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Minda NSEI:MINDACORP Stock Report

Last Price

₹409.15

Market Cap

₹96.2b

7D

1.0%

1Y

44.6%

Updated

26 Apr, 2024

Data

Company Financials +

Minda Corporation Limited

NSEI:MINDACORP Stock Report

Market Cap: ₹96.2b

MINDACORP Stock Overview

Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe.

MINDACORP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Minda Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Minda
Historical stock prices
Current Share Price₹409.15
52 Week High₹449.95
52 Week Low₹262.00
Beta0.85
1 Month Change-1.34%
3 Month Change0.23%
1 Year Change44.63%
3 Year Change304.10%
5 Year Change236.61%
Change since IPO8,559.26%

Recent News & Updates

What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Mar 27
What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50

Feb 08
Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50

Recent updates

What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Mar 27
What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50

Feb 08
Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50

Revenue Miss: Minda Corporation Limited Fell 5.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Feb 04
Revenue Miss: Minda Corporation Limited Fell 5.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Reasonably Well

Jan 16
These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Reasonably Well

Minda Corporation Limited's (NSE:MINDACORP) Price Is Out Of Tune With Earnings

Dec 20
Minda Corporation Limited's (NSE:MINDACORP) Price Is Out Of Tune With Earnings

If EPS Growth Is Important To You, Minda (NSE:MINDACORP) Presents An Opportunity

Oct 12
If EPS Growth Is Important To You, Minda (NSE:MINDACORP) Presents An Opportunity

Minda's (NSE:MINDACORP) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 08
Minda's (NSE:MINDACORP) Shareholders Will Receive A Bigger Dividend Than Last Year

Minda's (NSE:MINDACORP) Dividend Will Be Increased To ₹0.80

Jun 24
Minda's (NSE:MINDACORP) Dividend Will Be Increased To ₹0.80

Minda (NSE:MINDACORP) Is Increasing Its Dividend To ₹0.80

Jun 10
Minda (NSE:MINDACORP) Is Increasing Its Dividend To ₹0.80

Minda (NSE:MINDACORP) Has Announced That It Will Be Increasing Its Dividend To ₹0.80

May 22
Minda (NSE:MINDACORP) Has Announced That It Will Be Increasing Its Dividend To ₹0.80

Here's Why We Think Minda (NSE:MINDACORP) Might Deserve Your Attention Today

Mar 28
Here's Why We Think Minda (NSE:MINDACORP) Might Deserve Your Attention Today

Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Dec 03
Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Minda Corporation Limited (NSE:MINDACORP) Shares Could Be 45% Below Their Intrinsic Value Estimate

Aug 17
Minda Corporation Limited (NSE:MINDACORP) Shares Could Be 45% Below Their Intrinsic Value Estimate

Is Minda (NSE:MINDACORP) A Risky Investment?

Aug 03
Is Minda (NSE:MINDACORP) A Risky Investment?

When Should You Buy Minda Corporation Limited (NSE:MINDACORP)?

Jul 14
When Should You Buy Minda Corporation Limited (NSE:MINDACORP)?

Here's What's Concerning About Minda's (NSE:MINDACORP) Returns On Capital

Jun 30
Here's What's Concerning About Minda's (NSE:MINDACORP) Returns On Capital

Here's Why Minda (NSE:MINDACORP) Has Caught The Eye Of Investors

Jun 18
Here's Why Minda (NSE:MINDACORP) Has Caught The Eye Of Investors

What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Apr 07
What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Minda Corporation Limited's (NSE:MINDACORP) Intrinsic Value Is Potentially 25% Below Its Share Price

Jan 08
Minda Corporation Limited's (NSE:MINDACORP) Intrinsic Value Is Potentially 25% Below Its Share Price

These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Safely

Dec 21
These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Safely

Minda (NSE:MINDACORP) May Have Issues Allocating Its Capital

Nov 22
Minda (NSE:MINDACORP) May Have Issues Allocating Its Capital

Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Jul 15
Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Minda (NSE:MINDACORP) Is Reinvesting At Lower Rates Of Return

Jun 14
Minda (NSE:MINDACORP) Is Reinvesting At Lower Rates Of Return

Shareholder Returns

MINDACORPIN Auto ComponentsIN Market
7D1.0%1.5%2.8%
1Y44.6%52.6%46.6%

Return vs Industry: MINDACORP underperformed the Indian Auto Components industry which returned 52.6% over the past year.

Return vs Market: MINDACORP underperformed the Indian Market which returned 46.6% over the past year.

Price Volatility

Is MINDACORP's price volatile compared to industry and market?
MINDACORP volatility
MINDACORP Average Weekly Movement3.2%
Auto Components Industry Average Movement6.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: MINDACORP has not had significant price volatility in the past 3 months.

Volatility Over Time: MINDACORP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19582,943Ashok Mindasparkminda.com

Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. It offers mechatronic products, such as ignition switch cum steering locks, smart key systems, mechatronics handles and immobiliser system, die casting components, starter motors, and alternators; information and connected systems, including wiring harness, connectors, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. The company also provides plastic and interior products comprising air vents, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products that comprise locks, lubricants, filters, clutch plates, bearings, wiper blades, brake shoes, and cables.

Minda Corporation Limited Fundamentals Summary

How do Minda's earnings and revenue compare to its market cap?
MINDACORP fundamental statistics
Market cap₹96.17b
Earnings (TTM)₹2.78b
Revenue (TTM)₹45.11b

34.5x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MINDACORP income statement (TTM)
Revenue₹45.11b
Cost of Revenue₹28.75b
Gross Profit₹16.36b
Other Expenses₹13.57b
Earnings₹2.78b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)11.84
Gross Margin36.26%
Net Profit Margin6.17%
Debt/Equity Ratio40.8%

How did MINDACORP perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

11%

Payout Ratio
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