MINDA CORPORATION LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 411 INR | -0.12% |
|
-0.56% | +6.42% |
| Apr. 19 | Uno Minda Gets Board Nod For INR10 Billion Bond Placement | MT |
| Apr. 15 | Uno Minda Raises INR1 Billion Via Commercial Papers | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 30,845 | 13,111 | 24,027 | 49,442 | 50,534 | 96,736 | - | - |
| Enterprise Value (EV) 1 | 30,845 | 13,111 | 23,038 | 50,021 | 51,535 | 91,360 | 90,211 | 88,118 |
| P/E ratio | 18.2 x | -6.43 x | 43.9 x | 25.8 x | 18.1 x | 43.1 x | 29.9 x | 23.2 x |
| Yield | 0.52% | 0.61% | 0.65% | 0.48% | 0.56% | 0.36% | 0.45% | 0.52% |
| Capitalization / Revenue | 1 x | 0.47 x | 1.01 x | 1.66 x | 1.18 x | 2.06 x | 1.78 x | 1.53 x |
| EV / Revenue | 1 x | 0.47 x | 0.97 x | 1.68 x | 1.2 x | 1.95 x | 1.66 x | 1.39 x |
| EV / EBITDA | 10.6 x | 5.25 x | 10.6 x | 17 x | 11.2 x | 17.5 x | 14.4 x | 11.6 x |
| EV / FCF | 34.5 x | 4.34 x | -46.6 x | 85.8 x | 37.7 x | 28.6 x | 89.3 x | 59.1 x |
| FCF Yield | 2.9% | 23% | -2.15% | 1.17% | 2.65% | 3.49% | 1.12% | 1.69% |
| Price to Book | 2.58 x | 1.34 x | 2.1 x | 3.72 x | 3.23 x | 4.78 x | 4.15 x | 3.54 x |
| Nbr of stocks (in thousands) | 227,222 | 227,222 | 239,079 | 239,079 | 234,876 | 235,052 | - | - |
| Reference price 2 | 135.8 | 57.70 | 100.5 | 206.8 | 215.2 | 411.6 | 411.6 | 411.6 |
| Announcement Date | 5/28/19 | 7/15/20 | 5/18/21 | 5/17/22 | 5/19/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 30,920 | 28,131 | 23,679 | 29,759 | 43,000 | 46,947 | 54,298 | 63,277 |
| EBITDA 1 | 2,924 | 2,499 | 2,170 | 2,946 | 4,610 | 5,216 | 6,283 | 7,628 |
| EBIT 1 | 2,041 | 1,320 | 1,234 | 1,825 | 3,234 | 3,476 | 4,284 | 5,458 |
| Operating Margin | 6.6% | 4.69% | 5.21% | 6.13% | 7.52% | 7.41% | 7.89% | 8.62% |
| Earnings before Tax (EBT) 1 | 2,360 | -1,544 | 1,247 | 2,085 | 2,985 | 3,087 | 4,237 | 5,529 |
| Net income 1 | 1,675 | -1,998 | 528 | 1,919 | 2,845 | 2,278 | 3,255 | 4,182 |
| Net margin | 5.42% | -7.1% | 2.23% | 6.45% | 6.62% | 4.85% | 6% | 6.61% |
| EPS 2 | 7.450 | -8.980 | 2.290 | 8.010 | 11.89 | 9.550 | 13.77 | 17.77 |
| Free Cash Flow 1 | 893 | 3,020 | -494.4 | 583.3 | 1,368 | 3,193 | 1,010 | 1,490 |
| FCF margin | 2.89% | 10.74% | -2.09% | 1.96% | 3.18% | 6.8% | 1.86% | 2.35% |
| FCF Conversion (EBITDA) | 30.55% | 120.83% | - | 19.8% | 29.67% | 61.21% | 16.08% | 19.53% |
| FCF Conversion (Net income) | 53.33% | - | - | 30.4% | 48.08% | 140.2% | 31.03% | 35.63% |
| Dividend per Share 2 | 0.7000 | 0.3500 | 0.6500 | 1.000 | 1.200 | 1.467 | 1.833 | 2.133 |
| Announcement Date | 5/28/19 | 7/15/20 | 5/18/21 | 5/17/22 | 5/19/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,398 | 7,941 | 5,586 | 7,312 | 7,383 | 9,478 | 10,102 | 11,471 | 10,683 | 10,745 | 12,388 | 12,285 | 12,117 |
| EBITDA 1 | 818.2 | 889.8 | 308.1 | 773 | 787.1 | 1,077 | 1,066 | 1,238 | 1,140 | 1,147 | 1,399 | 1,363 | 1,362 |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | - | 738.8 | 634.3 | - | - | - |
| Net income 1 | - | - | - | - | - | - | - | 578.1 | 522.6 | 452.1 | 633 | 613 | 607 |
| Net margin | - | - | - | - | - | - | - | 5.04% | 4.89% | 4.21% | 5.11% | 4.99% | 5.01% |
| EPS 2 | - | - | - | - | - | - | - | 2.420 | 2.190 | 1.890 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/3/21 | 5/18/21 | 8/12/21 | 11/2/21 | 2/4/22 | 5/17/22 | 8/5/22 | 11/5/22 | 2/8/23 | 8/3/23 | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 579 | 1,001 | - | - | - |
| Net Cash position 1 | - | - | 990 | - | - | 5,376 | 6,525 | 8,618 |
| Leverage (Debt/EBITDA) | - | - | - | 0.1965 x | 0.2171 x | - | - | - |
| Free Cash Flow 1 | 893 | 3,020 | -494 | 583 | 1,368 | 3,193 | 1,010 | 1,490 |
| ROE (net income / shareholders' equity) | 16.1% | 8.61% | 8.82% | 15.5% | 19.5% | 19.1% | 15.3% | 16.4% |
| ROA (Net income/ Total Assets) | - | - | - | 7.83% | - | - | - | - |
| Assets 1 | - | - | - | 24,508 | - | - | - | - |
| Book Value Per Share 2 | 52.60 | 43.10 | 48.00 | 55.60 | 66.50 | 86.10 | 99.20 | 116.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 1,201 | 1,484 | 1,350 | 1,085 | 2,507 | 2,718 | 3,164 | 3,164 |
| Capex / Sales | 3.88% | 5.27% | 5.7% | 3.65% | 5.83% | 5.79% | 5.83% | 5% |
| Announcement Date | 5/28/19 | 7/15/20 | 5/18/21 | 5/17/22 | 5/19/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
411.6
INR
Average target price
473
INR
Spread / Average Target
+14.93%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.42% | 1.16B | |
| +26.07% | 50.75B | |
| -13.30% | 21.21B | |
| +25.92% | 20.1B | |
| +33.27% | 17.42B | |
| -3.59% | 14.95B | |
| -15.44% | 13.88B | |
| -19.50% | 13.1B | |
| +33.81% | 12.18B | |
| +35.50% | 10.84B |
- Stock Market
- Equities
- MINDACORP Stock
- Financials Minda Corporation Limited
