Minda Corp. Ltd. (MINDACORP) AI Stock Analysis

• Market Cap: ₹112.70B
• Dividend Yield: 0.29%
• Average Volume (3M): 11.61K
• Price to Earnings (P/E): 43.6
• Beta (1Y): 1.07
• Revenue Growth: 10.08%
• EPS Growth: 4.16%
• Country: IN
• Employees: 3,344
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Auto - Parts
• EPS (TTM): 2.70
• Shares Outstanding: 239,079,420
• 10 Day Avg. Volume: 13,095
• 30 Day Avg. Volume: 11,610
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹561.00
• Price Target Upside: 19.01% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ₹561.00 ▲(19.01% Upside)

Minda Corp. Ltd. exhibits strong financial performance, which is the most significant factor contributing to the stock score. However, the high valuation and neutral technical indicators suggest caution. The absence of earnings call insights and notable corporate events means these factors did not impact the score.

Minda Corp. Ltd. Business Overview & Revenue Model

Company Description

Minda Corporation Limited (MINDACORP) is a leading automotive component manufacturer headquartered in India. The company operates in the automotive industry, providing a wide range of products such as lockset systems, die casting parts, electronic and mechanical security systems, and driver information and telematics systems. Minda Corp. Ltd. serves a diverse clientele, including some of the largest automotive manufacturers in India and across the globe.

How the Company Makes Money

Minda Corp. Ltd. generates revenue primarily through the manufacturing and sale of automotive components. Its key revenue streams include the production and distribution of lockset systems, die casting components, and electronic control units, which are supplied to original equipment manufacturers (OEMs) in the automotive sector. The company also benefits from strategic partnerships and collaborations with leading global technology and automotive firms, which enhance its product offerings and market reach. Additionally, Minda Corp. Ltd.'s emphasis on innovation and quality control enables it to maintain competitive pricing and customer loyalty, further contributing to its financial performance.

Minda Corp. Ltd. Financial Statement Overview

Summary

Minda Corp. Ltd. shows a strong financial performance with robust revenue growth and healthy profit margins. The balance sheet reflects a stable financial position with moderate leverage, and cash flow generation is strong, indicating operational flexibility and liquidity.

Income Statement

Minda Corp. Ltd. has demonstrated strong revenue growth and profitability. The Gross Profit Margin has consistently improved, reaching 37.8% in the latest year. The Net Profit Margin is solid at 5.0%, showing efficient cost management. Revenue Growth has been robust, with a 9.1% increase from the previous year, indicating positive market reception and demand for its products. The EBIT and EBITDA margins are healthy at 7.3% and 12.0%, respectively, reflecting strong operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with an improving equity base. Debt-to-Equity Ratio stands at 0.73, representing a moderate leverage level that provides room for financial maneuverability. Return on Equity is at 11.6%, indicating efficient utilization of equity to generate profits. The Equity Ratio of 45.1% suggests a balanced capital structure with significant equity investment, ensuring financial stability.

Cash Flow

Cash flow generation has been strong, with Free Cash Flow growing significantly at 458.0% from the previous year. The Operating Cash Flow to Net Income Ratio is 2.13, indicating robust cash generation relative to net income, ensuring liquidity and operational flexibility. The Free Cash Flow to Net Income Ratio of 0.76 further supports the strength in cash flow management.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	50.56B	46.35B	42.28B	29.27B	23.39B
Gross Profit	19.10B	16.62B	13.49B	9.65B	7.74B
EBITDA	6.07B	5.31B	4.79B	3.52B	2.53B
Net Income	2.55B	2.27B	2.85B	1.92B	528.00M
Balance Sheet
Total Assets	48.83B	34.39B	32.24B	25.72B	23.30B
Cash, Cash Equivalents and Short-Term Investments	1.97B	4.58B	1.37B	3.03B	4.85B
Total Debt	16.09B	5.35B	7.13B	5.06B	5.28B
Total Liabilities	26.81B	14.58B	16.34B	12.42B	11.83B
Stockholders Equity	22.02B	19.81B	15.91B	13.30B	11.47B
Cash Flow
Free Cash Flow	1.94B	348.00M	1.37B	583.00M	-495.00M
Operating Cash Flow	5.44B	2.87B	3.87B	1.67B	855.00M
Investing Cash Flow	-14.09B	1.17B	-4.28B	-73.00M	-1.75B
Financing Cash Flow	7.89B	-3.58B	743.00M	-1.61B	652.00M

Minda Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 471.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MINDACORP, the sentiment is Negative. The current price of 471.4 is below the 20-day moving average (MA) of 504.62, below the 50-day MA of 518.14, and below the 200-day MA of 518.19, indicating a bearish trend. The MACD of -13.45 indicates Positive momentum. The RSI at 23.83 is Positive, neither overbought nor oversold. The STOCH value of 8.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MINDACORP.

Minda Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHRIPISTON	77 Outperform	₹107.12B	20.41		0.41%	14.52%	15.10%
LGBBROSLTD	71 Outperform	₹40.16B	13.16		1.43%	11.99%	6.85%
MINDACORP	66 Neutral	₹112.70B	43.59		0.29%	10.08%	4.16%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%
CEATLTD	60 Neutral	₹125.90B	29.22		0.95%	11.09%	-33.93%
SUPRAJIT	58 Neutral	₹60.50B	55.43		0.60%	15.38%	-36.05%
VARROC	57 Neutral	₹79.35B	59.27		0.20%	8.55%	-74.55%

Minda Corp. Ltd. Corporate Events

Minda Corporation Schedules Q1FY26 Earnings Call

Minda Corporation Limited has announced a conference call scheduled for August 12, 2025, to discuss its financial results for the quarter ending June 30, 2025. This call will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and offering stakeholders a deeper understanding of its operational progress.

Minda Corp. Prepares for Virtual AGM with Notice Dispatch

Minda Corporation Limited has announced the submission of newspaper clippings following the dispatch of its Annual General Meeting (AGM) notice. The AGM is scheduled to be held on August 22, 2025, through video conferencing, marking a significant step in maintaining shareholder engagement and transparency.