1. Minda Corp
Minda Corp Share Price

Minda Corp Share Price

NSE: MINDACORP

|

BSE: 538962

|

Auto Ancillary

80% Buy

₹536.00

+₹8.60 (1.63%) Last updated on 18 Jun, 2025 | 15:29 IST

Minda Corp Overview

Market cap
Market Cap Switch₹12,411 Crs
Open
₹525.20
Prev. Close
₹527.40
Circuit range
₹632.85 - ₹421.95
Day range
₹525.20 - ₹553.00
Year range
₹453.65 - ₹652.00
Volume
5,55,712
Avg. traded
₹541.53
Revenue (12m)
₹5,056 Crs

About Minda Corp

Minda Corporation Limited is the leading manufacturer of automotive components in India. Minda Corp supplies parts and components to manufacturers of passenger vehicles, commercial vehicles, motorcycles and scooters, and off-road vehicles. It serves Tier-1 manufacturers by supplying die castings, gear locks, interior products, and mechanical components.

The company was incorporated in 1981 with the name Tarapur Cables Private Limited. Initially, the company dealt with wiring, horns and lamps in the automotive segment. In 1985, the company changed its name to Minda Wirelinks and started manufacturing for Indian clients and expanded to markets outside India.

In 1994, Minda Corp became a public limited company. The company also started with global distribution and joint ventures. It entered into a partnership with Huf Hulsbeck Furst GmbH & Co. of Germany to enter the ignition switches segment in 1996. The company was renamed as Minda Huf Limited.

In 2003-04, the auto ancillaries company started the production and sales of electronic security systems for original equipment manufacturers (OEMs) like Tata Motors, Mahindra & Mahindra, Hyundai, and Hero Honda. It also started catering to the replacement market of India. The company acquired Sylea Automotive India in 2003 and its name was changed to Minda Sai Limited. In 2006, the company’s joint venture agreement with Huf Hulsbeck Furst GmbH & Co. was terminated and it retained sole ownership over all the units and sales. In 2007, the name was again changed to Minda Corp, as it is known today.

The company entered the door systems market with a diversification inside the company structure to serve the Indian OEMs with European standards and service assistance. They also discontinued their four-wheeler security systems business in the same year to focus on new product lines for the market. The company acquired KTSN Kunststoffechnik Sachsen GmbH & Co. KG of Germany to expand the business in the European market. This move also made the latest technology in the field of interior systems available to the company.

In 2009-10, the company acquired the die-casting surface finishing and other business for four-wheelers. It established a design centre in Japan in the following years. Since 2010, the company has added innovative products and strong quality to their portfolio. Since the entry of electric vehicles in India, the company has also ventured into the production of EV components.

Minda Corp recently entered into a technology license agreement with Daesung Eltec, Korea, for ADAS systems and solutions for passenger vehicles, commercial vehicles and off road vehicles.

The market capitalisation of Minda Corporation Limited stood at over ₹9,700 crore as of February 7, 2024. Mind Corp share price has surged over 324% in the last three years.

Mind Corp business operations

Minda Corp supplies automotive components for the American and European markets and businesses from Indian automotive manufacturers. The company also caters to the off-market segment in India with the services sector for OEMs.

The company has a workforce of more than 16,000 employees. The company has filed around 32 patents in the automotive segment. The company operates manufacturing facilities in Greater Noida, Murbad (Mumbai), Kakkalur (Chennai), Pithampur (Indore), and Pune. In India, it has 7 offices in different regions to handle the clients from each region. The company also operates 2 international offices and 3 design offices.

Financial highlights

  • The company’s revenue from operations stood at ₹4,300 crore in FY 23, 45% higher than ₹2,976 crore in FY22.
  • Its EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) was ₹461.5 crores as against ₹294.6 crores in FY22, reflecting a 57% rise.
  • The EBITDA margin for FY23 was 10.7% compared to 9.9% in FY22.
  • PAT (profit after tax) for FY23 was ₹284.5 crore compared to ₹192 crore in FY22.
  • Capital employed for FY23 was ₹248.8 crore as against ₹107.7 crore in FY22.
  • EPS (earnings per share) in FY23 stood at ₹12.1 as against ₹8.16 in FY22.
  • Chart
  • Fundamentals
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  • Shareholdings
  • Events
  • Peers
  • News
  • FAQs

Minda Corp Share Price Chart

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Minda Corp Key Indicators

P/E ratio
49.34
P/B ratio
5.82
ROE
12.1%
ROCE
15.53%
Dividend yield
0.26%
Debt/Equity ratio
0.21
EPS
7.89

Investment Checklist: (4/6)

passed

Equity returns

not passed

Dividend returns

passed

Safety factor

passed

Growth factor

passed

Debt vs Equity

NA

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst Ratings:

Buy

Buy

80%

Hold

20%

Sell

0%

This analysis is based on the reviews of 5 experts in the last 7 days

Minda Corp Financial Ratios

  • Profitability

  • Operational

  • Valuation

Operating profit margin

11.49%

Net profit margin

4.79%

ROE

12.1%

ROA

6.47%

ROCE

15.53%

Minda Corp Shareholder returns

1 day
-1.46%
1 week
-8.17%
1 month
+4.91%
3 months
+2.40%
1 year
+15.49%
3 years
+194.88%
5 years
+774.63%

Revenue Statement

All values are in ₹ Crores (Cr)
RevenueNo Sort
Operating ProfitNo Sort
Net ProfitNo Sort
Mar-24
4,651.10
531.30
225.20
Mar-23
4,300.10
478.90
294.40
Mar-22
2,975.90
319.80
184.50
Mar-21
2,367.90
253.20
89.60

Cash Flow

All values are in ₹ Crores (Cr)
OperatingNo Sort
InvestingNo Sort
FinancingNo Sort
Mar-24
286.80
116.70
-358.40
Mar-23
387.40
-428.1
74.30
Mar-22
166.80
-7.3
-160.80
Mar-21
85.50
-174.2
65.20

Balance Sheet

All values are in ₹ Crores (Cr)
Total AssetNo Sort
Total LiabilityNo Sort
Mar-24
3,426.80
1,446.20
Mar-23
3,201.80
1,611.00
Mar-22
2,567.10
1,237.00
Mar-21
2,328.10
1,181.50

Minda Corp Share Price History

DayOpenCloseChange %
18-Jun-25
₹525.20
₹536.00
+1.63%
17-Jun-25
₹535.20
₹527.40
-1.46%
16-Jun-25
₹543.55
₹535.20
-2.18%
13-Jun-25
₹541.00
₹547.10
-1.23%
12-Jun-25
₹576.85
₹553.90
-3.35%
11-Jun-25
₹574.45
₹573.10
-0.22%
10-Jun-25
₹574.95
₹574.35
+1.12%
09-Jun-25
₹565.00
₹568.00
+1.42%

Minda Corp Shareholding Pattern

CategoryMar 2025Dec 2024Sep 2024Jun 2024
Promoters
64.84%
64.84%
64.84%
64.84%
Foreign institutions-FII
8.32%
7.97%
7.61%
6.06%
Other domestic institutions
3.40%
3.12%
3.55%
3.82%
Retail and other
8.35%
8.75%
8.67%
8.46%
Mutual Funds
15.09%
15.32%
15.32%
16.82%

Corporate Actions

  • Dividend • ₹0.5/share

    Ex date 12 Feb 2025

    expand tab
  • Dividend • ₹0.9/share

    Ex date 07 Aug 2024

    expand tab
  • Dividend • ₹0.5/share

    Ex date 14 Feb 2024

    expand tab
  • Dividend • ₹0.8/share

    Ex date 21 Jul 2023

    expand tab

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FAQs on Minda Corp

What is the share price of Minda Corp today?

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Minda Corp share price is ₹ 536.00 as on 18 Jun, 2025 | 15:29 IST.

What are the high & low stock price of Minda Corp today?

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Minda Corp stock price hit a high of ₹ 553.00 and low of ₹ 525.20 as on 18 Jun, 2025 | 15:29 IST.

What is the market cap of Minda Corp?

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The market cap of Minda Corp is ₹ 12,410.83 Crores as on 18 Jun, 2025 | 15:29 IST.

What are the the 52-week high and low share prices of Minda Corp stock on the NSE?

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52-week high stock Price of Minda Corp is ₹ 652.00 and Low Price is ₹ 453.65 as on 18 Jun, 2025 | 15:29 IST.

What are the stock symbols of Minda Corp?

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The stock symbol of Minda Corp is NSE: MINDACORP on the NSE, BSE: 538962 on the BSE, and the ISIN is INE842C01021.

Can I buy Minda Corp shares on Holidays?

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No, shares of Minda Corp or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Minda Corp shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.

What is the PE and PB ratio of Minda Corp?

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The PE and PB ratio of Minda Corp is 49.34 and 5.82 respectively, as on 18 Jun, 2025 | 15:29 IST.

What are the returns on Minda Corp shares?

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The historical returns for Minda Corp shares are 15.49 for 1 year, 194.88 for 3 year and 774.63 for 5 year.