Case study

MINDACORP

Minda Corp

Tread carefully1y model +8.5%

Each stock's 10,000-path forecast, rendered as light.

0Score

Minda Corp (MINDACORP) Stock Analysis & Case Study

Is MINDACORP a good buy? The data-driven verdict.

Minda Corp (MINDACORP) trades at ₹659,on the numbers it tread carefully, a Downstox Snapshot Score of 41/100.

On the numbers, Minda Corp (MINDACORP) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 43.6× earnings, ROE of 14.9%, a 59% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

MINDACORP fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹15,763 Cr
Current price
₹659
P/E ratio
43.6×
P/B ratio
5.94×
Book value
₹111
Dividend yield
0.21%
ROCE
12.8%
ROE
14.9%
Piotroski F-Score
4/9

Is MINDACORP overvalued? MINDACORP P/E vs its sector

MINDACORP's P/E of 43.6× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.21% dividend yield is below the peer median of 1.65%.

MINDACORP P/E
43.6×
Peer median P/E
15.9×
MINDACORP div yield
0.21%
Peer median yield
1.65%

MINDACORP share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of MINDACORP history (14%/yr drift, 37%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
MINDACORP 2027₹447₹709₹1,121+9%
MINDACORP 2028₹400₹765₹1,468+17%
MINDACORP 2029₹371₹824₹1,853+26%
MINDACORP 2030₹357₹895₹2,256+37%
MINDACORP 2031₹334₹968₹2,730+48%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability MINDACORP goes up, or doubles?

59%
Higher in 1 year
Modelled chance the price is above today in 12 months
69%
Higher in 5 years
Modelled chance the price is above today in 5 years
36%
Doubles in 5 years
Modelled chance of reaching ₹1,306 within 5 years

The bull case for MINDACORP

  • A healthy 14.9% return on equity.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,853.

The bear case & risks

  • A rich 43.6× P/E leaves a thin margin of safety if growth slows.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹371.

MINDACORP volatility & expected range, how bumpy is the ride?

Over the last 2.0 years MINDACORP compounded at 14%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹447₹1,121, the honest backbone behind any single price target.

MINDACORP price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
8.5%
80% range₹447–₹1,121
P(price ↑)59%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
26.2%
80% range₹371–₹1,853
P(price ↑)64%
P(price 2×)23%
5-Year Forecast
2031
₹0
Median (P50)
48.3%
80% range₹334–₹2,730
P(price ↑)69%
P(price 2×)36%

MINDACORP price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
MINDACORP simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds MINDACORP hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the MINDACORP price target & forecast page.

MINDACORP Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. MINDACORP scores 4/9,mixed financial health.

MINDACORP MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy MINDACORP with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST31.6%3.2×
ZerodhaCHEAPEST31.6%3.2×
DhanCHEAPEST31.6%3.2×

Compare every broker on the MINDACORP MTF page.

MINDACORP vs peers,sector comparison

StockP/EDiv yieldMarket cap
MINDACORP (this stock)43.6×0.21%₹15,763 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Minda Corp: sector, index & market-cap context

Minda Corp (MINDACORP) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹15,763 Cr. See more Nifty 200 stocks.

How the MINDACORP Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Minda Corp's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

MINDACORP analysis, FAQs

Is Minda Corp (MINDACORP) a good buy?

On the numbers, Minda Corp (MINDACORP) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 43.6× earnings, ROE of 14.9%, a 59% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is MINDACORP overvalued or undervalued?

MINDACORP trades at 43.6× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the MINDACORP share price target for 2031?

MINDACORP's probability-weighted 2031 median target is ₹968, with an 80% range of ₹334₹2,730 (10,000-path Monte-Carlo).

What is the probability MINDACORP doubles in 5 years?

The modelled probability of MINDACORP reaching ₹1,306 (2×) within 5 years is 36%.

What is the bull case for MINDACORP?

A healthy 14.9% return on equity.

What are the risks in MINDACORP?

A rich 43.6× P/E leaves a thin margin of safety if growth slows.

More on MINDACORP