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Munjal Auto Industries Limited (MUNJALAU) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹9.8B

MA Munjal Auto Industries Limited MUNJALAU · NSE
Price₹98.09
Fair Value₹72.00
Upside-26.6%
Quality58/100
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Evidence: High Range ₹51.26 – ₹96.80

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +14.2% over the past month.

Price vs Fair Value (12 months)

₹107.65 ₹66.89 Fair Value ₹72.00 Jul 2025 Jul 2026

12‑month range ₹66.89 – ₹107.65 · fair‑value band ₹51.26 – ₹96.80 · the ₹98.09 price screens above the ₹72.00 fair value. As of Jul 3, 2026.

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Analysis

Munjal Auto Industries Limited (MUNJALAU) currently trades at ₹98.09, while our model-based Fair Value estimate is ₹72.00 — implying the stock looks roughly 26.6% overvalued today. We read business quality at 58/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Munjal Auto Industries Limited generated revenue of ₹23.0B at a net margin of 1.8%. Revenue grew 20.0% year over year. It earns a return on equity of 10.3%. Net debt stands at ₹4.0B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹23.0B
Revenue growth (YoY) +20.0%
Net margin 1.8%
Return on equity 10.3%
Free cash flow −₹396M FY2026
P/E ratio 24.4
More key figures
Operating margin 0.1%
EPS (TTM) ₹4.02
Dividend yield 1.0%
EPS growth (YoY) -39.8%
Net debt ₹4.0B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Munjal Auto Industries Limited manufactures and sells auto components for motor vehicles in India. It operates through Auto Components and Composite Products & Moulds segments. The company offers cross bars, exhaust systems, steel and spoke wheel rim, and accessories; and complete assembly including BIW parts, B&C pillars, cross car beam, battery tray, control arm, and tie end bars, as well as accelerator, brake, and clutch assemblies. It also provides fuel tank and BIW assemblies; and sheet metal components, such as mild and stainless steel parts, welded and tri-nickel chrome plated components, liquid painted oven baked and heat resistant painted parts, tubular components, and roll formed parts. Munjal Auto Industries Limited was incorporated in 1985 and is based in Gurugram, India. Munjal Auto Industries Limited is a subsidiary of Thakurdevi Investments Private Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Munjal Auto Industries Limited reported revenue of ₹23.0B in FY2026 versus ₹19.2B in FY2022, a compound +4.6%/yr. Reported net income was ₹402M in FY2026, compounding +10.7%/yr from FY2022.

Revenue +4.6%/yr
FY22 ₹19.2B
FY23 ₹19.8B
FY24 ₹18.8B
FY25 ₹20.7B
FY26 ₹23.0B
Net income +10.7%/yr
FY22 ₹268M
FY23 ₹561M
FY24 ₹385M
FY25 ₹364M
FY26 ₹402M

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Frequently asked questions

Is Munjal Auto Industries Limited (MUNJALAU) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹72.00 versus a price of ₹98.09 — about −27% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MUNJALAU?
Our model-based fair value for Munjal Auto Industries Limited is ₹72.00 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹98.09.
What is the quality score of MUNJALAU?
Munjal Auto Industries Limited has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Munjal Auto Industries Limited (MUNJALAU)?
Munjal Auto Industries Limited reported trailing-twelve-month revenue of about ₹23.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MUNJALAU?
The net profit margin of Munjal Auto Industries Limited is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.
Does Munjal Auto Industries Limited pay a dividend?
Munjal Auto Industries Limited currently shows a dividend yield of about 0.98% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.