Minda Corporation
587.35
-9.90(-1.66%)
Market Cap₹14,042.33 Cr
PE Ratio53.51
IndustryAutomobiles
Company Performance:
1D-1.66%
1M+0.20%
6M+15.04%
1Y+17.04%
5Y+564.42%
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More news about Minda Corporation
16Oct 25
Minda Corporation Issues INR 100 Crore Commercial Paper with 7% Discount Rate
Minda Corporation, an automotive components manufacturer, has issued commercial paper worth INR 100 crores. The paper, with a face value of INR 5,00,000 per security, carries a discount rate of 7.00% per annum. It will be issued on October 16, 2025, and redeemed on March 6, 2026. The commercial paper will be listed on the National Stock Exchange of India with ISIN INE842C14172. This issuance follows a similar INR 100 crore commercial paper issued just a day prior on October 15, 2025, with nearly identical terms, bringing the total to INR 200 crores over two consecutive days.
15Oct 25
Minda Corporation Raises INR 100 Crores Through Commercial Paper Issuance
Minda Corporation Limited, an automotive components manufacturer, has issued commercial paper worth INR 100 crores. The paper, issued on October 15, 2025, has a face value of INR 5,00,000 per security and a discount rate of 7.00% per annum. Set to mature on March 3, 2026, it is listed on the National Stock Exchange of India with ISIN INE842C14180. This short-term financing move demonstrates Minda Corporation's ability to access competitive rates and could potentially be used for working capital or operational expenses.
23Sept 25
Minda Corporation Unveils Ambitious Growth Strategy at Investor Meet 2025
Minda Corporation, an automotive component manufacturer, presented its growth strategy for 2030. The company aims to increase revenue to ₹17,500.00+ crores, improve EBITDA margin to over 12.50%, and reduce debt-to-equity ratio to 0.3x. Key initiatives include EV portfolio expansion, boosting exports to ₹1,500.00 crores, ₹2,000.00 crores capital expenditure, strategic acquisitions, and joint ventures. The company reported FY25 consolidated revenue of ₹5,056.00 crores and group revenue of ₹7,472.00 crores, with an EBITDA margin of 11.40%.
15Sept 25
Minda Corporation Completes INR 100 Crore Commercial Paper Cycle with Redemption
Minda Corporation has successfully completed its INR 100 crore commercial paper cycle with redemption on December 12, 2025. The automotive components company had issued the commercial paper on September 15, 2025, with a 6.30% discount rate and 3-month tenure, demonstrating effective short-term debt management and regulatory compliance.
09Sept 25
Minda Corporation Redeems Rs. 100 Crore Commercial Papers
Minda Corporation Limited has successfully redeemed commercial papers worth Rs. 100.00 crores. The redemption details include an ISIN of INE842C14156, with the issue date on June 27, 2025, and the redemption date on September 09, 2025. The company's Company Secretary, Pardeep Mann, confirmed the redemption in compliance with SEBI circular Number SEBI/HO/DDHS/P/CIR/2021/613.
18Aug 25
Minda Corporation Reports Record Q1 Revenue of Rs. 1,386 Crores, Up 16.2% YoY
Minda Corporation achieved its highest quarterly revenue of Rs. 1,386.00 crores in Q1, growing 16.2% year-on-year and surpassing the automotive industry's 1.9% growth. EBITDA reached Rs. 156.00 crores, up 19%, with an improved margin of 11.3%. The company maintained a stable PAT of Rs. 65.00 crores. Growth was driven by strong performances in Information and Connected Systems (19% growth) and Mechatronics and Aftermarket (13% growth) segments. Strategic initiatives include a joint venture with Toyodenso, partnership with Qualcomm, land acquisition in Aurangabad, and a robust order book exceeding Rs. 1,300.00 crores. The company filed six new patents and remains optimistic about future growth, particularly in the EV segment.
12Aug 25
Minda Corporation Reports Strong Q1 Performance with 16.2% Revenue Growth
Minda Corporation announced robust Q1 FY26 financial results with consolidated revenue of Rs. 1,386.00 crore, up 16.2% year-over-year. EBITDA reached Rs. 156.00 crore with an 11.3% margin, while PAT stood at Rs. 65.00 crore. The company entered a joint venture with Toyodenso for automotive switches and partnered with Qualcomm to develop Smart Cockpit Solutions. Management expressed confidence in the company's market position and future growth prospects.
27Jun 25
Minda Corp Bolsters Short-Term Liquidity with ₹100 Crore Commercial Paper Issuance
Minda Corporation Limited, a leading automotive component manufacturer, has issued commercial paper worth ₹100.00 crores to enhance its short-term liquidity. This strategic move provides the company with immediate access to funds, demonstrates financial flexibility, and reflects market confidence in Minda Corp's financial health. The funds could potentially be used for working capital management, debt refinancing, inventory financing, or production expansion.
27Jun 25
Minda Corporation Soars: 600% Rally in 5 Years, Strong Financial Performance
Minda Corporation, an automotive component manufacturer, has seen its stock rally over 600% in the last five years. The company reported a 12% increase in consolidated profit to Rs 255.30 crore and an 8.7% rise in revenue to Rs 5,056.20 crore. Minda achieved its highest-ever EBITDA margin of 11.40% and secured lifetime orders worth over Rs 8,000 crore. Analysts maintain a bullish outlook with a target price of Rs 590.17.
11Jun 25
Minda Corp Forms Joint Venture with Japanese Firm Toyodenso
Minda Corporation has entered into a joint venture agreement with Japanese automotive supplier Toyodenso Co. Ltd. on June 11, 2025. The partnership aims to manufacture and sell advanced automotive switches in India. Minda Corp will hold a 60% stake in the venture, while Toyodenso will hold 40%. The joint venture's board will consist of 3 directors, with Minda Corp nominating 2 and Toyodenso nominating 1.
27May 25
Minda Corp: Q4 Profit Drops 27% Despite Revenue Growth
Minda Corporation's Q4 results show revenue growth of 8.70% to ₹1,321.00 crore and EBITDA increase of 10.30% to ₹152.90 crore. However, net profit declined by 26.50% to ₹52.00 crore. The company reappointed Ashok Minda as chairperson and group CEO.
02May 25
Minda Corporation Bolsters Leadership: Appoints Hitendra Mishra as CEO of Die Casting Division
Minda Corporation has appointed Hitendra Mishra as the new CEO of its Die Casting Division, effective May 02, 2025. Mishra brings 32 years of industry experience and a strong academic background, including a B.Tech in Mechanical Engineering and an MBA. This appointment signals Minda's commitment to strengthening its leadership and potentially driving growth in the die casting segment. The announcement was made in compliance with SEBI regulations.
21Mar 25
Minda Corporation Raises ₹100 Crore Through Commercial Paper Issuance
Minda Corporation, an automotive component manufacturer, has issued commercial paper worth ₹100 crore. The paper, with a face value of ₹5,00,000 per security, was issued on March 21, 2025, and will be redeemed on June 20, 2025. It carries a discount rate of 7.89% p.a. and has been listed on the National Stock Exchange of India Limited. This move demonstrates Minda Corporation's ability to access cost-effective short-term financing, potentially for managing working capital or funding short-term projects.
19Mar 25
Minda Corporation Raises ₹150 Crore Through Commercial Paper Issuance
Minda Corporation, an automotive component manufacturer, has issued commercial paper worth ₹150 crore with a face value of ₹5,00,000 per security. The paper, issued on March 18, 2025, will be redeemed on June 17, 2025, at a discount rate of 7.95% per annum. Simultaneously, the company redeemed a previous ₹100 crore commercial paper issued on January 6, 2025. This move indicates active management of short-term liquidity by Minda Corporation.
18Mar 25
Minda Corporation Raises ₹150 Crore Through Commercial Paper Issuance
Minda Corporation, an automotive component manufacturer, has issued commercial paper worth ₹150 crore and simultaneously redeemed a previous ₹100 crore paper. The new issuance, dated March 18, 2025, has a face value of ₹5,00,000 per security, a discount rate of 7.95% per annum, and will mature on June 17, 2025. It's listed on the National Stock Exchange with ISIN INE842C14107. This financial move aims to enhance short-term liquidity and demonstrates active management of short-term financial instruments.
Minda Corporation
587.35
-9.90
(-1.66%)
1 Year Returns:+17.04%
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