Minda Corporation Limited, a prominent player in the automotive components industry, has successfully raised INR 100 crores through the issuance of commercial paper. The company made this announcement on October 15, 2025, marking a significant move in its financial strategy.

Key Details of the Commercial Paper Issuance

Implications and Market Response

The successful issuance of commercial paper by Minda Corporation demonstrates the company's ability to access short-term financing at competitive rates. With a discount rate of 7.00% per annum, the company has secured favorable terms for this financial instrument.

The commercial paper, set to mature on March 3, 2026, provides Minda Corporation with additional liquidity for a period of approximately 4.5 months. This short-term borrowing could potentially be used for working capital requirements, operational expenses, or other strategic initiatives.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Minda Corporation promptly informed the National Stock Exchange of India and BSE Limited about this development. The commercial paper was listed on the National Stock Exchange of India on the same day as its issuance, ensuring transparency and adherence to regulatory standards.

Conclusion

This commercial paper issuance by Minda Corporation Limited reflects the company's proactive approach to financial management and its standing in the debt market. As the automotive components sector continues to evolve, such financial maneuvers may play a crucial role in supporting the company's operational and strategic objectives.

Minda Corporation Limited, a leading automotive component manufacturer, has shared an investor presentation for their Investor Meet 2025, outlining an ambitious growth strategy and expansion plans for the next five years. The presentation, scheduled for September 23, 2025, in Pune, reveals the company's vision to significantly scale its operations and strengthen its position in the evolving automotive landscape.

Strong Financial Performance

Minda Corporation reported impressive financial results for FY25, with consolidated revenue reaching ₹5,056.00 crores and group revenue touching ₹7,472.00 crores. The company has demonstrated robust growth over the past five years, with revenue more than doubling and profit after tax increasing by 2.5 times. Notably, Minda Corporation has maintained a healthy EBITDA margin of 11.40% in FY25.

Ambitious Targets for FY30

The company has set forth ambitious targets for FY30, aiming to:

• Increase revenue to ₹17,500.00+ crores, representing a 3.5x growth from FY25 levels
• Improve EBITDA margin to over 12.50%
• Reduce debt-to-equity ratio to 0.3x from the current 0.6x

Strategic Growth Initiatives

To achieve these targets, Minda Corporation has outlined several key growth drivers:

1. EV Portfolio Expansion: The company is focusing on expanding its electric vehicle (EV) product offerings, capitalizing on the rapidly growing EV market in India.

2. Export Focus: Minda Corporation aims to boost its export revenue from the current ₹420.00 crores to ₹1,500.00 crores by FY30, tapping into global market opportunities.

3. Capital Expenditure: A planned investment of ₹2,000.00 crores over the next five years to support growth and expansion initiatives.

4. Strategic Acquisitions and Partnerships: The company has acquired a 49% stake in Flash Electronics, which generated ₹1,537.00 crores in revenue in FY25, with 23% coming from EV products.

5. Joint Ventures: Minda Corporation has entered into strategic partnerships, including:

   • A joint venture with HCMF Taiwan for sunroof systems, targeting ₹500.00 crores in revenue by 2030
   • A joint venture with Toyodenso Japan for switches, expecting ₹650.00 crores in revenue by 2030

Operational Highlights

Minda Corporation operates through six business verticals across 32 global manufacturing plants, employing a workforce of over 18,000. The company's strong focus on research and development is evident from its 900+ engineering headcount and 310+ patents filed.

Future Outlook

The presentation highlights Minda Corporation's commitment to innovation and sustainability. The company is investing in advanced technology products and expanding its product offerings to increase kit value. With a focus on electrification, premiumization, and global expansion, Minda Corporation is positioning itself as a key player in the evolving automotive components industry.

As the automotive sector transitions towards electric and sustainable mobility solutions, Minda Corporation's strategic initiatives and investments in EV technologies and advanced electronics are expected to drive its growth in the coming years.

Investors and stakeholders will be keenly watching the company's progress as it works towards achieving its ambitious FY30 targets and solidifying its position in the global automotive supply chain.