Minda Corporation Ltd
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹325.5
- Today's High:
- ₹349.15
- Open Price:
- ₹345.55
- 52W Low:
- ₹186.5055
- 52W High:
- ₹316.5
- Prev. Close:
- ₹350.4
- Volume:
- 154214
Company Statistics
- Market Cap.:
- ₹74.40 billion
- Book Value:
- 67.479
- Revenue TTM:
- ₹43.00 billion
- Operating Margin TTM:
- 7.66%
- Gross Profit TTM:
- ₹15.39 billion
- Profit Margin:
- 6.62%
- Return on Assets TTM:
- 7.11%
- Return on Equity TTM:
- 19.48%
Company Profile
Minda Corporation Ltd had its IPO on under the ticker symbol MINDACORP.
The company operates in the Consumer Cyclical sector and Auto Parts industry. Minda Corporation Ltd has a staff strength of 2,943 employees.
Stock update
Shares of Minda Corporation Ltd opened at ₹345.55 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹325.5 - ₹349.15, and closed at ₹332.5.
This is a -5.11% slip from the previous day's closing price.
A total volume of 154,214 shares were traded at the close of the day’s session.
In the last one week, shares of Minda Corporation Ltd have slipped by -5.47%.
Minda Corporation Ltd's Key Ratios
Minda Corporation Ltd has a market cap of ₹74.40 billion, indicating a price to book ratio of 3.5647 and a price to sales ratio of 1.3443.
In the last 12-months Minda Corporation Ltd’s revenue was ₹43.00 billion with a gross profit of ₹15.39 billion and an EBITDA of ₹4.36 billion. The EBITDA ratio measures Minda Corporation Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Minda Corporation Ltd’s operating margin was 7.66% while its return on assets stood at 7.11% with a return of equity of 19.48%.
In Q1, Minda Corporation Ltd’s quarterly earnings growth was a positive 61.1% while revenue growth was a positive 13.4%.
Minda Corporation Ltd’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 25.7616
- PEG
Its diluted EPS in the last 12-months stands at ₹12.08 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Minda Corporation Ltd’s profitability.
Minda Corporation Ltd stock is trading at a EV to sales ratio of 1.3861 and a EV to EBITDA ratio of 11.3302. Its price to sales ratio in the trailing 12-months stood at 1.3443.
Minda Corporation Ltd stock pays annual dividends of ₹1.2 per share, indicating a yield of 0.4% and a payout ratio of 10.09%.
Balance sheet and cash flow metrics
- Total Assets
- ₹32.24 billion
- Total Liabilities
- ₹12.69 billion
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 10.09%
Minda Corporation Ltd ended 2024 with ₹32.24 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹32.24 billion while shareholder equity stood at ₹15.91 billion.
Minda Corporation Ltd ended 2024 with ₹0 in deferred long-term liabilities, ₹12.69 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹929.30 million in goodwill. Its cash balance stood at ₹1.08 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹1.72 billion.
Minda Corporation Ltd’s total current assets stands at ₹15.83 billion while long-term investments were ₹0 and short-term investments were ₹1.37 billion. Its net receivables were ₹6.41 billion compared to accounts payable of ₹7.26 billion and inventory worth ₹5.73 billion.
In 2024, Minda Corporation Ltd's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Minda Corporation Ltd paid ₹0.10 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹332.5
- 52-Week High
- ₹316.5
- 52-Week Low
- ₹186.5055
- Analyst Target Price
- ₹
Minda Corporation Ltd stock is currently trading at ₹332.5 per share. It touched a 52-week high of ₹316.5 and a 52-week low of ₹316.5. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹310.6 and 200-day moving average was ₹254.48 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 7745.3% of the company’s stock are held by insiders while 709.9% are held by institutions.
Frequently Asked Questions About Minda Corporation Ltd
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About
Minda Corporation Limited manufactures and sells automobile components and parts. It offers electronic and mechanical security systems, including ignition switch cum steering locks, smart key systems, mechatronic handles, and immobilizers systems; die casting components, such as aluminum high pressure die casting and compressor housing products; and starter motors and alternators. The company also provides information and connected systems comprising instrument clusters; wiring harnesses, steering roll connectors, and junction boxes; and positional, temperature, and speed and exhaust gas temperature sensors. In addition, it offers plastics and interiors, including air vents, glove boxes, centre consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products, such as filters, clutch plates, bearings, wiper blades, brake shoes and pads, locks, window regulators, and control cables; and products related to electric vehicles, connected systems, antenna, and surface mounting technology. The company offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. It operates in India, the rest of Asia, Europe, North America, and South America. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India. Minda Corporation Limited is a subsidiary of Spark Minda, Ashok Minda Group.