
MINDA CORPORATION Latest Share Price (MINDACORP)
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MINDACORP slipped 0.5% on light volume, in line with Nifty's 0.1% move.
With a market cap of ₹16,740.34 Cr., it trades at a P/E of 33.91. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
MINDA CORPORATION flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 139.1% YoY
- ●Promoter BuyingPromoters increased holdings by 1.56% QoQ
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Sales ContractionQuarterly sales dropped 24.1% YoY
- ●Low Promoter HoldingPromoters hold only 1.6%
Latest MINDA CORPORATION News
What changed recently?
Recent events, corporate actions, and announcements.
MINDA CORPORATION valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for MINDA CORPORATION, framed against the sector median so the premium or discount is obvious at a glance.
MINDA CORPORATION trades at a P/E of 33.91× and P/B of 6.43×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
MINDA CORPORATION technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for MINDA CORPORATION — derived from the latest tape, not yesterday's close.
MINDA CORPORATION last traded at ₹702.8 with an intraday range of ₹695.25–₹709.8 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹702.80| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 739.08 | +36.28 | +5.16% |
| R3 | 724.53 | +21.73 | +3.09% |
| R2 | 717.17 | +14.37 | +2.04% |
| R1 | 709.98 | +7.18 | +1.02% |
| PIVOT | 702.62 | -0.18 | -0.03% |
| CURRENT | 702.80 | — | — |
| S1 | 695.43 | -7.37 | -1.05% |
| S2 | 688.07 | -14.73 | -2.10% |
| S3 | 680.88 | -21.92 | -3.12% |
| S4 | 666.33 | -36.47 | -5.19% |
MINDACORP is trading Above CPR, indicating Bullishness
CPR is Narrower, suggesting likely for trending moves
Day's range: ₹701.1–₹709.8
Trading Inside opening range
MINDA CORPORATION financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for MINDA CORPORATION — consolidated or standalone — with margins, YoY growth and key ratios inline.
MINDA CORPORATION reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹16,740.34 Cr. and reported EPS of ₹2.56.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 5,056 | 6,185 ▲ 22.3% |
| Sales Growth YoY %Derived | 8.71% | 22.33% |
| Other Income | 32 | 15 ▼ 53.0% |
| Total Income | 5,089 | 6,201 ▲ 21.9% |
| 3,146 | 3,900 ▲ 23.9% | |
| Gross ProfitDerived | 1,910 | 2,286 ▲ 19.7% |
| Gross Margin %Derived | 37.77% | 36.95% |
| 1,335 | 1,565 ▲ 17.2% | |
| EBITDA (Operating Profit)Derived | 575 | 721 ▲ 25.5% |
| OPM %Derived | 11.37% | 11.66% |
| 272 | 350 ▲ 28.9% | |
| Profit Before Tax (PBT) | 336 | 383 ▲ 14.2% |
| 96 | 106 ▲ 10.2% | |
| Effective Tax %Derived | 28.74% | 27.73% |
| Profit/Loss from Discontinued Ops | — | — |
| Total Profit for Period | 255 | 358 ▲ 40.3% |
| Less: Non-controlling Interests | — | -2 |
| Net Profit (Owner's PAT)Derived | 255 | 360 ▲ 41.1% |
| Net Profit Margin %Derived | 5.05% | 5.82% |
| PAT Growth YoY %Derived | 12.39% | 41.07% |
| Earnings Per Share (EPS ₹) | 10.68 | 15.07 ▲ 41.1% |
| Diluted Shares Outstanding (Cr) | 24 | 24 ▲ 0.0% |
| Share of Profit from Associates/JVs | 16 | 81 ▲ 401.4% |
| Other Comprehensive Income (Net of Tax) | -1 | 12 ▲ 1158.9% |
| Total Expenses (incl. D&A & Interest) | 4,753 | 5,817 ▲ 22.4% |
| Material Cost % of RevenueDerived | 60.44% | 61.44% |
| Employee Cost % of RevenueDerived | 15.48% | 15.09% |
| Other Cost % of RevenueDerived | 10.93% | 10.20% |
| Interest Coverage (x)Derived | 5.51x | 4.03x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 552 | 3,092 ▲ 460.3% | 2,813 ▼ 9.0% | 2,368 ▼ 15.8% | 2,976 ▲ 25.7% | 4,300 ▲ 44.5% | 4,651 ▲ 8.2% | 5,056 ▲ 8.7% | 6,185 ▲ 22.3% | |
| Sales Growth YoY %Derived | — | 460.27% | -9.02% | -15.82% | 25.68% | 44.50% | 8.16% | 8.71% | 22.33% | |
| Other Income | 10 | 36 ▲ 249.4% | 44 ▲ 24.7% | 33 ▼ 25.0% | 24 ▼ 27.3% | 16 ▼ 34.7% | 16 ▼ 0.3% | 32 ▲ 105.9% | 15 ▼ 53.0% | |
| Total Income | 562 | 3,127 ▲ 456.5% | 2,857 ▼ 8.6% | 2,401 ▼ 16.0% | 3,000 ▲ 24.9% | 4,316 ▲ 43.9% | 4,667 ▲ 8.1% | 5,089 ▲ 9.0% | 6,201 ▲ 21.9% | |
316 | 1,903 ▲ 502.0% | 1,699 ▼ 10.7% | 1,493 ▼ 12.2% | 1,876 ▲ 25.7% | 2,777 ▲ 48.1% | 2,924 ▲ 5.3% | 3,146 ▲ 7.6% | 3,900 ▲ 23.9% | ||
| Gross ProfitDerived | 236 | 1,189 ▲ 404.3% | 1,114 ▼ 6.3% | 875 ▼ 21.4% | 1,100 ▲ 25.7% | 1,523 ▲ 38.4% | 1,727 ▲ 13.4% | 1,910 ▲ 10.6% | 2,286 ▲ 19.7% | |
| Gross Margin %Derived | 42.72% | 38.45% | 39.60% | 36.97% | 36.97% | 35.41% | 37.14% | 37.77% | 36.95% | |
197 | 896 ▲ 354.2% | 864 ▼ 3.6% | 658 ▼ 23.8% | 806 ▲ 22.4% | 1,061 ▲ 31.7% | 1,213 ▲ 14.3% | 1,335 ▲ 10.1% | 1,565 ▲ 17.2% | ||
| EBITDA (Operating Profit)Derived | 38 | 292 ▲ 662.1% | 250 ▼ 14.5% | 217 ▼ 13.2% | 295 ▲ 35.7% | 461 ▲ 56.7% | 514 ▲ 11.5% | 575 ▲ 11.7% | 721 ▲ 25.5% | |
| OPM %Derived | 6.95% | 9.46% | 8.88% | 9.16% | 9.90% | 10.73% | 11.06% | 11.37% | 11.66% | |
21 | 155 ▲ 634.2% | -126 ▼ 181.1% | 129 ▲ 203.1% | 176 ▲ 35.7% | 179 ▲ 1.8% | 222 ▲ 24.0% | 272 ▲ 22.5% | 350 ▲ 28.9% | ||
| Profit Before Tax (PBT) | 27 | 208 ▲ 658.5% | -167 ▼ 180.2% | 121 ▲ 172.4% | 208 ▲ 72.6% | 298 ▲ 43.2% | 308 ▲ 3.4% | 336 ▲ 8.8% | 383 ▲ 14.2% | |
2 | 69 ▲ 3045.4% | 45 ▼ 33.8% | 31 ▼ 31.4% | 24 ▼ 22.8% | 4 ▼ 83.0% | 83 ▲ 1940.0% | 96 ▲ 15.9% | 106 ▲ 10.2% | ||
| Effective Tax %Derived | 7.95% | 32.96% | -27.21% | 25.80% | 11.53% | 1.37% | 26.98% | 28.74% | 27.73% | |
| Profit/Loss from Discontinued Ops | — | — | — | -41 | — ▲ 100.0% | — | — | — | — | |
| Total Profit for Period | 16 | 167 ▲ 926.1% | -200 ▼ 219.3% | 53 ▲ 126.4% | 192 ▲ 263.4% | 285 ▲ 48.3% | 227 ▼ 20.1% | 255 ▲ 12.4% | 358 ▲ 40.3% | |
| Less: Non-controlling Interests | — | — | — | — | — | — | — | — | -2 | |
| Net Profit (Owner's PAT)Derived | 16 | 167 ▲ 926.1% | -200 ▼ 219.3% | 53 ▲ 126.4% | 192 ▲ 263.4% | 285 ▲ 48.3% | 227 ▼ 20.1% | 255 ▲ 12.4% | 360 ▲ 41.1% | |
| Net Profit Margin %Derived | 2.96% | 5.42% | -7.10% | 2.23% | 6.45% | 6.62% | 4.89% | 5.05% | 5.82% | |
| PAT Growth YoY %Derived | — | 926.10% | -219.32% | 126.43% | 263.41% | 48.27% | -20.13% | 12.39% | 41.07% | |
| Earnings Per Share (EPS ₹) | 0.78 | 7.37 ▲ 844.9% | -8.79 ▼ 219.3% | 3.91 ▲ 144.5% | 8.03 ▲ 105.4% | 11.90 ▲ 48.2% | 9.50 ▼ 20.2% | 10.68 ▲ 12.4% | 15.07 ▲ 41.1% | |
| Diluted Shares Outstanding (Cr) | 21 | 23 ▲ 8.6% | 23 ▲ 0.0% | 24 ▲ 5.2% | 24 ▲ 0.0% | 24 ▲ 0.0% | 24 ▲ 0.0% | 24 ▲ 0.0% | 24 ▲ 0.0% | |
| Share of Profit from Associates/JVs | -9 | 28 ▲ 413.3% | 12 ▼ 55.5% | 4 ▼ 68.4% | 7 ▲ 89.3% | -10 ▼ 232.9% | 2 ▲ 119.9% | 16 ▲ 720.8% | 81 ▲ 401.4% | |
| Other Comprehensive Income (Net of Tax) | -10 | -10 ▼ 0.8% | 5 ▲ 154.6% | 41 ▲ 667.8% | 3 ▼ 92.9% | -1 ▼ 144.7% | 194 ▲ 15060.0% | -1 ▼ 100.6% | 12 ▲ 1158.9% | |
| Total Expenses (incl. D&A & Interest) | 535 | 2,919 ▲ 446.1% | 3,024 ▲ 3.6% | 2,280 ▼ 24.6% | 2,792 ▲ 22.4% | 4,017 ▲ 43.9% | 4,358 ▲ 8.5% | 4,753 ▲ 9.1% | 5,817 ▲ 22.4% | |
| Material Cost % of RevenueDerived | 73.07% | 59.20% | 54.66% | 59.76% | 57.96% | 60.87% | 59.89% | 60.44% | 61.44% | |
| Employee Cost % of RevenueDerived | 16.62% | 16.47% | 17.87% | 16.16% | 15.94% | 14.55% | 15.66% | 15.48% | 15.09% | |
| Other Cost % of RevenueDerived | 19.14% | 12.52% | 12.85% | 11.64% | 11.13% | 10.13% | 10.42% | 10.93% | 10.20% | |
| Interest Coverage (x)Derived | 3.50x | 4.16x | 2.65x | 3.45x | 5.90x | 7.94x | 6.24x | 5.51x | 4.03x |
MINDA CORPORATION segment analysis : revenue and profit mix.
Disclosed business segments at MINDA CORPORATION with their share of revenue and profit, switchable between consolidated and standalone reporting.
MINDA CORPORATION discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for MINDA CORPORATION.
Our AI distills the core fundamental drivers supporting MINDA CORPORATION, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
MINDA CORPORATION's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Latest quarterly EPS grew 139.4% YoY, demonstrating explosive earnings momentum.
TTM revenue growth of 29% signals robust demand across automotive segments.
Strong promoter holding of 64.84% ensures long-term insider commitment.
Operating margin of 7.95% reflects efficient cost management operations.
ROE of 13.47% and ROCE of 10.05% indicate solid capital returns.
Key Risks.
High P/E of 46.91x signals elevated valuation relative to earnings.
Dividend yield of only 0.19% limits income appeal for investors.
Net profit margin of 5.49% TTM remains modest for automotive sector.
Current ratio of 0.76x suggests potential short-term liquidity constraints.
Debt-to-equity of 0.57x indicates rising leverage from prior periods.
Flip Conditions.
Valuation risk. a P/E above 44 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
MINDA CORPORATION peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — MINDA CORPORATION is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
MINDA CORPORATION chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for MINDA CORPORATION — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
MINDA CORPORATION delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for MINDA CORPORATION over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in MINDA CORPORATION stood at 51.5% of traded volume, against a 20-day average of 45.0%.
MINDA CORPORATION announcements: results, concalls, ratings, M&A.
Filings MINDA CORPORATION sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
MINDA CORPORATION files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 170 documents below.
Shareholders meeting
Minda Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 27, 2023. Further, the company…
Resignation of Director/KMP/SMP
Minda Corporation Limited has informed the Exchange about Resignation of Director/KMP/SMP
Resignation
Minda Corporation Limited has informed the Exchange regarding Resignation of Mr. Pardeep Mann as Company Secretary & Compliance Officer of the…
Shareholders meeting
Minda Corporation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 27, 2023
Analysts/Institutional Investor Meet/Con. Call Updates
Minda Corporation Limited has informed the Exchange about Transcript
Investor decks & rating reports.
MINDA CORPORATION dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue MINDA CORPORATION has declared, sequenced by announce and record date.
MINDA CORPORATION corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
MINDA CORPORATION insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in MINDA CORPORATION as reported to SEBI — buying and selling signals from the people who know the business best.
MINDA CORPORATION insider activity below tracks 12 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Laxman Ramnarayan | Insider | 21 Mar 2025 | sell | −33.0 K | ₹1.77 Cr. | ₹535.12 |
| Laxman Ramnarayan | Insider | 20 Mar 2025 | sell | −30.0 K | ₹1.58 Cr. | ₹527.58 |
| Vinod Raheja | Insider | 25 Feb 2025 | sell | −1.4 K | ₹7.21 L | ₹518.22 |
| Vinod Raheja | Insider | 24 Feb 2025 | sell | −7.7 K | ₹40.19 L | ₹519.31 |
| Vinod Raheja | Insider | 19 Feb 2025 | sell | −16.3 K | ₹89 L | ₹547.19 |
| Vinod Raheja | Insider | 19 Feb 2025 | buy | +2.0 K | ₹11.04 L | ₹556.38 |
| Vinod Raheja | Insider | 17 Feb 2025 | sell | −8.6 K | ₹44.11 L | ₹514.44 |
| Vinod Raheja | Insider | 13 Feb 2025 | sell | −3.0 K | ₹16.3 L | ₹543.40 |
| Vinod Raheja | Insider | 12 Feb 2025 | sell | −3.0 K | ₹16.32 L | ₹541.43 |
| Vinod Raheja | Insider | 11 Feb 2025 | sell | −2.0 K | ₹10.55 L | ₹527.63 |
About MINDA CORPORATION: business, sector, key facts.
What MINDA CORPORATION does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
MINDA CORPORATION operates in the Auto Components & Equipments industry under the Automobile and Auto Components sector, listed as NSE: MINDACORP, BSE: 538962.

Minda Corporation Limited is a major player in the automotive components industry, specializing in the design, manufacture, and assembly of safety and security systems. Their extensive product portfolio caters to a global market, including India, Asia, the Americas, and Europe, serving a diverse range of vehicle types from two-wheelers and three-wheelers to passenger, commercial, and off-road vehicles.
A significant portion of Minda's business focuses on mechatronic products integral to vehicle operation and security. This includes crucial components like ignition switch cum steering locks, smart key systems, mechatronics handles, and immobilizer systems. They also produce essential engine components such as starter motors and alternators, alongside die-casting parts.
Beyond mechatronics, Minda Corporation offers a broad range of information and connected systems. This segment encompasses wiring harnesses, connectors, terminals, instrument clusters, dashboards, and various sensors that monitor speed, temperature, position, pressure, and exhaust gas. This highlights their involvement in increasingly sophisticated vehicle electronics and connectivity.
The company also holds a strong position in the manufacture of plastic and interior components for vehicles. These include parts such as air vents, glove boxes, center consoles, cup holders, and other interior trim pieces. This demonstrates their integrated approach to automotive manufacturing, covering both functional and aesthetic elements.
Finally, Minda Corporation provides a substantial aftermarket product line, offering replacement parts for vehicle maintenance and repair. This includes items like locks, lubricants, filters, clutch plates, bearings, wiper blades, and brake shoes, ensuring a continuous supply chain and customer support beyond the original equipment manufacturing (OEM) market. They also produce advanced electronic components like DC-DC converters, battery chargers, motor controllers, and parts for intelligent transport systems and telematics.
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Questions investors ask about MINDA CORPORATION (MINDACORP).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of MINDA CORPORATION (MINDACORP)?
The current share price of MINDA CORPORATION (MINDACORP) is ₹702.80. Today, the stock has declined by ₹3.70 (0.52%), trading in a range of ₹695.25 to ₹709.80. The stock opened at ₹709.75 with a trading volume of 1,99,782 shares.
02Is MINDA CORPORATION stock a good investment for long-term?
MINDA CORPORATION can be considered for long-term investment based on several factors. The company has a market capitalization of ₹16,740.34 Cr., P/E ratio of 33.91, ROE of 13.47%, and ROCE of 10.05%. The dividend yield stands at 0.19%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of MINDA CORPORATION stock?
The 52-week high price of MINDA CORPORATION (MINDACORP) is ₹769.00, while the 52-week low is ₹468.50. Currently trading at ₹702.80, the stock is 50.01% above its 52-week low and 8.61% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy MINDA CORPORATION stock at the current price?
Whether to buy MINDA CORPORATION stock at ₹702.80 depends on multiple factors. The stock is currently trading with a P/E ratio of 33.91 and P/B ratio of 6.43. Today's performance shows a loss of 0.52%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of MINDA CORPORATION and when is the next dividend?
MINDA CORPORATION offers a dividend yield of 0.19%, which means for every ₹100 invested at the current price of ₹702.80, you can expect to receive approximately ₹0.19 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of MINDA CORPORATION?
MINDA CORPORATION's key financial metrics include: P/E Ratio: 33.91, P/B Ratio: 6.43, ROE: 13.47%, ROCE: 10.05%, Dividend Yield: 0.19%, EPS: ₹2.56, Book Value: ₹111.20, and Debt-to-Equity: 0.46. The company's market cap stands at ₹16,740.34 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is MINDA CORPORATION stock performing today in the market?
MINDA CORPORATION stock opened at ₹709.75 and is currently trading at ₹702.80, showing a decline of ₹3.70 (0.52%). The intraday high is ₹709.80 and low is ₹695.25. The trading volume stands at 1,99,782 shares, indicating moderate market participation today.
08What is the P/E ratio of MINDA CORPORATION and what does it indicate?
MINDA CORPORATION has a Price-to-Earnings (P/E) ratio of 33.91, which means investors are willing to pay 33.91 for every ₹1 of earnings. With an EPS of ₹2.56, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about MINDA CORPORATION (MINDACORP) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.