Nifty
Sensex
:
:
24870.10
81306.85
-213.65 (-0.85%)
-693.86 (-0.85%)

Auto Ancillary

Rating :
58/99

BSE: 538962 | NSE: MINDACORP

507.85
22-Aug-2025
  • Open
  • High
  • Low
  • Previous Close
  •  500.05
  •  510.25
  •  496.8
  •  500.05
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  269254
  •  135687481.4
  •  652
  •  445.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 12,138.06
  • 47.33
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 13,386.06
  • 0.28%
  • 5.39

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 64.84%
  • 1.11%
  • 4.69%
  • FII
  • DII
  • Others
  • 8.82%
  • 18.18%
  • 2.36%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.53
  • 16.38
  • 5.55

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.76
  • 21.24
  • 4.47

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.38
  • 21.70
  • -6.69

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 26.43
  • 32.90
  • 34.83

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.72
  • 4.15
  • 4.98

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.54
  • 16.05
  • 18.40

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
9.65
10.85
14.1
19.08
P/E Ratio
52.63
46.81
36.02
26.62
Revenue
4651
5056
5744
6599
EBITDA
514
689
819
Net Income
227
255
336
430
ROA
6.8
7.2
8.9
P/B Ratio
6.99
4.76
3.97
ROE
12.72
14.13
16.3
FCFF
3
252
283
FCFF Yield
0.02
1.94
2.18
Net Debt
52
BVPS
72.7
106.64
127.89

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
1,385.88
1,192.39
16.23%
1,321.26
1,214.98
8.75%
1,252.56
1,165.81
7.44%
1,290.01
1,195.84
7.87%
Expenses
1,229.59
1,060.61
15.93%
1,168.38
1,076.42
8.54%
1,109.00
1,035.94
7.05%
1,143.43
1,064.53
7.41%
EBITDA
156.29
131.78
18.60%
152.88
138.56
10.33%
143.56
129.87
10.54%
146.58
131.31
11.63%
EBIDTM
11.28%
11.05%
11.57%
11.40%
11.46%
11.14%
11.36%
10.98%
Other Income
3.29
8.34
-60.55%
3.33
9.80
-66.02%
9.09
1.98
359.09%
11.65
2.03
473.89%
Interest
32.80
9.76
236.07%
34.50
12.48
176.44%
11.90
14.32
-16.90%
11.08
14.93
-25.79%
Depreciation
56.05
45.92
22.06%
56.81
43.63
30.21%
50.36
41.73
20.68%
51.22
41.41
23.69%
PBT
70.73
84.44
-16.24%
64.90
92.25
-29.65%
90.39
75.80
19.25%
95.93
77.00
24.58%
Tax
18.56
22.10
-16.02%
23.17
22.65
2.30%
26.03
25.01
4.08%
25.16
18.72
34.40%
PAT
52.17
62.34
-16.31%
41.73
69.60
-40.04%
64.36
50.79
26.72%
70.77
58.28
21.43%
PATM
3.76%
5.23%
3.16%
5.73%
5.14%
4.36%
5.49%
4.87%
EPS
2.73
2.69
1.49%
2.18
2.96
-26.35%
2.71
2.20
23.18%
3.11
2.46
26.42%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
5,249.71
5,056.20
4,651.10
4,300.10
2,975.90
2,367.90
2,222.60
3,092.00
2,593.50
2,059.80
2,445.52
Net Sales Growth
10.08%
8.71%
8.16%
44.50%
25.68%
6.54%
-28.12%
19.22%
25.91%
-15.77%
 
Cost Of Goods Sold
3,261.42
3,146.50
2,923.80
2,777.30
1,875.90
1,492.50
1,338.50
1,903.20
1,558.60
1,226.50
1,499.21
Gross Profit
1,988.29
1,909.70
1,727.30
1,522.80
1,100.00
875.40
884.10
1,188.80
1,034.90
833.30
946.31
GP Margin
37.87%
37.77%
37.14%
35.41%
36.96%
36.97%
39.78%
38.45%
39.90%
40.46%
38.70%
Total Expenditure
4,650.40
4,480.00
4,135.50
3,837.00
2,680.30
2,147.90
1,974.80
2,797.90
2,317.90
1,867.80
2,218.48
Power & Fuel Cost
-
94.30
85.70
81.50
59.90
48.00
46.80
62.10
50.70
39.80
40.77
% Of Sales
-
1.87%
1.84%
1.90%
2.01%
2.03%
2.11%
2.01%
1.95%
1.93%
1.67%
Employee Cost
-
782.50
728.50
625.50
474.20
382.70
356.60
509.20
441.30
371.40
416.48
% Of Sales
-
15.48%
15.66%
14.55%
15.93%
16.16%
16.04%
16.47%
17.02%
18.03%
17.03%
Manufacturing Exp.
-
188.10
173.50
148.10
122.10
101.10
101.60
119.70
101.30
80.60
87.15
% Of Sales
-
3.72%
3.73%
3.44%
4.10%
4.27%
4.57%
3.87%
3.91%
3.91%
3.56%
General & Admin Exp.
-
123.50
98.50
90.30
56.40
53.10
67.30
114.70
99.90
86.60
95.14
% Of Sales
-
2.44%
2.12%
2.10%
1.90%
2.24%
3.03%
3.71%
3.85%
4.20%
3.89%
Selling & Distn. Exp.
-
99.30
86.80
77.30
61.90
49.70
44.60
53.10
44.00
43.90
49.78
% Of Sales
-
1.96%
1.87%
1.80%
2.08%
2.10%
2.01%
1.72%
1.70%
2.13%
2.04%
Miscellaneous Exp.
-
45.80
38.70
37.00
29.90
20.80
19.40
35.90
22.10
19.00
49.78
% Of Sales
-
0.91%
0.83%
0.86%
1.00%
0.88%
0.87%
1.16%
0.85%
0.92%
1.22%
EBITDA
599.31
576.20
515.60
463.10
295.60
220.00
247.80
294.10
275.60
192.00
227.04
EBITDA Margin
11.42%
11.40%
11.09%
10.77%
9.93%
9.29%
11.15%
9.51%
10.63%
9.32%
9.28%
Other Income
27.36
32.40
15.70
15.80
24.20
33.20
42.60
35.50
16.30
40.50
17.29
Interest
90.28
68.70
57.10
42.30
32.00
38.80
41.30
50.70
39.80
30.20
37.06
Depreciation
214.44
204.30
165.80
138.10
112.00
93.60
86.60
88.30
73.80
57.70
74.46
PBT
321.95
335.60
308.40
298.50
175.80
120.80
162.50
190.60
178.30
144.60
132.81
Tax
92.92
96.40
83.20
4.10
24.00
31.20
45.40
66.90
48.70
28.80
36.57
Tax Rate
28.86%
28.72%
26.98%
1.37%
11.51%
25.83%
-27.20%
32.15%
27.31%
19.92%
24.96%
PAT
229.03
239.20
225.20
294.40
184.50
89.60
-212.30
141.20
129.60
115.80
106.99
PAT before Minority Interest
229.03
239.20
225.20
294.40
184.50
89.60
-212.30
141.20
129.60
115.80
109.97
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-2.98
PAT Margin
4.36%
4.73%
4.84%
6.85%
6.20%
3.78%
-9.55%
4.57%
5.00%
5.62%
4.37%
PAT Growth
-4.97%
6.22%
-23.51%
59.57%
105.92%
-
-
8.95%
11.92%
8.23%
 
EPS
9.58
10.00
9.42
12.31
7.72
3.75
-8.88
5.91
5.42
4.84
4.47

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
2,202.20
1,980.60
1,590.80
1,330.10
1,146.60
975.00
1,195.10
740.70
622.10
567.35
Share Capital
47.80
47.80
47.80
47.80
47.80
45.40
45.30
41.60
41.60
60.80
Total Reserves
2,152.80
1,931.10
1,538.00
1,279.50
1,096.30
928.00
1,146.00
697.00
580.30
506.56
Non-Current Liabilities
709.10
343.80
342.10
230.10
152.80
184.30
175.80
308.30
211.30
177.30
Secured Loans
420.90
136.70
171.60
84.80
93.30
114.80
139.10
261.90
158.80
86.66
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.20
6.50
18.50
24.90
54.98
Long Term Provisions
54.20
45.10
38.80
31.90
24.90
25.20
17.50
18.50
18.00
17.94
Current Liabilities
1,962.40
1,102.40
1,268.90
1,006.90
1,028.70
1,167.50
1,071.10
1,002.20
714.50
962.42
Trade Payables
829.00
663.60
725.60
567.50
506.50
509.30
410.30
440.90
264.00
425.59
Other Current Liabilities
304.20
281.30
211.70
158.00
191.00
252.20
248.50
232.80
149.50
176.71
Short Term Borrowings
816.00
145.10
317.60
261.50
307.00
312.40
387.30
309.40
285.30
317.38
Short Term Provisions
13.20
12.40
14.00
19.90
24.20
93.60
25.00
19.10
15.70
42.74
Total Liabilities
4,873.70
3,426.80
3,201.80
2,567.10
2,328.10
2,326.80
2,442.00
2,051.20
1,547.90
1,770.75
Net Block
1,507.40
1,206.70
1,025.70
887.00
612.70
570.10
731.60
711.30
529.90
718.67
Gross Block
2,432.80
1,947.90
1,650.60
1,385.50
940.40
814.90
952.00
844.10
590.90
1,352.24
Accumulated Depreciation
925.40
741.20
624.90
498.50
327.70
244.80
220.40
132.80
61.00
633.57
Non Current Assets
3,195.80
1,447.30
1,618.40
1,022.10
841.90
801.10
992.70
922.50
764.00
764.20
Capital Work in Progress
85.20
63.20
85.20
32.50
17.80
28.50
21.00
16.10
74.20
13.13
Non Current Investment
1,475.60
56.90
451.30
64.20
180.50
176.10
165.00
139.30
125.70
5.21
Long Term Loans & Adv.
122.00
118.00
55.00
34.90
29.00
24.20
22.00
32.10
27.00
23.48
Other Non Current Assets
5.60
2.50
1.20
3.50
1.90
2.20
53.10
23.70
7.20
3.71
Current Assets
1,677.90
1,979.50
1,583.40
1,545.00
1,486.20
1,525.70
1,449.30
1,128.70
783.90
1,006.55
Current Investments
0.00
290.80
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
580.80
527.00
573.30
478.90
395.90
394.90
446.40
447.90
306.40
321.02
Sundry Debtors
827.50
804.40
640.90
568.80
442.00
389.80
546.40
570.50
374.10
435.27
Cash & Bank
96.70
192.00
161.90
333.40
499.40
472.40
353.00
26.10
33.40
88.20
Other Current Assets
172.90
88.70
85.40
87.60
148.90
268.60
103.50
84.20
70.00
162.05
Short Term Loans & Adv.
63.10
76.60
121.90
76.30
71.40
52.00
52.90
47.00
36.50
142.49
Net Current Assets
-284.50
877.10
314.50
538.10
457.50
358.20
378.20
126.50
69.40
44.13
Total Assets
4,873.70
3,426.80
3,201.80
2,567.10
2,328.10
2,326.80
2,442.00
2,051.20
1,547.90
1,770.75

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
544.40
286.80
387.40
166.80
85.50
450.40
209.40
69.90
48.40
225.77
PBT
351.80
310.40
288.60
183.20
84.00
-154.40
236.10
191.40
130.90
146.54
Adjustment
231.70
209.40
177.70
122.90
130.60
425.90
76.10
97.80
75.10
107.31
Changes in Working Capital
55.00
-130.80
-44.20
-90.60
-107.90
230.70
-42.20
-174.50
-126.40
13.29
Cash after chg. in Working capital
638.50
389.00
422.10
215.50
106.70
502.20
270.00
114.70
79.60
267.14
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-94.10
-102.20
-34.70
-48.70
-21.20
-51.80
-60.60
-44.80
-31.20
-41.37
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-1,408.70
116.70
-428.10
-7.30
-174.20
-137.10
-401.90
-200.20
-169.90
-159.72
Net Fixed Assets
-455.10
-214.00
-290.70
-155.40
-113.70
-177.70
-92.50
-310.60
40.24
-19.86
Net Investments
-1,126.80
105.50
-376.90
-176.10
-0.60
202.60
-42.10
-17.40
-92.52
-15.00
Others
173.20
225.20
239.50
324.20
-59.90
-162.00
-267.30
127.80
-117.62
-124.86
Cash from Financing Activity
788.50
-358.40
74.30
-160.80
65.20
-249.00
203.30
122.10
67.40
-28.98
Net Cash Inflow / Outflow
-75.80
45.10
33.60
-1.30
-23.50
64.30
10.80
-8.20
-54.10
37.06
Opening Cash & Equivalents
152.10
107.90
70.80
53.10
94.70
30.30
19.30
27.60
70.20
39.38
Closing Cash & Equivalent
75.90
152.10
107.90
70.80
53.10
94.70
30.30
19.30
27.60
78.34

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
92.08
82.80
66.35
55.54
47.87
42.88
52.60
35.51
29.90
26.33
ROA
5.76%
6.79%
10.21%
7.54%
3.85%
-8.90%
6.29%
7.20%
6.98%
6.89%
ROE
11.45%
12.63%
20.21%
14.93%
8.46%
-19.61%
14.63%
19.05%
19.80%
22.12%
ROCE
13.76%
16.35%
17.64%
14.35%
10.18%
-7.43%
15.50%
16.55%
15.33%
17.67%
Fixed Asset Turnover
2.36
2.64
2.90
2.62
2.70
2.52
3.44
3.67
2.28
2.23
Receivable days
57.64
55.60
50.15
60.58
64.11
76.87
65.92
65.42
66.83
51.68
Inventory Days
39.13
42.33
43.62
52.43
60.95
69.08
52.78
52.24
51.80
37.88
Payable days
86.57
86.71
84.97
104.49
124.21
80.22
55.98
55.85
68.16
61.02
Cash Conversion Cycle
10.19
11.22
8.79
8.52
0.85
65.74
62.73
61.81
50.47
28.54
Total Debt/Equity
0.61
0.18
0.35
0.29
0.42
0.55
0.57
0.98
0.88
0.96
Interest Cover
5.88
6.40
8.06
7.52
4.11
-3.04
5.10
5.48
5.79
4.95

News Update:


  • Minda Corporation - Quarterly Results
    12th Aug 2025, 14:49 PM

    Read More
  • Minda Corporation enters into strategic collaboration with Qualcomm Technologies
    23rd Jul 2025, 15:08 PM

    As part of their collaboration, the company is designing a next-generation cockpit platform powered by the Snapdragon Cockpit Platform from Qualcomm Technologies

    Read More
  • Minda Corporation raises Rs 100 crore through issuance of commercial paper
    25th Jun 2025, 14:11 PM

    The redemption will be on September 12, 2025

    Read More
  • Minda Corporation signs joint venture agreement with Toyodenso Co.
    11th Jun 2025, 14:45 PM

    The partnership will provide end to end solutions including design, development, manufacturing and marketing of Automotive Switches

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.