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 is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.85500
forwardPE 25.42972
debtToEquity 73.08600
earningsGrowth -0.26100
revenueGrowth 0.08700
grossMargins 0.36616
operatingMargins 0.07408
trailingEps 10.68000
forwardEps 8.00000

Minda Corporation Limited's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
MINDACORP's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
MINDACORP's negative gross and operating margins indicate that the company is currently unprofitable at both the production and operational levels. This suggests significant challenges in managing costs and generating revenue, which could impact its overall financial health.
MINDACORP'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


10 transactions were made to sell Minda Corporation Limited shares, with market price of 528.5200134277344.During the period under consideration, there were no sell transactions.The higher number of buys versus sells near MINDACORP's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.

Recommendation changes over time:

Recommendations trend for MINDACORP
Recommendations trend for MINDACORP


MINDACORP has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view MINDACORP as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.