Minda Corporation
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Minda Corporation

597.95
-5.10
(-0.85%)
Market Cap
14,295.80 Cr
PE Ratio
53.63
Volume
3,42,761.00
Day High - Low
606.00 - 596.10
52W High-Low
619.95 - 445.05
ann
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Key Fundamentals
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Market Cap
14,295.80 Cr
EPS
10.85
PE Ratio
53.63
PB Ratio
5.87
Book Value
102.04
EBITDA
607.10
Dividend Yield
0.23 %
Industry
Automobiles
Return on Equity
10.86
Debt to Equity
0.51
Analyst Rating and Forecast
- By Refinitiv from6 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+83.33 %
+83.33 %
Hold
Hold+16.67 %
+16.67 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
negative
Minda Instruments Limited, material subsidiary of Minda Corporation, received GST penalty order of ₹17.26 crores from Maharashtra tax authorities for FY 2021-22 classification issues.
neutral
Minda Corporation Limited has issued and allotted commercial paper worth ₹100 crores with a discount rate of 6.35% p.a., maturing on March 19, 2026. The paper is listed on NSE.
positive
Minda Corporation's board approves ESOP grants worth ₹9 crores total, including 57,388 options effective December 20, 2025, with exercise price at face value of ₹2 per option.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
120.83
#1 1,27,529.30
#1 35.95
#1 1,14,220.30
15.51
#1 4,146
-10.88
58.83
38,960.00
1,14,907.20
42.83
18,901.30
8.32
2,013
3.32
67.89
1,320.90
76,234.90
64.82
16,803.90
#1 19.48
1,021
21.26
60.24
1,474.70
70,503.70
65.33
15,336.60
-3.60
913
#1 23.02
64.54
3,786.10
59,178.10
55.47
8,350.70
13.22
939
22.38
41.50
2,549.00
49,325.40
47.26
19,835.70
15.71
1,054
0.94
34.99
2,569.50
36,143.30
40.93
11,677.80
13.09
836
11.97
43.69
51.16
33,927.60
55.62
9,332.20
11.96
606
8.68
66.61
363.80
30,923.00
38.89
17,350.60
2.91
801
-25.62
44.36
476.45
29,621.90
48.75
3,681.50
14.73
600
18.73
44.01

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
9.04 %
Net Income Growth
6.22 %
Cash Flow Change
89.82 %
ROE
-4.49 %
ROCE
-11.55 %
EBITDA Margin (Avg.)
5.02 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
489
527
622
656
642
493
565
528
525
590
664
644
729
788
791
810
785
594
570
559
555
188
664
755
801
569
739
775
952
1,015
1,152
1,073
1,077
1,076
1,198
1,168
1,225
1,201
1,302
1,262
1,325
1,389
1,538
Expenses
449
482
558
588
595
440
495
475
486
537
580
565
643
705
691
714
689
527
497
474
814
204
591
658
747
528
654
660
840
904
1,023
954
958
960
1,065
1,036
1,076
1,061
1,143
1,109
1,168
1,230
1,357
EBITDA
40
45
64
68
47
53
70
53
40
53
84
80
86
83
100
96
95
67
72
85
-260
-16
72
97
55
41
85
116
112
111
128
119
119
117
133
132
148
140
158
153
156
160
181
Operating Profit %
5 %
8 %
9 %
10 %
6 %
10 %
10 %
7 %
6 %
8 %
11 %
11 %
11 %
9 %
11 %
7 %
11 %
10 %
11 %
13 %
-52 %
-15 %
10 %
11 %
6 %
6 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
11 %
12 %
11 %
12 %
Depreciation
21
15
19
21
19
14
15
15
14
16
19
19
20
21
22
22
24
21
21
22
22
20
25
24
24
25
27
27
33
32
34
34
39
39
41
42
44
46
51
50
57
56
57
Interest
6
9
10
10
4
6
7
7
7
8
9
10
11
11
12
13
13
11
9
8
11
8
11
10
8
7
8
9
8
8
10
11
12
14
15
14
13
10
11
12
35
33
31
Profit Before Tax
30
28
41
43
35
33
48
32
19
29
57
50
56
51
66
62
58
35
42
55
-293
-44
37
63
23
9
50
80
72
71
85
74
69
63
77
76
92
84
96
90
65
71
93
Tax
8
6
12
9
9
7
9
10
2
6
14
12
17
14
19
17
16
14
5
14
7
-9
11
14
10
1
11
11
-4
19
27
22
-53
18
18
23
22
20
22
26
13
5
8
Net Profit
22
22
29
34
26
26
39
21
16
23
42
38
39
36
46
45
42
21
37
42
-300
-35
26
50
13
7
39
70
76
53
58
52
122
45
59
53
71
64
74
65
52
65
85
EPS in ₹
1.26
0.97
1.39
1.51
1.26
1.22
1.86
1.02
0.78
1.10
2.01
1.81
1.85
1.71
2.08
2.01
1.89
0.93
1.67
2.00
-13.47
-1.59
1.16
2.20
0.55
0.30
1.66
1.58
3.23
2.23
2.46
2.22
5.19
1.92
2.50
2.23
3.01
2.73
3.16
2.75
2.21
2.78
3.60

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,422
1,771
1,555
2,059
2,452
2,329
2,330
2,572
3,224
3,439
4,883
Fixed Assets
571
719
530
711
732
570
613
887
1,026
1,207
1,507
Current Assets
786
1,007
784
1,129
1,449
1,526
1,486
1,545
1,583
1,980
1,678
Capital Work in Progress
15
13
74
16
21
28
18
33
85
63
85
Investments
0
0
126
139
165
176
181
64
451
348
1,476
Other Assets
836
1,039
825
1,192
1,534
1,554
1,519
1,588
1,662
1,821
1,815
Total Liabilities
1,422
1,771
1,555
2,059
2,452
2,329
2,330
2,572
3,224
3,439
4,883
Current Liabilities
723
962
715
1,002
1,071
1,168
1,029
1,007
1,269
1,102
1,962
Non Current Liabilities
208
177
219
320
186
186
155
235
365
356
719
Total Equity
491
631
622
737
1,195
975
1,147
1,330
1,591
1,981
2,202
Reserve & Surplus
406
507
581
696
1,145
925
1,095
1,278
1,539
1,929
2,150
Share Capital
61
61
42
42
45
45
48
48
48
48
48

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
13
39
-43
-8
11
64
-42
18
37
44
-76
Investing Activities
-53
-158
-158
-200
-402
-137
-192
12
-425
116
-1,409
Operating Activities
304
226
48
70
209
450
86
167
387
287
544
Financing Activities
-238
-29
67
122
203
-249
65
-161
74
-358
789

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
64.73 %
64.73 %
64.73 %
64.73 %
64.73 %
64.73 %
65.84 %
64.73 %
64.73 %
64.73 %
64.84 %
64.84 %
64.84 %
64.84 %
64.84 %
64.84 %
64.84 %
64.84 %
64.84 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
5.67 %
0.00 %
0.00 %
5.08 %
6.07 %
7.62 %
7.99 %
8.33 %
8.83 %
8.73 %
DIIs
5.59 %
7.89 %
7.53 %
8.01 %
8.43 %
8.27 %
7.75 %
13.85 %
11.83 %
6.91 %
13.19 %
16.66 %
20.60 %
20.63 %
18.86 %
18.42 %
18.48 %
18.17 %
18.52 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
13.38 %
12.08 %
12.74 %
12.34 %
12.40 %
12.78 %
13.36 %
12.98 %
12.46 %
11.82 %
11.41 %
10.30 %
5.54 %
4.69 %
4.87 %
5.03 %
4.72 %
4.69 %
4.51 %
Others
16.30 %
15.30 %
15.00 %
14.92 %
14.44 %
14.22 %
13.06 %
8.44 %
10.98 %
10.88 %
10.56 %
8.19 %
3.94 %
3.76 %
3.81 %
3.72 %
3.62 %
3.46 %
3.41 %
No of Share Holders
0
0
49,201
50,767
64,509
75,060
83,653
96,666
95,263
92,320
96,387
98,238
1,00,689
89,459
93,906
96,701
92,138
93,526
96,349

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.5 0.6 0.7 0.35 0.65 1 1.2 1.4 1.4 0.00
Dividend Yield (%) 0.28 0.44 1.21 0.35 0.31 0.47 0.29 0.26 0.23 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
16 Feb 2021 DIVIDEND Dividend
₹ 0.30 /share
15 Feb 2021 97.30 95.10
05 Jul 2021 DIVIDEND Dividend
₹ 0.35 /share
01 Jul 2021 107.20 125.90
16 Feb 2022 DIVIDEND Dividend
₹ 0.30 /share
15 Feb 2022 200.55 191.10
25 Jul 2022 DIVIDEND Dividend
₹ 0.70 /share
21 Jul 2022 195.55 225.30
18 Feb 2023 DIVIDEND Dividend
₹ 0.40 /share
17 Feb 2023 208.30 204.10
24 Jul 2023 DIVIDEND Dividend
₹ 0.80 /share
21 Jul 2023 271.25 299.95
14 Feb 2024 DIVIDEND Dividend
₹ 0.50 /share
14 Feb 2024 412.50 405.25
07 Aug 2024 DIVIDEND Dividend
₹ 0.90 /share
07 Aug 2024 425.10 512.95
14 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
14 Aug 2024 425.10 512.95
12 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2024 518.75 499.50
06 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Feb 2025 544.50 577.90
12 Feb 2025 DIVIDEND Dividend
₹ 0.50 /share
12 Feb 2025 577.90 537.15
27 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 May 2025 517.20 523.75
12 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Aug 2025 496.05 459.65
14 Aug 2025 DIVIDEND Dividend
₹ 0.90 /share
14 Aug 2025 523.75 490.85
22 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
22 Aug 2025 523.75 500.10
06 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2025 567.50 591.85

Announcements

Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 201519 hours ago
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20181 day ago
Intimation Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Cancellation Of Board Meeting7 days ago
Closure of Trading WindowDec 26, 2025
Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (The Listing Regulations) And Closure Of Trading WindowDec 23, 2025
Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Dec 22, 2025
Grant Of Employee Stock Options Under Minda Corporation Employee Stock Option Scheme 2017Dec 20, 2025
Redemption Of Commercial PaperDec 12, 2025
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 ESG RatingsDec 11, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 11, 2025
Notice For Transfer Of Equity Shares Of The Company To The Investor Education And Protection Fund (IEPF) AccountDec 09, 2025
Newspaper Clippings For Transfer Of Equity Shares Of The Company To The Investor Education And Protection Fund (IEPF) AccountDec 09, 2025
Schedule Of Analyst/Institutional Investor Meeting Intimation Under The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Dec 05, 2025
Record Date For Commercial Paper Of Minda Corporation LimitedDec 02, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementDec 01, 2025
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)Nov 14, 2025
Schedule Of Analyst/Institutional Investor Meeting Intimation Under The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 13, 2025
Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015-Transcription Of Conference Call With Investors/Analysts Held On November 06 2025Nov 11, 2025
Schedule Of Analyst/Institutional Investor Meeting Intimation Under The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 07, 2025
Clipping Of The Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended On September 30 2025 Published In The Newspapers Under Regulation 47 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 07, 2025
Audio Recording Of The Earning Call On Financial Results For Quarter Ended September 30 2025Nov 06, 2025
Monitoring Agency Report On The Utilization Of Proceeds Raised Through Issuance Of Share Warrants On Preferential Basis For The Quarter Ended September 30 2025Nov 06, 2025
Earnings Presentation On The Un-Audited Financial Results For Q2 And Half Year Ended On September 30 2025Nov 06, 2025
Press Release On Financial Results For Q2 Ended On September 30 2025Nov 06, 2025
Un-Audited Financial Results For The Quarter & Half Year Ended On September 30 2025Nov 06, 2025
Board Meeting Outcome for Proceedings Of Board Meeting Of Minda Corporation Limited Held On Thursday November 06 2025 Along With Un-Audited Financial Results For The Quarter And Half Year Ended On September 30 2025 And Limited Review Report (LRR)Nov 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 28, 2025
Board Meeting Intimation for Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Consideration Of Un Audited Financial Results For The Quarter And Half Year Ended On September 30 2025Oct 24, 2025
Minda Corporation Limited Has Informed The Exchange Regarding Issue Of Commercial PaperOct 16, 2025
Minda Corporation Limited Has Informed The Exchange Regarding Issue Of Commercial PaperOct 15, 2025
Compliances-Certificate Under Reg. 74 (5) Of SEBI (DP) Regulations 2018Oct 06, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 01, 2025
Closure of Trading WindowSep 23, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationSep 23, 2025
Redemption Of Commercial Paper Of Rs. 100 Crores As On September 192025Sep 19, 2025
Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 15, 2025
Schedule Of Analyst/Institutional Investor Meeting Intimation Under The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 15, 2025
Redemption Of Commercial Paper Of Rs.100 Crores On September 122025Sep 12, 2025
Redemption Of Commercial Paper Of Rs.100 CroresSep 09, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 01, 2025
Record Date For Commercial Paper Of Minda Corporation LimitedAug 27, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 25, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 22, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 18, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 12, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 12, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 12, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 12, 2025
Un-Audited Financial Results For The Quarter Ended On June 30 2025Aug 12, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Quant Small Cap Fund Direct Plan-Growth
0.00%
-7303592
-1.41%
-1.35%
Axis Small Cap Fund Direct-Growth
0.00%
-5769277
-1.25%
-1.20%
Kotak Small Cap Fund Direct-Growth
0.00%
-5227469
-1.74%
-1.63%
Aditya Birla Sun Life Value Direct Fund-Growth
0.00%
-3165665
-2.89%
-2.83%
Axis Multicap Fund Direct-Growth
0.00%
-2947323
-1.85%
-1.83%
Edelweiss Balanced Advantage Fund Direct-Growth
0.00%
-1639058
-0.71%
-0.70%
Axis Large & Mid Cap Fund Direct-Growth
0.00%
-1618518
-0.60%
-0.59%
Aditya Birla Sun Life Small Cap Fund Direct-Growth
0.00%
-1392774
-1.60%
-1.53%
Axis India Manufacturing Fund Direct-Growth
0.00%
-1212878
-1.34%
-1.28%
Aditya Birla Sun Life Transportation and Logistics Fund Direct-Growth
0.00%
-977072
-3.52%
-3.46%
Mahindra Manulife Mid Cap Fund Direct - Growth
0.00%
-800000
-1.09%
-1.08%
Kotak Pioneer Fund Direct - Growth
0.00%
-600000
-1.05%
-1.03%
Axis Business Cycles Fund Direct-Growth
0.00%
-373920
-0.96%
-0.92%
Axis Value Fund Direct-Growth
0.00%
-309571
-1.51%
-1.52%
Bandhan Infrastructure Fund Direct Plan-Growth
0.00%
-213171
-0.79%
-0.97%
Aditya Birla Sun Life Bal Bhavishya Yojna Direct-Growth
0.00%
-183409
-0.89%
-0.87%
Axis Retirement Fund - Aggressive Plan Direct-Growth
0.00%
-133409
-1.01%
-0.97%
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth
0.00%
-106857
-0.23%
-0.22%
Edelweiss Aggressive Hybrid Fund Direct - Growth
0.00%
-98937
-0.17%
-0.38%
Axis Retirement Fund - Dynamic Plan Direct-Growth
0.00%
-63314
-1.18%
-1.13%
SBI Nifty Smallcap 250 Index Fund Direct - Growth
0.00%
-60740
-0.23%
-0.22%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth
0.00%
-41062
-0.23%
-0.22%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth
0.00%
-22996
-0.23%
-0.22%
HDFC Nifty Smallcap 250 Index Fund Direct-Growth
0.00%
-22765
-0.23%
-0.22%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.00%
-16059
-0.20%
-0.19%

Technical Indicators

RSI(14)
Neutral
57.71
ATR(14)
Less Volatile
16.58
STOCH(9,6)
Neutral
42.10
STOCH RSI(14)
Overbought
81.22
MACD(12,26)
Bullish
1.03
ADX(14)
Weak Trend
14.96
UO(9)
Bearish
44.45
ROC(12)
Uptrend And Accelerating
1.17
WillR(14)
Neutral
-25.18

About Minda Corporation

Minda Corporation Ltd is an Indian automotive component manufacturer founded in 1985. The company specializes in safety and security systems for the automotive industry, offering products such as Mechatronics, Information and Connected Systems, Plastics and Interiors, Aftermarket solutions, Electronics Manufacturing, and Green Mobility solutions. Their product range includes ignition switches,...more
Chairperson NameAshok Minda