Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: Auto Parts

Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. The company offers mechatronic products, such as ignition switch cum steering locks, smart key systems, mechatronics handles and immobiliser system, die casting components, starter motors, and alternators; information and connected systems, including wiring harness, connectors, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. It also provides plastic and interior products comprising air vents, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products that comprise locks, lubricants, filters, clutch plates, bearings, wiper blades, brake shoes, and cables. In addition, the company offers DC-DC convertor, battery charger, motor controller, intelligent transport system, telematics, connected clusters, MFECU, and vehicle control unit; and rod, micro pole, shark fin, and LF antennas. It offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India.

Revenue projections:

Revenue projections for MINDACORP
Revenue projections for MINDACORP

MINDACORP's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 0.926000
forwardPE 30.494297
debtToEquity 62.969000
earningsGrowth 0.138000
revenueGrowth 0.190000
grossMargins 0.369720
operatingMargins 0.078700
trailingEps 11.180000
forwardEps 17.803330

Minda Corporation Limited's positive earnings and revenue growth suggest the company is on a path to business expansion. This upward trend signals strong financial health, indicating that Minda Corporation Limited is well-positioned for sustained growth in both profits and revenue.
MINDACORP's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that MINDACORP is likely to outperform its previous year's financial performance.

Price projections:

Price projections for MINDACORP
Price projections for MINDACORP

Minda Corporation Limited's stock price has consistently been near the lower edge of expected values, indicating potential struggles in meeting growth projections. This trend may reflect a cautious market sentiment toward the company.

Insider Transactions:

Insider Transactions for MINDACORP
Insider Transactions for MINDACORP


14 separate sales of Minda Corporation Limited shares were executed, with the market price hovering at 522.8107234409878.No sell transactions occurred in the period under review.With more buys than sells around Minda Corporation Limited's current price, there seems to be increased confidence among investors. This shift may indicate a favorable outlook, as the buying behavior suggests optimism for the stock's future growth or resilience.

Recommendation changes over time:

Recommendations trend for MINDACORP
Recommendations trend for MINDACORP


MINDACORP has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view MINDACORP as a reliable choice for their money, offering a promising avenue for future growth and financial gains.