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 the financials filed for FY 2025, the company reported a revenue of ₹5,088.6 Cr, a growth of 9% compared to the previous year.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressA – 15 Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|
| 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 |
|---|---|---|---|
|
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Manufacturer of gas-powered construction equipment | United States | 1919 |
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Automotive products and services are supplied globally to automakers. | Paris, France, France | 1923 |
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies | Gurugram, India, India | 1958 |
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Major auto components are manufactured and supplied to OEMs. | Chennai, India, India | 1929 |
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Major auto components are manufactured and supplied globally. | Clamart, France, France | 1955 |
|
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Manufacturer of bearings for the automotive industry | Herzogenaurach, Germany, Germany | 1946 |
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Manufacturer and supplier of major auto components | Paris, France, France | 1853 |
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Automotive components and systems are manufactured for vehicles. | Nanterre, France, France | 1997 |
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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 | ********* |
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 of Minda Corporation Limited
Minda Corporation Limited is currently managed by 9 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ashok Minda
Also directs:
Minda Capital Private Limited, Minda Vast Access Systems Private Limited, Flash Electronics (India) Private Limited and 3 more
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Whole-Time Director | 22 Jul 1987 | 38 Years 11 Months | Current |
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Aakash Minda
Also directs:
Minda Capital Private Limited, Flash Electronics (India) Private Limited, Minda Spectrum Advisory Limited. and 4 more
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Whole-Time Director | 05 Nov 2020 | 5 Years 8 Months | Current |
| Ravi Sud | Director | 01 Feb 2024 | 2 Years 5 Months | Current |
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Pratima Ram
Also directs:
Minda Instruments Limited, Manappuram Finance Limited, Manappuram Home Finance Limited and 2 more
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Director | 10 Nov 2016 | 9 Years 7 Months | Current |
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Naresh Kumar Modi
Also directs:
Minda Capital Private Limited, Minda Instruments Limited, Spark Minda Foundation and 2 more
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Whole-Time Director | 11 Dec 2020 | 5 Years 6 Months | Current |
| Laxman Ramnarayan | Director | 22 May 2024 | 2 Years 1 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
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.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% |
| Public | 33.60% | 33.60% | 33.60% | 33.59% | 33.59% | 33.57% |
| Employee Trusts | 1.56% | 1.56% | 1.56% | 1.57% | 1.57% | 1.59% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.84% | 64.84% | 64.84% | 64.73% | 64.73% | 64.73% | 68.10% | 68.02% | 70.21% | 70.21% | 65.33% |
| Public | 33.60% | 33.59% | 33.57% | 33.59% | 33.51% | 33.37% | 29.79% | 29.78% | 27.24% | 27.24% | 32.12% |
| Employee Trusts | 1.56% | 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.
| Director | Position | On board since | Listed 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 |
| Committee | Members |
|---|---|
| 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.
| 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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 & EPFO Data of Minda Corporation Limited
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GST Compliance of Minda Corporation Limited
GSTIN & GST Filing Data of Minda Corporation Limited
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Credit Ratings, Litigation & Regulatory Alerts for Minda Corporation Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Minda Corporation Limited
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MSME Payment Delays by Minda Corporation Limited
MSME Payment Delays by Minda Corporation Limited
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Subsidiaries & Group Companies of Minda Corporation Limited
Subsidiaries & Group Companies of Minda Corporation Limited
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MCA Filings & Documents of Minda Corporation Limited
MCA Filings & Documents of Minda Corporation Limited
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Recent Activity on Minda Corporation Limited
Recent News on Minda Corporation Limited
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 ₹5,088.6 Cr for FY 2025 (up 9.00% YoY).
The current directors of Minda Corporation Limited are:
- Ashok Minda
- Aakash Minda
- Ravi Sud
- Pratima Ram
- Naresh Kumar Modi
- Pardeep Mann
- Ajay Agarwal
- Laxman Ramnarayan
- Gajanan Vithal Gandhe
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.