Minda Corporation Ltd

NSE: MINDACORP BSE: 538962

₹678.55

-6.05 (0.88%)

Sun, 08 Nov 2026, 08:31 am

MTF 5xInvest in Minda Corporation Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)16376.94

PE Ratio29.00

Dividend0.20

Producer Manufacturing

Auto Parts: OEM

24.5K

Minda Corporation Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-268.47M	-424.25M	-275.08M	-394.62M	-370.65M	-311.00M	-398.00M	-507.00M	-413.00M	-388.00M	-320.00M	-481.00M	-571.00M	-687.00M
Pretax equity in earnings	—	0	—	—	0	0	0	—	—	—	—	—	—	—
Equity in earnings	6.03M	—	9.80M	44.33M	2.81M	-137.00M	131.00M	280.00M	125.00M	39.00M	74.00M	-99.00M	20.00M	162.00M
Total assets	11.97B	12.77B	13.18B	14.28B	17.81B	15.55B	20.59B	24.52B	23.29B	23.30B	25.72B	32.24B	34.39B	48.83B
Total current assets	6.70B	7.16B	7.30B	7.86B	10.06B	7.84B	11.29B	14.49B	15.26B	14.86B	15.45B	15.83B	19.80B	16.78B
Cash and short term investments	1.30B	583.94M	560.61M	463.24M	882.02M	343.00M	261.00M	3.53B	4.72B	4.99B	3.33B	1.62B	4.83B	967.00M
Cash & equivalents	576.72M	559.39M	513.51M	415.92M	783.37M	276.00M	193.00M	303.00M	947.00M	531.00M	708.00M	1.08B	1.52B	759.00M
Short term investments	720.49M	24.55M	47.10M	47.32M	98.66M	67.00M	68.00M	3.23B	3.78B	4.46B	2.63B	540.00M	3.31B	208.00M
Total receivables, net	2.65B	3.25B	3.11B	3.43B	4.47B	3.95B	5.95B	5.85B	4.06B	5.28B	6.61B	7.35B	8.92B	9.34B
Accounts receivable - trade, net	2.57B	3.05B	2.91B	3.18B	4.35B	3.75B	5.74B	5.48B	3.90B	4.56B	5.80B	6.61B	8.12B	8.28B
Other receivables	78.01M	190.96M	195.55M	249.68M	116.09M	208.00M	215.00M	370.00M	164.00M	711.00M	809.00M	742.00M	803.00M	1.06B
Total inventory	2.48B	2.91B	2.59B	2.75B	3.87B	3.14B	4.67B	4.68B	4.22B	4.25B	5.10B	6.10B	5.50B	5.98B
Other current assets, total	131.64M	259.40M	991.03M	1.13B	730.49M	262.00M	236.00M	311.00M	2.16B	280.00M	351.00M	681.00M	421.00M	370.00M
Total non-current assets	5.28B	5.62B	5.87B	6.42B	7.75B	7.71B	9.30B	10.03B	8.03B	8.44B	10.27B	16.41B	14.60B	32.05B
Long term investments	158.59M	120.32M	314.51M	395.39M	60.27M	1.39B	1.50B	1.91B	1.90B	1.82B	675.00M	4.53B	582.00M	14.76B
Note receivable - long term	65.75M	41.72M	11.02M	7.48M	4.73M	83.00M	105.00M	121.00M	134.00M	13.00M	8.00M	8.00M	12.00M	0
Investments in unconsolidated subsidiaries	43.40M	—	193.16M	237.07M	100.00K	1.25B	1.38B	1.64B	1.75B	1.79B	595.00M	496.00M	516.00M	14.68B
Other investments	49.43M	78.59M	110.33M	150.84M	55.44M	59.00M	14.00M	154.00M	15.00M	19.00M	72.00M	4.02B	54.00M	78.00M
Net property/plant/equipment	4.00B	4.33B	4.26B	4.70B	5.88B	5.01B	6.10B	6.36B	5.68B	6.05B	7.59B	9.61B	11.33B	14.49B
Gross property/plant/equipment	7.37B	8.41B	8.62B	9.07B	11.85B	5.58B	7.34B	8.41B	7.91B	9.10B	12.24B	15.40B	18.17B	23.03B
Deferred tax assets	52.74M	44.54M	57.29M	67.89M	103.17M	73.00M	80.00M	98.00M	17.00M	17.00M	48.00M	225.00M	122.00M	94.00M
Net intangible assets	975.36M	1.01B	1.15B	1.16B	1.44B	1.12B	1.24B	1.20B	409.00M	382.00M	1.67B	1.61B	1.62B	1.81B
Goodwill, net	794.47M	798.51M	1.06B	1.09B	1.34B	971.00M	1.01B	1.01B	299.00M	299.00M	929.00M	929.00M	929.00M	929.00M
Other intangibles, net	180.89M	210.72M	93.38M	72.28M	101.83M	152.00M	223.00M	187.00M	110.00M	83.00M	737.00M	683.00M	693.00M	879.00M
Other long term assets, total	87.54M	100.45M	84.10M	94.13M	230.03M	99.00M	386.00M	449.00M	27.00M	159.00M	285.00M	425.00M	911.00M	846.00M
Short term debt	3.37B	3.56B	3.51B	3.26B	4.08B	3.65B	4.43B	5.35B	4.67B	4.05B	3.24B	4.07B	2.43B	9.62B
Current portion of LT debt and capital leases	752.26M	645.21M	636.95M	567.36M	840.26M	801.00M	1.33B	1.48B	1.55B	976.00M	627.00M	890.00M	983.00M	1.46B
Short term debt excl. current portion of LT debt	2.62B	2.91B	2.87B	2.69B	3.24B	2.85B	3.09B	3.87B	3.12B	3.07B	2.62B	3.18B	1.45B	8.16B
Accounts payable	2.18B	2.32B	2.40B	3.04B	4.19B	2.64B	4.41B	4.10B	5.09B	5.07B	5.67B	7.26B	7.14B	8.29B
Income tax payable	81.16M	18.09M	21.22M	59.42M	73.88M	100.00M	89.00M	80.00M	33.00M	136.00M	63.00M	21.00M	31.00M	31.00M
Long term debt	1.57B	1.89B	2.10B	1.81B	1.42B	1.84B	2.80B	1.46B	1.53B	1.23B	1.82B	3.06B	2.92B	6.48B
Long term debt excl. lease liabilities	1.09B	1.61B	1.97B	1.80B	1.36B	1.74B	2.68B	1.37B	1.53B	1.23B	1.82B	3.06B	2.92B	6.48B
Total equity	3.54B	3.50B	3.89B	4.91B	6.31B	6.22B	7.41B	11.95B	9.75B	11.47B	13.30B	15.91B	19.81B	22.02B
Shareholders' equity	3.51B	3.45B	3.89B	4.67B	5.67B	6.22B	7.41B	11.95B	9.75B	11.47B	13.30B	15.91B	19.81B	22.02B
Common equity, total	3.31B	3.26B	3.70B	4.47B	5.48B	6.13B	7.41B	11.95B	9.75B	11.47B	13.30B	15.91B	19.81B	22.02B
Other common equity	1.08B	1.02B	755.53M	783.37M	888.92M	598.00M	846.00M	877.00M	952.00M	1.37B	1.43B	1.44B	1.44B	1.42B
Total debt	4.94B	5.45B	5.61B	5.07B	5.50B	5.49B	7.23B	6.81B	6.20B	5.28B	5.06B	7.13B	5.35B	16.09B
Net debt	3.65B	4.86B	5.05B	4.61B	4.62B	5.15B	6.97B	3.28B	1.48B	283.00M	1.73B	5.51B	524.00M	15.13B
Change in accounts receivable	-757.67M	-496.49M	-396.29M	172.08M	-253.24M	-484.00M	-2.00B	179.00M	1.19B	-739.00M	-342.00M	-701.00M	-1.65B	-276.00M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	821.21M	189.98M	51.96M	295.50M	406.48M	130.00M	1.80B	-313.00M	915.00M	429.00M	-343.00M	1.59B	-134.00M	1.66B
Change in other assets/liabilities	86.06M	-200.63M	-1.10B	809.65M	468.88M	320.00M	-81.00M	-289.00M	-117.00M	-196.00M	-64.00M	-393.00M	16.00M	-299.00M
Sale of fixed assets & businesses	272.47M	233.77M	681.19M	60.94M	66.68M	201.00M	17.00M	19.00M	23.00M	44.00M	8.00M	19.00M	10.00M	80.00M
Purchase/sale of investments, net	-54.11M	402.01M	-108.42M	253.28M	-62.57M	2.00M	-11.00M	-2.92B	-413.00M	-688.00M	773.00M	-1.95B	3.55B	-10.74B
Sale/maturity of investments	90.26M	402.01M	0	253.28M	—	2.00M	0	240.00M	0	—	2.49B	2.11B	7.69B	11.98B
Purchase of investments	-144.37M	—	-108.42M	0	-62.57M	-170.35M	-11.00M	-3.16B	-413.00M	-688.00M	-1.72B	-4.06B	-4.14B	-22.73B
Other investing cash flow items, total	—	—	0	0	0	24.00M	0	0	31.00M	4.00M	17.00M	9.00M	8.00M	0
Issuance/retirement of debt, net	1.63B	559.73M	1.62B	-1.95B	123.97M	1.04B	1.92B	-447.00M	-1.57B	476.00M	-924.00M	1.61B	-2.04B	9.96B
Issuance/retirement of long term debt	280.03M	209.32M	495.73M	-1.02B	-134.01M	677.00M	1.67B	-1.22B	-814.00M	96.00M	-468.00M	1.05B	-319.00M	3.25B
Issuance/retirement of short term debt	1.35B	350.41M	1.13B	-930.48M	257.98M	365.00M	256.00M	771.00M	-753.00M	380.00M	-456.00M	563.00M	-1.73B	6.71B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-33.60M	-69.82M	-48.98M	-99.41M	-100.10M	-123.00M	-145.00M	-175.00M	-199.00M	-70.00M	-153.00M	-263.00M	-305.00M	-330.00M
Other financing cash flow items, total	0	0	3.00M	2.89M	17.96M	0	-192.00M	0	0	0	0	0	0	0

Particulars	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-268.47M	-424.25M	-275.08M	-394.62M	-370.65M	-311.00M	-398.00M	-507.00M	-413.00M	-388.00M	-320.00M	-481.00M	-571.00M	-687.00M
Pretax equity in earnings	—	0	—	—	0	0	0	—	—	—	—	—	—	—
Equity in earnings	6.03M	—	9.80M	44.33M	2.81M	-137.00M	131.00M	280.00M	125.00M	39.00M	74.00M	-99.00M	20.00M	162.00M
Total assets	11.97B	12.77B	13.18B	14.28B	17.81B	15.55B	20.59B	24.52B	23.29B	23.30B	25.72B	32.24B	34.39B	48.83B
Total current assets	6.70B	7.16B	7.30B	7.86B	10.06B	7.84B	11.29B	14.49B	15.26B	14.86B	15.45B	15.83B	19.80B	16.78B
Cash and short term investments	1.30B	583.94M	560.61M	463.24M	882.02M	343.00M	261.00M	3.53B	4.72B	4.99B	3.33B	1.62B	4.83B	967.00M
Cash & equivalents	576.72M	559.39M	513.51M	415.92M	783.37M	276.00M	193.00M	303.00M	947.00M	531.00M	708.00M	1.08B	1.52B	759.00M
Short term investments	720.49M	24.55M	47.10M	47.32M	98.66M	67.00M	68.00M	3.23B	3.78B	4.46B	2.63B	540.00M	3.31B	208.00M
Total receivables, net	2.65B	3.25B	3.11B	3.43B	4.47B	3.95B	5.95B	5.85B	4.06B	5.28B	6.61B	7.35B	8.92B	9.34B
Accounts receivable - trade, net	2.57B	3.05B	2.91B	3.18B	4.35B	3.75B	5.74B	5.48B	3.90B	4.56B	5.80B	6.61B	8.12B	8.28B
Other receivables	78.01M	190.96M	195.55M	249.68M	116.09M	208.00M	215.00M	370.00M	164.00M	711.00M	809.00M	742.00M	803.00M	1.06B
Total inventory	2.48B	2.91B	2.59B	2.75B	3.87B	3.14B	4.67B	4.68B	4.22B	4.25B	5.10B	6.10B	5.50B	5.98B
Other current assets, total	131.64M	259.40M	991.03M	1.13B	730.49M	262.00M	236.00M	311.00M	2.16B	280.00M	351.00M	681.00M	421.00M	370.00M
Total non-current assets	5.28B	5.62B	5.87B	6.42B	7.75B	7.71B	9.30B	10.03B	8.03B	8.44B	10.27B	16.41B	14.60B	32.05B
Long term investments	158.59M	120.32M	314.51M	395.39M	60.27M	1.39B	1.50B	1.91B	1.90B	1.82B	675.00M	4.53B	582.00M	14.76B
Note receivable - long term	65.75M	41.72M	11.02M	7.48M	4.73M	83.00M	105.00M	121.00M	134.00M	13.00M	8.00M	8.00M	12.00M	0
Investments in unconsolidated subsidiaries	43.40M	—	193.16M	237.07M	100.00K	1.25B	1.38B	1.64B	1.75B	1.79B	595.00M	496.00M	516.00M	14.68B
Other investments	49.43M	78.59M	110.33M	150.84M	55.44M	59.00M	14.00M	154.00M	15.00M	19.00M	72.00M	4.02B	54.00M	78.00M
Net property/plant/equipment	4.00B	4.33B	4.26B	4.70B	5.88B	5.01B	6.10B	6.36B	5.68B	6.05B	7.59B	9.61B	11.33B	14.49B
Gross property/plant/equipment	7.37B	8.41B	8.62B	9.07B	11.85B	5.58B	7.34B	8.41B	7.91B	9.10B	12.24B	15.40B	18.17B	23.03B
Deferred tax assets	52.74M	44.54M	57.29M	67.89M	103.17M	73.00M	80.00M	98.00M	17.00M	17.00M	48.00M	225.00M	122.00M	94.00M
Net intangible assets	975.36M	1.01B	1.15B	1.16B	1.44B	1.12B	1.24B	1.20B	409.00M	382.00M	1.67B	1.61B	1.62B	1.81B
Goodwill, net	794.47M	798.51M	1.06B	1.09B	1.34B	971.00M	1.01B	1.01B	299.00M	299.00M	929.00M	929.00M	929.00M	929.00M
Other intangibles, net	180.89M	210.72M	93.38M	72.28M	101.83M	152.00M	223.00M	187.00M	110.00M	83.00M	737.00M	683.00M	693.00M	879.00M
Other long term assets, total	87.54M	100.45M	84.10M	94.13M	230.03M	99.00M	386.00M	449.00M	27.00M	159.00M	285.00M	425.00M	911.00M	846.00M
Short term debt	3.37B	3.56B	3.51B	3.26B	4.08B	3.65B	4.43B	5.35B	4.67B	4.05B	3.24B	4.07B	2.43B	9.62B
Current portion of LT debt and capital leases	752.26M	645.21M	636.95M	567.36M	840.26M	801.00M	1.33B	1.48B	1.55B	976.00M	627.00M	890.00M	983.00M	1.46B
Short term debt excl. current portion of LT debt	2.62B	2.91B	2.87B	2.69B	3.24B	2.85B	3.09B	3.87B	3.12B	3.07B	2.62B	3.18B	1.45B	8.16B
Accounts payable	2.18B	2.32B	2.40B	3.04B	4.19B	2.64B	4.41B	4.10B	5.09B	5.07B	5.67B	7.26B	7.14B	8.29B
Income tax payable	81.16M	18.09M	21.22M	59.42M	73.88M	100.00M	89.00M	80.00M	33.00M	136.00M	63.00M	21.00M	31.00M	31.00M
Long term debt	1.57B	1.89B	2.10B	1.81B	1.42B	1.84B	2.80B	1.46B	1.53B	1.23B	1.82B	3.06B	2.92B	6.48B
Long term debt excl. lease liabilities	1.09B	1.61B	1.97B	1.80B	1.36B	1.74B	2.68B	1.37B	1.53B	1.23B	1.82B	3.06B	2.92B	6.48B
Total equity	3.54B	3.50B	3.89B	4.91B	6.31B	6.22B	7.41B	11.95B	9.75B	11.47B	13.30B	15.91B	19.81B	22.02B
Shareholders' equity	3.51B	3.45B	3.89B	4.67B	5.67B	6.22B	7.41B	11.95B	9.75B	11.47B	13.30B	15.91B	19.81B	22.02B
Common equity, total	3.31B	3.26B	3.70B	4.47B	5.48B	6.13B	7.41B	11.95B	9.75B	11.47B	13.30B	15.91B	19.81B	22.02B
Other common equity	1.08B	1.02B	755.53M	783.37M	888.92M	598.00M	846.00M	877.00M	952.00M	1.37B	1.43B	1.44B	1.44B	1.42B
Total debt	4.94B	5.45B	5.61B	5.07B	5.50B	5.49B	7.23B	6.81B	6.20B	5.28B	5.06B	7.13B	5.35B	16.09B
Net debt	3.65B	4.86B	5.05B	4.61B	4.62B	5.15B	6.97B	3.28B	1.48B	283.00M	1.73B	5.51B	524.00M	15.13B
Change in accounts receivable	-757.67M	-496.49M	-396.29M	172.08M	-253.24M	-484.00M	-2.00B	179.00M	1.19B	-739.00M	-342.00M	-701.00M	-1.65B	-276.00M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	821.21M	189.98M	51.96M	295.50M	406.48M	130.00M	1.80B	-313.00M	915.00M	429.00M	-343.00M	1.59B	-134.00M	1.66B
Change in other assets/liabilities	86.06M	-200.63M	-1.10B	809.65M	468.88M	320.00M	-81.00M	-289.00M	-117.00M	-196.00M	-64.00M	-393.00M	16.00M	-299.00M
Sale of fixed assets & businesses	272.47M	233.77M	681.19M	60.94M	66.68M	201.00M	17.00M	19.00M	23.00M	44.00M	8.00M	19.00M	10.00M	80.00M
Purchase/sale of investments, net	-54.11M	402.01M	-108.42M	253.28M	-62.57M	2.00M	-11.00M	-2.92B	-413.00M	-688.00M	773.00M	-1.95B	3.55B	-10.74B
Sale/maturity of investments	90.26M	402.01M	0	253.28M	—	2.00M	0	240.00M	0	—	2.49B	2.11B	7.69B	11.98B
Purchase of investments	-144.37M	—	-108.42M	0	-62.57M	-170.35M	-11.00M	-3.16B	-413.00M	-688.00M	-1.72B	-4.06B	-4.14B	-22.73B
Other investing cash flow items, total	—	—	0	0	0	24.00M	0	0	31.00M	4.00M	17.00M	9.00M	8.00M	0
Issuance/retirement of debt, net	1.63B	559.73M	1.62B	-1.95B	123.97M	1.04B	1.92B	-447.00M	-1.57B	476.00M	-924.00M	1.61B	-2.04B	9.96B
Issuance/retirement of long term debt	280.03M	209.32M	495.73M	-1.02B	-134.01M	677.00M	1.67B	-1.22B	-814.00M	96.00M	-468.00M	1.05B	-319.00M	3.25B
Issuance/retirement of short term debt	1.35B	350.41M	1.13B	-930.48M	257.98M	365.00M	256.00M	771.00M	-753.00M	380.00M	-456.00M	563.00M	-1.73B	6.71B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-33.60M	-69.82M	-48.98M	-99.41M	-100.10M	-123.00M	-145.00M	-175.00M	-199.00M	-70.00M	-153.00M	-263.00M	-305.00M	-330.00M
Other financing cash flow items, total	0	0	3.00M	2.89M	17.96M	0	-192.00M	0	0	0	0	0	0	0