NSE MINDACORP · BSE 538962 · Auto & Truck Parts · NIFTY 500
Minda Corporation Share Price
Minda Corporation Overview
Where the price stands, how it has moved and how it sits against its averages.
Minda Corporation shares last traded at ₹681.55 on the NSE, down 1.18% on the day. That is 11.4% below the 52-week high of ₹769.00 and 45.4% above the 52-week low of ₹468.65. The stock trades at 32.93× earnings, above the sector average of 31.45. Its market value is ₹16,303 Cr.
Price returns
Against the market: 1 Month ▲ +0.83% · 3 Months ▲ +6.04% · 6 Months ▲ +27.43% · This year ▲ +36.69% · 1 Year ▲ +41.45%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 2 of 6
- 50-day average₹702.72 ▼ price 3.0% below
- 20-day average₹697.40 ▼ price 2.3% below
- 10-day average₹690.59 ▼ price 1.3% below
- 5-day average₹681.85 ▼ price 0.0% below
- Today's price₹681.55
- 100-day average₹659.32 ▲ price 3.4% above
- 300-day average₹606.51 ▲ price 12.4% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Minda Corporation Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹6,185 Cr | ▲ +22.3% | ₹360 Cr | 5.8% | ₹15.07 | ₹1.40 |
| FY 2025 | ₹5,056 Cr | ▲ +8.7% | ₹255 Cr | 5.1% | ₹10.68 | ₹1.40 |
| FY 2024 | ₹4,651 Cr | ▲ +8.2% | ₹227 Cr | 4.9% | ₹9.50 | ₹1.40 |
| FY 2023 | ₹4,300 Cr | ▲ +44.5% | ₹285 Cr | 6.6% | ₹11.90 | ₹1.20 |
| FY 2022 | ₹2,976 Cr | ▲ +25.7% | ₹192 Cr | 6.4% | ₹8.02 | ₹1.00 |
| FY 2021 | ₹2,368 Cr | ▲ +6.5% | ₹53 Cr | 2.2% | ₹4.05 | ₹0.65 |
| FY 2020 | ₹2,223 Cr | — | −₹200 Cr | −9.0% | ₹6.09 | ₹0.35 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹1,846 Cr | ▲ +8.4% | ₹206 Cr | 11.2% | ₹8.62 |
| Q4 FY26 | ₹1,704 Cr | ▲ +9.2% | ₹125 Cr | 7.3% | ₹5.21 |
| Q3 FY26 | ₹1,560 Cr | ▲ +1.6% | ₹86 Cr | 5.5% | ₹3.58 |
| Q2 FY26 | ₹1,535 Cr | ▲ +10.8% | ₹85 Cr | 5.5% | ₹3.54 |
| Q1 FY26 | ₹1,386 Cr | ▲ +4.9% | ₹65 Cr | 4.7% | ₹2.78 |
| Q4 FY25 | ₹1,321 Cr | ▲ +5.5% | ₹52 Cr | 3.9% | ₹2.17 |
| Q3 FY25 | ₹1,253 Cr | ▼ −2.9% | ₹65 Cr | 5.2% | ₹2.71 |
| Q2 FY25 | ₹1,290 Cr | — | ₹74 Cr | 5.8% | ₹3.11 |
Balance sheet — FY26
- Total assets₹5,495 Cr
- Total liabilities₹2,852 Cr
- Shareholders' equity₹2,644 Cr
- Total debt₹1,472 Cr
- Cash & investments₹138 Cr
- Current ratio0.94×
- Revenue growth, 5 yr21.17% a year
- EPS growth, 5 yr30.07% a year
- Operating margin (TTM)9.88%
- Net margin (TTM)6.22%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 2,222.60 | 2,367.90 | 2,975.90 | 4,300.10 | 4,651.10 | 5,056.20 | 6,185.30 |
| Cost of revenue | 1,409.10 | 1,561.10 | 1,964.10 | 2,896.30 | 3,058.40 | 3,296.60 | 4,087.80 |
| Gross profit | 813.50 | 806.80 | 1,011.80 | 1,403.80 | 1,592.70 | 1,759.60 | 2,097.50 |
| Operating expenses | 2,061.70 | 2,242.80 | 2,757.50 | 3,970.60 | 4,299.60 | 4,683.40 | 5,692.80 |
| Operating income | 160.90 | 125.10 | 218.40 | 329.50 | 351.50 | 372.80 | 492.50 |
| Depreciation | 86.60 | 93.60 | 112.00 | 138.10 | 165.80 | 204.30 | 229.50 |
| Profit before tax | 175.00 | 124.70 | 215.90 | 288.60 | 308.40 | 335.60 | 383.50 |
| Tax | 39.40 | 31.20 | 24.00 | 4.10 | 83.20 | 96.40 | 106.30 |
| Net profit | −199.80 | 52.80 | 191.90 | 284.50 | 227.20 | 255.40 | 360.30 |
| EPS (₹) | 6.09 | 4.05 | 8.02 | 11.90 | 9.50 | 10.68 | 15.07 |
| Dividend per share (₹) | 0.35 | 0.65 | 1.00 | 1.20 | 1.40 | 1.40 | 1.40 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 2,328.50 | 2,329.80 | 2,571.90 | 3,224.30 | 3,439.00 | 4,883.10 | 5,495.40 |
| Current assets | 1,525.80 | 1,486.20 | 1,545.00 | 1,583.40 | 1,979.50 | 1,677.90 | 2,017.60 |
| Cash & short-term investments | 472.20 | 484.80 | 303.30 | 132.10 | 457.80 | 88.10 | 138.30 |
| Inventory | 422.20 | 424.90 | 509.70 | 612.00 | 550.40 | 598.00 | 731.50 |
| Property, plant & equipment | 557.60 | 592.30 | 752.90 | 949.70 | 1,107.70 | 1,411.80 | 1,575.60 |
| Total liabilities | 1,353.50 | 1,183.20 | 1,241.80 | 1,633.50 | 1,458.40 | 2,680.90 | 2,851.90 |
| Current liabilities | 1,167.50 | 1,028.70 | 1,006.90 | 1,268.90 | 1,102.40 | 1,962.40 | 2,145.10 |
| Total debt | 617.70 | 527.50 | 506.00 | 713.10 | 535.20 | 1,609.50 | 1,471.50 |
| Total equity | 975.00 | 1,146.60 | 1,330.10 | 1,590.80 | 1,980.60 | 2,202.20 | 2,643.50 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 450.40 | 66.60 | 185.10 | 387.40 | 286.80 | 544.40 | 675.60 |
| From investing | −137.20 | −174.20 | −7.30 | −428.10 | 116.70 | −1,408.70 | −382.90 |
| From financing | −249.00 | 65.20 | −160.80 | 74.30 | −358.40 | 788.50 | −267.40 |
| Capital expenditure | −148.50 | −135.00 | −108.50 | −250.70 | −252.00 | −350.10 | −394.20 |
| Dividends paid | −19.90 | −7.00 | −15.30 | −26.30 | −30.50 | −33.00 | −35.50 |
| Net change in cash | 64.40 | −41.60 | 17.70 | 37.10 | 44.20 | −76.20 | 26.90 |
What Analysts Say
Recommendations from 6 analysts who cover Minda Corporation.
▲ 6 bullish (100.0%) · 0 hold (0.0%) · ▼ 0 bearish (0.0%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | — |
| Buy | 5 | 5 | 6 | 4 | 4 | ▼ −1 |
| Hold | 0 | 0 | 0 | 0 | 0 | — |
| Sell | 0 | 0 | 0 | 0 | 0 | — |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
Minda Corporation vs Peers
Side by side with other auto & truck parts companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Minda Corporation | ₹681.55 | ▼ −1.18% | ₹16,303 Cr | 32.93 | 6.13 | 14.66% | 6.22% | 0.20% | This stock |
| Samvardhana Motherson International | ₹164.15 | ▼ −0.21% | ₹1,73,245 Cr | 35.11 | 3.70 | 9.46% | 3.24% | 0.42% | Bullish |
| Cummins India | ₹4,975.00 | ▼ −0.87% | ₹1,37,907 Cr | 62.29 | 17.82 | 26.06% | 19.45% | 1.21% | Bearish |
| Bosch | ₹47,780.00 | ▲ +0.14% | ₹1,40,932 Cr | 51.27 | 8.12 | 16.57% | 13.83% | 0.66% | Neutral |
| UNO Minda | ₹1,227.30 | ▲ +0.31% | ₹70,872 Cr | 54.82 | 9.76 | 17.67% | 6.53% | 0.23% | Bullish |
| Sona Blw Precision Forgings | ₹822.60 | ▼ −1.24% | ₹51,341 Cr | 64.60 | 7.33 | 15.61% | 14.14% | 0.51% | Bullish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Minda Corporation Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 6.07× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 111 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.20%
- Payout ratio9.10%
- 5-year average dividend₹1.28 a share
- Latest dividend₹0.80 per share · 14 Aug 2026
Corporate calendar
- Dividend₹0.80 per share · 40% · Final dividend
- BoardQuarterly Results
- BoardAudited Results, Dividend & Others
- MeetingPostal Ballot
- Dividend₹0.60 per share · 30% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardOthers
- BoardQuarterly Results
Show 14 older events
- MeetingAnnual General Meeting
- Dividend₹0.90 per share · 45% · Final dividend
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- BoardTo consider Fund Raising
- Dividend₹0.50 per share · 25% · Interim dividend
- MeetingAnnual General Meeting
- Dividend₹0.90 per share · 45% · Final dividend
- MeetingPostal Ballot
- Dividend₹0.50 per share · 25% · Interim dividend
- MeetingPostal Ballot
- Dividend₹0.80 per share · 40% · Final dividend
- Dividend₹0.40 per share · 20% · Interim dividend
About Minda Corporation
Auto & Truck Parts
Minda Corporation Limited is an India-based company engaged in manufacturing automotive components and parts thereof. Its division includes Mechatronics, Information and Connected Systems, Plastics and Interiors, Aftermarket solutions, Electronics Manufacturing, and Spark Minda Green Mobility. Its Mechatronics division includes ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. The Information and Connected Systems division includes Wiring Harness, 2W Fully Digital Cluster, Cockpit, and Connectors. Its Aftermarket solution division includes clutch, immobilizer Fuel Tank Cap, starter motorslocks, filters, and alternators. It offers products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three-wheelers, passenger vehicles, commercial vehicles, and off-road vehicles.
Key people
- Ashok MindaWhole Time Chairman of the Board, Group Chief Executive Officer
- Supratik RoyChief Executive Officer - Emerging Business
- Ashim VohraGroup Chief Operating Officer
- Pardeep MannCompliance Officer, Company Secretary
- Aakash MindaExecutive Director
- Naresh Kumar ModiExecutive Director, Chief Executive Officer of Minda Instruments Limited
Company facts
- NSE symbolMINDACORP
- BSE code538962
- ISININE842C01021
- IndustryAuto & Truck Parts
- IndexNIFTY 500
- Market cap₹16,303 Cr
- Revenue (FY26)₹6,185 Cr
- Net profit (FY26)₹360 Cr
In the News
Recent headlines about Minda Corporation — they open on Mint in a new tab.
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Stocks to buy: Axis Securities has recommended 15 stocks across largecap, midcap and smallcap segments for the month of July. The stock picks are Kotak Mahindra Bank, Bajaj Finance, Bharti Airtel, Avenue Supermarts, Chalet Hotels, Minda Corporation, Dalmia Bharat, among others.
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The Indian stock market shows a flat start with Gift Nifty trading at 24,180.5, an 88-point premium. Sensex and Nifty 50 rebounded on 1 July, ending a two-day decline as easing crude oil prices boosted market sentiment amid ongoing US-Iran diplomatic talks.
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Stocks to buy for short term: Jigar Patel recommends three promising stocks for short-term gains. With technical patterns suggesting solid entry points, you can capitalise on these insights.
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The Indian stock market is anticipated to open lower on June 10, 2026, as global tensions impact investor confidence. Despite a brief rebound on Tuesday, concerns over US-Iran hostilities and upcoming US inflation data may influence market sentiment.
10 Jun 2026 · 6 min read · Mint ↗ - Small-cap stocks to buy: Chalet Hotels, Minda Corp, Navin Fluorine among Axis Securities’ top stock picks for June
Small-cap stocks to buy: The smallcap stock picks for June are Ujjivan Small Finance Bank, Chalet Hotels, Minda Corporation, Navin Fluorine International and Kalpataru Projects International shares.
2 Jun 2026 · 3 min read · Mint ↗ - Raja Venkatraman, MarketSmith recommend five stocks for 27 May
Indian benchmark indices fell on 26 May, ending a 2-day winning streak amid profit booking and rising crude oil prices. Despite this, mid- and small-cap stocks showed resilience. Investor sentiment remains cautious due to geopolitical tensions and inflation concerns, leading to a risk-off approach.
27 May 2026 · 7 min read · Mint ↗
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