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Minda Corporation (MINDACORP) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹167B

MC Minda Corporation MINDACORP · NSE
Price₹703.15
Fair Value₹311.38
Upside-55.7%
Quality64/100
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Evidence: High Range ₹180.97 – ₹499.26

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +12.3% over the past month.

Price vs Fair Value (12 months)

₹709.50 ₹457.49 Fair Value ₹311.38 Jul 2025 Jul 2026

12‑month range ₹457.49 – ₹709.50 · fair‑value band ₹180.97 – ₹499.26 · the ₹703.15 price screens above the ₹311.38 fair value. As of Jul 3, 2026.

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Analysis

Minda Corporation (MINDACORP) currently trades at ₹703.15, while our model-based Fair Value estimate is ₹311.38 — implying the stock looks roughly 55.7% overvalued today. We read business quality at 64/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Minda Corporation generated revenue of ₹61.9B at a net margin of 5.8%. Revenue grew 29.0% year over year. It earns a return on equity of 14.7%. Net debt stands at ₹13.2B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹61.9B
Revenue growth (YoY) +29.0%
Net margin 5.8%
Return on equity 14.7%
Free cash flow ₹1.8B FY2026
P/E ratio 47.1
More key figures
Operating margin 8.5%
EPS (TTM) ₹15.04
Dividend yield 0.2%
EPS growth (YoY) +139%
Net debt ₹13.2B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Minda Corporation Limited manufactures and sells automobile components and parts in India, rest of Asia, America, Europe, and Africa. The company offers mechatronic products, such as ignition switch cum steering locks, smart key systems and keyless entry, access systems, mechatronics handles, immobiliser fuel tank caps, aluminium and zinc die casting components, flush outer door handles, knob type smart lock systems, starter motors, and alternators; information and connected systems, including wiring harness, connectors, cockpit, fully digital clusters, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. It also provides plastic and interior products comprising air vent rears, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, battery trays, and light weight solutions; and aftermarket products that comprise locks, lubricants, filters, clutch plates, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Minda Corporation reported revenue of ₹61.9B in FY2026 versus ₹29.3B in FY2022, a compound +20.6%/yr. Reported net income was ₹3.6B in FY2026, compounding +17.1%/yr from FY2022.

Revenue +20.6%/yr
FY22 ₹29.3B
FY23 ₹42.3B
FY24 ₹45.8B
FY25 ₹49.6B
FY26 ₹61.9B
Net income +17.1%/yr
FY22 ₹1.9B
FY23 ₹2.8B
FY24 ₹2.3B
FY25 ₹2.6B
FY26 ₹3.6B

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Frequently asked questions

Is Minda Corporation (MINDACORP) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹311.38 versus a price of ₹703.15 — about −56% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MINDACORP?
Our model-based fair value for Minda Corporation is ₹311.38 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹703.15.
What is the quality score of MINDACORP?
Minda Corporation has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Minda Corporation (MINDACORP)?
Minda Corporation reported trailing-twelve-month revenue of about ₹61.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MINDACORP?
The net profit margin of Minda Corporation is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. Based on the latest reported figures.
Does Minda Corporation pay a dividend?
Minda Corporation currently shows a dividend yield of about 0.20% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.