Is Minda Corporation (MINDACORP) overvalued or fairly valued?

MarketChacha shows Minda Corporation's valuation in context — a forward P/E of about 27.3, a price-to-book of about 5.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Minda Corporation's revenue?

Minda Corporation reported revenue of ₹5,017 Cr for FY2026, with net profit of ₹242 Cr, per official filings.

What is the share price of Minda Corporation (MINDACORP)?

Minda Corporation last traded at ₹633.70 (-2.5% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

Minda Corporation

MINDACORP · NSE · Auto · India

Snapshot

TickerMINDACORP

ExchangeNSE

SectorAuto

IndustryAuto Parts

CountryIndia

CEOMr. Sumit Doseja

Employees3,405

HeadquartersNoida, India

Websitesparkminda.com

Filings tracked9

About Minda Corporation

Minda Corporation Limited manufactures and sells automobile components and parts in India, rest of Asia, America, Europe, and Africa. The company offers vehicle access systems, such as locksets, latches, hinges, security systems, smart key systems, and integrated access modules for two-wheelers, passenger vehicles, commercial vehicles, and off-highway equipment; electrical distribution systems, including wiring harnesses, terminals, connectors, and high-voltage harness systems for internal combustion-engine and electric vehicle applications, as well as anchor vertical products for four-wheeler and two-wheeler segments; driver information systems instrument clusters, head-up displays, telematics devices, fleet management solutions, smart electronics, and software-defined cockpit components. It also provides lightweight and plastics aluminum die-castings, precision-machined components, and engineered plastics for passenger vehicles, commercial vehicles, two-wheelers, and the after-market; electric vehicle systems and electronic battery management systems, on board chargers, DC-DC converters, motor controllers, and EV-specific electronic architectures; and power train products, such as traction motors, motor controllers, vehicle control units, magnetos, alternators, regulator-rectifiers, and on-board chargers for two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles. The company serves passenger and commercial vehicles, motorcycles and scooters, off-road vehicles, tier 1 manufacturers, and agricultural equipment customers, as well as original equipment manufacturers. It exports its products. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India.

Who owns it

Promoters67.5%
Institutions21.7%
Public & other10.8%

49 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend6.6% → 5.8%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 10% · PAT 6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹8,563 Cr · EPS 23.41

Est. earnings growth +29.6%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹6,185 Cr

Net margin

5.8%

Revenue CAGR (3y)

+12.9%

Profit CAGR (3y)

+8.2%

Net profit (FY2026)

₹360 Cr

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On MarketChacha

Posts about MINDACORP

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹6,185 Cr	₹360 Cr	5.8%
FY2025	₹5,056 Cr	₹255 Cr	5.1%
FY2024	₹4,651 Cr	₹227 Cr	4.9%
FY2023	₹4,300 Cr	₹285 Cr	6.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹1,401 Cr	₹61 Cr	2.56	4.4%
Q4 FY26	₹1,704 Cr	—	—	—
Q3 FY26	₹1,560 Cr	₹86 Cr	—	5.5%
Q2 FY26	₹1,535 Cr	₹85 Cr	—	5.5%
Q1 FY26	₹1,386 Cr	—	—	—

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

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 Limited has informed the Exchange regarding confirmation of Redemption / Payments of Interest and principal of Commercial Papers of INR 100 crores.
BSE9/22/2026
Board Meeting Intimation for Fund Raising Through Issuance Of Non Convertible Debentures, If Any
Minda Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/09/2026 ,inter alia, to consider and approve Fund raising through issuance ....
BSE9/21/2026material
The Company Has Updated About The ESG Rating.
The Company has received ESG rating from "Niche Ninety Nine Capability and Certifications(OPC) Private Limited "Niche".
BSE9/15/2026
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Voting results for the resolutions passed at 41st AGM and Scrutinizer''s Report is attached
BSE8/21/2026material
Resignation of Company Secretary / Compliance Officer
Mr. Pardeep Mann, Company secretary and compliance officer has resigned from the company from the close of business hours on 21st August 2026.
BSE8/21/2026
Minda Corporation Limited Has Informed The Exchange Regarding Issuance Of Commercial Papers Of Rs. 100 Crores On August 19, 2026
Minda Corporation Limited has informed the Exchange regarding issuance of commercial papers of Rs. 100 crores on August 19, 2026
BSE8/19/2026
Press Release Dated 18Th August 2026
Press Release dated 18th August 2026 wrt Minda Instruments Limited, a wholly owned subsidiary of the Company
BSE8/18/2026
Reg. 34 (1) Annual Report.
Annual Report for FY 2025-26 is attached
BSE7/29/2026
Letter To Shareholders Regarding Transfer Of Unpaid And Unclaimed Dividend For FY 2018-19(Final) And Corresponding Shares To IEPF.
Letter to shareholders regarding transfer to Unpaid and unclaimed dividend for FY 2018-19 (Final) and corresponding shares to IEPF.
BSE7/28/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.