Minda Corporation Limited (MINDACORP) announced its financial results for the quarter and full year ended March 31, 2026, during its board meeting on May 22, 2026. The company reported consolidated revenue of Rs 1,704 crore for Q4FY26, a 29% year-over-year increase, driven by strong demand across vehicle segments. EBITDA reached Rs 203 crore with a margin of 11.9%, up 37 basis points YoY, while profit after tax (PAT) stood at Rs 124 crore, reflecting a 138% YoY growth.
The full-year results for FY26 showed consolidated revenue of Rs 6,185 crore, a 22.3% YoY rise, with EBITDA at Rs 721 crore and PAT of Rs 358 crore. These figures highlight consistent execution in a dynamic market, supported by GST rationalization and the 'Make in India' initiative. The company also strengthened its technology roadmap through joint ventures with Toyodenso Co. Ltd. (Japan) and Turntide Technologies (UK) for automotive and electric vehicle solutions.
Minda Corporation recommended a final dividend of 40% (Rs 0.80 per share) for FY2026, bringing the total annual dividend to 70% (Rs 1.40 per share) including the interim dividend. The record date for the final dividend payment is set for August 14, 2026, pending approval at the upcoming annual general meeting (AGM).
The board decided to hold the 41st AGM on August 21, 2026, to approve the dividend and other shareholder-related matters. Unclaimed dividends from FY2018-19 will be transferred to the IEPF Authority. The company emphasized operational efficiency and strategic partnerships as key factors behind its financial performance.
Mr. Ashok Minda, Chairman and Group CEO, attributed the growth to disciplined financial management and expanded customer base. The company’s diversified product portfolio and R&D investments continue to support its position as a leading automotive component manufacturer in India. Financial include a 29% YoY revenue growth in Q4 and a 22.3% YoY increase in annual revenue.
Minda Corporation’s results underscore its commitment to and shareholder value. The company’s focus on premiumization, technology adoption, and cost efficiency aligns with its long-term goals in the automotive sector. Further details are available on the company’s website at www.sparkminda.com.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.