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Munjal Showa Limited (MSL) in its joint venture with Showa Corporation of Japan, designs and manufactures shock absorbers for leading two-wheelers and fourwheelers. The company is one of the largest suppliers of shock absorbers to auto
| ANG INDUSTRIES | MUNJAL SHOWA | ANG INDUSTRIES/ MUNJAL SHOWA |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -0.1 | 16.0 | - | View Chart |
| P/BV | x | 0.2 | 2.0 | 7.6% | View Chart |
| Dividend Yield | % | 0.0 | 1.8 | - |
 ANG INDUSTRIES  MUNJAL SHOWA |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| ANG INDUSTRIES Mar-16 |
MUNJAL SHOWA Mar-16 |
ANG INDUSTRIES/ MUNJAL SHOWA |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 60 | 234 | 25.7% | |
| Low | Rs | 30 | 150 | 19.9% | |
| Sales per share (Unadj.) | Rs | 102.3 | 375.5 | 27.3% | |
| Earnings per share (Unadj.) | Rs | -6.5 | 15.3 | -42.2% | |
| Cash flow per share (Unadj.) | Rs | -1.8 | 22.6 | -8.1% | |
| Dividends per share (Unadj.) | Rs | 0 | 4.00 | 0.0% | |
| Dividend yield (eoy) | % | 0 | 2.1 | 0.0% | |
| Book value per share (Unadj.) | Rs | 43.4 | 113.2 | 38.3% | |
| Shares outstanding (eoy) | m | 16.09 | 40.00 | 40.2% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.4 | 0.5 | 85.9% | |
| Avg P/E ratio | x | -7.0 | 12.5 | -55.5% | |
| P/CF ratio (eoy) | x | -24.5 | 8.5 | -288.8% | |
| Price / Book Value ratio | x | 1.0 | 1.7 | 61.2% | |
| Dividend payout | % | 0 | 26.2 | 0.0% | |
| Avg Mkt Cap | Rs m | 722 | 7,670 | 9.4% | |
| No. of employees | `000 | NA | 3.5 | 0.0% | |
| Total wages/salary | Rs m | 176 | 1,009 | 17.5% | |
| Avg. sales/employee | Rs Th | NM | 4,351.9 | - | |
| Avg. wages/employee | Rs Th | NM | 292.2 | - | |
| Avg. net profit/employee | Rs Th | NM | 177.2 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 1,646 | 15,018 | 11.0% | |
| Other income | Rs m | 5 | 52 | 10.4% | |
| Total revenues | Rs m | 1,652 | 15,070 | 11.0% | |
| Gross profit | Rs m | 130 | 1,121 | 11.6% | |
| Depreciation | Rs m | 74 | 293 | 25.4% | |
| Interest | Rs m | 165 | 1 | 13,725.0% | |
| Profit before tax | Rs m | -104 | 879 | -11.8% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 0 | 267 | -0.1% | |
| Profit after tax | Rs m | -104 | 612 | -17.0% | |
| Gross profit margin | % | 7.9 | 7.5 | 105.5% | |
| Effective tax rate | % | 0.2 | 30.4 | 0.6% | |
| Net profit margin | % | -6.3 | 4.1 | -154.8% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 1,614 | 3,596 | 44.9% | |
| Current liabilities | Rs m | 1,688 | 1,467 | 115.0% | |
| Net working cap to sales | % | -4.4 | 14.2 | -31.4% | |
| Current ratio | x | 1.0 | 2.5 | 39.0% | |
| Inventory Days | Days | 203 | 15 | 1,321.1% | |
| Debtors Days | Days | 87 | 48 | 180.7% | |
| Net fixed assets | Rs m | 1,089 | 2,001 | 54.4% | |
| Share capital | Rs m | 161 | 80 | 201.1% | |
| "Free" reserves | Rs m | 531 | 4,446 | 11.9% | |
| Net worth | Rs m | 698 | 4,529 | 15.4% | |
| Long term debt | Rs m | 386 | 0 | - | |
| Total assets | Rs m | 2,807 | 6,095 | 46.0% | |
| Interest coverage | x | 0.4 | 733.1 | 0.1% | |
| Debt to equity ratio | x | 0.6 | 0 | - | |
| Sales to assets ratio | x | 0.6 | 2.5 | 23.8% | |
| Return on assets | % | 2.2 | 10.1 | 21.6% | |
| Return on equity | % | -14.9 | 13.5 | -110.2% | |
| Return on capital | % | 5.6 | 19.4 | 28.8% | |
| Exports to sales | % | 0 | 0 | 0.0% | |
| Imports to sales | % | 0 | 10.1 | 0.0% | |
| Exports (fob) | Rs m | NA | 5 | 0.0% | |
| Imports (cif) | Rs m | NA | 1,522 | 0.0% | |
| Fx inflow | Rs m | 484 | 5 | 10,087.5% | |
| Fx outflow | Rs m | 0 | 2,001 | 0.0% | |
| Net fx | Rs m | 484 | -1,996 | -24.2% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 174 | 662 | 26.3% | |
| From Investments | Rs m | -129 | -275 | 46.9% | |
| From Financial Activity | Rs m | -73 | -379 | 19.4% | |
| Net Cashflow | Rs m | -28 | 9 | -323.0% | |
| Indian Promoters | % | 49.8 | 39.0 | 127.7% | |
| Foreign collaborators | % | 0.0 | 26.0 | - | |
| Indian inst/Mut Fund | % | 0.0 | 1.0 | - | |
| FIIs | % | 1.4 | 0.3 | 466.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 48.8 | 33.7 | 144.8% | |
| Shareholders | 7,444 | 9,908 | 75.1% | ||
| Pledged promoter(s) holding | % | 39.2 | 0.0 | - |
Compare ANG INDUSTRIES With: DENSO INDIA AMTEK AUTO FAG BEARINGS SWARAJ ENGINES SONA KOYO STEER
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