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ChangeMunjal 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
Exide is India's largest storage battery company. The company manufactures a wide range of storage batteries from 2.5 Ah to 15,000 Ah capacities, covering a broad spectrum of applications. It is the leader in the automotive batteries space with a 72%... More
| MUNJAL SHOWA | EXIDE INDUSTRIES | MUNJAL SHOWA/ EXIDE INDUSTRIES |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 16.0 | 25.6 | 62.4% | View Chart |
| P/BV | x | 2.0 | 4.1 | 48.6% | View Chart |
| Dividend Yield | % | 1.8 | 1.1 | 154.2% |
 MUNJAL SHOWA  EXIDE INDUSTRIES |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| MUNJAL SHOWA Mar-16 |
EXIDE INDUSTRIES Mar-16 |
MUNJAL SHOWA/ EXIDE INDUSTRIES |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 234 | 193 | 121.0% | |
| Low | Rs | 150 | 116 | 129.3% | |
| Sales per share (Unadj.) | Rs | 375.5 | 111.5 | 336.7% | |
| Earnings per share (Unadj.) | Rs | 15.3 | 8.4 | 182.1% | |
| Cash flow per share (Unadj.) | Rs | 22.6 | 10.5 | 215.1% | |
| Dividends per share (Unadj.) | Rs | 4.00 | 2.40 | 166.7% | |
| Dividend yield (eoy) | % | 2.1 | 1.6 | 134.3% | |
| Book value per share (Unadj.) | Rs | 113.2 | 50.9 | 222.2% | |
| Shares outstanding (eoy) | m | 40.00 | 850.00 | 4.7% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.5 | 1.4 | 36.9% | |
| Avg P/E ratio | x | 12.5 | 18.4 | 68.2% | |
| P/CF ratio (eoy) | x | 8.5 | 14.7 | 57.7% | |
| Price / Book Value ratio | x | 1.7 | 3.0 | 55.8% | |
| Dividend payout | % | 26.2 | 28.6 | 91.5% | |
| Avg Mkt Cap | Rs m | 7,670 | 131,325 | 5.8% | |
| No. of employees | `000 | 3.5 | 5.3 | 65.1% | |
| Total wages/salary | Rs m | 1,009 | 8,511 | 11.8% | |
| Avg. sales/employee | Rs Th | 4,351.9 | 17,889.1 | 24.3% | |
| Avg. wages/employee | Rs Th | 292.2 | 1,606.2 | 18.2% | |
| Avg. net profit/employee | Rs Th | 177.2 | 1,346.9 | 13.2% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 15,018 | 94,794 | 15.8% | |
| Other income | Rs m | 52 | 1,351 | 3.8% | |
| Total revenues | Rs m | 15,070 | 96,145 | 15.7% | |
| Gross profit | Rs m | 1,121 | 10,551 | 10.6% | |
| Depreciation | Rs m | 293 | 1,800 | 16.3% | |
| Interest | Rs m | 1 | 17 | 7.3% | |
| Profit before tax | Rs m | 879 | 10,086 | 8.7% | |
| Minority Interest | Rs m | 0 | -27 | 0.0% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 267 | 2,922 | 9.1% | |
| Profit after tax | Rs m | 612 | 7,137 | 8.6% | |
| Gross profit margin | % | 7.5 | 11.1 | 67.0% | |
| Effective tax rate | % | 30.4 | 29.0 | 104.9% | |
| Net profit margin | % | 4.1 | 7.5 | 54.1% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 3,596 | 41,773 | 8.6% | |
| Current liabilities | Rs m | 1,467 | 23,903 | 6.1% | |
| Net working cap to sales | % | 14.2 | 18.9 | 75.2% | |
| Current ratio | x | 2.5 | 1.7 | 140.2% | |
| Inventory Days | Days | 15 | 48 | 32.0% | |
| Debtors Days | Days | 48 | 28 | 174.0% | |
| Net fixed assets | Rs m | 2,001 | 16,021 | 12.5% | |
| Share capital | Rs m | 80 | 850 | 9.4% | |
| "Free" reserves | Rs m | 4,446 | 41,371 | 10.7% | |
| Net worth | Rs m | 4,529 | 43,304 | 10.5% | |
| Long term debt | Rs m | 0 | 19 | 0.0% | |
| Total assets | Rs m | 6,095 | 153,260 | 4.0% | |
| Interest coverage | x | 733.1 | 612.3 | 119.7% | |
| Debt to equity ratio | x | 0 | 0 | 0.0% | |
| Sales to assets ratio | x | 2.5 | 0.6 | 398.4% | |
| Return on assets | % | 10.1 | 4.7 | 215.4% | |
| Return on equity | % | 13.5 | 16.5 | 81.9% | |
| Return on capital | % | 19.4 | 23.3 | 83.5% | |
| Exports to sales | % | 0 | 2.5 | 1.3% | |
| Imports to sales | % | 10.1 | 7.5 | 135.6% | |
| Exports (fob) | Rs m | 5 | 2,324 | 0.2% | |
| Imports (cif) | Rs m | 1,522 | 7,085 | 21.5% | |
| Fx inflow | Rs m | 5 | 2,344 | 0.2% | |
| Fx outflow | Rs m | 2,001 | 8,254 | 24.2% | |
| Net fx | Rs m | -1,996 | -5,910 | 33.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 662 | 16,167 | 4.1% | |
| From Investments | Rs m | -275 | -13,505 | 2.0% | |
| From Financial Activity | Rs m | -379 | -1,823 | 20.8% | |
| Net Cashflow | Rs m | 9 | 839 | 1.0% | |
| Indian Promoters | % | 39.0 | 0.0 | - | |
| Foreign collaborators | % | 26.0 | 46.0 | 56.5% | |
| Indian inst/Mut Fund | % | 1.0 | 17.2 | 5.8% | |
| FIIs | % | 0.3 | 17.3 | 1.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 33.7 | 19.6 | 171.9% | |
| Shareholders | 9,908 | 91,581 | 10.8% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare MUNJAL SHOWA With: AMTEK AUTO OMAX AUTOS. NRB BEARINGS WHEELS INDIA SUPRAJIT ENGG
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