| Revenue growth | Q2 +42.6% YoY; H1 +38.1% YoY |
|---|---|
| Margins | Q2 EBITDA 11.8% vs 11.6% YoY; PAT margin 6.5% |
| Order book | EV products now 35% of order book value |
| Demand visibility | Multiple TFT, EV charger and power footstep orders secured |
Growth
Revenue +42.6% YoY vs 18.2% industry growth; H1 revenue Rs4,036 Cr (+38.1%). Normalised H1 PAT Rs243 Cr (+62%).
Outlook
No numeric FY27 guidance given. Display-module greenfield facility under ECMS; TFT SOP FY28; EV charger SOP Q1 next year.
Risks
Not explicitly discussed. Disclaimer flags macro, currency, competition, technology and regulatory risks.
Last quarter's promises, checked
Delivered
- Guided sunroof SOP in Q2 FY27 → SOP started in Q2 (= BEAT)
- Guided EBITDA margin 11.5%-12% for rest of FY27 → Q2 EBITDA 11.8% (= BEAT)
Investor Presentation filed with BSE, NSE: MINDACORP. Summary written with AI assistance from the document.
Minda Corporation Ltd: key numbers
- Share price
- ₹656.50
- Market cap
- ₹15,696 Cr
- Revenue (annual)
- ₹6,185 Cr
- Net profit (annual)
- ₹360.3 Cr
- P/E (TTM)
- 31.3×Sector 31.3×
- Promoter holding
- 64.84%+0.00% QoQ
- FII holding
- 9.36%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 Limited has appointed Mrs. Rachna Nath as an Independent Director for a five-year term. Mrs. Pratima Ram's tenure will conclude on November 9, 2026.
- Execution
- 60 months
Minda Corporation Q2 FY27 Results: Net Profit ₹143 Cr, Up 69.0% YoY
Minda Corporation Ltd reported revenue from operations of ₹2,189 Cr (+43.0% YoY) and net profit of ₹143 Cr (+69.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹143 Cr · +69.0% YoY
Minda Corporation Board Meeting Date
Minda Corporation intimated a board meeting on 03-Nov-2026 to consider unaudited Q2 FY2027 financial results. Trading window closure runs 01-Oct to 05-Nov 2026.
Minda Corporation Other Announcement
Minda Corporation Ltd filed its quarterly shareholding pattern for the quarter ended September 30, 2026, in compliance with SEBI LODR regulations.
Minda Corporation Acquisition Worth ₹1.12 Cr
Minda Corporation will acquire a 26% stake in Agganga Energy Private Limited for up to ₹1.12 Crore to shift towards renewable energy sources.
- Value
- ₹1.12 Cr
- Execution
- Approximately 6 months
Minda Corporation Acquisition Worth ₹0.58 Cr
Minda Corporation Ltd will acquire a 26% stake in Sunsure Solarpark Sixteen Pvt Ltd for up to ₹0.58 Crore, shifting toward renewable energy to reduce power costs.
- Value
- ₹0.58 Cr
- Execution
- Approximately 6 months