Minda Corporation Limited Share Price and Company Fundamentals



Price
₹206.85
Change
-3.250 (-1.547%)
52 week
114.35 - 287.0

Last traded: Today at 10:00 AM

Minda Corporation Limited manufactures and sells automobile components and parts. It offers electronic and mechanical security systems, including ignition switch cum steering locks, smart key systems, mechatronic handles, and immobilizers systems; die casting components, such as aluminum high pressure die casting and compressor housing products; and starter motors and alternators. The company also provides information and connected systems comprising instrument clusters; wiring harnesses, steering roll connectors, and junction boxes; speed and exhaust gas temperature sensors; and various technology and IoT solutions. In addition, it offers plastics and interiors, which comprise side air vents, center consoles, console air vents, round louvers, center air vents, nozzle defrosters, door sashes, side air vents, oil pans, valve covers, and battery trays, as well as designs and develops related products; and aftermarket products, including filters, clutch plates, bearings, wiper blades, brake shoes, and cables. The company offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off roaders. It operates India, the rest of Asia, Europe, North America, and South America. 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.

Key Metrics

PE ratio

25.23

PB ratio

3.63

Dividend yield

0.48%

Beta

0.88

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Websitehttps://sparkminda.com
Mailing addressD-6-11, Sector-59 Gautam Budh Nagar Noida 201301 India
Phone / Fax91 12 0478 7100 / 91 12 0478 7200

Dividends

Dividend yield

0.48%

Dividend amount

₹1.00

Payout ratio

8.11%

5Y Avg. yield

0.54%

Minda Corporation Limited paid ₹1.00 dividend and the ex-dividend date was 21 July 2022.The dividend payout ratio is 8.11%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MINDACORP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MINDACORP's forward dividend amount is ₹1 and the forward dividend yield is 0.48%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Minda Corporation Limited.

NameTitleAgeTotal Pay
Mrs. Ashok MindaExec. Chairman & Group CEO6049.77M
Mr. Ashim VohraCOO & CEO of Die-Casting Division579.69M
Mr. Pardeep MannCompany Sec. & Compliance Officer3.81M
Mr. Aakash MindaExec. Director of Group Fin. & Strategy and CEO of Plastics & Interior326M
Mr. Naresh Kumar ModiExec. Director5518.32M
Mr. Vinod RahejaGroup CFO & Group Chief Risk Officer53
Mr. D. SureshGroup CTO & CEO of Spark Minda Technical Centre49
Mr. Bikash DugarLead of Investor Relations
Ms. Subhalaxmi DasGroup Head of Corp. Communication & Press Release
Mr. Neeraj MahajanGroup Chief Marketing Officer

Profitability and management effectiveness

Profit margin

6.45%

Operating margin

6.13%

Return on assets

4.66%

Return on equity

15.49%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Minda Corporation Limited is and its enterprise value is .

The MINDACORP's stocks Beta value is 0.88 making it 12% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Minda Corporation Limited (NSE:MINDACORP) Frequently Asked Questions

1. What is Minda Corporation Limited's Stock Symbol?

Minda Corporation Limited trades on NSE under the ticker symbol "MINDACORP".

2. What is Minda Corporation Limited's stock price today?

One share of MINDACORP stock can currently be purchased for approximately ₹206.85.

3. How can I contact Minda Corporation Limited?

Minda Corporation Limited's mailing address is D-6-11, Sector-59 Gautam Budh Nagar Noida 201301 India. The company can be reached via phone at 91 12 0478 7100.

4. What is Minda Corporation Limited's official website?

The official website of Minda Corporation Limited is https://sparkminda.com.