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Consumer Discretionary · Auto Parts

Minda Corporation Ltd.

MINDACORP

Minda Corporation Limited manufactures and sells automobile components and parts in India, rest of Asia, America, Europe, and Africa. The company offers mechatronic products, such as ignition switch cum steering locks, smart key systems and keyless entry, access systems, mechatronics handles, immobiliser fuel tank caps, aluminium and zinc die casting components, flush outer door handles, knob type smart lock systems, starter motors, and alternators; information and connected systems, including wiring harness, connectors, cockpit, fully digital clusters, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. It also provides plastic and interior products comprising air vent rears, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, battery trays, and light weight solutions; and aftermarket products that comprise locks, lubricants, filters, clutch plates, bearings, wiper blades, brake shoes, and cables. In addition, the company offers DC-DC convertors, battery chargers, motor controllers, intelligent transport system, telematics, connected clusters, MFECU, and vehicle control units; and rod, micro pole, shark fin, and LF antennas. Further, it offers kick and tilt gyro IMU sensors, tyre pressure monitoring systems, EV supply equipment, primary gears, ignition coils, cooling fans, and spark plug caps, as well as various type of motors and invertors. The company serves passenger and commercial vehicle, motorcycle and scooter, off-road vehicle, and tier 1 manufacturers, as well as original equipment manufacturers. It exports its products. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India.

NSE: MINDACORPOfficial website ↗

Key metrics

Market Cap

₹12,106 cr

P/E Ratio

42.72x

P/B Ratio

5.5x

ROE

11.6%

ROCE

10.49%

Debt / Equity

0.73x

Net Margin

5.14%

Dividend Yield

29%

EPS

₹10.68

Period

FY2025

Shareholding pattern

As of Latest
Promoter: 65.89%FII: 27.47%Public: 6.64%

Deep-dive pages

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