Minda Corporation Ltd.
Snapshot View

135.95 -2.75 ▼-2.0%

02 August 2021, 04:00:00 P.M.
Volume: 55,117

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.minda.co.in
Financial Indicators
Market Cap 3,253.87 Cr.
Earnings per share (EPS) 2.21 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 61.63 Trailing Twelve Months Ending 2021-03
Industry PE 82.40 Trailing Twelve Months Ending 2021-03
Book Value / Share 47.86 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.84 Calculated using Price: 136.10
Dividend Yield 0.48 Period Ending 2021-03
No. of Shares Subscribed 23.91 Cr. 239,079,428 Shares
FaceValue 2
Company Profile

Minda Corporation is one of the largest suppliers of Electronic & Mechanical Security System to 2 wheelers, 3 wheelers and Off-road Vehicles.It is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System and Electronic Controllers for Electric Vehicles for Auto OEMs across the Globe. The company exports about 20% of its products to USA, UK, Europe & South East Asia and ASEAN countries.

It is the only company in India to have its own patented Magnetic Shutters for 2 wheeler application. To enhance the vehicle security, it manufactures Lock Sets with conventional keys, 2 Track Keys, 4 Track Keys & Snake Biting Keys for 2 Wheeler Applications.

The company designs & manufactures: Immobilizers, Answerback / Vehicle Locator Detection unit, Low cost remote based immobiliser & Smart Key security system for 2 wheeled vehicle applications and also has patent for the Immobilizer application for vehicles operating with drained or no battery condition.

Business area of the comapnay:

The company supplies Electronic & Mechanical Security System to 2 wheelers, 3 wheelers and Off-road Vehicles.

Products:

  1. 2 & 3 Wheelers
    • Ignition Switch Cum Steering Lock
    • Fuel Tank Cap
    • Latches & Cable
    • Tool Box, Helmet Lock, Seat Lock
    • Electronics-VLDU, Antenna, Immobiliser, Card, Magnetic Module
    • Wiring Harness Solutions
  2.  Off-road Vehicle parts
  3. Aftermarket
    • Battery cables
    • Bearings
    • Break shoes
    • Chassie wirings, etc.

Awards and achievements:

  • ACMA for Excellence in Technology (2010 - Gold).
  • BAJAJ (Gold Award) 2011.
  • BAJAJ ( Platinum Award) 2012.
  • Yamaha Gold Award (in category of Development) 2012.
  • BAJAJ (TPM Excellence Award) 2013.
  • Yamaha (Silver Award) for Quality - 2013.
  • ACMA for Excellence in Technology (2013-Bronze).
  • Yamaha (Bronze Award) for Cost - 2014.
  • HMSI Excellent Performance for Delivery Targets 2014 - 15.
  • BAL “Q” Award (in category of Outstanding Quality Performance 2014.
  • Quality Circle Forum of India - Gold Award 2014.
  • Yamaha Global Award Excellence in Cost Innovation 2015.
  • ACMA for Certification of Membership 2015 - 16.
  • Suzuki Motors Vendor Performance Award for Special Cost Reduction support 2015-16.
  • Suzuki Motors Vendor Performance Award for New Development 2015-16.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.98%
1 Week
+1.80%
1 Month
+7.98%
3 Month
+34.40%
6 Month
+39.72%
1 Year
+103.52%
2 Year
+61.36%
5 Year
+19.52%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 1.67 23.42 20.51 22.12 19.80 19.05 14.63 -19.61 4.62
Return on Capital Employed (%) 7.91 13.74 15.75 17.67 15.33 16.55 15.50 -7.43 7.58
Return on Assets (%) 0.40 6.06 6.13 6.89 6.98 7.20 6.29 -8.90 2.10

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 346 389 467 567 622 741 1,195 975 1,147
Non Curr. Liab. 219 235 208 177 211 308 176 184 153
Curr. Liab. 702 688 723 962 715 1,002 1,071 1,168 1,029
Minority Int. 5 24 64
Equity & Liab. 1,273 1,312 1,422 1,771 1,548 2,051 2,442 2,327 2,328
Non Curr. Assets 557 582 635 764 764 923 993 801 842
Curr. Assets 716 730 786 1,007 784 1,129 1,449 1,526 1,486
Misc. Exp. not W/O
Total Assets 1,273 1,312 1,422 1,771 1,548 2,051 2,442 2,327 2,328

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 2,174 1,594 1,971 2,446 2,060 2,594 3,092 2,223 2,368
Other Income 36 30 23 17 41 16 36 43 33
Total Income 2,210 1,624 1,993 2,463 2,100 2,610 3,128 2,265 2,401
Total Expenditure -2,065 -1,468 -1,785 -2,218 -1,868 -2,318 -2,798 -1,975 -2,148
PBIDT 145 156 208 244 233 292 330 290 253
Interest -42 -28 -39 -37 -30 -40 -51 -41 -39
Depreciation -77 -48 -60 -74 -58 -74 -88 -87 -94
Taxation -17 -17 -27 -37 -29 -49 -67 -45 -31
Exceptional Items -3 15 2 14 18 -329 -41
PAT 5 78 84 110 116 130 141 -212 49

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 31 -18 304 226 48 70 209 450 86
Cash Fr. Inv. -69 -128 -51 -160 -170 -200 -402 -137 -174
Cash Fr. Finan. 11 133 -238 -29 67 122 203 -249 65
Net Change -28 -12 15 37 -54 -8 11 64 -24
Cash & Cash Eqvt 46 26 39 78 28 19 30 95 53

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.08 68.10 68.10 68.10 68.10 68.10 64.73 64.73 64.73
Public 31.92 31.89 31.89 31.90 31.89 31.90 35.28 35.27 35.28
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Clarification sought from Minda Corporation Ltd
The Exchange has sought clarification from Minda Corporation Ltd on August 2 2021 with reference to Movement in Volume.

The reply is awaited.
Mon, 02 Aug 2021
Increase In Volume
Increase in Volume
Thu, 15 Jul 2021
Shareholding for the Period Ended June 30 2021
Minda Corporation Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 02 Aug 2021
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Close Within 52 Week High Zone Close Within 52 Week High Zone
MFI Bearish MFI Bearish
William %R Trending Down William %R Trending Down
Fri, 30 Jul 2021
Higher Delivery Quantity Higher Delivery Quantity

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