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Minda Industries logo

MINDAIND - Minda Industries Share Price

₹510.4 -8.8  -1.7%

Last Trade - 13/04/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.35bn
Enterprise Value £1.45bn
Revenue £487.5m
Position in Universe 231st / 3106
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -0.12%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.6%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
22,321 25,273 36,654 45,483 59,081 54,651 53,774 72,760 +19.6%
+827 +100.7 +56.0 +87.0 -15.4 -45.9 +0.86 +133.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 December 2020, MindaIndustries Ltd revenues decreased 11% to RS36.84B. Netincome before extraordinary items decreased 50% to RS709M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Net income also reflects Depreciation and amortisationexpense increase of 9% to RS2.4B (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for MINDAIND
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Minda Industries Limited is a supplier of automotive solutions to original equipment manufacturers. The Company offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others. Its business divisions include Lighting Systems Division, Switch & Handle Bar Systems Division, Acoustics Systems Division, and Sensors Actuators and Controllers Division. It also has business divisions, which are engaged in production of batteries for two wheelers, fuel cap and compressed natural gas (CNG)/liquid petroleum gas (LPG) kits. It is also engaged in the business of blow molding components and aluminum die casting. Its product portfolio includes alloy wheel, and brake hoses and fuel hoses. It manufactures switching system and handle bar solutions for two/three-wheelers in India. It develops electronic products, including start stop sensors, electronic accelerator pedal module (EAPM) and head lamp leveling motors.

Directors
Last Annual March 31st, 2020
Last Interim December 31st, 2020
Incorporated September 16, 1992
Public Since August 24, 2004
No. of Shareholders: 51,089
No. of Employees: 3,895
Sector Consumer Cyclicals
Industry Automobiles & Auto Parts
Index
Exchange National Stock Exchange of India
Shares in Issue 271,928,704
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MINDAIND Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
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Range (12m)
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Latest News for MINDAIND
Upcoming Events for MINDAIND
Friday 17th September, 2021 Estimate
Minda Industries Ltd Annual Shareholders Meeting
Frequently Asked Questions for Minda Industries
What is the Minda Industries share price?

As of 13/04/21, shares in Minda Industries are trading at ₹510.4, giving the company a market capitalisation of £1.35bn. This share price information is delayed by 15 minutes.

How has the Minda Industries share price performed this year?

Shares in Minda Industries are currently trading at ₹510.4 and the price has moved by 0.108k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Minda Industries price has moved by 30.53% over the past year.

What are the analyst and broker recommendations for Minda Industries?

Of the analysts with advisory recommendations for Minda Industries, there are there are currently 6 "buy" , 1 "hold" and 1 "sell" recommendations. The overall consensus recommendation for Minda Industries is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Minda Industries next release its financial results?

Minda Industries is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Minda Industries dividend yield?

The Minda Industries dividend yield is 0.15% based on the trailing twelve month period.

Does Minda Industries pay a dividend?

Last year, Minda Industries paid a total dividend of 0.75, and it currently has a trailing dividend yield of 0.15%. Looking ahead, Minda Industries has not announced an ex-dividend date yet.

When does Minda Industries next pay dividends?

Minda Industries has yet to annouce their ex-dividend date. The historic dividend yield on Minda Industries shares is currently 0.15%.

How do I buy Minda Industries shares?

To buy shares in Minda Industries you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Minda Industries?

Shares in Minda Industries are currently trading at ₹510.4, giving the company a market capitalisation of £1.35bn.

Where are Minda Industries shares listed? Where are Minda Industries shares listed?

Here are the trading details for Minda Industries:

Country of listing: India
Exchange: NSI
Ticker Symbol: MINDAIND
What kind of share is Minda Industries?

Based on an overall assessment of its quality, value and momentum, Minda Industries is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Minda Industries share price forecast 2021?

Shares in Minda Industries are currently priced at ₹510.4. At that level they are trading at 11.49% discount to the analyst consensus target price of 0.00.

Analysts covering Minda Industries currently have a consensus Earnings Per Share (EPS) forecast of 5.906 for the next financial year.

How can I tell whether the Minda Industries share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Minda Industries. Over the past six months, the relative strength of its shares against the market has been 25.97%. At the current price of ₹510.4, shares in Minda Industries are trading at 28.59% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Minda Industries PE Ratio?

The Minda Industries PE ratio based on its reported earnings over the past 12 months is 0.165k. The shares are currently trading at ₹510.4.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Minda Industries?

Minda Industries's management team is headed by:

Nirmal Minda - CHM
Satish Sekhri - NID
Anand Minda - NED
Tarun Srivastava - CCO
Sunil Bohra - CFO
Pravin Tripathi - NID
Paridhi Minda - EDR
Chandan Chowdhury - NID
Krishan Jalan - IND
Ravi Mehra - MDR
Who are the major shareholders of Minda Industries?

Here are the top five shareholders of Minda Industries based on the size of their shareholding:

Minda (Nirmal Kumar) Individual Investor
Percentage owned: 24.66% (67.1m shares)
Minda Investments, Ltd. Corporation
Percentage owned: 24.62% (66.9m shares)
Minda (Suman) Individual Investor
Percentage owned: 14.71% (40.0m shares)
Matthews International Capital Management, L.L.C. Investment Advisor
Percentage owned: 5.47% (14.9m shares)
Matthews Asia Dividend Fund Mutual Fund
Percentage owned: 5.01% (13.6m shares)
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