Minda Corporation Ltd
MINDACORPMinda Corporation Ltd
MINDACORP
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 28.77 | 5.03 | 0.36% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 67.91 | 6.58 | 0.58% |
Forecast & Ratings
Detailed Forecastfrom 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Minda Corporation is an automotive component and flagship company. It has a diversified product portfolio that encompasses Safety, Security and Restraint Systems; Driver Information and Telematics Systems, and Interior Systems for auto manufacturers.
Investor Presentation
View olderPeers
Compare with peersBosch Ltd
Samvardhana Motherson International Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,995.69 | 2,476.53 | 2,086.60 | 2,622.90 | 3,173.00 | 2,277.70 | 2,401.10 | 3,032.80 | 4,315.90 | 4,424.24 | ||||||||||
Raw Materials | 1,209.11 | 1,513.49 | 1,337.30 | 1,634.10 | 1,892.00 | 1,359.20 | 1,518.50 | 1,862.10 | 2,802.70 | 3,936.19 | ||||||||||
| Power & Fuel Cost | 36.96 | 40.77 | 39.80 | 50.70 | 62.10 | 46.80 | 48.00 | 59.90 | 81.50 | |||||||||||
| Employee Cost | 336.53 | 416.48 | 371.40 | 441.30 | 509.20 | 356.60 | 382.70 | 474.20 | 625.50 | |||||||||||
| Selling & Administrative Expenses | 129.24 | 153.22 | 130.80 | 114.10 | 130.10 | 79.50 | 59.60 | 64.50 | 105.90 | |||||||||||
| Operating & Other expenses | 73.24 | 94.53 | -11.50 | 77.70 | 204.50 | 468.10 | 179.80 | 219.60 | 221.40 | |||||||||||
EBITDA | 210.61 | 258.04 | 218.80 | 305.00 | 375.10 | -32.50 | 212.50 | 352.50 | 478.90 | 488.05 | ||||||||||
| Depreciation/Amortization | 60.26 | 74.46 | 57.70 | 73.80 | 88.30 | 86.60 | 93.60 | 112.00 | 138.10 | 153.01 | ||||||||||
| PBIT | 150.35 | 183.58 | 161.10 | 231.20 | 286.80 | -119.10 | 118.90 | 240.50 | 340.80 | 335.04 | ||||||||||
| Interest & Other Items | 39.46 | 37.06 | 30.20 | 39.80 | 50.70 | 41.30 | 38.80 | 32.00 | 42.30 | 51.84 | ||||||||||
| PBT | 110.89 | 146.52 | 130.90 | 191.40 | 236.10 | -160.40 | 80.10 | 208.50 | 298.50 | 283.20 | ||||||||||
| Taxes & Other Items | 21.35 | 39.27 | 28.80 | 48.70 | 66.90 | 39.40 | 27.30 | 16.60 | 14.00 | 5.02 | ||||||||||
| Net Income | 89.54 | 107.25 | 102.10 | 142.70 | 169.20 | -199.80 | 52.80 | 191.90 | 284.50 | 278.18 | ||||||||||
| EPS | 7.23 | 5.17 | 4.91 | 6.86 | 7.79 | -8.81 | 2.26 | 8.03 | 11.90 | 11.64 | ||||||||||
| DPS | 0.40 | 0.50 | 0.50 | 0.60 | 0.70 | 0.35 | 0.65 | 1.00 | 1.20 | 1.20 | ||||||||||
| Payout ratio | 0.06 | 0.10 | 0.10 | 0.09 | 0.09 | — | 0.29 | 0.12 | 0.10 | 0.10 |
Company Updates
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Minda Corporation Ltd | 28.13 | 5.03 | 0.36% |
| Bosch Ltd | 43.52 | 5.64 | 2.28% |
| Samvardhana Motherson International Ltd | 39.65 | 2.43 | 0.74% |
| Schaeffler India Ltd | 49.69 | 10.19 | 0.86% |
Price Comparison
Compare MINDACORP with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 5.62%
Top 5 Mutual Funds holding Minda Corporation Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
AXIS SMALL CAP FUND - DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.9558% | Percentage of the fund’s portfolio invested in the stock 0.96% | Change in the portfolio weight of the stock over the last 3 months 0.55% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/102 (+26) |
Quant Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7625% | Percentage of the fund’s portfolio invested in the stock 1.48% | Change in the portfolio weight of the stock over the last 3 months 0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/127 (+1) |
ADITYA BIRLA SUN LIFE PURE VALUE FUND-DIRECT PLAN-GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5649% | Percentage of the fund’s portfolio invested in the stock 2.66% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/84 (-2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.36%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.56 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 21, 2023
Dividend/Share
₹0.80
Ex DateEx Date
Jul 21, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹0.40
Ex DateEx Date
Feb 17, 2023
Cash Dividend
Ex DateEx DateJul 21, 2022
Dividend/Share
₹0.70
Ex DateEx Date
Jul 21, 2022
Cash Dividend
Ex DateEx DateFeb 15, 2022
Dividend/Share
₹0.30
Ex DateEx Date
Feb 15, 2022
Cash Dividend
Ex DateEx DateJul 1, 2021
Dividend/Share
₹0.35
Ex DateEx Date
Jul 1, 2021
News & Opinions
Minda Corp Q2 Results Review - Ebitda Inline; Orderbook Remains Strong: Axis Securities
3 weeks ago•Bloomberg Quint
Buy Minda Corporation; target of Rs 351: KR Choksey
3 months ago•Moneycontrol
Bulk Deals: PHI Capital Trust exits Minda Corporation, Carlyle Group offloads 2.17% stake in Piramal Pharma
3 months ago•Moneycontrol
SBI, HDFC Bank & Minda Corporation: Here’s what Vinit Bolinjkar of Ventura Securities says on these 3 stocks
3 months ago•Business Today
Here’s why Abhijit Choksi is bullish on EPC engineering sector
4 months ago•Economic Times
Minda Corp shares hit record high on Rs 750-crore order
4 months ago•Business Today
Minda Corporation bags ₹750 crore order for EV battery chargers
4 months ago•The Hindu
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.47%, vs industry avg of 8.32%
Increasing Market Share
Over the last 5 years, market share increased from 1.28% to 1.57%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 14.8%, vs industry avg of 4.54%