Share Price and Basic Stock Data
Last Updated: December 9, 2025, 9:10 pm
| PEG Ratio | 8.75 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Minda Corporation Ltd operates in the automotive ancillary sector, primarily focusing on manufacturing components for vehicles. As of the latest reporting, the company recorded a revenue of ₹4,300 Cr for FY 2023, which marked a significant recovery from the pandemic lows, reflecting a robust growth trajectory. The revenue appears poised for continued growth, with sales reported at ₹5,056 Cr for FY 2025, indicating a healthy upward trend. Over recent quarters, Minda’s sales have shown resilience, with figures consistently above ₹1,000 Cr, peaking at ₹1,321 Cr in March 2025. This growth trajectory is supported by increasing demand in the automotive sector, driven by a resurgence in personal vehicle sales and a shift towards electric mobility. However, the company must navigate challenges such as fluctuating raw material costs and evolving consumer preferences that could impact future revenues.
Profitability and Efficiency Metrics
The profitability of Minda Corporation presents a mixed picture. The operating profit margin (OPM) has remained stable at around 11% for the past few reporting periods, suggesting that the company has managed its operating expenses effectively despite rising costs. However, the net profit for FY 2023 stood at ₹284 Cr, which declined to ₹255 Cr in FY 2025, indicating potential pressure on profitability amidst increasing competition and cost inflation. The interest coverage ratio is a noteworthy strength, reported at 9.03x, which suggests that Minda is comfortably managing its debt obligations. Additionally, the return on equity (ROE) at 12.1% reflects decent returns for shareholders, although it may seem stretched compared to industry peers. Investors might appreciate the consistent cash earnings, which stood at ₹18.56 per share for FY 2025, showcasing the company’s ability to generate cash flow even in a challenging environment.
Balance Sheet Strength and Financial Ratios
Minda Corporation’s balance sheet exhibits a solid foundation with total assets reported at ₹4,874 Cr and reserves increasing to ₹2,150 Cr in FY 2025. However, the company has also seen its borrowings escalate to ₹1,614 Cr, which raises questions about leverage and financial flexibility. The debt-to-equity ratio at 0.61x indicates moderate leverage, which, while manageable, poses risks if interest rates rise or if the company faces operational challenges. The current ratio of 0.85 suggests a tight liquidity position, which may be a concern for short-term obligations. Furthermore, the inventory turnover ratio of 9.13x indicates efficient management of stock, essential for maintaining operational efficiency in the competitive automotive sector. Overall, while the balance sheet is strong, Minda must focus on optimizing its debt levels to enhance financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Minda Corporation reflects a stable structure, with promoters holding 64.84% of the equity, instilling a sense of confidence among investors regarding long-term strategic direction. Institutional participation is notable, with foreign institutional investors (FIIs) owning 8.72% and domestic institutional investors (DIIs) holding 18.52%. This institutional backing is crucial as it often indicates confidence in the company’s growth prospects. However, the public shareholding has declined to 6.35%, which could raise concerns about liquidity and market participation. The total number of shareholders stood at 96,349, suggesting a diverse investor base. This stability in the ownership structure may provide a cushion against market volatility, but the company must work on increasing public engagement to enhance liquidity.
Outlook, Risks, and Final Insight
Looking ahead, Minda Corporation appears well-positioned to capitalize on the growing automotive market, particularly with the shift towards electric vehicles and advanced automotive technologies. However, the company faces several risks. The increasing cost of raw materials and potential supply chain disruptions could strain margins. Additionally, the competitive landscape is intensifying, with both domestic and international players vying for market share, which could pressure pricing strategies. Investors should remain vigilant about these risks while also recognizing the company’s strengths, such as its strong brand presence and established customer relationships. For retail investors, the key will be to weigh Minda’s growth potential against these risks, ensuring a balanced perspective on its long-term value proposition in a rapidly evolving sector.
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 | 50.5 Cr. | 34.8 | 52.6/30.0 | 27.4 | 16.8 | 0.00 % | 12.2 % | 6.32 % | 5.00 |
| Duncan Engineering Ltd | 168 Cr. | 454 | 663/277 | 36.5 | 158 | 0.66 % | 13.2 % | 9.53 % | 10.0 |
| Divgi Torqtransfer Systems Ltd | 1,826 Cr. | 607 | 710/410 | 60.3 | 199 | 0.43 % | 5.69 % | 4.14 % | 5.00 |
| Bharat Seats Ltd | 1,048 Cr. | 169 | 240/61.1 | 27.5 | 32.9 | 0.65 % | 15.6 % | 18.0 % | 2.00 |
| Automobile Corporation of Goa Ltd | 1,037 Cr. | 1,703 | 2,470/936 | 17.6 | 458 | 1.47 % | 20.2 % | 19.7 % | 10.0 |
| Industry Average | 5,497.52 Cr | 639.48 | 41.15 | 154.70 | 0.71% | 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: October 15, 2025, 4:50 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 | 5,250 |
| 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 | 4,650 |
| Operating Profit | 127 | 188 | 229 | 192 | 278 | 295 | 256 | 220 | 296 | 463 | 517 | 576 | 599 |
| 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 | 27 |
| Interest | 28 | 39 | 37 | 30 | 40 | 51 | 54 | 39 | 32 | 42 | 57 | 69 | 90 |
| Depreciation | 48 | 60 | 74 | 58 | 74 | 88 | 118 | 94 | 112 | 138 | 166 | 204 | 214 |
| Profit before tax | 96 | 111 | 147 | 131 | 191 | 236 | -154 | 80 | 208 | 298 | 308 | 336 | 322 |
| 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 | 256 |
| 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 | 10.73 |
| 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: December 10, 2025, 3:05 am
| 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 |
|---|---|---|---|---|---|---|
| Quant Small Cap Fund | 7,303,592 | 1.35 | 411.7 | 5,656,718 | 2025-12-08 00:50:32 | 29.11% |
| Axis Small Cap Fund | 5,769,277 | 1.2 | 325.21 | 5,769,277 | 2025-04-22 17:25:26 | 0% |
| Kotak Small Cap Fund | 5,227,469 | 1.63 | 294.67 | N/A | N/A | N/A |
| Aditya Birla Sun Life Value Fund | 3,165,665 | 2.83 | 178.45 | N/A | N/A | N/A |
| Axis Multicap Fund | 2,947,323 | 1.83 | 166.14 | 2,830,251 | 2025-12-08 00:50:32 | 4.14% |
| Edelweiss Balanced Advantage Fund | 1,639,058 | 0.7 | 92.39 | N/A | N/A | N/A |
| Axis Large & Mid Cap Fund | 1,618,518 | 0.59 | 91.24 | N/A | N/A | N/A |
| Aditya Birla Sun Life Small Cap Fund | 1,392,774 | 1.53 | 78.51 | 983,861 | 2025-12-08 00:50:32 | 41.56% |
| Mahindra Manulife Mid Cap Fund | 800,000 | 1.08 | 45.1 | 735,278 | 2025-12-08 00:50:32 | 8.8% |
| Kotak Pioneer Fund | 600,000 | 1.03 | 33.82 | N/A | N/A | N/A |
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: 52.2 (Industry average Stock P/E: 39.28)
- 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 10 December 2025) is 516.64 which is 11.08% lower the current market price of 581.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 13,919 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 13,919 Cr..
What is the current Stock Price of Minda Corporation Ltd as on 10 December 2025?
The current stock price of Minda Corporation Ltd as on 10 December 2025 is 581.
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 52.2.
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 0.24 %.
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.
