MINDA INDUSTRIES chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 285.75
Dividend & Yield1.00₹ (0.11%)
Beta 0.79
Market capitalization 268.45B
Operating cash flow N/A
ESG Scores unknown

Company description

Minda Industries Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components in India and internationally. It provides auto electrical parts, including switches, horns, and lighting products. The company's products include switching systems and handle bar solutions for two/three-wheelers and off-road vehicles; sensors, actuators, and controllers, including start-stop sensors, contact and non-contact type speed sensors, HID ballasts, tire pressure monitoring systems, electronic accelerator pedal modules, and DC-DC converters; and lights for two, three, and four-wheelers, as well as off-road vehicles. It also provides automotive horns for two/four-wheelers, and off-road and commercial vehicles; trumpet and disc horns; alloy wheels; fuel caps; and LPG/CNG kits. In addition, the company offers batteries; lamps; general aluminum castings; 2W and 4W switches; HVAC products; wheel covers; car infotainment systems; air filters and canisters; spoilers; EA pads; air ducts; washer bottles; reverse parking sensors and ADAS products; speakers; air bags; steering wheels; body sealing products; hoses; blow moldings; telematics and connected car solutions; alternate fuel systems; cigarette lighter and socket assemblies; seat belts; shifters; and cameras. It sells its products to original equipment manufacturers. The company was founded in 1958 and is based in Gurugram, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.66
Working Capital-1.9
Return On Equity0.09
Debt To Equity0.24
Fixed Asset Ratio0.09
Fixed Interest Cover4.75

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 1.98B -699.6M 1.34B 1.74B
Total Cashflows From Investing Activities -6.41B -8.25B -7.65B -3.61B
Net Borrowings 841.7M 4.57B 525.6M -1.46B
Total Cash From Financing Activities 461.5M 3.68B -673.7M -402.4M
Change To Operating Activities 36.2M 77.5M 436.3M -433.8M
Issuance Of Stock 117M 81.4M 2.51B 2.51B
Net Income 3.1B 2.86B 1.55B 2.07B
Change In Cash -2.32B -327.9M 1.58B -580.6M
Effect Of Exchange Rate 700k 8M 27.8M 4.4M
Total Cash From Operating Activities 3.62B 4.14B 9.65B 3.43B
Depreciation 1.62B 2.27B 2.92B 3.75B
Change To Account Receivables -2B -472.2M 2.17B -3.4B
Other Cashflows From Financing Activities -307.1M -617.5M -748.1M -1.26B
Change To Netincome -98.1M 1.17B 990.1M 1.12B
Capital Expenditures -5.17B -6.7B -5.57B -2.99B

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 4.29B 4.74B 2.65B 3.49B
Net Income 3.1B 2.86B 1.55B 2.07B
Selling General Administrative 6.24B 8.42B 8.84B 9.82B
Gross Profit 16.62B 22.25B 21.24B 24.54B
Ebit 3.74B 5.05B 3.56B 3.5B
Operating Income 3.74B 5.05B 3.56B 3.5B
Interest Expense -317.3M -569.2M -850.4M -736.5M
Income Tax Expense 976.9M 1.34B 775M 1.01B
Total Revenue 44.71B 59.08B 54.65B 63.74B
Cost Of Revenue 28.08B 36.83B 33.41B 39.19B
Total Other Income ExpenseNet 542.4M -314.8M -911.3M -7.2M
Net Income From Continuing Ops 3.31B 3.39B 1.88B 2.48B
Net Income Applicable To Common Shares 3.1B 2.86B 1.55B 2.07B

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 17.62B 22.6B 27.4B 34.14B
Total Stockholder Equity 13.92B 17.04B 18.16B 22.57B
Other Current Liabilities 958M 1.01B 1.61B 9.06B
Total Assets 33.65B 42.31B 48.39B 59.77B
Common Stock 174.1M 524.4M 524.4M 543.9M
Other Current Assets 1.36B 1.34B 1.5B 2.02B
Retained Earnings 8.39B 10.82B 11.94B 13.52B
Treasury Stock 1.64B 2.09B 2.09B 22.02B
Cash 1.26B 927.7M 2.51B 2.38B
Total Current Liabilities 13.67B 14.78B 16.56B 25.3B
Other Stockholder Equity 1.64B 2.09B 2.09B 22.02B
Property, Plant, and Equipment 13.91B 17.61B 21.16B 23.38B
Total Current Assets 15.27B 17.33B 17.97B 24.21B
Net Tangible Assets 12.22B 14.54B 13.79B 16.63B
Net Receivables 8.04B 9.17B 7.51B 12.02B
Accounts Payable 7.98B 7.98B 9.63B 12.9B


Insider Transactions

Here are the insider transactions of stock shares related to MINDA INDUSTRIES:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Minda (Amit)Gift at price 12.78 per share.D2022-03-25Promoter1.17M
Minda (Anand Kumar)Gift at price 12.78 per share.D2022-03-25Promoter1.17M
Ranjan (Rajiv)Acquisition at price 12.55 per share.D2022-02-21UNREPORTED8
Kaushik (Narender Kumar)Acquisition at price 12.76 per share.D2022-02-14UNREPORTED10
Ranjan (Rajiv)Acquisition at price 12.65 per share.D2022-02-14UNREPORTED7
Ranjan (Rajiv)Acquisition at price 14.11 per share.D2022-02-10UNREPORTED5
Kaushik (Narender Kumar)Acquisition at price 14.44 per share.D2022-02-07UNREPORTED10
Kher (Rakesh)Sale at price 16.63 per share.D2021-12-28UNREPORTED3k
Rao (Vallabhaneni Janardan)Sale at price 16.36 per share.D2021-12-28UNREPORTED9.95k
Srivastava (Amit)Sale at price 16.48 per share.D2021-12-28UNREPORTED500
Garg (Naveen)Sale at price 16.01 per share.D2021-12-27UNREPORTED17k
Rao (Vallabhaneni Janardan)Sale at price 16.21 per share.D2021-12-27UNREPORTED9.61k
Srivastava (Amit)Sale at price 16.07 per share.D2021-12-27UNREPORTED500
Garg (Naveen)Sale at price 15.95 per share.D2021-12-24UNREPORTED5k
Menon (Poothampillil Muralidharan)Sale at price 16.26 per share.D2021-12-23UNREPORTED3k
Belsare (Mrudula Rajendra)Acquisition at price 15.50 per share.D2021-12-22UNREPORTED6
Belsare (Rajendra Vilas)Acquisition at price 15.50 per share.D2021-12-22UNREPORTED12
Dutta (Arijit)Sale at price 13.36 per share.D2021-12-20UNREPORTED2k
Kher (Rakesh)Sale at price 13.45 per share.D2021-12-20UNREPORTED9.5k
Swaroop (Atul)Sale at price 13.87 per share.D2021-12-17UNREPORTED1k
Gandotra (Rajeev)Sale at price 13.45 per share.D2021-12-16UNREPORTED6k
Jain (Sudhir)Sale at price 13.51 per share.D2021-12-16Other Executive1k
Gandotra (Rajeev)Sale at price 13.08 per share.D2021-12-15UNREPORTED6k
Jain (Vikas)Sale at price 13.56 per share.D2021-12-15UNREPORTED1k
Gupta (Ravi Shankar)Sale at price 13.18 per share.D2021-12-13UNREPORTED10k
Jain (Sudhir)Sale at price 13.68 per share.D2021-12-13Other Executive6k
Jain (Vikas)Sale at price 13.64 per share.D2021-12-13UNREPORTED1.5k
Gupta (Ravi Shankar)Sale at price 11.31 per share.D2021-12-07UNREPORTED5k
Menon (Poothampillil Muralidharan)Sale at price 12.25 per share.D2021-12-02UNREPORTED2k
Swaroop (Atul)Sale at price 12.20 per share.D2021-12-02UNREPORTED2k
Jain (Sudhir)Sale at price 12.42 per share.D2021-11-22Other Executive4k
Jain (Sudhir)Sale at price 12.55 per share.D2021-11-17UNREPORTED2k
Jain (Sudhir)Sale at price 12.56 per share.D2021-11-17UNREPORTED4k
Jain (Vikas)Sale at price 12.99 per share.D2021-11-15UNREPORTED302
Kokil (Kokil)Sale at price 10.68 per share.D2021-11-03UNREPORTED94
Mishra (Laxmi Kant)Acquisition at price 10.86 per share.D2021-10-18UNREPORTED200
Gandotra (Rajeev)Sale at price 13.65 per share.D2021-10-16UNREPORTED6k
Gandotra (Rajeev)Sale at price 13.31 per share.D2021-10-15UNREPORTED12k
Dutta (Arijit)Sale at price 10.09 per share.D2021-09-27UNREPORTED500
Dutta (Arijit)Sale at price 10.09 per share.D2021-09-22UNREPORTED500
Dutta (Arijit)Sale at price 9.99 per share.D2021-09-21UNREPORTED1.5k
Minda (Nirmal Kumar)Gift at price 9.50 per share.D2021-09-13Executive Chairman1.17M
Minda (Paridhi)Gift at price 9.50 per share.D2021-09-13Additonal Director1.17M
Dutta (Arijit)Sale at price 9.67 per share.D2021-09-02UNREPORTED2k
Kher (Rakesh)Sale at price 9.88 per share.D2021-09-01UNREPORTED1k
Kher (Rakesh)Sale at price 9.86 per share.D2021-08-31UNREPORTED500
Dutta (Arijit)Sale at price 9.78 per share.D2021-08-26UNREPORTED5k
Rustagi (Rajesh)Acquisition at price 9.63 per share.D2021-08-06UNREPORTED608
Minda (Amit)Sale at price 8.69 per share.D2021-06-30UNREPORTED11.11k
Minda (Anand Kumar)Sale at price 8.70 per share.D2021-06-30UNREPORTED3.5k
Minda (Nirmal Kumar)Other at price 8.97 per share.D2021-06-28Executive Chairman480k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MINDA INDUSTRIES. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MINDA INDUSTRIES

Here is the result of two systematic investment strategies applied to MINDA INDUSTRIES. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MINDA INDUSTRIES

The following chart shows the equity curve of the two systematic investment strategies applied to MINDA INDUSTRIES:

MINDA INDUSTRIES automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 85.48% on the backtest period.

Performance at glance

Performance

85.48 %

Latent gain

4035.8 ₹

Invested capital

4721.2 ₹

Annualized return

20.26 %
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Momentum strategy results on MINDA INDUSTRIES

This is the result of two momentum investment strategies applied to MINDA INDUSTRIES. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MINDA INDUSTRIES

The following chart shows all the entries opened by the momentum investment system on MINDA INDUSTRIES:

MINDA INDUSTRIES momentum entries
  • The first momentum investment strategy would give 118.59% of return on MINDA INDUSTRIES. That represents 9501.8₹ of latent gain with 8012.2₹ of employed capital.
  • The second momentum investment strategy would give 157.63% of return on MINDA INDUSTRIES. That represents 4286.4₹ of latent gain with 2719.2₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

118.59 %

Latent gain

9501.8 ₹

Invested capital

8012.2 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

157.63 %

Latent gain

4286.4 ₹

Invested capital

2719.2 ₹

Annualized return

42.15 %

Momentum equity curve on MINDA INDUSTRIES

The following chart shows the equity curve of the two momentum strategies applied to MINDA INDUSTRIES:

MINDA INDUSTRIES momentum equity

Note: the dividends potentially given by MINDA INDUSTRIES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MINDA INDUSTRIES

The following chart shows the employed capital evolution of the two momentum strategies on MINDA INDUSTRIES since the beginning:

MINDA INDUSTRIES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on MINDA INDUSTRIES

Buy the dip entry openings on MINDA INDUSTRIES

MINDA INDUSTRIES

The performance achieved by the robo-advisor on MINDA INDUSTRIES is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows MINDA INDUSTRIES stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MINDA INDUSTRIES, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to MINDA INDUSTRIES

The following chart shows the result of the investment strategy applied to MINDA INDUSTRIES:

MINDA INDUSTRIES

Note: the dividends potentially given by MINDA INDUSTRIES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MINDA INDUSTRIES

The following chart shows the employed capital evolution since the beginning of the investment strategy on MINDA INDUSTRIES:

MINDA INDUSTRIES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MINDA INDUSTRIES

In this section, I will compare the three previous investment strategies applied to MINDA INDUSTRIES.

Equity curve comparison on MINDA INDUSTRIES

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MINDA INDUSTRIES investment strategy comparison

Employed capital comparison on MINDA INDUSTRIES

MINDA INDUSTRIES investment comparison

Performance comparison on MINDA INDUSTRIES

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 85.48% 4035.8₹ 4721.2₹ 20.26%
Momentum 1 quarter 118.59% 9501.8₹ 8012.2₹ 29.8%
Momentum 2 quarters 157.63% 4286.4₹ 2719.2₹ 42.15%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

20.26 %

Momentum 1Q

42.15 %

Momentum 2Q

42.15 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MINDA INDUSTRIES:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MINDA INDUSTRIES and the other stocks. There may be false positives or some missing correlated stocks. If the price of MINDA INDUSTRIES does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MINDA INDUSTRIES
Country India
City Gurugram
Address Village Nawada Fatehpur
Phone 91 12 4229 0427
Website www.unominda.com
FullTime employees 23000
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker MINDAIND.XNSE
Market

MINDA INDUSTRIES ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown