MINDA CORPORATION LTD
Latest filings
Next results: Tue, 3 Nov · Financial Results- Minda Corporation schedules conference call for Q2 and H1 FY27 results · Board & Shareholder Meetings
- Board to review September 2026 quarter and half-year results · Compliance
- Minda Corp acquires 26% stake in solar energy firm Agganga for Rs 112.2L · Fund Raising
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures automotive components across four product families — wiring harness, vehicle access systems, instrument clusters, and die-cast parts — sold mainly to Indian vehicle makers. The wiring harness business contributes 31% of revenue, vehicle access 22%, instrument clusters 17%, and die casting 15%. End-market exposure is split two/three-wheelers 48%, commercial vehicles 28%, passenger vehicles 14% and aftermarket 10%. New launches in sunroofs, TPMS, TFT clusters, and JVs covering EV axial flux motors (Turntide) and switches (Toyodenso) are ramping. Associate Flash Electronics contributes ₹1,803 crore in revenue; Minda VAST consolidation from FY27 aims to lift passenger-vehicle revenue share toward 25%. Raw materials are the biggest cost at 61.4% of revenue (employees 15.1%, other opex 10.2%); 30–40% commodity inflation in copper, zinc and aluminium in FY26 was largely passed through to customers.
Scorecard
Measured from the filed financials, judged against its Auto Components & Equipments peers · as of FY26 — not investment advice
Strengths
Concerns
Nothing flagged in the filed numbers.Charts
How has the market priced it — with filings on the timeline?
MINDACORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from MINDA CORPORATION LTD's filed financials and exchange disclosures
What does MINDA CORPORATION LTD do?
MINDA CORPORATION LTD is a Auto Components company listed on NSE and BSE, trading under the symbol MINDACORP.
Is MINDA CORPORATION LTD profitable?
Yes. Over the trailing twelve months MINDA CORPORATION LTD reported a net profit of ₹499 Cr on revenue of ₹6,646 Cr.
Does MINDA CORPORATION LTD pay a dividend?
Yes. The dividend yield is 0.23% at the current price. It paid out 10% of its profit as dividend in FY26.
Is MINDA CORPORATION LTD debt-free?
No. It reported borrowings of ₹1,212 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,109 Cr after cash. Debt stands at 0.46× equity. That is higher than 60% of its 117 Auto Components & Equipments peers.
Is MINDA CORPORATION LTD expensive compared with its peers?
On trailing P/E, MINDA CORPORATION LTD ranks 68 of 119 in Auto Components & Equipments — cheaper than 43% of them, against an industry median of 25.3×. This is a position, not a valuation judgement.
How much does the MINDA CORPORATION LTD share price move in a day?
On a typical session MINDA CORPORATION LTD moves 1.19% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
When are MINDA CORPORATION LTD's next results?
Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.
Where can I track MINDA CORPORATION LTD's announcements?
Every NSE and BSE filing by MINDA CORPORATION LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.