Minda Corporation share price
NSE: MINDACORPBSE: 538962Auto ComponentsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹612.95.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹14,360 Cr468th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 28.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹123 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 37.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 22 May 2026
- 5.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.23%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 20.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹123 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 15.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 13.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 22 May 2026
- 0.46
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,48,77246.6% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 13 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,846 Crup 8.36%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹206 Crup 66.33%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 11.2%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2021, the company reports a discontinued business.
| ₹ crore | Sep 2024Filed 12 Nov | Dec 2024Filed 6 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 6 Nov | Dec 2025Filed 5 Feb | Mar 2026Filed 22 May | Jun 2026Filed 13 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,290 | 1,253 | 1,321 | 1,386 | 1,535 | 1,560 | 1,704 | 1,846 |
| Net profit | 74 | 65 | 52 | 65 | 85 | 84 | 124 | 206 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 5.8% | 5.2% | 3.9% | 4.7% | 5.5% | 5.4% | 7.3% | 11.2% |
Business segments
In the year to Mar 2026 the company reports one business segment, Automotive, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 67% of 1,985 trading days since Dec 2016.
At or below today's level on 73% of 1,895 trading days since Nov 2018.
At or below today's level on 63% of 1,895 trading days since Nov 2018.
At or below today's level on 7% of 2,445 trading days since Dec 2016.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −6.0% | +41.1% | −33.6% | 0.3% |
| 3 years | +33.2% | +8.2% | +22.9% | 0.3% |
| 5 years | +38.5% | +46.8% | −5.9% | 0.4% |
Mutual funds holding it
72 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 39 of the 44 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 14
- CutCut. Funds that held fewer shares than at the end of the month before.
- 30
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 26
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 Kotak-Small Cap FundKotak Mahindra Mutual Fund | 66,07,215 | 2.39% | ₹457.8 Cr |
 Axis Small Cap FundAxis Mutual Fund | 57,69,277 | 1.30% | ₹399.7 Cr |
| Axis Large & Mid Cap FundAxis Mutual Fund | 33,40,058 | 1.41% | ₹231.4 Cr |
 Aditya Birla Sun Life Value FundAditya Birla Sun Life Mutual Fund | 29,81,058 | 3.10% | ₹206.5 Cr |
| Axis Multicap FundAxis Mutual Fund | 27,32,356 | 1.58% | ₹189.3 Cr |
 ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 23,49,365 | 1.66% | ₹162.8 Cr |
 SBI Automotive Opportunities FundSBI Mutual Fund | 16,69,864 | 1.91% | ₹115.7 Cr |
| Aditya Birla Sun Life Small Cap FundAditya Birla Sun Life Mutual Fund | 13,32,624 | 1.51% | ₹92.3 Cr |
| Axis India Manufacturing FundAxis Mutual Fund | 11,24,450 | 1.41% | ₹77.9 Cr |
 Mahindra Manulife Mid Cap FundMahindra Manulife Mutual Fund | 10,61,707 | 1.45% | ₹73.6 Cr |
Peers and competitors
Auto Components & Equipments, 155 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Minda Corporation in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Sundram FastenersSUNDRMFAST | 21,872 | 35.8 | 5.1 | 21.6 | +10.2% | +12.0% | 15.1% | 16.2% | 0.77% |
 SPR Auto TechnologiesSHRIPISTON | 20,107 | 35.7 | – | – | +35.2% | +7.4% | 21.3% | 15.7% | 0.23% |
 Belrise IndustriesBELRISE | 19,736 | 38.9 | – | – | – | – | 12.8% | 12.0% | 0.27% |
 Tenneco Clean Air IndiaTENNIND | 17,744 | 29.5 | 14.8 | 18.2 | – | – | 50.2% | 69.4% | 0.00% |
 SEDEMAC MechatronicsSEDEMAC | 13,407 | – | 29.8 | – | – | – | – | – | 0.00% |
 CIE Automotive IndiaCIEINDIA | 13,336 | 14.3 | 1.7 | 9.1 | +12.4% | +15.3% | 12.7% | 13.6% | 1.99% |
 Amara Raja Energy & MobilityARE&M | 12,578 | 13.6 | 1.6 | 8.2 | +12.7% | +7.2% | 11.9% | 10.9% | 1.54% |
 Lumax Auto TechnologiesLUMAXTECH | 12,321 | 38.0 | 10.2 | 18.3 | +33.3% | +72.8% | 30.2% | 21.6% | 0.30% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 14 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.80 |
| 13 Feb 2026 | Interim | ₹0.60 |
| 14 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.90 |
| 12 Feb 2025 | Interim | ₹0.50 |
| 7 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.90 |
| 14 Feb 2024 | Interim | ₹0.50 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
12 Oct · Disclosure of material issue
Sep 2026
29 Sep · Announcement under Regulation 30 (LODR)-Issue of Securities
24 Sep · Board meeting
22 Sep · Minda Corporation Limited Has Informed The Exchange Regarding Confirmation Of Redemption / Payment Of Interest And Principal Of Commercial Papers Of INR 100 Crores.
Minda Corporation share price by year
Each calendar year to 2025.Minda Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 574.10 | +17.3% | 607.60 | 458.80 |
| 2024 | 489.50 | +26.7% | 632.30 | 375.90 |
| 2023 | 386.25 | +88.8% | 401.05 | 192.70 |
| 2022 | 204.55 | +21.3% | 271.20 | 167.75 |
| 2021 | 168.60 | +88.0% | 177.75 | 85.70 |
| 2020 | 89.70 | −10.6% | 117.15 | 53.45 |
| 2019 | 100.35 | −32.1% | 154.85 | 66.75 |
| 2018 | 147.70 | −31.1% | 216.75 | 109.45 |
| 2017 | 214.35 | +141.7% | 219.35 | 88.30 |
| 2016 | 88.70 | −8.4% | 138.05 | 86.60 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 606.95 | 608.65 | 580.00 | 600.65 | 591.08 | 3,48,772 | 46.6% |
| 22 Oct 2026 | 601.50 | 627.95 | 597.80 | 612.95 | 614.27 | 3,25,421 | 52.7% |
| 21 Oct 2026 | 633.70 | 633.75 | 602.15 | 608.45 | 610.92 | 2,25,078 | 57.0% |
| 19 Oct 2026 | 645.25 | 648.05 | 630.20 | 633.70 | 636.85 | 1,33,294 | 53.2% |
| 16 Oct 2026 | 640.85 | 654.50 | 635.25 | 649.85 | 645.09 | 1,08,288 | 62.3% |
| 15 Oct 2026 | 657.70 | 657.75 | 629.80 | 638.95 | 640.31 | 3,05,791 | 55.4% |
| 14 Oct 2026 | 657.15 | 664.90 | 646.00 | 657.15 | 658.48 | 2,89,064 | 61.3% |
| 13 Oct 2026 | 647.95 | 653.35 | 641.10 | 651.20 | 648.60 | 54,837 | 42.2% |
| 12 Oct 2026 | 639.80 | 653.90 | 637.00 | 650.45 | 648.41 | 2,07,852 | 58.2% |
| 9 Oct 2026 | 635.05 | 643.45 | 630.60 | 636.30 | 638.36 | 1,53,138 | 62.3% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 5 Jan 2015 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 5 Jan 2015 | Split | 0.2000 | Each share became 5. |
| 27 Mar 2012 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
About Minda Corporation
Minda Corporation Limited makes automotive components and systems for vehicle manufacturers. It is a multi-product, multi-vertical Tier-1 supplier with a pan-India manufacturing footprint. Its customers span two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, off-road vehicles and the aftermarket.
The business is organised into six verticals: Vehicle Access Systems, Electrical Distribution Systems, Driver Information Systems, Lightweighting and Plastics, Electric Vehicle Systems and Electronics, and Power Train Systems. The Lightweighting and Plastics vertical makes aluminium die-castings, precision-machined components and engineered plastic parts. The Electric Vehicle Systems and Electronics vertical makes battery management systems, on-board chargers, DC-DC converters and motor controllers.
The company runs 42 manufacturing plants, four of them outside India, and has an established presence across ASEAN, Japan and Europe. It has a workforce of over 23,000 people, including more than 1,000 engineers, and has two advanced technology centres and seven engineering centres. Its head office is in Noida.
It was incorporated in 1985. It is the flagship company of the Spark Minda Group, and Minda Capital Private Limited is one of its promoters. A promoter is the person or group that set up a company or controls it. In January 2025 it acquired a 49% stake in Flash Electronics Private Limited, which makes magnetos, alternators, regulator-rectifiers and electric vehicle power electronics. In March 2026 it announced a 49:51 joint venture with Turntide Technologies for high-voltage motor controllers, electric vehicle motors and thermal-management pumps.
- Legal name
- Minda Corporation Limited
- NSE symbol
- MINDACORP
- BSE code
- 538962
- ISIN
- INE842C01021
- Industry
- Auto Components
- Listed
- Mar 2012 on NSE, Feb 2015 on BSE
- Face value
- ₹2
- CIN
- L74899DL1985PLC020401
- Corporate identity number, the registrar of companies' code for it