Minda Industries was incorporated in the year 1992. It is a Mid Cap company (having a market
cap of Rs 10781 Crore) works in Auto Ancillaries sector. Its key Products/Revenue Segments include Switches, Horns, Lighting Products, Scrap, and LED Lights. Here is the detailed fundamental analysis of Minda Industries.
- Read also: MINDA INDUSTRIES Fundamental Report
- Read also: Minda Industries Ltd.
Fundamental analysis of Minda Industries:
| Fundamental Points | Numbers |
| Market cap | 10781 Crore |
| Debt: Equity ratio | 0.17 |
| Compounded sales growth | 26.05% |
| Compounded profit growth | 74.04% |
| Return on equity | 26.09% |
| P/E | 77.45 |
Annual Results [Consolidated Figure in Rs. Crores]
| 2014 | 2015 | 2016 | 2017 | 2018 | |
| Sales | 1,706 | 2,232 | 2,527 | 3,386 | 4,471 |
| Expenses | 1,628 | 2,078 | 2,290 | 3,012 | 3,969 |
| Operating Profit | 78 | 154 | 238 | 374 | 502 |
| Other Income | 18 | 33 | 19 | 14 | 103 |
| Interest | 24 | 25 | 26 | 40 | 35 |
| Depreciation | 59 | 83 | 93 | 136 | 165 |
| Profit Before Tax | 13 | 79 | 139 | 212 | 405 |
| Tax | 8 | 19 | 28 | 46 | 98 |
| Net Profit | 7 | 68 | 111 | 165 | 310 |
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Note: This is the few lessons from the book which I discovered from Benjamin Graham & David L. Dodd’s brilliant book ‘Security Analysis: Sixth Edition, Foreword by Warren Buffett’.
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