MUNJAL SHOWA chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 270.39
Dividend & Yield4.50₹ (4.45%)
Beta 1.01
Market capitalization 4.05B
Operating cash flow N/A
ESG Scores unknown

Company description

Munjal Showa Limited designs, manufactures, and sells auto components for the two-wheeler and four-wheeler industry primarily in India. Its products comprise front forks, rear cushions, shock absorbers, struts, gas springs, rear door lifters, and window balancers. The company was incorporated in 1985 and is based in Gurugram, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 496.61M -409.04M -430.95M 254.5M
Total Cashflows From Investing Activities -633.64M 34.78M -822.99M 428.05M
Net Borrowings
Total Cash From Financing Activities -194.04M -218M -221.06M -181.19M
Change To Operating Activities 136.37M -70.71M -52.12M 95.62M
Issuance Of Stock
Net Income 775.14M 625.95M 425.37M 261.4M
Change In Cash 135.2M 226.51M -387.3M 71.42M
Effect Of Exchange Rate
Total Cash From Operating Activities 962.88M 409.74M 656.75M -175.43M
Depreciation 268.14M 242.97M 181.82M 141.86M
Change To Account Receivables -506.96M 458.5M 590.49M -565.13M
Other Cashflows From Financing Activities -34.06M -38.03M -41.25M -1.48M
Change To Netincome -207.99M -282.56M -154.75M -232.57M
Capital Expenditures -67.05M -143.4M -201.97M -53.1M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 1.05B 855.43M 584.51M 314.43M
Net Income 775.14M 625.95M 425.37M 261.4M
Selling General Administrative 1.26B 1.33B 1.21B 1.23B
Gross Profit 4.04B 4.02B 3.27B 2.62B
Ebit 848.7M 623.23M 343.05M 76.9M
Operating Income 848.7M 623.23M 343.05M 76.9M
Interest Expense -1.49M -1.03M -4.25M -1.48M
Income Tax Expense 278.88M 229.48M 159.14M 53.02M
Total Revenue 15.81B 16.69B 12.88B 10.85B
Cost Of Revenue 11.77B 12.67B 9.61B 8.23B
Total Other Income ExpenseNet 205.32M 232.21M 241.46M 237.52M
Net Income From Continuing Ops 775.14M 625.95M 425.37M 261.4M
Net Income Applicable To Common Shares 775.14M 625.95M 425.37M 261.4M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 2.24B 1.81B 1.29B 1.6B
Total Stockholder Equity 5.7B 6.11B 6.33B 6.41B
Other Current Liabilities 61.22M 73.65M 65.39M 58.55M
Total Assets 7.93B 7.91B 7.61B 8.01B
Common Stock 79.99M 79.99M 79.99M 79.99M
Other Current Assets 68.66M 99.16M 66.85M 18.99M
Retained Earnings 5.62B 6.06B 6.27B 6.35B
Treasury Stock 3k -32.49M -21.66M -14.65M
Cash 191.2M 417.71M 30.42M 101.84M
Total Current Liabilities 2.21B 1.78B 1.18B 1.48B
Other Stockholder Equity 3k -32.49M -21.66M -14.65M
Property, Plant, and Equipment 1.57B 1.44B 1.45B 1.34B
Total Current Assets 5.78B 5.38B 5.05B 5.46B
Net Tangible Assets 5.69B 6.09B 6.3B 6.4B
Net Receivables 2.46B 2.01B 1.42B 2.02B
Accounts Payable 1.85B 1.44B 1.01B 1.26B


Insider Transactions

Here are the insider transactions of stock shares related to MUNJAL SHOWA:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Enam Shares & Securities Pvt LtdD2022-02-02Promoter169.88k
Hitachi Automotive Systems, Ltd.D2021-01-01Promoter9.96M
Showa CorporationD2021-01-01Institution- Corporation9.96M
Dayanand Munjal Investments Pvt. Ltd.Acquisition at price 1.02 per share.D2020-12-28Institution- Corporation439.97k
Showa CorporationSale at price 1.02 per share.D2020-12-28Promoter439.97k
Gupta (Pankaj)D2015-02-06Chief Financial Officer5
Munjal (Yogesh Chander)D2010-08-17Managing Director4k
Dayanand Munjal Investments Pvt. Ltd.D2010-07-15Institution- Corporation12.6M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MUNJAL SHOWA. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MUNJAL SHOWA

Here is the result of two systematic investment strategies applied to MUNJAL SHOWA. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MUNJAL SHOWA

The following chart shows the equity curve of the two systematic investment strategies applied to MUNJAL SHOWA:

MUNJAL SHOWA automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -21.44% on the backtest period.

Performance at glance

Performance

-21.44 %

Latent gain

-537.8 ₹

Invested capital

2508.8 ₹

Annualized return

-5.1 %
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Momentum strategy results on MUNJAL SHOWA

This is the result of two momentum investment strategies applied to MUNJAL SHOWA. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MUNJAL SHOWA

The following chart shows all the entries opened by the momentum investment system on MUNJAL SHOWA:

MUNJAL SHOWA momentum entries
  • The first momentum investment strategy would give -28.9% of return on MUNJAL SHOWA. That represents -1682.65₹ of latent gain with 5821.75₹ of employed capital.
  • The second momentum investment strategy would give -26.83% of return on MUNJAL SHOWA. That represents -939.6₹ of latent gain with 3501.9₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-28.9 %

Latent gain

-1682.65 ₹

Invested capital

5821.75 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-26.83 %

Latent gain

-939.6 ₹

Invested capital

3501.9 ₹

Annualized return

-7.21 %

Momentum equity curve on MUNJAL SHOWA

The following chart shows the equity curve of the two momentum strategies applied to MUNJAL SHOWA:

MUNJAL SHOWA momentum equity

Note: the dividends potentially given by MUNJAL SHOWA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MUNJAL SHOWA

The following chart shows the employed capital evolution of the two momentum strategies on MUNJAL SHOWA since the beginning:

MUNJAL SHOWA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on MUNJAL SHOWA

Buy the dip entry openings on MUNJAL SHOWA

MUNJAL SHOWA

The performance achieved by the robo-advisor on MUNJAL SHOWA is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows MUNJAL SHOWA stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MUNJAL SHOWA, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to MUNJAL SHOWA

The following chart shows the result of the investment strategy applied to MUNJAL SHOWA:

MUNJAL SHOWA

Note: the dividends potentially given by MUNJAL SHOWA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MUNJAL SHOWA

The following chart shows the employed capital evolution since the beginning of the investment strategy on MUNJAL SHOWA:

MUNJAL SHOWA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MUNJAL SHOWA

In this section, I will compare the three previous investment strategies applied to MUNJAL SHOWA.

Equity curve comparison on MUNJAL SHOWA

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MUNJAL SHOWA investment strategy comparison

Employed capital comparison on MUNJAL SHOWA

MUNJAL SHOWA investment comparison

Performance comparison on MUNJAL SHOWA

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -21.44% -537.8₹ 2508.8₹ -5.1%
Momentum 1 quarter -28.9% -1682.65₹ 5821.75₹ -7.3%
Momentum 2 quarters -26.83% -939.6₹ 3501.9₹ -7.21%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

-5.1 %

Momentum 1Q

-7.21 %

Momentum 2Q

-7.21 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MUNJAL SHOWA:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MUNJAL SHOWA and the other stocks. There may be false positives or some missing correlated stocks. If the price of MUNJAL SHOWA does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MUNJAL SHOWA
Country India
City Gurugram
Address 9-11, Maruti Industrial Area
Phone 91 12 4478 3000
Website www.munjalshowa.net
FullTime employees 1300
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker MUNJALSHOW.XNSE
Market

MUNJAL SHOWA ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown