Menon Pistons
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Menon Pistons share price

Menon Pistons Ltd.

BSE: 531727 SECTOR: Auto Ancillary  32k   191   18

94.30
-0.17 (-0.18%)
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 96.6

Today's Low

₹ 90.13

52 Week High

₹ 125.9

52 Week Low

₹ 43

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 480.93 Cr.

Enterprise Value

₹ 496.32 Cr.

No. of Shares

5.1 Cr.

P/E

19.21

P/B

3.79

Face Value

₹ 1

Div. Yield

1.06 %

Book Value (TTM)

₹  24.86

CASH

₹ 1.05 Cr.

DEBT

₹ 16.44 Cr.

Promoter Holding

74.37 %

EPS (TTM)

₹  4.91

Sales Growth

3.56%

ROE

22.36 %

ROCE

26.05%

Profit Growth

32.2 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year3.56%
3 Year20.92%
5 Year7.35%

Profit Growth

1 Year32.2%
3 Year75.34%
5 Year27.47%

ROE%

1 Year22.36%
3 Year17.89%
5 Year14.59%

ROCE %

1 Year26.05%
3 Year21.33%
5 Year17.88%

Debt/Equity

0.1421

Price to Cash Flow

11.66

Interest Cover Ratio

12.0961727540876

CFO/PAT (5 Yr. Avg.)

1.28102772155837

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.37 0
Dec 2023 74.37 0
Sep 2023 74.37 0
Jun 2023 74.37 0
Mar 2023 74.37 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 75.3420380759519% for the Past 3 years.
  • The company has shown a good revenue growth of 20.9240125153478% for the Past 3 years.
  • The company has significantly decreased its debt by 10.6644 Cr.
  • Company has been maintaining healthy ROCE of 21.3282488705521% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 12.0961727540876.
  • Company’s PEG ratio is 0.596723779178908.
  • The company has an efficient Cash Conversion Cycle of 69.2284983310471 days.
  • Company has a healthy liquidity position with current ratio of 2.05154916903662.
  • The company has a good cash flow management; CFO/PAT stands at 1.28102772155837.
  • The company has a high promoter holding of 74.37%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.74798798115979.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 52.14 46.61 55.43 51.52 49.32
Total Expenditure 43.98 39.72 47.29 43.53 41.86
Operating Profit 8.16 6.89 8.14 8 7.46
Other Income 0.57 5.79 0.5 0.62 2.91
Interest 0.73 0.55 0.36 0.55 0.61
Depreciation 1.49 1.47 1.42 1.5 1.53
Exceptional Items 0 0 0 0 0
Profit Before Tax 6.52 10.66 6.87 6.57 8.24
Tax 1.64 1.84 1.73 1.65 2.07
Profit After Tax 4.88 8.81 5.14 4.92 6.16
Adjusted EPS (Rs) 0.96 1.73 1.01 0.96 1.21

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 156.1 117.75 137.11 201.06 208.21
Total Expenditure 137.49 107.02 120.17 170.49 176.37
Operating Profit 18.61 10.73 16.94 30.56 31.84
Other Income 0.68 0.43 0.59 0.98 7.26
Interest 0.42 0.26 0.2 1.42 2.75
Depreciation 4.83 5.33 5.27 5.81 5.88
Exceptional Items 0 0 0 0 0
Profit Before Tax 14.04 5.57 12.05 24.31 30.47
Tax 3.96 1.18 3.12 6.43 6.83
Net Profit 10.08 4.39 8.94 17.88 23.64
Adjusted EPS (Rs.) 1.98 0.86 1.75 3.51 4.64

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.1 5.1 5.1 5.1 5.1
Total Reserves 72.62 69.47 78.17 90.63 110.63
Borrowings 0 0 0 18.73 10
Other N/C liabilities 2.48 1.76 1.42 1.62 2.18
Current liabilities 21.55 16.64 37.29 35.35 36.01
Total Liabilities 101.74 92.96 121.97 151.42 163.92
Assets
Net Block 31.27 31.62 34.6 41.87 51.56
Capital WIP 0 0 0 0.75 0.04
Intangible WIP 0 0 0 0 0
Investments 0 0 0 11.6 26.75
Loans & Advances 5.58 5.53 10.72 11.57 11.68
Other N/C Assets 0.28 0.02 0.3 0.3 0.02
Current Assets 64.6 55.78 76.35 85.32 73.87
Total Assets 101.74 92.96 121.97 151.42 163.92
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 14.04 5.57 12.05 24.31 30.47
Adjustment 4.84 5.38 5.31 6.99 3.48
Changes in Assets & Liabilities -2.4 5.04 -1.88 -20.53 13.84
Tax Paid -5.11 -2.13 -2.55 -6.98 -6.55
Operating Cash Flow 11.37 13.84 12.93 3.79 41.24
Investing Cash Flow -7.6 -6.82 -9.24 -25.13 -25.02
Financing Cash Flow -4.32 -6 6.57 10 -17.23
Net Cash Flow -0.55 1.02 10.27 -11.35 -1.01

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.37 74.37 74.37 74.37 74.37
devika sachin menon 8.25 8.25 8.25 8.25 8.25
gayatri sachin menon 14.20 14.20 14.20 14.20 14.20
menon metals and alloys l... 7.17 7.17 7.17 7.17 7.17
nivedita sachin menon 8.25 8.25 8.25 8.25 8.25
sachin ram menon 20.98 20.98 20.98 20.98 28.24
sharanya sachin menon 8.25 8.25 8.25 8.25 8.25
radhamani ram menon 7.25 7.25 7.25 7.25 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.63 25.63 25.63 25.63 25.63
investor education and pr... - - 0.58 - 0.58
llp 0.05 0.05 0.11 0.14 0.05
vatsala nair - - - 2.16 2.13
investor education and pr... 0.55 0.55 - 0.58 -
vatsala p nair 2.15 2.15 2.15 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Menon Pistons informs about compliance certificate8 Apr 2024, 12:50PM Menon Pistons informs about disclosure 29 Feb 2024, 11:04AM Menon Pistons informs about disclosure 29 Feb 2024, 11:03AM Menon Pistons informs about newspaper advertisement22 Feb 2024, 4:55PM Menon Pistons - Quaterly Results31 Jan 2024, 1:38PM Menon Pistons - Quaterly Results31 Jan 2024, 1:38PM Menon Pistons - Quaterly Results31 Jan 2024, 1:38PM Menon Pistons informs about compliances-certificate 5 Jan 2024, 5:04PM Menon Pistons - Quaterly Results1 Nov 2023, 1:08PM Menon Pistons - Quaterly Results1 Nov 2023, 1:08PM Menon Pistons - Quaterly Results1 Nov 2023, 1:08PM Menon Pistons informs about loss of share certificate20 Oct 2023, 2:48PM Menon Pistons informs about change in management12 Aug 2023, 4:55PM Menon Pistons - Quaterly Results10 Aug 2023, 12:45PM Menon Pistons - Quaterly Results10 Aug 2023, 12:45PM Menon Pistons - Quaterly Results10 Aug 2023, 12:45PM Menon Pistons informs about AGM notice and annual report 12 Jul 2023, 2:40PM Menon Pistons informs about certificate11 Jul 2023, 5:18PM Menon Pistons - Quaterly Results20 May 2023, 1:16PM Menon Pistons - Quaterly Results20 May 2023, 1:16PM Menon Pistons - Quaterly Results20 May 2023, 1:16PM Menon Pistons informs about board meeting10 May 2023, 5:02PM Menon Pistons informs about compliance certificate14 Apr 2023, 3:52PM Menon Pistons informs about revised outcome for board meeting 30 Jan 2023, 4:11PM Menon Pistons - Quaterly Results28 Jan 2023, 1:19PM Menon Pistons - Quaterly Results28 Jan 2023, 1:19PM Menon Pistons - Quaterly Results28 Jan 2023, 1:19PM Menon Pistons informs about press release3 Jan 2023, 11:46AM Menon Pistons informs about details of loss of certificate 30 Nov 2022, 4:47PM Menon Pistons informs about loss of share certificate 23 Nov 2022, 5:08PM Menon Pistons informs about disclosure of related party transactions17 Nov 2022, 3:25PM Menon Pistons - Quaterly Results4 Nov 2022, 12:56PM Menon Pistons - Quaterly Results4 Nov 2022, 12:56PM Menon Pistons - Quaterly Results4 Nov 2022, 12:56PM Menon Pistons informs about board meeting 20 Oct 2022, 3:04PM Menon Pistons - Quaterly Results9 Aug 2022, 1:06PM Menon Pistons - Quaterly Results9 Aug 2022, 1:06PM Menon Pistons - Quaterly Results9 Aug 2022, 1:06PM Menon Pistons informs about AGM22 Jul 2022, 1:06PM Menon Pistons informs about AGM12 Jul 2022, 3:48PM Menon Pistons - Quaterly Results24 May 2022, 1:57PM Menon Pistons - Quaterly Results24 May 2022, 1:57PM Menon Pistons - Quaterly Results24 May 2022, 1:57PM Menon Pistons informs about board meeting18 May 2022, 10:37AM Menon Pistons informs about compliance certificate 18 Apr 2022, 11:55AM Menon Pistons informs about newspaper advertisement9 Feb 2022, 4:09PM Menon Pistons informs about updates on board meeting22 Jan 2022, 3:13PM Menon Pistons informs about board meeting19 Jan 2022, 2:49PM Menon Pistons informs about clarification 15 Jan 2022, 3:21PM Menon Pistons informs about compliances certificate7 Jan 2022, 4:30PM

Menon Pistons Stock Price Analysis and Quick Research Report. Is Menon Pistons an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Menon Pistons is performing and if it is the right time to buy the stock of Menon Pistons with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Menon Pistons has reported poor sales growth of 3.55819847923573 % and in the latest quarter sales was Rs 49.321 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 9.44202435208489 times for Menon Pistons . It is managing its inventory poorly .
     
  • Menon Pistons reported Profit growth of 32.1988123595129 % over the year, where the latest year profit is Rs 23.6427 Cr compared to the previous year of Rs 17.8842 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Menon Pistons in the latest quarter is Rs 7.458 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Menon Pistons has a healthy ROE of 22.3621536342862 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Menon Pistons has a low Debt to Equity ratio of 0.1421.
     
  • Menon Pistons pays a dividend of 1 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 1.0585 %.
     
  • The share of promoter in Menon Pistons is high at 74.37 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Menon Pistons is 19.2135289323553 compared to the 5 year average PE of 10.9299916697587 .
     
  • Share Price: - The current share price of Menon Pistons is Rs 94.3. One can use valuation calculators of ticker to know if Menon Pistons share price is undervalued or overvalued.
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Brief about Menon Pistons
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