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 ₹ 26,198 Cr.
- Current Price ₹ 457
- High / Low ₹ 605 / 384
- Stock P/E 42.6
- Book Value ₹ 64.5
- Dividend Yield 0.27 %
- ROCE 13.8 %
- ROE 12.1 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company's median sales growth is 27.3% of last 10 years
Cons
- Stock is trading at 7.09 times its book value
- Company has a low return on equity of 10.7% over last 3 years.
- Dividend payout has been low at 10.0% of profits 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
954 | 1,179 | 1,340 | 1,706 | 2,232 | 2,527 | 3,386 | 4,471 | 5,908 | 6,222 | 6,374 | 8,313 | 10,763 | |
870 | 1,141 | 1,254 | 1,628 | 2,078 | 2,290 | 3,012 | 3,935 | 5,182 | 5,549 | 5,649 | 7,428 | 9,564 | |
Operating Profit | 84 | 38 | 86 | 78 | 154 | 238 | 374 | 535 | 726 | 673 | 725 | 885 | 1,198 |
OPM % | 9% | 3% | 6% | 5% | 7% | 9% | 11% | 12% | 12% | 11% | 11% | 11% | 11% |
15 | 46 | 19 | 18 | 33 | 19 | 14 | 70 | 26 | 5 | 49 | 63 | 107 | |
Interest | 17 | 20 | 19 | 24 | 25 | 26 | 40 | 35 | 63 | 94 | 74 | 62 | 62 |
Depreciation | 34 | 40 | 46 | 59 | 83 | 93 | 136 | 165 | 234 | 340 | 375 | 392 | 432 |
Profit before tax | 48 | 25 | 39 | 13 | 79 | 139 | 212 | 405 | 455 | 244 | 325 | 494 | 811 |
Tax % | 26% | 1% | 28% | 59% | 25% | 20% | 22% | 24% | 29% | 28% | 31% | 30% | |
Net Profit | 36 | 28 | 28 | 6 | 68 | 123 | 185 | 331 | 339 | 188 | 248 | 413 | 662 |
EPS in Rs | 0.88 | 0.58 | 0.57 | 0.15 | 1.38 | 2.25 | 3.34 | 5.73 | 5.25 | 2.85 | 3.80 | 6.23 | 10.76 |
Dividend Payout % | 11% | 17% | 17% | 66% | 14% | 10% | 11% | 8% | 10% | 7% | 11% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | 20% |
3 Years: | 12% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 16% |
3 Years: | 7% |
TTM: | 75% |
Stock Price CAGR | |
---|---|
10 Years: | 56% |
5 Years: | 21% |
3 Years: | 63% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 11% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 19 | 19 | 19 | 19 | 19 | 16 | 37 | 55 | 52 | 54 | 57 | 115 | |
Reserves | 142 | 267 | 289 | 292 | 346 | 452 | 1,044 | 1,374 | 1,652 | 1,809 | 2,202 | 3,381 | 3,639 |
173 | 183 | 198 | 304 | 232 | 393 | 510 | 594 | 1,080 | 1,317 | 1,159 | 944 | 1,090 | |
231 | 251 | 302 | 369 | 402 | 626 | 829 | 1,379 | 1,447 | 2,403 | 2,562 | 2,416 | 2,826 | |
Total Liabilities | 560 | 717 | 806 | 981 | 997 | 1,487 | 2,398 | 3,365 | 4,231 | 5,581 | 5,977 | 6,798 | 7,670 |
250 | 275 | 319 | 401 | 411 | 573 | 885 | 1,350 | 1,861 | 2,674 | 2,797 | 2,805 | 3,024 | |
CWIP | 7 | 5 | 42 | 22 | 9 | 130 | 117 | 211 | 150 | 360 | 134 | 347 | 126 |
Investments | 19 | 23 | 22 | 47 | 28 | 44 | 111 | 155 | 356 | 398 | 531 | 607 | 774 |
283 | 414 | 423 | 512 | 548 | 740 | 1,285 | 1,649 | 1,864 | 2,148 | 2,515 | 3,040 | 3,747 | |
Total Assets | 560 | 717 | 806 | 981 | 997 | 1,487 | 2,398 | 3,365 | 4,231 | 5,581 | 5,977 | 6,798 | 7,670 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
45 | 77 | 95 | 42 | 135 | 146 | 335 | 364 | 414 | 1,049 | 343 | 383 | |
-32 | -26 | -118 | -137 | -39 | -257 | -267 | -640 | -815 | -810 | -361 | -697 | |
-4 | -8 | -5 | 80 | -98 | 123 | 253 | 44 | 368 | -96 | -40 | 311 | |
Net Cash Flow | 9 | 44 | -28 | -15 | -2 | 13 | 320 | -232 | -33 | 143 | -58 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 61 | 59 | 56 | 47 | 53 | 54 | 64 | 56 | 51 | 69 | 60 |
Inventory Days | 48 | 36 | 35 | 39 | 35 | 42 | 41 | 55 | 57 | 58 | 70 | 72 |
Days Payable | 80 | 80 | 84 | 77 | 66 | 73 | 84 | 105 | 80 | 107 | 120 | 98 |
Cash Conversion Cycle | 18 | 17 | 10 | 18 | 16 | 21 | 11 | 14 | 32 | 2 | 18 | 35 |
Working Capital Days | 20 | 25 | 18 | 22 | 19 | 19 | 17 | 25 | 31 | -22 | 10 | 36 |
ROCE % | 19% | 7% | 11% | 6% | 14% | 21% | 21% | 22% | 22% | 12% | 12% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
16h - The Nomination & Remuneration Committee of the Board of the Company on 22 March, 2023 approved the allotment of 63,494 equity shares of the face …
-
Announcement under Regulation 30 (LODR)-Meeting Updates
2d - The Board of the Company at its meeting held today i.e. March 20, 2023, approved the following matters: - 1) Termination of Joint Ventures formed …
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - Find Press Release dated 20th March, 2023 titled 'Uno Minda to consolidate 4W Alloy Business by acquiring Kosei stake in joint venture entities in India'. …
-
Announcement under Regulation 30 (LODR)-Meeting Updates
2d - The Board of the Company at its meeting held today i.e. March 20, 2023, approved the following matters: - 1)Termination of Joint Ventures formed by …
-
Submission Of Newspapers Clippings
10 Mar - The original share certificates of one of the shareholder namely Ms. Paromita Mitra, Folio No. 0001242 reported as lost/ misplaced and not traceable at the …
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Concalls
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Dec 2021TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021Transcript PPT
-
Jun 2021TranscriptNotesPPT
-
Jun 2021TranscriptNotesPPT
-
Apr 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019Transcript PPT
-
Oct 2019TranscriptNotesPPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Mar 2019Transcript PPT
-
Feb 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Nov 2018Transcript PPT
-
Nov 2018TranscriptNotesPPT
-
Aug 2018Transcript PPT
-
May 2018Transcript PPT
-
Feb 2018Transcript PPT
-
Nov 2017Transcript PPT
-
Aug 2017TranscriptNotesPPT
-
May 2017Transcript PPT
-
Mar 2017TranscriptNotesPPT
-
Feb 2017TranscriptNotesPPT
-
Feb 2017Transcript PPT
-
Nov 2016Transcript PPT
-
Aug 2016TranscriptPPT
-
May 2016Transcript PPT
-
Feb 2016Transcript PPT
-
Nov 2015TranscriptNotesPPT
-
Aug 2015TranscriptPPT
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]