Minda Industries Limited Share Price and Company Fundamentals



Price
₹955.95
Change
-14.400 (-1.484%)
52 week
629.15 - 1257.4

Last traded: Today at 4:57 AM

Minda Industries Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components in India and internationally. It provides auto electrical parts, including switches, horns, and lighting products. The company's products include switching systems and handle bar solutions for two/three-wheelers and off-road vehicles; sensors, actuators, and controllers, including start-stop sensors, contact and non-contact type speed sensors, HID ballasts, tire pressure monitoring systems, electronic accelerator pedal modules, and DC-DC converters; and lights for two, three, and four-wheelers, as well as off-road vehicles. It also provides automotive horns for two/four-wheelers, and off-road and commercial vehicles; trumpet and disc horns; alloy wheels; fuel caps; and LPG/CNG kits. In addition, the company offers batteries; lamps; general aluminum castings; 2W and 4W switches; HVAC products; wheel covers; car infotainment systems; air filters and canisters; spoilers; EA pads; air ducts; washer bottles; reverse parking sensors and ADAS products; speakers; air bags; steering wheels; body sealing products; hoses; blow moldings; telematics and connected car solutions; alternate fuel systems; cigarette lighter and socket assemblies; seat belts; shifters; and cameras. It sells its products to original equipment manufacturers. The company was founded in 1958 and is based in Gurugram, India.

Key Metrics

PE ratio

76.16

PB ratio

7.97

Dividend yield

0.15%

Beta

0.79

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Websitehttps://www.unominda.com
Mailing addressVillage Nawada Fatehpur PO Sikanderpur, Badda IMT Manesar Gurugram 122004 India
Phone / Fax91 12 4229 0427 / 91 12 4229 0676

Dividends

Dividend yield

0.15%

Dividend amount

₹1.50

Payout ratio

7.94%

5Y Avg. yield

0.28%

Minda Industries Limited paid ₹1.50 dividend and the ex-dividend date was 07 July 2022.The dividend payout ratio is 7.94%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MINDAIND 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.

MINDAIND's forward dividend amount is ₹2 and the forward dividend yield is 0.21%. 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 Industries Limited.

NameTitleAgeTotal Pay
Mr. Nirmal Kumar MindaNon-Independent Chairman & MD6477.3M
Mr. Sunil Bohra C.A.Group CFO & Group Chief Strategy Officer45
Mr. Tarun Kumar SrivastavaCompliance Officer & Company Sec.
Ms. Paridhi Minda JindalWhole Time Director5.3M
Mr. Tripurari KumarGen. Mang. of Corp. Fin., M&A, Strategy and IR
Mr. Amit JainChief Technology Officer
Mr. Naveesh GargGroup Chief Marketing Officer & Chief Procurement Officer
Mr. Rajiv KapoorGroup Chief Human Resource Officer
Mr. Ravi Mehra ACS, FCAGroup Deputy MD, CEO of Elec, Control Sys, Safety & Comfort Sys Domain and Add Whole-time Director60
Mr. Vivek JindalDeputy CEO of Lighting & Acoustics Systems Domain45

Profitability and management effectiveness

Profit margin

4.28%

Operating margin

5.94%

Return on assets

4.82%

Return on equity

13.04%

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 Industries Limited is and its enterprise value is .

The MINDAIND's stocks Beta value is 0.79 making it 21% 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 Industries Limited (NSE:MINDAIND) Frequently Asked Questions

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

Minda Industries Limited trades on NSE under the ticker symbol "MINDAIND".

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

One share of MINDAIND stock can currently be purchased for approximately ₹955.95.

3. How can I contact Minda Industries Limited?

Minda Industries Limited's mailing address is Village Nawada Fatehpur PO Sikanderpur, Badda IMT Manesar Gurugram 122004 India. The company can be reached via phone at 91 12 4229 0427.

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

The official website of Minda Industries Limited is https://www.unominda.com.