Munjal Auto Industries Ltd

Know More
NSEBSE

89.154.20 (4.94%)

03:48 PM,1st Mar 2024

89.194.24 (4.99%)

04:01 PM,1st Mar 2024

BSE : 520059

NSE : MUNJALAU

Sector : Auto

ISIN Code : INE672B01032

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Mar 01 2024 | 04:01 PM IST

Market Cap (₹ Cr)

891

Turnover (₹ Cr)

0.16

Volume (Shares)

184901

Face Value

2

52-WK High

115.00

52-WK High Date

15 Jan 2024

52-WK Low

35.60

52-WK Low Date

29 Mar 2023

All Time High

115.00

All Time High Date

15 Jan 2024

All Time Low

2.43

All Time Low Date

28 Nov 2008

Munjal Auto Industries Ltd

Munjal Auto Industries Ltd incorporated in July 1985 is a Fast-growing and Forward-looking Hero Honda Group Company manufacturing superior light engineering automotive products. The Hero group promoted Gujarat Cycles Ltd (now Munjal Auto Industries Ltd) as a 100% EOU to meet the radical divergent needs of the international bicycle markets. A Joint Venture with the State-owned Gujarat Industries Investment Corporation this manufacturing division of the group caters the need of sophisticated markets like US Germany France UK and Australia.The Company is engaged in manufacturing and selling of Auto components. As at March 31 2023 Thakur Devi Investments Private Limited the holding Company owned 74.81% of the Company's equity share capital.Hero Honda Motors Ltd is one of the Major clients of the Company and the Company manufactures 'Q' Class Components namely Mufflers and rims for Hero Honda CD100 CD Dawn Splendours Models. The Company has successfully developed Muffler converter emission sub assembly launched in the HHML CBZ Models. Now Munjal auto is a leader in providing specialized automotive components involving processes of stampings electroplating painting and forging.The Company has plant located at Waghodia in Vadodara District of Gujarat and at Binola at Gurgaon District of Haryana.Initially the Company was concentrating on manufacturing and exporting Bicycles. In the year 1999 the Company changed the focus of its business from Bicycle manufacturing to Auto Components Manufacturing by diversifying in to automotive productsDuring the year 1999-2000 Auto Components Project(Rims and Mufflers) were successfully completed at the Companies plant located at Waghodia. The First phase of expansion in the new manufacturing facilities at binola (Haryana) was completed during the year. With the completion of first phase of the project the Capacity of Cold & Warm Forged Components was 3000000 Sets.During 2000-2001 the Second phase of the new manufacturing facilities at Binola was completed and the warm/cold forging unit at Binola (Haryana) commissioned from November 2000. With the completion of the above mentioned project and installation of new electroplating plant the capacity of Motorcycle Rims stood increased from 800000 Nos to 960000 Nos and Mufflers stood increased from 600000 Nos to 1320000 Nos.During the year 2001-2002 Rims capacity was increased from 960000 Nos to 2550000 Nos. and Muffler capacity was also increased from 1320000 Nos to 1800000 Nos. As the Companies networth exceeds its accumulated losses the company is no longer a sick company which was declared as Sick Company under BIFR in the year 1993-94. The companies Waghodia unit has carried out an expansion with the addition of one more rim mill with a investment of Rs.17 crore during 2001-2002.During the year 2004-2005 the Companies Binola Unit successfully developed gear primary driven components for Hero Honda Ltd during the year. The Unit also planned an aggregated investments of Rs.23.50 crore for the above components and also for expanding the capacity fo existing forging/gear components.During 2005-2006 with the companies approval Binola Unit of the Company was hived off / demerged into separate Company namely Shivam Autotech Limited w.e.f. August 01 2005 (the appointed date). Hon'ble High Courts of Gujarat and Delhi sanctioned the Scheme vide their Orders dated March 29 2006 & March 30 2006 respectively. The shareholders of the Company who held two shares of the company were issued one new share of the Company and one share of Shivam Autotech Limited. The Company also installed a new wheel manufacturing Line for the wheels for Scooters and Passenger Cars. The companies installed capacity of Autorims and Mufflers expanded from 2050000 Nos to 3600000 Nos and from 3300000 Nos to 3750000 Nos respectively. The companies production capacity of Scooter Wheels also stood at 600000 Nos during this period.Haridwar and Bawal factories were made operational during 2010. The Company commissioned its own modern Central Tool Room located at Bawal unit. Also its new plant at Waghodia to make fuel tanks for TATA NANO cars was made fully operational during the year 2011-12. The fourth unit at Dharuhera in Haryana became operational with an investment outlay of Rs 32 crore in 2014.

Munjal Auto Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

891

EPS - TTM (₹) [S]

3.83

P/E Ratio (X) [S]

2.27

Face Value (₹) 2
Latest Dividend (%)100.00
Latest Dividend Date 25 Aug 2023
Dividend Yield (%) 2.35
Book Value Share (₹) [S]39.32
P/B Ratio (₹) [S]2.27
[*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

84.25

89.15

Week Low/High

84.05

92.00

Month Low/High

84.05

107.00

Year Low/High

35.60

115.00

All time Low/High

0.38

115.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.78%-0.61%0.820.57%
1 Month-12.81%-12.85%2.932.96%
3 Month13.03%12.99%9.2810.22%
6 Month51.93%52.00%12.7814.94%
1 Year119.80%120.12%24.1328.01%
3 Year42.30%42.53%47.9351.33%

Company Info

Company Information

Chairman & Managing Director : Sudhir Munjal

Non-Exec. & Independent Dir. : Vikram Shah

Non-Exec. & Independent Dir. : Naresh Kumar Chawla

Non-Exec. & Independent Dir. : Mahendra Sanghvi

Non-Exec. & Independent Dir. : Ramkisan Devidayal

Non-Exec. & Independent Dir. : Sudesh Kumar D Duggal

Non-Exec. & Independent Dir. : Jal Ratanshaw Patel

Whole-time Director : Anuj Munjal

Company Sec. & Compli. Officer : Rakesh Johari

Non-Exec. & Independent Dir. : Avi Kersi Sabavala

Whole-time Director : Anju Munjal

Registered Office: 187 GIDC Industrial Estate, Waghodia,Vadodara,Gujarat-391760 Ph: 91-2668-262421-26

Email:cs@munjalauto.com

URL:http://www.munjalauto.com