| Revenue growth | Q4 revenue grew 29% YoY; full-year FY26 grew 22.3%. |
|---|---|
| Margins | EBITDA margin improved to 11.9%; structural expansion via premiumization. |
| Order book | Lifetime order book exceeds ₹10,000 Cr; 20% from exports. |
| Demand visibility | Strong recovery across segments, particularly 2W, PV, and commercial vehicles. |
| Management confidence | Highly optimistic, emphasizing record-breaking metrics and long-term FY30 targets. |
Growth
Strong 22.3% annual revenue growth driven by premiumization and market share gains in wiring harnesses and clusters.
Outlook
Ambitious FY30 target of ₹17,500 Cr revenue with 12.5% EBITDA margins, implying a 20%+ CAGR.
Risks
Persistent commodity price volatility (copper, aluminum) and rising labor costs in key manufacturing hubs like Haryana.
Earnings Call filed with NSE, NSE: MINDACORP. Summary written with AI assistance from the document.
Minda Corporation Ltd: key numbers
- Share price
- ₹678.85
- Market cap
- ₹16,230 Cr
- Revenue (annual)
- ₹6,185 Cr
- Net profit (annual)
- ₹360.3 Cr
- P/E (TTM)
- 32.4×Sector 33.6×
- Promoter holding
- 64.84%+0.00% QoQ
- FII holding
- 9.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Minda Corporation Ltd
All →Minda Corporation Management Change
Minda Corporation appointed Meenal Bansal as Company Secretary and Geetika Mishra as Chief Procurement Officer. Both appointments are effective from 24 September 2026.
Minda Corporation Fund Raise of ₹500 Cr
Minda Corp board approved Rs.500 Crore NCD private placement and a $1M China WOS. The NCD issuance for funding is the dominant capital decision.
- Value
- ₹500.0 Cr
Minda Corporation Debt & Borrowing: ₹100 Cr
Minda Corporation confirmed the redemption of Commercial Papers worth ₹100 Crore on September 22, 2026.
- Value
- ₹100.0 Cr
Minda Corporation Board Meeting Date
Minda Corporation has scheduled a board meeting for September 24, 2026, to consider raising funds through the issuance of non-convertible debentures.
Minda Corporation Other Announcement
Minda Corporation Limited disclosed an ESG rating of 66 assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited, which the company did not solicit.
Minda Corporation Debt & Borrowing: ₹100 Cr
Minda Corporation has completed the redemption of Commercial Papers worth Rs. 100 Crore. The payment was made on September 04, 2026.
- Value
- ₹100.0 Cr