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

The projected decline in MINDACORP's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.000000
forwardPE 31.831715
debtToEquity 25.387000
earningsGrowth 0.237000
revenueGrowth 0.074000
grossMargins 0.364460
operatingMargins 0.074410
trailingEps 11.460000
forwardEps 8.000000

MINDACORP's low Debt-to-Equity ratio reflects that the company isn't heavily reliant on debt, reducing financial risk. This conservative approach suggests MINDACORP maintains a stable financial foundation, with greater flexibility to manage future growth or challenges without over-leverage concerns.
Minda Corporation Limited's forward EPS being lower than its trailing EPS suggests that the company's earnings may decline in the current year. This could indicate financial challenges ahead for the company.

Price projections:

Price projections for MINDACORP
Price projections for MINDACORP



Insider Transactions:

Insider Transactions for MINDACORP
Insider Transactions for MINDACORP


There were 13 transactions selling Minda Corporation Limited stock, with prevailing market price of 514.7615497295673.Throughout the period under consideration, there were no sell transactions.An increase in buying activity relative to selling at Minda Corporation Limited's current price might suggest a favorable sentiment among investors. This trend could be interpreted as a sign that the stock has a positive outlook in the near term.

Recommendation changes over time:

Recommendations trend for MINDACORP
Recommendations trend for MINDACORP


With analysts showing a buy bias for Minda Corporation Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Minda Corporation Limited as a safe and profitable place for investors to allocate their funds and seek growth.