Is Minda Corporation a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Minda Corporation Ltd is a good quality company .

Is Minda Corporation undervalued or overvalued?

The key valuation ratios of Minda Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Minda Corporation share price return in the past 10 years?

Data is not available for this company

Is Minda Corporation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Minda Corporation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Minda Corporation Ltd - Stock Valuation and Financial Performance

Name: Minda Corporation
Brand: Minda Corporation

BSE: 538962 | NSE: MINDACORP | Auto Ancillary | Small Cap

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Minda Corporation Share Price

₹508.45 -10.30 -1.99%
as on 20-Dec'24 16:59

10 Year X-Ray of Minda Corporation:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	15.7%	17.7%	14.1%	17.6%	17.2%	12.8%	10.2%	14.4%	17.6%	16.4%	-
Value Creation Index ⓘ	0.2	0.3	0.0	0.3	0.2	-0.1	-0.3	0.0	0.3	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,962	2,446	2,060	2,594	3,092	2,223	2,368	2,976	4,300	4,651	4,863
Sales YoY Gr.	-	24.7%	-15.8%	25.9%	19.2%	-28.1%	6.5%	25.7%	44.5%	8.2%	-
Adj EPS ⓘ	4.3	4.9	4.4	7	7	5.8	3.9	7.1	12	9.5	11
YoY Gr.	-	16%	-10.5%	57.5%	0.4%	-16.6%	-32.8%	80.4%	70%	-20.8%	-
BVPS (₹) ⓘ	21.6	26.3	29.9	35.5	52.6	42.9	47.9	55.5	66.4	82.8	87.9
Adj Net Profit ⓘ	89.2	103	91.9	145	158	132	93.6	169	287	228	262
Cash Flow from Ops. ⓘ	304	226	48.4	69.9	209	450	85.5	167	387	287	-
Debt/CF from Ops. ⓘ	1.7	2.4	11.4	10.4	3.3	1.2	5.7	2.4	1.4	1.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.1%	8.5%	25.2%	8.2%
Adj EPS ⓘ	9.4%	6.4%	34.4%	-20.8%
BVPSⓘ	16.1%	9.5%	20%	24.8%
Share Price	-	40.5%	45.9%	33%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	20.8	19.9	15.5	21.3	16.3	12.2	8.8	13.7	19.7	12.8	12.8
Op. Profit Mgn % ⓘ	9.5	9.6	9.3	10.7	9.6	11.2	9.3	10	10.9	11.1	11.2
Net Profit Mgn % ⓘ	4.3	4.3	4.5	5.6	5.1	6	3.8	5.4	6.9	4.9	5.4
Debt to Equity ⓘ	1.1	1	0.9	1	0.6	0.6	0.4	0.3	0.4	0.2	0
Working Cap Days ⓘ	127	117	143	135	138	185	159	136	113	119	74
Cash Conv. Cycle ⓘ	32	29	50	62	63	66	38	41	33	35	31

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.24%

Net Profit is growing at healthy rate in last 3 years 34.42%

Sales growth is good in last 4 quarters at 10.26%

Return on Equity has declined versus last 3 years average to 12.80%

Latest Financials - Minda Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	9.2	11
TTM Sales (₹ Cr.)	3,998	4,863
BVPS (₹.) ⓘ	76.6	87.9
Reserves (₹ Cr.) ⓘ	1,803	2,054
P/BV ⓘ	6.64	5.78
PE ⓘ	55.22	46.44

From the Market
52 Week Low / High (₹)	366.95 / 652.90
All Time Low / High (₹)	52.60 / 652.90
Market Cap (₹ Cr.)	12,156
Equity (₹ Cr.)	47.8
Face Value (₹)	2
Industry PE ⓘ	50.3

Management X-Ray of Minda Corporation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Minda Corporation

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Minda Corporation

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,962	2,446	2,060	2,594	3,092	2,223	2,368	2,976	4,300	4,651
Operating Expenses ⓘ	1,777	2,218	1,868	2,318	2,798	1,975	2,148	2,680	3,837	4,136
Manufacturing Costs	99	128	120	152	182	148	149	182	230	259
Material Costs	1,198	1,499	1,227	1,559	1,903	1,339	1,493	1,876	2,777	2,924
Employee Cost	337	416	371	441	509	357	383	474	626	729
Other Costs ⓘ	144	175	150	166	204	131	124	148	205	224
Operating Profit ⓘ	185	227	192	276	294	248	220	296	463	516
Operating Profit Margin (%)	9.4%	9.3%	9.3%	10.6%	9.5%	11.1%	9.3%	9.9%	10.8%	11.1%
Other Income ⓘ	23	17	41	16	36	43	33	24	16	16
Interest ⓘ	39	37	30	40	51	41	39	32	42	57
Depreciation ⓘ	60	74	58	74	88	87	94	112	138	166
Exceptional Items ⓘ	2	14	0	0	18	0	0	33	0	0
Profit Before Tax ⓘ	111	147	131	191	236	175	121	209	299	308
Tax ⓘ	27	37	29	49	67	39	31	24	4	83
Profit After Tax	84	110	102	143	169	136	90	185	294	225
PAT Margin (%)	4.3%	4.5%	5.0%	5.5%	5.5%	6.1%	3.8%	6.2%	6.8%	4.8%
Adjusted EPS (₹)	4.3	5.2	4.9	6.9	7.5	-8.8	2.2	8.0	11.9	9.5
Dividend Payout Ratio (%)	9%	10%	10%	9%	9%	-4%	29%	12%	10%	15%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	467	567	622	739	1,191	973	1,144	1,327	1,586	1,979
Share Capital ⓘ	61	61	42	42	45	45	48	48	48	48
Reserves ⓘ	406	507	580	697	1,146	928	1,096	1,280	1,538	1,931
Minority Interest	24	64	0	0	0	0	0	0	0	0
Debt	445	459	469	590	533	427	400	346	489	282
Long Term Debt	181	142	184	280	146	115	93	85	172	137
Short Term Debt	264	317	285	309	387	312	307	262	318	145
Trade Payables	308	426	264	441	410	509	507	568	726	714
Others Liabilities ⓘ	178	255	193	282	308	417	277	326	401	452
Total Liabilities ⓘ	1,422	1,771	1,548	2,051	2,442	2,327	2,328	2,567	3,202	3,427
Fixed Assets
Gross Block	1,032	1,352	591	844	952	815	940	1,386	1,651	1,948
Accumulated Depreciation	461	634	61	133	220	245	328	499	625	741
Net Fixed Assetsⓘ	571	719	530	711	732	570	613	887	1,026	1,207
CWIP ⓘ	15	13	74	16	21	28	18	33	85	63
Investmentsⓘ	29	5	126	139	165	176	181	64	451	348
Inventories	231	321	306	448	446	395	396	479	573	527
Trade Receivables	318	435	374	571	546	390	442	569	641	804
Cash Equivalents	44	88	33	26	353	472	499	333	162	192
Others Assetsⓘ	214	189	104	140	179	295	180	202	264	286
Total Assets ⓘ	1,422	1,771	1,548	2,051	2,442	2,327	2,328	2,567	3,202	3,427

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	304	226	48	70	209	450	86	167	387	287
PBT ⓘ	111	147	131	191	236	-154	84	183	289	310
Adjustment ⓘ	85	107	75	98	76	426	131	123	178	209
Changes in Working Capital ⓘ	132	13	-126	-175	-42	231	-108	-91	-44	-131
Tax Paid ⓘ	-24	-41	-31	-45	-61	-52	-21	-49	-35	-102
Cash Flow From Investing Activity ⓘ	-51	-160	-170	-200	-402	-137	-174	-7	-428	117
Capex	-81	-91	-138	-194	-118	-146	-131	-108	-249	-251
Net Investments	25	-6	0	-1	-292	-41	-68	79	-194	360
Others ⓘ	4	-62	-32	-5	8	50	25	21	15	8
Cash Flow From Financing Activityⓘ	-238	-29	67	122	203	-249	65	-161	74	-358
Net Proceeds from Shares ⓘ	0	0	0	0	306	0	82	0	0	0
Net Proceeds from Borrowing ⓘ	-102	-13	68	167	0	-81	10	-47	105	-32
Interest Paid ⓘ	-34	-33	-25	-36	-40	-40	-32	-25	-26	-44
Dividend Paid ⓘ	-10	-10	-12	-15	-18	-20	-7	-15	-26	-31
Others ⓘ	-93	28	37	6	-45	-107	12	-73	22	-253
Net Cash Flow ⓘ	15	37	-54	-8	11	64	-24	-1	34	45

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	20.49	22.12	17.46	20.98	17.53	12.53	8.46	14.93	20.21	12.63
ROCE (%)	15.68	17.67	14.13	17.55	17.18	12.79	10.18	14.35	17.64	16.35
Asset Turnover Ratio	1.53	1.67	1.33	1.46	1.38	0.93	1.03	1.24	1.53	1.43
PAT to CFO Conversion(x)	3.62	2.05	0.47	0.49	1.24	3.31	0.96	0.9	1.32	1.28
Working Capital Days
Receivable Days	53	52	67	65	66	77	63	61	50	56
Inventory Days	37	38	52	52	53	69	60	52	44	42
Payable Days	84	89	102	82	82	125	124	104	85	90

Minda Corporation Ltd Stock News

Minda Corporation Ltd FAQs

What is the share price of Minda Corporation?

Company share prices are keep on changing according to the market conditions. The closing price of Minda Corporation on 20-Dec-2024 16:59 is ₹508.4.

What is the market cap of Minda Corporation?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Minda Corporation stood at ₹12,156.