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Minda Corporation Ltd P/E Ratio

Minda Corporation Ltd P/E Ratio

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Last Updated time: 14 Jul 15:30 PM

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Minda Corporation Ltd

NSE: MINDACORP

PE

50.9

Last updated : 14 Jul 15:30 PM

Key Highlights

    The P/E Ratio of Minda Corporation Ltd is 50.9 as of 14 Jul 15:30 PM .a1#The P/E Ratio of Minda Corporation Ltd changed from 18.2 on March 2019 to 18.1 on March 2023 . This represents a CAGR of -0.11% over 5 years. a1#The Latest Trading Price of Minda Corporation Ltd is ₹ 483.45 as of 12 Jul 15:30 .a1#The PE Ratio of Auto Ancillaries Industry has changed from 24.5 to 58.3 in 5 years. This represents a CAGR of 18.93%a1# The PE Ratio of Auto Ancillaries industry is 41.0. The PE Ratio of Automobile industry is 17.2. The PE Ratio of Finance industry is 24.7. The PE Ratio of IT - Software industry is 29.2. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 12.1. In 2024a1#The Market Cap of Minda Corporation Ltd changed from ₹ 3095 crore on March 2019 to ₹ 5141 crore on March 2023 . This represents a CAGR of 10.68% over 5 years. a1#The Revenue of Minda Corporation Ltd changed from ₹ 1014 crore to ₹ 1224 crore over 8 quarters. This represents a CAGR of 9.88% a1#The EBITDA of Minda Corporation Ltd changed from ₹ 110.84 crore to ₹ 148.36 crore over 8 quarters. This represents a CAGR of 15.69% a1#The Net Pr of Minda Corporation Ltd changed from ₹ 52.88 crore to ₹ 69.6 crore over 8 quarters. This represents a CAGR of 14.73% a1#The Dividend Payout of Minda Corporation Ltd changed from 9.89 % on March 2019 to 11.92 % on March 2023 . This represents a CAGR of 3.80% over 5 years. a1#

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Historical P/E Ratio of Minda Corporation Ltd

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Historical P/E Ratio of Minda Corporation Ltd

Period
Mar '1918.2
Mar '200
Mar '2145.6
Mar '2225.8
Mar '2318.1

Company Fundamentals for Minda Corporation Ltd

Market Cap

11,558 Cr

EPS

9.5

P/E Ratio (TTM) *

50.9

P/B Ratio (TTM) *

5.8

Day’s High

494.05

Day’s Low

480.55

DTE *

0.3

ROE *

11.5

52 Week High

511.95

52 Week Low

280.0

ROCE *

14.4

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

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Minda Corporation Ltd

NSE: MINDACORP

PRICE

483.45

-6.60 (-1.35%)

stock direction

Last updated : 12 Jul 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Minda Corporation Ltd

Strength

6

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Minda Corporation Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Minda Corporation Ltd

Market Value

11,558

Asset Value

1,606

6.2 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Minda Corporation Ltd5011,558
Samvardhana Motherson International Ltd46133,326
Bosch Ltd56103,626
Uno Minda Ltd6858,573
Exide Industries Ltd5647,502
Sona BLW Precision Forgings Ltd8242,539

Key Valuation Metric of Minda Corporation Ltd

Earnings

227 Cr

50.9 X

PE Ratio

Market Cap

₹11558Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Earnings

227 Cr

50.9 X

PE Ratio

Market Cap

₹11558Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Auto Ancillaries Industry over time

PE Ratio of Top Sectors

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Historical Market Cap of Minda Corporation Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Minda Corporation Ltd

Period
Mar '193096
Mar '201308
Mar '212408
Mar '224947
Mar '235141

* All values are a in crore

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Historical Revenue of Minda Corporation Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Minda Corporation Ltd

Period
Jun '221014
Sep '221152
Dec '221073
Mar '231077
Jun '231076
Sep '231198
Dec '231168
Mar '241225

* All values are a in crore

×

Historical EBITDA of Minda Corporation Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Minda Corporation Ltd

Period
Jun '22111
Sep '22128
Dec '22119
Mar '23119
Jun '23117
Sep '23133
Dec '23132
Mar '24148

* All values are a in crore

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Historical Net Profit of Minda Corporation Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Minda Corporation Ltd

Period
Jun '2253
Sep '2263
Dec '2254
Mar '23124
Jun '2347
Sep '2358
Dec '2351
Mar '2470

* All values are a in crore

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Historical Dividend Payout of Minda Corporation Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Minda Corporation Ltd

Period
Mar '1910
Mar '20-3
Mar '2119
Mar '2215
Mar '2312

* All values are a in %

About Minda Corporation Ltd

About Minda Corporation Ltd

    Minda Corporation Ltd was incorporated in the year March 11th, 1985 with the name Minda Switch Auto Private Limited for manufacture of Ignition Switches for Indian Automotive Industry and is the flagship company of Spark Minda, Ashok Minda Group, which was part of erstwhile Minda Group. The Company has 34 plants and offices in India and overseas. In addition, it has a design office located in Japan. Minda Corporation Ltd is one of the largest suppliers of 2 wheeler, 3 wheeler and Off Road vehicles Electronic & Mechanical Security System. The Company offers a diverse range of products including Mechatronics, Information and Connected Systems, Plastics and Interiors, Aftermarket, Electronics Manufacturing Excellence and Spark Minda Green Mobility. The company manufactures Die Casting Parts and high-class Surface Finishing parts for auto and consumer durable industry. They supply their products to Indian OEM's and export about 20% of their products to USA, UK, Europe & South East Asia and ASEAN countries. The company is headquartered at Noida. The company is the only in India to have their own- patented Magnetic Shutter for 2- wheeler application. They design & manufacture immobilizers for 2 wheel vehicle applications and also has patent for Immobilizer application for vehicles operating with drained or no battery condition. They are also the first company in India to develop a controller for e- bikes. The company has a state of the art Surface Finishing Division which is capable of plating Nickel, Chrome, Copper, Brass, Electrophoretic Lacquering, Powder & Wet painting facility to give any type of finish to their products. They have their Die Casting Division, which develops Aluminium & Zinc Die Cast parts not only for Captive consumption but also for other Tier 1 & OEM customers in India and abroad. In the year 1996, the company joined hands with Huf Hulsbeck Furst GmbH & Co. KG, Germany and became a Joint Venture Company known as Minda Huf Ltd. Initially; they started making Ignition Switches for the service market. During the year 2003-04, the company introduced Electronic Security System to various OEM's and launched their products for Tata Motors, Mahindra & Mahindra, Hyundai and Hero Honda. They also launched their products in the replacement market. During the year 2006-07, the company terminated the joint venture agreement with Huf Hulsbeck & Furst GmbH & Co. KG, Germany with effect from October 28, 2006. Accordingly, the name of the company was changed from Minda Huf Ltd to Minda Corporation Ltd with effect from March 28, 2007. In the year 2007, the company diversified into manufacturing of Door System in order to cater to the Indian OEM's expectation of European technology with technical assistance from Castellon SA of Spain for design & manufacturing of Window Regulators. In April 2, 2007, the company hived off their 4-wheeler Security System Business in order to expand the business of the company into new product lines. Also, they started commercial production from their new plant at Pantnagar in Uttarakhand. In April 22, 2007, the company acquired 100% ownership of KTSN Kunststoffechnik Sachsen GmbH & Co. KG in Germany, a limited liability partnership, which resulted in availability of latest technology in the field of interior system and expanding customer base in the European market. During the year 2007-08, the company entered the business transfer agreement with Minda Sons (Partnership Firm) and acquired the whole undertaking of Minda Sons situated in Pant Nagar, Uttarakhand, as going concern with effect from February 1, 2008. During the year 2008-09, the company acquired the manufacturing units of Minda S.M. Technocast Ltd engaged in the business of die-casting of manufacturing of automotive components located at Pune and Greater Noida and one manufacturing unit of Tuff Surface Finishing Pvt Ltd located at Greater Noida with effect from April 01, 2009. During the year 2009-10, the company acquired the die-casting, surface finishing and other market business for four wheelers. They started their Plastic Division with the support of their group companies in Europe. Also, they established a Design Centre in Tokyo, Japan in association with the group companies in order to develop high quality products for Japanese OEM's. The company is planning to introduce new range of products such as Wiper System for four wheelers and e-Bike Controllers for BLDC motors both for OEM and after-market in India and abroad. They are in the discussion with the prospective foreign collaborators for the technological and financial upgradation of their existing product range, introduction of new range of components, considering the future demand from automakers in India and abroad. During FY 2014, the Company consolidated its operations during the year to simplify and strengthen its operations. Certain less profitable operations have also been closed down. During the year under review, the Company acquired an additional 2% stake in Minda Furukawa Electric Private Limited. Consequently, Minda Furukawa Electric Private Limited has become a subsidiary of the Company with effect from 1 October 2014. During the year 2015, the Company set up a new plant in Czech Republic under Minda KTSN, Germany. The Plant would manufacture Ashtray, Storage Box, Cup Holders, and other sub-assemblies (air vent). Minda Furukawa Electric Private Limited has setup two new plants, one in Noida and second in Chennai. In FY 2015, Minda Management Services Limited, a subsidiary of the Company entered into a 50:50 joint venture with the US-based Vehicle Access Systems Technology LLC (VAST) for vehicle access components and systems targeted at auto manufacturers. The joint venture entity, Minda VAST Access Systems Private Limited (Minda VAST), will have operations in Pune and Delhi-NCR. VAST, a global supplier of security/access control products for the motor vehicle industry, will provide support to the JV for the locksets, steering column locks, latches, strikers, socket bows, handles, immobilisers, passive entry, start systems, ignition switches, hinges and power access.During the year 2015, the Company added new products such as, MCL- Magnetic module lock set (mainly for scooters), Minda VAST- Electric steering column lock identifier, Passive entry, Door handle, Latches and MASL- Control cables, CDI, Filters, Wiper blades, Ingnition coil, Regulator Rectifier. The Company acquired 100% stake in Panalfa Autoelektrik Limited (PAL) with effect from 4 April 2016 after closure of the financial year under review. During FY 2016, the Company launched new advanced product line for 2 wheelers and 4 wheelers, which includes high value products such as oil-dipped ready to install clutch plates, brake shoe for 2 wheelers and automotive filters. During the year 2018, the Company completed the setting up of its 3rd Die-Casting Plant at Chakan, Pune. The commercial production in the new plant started in the 2nd quarter of FY2018. This plant is the Competency Centre for Excellence - Gravity Die Casting & Low Pressure Die Casting with High precision Machining Centre and Powder Coating. It is also well equipped with test lab with added facilities like X-Ray, Metallurgy & Mechanical and Environmental test equipments. During the year 2019, the Company had initiated a Scheme of Amalgamation involving merger of five wholly owned subsidiaries i.e Minda Management Services Limited, Minda SAI Limited, Minda Automotive Solutions Limited, Minda Autoelektrik Limited and Minda Telematics and Electric Mobility Solutions Private Limited (Transferor Companies) into the Company. In this regard, the Honourable National Company Law Tribunal (NCLT), New Delhi Bench, has approved the Scheme vide its order dated July 19, 2019. The scheme shall be effective upon filing of the certified copy with the Registrar of Companies, Delhi. Amalgamation of the Transferor Companies into and with the Company shall result in consolidation of the businesses. During the year 2019, the investment of the Company in its joint venture company Furukawa Minda Electric Private Limited (Formerly Known as Minda Furukawa Electric Private Limited) has been reduced and the present shareholding of the Company in the said JV is 25%. The shareholding of Japanese joint venture partner has been increased to 75%. During the year 2020-21, Company has incorporated a Wholly Owned Subsidiary i.e. Spark Minda Green Mobility Systems Private Limited effective from February 22, 2021. The Company had initiated a Scheme of Amalgamation involving merger of five wholly owned subsidiaries i.e. Minda Management Services Limited, Minda SAI Limited, Minda Automotive Solutions Limited, Minda Autoelektrik Limited and Minda Telematics and Electric Mobility Solutions Private Limited (Transferor Companies) into the Company. The Honorable NCLT, New Delhi Bench, approved the Scheme vide its Order dated July 19, 2019. The Scheme was operative from April 1, 2018 being the Appointed Date and became effective from September 01, 2019 i.e. upon filing of the certified Copy of the said Order of Hon'ble NCLT with the Registrar of Companies, Delhi. During the year 2021-22, Company acquired balance equity stake of 49% in Minda Instruments Limited (MIL). Therefore, MIL became wholly owned subsidiary of the Company w.e.f. January 1, 2022. During the year 2021-22, Company through its wholly owned subsidiary, Spark Minda Green Mobility Systems Private Limited, acquired 26% equity stake and accordingly it become step associate of the Company. In 2023, the Company o launched 1500 fiber parts that is Plastic-molded, painted components for two-wheelers to meet the growing demand of 2W riders across the country.

Minda Corporation Ltd News Hub

News

Minda Corpo inks JV agreement with HCMF for automotive sunroof solutions and closure systems

“This joint venture shall be operational through incorporation of a new joint venture enti...

Read more

15 Jun 202411:23

News

Minda Corporation signs joint venture agreement with Taiwan based - Hsin Ching Machinery Works

Minda Corporation signed a joint venture agreement with HSIN Chong Machinery Works Co. (HC...

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14 Jun 202418:47

News

Minda Corporation to convene AGM

Minda Corporation announced that the 39th Annual General Meeting(AGM) of the company will ...

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23 May 202410:44

News

Board of Minda Corporation recommends final dividend

Minda Corporation announced that the Board of Directors of the Company at its meeting held...

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22 May 202418:55

News

Board of Minda Corporation appoints director

The Board of Minda Corporation at its meeting held on 22 May 2024 has approved the appoint...

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22 May 202415:40

News

Minda Corporation to hold board meeting

Minda Corporation will hold a meeting of the Board of Directors of the Company on 22 May 2...

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14 May 202414:28

Product Composition by Percentage (Revenue)

FAQs for PE of Minda Corporation Ltd

What is Minda Corporation Ltd current share price?

The current market price of Minda Corporation Ltd as of July 14, 2024 is ₹483.45.

Is Minda Corporation Ltd a good investment?

As per BlinkX Score Minda Corporation Ltd scores 52 in Revenue, 7 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Minda Corporation Ltd's total net assets?

According to Minda Corporation Ltd's most recent financial filings, the company's net assets total ₹1605.9 Cr.

Is Minda Corporation Ltd making a profit or loss?

Minda Corporation Ltd's net Profit as of July 14, 2024 is close to ₹227 Cr.
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