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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Munjal Auto Industries Limited is an India-based auto component manufacturing company engaged in the manufacturing and selling of auto components. It manufactures sheet metal and composites, molds, components and assemblies for industries like automotive, renewable energy,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, priced for perfection — but flagged on governance.
Munjal Auto is scored on the general / industrial framework. It keeps a thin 2.0% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.97×). Free cash flow is worth about -1.2% of its market value.
Over the last 3 years revenue compounded at 5%/yr and profit at -4%/yr. Book value has grown 6%/yr. Return on equity is a weak 7.7%.
At 25× earnings, the stock sits at the 80th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~8%/yr earnings growth for a decade. The forensic screen raises a red flag: Share count up 25% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 18.45 | 37.55 | better |
| P/B | 2.28 | 4.15 | better |
| EV/EBITDA | 7.96 | 17.82 | better |
| ROE | 7.74 | 13.31 | worse |
| ROCE | 10.36 | 11.95 | worse |
| ROA | 3.8 | 5.72 | worse |
| Quick Ratio | 0.88 | 3.56 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
5% CAGR — growing but slowly.
Revenue is outpacing profit (5% vs -4%) — costs are rising faster than the top line.
Operating margins have been stable around 3% — no major structural shift. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 10% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
Profit grew faster than EPS (-4% vs -11%) — share dilution is eroding per-share value. -11% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 15% sequentially — momentum is building. Run-rate stepping up — recent quarters average 11% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 2362% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.8% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.