Minda Corporation quarterly results and financials

Minda Corporation (MINDACORP)₹704.60−0.52%(9 Nov 2026 close)Auto Components & Equipments

Key facts

In the Jun 2026 quarter (consolidated), Minda Corporation reported sales of ₹1,846 Cr, up 33.2% from Jun 2025, and net profit of ₹205 Cr, up 216.8% year on year. For the year to Mar 2026, sales were ₹6,178 Cr and net profit ₹357 Cr.

Sales (Jun 2026): ₹1,846 Cr
Net profit (Jun 2026): ₹205 Cr
Sales (FY Mar 2026): ₹6,178 Cr
Net profit (FY Mar 2026): ₹357 Cr
EPS (Jun 2026): ₹8.63
Borrowings (Mar 2026): ₹1,476 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Minda Corporation quarterly results

₹ crore unless stated; each column is a quarter.

Minda Corporation Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,195	1,165	1,215	1,192	1,288	1,252	1,321	1,385	1,534	1,559	1,702	1,846
Expenses	1,068	1,039	1,080	1,065	1,147	1,112	1,173	1,233	1,362	1,382	1,504	1,641
Operating Profit	130	130	138	131	146	143	152	155	177	183	202	211
OPM %	11.0%	11.0%	11.1%	11.1%	11.0%	11.1%	12.1%	11.0%	12.0%	12.1%	12.0%	11.0%
Other Income	1.99	1.99	9.99	7.99	11.99	8.99	2.99	2.99	2.99	−0.99	7.99	126
Interest	14.99	14.01	11.99	10.01	11.01	12.01	34.01	33.02	31.03	29.02	30.01	31.02
Depreciation	41.10	42.10	44.08	46.08	51.09	50.09	57.07	56.07	57.06	58.06	59.08	69.17
Profit before tax	76.81	75.81	91.79	83.77	95.72	89.73	64.78	70.85	92.80	96.75	123	236
Tax %	24.1%	33.1%	25.0%	26.0%	26.0%	29.1%	36.0%	26.0%	27.0%	33.0%	25.0%	20.1%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−1.99	1.99	98.73
Net Profit	58.81	51.83	70.71	63.78	73.79	64.81	51.81	64.81	84.75	83.73	124	205
EPS (Rs)	2.47	2.21	2.97	2.70	3.12	2.72	2.19	2.74	3.55	3.59	5.22	8.63

Minda Corporation profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Minda Corporation Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,433	2,059	2,592	3,088	2,813	2,368	2,976	4,300	4,650	5,056	6,178	6,640
Expenses	2,214	1,874	2,323	2,807	2,565	2,154	2,689	3,848	4,148	4,497	5,479	5,890
Operating Profit	228	191	277	294	255	219	295	461	515	574	720	774
OPM %	9.0%	9.0%	11.0%	10.0%	9.0%	9.0%	10.1%	11.0%	11.1%	11.1%	12.0%	11.7%
Other Income	28.96	26.97	26.95	79.87	−238	−7.99	55.98	15.99	14.98	31.97	13.98	136
Interest	37.01	29.99	40.04	51.02	54.02	39.04	32.03	42.04	56.98	69.01	123	121
Depreciation	74.13	58.10	74.11	88.21	118	94.21	112	138	166	204	230	243
Profit before tax	147	131	190	235	−154	79.80	207	297	307	335	383	549
Tax %	25.0%	22.1%	25.1%	28.1%	29.0%	39.1%	12.1%	1.0%	27.0%	29.0%	28.0%	—
Exceptional items	7.98	10.96	−0.99	11.98	−195	−40.87	23.93	0.00	−0.99	4.99	4.99	98.73
Net Profit	110	102	143	168	−199	52.79	191	283	226	254	357	497
EPS (Rs)	5.13	4.89	6.83	7.47	−8.81	2.22	8.05	11.91	9.52	10.69	15.10	20.99
Dividend payout %	10.0%	10.1%	9.0%	9.0%	−4.0%	29.0%	12.0%	10.0%	15.0%	13.0%	9.0%	—

Minda Corporation balance sheet

₹ crore, at each year end.

Minda Corporation Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	41.02	42.01	41.99	42.03	45.03	45.02	47.98	47.98	48.01	47.97	48.01	48.01
Reserves	405	506	579	693	1,144	925	1,092	1,276	1,536	1,926	2,149	2,587
Borrowings	521	562	549	728	685	625	532	511	718	540	1,615	1,476
Other Liabilities	453	660	377	586	565	731	653	731	904	910	1,061	1,375
Total Liabilities	1,422	1,770	1,547	2,049	2,440	2,325	2,325	2,564	3,207	3,424	4,873	5,486
Fixed Assets	573	720	531	712	734	571	615	889	1,028	1,209	1,510	1,606
CWIP	14.97	12.97	73.85	15.95	20.95	27.94	17.94	31.89	84.80	62.87	84.76	158
Investments	28.97	4.99	126	139	165	176	180	63.99	451	348	1,476	1,558
Other Assets	805	1,032	816	1,182	1,520	1,549	1,513	1,578	1,643	1,805	1,802	2,164
Inventories	231	321	306	448	447	395	396	480	574	528	581	711
Trade receivables	318	436	374	570	546	390	442	569	642	805	828	997
Cash & equivalents	44.16	88.31	33.09	26.09	354	474	501	334	163	193	97.30	148
Total Assets	1,422	1,770	1,547	2,049	2,440	2,325	2,325	2,564	3,207	3,424	4,873	5,486

Minda Corporation cash flow

₹ crore, for each year.

Minda Corporation Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	305	226	48.11	70.08	209	451	86.17	167	387	287	545	677
Cash from investing activity	−52.80	−157	−158	−199	−401	−136	−191	11.97	−424	116	−1,405	−380
Cash from financing activity	−239	−29.12	67.25	122	204	−250	65.18	−162	74.32	−359	791	−268
Net cash flow	12.99	38.99	−42.99	−7.99	10.99	63.95	−41.99	18.01	36.95	43.96	−75.93	26.99
Capex	87.07	97.99	158	196	120	148	135	108	251	252	350	394
Free cash flow	224	134	−90.21	−124	91.20	305	−45.08	59.10	139	36.06	202	312
CFO / OP %	175.0%	116.0%	40.9%	41.0%	91.0%	196.9%	47.9%	73.0%	91.0%	75.0%	110.9%	109.9%

Minda Corporation ratios

Working-capital days and returns, by year.

Minda Corporation Ratios
	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	60	66	67	81	65	52	69	71	55	64	61	60
Inventory days	70	78	91	105	86	85	97	93	75	66	67	66
Days payable	93	103	78	102	78	108	123	109	94	88	95	106
Cash conversion cycle	35	39	78	81	70	25	40	52	33	39	30	17
Working capital days	5	−6	7	15	4	−14	−5	26	14	32	−27	−15
ROCE %	15.9%	16.0%	11.9%	18.0%	16.0%	11.0%	10.0%	12.0%	16.0%	15.0%	13.0%	13.0%

Minda Corporation: frequently asked questions

What are the latest quarterly results of Minda Corporation?

For the Jun 2026 quarter, Minda Corporation reported sales of ₹1,846 Cr, up 33.2% year on year and net profit of ₹205 Cr, up 216.8% year on year. The operating margin was 11.0%.

What is the annual revenue of Minda Corporation?

Minda Corporation's sales for the year to Mar 2026 were ₹6,178 Cr; over the last twelve months they were ₹6,640 Cr.

What is the net profit of Minda Corporation?

Net profit for the year to Mar 2026 was ₹357 Cr, and ₹497 Cr over the last twelve months. Earnings per share over the same trailing period were ₹20.99.

How much debt does Minda Corporation have?

Minda Corporation reported borrowings of ₹1,476 Cr at Mar 2026, against cash and equivalents of ₹148 Cr.

What is the free cash flow of Minda Corporation?

Cash from operations was ₹677 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹312 Cr.

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