Minda Corporation Limited has informed the Exchange about Transcript
MINDACORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Minda Corporation reported record-breaking Q4 FY26 performance with quarterly revenue of INR 1,704 crores (29% YoY), EBITDA of INR 203 crores (11.9% margin) and PAT of INR 124 crores. For full year FY26, revenue reached INR 6,185 crores (22.3% growth), EBITDA was INR 721 crores (11.7% margin, +29bps expansion) and PAT was INR 358 crores (40.3% YoY growth). The company secured INR 10,000 crores lifetime order book in FY26. New JVs with Turntide (UK) for EV axial flux motors and Toyodenso (Japan) for switches are progressing, with operations expected to start Q4 FY27. Minda VAST consolidation from FY27 will boost Passenger Vehicle revenue contribution to 25%. Management guided for ~20% growth in FY27 to stay on track for INR 17,500 crore FY30 revenue target with 12.5% EBITDA margin. Capex for FY27 is expected at INR 400-450 crores.
Strong execution with margin expansion despite commodity inflation (30-40% rise in steel, aluminum, copper) and labor cost pressures from state minimum wage hikes. The company is well-positioned to achieve its FY30 targets through new product launches, premiumization, and EV content gains. Shareholders can expect continued outperformance versus industry growth rates.