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Minda Corporation Ltd.

630.10−12.65 (−1.97%)

BSE · 30 Oct, 4:01 PM

: ₹15,102.65 Cr
: 30.15
: 6,824
: ₹642.90 - ₹630.10
: ₹769.00 - ₹468.65

Minda Corporation Ltd. (MINDACORP) share price closed at ₹630.10 on the BSE on Friday, October 30, 2026, down by 1.97% from its of ₹642.75. In that session MINDACORP reached a of 642.90 and of 630.10. The for the session was 637.84. The stands at 673.04 and is at 614.08. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹641.40

₹642.75

₹637.84

₹673.04

Price 6.38% below

₹614.08

Price 2.61% above

Key Fundamentals

: 15,102.65 Cr₹15.10 Thousand Crore
: 20.95
: 30.15
: 5.54
: 114.00
: 789.99 Cr₹789.99 Crore
: 0.22 %
Sector
Industry: Auto Ancillary
: 11.70
: 0.48

Industry Comparison

Ratio	Company	Sector
	30.15	28.43
	0.48	0.26
	5.54	3.34
	0.94	1.56
	0.22 %	0.49 %
Operating Margin	11.45 %	12.09 %

Sector figures are the median of 162 listed Automobile & Ancillaries companies.

Peer Comparison

Name
MOTHERSON MOTHERSON	156.55	38.09	1,66,845.55	0.38	1,075.66	77.48%	35,243.77	16.65%	13.63
BOSCH LTD BOSCHLTD	47,071.90	58.70	1,38,843.75	0.57	706.10	-36.74%	5,841.90	22.00%	25.60
UNOMINDA UNOMINDA	1,077.50	51.75	62,222.09	0.25	315.51	2.10%	5,556.85	23.79%	20.74
SONACOMS SONACOMS	890.30	74.55	55,659.54	0.38	222.99	30.81%	1,535.84	34.92%	14.75
TIINDIA TIINDIA	2,120.00	67.66	41,037.33	0.17	293.96	-3.04%	6,215.33	17.07%	27.33
ENDURANCE ENDURANCE	2,278.60	32.96	32,051.44	0.51	244.52	8.03%	4,314.89	30.01%	18.33
GABRIEL(I) GABRIEL	1,421.10	91.35	27,233.14	0.35	123.97	15.80%	1,608.00	22.91%	26.37
Minda Corporation Ltd. MINDACORP	630.10	30.15	15,102.65	0.22	206.25	215.80%	1,846.31	33.22%	13.69

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	1,214.98	1,192.39	1,290.01	1,252.56	1,321.26	1,385.88	1,535.36	1,560.29	1,703.81	1,846.31
Expenses	1,076.42	1,060.61	1,143.43	1,109.00	1,168.38	1,229.59	1,357.45	1,376.77	1,500.44	1,634.68
	138.56	131.78	146.58	143.56	152.88	156.29	177.91	183.52	203.37	211.63
	11.40%	11.05%	11.36%	11.46%	11.57%	11.28%	11.59%	11.76%	11.94%	11.46%
	9.80	8.34	11.65	9.09	3.33	3.29	2.95	-0.73	8.30	125.61
Interest	12.48	9.76	11.08	11.90	34.50	32.80	30.99	28.56	29.54	31.46
	43.63	45.92	51.22	50.36	56.81	56.05	57.08	57.71	58.70	68.81
	93.40	86.30	99.50	90.83	75.20	83.87	109.92	115.86	154.90	254.84
	24.25%	25.61%	25.29%	28.66%	30.81%	22.13%	23.00%	27.27%	19.95%	19.07%
	70.75	64.20	74.34	64.80	52.03	65.31	84.64	85.70	124.61	206.03
	2.96	2.69	3.11	2.71	2.18	2.73	3.54	3.58	5.21	8.62

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	3,045.10	4,402.50	4,743.70	5,167.10	6,311.60
	2,975.90	4,300.10	4,651.10	5,056.20	6,185.30
EXPENDITURE :
Increase/Decrease in Stock	13.80	-25.40	29.60	-4.30	-48.50
Raw Material Consumed	1,862.10	2,802.70	2,894.20	3,150.80	3,948.00
Power & Fuel Cost	59.90	81.50	85.70	94.30	114.60
Employee Cost	474.20	625.50	728.50	782.50	933.50
Other Manufacturing Expenses	122.10	148.10	173.50	188.10	224.40
General and Administration Expenses	56.40	90.30	98.50	123.50	130.40
Selling and Distribution Expenses	61.90	77.30	86.80	99.30	108.50
Miscellaneous Expenses	29.90	37.00	38.70	45.80	51.90
	2,680.30	3,837.00	4,135.50	4,480.00	5,462.80
Operating Profit (Excl OI)	295.60	463.10	515.60	576.20	722.50
	24.20	15.80	15.70	32.40	15.20
	319.80	478.90	531.30	608.60	737.70
Interest	32.00	42.30	57.10	68.70	123.30
PBDT	287.80	436.60	474.20	539.90	614.40
	112.00	138.10	165.80	204.30	229.50
Profit Before Taxation & Exceptional Items	175.80	298.50	308.40	335.60	384.90
Exceptional Income / Expenses	32.70				-1.40
	208.50	298.50	308.40	335.60	383.50
Provision for Tax	24.00	4.10	83.20	96.40	106.30
	184.50	294.40	225.20	239.20	277.20
Extra items				0.00	0.00
Minority Interest					2.00
Share of Associate	7.40	-9.90	2.00	16.20	81.10
Consolidated Net Profit	191.90	284.50	227.20	255.40	360.30
Profit Balance B/F	479.50	656.90	916.30	1,305.50	1,528.20
Appropriations	671.40	941.40	1,143.50	1,560.90	1,888.50
Equity Dividend %	50.00%	60.00%	70.00%	70.00%	70.00%
	8.03	11.90	9.51	10.69	15.08
Adjusted EPS	8.03	11.90	9.51	10.69	15.08

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	47.80	47.80	47.80	47.80	47.80
Share Warrants & Outstandings	2.80	5.00	1.70	1.60	106.40
Total Reserves	1,279.50	1,538.00	1,931.10	2,152.80	2,489.30
Reserve excluding Revaluation Reserve	1,279.50	1,538.00	1,931.10	2,152.80	2,489.30
Revaluation reserve				0.00
	1,330.10	1,590.80	1,980.60	2,202.20	2,643.50
Minority Interest					15.00
Secured Loans	84.80	171.60	136.70	420.90	398.10
Deferred Tax Assets / Liabilities	12.50	-7.30	1.10	2.50	-1.70
Other Long Term Liabilities	100.90	139.00	160.90	231.50	226.40
Long Term Provisions	31.90	38.80	45.10	54.20	58.50
Total Non-Current Liabilities	230.10	342.10	343.80	709.10	681.30
Trade Payables	567.50	725.60	663.60	829.00	1,143.50
Other Current Liabilities	158.00	211.70	281.30	304.20	317.80
Short Term Borrowings	261.50	317.60	145.10	816.00	668.80
Short Term Provisions	19.90	14.00	12.40	13.20	15.00
Total Current Liabilities	1,006.90	1,268.90	1,102.40	1,962.40	2,145.10
Total Liabilities	2,567.10	3,201.80	3,426.80	4,873.70	5,484.90
Gross Block	1,385.50	1,650.60	1,947.90	2,432.80	2,698.10
Less: Accumulated Depreciation	498.50	624.90	741.20	925.40	1,096.50
	887.00	1,025.70	1,206.70	1,507.40	1,601.60
	32.50	85.20	57.60	64.80	129.10
Non Current Investments	64.20	451.30	56.90	1,475.60	1,558.40
Long Term Investment	64.20	451.30	56.90	1,475.60	1,558.40
Long Term Loans & Advances	34.90	55.00	118.00	122.00	140.50
Other Non Current Assets	3.50	1.20	2.50	5.60	9.30
Total Non-Current Assets	1,022.10	1,618.40	1,447.30	3,195.80	3,467.30
Currents Investments			290.80
Inventories	478.90	573.30	527.00	580.80	709.90
Sundry Debtors	568.80	640.90	804.40	827.50	995.00
Cash and Bank	333.40	161.90	192.00	96.70	147.10
Other Current Assets	87.60	85.40	88.70	118.70	97.90
Short Term Loans and Advances	76.30	121.90	76.60	54.20	67.70
Total Current Assets	1,545.00	1,583.40	1,979.50	1,677.90	2,017.60
Net Current Assets (Including Current Investments)	538.10	314.50	877.10	-284.50	-127.50
Total Assets	2,567.10	3,201.80	3,426.80	4,873.70	5,484.90
	55.50	48.90	83.73	2.10	99.00
Total Debt	391.40	552.60	348.20	1,344.70	1,212.20
	55.54	66.35	82.80	92.08	106.15
Adjusted Book Value	55.54	66.35	82.80	92.08	106.15

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	183.20	288.60	310.40	351.80	464.50
Adjustment	122.90	177.70	209.40	231.70	274.30
Changes In working Capital	-90.60	-44.20	-130.80	55.00	56.80
Cash Flow after changes in Working Capital	215.50	422.10	389.00	638.50	795.60
Cash Flow from Operating Activities	166.80	387.40	286.80	544.40	675.60
Cash Flow from Investing Activities	-7.30	-428.10	116.70	-1,408.70	-382.90
Cash Flow from Financing Activitie	-160.80	74.30	-358.40	788.50	-267.40
Net Cash Inflow / Outflow	-1.30	33.60	45.10	-75.80	25.30
Opening Cash & Cash Equivalents	53.10	70.80	107.90	152.10	75.90
Cash & Cash Equivalent on Amalgamation / Take over / Merger	19.00	3.50	-0.90	-0.40	1.60
Closing Cash & Cash Equivalent	70.80	107.90	152.10	75.90	102.80

Ratios

Valuation

30.15

5.54

20.47

2.27

20.95

114.00

Profitability

11.70

13.69

5.35

11.45

4.39

Leverage & Liquidity

0.48

0.94

4.11

Returns

0.22

1.22

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	64.84	64.84	64.84	64.84	64.84	64.84	64.84	64.84	64.84	64.84
	26.70	26.48	26.41	26.81	27.00	27.24	27.52	27.63	27.17	27.28
	8.46	8.67	8.75	8.34	8.15	7.92	7.64	7.53	7.99	7.88
	35.16	35.16	35.16	35.16	35.16	35.16	35.16	35.16	35.16	35.16
No. of Shareholders	89,459	93,906	96,701	92,138	93,526	96,349	92,368	89,480	98,747	1,00,704

Mutual Funds Invested(74)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 32 active funds hold 14.60% in Minda Corporation Ltd., contributing to ₹2.42K Cr of holdings

Fund				As of
KO Kotak Small Cap Fund - Growth - Direct PlanSmall cap Fund	457.78	2.39	66,07,215	Sep '26
AX Axis Small Cap Fund - Growth - Direct PlanSmall cap Fund	399.72	1.30	57,69,277	Sep '26
AX Axis Large & Mid Cap Fund - Growth - Direct PlanLarge & Mid Cap	231.42	1.41	33,40,058	Sep '26
AB Aditya Birla Sun Life Value Fund - Growth - Direct PlanEquity - Value Fund	206.54	3.10	29,81,058	Sep '26
AX Axis Multicap Fund - Growth - Direct PlanMulti Cap Fund	189.31	1.58	27,32,356	Sep '26
IP ICICI Prudential Small Cap Fund - Growth - Direct PlanSmall cap Fund	162.78	1.66	23,49,365	Sep '26
SB SBI Automotive Opportunities Fund - Growth - Direct PlanAuto	115.70	1.91	16,69,864	Sep '26
AB Aditya Birla Sun Life Small Cap Fund - Growth - Direct PlanSmall cap Fund	92.33	1.51	13,32,624	Sep '26
AX Axis India Manufacturing Fund - Growth - Direct PlanEquity - Thematic Fund - Other	77.91	1.41	11,24,450	Sep '26
MM Mahindra Manulife Mid Cap Fund - Growth - Direct PlanMid Cap Fund	73.56	1.45	10,61,707	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-26	Board Meeting	Quarterly Results
2026-09-21	Board Meeting	Fund Raising
2026-09-21	Board Meeting	Inter-alia, to consider and approve the raising of funds through issue of Non Convertible Debentures in one or more tranches, subject to requisite approvals.

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Automobile & AncillariesAuto Ancillary

Minda Corporation Ltd. operates in the Automobile & Ancillaries sector under the Auto Ancillary industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

10 members across the board and senior leadership

Ashok Minda

Chairman & Group CEO

₹14.20 Cr

Mar '26

Aakash Minda

Whole Time Director

₹2.92 Cr

Mar '26

Naresh Kumar Modi

Whole Time Director

₹2.86 Cr

Mar '26

NK Modi

Whole Time Director

₹2.61 Cr

Mar '25

Pratima Ram

Non Executive Independent Director

₹23.40 L

Mar '26

Ravi Sud

Non Executive Independent Director

₹22.90 L

Mar '26

Gajanan V Gandhe

Non Executive Independent Director

₹18.40 L

Mar '26

Laxman Ramnarayan

Non Executive Independent Director

₹19.70 L

Mar '26

Meenal Bansal

Company Secretary & Compliance Officer

—

Pardeep Mann

Company Secretary & Compliance Officer

—

MINDACORP Latest News

News

10 of 10 articles

COMPANY13 Oct 2026 · 16:11

Minda Corporation to acquire 26% stake in Sunsure Solarpark Sixteen

The objective of acquisition is to reduce the power cost by way of shifting towards the solar and wind power energy, which are cost effective and environment friendly

EQUITY6 Oct 2026 · 11:50

Minda Corporation climbs on investing Rs 18 crore in Spark Minda-Toyodenso India

The acquisition aims to support the growing operational and capital expenditure requirements of the business of subsidiary company

COMPANY6 Oct 2026 · 11:29

Minda Corporation invests Rs 18 crore in Spark Minda-Toyodenso India

The acquisition aims to support the growing operational and capital expenditure requirements of the business of subsidiary company

COMPANY11 Sept 2026 · 16:58

Minda Corporation raises Rs 100 crore through Commercial Paper

The said Commercial Paper has been listed on National Stock Exchange of India on September 11, 2026

EQUITY31 Aug 2026 · 16:40

Minda Corporation informs about investor conference

COMPANY19 Aug 2026 · 14:30

Minda corporation’s arm gets nod to manufacture display module sub-assemblies

The company will set up a greenfield facility for TFT display module assembly as part of its backward integration strategy

EQUITY17 Aug 2026 · 15:14

Minda Corporation moves up on getting nod to invest up to Rs 18 crore in Spark Minda Toyodenso India

The Board of Directors of the company, at its meeting held on August 13, 2026, has approved the same

COMPANY14 Aug 2026 · 14:11

Minda Corporation gets nod to invest up to Rs 18 crore in Spark Minda Toyodenso India

The Board of Directors of the company, at its meeting held on August 13, 2026, has approved the same

EQUITY14 Aug 2026 · 12:50

Minda Corp hits 52-week high on reporting over three-fold jump in Q1 consolidated net profit

The total consolidated income of the company has increased by 33.02% at Rs 1,847.93 crore for Q1FY27

COMPANY14 Aug 2026 · 12:28

Minda Corporation reports over three-fold jump in Q1 consolidated net profit

The total consolidated income of the company has increased by 33.02% at Rs 1,847.93 crore for Q1FY27

Minda Corporation Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(74)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

MINDACORP Latest News

News