MINDA CORPORATION LTD (MINDACORP) financials

MINDA CORPORATION LTD (MINDACORP) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint.It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group.[1]The company was formed after a split between the businesses of the Minda brothers in 2012. Presently, NK Minda owns and operates Minda Industries Ltd and Ash…

Market Cap: ₹15,537Cr.
Current Price: ₹650
Stock P/E: 59.4
ROE: 11.7%
ROCE: 12.1%
Book Value: ₹92.8
Dividend Yield: 0.22%
52W High / Low: ₹769/468

In Jun 2026, MINDA CORPORATION LTD (MINDACORP) reported sales ₹1,401 Cr and net profit ₹61 Cr.

Annual TTM: sales ₹5,283 Cr, net profit ₹261 Cr.

Shareholding: Promoters 64.84% (Jun 2026), FIIs 9.30% (Jun 2026), DIIs 17.87% (Jun 2026), Public 6.43% (Jun 2026), Others 1.56% (Jun 2026).

MINDACORP quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,058	1,037	1,083	1,135	1,249	1,263	1,370	1,401
Expenses	934	914	961	1,011	1,111	1,116	1,200	1,239
Operating Profit	124	123	122	124	137	148	170	161
OPM %	12%	12%	11%	11%	11%	12%	12%	12%
Other Income	13	10	6	10	4	26	8	2
Interest	11	12	34	33	31	29	30	31
Depreciation	42	42	48	47	48	48	49	50
Profit before tax	83	79	46	54	63	97	100	82
Tax %	25%	27%	26%	23%	25%	19%	26%	26%
Net Profit	63	58	34	42	47	79	73	61
EPS in Rs	2.62	2.42	1.41	1.75	1.97	3.32	3.07	2.56
Raw PDF	—	—	—	—	—	—	—	—

MINDACORP profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,130	2,289	2,735	3,492	3,844	4,144	5,017	5,283
Expenses	1,888	2,077	2,468	3,133	3,406	3,666	4,437	4,667
Operating Profit	243	212	267	359	439	478	580	616
OPM %	11%	9%	10%	10%	11%	12%	12%	12%
Other Income	-320	30	45	16	13	38	49	41
Interest	41	39	31	40	56	68	123	121
Depreciation	82	90	103	110	136	171	191	194
Profit before tax	-201	114	178	225	260	277	314	342
Tax %	20%	26%	10%	-7%	28%	26%	23%	—
Net Profit	-241	84	160	241	188	206	242	261
EPS in Rs	-10.61	3.50	6.70	10.06	7.88	8.61	10.10	10.92
Dividend Payout %	-3%	19%	15%	12%	18%	16%	14%	—

MINDACORP balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	45	45	48	48	48	48	48	48
Reserves	1,087	816	974	1,120	1,332	1,686	1,858	2,172
Borrowings	399	393	532	492	729	538	1,625	1,489
Other Liabilities	451	612	646	579	736	735	845	991
Total Liabilities	1,982	1,866	2,201	2,239	2,844	3,006	4,376	4,700
Fixed Assets	445	532	575	646	786	949	1,210	1,274
CWIP	15	28	18	18	71	31	68	112
Investments	352	150	150	327	704	598	1,725	1,762
Other Assets	1,170	1,157	1,458	1,248	1,283	1,428	1,373	1,551
Total Assets	1,982	1,866	2,201	2,239	2,844	3,006	4,376	4,700

MINDACORP cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	191	296	85	140	375	242	468	588
Cash from Investing Activity	-432	-149	-259	27	-452	144	-1,368	-306
Cash from Financing Activity	238	-134	172	-160	108	-354	822	-271
Net Cash Flow	-3	12	-1	7	31	31	-78	11
Free Cash Flow	94	173	-38	43	146	42	166	295
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	89%	142%	49%	68%	107%	74%	113%	115%

MINDACORP shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%
FIIs	7.62%	7.98%	8.33%	8.83%	8.72%	9.09%	8.80%	9.30%
DIIs	18.87%	18.42%	18.48%	18.17%	18.52%	18.43%	18.82%	17.87%
Public	7.07%	7.16%	6.77%	6.58%	6.35%	6.08%	5.97%	6.43%
Others	1.59%	1.59%	1.57%	1.57%	1.56%	1.56%	1.56%	1.56%
No. of Shareholders	93,906	96,701	92,138	93,526	96,349	92,368	89,480	98,747

MINDACORP key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	69	56	68	60	50	58	55	52
Inventory Days	63	91	94	83	75	64	65	61
Days Payable	84	120	119	93	93	79	94	98
Cash Conversion Cycle	48	28	44	50	32	44	26	16
Working Capital Days	12	-17	-12	15	-0	24	-52	-36
ROCE %	20%	15%	11%	13%	15%	14%	12%	12%

MINDACORPUpdated 18 Oct 2026, 18:26

Minda Corporation Ltd

MINDACORPUpdated 18 Oct 2026, 18:26

Market Cap

₹15,537Cr.

Current Price

₹650

High / Low

₹769/468

Stock P/E

59.4

ROE11.7%

ROCE12.1%

Book Value₹92.8

Face Value₹2.00

Dividend Yield0.22%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	880	14	789	2	32	47	26	35	1.46
Sep 2023	990	15	879	2	34	64	26	48	2
Dec 2023	969	14	856	2	34	67	34	44	1.85
Mar 2024	1005	12	883	9	36	83	25	62	2.57
Jun 2024	967	10	859	9	38	70	26	52	2.16
Sep 2024	1058	11	934	13	42	83	25	63	2.62
Dec 2024	1037	12	914	10	42	79	27	58	2.42
Mar 2025	1083	34	961	6	48	46	26	34	1.41
Jun 2025	1135	33	1011	10	47	54	23	42	1.75
Sep 2025	1249	31	1111	4	48	63	25	47	1.97
Dec 2025	1263	29	1116	26	48	97	19	79	3.32
Mar 2026	1370	30	1200	8	49	100	26	73	3.07
Jun 2026	1401	31	1239	2	50	82	26	61	2.56

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	649	8	577	3	17	49	29	35	1.67
Mar 2016	704	4	618	2	18	65	29	46	2.22
Mar 2017	772	9	693	16	20	67	18	55	2.61
Mar 2018	1955	25	1748	14	49	148	31	103	4.9
Mar 2019	2371	36	2090	44	62	228	30	161	7.07
Mar 2020	2130	41	1888	-320	82	-201	20	-241	-10.61
Mar 2021	2289	39	2077	30	90	114	26	84	3.5
Mar 2022	2735	31	2468	45	103	178	10	160	6.7
Mar 2023	3492	40	3133	16	110	225	-7	241	10.06
Mar 2024	3844	56	3406	13	136	260	28	188	7.88
Mar 2025	4144	68	3666	38	171	277	26	206	8.61
Mar 2026	5017	123	4437	49	191	314	23	242	10.1
TTM	5283	121	4667	41	194	342	—	261	10.92

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	64.84%
FIIs	9.3%
DIIs	17.87%
Public	6.43%
Others	1.56%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Sep 2023	64.84%	5.53%	13.2%	14.78%	1.65%
Dec 2023	64.84%	3.73%	16.81%	12.99%	1.62%
Mar 2024	64.84%	5.07%	20.6%	7.9%	1.59%
Jun 2024	64.84%	6.07%	20.63%	6.86%	1.59%
Sep 2024	64.84%	7.62%	18.87%	7.07%	1.59%
Dec 2024	64.84%	7.98%	18.42%	7.16%	1.59%
Mar 2025	64.84%	8.33%	18.48%	6.77%	1.57%
Jun 2025	64.84%	8.83%	18.17%	6.58%	1.57%
Sep 2025	64.84%	8.72%	18.52%	6.35%	1.56%
Dec 2025	64.84%	9.09%	18.43%	6.08%	1.56%
Mar 2026	64.84%	8.8%	18.82%	5.97%	1.56%
Jun 2026	64.84%	9.3%	17.87%	6.43%	1.56%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	42	271	78	101	492	124	4	185	178	492
Mar 2016	42	305	85	130	561	129	7	200	224	561
Mar 2017	42	372	160	148	722	160	21	293	249	722
Mar 2018	42	642	417	399	1500	414	11	310	764	1500
Mar 2019	45	1087	399	451	1982	445	15	352	1170	1982
Mar 2020	45	816	393	612	1866	532	28	150	1157	1866
Mar 2021	48	974	532	646	2201	575	18	150	1458	2201
Mar 2022	48	1120	492	579	2239	646	18	327	1248	2239
Mar 2023	48	1332	729	736	2844	786	71	704	1283	2844
Mar 2024	48	1686	538	735	3006	949	31	598	1428	3006
Mar 2025	48	1858	1625	845	4376	1210	68	1725	1373	4376
Mar 2026	48	2172	1489	991	4700	1274	112	1762	1551	4700

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	50	5	-51	5
Mar 2016	88	-44	-8	37
Mar 2017	34	-150	73	-43
Mar 2018	43	-128	84	0
Mar 2019	191	-432	238	-3
Mar 2020	296	-149	-134	12
Mar 2021	85	-259	172	-1
Mar 2022	140	27	-160	7
Mar 2023	375	-452	108	31
Mar 2024	242	144	-354	31
Mar 2025	468	-1368	822	-78
Mar 2026	588	-306	-271	11

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	59	58	68	79	69	56	68	60	50	58	55	52
Inventory Days	31	33	33	58	63	91	94	83	75	64	65	61
Days Payable	56	69	69	89	84	120	119	93	93	79	94	98
Cash Conversion Cycle	35	23	32	48	48	28	44	50	32	44	26	16
Working Capital Days	11	8	-5	8	12	-17	-12	15	-0	24	-52	-36
ROCE %	15%	18%	15%	21%	20%	15%	11%	13%	15%	14%	12%	12%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MINDA CORPORATION LTD (MINDACORP)?

The reported market capitalisation for MINDA CORPORATION LTD (MINDACORP) is ₹15,537Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MINDACORP?

The current price shown for MINDA CORPORATION LTD (MINDACORP) on Fincrux is ₹650 with a 52-week high/low of ₹769/468.

What is the P/E ratio of MINDA CORPORATION LTD (MINDACORP)?

The stock P/E for MINDA CORPORATION LTD (MINDACORP) is 59.4 on Fincrux, with ROE at 11.7% and ROCE at 12.1%.

What were MINDACORP latest quarterly results?

For Jun 2026, MINDA CORPORATION LTD (MINDACORP) reported sales ₹1,401 Cr and net profit ₹61 Cr (figures in ₹ crore unless noted).

What are MINDACORP annual sales and net profit?

For TTM, MINDA CORPORATION LTD (MINDACORP) shows sales of ₹5,283 Cr and net profit of ₹261 Cr on the Fincrux profit & loss statement.

Who owns MINDA CORPORATION LTD (MINDACORP)?

Latest shareholding for MINDA CORPORATION LTD (MINDACORP) on Fincrux: Promoters 64.84% (Jun 2026), FIIs 9.30% (Jun 2026), DIIs 17.87% (Jun 2026), Public 6.43% (Jun 2026), Others 1.56% (Jun 2026).

Where can I find MINDA CORPORATION LTD (MINDACORP) financials?

MINDA CORPORATION LTD (MINDACORP) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MINDACORP balance sheet and cash flow?

Yes. The MINDA CORPORATION LTD (MINDACORP) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 18:26