Minda Corporation Ltd (MINDACORP)
₹695.55
Mkt cap
₹16,802 Cr
P/E ratio
41.70
P/B
6.32
Div yield
0.20%
ROE
14.70%
ROCE
12.70%
EPS (TTM)
₹16.68
Book value
₹110
52W range
481–745
Sector
Consumer Discretionary
Price history
Previous close
Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint. It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. [1] The company was formed after a split between the businesses of the Minda brothers in 2012. Presently, NK Minda owns and operates Minda Industries Ltd and Ashok Minda is the owner of Minda Corporation Ltd. [2] Both the companies are listed on the exchanges.
NSE MINDACORPBSE 538962
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−6.67% from high₹696
₹481+44.65% from low₹745
Current
₹695.55
Prev close
₹702.80
Day
−1.03%
Price performance
1D
−0.92%
1W
−2.28%
1M
−3.51%
3M
+7.59%
6M
+32.59%
1Y
+37.31%
YTD
+15.44%
Financials
Revenue, profit & margin
P/E ratio
41.7×
MINDACORP is 44% above the sector median of 28.9×
MINDACORP41.7×
Sector median28.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,075 | 1,196 | 1,166 | 1,215 | 1,192 | 1,290 | 1,253 | 1,321 | 1,386 | 1,535 | 1,560 | 1,704 | 1,846 | |
| Expenses | 960 | 1,065 | 1,036 | 1,076 | 1,061 | 1,143 | 1,109 | 1,168 | 1,230 | 1,357 | 1,377 | 1,500 | 1,635 | |
| Operating Profit | 115 | 131 | 130 | 139 | 132 | 147 | 144 | 153 | 156 | 178 | 184 | 203 | 212 | |
| OPM % | 11% | 11% | 11% | 11% | 11% | 11% | 11% | 12% | 11% | 12% | 12% | 12% | 11% | |
| Other Income | 2 | 2 | 2 | 10 | 8 | 12 | 9 | 3 | 3 | 3 | -1 | 8 | 126 | |
| Interest | 14 | 15 | 14 | 12 | 10 | 11 | 12 | 34 | 33 | 31 | 29 | 30 | 31 | |
| Depreciation | 39 | 41 | 42 | 44 | 46 | 51 | 50 | 57 | 56 | 57 | 58 | 59 | 69 | |
| Profit before tax | 63 | 77 | 76 | 92 | 84 | 96 | 90 | 65 | 71 | 93 | 97 | 123 | 237 | |
| Tax % | 27% | 24% | 33% | 25% | 26% | 26% | 29% | 36% | 26% | 27% | 33% | 25% | 20% | |
| Net Profit | 45 | 59 | 52 | 71 | 64 | 74 | 65 | 52 | 65 | 85 | 84 | 124 | 206 | |
| EPS in Rs | 1.89 | 2.46 | 2.20 | 2.96 | 2.69 | 3.11 | 2.71 | 2.18 | 2.73 | 3.54 | 3.58 | 5.21 | 8.62 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.40% · closed higher next day 20 of last 47
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26† | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 2 Nov '23 | 1 Feb '24◦ | 22 May '24◦ | 8 Aug '24◦ | 12 Nov '24◦ | 6 Feb '25◦ | 27 May '25◦ | 12 Aug '25◦ | 6 Nov '25 | 5 Feb '26◦ | 22 May '26 | 13 Aug '26 |
| Earnings day | −0.53% | −0.15% | −2.70% | −1.84% | −3.62% | −0.44% | −1.90% | +4.14% | −3.05% | −1.86% | +7.04% | −3.29% |
| +1 day | +0.74% | +0.88% | −1.90% | +0.25% | −0.03% | −3.67% | −3.13% | +5.05% | −2.06% | −1.05% | +9.03% | −2.21% |
| +5 days | +3.08% | −1.42% | −1.50% | −0.07% | −2.41% | −10.41% | −6.10% | +6.09% | +2.36% | +0.45% | +15.26% | +0.95% |
| +15 days | +0.35% | +6.85% | +5.56% | +7.40% | +6.52% | −15.50% | −2.21% | +6.93% | −0.79% | −6.68% | +23.41% | −4.05% |
| +30 days | +13.44% | −6.20% | +15.51% | +13.03% | −1.28% | −6.80% | −6.08% | +21.21% | −1.65% | −17.55% | +27.83% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202664.84%Promoter
Promoters64.84%
FIIs9.30%0.50
DIIs17.87%0.95
Public6.43%0.46
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| MOTHERSON | ₹160.70 | 37.12 | 1,69,610 | 0.37% | 1,076 | +81.52% | 35,244 | +16.65% | 13.43% |
| BOSCHLTD | ₹46,820.00 | 58.44 | 1,38,101 | 0.58% | 706 | +5.20% | 5,842 | +22.00% | 21.54% |
| BHARATFORG | ₹1,956.00 | 92.61 | 93,514 | 0.43% | −90 | −57.72% | 4,640 | +18.71% | 12.61% |
| UNOMINDA | ₹1,249.70 | 59.04 | 72,166 | 0.21% | 316 | +1.76% | 5,557 | +23.79% | 19.65% |
| SCHAEFFLER | ₹3,956.40 | 47.90 | 61,840 | 0.88% | 337 | +13.67% | 2,681 | +17.50% | 27.90% |
| TIINDIA | ₹2,698.00 | 83.33 | 52,226 | 0.13% | 294 | −15.25% | 6,215 | +17.07% | 17.14% |
| SONACOMS | ₹789.00 | 63.34 | 49,244 | 0.43% | 220 | +73.37% | 1,157 | +50.82% | 15.11% |
| MINDACORP | ₹702.80 | 41.69 | 16,803 | 0.20% | 206 | +64.70% | 1,846 | +33.22% | 12.67% |
| Median: 128 Co. | ₹494.98 | 28.87 | 1,446 | 0.35% | 13 | +22.34% | 271 | +21.04% | 15.92% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts102
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025PPTSep 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025PPTJan 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024
Credit ratings6
Announcements5
Minda Corporation Limited Has informed Regarding Confirmation Of Redemption/ Payment Of Interest And Principal Of Commercial Papers Of INR 100 Crores. 4 Sep - Rs 100 crore commercial paper issued June 9, 2026 redeemed on September 4, 2026.Minda Corporation Limited Has informed Regarding The Record Date Updates For Redemption Of Commercial Papers: ISIN INE842C14214 - Record Date: 03.09.2026, Due Date: 04.09.2026; And ISIN INE842C14222 - Record Date: 21.09.2026, Due Date: 22.09.2026. 31 Aug - Record dates announced for ₹100 crore commercial papers maturing on 04 Sep 2026 and 22 Sep 2026.Minda Corporation Limited ('The Company') Will Be Participating In 'Elara Conference, Themed ASHWAMEDH - ELARA INDIA DIALOGUE 2026 On 3Rd September, 2026 In Mumbai, India. It Is An In-Person Conference. 31 Aug - Minda Corporation to participate in Elara Conference on 3 September 2026 in Mumbai.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 21 Aug - 41st AGM voting results: audited accounts, dividends, auditor reappointment, and director reappointment approved.Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 21 Aug - Mr. Pardeep Mann resigned as Company Secretary and Compliance Officer, effective close of business on 21 August 2026.







