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- Indian - auto ancillaries
- HI-TECH GEARS - MINDA CORPORATION
HI-TECH GEARS vs MINDA CORPORATION - Comparison Results
Current Valuations
| HI-TECH GEARS | MINDA CORPORATION | HI-TECH GEARS/ MINDA CORPORATION |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 18.1 | 35.3 | 51.3% | View Chart |
| P/BV | x | 5.8 | 6.2 | 93.0% | View Chart |
| Dividend Yield | % | 0.2 | 0.3 | 78.9% |
Financials
 HI-TECH GEARS  MINDA CORPORATION |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| HI-TECH GEARS Mar-23 |
MINDA CORPORATION Mar-23 |
HI-TECH GEARS/ MINDA CORPORATION |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 293 | 284 | 103.1% | |
| Low | Rs | 155 | 164 | 94.8% | |
| Sales per share (Unadj.) | Rs | 622.9 | 179.9 | 346.3% | |
| Earnings per share (Unadj.) | Rs | 12.3 | 12.3 | 100.0% | |
| Cash flow per share (Unadj.) | Rs | 56.1 | 18.1 | 310.0% | |
| Dividends per share (Unadj.) | Rs | 2.50 | 1.20 | 208.3% | |
| Avg Dividend yield | % | 1.1 | 0.5 | 208.2% | |
| Book value per share (Unadj.) | Rs | 188.6 | 66.3 | 284.3% | |
| Shares outstanding (eoy) | m | 18.77 | 239.08 | 7.9% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.4 | 1.2 | 28.9% | |
| Avg P/E ratio | x | 18.2 | 18.2 | 100.1% | |
| P/CF ratio (eoy) | x | 4.0 | 12.4 | 32.3% | |
| Price / Book Value ratio | x | 1.2 | 3.4 | 35.2% | |
| Dividend payout | % | 20.3 | 9.7 | 208.3% | |
| Avg Mkt Cap | Rs m | 4,207 | 53,554 | 7.9% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 2,184 | 6,255 | 34.9% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 11,692 | 43,001 | 27.2% | |
| Other income | Rs m | 79 | 158 | 50.2% | |
| Total revenues | Rs m | 11,772 | 43,159 | 27.3% | |
| Gross profit | Rs m | 1,413 | 4,631 | 30.5% | |
| Depreciation | Rs m | 822 | 1,381 | 59.5% | |
| Interest | Rs m | 332 | 423 | 78.4% | |
| Profit before tax | Rs m | 339 | 2,985 | 11.4% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 108 | 41 | 264.1% | |
| Profit after tax | Rs m | 231 | 2,944 | 7.9% | |
| Gross profit margin | % | 12.1 | 10.8 | 112.2% | |
| Effective tax rate | % | 31.9 | 1.4 | 2,322.6% | |
| Net profit margin | % | 2.0 | 6.8 | 28.9% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 4,464 | 15,834 | 28.2% | |
| Current liabilities | Rs m | 3,835 | 12,689 | 30.2% | |
| Net working cap to sales | % | 5.4 | 7.3 | 73.6% | |
| Current ratio | x | 1.2 | 1.2 | 93.3% | |
| Inventory Days | Days | 7 | 43 | 15.9% | |
| Debtors Days | Days | 65 | 54 | 119.7% | |
| Net fixed assets | Rs m | 5,307 | 16,184 | 32.8% | |
| Share capital | Rs m | 188 | 478 | 39.3% | |
| "Free" reserves | Rs m | 3,352 | 15,380 | 21.8% | |
| Net worth | Rs m | 3,540 | 15,858 | 22.3% | |
| Long term debt | Rs m | 2,401 | 1,716 | 139.9% | |
| Total assets | Rs m | 9,772 | 32,018 | 30.5% | |
| Interest coverage | x | 2.0 | 8.1 | 25.1% | |
| Debt to equity ratio | x | 0.7 | 0.1 | 626.9% | |
| Sales to assets ratio | x | 1.2 | 1.3 | 89.1% | |
| Return on assets | % | 5.8 | 10.5 | 54.8% | |
| Return on equity | % | 6.5 | 18.6 | 35.2% | |
| Return on capital | % | 11.3 | 19.4 | 58.2% | |
| Exports to sales | % | 19.3 | 7.9 | 245.1% | |
| Imports to sales | % | 0.8 | 8.0 | 9.4% | |
| Exports (fob) | Rs m | 2,262 | 3,395 | 66.6% | |
| Imports (cif) | Rs m | 88 | 3,440 | 2.6% | |
| Fx inflow | Rs m | 2,262 | 3,547 | 63.8% | |
| Fx outflow | Rs m | 469 | 3,540 | 13.2% | |
| Net fx | Rs m | 1,794 | 7 | 25,623.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 541 | 3,874 | 14.0% | |
| From Investments | Rs m | -407 | -4,281 | 9.5% | |
| From Financial Activity | Rs m | -409 | 743 | -55.0% | |
| Net Cashflow | Rs m | -275 | 371 | -74.0% | |
Share Holding
| Indian Promoters | % | 56.2 | 64.8 | 86.7% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 0.1 | 25.7 | 0.3% | |
| FIIs | % | 0.1 | 5.1 | 1.2% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 43.8 | 35.2 | 124.5% | |
| Shareholders | 9,567 | 100,689 | 9.5% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare HI-TECH GEARS With: BOSCH TALBROS AUTO GNA AXLES GABRIEL INDIA LUMAX IND
More on HI-TECH GEARS vs MINDA CORPORATION
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
HI-TECH GEARS vs MINDA CORPORATION Share Price Performance
| Period | HI-TECH GEARS | MINDA CORPORATION |
|---|---|---|
| 1-Day | -0.61% | 0.46% |
| 1-Month | 35.37% | -1.19% |
| 1-Year | 339.81% | 45.54% |
| 3-Year CAGR | 87.61% | 59.80% |
| 5-Year CAGR | 31.34% | 26.60% |
* Compound Annual Growth Rate
Here are more details on the HI-TECH GEARS share price and the MINDA CORPORATION share price.
Moving on to shareholding structures...
The promoters of HI-TECH GEARS hold a 56.2% stake in the company. In case of MINDA CORPORATION the stake stands at 64.8%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of HI-TECH GEARS and the shareholding pattern of MINDA CORPORATION.
Finally, a word on dividends...
In the most recent financial year, HI-TECH GEARS paid a dividend of Rs 2.5 per share. This amounted to a Dividend Payout ratio of 20.3%.
MINDA CORPORATION paid Rs 1.2, and its dividend payout ratio stood at 9.7%.
You may visit here to review the dividend history of HI-TECH GEARS, and the dividend history of MINDA CORPORATION.
For a sector overview, read our auto ancillaries sector report.
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