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 the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.855000
forwardPE 27.046856
debtToEquity 73.086000
earningsGrowth -0.260000
revenueGrowth 0.088000
grossMargins 0.377700
operatingMargins 0.072710
trailingEps 10.660000
forwardEps 8.000000

MINDACORP's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
MINDACORP's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
MINDACORP's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
MINDACORP's forward EPS being less than its trailing EPS indicates the company may be less profitable this year than last. This signals potential challenges in maintaining earnings growth and could lead to concerns about future performance.

Price projections:

Price projections for MINDACORP
Price projections for MINDACORP



Insider Transactions:

Insider Transactions for MINDACORP
Insider Transactions for MINDACORP


MINDACORP experienced 13 sell transactions with market price of 514.7615497295673 per share.During the review period, no sell transactions were executed.The higher volume of buys compared to sells near current MINDACORP price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.

Recommendation changes over time:

Recommendations trend for MINDACORP
Recommendations trend for MINDACORP


The recent buy bias for MINDACORP from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see MINDACORP as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.