Minda Corporation Limited

NSEI:MINDACORP Stock Report

Market Cap: ₹122.5b

Minda Future Growth

Future criteria checks 4/6

Minda is forecast to grow earnings and revenue by 28.7% and 12.8% per annum respectively. EPS is expected to grow by 27.2% per annum. Return on equity is forecast to be 15.7% in 3 years.

Key information

28.7%

Earnings growth rate

27.20%

EPS growth rate

Auto Components earnings growth18.3%
Revenue growth rate12.8%
Future return on equity15.70%
Analyst coverage

Low

Last updated30 May 2025

Recent future growth updates

Minda Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 30
Minda Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Analysts Are Updating Their Minda Corporation Limited (NSE:MINDACORP) Estimates After Its Third-Quarter Results

Feb 10
Analysts Are Updating Their Minda Corporation Limited (NSE:MINDACORP) Estimates After Its Third-Quarter Results

Recent updates

Minda's (NSE:MINDACORP) Dividend Will Be ₹0.90

Jun 17
Minda's (NSE:MINDACORP) Dividend Will Be ₹0.90

Minda (NSE:MINDACORP) Is Paying Out A Dividend Of ₹0.90

May 31
Minda (NSE:MINDACORP) Is Paying Out A Dividend Of ₹0.90

Minda Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 30
Minda Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

What Is Minda Corporation Limited's (NSE:MINDACORP) Share Price Doing?

Mar 21
What Is Minda Corporation Limited's (NSE:MINDACORP) Share Price Doing?

Earnings Not Telling The Story For Minda Corporation Limited (NSE:MINDACORP)

Feb 28
Earnings Not Telling The Story For Minda Corporation Limited (NSE:MINDACORP)
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Expanding EV Platforms And Premium Products Will Drive Future Success

Strategic partnerships and EV market focus are key drivers for revenue and margin growth through synergies and reduced import reliance.

Analysts Are Updating Their Minda Corporation Limited (NSE:MINDACORP) Estimates After Its Third-Quarter Results

Feb 10
Analysts Are Updating Their Minda Corporation Limited (NSE:MINDACORP) Estimates After Its Third-Quarter Results

Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Dec 27
Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Returns At Minda (NSE:MINDACORP) Are On The Way Up

Dec 04
Returns At Minda (NSE:MINDACORP) Are On The Way Up

Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing

Nov 07
Minda Corporation Limited (NSE:MINDACORP) Not Lagging Market On Growth Or Pricing

Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?

Oct 17
Is It Time To Consider Buying Minda Corporation Limited (NSE:MINDACORP)?

Minda Corporation Limited (NSE:MINDACORP) Analysts Are Pretty Bullish On The Stock After Recent Results

Aug 13
Minda Corporation Limited (NSE:MINDACORP) Analysts Are Pretty Bullish On The Stock After Recent Results

Investors Appear Satisfied With Minda Corporation Limited's (NSE:MINDACORP) Prospects

Jul 24
Investors Appear Satisfied With Minda Corporation Limited's (NSE:MINDACORP) Prospects

Does Minda (NSE:MINDACORP) Have A Healthy Balance Sheet?

Jun 25
Does Minda (NSE:MINDACORP) Have A Healthy Balance Sheet?

Minda (NSE:MINDACORP) Hasn't Managed To Accelerate Its Returns

Jun 09
Minda (NSE:MINDACORP) Hasn't Managed To Accelerate Its Returns

Here's What Analysts Are Forecasting For Minda Corporation Limited (NSE:MINDACORP) After Its Annual Results

May 25
Here's What Analysts Are Forecasting For Minda Corporation Limited (NSE:MINDACORP) After Its Annual Results

What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Mar 27
What Does Minda Corporation Limited's (NSE:MINDACORP) Share Price Indicate?

Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50

Feb 08
Minda's (NSE:MINDACORP) Dividend Will Be ₹0.50

Revenue Miss: Minda Corporation Limited Fell 5.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Feb 04
Revenue Miss: Minda Corporation Limited Fell 5.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Reasonably Well

Jan 16
These 4 Measures Indicate That Minda (NSE:MINDACORP) Is Using Debt Reasonably Well

Minda Corporation Limited's (NSE:MINDACORP) Price Is Out Of Tune With Earnings

Dec 20
Minda Corporation Limited's (NSE:MINDACORP) Price Is Out Of Tune With Earnings

If EPS Growth Is Important To You, Minda (NSE:MINDACORP) Presents An Opportunity

Oct 12
If EPS Growth Is Important To You, Minda (NSE:MINDACORP) Presents An Opportunity

Minda's (NSE:MINDACORP) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 08
Minda's (NSE:MINDACORP) Shareholders Will Receive A Bigger Dividend Than Last Year

Minda's (NSE:MINDACORP) Dividend Will Be Increased To ₹0.80

Jun 24
Minda's (NSE:MINDACORP) Dividend Will Be Increased To ₹0.80

Minda (NSE:MINDACORP) Is Increasing Its Dividend To ₹0.80

Jun 10
Minda (NSE:MINDACORP) Is Increasing Its Dividend To ₹0.80

Minda (NSE:MINDACORP) Has Announced That It Will Be Increasing Its Dividend To ₹0.80

May 22
Minda (NSE:MINDACORP) Has Announced That It Will Be Increasing Its Dividend To ₹0.80

Here's Why We Think Minda (NSE:MINDACORP) Might Deserve Your Attention Today

Mar 28
Here's Why We Think Minda (NSE:MINDACORP) Might Deserve Your Attention Today

Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Dec 03
Minda (NSE:MINDACORP) Seems To Use Debt Quite Sensibly

Minda Corporation Limited (NSE:MINDACORP) Shares Could Be 45% Below Their Intrinsic Value Estimate

Aug 17
Minda Corporation Limited (NSE:MINDACORP) Shares Could Be 45% Below Their Intrinsic Value Estimate

Is Minda (NSE:MINDACORP) A Risky Investment?

Aug 03
Is Minda (NSE:MINDACORP) A Risky Investment?

Earnings and Revenue Growth Forecasts

NSEI:MINDACORP - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202765,2754,5423,1486,3744
3/31/202656,9853,2862,5605,4854
3/31/202550,5622,5541,9435,443N/A
12/31/202449,4992,741N/AN/AN/A
9/30/202448,6322,6181,3023,880N/A
6/30/202447,6902,462N/AN/AN/A
3/31/202446,5112,2723482,868N/A
12/31/202345,1072,784N/AN/AN/A
9/30/202344,1322,7821,2554,169N/A
6/30/202343,6442,772N/AN/AN/A
3/31/202343,0012,8451,3673,874N/A
12/31/202241,7332,384N/AN/AN/A
9/30/202238,4332,5601031,775N/A
6/30/202234,2752,373N/AN/AN/A
3/31/202229,7591,9195831,668N/A
12/31/202128,2221,706N/AN/AN/A
9/30/202128,2371,502-527759N/A
6/30/202127,4861,370N/AN/AN/A
3/31/202123,679935-495855N/A
12/31/202027,008-2,795N/AN/AN/A
9/30/202025,046-2,8441,7923,084N/A
6/30/202024,070-2,671N/AN/AN/A
3/31/202022,2261,3563,0204,504N/A
12/31/201928,8661,419N/AN/AN/A
9/30/201929,8421,4502,5763,891N/A
6/30/201930,2201,524N/AN/AN/A
3/31/201930,9201,6928932,094N/A
12/31/201830,4121,671N/AN/AN/A
9/30/201829,0831,588N/AN/AN/A
6/30/201827,9001,562N/AN/AN/A
3/31/201825,9351,427N/A699N/A
12/31/201732,7271,132N/AN/AN/A
9/30/201731,447967N/AN/AN/A
6/30/201730,374936N/AN/AN/A
3/31/201720,5981,021N/A484N/A
12/31/201628,4091,034N/AN/AN/A
9/30/201627,7441,149N/AN/AN/A
6/30/201626,1291,119N/AN/AN/A
3/31/201624,4101,073N/A2,258N/A
12/31/201523,0621,072N/AN/AN/A
9/30/201521,856996N/AN/AN/A
6/30/201520,404924N/AN/AN/A
3/31/201519,842894N/A3,042N/A
12/31/201419,3711,091N/AN/AN/A
9/30/201418,007976N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MINDACORP's forecast earnings growth (28.7% per year) is above the savings rate (6.7%).

Earnings vs Market: MINDACORP's earnings (28.7% per year) are forecast to grow faster than the Indian market (15% per year).

High Growth Earnings: MINDACORP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MINDACORP's revenue (12.8% per year) is forecast to grow faster than the Indian market (9.3% per year).

High Growth Revenue: MINDACORP's revenue (12.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MINDACORP's Return on Equity is forecast to be low in 3 years time (15.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/06 12:43
End of Day Share Price 2025/07/04 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Minda Corporation Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Mitul ShahDAM Capital Advisors
Shashank KanodiaICICIdirect.com