Minda Corporation Ltd Analyst Rating
based on 3 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 3 analysts offering long term price targets for Minda Corporation Ltd. An average target of ₹568
Source: S&P Global Market Intelligence
Minda Corporation Ltd Share analysis
Minda Corporation Ltd price forecast by 3 analysts
Upside of17.27%
High
₹580
Target
₹568.00
Low
₹554
Minda Corporation Ltd target price ₹568, a slight upside of 17.27% compared to current price of ₹479. According to 3 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Minda Corporation Ltd revenue growth forecast
Expected growth rate Q1, FY2026:26.94%
Forecast
Actual
Including amortisation and stock based compensations
Minda Corporation Ltd EPS growth forecast
EPS estimate Q1, FY2026:72.77%
Forecast
Actual
Source: S&P Global Market Intelligence
Minda Corporation Ltd Performance
Day's Low
Day's High
₹476.1₹491.652 Week's Low
52 Week's High
₹335₹652
| Returns % | |
| 1 Month Return | -7.28 % |
| 3 Month Return | -8.48 % |
| 1 Year Return | + 37.6 % |
| Market Stats | |
| Previous Close | ₹484.35 |
| Open | ₹491.60 |
| Volume | 1.94L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹11,579.81Cr |
Minda Corporation Ltd Key Statistics
| P/E Ratio | 43.52 |
| PEG Ratio | -62.17 |
| Market Cap | ₹11,579.81 Cr |
| P/B Ratio | 5.77 |
| EPS | 9.42 |
| Dividend Yield | 0.33 |
| Sector | Auto Ancillaries |
| ROE | 12.11 |
Minda Corporation Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹11,579.81 Cr | 83.83% | 0.62 | ₹225 Cr | ₹4,651 Cr | |
| BUY | ₹3,261.62 Cr | 34.06% | 0.73 | ₹674 Cr | ₹4,357 Cr | |
| BUY | ₹27,176.55 Cr | 7.78% | 0.58 | NA | NA | |
| NA | ₹389.82 Cr | 21.05% | 0.63 | NA | NA | |
| NA | ₹134.94 Cr | 54.42% | 0.71 | NA | NA |
About Minda Corporation Ltd
Share Price: ₹479.00 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹11,579.81Cr as of today
Revenue: ₹1,290.01Cr as on September 2024 (Q3 24)
Net Profit: ₹70.77Cr as on September 2024 (Q3 24)
Listing date: 19 Mar, 2012
Chairperson Name: Ashok Minda
| Organisation | Minda Corporation Ltd |
| Headquarters | Noida |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Minda Corporation Ltd
Minda Corporation Reports Strong Earnings and Upgraded Rating - 18 Nov, 2024
Minda Corporation's Q2FY25 results show net sales of Rs 1,057.60 crore, a 6.78% increase YoY, and a net profit rise of 31.19%. KRChoksey Research upgrades the stock to Buy with a target price of Rs 554, highlighting robust performance and growth in the EV sector.
Minda Corporation Upgraded to BUY with Target Price - 14 Nov, 2024
Minda Corporation reported strong Q2FY25 results, with revenue and PAT exceeding estimates. KR Choksey upgraded the stock rating to BUY, maintaining a target price of INR 554/share.
Minda Corporation Reports Record Q2 FY25 Results - 12 Nov, 2024
Minda Corporation achieved record quarterly revenue of ₹1,290 crore and a 25.42% increase in profit after tax to ₹74 crore in Q2 FY25. The company also signed a technology licensing agreement with SANCO (China) to enhance its EV product portfolio and expanded production capabilities at its facilities.
Insights on Minda Corporation Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 1.20K Cr → 1.30K Cr (in ₹), with an average increase of 7.8% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.86% to 7.09% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 6.06% to 7.60% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 64.2 Cr → 74.34 Cr (in ₹), with an average increase of 13.6% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Samvardhana Motherson International Ltd has given 86.9% return, outperforming this stock by 49.2%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 64.84% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 275.4% return, outperforming this stock by 66.0%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 16.82% to 15.32% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, MINDACORP stock has moved down by -2.0%
Minda Corporation Ltd Financials
Index Inclusions
Minda Corporation Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 64.84% | 0.00 | |
| Foreign Institutions | 7.6% | 25.50 | |
| Mutual Funds | 15.31% | ||
| Retail Investors | 7.09% | 3.23 | |
| Others | 5.15% |
Minda Corporation Ltd Key Indicators
Minda Corporation Ltd Valuation
Minda Corporation Ltd in the last 5 years
Lowest (-9.24x)
March 2, 2021
Today (43.52x)
November 19, 2024
Industry (50.62x)
November 19, 2024
Highest (60.39x)
August 26, 2024
Minda Corporation Ltd Earnings and Dividends
Minda Corporation Ltd Earnings Results
Minda Corporation Ltd’s net profit jumped 26.49% since last year same period to ₹74.34Cr in the Q2 2024-2025. On a quarterly growth basis, Minda Corporation Ltd has generated 15.79% jump in its net profits since last 3-months.
Read More about Earnings ResultsMinda Corporation Ltd Dividends May,2024
In the quarter ending March 2024, Minda Corporation Ltd has declared dividend of ₹0.90 - translating a dividend yield of 0.29%.
Read More about Dividends
Minda Corporation Ltd Technicals Summary
Bearish
Neutral
Bullish
Minda Corporation Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Minda Corporation Ltd (MINDACORP) share price today is ₹479
Minda Corporation Ltd is listed on NSE
Minda Corporation Ltd is listed on BSE
- Today’s highest price of Minda Corporation Ltd is ₹491.6.
- Today’s lowest price of Minda Corporation Ltd is ₹476.1.
PE Ratio of Minda Corporation Ltd is 43.52
PE ratio = Minda Corporation Ltd Market price per share / Minda Corporation Ltd Earnings per share
Today’s traded volume of Minda Corporation Ltd(MINDACORP) is 1.94L.
Today’s market capitalisation of Minda Corporation Ltd(MINDACORP) is ₹11579.81Cr.
| Minda Corporation Ltd(MINDACORP | Price |
|---|---|
52 Week High | ₹652 |
52 Week Low | ₹335 |
Minda Corporation Ltd(MINDACORP) share price is ₹479. It is down -26.53% from its 52 Week High price of ₹652
Minda Corporation Ltd(MINDACORP) share price is ₹479. It is up 42.99% from its 52 Week Low price of ₹335
| Minda Corporation Ltd(MINDACORP | Returns |
|---|---|
1 Day Returns | -5.35% |
1 Month Returns | -7.28% |
3 Month Returns | -8.48% |
1 Year Returns | 37.6% |