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Minda Corporation MINDACORP.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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704.60

-1.13%

Close of 9 Nov 2026, in INR

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About Minda Corporation

Its shares trade on NSE under the ticker MINDACORP.NS. It has been listed since 29 December 2011. In the fiscal year to 31 March 2026, it reported revenue of ₹61.85bn and net income of ₹3.60bn. At that date it held total assets of ₹54.95bn and shareholders' equity of ₹26.44bn.

Minda Corp. Ltd. engages in the manufacture of automotive components. The company is headquartered in Noida, Uttar Pradesh. The company went IPO on 2011-12-29. The firm is primarily engaged in the manufacturing and assembly of safety and security systems and their associated components for the automotive industry. Its diverse product portfolio includes mechatronics and vehicle access systems, wiring harness, interior plastics division, advanced technologies and aftermarket. Its mechatronics include ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. Its aftermarket products include helmets, fiber parts, wiper blades, ball bearings, two-wheeler air filters and lubricants. The company offers its products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three wheelers, passenger vehicles, commercial vehicles and off-road vehicles.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
29 Dec 2011
Employees
2,943

Leadership

Pay as last reported

  • Mr. Ashok MindaWhole Time Chairman of the Board, Group Chief Executive Officer, since 2011₹122.2m
  • Mr. Vinod RahejaGroup Chief Financial Officer
  • Mr. Ashim VohraGroup Chief Operating Officer
  • Mr. Pardeep MannCompliance Officer, Company Secretary
  • Mr. Aakash MindaExecutive Director, since 2020₹24.8m
  • Mr. Naresh ModiExecutive Director, Chief Executive Officer of Minda Instruments Limited, since 2020₹26.1m
  • Mr. Gajanan GandheNon-Executive Independent Director₹2.2m
  • Mrs. Pratima RamNon-Executive Independent Director₹2.4m
  • Mr. Laxman RamnarayanNon-Executive Independent Director₹1.7m
  • Mr. Ravi SudNon-Executive Independent Director₹2.5m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
68
Environment
56
Social
81
Governance
67
Direct emissions (scope 1)
18,243.85 t
Energy emissions (scope 2)
39,577.21 t
Women in the workforce
8.81%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Minda Corporation Ltd employs 2,943 full-time employees in Noida, India.
  • Minda Corp. Ltd. manufactures safety and security systems for automotive OEMs.
  • Minda's product portfolio includes mechatronics and vehicle access systems for two-three wheelers.

Weaknesses

  • Minda Corp. Ltd. has no mention of international expansion in its business description.
  • Minda's business description lacks details on financial performance metrics.
  • Minda's product range does not include electric vehicle components.

Opportunities

  • Minda Corp. Ltd. can expand into electric vehicle component manufacturing.
  • Minda's aftermarket products include helmets and wiper blades for two-wheeler segments.
  • Minda's wiring harness and interior plastics division serve passenger vehicles.

Threats

  • Minda Corp. Ltd. faces competition from other auto component manufacturers in India.
  • Minda's reliance on automotive OEMs exposes it to industry downturns.
  • Minda's business description does not mention any global market presence.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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