MINDACORP

Auto Ancillary

₹215.75

0.00 (0.00%)

Market Cap	5,161 Cr		EPS	8.6		High	217.8
Stock P/E	25.1		Net Profit Margin	5.5		Low	207.8

The current prices are delayed, login to your account to see live prices.

Minda Corporation Price chart

NSE: Minda Corporation

Performance

Today’s Low

Today’s High

207.8

217.8

52W Low

52W High

163.5

287

Open Price	215.4	Volume	31
Prev. Close	213.15

Fundamentals

Market Cap	5,161 Cr	ROE	14.9%
P/E Ratio(TTM)	25.1	EPS(TTM)	9.9
P/B Ratio	4.1	Dividend Yield	0.5%
Industry P/E	49.2	Book Value	52.1
		Face Value	2.0

About the Company

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:

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
Off-road Vehicle parts
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.