Why is Menon Pistons Ltd ?
1
High Management Efficiency with a high ROE of 18.09%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.31 times
3
Poor long term growth as Net Sales has grown by an annual rate of 5.00% and Operating profit at 2.10% over the last 5 years
4
Flat results in Sep 25
- ROCE(HY) Lowest at 20.67%
5
With ROE of 14.9, it has a Very Attractive valuation with a 1.7 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -25.89%, its profits have fallen by -2.3%
6
Majority shareholders : Promoters
7
Below par performance in long term as well as near term
- Along with generating -25.89% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Menon Pistons should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Menon Pistons for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Menon Pistons
-25.89%
-0.61
42.77%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
5.00%
EBIT Growth (5y)
2.10%
EBIT to Interest (avg)
11.07
Debt to EBITDA (avg)
0.65
Net Debt to Equity (avg)
0.01
Sales to Capital Employed (avg)
1.48
Tax Ratio
25.55%
Dividend Payout Ratio
21.39%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
21.13%
ROE (avg)
18.09%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
39
Price to Book Value
1.75
EV to EBIT
8.55
EV to EBITDA
6.45
EV to Capital Employed
1.74
EV to Sales
1.07
PEG Ratio
NA
Dividend Yield
1.75%
ROCE (Latest)
20.41%
ROE (Latest)
14.86%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
3What is working for the Company
DPS(Y)
Highest at Rs 1.00
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 13.67 cr
DEBT-EQUITY RATIO(HY)
Lowest at 0.09 times
-3What is not working for the Company
ROCE(HY)
Lowest at 20.67%
Loading Valuation Snapshot...
Here's what is working for Menon Pistons
Cash and Cash Equivalents - Half Yearly
Highest at Rs 13.67 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio - Half Yearly
Lowest at 0.09 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend per Share (DPS) - Annually
Highest at Rs 1.00
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (Rs)






