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- MUNJAL SHOWA - ZF STEERING
MUNJAL SHOWA vs ZF STEERING - Comparison Results
MUNJAL SHOWA Change
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
ZF STEERING 
ZF Steering Gear started in 1981 to manufacture Mechanical - worm & roller and integral hydraulic power steering gears in financial and technical collaboration with ZF Friedrichafen AG Germany, the world's largest independent steering gears
Current Valuations
| MUNJAL SHOWA | ZF STEERING | MUNJAL SHOWA/ ZF STEERING |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 13.5 | -33.3 | - | View Chart |
| P/BV | x | 1.0 | 1.1 | 94.2% | View Chart |
| Dividend Yield | % | 2.9 | 0.0 | - |
Financials
 MUNJAL SHOWA  ZF STEERING |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| MUNJAL SHOWA Mar-19 |
ZF STEERING Mar-19 |
MUNJAL SHOWA/ ZF STEERING |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 261 | 1,270 | 20.6% | |
| Low | Rs | 146 | 653 | 22.4% | |
| Sales per share (Unadj.) | Rs | 417.3 | 484.5 | 86.1% | |
| Earnings per share (Unadj.) | Rs | 15.6 | 48.4 | 32.4% | |
| Cash flow per share (Unadj.) | Rs | 22.1 | 82.6 | 26.8% | |
| Dividends per share (Unadj.) | Rs | 4.50 | 0 | - | |
| Dividend yield (eoy) | % | 2.2 | 0 | - | |
| Book value per share (Unadj.) | Rs | 152.7 | 369.7 | 41.3% | |
| Shares outstanding (eoy) | m | 40.00 | 9.07 | 441.0% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.5 | 2.0 | 24.6% | |
| Avg P/E ratio | x | 13.0 | 19.9 | 65.4% | |
| P/CF ratio (eoy) | x | 9.2 | 11.6 | 79.0% | |
| Price / Book Value ratio | x | 1.3 | 2.6 | 51.3% | |
| Dividend payout | % | 28.8 | 0 | - | |
| Avg Mkt Cap | Rs m | 8,140 | 8,721 | 93.3% | |
| No. of employees | `000 | 3.1 | 0.4 | 764.7% | |
| Total wages/salary | Rs m | 1,325 | 515 | 257.3% | |
| Avg. sales/employee | Rs Th | 5,390.0 | 10,849.9 | 49.7% | |
| Avg. wages/employee | Rs Th | 427.7 | 1,271.1 | 33.6% | |
| Avg. net profit/employee | Rs Th | 202.1 | 1,083.2 | 18.7% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 16,693 | 4,394 | 379.9% | |
| Other income | Rs m | 234 | 89 | 263.0% | |
| Total revenues | Rs m | 16,927 | 4,483 | 377.6% | |
| Gross profit | Rs m | 882 | 555 | 158.8% | |
| Depreciation | Rs m | 259 | 310 | 83.6% | |
| Interest | Rs m | 1 | 19 | 5.2% | |
| Profit before tax | Rs m | 855 | 315 | 272.0% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 230 | -124 | -184.8% | |
| Profit after tax | Rs m | 626 | 439 | 142.7% | |
| Gross profit margin | % | 5.3 | 12.6 | 41.8% | |
| Effective tax rate | % | 26.8 | -39.5 | -67.9% | |
| Net profit margin | % | 3.7 | 10.0 | 37.6% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 5,383 | 1,366 | 394.1% | |
| Current liabilities | Rs m | 1,781 | 960 | 185.5% | |
| Net working cap to sales | % | 21.6 | 9.2 | 233.4% | |
| Current ratio | x | 3.0 | 1.4 | 212.4% | |
| Inventory Days | Days | 18 | 33 | 52.5% | |
| Debtors Days | Days | 44 | 64 | 67.8% | |
| Net fixed assets | Rs m | 1,457 | 1,372 | 106.2% | |
| Share capital | Rs m | 80 | 91 | 88.2% | |
| "Free" reserves | Rs m | 6,026 | 3,262 | 184.7% | |
| Net worth | Rs m | 6,106 | 3,353 | 182.1% | |
| Long term debt | Rs m | 0 | 210 | 0.0% | |
| Total assets | Rs m | 7,915 | 4,541 | 174.3% | |
| Interest coverage | x | 856.4 | 17.2 | 4,975.8% | |
| Debt to equity ratio | x | 0 | 0.1 | 0.0% | |
| Sales to assets ratio | x | 2.1 | 1.0 | 217.9% | |
| Return on assets | % | 7.9 | 10.1 | 78.5% | |
| Return on equity | % | 10.3 | 13.1 | 78.3% | |
| Return on capital | % | 14.0 | 9.4 | 149.6% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 8.0 | 0.0% | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | 353 | 0.0% | |
| Fx inflow | Rs m | 11 | 91 | 12.0% | |
| Fx outflow | Rs m | 2,142 | 18 | 12,083.2% | |
| Net fx | Rs m | -2,131 | 73 | -2,909.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 410 | 722 | 56.8% | |
| From Investments | Rs m | 35 | -420 | -8.3% | |
| From Financial Activity | Rs m | -218 | -287 | 75.9% | |
| Net Cashflow | Rs m | 227 | 14 | 1,606.4% | |
Share Holding
| Indian Promoters | % | 39.0 | 47.9 | 81.4% | |
| Foreign collaborators | % | 26.0 | 25.8 | 100.8% | |
| Indian inst/Mut Fund | % | 1.0 | 0.1 | 1,000.0% | |
| FIIs | % | 0.3 | 0.1 | 300.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 33.7 | 26.2 | 128.6% | |
| Shareholders | 9,908 | 7,851 | 126.2% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare MUNJAL SHOWA With: SCHAEFFLER INDIA NRB BEARINGS ASAHI INDIA OMAX AUTOS ANG INDUSTRIES
Today's Market
A Time Correction in the Nifty(Momentum Moves)
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Related Views on News
MUNJAL SHOWA Announces Quarterly Results (3QFY20); Net Profit Down 59.5% (Quarterly Result Update)
Jan 30, 2020 | Updated on Jan 30, 2020For the quarter ended December 2019, MUNJAL SHOWA has posted a net profit of Rs 50 m (down 59.5% YoY). Sales on the other hand came in at Rs 3 bn (down 22.4% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.
ZF STEERING Announces Quarterly Results (3QFY20); Net Profit Down 112.6% (Quarterly Result Update)
Jan 20, 2020 | Updated on Jan 20, 2020For the quarter ended December 2019, ZF STEERING has posted a net profit of Rs 11 m (down 112.6% YoY). Sales on the other hand came in at Rs 639 m (down 41.5% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
MUNJAL SHOWA Announces Quarterly Results (2QFY20); Net Profit Down 39.8% (Quarterly Result Update)
Nov 12, 2019 | Updated on Nov 12, 2019For the quarter ended September 2019, MUNJAL SHOWA has posted a net profit of Rs 115 m (down 39.8% YoY). Sales on the other hand came in at Rs 4 bn (down 24.4% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.
ZF STEERING Announces Quarterly Results (2QFY20); Net Profit Down 109.3% (Quarterly Result Update)
Oct 17, 2019 | Updated on Oct 17, 2019For the quarter ended September 2019, ZF STEERING has posted a net profit of Rs 8 m (down 109.3% YoY). Sales on the other hand came in at Rs 669 m (down 38.5% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
MUNJAL SHOWA 2018-19 Annual Report Analysis (Annual Result Update)
Sep 16, 2019 | Updated on Sep 16, 2019Here's an analysis of the annual report of MUNJAL SHOWA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of MUNJAL SHOWA. Also includes updates on the valuation of MUNJAL SHOWA.
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Mar 5, 2021 (Close)
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