.7%
15 Jan 2021−8.5%
22 Jan 2021−19.7%
29 Jan 2021−17.7%
5 Feb 2021−9.6%
12 Feb 2021−1.4%
19 Feb 2021+2.1%
26 Feb 2021−8.4%
5 Mar 2021−8.5%
12 Mar 2021−2.4%
19 Mar 2021−8.3%
26 Mar 2021−8.3%
1 Apr 2021−6.2%
9 Apr 2021−4.0%
16 Apr 2021−6.0%
23 Apr 2021−17.3%
30 Apr 2021−6.1%
7 May 2021−9.8%
14 May 2021−16.4%
21 May 2021−15.9%
28 May 2021−9.7%
4 Jun 2021−6.4%
11 Jun 2021−4.4%
18 Jun 2021+0.9%
25 Jun 2021−2.9%
2 Jul 2021−6.9%
9 Jul 2021−8.9%
16 Jul 2021−0.1%
23 Jul 2021+5.1%
30 Jul 2021+9.1%
6 Aug 2021−0.5%
13 Aug 2021−6.6%
20 Aug 2021−17.4%
27 Aug 2021−17.7%
3 Sep 2021−20.1%
9 Sep 2021−28.2%
17 Sep 2021−28.4%
24 Sep 2021−23.0%
1 Oct 2021−15.4%
8 Oct 2021−18.6%
14 Oct 2021−23.7%
22 Oct 2021−24.0%
29 Oct 2021−29.1%
4 Nov 2021−24.7%
12 Nov 2021−17.6%
18 Nov 2021−9.0%
26 Nov 2021−10.1%
3 Dec 2021−14.4%
10 Dec 2021−5.6%
17 Dec 2021−8.9%
24 Dec 2021−9.6%
31 Dec 2021−14.9%
7 Jan 2022−7.0%
14 Jan 2022−4.0%
21 Jan 2022+2.8%
28 Jan 2022−6.0%
4 Feb 2022−3.6%
11 Feb 2022−4.1%
18 Feb 2022−5.5%
25 Feb 2022−11.4%
4 Mar 2022−7.5%
11 Mar 2022−14.7%
17 Mar 2022−12.4%
25 Mar 2022−13.8%
1 Apr 2022−13.9%
8 Apr 2022−10.9%
13 Apr 2022−12.6%
22 Apr 2022−17.6%
29 Apr 2022−5.9%
6 May 2022−8.3%
13 May 2022−14.1%
20 May 2022−9.5%
27 May 2022−3.6%
3 Jun 2022+1.9%
10 Jun 2022+8.6%
17 Jun 2022+3.7%
24 Jun 2022+7.9%
1 Jul 2022+7.5%
8 Jul 2022+1.2%
15 Jul 2022−2.4%
22 Jul 2022+4.0%
29 Jul 2022−7.2%
5 Aug 2022−7.5%
12 Aug 2022−1.9%
19 Aug 2022−6.4%
26 Aug 2022−6.3%
2 Sep 2022−10.6%
9 Sep 2022−15.6%
16 Sep 2022−11.1%
23 Sep 2022−5.7%
30 Sep 2022−9.9%
7 Oct 2022−9.0%
14 Oct 2022−8.8%
21 Oct 2022−14.3%
28 Oct 2022−4.4%
4 Nov 2022−5.7%
11 Nov 2022−4.2%
18 Nov 2022−0.4%
25 Nov 2022+2.3%
2 Dec 2022+2.3%
9 Dec 2022+1.1%
16 Dec 2022+1.8%
23 Dec 2022−14.8%
30 Dec 2022−1.6%
6 Jan 2023−5.2%
13 Jan 2023−2.6%
20 Jan 2023−2.1%
27 Jan 2023−4.7%
3 Feb 2023−4.5%
10 Feb 2023−2.6%
17 Feb 2023−7.7%
24 Feb 2023−9.3%
3 Mar 2023−12.1%
10 Mar 2023−5.9%
17 Mar 2023−11.2%
24 Mar 2023−0.4%
31 Mar 2023−11.5%
6 Apr 2023−5.0%
13 Apr 2023−4.2%
21 Apr 2023−3.3%
28 Apr 2023−1.2%
5 May 2023+0.8%
12 May 2023−1.4%
19 May 2023+1.4%
26 May 2023+4.2%
2 Jun 2023+15.7%
9 Jun 2023+35.0%
16 Jun 2023+42.7%
23 Jun 2023+39.9%
30 Jun 2023+46.0%
7 Jul 2023+43.5%
14 Jul 2023+52.1%
21 Jul 2023+44.0%
28 Jul 2023+43.2%
4 Aug 2023+35.6%
11 Aug 2023+39.1%
18 Aug 2023+34.3%
25 Aug 2023+30.3%
1 Sep 2023+18.6%
8 Sep 2023+0.1%
15 Sep 2023+3.5%
22 Sep 2023+3.5%
29 Sep 2023+6.4%
6 Oct 2023−3.8%
13 Oct 2023−8.4%
20 Oct 2023−2.5%
27 Oct 2023−6.6%
3 Nov 2023−1.2%
12 Nov 2023−11.8%
17 Nov 2023−10.8%
24 Nov 2023−6.8%
1 Dec 2023−10.0%
8 Dec 2023−11.1%
15 Dec 2023−13.3%
22 Dec 2023−18.2%
29 Dec 2023−15.7%
5 Jan 2024−11.4%
12 Jan 2024+3.8%
20 Jan 2024+21.9%
25 Jan 2024+17.7%
2 Feb 2024+19.5%
9 Feb 2024+28.5%
16 Feb 2024+26.6%
23 Feb 2024+18.9%
2 Mar 2024+35.7%
7 Mar 2024+20.6%
15 Mar 2024+5.0%
22 Mar 2024+17.9%
28 Mar 2024+6.3%
5 Apr 2024+11.6%
12 Apr 2024−5.8%
19 Apr 2024−24.9%
26 Apr 2024−18.2%
3 May 2024−20.8%
10 May 2024−19.4%
18 May 2024−15.7%
24 May 2024−12.4%
31 May 2024−28.9%
7 Jun 2024−23.3%
14 Jun 2024−9.2%
21 Jun 2024−14.9%
28 Jun 2024−14.2%
5 Jul 2024−17.2%
12 Jul 2024−16.8%
19 Jul 2024−13.2%
26 Jul 2024−11.1%
2 Aug 2024+2.0%
9 Aug 2024−2.6%
16 Aug 2024−12.6%
23 Aug 2024−14.7%
30 Aug 2024+0.8%
6 Sep 2024+8.7%
13 Sep 2024+0.1%
20 Sep 2024−0.9%
27 Sep 2024+1.6%
4 Oct 2024+0.0%
11 Oct 2024−0.5%
18 Oct 2024+4.9%
25 Oct 2024−7.8%
1 Nov 2024−14.1%
8 Nov 2024−5.5%
14 Nov 2024−6.4%
22 Nov 2024−9.2%
29 Nov 2024−13.7%
6 Dec 2024−14.4%
13 Dec 2024−8.4%
20 Dec 2024−5.3%
27 Dec 2024−4.7%
3 Jan 2025−3.5%
10 Jan 2025−6.1%
17 Jan 2025−5.0%
24 Jan 2025+3.0%
1 Feb 2025−5.6%
7 Feb 2025−5.1%
14 Feb 2025−6.4%
21 Feb 2025−4.7%
28 Feb 2025−11.3%
7 Mar 2025−11.8%
13 Mar 2025−18.2%
21 Mar 2025−19.1%
28 Mar 2025−21.6%
4 Apr 2025−16.7%
11 Apr 2025−17.8%
17 Apr 2025−23.5%
25 Apr 2025−21.7%
2 May 2025−17.4%
9 May 2025−28.4%
16 May 2025−11.4%
23 May 2025+1.8%
30 May 2025+13.0%
6 Jun 2025+4.6%
13 Jun 2025+12.3%
20 Jun 2025+6.9%
27 Jun 2025+10.2%
4 Jul 2025+11.2%
11 Jul 2025+25.8%
18 Jul 2025+24.8%
25 Jul 2025+25.3%
1 Aug 2025+23.6%
8 Aug 2025+18.5%
14 Aug 2025+6.2%
22 Aug 2025+1.4%
29 Aug 2025−3.1%
5 Sep 2025−0.3%
12 Sep 2025+1.3%
19 Sep 2025+6.0%
26 Sep 2025+7.0%
3 Oct 2025+2.2%
10 Oct 2025−7.8%
17 Oct 2025−18.9%
24 Oct 2025−19.8%
31 Oct 2025−14.5%
7 Nov 2025−5.3%
14 Nov 2025−6.3%
21 Nov 2025−15.4%
28 Nov 2025−9.4%
5 Dec 2025−10.6%
12 Dec 2025−11.9%
19 Dec 2025−15.4%
26 Dec 2025−13.2%
2 Jan 2026−15.2%
9 Jan 2026−13.2%
16 Jan 2026+0.4%
23 Jan 2026−5.4%
1 Feb 2026−7.9%
6 Feb 2026−5.1%
13 Feb 2026+3.4%
20 Feb 2026+4.0%
27 Feb 2026+5.4%
6 Mar 2026+6.5%
13 Mar 2026+4.2%
20 Mar 2026+8.2%
27 Mar 2026+4.8%
2 Apr 2026+0.7%
10 Apr 2026+7.1%
17 Apr 2026+5.6%
24 Apr 2026+12.4%
30 Apr 2026+9.8%
8 May 2026+18.0%
15 May 2026+4.1%
22 May 2026+11.2%
29 May 2026+7.2%
4 Jun 2026+0.6%
5 Jun 2026+3.9%
10 Jun 2026+2.9%
12 Jun 2026+2.4%
17 Jun 2026+6.3%
19 Jun 2026+0.8%
24 Jun 2026−0.5%
25 Jun 2026−1.0%
1 Jul 2026+0.2%
3 Jul 2026−9.8%
10 Jul 2026−1.2%
17 Jul 2026−4.4%
24 Jul 2026−3.1%
31 Jul 2026+3.3%
7 Aug 2026−1.4%
14 Aug 2026+1.7%
21 Aug 2026−1.5%
28 Aug 2026−0.2%
4 Sep 2026−0.2%
11 Sep 2026+0.8%
18 Sep 2026−0.7%
25 Sep 2026+2.3%
1 Oct 2026+1.3%
9 Oct 2026−3.2%
16 Oct 2026−4.4%
23 Oct 2026−4.5%
30 Oct 2026−5.0%
4 Nov 2026+0.3%
Each bar is one week, from 2016 to now (550 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved −28% while the NIFTY 500 moved +249%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Munjal Showa pay?

Munjal Showa paid ₹4.50 a share in regular dividends in the 12 months to 6 November 2026 (1 payment), a yield of 3.62% at the ₹124.31 close on 4 November 2026. The last was a dividend of ₹4.50 a share, ex-date 5 August 2026.

Munjal Showa dividends since 1 April 2021

Munjal Showa dividends since 1 April 2021
Ex-dateDividend per shareType
5 Aug 2026Dividend₹4.50Dividend
1 Aug 2025Dividend₹4.50Dividend
2 Aug 2024Dividend₹4.50Dividend
4 Aug 2023Dividend₹4.50Dividend
28 Jul 2022Dividend₹4.50Dividend
12 Aug 2021Dividend₹4.50Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Munjal Showa Ltd paid out 82% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 6 November 2026.

What are Munjal Showa's latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Munjal Showa reported revenue of ₹348 crore, up 21.7% from ₹286 crore a year earlier, and a profit of ₹11.0 crore, up 37.5% from ₹8.00 crore.

Munjal Showa results: April to June 2026 against a year earlier

Munjal Showa results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹348 crore₹286 crore+21.7%
Profit₹11.0 crore₹8.00 crore+37.5%
Earnings per share₹2.81₹2.07+35.7%
Operating margin0.7%0.6%+0.1 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Munjal Showa share price history?

Munjal Showa closed at ₹124.31 on 4 November 2026, down 5.1% from ₹130.96 a year earlier (7 November 2025) and down 5.2% over five years. Its highest weekly close since March 2016 was ₹297.55 on 12 January 2018.

Munjal Showa share price: then and now

Munjal Showa share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹121.33+2.5%
1 month ago · 1 Oct 2026₹124.53−0.2%
6 months ago · 8 May 2026₹139.80−11.1%
1 year ago · 7 Nov 2025₹130.96−5.1%
3 years ago · 3 Nov 2023₹141.25−12.0%
5 years ago · 4 Nov 2021₹131.15−5.2%
10 years ago · 4 Nov 2016₹218.10−43.0%
Earliest weekly close in our records · 4 Mar 2016₹173.75−28.5%
Highest weekly close since March 2016 · 12 Jan 2018₹297.55−58.2%
Lowest weekly close since March 2016 · 27 Mar 2020₹59.70+108.2%
52-week high (weekly close) · 8 May 2026₹139.80−11.1%
52-week low (weekly close) · 23 Jan 2026₹114.86+8.2%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 4 March 2016 to 4 November 2026.

What is the latest news on Munjal Showa?

4 Nov 2026: Munjal Showa closed at ₹124.31, up 2.5% on the week and down 0.2% on the month. 5 Aug 2026: ex-date for a dividend of ₹4.50 a share.

Earlier

  • Results for April to June 2026: Revenue up 21.7% and profit up 37.5% on a year earlier.

Which stock lists is Munjal Showa on?

Munjal Showa is not on any of our India lists this week.

Is Munjal Showa profitable?

Munjal Showa Ltd earned ₹11.0 Cr of net profit in the Jun 2026 quarter, +37.5% on the same quarter a year earlier. Full-year FY26 profit was ₹22.0 Cr. Over 10 years profit has grown −9.7% a year on average. That is 3.2% of the quarter's revenue. The same quarter a year earlier earned ₹8.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹22.0 Cr (−24.1% on the year before).

FY26 profit ₹22.0 Cr (−24.1% on the year before), −9.7% a year over 10 years

  • Net profit ₹22.0
FY26 profit ₹22.0 Cr (−24.1% on the year before), −9.7% a year over 10 years
QuarterNet profit
FY16₹61
FY17₹61
FY18₹78
FY19₹63
FY20₹43
FY21₹26
FY22₹12
FY23₹32
FY24₹31
FY25₹29
FY26₹22

Growth on a year earlier

  • Growth on a year earlier −24.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16−19.7%
FY170%
FY1827.9%
FY19−19.2%
FY20−31.7%
FY21−39.5%
FY22−53.8%
FY23166.7%
FY24−3.1%
FY25−6.5%
FY26−24.1%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹11.0 Cr (+37.5% on a year earlier)

  • Net profit (quarterly) ₹11.0
Jun 2026: ₹11.0 Cr (+37.5% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023₹2
Dec 2023₹9
Mar 2024₹8
Jun 2024₹12
Sep 2024₹2
Dec 2024₹6
Mar 2025₹9
Jun 2025₹8
Sep 2025₹3
Dec 2025₹11
Mar 2026₹0
Jun 2026₹11

Growth on a year earlier

  • Growth on a year earlier 37.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−71.4%
Dec 2023200%
Mar 2024−62.3%
Jun 2024−7.7%
Sep 20240%
Dec 2024−33.3%
Mar 202512.5%
Jun 2025−33.3%
Sep 202550%
Dec 202583.3%
Mar 2026−100%
Jun 202637.5%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +21.7% on a year earlier and the margin moved +0.1 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +17.7% and revenue +12.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Munjal Showa make, and is it growing?

Munjal Showa Ltd reported ₹348 Cr of revenue in the Jun 2026 quarter, +21.7% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown −1.3% a year on average. The last full year, FY26, came in at ₹1,315 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,378 Cr.

FY26 revenue was ₹1,315 Cr, +5.2% on the year before.

FY26 revenue ₹1,315 Cr (+5.2% on the year before), −1.3% a year over 10 years

  • Revenue ₹1,315
FY26 revenue ₹1,315 Cr (+5.2% on the year before), −1.3% a year over 10 years
QuarterRevenue
FY16₹1,502
FY17₹1,460
FY18₹1,581
FY19₹1,669
FY20₹1,288
FY21₹1,085
FY22₹1,060
FY23₹1,241
FY24₹1,173
FY25₹1,250
FY26₹1,315

Growth on a year earlier

  • Growth on a year earlier 5.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16−8.6%
FY17−2.8%
FY188.3%
FY195.6%
FY20−22.8%
FY21−15.8%
FY22−2.3%
FY2317.1%
FY24−5.5%
FY256.6%
FY265.2%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹348 Cr (+21.7% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹348
Jun 2026: ₹348 Cr (+21.7% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹287
Dec 2023₹303
Mar 2024₹294
Jun 2024₹311
Sep 2024₹318
Dec 2024₹319
Mar 2025₹303
Jun 2025₹286
Sep 2025₹333
Dec 2025₹350
Mar 2026₹347
Jun 2026₹348

Growth on a year earlier

  • Growth on a year earlier 21.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−9.2%
Dec 2023−1.6%
Mar 2024−1.6%
Jun 20248%
Sep 202410.8%
Dec 20245.3%
Mar 20253.1%
Jun 2025−8%
Sep 20254.7%
Dec 20259.7%
Mar 202614.5%
Jun 202621.7%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +12.6% on average, against −1.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.4%, against +7.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +0.0%, against −10.2% a year (accelerating).

How much of every ₹100 of sales does Munjal Showa keep?

Munjal Showa Ltd's operating margin was 0.7% in the Jun 2026 quarter, 0.1 percentage points higher than the same quarter a year ago. Across 13 years it has been between 0.8% and 8.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.2 percentage points on the year while gross margin changed −0.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 1.8%, within a range of 0.8% to 8.0% over 13 years

  • Operating margin 1.8%
FY26: 1.8%, within a range of 0.8% to 8.0% over 13 years
QuarterOperating margin
FY147%
FY158%
FY168%
FY177%
FY187%
FY195%
FY204.3%
FY212.2%
FY220.8%
FY232.5%
FY241.3%
FY251.4%
FY261.8%

Change on the year before (points)

  • Change on the year before (points) +0.4 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15+1.0 pts
FY160.0 pts
FY17−1.0 pts
FY180.0 pts
FY19−2.0 pts
FY20−0.7 pts
FY21−2.1 pts
FY22−1.4 pts
FY23+1.7 pts
FY24−1.2 pts
FY25+0.1 pts
FY26+0.4 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 0.7% (+0.1 points on a year earlier)

  • Operating margin 0.7%
Jun 2026: operating margin 0.7% (+0.1 points on a year earlier)
QuarterOperating margin
Sep 2023−0.6%
Dec 20231.1%
Mar 20242.3%
Jun 20242.3%
Sep 2024−1.6%
Dec 20242.4%
Mar 20252.4%
Jun 20250.6%
Sep 20250.9%
Dec 20253.5%
Mar 20260%
Jun 20260.7%

Change on a year earlier (points)

  • Change on a year earlier (points) +0.1 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023−1.9 pts
Mar 2024−3.0 pts
Jun 2024−0.2 pts
Sep 2024−1.0 pts
Dec 2024+1.3 pts
Mar 2025+0.1 pts
Jun 2025−1.7 pts
Sep 2025+2.5 pts
Dec 2025+1.1 pts
Mar 2026−2.4 pts
Jun 2026+0.1 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Munjal Showa's profit turning into cash?

Over the last 3 years, 33% of Munjal Showa Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹21.0 Cr of cash, against ₹22.0 Cr of profit. After ₹5.0 Cr of spending on assets, free cash was −₹26.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash −₹21.0 Cr against profit ₹22.0 Cr; 33% of 3 years' profit came in as cash

  • Operating cash −₹21.0
  • Net profit ₹22.0
  • Free cash −₹26
FY26: operating cash −₹21.0 Cr against profit ₹22.0 Cr; 33% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹65₹61₹49
FY17₹83₹61₹73
FY18₹96₹78₹91
FY19₹41₹63₹27
FY20₹66₹43₹45
FY21−₹18₹26−₹22
FY22₹30₹12₹22
FY23₹6₹32−₹6
FY24₹11₹31₹7
FY25₹37₹29₹29
FY26−₹21₹22−₹26
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was −95% of profit (33% over three years)

  • Operating cash as % of profit −95%
  • Break-even line 100%
FY26: operating cash was −95% of profit (33% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16107%100%
FY17136%100%
FY18123%100%
FY1965%100%
FY20153%100%
FY21−69%100%
FY22250%100%
FY2319%100%
FY2435%100%
FY25128%100%
FY26−95%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 33% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Munjal Showa's cash go?

Munjal Showa Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 39 days in FY26, down from 49 days in FY21. It spent ₹17.0 Cr on assets over the last 3 years. Customers take 65 days to pay, and stock sits for 30 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,315 Cr, each day of that cycle ties up about ₹3.6 Cr, so roughly ₹141 Cr is tied up in the business at any time.

FY26: customers took 65 days to pay and stock sat for 30 days, about 1.0 months of sales sitting as stock, for a full cycle of 39 days, shorter than FY21's 49.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 30 days. Customers pay about 65 days after that. Suppliers are paid at 56 days. Together that makes the 39-day cycle.

FY26: a 39-day cash cycle, −10 days compared with FY21

  • Cash cycle 39d
  • Inventory days 30d
  • Debtor days 65d
  • Payable days 56d
FY26: a 39-day cash cycle, −10 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY145d15d40d51d
FY1518d20d45d47d
FY1625d21d48d44d
FY1724d21d49d46d
FY1818d20d57d58d
FY1925d23d44d42d
FY2029d28d40d39d
FY2149d39d66d57d
FY2240d32d59d51d
FY2336d28d57d49d
FY2440d29d57d46d
FY2533d29d49d45d
FY2639d30d65d56d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹17.0 Cr over the last 3 years, against ₹35.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹5.0 Cr, work in progress ₹0.0 Cr, steady spending

  • Capex ₹5.0
  • Work-in-progress ₹0.0
FY26: capex ₹5.0 Cr, work in progress ₹0.0 Cr, steady spending
QuarterCapexWork-in-progress
FY16₹16₹3
FY17₹10₹3
FY18₹5₹1
FY19₹14₹3
FY20₹21₹2
FY21₹4₹1
FY22₹8₹6
FY23₹12₹2
FY24₹4₹0
FY25₹8₹1
FY26₹5₹0
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Munjal Showa's P/E ratio, and how does it compare with its own history?

Munjal Showa Ltd's P/E is 18.7×, in the middle of its own history: higher than 63% of past readings. Its usual P/E (the middle reading) is 17.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹6.21.

P/E 18.7× against a usual 17.0×: in the middle of its own history: higher than 63% of past readings

  • P/E 18.8×
  • Median 17.0×
P/E 18.7× against a usual 17.0×: in the middle of its own history: higher than 63% of past readings
WeekP/EMedian
4 Mar 201610.2×17.0×
23 Mar 201610.1×17.0×
13 Apr 201611.8×17.0×
6 May 201611.9×17.0×
27 May 201611.6×17.0×
17 Jun 201611.6×17.0×
8 Jul 201612.2×17.0×
29 Jul 201612.7×17.0×
19 Aug 201612.4×17.0×
9 Sep 201614.2×17.0×
30 Sep 201613.0×17.0×
21 Oct 201615.0×17.0×
11 Nov 201614.1×17.0×
2 Dec 201612.3×17.0×
23 Dec 201612.1×17.0×
13 Jan 201712.6×17.0×
3 Feb 201712.3×17.0×
23 Feb 201712.7×17.0×
17 Mar 201713.2×17.0×
7 Apr 201714.8×17.0×
28 Apr 201713.2×17.0×
19 May 201712.9×17.0×
9 Jun 201713.0×17.0×
30 Jun 201712.2×17.0×
21 Jul 201714.2×17.0×
11 Aug 201713.2×17.0×
1 Sep 201715.0×17.0×
22 Sep 201716.3×17.0×
13 Oct 201717.2×17.0×
3 Nov 201718.1×17.0×
24 Nov 201716.9×17.0×
15 Dec 201716.6×17.0×
5 Jan 201818.1×17.0×
25 Jan 201817.3×17.0×
16 Feb 201815.0×17.0×
9 Mar 201814.1×17.0×
28 Mar 201813.4×17.0×
20 Apr 201815.0×17.0×
11 May 201814.4×17.0×
1 Jun 201812.1×17.0×
22 Jun 201812.4×17.0×
13 Jul 201811.9×17.0×
3 Aug 201811.2×17.0×
24 Aug 201811.2×17.0×
14 Sep 201811.3×17.0×
5 Oct 20189.50×17.0×
26 Oct 20189.00×17.0×
16 Nov 20189.50×17.0×
7 Dec 20189.00×17.0×
28 Dec 20189.90×17.0×
18 Jan 20199.40×17.0×
8 Feb 20198.50×17.0×
1 Mar 20198.90×17.0×
22 Mar 20198.50×17.0×
12 Apr 20198.50×17.0×
3 May 20197.90×17.0×
24 May 20198.20×17.0×
14 Jun 20199.70×17.0×
5 Jul 20199.40×17.0×
26 Jul 20198.00×17.0×
16 Aug 20198.60×17.0×
6 Sep 20197.90×17.0×
27 Sep 20198.80×17.0×
18 Oct 20198.70×17.0×
8 Nov 20199.90×17.0×
29 Nov 20199.90×17.0×
20 Dec 20199.20×17.0×
10 Jan 202010.2×17.0×
1 Feb 202010.7×17.0×
20 Feb 202010.1×17.0×
13 Mar 20206.40×17.0×
3 Apr 20205.20×17.0×
24 Apr 20206.20×17.0×
15 May 20206.40×17.0×
5 Jun 20207.90×17.0×
26 Jun 20208.90×17.0×
17 Jul 20209.60×17.0×
7 Aug 202024.2×17.0×
28 Aug 202030.2×17.0×
18 Sep 202027.8×17.0×
9 Oct 202026.8×17.0×
30 Oct 202027.1×17.0×
20 Nov 202029.7×17.0×
11 Dec 202031.4×17.0×
1 Jan 202131.0×17.0×
22 Jan 202131.2×17.0×
12 Feb 202120.9×17.0×
5 Mar 202120.3×17.0×
26 Mar 202118.3×17.0×
16 Apr 202117.5×17.0×
7 May 202117.8×17.0×
28 May 202119.4×17.0×
18 Jun 202121.1×17.0×
9 Jul 202122.2×17.0×
30 Jul 202128.8×17.0×
20 Aug 202116.7×17.0×
9 Sep 202117.0×17.0×
1 Oct 202117.7×17.0×
22 Oct 202117.0×17.0×
12 Nov 202119.1×17.0×
3 Dec 202117.9×17.0×
24 Dec 202117.4×17.0×
14 Jan 202219.3×17.0×
4 Feb 202217.9×17.0×
25 Feb 202238.1×17.0×
17 Mar 202238.1×17.0×
8 Apr 202238.1×17.0×
29 Apr 202238.1×17.0×
20 May 202236.1×17.0×
10 Jun 202234.4×17.0×
1 Jul 202233.0×17.0×
22 Jul 202238.1×17.0×
12 Aug 202221.3×17.0×
2 Sep 202221.5×17.0×
23 Sep 202221.2×17.0×
14 Oct 202220.4×17.0×
4 Nov 202220.8×17.0×
25 Nov 202221.7×17.0×
16 Dec 202221.0×17.0×
6 Jan 202319.5×17.0×
27 Jan 202318.5×17.0×
17 Feb 202315.9×17.0×
10 Mar 202315.8×17.0×
31 Mar 202314.7×17.0×
21 Apr 202316.2×17.0×
12 May 202316.5×17.0×
2 Jun 202315.4×17.0×
23 Jun 202318.3×17.0×
14 Jul 202320.8×17.0×
4 Aug 202325.4×17.0×
25 Aug 202315.3×17.0×
15 Sep 202316.4×17.0×
6 Oct 202315.6×17.0×
27 Oct 202314.8×17.0×
17 Nov 202316.4×17.0×
8 Dec 202317.6×17.0×
29 Dec 202318.0×17.0×
20 Jan 202424.3×17.0×
9 Feb 202420.2×17.0×
2 Mar 202421.2×17.0×
22 Mar 202418.0×17.0×
12 Apr 202417.7×17.0×
3 May 202417.1×17.0×
24 May 202418.4×17.0×
14 Jun 202420.4×17.0×
5 Jul 202420.0×17.0×
26 Jul 202420.7×17.0×
16 Aug 202420.9×17.0×
6 Sep 202423.4×17.0×
27 Sep 202421.9×17.0×
18 Oct 202421.0×17.0×
8 Nov 202419.8×17.0×
29 Nov 202419.1×17.0×
20 Dec 202419.8×17.0×
10 Jan 202518.0×17.0×
1 Feb 202518.0×17.0×
21 Feb 202517.5×17.0×
13 Mar 202516.0×17.0×
4 Apr 202516.0×17.0×
25 Apr 202516.6×17.0×
16 May 202517.7×17.0×
6 Jun 202519.2×17.0×
27 Jun 202518.3×17.0×
18 Jul 202520.9×17.0×
14 Aug 202521.0×17.0×
5 Sep 202521.6×17.0×
26 Sep 202521.8×17.0×
17 Oct 202519.8×17.0×
7 Nov 202520.8×17.0×
28 Nov 202519.8×17.0×
19 Dec 202518.9×17.0×
9 Jan 202618.6×17.0×
1 Feb 202618.3×17.0×
20 Feb 202615.7×17.0×
13 Mar 202614.9×17.0×
2 Apr 202614.3×17.0×
24 Apr 202615.8×17.0×
8 May 202617.2×17.0×
29 May 202623.6×17.0×
10 Jun 202622.1×17.0×
19 Jun 202621.9×17.0×
1 Jul 202622.1×17.0×
17 Jul 202623.1×17.0×
7 Aug 202620.3×17.0×
28 Aug 202619.8×17.0×
18 Sep 202619.0×17.0×
1 Oct 202618.8×17.0×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹7
Earnings per share, 12 months
WeekEarnings per share, 12 months
4 Mar 2016–
23 Mar 2016₹17
13 Apr 2016₹17
6 May 2016₹17
27 May 2016₹17
17 Jun 2016₹15
8 Jul 2016₹15
29 Jul 2016₹15
19 Aug 2016₹15
9 Sep 2016₹15
30 Sep 2016₹16
21 Oct 2016₹16
11 Nov 2016₹16
2 Dec 2016₹16
23 Dec 2016₹16
13 Jan 2017₹16
3 Feb 2017₹16
23 Feb 2017₹16
17 Mar 2017₹16
7 Apr 2017₹15
28 Apr 2017₹15
19 May 2017₹15
9 Jun 2017₹15
30 Jun 2017₹16
21 Jul 2017₹16
11 Aug 2017₹16
1 Sep 2017₹16
22 Sep 2017₹16
13 Oct 2017₹16
3 Nov 2017₹16
24 Nov 2017₹16
15 Dec 2017₹16
5 Jan 2018₹16
25 Jan 2018₹16
16 Feb 2018₹16
9 Mar 2018₹16
28 Mar 2018₹15
20 Apr 2018₹15
11 May 2018₹15
1 Jun 2018₹15
22 Jun 2018₹19
13 Jul 2018₹19
3 Aug 2018₹19
24 Aug 2018₹19
14 Sep 2018₹19
5 Oct 2018₹19
26 Oct 2018₹19
16 Nov 2018₹19
7 Dec 2018₹19
28 Dec 2018₹19
18 Jan 2019₹19
8 Feb 2019₹19
1 Mar 2019₹19
22 Mar 2019₹19
12 Apr 2019₹19
3 May 2019₹19
24 May 2019₹19
14 Jun 2019₹19
5 Jul 2019₹16
26 Jul 2019₹16
16 Aug 2019₹16
6 Sep 2019₹16
27 Sep 2019₹15
18 Oct 2019₹15
8 Nov 2019₹15
29 Nov 2019₹15
20 Dec 2019₹13
10 Jan 2020₹13
1 Feb 2020₹13
20 Feb 2020₹13
13 Mar 2020₹13
3 Apr 2020₹12
24 Apr 2020₹12
15 May 2020₹12
5 Jun 2020₹12
26 Jun 2020₹12
17 Jul 2020₹12
7 Aug 2020₹12
28 Aug 2020₹12
18 Sep 2020₹5
9 Oct 2020₹5
30 Oct 2020₹5
20 Nov 2020₹5
11 Dec 2020₹5
1 Jan 2021₹5
22 Jan 2021₹5
12 Feb 2021₹5
5 Mar 2021₹5
26 Mar 2021₹8
16 Apr 2021₹8
7 May 2021₹8
28 May 2021₹8
18 Jun 2021₹7
9 Jul 2021₹7
30 Jul 2021₹7
20 Aug 2021₹7
9 Sep 2021₹7
1 Oct 2021₹8
22 Oct 2021₹8
12 Nov 2021₹8
3 Dec 2021₹8
24 Dec 2021₹7
14 Jan 2022₹7
4 Feb 2022₹7
25 Feb 2022₹7
17 Mar 2022₹3
8 Apr 2022₹3
29 Apr 2022₹3
20 May 2022₹3
10 Jun 2022₹3
1 Jul 2022₹3
22 Jul 2022₹3
12 Aug 2022₹3
2 Sep 2022₹3
23 Sep 2022₹5
14 Oct 2022₹5
4 Nov 2022₹5
25 Nov 2022₹5
16 Dec 2022₹5
6 Jan 2023₹5
27 Jan 2023₹5
17 Feb 2023₹5
10 Mar 2023₹5
31 Mar 2023₹6
21 Apr 2023₹6
12 May 2023₹6
2 Jun 2023₹6
23 Jun 2023₹7
14 Jul 2023₹7
4 Aug 2023₹7
25 Aug 2023₹7
15 Sep 2023₹7
6 Oct 2023₹9
27 Oct 2023₹9
17 Nov 2023₹9
8 Dec 2023₹9
29 Dec 2023₹8
20 Jan 2024₹8
9 Feb 2024₹8
2 Mar 2024₹8
22 Mar 2024₹9
12 Apr 2024₹9
3 May 2024₹9
24 May 2024₹9
14 Jun 2024₹9
5 Jul 2024₹8
26 Jul 2024₹8
16 Aug 2024₹8
6 Sep 2024₹8
27 Sep 2024₹8
18 Oct 2024₹8
8 Nov 2024₹8
29 Nov 2024₹8
20 Dec 2024₹8
10 Jan 2025₹8
1 Feb 2025₹8
21 Feb 2025₹8
13 Mar 2025₹8
4 Apr 2025₹7
25 Apr 2025₹7
16 May 2025₹7
6 Jun 2025₹7
27 Jun 2025₹7
18 Jul 2025₹7
14 Aug 2025₹7
5 Sep 2025₹7
26 Sep 2025₹6
17 Oct 2025₹6
7 Nov 2025₹6
28 Nov 2025₹6
19 Dec 2025₹7
9 Jan 2026₹7
1 Feb 2026₹7
20 Feb 2026₹7
13 Mar 2026₹7
2 Apr 2026₹8
24 Apr 2026₹8
8 May 2026₹8
29 May 2026₹8
10 Jun 2026₹8
19 Jun 2026₹6
1 Jul 2026₹6
17 Jul 2026₹6
7 Aug 2026₹6
28 Aug 2026₹6
18 Sep 2026₹6
1 Oct 2026₹7
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 38× are drawn at the top edge.
18.7×P/E · higher than 63% of its last 11 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −24.2% while the price moved −5.1%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved −1.1% a year; about −3.5% a year came from earnings growth and about +2.4 percentage points from the multiple (the market paying more); over 10 years the price moved −5.5% a year; about −8.2% a year came from earnings growth and about +2.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Munjal Showa business getting better or worse?

Munjal Showa Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 4.8%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +5.2% in FY26, profit −24.1%

  • Revenue growth 5.2%
Growth year by year: revenue +5.2% in FY26, profit −24.1%
QuarterRevenue growth
FY16−8.6%
FY17−2.8%
FY188.3%
FY195.6%
FY20−22.8%
FY21−15.8%
FY22−2.3%
FY2317.1%
FY24−5.5%
FY256.6%
FY265.2%

Profit growth, EPS growth

  • Profit growth −24.1%
  • EPS growth −24.2%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16−19.7%−19.1%
FY170%−0.7%
FY1827.9%27.7%
FY19−19.2%−19.2%
FY20−31.7%−32%
FY21−39.5%−38.5%
FY22−53.8%−53.5%
FY23166.7%162.5%
FY24−3.1%−3.6%
FY25−6.5%−6.1%
FY26−24.1%−24.2%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 12.4%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Sep 2023−1.2%
Dec 2023−4.9%
Mar 2024−5.5%
Jun 2024−1.3%
Sep 20243.7%
Dec 20245.5%
Mar 20256.7%
Jun 20252.6%
Sep 20251.2%
Dec 20252.4%
Mar 20265.2%
Jun 202612.4%

Profit, EPS

  • Profit 0%
  • EPS −1.6%
Profit, EPS
QuarterProfitEPS
Sep 2023161.3%148.6%
Dec 2023165.9%148.6%
Mar 20242.6%−3.5%
Jun 2024−29.9%−32.5%
Sep 2024−20.9%−21.3%
Dec 2024−38.1%−37%
Mar 2025−9.4%−6.2%
Jun 2025−19.4%−15.8%
Sep 2025−16.1%−14.8%
Dec 202510.7%10.9%
Mar 2026−24.1%−24.2%
Jun 20260%−1.6%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 4.8%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 20245.4%
Jun 20245.1%
Sep 20245.1%
Dec 20244.8%
Mar 20255.1%
Jun 20254.7%
Sep 20255.2%
Dec 20256.2%
Mar 20264.4%
Jun 20264.8%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +12.4%, range −5.5% to +12.4%
FlatProfit growth · latest +0.0%, range −38.1% to +165.9%
FlatEPS growth · latest −1.6%, range −37.0% to +148.6%
Stuck lowROCE · latest 4.8%, range 4.4% to 6.2%

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+5.2%+1.9%+3.9%−1.3%
Profit−24.1%−11.7%−3.3%−9.7%
EPS−24.2%−11.8%−3.5%−9.8%
Share price−5.1%−4.2%−1.1%−5.5%
+21.7%Revenue growth (Jun 2026) · latest quarter against a year ago
+37.5%Profit growth (Jun 2026) · latest quarter against a year ago
−1.3%Revenue, 10 years · yearly growth over the long run

How much does Munjal Showa earn on its capital?

Munjal Showa Ltd earned a ROCE of 5% in FY26. That is up from a low of 0% in FY25. Its return on capital used (ROIC) is 9.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 1.7% net margin and 1.52× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 1.7% net margin × 1.52× asset turnover × 1.28× leverage (assets divided by equity) ≈ 3.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 2.7% − 12.0% = −9.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROCE 5%, the climb back from FY25's 0%

  • ROCE 5%
  • ROIC (annual) 2.6%
  • Cost of capital 12%
FY26: ROCE 5%, the climb back from FY25's 0%
QuarterROCEROIC (annual)Cost of capital
FY1424%–12%
FY1527%–12%
FY1620%–12%
FY1717%–12%
FY1818%–12%
FY1912%–12%
FY206%–12%
FY214%–12%
FY221%−1%12%
FY235%3.7%12%
FY245%0.7%12%
FY250%1.1%12%
FY265%2.6%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 1.7% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 1.7%
  • ROIC (12 months) 1.8%
  • Cost of capital 12.0%
Q4 FY26: ROCE 1.7% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY242.6%4.2%12%
Q3 FY24–2.9%12%
Q4 FY240.5%2.2%12%
Q1 FY25–0.5%12%
Q2 FY250%0.6%12%
Q3 FY25–−0.2%12%
Q4 FY250.7%0.6%12%
Q1 FY26–0.6%12%
Q2 FY261.2%−0.7%12%
Q3 FY26–1.5%12%
Q4 FY261.7%2.6%12%
Q1 FY27–1.8%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Munjal Showa have too much debt?

Munjal Showa Ltd had ₹0.0 Cr of borrowings against ₹678 Cr of equity in FY26, so its debt is 0.00× its equity. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Over the last 3 of those years it spent ₹17.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

The spending on assets is being paid for from cash, not new debt.

What is the Munjal Showa shareholding pattern?

Foreign institutions cut their stake in Munjal Showa Ltd by 1.4 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 0.1% of the company. Promoters moved +0.0 points over the same period, to 65.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Why the owners changed: foreign institutions drove it (−1.4 points). They reduced their stake.

Year ends: foreign institutions −1.2 points from Mar 2024 to Mar 2026

  • Promoters 65.02%
  • Foreign inst. 0.09%
  • Domestic inst. 0.01%
  • Public 34.88%
Year ends: foreign institutions −1.2 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202465.02%1.27%0.01%33.7%
Mar 202565.02%2.2%0.01%32.77%
Mar 202665.02%0.09%0.01%34.88%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Foreign institutions cut their stake by 1.4 points over 8 quarters

  • Promoters 65.02%
  • Foreign inst. 0.11%
  • Domestic inst. 0.01%
  • Public 34.87%
Foreign institutions cut their stake by 1.4 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Jun 202365.02%1.53%0.01%33.45%
Sep 202365.02%1.25%0.01%33.72%
Dec 202365.02%1.27%0.04%33.68%
Mar 202465.02%1.27%0.01%33.7%
Jun 202465.02%1.55%0.01%33.42%
Sep 202465.02%1.83%0.01%33.15%
Dec 202465.02%1.8%0.01%33.17%
Mar 202565.02%2.2%0.01%32.77%
Jun 202565.02%1.51%0.01%33.47%
Sep 202565.02%1.38%0.01%33.59%
Dec 202565.02%0.17%0.01%34.8%
Mar 202665.02%0.09%0.01%34.88%
Jun 202665.02%0.11%0.01%34.87%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Munjal Showa from balance-sheet trouble?

For Munjal Showa Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Munjal Showa rank in its industry?

30.1 out of 100, rank 8 of 8 in Auto - 2 & 3 Wheelers, with 76% of the evidence available.

Munjal Showa Ltd scores 30.1 out of 100 against the 8 companies it is compared with in Auto - 2 & 3 Wheelers, ranking 8. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.

The three scored parts add up to the total exactly: 13.7 + 7.1 + 9.3 = 30.1 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Munjal Showa compared with?

Munjal Showa ranks 8 of 8 Auto - 2 & 3 Wheelers companies on the 4-Factor Sector Score, with 30.1 out of 100.

  1. 1TVS Motor Company LtdTVSMOTOR · losing its lead · Evidence leans up · 82% evidence62.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.4/35 · Revenue 34.3% · Profit 43.3% · Operating margin change -1 points · 95% evidenceCapital efficiency 15.8/25 · ROCE 17.4% · Operating margin 14% · 76% evidenceValuation 8.4/20 · P/E 51.7× · PEG — · 50% evidenceRelative strength 15.8/20 · Lead over its industry 4.9% · Lead over NIFTY 500 17.2% · 1 year 19.6% · 100% evidence · 11 of 12 weeks aheadExact sum: 22.4 + 15.8 + 8.4 + 15.8 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Ather Energy LtdATHERENERG · leader · Evidence leans up · 71% evidence61.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.8/35 · Revenue 68.5% · Profit 69.4% · Operating margin change 15.5 points · 74% evidenceCapital efficiency 3.5/25 · ROCE -19.8% · Operating margin 0.8% · 100% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 20.0/20 · Lead over its industry 65.7% · Lead over NIFTY 500 81.8% · 1 year 153.8% · 100% evidence · 12 of 12 weeks aheadExact sum: 27.8 + 3.5 + 10 + 20 = 61.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Hero MotoCorp LtdHEROMOTOCO · losing its lead · Evidence leans up · 85% evidence60.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.4/35 · Revenue 27% · Profit 13.7% · Operating margin change -1 points · 100% evidenceCapital efficiency 20.8/25 · ROCE 35.2% · Operating margin 13% · 100% evidenceValuation 13.2/20 · P/E 17× · PEG 1.96 · 100% evidenceRelative strength 9.6/20 · Lead over its industry — · Lead over NIFTY 500 1% · 1 year -6.8% · 25% evidence · 10 of 12 weeks aheadExact sum: 16.4 + 20.8 + 13.2 + 9.6 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Bajaj Auto LtdBAJAJ-AUTO · losing its lead · Evidence leans up · 87% evidence59.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.2/35 · Revenue 47.9% · Profit 53.8% · Operating margin change 1 points · 95% evidenceCapital efficiency 20.6/25 · ROCE 28.2% · Operating margin 19% · 95% evidenceValuation 7.6/20 · P/E 21.7× · PEG — · 50% evidenceRelative strength 8.4/20 · Lead over its industry -3.2% · Lead over NIFTY 500 8% · 1 year 16.4% · 100% evidence · 8 of 12 weeks aheadExact sum: 23.2 + 20.6 + 7.6 + 8.4 = 59.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Eicher Motors LtdEICHERMOT · quiet · Evidence leans up · 78% evidence56.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.8/35 · Revenue 28.1% · Profit 19.4% · Operating margin change 0 points · 83% evidenceCapital efficiency 20.4/25 · ROCE 30.5% · Operating margin 24% · 76% evidenceValuation 10.6/20 · P/E 34.1× · PEG — · 50% evidenceRelative strength 6.7/20 · Lead over its industry -7.8% · Lead over NIFTY 500 3.3% · 1 year 3% · 100% evidence · 4 of 12 weeks aheadExact sum: 18.8 + 20.4 + 10.6 + 6.7 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Atul Auto LtdATULAUTO · quiet · Evidence leans down · 75% evidence42.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue 26.2% · Profit 100% · Operating margin change -4 points · 95% evidenceCapital efficiency 10.4/25 · ROCE 11.3% · Operating margin 5.2% · 76% evidenceValuation 9.7/20 · P/E 24.6× · PEG — · 15% evidenceRelative strength 0.0/20 · Lead over its industry -17% · Lead over NIFTY 500 -7.1% · 1 year -16.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.2 + 10.4 + 9.7 + 0 = 42.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Ola Electric Mobility LtdOLAELEC · basing · Too little evidence to rank firmly · 53% evidence31.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.3/35 · Revenue -49.2% · Profit 26.1% · Operating margin change -7 points · 65% evidenceCapital efficiency 0.0/25 · ROCE -19.9% · Operating margin -36% · 100% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 8.5/20 · Lead over its industry — · Lead over NIFTY 500 -2.5% · 1 year -33.8% · 25% evidence · 0 of 12 weeks aheadExact sum: 13.3 + 0 + 10 + 8.5 = 31.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  8. 8Munjal Showa Ltd this pageMUNJALSHOW · Most evidence points down · 76% evidence30.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.7/43.75 · Revenue 12.4% · Profit 0% · Operating margin change 0.1 points · 88% evidenceCapital efficiency 7.1/31.25 · ROCE 4.5% · Operating margin 0.7% · 100% evidenceValuation 9.3/25 · P/E 18.8× · PEG 2.12 · 100% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 13.7 + 7.1 + 9.3 = 30.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Auto - 2 & 3 Wheelers, all 8 compared on one page.

Which companies are close to Munjal Showa in size?

Munjal Showa is the 8th largest of 8 Auto - 2 & 3 Wheelers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: TVS Motor Company, Eicher Motors, Hero MotoCorp, Ather Energy, Ola Electric Mobility and Atul Auto. It is the smallest.

Auto - 2 & 3 Wheelers companies close in size

  1. TVS Motor Company Ltd ₹1,99,309 crore
  2. Eicher Motors Ltd ₹1,98,205 crore
  3. Hero MotoCorp Ltd ₹1,03,424 crore
  4. Ather Energy Ltd ₹71,366 crore
  5. Ola Electric Mobility Ltd ₹16,586 crore
  6. Atul Auto Ltd ₹1,128 crore
  7. Munjal Showa Ltd ₹498 crore

All 8 Auto - 2 & 3 Wheelers companies, largest first

Companies close in size in other industries

  1. Supreme Infrastructure India Ltd ₹499 crore · Engineering - Turnkey Services
  2. Jenburkt Pharmaceuticals Ltd ₹498 crore · Pharma - Others
  3. Munjal Showa Ltd ₹498 crore
  4. Azad India Mobility Ltd ₹497 crore
  5. S Chand & Company Ltd ₹497 crore · Printing/Publishing/Stationery

What else do people ask about Munjal Showa?

What is Munjal Showa's share price today?

Munjal Showa Ltd's share price is ₹124.31, −5.1% over the past year. The whole company is worth ₹495 Cr on the market.

In the last 52 weeks it traded between ₹115 to ₹140; today it is 38% of the way up from the low, 4.8% below its 200-day average (as of 4 November 2026).

What were Munjal Showa's latest quarterly results?

Munjal Showa Ltd reported revenue of ₹348 Cr and net profit of ₹11.0 Cr for the Jun 2026 quarter. Revenue rose 21.7% and profit rose 37.5% compared with a year earlier. Earnings per share were ₹2.81.

The operating margin was 0.7%, 0.1 percentage points higher than a year earlier (as of 4 November 2026).

What is Munjal Showa's market cap?

Munjal Showa Ltd's market capitalisation is ₹495 Cr at a share price of ₹124.31. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Munjal Showa performing?

Munjal Showa Ltd's share price has been stalling near its high for 3 weeks. In its latest quarter, revenue rose 21.7% and profit rose 37.5% compared with a year earlier.

Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 4 November 2026).

Will Munjal Showa's share price go up?

This page does not forecast Munjal Showa Ltd's share price. What it shows instead: the share price is ₹124.31, and it has been stalling near its high for 3 weeks. Its P/E of 18.7× is higher than 63% of its own last 11 years (as of 4 November 2026).

Who owns Munjal Showa?

Promoters own 65.0% of Munjal Showa Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 34.9% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.4 percentage points over 8 quarters (as of 4 November 2026).

Does Munjal Showa have too much debt?

No, Munjal Showa Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 55 times its interest bill. FY26 borrowings were ₹0.0 Cr against equity of ₹678 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Munjal Showa in its business cycle?

Munjal Showa Ltd's FY26 operating margin was 1.8%, against a 13-year range of 0.8% to 8.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 0.7%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Munjal Showa story?

The main question: profits are rising, but only 33% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Munjal Showa a stock worth studying right now?

What the numbers show: Munjal Showa Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.