| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 1.7K | 9.2% | 28.9% |
| Total Income | 1.7K | 9.3% | 29.1% |
| Expenditure | 1.6K | 8.6% | 26.1% |
| PBT | 123.43 | 27.9% | 90.2% |
| Net Profit | 124.00 | 47.1% | 138.3% |
| OPM | 12.09% | 0.59pp | 0.52pp |
| NPM | 7.25% | 1.86pp | 3.32pp |
| EPS | 5.29 | 45.3% | 139.4% |
Minda Corp FY26 Revenue at ₹6,185 Cr, Up 22.3% YoY
22 May 2026 · 22 May, 4:41 pm
Summary
Minda Corporation Limited announced robust financial results for Q4 and the full fiscal year ended March 31, 2026, achieving its highest ever quarterly revenue of ₹1,704 Crore, up 29.0% YoY. For FY26, consolidated revenue reached a record ₹6,185 Crore, reflecting a 22.3% YoY increase, with EBITDA also at an all-time high of ₹721 Crore, representing an 11.7% margin. The company's profit after tax for Q4 and FY26 stood at ₹124 Crore and ₹358 Crore, respectively. Chairman and Group CEO, Mr. Ashok Minda, highlighted consistent execution, stable growth driven by demand in 2W and CV segments, and strategic investments in R&D and technology partnerships to sustain growth and create long-term value.
Key Highlights
- 1
Minda Corporation achieved its highest ever quarterly revenue of ₹1,704 Crore in Q4 FY26, marking a significant growth of 29.0% Year-on-Year.
- 2
The Company reported a Q4 FY26 EBITDA of ₹203 Crore with a margin of 11.9%, showing a 37 bps YoY improvement.
- 3
For the full fiscal year 2026, Minda Corp delivered its highest ever consolidated revenue of ₹6,185 Crore, a growth of 22.3% YoY.
- 4
FY26 saw the Company achieve its highest ever EBITDA of ₹721 Crore, with an operating margin of 11.7%, improving by 29 bps YoY.
- 5
Profit After Tax for Q4 FY26 stood at ₹124 Crore, with the full year FY26 PAT reaching ₹358 Crore.
- 6
Minda Corporation strengthened its technology roadmap through two strategic global partnerships: a joint venture with Toyodenso Co., Ltd., Japan, for advanced automotive switches, and an agreement with Turntide Technologies, UK, for next-generation EV powertrain solutions.
- 7
The board of directors recommended a final dividend of 40% (₹0.80 per equity share), bringing the total dividend for FY26 to 70% (₹1.40 per equity share).
Management Comments
Ashok Minda
FY2026 was a year of consistent execution and steady progress for Minda Corporation. Despite a dynamic market environment, we delivered stable growth supported by demand across key vehicle segments, particularly in the 2W and CV categories. Policy measures such as GST rationalization and the ‘Make in India’ initiative supported cost efficiency and improved affordability. We continued to invest in R&D and technology partnerships to strengthen our product offerings. Our focus remains on operational efficiency, customer relationships, and disciplined financial management, as we work towards sustaining growth and creating long-term value for all stakeholders.
Informational and educational content only. Not investment advice.