Why is Minda Corporation Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.89 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 23.48% and Operating profit at 42.93%
3
Flat results in Sep 25
- INTEREST(Latest six months) At Rs 63.79 cr has Grown at 37.48%
4
With ROCE of 10.6, it has a Expensive valuation with a 4 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 16.70%, its profits have risen by 1.9% ; the PEG ratio of the company is 27.7
5
High Institutional Holdings at 27.24%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
6
Consistent Returns over the last 3 years
- Along with generating 16.70% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Quality key factors
Factor
Value
Sales Growth (5y)
22.42%
EBIT Growth (5y)
42.49%
EBIT to Interest (avg)
6.40
Debt to EBITDA (avg)
1.78
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
1.65
Tax Ratio
30.34%
Dividend Payout Ratio
14.73%
Pledged Shares
0
Institutional Holding
27.52%
ROCE (avg)
13.72%
ROE (avg)
12.67%
Valuation Key Factors 
Factor
Value
P/E Ratio
41
Industry P/E
33
Price to Book Value
4.90
EV to EBIT
30.19
EV to EBITDA
19.94
EV to Capital Employed
3.47
EV to Sales
2.30
PEG Ratio
6.90
Dividend Yield
0.30%
ROCE (Latest)
10.64%
ROE (Latest)
10.94%
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Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
14What is working for the Company
NET SALES(Q)
Highest at Rs 1,560.29 cr
PBDIT(Q)
Highest at Rs 183.52 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 11.76%
PBT LESS OI(Q)
Highest at Rs 97.25 cr.
PAT(Q)
Highest at Rs 88.46 cr.
EPS(Q)
Highest at Rs 3.58
-3What is not working for the Company
INTEREST(9M)
At Rs 92.35 cr has Grown at 60.66%
Loading Valuation Snapshot...
Here's what is working for Minda Corp
Net Sales - Quarterly
Highest at Rs 1,560.29 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 183.52 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 11.76%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 97.25 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 97.25 cr has Grown at 29.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 75.04 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 88.46 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 88.46 cr has Grown at 32.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 66.70 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 3.58
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Minda Corp
Interest - Nine Monthly
At Rs 92.35 cr has Grown at 60.66%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)