Gurugram-based auto-component maker of shock absorbers, struts, front forks and gas springs/window balancers for two- and four-wheelers, made in technical collaboration with Japan's Astemo (Showa Corporation lineage).
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 625 | 633 | 629 | 643 | 656 | 666 | 659 | 670 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 129 | 160 | 148 | 159 | 146 | 154 | 178 | 187 |
| Total Liabilities | 761 | 801 | 786 | 811 | 811 | 828 | 845 | 865 |
| AssetsFixed Assets | 145 | 134 | 125 | 129 | 123 | 118 | 114 | 113 |
| CWIP | 2 | 1 | 6 | 2 | 0 | 1 | 0 | 0 |
| Investments | 319 | 292 | 307 | 313 | 322 | 349 | 325 | 347 |
| Other Assets | 295 | 374 | 349 | 367 | 366 | 361 | 405 | 405 |
| Total Assets | 761 | 801 | 786 | 811 | 811 | 828 | 845 | 865 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 41 | 66 | -18 | 30 | 6 | 11 | 37 | -21 |
| Cash from Investing | 3 | -82 | 43 | -5 | 0 | 19 | -10 | 14 |
| Cash from Financing | -22 | -22 | -18 | -18 | -18 | -18 | -18 | -18 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 27 | 46 | -23 | 22 | -6 | 8 | 31 | -27 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
MUNJALSHOW · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.