Minda Corporation Share PriceMinda Corporation

₹333.00
2.3 (0.7%)
As on 01 October, 2023 | 04:19 BSE: 538962 NSE: MINDACORPISIN: INE842C01021

Minda Corporation Performance

Day Range

  • Low 330.2
  • High 335.5
333.00

52 Week Range

  • Low 185
  • High 357
333.00
  • Open Price331.7
  • Previous Close330.7
  • Volume377811

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Minda Corporation Share Price

  • Over 1 Month 2.97%
  • Over 3 Month 18.93%
  • Over 6 Month 56.82%
  • Over 1 Year 62.12%

Minda Corporation Key Statistics

P/E Ratio 28.7
PEG Ratio 1.7
Market Cap Cr 7,961
Price to Book Ratio 5
EPS 11.1
Dividend 0.4
Relative Strength Index 52.42
Money Flow Index 32.63
MACD Signal 4.82
Average True Range 10.7

Minda Corporation Investment Rating

  • Master Rating:
  • Minda Corporation has an operating revenue of Rs. 4,364.41 Cr. on a trailing 12-month basis. An annual revenue growth of 44% is outstanding, Pre-tax margin of 7% is okay, ROE of 17% is exceptional. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 26% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 38 which is a POOR score indicating inconsistency in earnings, a RS Rating of 77 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 71 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Minda Corporation Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 880885869908830786
Operating Expenses Qtr Cr 789795779815746700
Operating Profit Qtr Cr 918990948486
Depreciation Qtr Cr 323127272526
Interest Qtr Cr 141210987
Tax Qtr Cr 12-60151614-7
Net Profit Qtr Cr 3511141484183
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,5342,781
Operating Expenses Annual Cr 3,1362,470
Operating Profit Annual in Cr 357265
Depreciation Cr 110103
Interest Annual Cr 3931
Tax Annual Cr -1618
Net Profit Annual Cr 241160
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 375140
Cash from Investing Activity Annual Cr -45227
Cash from Financing Annual Activity Cr 108-160
Net Cash Flow Annual Cr 317
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,3791,168
Fixed Assets Annual Cr 857665
Total Non Current Assets Annual Cr 1,6301,042
Total Current Assets Annual Cr 1,2141,197
Total Assets Annual Cr 2,8442,239
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5849
ROE Annual % 1714
ROCE Annual % 1715
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1111
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,0751,0751,0681,1471,010948
Operating Expenses Qtr Cr 9609589541,023904840
Operating Profit Qtr Cr 115117114124107108
Depreciation Qtr Cr 393934343233
Interest Qtr Cr 1412111087
Tax Qtr Cr 17-55192218-4
Net Profit Qtr Cr 4512252585276
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,3163,000
Operating Expenses Annual Cr 3,8392,681
Operating Profit Annual in Cr 462295
Depreciation Cr 138112
Interest Annual Cr 4131
Tax Annual Cr 424
Net Profit Annual Cr 285192
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 387167
Cash from Investing Activity Annual Cr -428-7
Cash from Financing Annual Activity Cr 74-161
Net Cash Flow Annual Cr 34-1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,5861,325
Fixed Assets Annual Cr 1,018827
Total Non Current Assets Annual Cr 1,6411,027
Total Current Assets Annual Cr 1,5831,545
Total Assets Annual Cr 3,2242,572
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 6655
ROE Annual % 1814
ROCE Annual % 1713
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1111

Minda Corporation Technicals

EMA & SMA

Current Price
₹333.00
2.3 (0.7%)
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹331.9
  • 50 Day
  • ₹321.08
  • 100 Day
  • ₹302.51
  • 200 Day
  • ₹275.28
  • 20 Day
  • ₹338.4
  • 50 Day
  • ₹319.61
  • 100 Day
  • ₹302.68
  • 200 Day
  • ₹262.43

Minda Corporation Resistance and Support

PIVOT
₹332.9
Resistance
First Resistance ₹335.6
Second Resistance ₹338.2
Third Resistance ₹340.9
RSI 52.42
MFI 32.64
MACD Single Line 4.82
MACD 2.57
Support
First Resistance ₹330.3
Second Resistance ₹327.61
Third Resistance ₹325

Minda Corporation Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 386,228 22,049,757 57.09
Week 492,086 28,432,752 57.78
1 Month 860,056 49,453,225 57.5
6 Month 1,395,603 74,888,057 53.66

Minda Corporation Result Highlights

Minda Corporation Synopsis

NSE-Auto/Truck-Original Eqp

Minda Corporation is involved in the business activities of Manufacture of padlocks, locks, keys, hinges and the like, hardware for buildings, furniture, vehicles etc.. Company’s Total Operating Revenue is Rs. 3492.40 Cr. and Equity Capital is Rs. 47.80 Cr. for the Year ended 31/03/2023. Minda Corporation Ltd. is a Public Limited Listed company incorporated on 11/03/1985 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1985PLC020401 and registration number is 020401.
Market Cap 7,961
Sales 3,543
Shares in Float 8.37
No of funds 84
Yield 0.36
Book Value 5.77
U/D Vol ratio 1.8
LTDebt / Equity 12
Alpha 0.16
Beta 1.34

Minda Corporation

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 64.73%64.73%64.73%64.73%
Mutual Funds 5.89%4.76%5.84%5.61%
Insurance Companies 1.02%1.28%1.66%2.01%
Foreign Portfolio Investors 0.06%5.06%3.61%4.39%
Financial Institutions/ Banks
Individual Investors 11.81%12.46%12.98%13.13%
Others 16.49%11.71%11.18%10.13%

Minda Corporation Management

Name Designation
Mr. Ashok Minda Chairman & Group CEO
Mr. N K Modi Executive Director
Mr. Aakash Minda Executive Director
Mr. Ravi Sud Nominee Director
Mr. Rakesh Chopra Independent Director
Mr. Ashok Kumar Jha Independent Director
Mrs. Pratima Ram Independent Director
Mr. Avinash Parkash Gandhi Independent Director

Minda Corporation Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Minda Corporation Corporate Action

Date Purpose Remarks
2023-08-03 Quarterly Results
2023-06-02 Rights issue & Preferential issue Inter alia, to consider and approve Raising of funds through issue of equity shares or any other equity-based instruments / securities by way of preferential issue or rights issue. per share(12.5%)Interim Dividend
2023-05-19 Audited Results & Final Dividend
2023-02-08 Quarterly Results & Interim Dividend
2022-11-04 Quarterly Results
Date Purpose Remarks
2023-02-18 INTERIM Rs.0.40 per share(20%)Interim Dividend
2022-02-16 INTERIM Rs.0.30 per share(15%)Interim Dividend
2021-02-16 INTERIM Rs.0.30 per share(15%)Interim Dividend

Minda Corporation MF Shareholding

Name Amount(cr)
Axis Small Cap Fund Regular Growth 15847
Quant Small Cap Fund Growth 8075
ICICI Prudential Smallcap Fund Growth 6989
Aditya Birla Sun Life Pure Value Fund Growth 4697
Aditya Birla Sun Life Small Cap Fund Growth 4510
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  • Company Name
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Minda Corporation FAQs

What is Share Price of Minda Corporation ?

Minda Corporation share price is ₹333 As on 01 October, 2023 | 04:05

What is the Market Cap of Minda Corporation ?

The Market Cap of Minda Corporation is ₹7961.3 Cr As on 01 October, 2023 | 04:05

What is the P/E ratio of Minda Corporation ?

The P/E ratio of Minda Corporation is 28.7 As on 01 October, 2023 | 04:05

What is the PB ratio of Minda Corporation ?

The PB ratio of Minda Corporation is 5 As on 01 October, 2023 | 04:05

Q2FY23