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 is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 0.92600
forwardPE 33.19741
debtToEquity 62.96900
earningsGrowth 0.13800
revenueGrowth 0.19000
grossMargins 0.36972
operatingMargins 0.07870
trailingEps 11.18000
forwardEps 8.00000

With both earnings and revenue growth showing positive trends, Minda Corporation Limited is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
Minda Corporation Limited's forward EPS being lower than its trailing EPS suggests the company is expected to see reduced profitability in the current financial year compared to the previous one. This signals a potential decline in earnings, raising concerns about future financial performance.

Price projections:

Price projections for MINDACORP
Price projections for MINDACORP

Over time, price projections for MINDACORP have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for MINDACORP's continued growth.

Insider Transactions:

Insider Transactions for MINDACORP
Insider Transactions for MINDACORP


Minda Corporation Limited experienced 14 selling transactions, with market price of 522.8107234409878.No sell transactions took place in the period under consideration.With more buying than selling around MINDACORP's current price, investors could be expressing optimism. This trend may suggest that the market expects favorable outcomes for the stock, leading to an increased demand at these levels.

Recommendation changes over time:

Recommendations trend for MINDACORP
Recommendations trend for MINDACORP


Recent analysis shows a strong buy bias for MINDACORP, encouraging investors to view it as a solid investment option. The positive sentiment surrounding MINDACORP suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.