Skip to content
Intrinsic value · Buy/Sell verdict · scores — free· 1088 Nifty 500 stocks· EOD 2026-06-16

Munjal Showa Limited

MUNJALSHOW · NSE · Consumer Cyclical

₹129.07
-0.21 (-0.16%)
Our verdict
Hold57/100
Quality21
Valuation92
Momentum54
Financial trend62
Intrinsic value
Our fair value
₹183.52
Undervalued by 42%
Price ₹129.07Range ₹64.54₹258.14

With a 20% margin of safety, our buy-below price is ₹146.81.

D
Financial health 45/100
Altman Z 2.81 · Grey zone

Piotroski F-score 2/9 — quality of earnings & balance sheet.

Investability checklist

Passed 5 of 11 checks45/100
  • ROE above 15%3.2%
  • Low debt (D/E < 0.5)
  • Positive free cash flow
  • Revenue growth > 10%15%
  • Earnings growing
  • Net margin ≥ 10%1.7%
  • Current ratio > 1.53.72
  • Below our fair value
  • Margin of safety ≥ 20%
  • Above 200-day average
  • Above 50-day average
  • Positive 1-year return
  • Altman Z in safe zoneZ 2.81
  • Piotroski ≥ 72/9

1-year price

EOD · 2026-06-16
1W
-0.3%
1M
-2.6%
3M
+6.6%
6M
+4.2%
1Y

Our scores

Durability21
Valuation83
Momentum54

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Quarterly results

3Q2017
₹419 Cr5%
4Q2017
₹356 Cr3%
1Q2018
₹419 Cr7%
2Q2018
₹442 Cr4%
Revenue Net profitRevenue 4-period change +5%

Annual financials

2015
₹1,648 Cr5%
2017
₹1,476 Cr4%
2018
₹1,581 Cr5%
2019
₹0 Cr
Revenue Net profit

Shareholding

Promoter66.9%
Institutions0.0%
Public & other33.1%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹516 Cr
P/E ratio
23.6
P/B ratio
0.86
EPS (TTM)
₹5.47
ROE
3.2%
Debt / Equity
Profit margin
1.7%
Free cash flow
₹-24 Cr
52-week high
₹149.86
-13.87% from high
52-week low
₹110.46
Dividend yield
3.5%
Beta
0.30

SWOT snapshot

Weaknesses

  • Low return on equity (3.2%).
  • Weak Piotroski score (2/9).

Opportunities

  • Revenue growing (15% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~42% below our estimated fair value.

About Munjal Showa Limited

Munjal Showa Limited manufactures and sells auto components for the two-wheeler and four-wheeler industry primarily in India and internationally. Its products include front forks, shock absorbers, struts, gas springs, and window balancers, as well as spring/rear door lifters and rear cushions. The company was incorporated in 1985 and is based in Gurugram, India.

More in Consumer Cyclical

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.