Minda Corporation Limited share price
NSE: MINDACORP · ISIN INE842C01021
Key numbers
- Market cap
- ₹ 15,978 Cr
- Current price
- ₹ 678.85
- 52-week high / low
- ₹ 769 / 469
- Stock P/E
- 32.4
- Book value
- ₹ 112.1
- Dividend yield
- 0.24%
- ROCE
- 12.6%
- ROE
- 14.9%
- Debt to equity
- 0.56
- Sales growth (3 yrs)
- 12.8%
- Profit growth (3 yrs)
- 8.2%
- 1-year return
- 27.0%
About Minda Corporation Limited
Minda Corporation Limited manufactures and sells automobile components and parts in India, rest of Asia, America, Europe, and Africa. The company offers vehicle access systems, such as locksets, latches, hinges, security systems, smart key systems, and integrated access modules for two-wheelers, passenger vehicles, commercial vehicles, and off-highway equipment; electrical distribution systems, including wiring harnesses, terminals, connectors, and high-voltage harness systems for internal combustion-engine and electric vehicle applications, as well as anchor vertical products for four-wheeler and two-wheeler segments; driver information systems instrument clusters, head-up displays, telematics devices, fleet management solutions, smart electronics, and software-defined cockpit components. It also provides lightweight and plastics aluminum die-castings, precision-machined components, and engineered plastics for passenger vehicles, commercial vehicles, two-wheelers, and the after-market; electric vehicle systems and electronic battery management systems, on board chargers, DC-DC converters, motor controllers, and EV-specific electronic architectures; and power train products, such…
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,321 | 1,386 | 1,560 | 1,704 | 1,846 |
| Operating profit | 153 | 156 | 184 | 203 | 212 |
| Net profit | 52 | 65 | 86 | 125 | 206 |
| EPS (₹) | 2.21 | 2.78 | 3.64 | 5.29 | 8.75 |
Concall summary (2026-08-19)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Now coming to Minda Corporation, during Q1 FY27, the company surpassed consensus estimates, delivering its highest ever quarterly revenue of INR 1,846 crores, a growth of 33.2% on YoY basis.
- In FY26, our revenue stood at about INR 9,000 odd crore and accounting consolidated revenue stood at INR 6,185 crore.
Growth & demand
- Minda Corporation Limited August 13, 2026 Overall industry production grew by around 22% on YoY basis, driven by positive demand conditions, improving exports, and resilient consumption across both rural and urban markets.
- The two -wheeler segment grew by approximately 23%, driven by strong scooter demand and exports momentum.
Margins & costs
- While vehicle demand remained very good, the quarter remained challenging from input cost perspective higher prices of key raw materials, supply chain and logistic related disruptions, manpower related disruptions, and wage increase impacted the automotive component industry and put pressures on margins.
- On the associate company Flash Electronics, Flash Electronics has continued to deliver strong performance during the quarter, with revenues reaching INR 533 crores in Q1, with an EBITDA of INR 82 crores and EBITDA margin of 15.4%.
Capex & expansion
- Our manufacturing footprint includes 42 plants with over 23,000 employees across our various plants and offices across the globe.
- So, on an average you can say typically our group capacity is at about 77% to about 80% depending on a particular plant or depending on a particular product line.
Balance sheet & cash
- And importantly, a large portion of these headwinds, thankfully, was offset by operational efficiency and our operating leverages.
Peers in Auto Parts
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