X
Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.
This is an entirely free service. No payments are to be made.Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.
This is an entirely free service. No payments are to be made.
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
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
NRB Bearings Ltd was founded in 1965 as a joint venture with French company Nadella. The company is in the ball and roller bearings business. Since its inception the company has pioneered the production of needle roller bearings in India. NRB
| MUNJAL SHOWA | NRB BEARINGS | MUNJAL SHOWA/ NRB BEARINGS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 16.0 | 23.5 | 68.0% | View Chart |
| P/BV | x | 2.0 | 4.0 | 50.2% | View Chart |
| Dividend Yield | % | 1.8 | 1.2 | 153.9% |
 MUNJAL SHOWA  NRB BEARINGS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| MUNJAL SHOWA Mar-16 |
NRB BEARINGS Mar-17 |
MUNJAL SHOWA/ NRB BEARINGS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 234 | 141 | 165.6% | |
| Low | Rs | 150 | 103 | 145.6% | |
| Sales per share (Unadj.) | Rs | 375.5 | 75.1 | 500.1% | |
| Earnings per share (Unadj.) | Rs | 15.3 | 5.7 | 267.5% | |
| Cash flow per share (Unadj.) | Rs | 22.6 | 9.0 | 249.9% | |
| Dividends per share (Unadj.) | Rs | 4.00 | 1.40 | 285.7% | |
| Dividend yield (eoy) | % | 2.1 | 1.1 | 181.8% | |
| Book value per share (Unadj.) | Rs | 113.2 | 30.6 | 369.9% | |
| Shares outstanding (eoy) | m | 40.00 | 96.92 | 41.3% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.5 | 1.6 | 31.4% | |
| Avg P/E ratio | x | 12.5 | 21.4 | 58.7% | |
| P/CF ratio (eoy) | x | 8.5 | 13.5 | 62.9% | |
| Price / Book Value ratio | x | 1.7 | 4.0 | 42.5% | |
| Dividend payout | % | 26.2 | 24.5 | 106.8% | |
| Avg Mkt Cap | Rs m | 7,670 | 11,824 | 64.9% | |
| No. of employees | `000 | 3.5 | 1.6 | 213.9% | |
| Total wages/salary | Rs m | 1,009 | 1,302 | 77.4% | |
| Avg. sales/employee | Rs Th | 4,351.9 | 4,510.8 | 96.5% | |
| Avg. wages/employee | Rs Th | 292.2 | 807.3 | 36.2% | |
| Avg. net profit/employee | Rs Th | 177.2 | 343.3 | 51.6% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 15,018 | 7,276 | 206.4% | |
| Other income | Rs m | 52 | 78 | 66.8% | |
| Total revenues | Rs m | 15,070 | 7,354 | 204.9% | |
| Gross profit | Rs m | 1,121 | 1,193 | 93.9% | |
| Depreciation | Rs m | 293 | 323 | 90.6% | |
| Interest | Rs m | 1 | 169 | 0.7% | |
| Profit before tax | Rs m | 879 | 779 | 112.8% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 267 | 225 | 118.5% | |
| Profit after tax | Rs m | 612 | 554 | 110.4% | |
| Gross profit margin | % | 7.5 | 16.4 | 45.5% | |
| Effective tax rate | % | 30.4 | 28.9 | 105.1% | |
| Net profit margin | % | 4.1 | 7.6 | 53.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 3,596 | 4,435 | 81.1% | |
| Current liabilities | Rs m | 1,467 | 2,876 | 51.0% | |
| Net working cap to sales | % | 14.2 | 21.4 | 66.2% | |
| Current ratio | x | 2.5 | 1.5 | 158.9% | |
| Inventory Days | Days | 15 | 86 | 17.8% | |
| Debtors Days | Days | 48 | 111 | 43.6% | |
| Net fixed assets | Rs m | 2,001 | 2,553 | 78.4% | |
| Share capital | Rs m | 80 | 194 | 41.3% | |
| "Free" reserves | Rs m | 4,446 | 2,773 | 160.3% | |
| Net worth | Rs m | 4,529 | 2,967 | 152.7% | |
| Long term debt | Rs m | 0 | 1,075 | 0.0% | |
| Total assets | Rs m | 6,095 | 7,428 | 82.1% | |
| Interest coverage | x | 733.1 | 5.6 | 13,035.5% | |
| Debt to equity ratio | x | 0 | 0.4 | 0.0% | |
| Sales to assets ratio | x | 2.5 | 1.0 | 251.5% | |
| Return on assets | % | 10.1 | 9.7 | 103.4% | |
| Return on equity | % | 13.5 | 18.7 | 72.3% | |
| Return on capital | % | 19.4 | 23.4 | 82.8% | |
| Exports to sales | % | 0 | 16.7 | 0.2% | |
| Imports to sales | % | 10.1 | 11.6 | 87.1% | |
| Exports (fob) | Rs m | 5 | 1,215 | 0.4% | |
| Imports (cif) | Rs m | 1,522 | 846 | 179.8% | |
| Fx inflow | Rs m | 5 | 1,245 | 0.4% | |
| Fx outflow | Rs m | 2,001 | 1,044 | 191.6% | |
| Net fx | Rs m | -1,996 | 201 | -995.1% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 662 | 854 | 77.6% | |
| From Investments | Rs m | -275 | -261 | 105.4% | |
| From Financial Activity | Rs m | -379 | -690 | 54.9% | |
| Net Cashflow | Rs m | 9 | -97 | -9.0% | |
| Indian Promoters | % | 39.0 | 60.1 | 64.9% | |
| Foreign collaborators | % | 26.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.0 | 4.8 | 20.8% | |
| FIIs | % | 0.3 | 19.0 | 1.6% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 33.7 | 16.1 | 209.3% | |
| Shareholders | 9,908 | 9,147 | 108.3% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare MUNJAL SHOWA With: ANG INDUSTRIES MOTHERSON SUMI WABCO INDIA SUPRAJIT ENGG EXIDE INDUSTRIES
|
| |
Benchmark indices in US corrected marginally by 0.8% during the week. Minutes of Federal Reserve's July meeting are out and the situation looks to be in favor of the emerging markets.
Atul Auto has reported a 11.2% YoY decline in the topline while the bottomline has declined by 23% YoY.
Bharat Forge has announced its financial results for the second quarter of the financial year 2016-17 (2QFY17). During the quarter, revenues declined by 20.1% YoY and net profits declined by 26.3%.
Good show amid the broad based recovery
Equitymaster analyses Initial Public Offering (IPO) of Endurance Technologies Limited
Should you subscribe to GNA Axle IPO?
More Views on NewsThe data tells us quite a different story from the one the government is trying to project.
Don't miss these proxy bets on growing companies or in a few years you will be looking back with regret.
Bharat-22 is one of the most diverse ETFs offered so far by the Government. Know here if you should invest...
The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.
Raksha Bandhan signifies the brother-sister bond. Here are 7 thoughtful financial gifts for sisters...
More|
| |
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | Advertise | About | Sitemap
Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
