Minda corporation has delivered its highhest ever consolidated revenue of Rs. 1,386 Crore and operating Profit of Rs. 156 Crore with an operating margin of 11.3%
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Minda Corporation Limited (Minda corp or the company; nse: Mindacorp, BSE: 538962), The Flagship Company of Spark Minda, Announced Its Financial Results for the First Quarter Ended June 30, 2025.
Consolidated Q1 FY2026 Performance
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Consolidated Revenue of Rs. 1,386 Crore, A growth of 16.2% yoy
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Ebitda of Rs. 156 Crore, with an ebitda margin of 11.3%, up 23 bps yoy
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Pat of Rs. 65 Crore with a Pat Margin of 4.7%
Minda Corp Achieved Quarterly Revenue of Rs. 1,386 Crore, Surpassing Consensus Estimates with a growth of 16.2% yoy. This performance is attributed to a strong product portfolio, an expanding customer base and a focus on product Premization. DURING The Quarter, The Company Reported Quarterly Ebitda of Rs. 156 Crore, with a Margin of 11.3%, Marking a 23 BPS Yoy Improvement. Profit Before Tax (PBT) Stood at Rs. 71 Crore, with a Margin of 5.1%, while Profit after tax (PAT) Rs. 65 Crore, with a Margin of 4.7%.
Minda corporation entred into a Joint Venture Agreement with Toyodenso to Establish a Joint Venture Company in India for Manufacturing and Selling of Advanced Automotive SwitchesThe partnership will provide end-to end solutions for automotive switches across two-wheeles, passenger cars and other automotive segments in the Indian market. Minda Corporation will hold the Majority Stake in the newly formed venture, with an investment in the agreed shareholding ratio of 60:40. The new joint venture has alredy received orders from customers in India. This Greenfield Plant will be set up in Noida, Uttar Pradesh and is expected to commence operations by 2nd half of fY 2026-27.
Minda Corporation collaborates with Qualcomm to Co-Deevelop Smart Cockpit Solutions. As part of this collaboration, mind corporation is designing a next-generation cockpit platform power power power This Alliance Reflects Commitment to Technological Leadership and Aligns with the long-term vision of deliverying intelligent, connected and use-rented expers that create Sustainable Value for Oms, Endicuce for Oms, And sharehlders.
Commenting on the results, Mr. Ashok Minda, Chairman and Group Ceo Said, “The first Quarter of FY26 Witnessed a Strong Performance, Supported by Resilient Demand Across Key Vehicle Segments. Leverapping our focus on operateal excellence, Technology Integration, and Customer-Center Initiatives, We Continued to Strengthen our market position. As we progress through the year, we remain focused on expanding our market reach, enhancing expenses, and delivering sustainable value to our stakeholders through conestent execution and stratagic initiatives,
Moving forward, the company aims to broaden its product portfolio by enhancing its competitive edge through sustained r&D investments. We will also continue to strengthen strategic partnerships to leverage technological advancements and effectively address evolving customer needs.
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Particulars (rs. Crores) |
Q1fy26 |
Q1fy25 |
Yoy (%) |
Q4Fy25 |
Qoq (%) |
Fy25 |
FY24 |
Yoy (%) |
|
Operating revenue |
1,386 |
1,192 |
16.2% |
1,321 |
4.9% |
5,056 |
4,651 |
8.7% |
|
Ebitda |
156 |
132 |
18.6% |
153 |
2.2% |
575 |
514 |
11.7% |
|
Margin (%) |
11.3% |
11.1% |
23 BPS |
11.6% |
(29) BPS |
11.4% |
11.1% |
31 bps |
|
Profit Before Tax (PBT) |
71 |
84 |
(16.2)% |
65 |
9.0% |
336 |
308 |
8.8% |
|
Margin (%) |
5.1% |
7.1% |
(198) BPS |
4.9% |
19 bps |
6.6% |
6.6% |
1 bps |
|
Profit after tax (pat) |
65 |
64 |
1.7% |
52 |
25.5% |
255 |
227 |
12.4% |
|
Margin (%) |
4.7% |
5.4% |
(67) BPS |
3.9% |
77 BPS |
5.1% |
4.9% |
17 BPS |
About Minda Corporation (BSE: 538962; NSE: Mindacorp)
Minda corporation is one of the Leading Automotive Component Manufacturing Companies in India with a Pan-India Presence and Significant International Footprint. The company was incorported in 1985. Minda corporation is the flagship company of spark mind, which was part of the estwhile minda group. The company has a diversified product portfolio that encompasses mechhatronics, information and connected systems and plastic and interior for auto Oms. These products Cater to 2/3 Wheelers, Passenger Vehicles, Commercial Vehicles, Off-Raders and after-MARKET. The company has a Diversified Customer Base Including Indian and Global Original Equipment Manufacturers and Tier-1 Customers.
For assimilating the latest technologies, mind corporation has a dedicated R&D facility and collaborations with the pioneers and leaders of the automobile industry. This has provided Minda Corporation with the cutting-edge in product design and technology to meet strict international quality standards.
For Further Information on Minda Corporation Visit www.sparkminda.com,
Safe harbor
This release contains statements that contains “Forward Looking Statements” Including, But without Limitation, Statements to the Implementation of Strategic Initiatives, And Other Statements Relating to Minda CORPORATION FUTUTURE Business developments and economic performance. While These Forward-Looking Statements Indicate Our Assessment and Future Exactations Concerning The Development of Our Business, Several Risks, Uncertaintiies and Other Unknown Factors Cause CASE CASE CASEKS Developments and results to different from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interested rates, interestry rates, competivive prestesures, competivity presupp Developments, changes in the financial conditions of three parties dealing with us, legislative developments, and other key factors that Cold Affect Oour Business and Financial Performance. Minda Corporation undertakes no obligation to publicly revise any forward-looking statement to reflect future / likely events or circumstances.
