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Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹12,408 Cr
P/E Ratio
45.27
P/B Ratio
5.73
Industry P/E
31
Debt to Equity
0.18
ROE
12.64 %
ROCE
16.35 %
Div. Yield
0.27 %
Book Value
90.62
EPS
11.46
CFO
₹2,234.54 Cr
EBITDA
₹2,915.73 Cr
Net Profit
₹1,536.89 Cr
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
|---|---|---|---|---|---|---|---|
|
Minda
| 5.60 | -3.18 | -10.43 | 25.05 | 23.99 | 50.19 | 19.35 |
|
BSE Auto
| -2.76 | 2.53 | -1.46 | 0.62 | 25.96 | 32.10 | 10.54 |
|
BSE Mid Cap
| -6.04 | 4.19 | 0.41 | 7.39 | 20.84 | 30.15 | 15.18 |
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
|
|---|---|---|---|---|---|---|---|
|
Minda
| 27.06 | 88.83 | 21.32 | 85.89 | -9.39 | -32.20 | -30.21 |
|
BSE Mid Cap
| 25.84 | 45.53 | 1.38 | 39.18 | 19.87 | -3.05 | -13.31 |
|
BSE Auto
| 22.14 | 46.00 | 16.54 | 19.25 | 12.59 | -11.27 | -22.01 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
3Y Avg -- 5Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | P/E Ratio | ROE |
|---|---|---|---|---|
| 1,107.90 | 52,828.79 | 59.02 | 13.91 | |
| 470.35 | 29,158.57 | 49.78 | 15.18 | |
| 2,654.30 | 51,225.57 | 62.84 | 15.68 | |
| 897.45 | 51,129.29 | 52.94 | 18.22 |
Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. It offers mechatronic products, such as ignition switch cum... steering locks, smart key systems, mechatronics handles and immobiliser system, die casting components, starter motors, and alternators; information and connected systems, including wiring harness, connectors, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. The company also provides plastic and interior products comprising air vents, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products that comprise locks, lubricants, filters, clutch plates, bearings, wiper blades, brake shoes, and cables. In addition, it offers DC-DC convertor, battery charger, motor controller, intelligent transport system, telematics, connected clusters, MFECU, and vehicle control unit; and rod, micro pole, shark fin, and LF antennas. The company offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. 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 Minda Corporation Limited. Read more
Incorporated
1985
Chairman
Ashok Minda
Managing Director
--
Group
Ashok Minda
Headquarters
New Delhi, Delhi
Website
Our rating system has guided millions of investors in the past 20 years.
The total asset value of Minda Corporation Ltd stood at ₹ 3,682 Cr as on 31-Dec-24
The share price of Minda Corporation Ltd is ₹516.90 (NSE) and ₹517.05 (BSE) as of 24-Apr-2025 15:19 IST. Minda Corporation Ltd has given a return of 23.99% in the last 3 years.
Minda Corporation Ltd has a market capitalisation of ₹ 12,408 Cr as on 24-Apr-2025. As per Value Research classification, it is a Mid Cap company.
The P/B ratio of Minda Corporation Ltd is 5.73 times as on 24-Apr-2025, a 52% premium to its peers’ median range of 3.76 times.
The P/E ratio of Minda Corporation Ltd is 45.27 times as on 24-Apr-2025, a 46% premium to its peers’ median range of 31.00 times.
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Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. It offers mechatronic products, such as ignition switch cum steering locks, smart key systems, mechatronics handles and immobiliser system, die casting components, starter motors, and alternators; information and connected systems, including wiring harness, connectors, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. The company also provides plastic and interior products comprising air vents, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products that comprise locks, lubricants, filters, clutch plates, bearings, wiper blades, brake shoes, and cables. In addition, it offers DC-DC convertor, battery charger, motor controller, intelligent transport system, telematics, connected clusters, MFECU, and vehicle control unit; and rod, micro pole, shark fin, and LF antennas. The company offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. 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 Minda Corporation Limited.
The prominent promoters of Minda Corporation Ltd. are
| Name of promoters | Holding percentage |
|---|---|
|
ASHOK MINDA |
34.19%
|
|
MINDA CAPITAL PRIVATE LIMITED |
16.14%
|
|
SARIKA MINDA |
13.97%
|
The chairman of the company is Ashok Minda, and the managing director is .
There is no promoter pledging in Minda Corporation Ltd.
Some of the close peers are:
| Company | Market Cap(₹ Cr) |
|---|---|
|
51,091
|
|
|
50,162
|
|
|
48,280
|
|
|
28,083
|
| Minda Corporation Ltd. | Ratios |
|---|---|
|
Return on equity(%)
|
13.43
|
|
Operating margin(%)
|
7.46
|
|
Net Margin(%)
|
5.35
|
|
Dividend yield(%)
|
0.27
|
Yes, TTM profit after tax of Minda Corporation Ltd was ₹274 Cr.
₹-3.20
(
