Minda Corporation Limited

BSE: 538962 NSE: MINDACORP
Minda Corporation Limited - automotive in Delhi, Delhi, India. FY 2026 financials and compliance.
CIN L74899DL1985PLC020401 Incorporated 11 March 1985 ROC Delhi HQ Delhi, Delhi, India
Active Listed - NSE: MINDACORP · BSE: 538962 Public Limited Company automotive
Data last updated
Revenue · FY 2026
₹6,185.34 Cr
▲ 22.33% YoY
Computed EBITDA · FY 2026
₹736.32 Cr
▲ 21.26% YoY
Net profit · FY 2026
₹358.22 Cr
▲ 40.27% YoY
Authorised capital
₹157.7 Cr
Registered with MCA
Paid-up capital
₹47.82 Cr
Issued & subscribed
Open charges
₹1,649 Cr
Satisfied ₹770 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
3,061
Latest available

About Minda Corporation Limited

Data last updated: 03 July 2026

Minda Corporation Limited is a public limited company based in Delhi, Delhi, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 11 March 1985, the company has been in operation for over 41 years.

Registered with ROC Delhi under CIN L74899DL1985PLC020401. Listed on BSE: 538962 and NSE: MINDACORP.

Capital: an authorised share capital of ₹157.7 Cr and a paid-up capital of ₹47.82 Cr. Formerly known as Minda Switch Auto Ltd and Minda Switch Auto Pvt Ltd. It is led by directors including Ashok Minda and Aakash Minda.

Last AGM: 22 August 2025. Financial statements filed for year ended 31 March 2025. Office: A – 15 Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹6,185.34 Cr, a growth of 22.33% compared to the previous year. The net worth stands at ₹2,658.52 Cr (up 20.72% YoY). Total assets are valued at ₹5,495.42 Cr (up 12.54% YoY).

The company has a workforce of approximately 3,061 employees as per the latest available data. Its group structure includes 3 subsidiaries and 2 joint ventures.

The company is associated with 1 brand - Spark Minda. As per MCA filings, the company has open charges of ₹1,649 Cr and satisfied charges of ₹770 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparkminda.com.

Company Details of Minda Corporation Limited
CIN L74899DL1985PLC020401
Registration Number 020401
Incorporation Date 11 March 1985
ROC Delhi
Listing Status Listed (BSE: 538962, NSE: MINDACORP)
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Ashok Minda Whole-Time Director Aakash Minda Whole-Time Director Naresh Kumar Modi Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    sparkminda.com
  • Social Media
  • Registered Address
    A – 15 Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052
  • Industry
    Automotive, Auto Parts & Components
Company report
Minda Corporation Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Minda Corporation Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Minda Corporation Limited

Minda Corporation Limited has undergone 3 name changes throughout its history. The company was previously known as Minda Switch Auto Ltd, Minda Switch Auto Pvt Ltd, and Minda Huf Limited. The current legal name is Minda Corporation Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Minda Corporation Limited Current
Minda Switch Auto Ltd Previous
Minda Switch Auto Pvt Ltd Previous
Minda Huf Limited Previous

Associated Brands with Minda Corporation Limited

Minda Corporation Limited operates one associated brand: Spark Minda. These brands represent Minda Corporation Limited's diversified market presence and brand portfolio.

Brand Description Website
Spark Minda
Manufacturer and supplier of automotive components sparkminda.com

Competitors & Alternatives of Minda Corporation Limited

Brands and companies operating in the same space as Minda Corporation Limited include Cummins, Valeo, UNO Minda and 6 more.

Competitor Description Location Founded
Cummins Cummins Manufacturer of gas-powered construction equipment United States 1919
Valeo Valeo Automotive products and services are supplied globally to automakers. Paris, France, France 1923
UNO Minda UNO Minda Manufacturer and supplier of major auto components to OEMs and tier 1 companies Gurugram, India, India 1958
Rane Group Rane Group Major auto components are manufactured and supplied to OEMs. Chennai, India, India 1929
Novares Novares Major auto components are manufactured and supplied globally. Clamart, France, France 1955
Schaeffler Schaeffler Manufacturer of bearings for the automotive industry Herzogenaurach, Germany, Germany 1946
Hutchinson Hutchinson Manufacturer and supplier of major auto components Paris, France, France 1853
Faurecia Faurecia Automotive components and systems are manufactured for vehicles. Nanterre, France, France 1997
ZF ZF Mobility systems are developed for cars, vehicles, and industrial uses. Friedrichshafen, Germany, Germany 1915

Business Activity of Minda Corporation Limited

Minda Corporation Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment Locked
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Business activity turnover details for Minda Corporation Limited

Turnover contribution percentages and historical activity changes require an active report plan.

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Auditor Details of Minda Corporation Limited

Minda Corporation Limited is audited by S.R. BATLIBOI & Co. LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
S.R. BATLIBOI & Co. LLP (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors and KMP of Minda Corporation Limited

Minda Corporation Limited currently reports 7 directors and 2 key managerial personnel. 17 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Ashok Minda
Also directs: Minda Capital Private Limited, Minda Vast Access Systems Private Limited, Flash Electronics (India) Private Limited and 3 more
Whole-Time Director 22 Jul 1987 38 Years 11 Months Current
Aakash Minda
Also directs: Whiteline Barter Limited, Minda Capital Private Limited, Flash Electronics (India) Private Limited and 4 more
Whole-Time Director 05 Nov 2020 5 Years 8 Months Current
Ravi Sud Director 01 Feb 2024 2 Years 5 Months Current
Pratima Ram
Also directs: Minda Instruments Limited, Manappuram Home Finance Limited, Avaali Solutions Private Limited and 1 more
Director 10 Nov 2016 9 Years 8 Months Current
Naresh Kumar Modi
Also directs: Minda Capital Private Limited, Minda Instruments Limited, Spark Minda Foundation and 2 more
Whole-Time Director 11 Dec 2020 5 Years 7 Months Current
Pardeep Mann
Also directs: Whiteline Barter Limited
Company Secretary 01 Aug 2020 5 Years 11 Months Current
Showing 6 of 9 current directors and KMP. View all directors and KMP

Financials of Minda Corporation Limited FY 2026 filings available

Minda Corporation Limited reported revenue of ₹6,185.34 Cr (up 22.33% YoY) for FY 2026.

Revenue · FY 2026
₹6,185.34 Cr ▲ 22.33%
Profit · FY 2026
₹358.22 Cr ▲ 40.27%
Computed EBITDA · FY 2026
₹736.32 Cr ▲ 21.26%
Revenue₹ Cr · Consolidated02,5005,0007,500FY 2020: ₹2,813 Cr2,813FY 2020FY 2021: ₹2,368 Cr · -15.8% YoY2,368-15.8%FY 2021FY 2022: ₹2,976 Cr · +25.7% YoY2,976+25.7%FY 2022FY 2023: ₹4,300 Cr · +44.5% YoY4,300+44.5%FY 2023FY 2024: ₹4,651 Cr · +8.2% YoY4,651+8.2%FY 2024FY 2025: ₹5,056 Cr · +8.7% YoY5,056+8.7%FY 2025FY 2026: ₹6,185 Cr · +22.3% YoY6,185+22.3%FY 2026
Net Profit₹ Cr · Consolidated-2000200400FY 2020: ₹200 Cr (loss)-200FY 2020FY 2021: ₹53 Cr · +126.4% YoY52.8+126.4%FY 2021FY 2022: ₹192 Cr · +263.4% YoY192+263.4%FY 2022FY 2023: ₹285 Cr · +48.3% YoY285+48.3%FY 2023FY 2024: ₹227 Cr · -20.1% YoY227-20.1%FY 2024FY 2025: ₹255 Cr · +12.4% YoY255+12.4%FY 2025FY 2026: ₹358 Cr · +40.3% YoY358+40.3%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01,0002,000Q1'25: ₹1,192 Cr · +11% YoY1,192+11%Q1'25Q2'25: ₹1,290 Cr · +7.9% YoY1,290+7.9%Q2'25Q3'25: ₹1,253 Cr · +7.4% YoY1,253+7.4%Q3'25Q4'25: ₹1,321 Cr · +8.7% YoY1,321+8.7%Q4'25Q1'26: ₹1,386 Cr · +16.2% YoY1,386+16.2%Q1'26Q2'26: ₹1,535 Cr · +19% YoY1,535+19%Q2'26Q3'26: ₹1,560 Cr · +24.6% YoY1,560+24.6%Q3'26Q4'26: ₹1,704 Cr · +29% YoY1,704+29%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹6,185.34 Cr ₹5,056.22 Cr ₹4,651.14 Cr ₹4,300.14 Cr ₹2,975.94 Cr ₹2,367.94 Cr ₹2,813.08 Cr
Other Income ₹15.23 Cr ₹32.41 Cr ₹15.74 Cr ₹15.78 Cr ₹24.15 Cr ₹33.2 Cr ₹44.27 Cr
Total Income ₹6,200.57 Cr ₹5,088.63 Cr ₹4,666.88 Cr ₹4,315.92 Cr ₹3,000.09 Cr ₹2,401.14 Cr ₹2,857.35 Cr
Cost of Materials Consumed ₹3,800.52 Cr ₹3,055.84 Cr ₹2,785.69 Cr ₹2,617.39 Cr ₹1,724.83 Cr ₹1,414.98 Cr ₹1,537.68 Cr
Purchases of Stock-in-Trade ₹147.51 Cr ₹94.97 Cr ₹108.51 Cr ₹185.33 Cr ₹137.26 Cr ₹103.55 Cr ₹75.27 Cr
Changes in Inventories -₹48.47 Cr -₹4.34 Cr ₹29.63 Cr -₹25.35 Cr ₹13.7 Cr -₹25.98 Cr ₹86.13 Cr
Employee Benefit Expense ₹933.52 Cr ₹782.5 Cr ₹728.48 Cr ₹625.54 Cr ₹474.23 Cr ₹382.72 Cr ₹502.67 Cr
Finance Costs ₹121.89 Cr ₹67.24 Cr ₹55.86 Cr ₹40.74 Cr ₹30.93 Cr ₹35.81 Cr ₹49.89 Cr
Depreciation & Amortisation ₹229.54 Cr ₹204.31 Cr ₹165.8 Cr ₹138.06 Cr ₹112.04 Cr ₹93.64 Cr ₹117.88 Cr
Other Expenses ₹631.17 Cr ₹552.45 Cr ₹484.43 Cr ₹435.74 Cr ₹331.36 Cr ₹275.66 Cr ₹361.4 Cr
Total Expenses ₹5,815.68 Cr ₹4,752.97 Cr ₹4,358.4 Cr ₹4,017.45 Cr ₹2,824.35 Cr ₹2,280.38 Cr ₹2,730.92 Cr
Profit Before Exceptional Items & Tax ₹384.89 Cr ₹335.66 Cr ₹308.48 Cr ₹298.47 Cr ₹175.74 Cr ₹120.76 Cr ₹126.43 Cr
Exceptional Items -₹1.42 Cr ₹0 ₹0 ₹0 ₹32.74 Cr ₹0 -₹293.29 Cr
Profit Before Tax ₹383.47 Cr ₹335.66 Cr ₹308.48 Cr ₹298.47 Cr ₹208.48 Cr ₹120.76 Cr -₹166.86 Cr
Total Tax Expense ₹106.33 Cr ₹96.46 Cr ₹83.23 Cr ₹4.08 Cr ₹24.04 Cr ₹31.16 Cr ₹45.4 Cr
Net Profit ₹358.22 Cr ₹255.37 Cr ₹227.22 Cr ₹284.5 Cr ₹191.88 Cr ₹52.8 Cr -₹199.81 Cr
  attributable to Owners ₹360.26 Cr ₹255.37 Cr ₹227.22 Cr ₹284.5 Cr ₹0 ₹0 -
  attributable to NCI -₹2.04 Cr - - ₹0 ₹0 ₹0 -
Other Comprehensive Income ₹11.86 Cr -₹1.12 Cr ₹194.48 Cr -₹1.3 Cr ₹2.91 Cr ₹41.23 Cr ₹5.37 Cr
Total Comprehensive Income ₹370.08 Cr ₹254.25 Cr ₹421.7 Cr ₹283.2 Cr ₹194.79 Cr ₹94.03 Cr -₹194.44 Cr
EBITDA (computed) ₹736.32 Cr ₹607.21 Cr ₹530.14 Cr ₹477.27 Cr ₹318.71 Cr ₹250.21 Cr ₹294.2 Cr
Basic EPS ₹15.31 ₹10.85 ₹9.65 ₹12.09 ₹8.16 ₹4.13 ₹-8.98
Diluted EPS ₹15.07 ₹10.68 ₹9.49 ₹11.89 ₹8.01 ₹4.05 ₹-8.98
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹5,495.42 Cr ₹4,883.1 Cr ₹3,439.03 Cr ₹3,224.3 Cr
Non-current Assets ₹3,477.85 Cr ₹3,205.25 Cr ₹1,459.52 Cr ₹1,617.85 Cr
Current Assets ₹2,017.57 Cr ₹1,677.85 Cr ₹1,979.51 Cr ₹1,606.45 Cr
Property, Plant & Equipment ₹1,446.48 Cr ₹1,346.95 Cr ₹1,050.11 Cr ₹864.48 Cr
Inventories ₹709.9 Cr ₹580.78 Cr ₹527.03 Cr ₹573.27 Cr
Trade Receivables ₹994.97 Cr ₹827.53 Cr ₹804.37 Cr ₹640.9 Cr
Cash & Equivalents ₹102.77 Cr ₹75.85 Cr ₹152.07 Cr ₹107.94 Cr
Equity (Net Worth) ₹2,658.52 Cr ₹2,202.18 Cr ₹1,980.66 Cr ₹1,590.74 Cr
Equity Share Capital ₹47.82 Cr ₹47.82 Cr ₹47.82 Cr ₹47.82 Cr
Borrowings (Non-current) ₹398.07 Cr ₹420.86 Cr ₹136.71 Cr ₹171.62 Cr
Borrowings (Current) ₹814.1 Cr ₹923.77 Cr ₹211.47 Cr ₹381.05 Cr
Total Debt (computed) ₹1,212.17 Cr ₹1,344.63 Cr ₹348.18 Cr ₹552.67 Cr
Current Liabilities ₹2,145.08 Cr ₹1,962.48 Cr ₹1,102.37 Cr ₹1,268.94 Cr
Total Liabilities ₹2,836.9 Cr ₹2,680.92 Cr ₹1,458.37 Cr ₹1,633.56 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹675.62 Cr ₹544.34 Cr ₹286.85 Cr ₹598.27 Cr ₹166.87 Cr
Investing Cash Flow -₹383.08 Cr -₹1,408.65 Cr ₹116.74 Cr -₹639.83 Cr -₹7.27 Cr
Financing Cash Flow -₹267.2 Cr ₹788.52 Cr -₹358.54 Cr ₹75.16 Cr -₹142.51 Cr
Capital Expenditure ₹394.44 Cr ₹350.06 Cr ₹252.03 Cr ₹250.73 Cr ₹108.54 Cr
Free Cash Flow (computed) ₹281.18 Cr ₹194.28 Cr ₹34.82 Cr ₹347.54 Cr ₹58.33 Cr
Dividends Paid ₹35.3 Cr ₹32.95 Cr ₹30.41 Cr ₹26.3 Cr ₹15.26 Cr
Net Change in Cash ₹26.92 Cr -₹75.79 Cr ₹45.05 Cr ₹37.1 Cr ₹17.79 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹1,703.81 Cr ₹1,560.29 Cr ₹1,535.36 Cr ₹1,385.88 Cr ₹1,321.26 Cr ₹1,252.56 Cr ₹1,290.01 Cr ₹1,192.39 Cr ₹1,214.98 Cr ₹1,165.81 Cr ₹1,195.84 Cr ₹1,074.51 Cr
Other Income ₹5.62 Cr ₹3.37 Cr ₹2.95 Cr ₹3.29 Cr ₹3.33 Cr ₹9.09 Cr ₹11.65 Cr ₹8.34 Cr ₹9.8 Cr ₹1.98 Cr ₹2.03 Cr ₹1.93 Cr
Total Income ₹1,709.43 Cr ₹1,563.66 Cr ₹1,538.31 Cr ₹1,389.17 Cr ₹1,324.59 Cr ₹1,261.65 Cr ₹1,301.66 Cr ₹1,200.73 Cr ₹1,224.78 Cr ₹1,167.79 Cr ₹1,197.87 Cr ₹1,076.44 Cr
Cost of Materials Consumed ₹1,026.62 Cr ₹986.84 Cr ₹949.29 Cr ₹837.77 Cr ₹793.52 Cr ₹761.19 Cr ₹787.4 Cr ₹713.73 Cr ₹687.19 Cr ₹703.69 Cr ₹737.06 Cr ₹657.75 Cr
Purchases of Stock-in-Trade ₹69.53 Cr ₹20.96 Cr ₹22.44 Cr ₹34.58 Cr ₹19.14 Cr ₹21.93 Cr ₹31.15 Cr ₹22.75 Cr ₹17.92 Cr ₹36.05 Cr ₹20.95 Cr ₹33.59 Cr
Changes in Inventories ₹5.2 Cr -₹27.63 Cr -₹15.8 Cr -₹10.24 Cr ₹3.02 Cr -₹11.73 Cr -₹6.31 Cr ₹10.68 Cr ₹60.48 Cr -₹14.03 Cr -₹52 Lakh -₹16.3 Cr
Employee Benefit Expense ₹230.43 Cr ₹241.55 Cr ₹234.78 Cr ₹226.76 Cr ₹202.14 Cr ₹199.89 Cr ₹192.7 Cr ₹187.77 Cr ₹179.36 Cr ₹186.45 Cr ₹187.27 Cr ₹175.4 Cr
Finance Costs ₹29.54 Cr ₹28.56 Cr ₹30.99 Cr ₹32.8 Cr ₹34.5 Cr ₹11.9 Cr ₹11.08 Cr ₹9.76 Cr ₹12.48 Cr ₹14.32 Cr ₹14.93 Cr ₹14.13 Cr
Depreciation & Amortisation ₹58.7 Cr ₹57.71 Cr ₹57.08 Cr ₹56.05 Cr ₹56.81 Cr ₹50.36 Cr ₹51.22 Cr ₹45.92 Cr ₹43.63 Cr ₹41.73 Cr ₹41.41 Cr ₹39.03 Cr
Other Expenses ₹168.66 Cr ₹155.05 Cr ₹166.74 Cr ₹140.72 Cr ₹150.56 Cr ₹137.72 Cr ₹138.49 Cr ₹125.68 Cr ₹131.47 Cr ₹123.78 Cr ₹119.77 Cr ₹109.41 Cr
Total Expenses ₹1,588.68 Cr ₹1,463.04 Cr ₹1,445.52 Cr ₹1,318.44 Cr ₹1,259.69 Cr ₹1,171.26 Cr ₹1,205.73 Cr ₹1,116.29 Cr ₹1,132.53 Cr ₹1,091.99 Cr ₹1,120.87 Cr ₹1,013.01 Cr
Profit Before Exceptional Items & Tax ₹120.75 Cr ₹100.62 Cr ₹92.79 Cr ₹70.73 Cr ₹64.9 Cr ₹90.39 Cr ₹95.93 Cr ₹84.44 Cr ₹92.25 Cr ₹75.8 Cr ₹77 Cr ₹63.43 Cr
Exceptional Items ₹2.68 Cr -₹4.1 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹123.43 Cr ₹96.52 Cr ₹92.79 Cr ₹70.73 Cr ₹64.9 Cr ₹90.39 Cr ₹95.93 Cr ₹84.44 Cr ₹92.25 Cr ₹75.8 Cr ₹77 Cr ₹63.43 Cr
Total Tax Expense ₹30.9 Cr ₹31.59 Cr ₹25.28 Cr ₹18.56 Cr ₹23.17 Cr ₹26.03 Cr ₹25.16 Cr ₹22.1 Cr ₹22.65 Cr ₹25.01 Cr ₹18.72 Cr ₹16.85 Cr
Net Profit ₹124 Cr ₹84.27 Cr ₹84.64 Cr ₹65.31 Cr ₹52.03 Cr ₹64.8 Cr ₹74.34 Cr ₹64.2 Cr ₹70.75 Cr ₹52.49 Cr ₹58.77 Cr ₹45.21 Cr
  attributable to Owners ₹124.61 Cr ₹85.7 Cr ₹84.64 Cr ₹65.31 Cr ₹52.03 Cr ₹64.8 Cr ₹74.34 Cr ₹64.2 Cr ₹70.75 Cr ₹52.49 Cr ₹58.77 Cr ₹45.21 Cr
  attributable to NCI -₹61 Lakh -₹1.43 Cr - - - ₹0 - - - ₹0 ₹0 ₹0
Other Comprehensive Income ₹7.21 Cr ₹1.25 Cr ₹3.16 Cr ₹24 Lakh -₹1.74 Cr -₹3.98 Cr ₹7.66 Cr -₹3.06 Cr -₹76.75 Cr ₹68.66 Cr ₹168.64 Cr ₹33.93 Cr
Total Comprehensive Income ₹131.21 Cr ₹85.52 Cr ₹87.8 Cr ₹65.55 Cr ₹50.29 Cr ₹60.82 Cr ₹82 Cr ₹61.14 Cr -₹6 Cr ₹121.15 Cr ₹227.41 Cr ₹79.14 Cr
EBITDA (computed) ₹208.99 Cr ₹186.89 Cr ₹180.86 Cr ₹159.58 Cr ₹156.21 Cr ₹152.65 Cr ₹158.23 Cr ₹140.12 Cr ₹148.36 Cr ₹131.85 Cr ₹133.34 Cr ₹116.59 Cr
Basic EPS ₹5.29 ₹3.64 ₹3.60 ₹2.78 ₹2.21 ₹2.75 ₹3.16 ₹2.73 ₹3.01 ₹2.23 ₹2.50 ₹1.92
Diluted EPS ₹5.21 ₹3.58 ₹3.54 ₹2.73 ₹2.18 ₹2.71 ₹3.11 ₹2.69 ₹2.96 ₹2.19 ₹2.46 ₹1.89
Latest 12 quarters shown of 25 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹5,017.02 Cr ₹4,144.33 Cr ₹3,844.5 Cr ₹3,492.42 Cr ₹2,734.82 Cr ₹2,288.75 Cr ₹2,130.51 Cr
Other Income ₹49.25 Cr ₹37.76 Cr ₹14.24 Cr ₹41.94 Cr ₹46.29 Cr ₹30.34 Cr ₹47.91 Cr
Total Income ₹5,066.27 Cr ₹4,182.09 Cr ₹3,858.74 Cr ₹3,534.36 Cr ₹2,781.11 Cr ₹2,319.09 Cr ₹2,178.42 Cr
Cost of Materials Consumed ₹3,006.23 Cr ₹2,399.7 Cr ₹2,210.93 Cr ₹2,067.67 Cr ₹1,581.33 Cr ₹1,380.69 Cr ₹1,237.71 Cr
Purchases of Stock-in-Trade ₹114.69 Cr ₹113.83 Cr ₹126.11 Cr ₹174.34 Cr ₹131.71 Cr ₹96.15 Cr ₹70.11 Cr
Changes in Inventories -₹26.85 Cr ₹99 Lakh ₹23.08 Cr -₹23.47 Cr ₹11.45 Cr -₹25.77 Cr -₹19.53 Cr
Employee Benefit Expense ₹784.04 Cr ₹663.5 Cr ₹617.42 Cr ₹534.01 Cr ₹436.54 Cr ₹362.4 Cr ₹335.26 Cr
Finance Costs ₹122.48 Cr ₹66.72 Cr ₹54.86 Cr ₹38.77 Cr ₹30.45 Cr ₹35.81 Cr ₹38.93 Cr
Depreciation & Amortisation ₹191.37 Cr ₹170.7 Cr ₹136.11 Cr ₹109.97 Cr ₹102.76 Cr ₹89.71 Cr ₹82.3 Cr
Other Expenses ₹559.62 Cr ₹489.27 Cr ₹429.95 Cr ₹383.05 Cr ₹308.89 Cr ₹266.6 Cr ₹267.84 Cr
Total Expenses ₹4,751.58 Cr ₹3,904.71 Cr ₹3,598.46 Cr ₹3,284.34 Cr ₹2,603.13 Cr ₹2,205.59 Cr ₹2,012.62 Cr
Profit Before Exceptional Items & Tax ₹314.69 Cr ₹277.38 Cr ₹260.28 Cr ₹250.02 Cr ₹177.98 Cr ₹113.5 Cr ₹165.8 Cr
Exceptional Items -₹64 Lakh ₹0 ₹0 -₹25 Cr ₹0 ₹0 -₹366.55 Cr
Profit Before Tax ₹314.05 Cr ₹277.38 Cr ₹260.28 Cr ₹225.02 Cr ₹177.98 Cr ₹113.5 Cr -₹200.75 Cr
Total Tax Expense ₹72.49 Cr ₹71.48 Cr ₹71.81 Cr -₹15.59 Cr ₹17.78 Cr ₹29.83 Cr ₹40.27 Cr
Net Profit ₹241.56 Cr ₹205.9 Cr ₹188.47 Cr ₹240.61 Cr ₹160.2 Cr ₹83.67 Cr -₹241.02 Cr
Other Comprehensive Income ₹2.67 Cr ₹2 Lakh ₹198.83 Cr -₹6.04 Cr -₹62 Lakh -₹1 Lakh -₹1.37 Cr
Total Comprehensive Income ₹244.23 Cr ₹205.92 Cr ₹387.3 Cr ₹234.57 Cr ₹159.58 Cr ₹83.66 Cr -₹242.39 Cr
EBITDA (computed) ₹628.54 Cr ₹514.8 Cr ₹451.25 Cr ₹398.76 Cr ₹311.19 Cr ₹239.02 Cr ₹287.03 Cr
Basic EPS ₹10.10 ₹8.61 ₹7.88 ₹10.06 ₹6.70 ₹3.62 ₹-10.61
Diluted EPS ₹10.10 ₹8.61 ₹7.88 ₹10.06 ₹6.70 ₹3.62 ₹-10.61
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹4,699.82 Cr ₹4,376.33 Cr ₹3,005.91 Cr ₹2,843.55 Cr
Non-current Assets ₹3,289.94 Cr ₹3,126.45 Cr ₹1,398.53 Cr ₹1,606.46 Cr
Current Assets ₹1,409.88 Cr ₹1,249.88 Cr ₹1,607.38 Cr ₹1,237.09 Cr
Property, Plant & Equipment ₹1,226.23 Cr ₹1,164.82 Cr ₹916.36 Cr ₹755.65 Cr
Inventories ₹519.73 Cr ₹447.46 Cr ₹415.72 Cr ₹457.19 Cr
Trade Receivables ₹712.28 Cr ₹629.31 Cr ₹612.99 Cr ₹477.89 Cr
Cash & Equivalents ₹18.73 Cr ₹8.05 Cr ₹86.53 Cr ₹55.13 Cr
Equity (Net Worth) ₹2,224.13 Cr ₹1,910.73 Cr ₹1,738.2 Cr ₹1,384.19 Cr
Equity Share Capital ₹47.82 Cr ₹47.82 Cr ₹47.82 Cr ₹47.82 Cr
Borrowings (Non-current) ₹372.92 Cr ₹395.69 Cr ₹136.71 Cr ₹171.62 Cr
Borrowings (Current) ₹896.69 Cr ₹994.68 Cr ₹226.47 Cr ₹411.31 Cr
Total Debt (computed) ₹1,269.61 Cr ₹1,390.37 Cr ₹363.18 Cr ₹582.93 Cr
Current Liabilities ₹1,867.16 Cr ₹1,822.48 Cr ₹945.69 Cr ₹1,133.04 Cr
Total Liabilities ₹2,475.69 Cr ₹2,465.6 Cr ₹1,267.71 Cr ₹1,459.36 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹587.62 Cr ₹467.44 Cr ₹242.19 Cr ₹536.94 Cr ₹139.69 Cr
Investing Cash Flow -₹305.86 Cr -₹1,368.33 Cr ₹143.67 Cr -₹614.3 Cr ₹26.98 Cr
Financing Cash Flow -₹271.08 Cr ₹822.41 Cr -₹354.46 Cr ₹108.24 Cr -₹159.81 Cr
Capital Expenditure ₹322.44 Cr ₹309.33 Cr ₹200.91 Cr ₹230.22 Cr ₹97.47 Cr
Free Cash Flow (computed) ₹265.18 Cr ₹158.11 Cr ₹41.28 Cr ₹306.72 Cr ₹42.22 Cr
Dividends Paid ₹35.86 Cr ₹33.47 Cr ₹31.08 Cr ₹26.3 Cr ₹15.54 Cr
Net Change in Cash ₹18.73 Cr -₹78.48 Cr ₹31.4 Cr ₹30.88 Cr ₹6.86 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹1,370.4 Cr ₹1,263.36 Cr ₹1,248.71 Cr ₹1,134.55 Cr ₹1,083.16 Cr ₹1,036.59 Cr ₹1,057.6 Cr ₹966.98 Cr ₹1,004.6 Cr ₹969.01 Cr ₹990.44 Cr ₹880.45 Cr
Other Income ₹5.95 Cr ₹29.18 Cr ₹4.17 Cr ₹9.95 Cr ₹5.56 Cr ₹10.49 Cr ₹13 Cr ₹8.71 Cr ₹8.67 Cr ₹1.9 Cr ₹1.84 Cr ₹1.83 Cr
Total Income ₹1,376.35 Cr ₹1,292.54 Cr ₹1,252.88 Cr ₹1,144.5 Cr ₹1,088.72 Cr ₹1,047.08 Cr ₹1,070.6 Cr ₹975.69 Cr ₹1,013.27 Cr ₹970.91 Cr ₹992.28 Cr ₹882.28 Cr
Cost of Materials Consumed ₹826.46 Cr ₹769.38 Cr ₹749.29 Cr ₹661.1 Cr ₹628.24 Cr ₹604.77 Cr ₹616.68 Cr ₹550.01 Cr ₹540.27 Cr ₹561.39 Cr ₹584.12 Cr ₹525.15 Cr
Purchases of Stock-in-Trade ₹25.5 Cr ₹27.67 Cr ₹25.74 Cr ₹35.78 Cr ₹22.17 Cr ₹29.6 Cr ₹35.69 Cr ₹26.37 Cr ₹21.94 Cr ₹40.35 Cr ₹31.19 Cr ₹32.63 Cr
Changes in Inventories ₹7.35 Cr -₹21.44 Cr -₹9.59 Cr -₹3.17 Cr ₹6.02 Cr -₹11.84 Cr -₹5.47 Cr ₹12.28 Cr ₹49.25 Cr -₹12.94 Cr -₹1.31 Cr -₹11.92 Cr
Employee Benefit Expense ₹191.19 Cr ₹202.68 Cr ₹198.07 Cr ₹192.1 Cr ₹171.59 Cr ₹170.82 Cr ₹163.48 Cr ₹157.61 Cr ₹152.55 Cr ₹158.17 Cr ₹158.6 Cr ₹148.1 Cr
Finance Costs ₹29.83 Cr ₹28.84 Cr ₹31.05 Cr ₹32.76 Cr ₹34.46 Cr ₹11.75 Cr ₹10.93 Cr ₹9.58 Cr ₹11.92 Cr ₹13.92 Cr ₹14.83 Cr ₹14.19 Cr
Depreciation & Amortisation ₹48.89 Cr ₹47.73 Cr ₹47.63 Cr ₹47.12 Cr ₹47.79 Cr ₹42.49 Cr ₹42.38 Cr ₹38.04 Cr ₹36.07 Cr ₹34.21 Cr ₹33.96 Cr ₹31.87 Cr
Other Expenses ₹149.79 Cr ₹137.33 Cr ₹147.71 Cr ₹124.79 Cr ₹132.73 Cr ₹120.65 Cr ₹123.62 Cr ₹112.27 Cr ₹118.69 Cr ₹109.11 Cr ₹106.67 Cr ₹95.48 Cr
Total Expenses ₹1,279.01 Cr ₹1,192.19 Cr ₹1,189.9 Cr ₹1,090.48 Cr ₹1,043 Cr ₹968.24 Cr ₹987.31 Cr ₹906.16 Cr ₹930.69 Cr ₹904.21 Cr ₹928.06 Cr ₹835.5 Cr
Profit Before Exceptional Items & Tax ₹97.34 Cr ₹100.35 Cr ₹62.98 Cr ₹54.02 Cr ₹45.72 Cr ₹78.84 Cr ₹83.29 Cr ₹69.53 Cr ₹82.58 Cr ₹66.7 Cr ₹64.22 Cr ₹46.78 Cr
Exceptional Items ₹2.28 Cr -₹2.92 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹99.62 Cr ₹97.43 Cr ₹62.98 Cr ₹54.02 Cr ₹45.72 Cr ₹78.84 Cr ₹83.29 Cr ₹69.53 Cr ₹82.58 Cr ₹66.7 Cr ₹64.22 Cr ₹46.78 Cr
Total Tax Expense ₹26.28 Cr ₹18.03 Cr ₹15.99 Cr ₹12.19 Cr ₹11.94 Cr ₹20.99 Cr ₹20.62 Cr ₹17.93 Cr ₹21.04 Cr ₹22.38 Cr ₹16.45 Cr ₹11.94 Cr
Net Profit ₹73.34 Cr ₹79.4 Cr ₹46.99 Cr ₹41.83 Cr ₹33.78 Cr ₹57.85 Cr ₹62.67 Cr ₹51.6 Cr ₹61.54 Cr ₹44.32 Cr ₹47.77 Cr ₹34.84 Cr
Other Comprehensive Income ₹1.82 Cr ₹6 Lakh ₹79 Lakh ₹0 -₹34 Lakh ₹0 ₹36 Lakh ₹0 -₹74.29 Cr ₹68.17 Cr ₹170.71 Cr ₹34.24 Cr
Total Comprehensive Income ₹75.16 Cr ₹79.46 Cr ₹47.78 Cr ₹41.83 Cr ₹33.44 Cr ₹57.85 Cr ₹63.03 Cr ₹51.6 Cr -₹12.75 Cr ₹112.49 Cr ₹218.48 Cr ₹69.08 Cr
EBITDA (computed) ₹176.06 Cr ₹176.92 Cr ₹141.66 Cr ₹133.9 Cr ₹127.97 Cr ₹133.08 Cr ₹136.6 Cr ₹117.15 Cr ₹130.57 Cr ₹114.83 Cr ₹113.01 Cr ₹92.84 Cr
Basic EPS ₹3.07 ₹3.32 ₹1.97 ₹1.75 ₹1.41 ₹2.42 ₹2.62 ₹2.16 ₹2.57 ₹1.85 ₹2.00 ₹1.46
Diluted EPS ₹3.07 ₹3.32 ₹1.97 ₹1.75 ₹1.41 ₹2.42 ₹2.62 ₹2.16 ₹2.57 ₹1.85 ₹2.00 ₹1.46
Latest 12 quarters shown of 25 on record.
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You're viewing the latest exchange-filed financials for Minda Corporation Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Minda Corporation Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 64.84%, foreign institutional investors hold 8.80%, domestic institutional investors hold 18.83%, retail and other public shareholders hold 5.97% of Minda Corporation Limited. The company had 89,480 shareholders on record.

Promoters: 64.84%DII (Domestic Institutional): 18.83%FII (Foreign Institutional): 8.80%Retail & Others: 5.97%Others: 1.56%
Mar 2026
QUARTER
64.84% Promoters
18.83% DII (Domestic Institutional)
8.80% FII (Foreign Institutional)
5.97% Retail & Others
1.56% Others
Promoter holding - history
Now 64.84% · Mar 2026High 70.21% · Sep 2016Low 63.15% · Dec 2015
62%64.5%67%69.5%72%Dec 2015May 2018Dec 2020Jun 2023Dec 2025Dec 2015: 63.15%Mar 2016: 65.33%Jun 2016: 65.23%Sep 2016: 70.21%Dec 2016: 70.21%Mar 2017: 70.21%Jun 2017: 70.21%Sep 2017: 70.21%Dec 2017: 70.21%Mar 2018: 70.21%May 2018: 64.67%Jun 2018: 64.67%Sep 2018: 64.67%Dec 2018: 64.67%Mar 2019: 68.02%Jun 2019: 68.08%Sep 2019: 68.10%Dec 2019: 68.10%Mar 2020: 68.10%Sep 2020: 68.10%Dec 2020: 64.73%Mar 2021: 64.73%Jun 2021: 64.73%Sep 2021: 64.73%Dec 2021: 64.73%Mar 2022: 64.73%Jun 2022: 64.73%Sep 2022: 64.73%Dec 2022: 64.73%Mar 2023: 64.73%Jun 2023: 64.73%Sep 2023: 64.84%Dec 2023: 64.84%Mar 2024: 64.84%Jun 2024: 64.84%Sep 2024: 64.84%Dec 2024: 64.84%Mar 2025: 64.84%Jun 2025: 64.84%Sep 2025: 64.84%Dec 2025: 64.84%Mar 2026: 64.84%70.21%63.15%64.84%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters64.84%64.84%64.84%64.84%64.84%64.84%
Public33.60%33.60%33.60%33.59%33.59%33.57%
Employee Trusts1.56%1.56%1.56%1.57%1.57%1.59%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters64.84%64.84%64.84%64.73%64.73%64.73%68.10%68.02%70.21%70.21%65.33%
Public33.60%33.59%33.57%33.59%33.51%33.37%29.79%29.78%27.24%27.24%32.12%
Employee Trusts1.56%1.57%1.59%1.68%1.76%1.90%2.09%2.21%2.55%2.55%2.55%
Promoter change (YoY, %pts)+0.00+0.00+0.11+0.00+0.00-3.37+0.08-2.19+0.00+4.88-

Board & Governance of Minda Corporation Limited

As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Minda Corporation Limited has 7 directors - 4 independent and 3 executive. The board is chaired by Ashok Minda.

DirectorPositionOn board sinceListed boards
Ashok Minda Executive Director · CEO · Chairperson 2011-08-01 1
Pratima Ram Non-Executive - Independent Director 2016-11-10 2
Aakash Minda Executive Director 2020-11-05 1
Naresh Kumar Modi Executive Director 2020-12-11 1
Gajanan Vithal Gandhe Non-Executive - Independent Director 2023-08-03 1
Ravi Sud Non-Executive - Independent Director 2024-02-01 1
Laxman Ramnarayan Non-Executive - Independent Director 2024-05-22 1
Board Committees
CommitteeMembers
Audit Committee Pratima Ram (Chairperson), Ravi Sud, Laxman Ramnarayan
Nomination and remuneration committee Gajanan Vithal Gandhe (Chairperson), Ravi Sud, Pratima Ram
Stakeholders Relationship Committee Laxman Ramnarayan (Chairperson), Pratima Ram, Gajanan Vithal Gandhe
Risk Management Committee Ravi Sud (Chairperson), Laxman Ramnarayan, Aakash Minda
Corporate Social Responsibility Committee Pratima Ram (Chairperson), Gajanan Vithal Gandhe, Ashok Minda

Group Structure of Minda Corporation Limited

Minda Corporation Limited has 3 subsidiary companies, 2 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Minda Corporation Limited's business expansion strategy and organizational complexity.

3
Subsidiary companies
2
Joint ventures
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Spark Minda Green Mobility Systems Private Limited U34100DL2021PTC377353 -
Minda Instruments Limited U74899DL1995PLC066645 -
Spark Minda Foundation U85100DL2014NPL273844 -

Showing major subsidiaries. Total: 3.

Charges & Borrowings of Minda Corporation Limited

Open charges
₹1,649 Cr
Satisfied charges
₹770 Cr
Breakdown by lending institutions
Others₹525.99 Cr
Hdfc Bank Limited₹450.00 Cr
State Bank of India₹400.00 Cr
Citi Bank N.A.₹150.00 Cr
Standard Chartered Bank₹123.00 Cr
Others₹0.01 Cr
Latest charge details
DateLenderAmountStatus
26 Mar 2025 State Bank of India ₹200 Cr Open
25 Mar 2025 Hdfc Bank Limited ₹150 Cr Open
19 Mar 2025 Others ₹10 Cr Open
27 Jan 2025 Others ₹25 Cr Open
30 Dec 2024 Others ₹150 Cr Open

Total charge records: 198 View all charges

Employees and EPFO Compliance at Minda Corporation Limited

Minda Corporation Limited has a workforce of 3,061 employees as of Apr 05, 2024.

Employee count
3,061
Active EPFO establishments
18
Employee growth
4.69%
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Employee and EPFO history for Minda Corporation Limited

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GST Compliance of Minda Corporation Limited

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Credit Ratings, Litigation & Regulatory Alerts for Minda Corporation Limited

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MSME Payment Delays by Minda Corporation Limited

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MSME payment history for Minda Corporation Limited

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Subsidiaries & Group Companies of Minda Corporation Limited

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Corporate group structure for Minda Corporation Limited

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MCA Filings & Documents of Minda Corporation Limited

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Recent Activity on Minda Corporation Limited

Directors
27 Feb 2026
Ajay Agarwal was appointed as a CFO on 27 Feb 2026 & has been associated with this company since 4 months 19 days.
Charges
17 Sep 2025
A charge with State Bank Of India of Rs. 200.00 Cr registered on 26 Mar 2025 with Charge ID 101072033 was modified on 17 Sep 2025.
Charges
17 Sep 2025
A charge with Hdfc Bank Limited of Rs. 150.00 Cr registered on 25 Mar 2025 with Charge ID 101079888 was modified on 17 Sep 2025.
Charges
17 Sep 2025
A charge with Others of Rs. 150.00 Cr registered on 30 Dec 2024 with Charge ID 101031770 was modified on 17 Sep 2025.
Charges
17 Sep 2025
A charge with Hdfc Bank Limited of Rs. 40.50 Cr registered on 28 Nov 2024 with Charge ID 101014260 was modified on 17 Sep 2025.
Charges
17 Sep 2025
A charge with Hdfc Bank Limited of Rs. 97.50 Cr registered on 17 Aug 2023 with Charge ID 100773856 was modified on 17 Sep 2025.

Recent News on Minda Corporation Limited

Stocks that will see action today: February 6, 2025
06 Feb 2025 · Thehindubusinessline
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25 Jan 2025 · Thehindubusinessline

Frequently Asked Questions about Minda Corporation Limited

Minda Corporation Limited is an active public limited company in the automotive sector based in Delhi, Delhi, India. It was incorporated on 11 March 1985 (41+ years old) and is registered under CIN L74899DL1985PLC020401. Listed on BSE: 538962 and NSE: MINDACORP. The company has 3,061 employees.

Minda Corporation Limited reported revenue of ₹6,185.34 Cr for FY 2026 (up 22.33% YoY) based on consolidated NSE filings.

The current directors and KMP of Minda Corporation Limited are:

The primary industry of Minda Corporation Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.

Yes. Minda Corporation Limited is listed on both BSE (code: 538962) and NSE (symbol: MINDACORP).

Minda Corporation Limited can be reached at the registered office: A – 15 Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052, or through the website sparkminda.com.

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