Minda Corporation Ltd

NSE :MINDACORP   BSE :538962  Sector : Auto Ancillaries
Buy, Sell or Hold MINDACORP? Ask The Analyst

BSE

prev close

OPEN PRICE

bid price (qty)

offer price (qty)

volume

Today's low / high

52 WK low / high

NSE

prev close

open price

bid price (qty)

offer price (qty)

volume

Today's' low / high

52 WK low / high

18 May
430.75
(1.15%)
17 May
425.85
(1.21%)
16 May
420.75
(0.60%)
15 May
418.25
(-2.21%)
14 May
427.70
(3.40%)
13 May
413.65
(-0.16%)
10 May
414.30
(1.98%)
09 May
406.25
(0.32%)
08 May
404.95
(0.46%)
07 May
403.10
(-1.15%)
06 May
407.80
(-0.79%)
03 May
411.05
(-0.12%)
02 May
411.55
(0.86%)
30 Apr
408.05
(-0.77%)
29 Apr
411.20
(0.50%)
26 Apr
409.15
(-0.21%)
25 Apr
410.00
(-1.07%)
24 Apr
414.45
(0.27%)
23 Apr
413.35
(2.20%)
22 Apr
404.45
(-0.14%)
19 Apr
405.00
(0.35%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Very Bullish
Medium Term Investors

Very Bullish
Long Term Investors

Very Bullish

Moving Averages

5 DMA
Bullish

424.39

10 DMA
Bullish

416.21

20 DMA
Bullish

412.85

50 DMA
Bullish

409.88

100 DMA
Bullish

406.64

200 DMA
Bullish

372.38


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 18, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 444.86 438.68 433.54 - -
R2 438.68 434.8 432.61 439.24 -
R1 434.71 432.41 431.68 435.83 436.7
P 428.53 428.53 428.53 429.09 429.53
S1 424.56 424.65 429.82 425.68 426.55
S2 418.38 422.26 428.89 418.94 -
S3 414.41 418.38 427.96 - -

Key Metrics

EPS

10.99

P/E

39.16

P/B

6.24

Dividend Yield

0.28%

Market Cap

10,298 Cr.

Face Value

2

Book Value

69.01

ROE

20.22%

EBITDA Growth

130.85 Cr.

Debt/Equity

0.42

Shareholding Pattern

  64.84% Total Promoter Holding
16.88% Mutual Fund Holdings
5.06% FIIs
7.9% Non Institution
3.6% Insurance Companies
1.59% Custodians
0.13% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Minda Corporation Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 1072.99 1076.94 1076.44 1197.87 1167.79
PROFIT 52.26 121.94 45.21 58.77 52.49
EPS 2.22 5.19 1.92 2.5 2.23

Minda Corporation Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 872.61 913.96 882.28 992.28 970.91
PROFIT 40.78 135.78 34.84 47.77 44.32
EPS 1.71 4.63 1.46 2 1.85

Profit & Loss (Figures in Rs. Crores)


Minda Corporation Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 1631.55 2007.9 2491.4 2197.4 2698.4 3161.8 2298.4 2427.1 3019 4341.3
PROFIT 68.67 89.25 98.9 91.39 144.19 157.51 -198.76 93.5 167.41 284.68
EPS 3.83 3.96 5.19 4.8 6.86 7.47 -8.8 2.05 7.72 12.32

Minda Corporation Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 625.99 651.71 710.8 784.8 1995.9 2458.6 2197.9 2344.9 2769.6 3557.8
PROFIT 23.88 36.31 48.34 53.21 103.92 158.24 175 83.7 159.98 265.9
EPS 1.03 1.59 2.13 2.51 4.9 7.07 -10.62 3.5 6.7 10.07

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 52.552.552.550.15046.341.660.860.6639.46
Reserves Total 1,539.11,278.41,095925.81,145.1694.4580.5506.56405.9349.93
Equity Application Money-0.8-0.8-0.9-0.9000000
Total Shareholders Funds1,590.81,330.11,146.69751,195.1740.7622.1567.36466.56389.39
Minority Interest000000063.6824.150
Secured Loans 507.5375.6372.6481.5558.7625.7426.1384.22348.69269.11
Unsecured Loans 205.6130.4155.1138.6121.997.5123.1158.82153.15283.22
Total Debt713.1506527.7620.1680.6723.2549.2543.04501.84552.33
Other Liabilities42.935.82828.621.825.825.724.3921.1816.72
Total Liabilities2,346.81,871.91,702.31,623.71,897.51,489.71,1971,198.471,013.73958.44
APPLICATION OF FUNDS :
Gross Block 1,650.61,385.4940.5814.9952844.25911,352.241,032.26987.05
Less: Accumulated Depreciation624.9498.4327.8244.8220.4132.961.1633.57461.46460.26
Net Block1,025.7887612.7570.1731.6711.3529.9718.67570.8526.79
Capital Work in Progress85.232.517.828.42116.174.213.1315.3215.02
Investments 451.364.2180.5176.1165139.3125.75.2128.9124.52
Inventories 573.3478.9395.9394.9446.4447.9306.4321.02230.77186.65
Sundry Debtors 640.9568.8442389.8546.4570.5374.1435.27317.62291.48
Cash and Bank Balance161.9333.4499.4472.435326.133.488.244.1154.02
Loans and Advances 207.3163.9148.9268.7103.584.270162.05193.89198.32
Total Current Assets1,583.41,5451,486.21,525.81,449.31,128.7783.91,006.55786.38730.48
Current Liabilities 848.3662.8599.9606.4511.1540.3333.3518.27377.72329.82
Provisions 1419.924.293.62519.115.742.7424.4315.33
Total Current Liabilities & Provisions862.3682.7624.1700536.1559.4349561.01402.15345.15
Net Current Assets721.1862.3862.1825.8913.2569.3434.9445.54384.23385.33
Deferred Tax Assets22.54.81.71.721.687.310.326.795.73
Deferred Tax Liability15.217.33.44.83010.19.221.5912.4914.32
Net Deferred Tax7.3-12.5-1.7-3.1-8.4-2.1-1.9-11.27-5.7-8.59
Other Assets56.238.430.926.475.155.834.227.1920.1715.38
Total Assets2,346.81,871.91,702.31,623.71,897.51,489.71,1971,198.471,013.73958.44
Contingent Liabilities48.955.522.25.78.263.769.915.2524.2119.05
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 52.552.552.550.150.146.641.960.860.839.6
Reserves Total 1,331.61,120.3974.2816.21,087.1641.8372.2304.56270.68267.25
Total Shareholders Funds1,384.11,172.81,026.7866.31,137.2688.4414.1365.36331.48306.85
Secured Loans 507.5375.5337.6283.5288.4300.1144.957.6343.2977.98
Unsecured Loans 216.4111.7190.1104.8105.5112.2158.2415.5613.83
Total Debt723.9487.2527.7388.3393.9412.3159.965.8758.8591.81
Other Liabilities37.130.324.525.919.223.67.66.188.336.16
Total Liabilities2,145.11,690.31,578.91,280.51,550.31,124.3581.6437.41398.66404.82
APPLICATION OF FUNDS :
Gross Block 1,268.71,031.1876.3752.6587.7498.6178.5232.64215.51234.28
Less : Accumulated Depreciation 483.1384.6301.6220.5142.684.819103.6891.6295.58
Net Block 785.6646.5574.7532.1445.1413.8159.5128.96123.89138.7
Capital Work in Progress71.218.117.527.514.611.320.86.94.173.57
Investments 703.5326.6150.5149.9352.5310.4293200.48185.48176.34
Inventories 457.1392.7375.1322.6253.3194.143.338.8134.7640.11
Sundry Debtors 477.9450.6427.5327447.8421.9144.5112.66104.86121.04
Cash and Bank Balance84.9216.4462.1394.83229.70.747.749.3423.92
Loans and Advances 194.1137.314567.59697.328.815.1221.1616.15
Total Current Assets1,2141,1971,409.71,111.91,119.1723217.3214.32170.12201.23
Current Liabilities 692.7535.8598.8573.3401.1354.5129.6105.7679.32111.6
Provisions 5.712.919.77.714.715.89.713.5910.167.33
Total Current Liabilities & Provisions698.4548.7618.5581415.8370.3139.3119.3589.47118.93
Net Current Assets515.6648.3791.2530.9703.3352.77894.9780.6582.3
Deferred Tax Assets29.615.311118.91702.623.222.43
Deferred Tax Liability13.513.914.415.825.222.41.26.626.757.66
Net Deferred Tax16.11.4-3.4-4.8-16.3-5.4-1.2-4-3.53-5.23
Other Assets53.149.448.444.951.141.531.510.118.019.14
Total Assets2,145.11,690.31,578.91,280.51,550.31,124.3581.6437.42398.66404.81
Contingent Liabilities30.53011.42.81.9466.7579.6408.87455.12205.93

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...288.6
Depreciation138.1
Interest (Net)27.2
P/L on Sales of Assets0.3
Prov. and W/O (Net)0.4
P/L in Forex-2.9
Total Adjustments (PBT and Ext...177.7
Operating Profit before Workin...466.3
Trade and 0ther Receivables-70.1
Inventories-93.7
Trade Payables158.9
Total Adjustments (OP before W...-44.2
Cash Generated from/(used in) ...422.1
Direct Taxes Paid-34.7
Total Adjustments(Cash Generat...-34.7
Cash Flow before Extraordinary...387.4
Net Cash from Operating Activi...387.4
Purchased of Fixed Assets-250.7
Sale of Fixed Assets1.9
Purchase of Investments-405.7
Interest Received14.7
Net Cash used in Investing Act...-424.6
Proceed from 0ther Long Term B...150
Proceed from Short Tem Borrowi...56.3
Of the Long Tem Borrowings-45.1
Of Financial Liabilities-34.6
Dividend Paid-26.3
Interest Paid-26
Net Cash used in Financing Act...74.3
Net Profit before Tax and Extr...225
Depreciation110
Interest (Net)29
Dividend Received30.2
P/L on Sales of Assets0.4
Prov. and W/O (Net)25.7
P/L in Forex-0.1
Total Adjustments (PBT and Ext...137.8
Operating Profit before Workin...362.8
Trade and 0ther Receivables-26.3
Inventories-64.5
Trade Payables126.3
Total Adjustments (OP before W...23.2
Cash Generated from/(used in) ...386
Direct Taxes Paid-11.2
Total Adjustments(Cash Generat...-11.2
Cash Flow before Extraordinary...374.8
Net Cash from Operating Activi...374.8
Purchased of Fixed Assets-230.2
Sale of Fixed Assets1.7
Purchase of Investments-405.7
Interest Received11.7
Invest.In Subsidiaires-5
Net Cash used in Investing Act...-452.2
Proceed from 0ther Long Term B...180.3
Proceed from Short Tem Borrowi...56.2
Of the Long Tem Borrowings-45.1
Of Financial Liabilities-30.9
Dividend Paid-26.3
Interest Paid-26
Net Cash used in Financing Act...108.2

Company Details

Registered Office
AddressA-15 Ashok Vihar,
Phase - 1
CityNew Delhi
StateDelhi
Pin Code110052
Tel. No.91-011-27213326/91-0124-4698400-427
Fax. No.91-0124-4698450
Emailpmann@mindacorporation.com
Internethttp://www.sparkminda.com
Registrars
AddressA-15 Ashok Vihar
CityNew Delhi
StateDelhi
Pin Code110052
Tel. No.91-011-27213326/91-0124-4698400-427
Fax. No.91-0124-4698450
Emailpmann@mindacorporation.com
Internethttp://www.sparkminda.com
Management
Name Designation
Ashok MindaChairman & Group CEO
A P GandhiIndependent Director
Rakesh ChopraIndependent Director
Ashok Kumar JhaIndependent Director
Pratima RamIndependent Director
PARDEEP MANNCompany Sec. & Compli. Officer
Aakash MindaExecutive Director
Naresh Kumar ModiExecutive Director
Ravi SudAdditional Director