Munjal Auto Industries Limited

BSE: 520059 NSE: MUNJALAU
Munjal Auto Industries Limited - automotive in Baroda, Gujarat, India. FY 2026 financials and compliance.
CIN L34100GJ1985PLC007958 Incorporated 12 July 1985 ROC Ahmedabad HQ Baroda, Gujarat, India
Active Listed - NSE: MUNJALAU · BSE: 520059 Public Limited Company automotive
Data last updated
Revenue · FY 2026
₹2,295.15 Cr
▲ 11.07% YoY
EBITDA · FY 2026
₹158.15 Cr
▲ 6.58% YoY
Net profit · FY 2026
₹46.15 Cr
▲ 18.14% YoY
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹221.18 Cr
Satisfied ₹269.53 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
905
Latest available

About Munjal Auto Industries Limited

Data last updated: 24 December 2025

Munjal Auto Industries Limited is a public limited company based in Baroda, Gujarat, India, a subsidiary of Thakurdevi Investnents Pvt Ltd. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 12 July 1985, the company has been in operation for over 41 years.

Registered with ROC Ahmedabad under CIN L34100GJ1985PLC007958. Listed on BSE: 520059 and NSE: MUNJALAU.

Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹20 Cr. Formerly known as Gujarat Cycles Limited. It is led by directors including Anuj Munjal and Avi Kersi Sabavala.

Last AGM: 25 August 2025. Financial statements filed for year ended 31 March 2025. Office: 187 Gidc Estate Waghodiadistt, Baroda, Gujarat, India – 391760.

As per the financials filed for FY 2025, the company reported a revenue of ₹2,097.38 Cr, a growth of 9% compared to the previous year.

The company has a workforce of approximately 905 employees as per the latest available data. It operates as a subsidiary of Thakurdevi Investnents Pvt Ltd. Its group structure includes 1 subsidiary.

The company is associated with 2 brands - Munjal Auto, Indutch. As per MCA filings, the company has open charges of ₹221.18 Cr and satisfied charges of ₹269.53 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website munjalauto.com.

Company Details of Munjal Auto Industries Limited
CIN L34100GJ1985PLC007958
Registration Number 007958
Incorporation Date 12 July 1985
ROC Ahmedabad
Listing Status Listed (BSE: 520059, NSE: MUNJALAU)
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Thakurdevi Investnents Pvt Ltd
Compliance Status Active Compliant
Key People
Sudhir Kumar Munjal Managing Director Anuj Munjal Whole-Time Director Anju Sudhir Munjal Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    munjalauto.com
  • Social Media
  • Registered Address
    187 Gidc Estate Waghodiadistt, Baroda, Gujarat, India – 391760
  • Industry
    Automotive, Auto Parts & Components
Company report
Munjal Auto Industries Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Munjal Auto Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Munjal Auto Industries Limited

Munjal Auto Industries Limited operates two associated brands: Munjal Auto and Indutch. These brands represent Munjal Auto Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Munjal Auto
Munjal Auto Industries Limited is engaged in manufacturing automotive and renewable energy components. munjalauto.com
Indutch
Indutch is recognized as a leading manufacturer of composite solutions. indutch.in

Competitors & Alternatives of Munjal Auto Industries Limited

Brands and companies operating in the same space as Munjal Auto Industries Limited include Cummins, Valeo, UNO Minda and 7 more.

Competitor Description Location Founded
Cummins Cummins Manufacturer of gas-powered construction equipment United States 1919
Valeo Valeo Automotive products and services are supplied globally to automakers. Paris, France, France 1923
UNO Minda UNO Minda Manufacturer and supplier of major auto components to OEMs and tier 1 companies Gurugram, India, India 1958
Rane Group Rane Group Major auto components are manufactured and supplied to OEMs. Chennai, India, India 1929
Arris Composites Arris Composites Manufacturer of carbon fiber composites for multiple industrial applications Berkeley, United States, United States 2018
Novares Novares Major auto components are manufactured and supplied globally. Clamart, France, France 1955
Schaeffler Schaeffler Manufacturer of bearings for the automotive industry Herzogenaurach, Germany, Germany 1946
Hutchinson Hutchinson Manufacturer and supplier of major auto components Paris, France, France 1853
Faurecia Faurecia Automotive components and systems are manufactured for vehicles. Nanterre, France, France 1997
Teijin Teijin Developer and manufacturer of fibers, composites, resins, flame retardants, and polymers Chiyoda-ku, Japan, Japan 1918

Business Activity of Munjal Auto Industries Limited

Munjal Auto Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C11 Motor vehicles, trailers, semi trailers and other Transport Vehicles *********

Auditor Details of Munjal Auto Industries Limited

Munjal Auto Industries Limited is audited by K C Mehta & Co. LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
K C Mehta & Co. LLP (ICAI peer reviewed, certificate valid till 2027-03-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Munjal Auto Industries Limited

Munjal Auto Industries Limited is currently managed by 11 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Anuj Munjal
Also directs: Sara Training And Education Llp, Indutch Composites Technology Private Limited, Thakurdevi Investnents Pvt Ltd and 2 more
Whole-Time Director 01 Jun 2010 16 Years 1 Months Current
Avi Kersi Sabavala
Also directs: Indutch Composites Technology Private Limited, Neogen Chemicals Limited
Director 01 Apr 2020 6 Years 3 Months Current
Anju Sudhir Munjal
Also directs: Sara Training And Education Llp, Indutch Composites Technology Private Limited, Fetlock Traders Private Limited and 2 more
Whole-Time Director 30 Sep 1999 26 Years 9 Months Current
Sunil Chinubhai Vakil
Also directs: Eimco Elecon (India ) Limited, Shivam Autotech Limited, Conart Engineers Limited and 3 more
Director 18 Apr 2024 2 Years 2 Months Current
Atulbhai Haribhai Patel
Also directs: 20 Microns Nano Minerals Limited, Tarak Chemicals Limited, Indo Nippon Chemical Company Limited and 2 more
Director 18 Apr 2024 2 Years 2 Months Current
Sameer Subhash Khera
Also directs: See Buildcon Llp, See Engineering Solutions Llp, Shri Dinesh Mills Limited and 4 more
Director 18 Apr 2024 2 Years 2 Months Current
Showing 6 of 11 current directors. View all directors

Financials of Munjal Auto Industries Limited FY 2026 filings available

Munjal Auto Industries Limited reported revenue of ₹2,295.15 Cr (up 11.07% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹2,295.15 Cr ▲ 11.07%
Profit · FY 2026
₹46.15 Cr ▲ 18.14%
EBITDA · FY 2026
₹158.15 Cr ▲ 6.58%
Revenue₹ Cr · Consolidated01,0002,0003,000FY 2020: ₹1,236 Cr1,236FY 2020FY 2021: ₹2,134 Cr · +72.7% YoY2,134+72.7%FY 2021FY 2022: ₹1,916 Cr · -10.2% YoY1,916-10.2%FY 2022FY 2023: ₹1,984 Cr · +3.6% YoY1,984+3.6%FY 2023FY 2024: ₹1,882 Cr · -5.2% YoY1,882-5.2%FY 2024FY 2025: ₹2,066 Cr · +9.8% YoY2,066+9.8%FY 2025FY 2026: ₹2,295 Cr · +11.1% YoY2,295+11.1%FY 2026
Net Profit₹ Cr · Consolidated0204060FY 2020: ₹4 Cr3.7FY 2020FY 2021: ₹20 Cr · +446.7% YoY20.4+446.7%FY 2021FY 2022: ₹30 Cr · +44.9% YoY29.6+44.9%FY 2022FY 2023: ₹52 Cr · +74.3% YoY51.6+74.3%FY 2023FY 2024: ₹38 Cr · -26.3% YoY38-26.3%FY 2024FY 2025: ₹39 Cr · +2.7% YoY39.1+2.7%FY 2025FY 2026: ₹46 Cr · +18.1% YoY46.2+18.1%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0250500750Q1'25: ₹510 Cr · +0.3% YoY510+0.3%Q1'25Q2'25: ₹522 Cr · -4.1% YoY522-4.1%Q2'25Q3'25: ₹522 Cr · +23.7% YoY522+23.7%Q3'25Q4'25: ₹512 Cr · +26% YoY512+26%Q4'25Q1'26: ₹491 Cr · -3.7% YoY491-3.7%Q1'26Q2'26: ₹584 Cr · +11.8% YoY584+11.8%Q2'26Q3'26: ₹606 Cr · +16% YoY606+16%Q3'26Q4'26: ₹614 Cr · +20% YoY614+20%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,295.15 Cr ₹2,066.37 Cr ₹1,881.76 Cr ₹1,984.29 Cr ₹1,915.68 Cr ₹2,134.38 Cr ₹1,235.57 Cr
Other Income ₹32.24 Cr ₹31.01 Cr ₹36.07 Cr ₹12.74 Cr ₹5.45 Cr ₹5.33 Cr ₹5.42 Cr
Total Income ₹2,327.4 Cr ₹2,097.38 Cr ₹1,917.83 Cr ₹1,997.03 Cr ₹1,921.13 Cr ₹2,139.71 Cr ₹1,240.99 Cr
Cost of Materials Consumed ₹1,693.46 Cr ₹1,430.28 Cr ₹1,302.66 Cr ₹1,574.31 Cr ₹1,577.5 Cr ₹1,833.22 Cr ₹925.35 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹17.6 Cr ₹25.5 Cr ₹18.58 Cr -₹68 Cr -₹5.55 Cr -₹5.85 Cr ₹11.6 Cr
Employee Benefit Expense ₹197.95 Cr ₹208.43 Cr ₹185.36 Cr ₹168.67 Cr ₹108.76 Cr ₹91.36 Cr ₹110.59 Cr
Finance Costs ₹38.61 Cr ₹30.98 Cr ₹27.52 Cr ₹27.06 Cr ₹11.76 Cr ₹15.63 Cr ₹12.05 Cr
Depreciation & Amortisation ₹65.43 Cr ₹59.1 Cr ₹55.72 Cr ₹53.02 Cr ₹35.74 Cr ₹39.01 Cr ₹31.5 Cr
Other Expenses ₹295.44 Cr ₹284.78 Cr ₹254.82 Cr ₹219.36 Cr ₹152.24 Cr ₹133.16 Cr ₹142.83 Cr
Total Expenses ₹2,273.29 Cr ₹2,039.08 Cr ₹1,844.66 Cr ₹1,974.43 Cr ₹1,880.46 Cr ₹2,106.53 Cr ₹1,233.92 Cr
Profit Before Exceptional Items & Tax ₹54.11 Cr ₹58.3 Cr ₹73.17 Cr ₹22.6 Cr ₹40.67 Cr ₹33.18 Cr ₹7.06 Cr
Exceptional Items ₹8.94 Cr -₹11.9 Cr -₹11.93 Cr ₹47.65 Cr ₹0 ₹0 -₹32.56 Lakh
Profit Before Tax ₹63.04 Cr ₹46.39 Cr ₹61.24 Cr ₹70.25 Cr ₹40.67 Cr ₹33.18 Cr ₹6.74 Cr
Total Tax Expense ₹16.89 Cr ₹7.33 Cr ₹23.21 Cr ₹18.63 Cr ₹11.06 Cr ₹12.74 Cr ₹3 Cr
Net Profit ₹46.15 Cr ₹39.07 Cr ₹38.03 Cr ₹51.62 Cr ₹29.61 Cr ₹20.44 Cr ₹3.74 Cr
  attributable to Owners - - ₹38.49 Cr ₹56.14 Cr ₹26.79 Cr ₹20.63 Cr ₹4.12 Cr
  attributable to NCI - - -₹46.08 Lakh -₹4.51 Cr ₹2.82 Cr -₹18.74 Lakh -₹38.31 Lakh
Other Comprehensive Income ₹2.29 Cr -₹1.77 Cr -₹1.53 Cr ₹80.2 Lakh ₹17.02 Lakh ₹1.16 Cr -₹22.25 Lakh
Total Comprehensive Income ₹48.44 Cr ₹37.3 Cr ₹36.5 Cr ₹52.42 Cr ₹29.78 Cr ₹21.6 Cr ₹3.52 Cr
EBITDA (computed) ₹158.15 Cr ₹148.39 Cr ₹156.4 Cr ₹102.68 Cr ₹88.17 Cr ₹87.82 Cr ₹50.61 Cr
Basic EPS ₹4.02 ₹3.64 ₹3.85 ₹5.16 ₹2.96 ₹2.04 ₹0.37
Diluted EPS ₹4.02 ₹3.64 ₹3.85 ₹5.16 ₹2.96 ₹2.04 ₹0.37
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,455.29 Cr ₹1,236.94 Cr ₹1,217.83 Cr ₹1,275.65 Cr
Non-current Assets ₹530.31 Cr ₹511.52 Cr ₹454.51 Cr ₹465.38 Cr
Current Assets ₹924.98 Cr ₹725.3 Cr ₹751.68 Cr ₹798.62 Cr
Property, Plant & Equipment ₹297.71 Cr ₹254.87 Cr ₹237.37 Cr ₹240.88 Cr
Inventories ₹282.81 Cr ₹231.49 Cr ₹208.81 Cr ₹208.24 Cr
Trade Receivables ₹428.78 Cr ₹300.42 Cr ₹276.59 Cr ₹437.32 Cr
Cash & Equivalents ₹11.73 Cr ₹6.43 Cr ₹5.52 Cr ₹8.14 Cr
Equity (Net Worth) ₹466.61 Cr ₹428.17 Cr ₹410.87 Cr ₹394.37 Cr
Equity Share Capital ₹20 Cr ₹20 Cr ₹20 Cr ₹20 Cr
Borrowings (Non-current) ₹48.17 Cr ₹39.13 Cr ₹18.34 Cr ₹31.89 Cr
Borrowings (Current) ₹201.75 Cr ₹148.27 Cr ₹81.69 Cr ₹65.89 Cr
Total Debt (computed) ₹249.92 Cr ₹187.39 Cr ₹100.04 Cr ₹97.78 Cr
Current Liabilities ₹731.49 Cr ₹545.19 Cr ₹578.36 Cr ₹641.73 Cr
Total Liabilities ₹988.68 Cr ₹808.77 Cr ₹806.96 Cr ₹881.27 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹44.67 Cr ₹6.87 Cr ₹127.18 Cr ₹34.58 Cr ₹136.96 Cr
Investing Cash Flow -₹56.9 Cr ₹9.25 Cr -₹77.25 Cr ₹37.13 Cr -₹99.26 Cr
Financing Cash Flow ₹17.53 Cr -₹15.2 Cr -₹52.55 Cr -₹64.89 Cr -₹50.35 Cr
Capital Expenditure ₹73.33 Cr -₹66.08 Cr ₹41.04 Cr ₹29.38 Cr ₹17.23 Cr
Free Cash Flow (computed) -₹28.66 Cr -₹59.22 Cr ₹86.14 Cr ₹5.2 Cr ₹119.73 Cr
Dividends Paid ₹10 Cr ₹20 Cr ₹20 Cr ₹10 Cr ₹0
Net Change in Cash ₹5.3 Cr ₹91.33 Lakh -₹2.63 Cr ₹6.82 Cr -₹12.65 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹614.24 Cr ₹605.81 Cr ₹584.09 Cr ₹491.02 Cr ₹511.88 Cr ₹522.09 Cr ₹522.49 Cr ₹509.92 Cr ₹406.33 Cr ₹422.17 Cr ₹544.68 Cr ₹508.58 Cr
Other Income ₹15.14 Cr ₹6.51 Cr ₹11.33 Cr ₹12.84 Cr ₹1.17 Cr ₹4.64 Cr ₹12.18 Cr ₹13.01 Cr ₹8.04 Cr ₹10.56 Cr ₹7.15 Cr ₹10.32 Cr
Total Income ₹629.38 Cr ₹612.32 Cr ₹595.42 Cr ₹503.85 Cr ₹513.05 Cr ₹526.73 Cr ₹534.67 Cr ₹522.93 Cr ₹414.37 Cr ₹432.72 Cr ₹551.83 Cr ₹518.9 Cr
Cost of Materials Consumed ₹436.1 Cr ₹459.22 Cr ₹438.71 Cr ₹359.73 Cr ₹338.04 Cr ₹367.19 Cr ₹376.11 Cr ₹348.93 Cr ₹266.41 Cr ₹252.37 Cr ₹411.04 Cr ₹372.83 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹7.65 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹14.18 Cr -₹9.29 Cr -₹11.52 Cr -₹11.28 Cr ₹22.65 Cr ₹0 -₹16.01 Cr ₹11.21 Cr -₹12.41 Cr ₹32.95 Cr -₹12.84 Cr ₹10.87 Cr
Employee Benefit Expense ₹52.69 Cr ₹47.44 Cr ₹49.01 Cr ₹48.81 Cr ₹49.33 Cr ₹49.59 Cr ₹57 Cr ₹52.52 Cr ₹50.14 Cr ₹45.71 Cr ₹45.28 Cr ₹44.24 Cr
Finance Costs ₹9.97 Cr ₹10.38 Cr ₹9.71 Cr ₹8.52 Cr ₹8.08 Cr ₹8.48 Cr ₹7.63 Cr ₹6.79 Cr ₹6.44 Cr ₹6.99 Cr ₹7.12 Cr ₹6.96 Cr
Depreciation & Amortisation ₹17.95 Cr ₹16.96 Cr ₹15.41 Cr ₹15.11 Cr ₹15.24 Cr ₹15.49 Cr ₹14.62 Cr ₹13.75 Cr ₹14.02 Cr ₹14.16 Cr ₹13.92 Cr ₹13.62 Cr
Other Expenses ₹95.75 Cr ₹66.4 Cr ₹81.48 Cr ₹65.39 Cr ₹67.24 Cr ₹75.36 Cr ₹74.7 Cr ₹67.49 Cr ₹68.54 Cr ₹65.07 Cr ₹65.13 Cr ₹56.08 Cr
Total Expenses ₹626.63 Cr ₹591.12 Cr ₹582.81 Cr ₹486.27 Cr ₹500.58 Cr ₹523.76 Cr ₹514.05 Cr ₹500.7 Cr ₹393.13 Cr ₹417.26 Cr ₹529.66 Cr ₹504.61 Cr
Profit Before Exceptional Items & Tax ₹2.75 Cr ₹21.2 Cr ₹12.61 Cr ₹17.58 Cr ₹12.47 Cr ₹2.97 Cr ₹20.62 Cr ₹22.24 Cr ₹21.24 Cr ₹15.46 Cr ₹22.18 Cr ₹14.29 Cr
Exceptional Items -₹30.36 Lakh -₹1.6 Cr ₹0 ₹10.84 Cr ₹9.53 Lakh ₹0 ₹0 -₹12 Cr ₹26.93 Cr -₹38.86 Cr ₹0 ₹0
Profit Before Tax ₹2.45 Cr ₹19.59 Cr ₹12.61 Cr ₹28.42 Cr ₹12.56 Cr ₹2.97 Cr ₹20.62 Cr ₹10.24 Cr ₹48.18 Cr -₹23.4 Cr ₹22.18 Cr ₹14.29 Cr
Total Tax Expense ₹4.08 Cr ₹4.95 Cr -₹87.46 Lakh ₹9.11 Cr ₹2.28 Cr ₹4.97 Cr ₹31.05 Lakh -₹23.07 Lakh ₹11.88 Cr -₹5.79 Lakh ₹7.31 Cr ₹4.02 Cr
Net Profit -₹1.63 Cr ₹14.64 Cr ₹13.48 Cr ₹19.31 Cr ₹10.28 Cr -₹1.99 Cr ₹20.31 Cr ₹10.47 Cr ₹36.3 Cr -₹23.35 Cr ₹14.87 Cr ₹10.27 Cr
  attributable to Owners - ₹13.47 Cr ₹0 - - -₹2.21 Cr ₹18.63 Cr ₹11.71 Cr ₹27.15 Cr -₹12.25 Cr ₹13.79 Cr ₹9.87 Cr
  attributable to NCI - ₹1.17 Cr ₹0 - - ₹22.06 Lakh ₹1.67 Cr -₹1.24 Cr ₹9.15 Cr -₹11.1 Cr ₹1.08 Cr ₹40.6 Lakh
Other Comprehensive Income ₹2.2 Cr ₹1.14 Cr -₹60.96 Lakh -₹44.25 Lakh -₹56.82 Lakh -₹40.07 Lakh -₹41.82 Lakh -₹38.3 Lakh -₹2.35 Cr ₹24.9 Lakh ₹36.49 Lakh ₹20.05 Lakh
Total Comprehensive Income ₹57.09 Lakh ₹15.78 Cr ₹12.87 Cr ₹18.87 Cr ₹9.71 Cr -₹2.39 Cr ₹19.89 Cr ₹10.09 Cr ₹33.95 Cr -₹23.1 Cr ₹15.24 Cr ₹10.47 Cr
EBITDA (computed) ₹30.67 Cr ₹48.54 Cr ₹37.73 Cr ₹41.21 Cr ₹35.79 Cr ₹26.95 Cr ₹42.87 Cr ₹42.78 Cr ₹41.7 Cr ₹36.62 Cr ₹43.22 Cr ₹34.87 Cr
Basic EPS ₹-0.06 ₹1.35 ₹1.12 ₹1.58 ₹0.83 ₹-0.22 ₹1.86 ₹1.66 ₹2.72 ₹-1.22 ₹1.38 ₹0.99
Diluted EPS ₹-0.06 ₹1.35 ₹1.12 ₹1.58 ₹0.83 ₹-0.22 ₹1.86 ₹1.66 ₹2.72 ₹-1.22 ₹1.38 ₹0.99
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Auto Components ₹381.3 Cr ₹3.98 Cr ₹744.16 Cr ₹339.23 Cr
Composite Products and Moulds ₹232.94 Cr ₹8.74 Cr ₹711.14 Cr ₹649.45 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Auto Components ₹1,438.58 Cr ₹29.8 Cr - -
Composite Products and Moulds ₹856.57 Cr ₹62.92 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹1,438.58 Cr ₹1,270.52 Cr ₹1,322.42 Cr ₹1,581.46 Cr ₹1,706.55 Cr ₹1,993.71 Cr ₹1,139.62 Cr
Other Income ₹23.76 Cr ₹19.51 Cr ₹37.34 Cr ₹13.59 Cr ₹9.14 Cr ₹9.57 Cr ₹8.6 Cr
Total Income ₹1,462.34 Cr ₹1,290.03 Cr ₹1,359.77 Cr ₹1,595.04 Cr ₹1,715.7 Cr ₹2,003.28 Cr ₹1,148.21 Cr
Cost of Materials Consumed ₹1,158.45 Cr ₹999.79 Cr ₹1,078.59 Cr ₹1,348.53 Cr ₹1,500.48 Cr ₹1,789.69 Cr ₹894.84 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹2.36 Cr -₹30.27 Lakh ₹1.95 Cr -₹1.61 Cr ₹8.04 Cr -₹7.3 Cr ₹23.22 Cr
Employee Benefit Expense ₹87.83 Cr ₹85.09 Cr ₹77.92 Cr ₹68.97 Cr ₹58.27 Cr ₹60.3 Cr ₹79.55 Cr
Finance Costs ₹4.5 Cr ₹3.66 Cr ₹3.27 Cr ₹4.4 Cr ₹4.88 Cr ₹8.67 Cr ₹8.44 Cr
Depreciation & Amortisation ₹19.57 Cr ₹21.12 Cr ₹19.78 Cr ₹20.37 Cr ₹20.99 Cr ₹22.48 Cr ₹21.57 Cr
Other Expenses ₹160.54 Cr ₹141.57 Cr ₹116.02 Cr ₹109.25 Cr ₹93 Cr ₹96.69 Cr ₹113.74 Cr
Total Expenses ₹1,428.54 Cr ₹1,250.92 Cr ₹1,297.53 Cr ₹1,549.91 Cr ₹1,685.65 Cr ₹1,970.53 Cr ₹1,141.36 Cr
Profit Before Exceptional Items & Tax ₹33.81 Cr ₹39.11 Cr ₹62.23 Cr ₹45.13 Cr ₹30.04 Cr ₹32.75 Cr ₹6.85 Cr
Exceptional Items -₹1.52 Cr ₹0 ₹0 ₹47.16 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹32.28 Cr ₹39.11 Cr ₹62.23 Cr ₹92.3 Cr ₹30.04 Cr ₹32.75 Cr ₹6.85 Cr
Total Tax Expense ₹4.73 Cr ₹8.41 Cr ₹22.76 Cr ₹26.57 Cr ₹9.24 Cr ₹11.72 Cr ₹1.91 Cr
Net Profit ₹27.55 Cr ₹30.71 Cr ₹39.47 Cr ₹65.73 Cr ₹20.81 Cr ₹21.03 Cr ₹4.94 Cr
Other Comprehensive Income ₹29.33 Lakh -₹2.14 Cr -₹1.84 Cr ₹49.87 Lakh ₹16.69 Lakh ₹59.59 Lakh -₹30.86 Lakh
Total Comprehensive Income ₹27.84 Cr ₹28.57 Cr ₹37.63 Cr ₹66.23 Cr ₹20.97 Cr ₹21.62 Cr ₹4.63 Cr
EBITDA (computed) ₹57.88 Cr ₹63.89 Cr ₹85.29 Cr ₹69.9 Cr ₹55.92 Cr ₹63.9 Cr ₹36.86 Cr
Basic EPS ₹2.75 ₹3.07 ₹3.95 ₹6.57 ₹2.08 ₹2.10 ₹0.49
Diluted EPS ₹2.75 ₹3.07 ₹3.95 ₹6.57 ₹2.08 ₹2.10 ₹0.49
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹776.66 Cr ₹674.9 Cr ₹695.15 Cr ₹778.31 Cr
Non-current Assets ₹300.12 Cr ₹285.64 Cr ₹254.5 Cr ₹256.49 Cr
Current Assets ₹476.53 Cr ₹389.26 Cr ₹429.01 Cr ₹510.18 Cr
Property, Plant & Equipment ₹190.23 Cr ₹188.27 Cr ₹176.39 Cr ₹175.36 Cr
Inventories ₹70.78 Cr ₹56.14 Cr ₹45.94 Cr ₹43.67 Cr
Trade Receivables ₹267.87 Cr ₹187.35 Cr ₹195.83 Cr ₹347.95 Cr
Cash & Equivalents ₹11.57 Cr ₹6.31 Cr ₹5.35 Cr ₹8.04 Cr
Equity (Net Worth) ₹436.59 Cr ₹418.75 Cr ₹410.19 Cr ₹392.56 Cr
Equity Share Capital ₹20 Cr ₹20 Cr ₹20 Cr ₹20 Cr
Borrowings (Non-current) ₹38.56 Cr ₹28.08 Cr ₹6.84 Cr ₹14.55 Cr
Borrowings (Current) ₹13.38 Cr ₹18.68 Cr ₹7.81 Cr ₹16.37 Cr
Total Debt (computed) ₹51.94 Cr ₹46.76 Cr ₹14.65 Cr ₹30.92 Cr
Current Liabilities ₹268.81 Cr ₹189.74 Cr ₹243.01 Cr ₹348.57 Cr
Total Liabilities ₹340.06 Cr ₹256.14 Cr ₹284.97 Cr ₹385.75 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹24.05 Cr -₹18.61 Cr ₹91.93 Cr -₹20.12 Cr ₹105.39 Cr
Investing Cash Flow -₹7.31 Cr ₹14.25 Cr -₹52.43 Cr ₹59.36 Cr -₹89.15 Cr
Financing Cash Flow -₹11.48 Cr ₹5.32 Cr -₹42.19 Cr -₹33.36 Cr -₹29.07 Cr
Capital Expenditure ₹30.08 Cr ₹53.15 Cr ₹19.11 Cr ₹12.88 Cr ₹8.69 Cr
Free Cash Flow (computed) -₹6.03 Cr -₹71.76 Cr ₹72.82 Cr -₹33 Cr ₹96.7 Cr
Dividends Paid ₹10 Cr ₹20 Cr ₹20 Cr ₹10 Cr ₹0
Net Change in Cash ₹5.26 Cr ₹96.44 Lakh -₹2.69 Cr ₹5.88 Cr -₹12.83 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹381.3 Cr ₹386.08 Cr ₹374.44 Cr ₹296.76 Cr ₹312.2 Cr ₹309.79 Cr ₹330.37 Cr ₹318.17 Cr ₹278.22 Cr ₹276.4 Cr ₹397.43 Cr ₹370.38 Cr
Other Income ₹5.78 Cr ₹5.88 Cr ₹10.63 Cr ₹12.57 Cr ₹2.82 Cr ₹2.67 Cr ₹11.73 Cr ₹13.04 Cr ₹8.39 Cr ₹10.41 Cr ₹7.76 Cr ₹10.78 Cr
Total Income ₹387.07 Cr ₹391.96 Cr ₹385.07 Cr ₹309.33 Cr ₹315.01 Cr ₹312.47 Cr ₹342.1 Cr ₹331.2 Cr ₹286.61 Cr ₹286.8 Cr ₹405.19 Cr ₹381.16 Cr
Cost of Materials Consumed ₹304.58 Cr ₹308.71 Cr ₹302.94 Cr ₹242.52 Cr ₹229.08 Cr ₹247.93 Cr ₹262.32 Cr ₹260.46 Cr ₹208.36 Cr ₹219.2 Cr ₹335.6 Cr ₹315.43 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 -₹2.96 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹20.95 Lakh -₹31.29 Lakh ₹82.91 Lakh -₹2.97 Cr ₹11.78 Cr ₹0 -₹3.85 Cr -₹5.27 Cr ₹7.22 Cr -₹3.1 Cr -₹1.47 Cr -₹69.8 Lakh
Employee Benefit Expense ₹22.54 Cr ₹21.72 Cr ₹21.73 Cr ₹21.85 Cr ₹20.63 Cr ₹19.72 Cr ₹23.07 Cr ₹21.67 Cr ₹20.79 Cr ₹18.15 Cr ₹19.38 Cr ₹19.6 Cr
Finance Costs ₹1.16 Cr ₹1.17 Cr ₹99.89 Lakh ₹1.18 Cr ₹1.12 Cr ₹1.15 Cr ₹86.2 Lakh ₹52.79 Lakh ₹78.69 Lakh ₹73.51 Lakh ₹80.06 Lakh ₹95.01 Lakh
Depreciation & Amortisation ₹4.7 Cr ₹4.86 Cr ₹5.12 Cr ₹4.89 Cr ₹5.64 Cr ₹5.22 Cr ₹5.4 Cr ₹4.87 Cr ₹4.81 Cr ₹4.95 Cr ₹5.07 Cr ₹4.95 Cr
Other Expenses ₹49.18 Cr ₹40.27 Cr ₹49.76 Cr ₹32.43 Cr ₹41.45 Cr ₹39.79 Cr ₹37.64 Cr ₹33.44 Cr ₹30.26 Cr ₹30.05 Cr ₹28.56 Cr ₹27.14 Cr
Total Expenses ₹381.95 Cr ₹376.41 Cr ₹381.38 Cr ₹299.89 Cr ₹309.69 Cr ₹310.83 Cr ₹325.44 Cr ₹315.7 Cr ₹272.23 Cr ₹269.99 Cr ₹387.94 Cr ₹367.37 Cr
Profit Before Exceptional Items & Tax ₹5.12 Cr ₹15.55 Cr ₹3.69 Cr ₹9.44 Cr ₹5.32 Cr ₹1.63 Cr ₹16.66 Cr ₹15.5 Cr ₹14.38 Cr ₹16.81 Cr ₹17.25 Cr ₹13.79 Cr
Exceptional Items -₹30.35 Lakh -₹1.22 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹4.82 Cr ₹14.33 Cr ₹3.69 Cr ₹9.44 Cr ₹5.32 Cr ₹1.63 Cr ₹16.66 Cr ₹15.5 Cr ₹14.38 Cr ₹16.81 Cr ₹17.25 Cr ₹13.79 Cr
Total Tax Expense ₹2.96 Cr ₹3.35 Cr -₹2.64 Cr ₹1.07 Cr ₹1.34 Cr ₹4.32 Cr ₹1.58 Cr ₹1.17 Cr ₹6.66 Cr ₹5.48 Cr ₹5.77 Cr ₹4.78 Cr
Net Profit ₹1.86 Cr ₹10.98 Cr ₹6.34 Cr ₹8.37 Cr ₹3.98 Cr -₹2.68 Cr ₹15.08 Cr ₹14.33 Cr ₹7.72 Cr ₹11.33 Cr ₹11.48 Cr ₹9 Cr
Other Comprehensive Income ₹2.05 Cr -₹52.95 Lakh -₹69.59 Lakh -₹53.51 Lakh -₹75.93 Lakh -₹46.03 Lakh -₹46.03 Lakh ₹46.03 Lakh -₹2.22 Cr ₹12.46 Lakh ₹12.46 Lakh ₹12.46 Lakh
Total Comprehensive Income ₹3.91 Cr ₹10.45 Cr ₹5.64 Cr ₹7.84 Cr ₹3.22 Cr -₹3.14 Cr ₹14.61 Cr ₹14.8 Cr ₹5.5 Cr ₹11.46 Cr ₹11.61 Cr ₹9.13 Cr
EBITDA (computed) ₹10.98 Cr ₹21.59 Cr ₹9.81 Cr ₹15.5 Cr ₹12.08 Cr ₹8 Cr ₹22.92 Cr ₹20.89 Cr ₹19.98 Cr ₹22.5 Cr ₹23.13 Cr ₹19.68 Cr
Basic EPS ₹0.19 ₹1.10 ₹0.63 ₹0.84 ₹0.40 ₹-0.27 ₹1.51 ₹1.43 ₹0.77 ₹1.13 ₹1.15 ₹0.90
Diluted EPS ₹0.19 ₹1.10 ₹0.63 ₹0.84 ₹0.40 ₹-0.27 ₹1.51 ₹1.43 ₹0.77 ₹1.13 ₹1.15 ₹0.90
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Munjal Auto Industries Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Munjal Auto Industries Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.81%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.03%, retail and other public shareholders hold 25.16% of Munjal Auto Industries Limited. The company had 47,111 shareholders on record.

Promoters: 74.81%DII (Domestic Institutional): 0.03%Retail & Others: 25.16%
Mar 2026
QUARTER
74.81% Promoters
0.03% DII (Domestic Institutional)
25.16% Retail & Others
Promoter holding - history
Now 74.81% · Mar 2026High 74.81% · Dec 2015Low 74.81% · Dec 2015
73%73.8%74.5%75.3%76%Dec 2015Mar 2018Sep 2020Mar 2023Sep 2025Dec 2015: 74.81%Mar 2016: 74.81%Jun 2016: 74.81%Sep 2016: 74.81%Dec 2016: 74.81%Mar 2017: 74.81%Jun 2017: 74.81%Jul 2017: 74.81%Sep 2017: 74.81%Dec 2017: 74.81%Mar 2018: 74.81%Jun 2018: 74.81%Sep 2018: 74.81%Dec 2018: 74.81%Mar 2019: 74.81%Jun 2019: 74.81%Sep 2019: 74.81%Dec 2019: 74.81%Mar 2020: 74.81%Jun 2020: 74.81%Sep 2020: 74.81%Dec 2020: 74.81%Mar 2021: 74.81%Jun 2021: 74.81%Sep 2021: 74.81%Dec 2021: 74.81%Mar 2022: 74.81%Jun 2022: 74.81%Sep 2022: 74.81%Dec 2022: 74.81%Mar 2023: 74.81%Jun 2023: 74.81%Sep 2023: 74.81%Dec 2023: 74.81%Mar 2024: 74.81%Jun 2024: 74.81%Sep 2024: 74.81%Dec 2024: 74.81%Mar 2025: 74.81%Jun 2025: 74.81%Sep 2025: 74.81%Dec 2025: 74.81%Mar 2026: 74.81%74.81%74.81%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.81%74.81%74.81%74.81%74.81%74.81%
Public25.19%25.19%25.19%25.19%25.19%25.19%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%
Public25.19%25.19%25.19%25.19%25.19%25.19%25.19%25.19%25.19%25.19%25.19%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00-

Board & Governance of Munjal Auto Industries Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Munjal Auto Industries Limited has 7 directors - 4 independent and 3 executive. The board is chaired by SUDHIR KUMAR MUNJAL.

DirectorPositionOn board sinceListed boards
SUDHIR KUMAR MUNJAL Executive Director · MD · Chairperson 1991-08-01 1
ANJU SUDHIR MUNJAL Executive Director 1999-09-30 1
ANUJ MUNJAL Executive Director 2010-06-01 1
AVI SABAVALA Non-Executive - Independent Director 2020-04-01 2
ATUL HARIBHAI PATEL Non-Executive - Independent Director 2024-04-18 1
SUNIL CHINUBHAI VAKIL Non-Executive - Independent Director 2024-04-18 4
SAMEER SUBHASH KHERA Non-Executive - Independent Director 2024-04-18 3
Board Committees
CommitteeMembers
Audit Committee SUNIL CHINUBHAI VAKIL (Chairperson), ATUL HARIBHAI PATEL, AVI SABAVALA, SUDHIR KUMAR MUNJAL
Nomination and remuneration committee ATUL HARIBHAI PATEL (Chairperson), SUNIL CHINUBHAI VAKIL, SUDHIR KUMAR MUNJAL
Stakeholders Relationship Committee AVI SABAVALA (Chairperson), SAMEER SUBHASH KHERA, ANUJ MUNJAL
Risk Management Committee SUDHIR KUMAR MUNJAL (Chairperson), SAMEER SUBHASH KHERA, ANUJ MUNJAL
Corporate Social Responsibility Committee SAMEER SUBHASH KHERA (Chairperson), SUDHIR KUMAR MUNJAL, ANJU SUDHIR MUNJAL, ANUJ MUNJAL

Group Structure of Munjal Auto Industries Limited

Munjal Auto Industries Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Munjal Auto Industries Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Indutch Composites Technology Private Limited U29100GJ2010PTC059665 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Munjal Auto Industries Limited

Open charges
₹221.18 Cr
Satisfied charges
₹269.53 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹103.05 Cr
Others₹83.13 Cr
Axis Bank Limited₹35.00 Cr
Latest charge details
DateLenderAmountStatus
16 Oct 2025 Axis Bank Limited ₹35 Cr Open
12 Jul 2024 Hdfc Bank Limited ₹51.55 Cr Open
26 Dec 2019 Hdfc Bank Limited ₹21 Cr Open
28 Aug 2009 Others ₹83.13 Cr Open
12 Dec 2003 Hdfc Bank Limited ₹30.5 Cr Open

Total charge records: 23 View all charges

Employees and EPFO Compliance at Munjal Auto Industries Limited

Munjal Auto Industries Limited has a workforce of 905 employees as of Apr 05, 2024.

Employee count
905
Active EPFO establishments
3
Employee growth
-3.62%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Munjal Auto Industries Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Munjal Auto Industries Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Munjal Auto Industries Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Munjal Auto Industries Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Munjal Auto Industries Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Munjal Auto Industries Limited

MSME Payment Delays by Munjal Auto Industries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Munjal Auto Industries Limited

Subsidiaries & Group Companies of Munjal Auto Industries Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Munjal Auto Industries Limited

MCA Filings & Documents of Munjal Auto Industries Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Munjal Auto Industries Limited

Directors
31 Oct 2025
Nitin Sureshchand Bachchavat was appointed as a Cfo on 31 Oct 2025 & has been associated with this company since 8 months 7 days.
Charges
16 Oct 2025
A charge with Axis Bank Limited amounted to Rs. 35.00 Cr with Charge ID 101177426 was registered on 16 Oct 2025.
Directors
15 Oct 2025
Nitin Sureshchand Bachchavat was appointed as a CFO on 15 Oct 2025 & has been associated with this company since 8 months 23 days.
Activity
25 Aug 2025
Munjal Auto Industries Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Charges
28 Jul 2025
A charge registered on 29 Sep 2011 via Charge ID 10310621 with Others was fully satisfied on 28 Jul 2025.
Activity
31 Mar 2025
Munjal Auto Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.

Recent News on Munjal Auto Industries Limited

Frequently Asked Questions about Munjal Auto Industries Limited

Munjal Auto Industries Limited is an active public limited company in the automotive sector based in Baroda, Gujarat, India. It was incorporated on 12 July 1985 (41+ years old) and is registered under CIN L34100GJ1985PLC007958. Listed on BSE: 520059 and NSE: MUNJALAU. The company has 905 employees.

Munjal Auto Industries Limited reported revenue of ₹2,097.38 Cr for FY 2025 (up 9.00% YoY).

The current directors of Munjal Auto Industries Limited are:

The primary industry of Munjal Auto Industries Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.

Yes. Munjal Auto Industries Limited is listed on both BSE (code: 520059) and NSE (symbol: MUNJALAU).

Munjal Auto Industries Limited can be reached at the registered office: 187 Gidc Estate Waghodiadistt, Baroda, Gujarat, India – 391760, or through the website munjalauto.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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