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Day High
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NSE Close — 25 Sep 2026
₹678.85
Change
-1.45 (-0.21%)
Open
₹680.3
Prev. Close
₹680.3
Day High
₹686.3
Day Low
₹674.8
Volume Analysis
Traded
74,927
Delivered
41,877
Delivery %
55.89%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (0)
No signal for this stock
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹696.66 | ₹691.48 | ₹685.16 | ₹679.98 | ₹673.66 | ₹668.48 | ₹662.16 |
| Fibonacci | ₹691.48 | ₹687.09 | ₹684.37 | ₹679.98 | ₹675.59 | ₹672.87 | ₹668.48 |
| Camarilla | ₹682.01 | ₹680.96 | ₹679.9 | ₹679.98 | ₹677.8 | ₹676.74 | ₹675.69 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+16.06%
1 Week
-0.11%
1 Month
-3.41%
3 Months
-2.58%
6 Months
+32.03%
1 Year
+18.83%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹193.13
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
17.65%
Net margin 7.51% × asset turnover 1.13x × equity multiplier 2.08x
Company Overview
Sector
Automobile and Auto Components
Market Cap
₹16,230 Cr
P/E (TTM)
40.3
ROE
14.7%
Book Value
₹110.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Minda Corporation Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Automobile and Auto Components sector, at 64/100. The strongest factor is Financial Strength (85/100), while Valuation (18/100) is the weakest area to weigh before deciding. FII holding has been rising.
TopFund Score — Fundamentals Quality
64/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Stock is trading at 6.15 times its book value
- −Company has a low return on equity of 13.3% over last 3 years.
- −Dividend payout has been low at 12.4% of profits over last 3 years
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Board approved up to Rs 500 crore NCDs, China WOS, EVQ investment sale, and new CS/CPO appointments.
Board approved up to Rs 500 crore NCDs, China WOS for USD 1 million, investment sale, and two appointments.
Board approved Rs 500 crore NCD issuance, China WOS, EVQ investment sale, and new senior appointments.
Board approved up to Rs.500 crore NCDs, China WOS for USD 1 million, EVQ stake sale, two appointments, and Rs.2,000 penalty.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,075 | 1,196 | 1,166 | 1,215 | 1,192 | 1,290 | 1,253 | 1,321 | 1,386 | 1,535 | 1,560 | 1,704 | 1,846 |
| Expenses + | 960 | 1,065 | 1,036 | 1,076 | 1,061 | 1,143 | 1,109 | 1,168 | 1,230 | 1,357 | 1,377 | 1,500 | 1,635 |
| Operating Profit | 115 | 131 | 130 | 139 | 132 | 147 | 144 | 153 | 156 | 178 | 184 | 203 | 212 |
| OPM % | 11.0% | 11.0% | 11.0% | 11.0% | 11.0% | 11.0% | 11.0% | 12.0% | 11.0% | 12.0% | 12.0% | 12.0% | 11.0% |
| Other Income + | 2 | 2 | 2 | 10 | 8 | 12 | 9 | 3 | 3 | 3 | -1 | 8 | 126 |
| Interest | 14 | 15 | 14 | 12 | 10 | 11 | 12 | 34 | 33 | 31 | 29 | 30 | 31 |
| Depreciation | 39 | 41 | 42 | 44 | 46 | 51 | 50 | 57 | 56 | 57 | 58 | 59 | 69 |
| Profit before tax | 63 | 77 | 76 | 92 | 84 | 96 | 90 | 65 | 71 | 93 | 97 | 123 | 237 |
| Tax % | 27.0% | 24.0% | 33.0% | 25.0% | 26.0% | 26.0% | 29.0% | 36.0% | 26.0% | 27.0% | 33.0% | 25.0% | 20.0% |
| Net Profit + | 45 | 59 | 52 | 71 | 64 | 74 | 65 | 52 | 65 | 85 | 84 | 124 | 206 |
| EPS in Rs | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 4 | 5 | 9 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,965 | 2,435 | 2,060 | 2,594 | 3,092 | 2,813 | 2,368 | 2,976 | 4,300 | 4,651 | 5,056 | 6,185 | 6,646 |
| Expenses + | 1,778 | 2,206 | 1,868 | 2,316 | 2,797 | 2,558 | 2,148 | 2,680 | 3,837 | 4,134 | 4,480 | 5,463 | 5,869 |
| Operating Profit | 188 | 229 | 192 | 278 | 295 | 256 | 220 | 296 | 463 | 517 | 576 | 722 | 776 |
| OPM % | 10.0% | 9.0% | 9.0% | 11.0% | 10.0% | 9.0% | 9.0% | 10.0% | 11.0% | 11.0% | 11.0% | 12.0% | 12.0% |
| Other Income + | 23 | 29 | 27 | 27 | 80 | -238 | -8 | 56 | 16 | 15 | 32 | 14 | 136 |
| Interest | 39 | 37 | 30 | 40 | 51 | 54 | 39 | 32 | 42 | 57 | 69 | 123 | 121 |
| Depreciation | 60 | 74 | 58 | 74 | 88 | 118 | 94 | 112 | 138 | 166 | 204 | 230 | 242 |
| Profit before tax | 111 | 147 | 131 | 191 | 236 | -154 | 80 | 208 | 298 | 308 | 336 | 384 | 550 |
| Tax % | 24.0% | 25.0% | 22.0% | 25.0% | 28.0% | 29.0% | 39.0% | 12.0% | 1.0% | 27.0% | 29.0% | 28.0% | — |
| Net Profit + | 88 | 110 | 102 | 143 | 169 | -200 | 53 | 192 | 284 | 227 | 255 | 358 | 499 |
| EPS in Rs | 4 | 5 | 5 | 7 | 7 | -9 | 2 | 8 | 12 | 10 | 11 | 15 | 21 |
| Dividend Payout % | 9.0% | 10.0% | 10.0% | 9.0% | 9.0% | -4.0% | 29.0% | 12.0% | 10.0% | 15.0% | 13.0% | 9.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 406 | 507 | 580 | 694 | 1,145 | 925 | 1,094 | 1,278 | 1,538 | 1,928 | 2,150 | 2,591 |
| Borrowings + | 521 | 562 | 549 | 728 | 685 | 625 | 532 | 511 | 718 | 540 | 1,614 | 1,476 |
| Other Liabilities + | 453 | 660 | 377 | 587 | 566 | 732 | 654 | 731 | 905 | 911 | 1,062 | 1,372 |
| Total Liabilities | 1,422 | 1,771 | 1,548 | 2,051 | 2,442 | 2,327 | 2,328 | 2,567 | 3,209 | 3,427 | 4,874 | 5,487 |
| Fixed Assets + | 571 | 719 | 530 | 711 | 732 | 570 | 613 | 887 | 1,026 | 1,207 | 1,507 | 1,602 |
| CWIP | 15 | 13 | 74 | 16 | 21 | 28 | 18 | 32 | 85 | 63 | 85 | 158 |
| Investments | 29 | 5 | 126 | 139 | 165 | 176 | 180 | 64 | 451 | 348 | 1,476 | 1,558 |
| Other Assets + | 807 | 1,034 | 818 | 1,184 | 1,524 | 1,552 | 1,517 | 1,583 | 1,647 | 1,809 | 1,806 | 2,169 |
| Total Assets | 1,422 | 1,771 | 1,548 | 2,051 | 2,442 | 2,327 | 2,328 | 2,567 | 3,209 | 3,427 | 4,874 | 5,487 |
| Equity Capital | 41 | 42 | 42 | 42 | 45 | 45 | 48 | 48 | 48 | 48 | 48 | 48 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 304 | 226 | 48 | 70 | 209 | 450 | 86 | 167 | 387 | 287 | 544 | 676 |
| Cash from Investing Activity + | -53 | -158 | -158 | -200 | -402 | -137 | -192 | 12 | -425 | 116 | -1,409 | -381 |
| Cash from Financing Activity + | -238 | -29 | 67 | 122 | 203 | -249 | 65 | -161 | 74 | -358 | 788 | -267 |
| Net Cash Flow | 13 | 39 | -43 | -8 | 11 | 64 | -42 | 18 | 37 | 44 | -76 | 27 |
| CFO/OP | 175 | 116 | 41 | 41 | 91 | 197 | 48 | 73 | 91 | 75 | 111 | 110 |
| Free Cash Flow | 223 | 134 | -90 | -124 | 91 | 304 | -45 | 59 | 139 | 36 | 202 | 311 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 1.65% | 1.62% | 1.59% | 1.59% | 1.59% | 1.59% | 1.57% | 1.57% | 1.56% | 1.56% | 1.56% | 1.56% |
| Public | 14.78% | 12.99% | 7.9% | 6.86% | 7.07% | 7.16% | 6.77% | 6.58% | 6.35% | 6.08% | 5.97% | 6.43% |
| Promoters | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% | 64.84% |
| FII | 5.53% | 3.73% | 5.07% | 6.07% | 7.62% | 7.98% | 8.33% | 8.83% | 8.72% | 9.09% | 8.8% | 9.3% |
| DII | 13.2% | 16.81% | 20.6% | 20.63% | 18.87% | 18.42% | 18.48% | 18.17% | 18.52% | 18.43% | 18.82% | 17.87% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Automobile and Auto Components — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Minda Corporation Ltd (this stock) | 16,230 | 40.3 | 6.17 | 14.7% |
| Cie Automotive India Ltd | 14,898 | 16.6 | 1.93 | 11.8% |
| Ola Electric Mobility Ltd | 17,810 | — | 5.07 | -43.2% |
| Amara Raja Energy Mob Ltd | 14,558 | 19.9 | 1.8 | 7.18% |
| Ceat Limited | 13,933 | 21.9 | 2.76 | 16.1% |
| Jbm Auto Limited | 13,901 | 60.4 | 9.05 | 15.7% |
| Lumax Auto Tech Ltd | 13,837 | 41.7 | 11.39 | 26.4% |
Which Mutual Funds Hold Minda Corporation Ltd?
Frequently Asked Questions about Minda Corporation Ltd
Minda Corporation Ltd (MINDACORP) closed at ₹678.85 on NSE on 25 September 2026, down 1.45 (0.21%) from the previous close.
Minda Corporation Ltd trades on the NSE (National Stock Exchange of India) under the symbol MINDACORP.
Minda Corporation Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 40.3.
Minda Corporation Ltd has a dividend yield of 0.21%.
Minda Corporation Ltd's 52-week high is ₹769.0 and its 52-week low is ₹468.0.
Minda Corporation Ltd has a market capitalisation of ₹16,230 crore.
Minda Corporation Ltd has a TopFund Quality Score of 64/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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