Minda Corporation Ltd.
NSE: MINDACORP · Auto Components & Equipments
Snapshot
Unlock Minda Corporation Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Minda Corporation Limited is a prominent manufacturer of diverse automobile components, specialising in electronic and mechanical security systems, die-casting, and connected vehicle technologies. The company serves a wide range of segments including two-wheelers, passenger vehicles, and commercial vehicles.
Business Model
The company generates revenue through the design, development, and manufacturing of automotive parts supplied to original equipment manufacturers and the aftermarket sector. Its business model leverages technical expertise in mechatronics and plastics to cater to both internal combustion engine and electric vehicle platforms.
Growth Outlook
Growth is driven by the increasing adoption of connected vehicle technologies, smart key systems, and the transition towards electric vehicle components. The company continues to expand its portfolio in sensors and advanced electronic systems to align with evolving automotive trends.
Key Risks
- Cyclical Automotive Demand. The company's financial performance is highly sensitive to the cyclical nature of the automotive industry and fluctuations in vehicle production volumes.
- Technological Obsolescence. Rapid shifts towards electric vehicles and advanced electronics require continuous R&D investment to remain competitive against global peers.
- Raw Material Price Volatility. Fluctuations in the prices of aluminium, steel, and electronic components can significantly impact operating margins.
- Customer Concentration. Heavy reliance on a limited number of large automotive original equipment manufacturers poses a risk to revenue stability if key client contracts are lost.
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Key Metrics
REVENUE
₹6,646 Cr
TTM · consolidated
NET PROFIT
₹499 Cr
TTM · consolidated
EPS
₹21.28
TTM · consolidated
RETURN ON EQUITY
20.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
21.4%
TTM · consolidated
P/E
33.0x
Q1 FY27 · consolidated
EV/EBITDA
22.7x
Q1 FY27 · consolidated
EBITDA MARGIN
11.9%
TTM · consolidated
NET PROFIT MARGIN
11.2%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.5%
Q1 FY27 · consolidated
Peers · Auto Components & Equipments
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Minda Corporation Ltd.MINDACORP | ₹16,803 Cr | 33.03 | 22.67 | 26.6% | 11.9% | 20.6% | 21.4% | +39.9% |
Tenneco Clean Air India LimitedTENNIND | ₹20,889 Cr | 34.76 | 20.73 | — | 17.3% | 50.2% | 63.8% | — |
Amara Raja Energy & Mobility Ltd.ARE&M | ₹15,817 Cr | 17.16 | 9.64 | 12.7% | 11.3% | 11.9% | 15.4% | -13.7% |
JBM Auto Ltd.JBMA | ₹14,795 Cr | 48.42 | 20.62 | 12.5% | 13.7% | 16.8% | 24.3% | +3.2% |
Lumax Auto Technologies LimitedLUMAXTECH | ₹13,304 Cr | 41.05 | 18.36 | 33.3% | 14.9% | 35.6% | 29.3% | +84.3% |
Ramkrishna Forgings Ltd.RKFORGE | ₹12,744 Cr | 118.99 | 20.56 | 8.5% | 16.3% | 3.4% | 7.7% | +22.7% |
As of Q1 FY27
Financials
Minda Corporation Ltd.
NSE: MINDACORP · Auto Components & Equipments
Snapshot
Unlock Minda Corporation Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Minda Corporation Limited is a prominent manufacturer of diverse automobile components, specialising in electronic and mechanical security systems, die-casting, and connected vehicle technologies. The company serves a wide range of segments including two-wheelers, passenger vehicles, and commercial vehicles.
Business Model
The company generates revenue through the design, development, and manufacturing of automotive parts supplied to original equipment manufacturers and the aftermarket sector. Its business model leverages technical expertise in mechatronics and plastics to cater to both internal combustion engine and electric vehicle platforms.
Growth Outlook
Growth is driven by the increasing adoption of connected vehicle technologies, smart key systems, and the transition towards electric vehicle components. The company continues to expand its portfolio in sensors and advanced electronic systems to align with evolving automotive trends.
Key Risks
- Cyclical Automotive Demand. The company's financial performance is highly sensitive to the cyclical nature of the automotive industry and fluctuations in vehicle production volumes.
- Technological Obsolescence. Rapid shifts towards electric vehicles and advanced electronics require continuous R&D investment to remain competitive against global peers.
- Raw Material Price Volatility. Fluctuations in the prices of aluminium, steel, and electronic components can significantly impact operating margins.
- Customer Concentration. Heavy reliance on a limited number of large automotive original equipment manufacturers poses a risk to revenue stability if key client contracts are lost.
Start your research today
Unlock AI insights, financials, peers and live data on Minda Corporation Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹6,646 Cr
TTM · consolidated
NET PROFIT
₹499 Cr
TTM · consolidated
EPS
₹21.28
TTM · consolidated
RETURN ON EQUITY
20.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
21.4%
TTM · consolidated
P/E
33.0x
Q1 FY27 · consolidated
EV/EBITDA
22.7x
Q1 FY27 · consolidated
EBITDA MARGIN
11.9%
TTM · consolidated
NET PROFIT MARGIN
11.2%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.5%
Q1 FY27 · consolidated
Peers · Auto Components & Equipments
As of Q1 FY27