Uno Minda Ltd

NSE: UNOMINDA BSE: 532539

₹1201.60

(1.89%)

Sun, 13 Sept 2026, 02:45 pm

Market Cap (in Cr)70653.04

PE Ratio57.74

Dividend0.22

Producer Manufacturing

Auto Parts: OEM

24.5K

Uno Minda Analysis

Pros

Dividends paid are thoroughly covered by earnings (8.1x coverage).
Dividends after 3 years are expected to be thoroughly covered by earnings (9.1x coverage).

Cons

Dividend payments have increased, but Minda Industries only paid a dividend in the past 9 years.
Whilst dividend payments have been stable, Minda Industries has been paying a dividend for less than 10 years.
Minda Industries's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
Minda Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).

Pros

Minda Industries's earnings are expected to grow significantly at over 20% yearly.
Minda Industries's earnings growth is expected to exceed the India market average.
Minda Industries's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Minda Industries's net income is expected to increase by more than 50% in 2 years time.
Performance (ROE) is expected to be above the current IN Auto Components industry average.
An improvement in Minda Industries's performance (ROE) is expected over the next 3 years.
Minda Industries's revenue growth is expected to exceed the India market average.

Cons

Cash flow for Minda Industries is expected to decrease over the next 2 years.
Minda Industries's earnings are expected to decrease over the next year.
Minda Industries is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Minda Industries's revenue is expected to increase but not above the 50% threshold in 2 years time.
Minda Industries's revenue is expected to grow by 16.6% yearly, however this is not considered high growth (20% yearly).

Pros

Minda Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Minda Industries is profitable, therefore cash runway is not a concern.
Minda Industries is profitable, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (77.7%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 1.8x debt.
Minda Industries's cash and other short term assets cover its long term commitments.
The level of debt compared to net worth has been reduced over the past 5 years (67.3% vs 44% today).
Interest payments on debt are well covered by earnings (EBIT is 5.1x coverage).

Cons

Minda Industries's level of debt (44%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

Pros

Nirmal's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

The average tenure for the Minda Industries board of directors is less than 3 years, this suggests a new board.
Nirmal's remuneration is higher than average for companies of similar size in India.
Minda Industries individual insiders have sold more shares than they have bought in the past 3 months.
The average tenure for the Minda Industries management team is less than 2 years, this suggests a new team.

Pros

Minda Industries has delivered over 20% year on year earnings growth in the past 5 years.
Minda Industries used its assets more efficiently than the IN Auto Components industry average last year based on Return on Assets.

Cons

Minda Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Minda Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Minda Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Minda Industries's 1-year earnings growth is negative, it can't be compared to the IN Auto Components industry average.

Pros

Minda Industries is good value based on expected growth next year.
532539 outperformed the Auto Components industry which returned -22.4% over the past year.
532539 matched the India Market (-14.5%) over the past year.

Cons

Minda Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Minda Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Minda Industries is overvalued based on assets compared to the IN Auto Components industry average.
Minda Industries is overvalued based on earnings compared to the IN Auto Components industry average.
Minda Industries is overvalued based on earnings compared to the India market.
BSE:532539 is up 1.1% underperforming the Auto Components industry which returned 13.2% over the past month.
BSE:532539 is up 1.1% underperforming the market in India which returned 8% over the past month.