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Minda Corporation Ltd

MINDACORP Share Price

497.460.72% (-3.59)
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MINDACORP Performance & Key Metrics

MINDACORP Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.356.490.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.396.330.71%

MINDACORP Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

MINDACORP Company Profile

Minda Corporation is an automotive component and flagship company. It has a diversified product portfolio that encompasses Safety, Security and Restraint Systems; Driver Information and Telematics Systems, and Interior Systems for auto manufacturers.

MINDACORP Similar Stocks (Peers)

Compare with peers Compare with peers 

MINDACORP Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
28.46
28.46
1Y Return
8.74%
8.74%
Buy Reco %
75.00
75.00
BOSCHLTD
PE Ratio
46.17
46.17
1Y Return
2.62%
2.62%
Buy Reco %
40.00
40.00
PE Ratio
68.79
68.79
1Y Return
8.56%
8.56%
Buy Reco %
33.33
33.33
PE Ratio
64.63
64.63
1Y Return
6.40%
6.40%
Buy Reco %
75.00
75.00
PE Ratio
40.33
40.33
1Y Return
5.88%
5.88%
Buy Reco %
83.33
83.33
Compare with Peers

MINDACORP Sentiment Analysis

MINDACORP Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MINDACORP Stock Summary · January 2025

Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.

MINDACORP Stock Growth Drivers
MINDACORP Stock Growth Drivers
2
  • Focus on Sustainable Growth

    Company is prioritizing profitable growth over mere expansion, emphasizing a strategy that encourages ground-level teams

  • Stable Financial Metrics

    The company has maintained a return on assets (ROA) of 1.9% post-merger, showcasing stability in

end marker
MINDACORP Stock Challenges
MINDACORP Stock Challenges
3
  • Deposit Growth Shortfalls

    The company has experienced deposit growth that has not met expectations, attributed to seasonal trends

  • Loan Growth Concerns

    There is uncertainty regarding the company's loan deposit ratio (LDR) and its implications for loan

MINDACORP Forecast

What are forecasts?

What are forecasts?

Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period

MINDACORP Forecasts

Price

Revenue

Earnings

MINDACORP

MINDACORP

Income

Balance Sheet

Cash Flow

MINDACORP Income Statement

MINDACORP Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 8.02%, vs industry avg of 8.27%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.45% to 1.33%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 6.07%, vs industry avg of 10.04%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue2,086.602,622.903,173.002,277.702,401.103,032.804,315.904,666.805,088.635,088.63
Raw Materialssubtract1,337.301,634.101,892.001,359.201,518.501,862.102,802.702,894.204,481.424,481.42
Power & Fuel Costsubtract39.8050.7062.1046.8048.0059.9081.5085.70
Employee Costsubtract371.40441.30509.20356.60382.70474.20625.50728.50
Selling & Administrative Expensessubtract130.80114.10130.1079.5059.6064.60104.80112.10
Operating & Other expensessubtract-11.5077.70204.50468.10179.80219.50222.50315.00
Depreciation/Amortizationsubtract57.7073.8088.3086.6093.60112.00138.10165.80204.31204.31
Interest & Other Itemssubtract30.2039.8050.7041.3038.8032.0042.3057.1067.2467.24
Taxes & Other Itemssubtract28.8048.7066.9039.4027.3016.6014.0081.2080.2980.29
EPS4.916.867.79-8.812.268.0311.909.5010.8510.68
DPS0.500.600.700.350.651.001.201.401.401.80
Payout ratio0.100.090.090.290.120.100.150.130.17

MINDACORP Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Aug 5PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

May 23PDF
May 17PDF
Mar 7PDF
FY 2021FY 2021

Annual report

PDF

Investor Presentation

Aug 14PDF
Jul 17PDF
Jul 16PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual Report Unavailable

Investor Presentation

May 29PDF
Feb 28PDF
Feb 8PDF
 

MINDACORP Stock Peers

What are peers and why compare against them?

What are peers and why compare against them?

A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole

MINDACORP Past Performance & Peer Comparison

MINDACORP Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryAuto Parts

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Minda Corporation Ltd50.356.490.26%
Samvardhana Motherson International Ltd28.463.840.53%
Bosch Ltd46.177.721.62%
Schaeffler India Ltd68.7912.110.68%

MINDACORP Stock Price Comparison

Compare MINDACORP with any stock or ETF
Compare MINDACORP with any stock or ETF
MINDACORP
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MINDACORP Holdings

MINDACORP Shareholdings

What are shareholdings?

What are shareholdings?

Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock

MINDACORP Promoter Holdings Trend

MINDACORP Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MINDACORP Institutional Holdings Trend

MINDACORP Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

MINDACORP Shareholding Pattern

MINDACORP Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding64.84%15.09%3.39%8.33%8.35%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

MINDACORP Shareholding History

MINDACORP Shareholding History

Dec '23MarJunSepDec '24Mar3.73%5.08%6.07%7.62%7.99%8.33%

Mutual Funds Invested in MINDACORP

Mutual Funds Invested in MINDACORP

No mutual funds holding trends are available

Top 5 Mutual Funds holding Minda Corporation Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
2.7311%1.34%-0.30%19/118 (-6)
1.8983%1.41%0.38%53/80 (+9)
1.4136%2.95%2.95%7/79 (+32)

Compare 3-month MF holding change on Screener

MINDACORP Insider Trades & Bulk Stock Deals

MINDACORP Insider Trades & Bulk Stock Deals

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smallcases containing MINDACORP stock

smallcases containing MINDACORP stock

Looks like this stock is not in any smallcase yet.

MINDACORP Events

MINDACORP Events

MINDACORP Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MINDACORP has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.60 every year

Dividends

Corp. Actions

Announcements

Legal Orders

What are dividends?

What are dividends?

Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation

MINDACORP Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MINDACORP has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.60 every year

MINDACORP Upcoming Dividends

MINDACORP Upcoming Dividends

No upcoming dividends are available

MINDACORP Past Dividends

MINDACORP Past Dividends

Cash Dividend

Ex DateEx DateAug 7, 2024

Final
Final | Div/Share: ₹0.90

Dividend/Share

0.90

Ex DateEx Date

Aug 7, 2024

Cash Dividend

Ex DateEx DateAug 6, 2024

Final
Final | Div/Share: ₹0.90

Dividend/Share

0.90

Ex DateEx Date

Aug 6, 2024

Cash Dividend

Ex DateEx DateFeb 13, 2024

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Feb 13, 2024

Cash Dividend

Ex DateEx DateJul 21, 2023

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Jul 21, 2023

Cash Dividend

Ex DateEx DateFeb 17, 2023

Interim
Interim | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Feb 17, 2023

MINDACORP Stock News & Opinions

MINDACORP Stock News & Opinions

Spotlight
Minda Corporation edges higher after signing JV pact with Japanese firm Toyodenso

The partnership will provide end-to-end solutions including design, development, manufacturing and marketing of automotive switches for two-wheelers, passenger cars and other automotive segment for the Indian market. Minda Corporation will have majority stake in the newly formed venture with an investment in the agreed shareholding ratio of 60:40. The new Joint venture has already received orders from customers in India. This greenfield plant will be set up in Noida, Uttar Pradesh and is expected to commence operations by 2 nd half of FY 2026'27. This partnership is strategically aligned to cater to the rising demand for advanced switches in the Indian automotive sector and in line with the company synergistic product portfolio and localization of new products and technologies for the customers. Ashok Minda, chairman & group CEO, Minda Corporation, said: 'We are very excited and privileged to partner with Toyodenso, a Global Japanese company with rich legacy of technological innovation. This partnership marks a pivotal milestone in our journey to drive smart mobility solutions while fostering indigenous manufacturing by integrating globally recognized technologies into India's automotive ecosystem.' Minda Corporation is one of the leading automotive component manufacturing companies in India with a pan India presence and significant international footprint. It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. The company has a diversified customer base including Indian and global original equipment manufacturers and Tier-1 customers. The company's consolidated net profit declined 26.46% to Rs 52.03 crore despite an 8.75% increase in revenue to Rs 1321.26 crore in Q4 FY25 as compared with Q4 FY24. Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Minda Corporation enters into JV with Japan-based Toyodenso Co.

Minda Corporation announced a Joint Venture with Japan-based Toyodenso Co. for advance automotive switches for the Indian market. The partnership will provide end-to end solutions including design, development, manufacturing and marketing of Automotive Switches for two-wheelers, Passenger Cars and other automotive segment for the Indian market. Minda Corporation will have majority stake in the newly formed venture with an investment in the agreed shareholding ratio of 60:40. The new Joint venture has already received orders from customers in India. This greenfield plant will be set up in Noida, Uttar Pradesh and is expected to commence operations by 2nd half of FY 2026-27. This partnership is strategically aligned to cater to the rising demand for advanced switches in the Indian automotive sector and in line with the company synergistic product portfolio and localization of new products and technologies for the customers. Through this partnership, Toyodenso will bring new technologies and advanced engineering capabilities while Minda Corporation will contribute with its deep expertise in localised manufacturing, and robust supply chain ecosystem etc. Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Minda Corporation to convene AGM

Minda Corporation announced that the 40th Annual General Meeting(AGM) of the company will be held on 22 August 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Minda Corporation fixes record date for final dividend

Minda Corporation has fixed 14 August 2025 as record date for the purpose of ascertaining the eligibility of shareholders for the payment of final dividend for the year 2024-25. Dividend shall be paid on or before 20 September 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Board of Minda Corporation recommends final dividend

Minda Corporation announced that the Board of Directors of the Company at its meeting held on 27 May 2025, inter alia, have recommended the final dividend of Rs 0.9 per equity Share (i.e. 45%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Minda Corporation consolidated net profit declines 26.46% in the March 2025 quarter

Net profit of Minda Corporation declined 26.46% to Rs 52.03 crore in the quarter ended March 2025 as against Rs 70.75 crore during the previous quarter ended March 2024. Sales rose 8.75% to Rs 1321.26 crore in the quarter ended March 2025 as against Rs 1214.98 crore during the previous quarter ended March 2024. For the full year,net profit rose 12.39% to Rs 255.37 crore in the year ended March 2025 as against Rs 227.22 crore during the previous year ended March 2024. Sales rose 8.71% to Rs 5056.22 crore in the year ended March 2025 as against Rs 4651.14 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1321.261214.98 9 5056.224651.14 9 OPM %11.5711.40 -11.3711.06 - PBDT121.71135.88 -10 539.97474.28 14 PBT64.9092.25 -30 335.66308.48 9 NP52.0370.75 -26 255.37227.22 12 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Minda Corporation fixes record date for final dividend

Minda Corporation has fixed 14 August 2025 as record date for payment of final dividend of Rs 0.90 per share for FY 2025. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Minda Corporation declare Quarterly Result

Minda Corporation will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Minda Corporation appoints Ajay Agarwal as President - Finance & Strategy

Minda Corporation announced the appointment of  Ajay Agarwal as President - Finance & Strategy. Ajay Agarwal is a Chartered Accountant and Lawyer, bringing more than 24 years of executive experience across industries, with a proven track record in driving business and financial performance, executing complex transactions, and supporting scalable business models. Most recently, he served as President- Finance and Strategy at Vedanta Limited, where he led key financial operations and strategic initiatives. His career also includes leadership roles at globally renowned organisations such as KPMG and PwC, where he played a pivotal role in driving financial excellence and business transformation. In his new role he will be formulating strategies and developing organization structure to facilitate growth. He will spearhead financial function including strategy, corporate planning, Merger & Acquisition, Joint Ventures, Investor Relations and various strategic growth initiatives. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of Minda Corporation approves issuance of warrants to Minda Capital

The Board of Minda Corporation at its meeting held on 28 March 2025 has approved issuance of upto 76,50,000 warrants of the Company at a price of Rs. 550 per Warrant, aggregating to Rs. 420.75 crore to Minda Capital, a promoter of the Company on preferential basis, for cash consideration. Powered by Capital Market - Live

2 months agoCapital Market - Live

MINDACORP Stock FAQs

MINDACORP Stock FAQs

  1. How to Buy Minda Corporation Ltd Shares?

    You can easily buy the stocks/shares of Minda Corporation Ltd (MINDACORP) on Tickertape or through broker platform by opening a Demat & Trading account online

  2. What is the Share Price of Minda Corporation Ltd?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of MINDACORP as on 15th May 2025 is ₹497.46

  3. What is the return on Minda Corporation Ltd share?

    The past returns of Minda Corporation Ltd (MINDACORP) share are
    • Past 1 week: N/A
    • Past 1 month: -83.99
    • Past 3 months: 7.18
    • Past 6 months: 3.60
    • Past 1 year: 21.58
    • Past 3 years: 189.32
    • Past 5 years: 789.59

  4. What is the Dividend yield % on Minda Corporation Ltd share?

    The current dividend yield of Minda Corporation Ltd (MINDACORP) is 0.26

  5. What is the Market Cap of Minda Corporation Ltd?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Minda Corporation Ltd (MINDACORP) is ₹12857.40Cr as of 15th May 2025

  6. What is the 52 Week High and Low of Minda Corporation Ltd?

    The 52-week high and low of Minda Corporation Ltd (MINDACORP) is ₹652 and ₹443.85.

  7. What is the PE and PB ratio of Minda Corporation Ltd?

    The P/E (price-to-earnings) and P/B (price-to-book) ratios of Minda Corporation Ltd are 50.35 and 6.49 respectively.

  8. Which sector does Minda Corporation Ltd belong to?

    Minda Corporation Ltd (MINDACORP) belongs to the Consumer Discretionary sector & Auto Parts sub-sector.

  9. What are the peers or stocks similar to Minda Corporation Ltd?
  10. Can't decide whether or not to buy Minda Corporation Ltd?

    Worry no more! Login to Tickertape and check out Minda Corporation Ltd (MINDACORP) scorecard & all the relevant insights today

  11. 5. Test Stocks FAQ What is the 52 Week High and Low of Minda Corporation Ltd?

    The 52-week high and low of Minda Corporation Ltd (MINDACORP) is ₹652 and ₹443.85.

  12. 1. Test Stocks FAQ for Minda Corporation Ltd Shares?

    You can easily buy the stocks/shares of Minda Corporation Ltd (MINDACORP) on Tickertape or through broker platform by opening a Google & Trading account online

  13. 3. Test Stocks FAQ What is the Share Price of Minda Corporation Ltd?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of MINDACORP as on 15th May 2025 is ₹497.46