Minda Corp (MINDACORP)

FairStock Score: 59/100 — STEADY

Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I wear two hats: Graham demands a margin of safety, Buffett asks whether the business is wonderful. Minda Corp's latest quarter shows sales of ₹1,560 Cr and net profit of ₹84 Cr, with ROE 13.09%, ROCE 12.66%, debt/equity 0.55, and promoter holding 64.84%. The Piotroski F-Score of 8/9 and Altman Z-Score of 3.72 suggest reasonable accounting and balance-sheet resilience, and the debt level is not alarming. But the cash engine is sputtering: free cash flow is negative ₹865 Cr. Recent sales growth of 61.29% and profit growth of 392.47% look spectacular, yet the 5-year revenue CAGR is only 12.44%, so I would not assume that spurt is permanent. In auto components, without evidence of pricing power, ROE/ROCE near 13% do not scream wide moat. Valuation is the bigger issue. At ₹720.05, P/E is 34.37, P/B is 6.42, and book value is ₹112.22. The Graham Number is ₹157.73, giving a margin of safety of -252.21%; PEG is 323.43 and EV/EBITDA is 183.73. Those are not bargain numbers; they demand extraordinary future growth. Dividend yield is just 0.22%. FairStock Score is 59/100, labeled STEADY. I like the promoter skin in the game and the F-score, but I don't see a margin of safety. The stock is near its 52-week high of ₹769 and well above its low of ₹468.50. For an Indian retail investor, this looks like a good business at a demanding price. Wait for positive free cash flow and a cooler valuation before calling it a Buffett-style purchase.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer