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, securitβ¦
ISININE842C01021
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Quarters tracked13
Filings20 docs
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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 ValueβΉ110.00
52w HighβΉ769.00
52w LowβΉ468.00
Face ValueβΉ2.00
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 2026
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Sales
5,017.00
4,144.00
3,844.00
3,492.00
2,735.00
2,289.00
2,130.00
2,371.00
1,955.00
772.00
704.00
649.00
Expenses
4,437.00
3,666.00
3,406.00
3,133.00
2,468.00
2,077.00
1,888.00
2,090.00
1,748.00
693.00
618.00
577.00
Operating Profit
580.00
478.00
439.00
359.00
267.00
212.00
243.00
281.00
207.00
79.00
86.00
72.00
OPM %
12.00
12.00
11.00
10.00
10.00
9.00
11.00
12.00
11.00
10.00
12.00
11.00
Other Income
49.00
38.00
13.00
16.00
45.00
30.00
-320.00
44.00
14.00
16.00
2.00
3.00
Interest
123.00
68.00
56.00
40.00
31.00
39.00
41.00
36.00
25.00
9.00
4.00
8.00
Depreciation
191.00
171.00
136.00
110.00
103.00
90.00
82.00
62.00
49.00
20.00
18.00
17.00
Profit before tax
314.00
277.00
260.00
225.00
178.00
114.00
-201.00
228.00
148.00
67.00
65.00
49.00
Tax %
23.00
26.00
28.00
-7.00
10.00
26.00
20.00
30.00
31.00
18.00
29.00
29.00
Net Profit
242.00
206.00
188.00
241.00
160.00
84.00
-241.00
161.00
103.00
55.00
46.00
35.00
EPS in Rs
10.10
8.61
7.88
10.06
6.70
3.50
-10.61
7.07
4.90
2.61
2.22
1.67
Dividend Payout %
14.00
16.00
18.00
12.00
15.00
19.00
-3.00
10.00
12.00
19.00
18.00
24.00
Balance Sheet
Annual Β· Rs. Crores β latest first
Metric
Mar 2026
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Equity Capital
48.00
48.00
48.00
48.00
48.00
48.00
45.00
45.00
42.00
42.00
42.00
42.00
Reserves
2,172.00
1,858.00
1,686.00
1,332.00
1,120.00
974.00
816.00
1,087.00
642.00
372.00
305.00
271.00
Borrowings
1,489.00
1,625.00
538.00
729.00
492.00
532.00
393.00
399.00
417.00
160.00
85.00
78.00
Other Liabilities
991.00
845.00
735.00
736.00
579.00
646.00
612.00
451.00
399.00
148.00
130.00
101.00
Total Liabilities
4,700.00
4,376.00
3,006.00
2,844.00
2,239.00
2,201.00
1,866.00
1,982.00
1,500.00
722.00
561.00
492.00
Fixed Assets
1,274.00
1,210.00
949.00
786.00
646.00
575.00
532.00
445.00
414.00
160.00
129.00
124.00
CWIP
112.00
68.00
31.00
71.00
18.00
18.00
28.00
15.00
11.00
21.00
7.00
4.00
Investments
1,762.00
1,725.00
598.00
704.00
327.00
150.00
150.00
352.00
310.00
293.00
200.00
185.00
Other Assets
1,551.00
1,373.00
1,428.00
1,283.00
1,248.00
1,458.00
1,157.00
1,170.00
764.00
249.00
224.00
178.00
Total Assets
4,700.00
4,376.00
3,006.00
2,844.00
2,239.00
2,201.00
1,866.00
1,982.00
1,500.00
722.00
561.00
492.00
Cash Flows
Annual Β· Rs. Crores β latest first
Metric
Mar 2026
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Cash from Operating Activity
588.00
468.00
242.00
375.00
140.00
85.00
296.00
191.00
43.00
34.00
88.00
50.00
Cash from Investing Activity
-306.00
-1,368.00
144.00
-452.00
27.00
-259.00
-149.00
-432.00
-128.00
-150.00
-44.00
5.00
Cash from Financing Activity
-271.00
822.00
-354.00
108.00
-160.00
172.00
-134.00
238.00
84.00
73.00
-8.00
-51.00
Net Cash Flow
11.00
-78.00
31.00
31.00
7.00
-1.00
12.00
-3.00
0.00
-43.00
37.00
5.00
Free Cash Flow
295.00
166.00
42.00
146.00
43.00
-38.00
173.00
94.00
-89.00
-36.00
59.00
44.00
CFO/OP %
115.00
113.00
74.00
107.00
68.00
49.00
142.00
89.00
40.00
55.00
122.00
86.00
Ratios
Annual Β· Days / % β latest first
Metric
Mar 2026
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Debtor Days
52.00
55.00
58.00
50.00
60.00
68.00
56.00
69.00
79.00
68.00
58.00
59.00
Inventory Days
61.00
65.00
64.00
75.00
83.00
94.00
91.00
63.00
58.00
33.00
33.00
31.00
Days Payable
98.00
94.00
79.00
93.00
93.00
119.00
120.00
84.00
89.00
69.00
69.00
56.00
Cash Conversion Cycle
16.00
26.00
44.00
32.00
50.00
44.00
28.00
48.00
48.00
32.00
23.00
35.00
Working Capital Days
-36.00
-52.00
24.00
0.00
15.00
-12.00
-17.00
12.00
8.00
-5.00
8.00
11.00
ROCE %
12.00
12.00
14.00
15.00
13.00
11.00
15.00
20.00
21.00
15.00
18.00
15.00
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
Action
Ex Date
Record Date
Ratio
Amount (βΉ)
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