Munjal Auto Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Munjal Auto Industries Ltd reported a 21.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 3.6%.
• Its expenses for the quarter were up by 23.7% QoQ and down 2.9% YoY.
• The net profit decreased 46.8% QoQ and increased 84.4% YoY.
• The earnings per share (EPS) of Munjal Auto Industries Ltd stood at 1.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Munjal Auto Industries Ltd operates in the automotive sector, primarily dealing with the manufacturing of automotive components. The company is known for producing an array of products including exhaust systems, fuel tanks, and other critical automotive components. As part of the larger Hero Group, Munjal Auto plays a significant role in supplying parts to major two-wheeler and four-wheeler manufacturers. There are no specific recent major developments provided in the current dataset. The company's position in the automotive components industry suggests that its operations are closely tied to the performance of the broader automotive market, which can be influenced by factors such as consumer demand, production cycles, and regulatory changes.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Munjal Auto Industries Ltd reported a total income of ₹503.85 crores. This reflects a quarter-over-quarter (QoQ) increase of 21.6% from ₹414.37 crores reported in the fourth quarter of fiscal year 2025 (Q4FY25). However, when compared to the first quarter of fiscal year 2025 (Q1FY25), there is a year-over-year (YoY) decrease of 3.6% from ₹522.93 crores. These figures highlight fluctuations in revenue that could be influenced by various internal and external market factors. The substantial QoQ growth may indicate a recovery or ramp-up in operations post the fiscal year-end, while the YoY decline suggests changes in market conditions or operational dynamics compared to the same period last year.

Profitability

In terms of profitability, Munjal Auto Industries Ltd's profit before tax (PBT) for Q1FY26 was ₹28.42 crores, showing a significant decline of 41.0% QoQ from ₹48.18 crores in Q4FY25. However, this represents a substantial improvement of 177.5% YoY from ₹10.24 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was ₹19.31 crores, marking a decrease of 46.8% QoQ from ₹36.30 crores but an increase of 84.4% YoY from ₹10.47 crores. These metrics indicate a notable improvement in profitability on a YoY basis despite a decline when compared to the previous quarter. Earnings per share (EPS) for Q1FY26 stood at ₹1.60, down from ₹2.70 in Q4FY25 but higher than ₹1.20 in Q1FY25, reflecting similar trends in net profitability.

Operating Metrics

The total expenses for Munjal Auto Industries Ltd in Q1FY26 were ₹486.27 crores, which is a 23.7% increase QoQ from ₹393.13 crores in Q4FY25, but a 2.9% decrease YoY from ₹500.69 crores. The tax expense for Q1FY26 was ₹9.11 crores, decreasing by 23.3% from ₹11.88 crores in the previous quarter. Notably, the tax expense in Q1FY25 was negative at ₹-0.23 crores, indicating a reversal or credit situation during that period. These operating metrics show significant variation in expenses and taxation, potentially reflecting changes in operational efficiency or financial strategy. The data suggests volatility in operating costs and tax liabilities, with possible implications for the company's overall financial performance.