Minda Corporation Limited

NSEI:MINDACORP Stock Report

Market Cap: ₹96.4b

Minda Past Earnings Performance

Past criteria checks 3/6

Minda has been growing earnings at an average annual rate of 24.3%, while the Auto Components industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 11.1% per year. Minda's return on equity is 14.8%, and it has net margins of 6.2%.

Key information

24.3%

Earnings growth rate

23.8%

EPS growth rate

Auto Components Industry Growth16.7%
Revenue growth rate11.1%
Return on equity14.8%
Net Margin6.2%
Last Earnings Update31 Dec 2023

Recent past performance updates

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

Revenue & Expenses Breakdown
Beta

How Minda makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:MINDACORP Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2345,1072,7847,3420
30 Sep 2344,1322,7827,0510
30 Jun 2343,6442,7726,7240
31 Mar 2343,0012,8456,4340
31 Dec 2241,7332,3845,9880
30 Sep 2238,4332,5605,5890
30 Jun 2234,2752,3735,2170
31 Mar 2229,7591,9194,8320
31 Dec 2128,2221,7064,6840
30 Sep 2128,2371,5024,6490
30 Jun 2127,4861,3704,4400
31 Mar 2123,6799353,8990
31 Dec 2027,008-2,7955,1980
30 Sep 2025,046-2,8444,9180
30 Jun 2024,070-2,6714,6450
31 Mar 2022,2261,3563,6610
31 Dec 1928,8661,4195,4410
30 Sep 1929,8421,4505,5090
30 Jun 1930,2201,5245,1520
31 Mar 1930,9201,6925,5440
31 Dec 1830,4121,6715,3740
30 Sep 1829,0831,5885,1970
30 Jun 1827,9001,5624,6080
31 Mar 1825,9351,4274,8000
31 Dec 1732,7271,1325,9200
30 Sep 1731,4479675,7270
30 Jun 1730,3749365,5830
31 Mar 1720,5981,0214,1090
31 Dec 1628,4091,0345,3080
30 Sep 1627,7441,1495,1830
30 Jun 1626,1291,1194,5530
31 Mar 1624,4101,0734,5460
31 Dec 1523,0621,0725,1290
30 Sep 1521,8569964,8700
30 Jun 1520,4049243,4390
31 Mar 1519,8428943,7110
31 Dec 1419,3711,0914,4140
30 Sep 1418,0079764,2340
30 Jun 1417,0058754,0700
31 Mar 1415,8238463,8980
31 Dec 1318,0932594,3800
30 Sep 1319,2141884,6800
30 Jun 1320,1211014,9950

Quality Earnings: MINDACORP has high quality earnings.

Growing Profit Margin: MINDACORP's current net profit margins (6.2%) are higher than last year (5.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MINDACORP's earnings have grown significantly by 24.3% per year over the past 5 years.

Accelerating Growth: MINDACORP's earnings growth over the past year (16.8%) is below its 5-year average (24.3% per year).

Earnings vs Industry: MINDACORP earnings growth over the past year (16.8%) did not outperform the Auto Components industry 17.3%.


Return on Equity

High ROE: MINDACORP's Return on Equity (14.8%) is considered low.


Return on Assets


Return on Capital Employed


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