Share Price and Basic Stock Data
Last Updated: November 19, 2025, 9:56 pm
| PEG Ratio | 7.97 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Minda Corporation Ltd operates within the auto ancillary sector, providing parts and components primarily for the automotive industry. As of the latest data, the company’s share price stood at ₹595, with a market capitalization of ₹14,243 Cr. Revenue from operations has shown a consistent upward trajectory, recording ₹4,300 Cr in FY 2023, which rose to ₹4,651 Cr in FY 2024, and is projected to reach ₹5,056 Cr in FY 2025. The trailing twelve months (TTM) revenue stood at ₹5,495 Cr, indicating robust growth dynamics. Quarterly sales figures reveal that the company generated ₹1,075 Cr in both Jun 2023 and Mar 2024, with a notable increase to ₹1,290 Cr by Sep 2024, reflecting strong demand recovery post-pandemic. This growth aligns with broader industry trends, where auto ancillary firms are experiencing increased production volumes due to rising automobile sales and manufacturing activities across India.
Profitability and Efficiency Metrics
Profitability metrics for Minda Corporation indicate a healthy operational performance. The company reported a net profit of ₹267 Cr for FY 2025, with an operating profit margin (OPM) consistently maintained at approximately 11% over the past fiscal years, with a slight improvement to 12% in Mar 2025. The return on equity (ROE) stood at 12.1%, while the return on capital employed (ROCE) was recorded at 12.7%, demonstrating efficient capital utilization. The interest coverage ratio (ICR) of 9.03x suggests that the company can comfortably meet its interest obligations, reflecting strong earnings before interest and taxes. However, the net profit margin has shown some fluctuations, standing at 4.73% for FY 2025, down from 6.84% in FY 2023, indicating potential pressures on cost management or pricing strategies. Overall, Minda’s performance metrics reveal a stable yet cautious profitability landscape amid rising operational costs.
Balance Sheet Strength and Financial Ratios
Minda Corporation’s balance sheet reflects a solid financial foundation, with total assets of ₹4,874 Cr as of Mar 2025, against total liabilities of ₹4,874 Cr, indicating a balanced financial structure. The company reported reserves of ₹2,392 Cr, providing a cushion for future investments and growth initiatives. Borrowings stood at ₹1,536 Cr, resulting in a debt-to-equity ratio of 0.61, which is relatively moderate for the sector. The current ratio of 0.85 and quick ratio of 0.55 suggest potential liquidity concerns, as the company may face challenges in meeting its short-term liabilities. However, the inventory turnover ratio of 9.13x indicates efficient inventory management, crucial for maintaining operational agility. The price-to-book value (P/BV) ratio of 5.87x suggests that the stock may be trading at a premium compared to its book value, reflecting investor confidence in its growth prospects.
Shareholding Pattern and Investor Confidence
The shareholding structure of Minda Corporation reveals a strong promoter presence, holding 64.84% of the total shares. This substantial shareholding by promoters instills confidence among investors regarding the company’s governance and long-term vision. Foreign institutional investors (FIIs) have increased their stake to 8.72%, while domestic institutional investors (DIIs) hold 18.52%, indicating a favorable outlook from institutional players. Public shareholding has remained relatively stable at 6.35%, suggesting limited volatility in retail investor sentiment. The number of shareholders stood at 96,349, reflecting a growing interest in the company. However, the slight decline in public shareholding from 16.14% in Dec 2022 to 6.35% in Sep 2025 could indicate a consolidation phase among larger stakeholders, potentially impacting liquidity in the stock market.
Outlook, Risks, and Final Insight
The outlook for Minda Corporation appears optimistic, driven by increasing demand in the auto ancillary sector and the company’s robust revenue growth trajectory. However, potential risks include rising input costs, which could pressure profit margins, and liquidity challenges indicated by lower current and quick ratios. Additionally, the company’s ability to sustain profitability amidst fluctuating net profit margins will be crucial for maintaining investor confidence. If Minda can effectively manage its operational costs and leverage its strong market position, it may continue to attract institutional investments and enhance shareholder value. Conversely, failure to address these risks could lead to volatility in earnings and impact stock performance. Overall, Minda Corporation’s strong fundamentals position it well for future growth, provided it navigates the challenges effectively.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Minda Corporation Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| G S Auto International Ltd | 48.7 Cr. | 33.5 | 52.6/30.0 | 26.5 | 16.8 | 0.00 % | 12.2 % | 6.32 % | 5.00 |
| Duncan Engineering Ltd | 157 Cr. | 423 | 680/277 | 34.1 | 158 | 0.71 % | 13.2 % | 9.53 % | 10.0 |
| Divgi Torqtransfer Systems Ltd | 1,909 Cr. | 623 | 720/410 | 63.1 | 199 | 0.42 % | 5.69 % | 4.14 % | 5.00 |
| Bharat Seats Ltd | 1,168 Cr. | 187 | 240/61.1 | 30.7 | 32.9 | 0.59 % | 15.6 % | 18.0 % | 2.00 |
| Automobile Corporation of Goa Ltd | 1,114 Cr. | 1,830 | 2,470/936 | 18.9 | 458 | 1.37 % | 20.2 % | 19.7 % | 10.0 |
| Industry Average | 5,671.48 Cr | 649.36 | 43.24 | 154.70 | 0.68% | 15.11% | 122.81% | 5.59 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,010 | 1,147 | 1,068 | 1,075 | 1,075 | 1,196 | 1,166 | 1,215 | 1,192 | 1,290 | 1,253 | 1,321 | 1,386 |
| Expenses | 904 | 1,023 | 954 | 958 | 960 | 1,065 | 1,036 | 1,076 | 1,061 | 1,143 | 1,109 | 1,168 | 1,230 |
| Operating Profit | 107 | 124 | 114 | 117 | 115 | 131 | 130 | 139 | 132 | 147 | 144 | 153 | 156 |
| OPM % | 11% | 11% | 11% | 11% | 11% | 11% | 11% | 11% | 11% | 11% | 11% | 12% | 11% |
| Other Income | 4 | 4 | 5 | 2 | 2 | 2 | 2 | 10 | 8 | 12 | 9 | 3 | 3 |
| Interest | 8 | 10 | 11 | 12 | 14 | 15 | 14 | 12 | 10 | 11 | 12 | 34 | 33 |
| Depreciation | 32 | 34 | 34 | 39 | 39 | 41 | 42 | 44 | 46 | 51 | 50 | 57 | 56 |
| Profit before tax | 71 | 85 | 74 | 69 | 63 | 77 | 76 | 92 | 84 | 96 | 90 | 65 | 71 |
| Tax % | 26% | 25% | 26% | -80% | 27% | 24% | 33% | 25% | 26% | 26% | 29% | 36% | 26% |
| Net Profit | 52 | 58 | 52 | 122 | 45 | 59 | 52 | 71 | 64 | 74 | 65 | 52 | 65 |
| EPS in Rs | 2.20 | 2.42 | 2.19 | 5.10 | 1.89 | 2.46 | 2.20 | 2.96 | 2.69 | 3.11 | 2.71 | 2.18 | 2.73 |
Last Updated: August 20, 2025, 7:00 am
Below is a detailed analysis of the quarterly data for Minda Corporation Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,386.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,321.00 Cr. (Mar 2025) to 1,386.00 Cr., marking an increase of 65.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,230.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,168.00 Cr. (Mar 2025) to 1,230.00 Cr., marking an increase of 62.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 156.00 Cr.. The value appears strong and on an upward trend. It has increased from 153.00 Cr. (Mar 2025) to 156.00 Cr., marking an increase of 3.00 Cr..
- For OPM %, as of Jun 2025, the value is 11.00%. The value appears to be declining and may need further review. It has decreased from 12.00% (Mar 2025) to 11.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
- For Interest, as of Jun 2025, the value is 33.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 34.00 Cr. (Mar 2025) to 33.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 56.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 57.00 Cr. (Mar 2025) to 56.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 71.00 Cr.. The value appears strong and on an upward trend. It has increased from 65.00 Cr. (Mar 2025) to 71.00 Cr., marking an increase of 6.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 36.00% (Mar 2025) to 26.00%, marking a decrease of 10.00%.
- For Net Profit, as of Jun 2025, the value is 65.00 Cr.. The value appears strong and on an upward trend. It has increased from 52.00 Cr. (Mar 2025) to 65.00 Cr., marking an increase of 13.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.73. The value appears strong and on an upward trend. It has increased from 2.18 (Mar 2025) to 2.73, marking an increase of 0.55.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:52 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,590 | 1,965 | 2,435 | 2,060 | 2,594 | 3,092 | 2,813 | 2,368 | 2,976 | 4,300 | 4,651 | 5,056 | 5,495 |
| Expenses | 1,463 | 1,778 | 2,206 | 1,868 | 2,316 | 2,797 | 2,558 | 2,148 | 2,680 | 3,837 | 4,134 | 4,480 | 4,864 |
| Operating Profit | 127 | 188 | 229 | 192 | 278 | 295 | 256 | 220 | 296 | 463 | 517 | 576 | 631 |
| OPM % | 8% | 10% | 9% | 9% | 11% | 10% | 9% | 9% | 10% | 11% | 11% | 11% | 11% |
| Other Income | 44 | 23 | 29 | 27 | 27 | 80 | -238 | -8 | 56 | 16 | 15 | 32 | 19 |
| Interest | 28 | 39 | 37 | 30 | 40 | 51 | 54 | 39 | 32 | 42 | 57 | 69 | 110 |
| Depreciation | 48 | 60 | 74 | 58 | 74 | 88 | 118 | 94 | 112 | 138 | 166 | 204 | 220 |
| Profit before tax | 96 | 111 | 147 | 131 | 191 | 236 | -154 | 80 | 208 | 298 | 308 | 336 | 319 |
| Tax % | 18% | 24% | 25% | 22% | 25% | 28% | 29% | 39% | 12% | 1% | 27% | 29% | |
| Net Profit | 79 | 88 | 110 | 102 | 143 | 169 | -200 | 53 | 192 | 284 | 227 | 255 | 267 |
| EPS in Rs | 3.79 | 4.28 | 5.12 | 4.88 | 6.82 | 7.45 | -8.79 | 2.21 | 8.03 | 11.90 | 9.50 | 10.68 | 11.16 |
| Dividend Payout % | 5% | 9% | 10% | 10% | 9% | 9% | -4% | 29% | 12% | 10% | 15% | 13% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 11.39% | 25.00% | -7.27% | 40.20% | 18.18% | -218.34% | 126.50% | 262.26% | 47.92% | -20.07% | 12.33% |
| Change in YoY Net Profit Growth (%) | 0.00% | 13.61% | -32.27% | 47.47% | -22.01% | -236.53% | 344.84% | 135.76% | -214.35% | -67.99% | 32.41% |
Minda Corporation Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 18% |
| 3 Years: | 19% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 27% |
| 3 Years: | 15% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 47% |
| 3 Years: | 31% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| Last Year: | 12% |
Last Updated: Unknown
Balance Sheet
Last Updated: November 9, 2025, 2:31 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 41 | 42 | 42 | 42 | 45 | 45 | 48 | 48 | 48 | 48 | 48 | 48 |
| Reserves | 350 | 406 | 507 | 580 | 694 | 1,145 | 925 | 1,094 | 1,278 | 1,538 | 1,928 | 2,150 | 2,392 |
| Borrowings | 572 | 521 | 562 | 549 | 728 | 685 | 625 | 532 | 511 | 718 | 540 | 1,614 | 1,536 |
| Other Liabilities | 370 | 453 | 660 | 377 | 587 | 566 | 732 | 654 | 731 | 905 | 911 | 1,062 | 1,206 |
| Total Liabilities | 1,312 | 1,422 | 1,771 | 1,548 | 2,051 | 2,442 | 2,327 | 2,328 | 2,567 | 3,209 | 3,427 | 4,874 | 5,181 |
| Fixed Assets | 527 | 571 | 719 | 530 | 711 | 732 | 570 | 613 | 887 | 1,026 | 1,207 | 1,507 | 1,544 |
| CWIP | 15 | 15 | 13 | 74 | 16 | 21 | 28 | 18 | 32 | 85 | 63 | 85 | 90 |
| Investments | 25 | 29 | 5 | 126 | 139 | 165 | 176 | 180 | 64 | 451 | 348 | 1,476 | 1,508 |
| Other Assets | 746 | 807 | 1,034 | 818 | 1,184 | 1,524 | 1,552 | 1,517 | 1,583 | 1,647 | 1,809 | 1,806 | 2,039 |
| Total Assets | 1,312 | 1,422 | 1,771 | 1,548 | 2,051 | 2,442 | 2,327 | 2,328 | 2,567 | 3,209 | 3,427 | 4,874 | 5,181 |
Below is a detailed analysis of the balance sheet data for Minda Corporation Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 48.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 48.00 Cr..
- For Reserves, as of Sep 2025, the value is 2,392.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,150.00 Cr. (Mar 2025) to 2,392.00 Cr., marking an increase of 242.00 Cr..
- For Borrowings, as of Sep 2025, the value is 1,536.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,614.00 Cr. (Mar 2025) to 1,536.00 Cr., marking a decrease of 78.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 1,206.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,062.00 Cr. (Mar 2025) to 1,206.00 Cr., marking an increase of 144.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 5,181.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,874.00 Cr. (Mar 2025) to 5,181.00 Cr., marking an increase of 307.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,544.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,507.00 Cr. (Mar 2025) to 1,544.00 Cr., marking an increase of 37.00 Cr..
- For CWIP, as of Sep 2025, the value is 90.00 Cr.. The value appears strong and on an upward trend. It has increased from 85.00 Cr. (Mar 2025) to 90.00 Cr., marking an increase of 5.00 Cr..
- For Investments, as of Sep 2025, the value is 1,508.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,476.00 Cr. (Mar 2025) to 1,508.00 Cr., marking an increase of 32.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,039.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,806.00 Cr. (Mar 2025) to 2,039.00 Cr., marking an increase of 233.00 Cr..
- For Total Assets, as of Sep 2025, the value is 5,181.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,874.00 Cr. (Mar 2025) to 5,181.00 Cr., marking an increase of 307.00 Cr..
Notably, the Reserves (2,392.00 Cr.) exceed the Borrowings (1,536.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -445.00 | -333.00 | -333.00 | -357.00 | -450.00 | -390.00 | -369.00 | -312.00 | -215.00 | -255.00 | -23.00 | 575.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 59 | 65 | 66 | 80 | 64 | 64 | 68 | 70 | 54 | 63 | 60 |
| Inventory Days | 70 | 70 | 78 | 91 | 105 | 86 | 108 | 97 | 93 | 75 | 66 | 67 |
| Days Payable | 93 | 94 | 104 | 79 | 103 | 79 | 139 | 124 | 110 | 95 | 83 | 96 |
| Cash Conversion Cycle | 44 | 36 | 40 | 79 | 82 | 71 | 33 | 41 | 53 | 34 | 46 | 31 |
| Working Capital Days | -3 | 4 | -7 | 6 | 14 | 3 | -19 | -6 | 25 | 13 | 31 | -28 |
| ROCE % | 12% | 16% | 16% | 12% | 18% | 16% | -7% | 10% | 12% | 16% | 15% | 13% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Axis Small Cap Fund | 5,769,277 | 1.18 | 210.72 | 5,769,277 | 2025-04-22 17:25:26 | 0% |
| Quant Small Cap Fund | 5,656,718 | 1.84 | 206.61 | 5,656,718 | 2025-04-22 17:25:26 | 0% |
| Aditya Birla Sun Life Pure Value Fund | 3,844,718 | 2.73 | 140.43 | 3,844,718 | 2025-04-22 15:56:55 | 0% |
| Axis Multicap Fund | 2,830,251 | 2.24 | 103.37 | 2,830,251 | 2025-04-22 15:56:55 | 0% |
| ICICI Prudential Smallcap Fund | 2,581,711 | 1.43 | 94.3 | 2,581,711 | 2025-04-22 17:25:26 | 0% |
| Axis Growth Opportunities Fund | 1,873,575 | 0.66 | 68.43 | 1,873,575 | 2025-04-22 17:25:26 | 0% |
| ICICI Prudential Transportation and Logistics Fund | 1,396,504 | 2.04 | 51.01 | 1,396,504 | 2025-04-22 15:56:55 | 0% |
| Mahindra Manulife Small Cap Fund | 1,196,655 | 1.71 | 43.71 | 1,196,655 | 2025-04-22 17:25:26 | 0% |
| Aditya Birla Sun Life Small Cap Fund | 983,861 | 0.72 | 35.94 | 983,861 | 2025-04-22 17:25:26 | 0% |
| Mahindra Manulife Mid Cap Fund | 735,278 | 1.55 | 26.86 | 735,278 | 2025-04-22 17:25:26 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 10.85 | 9.65 | 12.10 | 8.16 | 2.33 |
| Diluted EPS (Rs.) | 10.68 | 9.49 | 11.90 | 8.01 | 2.29 |
| Cash EPS (Rs.) | 18.56 | 16.36 | 18.10 | 12.41 | 5.96 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 91.95 | 82.67 | 66.36 | 55.46 | 47.78 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 91.95 | 82.67 | 66.36 | 55.46 | 47.78 |
| Revenue From Operations / Share (Rs.) | 211.56 | 194.61 | 179.92 | 124.51 | 99.08 |
| PBDIT / Share (Rs.) | 25.40 | 22.18 | 19.97 | 13.33 | 10.47 |
| PBIT / Share (Rs.) | 16.85 | 15.24 | 14.19 | 8.65 | 6.55 |
| PBT / Share (Rs.) | 14.04 | 12.90 | 12.49 | 8.72 | 5.05 |
| Net Profit / Share (Rs.) | 10.01 | 9.42 | 12.32 | 7.72 | 2.05 |
| NP After MI And SOA / Share (Rs.) | 10.69 | 9.51 | 11.90 | 8.03 | 2.21 |
| PBDIT Margin (%) | 12.00 | 11.39 | 11.09 | 10.70 | 10.56 |
| PBIT Margin (%) | 7.96 | 7.83 | 7.88 | 6.94 | 6.61 |
| PBT Margin (%) | 6.63 | 6.63 | 6.94 | 7.00 | 5.10 |
| Net Profit Margin (%) | 4.73 | 4.84 | 6.84 | 6.19 | 2.06 |
| NP After MI And SOA Margin (%) | 5.05 | 4.88 | 6.61 | 6.44 | 2.22 |
| Return on Networth / Equity (%) | 11.62 | 11.49 | 17.93 | 14.47 | 4.62 |
| Return on Capital Employeed (%) | 13.79 | 15.59 | 17.34 | 13.20 | 12.03 |
| Return On Assets (%) | 5.23 | 6.60 | 8.82 | 7.46 | 2.26 |
| Long Term Debt / Equity (X) | 0.19 | 0.06 | 0.10 | 0.06 | 0.08 |
| Total Debt / Equity (X) | 0.61 | 0.17 | 0.34 | 0.29 | 0.42 |
| Asset Turnover Ratio (%) | 1.22 | 1.40 | 1.29 | 1.20 | 1.01 |
| Current Ratio (X) | 0.85 | 1.80 | 1.25 | 1.53 | 1.44 |
| Quick Ratio (X) | 0.55 | 1.32 | 0.79 | 1.06 | 1.06 |
| Inventory Turnover Ratio (X) | 9.13 | 8.45 | 4.42 | 4.01 | 2.87 |
| Dividend Payout Ratio (NP) (%) | 12.92 | 13.42 | 9.27 | 7.97 | 13.25 |
| Dividend Payout Ratio (CP) (%) | 7.17 | 7.76 | 6.24 | 5.03 | 4.78 |
| Earning Retention Ratio (%) | 87.08 | 86.58 | 90.73 | 92.03 | 86.75 |
| Cash Earning Retention Ratio (%) | 92.83 | 92.24 | 93.76 | 94.97 | 95.22 |
| Interest Coverage Ratio (X) | 9.03 | 9.48 | 11.73 | 10.31 | 6.99 |
| Interest Coverage Ratio (Post Tax) (X) | 4.56 | 5.03 | 8.23 | 5.91 | 3.50 |
| Enterprise Value (Cr.) | 14137.27 | 10151.18 | 5530.40 | 5002.91 | 2390.53 |
| EV / Net Operating Revenue (X) | 2.80 | 2.18 | 1.29 | 1.68 | 1.01 |
| EV / EBITDA (X) | 23.29 | 19.15 | 11.59 | 15.70 | 9.55 |
| MarketCap / Net Operating Revenue (X) | 2.55 | 2.15 | 1.20 | 1.66 | 1.02 |
| Retention Ratios (%) | 87.07 | 86.57 | 90.72 | 92.02 | 86.74 |
| Price / BV (X) | 5.87 | 5.06 | 3.24 | 3.73 | 2.11 |
| Price / Net Operating Revenue (X) | 2.55 | 2.15 | 1.20 | 1.66 | 1.02 |
| EarningsYield | 0.01 | 0.02 | 0.05 | 0.03 | 0.02 |
After reviewing the key financial ratios for Minda Corporation Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 10.85. This value is within the healthy range. It has increased from 9.65 (Mar 24) to 10.85, marking an increase of 1.20.
- For Diluted EPS (Rs.), as of Mar 25, the value is 10.68. This value is within the healthy range. It has increased from 9.49 (Mar 24) to 10.68, marking an increase of 1.19.
- For Cash EPS (Rs.), as of Mar 25, the value is 18.56. This value is within the healthy range. It has increased from 16.36 (Mar 24) to 18.56, marking an increase of 2.20.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 91.95. It has increased from 82.67 (Mar 24) to 91.95, marking an increase of 9.28.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 91.95. It has increased from 82.67 (Mar 24) to 91.95, marking an increase of 9.28.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 211.56. It has increased from 194.61 (Mar 24) to 211.56, marking an increase of 16.95.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 25.40. This value is within the healthy range. It has increased from 22.18 (Mar 24) to 25.40, marking an increase of 3.22.
- For PBIT / Share (Rs.), as of Mar 25, the value is 16.85. This value is within the healthy range. It has increased from 15.24 (Mar 24) to 16.85, marking an increase of 1.61.
- For PBT / Share (Rs.), as of Mar 25, the value is 14.04. This value is within the healthy range. It has increased from 12.90 (Mar 24) to 14.04, marking an increase of 1.14.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 10.01. This value is within the healthy range. It has increased from 9.42 (Mar 24) to 10.01, marking an increase of 0.59.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 10.69. This value is within the healthy range. It has increased from 9.51 (Mar 24) to 10.69, marking an increase of 1.18.
- For PBDIT Margin (%), as of Mar 25, the value is 12.00. This value is within the healthy range. It has increased from 11.39 (Mar 24) to 12.00, marking an increase of 0.61.
- For PBIT Margin (%), as of Mar 25, the value is 7.96. This value is below the healthy minimum of 10. It has increased from 7.83 (Mar 24) to 7.96, marking an increase of 0.13.
- For PBT Margin (%), as of Mar 25, the value is 6.63. This value is below the healthy minimum of 10. There is no change compared to the previous period (Mar 24) which recorded 6.63.
- For Net Profit Margin (%), as of Mar 25, the value is 4.73. This value is below the healthy minimum of 5. It has decreased from 4.84 (Mar 24) to 4.73, marking a decrease of 0.11.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.05. This value is below the healthy minimum of 8. It has increased from 4.88 (Mar 24) to 5.05, marking an increase of 0.17.
- For Return on Networth / Equity (%), as of Mar 25, the value is 11.62. This value is below the healthy minimum of 15. It has increased from 11.49 (Mar 24) to 11.62, marking an increase of 0.13.
- For Return on Capital Employeed (%), as of Mar 25, the value is 13.79. This value is within the healthy range. It has decreased from 15.59 (Mar 24) to 13.79, marking a decrease of 1.80.
- For Return On Assets (%), as of Mar 25, the value is 5.23. This value is within the healthy range. It has decreased from 6.60 (Mar 24) to 5.23, marking a decrease of 1.37.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.19. This value is below the healthy minimum of 0.2. It has increased from 0.06 (Mar 24) to 0.19, marking an increase of 0.13.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.61. This value is within the healthy range. It has increased from 0.17 (Mar 24) to 0.61, marking an increase of 0.44.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.22. It has decreased from 1.40 (Mar 24) to 1.22, marking a decrease of 0.18.
- For Current Ratio (X), as of Mar 25, the value is 0.85. This value is below the healthy minimum of 1.5. It has decreased from 1.80 (Mar 24) to 0.85, marking a decrease of 0.95.
- For Quick Ratio (X), as of Mar 25, the value is 0.55. This value is below the healthy minimum of 1. It has decreased from 1.32 (Mar 24) to 0.55, marking a decrease of 0.77.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 9.13. This value exceeds the healthy maximum of 8. It has increased from 8.45 (Mar 24) to 9.13, marking an increase of 0.68.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 12.92. This value is below the healthy minimum of 20. It has decreased from 13.42 (Mar 24) to 12.92, marking a decrease of 0.50.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 7.17. This value is below the healthy minimum of 20. It has decreased from 7.76 (Mar 24) to 7.17, marking a decrease of 0.59.
- For Earning Retention Ratio (%), as of Mar 25, the value is 87.08. This value exceeds the healthy maximum of 70. It has increased from 86.58 (Mar 24) to 87.08, marking an increase of 0.50.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 92.83. This value exceeds the healthy maximum of 70. It has increased from 92.24 (Mar 24) to 92.83, marking an increase of 0.59.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 9.03. This value is within the healthy range. It has decreased from 9.48 (Mar 24) to 9.03, marking a decrease of 0.45.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 4.56. This value is within the healthy range. It has decreased from 5.03 (Mar 24) to 4.56, marking a decrease of 0.47.
- For Enterprise Value (Cr.), as of Mar 25, the value is 14,137.27. It has increased from 10,151.18 (Mar 24) to 14,137.27, marking an increase of 3,986.09.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.80. This value is within the healthy range. It has increased from 2.18 (Mar 24) to 2.80, marking an increase of 0.62.
- For EV / EBITDA (X), as of Mar 25, the value is 23.29. This value exceeds the healthy maximum of 15. It has increased from 19.15 (Mar 24) to 23.29, marking an increase of 4.14.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.55. This value is within the healthy range. It has increased from 2.15 (Mar 24) to 2.55, marking an increase of 0.40.
- For Retention Ratios (%), as of Mar 25, the value is 87.07. This value exceeds the healthy maximum of 70. It has increased from 86.57 (Mar 24) to 87.07, marking an increase of 0.50.
- For Price / BV (X), as of Mar 25, the value is 5.87. This value exceeds the healthy maximum of 3. It has increased from 5.06 (Mar 24) to 5.87, marking an increase of 0.81.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.55. This value is within the healthy range. It has increased from 2.15 (Mar 24) to 2.55, marking an increase of 0.40.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 24) to 0.01, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Minda Corporation Ltd:
- Net Profit Margin: 4.73%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 13.79% (Industry Average ROCE: 15.11%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 11.62% (Industry Average ROE: 122.81%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 4.56
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.55
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 54.2 (Industry average Stock P/E: 41.28)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.61
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 4.73%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Auto Ancl - Others | A-15, Ashok Vihar, Phase-I, Delhi Delhi 110052 | investor@mindacorporation.com http://www.sparkminda.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ashok Minda | Chairman & Group CEO |
| Mr. Aakash Minda | Executive Director |
| Mr. N K Modi | Executive Director |
| Mr. Laxman Ramnarayan | Independent Director |
| Ms. Pratima Ram | Independent Director |
| Mr. Ravi Sud | Independent Director |
| Mr. Gajanan V Gandhe | Independent Director |
FAQ
What is the intrinsic value of Minda Corporation Ltd?
Minda Corporation Ltd's intrinsic value (as of 19 November 2025) is 536.38 which is 11.34% lower the current market price of 605.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 14,465 Cr. market cap, FY2025-2026 high/low of 644/445, reserves of ₹2,392 Cr, and liabilities of 5,181 Cr.
What is the Market Cap of Minda Corporation Ltd?
The Market Cap of Minda Corporation Ltd is 14,465 Cr..
What is the current Stock Price of Minda Corporation Ltd as on 19 November 2025?
The current stock price of Minda Corporation Ltd as on 19 November 2025 is 605.
What is the High / Low of Minda Corporation Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Minda Corporation Ltd stocks is 644/445.
What is the Stock P/E of Minda Corporation Ltd?
The Stock P/E of Minda Corporation Ltd is 54.2.
What is the Book Value of Minda Corporation Ltd?
The Book Value of Minda Corporation Ltd is 102.
What is the Dividend Yield of Minda Corporation Ltd?
The Dividend Yield of Minda Corporation Ltd is 0.23 %.
What is the ROCE of Minda Corporation Ltd?
The ROCE of Minda Corporation Ltd is 12.7 %.
What is the ROE of Minda Corporation Ltd?
The ROE of Minda Corporation Ltd is 12.1 %.
What is the Face Value of Minda Corporation Ltd?
The Face Value of Minda Corporation Ltd is 2.00.