Should I buy or sell Minda Corporation?

The average broker rating on Minda Corporation is Buy. The breakup of analyst rating is given below - 0 analysts have given a strong sell rating 0 analysts have given a sell rating 1 analysts have given a hold rating 3 analysts have given a buy rating 0 analysts have given a strong buy rating

Is Minda Corporation a good stock to invest in?

Minda Corporation can be analyzed on the following key metrics - TTM P/E: 45.99 Sector P/E: 35.16 Dividend Yield: 0.25% D/E ratio: -

Minda Corporation Share Price

Sector: Auto & Truck Parts

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537.95 -13.25 (-2.40%)

1D
5D
1M
3M
6M
1Y
5Y
MAX

Price Range

Today’s Low 536.45

Today’s High 556.45

52 Week Low 312.75

52 Week High 652.9

Key Metrics

Market Cap (In Cr) 12963.98
Beta 1.29
Div. Yield (%) 0.25
P/B 6.55
TTM P/E 45.99
Peg Ratio 1.79
Sector P/E 35.16
D/E -
Open Price 552.55
Prev Close 551.2

View All Metrics

Minda Corporation Analysis

Price Analysis

1 Week

-4.66%
3 Months

12.67%
6 Month

35.5%
YTD

42.65%
1 Year

62.66%

Risk Meter

40% Low risk
40% Moderate risk
40% Balanced Risk
40% High risk
40% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
0
0
0
0

Buy
3
3
3
3

Hold
1
1
1
1

Sell
0
0
0
0

Strong Sell
0
0
0
0

Total
4
4
4
4

Minda Corporation News

Stocks to buy: TCS, Eicher Motors, Radico Khaitan among 10 stocks that may rise 6-14% in next 2-3 weeks, say analysts (Pixabay)

Premium

Stocks to buy: These 10 stocks may rise 6-14% in next 2-3 weeks, say analysts

9 min read . 02 Sep 2024

Premium

TVS Motor, Hero MotoCorp and more: Axis Securities lists top picks in auto and auto ancillary sector

6 min read . 21 Aug 2024

Minda Corporation share price has been on a strong uptrend over the last year. (Pixabay)

Premium

Minda Corp shares hit record high; is the stock buy-worthy? Experts weigh in

4 min read . 18 Jun 2024

Minda Corporation, a top pick of the week by Axis Securities, has surged in stock price with strong EV order wins and EBITDA margin improvement. (AFP)

Premium

Up 10% in June so far, Minda Corporation is Axis Securities' pick of the week

3 min read . 18 Jun 2024

View More News

Minda Corporation Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2024

Total Revenue
4651.14

Selling/ General/ Admin Expenses Total
728.48

Depreciation/ Amortization
165.8

Other Operating Expenses Total
484.43

Total Operating Expense
4302.54

Operating Income
348.6

Net Income Before Taxes
310.45

Net Income
227.22

Diluted Normalized EPS
9.49

Period
2023

Total Revenue
4300.1

Selling/ General/ Admin Expenses Total
916.4

Depreciation/ Amortization
138.1

Other Operating Expenses Total
19.8

Total Operating Expense
3970.5

Operating Income
329.6

Net Income Before Taxes
288.6

Net Income
284.5

Diluted Normalized EPS
11.91

Period
2022

Total Revenue
2975.9

Selling/ General/ Admin Expenses Total
697.1

Depreciation/ Amortization
112

Other Operating Expenses Total
17

Total Operating Expense
2756.2

Operating Income
219.7

Net Income Before Taxes
215.9

Net Income
191.9

Diluted Normalized EPS
6.78

Period
2021

Total Revenue
2367.9

Selling/ General/ Admin Expenses Total
574.2

Depreciation/ Amortization
93.6

Other Operating Expenses Total
13.9

Total Operating Expense
2242.8

Operating Income
125.1

Net Income Before Taxes
124.7

Net Income
52.8

Diluted Normalized EPS
4.05

Period
2020

Total Revenue
2222.6

Selling/ General/ Admin Expenses Total
553.3

Depreciation/ Amortization
86.6

Other Operating Expenses Total
12.7

Total Operating Expense
2061.7

Operating Income
160.9

Net Income Before Taxes
175

Net Income
-199.8

Diluted Normalized EPS
6.15

Period
2019

Total Revenue
3091.97

Selling/ General/ Admin Expenses Total
509.21

Depreciation/ Amortization
88.28

Other Operating Expenses Total
387.2

Total Operating Expense
2870.38

Operating Income
221.59

Net Income Before Taxes
236.03

Net Income
169.22

Diluted Normalized EPS
6.96

Period
2018

Total Revenue
2635

Selling/ General/ Admin Expenses Total
666.6

Depreciation/ Amortization
73.8

Other Operating Expenses Total
16.1

Total Operating Expense
2432.9

Operating Income
202.1

Net Income Before Taxes
191.4

Net Income
142.7

Diluted Normalized EPS
6.8

View detailed financials

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Minda Corporation Technical

Moving Average SMA

5 Day573.01
10 Day580.06
20 Day580.89

50 Day559.25
100 Day512.09
300 Day458.98

Minda Corporation Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Kirloskar Oil Engines
1202.05
-3.6
-0.3
1450
495.65
17424.41

Asahi India Glass
720.25
-16.25
-2.21
833
502.2
17509.28

Minda Corporation
537.95
-13.25
-2.4
652.9
312.75
12862.38

Sansera Engineering
1567.1
-39.65
-2.47
1756.95
820.6
8402.01

Suprajit Engineering
512.6
-14.95
-2.83
639.95
353.25
7097.51

Minda Corporation Shareholding

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

View All

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

08-Aug-24
Quarterly Results

22-May-24
Audited Results & Final Dividend

01-Feb-24
Quarterly Results & Interim Dividend

02-Nov-23
Quarterly Results

03-Aug-23
Quarterly Results

02-Jun-23
Rights issue & Preferential issue

19-May-23
Audited Results & Final Dividend

08-Feb-23
Quarterly Results & Interim Dividend

04-Nov-22
Quarterly Results

05-Aug-22
Quarterly Results

Meeting Date
Announced on
Purpose

14-Mar-24
07-Feb-24
POM

24-Sept-23
22-Aug-23
POM

27-Jul-23
19-May-23
AGM

28-Jul-22
17-May-22
AGM

09-Jul-21
20-May-21
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

22-May-24
-
07-Aug-24
0.9

01-Feb-24
14-Feb-24
14-Feb-24
0.5

19-May-23
-
21-Jul-23
0.8

08-Feb-23
18-Feb-23
17-Feb-23
0.4

17-May-22
-
21-Jul-22
0.7

04-Feb-22
16-Feb-22
15-Feb-22
0.3

18-May-21
-
01-Jul-21
0.35

03-Feb-21
16-Feb-21
15-Feb-21
0.3

View All

Company Profile

ABOUT Minda Corporation

Industry Auto & Truck Parts
ISIN INE842C01021
BSE Code 538962
NSE Code MINDACORP

Minda Corporation Limited is an India-based company engaged in manufacturing automotive components. The Company is primarily engaged in the manufacturing and assembly of safety and security systems and their associated components for the automotive industry. Its diverse product portfolio includes Mechatronics, Information and Connected Systems, Plastics and Interiors, Aftermarket solutions, Electronics Manufacturing, and Spark Minda Green Mobility. Its mechatronics include ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. Its aftermarket products include helmets, fiber parts, wiper, bearings, locks, filters, and lubricants. It offers its products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles.

MANAGEMENT

Ashok Minda Chairman, Group Chief Executive Officer
Vinod Raheja Chief Financial Officer
Aakash Minda Executive Director - Group Finance and Strategy, CEO - Plastics and Interior Electronic Manufacturing Excellence
Deepak Arora CEO BV-II (Wiring Harness Division)
Arvind Chandra CEO - Mechatronics
Sumit Doseja CEO - Information & Connected System
Sanjay Gupta CEO - MIL, EME & SMGM
Arun Nagpal CEO - Aftermarket Division
Ashim Vohra Group Chief Operating Officer
Ajay Singhroha Group Chief Human Resource Officer

MINDA CORPORATION SUMMARY

Minda Corporation is trading 2.40% lower at Rs 537.95 as compared to its last closing price. Minda Corporation has been trading in the price range of 556.45 & 536.45. Minda Corporation has given 42.65% in this year & -4.66% in the last 5 days.

Minda Corporation has TTM P/E ratio 45.99 as compared to the sector P/E of 35.16. There are 4 analysts who have initiated coverage on Minda Corporation. There are 0 analysts who have given it a strong buy rating & 3 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

The company posted a net profit of 64.2 Crores in its last quarter.

Listed peers of Minda Corporation include Kirloskar Oil Engines (-0.3%), Asahi India Glass (-2.21%), Minda Corporation (-2.4%) etc.

Minda Corporation has a 1.59% promoter holding & 1.59% public holding.

FAQs about Minda Corporation

Minda Corporation is trading at 537.95 as on 17 Oct, 2024 11:01:48 AM. This is -2.40% lower as compared to its previous closing price of 551.2

The market capitalization of Minda Corporation is 12963.98 Cr as on 17 Oct, 2024 11:01:48 AM.

The average broker rating on Minda Corporation is Buy. The breakup of analyst rating is given below -

0 analysts have given a strong sell rating
0 analysts have given a sell rating
1 analysts have given a hold rating
3 analysts have given a buy rating
0 analysts have given a strong buy rating

The 52 wk high for Minda Corporation is 652.9 whereas the 52 wk low is 312.75

Minda Corporation can be analyzed on the following key metrics -

TTM P/E: 45.99
Sector P/E: 35.16
Dividend Yield: 0.25%
D/E ratio: -

Minda Corporation reported a net profit of 227.22 Cr in 2024.

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Minda Corporation Share Price

Price Range

Price Range

Key Metrics

Minda Corporation Analysis

Minda Corporation News

Stocks to buy: These 10 stocks may rise 6-14% in next 2-3 weeks, say analysts

TVS Motor, Hero MotoCorp and more: Axis Securities lists top picks in auto and auto ancillary sector

Minda Corp shares hit record high; is the stock buy-worthy? Experts weigh in

Up 10% in June so far, Minda Corporation is Axis Securities' pick of the week

Minda Corporation Financials

Forecast

Forecast

Forecast

Minda Corporation Technical

Minda Corporation Peers

Minda Corporation Shareholding

Shareholding Pattern

Shareholding Trend

Corporate Actions

Company Profile

ABOUT Minda Corporation

MANAGEMENT

MINDA CORPORATION SUMMARY

FAQs about Minda Corporation

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