MINDACORP Stock Overview
Manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Minda Corporation Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹516.00 |
| 52 Week High | ₹652.00 |
| 52 Week Low | ₹365.85 |
| Beta | 0.98 |
| 1 Month Change | 5.33% |
| 3 Month Change | -0.80% |
| 1 Year Change | 37.45% |
| 3 Year Change | 200.61% |
| 5 Year Change | 471.11% |
| Change since IPO | 10,820.63% |
Recent News & Updates
Returns At Minda (NSE:MINDACORP) Are On The Way Up
Dec 04
Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing
Nov 07Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?
Oct 17Recent updates
Returns At Minda (NSE:MINDACORP) Are On The Way Up
Dec 04Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing
Nov 07Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?
Oct 17Minda Corporation Limited (NSE:MINDACORP) Analysts Are Pretty Bullish On The Stock After Recent Results
Aug 13Investors Appear Satisfied With Minda Corporation Limited's (NSE:MINDACORP) Prospects
Jul 24Does Minda (NSE:MINDACORP) Have A Healthy Balance Sheet?
Jun 25Minda (NSE:MINDACORP) Hasn't Managed To Accelerate Its Returns
Jun 09Here's What Analysts Are Forecasting For Minda Corporation Limited (NSE:MINDACORP) After Its Annual Results
May 25What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?
Mar 27Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50
Feb 08Revenue Miss: Minda Corporation Limited Fell 5.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Feb 04These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Reasonably Well
Jan 16Minda Corporation Limited's (NSE:MINDACORP) Price Is Out Of Tune With Earnings
Dec 20If EPS Growth Is Important To You, Minda (NSE:MINDACORP) Presents An Opportunity
Oct 12Minda's (NSE:MINDACORP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 08Minda's (NSE:MINDACORP) Dividend Will Be Increased To ₹0.80
Jun 24Minda (NSE:MINDACORP) Is Increasing Its Dividend To ₹0.80
Jun 10Minda (NSE:MINDACORP) Has Announced That It Will Be Increasing Its Dividend To ₹0.80
May 22Here's Why We Think Minda (NSE:MINDACORP) Might Deserve Your Attention Today
Mar 28Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly
Dec 03Minda Corporation Limited (NSE:MINDACORP) Shares Could Be 45% Below Their Intrinsic Value Estimate
Aug 17Is Minda (NSE:MINDACORP) A Risky Investment?
Aug 03When Should You Buy Minda Corporation Limited (NSE:MINDACORP)?
Jul 14Here's What's Concerning About Minda's (NSE:MINDACORP) Returns On Capital
Jun 30Here's Why Minda (NSE:MINDACORP) Has Caught The Eye Of Investors
Jun 18What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?
Apr 07Shareholder Returns
| MINDACORP | IN Auto Components | IN Market | |
|---|---|---|---|
| 7D | -5.7% | -1.8% | -0.9% |
| 1Y | 37.5% | 25.8% | 22.5% |
Return vs Industry: MINDACORP exceeded the Indian Auto Components industry which returned 25.8% over the past year.
Return vs Market: MINDACORP exceeded the Indian Market which returned 22.5% over the past year.
Price Volatility
| MINDACORP volatility | |
|---|---|
| MINDACORP Average Weekly Movement | 5.7% |
| Auto Components Industry Average Movement | 5.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: MINDACORP has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: MINDACORP's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 3,344 | Ashok Minda | sparkminda.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. The company 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. It 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
| MINDACORP fundamental statistics | |
|---|---|
| Market cap | ₹121.40b |
| Earnings (TTM) | ₹2.62b |
| Revenue (TTM) | ₹48.63b |
46.4x
P/E Ratio2.5x
P/S RatioIs MINDACORP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MINDACORP income statement (TTM) | |
|---|---|
| Revenue | ₹48.63b |
| Cost of Revenue | ₹31.00b |
| Gross Profit | ₹17.63b |
| Other Expenses | ₹15.01b |
| Earnings | ₹2.62b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 06, 2025
| Earnings per share (EPS) | 11.13 |
| Gross Margin | 36.25% |
| Net Profit Margin | 5.38% |
| Debt/Equity Ratio | 15.9% |
How did MINDACORP perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:36 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Minda Corporation Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Abhishek Jain | Dolat Capital Market Pvt. Ltd. |
| Shashank Kanodia | ICICIdirect.com |