Uno Minda Ltd
Minda Industries Limited, the flagship company of the N.K. Minda Group is one of the most diversified auto component manufacturers in India. It is a technology leader in the auto components industry and a leading tier-1 supplier of proprietary automotive solutions to OEMs. The Group is headquartered in Manesar, Haryana. It has engineering, research, and development centers in Manesar, Pune & Sonepat. [1]
- Market Cap ₹ 31,900 Cr.
- Current Price ₹ 557
- High / Low ₹ 605 / 418
- Stock P/E 74.1
- Book Value ₹ 54.4
- Dividend Yield 0.22 %
- ROCE 15.9 %
- ROE 14.9 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.5%
Cons
- Stock is trading at 10.4 times its book value
- Company has a low return on equity of 11.6% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,105 | 1,056 | 1,108 | 1,376 | 1,469 | 1,639 | 1,857 | 3,493 | 3,525 | 3,701 | 4,960 | 6,658 | |
1,080 | 977 | 1,032 | 1,262 | 1,329 | 1,484 | 1,669 | 3,160 | 3,229 | 3,361 | 4,528 | 6,023 | |
Operating Profit | 25 | 79 | 76 | 114 | 139 | 155 | 188 | 333 | 296 | 339 | 432 | 635 |
OPM % | 2% | 8% | 7% | 8% | 10% | 9% | 10% | 10% | 8% | 9% | 9% | 10% |
65 | 16 | 14 | 23 | 22 | 28 | 44 | 50 | 21 | 45 | 55 | 112 | |
Interest | 18 | 16 | 15 | 13 | 10 | 14 | 7 | 30 | 49 | 39 | 34 | 33 |
Depreciation | 38 | 41 | 42 | 54 | 53 | 51 | 53 | 102 | 156 | 178 | 191 | 199 |
Profit before tax | 33 | 39 | 34 | 70 | 99 | 118 | 173 | 252 | 112 | 167 | 262 | 515 |
Tax % | 0% | 21% | 19% | 24% | 20% | 21% | 23% | 25% | 21% | 29% | 25% | 17% |
Net Profit | 33 | 30 | 27 | 53 | 79 | 94 | 133 | 188 | 89 | 119 | 196 | 427 |
EPS in Rs | 0.68 | 0.61 | 0.55 | 1.08 | 1.61 | 1.90 | 2.45 | 3.45 | 1.64 | 2.19 | 3.43 | 7.45 |
Dividend Payout % | 14% | 16% | 18% | 18% | 14% | 19% | 18% | 15% | 12% | 19% | 22% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 29% |
3 Years: | 24% |
TTM: | 34% |
Compounded Profit Growth | |
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10 Years: | 31% |
5 Years: | 28% |
3 Years: | 55% |
TTM: | 105% |
Stock Price CAGR | |
---|---|
10 Years: | 58% |
5 Years: | 24% |
3 Years: | 59% |
1 Year: | 30% |
Return on Equity | |
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10 Years: | 12% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 19 | 19 | 19 | 19 | 16 | 17 | 52 | 52 | 54 | 57 | 115 | |
Reserves | 268 | 293 | 314 | 353 | 419 | 812 | 952 | 1,190 | 1,297 | 1,593 | 2,599 | 3,003 |
164 | 152 | 153 | 118 | 113 | 187 | 96 | 599 | 764 | 671 | 377 | 809 | |
219 | 211 | 233 | 265 | 314 | 326 | 430 | 663 | 1,400 | 1,483 | 1,223 | 1,290 | |
Total Liabilities | 667 | 672 | 716 | 752 | 862 | 1,342 | 1,496 | 2,504 | 3,514 | 3,802 | 4,256 | 5,216 |
227 | 248 | 255 | 278 | 251 | 265 | 280 | 686 | 1,067 | 1,265 | 1,320 | 1,468 | |
CWIP | 5 | 14 | 18 | 1 | 5 | 11 | 37 | 46 | 220 | 81 | 94 | 127 |
Investments | 67 | 76 | 94 | 82 | 195 | 357 | 604 | 756 | 1,043 | 1,132 | 1,204 | 1,549 |
368 | 334 | 349 | 391 | 411 | 710 | 575 | 1,016 | 1,184 | 1,325 | 1,638 | 2,072 | |
Total Assets | 667 | 672 | 716 | 752 | 862 | 1,342 | 1,496 | 2,504 | 3,514 | 3,802 | 4,256 | 5,216 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
82 | 85 | 60 | 107 | 124 | 175 | 140 | 223 | 431 | 156 | 255 | 263 | |
-19 | -69 | -63 | -45 | -101 | -217 | -307 | -540 | -390 | -259 | -373 | -629 | |
-38 | -31 | -19 | -59 | -27 | 340 | -133 | 305 | 33 | 51 | 100 | 361 | |
Net Cash Flow | 25 | -16 | -22 | 4 | -3 | 298 | -300 | -12 | 74 | -51 | -18 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 60 | 62 | 56 | 62 | 54 | 66 | 58 | 56 | 68 | 65 | 58 |
Inventory Days | 34 | 30 | 36 | 35 | 34 | 30 | 35 | 40 | 45 | 56 | 52 | 48 |
Days Payable | 78 | 76 | 74 | 72 | 76 | 82 | 102 | 80 | 113 | 118 | 96 | 75 |
Cash Conversion Cycle | 17 | 14 | 23 | 19 | 20 | 2 | -1 | 17 | -12 | 6 | 21 | 31 |
Working Capital Days | 26 | 21 | 25 | 24 | 18 | 15 | 17 | 21 | -49 | -20 | 28 | 35 |
ROCE % | 6% | 11% | 10% | 15% | 20% | 16% | 17% | 19% | 10% | 9% | 12% | 16% |
Documents
Announcements
- Completion Of The Transaction - Sale Of Equity Stake Held By The Company In Minda Nexgentech Limited 1 Jun
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Submission Of Newspapers Clippings
26 May - Newspapers clippings, wherein 'Notice to the shareholders' was published on 26 May, 2023 in Financial Express (English) and Jansatta (Hindi) newspapers, advising the shareholders of …
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Submission Of Newspapers Clippings
26 May - In continuation to our communication dated 30/03/2023 and 25/05/2023, we are enclosing herewith the newspapers clippings, wherein the "Notice to the Shareholders' of the Company …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 May - The officials of the Company will be attending the following Investor/ Conference on 26 May, 2023 in Mumbai: - 1) SBI mutual fund 2) DSP …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 25 May
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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May 2023Transcript PPT
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Market Leadership
The company is the largest Switch Player in India. It's the largest player in India and second-largest globally in horn segment [1]
It is the third-largest Automotive Lighting player in India. [2]
It has a partnership with 14 Global technology players [3]