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Minda Corp

  • Market Cap: Mid Cap
  • Industry: Auto Ancillary
  • ISIN: INE842C01021
  • NSEID: MINDACORP
  • BSEID: 538962
INR
492.95
16.95 (3.56%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 70.84 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

485.75497.50

52 Week

390.10652.90
Valuation
Technical
Day's Volume

CASH

70.84 k (-12.43%) Volume

Shareholding (Dec 2024)

FII

7.99%

Held by 107 FIIs

DII

18.42%

Held by 29 DIIs

Promoter

64.84%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 13.90% and Operating profit at 14.04% over the last 5 years

 
2

Flat results in Dec 24

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 11,785 Cr (Mid Cap)

stock-summary
P/E

42.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.29%

stock-summary
Debt Equity

0.02

stock-summary
Return on Equity

12.45%

stock-summary
Price to Book

5.41

Revenue and Profits (1 Year):
Net Sales:
1,253 Cr
(Quarterly Results - Dec 2024)
Net Profit:
65 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.29%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-14.1%
0.10%
-14.0%
1 Year
17.62%
0.34%
17.96%
2 Years
96.24%
0.99%
97.23%
3 Years
109.77%
1.93%
111.7%
4 Years
382.34%
4.14%
386.48%
5 Years
652.02%
8.21%
660.23%

Latest dividend: 0.5 per share ex-dividend date: Feb-12-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.90%
EBIT Growth (5y)
14.04%
EBIT to Interest (avg)
6.09
Debt to EBITDA (avg)
1.71
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.68
Tax Ratio
26.43%
Dividend Payout Ratio
14.73%
Pledged Shares
0
Institutional Holding
26.41%
ROCE (avg)
13.91%
ROE (avg)
10.48%
Valuation key factors
Factor
Value
P/E Ratio
42
Industry P/E
28
Price to Book Value
5.41
EV to EBIT
30.91
EV to EBITDA
20.37
EV to Capital Employed
5.34
EV to Sales
2.31
PEG Ratio
NA
Dividend Yield
0.29%
ROCE (Latest)
17.05%
ROE (Latest)
12.45%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 15 Schemes (15.32%)

FIIs

Held by 107 FIIs (7.99%)

Promoter with highest holding

Ashok Minda (34.19%)

Highest Public shareholder

Axis Mutual Fund Trustee Limited A/c Axis Mutual Fund A/c Ax (5.42%)

Individual Investors Holdings

5.03%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -2.90% vs 8.19% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -12.83% vs 15.79% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,252.56",
          "val2": "1,290.01",
          "chgp": "-2.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "143.56",
          "val2": "146.58",
          "chgp": "-2.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "11.90",
          "val2": "11.08",
          "chgp": "7.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "64.80",
          "val2": "74.34",
          "chgp": "-12.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.46%",
          "val2": "11.36%",
          "chgp": "0.10%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 9.34% vs 5.24% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 33.24% vs -5.73% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,482.40",
          "val2": "2,270.35",
          "chgp": "9.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "278.36",
          "val2": "245.97",
          "chgp": "13.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "20.84",
          "val2": "29.06",
          "chgp": "-28.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "138.54",
          "val2": "103.98",
          "chgp": "33.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.21%",
          "val2": "10.83%",
          "chgp": "0.38%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.70% vs 6.53% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 29.95% vs -3.75% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,734.96",
          "val2": "3,436.16",
          "chgp": "8.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "421.92",
          "val2": "375.84",
          "chgp": "12.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "32.74",
          "val2": "43.38",
          "chgp": "-24.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "203.34",
          "val2": "156.47",
          "chgp": "29.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.30%",
          "val2": "10.94%",
          "chgp": "0.36%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 8.16% vs 44.50% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -20.13% vs 48.27% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,651.14",
          "val2": "4,300.14",
          "chgp": "8.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "514.40",
          "val2": "461.49",
          "chgp": "11.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "55.86",
          "val2": "40.74",
          "chgp": "37.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "227.22",
          "val2": "284.50",
          "chgp": "-20.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.06%",
          "val2": "10.73%",
          "chgp": "0.33%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,252.56
1,290.01
-2.90%
Operating Profit (PBDIT) excl Other Income
143.56
146.58
-2.06%
Interest
11.90
11.08
7.40%
Exceptional Items
0.00
0.00
Consolidate Net Profit
64.80
74.34
-12.83%
Operating Profit Margin (Excl OI)
11.46%
11.36%
0.10%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -2.90% vs 8.19% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -12.83% vs 15.79% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,482.40
2,270.35
9.34%
Operating Profit (PBDIT) excl Other Income
278.36
245.97
13.17%
Interest
20.84
29.06
-28.29%
Exceptional Items
0.00
0.00
Consolidate Net Profit
138.54
103.98
33.24%
Operating Profit Margin (Excl OI)
11.21%
10.83%
0.38%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 9.34% vs 5.24% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 33.24% vs -5.73% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,734.96
3,436.16
8.70%
Operating Profit (PBDIT) excl Other Income
421.92
375.84
12.26%
Interest
32.74
43.38
-24.53%
Exceptional Items
0.00
0.00
Consolidate Net Profit
203.34
156.47
29.95%
Operating Profit Margin (Excl OI)
11.30%
10.94%
0.36%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 8.70% vs 6.53% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 29.95% vs -3.75% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4,651.14
4,300.14
8.16%
Operating Profit (PBDIT) excl Other Income
514.40
461.49
11.47%
Interest
55.86
40.74
37.11%
Exceptional Items
0.00
0.00
Consolidate Net Profit
227.22
284.50
-20.13%
Operating Profit Margin (Excl OI)
11.06%
10.73%
0.33%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 8.16% vs 44.50% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -20.13% vs 48.27% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Minda Corporation Ltd stock-summary
stock-summary
Minda Corporation Ltd
Mid Cap
Auto Ancillary
Minda Corporation Ltd was incorporated in the year March 11th, 1985 with the name Minda Switch Auto Private Limited for manufacture of Ignition Switches for Indian Automotive Industry and is the flagship company of Spark Minda, Ashok Minda Group, which was part of erstwhile Minda Group. The Company has 34 plants and offices in India and overseas. In addition, it has a design office located in Japan.
Company Coordinates stock-summary
Company Details
A-15 Ashok Vihar, Phase - 1 New Delhi Delhi : 110052
stock-summary
Tel: 91-011-27213326/91-0124-4698400-427
stock-summary
http://www.minda.co.in
stock-summary
investor@mindacorporation.com
Registrar Details
Skyline Financial Services Pvt Ltd , 123 , Vinoba Puri, Lajpat Nagar - II, New Delhi
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