| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,846 | 1,386 | +33.2% |
| EBITDA | 212 | 156 | +35.4% |
| EBITDA margin | 11.5% | 11.3% | +0.2 pts |
| Profit before tax | 237 | 70.7 | +235.0% |
| Net profit | 206 | 65.3 | +215.8% |
| EPS | ₹8.75 | ₹2.78 | +214.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 15,057 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 103 | 103 | 75.9 | 443 | 108 | ||
| 15.0 | 15.0 | — | — | 0.0 | ||
| 1,212 | 1,212 | 1,345 | 348 | 553 | ||
| 16,182 | — | — | — | — | ||
| 6,646 | 6,185 | 5,056 | 4,651 | 4,300 | ||
| — | +22.3% | +8.7% | +8.2% | — | ||
| 776 | 721 | 575 | 514 | 461 | ||
| 11.7% | 11.7% | 11.4% | 11.1% | 10.7% | ||
| 534 | 492 | 370 | 349 | 323 | ||
| 499 | 358 | 255 | 227 | 285 | ||
| 7.5% | 5.8% | 5.1% | 4.9% | 6.6% | ||
| ₹20.95 | ₹15.07 | ₹10.68 | ₹9.50 | ₹11.90 | ||
| — | +41.1% | +12.4% | −20.1% | — | ||
| — | 676 | 544 | 287 | 598 | ||
| — | −394 | −350 | −252 | −251 | ||
| 281 | 281 | 194 | 34.8 | 348 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 15,057.3 | |
| - Cash, Equiv & ST Investments | 107.9 | 442.8 | 75.9 | 102.8 | 102.8 | |
| + Minority Interest | 0.0 | — | — | 15.0 | 15.0 | |
| + Total Debt | 552.7 | 348.2 | 1,344.6 | 1,212.2 | 1,212.2 | |
| Enterprise Value | — | — | — | — | 16,181.7 | |
| Revenue | 4,300.1 | 4,651.1 | 5,056.2 | 6,185.3 | 6,645.8 | |
| Growth %, YoY | — | +8.2 | +8.7 | +22.3 | — | |
| EBITDA | 461.5 | 514.4 | 574.8 | 721.1 | 776.4 | |
| Margin % | 10.73 | 11.06 | 11.37 | 11.66 | 11.68 | |
| EBIT | 323.4 | 348.6 | 370.5 | 491.6 | 534.1 | |
| Net Income | 284.5 | 227.2 | 255.4 | 358.2 | 499.2 | |
| Margin % | 6.62 | 4.89 | 5.05 | 5.79 | 7.51 | |
| EPS, Adj (current shares) | 11.90 | 9.50 | 10.68 | 15.07 | 20.95 | |
| Growth %, YoY | — | -20.1 | +12.4 | +41.1 | — | |
| Cash from Operations | 598.3 | 286.9 | 544.3 | 675.6 | — | |
| Capital Expenditures | -250.7 | -252.0 | -350.1 | -394.4 | — | |
| Free Cash Flow | 347.5 | 34.8 | 194.3 | 281.2 | 281.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Minda Corporation (NSE: MINDACORP) had a market capitalisation of ₹15,320 crore at the 29 October 2026 close (₹640.75 a share), a PE ratio of 30.6 on the last four quarters' profit and a price-to-book ratio of 5.80. In FY26 its consolidated net profit was ₹360 crore on revenue of ₹6,185 crore; in Q1 FY27 (April–June 2026) it was ₹206 crore, up 215.5% year on year. Its debt-to-equity ratio was 0.46 on 31 March 2026. Promoters held 64.84% of the shares on 30 September 2026.
Minda Corporation's PE ratio is 30.6 at the 29 October 2026 close (₹640.75 a share): a market capitalisation of ₹15,320 crore divided by consolidated net profit of ₹501 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹360 crore) it is 42.5. These four quarters include net exceptional items of ₹123 crore (one-off gains reported separately), so the ratio on recurring profit would differ.
Minda Corporation's price-to-book (PB) ratio is 5.80 at the 29 October 2026 close: a market capitalisation of ₹15,320 crore divided by shareholders' equity (book value) of ₹2,644 crore on 31 March 2026. That is a book value of ₹110.56 per share against a share price of ₹640.75.
In FY26, Minda Corporation's return on equity (ROE) was 14.9% and its return on capital employed (ROCE) was 15.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 12.2% and ROCE 14.1%.
Minda Corporation's market capitalisation was ₹15,320 crore at the 29 October 2026 close: 23.91 crore shares at ₹640.75 each.
No. Minda Corporation had borrowings of ₹1,212 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.46. Its cash and current investments were ₹147 crore, so its net debt was ₹1,065 crore.
Minda Corporation's basic earnings per share (EPS) were ₹15.31 in FY26, against ₹10.85 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹21.28.
Minda Corporation's debt-to-equity ratio was 0.46 on 31 March 2026: borrowings of ₹1,212 crore against total equity of ₹2,659 crore. A year earlier, on 31 March 2025, it was 0.61.
Minda Corporation's dividend yield is 0.22% at the 29 October 2026 close: dividends of ₹1.40 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹640.75. They were ₹0.80 on 14 August 2026 and ₹0.60 on 13 February 2026 (interim).
In 2026, Minda Corporation has declared two dividends totalling ₹1.40 a share: ₹0.60 (interim) with record date 13 February 2026 and ₹0.80 with record date 14 August 2026.
Minda Corporation's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,644 crore on 31 March 2026, up 20.0% from ₹2,202 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹15,320 crore at the 29 October 2026 close.
Minda Corporation's book value per share was ₹110.56 on 31 March 2026: shareholders' equity of ₹2,644 crore divided by the 23.91 crore shares in issue, up 20.0% from ₹92.10 a year earlier. The share price at the 29 October 2026 close was ₹640.75.
Minda Corporation's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹206 crore, up 215.5% from ₹65.3 crore in Q1 FY26; revenue from operations ₹1,846 crore, up 33.2% year on year.
Promoters held 64.84% of Minda Corporation on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Minda Corporation generated ₹676 crore of cash from operations and spent ₹394 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹281 crore. In FY25 it was ₹194 crore.
In FY26 (April 2025–March 2026), Minda Corporation's consolidated net profit was ₹360 crore, up 41.1% from ₹255 crore in FY25, on revenue from operations of ₹6,185 crore (up 22.3%). Over three years, from FY23, net profit was up 26.6%.
On 30 September 2026, Minda Corporation's shares were held by promoters 64.84%, foreign portfolio investors (FII/FPI) 9.37%, domestic institutions (DII) 17.91% (including mutual funds at 14.78%) and retail and other non-institutional investors 6.32%. Over the year, FII holding was up 0.64 percentage points from 8.73% and DII holding was down 0.61 percentage points from 18.52%.
At the 29 October 2026 closing prices, on FY26 net profit, Minda Corporation's PE ratio is 42.5, the third highest of the four: UNO Minda 52.5, Motherson 43.8 and Endurance Technologies 34.2, a peer average of 43.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Minda Corporation earned net profit of ₹360 crore on revenue of ₹6,185 crore, against ₹1,197 crore on ₹19,658 crore for UNO Minda. Minda Corporation's operating margin was 8.0% (UNO Minda 7.9%) and its return on equity 14.9% (UNO Minda 19.1%). At the 29 October 2026 close, Minda Corporation's market capitalisation was ₹15,320 crore against ₹62,792 crore for UNO Minda, and its PE ratio on FY26 profit 42.5 against 52.5.
Minda Corporation will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against UNO Minda, Motherson and Endurance Technologies: Minda Corporation's operating margin of 8.0% is the second highest of the four (UNO Minda 7.9%, Motherson 5.4%, Endurance Technologies 8.4%; peer average 7.2%); its return on equity of 14.9% is the third highest of the four (UNO Minda 19.1%, Motherson 10.2%, Endurance Technologies 15.2%; peer average 14.8%); its revenue growth over three years of 12.9% a year is the lowest of the four (UNO Minda 20.5% a year, Motherson 17.0% a year, Endurance Technologies 18.4% a year; peer average 18.6% a year).
From Minda Corporation's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.