Munjal Showa Ltd
MUNJALSHOWMunjal Showa Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
Biggest watch item: the P/E sits at the 89th percentile of its own range — the multiple has already done part of the work.
The price is in a confirmed uptrend (5 weeks in) while the P/E sits at the 89th percentile of its own 10-year range. Underneath, the last four quarters read deteriorating — profit −100.6% year on year, and 33% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.
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 Showa Ltd trades at ₹137, in a confirmed uptrend and 5 weeks into that stage. That is +5.3% against its own 200-day average. It sits at 85% of a 52-week range of ₹115 to ₹141. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week.
Today the stock is in a confirmed uptrend — week 5 of stage 2, confirmed. At ₹137 it trades +5.3% versus its 200-day average and sits at 85% of its 52-week range (₹115–₹141).
Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved −21% while the NIFTY 500 moved +274% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 1 straight week — 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 Showa Ltd trades at 23.4× P/E, at the pricey end of its own range (89th percentile). Its long-run median P/E is 16.9×, measured across 10.4 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 23.4× is at the pricey end of its own range (89th percentile), against a long-run median of 16.9× measured over 10.4 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 −24.2% against a −5.2% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the −3.2%/yr price move, ~+0.9%/yr came from earnings growth and ~−4.1 pp from the multiple (compressing); over 10y, of the −2.9%/yr price move, ~−8.7%/yr came from earnings growth and ~+5.8 pp from the multiple (expanding). 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.
Stage: Mixed 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 Showa Ltd reads as mixed on its fundamental arc. Mixed — revenue growth is rising at +14.6% (single-quarter readings) while profit growth is falling at −100.6% (single-quarter readings) — the curves disagree, so the per-curve reads carry the story. The read is built from 10 quarters across 3 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
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.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| 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 | −5.2% | −2.3% | −3.2% | −2.9% |
4-Factor Sector Score
33.7/100 — rank 7 of 8 in Auto - 2 & 3 Wheelers · 83% evidence confidence
Munjal Showa Ltd scores 33.7 out of 100 against the 8 companies it is compared with in Auto - 2 & 3 Wheelers, ranking 7. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 12.1 + 7.3 + 7.7 + 6.6 = 33.7. 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 Showa Ltd reported ₹347 Cr of revenue in the Mar 26 quarter, +14.6% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at −1.3% a year. The last full year, FY26, came in at ₹1,315 Cr. The last four reported quarters add to ₹1,315 Cr.
FY26 revenue came in at ₹1,315 Cr (+5.2% on the year), capping 10 years at −1.3% compound. The latest quarter (Mar 26) printed ₹347 Cr, +14.6% year on year — the 3rd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +5.2% growth against the decade's −1.3% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +5.2% over the last 4 quarters against +5.9%/yr over the last 8 — stabilising; TTM profit −24.2% vs −15.7%/yr — rolling over.
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 Showa Ltd's operating margin is −0.0% in the Mar 26 quarter, −2.4 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 0.8% to 8.0%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is −0.0%, −2.4 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 0.8%–8.0%.
🚨 Why the margin moved: operating margin went −2.4 pp year on year while gross margin went −0.7 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Munjal Showa Ltd posted a net loss of ₹0.1 Cr in the Mar 26 quarter. Full-year FY26 profit was ₹22.0 Cr. The 10-year compound rate is −9.7%. That loss is 0.0% of the quarter's revenue. The same quarter a year earlier earned ₹8.9 Cr. 1 of the last 12 reported quarters were loss-making.
Mar 26 profit was ₹−0.1 Cr, −100.6% year on year. On the full year, FY26 printed ₹22.0 Cr (−24.1%), and the 10-year compound rate is −9.7%.
🚨 Why profit moved: revenue contributed +14.6% and the margin −2.4 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −3.9% vs revenue +5.2%. 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 33% of Munjal Showa Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−21.0 Cr of operating cash against ₹22.0 Cr of profit. After ₹5.0 Cr of capital spending, ₹−26.0 Cr was left as free cash.
FY26: operating cash of ₹−21.0 Cr against reported profit of ₹22.0 Cr, leaving free cash of ₹−26.0 Cr after ₹5.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 33% 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 33%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle. Less than 70% of profit arriving as cash is the thing to watch on this page.
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 Showa Ltd's cash conversion cycle runs 39 days in FY26, down from 49 days in FY21. Capital spending ran ₹17.0 Cr over the last 3 years. At FY26 sales of ₹1,315 Cr each day of that cycle holds about ₹3.6 Cr, so roughly ₹141 Cr sits inside the business at any moment.
FY26: debtors at 65 days, inventory at 30 days — roughly 1.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 39 days, tighter than FY21's 49.
The full loop: cash goes out to suppliers and production on day 0; stock waits 30 days to sell; customers pay about 65 days after that; and suppliers themselves are paid at 56 days — netting out to the 39-day cycle.
In money terms: at FY26 sales of ₹1,315 Cr, each day of the cycle holds about ₹3.6 Cr — so the 39-day loop keeps roughly ₹141 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹17.0 Cr over the last 3 fiscal years against ₹35.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 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.
Munjal Showa Ltd earns a ROCE of 5% in FY26. That is up from a trough of 0% in FY25. Return on invested capital clears the cost of that capital by −9.5 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 1.7% net margin on 1.52× asset turns.
FY26 ROCE is 5%, recovered from a FY25 trough of 0% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 1.7% net margin × 1.52× asset turns × 1.28× balance-sheet leverage ≈ 3.3% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 2.5% − 12.0% = a −9.5 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; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Munjal Showa Ltd carries ₹0.0 Cr of borrowings against ₹678 Cr of equity in FY26, a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Capital spending ran ₹17.0 Cr across the last 3 of those years.
FY26: borrowings of ₹0.0 Cr against equity of ₹678 Cr — a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr while capital spending ran ₹17.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.
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.
Foreign institutions cut 1.4 points of Munjal Showa Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 0.1% of the company. Promoters moved +0.0 points over the same window, to 65.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −1.4 points over 8 quarters to 0.1%; Promoters: +0.0 points over 8 quarters to 65.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
🚨 Why the register moved: foreign institutions drove it (−1.4 points) — distribution into the market’s bid.
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 Showa Ltd: the Z-score reads 4.97. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
Why it matters: a Z-score of 4.97 sits well clear of the distress zone — the balance sheet is not the risk here.
The safety line in one sentence: the Z-score reads 4.97.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Hero MotoCorp LtdHEROMOTOCO | 69.5/100Favorable setup90% evidence | TURNING | 19.2/35 Revenue 15.8% · PAT 32% · OPM change 0 pp 88% evidence | 21.4/25 ROCE 35.2% · OPM 14% 100% evidence | 19.6/20 P/E 18.8× · PEG 0.56 100% evidence | 9.3/20 RS sector 3.1% · RS bench -0.8% · 1Y 27.3%0 of 10 weeks ahead 70% evidence |
| Exact sum: 19.2 + 21.4 + 19.6 + 9.3 = 69.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Bajaj Auto LtdBAJAJ-AUTO | 65.5/100Favorable setup82% evidence | BREAKING OUT | 21.7/35 Revenue 36.9% · PAT 52.1% · OPM change 0 pp 95% evidence | 19.0/25 ROCE 28.2% · OPM 21% 76% evidence | 8.6/20 P/E 26.9× · PEG — 50% evidence | 16.2/20 RS sector 5.4% · RS bench 19.6% · 1Y 42.7%6 of 12 weeks ahead 100% evidence |
| Exact sum: 21.7 + 19 + 8.6 + 16.2 = 65.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Eicher Motors LtdEICHERMOT | 62.3/100Mixed-positive evidence76% evidence | TURNING | 17.2/35 Revenue 28.1% · PAT 19.4% · OPM change 0 pp 95% evidence | 20.4/25 ROCE 30.5% · OPM 24% 76% evidence | 10.4/20 P/E 37× · PEG — 50% evidence | 14.3/20 RS sector 5.7% · RS bench 8.6% · 1Y 44.2%1 of 9 weeks ahead 70% evidence |
| Exact sum: 17.2 + 20.4 + 10.4 + 14.3 = 62.3 · Decision use: Price leads the evidence: RS versus the benchmark is 8.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 4TVS Motor Company LtdTVSMOTOR | 62.0/100Mixed-positive evidence82% evidence | TURNING | 21.5/35 Revenue 30.5% · PAT 41.9% · OPM change -1 pp 95% evidence | 15.6/25 ROCE 17.4% · OPM 14% 76% evidence | 8.3/20 P/E 59.2× · PEG — 50% evidence | 16.6/20 RS sector 5% · RS bench 19.3% · 1Y 55.5%2 of 12 weeks ahead 100% evidence |
| Exact sum: 21.5 + 15.6 + 8.3 + 16.6 = 62 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Atul Auto LtdATULAUTO | 54.8/100Mixed-positive evidence76% evidence | FADING | 25.1/35 Revenue 14.1% · PAT 100% · OPM change 4 pp 83% evidence | 12.8/25 ROCE 11.4% · OPM 11% 95% evidence | 9.7/20 P/E 33.1× · PEG — 15% evidence | 7.2/20 RS sector -3.7% · RS bench 9.3% · 1Y 12.7%4 of 12 weeks ahead 100% evidence |
| Exact sum: 25.1 + 12.8 + 9.7 + 7.2 = 54.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Ather Energy LtdATHERENERG | 51.4/100Mixed-positive evidence68% evidence | LEADER | 26.4/35 Revenue 62.9% · PAT 36.3% · OPM change 19 pp 65% evidence | 1.0/25 ROCE -19.8% · OPM -6% 100% evidence | 10.0/20 P/E — · PEG — 0% evidence | 14.0/20 RS sector 44% · RS bench 62% · 1Y 277%12 of 12 weeks ahead 100% evidence |
| Exact sum: 26.4 + 1 + 10 + 14 = 51.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Munjal Showa Ltdthis pageMUNJALSHOW | 33.7/100Adverse evidence83% evidence | BREAKING OUT | 12.1/35 Revenue 5.2% · PAT -24.3% · OPM change -2.4 pp 83% evidence | 7.3/25 ROCE 4.7% · OPM 0% 95% evidence | 7.7/20 P/E 23.4× · PEG — 50% evidence | 6.6/20 RS sector -8.1% · RS bench 4.6% · 1Y -8.4%5 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 7.3 + 7.7 + 6.6 = 33.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Ola Electric Mobility LtdOLAELEC | 26.5/100Adverse evidence62% evidence | TURNING | 11.8/35 Revenue -50.1% · PAT 19.5% · OPM change 8 pp 65% evidence | 1.7/25 ROCE -19.6% · OPM -106% 100% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.0/20 RS sector -43.9% · RS bench -5.2% · 1Y -6.2%7 of 10 weeks ahead 70% evidence |
| Exact sum: 11.8 + 1.7 + 10 + 3 = 26.5 · 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 Showa Ltd's share price today?
Munjal Showa Ltd trades at ₹137, −5.2% over the past year. The company is valued at ₹549 Cr. The stock sits at 85% of its 52-week range of ₹115–₹141, +5.3% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 5 weeks in. — as of 31 July 2026.
What were Munjal Showa Ltd's latest quarterly results?
Munjal Showa Ltd reported revenue of ₹347 Cr and a net loss of ₹0.1 Cr for the Mar 26 quarter. Revenue rose 14.6% and profit fell 100.6% year on year. Earnings per share were ₹−0.01. The operating margin was −0.0%, 2.4 pp lower than a year earlier. — as of 31 July 2026.
What is Munjal Showa Ltd's revenue?
Munjal Showa Ltd reported revenue of ₹347 Cr in the Mar 26 quarter, +14.6% year on year. For the full FY26 fiscal year, revenue was ₹1,315 Cr (+5.2%). Over the last 10 years revenue compounded at −1.3% a year. — as of 31 July 2026.
What is Munjal Showa Ltd's profit?
Munjal Showa Ltd earned ₹−0.1 Cr of net profit in the Mar 26 quarter, −100.6% year on year. Full-year FY26 profit was ₹22.0 Cr. The operating margin ran −0.0% in the latest quarter. — as of 31 July 2026.
What is Munjal Showa Ltd's market cap?
Munjal Showa Ltd's market capitalisation is ₹549 Cr at a share price of ₹137. 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 Showa Ltd's P/E ratio?
Munjal Showa Ltd trades at a P/E of 23.4×, at the 89th percentile of its own 10-year range, against a long-run median of 16.9×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Munjal Showa Ltd pay a dividend?
Yes — Munjal Showa Ltd's dividend payout was 82% of profit in FY26, and it recorded a payout in each of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Munjal Showa Ltd overvalued?
On its own history, Munjal Showa Ltd looks expensive against its own history: its P/E of 23.4× sits at the 89th percentile of its 10-year range (long-run median 16.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.
Is Munjal Showa Ltd growing?
Not right now — Munjal Showa Ltd's latest numbers are shrinking: latest-quarter revenue +14.6% year on year, profit −100.6%, and the margin −2.4 pp at −0.0%. The 10-year compound rates are −1.3% (revenue) and −9.7% (profit). The earnings engine currently reads: deteriorating — as of 31 July 2026.
How is Munjal Showa Ltd performing?
Munjal Showa Ltd is in a confirmed uptrend, 5 weeks in. Its latest quarter's revenue rose 14.6% and profit fell 100.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is Munjal Showa Ltd in?
Mixed — revenue growth is rising at +14.6% (single-quarter readings) while profit growth is falling at −100.6% (single-quarter readings) — the curves disagree, so the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +14.6% latest, profit growth −100.6% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is Munjal Showa Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 5 of stage 2), trading +5.3% versus its 200-day average and at 85% 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 Showa Ltd beating the market?
On recent form, yes — Munjal Showa Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week, 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 −21% against the NIFTY 500's +274% — behind the index over the full window. — as of 31 July 2026.
Will Munjal Showa Ltd's share price go up?
This page publishes no price forecast for Munjal Showa Ltd. What it measures instead: the share price is ₹137, the price is in a confirmed uptrend 5 weeks in. Its P/E of 23.4× sits at the 89th percentile of its own 10-year range. — as of 31 July 2026.
Who owns Munjal Showa Ltd?
Promoters hold 65.0% of Munjal Showa Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 34.9% (latest quarter). The biggest move on the register over the last two years: Foreign institutions cut 1.4 points over 8 quarters. — as of 31 July 2026.
Does Munjal Showa Ltd have too much debt?
No — Munjal Showa Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill 55×. FY26 borrowings were ₹0.0 Cr against equity of ₹678 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.
What is Munjal Showa Ltd's capex?
Munjal Showa Ltd spent ₹17.0 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 ₹5.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Munjal Showa Ltd's cash flow?
Munjal Showa Ltd generated ₹−21.0 Cr of operating cash flow in FY26 and ₹−26.0 Cr of free cash flow after ₹5.0 Cr of capital spending. Reported profit that year was ₹22.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Munjal Showa Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 33% of Munjal Showa Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−21.0 Cr against reported profit of ₹22.0 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.
How financially safe is Munjal Showa Ltd?
On the balance sheet, the Z-score reads 4.97 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 31 July 2026.
Where is Munjal Showa Ltd in its business cycle?
Munjal Showa Ltd's FY26 operating margin was 1.8%, against a 13-year band of 0.8%–8.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran −0.0%. 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 Showa Ltd story?
Biggest watch item: the P/E sits at the 89th percentile of its own range — the multiple has already done part of the work. 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 Showa Ltd a stock worth studying right now?
This is not investment advice. The machine read: Munjal Showa Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.