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M

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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At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹61.85bn

FY2017FY2026

Net income

₹3.60bn

FY2017FY2026

Free cash flow

₹1.85bn

FY2017FY2026

Shareholders' equity

₹26.44bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹61.85bn₹49.65bn₹45.80bn₹42.28bn₹29.27bn₹23.00bn₹21.86bn₹30.57bn₹25.62bn₹20.36bn
Research and development—₹1.19bn₹832.0m₹440.0m₹349.0m₹287.0m₹221.0m₹248.8m₹141.0m₹113.6m
Operating income₹4.92bn₹3.88bn₹3.65bn₹3.30bn₹2.37bn₹1.27bn₹2.10bn₹2.81bn₹2.00bn₹1.33bn
Net income₹3.60bn₹2.55bn₹2.27bn₹2.85bn₹1.92bn₹528.0m−₹2.00bn₹1.69bn₹1.43bn₹1.02bn
Diluted earnings per share15.0710.679.5011.878.042.20-8.687.446.274.83

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹54.95bn₹48.83bn₹34.39bn₹32.24bn₹25.72bn₹23.30bn₹23.29bn₹24.52bn₹20.59bn₹15.55bn
Cash and short-term investments₹1.38bn₹1.97bn₹4.58bn₹1.37bn₹3.03bn₹4.85bn₹4.72bn₹3.53bn₹254.0m₹329.0m
Total liabilities₹28.37bn₹26.81bn₹14.58bn₹16.34bn₹12.42bn₹11.83bn₹13.54bn₹12.57bn₹13.19bn₹9.33bn
Debt₹14.71bn₹16.09bn₹5.35bn₹7.13bn₹5.06bn₹5.28bn₹6.20bn₹6.81bn₹7.23bn₹5.49bn
Shareholders' equity₹26.44bn₹22.02bn₹19.81bn₹15.91bn₹13.30bn₹11.47bn₹9.75bn₹11.95bn₹7.41bn₹6.22bn
Shares outstanding239m239m239m240m239m240m230m227m228m212m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹5.79bn₹5.44bn₹2.87bn₹3.88bn₹1.67bn₹855.0m₹4.50bn₹2.09bn₹699.0m₹484.0m
Capital spending−₹3.94bn−₹3.50bn−₹2.52bn−₹2.51bn−₹1.08bn−₹1.35bn−₹1.49bn−₹1.20bn−₹1.96bn−₹1.58bn
Free cash flow₹1.85bn₹1.94bn₹348.0m₹1.37bn₹583.0m−₹495.0m₹3.02bn₹893.0m−₹1.26bn−₹1.10bn
Dividends paid−₹353.0m−₹329.5m−₹305.0m−₹263.0m−₹153.0m−₹70.0m−₹199.0m−₹175.0m−₹145.0m−₹123.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹18.46bn₹17.04bn₹15.60bn₹15.35bn₹13.86bn₹12.30bn₹12.53bn₹12.90bn
Operating income₹1.43bn₹1.45bn₹1.26bn₹1.21bn₹1.33bn₹962.0m₹932.0m₹1.07bn
Net income₹2.06bn₹1.25bn₹857.0m₹846.4m₹653.1m₹520.6m₹648.0m₹743.4m
Diluted earnings per share8.625.213.583.542.732.172.713.11
Cash from operations———₹3.08bn—₹5.44bn—₹2.38bn
Capital spending———−₹2.20bn—−₹3.50bn—−₹1.58bn
Free cash flow———₹883.0m—₹1.94bn—₹801.0m
Total assets—₹54.95bn—₹51.81bn—₹48.83bn—₹36.82bn
Cash and short-term investments₹1.38bn₹1.47bn₹1.18bn₹1.18bn₹881.0m₹1.97bn₹4.99bn₹6.04bn
Debt—₹12.50bn—₹15.36bn—₹16.09bn—₹5.34bn
Shareholders' equity₹26.59bn₹26.44bn₹24.40bn₹24.40bn₹22.02bn₹22.02bn₹21.02bn₹21.02bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue13.5%21.9%9.9%
Operating income14.2%31.1%12.9%
Net income8.2%46.8%12.9%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin7.9%7.9%7.7%7.8%
Net margin5.5%5.6%5.4%4.5%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings46.353.851.832.525.577.0-10.313.623.644.4
Price to sales2.72.82.62.21.71.80.90.81.32.2

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 14 Aug 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year0.801.501.401.301.100.650.300.80
  • 2-for-1 split · 27 Mar 2012

Sources and methodology

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

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