Munjal Showa Limited (MUNJALSHOW) - Net Assets
Based on the latest financial reports, Munjal Showa Limited (MUNJALSHOW) has net assets worth Rs6.78 Billion INR (≈ $73.33 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.65 Billion ≈ $93.54 Million USD) and total liabilities (Rs1.87 Billion ≈ $20.21 Million USD). 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. Check MUNJALSHOW intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.78 Billion |
| % of Total Assets | 78.39% |
| Annual Growth Rate | 8.72% |
| 5-Year Change | 6.38% |
| 10-Year Change | 32.25% |
| Growth Volatility | 6.93 |
Munjal Showa Limited - Net Assets Trend (2006–2026)
This chart illustrates how Munjal Showa Limited's net assets have evolved over time, based on quarterly financial data. See MUNJALSHOW days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Munjal Showa Limited (2006–2026)
The table below shows the annual net assets of Munjal Showa Limited from 2006 to 2026. For live valuation and market cap data, see MUNJALSHOW market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs6.78 Billion ≈ $73.33 Million |
+0.53% |
| 2025-03-31 | Rs6.74 Billion ≈ $72.94 Million |
+1.54% |
| 2024-03-31 | Rs6.64 Billion ≈ $71.84 Million |
+2.00% |
| 2023-03-31 | Rs6.51 Billion ≈ $70.43 Million |
+2.17% |
| 2022-03-31 | Rs6.37 Billion ≈ $68.93 Million |
-0.62% |
| 2021-03-31 | Rs6.41 Billion ≈ $69.36 Million |
+1.40% |
| 2020-03-31 | Rs6.33 Billion ≈ $68.41 Million |
+3.59% |
| 2019-03-31 | Rs6.11 Billion ≈ $66.04 Million |
+7.20% |
| 2018-03-31 | Rs5.70 Billion ≈ $61.60 Million |
+11.11% |
| 2017-03-31 | Rs5.13 Billion ≈ $55.44 Million |
+13.19% |
| 2016-03-31 | Rs4.53 Billion ≈ $48.98 Million |
+10.27% |
| 2015-03-31 | Rs4.11 Billion ≈ $44.42 Million |
+15.33% |
| 2014-03-31 | Rs3.56 Billion ≈ $38.51 Million |
+18.35% |
| 2013-03-31 | Rs3.01 Billion ≈ $32.54 Million |
+17.47% |
| 2012-03-31 | Rs2.56 Billion ≈ $27.70 Million |
+26.20% |
| 2011-03-31 | Rs2.03 Billion ≈ $21.95 Million |
+12.42% |
| 2010-03-31 | Rs1.81 Billion ≈ $19.53 Million |
+9.23% |
| 2009-03-31 | Rs1.65 Billion ≈ $17.88 Million |
+7.36% |
| 2008-03-31 | Rs1.54 Billion ≈ $16.65 Million |
+6.92% |
| 2007-03-31 | Rs1.44 Billion ≈ $15.57 Million |
+13.05% |
| 2006-03-31 | Rs1.27 Billion ≈ $13.78 Million |
-- |
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs79.99 Million | 1.18% |
| Other Components | Rs6.70 Billion | 98.82% |
| Total Equity | Rs6.78 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 |
|---|---|
|
Hoa Tho Textile - Garment Joint Stock Corp
VN:HTG
|
$56.08 Million |
|
Concejo AB (publ)
ST:CNCJO-B
|
$56.09 Million |
|
BEST Inc
NYSE:BEST
|
$56.09 Million |
|
Notion Vtec Bhd
KLSE:0083
|
$56.13 Million |
|
Thunderbird Entertainment Group Inc
V:TBRD
|
$56.05 Million |
|
Dhunseri Investments Limited
NSE:DHUNINV
|
$56.05 Million |
|
5E ADVANCED MATLS NEW
F:J9I1
|
$56.04 Million |
|
Kerjaya Prospek Property Bhd
KLSE:7077
|
$56.02 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 2025 to 2026, total equity changed from 6,744,734,000 to 6,780,271,000, a change of 35,537,000 (0.5%).
- Net income of 218,717,000 contributed positively to equity growth.
- Dividend payments of 180,181,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,590,785,000.
- Other factors increased equity by 3,587,786,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs218.72 Million | +3.23% |
| Dividends Paid | Rs180.18 Million | -2.66% |
| Other Comprehensive Income | Rs-3.59 Billion | -52.96% |
| Other Changes | Rs3.59 Billion | +52.92% |
| Total Change | Rs- | 0.53% |
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: 0.76x
- 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 4.07x to 0.76x 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 | Rs31.85 | Rs129.64 | x |
| 2007-03-31 | Rs36.01 | Rs129.64 | x |
| 2008-03-31 | Rs38.50 | Rs129.64 | x |
| 2009-03-31 | Rs41.33 | Rs129.64 | x |
| 2010-03-31 | Rs45.14 | Rs129.64 | x |
| 2011-03-31 | Rs50.75 | Rs129.64 | x |
| 2012-03-31 | Rs64.05 | Rs129.64 | x |
| 2013-03-31 | Rs75.71 | Rs129.64 | x |
| 2014-03-31 | Rs89.04 | Rs129.64 | x |
| 2015-03-31 | Rs102.69 | Rs129.64 | x |
| 2016-03-31 | Rs113.74 | Rs129.64 | x |
| 2017-03-31 | Rs128.18 | Rs129.64 | x |
| 2018-03-31 | Rs142.42 | Rs129.64 | x |
| 2019-03-31 | Rs152.68 | Rs129.64 | x |
| 2020-03-31 | Rs158.16 | Rs129.64 | x |
| 2021-03-31 | Rs160.37 | Rs129.64 | x |
| 2022-03-31 | Rs159.37 | Rs129.64 | x |
| 2023-03-31 | Rs162.83 | Rs129.64 | x |
| 2024-03-31 | Rs166.08 | Rs129.64 | x |
| 2025-03-31 | Rs168.24 | Rs129.64 | x |
| 2026-03-31 | Rs169.57 | Rs129.64 | 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): 3.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.66%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 1.28x
- Recent ROE (3.23%) is below the historical average (12.02%), 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 | Rs74.93 Million |
| 2007 | 18.05% | 3.76% | 2.41x | 2.00x | Rs115.86 Million |
| 2008 | 12.55% | 2.72% | 2.28x | 2.02x | Rs39.22 Million |
| 2009 | 12.51% | 2.49% | 2.04x | 2.46x | Rs41.56 Million |
| 2010 | 13.63% | 2.49% | 2.11x | 2.59x | Rs65.55 Million |
| 2011 | 16.76% | 2.64% | 2.60x | 2.44x | Rs137.21 Million |
| 2012 | 26.21% | 4.31% | 2.89x | 2.10x | Rs415.13 Million |
| 2013 | 20.04% | 3.84% | 2.97x | 1.76x | Rs304.00 Million |
| 2014 | 19.57% | 4.36% | 2.78x | 1.61x | Rs340.88 Million |
| 2015 | 18.41% | 4.60% | 2.68x | 1.49x | Rs345.57 Million |
| 2016 | 13.44% | 4.07% | 2.46x | 1.34x | Rs156.62 Million |
| 2017 | 11.84% | 4.16% | 2.16x | 1.32x | Rs94.46 Million |
| 2018 | 13.61% | 4.91% | 1.99x | 1.39x | Rs205.52 Million |
| 2019 | 10.25% | 3.81% | 2.08x | 1.30x | Rs15.32 Million |
| 2020 | 6.72% | 3.33% | 1.68x | 1.20x | Rs-207.18 Million |
| 2021 | 4.08% | 2.41% | 1.35x | 1.25x | Rs-379.99 Million |
| 2022 | 1.91% | 1.15% | 1.35x | 1.23x | Rs-515.88 Million |
| 2023 | 4.90% | 2.57% | 1.53x | 1.24x | Rs-332.21 Million |
| 2024 | 4.63% | 2.62% | 1.45x | 1.22x | Rs-356.59 Million |
| 2025 | 4.28% | 2.31% | 1.51x | 1.23x | Rs-385.78 Million |
| 2026 | 3.23% | 1.66% | 1.52x | 1.28x | Rs-459.31 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: $10,366,605,260
- Average return on equity (ROE) among peers: 11.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Munjal Showa Limited (MUNJALSHOW) | Rs6.78 Billion | 15.88% | 0.28x | $56.07 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $1.98 Billion | 1.00% | 8.68x | $2.37 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $987.66 Million |
| Balkrishna Industries Limited (BALKRISIND) | $3.47 Billion | 23.92% | 1.79x | $4.67 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $5.89 Billion | 15.26% | 0.61x | $1.03 Billion |
| Bharat Gears Limited (BHARATGEAR) | $475.08 Million | 8.51% | 2.52x | $20.83 Million |
| Bosch Limited (BOSCHLTD) | $25.63 Billion | 23.77% | 0.52x | $12.77 Billion |
| CEAT Limited (CEATLTD) | $6.54 Billion | 4.20% | 3.39x | $1.52 Billion |
| CIE Automotive India Limited (CIEINDIA) | $46.34 Billion | 7.64% | 0.88x | $1.87 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $4.92 Billion | 4.23% | 1.80x | $2.45 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.10 Billion | 13.38% | 0.45x | $281.33 Million |
About 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.