Comparison · NSE · data 2026-11-02
Lumax Auto Technologies Limited vs Minda Corp. Ltd.
In plain words
Size: Minda Corp. Ltd. is about 1.1 times the market value of Lumax Auto Technologies Limited.
Valuation (P/E): Lumax Auto Technologies Limited 38.4 vs Minda Corp. Ltd. 30.9.
Return on equity: Lumax Auto Technologies Limited 26% vs Minda Corp. Ltd. 14.9%.
Profit growth over 3 years: Lumax Auto Technologies Limited 44.3% a year vs Minda Corp. Ltd. 8.2% a year.
Debt to equity: Lumax Auto Technologies Limited 1.02 vs Minda Corp. Ltd. 0.56.
Differences in the numbers, not a recommendation of either stock.
Side by side
| LUMAXTECH | MINDACORP | |
|---|---|---|
| Price | ₹2,043.7 | ₹646.5 |
| Market cap | ₹13,796 cr | ₹15,103 cr |
| P/E | 38.4 | 30.9 |
| P/B | 9.9 | — |
| ROE | 26.0% | 14.9% |
| ROCE | 24.4% | 14.7% |
| Debt / equity | 1.02 | 0.56 |
| Operating margin | 10.4% | 8.0% |
| Dividend yield | 0.27% | 0.22% |
| Sales growth, 3 years (yearly) | 38.1% | 12.9% |
| Profit growth, 3 years (yearly) | 44.3% | 8.2% |
| 1-year return | 80.0% | 13.6% |
| Revenue, last 12 months | ₹5,607 cr | ₹6,646 cr |
| Net profit, last 12 months | ₹363 cr | ₹501 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹106 cr | ₹206 cr |
| Quarter profit vs a year earlier | +57.8% | +215.5% |
| Promoter holding | 55.98% | 64.84% |
| Health check | Strong (7.9/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, Lumax Auto Technologies Limited or Minda Corp. Ltd.?
Lumax Auto Technologies Limited trades at the higher P/E (38.4 against 30.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Lumax Auto Technologies Limited (26.0% against 14.9%).
Which carries more debt?
Lumax Auto Technologies Limited has the higher debt-to-equity ratio (1.02 against 0.56).