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Minda Corporation Limited

MINDACORP | NSE

502.50

INR

1.90

0.38%

MINDACORP | NSE
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About Minda Corporation Limited

Sector

Consumer Cyclical

Industry

Auto Parts

Earnings date

31/03/2024

As of date

20/03/2026

Close

502.50

Open

502.95

High

508.00

Low

496.35

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.

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MINDACORP | NSE

Risk
31.0
Sharpe
-0.23
Luna's Score
51/100
Recommendation
Hold

Luna says (MINDACORP | NSE)

What's Working

Low Debt to Asset (< 0.2)

Strong Revenue Growth (> 10%)

What's not Working

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

36.1%

1 month

31.0%

3 months

32.5%

6 months

31.7%

Returns

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Fundamental Ratios

PE

52.09

Fwd. PE

-

Price to book

6.31

Debt to equity

0.27

Debt to assets

0.16

Ent. to EBITDA

22.79

Ent. to rev.

2.68

PEG

-

Other Fundamentals

EBITDA

4.95B

MarketCap

118.23B

MarketCap(USD)

1.26B

Div. yield

0.26

Op. margin

7.20

Erngs. growth

42.30

Rev. growth

11.00

Ret. on equity

12.72

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

61.50

Range1M

126.40

Range3M

146.20

Volumes: Market Activity

Volume Averages

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Rel. volume

0.99

Price X volume

100.20M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
DOMS INDUSTRIES LIMITEDDOMSIN2278.8124.85B4.77%94.3621.11%
Trident LimitedTRIDENTTextile Manufacturing24.25123.73B2.41%54.0549.26%
TBO Tek LtdTBOTEKIN1068.1119.35B-3.83%104.19
Allied Blenders & Distillers LtdABDLIN408.45119.01B-1.08%3.45K
Concord Biotech LimitedCONCORDBIOBiotechnology1092.3115.34B-0.79%67.340.64%
Welspun Living LimitedWELSPUNLIVTextile Manufacturing114.57107.48B1.23%22.6058.29%
SANOFI CONS HEALTHC IND LSANOFICONRIN4252104.72B0.81%n/a
Honasa Consumer LimitedHONASAIN289.297.17B4.42%108.4411.96%
Arvind LimitedARVINDTextile Manufacturing359.2594.16B0.67%30.4040.87%
Cello World LimitedCELLOIN423.4593.53B4.94%54.8032.26%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
DOMS INDUSTRIES LIMITEDDOMSIN2278.8124.85B4.77%94.3621.11%
TBO Tek LtdTBOTEKIN1068.1119.35B-3.83%104.19
Allied Blenders & Distillers LtdABDLIN408.45119.01B-1.08%3.45K
SANOFI CONS HEALTHC IND LSANOFICONRIN4252104.72B0.81%n/a
Honasa Consumer LimitedHONASAIN289.297.17B4.42%108.4411.96%
Cello World LimitedCELLOIN423.4593.53B4.94%54.8032.26%
Vedant Fashions LimitedMANYAVARApparel Retail355.1586.87B-1.11%84.2627.74%
Azad Engineering LimitedAZADIN1469.482.36B0.61%130.376.11%
INDIA SHELTER FINANCE CORPORATION LIMITEDINDIASHLTRIN686.1576.41B-4.69%27.80148.57%
Akums Drugs and PharmaceuticalAKUMSIN483.469.54B3.25%10.40K
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA22.7918.62Expensive
Ent. to Revenue2.682.80Par
PE Ratio52.0940.78Expensive
Price to Book6.315.81Par
Dividend Yield0.260.80Poor
Std. Deviation (3M)32.4940.15Par
Debt to Equity0.270.30Par
Debt to Assets0.160.22Cheaper
Market Cap118.23B155.75BEmerging
  • 1

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