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Earnings Call

Minda Corporation Earnings Call: Key Takeaways

Minda Corp reported record FY26 consolidated revenue of ₹6,185 Cr (up 22.3%) and PAT of ₹358 Cr (up 40.3%), driven by premiumization and strategic JVs.

Highlights
Revenue growth22.3% YoY for FY26.
MarginsEBITDA margin at 11.7%, up 29 bps YoY.
Order bookLifetime order book exceeds ₹10,000 Cr.
Demand visibilityPositive momentum expected despite macro risks.
Management confidenceHigh, citing record performance and strong order book.

Growth

Q4 revenue grew 29% YoY to ₹1,704 Cr; FY26 EBITDA margin improved 29 bps to 11.7%.

Outlook

Final dividend of 40% recommended; lifetime order book exceeded ₹10,000 Cr; focusing on EV and advanced electronics.

Risks

Potential geopolitical and commodity price risks impacting the global automotive industry recovery.

Source

Earnings Call filed with NSE, NSE: MINDACORP. Summary written with AI assistance from the document.

Read 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.

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13:05 IST BSE
Management Change

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.

12:44 IST BSE
Fund Raise

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
17:43 IST NSE
Debt & Borrowing

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
17:13 IST BSE
Board Meeting Date

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.

17:04 IST NSE
Other Announcement

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.

15:45 IST NSE
Debt & Borrowing

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