Menon Pistons Ltd

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NSEBSE
Stock not tradded

103.00-1.00 (-0.96%)

04:01 PM,27th Feb 2024

BSE : 531727

NSE :

Sector : Auto

ISIN Code : INE650G01029

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Last Updated: Feb 27 2024 | 04:01 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

1

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

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Menon Pistons Ltd

Menon Pistons Ltd was incorporated as a private limited company in Aug.'77 and was converted into a deemed public company in 1988. The company became a full-fledged public limited company in Nov.'94. Promoted by the late Chandran Menon and Ram Menon the company was manufacturing pistons to cater to the need of small diesel engine manufacturers. Subsequently it started supplying the high value added pistons required for the automobile industry and diesel engine sector. Later on it added pistons required for cars LCVs/HCVs to its product line.In year 1971 the Company manufactured their first engine piston. Their innovative solutions in automotive and off-highway engine applications and precision hydraulic systems act as catalysts towards our long-term association with esteemed OEM customers across the world who are a testament to technological prowess that it has built over the years. The Company is into manufacturing of auto components such as Pistons Gudgeon Pins Rings Auto shafts required for commercial vehicles tractors and heavy duty stationery engines. The market is divided into segments such as export market replacement market OEM market. The auto component manufacturers mainly cater to two types of buyers i.e. the original equipment manufacturers (OEMs) and the Engine Overhauling segment. While demand in the former is dependent on the production of new vehicles the later i.e. the Engine Overhauling segment is lucrative due to its size and unlike the OEM segment it is not cyclical.In Feb.'96 the company offered for sale 1275000 equity shares of Rs 10 each for cash at an offer price of Rs 90 per share aggregating Rs 1147.50 lac. The company recently undertook de-bottlenecking / balancing activities at its plants. The company undertook and completed an expansion in the capacity of Cummins Piston Line by replacement of some of the machines with imported machines from Taiwan with an investment of over Rs.2 crores during 1998-99.In 2007 the Company became the first to start manufacture of Forged Steel Pistons to the Heavy Horsepower Engines Segment. In 2011 it set up a Ductile Iron Foundry and Machine Shop venturing into precision machined parts in exhaust management lifting and tipping systems. In 2020 it expanded the product with manufacture of Valvetrain assemblies. During the period 2021-22 the Company acquired 100% shares of Rapid Machining Technologies Private Limited and resulting the acquisition it became the Wholly Owned Subsidiary of the Company. Similarly it acquired 100% shares of Lunar Enterprise Private Limited and made it a Wholly Owned Subsidiary of the Company during 2022-23.

Menon Pistons Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

525

EPS - TTM (₹) [S]

4.91

P/E Ratio (X) [S]

4.36

Face Value (₹) 1
Latest Dividend (%)100.00
Latest Dividend Date 02 Aug 2023
Dividend Yield (%) 0.97
Book Value Share (₹) [S]23.65
P/B Ratio (₹) [S]4.36
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

102.00

106.00

Week Low/High

102.00

114.00

Month Low/High

87.03

126.00

Year Low/High

37.20

126.00

All time Low/High

2.81

126.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-5.11%%0.050.01%
1 Month16.79%%3.393.96%
3 Month42.78%%10.8012.14%
6 Month53.69%%12.6515.22%
1 Year132.51%%23.2927.63%
3 Year422.84%%48.8752.78%

Company Info

Company Information

Independent Director : Ajitkumar S Belur

Independent Director : Neha Marathe

Independent Director : Subhash Kutte

Chairman & Managing Director : Sachin Ram Menon

Non-Exec & Non-Independent Dir : R D Dixit

Independent Director : Shrikant Raghunath Sambhoos

Company Sec. & Compli. Officer : Pramod Suryavanshi

Additional Director : CHIDAMBARANATHAN RAMAKRISHNAN

Registered Office: 182 Shiroli, ,Kolhapur,Maharashtra-416122 Ph: 91-230-2468041/42

Email:oad@meonpistons.com/cs@menonpistions.com

URL:http://www.menonpistons.com