What is Menon Pistons Ltd (MENNPIS) share price return in the past 10 years?

Menon Pistons Ltd share price has appreciated 19.7% annually (CAGR) over the past ten years.

What is the share price of Menon Pistons Ltd (MENNPIS)?

Company share prices are keep on changing according to the market conditions. The current trading price of Menon Pistons Ltd (MENNPIS) on 24-Jun-2026 16:59:59 at 16:59 is 65.80.

What is the P/E ratio of Menon Pistons?

The latest standalone P/E ratio of Menon Pistons as of 24-Jun-2026 is 19.03.

What is the P/B ratio of Menon Pistons Ltd (MENNPIS)?

The latest standalone P/B ratio of Menon Pistons Ltd (MENNPIS) as of 24-Jun-2026 is 2.11.

What is the 52-week high and low of Menon Pistons Ltd (MENNPIS)?

The 52-week high of Menon Pistons Ltd (MENNPIS) is Rs. 72.43 and the 52-week low is Rs. 46.16.

Menon Pistons Ltd (MENNPIS) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Menon Pistons Ltd (MENNPIS)
Brand: Menon Pistons

Key Metrics

Valuation Multiples

Market Cap

₹336 Cr.

Current Price

₹65.8

52-Week Low / High

₹46 / 72

TTM EPS

₹3.5

TTM Sales

₹244 Cr.

Book Value per Share

₹31.2

P/E Ratio

19.03

Higher than its 5-year historical median

Industry PE

44.8

Price to Book (P/B)

2.11

Lower than its 5-year historical median

Price to Sales (P/S)

1.37

In line with its 5-year historical median

EV/EBITDA

9.40

Higher than its 5-year historical median

Dividend Yield

1.52%

Profitability Efficiency

Return on Equity (ROE)

12.32%

Outperforms industry median

Return on Capital Employed (ROCE)

17.51%

Outperforms industry median

Return on Assets (ROA)

8.95%

Operating Profit Margin

15.2%

Net Profit Margin

8.16%

Gross Profit Margin

14.4%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

0.7%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-3.91%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-28.43%

Asset Quality

Promoter Holding

74.37%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹154 Cr.

Equity

₹5.1 Cr.

Face Value

₹1

All Time Low / High

₹2.81 / 125.90

Menon Pistons stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Menon Pistons Ltd a good quality company?

Menon Pistons Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Menon Pistons Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Menon Pistons Ltd vs industry peers?

Menon Pistons Ltd revenue CAGR is 12.52%, compared to the industry median CAGR of 11.89%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Menon Pistons Ltd?

Promoters hold 74.37% of the Menon Pistons Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Menon Pistons Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 16.6% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.5%	15.7%	15.9%	18.1%	7.3%	14.2%	23.7%	26.1%	24.2%	17.5%	-
Value Creation Index ⓘ	-0.2	0.1	0.1	0.3	-0.5	0.0	0.7	0.9	0.7	0.3	-
Growth Parameters ⓘ
Sales ⓘ	130	133	146	156	118	137	201	208	211	212	244
Sales YoY Gr.	-	1.9%	10%	6.9%	-24.6%	16.4%	46.6%	3.6%	1.3%	0.7%	-
Adj EPS ⓘ	0.8	1.5	1.4	2	0.9	1.8	3.5	4.6	4.7	3.4	3.5
YoY Gr.	-	78.1%	-6.2%	43.1%	-56.1%	103.5%	100%	32.3%	2.4%	-28.3%	-
BVPS (₹) ⓘ	11.8	13.3	14	15.2	14.6	16.3	18.8	22.7	26.4	28.7	31.2
Adj Net Profit ⓘ	4.2	7.4	7	10	4.4	8.9	17.9	23.6	24.2	17.3	18
Cash Flow from Ops. ⓘ	11.4	5	1.2	11.4	13.8	12.9	3.8	41.2	22.6	34.8	-
Debt/CF from Ops. ⓘ	1.5	2.8	7.2	0.2	0.3	0.8	7.2	0.4	0.9	0.5	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.6%	12.5%	1.8%	0.7%
Adj EPS ⓘ	17.1%	31.6%	-1%	-28.3%
BVPSⓘ	10.4%	14.5%	15.2%	8.7%
Share Price	19.7%	19.5%	3.3%	8.9%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	7	11.6	10	13.4	5.8	11.3	20	22.3	19.3	12.3	11.6
Op. Profit Mgn % ⓘ	8.7	11.3	10.8	11.9	9.1	12.4	15.2	15.3	15.9	15.2	12.8
Net Profit Mgn % ⓘ	3.2	5.6	4.8	6.4	3.7	6.5	8.9	11.3	11.5	8.2	7.2
Debt to Equity ⓘ	0.3	0.2	0.1	0	0.1	0.1	0.3	0.1	0.2	0.1	0
Working Cap Days ⓘ	170	157	165	163	195	175	154	158	150	149	58
Cash Conv. Cycle ⓘ	76	82	105	113	145	112	91	97	96	87	28

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	130	133	146	156	118	137	201	208	211	212
Operating Expenses ⓘ +	119	118	130	137	107	120	170	176	177	180
Manufacturing Costs	31	36	39	42	34	39	53	50	51	49
Material Costs	61	55	63	66	45	58	89	96	93	96
Employee Cost	14	17	18	18	18	16	19	19	20	20
Other Costs ⓘ	13	10	11	12	10	7	9	12	13	14
Operating Profit ⓘ	11	15	16	19	11	17	31	32	34	32
Operating Profit Margin (%)	8.7%	11.2%	10.8%	11.9%	9.1%	12.4%	15.2%	15.3%	15.9%	15.2%
Other Income ⓘ +	2	2	1	1	0	1	1	7	7	3
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	2	2	1	0	0	0	1	3	4	4
Depreciation ⓘ	4	4	4	5	5	5	6	6	6	7
Profit Before Tax ⓘ	7	11	12	14	6	12	24	30	31	24
Tax ⓘ	2	3	5	4	1	3	6	7	6	6
Profit After Tax	4	7	7	10	4	9	18	24	24	17
PAT Margin (%)	3.3%	5.6%	4.8%	6.5%	3.7%	6.5%	8.9%	11.4%	11.5%	8.2%
Adjusted EPS (₹)	0.8	1.5	1.4	2.0	0.9	1.8	3.5	4.6	4.7	3.4
Dividend Payout Ratio (%)	47.60%	34.50%	43.60%	38%	52.30%	57.10%	21.40%	21.60%	21.10%	29.40%

Valuation of Menon Pistons - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	61	68	71	78	75	83	96	116	135	146
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	56	63	66	73	69	78	91	111	130	141
Debt +	17	14	8	2	4	11	20	16	20	14
Long Term Debt	0	0	0	0	0	0	19	10	5	9
Short Term Debt	17	14	8	2	4	11	1	6	15	4
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	14	12	10	11	7	17	19	13	18	21
Others Liabilities ⓘ	9	9	10	11	7	11	17	19	18	15
Total Liabilities ⓘ	101	103	100	102	93	122	151	164	191	196
Fixed Assets
Net Fixed Assets ⓘ +	32	29	27	31	32	35	42	52	74	76
Gross Block	90	91	93	102	108	116	129	145	173	182
Accumulated Depreciation	58	62	66	71	76	82	87	93	99	106
CWIP ⓘ	0	0	0	0	0	0	1	0	0	0
Investments ⓘ	0	0	0	0	0	0	12	27	27	27
Inventories	17	17	16	17	21	21	23	21	20	25
Trade Receivables	28	32	41	44	28	40	55	48	58	43
Cash Equivalents	6	9	3	2	4	13	2	1	2	8
Others Assets ⓘ	19	16	13	8	8	13	17	16	10	17
Total Assets ⓘ	101	103	100	102	93	122	151	164	191	196

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	11	5	1	11	14	13	4	41	23	35
PBT ⓘ	7	11	12	14	6	12	24	30	31	24
Adjustment ⓘ	6	4	5	5	5	5	7	3	5	11
Changes in Working Capital ⓘ	1	-7	-10	-2	5	-2	-21	14	-8	4
Tax Paid ⓘ	-2	-4	-5	-5	-2	-3	-7	-7	-5	-4
Cash Flow From Investing Activity ⓘ +	1	-5	4	-8	-7	-9	-25	-25	-16	-20
Capex	-0	-2	-4	-8	-5	-11	-13	-18	-21	-15
Net Investments	0	-4	7	0	-2	1	-0	-0	-0	-5
Others ⓘ	1	2	1	0	0	0	-11	-7	5	0
Cash Flow From Financing Activity ⓘ +	-13	-1	-4	-4	-6	7	10	-17	-6	-14
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	-0	-0	0	0	26	-9	-5	7
Interest Paid ⓘ	-2	-2	-1	-0	-0	-0	-1	-3	-4	-4
Dividend Paid ⓘ	-2	-0	-3	-4	-7	0	-5	-4	-5	-5
Others ⓘ	-9	0	0	0	2	7	-10	-2	9	-11
Net Cash Flow ⓘ	-1	-1	1	-1	1	10	-11	-1	1	1

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	7.21	11.56	10.1	13.51	5.76	11.32	19.98	22.36	19.32	12.32
ROCE (%)	11.48	15.68	15.9	18.08	7.34	14.2	23.73	26.05	24.19	17.51
Asset Turnover Ratio	1.34	1.46	1.48	1.55	1.21	1.28	1.47	1.32	1.19	1.1
PAT to CFO Conversion(x)	2.75	0.71	0.14	1.1	3.5	1.44	0.22	1.71	0.96	2.06
Working Capital Days
Receivable Days	75.20	73.20	88.50	99.10	111.50	91.50	87	90.40	91.30	86.70
Inventory Days	48.50	41.20	40	38.10	57.70	54.70	39.90	38.70	35.60	38.80
Payable Days	91.80	70.50	48.10	50.70	60.90	68.50	70.30	59.90	59.80	74.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Menon Pistons Ltd FAQs

The current trading price of Menon Pistons on 24-Jun-2026 16:59 is ₹65.80.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Jun-2026 the market cap of Menon Pistons stood at ₹335.6 Cr

The latest P/E ratio of Menon Pistons as of 23-Jun-2026 is 19.03.

The latest P/B ratio of Menon Pistons as of 23-Jun-2026 is 2.11.

The 52-week high of Menon Pistons is ₹72.43 and the 52-week low is ₹46.16.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Menon Pistons is ₹244 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Menon Pistons Ltd is a good quality company.

The key valuation ratios of Menon Pistons Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Menon Pistons Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Menon Pistons Ltd

Menon Pistons Ltd. ( MPL ) ventured into the manufacture of pistons in 1971 without any collaboration or technical assistance of any piston manufacturer. Menon Pistonsâ€™s manufacturing plant was set up at the industrial estate in Shiroli, Kolhapur, a small industrial city, south east of Mumbai & delivered the First Ring Carrier piston to the Indian diesel engine industry in 1971.

Menon Group, the multi-product, high end critical auto components group with a turnover exceeding Rs 300 crore, & globally positioned with business activities spanning 24 countries around the globe exporting 35 % of its production. The Menon Group's historic commitment to quality and customer service, strong corporate values, disciplined & professional management systems, emphasis on trust in business relations, & our ability to meet special needs is recognized the word over.

In the year 1985 a second unit was started in Sangli, yet again a small town 60 km away from Kolhapur to manufacture Gudgeon Pins & Pistons for stationary & industrial applications. In the year 1996 a third unit was added in Shiroli industrial estate exclusively for the manufacture of small pistons to industrial applications & passenger cars. Currently this plant concentrates on the manufacturing of pistons for passenger car as an â€œ Exclusive & Single source â€œ supplier to Maruti Suzuki Ltd, for their prize vehicle â€œ Swift â€

The company has kept pace with the growing trends by virtue of streamlining quality systems, development of quality culture, adoption of latest technology & equipment. Products of Menon Pistons enjoy a high degree of customer satisfaction & value for the money & has been the choice of discerning customers as most cost effective supplier.

Menon Pistons Ltd., manufactures aluminium alloy pistons, piston pins, and piston rings for passenger cars, heavy and light commercial vehicles, heavy duty diesel engines for power generation and earth movers, compressors, etc.

Product range of the company includes:

MPL's product range boasts of piston assemblies for diverse array of high tech features catering to the wide variety of applications such as :

Heavy Duty Diesel Engines for Power Generation / Off Highway Vehicles/Gas Engines
Heavy/Medium/Light Commercial Vehicles with Diesel Engines.
Passenger Car (Diesel & Gasoline) Engines
Bi-wheeler (4 Stroke) / Small Engine Applications

Clients:

Tata
Suzuki
Cummins
Greaves
New Holland
Eicher
Kirloskar
Arrow Engine Company

Milestones:

1969 - Company Incorporated.
1971 - Developed Ring Carrier Piston (Alfin Piston) Fist Time in India for Cummins which was import substitution.
1978 -100,000Th Piston Produced for Cummins alone.
1982 - Technology upgradation Agreement with Sakura Kogyo Co.Ltd, Japan, for manufacture of Pistons.
1985 -Started Gudgeon Pin Production in Plant 2 â€“ Sangli (Maharashtra).
1985 -First Export of Pistons to Russia. Upto 1991 supplied pistons to AVTO LADA & 40000 large dia pistons to tractor company in USSR.
1985 -ISO 9002 Certification by BVQI, UK.
1994 -Best Vendor Performance Award by Maruti Udyog Ltd.
1995 -â€œShip to Useâ€ Status awarded by Cummins India Ltd.
1996 - Company became Public Limited.
1996 -Technical Tie up with M/s. Izumi Industries Ltd, Japan, one of the leading piston manufacturers in the world.
2000 -QS 9000 certification by TUV Suddeutschland, Germany.
2001 -Reached a total supply of 1.5 Million Pistons to Cummins.
2004 -Re-certification of QS 9000 by TUV Suddeutschland, Germany.
2005 -TS 16949 certification by TUV Suddeutschland, Germany.
2006 -Signed Technical License Agreement with M/s. Dong Yang Piston Co Ltd, South Korea.
2006- First surveillance audit of TS 16949 successfully completed.
2007 -Development of cooled gallery piston for heavy duty application.

Achievements/ recognition:

The First Company in India to develop Ring Carrier Pistons
Best Vendor Award from Maruti Udyog Ltd in the year 1994-95
â€œShip -to - Useâ€ Status by Cummins India Ltd since 1995
Faster Development Award from Kirloskar Oil Engines Ltd
ISO/TS: 16949 Certified by TUV Suddentschland in 2005
â€œOutstanding Supplier For Excellent Performanceâ€ award from Cummins Group in July 2006

Menon Pistons Ltd (MENNPIS)

Menon Pistons Ltd (MENNPIS)

Menon Pistons stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Menon Pistons - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Menon Pistons Ltd FAQs

About Menon Pistons Ltd

About MoneyWorks4Me

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Menon Pistons Ltd (MENNPIS)

Menon Pistons Ltd (MENNPIS)

Menon Pistons stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Menon Pistons - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Menon Pistons Ltd FAQs

What is the share price of Menon Pistons?

What is the market cap of Menon Pistons?

What is the P/E ratio of Menon Pistons?

What is the P/B ratio of Menon Pistons?

What is the 52-week high and low of Menon Pistons?

What is the TTM revenue of Menon Pistons?

Is Menon Pistons Ltd a good quality company?

Is Menon Pistons Ltd undervalued or overvalued?

Is Menon Pistons Ltd a good buy now?

About Menon Pistons Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.