Announcement
Announcement under Regulation 30 (LODR)-Change in Management 5 Aug - 49th AGM approved appointments of Gurudas Chorage and Nivedita Menon as directors.
Source: Bse
Menon Pistons Limited (MENNPIS)
Small CapAuto stocks · Small cap · NSE
Menon Pistons Limited operates in Auto Components, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result05 Aug, 06:37 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -6.8% / mo · MACD −
Stock trend: 36
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MENNPISD candles · FIT view+12.6%Latest close ₹64.16 on 2026-10-19
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
-4.0%
RSI
31
MACD hist
-0.57
52W pos
35%
2026-10-19O ₹66.80H ₹68.32L ₹64.00C ₹64.16Vol 12,554 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MENNPISNifty AutoNifty 500
- MENNPIS
- -8.6%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- -3.0 pp
Chart stats
19 Oct 2026- From 52W high
- -25.2%
- 52W range position
- 35%
- ATR (14)
- 4.2%
- Volume vs 20D
- 0.80x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹64 - ₹74.8
₹85.8
₹52.4 - ₹85.8
₹2.7
Latest completed session
20-session average
25.5% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED69
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad22
Revenue +3.7% · PAT +5.9% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model+67.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence84
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 22/100margin compression · Rev +4% YoY · PAT +6% YoY · +14% QoQ
Filed 05 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹83.3 Cr | +3.7% | +13.7% |
| EBITDA | ₹14.4 Cr | +6.6% | +73.4% |
| Operating margin | 17.3% | +47 bps | +596 bps |
| PAT | ₹8.2 Cr | +5.9% | +85.4% |
| PAT margin | 9.9% | +20 bps | +382 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 13.70
- P/B
- 2.03
- EV/EBITDA
- 6.08
- Market Cap
- 360.00Cr
Profitability
- ROE
- 15.40%
- ROCE
- 21.50%
- ROA
- 11.30%
- Dividend Y
- 1.42%
Growth (CAGR)
- Revenue 5Y
- 15.00%
- EPS 5Y
- 15.00%
- Revenue 3Y
- 7.00%
- EPS 3Y
- 7.00%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 16.00×
- Altman Z
- 7.51
- Book Value
- 34.80
Cash Flow
- FCF Yield
- 5.83%
- FCF Positive Y
- 3/5
- OCF
- 51.00 Cr
- EPS TTM
- 5.10
Shareholding
- Promoter Hold
- 74.37%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 61%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 83.3+13.7% vs prev
Net Profit
₹ CrLatest: 8.2+85.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 31.
- SMA20 falling (~7.3% over last month) — short-term momentum negative.
- RSI(14) at 31 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 25% off 52W high · 23% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
67
RS percentile
Insufficient history
1M return
-13.1%
3M return
-8.6%
6M return
+11.2%
1Y return
-
RS 1D
-2
RS 20D
-
Sector rank
#3
Industry rank
#30
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
leading
Industry
neutral
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
127 observations
19 Oct 2026Value 116.77-2.97%
RS vs Nifty 500117
Valuation & peers
U-Score 69 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 69 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation22/30
Growth12/25
Quality11/20
Balance Sheet14/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
-3
Raw sum
69
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
69/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 5.8%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 67.4%.
Main drags
- Penalty bucket subtracts 3 points.
- Growth is weaker at 12/25; verify the latest quarterly trend.
- Quality is weaker at 11/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
13.7
PB
2.0
EV/EBITDA
6.1
ROE
15.4%
ROCE
21.5%
FCF Yield
5.8%
Debt/Equity
0.0
MoS
+67.4%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
69
Previous: 69
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+67.4%
Previous: +67.4%
Score history
12 stored score snapshots. Latest stored move: +1 points.
21 Oct 2026
v4.3-runtime-valuation
67
67
67
67
67
67
67
67
67
67
68
69
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹63.19
-1.5% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹196.6
+67.4% MoS
PEG
1.16
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MAJESAUT
Small
Majestic Auto Limited
Auto Components
match 170
56
13.1
3.5%
+56%
FAIR VALUE
KALYANIFRG
Small
Kalyani Forge Limited
Auto Components
match 170
46
27.8
10.1%
+41%
FAIR VALUE
PRITIKAUTO
Small
Pritika Auto Industries Limited
Auto Components
match 168
56
12.2
8.6%
+69%
FAIR VALUE
OMAXAUTO
Small
Omax Autos Limited
Auto Components
match 166
24
—
-3.0%
-3399%
OVERVALUED
SHARDAMOTR
Small
Sharda Motor Industries Limited
Auto Components
match 154
71
15.7
25.2%
+61%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Menon Pistons Limited operates in Auto Components, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
84Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 97th percentile of the scored universe and 92nd percentile within Auto. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
7 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
97th percentile
overall median 67 · Auto: 92nd pctile, median 74 · Small: 98th pctile, median 66
Evidence depth
Financial-only
7 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
74
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 74.4%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 5.3%.
- ▸Debt/equity is 0.03.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Menon Pistons Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Jul - Submission of Newspaper advertisment regarding publication of Notice of 49th Annual General Meeting and Remote E-Voting Information.
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 11 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Pursuant to regulation 47 of the SEBI(Listing Obligation and Disclosure Requirments)Regulation, 2015. we herewith submit the copies of newspaper advertisment regarding publication of audited standalone …
Source: Bse
Announcement
Corporate Action-Board approves Dividend 28 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.