Minda Corp FY26 PAT Rises 40.3% to ₹358 Crore
Minda Corporation reported its highest-ever consolidated revenue of ₹6,185 crore for FY26, a 22.3% increase from the previous year. Profit After Tax grew 40.3% year-on-year to ₹358 crore, with an EBITDA margin of 11.7%. The board recommended a final dividend of ₹0.80 per share, aggregating to a total dividend of ₹1.40 per share for the year.
*this image is generated using AI for illustrative purposes only.
Minda Corporation Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting its highest-ever consolidated revenue. The company achieved a consolidated revenue of ₹1,704 crore for Q4 FY26, marking a growth of 29.0% year-on-year. For the full fiscal year, Minda Corporation recorded its highest-ever consolidated revenue of ₹6,185 crore, an increase of 22.3% compared to the previous year.
Financial Performance
The company reported a Profit After Tax (PAT) of ₹124 crore for the quarter, with a margin of 7.3%. EBITDA for the quarter stood at ₹203 crore, reflecting an EBITDA margin of 11.9%, an improvement of 37 basis points year-on-year. For the full year FY26, PAT reached ₹358 crore, a growth of 40.3% year-on-year, while EBITDA was ₹721 crore with a margin of 11.7%.
The following table summarizes the key financial metrics for the quarter and fiscal year:
| Particulars (₹ Crores): | Q4 FY26 | Q4 FY25 | YoY (%) | FY26 | FY25 | YoY (%) |
|---|---|---|---|---|---|---|
| Operating Revenue | 1,704 | 1,321 | 29.00% | 6,185 | 5,056 | 22.30% |
| EBITDA | 203 | 153 | 33.00% | 721 | 575 | 25.50% |
| EBITDA Margin (%) | 11.90% | 11.60% | 37 Bps | 11.70% | 11.40% | 29 Bps |
| Profit Before Tax | 123 | 65 | 90.20% | 383 | 336 | 14.20% |
| Profit After Tax | 124 | 52 | 138.30% | 358 | 255 | 40.30% |
Dividend Declaration
The board of directors has recommended a final dividend of 40%, or ₹0.80 per equity share, for the financial year 2025-26. Combined with the interim dividend of ₹0.60 per share, the total dividend for the year aggregates to ₹1.40 per share, representing 70% of the face value. The record date for the payment of the final dividend has been fixed on Friday, August 14, 2026. The board has also decided to hold the 41st Annual General Meeting of the company on Friday, August 21, 2026.
Operational Highlights
Minda Corporation attributed its performance to a strong product portfolio, an expanding customer base, and a focus on product premiumisation. During the year, the company strengthened its technology roadmap through strategic global partnerships. This included a joint venture with Toyodenso Co., Ltd., Japan, for advanced automotive switches and an agreement with Turntide Technologies, UK, for electric vehicle powertrain solutions. These collaborations aim to deliver premium localized solutions for the EV ecosystem and align with the Government's 'Make in India' initiative.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE842C01021/73cf48e8-3527-44e8-a873-659432a77eb5.pdf
Historical Stock Returns for Minda Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.04% | +13.03% | +5.55% | -3.45% | +13.75% | +420.52% |
How will Minda Corporation's joint venture with Toyodenso and partnership with Turntide Technologies contribute to revenue growth in FY27, and what is the expected timeline for these collaborations to become commercially significant?
Given the 29% YoY revenue growth in Q4 FY26, can Minda Corporation sustain double-digit growth momentum in FY27 amid potential slowdowns in domestic automotive demand or global supply chain disruptions?
As Minda Corporation expands its EV powertrain solutions portfolio, what share of total revenue does the company target from EV-related products over the next 2-3 years?
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