The 5-year analysis of Munjal Auto Industries Ltd's performance infers:
We analysed the performance of Munjal Auto Industries Ltd share prices over the last 10 years. Here is what we found out:
Munjal Auto Industries (MAIL) started its humble journey in 1987. It is the leading auto component manufacturing company in India producing exhaust systems, complete wheel rims and other automotive assemblies. The company holds the pride of being among the largest manufacturer of the exhaust systems in the world, manufacturing close to 12,000 systems per day. Besides, the company produces more than 10,000 spoke rims for motorcycles and steel wheel rims everyday.
MAIL is a part of a famous
MAIL is a part of a famous Hero Group of companies, sporting flagship companies like Hero Honda Motors Ltd (The worldâ€™s largest producer of Motorcycles) and Hero Cycles (The worldâ€™s largest producers of cycles). The groupâ€™s history dates back to the 1950â€™s when four visionary members of the Munjal Family started a modest venture- Hero Cycles. Today the group is a US $ 4 billion establishment with more than 20 group companies in its umbrella.
Continuing the groupâ€™s legacy, MAIL started its humble journey with manufacturing of bicycles for exports, supplying to UK, France, Germany, and to the US and Canada. Under the leadership of their M.D Mr. Sudhir Munjal, over the years they have moved on to manufacture auto components for the 2/4 wheeler automobile industries. Over vast pool of experience as a group has taught them some valuable lessons which they place close to their hearts.
The spirit of Munjal Auto can be summed in four words â€“ Customer, Systems, Associates, and Society. The customer is their â€˜unn dattaâ€™ (Bread Earner) and anything he says or expresses is done. The organization works efficiently with proper user friendly systems, keeping the people associated in the company at all levels in mind. In fact it is right mix of systems and the associatesâ€™ involvement that has helped them keep the customer delighted. Finally they care for the society they live in. It is only through proper conservation of their natural resources and maintaining a clean environment that they can ensure a better future for the country.
In 2010Started manufacturing Seat Structure complete For Tata Johnson (Tata Small Car model).Technical JV with Samsung, Korea for 4 wheeler Fuel tank assembly.Started Fuel Tank Assembly for Tata Motors Small passenger Car.
In 2011 the company set up Design & Central Tool Room at Bawal.Started exhaust system for Piaggio Vehicles.
Product range of the company includes:
Munjal Auto Industries Ltd., (MAIL) is a TS 16949 certified, leading auto component manufacturing company.