MINDACORP

Minda Corporation

₹484.6
+ 7.15 (1.5%)
  • Advice
  • Hold
27 July, 2024 06:51 BSE: 538962 NSE: MINDACORP ISIN: INE842C01021

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Minda Corporation Performance

Day Range

  • Low 478
  • High 494
₹ 484

52 Week Range

  • Low 280
  • High 512
₹ 484
  • Open Price480
  • Previous Close477
  • Volume246063

Minda Corporation Share Price

  • Over 1 Month + 0.7%
  • Over 3 Month + 18.2%
  • Over 6 Month + 18.72%
  • Over 1 Year + 55.12%

Minda Corporation Key Statistics

P/E Ratio 51
PEG Ratio -2.5
Market Cap Cr
Price to Book Ratio 5.9
EPS 7.9
Dividend 0.1
Relative Strength Index 54.46
Money Flow Index 31.31
MACD Signal 6.39
Average True Range 14
Minda Corporation Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,005969990880885
Operating Expenses Qtr Cr 883856879789795
Operating Profit Qtr Cr 1221131119189
Depreciation Qtr Cr 3634343231
Interest Qtr Cr 1214151412
Tax Qtr Cr 21221612-60
Net Profit Qtr Cr 62444835111
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,8593,534
Operating Expenses Annual Cr 3,4073,136
Operating Profit Annual in Cr 437357
Depreciation Cr 136110
Interest Annual Cr 5539
Tax Annual Cr 72-16
Net Profit Annual Cr 189241
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 242375
Cash from Investing Activity Annual Cr 144-452
Cash from Financing Annual Activity Cr -355108
Net Cash Flow Annual Cr 3131
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,7341,379
Fixed Assets Annual Cr 980857
Total Non Current Assets Annual Cr 1,3991,630
Total Current Assets Annual Cr 1,6071,214
Total Assets Annual Cr 3,0062,844
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 7358
ROE Annual % 1117
ROCE Annual % 1517
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1211
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,2151,1661,1961,0751,075
Operating Expenses Qtr Cr 1,0761,0361,065960958
Operating Profit Qtr Cr 139130131115117
Depreciation Qtr Cr 4442413939
Interest Qtr Cr 1214151412
Tax Qtr Cr 23251917-55
Net Profit Qtr Cr 71525945122
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 4,6674,316
Operating Expenses Annual Cr 4,1373,839
Operating Profit Annual in Cr 514462
Depreciation Cr 166138
Interest Annual Cr 5641
Tax Annual Cr 834
Net Profit Annual Cr 227285
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 287387
Cash from Investing Activity Annual Cr 117-428
Cash from Financing Annual Activity Cr -35874
Net Cash Flow Annual Cr 4534
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,9761,586
Fixed Assets Annual Cr 1,1771,018
Total Non Current Assets Annual Cr 1,4601,641
Total Current Assets Annual Cr 1,9801,583
Total Assets Annual Cr 3,4393,224
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 8366
ROE Annual % 1118
ROCE Annual % 1617
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1111

Minda Corporation Technicals

EMA & SMA

Current Price
₹484.6
+ 7.15 (1.5%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹479.69
  • 50 Day
  • ₹464.38
  • 100 Day
  • ₹442.53
  • 200 Day
  • ₹407.54
  • 20 Day
  • ₹486.18
  • 50 Day
  • ₹461.26
  • 100 Day
  • ₹435.69
  • 200 Day
  • ₹405.83

Minda Corporation Resistance and Support

PIVOT
₹485.49
Resistance
First Resistance 493.37
Second Resistance 502.13
Third Resistance 510.02
RSI 54.46
MFI 31.31
MACD Single Line 6.39
MACD 3.51
Support
First Support 476.72
Second Support 468.83
Third Supoort 460.07

Minda Corporation Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 261,655 16,209,527 61.95
Week 254,172 16,882,091 66.42
1 Month 355,377 20,942,364 58.93
6 Month 656,994 39,636,445 60.33

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. 3844.50 Cr. and Equity Capital is Rs. 47.80 Cr. for the Year ended 31/03/2024. 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 11,586
Sales 3,844
Shares in Float 8.37
No of funds 117
Yield 0.29
Book Value 6.68
U/D Vol ratio 1.5
LTDebt / Equity 8
Alpha 0.08
Beta 1.01

Minda Corporation Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 64.84%64.84%64.84%64.84%
Mutual Funds 16.82%16.88%13.39%11.51%
Insurance Companies 3.7%3.6%3.27%1.54%
Foreign Portfolio Investors 6.07%5.07%3.73%5.53%
Financial Institutions/ Banks
Individual Investors 4.69%5.54%10.3%11.41%
Others 3.88%4.07%4.47%5.17%

Minda Corporation Management

Name Designation
Mr. Ashok Minda Chairman & Group CEO
Mr. Aakash Minda Executive Director
Mr. N K Modi Executive Director
Mr. Ashok Kumar Jha Independent Director
Ms. Pratima Ram Independent Director
Mr. Ravi Sud Independent Director
Mr. Gajanan V Gandhe 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
2024-05-22 Audited Results & Final Dividend
2024-02-01 Quarterly Results & Interim Dividend
2023-11-02 Quarterly Results
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(22.5%)Final Dividend
Date Purpose Remarks
2024-02-14 INTERIM Rs.0.50 per share(25%)Interim Dividend
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 FAQs

What is Share Price of Minda Corporation ?

Minda Corporation share price is ₹484 As on 27 July, 2024 | 06:37

What is the Market Cap of Minda Corporation ?

The Market Cap of Minda Corporation is ₹11585.8 Cr As on 27 July, 2024 | 06:37

What is the P/E ratio of Minda Corporation ?

The P/E ratio of Minda Corporation is 51 As on 27 July, 2024 | 06:37

What is the PB ratio of Minda Corporation ?

The PB ratio of Minda Corporation is 5.9 As on 27 July, 2024 | 06:37

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