Munjal Showa Limited
Munjal Showa Limited manufactures and sells auto components for the two-wheeler and four-wheeler industry primarily in India and internationally. Its products include front forks, shock absorbers, struts, gas springs, and window balancers, as well as spring/rear door lifters and rear cushions. The company was incorporated in 1985 and is based in Gurugram, India.
Munjal Showa Limited (MUNJALSHOW) - Net Assets
Latest net assets as of September 2025: ₹6.67 Billion INR
Based on the latest financial reports, Munjal Showa Limited (MUNJALSHOW) has net assets worth ₹6.67 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹8.45 Billion) and total liabilities (₹1.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹6.67 Billion |
| % of Total Assets | 78.98% |
| Annual Growth Rate | 9.17% |
| 5-Year Change | 5.16% |
| 10-Year Change | 48.92% |
| Growth Volatility | 6.83 |
Munjal Showa Limited - Net Assets Trend (2006–2025)
This chart illustrates how Munjal Showa Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Munjal Showa Limited (2006–2025)
The table below shows the annual net assets of Munjal Showa Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹6.74 Billion | +1.54% |
| 2024-03-31 | ₹6.64 Billion | +2.00% |
| 2023-03-31 | ₹6.51 Billion | +2.17% |
| 2022-03-31 | ₹6.37 Billion | -0.62% |
| 2021-03-31 | ₹6.41 Billion | +1.40% |
| 2020-03-31 | ₹6.33 Billion | +3.59% |
| 2019-03-31 | ₹6.11 Billion | +7.20% |
| 2018-03-31 | ₹5.70 Billion | +11.11% |
| 2017-03-31 | ₹5.13 Billion | +13.19% |
| 2016-03-31 | ₹4.53 Billion | +10.27% |
| 2015-03-31 | ₹4.11 Billion | +15.33% |
| 2014-03-31 | ₹3.56 Billion | +18.35% |
| 2013-03-31 | ₹3.01 Billion | +17.47% |
| 2012-03-31 | ₹2.56 Billion | +26.20% |
| 2011-03-31 | ₹2.03 Billion | +12.42% |
| 2010-03-31 | ₹1.81 Billion | +9.23% |
| 2009-03-31 | ₹1.65 Billion | +7.36% |
| 2008-03-31 | ₹1.54 Billion | +6.92% |
| 2007-03-31 | ₹1.44 Billion | +13.05% |
| 2006-03-31 | ₹1.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Munjal Showa Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 307395600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.07 Billion | 45.58% |
| Common Stock | ₹79.99 Million | 1.19% |
| Other Comprehensive Income | ₹3.59 Billion | 53.24% |
| Total Equity | ₹6.74 Billion | 100.00% |
Munjal Showa Limited Competitors by Market Cap
The table below lists competitors of Munjal Showa Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yura Tech. Co. Ltd
KQ:048430
|
$17.80 Million |
|
GLOSTER LTD (BSE)
NSE:GLOSTERLTD
|
$17.80 Million |
|
Longduoduo Company Limited
PINK:LDDD
|
$17.81 Million |
|
ONDO INSURTECH LS -05
F:1AI
|
$17.81 Million |
|
Thanapiriya Public Company Limited
BK:TNP
|
$17.80 Million |
|
Tah Kong Chemical Industrial
TWO:4706
|
$17.79 Million |
|
SEAL Incorporated Bhd
KLSE:4286
|
$17.79 Million |
|
ParaZero Technologies Ltd. Ordinary Shares
NASDAQ:PRZO
|
$17.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Munjal Showa Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,642,503,000 to 6,744,734,000, a change of 102,231,000 (1.5%).
- Net income of 288,698,000 contributed positively to equity growth.
- Dividend payments of 179,862,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,590,782,001.
- Other factors decreased equity by 3,597,387,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹288.70 Million | +4.28% |
| Dividends Paid | ₹179.86 Million | -2.67% |
| Other Comprehensive Income | ₹3.59 Billion | +53.24% |
| Other Changes | ₹-3.60 Billion | -53.34% |
| Total Change | ₹- | 1.54% |
Book Value vs Market Value Analysis
This analysis compares Munjal Showa Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.81x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹31.85 | ₹121.29 | x |
| 2007-03-31 | ₹36.01 | ₹121.29 | x |
| 2008-03-31 | ₹38.50 | ₹121.29 | x |
| 2009-03-31 | ₹41.33 | ₹121.29 | x |
| 2010-03-31 | ₹45.14 | ₹121.29 | x |
| 2011-03-31 | ₹50.75 | ₹121.29 | x |
| 2012-03-31 | ₹64.05 | ₹121.29 | x |
| 2013-03-31 | ₹75.71 | ₹121.29 | x |
| 2014-03-31 | ₹89.04 | ₹121.29 | x |
| 2015-03-31 | ₹102.69 | ₹121.29 | x |
| 2016-03-31 | ₹113.74 | ₹121.29 | x |
| 2017-03-31 | ₹128.18 | ₹121.29 | x |
| 2018-03-31 | ₹142.42 | ₹121.29 | x |
| 2019-03-31 | ₹152.68 | ₹121.29 | x |
| 2020-03-31 | ₹158.16 | ₹121.29 | x |
| 2021-03-31 | ₹160.37 | ₹121.29 | x |
| 2022-03-31 | ₹159.37 | ₹121.29 | x |
| 2023-03-31 | ₹162.83 | ₹121.29 | x |
| 2024-03-31 | ₹166.08 | ₹121.29 | x |
| 2025-03-31 | ₹168.24 | ₹121.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Munjal Showa Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.31%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 1.23x
- Recent ROE (4.28%) is below the historical average (12.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 15.88% | 3.40% | 2.36x | 1.98x | ₹74.93 Million |
| 2007 | 18.05% | 3.76% | 2.41x | 2.00x | ₹115.86 Million |
| 2008 | 12.55% | 2.72% | 2.28x | 2.02x | ₹39.22 Million |
| 2009 | 12.51% | 2.49% | 2.04x | 2.46x | ₹41.56 Million |
| 2010 | 13.63% | 2.49% | 2.11x | 2.59x | ₹65.55 Million |
| 2011 | 16.76% | 2.64% | 2.60x | 2.44x | ₹137.21 Million |
| 2012 | 26.21% | 4.31% | 2.89x | 2.10x | ₹415.13 Million |
| 2013 | 20.04% | 3.84% | 2.97x | 1.76x | ₹304.00 Million |
| 2014 | 19.57% | 4.36% | 2.78x | 1.61x | ₹340.88 Million |
| 2015 | 18.41% | 4.60% | 2.68x | 1.49x | ₹345.57 Million |
| 2016 | 13.44% | 4.07% | 2.46x | 1.34x | ₹156.62 Million |
| 2017 | 11.84% | 4.16% | 2.16x | 1.32x | ₹94.46 Million |
| 2018 | 13.61% | 4.91% | 1.99x | 1.39x | ₹205.52 Million |
| 2019 | 10.25% | 3.81% | 2.08x | 1.30x | ₹15.32 Million |
| 2020 | 6.72% | 3.33% | 1.68x | 1.20x | ₹-207.18 Million |
| 2021 | 4.08% | 2.41% | 1.35x | 1.25x | ₹-379.99 Million |
| 2022 | 1.91% | 1.15% | 1.35x | 1.23x | ₹-515.88 Million |
| 2023 | 4.90% | 2.57% | 1.53x | 1.24x | ₹-332.21 Million |
| 2024 | 4.63% | 2.62% | 1.45x | 1.22x | ₹-356.59 Million |
| 2025 | 4.28% | 2.31% | 1.51x | 1.23x | ₹-385.78 Million |
Industry Comparison
This section compares Munjal Showa Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Munjal Showa Limited (MUNJALSHOW) | ₹6.67 Billion | 15.88% | 0.27x | $17.80 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $816.27 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $18.73 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $221.89 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $86.08 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $11.92 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $1.99 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $286.08 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $541.77 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.17 Billion |