Minda Corporation Ltd.
NSE: MINDACORPMinda Corporation Ltd.: A 30-second snapshot
Minda Corporation (MINDACORP) is an Auto-sector component manufacturer trading at 515.70, below both its 50-DMA (520.82) and 200-DMA (548.17), with a trailing PE of 42.80 which is the highest among its 6 NSE Auto peers. Five-year revenue and earnings CAGRs of 24.6% and 32.1% respectively reflect strong growth, though debt-to-equity of 62.97 and a rising debt trend stand alongside a quality score of 44 that ranks 5th of 6 in its peer group.
P/E
42.8
Forward P/E
28.8
ROE
—
Debt / Equity
62.97
Profit Margin
+5.0%
Div. Yield
+0.3%
5Y ROE > 15%
1/5
5Y FCF > 0
4/5
Quality
45/100
Recent context
- ·No news articles were captured in this run; the sentiment signal for MINDACORP is absent and recent event-driven context cannot be assessed from available data.
- ·The 3-month price decline of 13.28% and the position below both key moving averages suggest the stock experienced a de-rating event or sustained selling pressure within the current year, even as the 1-year return remains marginally positive at +7.12%.
- ·Analyst count stands at 7 with no consensus rating available in this run; coverage exists but the aggregated view is not reflected in the current dataset.
Strengths
- +5-year revenue CAGR of 24.6% and earnings CAGR of 32.1% place MINDACORP among the faster-growing names in the Auto components space over the period.
- +FCF was positive in 4 of the last 5 available years, indicating the business has generally converted earnings into cash even as leverage has risen.
- +Forward PE of 28.82 versus trailing PE of 42.80 implies market expectations of meaningful earnings growth in the near term, compressing the multiple on a forward basis.
- +Profit margin of 4.96%, while modest in absolute terms, is structurally common in the capital-intensive Auto components sub-sector.
Weaknesses
- −Debt-to-equity of 62.97 with a rising debt trend is materially elevated relative to Auto sector norms, increasing sensitivity to interest rate changes and refinancing risk.
- −Quality score of 44 ranks 5th of 6 Auto peers, and ROE history shows only 1 year above 15%, capital efficiency has not been a consistent strength.
- −PE of 42.80 is the highest among 6 tracked peers (range 21.1 to 36.9), placing MINDACORP at a valuation premium relative to its sector without a correspondingly top-tier quality or ROE profile.
- −Price is down 13.28% over 3 months and 16.73% from the 52-week high, trading below both the 50-DMA and 200-DMA, indicating a weak near-term price trend.
Open questions
- ?Does the D/E ratio of 62.97 reflect structural leverage embedded in the business model (e.g. working capital financing, lease-heavy operations) or does it indicate incremental debt taken on to fund capacity expansion, and how does management plan to service it?
- ?Is the 5-year earnings CAGR of 32.1% driven primarily by operating leverage on a fixed-cost base, or does it reflect cyclical Auto-sector tailwinds that may moderate as the cycle matures?
- ?Given that MINDACORP trades at the highest PE in its peer group despite ranking 5th on quality score, what specific growth or competitive differentiators, if any, justify the relative valuation premium?
- ?How has MINDACORP performed through prior Auto-sector downturns (2019 to 2020), and does the FCF track record hold across full cycles including periods of weak vehicle demand?
Peer comparison: Auto
Ranks 5 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| MINDACORP | Minda Corporation Ltd.You're viewing | 42.8 | — | 44 |
| Industry avg | across 5 peers | 29.1 | +20.4% | 49 |
| EICHERMOT | Eicher Motors Ltd. | 36.9 | — | 60 |
| BAJAJ-AUTO | Bajaj Auto Ltd. | 27.4 | +28.1% | 55 |
| M&M | Mahindra & Mahindra Ltd. | 21.1 | +18.8% | 52 |
| TMPV | Tata Motors Passenger Vehicles Ltd. | 31.9 | — | 46 |
| MARUTI | Maruti Suzuki India Ltd. | 28.5 | +14.4% | 31 |
Technical state
Current price
₹515.70
SMA 50
₹520.82
SMA 200
₹548.17
RSI (14)
45.4 (neutral)
From 52w high
-16.7%
1Y return
+7.1%
3M return
-13.3%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 62.97 is substantially above the Auto sector norm; combined with a rising debt trend, this elevates financial leverage risk relative to peers whose balance sheets are less encumbered.
- highROE data is unavailable; the one year in which ROE exceeded 15% (out of available history) and a FCF-positive record of 4 of 5 years suggests capital efficiency has been inconsistent, insufficient to confirm a sustained returns-on-capital franchise.
- mediumPrice (515.70) is below both the 50-DMA (520.82) and 200-DMA (548.17), down 13.28% over 3 months and 16.73% from the 52-week high; the stock has been in a declining phase relative to its own moving averages.
- mediumQuality score of 44 ranks 5th of 6 Auto peers; PE of 42.80 ranks last (most expensive) of 6 peers versus a peer range of 21.1 to 36.9, suggesting a relative valuation premium without a correspondingly superior quality ranking.
- lowNews section returned 0 articles; no recent sentiment signal is available, leaving the near-term news-driven context blank.
Cross-section contradictions
- 5-year revenue CAGR of 24.6% and earnings CAGR of 32.1% indicate strong top- and bottom-line compounding, yet the stock ranks last on PE among peers and 5th on quality score, the high-growth narrative has not translated into a premium quality standing or relative sector outperformance.
- Price has declined 13.28% over 3 months and sits below both moving averages, while the 1-year price change is +7.12%, suggesting a meaningful derating occurred within the year despite the still-positive annual return.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 12 May 2026 · rotates through NIFTY 500 every ~5 days