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MC

Minda Corporation Limited

MINDACORP BSE Automobile and Auto Components Consumer Cyclical

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, securit…

ISIN INE842C01021
Listed β€”
Quarters tracked 13
Filings 20 docs

About

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 as traction motors, motor controllers, vehicle control units, magnetos, alternators, regulator-rectifiers, and on-board chargers for two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles. The company serves passenger and commercial vehicles, motorcycles and scooters, off-road vehicles, tier 1 manufacturers, and agricultural equipment customers, as well as original equipment manufacturers. It exports its products. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India.

Key Metrics

as of Sep 2026
Market Cap16,822 Cr
P/E41.70
Div Yield0.20 %
Book Valueβ‚Ή110.00
52w Highβ‚Ή769.00
52w Lowβ‚Ή468.00
Face Valueβ‚Ή2.00

Quarterly Results

Rs. Crores Β· hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023
Sales 1,401.00 1,370.00 1,263.00 1,249.00 1,135.00 1,083.00 1,037.00 1,058.00 967.00 1,005.00 969.00 990.00 880.00
Expenses 1,239.00 1,200.00 1,116.00 1,111.00 1,011.00 961.00 914.00 934.00 859.00 883.00 856.00 879.00 789.00
Operating Profit 161.00 170.00 148.00 137.00 124.00 122.00 123.00 124.00 108.00 122.00 113.00 111.00 91.00
OPM % 12.00 12.00 12.00 11.00 11.00 11.00 12.00 12.00 11.00 12.00 12.00 11.00 10.00
Other Income 2.00 8.00 26.00 4.00 10.00 6.00 10.00 13.00 9.00 9.00 2.00 2.00 2.00
Depreciation 50.00 49.00 48.00 48.00 47.00 48.00 42.00 42.00 38.00 36.00 34.00 34.00 32.00
Interest 31.00 30.00 29.00 31.00 33.00 34.00 12.00 11.00 10.00 12.00 14.00 15.00 14.00
Profit before tax 82.00 100.00 97.00 63.00 54.00 46.00 79.00 83.00 70.00 83.00 67.00 64.00 47.00
Tax % 26.00 26.00 19.00 25.00 23.00 26.00 27.00 25.00 26.00 25.00 34.00 26.00 26.00
Net Profit 61.00 73.00 79.00 47.00 42.00 34.00 58.00 63.00 52.00 62.00 44.00 48.00 35.00
EPS in Rs 2.56 3.07 3.32 1.97 1.75 1.41 2.42 2.62 2.16 2.57 1.85 2.00 1.46

Profit & Loss

Annual Β· Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Sales 5,017.004,144.003,844.003,492.002,735.002,289.002,130.002,371.001,955.00772.00704.00649.00
Expenses 4,437.003,666.003,406.003,133.002,468.002,077.001,888.002,090.001,748.00693.00618.00577.00
Operating Profit 580.00478.00439.00359.00267.00212.00243.00281.00207.0079.0086.0072.00
OPM % 12.0012.0011.0010.0010.009.0011.0012.0011.0010.0012.0011.00
Other Income 49.0038.0013.0016.0045.0030.00-320.0044.0014.0016.002.003.00
Interest 123.0068.0056.0040.0031.0039.0041.0036.0025.009.004.008.00
Depreciation 191.00171.00136.00110.00103.0090.0082.0062.0049.0020.0018.0017.00
Profit before tax 314.00277.00260.00225.00178.00114.00-201.00228.00148.0067.0065.0049.00
Tax % 23.0026.0028.00-7.0010.0026.0020.0030.0031.0018.0029.0029.00
Net Profit 242.00206.00188.00241.00160.0084.00-241.00161.00103.0055.0046.0035.00
EPS in Rs 10.108.617.8810.066.703.50-10.617.074.902.612.221.67
Dividend Payout % 14.0016.0018.0012.0015.0019.00-3.0010.0012.0019.0018.0024.00

Balance Sheet

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Equity Capital 48.0048.0048.0048.0048.0048.0045.0045.0042.0042.0042.0042.00
Reserves 2,172.001,858.001,686.001,332.001,120.00974.00816.001,087.00642.00372.00305.00271.00
Borrowings 1,489.001,625.00538.00729.00492.00532.00393.00399.00417.00160.0085.0078.00
Other Liabilities 991.00845.00735.00736.00579.00646.00612.00451.00399.00148.00130.00101.00
Total Liabilities 4,700.004,376.003,006.002,844.002,239.002,201.001,866.001,982.001,500.00722.00561.00492.00
Fixed Assets 1,274.001,210.00949.00786.00646.00575.00532.00445.00414.00160.00129.00124.00
CWIP 112.0068.0031.0071.0018.0018.0028.0015.0011.0021.007.004.00
Investments 1,762.001,725.00598.00704.00327.00150.00150.00352.00310.00293.00200.00185.00
Other Assets 1,551.001,373.001,428.001,283.001,248.001,458.001,157.001,170.00764.00249.00224.00178.00
Total Assets 4,700.004,376.003,006.002,844.002,239.002,201.001,866.001,982.001,500.00722.00561.00492.00

Cash Flows

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Cash from Operating Activity 588.00468.00242.00375.00140.0085.00296.00191.0043.0034.0088.0050.00
Cash from Investing Activity -306.00-1,368.00144.00-452.0027.00-259.00-149.00-432.00-128.00-150.00-44.005.00
Cash from Financing Activity -271.00822.00-354.00108.00-160.00172.00-134.00238.0084.0073.00-8.00-51.00
Net Cash Flow 11.00-78.0031.0031.007.00-1.0012.00-3.000.00-43.0037.005.00
Free Cash Flow 295.00166.0042.00146.0043.00-38.00173.0094.00-89.00-36.0059.0044.00
CFO/OP % 115.00113.0074.00107.0068.0049.00142.0089.0040.0055.00122.0086.00

Ratios

Annual Β· Days / % β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Debtor Days 52.0055.0058.0050.0060.0068.0056.0069.0079.0068.0058.0059.00
Inventory Days 61.0065.0064.0075.0083.0094.0091.0063.0058.0033.0033.0031.00
Days Payable 98.0094.0079.0093.0093.00119.00120.0084.0089.0069.0069.0056.00
Cash Conversion Cycle 16.0026.0044.0032.0050.0044.0028.0048.0048.0032.0023.0035.00
Working Capital Days -36.00-52.0024.000.0015.00-12.00-17.0012.008.00-5.008.0011.00
ROCE % 12.0012.0014.0015.0013.0011.0015.0020.0021.0015.0018.0015.00

Shareholding Pattern

% holding β€” latest first
Holder Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023
Promoters 64.84 64.84 64.84 64.84 64.84 64.84 64.84 64.84 64.84 64.84 64.84 64.84
FIIs 9.30 8.80 9.09 8.72 8.83 8.33 7.98 7.62 6.07 5.07 3.73 5.53
DIIs 17.87 18.82 18.43 18.52 18.17 18.48 18.42 18.87 20.63 20.60 16.81 13.20
Public 6.43 5.97 6.08 6.35 6.58 6.77 7.16 7.07 6.86 7.90 12.99 14.78
No. of Shareholders 98,747 89,480 92,368 96,349 93,526 92,138 96,701 93,906 89,459 100,689 98,238 96,387

Corporate Actions

29 records
ActionEx DateRecord DateRatioAmount (β‚Ή)Notes
Dividend 14 Aug 2026 14 Aug 2026 β€” 0.80
Dividend 13 Feb 2026 13 Feb 2026 β€” 0.60
Dividend 14 Aug 2025 14 Aug 2025 β€” 0.90
Dividend 12 Feb 2025 12 Feb 2025 β€” 0.50
Dividend 07 Aug 2024 β€” β€” 0.90
Dividend 14 Feb 2024 14 Feb 2024 β€” 0.50
Dividend 21 Jul 2023 β€” β€” 0.80
Dividend 17 Feb 2023 18 Feb 2023 β€” 0.40
Dividend 21 Jul 2022 β€” β€” 0.70
Dividend 15 Feb 2022 16 Feb 2022 β€” 0.30
Dividend 01 Jul 2021 β€” β€” 0.35
Dividend 15 Feb 2021 16 Feb 2021 β€” 0.30
Dividend 17 Feb 2020 19 Feb 2020 β€” 0.35
Dividend 19 Sep 2019 β€” β€” 0.45
Dividend 21 Feb 2019 23 Feb 2019 β€” 0.25
Dividend 19 Jul 2018 β€” β€” 0.35
Dividend 22 Feb 2018 23 Feb 2018 β€” 0.25
Dividend 10 Aug 2017 β€” β€” 0.30
Dividend 01 Mar 2017 02 Mar 2017 β€” 0.20
Dividend 14 Sep 2016 β€” β€” 0.30
Dividend 23 Feb 2016 24 Feb 2016 β€” 0.20
Dividend 02 Sep 2015 β€” β€” 0.20
Dividend 27 Feb 2015 02 Mar 2015 β€” 0.20
Split 05 Jan 2015 06 Jan 2015 10:2 β€”
Bonus 05 Jan 2015 06 Jan 2015 1:1 β€”
Other 03 Sep 2014 β€” β€” β€” Annual General Meeting / Divividend - Rs 2/- Per Share
Other 16 Sep 2013 β€” β€” β€” Annual General Meeting / Div Of Rs. 2/- Per Equity Share
Other 12 Sep 2012 β€” β€” β€” Annual General Meeting / Div Of Rs. 3/- Per Equity Share
Bonus 27 Mar 2012 28 Mar 2012 1:1 β€”

Announcements

5 filings