Minda Corporation Limited, a leading automotive component manufacturer, has announced its highest-ever consolidated revenue of ₹6,185 crore for the financial year ending March 31, 2026. The company also reported an operating profit of ₹721 crore with an operating margin of 11.7%.
For the fourth quarter, Minda Corporation achieved a consolidated revenue of ₹1,704 crore, marking a 29.0% year-on-year growth. The earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter stood at ₹203 crore, with an EBITDA margin of 11.9%, reflecting a 37 basis points improvement from the previous year. The profit after tax (PAT) for Q4 was ₹124 crore, with a PAT margin of 7.3%.
Throughout FY26, the company reported a significant EBITDA of ₹721 crore, with a margin improvement of 29 basis points year-on-year. The profit before tax (PBT) was ₹383 crore, with a margin of 6.2%, while the PAT reached ₹358 crore, with a margin of 5.8%.
Minda Corporation’s robust performance is attributed to its strong product portfolio, expanding customer base, and focus on product premiumisation. The company also strengthened its technology and innovation roadmap through strategic global partnerships. It formed a joint venture with Toyodenso Co., Ltd., Japan, for advanced automotive switches and signed an agreement with Turntide Technologies, UK, to introduce next-generation powertrain solutions for the electric vehicle industry.
These partnerships aim to bring advanced global technologies to the Indian market, offering localised, premium mobility solutions tailored to domestic requirements. The collaborations align with the Government’s ‘Make in India’ initiative, enhancing the resilience of the domestic automotive supply chain.
Mr. Ashok Minda, Chairman and Group CEO, commented on the results, stating that FY2026 was a year of consistent execution and steady progress for Minda Corporation. He highlighted the company’s focus on operational efficiency, customer relationships, and disciplined financial management as key drivers for sustaining growth and creating long-term value.
In recognition of shareholders, the board of directors recommended a final dividend of 40%, or ₹0.80 per equity share, bringing the total dividend for the year to 70%, or ₹1.40 per equity share.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).