company background image
MINDACORP logo

Minda NSEI:MINDACORP Stock Report

Last Price

₹489.90

Market Cap

₹116.3b

7D

-1.9%

1Y

43.7%

Updated

18 Nov, 2024

Data

Company Financials +

Minda Corporation Limited

NSEI:MINDACORP Stock Report

Market Cap: ₹116.3b

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

MINDACORP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
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₹489.90
52 Week High₹652.00
52 Week Low₹335.00
Beta0.97
11 Month Change-8.69%
3 Month Change-6.53%
1 Year Change43.73%
33 Year Change212.94%
5 Year Change430.19%
Change since IPO10,268.25%

Recent News & Updates

Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing

Nov 07
Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing

Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?

Oct 17
Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?

Recent updates

Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing

Nov 07
Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing

Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?

Oct 17
Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?

Minda Corporation Limited (NSE:MINDACORP) Analysts Are Pretty Bullish On The Stock After Recent Results

Aug 13
Minda Corporation Limited (NSE:MINDACORP) Analysts Are Pretty Bullish On The Stock After Recent Results

Investors Appear Satisfied With Minda Corporation Limited's (NSE:MINDACORP) Prospects

Jul 24
Investors Appear Satisfied With Minda Corporation Limited's (NSE:MINDACORP) Prospects

Does Minda (NSE:MINDACORP) Have A Healthy Balance Sheet?

Jun 25
Does Minda (NSE:MINDACORP) Have A Healthy Balance Sheet?

Minda (NSE:MINDACORP) Hasn't Managed To Accelerate Its Returns

Jun 09
Minda (NSE:MINDACORP) Hasn't Managed To Accelerate Its Returns

Here's What Analysts Are Forecasting For Minda Corporation Limited (NSE:MINDACORP) After Its Annual Results

May 25
Here's What Analysts Are Forecasting For Minda Corporation Limited (NSE:MINDACORP) After Its Annual Results

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?

Shareholder Returns

MINDACORPIN Auto ComponentsIN Market
7D-1.9%-4.1%-3.3%
1Y43.7%27.8%27.5%

Return vs Industry: MINDACORP exceeded the Indian Auto Components industry which returned 27.8% over the past year.

Return vs Market: MINDACORP exceeded the Indian Market which returned 27.5% over the past year.

Price Volatility

Is MINDACORP's price volatile compared to industry and market?
MINDACORP volatility
MINDACORP Average Weekly Movement7.8%
Auto Components Industry Average Movement5.5%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.0%

Stable Share Price: MINDACORP's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: MINDACORP's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19583,344Ashok 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. 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

How do Minda's earnings and revenue compare to its market cap?
MINDACORP fundamental statistics
Market cap₹116.30b
Earnings (TTM)₹2.62b
Revenue (TTM)₹48.63b

44.0x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
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 Margin36.25%
Net Profit Margin5.38%
Debt/Equity Ratio15.9%

How did MINDACORP perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

8%

Payout Ratio