Risk factor
Very poor trading liquidity
Profitability factor
Decent dividends
About
Founded in 1985 and headquartered in Gurugram, India, Munjal Auto Industries Limited specializes in the production and distribution of a wide array of motor vehicle components and accessories throughout India. The company operates primarily through two segments: Auto Components, and Composite Products & Molds. Its extensive product portfolio includes exhaust systems, as well as spoke and steel wheel rims for two and three-wheelers, and passenger cars. For four-wheelers, it supplies crucial items like fuel tank assemblies and seat structure systems, alongside other specialized parts. Furthermore, Munjal Auto Industries is adept at manufacturing sheet metal and tubular welded components. Beyond its core automotive clientele, the company extends its expertise to diverse sectors such as renewable energy, aerospace, defense, space, railways, and various other engineering applications. Munjal Auto Industries Limited functions as a subsidiary of Thakurdevi Investments Private Limited.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E