Avsar.

Consumer Discretionary · Auto Components & Equipments

Minda Corporation Ltd (MINDACORP)

₹632.45

Mkt cap
₹15,121 Cr
P/E ratio
37.50
P/B
5.75
Div yield
0.22%
ROE
14.70%
ROCE
12.70%
EPS (TTM)
₹16.87
Book value
₹110
52W range
469–769
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
−17.76% from high
₹632
₹469+34.99% from low₹769
Current
₹632.45
Prev close
₹640.75
Day
−1.30%
Price performance
1D
−1.66%
1W
+4.90%
1M
−6.34%
3M
−10.86%
6M
+20.60%
1Y
+11.09%
YTD
+4.97%

Financials

Revenue, profit & margin
P/E ratio
37.5×
MINDACORP is 35% above the sector median of 27.8×
MINDACORP37.5×
Sector median27.8×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales1,0751,1961,1661,2151,1921,2901,2531,3211,3861,5351,5601,7041,846
Expenses9601,0651,0361,0761,0611,1431,1091,1681,2301,3571,3771,5001,635
Operating Profit115131130139132147144153156178184203212
OPM %11%11%11%11%11%11%11%12%11%12%12%12%11%
Other Income222108129333-18126
Interest14151412101112343331293031
Depreciation39414244465150575657585969
Profit before tax6377769284969065719397123237
Tax %27%24%33%25%26%26%29%36%26%27%33%25%20%
Net Profit4559527164746552658584124206
EPS in Rs1.892.462.202.962.693.112.712.182.733.543.585.218.62
Raw PDF

Earnings

Results dates & reactions
Next results
3 Nov '26scheduled

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
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26†Q4FY26Q1FY27
Broadcast2 Nov '231 Feb '24◦22 May '24◦8 Aug '24◦12 Nov '24◦6 Feb '25◦27 May '25◦12 Aug '25◦6 Nov '255 Feb '26◦22 May '2613 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%−7.80%
FilingXBRLXBRLXBRLXBRLXBRLXBRLPDFXBRLXBRLXBRLXBRLXBRL

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

Shareholding

as of Sep 2026
64.84%Promoter
Promoters64.84%
FIIs9.36%0.06
DIIs17.92%0.05
Public6.31%0.12
Ownership trend

Peers

8 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Samvardh. Mothe.₹156.5036.501,66,7920.38%1,076+81.52%35,244+16.65%13.43%
Bosch₹47,200.0058.911,39,2220.57%706+5.20%5,842+22.00%21.54%
Bharat Forge₹1,720.0083.2484,0510.49%−90−57.72%4,640+18.71%12.61%
Uno Minda₹1,082.5051.1462,5110.24%316+1.76%5,557+23.79%19.65%
Schaeffler India₹3,574.0041.2355,8630.98%370+20.78%3,006+27.36%27.90%
Sona BLW Precis.₹890.5068.9655,6720.38%197+17.84%1,377+30.28%15.11%
Tube Investments₹2,120.0065.4841,0370.17%294−15.25%6,215+17.07%17.14%
Minda Corp₹632.4537.5215,1210.22%206+64.70%1,846+33.22%12.67%
Median: 131 Co.₹431.7027.821,5130.35%12+27.66%266+22.02%16.44%

Filings

Annual reports15
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021Annual Report 2020Annual Report 2019Annual Report 2018Annual Report 2017Annual Report 2016Annual Report 2015Annual Report 2014Annual Report 2013Annual Report 2012
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
Rating update 7 AugfitchRating update 9 JuncrisilRating update 24 AprcrisilRating update 8 Aug 2025fitchRating update 23 Apr 2025fitchRating update 24 Jan 2025crisil
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Oct - Company has scheduled an Investor Meet for Q2 Results on November 3, 2026 at 4 p.m.Board Meeting Intimation for Board Meeting Intimation 26 Oct - Board meeting on November 3, 2026 to consider Q2 and half-year FY2026-27 financial results; trading window closed.Announcement under Regulation 30 (LODR)-Acquisition 14 Oct - Minda Corporation executed a share subscription agreement for 26% stake in Agganga Private Limited, costing up to Rs.112.20 lakh.Announcement under Regulation 30 (LODR)-Acquisition 12 Oct - Executed share subscription agreement to acquire 26% of Sunsure Solarpark Sixteen for up to Rs.57.75 lakh.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Oct