NSE MINDACORP · BSE 538962 · Auto & Truck Parts · NIFTY 500
Minda Corporation Share Price
₹673.00
▼ −₹5.84 · 0.86%
Day range · 28 Sep
₹667.65Low₹677.75High
52-week range
₹468.65Low · 12 Mar 2026₹769.00High · 14 Aug 2026
Minda Corporation Overview
Where the price stands, how it has moved and how it sits against its averages.
Minda Corporation shares last traded at ₹673.00 on the NSE, down 0.86% on the day. That is 12.5% below the 52-week high of ₹769.00 and 43.6% above the 52-week low of ₹468.65. The stock trades at 32.15× earnings, above the sector average of 31.95. Its market value is ₹16,110 Cr.
Price returns
1 Day▼ −0.86%
1 Week▼ −0.97%
This month▼ −5.55%
3 Months▲ +0.38%
6 Months▲ +27.29%
This year▲ +17.23%
1 Year▲ +17.80%
Share price growth a year (CAGR): 3 years ▲ +26.8% · 5 years ▲ +39.5% · 10 years ▲ +20.2%
Against the market: 1 Month ▲ +1.00% · 3 Months ▲ +5.64% · 6 Months ▲ +27.86% · This year ▲ +36.37% · 1 Year ▲ +29.65%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 26 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 2 of 6
- 50-day average₹703.03 ▼ price 4.3% below
- 20-day average₹694.73 ▼ price 3.1% below
- 10-day average₹684.19 ▼ price 1.6% below
- 5-day average₹682.64 ▼ price 1.4% below
- Today's price₹673.00
- 100-day average₹664.24 ▲ price 1.3% above
- 300-day average₹607.86 ▲ price 10.7% above
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Minda Corporation Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
6,185
−200
360
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 |
1,846
206
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
Owes (liabilities)Shareholders' equity
52%
48%
- 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
Operating activities
▲ ₹676 Cr
Investing activities
▼ −₹383 Cr
Financing activities
▼ −₹267 Cr
Free cash flow
▲ ₹281 Cr
Net change in cash
▲ ₹27 Cr
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 |
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 |
|---|---|---|---|---|---|---|---|---|
| Minda Corporation This stock | ₹673.00 | ▼ −0.86% | ₹16,110 Cr | 32.15 | 5.99 | 14.66% | 6.22% | 0.21% |
| Samvardhana Motherson International | ₹163.00 | ▼ −1.57% | ₹1,72,031 Cr | 35.11 | 3.70 | 9.46% | 3.24% | 0.42% |
| Cummins India | ₹4,840.00 | ▼ −2.34% | ₹1,34,165 Cr | 62.29 | 17.82 | 26.06% | 19.45% | 1.21% |
| Bosch | ₹47,199.95 | ▼ −1.87% | ₹1,39,221 Cr | 51.27 | 8.12 | 16.57% | 13.83% | 0.66% |
| UNO Minda | ₹1,177.00 | ▼ −3.37% | ₹67,968 Cr | 54.82 | 9.76 | 17.67% | 6.53% | 0.23% |
| Sona Blw Precision Forgings | ₹806.25 | ▼ −2.27% | ₹50,320 Cr | 64.60 | 7.33 | 15.61% | 14.14% | 0.51% |
Peer prices and ratios as last reported by the data provider. 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.
Minda CorporationBenchmarkRule-of-thumb bands
Valuation The price against earnings, book value and sales
P/E (TTM)Price ÷ yearly earnings per share
32.15
▲ 1% above the sector average of 31.95
P/E, 12-month rangeLow 18.05 · high 54.95
38%
Today's P/E sits 38% of the way from its low to its high
P/BPrice ÷ book value per share
5.99
P/SMarket cap ÷ last 12 months' revenue
2.42
P/CFPrice ÷ cash flow per share
24.37
PEGP/E ÷ earnings growth rate
3.96
Profitability Of every ₹100 of sales, how much is kept?
Gross marginKept after the cost of goods
36.53%
▲ above its 5-yr average of 33.95%
Operating marginKept after running costs
9.88%
▲ above its 5-yr average of 7.62%
Pre-tax marginKept before tax
8.27%
▲ above its 5-yr average of 6.61%
Net marginKept as profit
6.22%
▲ above its 5-yr average of 5.26%
Returns & efficiency How well does it use its money?
Return on equityProfit on shareholders' money
14.87%
▲ above its 5-yr average of 14.66%
Return on assetsProfit on everything it owns
5.34%
▼ below its 5-yr average of 6.76%
Return on investmentProfit on long-term capital
8.86%
▼ below its 5-yr average of 10.98%
Return on capital employedProfit before interest and tax on equity + debt
12.00%
Growth Is the business getting bigger?
Revenue — last 12 months
+26.6%
▲ growing (off the scale)
Revenue — 3 yr, a year
+12.9%
▲ growing
Revenue — 5 yr, a year
+21.2%
▲ growing
Net profit — 3 yr, a year
+8.2%
▲ growing
Net profit — 5 yr, a year
+46.8%
▲ growing (off the scale)
EPS — last 12 months
+94.4%
▲ growing (off the scale)
EPS — 3 yr, a year
+8.2%
▲ growing
EPS — 5 yr, a year
+30.1%
▲ growing (off the scale)
Dividend — 3 yr, a year
+5.3%
▲ growing
Book value — 5 yr, a year
+18.1%
▲ growing
Financial strength Can it pay its bills and debts?
Debt to equityBorrowings for every ₹1 of shareholders' money
0.56×
Current ratioShort-term assets for every ₹1 due within a year
0.94×
Quick ratioLike the current ratio, without inventory
0.60×
Interest coverOperating profit ÷ interest to pay
5.35×
Payout ratioShare of profit paid as dividend
9.29%
Per share What each share stands for
EPS (TTM)
₹20.95
Book value
₹112.35
Cash flow
₹27.41
Dividend
₹1.40
Revenue
₹277.82
The share price is 5.99× 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
P/E excluding extraordinary items, most recent fiscal year45.05
Current Dividend Yield - Common Stock Primary Issue, LTM0.21
Price to Book - most recent fiscal year6.04
P/E Basic excluding extraordinary items - TTM32.93
P/E including extraordinary items - TTM32.41
P/E excluding extraordinary items low, trailing 12 months18.05
Price to Tangible Book - most fiscal year6.49
Dividend Yield - 5 Year Average0.34
Price to sales - most recent fiscal year2.58
Dividend Yield - indicated annual dividend divided by closing price0.21
Price to Cash Flow per share - trailing 12 month24.37
Peg Ratio3.96
Price to Free Cash Flow per Share - most recent fiscal year64.98
P/E Normalized, most recent fiscal year45.36
P/E excluding extraordinary items high, trailing 12 months54.95
P/E excluding extraordinary items, most recent fiscal year quarter32.41
Price to sales - trailing 12 month2.40
Net Debt, LFY13,332.00
Per share
Dividend Per Share - 5 year average1.28
Cash Flow per share - trailing 12 month27.41
Cash Flow per share - most recent fiscal year21.19
EPS including extraordinary items - trailing 12 month20.95
EPS including extraordinary items - most recent fiscal year15.07
EBITD per share - trailing 12 month32.46
Revenue/share - trailing 12 month277.82
EPS excluding extraordinary items - trailing 12 month20.95
EPS Basic excluding extraordinary items - most recent fiscal year15.31
EPS Basic excluding extraordinary items - trailing 12 month21.16
Book value per share - most recent fiscal year112.34
Dividend per share - most recent fiscal year1.40
Revenue/share - most recent fiscal year258.71
EPS Normalized - most recent fiscal year14.96
Book value (tangible) per share - most recent fiscal year104.54
Dividends per share - trailing 12 month1.40
EPS excluding extraordinary items - most recent fiscal year15.07
Cash per share - most recent fiscal year5.88
Margins
Operating margin - trailing 12 month9.88
Gross Margin - 5 year average33.95
Operating margin - 1st historical fiscal year7.96
Operating Margin - 5 year average7.62
Net Profit Margin % - 1st historical fiscal year4.48
Gross Margin - 1st historical fiscal year33.91
Net Profit Margin % - trailing 12 month6.22
Net Profit Margin - 5 year average5.26
Pretax Margin - 5 year average6.61
Pretax margin - 1st historical fiscal year6.20
Pretax margin - trailing 12 month8.27
Free Operating Cash Flow/Revenue, 5 Year Average2.52
Gross Margin - trailing 12 month36.53
Growth
EPS Change %, TTM over TTM94.44
Revenue growth rate, 5 year21.17
EPS growth rate, 5 year30.07
Revenue Change % - most recent quarter 1 year ago33.22
Growth rate% - dividend, 3 year5.27
Growth rate% - EPS, 3 year8.19
Revenue/share (5 yr growth)20.34
Tangible Book Value, Total Equity, 5 Year CAGR17.29
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR23.69
Capital Spending growth rate, 5 year23.90
Revenue Change %, TTM over TTM26.59
Growth rate% - Revenue, 3 year12.88
Book value per share growth rate, 5 year18.10
EPS Change % - most recent quarter 1 year ago210.07
Net Profit Margin growth rate, 5 year2.56
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR27.03
Total Debt, 5 Year CAGR22.77
Financial strength
Net Interest coverage - most recent fiscal year5.35
Free Cash Flow - most recent fiscal year2,459.00
LT debt/equity - most recent fiscal year0.23
Quick ratio - most recent fiscal year0.60
Payout ratio - trailing 12 month6.55
Current ratio - most recent fiscal year0.94
Current EV/Free Cash Flow, LFY225.01
Total debt/total equity - most recent fiscal year0.56
Net Interest coverage - trailing 12 month4.43
Payout ratio - most recent fiscal year9.10
Returns & efficiency
Return on average equity - 5 year average14.66
Net Income/employee - trailing 12 month12,14,126.00
Revenue/employee - most recent fiscal year1,82,13,490.00
Return on investment - most recent fiscal year8.86
Return on average assets - most recent fiscal year5.34
Receivables turnover - most recent fiscal year6.79
Inventory turnover - most recent fiscal year6.15
Revenue/employee - trailing 12 month1,95,17,560.00
Return on average assets - 5 year average6.76
Net Income/employee - most recent fiscal year8,16,254.40
Asset turnover - most recent fiscal year1.19
Return on average equity - most recent fiscal year14.87
Return on investment - 5 year average10.98
Price & volume
Market Cap16,087.44
52 week Low Date12 Mar 2026
Price - 1 Day % Change−0.21
Relative (S&P500) price percent change - 13 week5.64
Avg trading volume last 10 days0.13
Price - 13 week price percent change1.25
Price - 52 week price percent change18.05
Avg Trading Volume Last 3 months9.08
Price - 5 Day % Change−1.82
Price % Change Month To Date−4.73
Relative (S&P500) price percent change - 04 week1.00
52 week High Date14 Aug 2026
Price - 26 week price percent change28.40
PDATE25 Sep 2026
Price - YTD price percent change18.25
Relative (S&P500) price percent change - 52 week29.65
NPRICE678.85
Relative (S&P500) price percent change - 26 week27.86
52 week Low468.50
52 week High769.00
Beta0.91
Relative (S&P500) price percent change - Year to Date36.37
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
₹1.40
₹1.40
- Dividend yield0.21%
- Payout ratio9.29%
- 5-year average dividend₹1.28 a share
- Latest dividend₹0.80 per share · 14 Aug 2026
Corporate calendar
- BoardTo approve the raising of funds
- 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
Show 14 older events
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹0.90 per share · 45% · Final dividend
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- 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₹16,110 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.
- Can these five smallcap auto ancillaries ride India’s next auto boom?
India’s auto ancillary sector is finding new growth avenues beyond vehicle volumes, with these five smallcaps expanding capacity, entering new segments and targeting higher content per vehicle.
12 Aug 2026 · 11 min read · Mint ↗
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Frequently Asked Questions
Minda Corporation (NSE: MINDACORP) last traded at ₹673.00 on the NSE, down 0.86% (₹5.84) on the day, as of 28 Sep 2026. The day's range was ₹667.65 – ₹677.75.
Minda Corporation's 52-week high is ₹769.00 (14 Aug 2026) and its 52-week low is ₹468.65 (12 Mar 2026). At ₹673.00 the share is 12.5% below its high and 43.6% above its low.
Minda Corporation's market capitalisation is ₹16,110 Cr (₹16,110 Cr). It is part of the NIFTY 500 index.
Minda Corporation's P/E ratio (trailing 12 months) is 32.15. The sector average is 31.95, so investors pay 1% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹20.95.
Minda Corporation shares are up 17.80% over the last year, up 17.23% so far this year, up 27.29% over 6 months, up 0.38% over 3 months. Over the last year the stock did 29.65% better than the market.
In FY26 (year to Mar 2026), Minda Corporation reported revenue of ₹6,185 Cr (up 22.33% on the year before) and a net profit of ₹360 Cr. Earnings per share were ₹15.07.
Yes. Minda Corporation's latest dividend is ₹0.80 per share (40%, final dividend), with an ex-date of 14 Aug 2026. The dividend yield is 0.21%. It has paid 8 dividends in the records shown on this page.
As of Jun 2026: Promoter 64.84%, FII 9.29%, MF 14.74%, Other 11.13%.
Minda Corporation's listed peers in Auto & Truck Parts include Samvardhana Motherson International, Cummins India, Bosch, UNO Minda, Sona Blw Precision Forgings. By market capitalisation it ranks #6 of 6 in this group.
No. Minda Corporation has debt — its debt-to-equity ratio is 0.56 and total debt was ₹1,472 Cr in FY26. Its operating profit covers interest 5.35 times.