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- MUNJAL SHOWA - ZF STEERING
MUNJAL SHOWA vs ZF STEERING - Comparison Results
MUNJAL SHOWA 
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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
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 | 8.1 | 8.6 | 94.5% | View Chart |
| P/BV | x | 1.1 | 1.4 | 77.4% | View Chart |
| Dividend Yield | % | 2.9 | 1.7 | 169.1% |
Financials
 MUNJAL SHOWA  ZF STEERING |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| MUNJAL SHOWA Mar-18 |
ZF STEERING Mar-18 |
MUNJAL SHOWA/ ZF STEERING |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 312 | 1,537 | 20.3% | |
| Low | Rs | 184 | 1,000 | 18.4% | |
| Sales per share (Unadj.) | Rs | 395.4 | 468.1 | 84.5% | |
| Earnings per share (Unadj.) | Rs | 19.4 | 47.7 | 40.7% | |
| Cash flow per share (Unadj.) | Rs | 26.4 | 84.4 | 31.3% | |
| Dividends per share (Unadj.) | Rs | 4.50 | 8.00 | 56.3% | |
| Dividend yield (eoy) | % | 1.8 | 0.6 | 287.7% | |
| Book value per share (Unadj.) | Rs | 142.4 | 331.4 | 43.0% | |
| Shares outstanding (eoy) | m | 40.00 | 9.07 | 441.0% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.6 | 2.7 | 23.2% | |
| Avg P/E ratio | x | 12.8 | 26.6 | 48.1% | |
| P/CF ratio (eoy) | x | 9.4 | 15.0 | 62.4% | |
| Price / Book Value ratio | x | 1.7 | 3.8 | 45.5% | |
| Dividend payout | % | 23.2 | 16.8 | 138.4% | |
| Avg Mkt Cap | Rs m | 9,922 | 11,505 | 86.2% | |
| No. of employees | `000 | 3.3 | 0.7 | 451.1% | |
| Total wages/salary | Rs m | 1,251 | 492 | 254.2% | |
| Avg. sales/employee | Rs Th | 4,789.3 | 5,800.0 | 82.6% | |
| Avg. wages/employee | Rs Th | 378.7 | 672.0 | 56.4% | |
| Avg. net profit/employee | Rs Th | 234.7 | 590.6 | 39.7% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 15,814 | 4,246 | 372.5% | |
| Other income | Rs m | 207 | 114 | 181.9% | |
| Total revenues | Rs m | 16,021 | 4,359 | 367.5% | |
| Gross profit | Rs m | 1,131 | 827 | 136.8% | |
| Depreciation | Rs m | 282 | 333 | 84.8% | |
| Interest | Rs m | 2 | 32 | 4.7% | |
| Profit before tax | Rs m | 1,054 | 575 | 183.2% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 279 | 143 | 194.9% | |
| Profit after tax | Rs m | 775 | 432 | 179.3% | |
| Gross profit margin | % | 7.2 | 19.5 | 36.7% | |
| Effective tax rate | % | 26.5 | 24.9 | 106.4% | |
| Net profit margin | % | 4.9 | 10.2 | 48.1% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 5,778 | 1,520 | 380.0% | |
| Current liabilities | Rs m | 2,207 | 1,138 | 193.9% | |
| Net working cap to sales | % | 22.6 | 9.0 | 250.8% | |
| Current ratio | x | 2.6 | 1.3 | 196.0% | |
| Inventory Days | Days | 15 | 34 | 42.7% | |
| Debtors Days | Days | 57 | 79 | 71.2% | |
| Net fixed assets | Rs m | 1,580 | 1,067 | 148.1% | |
| Share capital | Rs m | 80 | 91 | 88.2% | |
| "Free" reserves | Rs m | 5,616 | 2,915 | 192.7% | |
| Net worth | Rs m | 5,696 | 3,006 | 189.5% | |
| Long term debt | Rs m | 0 | 146 | 0.0% | |
| Total assets | Rs m | 7,933 | 4,319 | 183.7% | |
| Interest coverage | x | 703.7 | 18.9 | 3,729.1% | |
| Debt to equity ratio | x | 0 | 0 | 0.0% | |
| Sales to assets ratio | x | 2.0 | 1.0 | 202.8% | |
| Return on assets | % | 9.8 | 10.8 | 91.0% | |
| Return on equity | % | 13.6 | 14.4 | 94.6% | |
| Return on capital | % | 18.5 | 19.3 | 96.1% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 7.3 | 0.0% | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | 309 | 0.0% | |
| Fx inflow | Rs m | 2 | 86 | 2.3% | |
| Fx outflow | Rs m | 1,913 | 322 | 594.7% | |
| Net fx | Rs m | -1,911 | -236 | 809.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 962 | 675 | 142.5% | |
| From Investments | Rs m | -633 | -546 | 115.9% | |
| From Financial Activity | Rs m | -194 | -105 | 185.1% | |
| Net Cashflow | Rs m | 135 | 25 | 551.8% | |
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: JTEKT INDIA RICO AUTO PRICOL LIMITED WHEELS INDIA CASTEX TECHNOLOGIES
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ZF STEERING Announces Quarterly Results (3QFY19); Net Profit Down 29.3% (Quarterly Result Update)
Feb 5, 2019 | Updated on Feb 5, 2019For the quarter ended December 2018, ZF STEERING has posted a net profit of Rs 89 m (down 29.3% YoY). Sales on the other hand came in at Rs 1 bn (up 8.2% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
ZF STEERING 2017-18 Annual Report Analysis (Annual Result Update)
Jan 1, 2019 | Updated on Jan 1, 2019Here's an analysis of the annual report of ZF STEERING for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ZF STEERING. Also includes updates on the valuation of ZF STEERING.
MUNJAL SHOWA 2017-18 Annual Report Analysis (Annual Result Update)
Dec 18, 2018 | Updated on Dec 18, 2018Here's an analysis of the annual report of MUNJAL SHOWA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of MUNJAL SHOWA. Also includes updates on the valuation of MUNJAL SHOWA.
MUNJAL SHOWA Announces Quarterly Results (2QFY19); Net Profit Down 4.7% (Quarterly Result Update)
Nov 12, 2018 | Updated on Nov 12, 2018For the quarter ended September 2018, MUNJAL SHOWA has posted a net profit of Rs 190 m (down 4.7% YoY). Sales on the other hand came in at Rs 5 bn (up 12.1% YoY). Read on for a complete analysis of MUNJAL SHOWA's quarterly results.
ZF STEERING Announces Quarterly Results (2QFY19); Net Profit Down 17.0% (Quarterly Result Update)
Nov 9, 2018 | Updated on Nov 9, 2018For the quarter ended September 2018, ZF STEERING has posted a net profit of Rs 87 m (down 17.0% YoY). Sales on the other hand came in at Rs 1 bn (down 1.0% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
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May 24, 2019 (Close)
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