| Revenue growth | 33% YoY growth driven by domestic demand and premiumization. |
|---|---|
| Margins | EBITDA margin at 11.5%, up 19 bps YoY. |
| Order book | Rs. 2,500 Cr new lifetime orders; 15% from EV segment. |
| Demand visibility | Strong, backed by a Rs. 2,500 Cr lifetime order book. |
| Management confidence | High; highlighted by record quarterly performance and expanding order book. |
Growth
Revenue grew 33% YoY; EBITDA increased 35.4% YoY to Rs. 212 Cr. PAT surged 216% YoY to Rs. 206 Cr.
Outlook
Lifetime order-book of Rs. 2,500 Cr in Q1; EV segments constitute over 15% of new orders. Focus on PV segment consolidation.
Risks
Potential headwinds from slowing growth in specific segments like CV and PV production volumes on a sequential (QoQ) basis.
Last quarter's promises, checked
Delivered
- Guided 15% plus revenue growth → delivered 33% (= BEAT)
- Guided 50% outperformance vs industry growth → delivered 33% vs ~10% industry (= BEAT)
- Guided consolidation of Minda VAST in FY27 → delivered consolidation completed (= BEAT)
Partly delivered
- Guided 12.5% EBITDA margin target → delivered 11.5% (= PARTIAL)
Investor Presentation filed with BSE, 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