Nifty
:
24154.90
Sensex
:
77235.46
-132.75 (-0.55%)
-492.70 (-0.63%)
Nifty
Sensex
:
:
24154.90
77235.46
-132.75 (-0.55%)
-492.70 (-0.63%)

Minda Corporation Ltd.

Auto Ancillary

Rating :
71/99

BSE: 538962 | NSE: MINDACORP

NSE BSE
745.25
18-Aug-2026
  • Open
  • High
  • Low
  • Previous Close
  •  729.5
  •  765.35
  •  727.8
  •  725.15
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1637223
  •  1232151613.65
  •  769
  •  468.5

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 17,804.25
  • 35.54
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 18,869.35
  • 0.19%
  • 6.53

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 64.84%
  • 1.12%
  • 4.48%
  • FII
  • DII
  • Others
  • 9.29%
  • 17.55%
  • 2.72%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.62
  • 15.76
  • 9.97

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.17
  • 19.57
  • 6.98

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.58
  • 8.64
  • 7.43

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 28.28
  • 37.88
  • 46.08

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.82
  • 4.83
  • 5.58

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 15.09
  • 18.34
  • 21.49

Earnings Forecasts:

(Updated: 15-08-2026)
Description
2026
2027
2028
2029
Adj EPS
59
15
24.87
14.79
P/E Ratio
12.63
49.68
29.97
50.39
Revenue
38.93
30.74
26.25
6150.76
EBITDA
7314.26
8504.22
10027.6
715.8
Net Income
852.21
1011.83
1219.52
353.57
ROA
440.49
558.64
658.16
6.56
P/B Ratio
0.62
0.71
-
6.88
ROE
5.4
4.68
4.05
13.83
FCFF
14.52
15.38
15.71
226.75
FCFF Yield
140.79
396.88
465.72
1.24
Net Debt
0.77
2.17
2.55
1511.2
BVPS
1199.3
1048.5
-
108.38

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
1,846.31
1,385.88
33.22%
1,703.81
1,321.26
28.95%
1,560.29
1,252.56
24.57%
1,535.36
1,290.01
19.02%
Expenses
1,634.68
1,229.59
32.95%
1,500.44
1,168.38
28.42%
1,376.77
1,109.00
24.15%
1,357.45
1,143.43
18.72%
EBITDA
211.63
156.29
35.41%
203.37
152.88
33.03%
183.52
143.56
27.84%
177.91
146.58
21.37%
EBIDTM
11.46%
11.28%
11.94%
11.57%
11.76%
11.46%
11.59%
11.36%
Other Income
1.62
3.29
-50.76%
5.62
3.33
68.77%
3.37
9.09
-62.93%
2.95
11.65
-74.68%
Interest
31.46
32.80
-4.09%
29.54
34.50
-14.38%
28.56
11.90
140.00%
30.99
11.08
179.69%
Depreciation
68.81
56.05
22.77%
58.70
56.81
3.33%
57.71
50.36
14.59%
57.08
51.22
11.44%
PBT
236.97
70.73
235.03%
123.43
64.90
90.18%
96.52
90.39
6.78%
92.79
95.93
-3.27%
Tax
48.59
18.56
161.80%
30.90
23.17
33.36%
31.59
26.03
21.36%
25.28
25.16
0.48%
PAT
188.38
52.17
261.09%
92.53
41.73
121.73%
64.93
64.36
0.89%
67.51
70.77
-4.61%
PATM
10.20%
3.76%
5.43%
3.16%
4.16%
5.14%
4.40%
5.49%
EPS
8.62
2.73
215.75%
5.21
2.18
138.99%
3.58
2.71
32.10%
3.54
3.11
13.83%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
6,645.77
6,185.30
5,056.20
4,651.10
4,300.10
2,975.90
2,367.90
2,222.60
3,092.00
2,593.50
2,059.80
Net Sales Growth
26.59%
22.33%
8.71%
8.16%
44.50%
25.68%
6.54%
-28.12%
19.22%
25.91%
 
Cost Of Goods Sold
4,217.85
3,899.50
3,146.50
2,923.80
2,777.30
1,875.90
1,492.50
1,338.50
1,903.20
1,558.60
1,226.50
Gross Profit
2,427.92
2,285.80
1,909.70
1,727.30
1,522.80
1,100.00
875.40
884.10
1,188.80
1,034.90
833.30
GP Margin
36.53%
36.96%
37.77%
37.14%
35.41%
36.96%
36.97%
39.78%
38.45%
39.90%
40.46%
Total Expenditure
5,869.34
5,462.80
4,480.00
4,135.50
3,837.00
2,680.30
2,147.90
1,974.80
2,797.90
2,317.90
1,867.80
Power & Fuel Cost
-
114.60
94.30
85.70
81.50
59.90
48.00
46.80
62.10
50.70
39.80
% Of Sales
-
1.85%
1.87%
1.84%
1.90%
2.01%
2.03%
2.11%
2.01%
1.95%
1.93%
Employee Cost
-
933.50
782.50
728.50
625.50
474.20
382.70
356.60
509.20
441.30
371.40
% Of Sales
-
15.09%
15.48%
15.66%
14.55%
15.93%
16.16%
16.04%
16.47%
17.02%
18.03%
Manufacturing Exp.
-
224.40
188.10
173.50
148.10
122.10
101.10
101.60
119.70
101.30
80.60
% Of Sales
-
3.63%
3.72%
3.73%
3.44%
4.10%
4.27%
4.57%
3.87%
3.91%
3.91%
General & Admin Exp.
-
130.40
123.50
98.50
90.30
56.40
53.10
67.30
114.70
99.90
86.60
% Of Sales
-
2.11%
2.44%
2.12%
2.10%
1.90%
2.24%
3.03%
3.71%
3.85%
4.20%
Selling & Distn. Exp.
-
108.50
99.30
86.80
77.30
61.90
49.70
44.60
53.10
44.00
43.90
% Of Sales
-
1.75%
1.96%
1.87%
1.80%
2.08%
2.10%
2.01%
1.72%
1.70%
2.13%
Miscellaneous Exp.
-
51.90
45.80
38.70
37.00
29.90
20.80
19.40
35.90
22.10
43.90
% Of Sales
-
0.84%
0.91%
0.83%
0.86%
1.00%
0.88%
0.87%
1.16%
0.85%
0.92%
EBITDA
776.43
722.50
576.20
515.60
463.10
295.60
220.00
247.80
294.10
275.60
192.00
EBITDA Margin
11.68%
11.68%
11.40%
11.09%
10.77%
9.93%
9.29%
11.15%
9.51%
10.63%
9.32%
Other Income
13.56
15.20
32.40
15.70
15.80
24.20
33.20
42.60
35.50
16.30
40.50
Interest
120.55
123.30
68.70
57.10
42.30
32.00
38.80
41.30
50.70
39.80
30.20
Depreciation
242.30
229.50
204.30
165.80
138.10
112.00
93.60
86.60
88.30
73.80
57.70
PBT
549.71
384.90
335.60
308.40
298.50
175.80
120.80
162.50
190.60
178.30
144.60
Tax
136.36
106.30
96.40
83.20
4.10
24.00
31.20
39.40
66.90
48.70
28.80
Tax Rate
24.81%
27.72%
28.72%
26.98%
1.37%
11.51%
25.83%
24.25%
32.15%
27.31%
19.92%
PAT
413.35
279.20
239.20
225.20
294.40
184.50
89.60
135.60
169.20
142.70
102.10
PAT before Minority Interest
415.17
277.20
239.20
225.20
294.40
184.50
89.60
135.60
169.20
142.70
102.10
Minority Interest
1.82
2.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
6.22%
4.51%
4.73%
4.84%
6.85%
6.20%
3.78%
6.10%
5.47%
5.50%
4.96%
PAT Growth
80.48%
16.72%
6.22%
-23.51%
59.57%
105.92%
-33.92%
-19.86%
18.57%
39.76%
 
EPS
17.29
11.68
10.00
9.42
12.31
7.72
3.75
5.67
7.08
5.97
4.27

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
2,643.50
2,202.20
1,980.60
1,590.80
1,330.10
1,146.60
975.00
1,195.10
740.70
622.10
Share Capital
47.80
47.80
47.80
47.80
47.80
47.80
45.40
45.30
41.60
41.60
Total Reserves
2,489.30
2,152.80
1,931.10
1,538.00
1,279.50
1,096.30
928.00
1,146.00
697.00
580.30
Non-Current Liabilities
681.30
709.10
343.80
342.10
230.10
152.80
184.30
175.80
308.30
211.30
Secured Loans
398.10
420.90
136.70
171.60
84.80
93.30
114.80
139.10
261.90
158.80
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.20
6.50
18.50
24.90
Long Term Provisions
58.50
54.20
45.10
38.80
31.90
24.90
25.20
17.50
18.50
18.00
Current Liabilities
2,145.10
1,962.40
1,102.40
1,268.90
1,006.90
1,028.70
1,167.50
1,071.10
1,002.20
714.50
Trade Payables
1,143.50
829.00
663.60
725.60
567.50
506.50
509.30
410.30
440.90
264.00
Other Current Liabilities
317.80
304.20
281.30
211.70
158.00
191.00
252.20
248.50
232.80
149.50
Short Term Borrowings
668.80
816.00
145.10
317.60
261.50
307.00
312.40
387.30
309.40
285.30
Short Term Provisions
15.00
13.20
12.40
14.00
19.90
24.20
93.60
25.00
19.10
15.70
Total Liabilities
5,484.90
4,873.70
3,426.80
3,201.80
2,567.10
2,328.10
2,326.80
2,442.00
2,051.20
1,547.90
Net Block
1,601.60
1,507.40
1,206.70
1,025.70
887.00
612.70
570.10
731.60
711.30
529.90
Gross Block
2,698.10
2,432.80
1,947.90
1,650.60
1,385.50
940.40
814.90
952.00
844.10
590.90
Accumulated Depreciation
1,096.50
925.40
741.20
624.90
498.50
327.70
244.80
220.40
132.80
61.00
Non Current Assets
3,467.30
3,195.80
1,447.30
1,618.40
1,022.10
841.90
801.00
992.70
922.50
764.00
Capital Work in Progress
157.50
85.20
63.20
85.20
32.50
17.80
28.40
21.00
16.10
74.20
Non Current Investment
1,558.40
1,475.60
56.90
451.30
64.20
180.50
176.10
165.00
139.30
125.70
Long Term Loans & Adv.
140.50
122.00
118.00
55.00
34.90
29.00
24.20
22.00
32.10
27.00
Other Non Current Assets
9.30
5.60
2.50
1.20
3.50
1.90
2.20
53.10
23.70
7.20
Current Assets
2,017.60
1,677.90
1,979.50
1,583.40
1,545.00
1,486.20
1,525.80
1,449.30
1,128.70
783.90
Current Investments
0.00
0.00
290.80
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
709.90
580.80
527.00
573.30
478.90
395.90
394.90
446.40
447.90
306.40
Sundry Debtors
995.00
827.50
804.40
640.90
568.80
442.00
389.80
546.40
570.50
374.10
Cash & Bank
147.10
96.70
192.00
161.90
333.40
499.40
472.40
353.00
26.10
33.40
Other Current Assets
165.60
118.70
88.70
85.40
163.90
148.90
268.70
103.50
84.20
70.00
Short Term Loans & Adv.
67.70
54.20
76.60
121.90
76.30
71.40
52.20
54.70
50.00
36.90
Net Current Assets
-127.50
-284.50
877.10
314.50
538.10
457.50
358.30
378.20
126.50
69.40
Total Assets
5,484.90
4,873.70
3,426.80
3,201.80
2,567.10
2,328.10
2,326.80
2,442.00
2,051.20
1,547.90

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
675.60
544.40
286.80
387.40
166.80
85.50
450.40
209.40
69.90
48.40
PBT
464.50
351.80
310.40
288.60
183.20
84.00
-154.40
236.10
191.40
130.90
Adjustment
274.30
231.70
209.40
177.70
122.90
130.60
425.90
76.10
97.80
75.10
Changes in Working Capital
56.80
55.00
-130.80
-44.20
-90.60
-107.90
230.70
-42.20
-174.50
-126.40
Cash after chg. in Working capital
795.60
638.50
389.00
422.10
215.50
106.70
502.20
270.00
114.70
79.60
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-120.00
-94.10
-102.20
-34.70
-48.70
-21.20
-51.80
-60.60
-44.80
-31.20
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-382.90
-1,408.70
116.70
-428.10
-7.30
-174.20
-137.10
-401.90
-200.20
-169.90
Net Fixed Assets
-240.10
-455.10
-214.00
-290.70
-155.40
-113.70
-177.70
-92.50
-310.60
40.24
Net Investments
-37.50
-1,126.80
105.50
-376.90
-176.10
-0.60
202.60
-42.10
-17.40
-92.52
Others
-105.30
173.20
225.20
239.50
324.20
-59.90
-162.00
-267.30
127.80
-117.62
Cash from Financing Activity
-267.40
788.50
-358.40
74.30
-160.80
65.20
-249.00
203.30
122.10
67.40
Net Cash Inflow / Outflow
25.30
-75.80
45.10
33.60
-1.30
-23.50
64.30
10.80
-8.20
-54.10
Opening Cash & Equivalents
75.90
152.10
107.90
70.80
53.10
94.70
30.30
19.30
27.60
70.20
Closing Cash & Equivalent
102.80
75.90
152.10
107.90
70.80
53.10
94.70
30.30
19.30
27.60

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
106.15
92.08
82.80
66.35
55.54
47.87
42.88
52.60
35.51
29.90
ROA
5.35%
5.76%
6.79%
10.21%
7.54%
3.85%
-8.90%
6.29%
7.20%
6.98%
ROE
11.70%
11.45%
12.63%
20.21%
14.93%
8.46%
-19.61%
14.63%
19.05%
19.80%
ROCE
13.69%
13.76%
16.35%
17.64%
14.35%
10.18%
-7.43%
15.50%
16.55%
15.33%
Fixed Asset Turnover
2.46
2.36
2.64
2.90
2.62
2.70
2.52
3.44
3.67
2.28
Receivable days
52.70
57.64
55.60
50.15
60.58
64.11
76.87
65.92
65.42
66.83
Inventory Days
37.32
39.13
42.33
43.62
52.43
60.95
69.08
52.78
52.24
51.80
Payable days
92.31
86.57
86.71
84.97
104.49
124.21
80.22
55.98
55.85
68.16
Cash Conversion Cycle
-2.30
10.19
11.22
8.79
8.52
0.85
65.74
62.73
61.81
50.47
Total Debt/Equity
0.48
0.61
0.18
0.35
0.29
0.42
0.55
0.57
0.98
0.88
Interest Cover
4.11
5.88
6.40
8.06
7.52
4.11
-3.04
5.10
5.48
5.79

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Minda corporation’s arm gets nod to manufacture display module sub-assemblies
    19th Aug 2026, 14:30 PM

    The company will set up a greenfield facility for TFT display module assembly as part of its backward integration strategy

    Read More
  • Minda Corporation gets nod to invest up to Rs 18 crore in Spark Minda Toyodenso India
    14th Aug 2026, 14:11 PM

    The Board of Directors of the company, at its meeting held on August 13, 2026, has approved the same

    Read More
  • Minda Corporation reports over three-fold jump in Q1 consolidated net profit
    14th Aug 2026, 12:28 PM

    The total consolidated income of the company has increased by 33.02% at Rs 1,847.93 crore for Q1FY27

    Read More
  • Minda Corporation - Quarterly Results
    14th Aug 2026, 00:00 AM

    Read More
  • Minda Corporation acquires additional stake in Spark Minda Green Mobility Systems
    20th Jul 2026, 14:10 PM

    The acquisition does not result in any change in the company's shareholding, which continues to remain at 100%

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  • Minda Corporation raises Rs 100 crore through Commercial Paper
    9th Jun 2026, 17:15 PM

    The said Commercial Paper has been listed on National Stock Exchange of India on June 09, 2026

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