Minda Corporation Ltd

Minda Corporation has allotted commercial paper aggregating to Rs 100 crore with maturity date of 06 March 2026. Powered by Capital Market - Live

Himadri Speciality Chemical Ltd, Tata Investment Corporation Ltd, Go Digit General Insurance Ltd, Shyam Metalics & Energy Ltd are among the other stocks to see a surge in volumes on NSE today, 24 September 2025.Minda Corporation Ltd clocked volume of 195.5 lakh shares by 14:14 IST on NSE, a 55.02 times surge over two-week average daily volume of 3.55 lakh shares. The stock gained 10.84% to Rs.592.45. Volumes stood at 5.37 lakh shares in the last session.Himadri Speciality Chemical Ltd witnessed volume of 214.34 lakh shares by 14:14 IST on NSE, a 24.39 times surge over two-week average daily volume of 8.79 lakh shares. The stock increased 6.13% to Rs.479.35. Volumes stood at 5.92 lakh shares in the last session.Tata Investment Corporation Ltd recorded volume of 30.23 lakh shares by 14:14 IST on NSE, a 9.26 times surge over two-week average daily volume of 3.26 lakh shares. The stock gained 9.04% to Rs.8,873.50. Volumes stood at 17.28 lakh shares in the last session.Go Digit General Insurance Ltd witnessed volume of 19.58 lakh shares by 14:14 IST on NSE, a 4.68 times surge over two-week average daily volume of 4.18 lakh shares. The stock dropped 0.10% to Rs.355.60. Volumes stood at 10.9 lakh shares in the last session.Shyam Metalics & Energy Ltd saw volume of 5.34 lakh shares by 14:14 IST on NSE, a 4.5 fold spurt over two-week average daily volume of 1.19 lakh shares. The stock increased 2.73% to Rs.927.50. Volumes stood at 91819 shares in the last session.Powered by Capital Market - Live

Schaeffler India Ltd, Tata Investment Corporation Ltd, Amber Enterprises India Ltd, Go Digit General Insurance Ltd are among the other stocks to see a surge in volumes on BSE today, 24 September 2025.Minda Corporation Ltd saw volume of 5.48 lakh shares by 10:47 IST on BSE, a 21.98 fold spurt over two-week average daily volume of 24936 shares. The stock increased 8.38% to Rs.578.90. Volumes stood at 26338 shares in the last session.Schaeffler India Ltd witnessed volume of 25285 shares by 10:47 IST on BSE, a 11.85 times surge over two-week average daily volume of 2135 shares. The stock increased 0.03% to Rs.4,113.40. Volumes stood at 1490 shares in the last session.Tata Investment Corporation Ltd notched up volume of 1.67 lakh shares by 10:47 IST on BSE, a 8.14 fold spurt over two-week average daily volume of 20470 shares. The stock rose 8.11% to Rs.8,805.20. Volumes stood at 1.04 lakh shares in the last session.Amber Enterprises India Ltd registered volume of 1.03 lakh shares by 10:47 IST on BSE, a 7.52 fold spurt over two-week average daily volume of 13715 shares. The stock rose 0.27% to Rs.8,320.65. Volumes stood at 6016 shares in the last session.Go Digit General Insurance Ltd witnessed volume of 78312 shares by 10:47 IST on BSE, a 5.96 times surge over two-week average daily volume of 13147 shares. The stock increased 1.38% to Rs.360.85. Volumes stood at 17586 shares in the last session.Powered by Capital Market - Live

The roadmap lays out ambitious targets, including tripling revenue over the next five years, ramping up exports, and steering aggressively into electric vehicle (EV) components and premium auto electronics. The presentation, unveiled at an investor meet in Pune on 23 September 2025, highlighted the company's strategy to scale revenue from Rs 5,056 crore in FY25 to over Rs 17,500 crore by FY30 while keeping debt under tight control. Management also reaffirmed its commitment to improving margins with a target EBITDA of more than 12.5% . Key growth levers include new product launches, global market expansion, and a push to 'premiumise' its portfolio. The company is investing heavily in research and development and expanding its manufacturing footprint with greenfield facilities in Pune and Noida dedicated to die casting and instrument clusters. EV solutions form the cornerstone of Minda's strategy. Its recent acquisition of a 49% stake in Flash Electronics gives it a foothold in the fast-growing EV powertrain components space. The company plans to accelerate its presence in motors, controllers, chargers, wiring harnesses, and other next-generation offerings through technical collaborations and joint ventures. Exports are projected to soar from Rs 420 crore in FY25 to more than Rs 1,500 crore by FY30, implying a compounded annual growth rate of 37%. To support this expansion, the company has lined up Rs 2,000 crore in capital expenditure over the next five years for technology upgrades, capacity expansion, and product diversification, including partnerships with global players in areas like sunroof systems and switches. Minda is also aligning itself with emerging mobility trends such as advanced driver-assistance systems (ADAS), connected cars, circular economy practices, lightweighting, and digital instrument clusters. By FY30, the company envisions itself as an innovative and profitable global automotive solutions provider, balancing growth with sustainability while strengthening its position as a preferred supplier to both Indian and international automakers. Minda Corporation is one of the leading automotive component manufacturing companies in India with a pan-India presence and significant international footprint. The company has a diversified product portfolio that encompasses mechatronics, information and connected systems and plastic and interior for auto OEMs. These products cater to 2/3 wheelers, passenger vehicles, commercial vehicles, off-roaders and after-market. The company has a diversified customer base including Indian and global original equipment manufacturers and Tier-1 customers. The company's consolidated net profit edged up 1.7% year-on-year to Rs 65 crore in Q1 FY26 from Rs 64 crore in the same quarter last year. Operating revenue rose 16.2% year-on-year to Rs 1,386 crore from Rs 1,192 crore. Powered by Capital Market - Live

Minda Corporation has redeemed commercial paper of Rs 100 crore on 12 September 2025. Powered by Capital Market - Live

Minda Corporation has redeemed commercial paper of Rs 100 crore on 09 September 2025. Powered by Capital Market - Live

Consolidated net profit edged up 1.7% year-on-year to Rs 65 crore in Q1 FY26 from Rs 64 crore in the same quarter last year. Sequentially, net profit jumped 25.5% from Rs 52 crore in Q4 FY25. Operating revenue rose 16.2% year-on-year to Rs 1,386 crore from Rs 1,192 crore, and was up 4.9% compared with Rs 1,321 crore in the March quarter. Profit before tax stood at Rs 71 crore in Q1 FY26, up 9% from Q4 FY25 but down 16.2% year-on-year. EBITDA came in at Rs 156 crore, a growth of 18.6% year-on-year and 2.2% sequentially. EBITDA margin stood at 11.3% in Q1 FY26, compared with 11.1% a year ago and 11.6% in the preceding quarter. Ashok Minda, chairman and Group CEO said, The first quarter of FY26 witnessed a strong performance, supported by resilient demand across key vehicle segments. Leveraging our focus on operational excellence, technology integration, and customer-centric initiatives, we continued to strengthen our market position. As we progress through the year, we remain focused on expanding our market reach, enhancing exports, and delivering sustainable value to our stakeholders through consistent execution and strategic initiatives. Minda Corporation entered into an agreement with Toyodenso to establish a joint venture company in India for manufacturing and selling of advanced automotive switches. The partnership will provide end-to end solutions for automotive switches across two-wheelers, passenger cars and other automotive segments in the Indian market. Minda Corporation will hold the majority stake in the newly formed venture, with an investment in the agreed shareholding ratio of 60:40. The new joint venture has already received orders from customers in India. This greenfield plant will be set up in Noida, Uttar Pradesh and is expected to commence operations by 2nd half of FY 2026-27. Minda Corporation also collaborated with Qualcomm to co-develop smart cockpit solutions. As part of this collaboration, Minda Corporation is designing a next-generation cockpit platform powered by the Snapdragon Cockpit Platform from Qualcomm Technologies. Minda Corporation is among India's leading automotive component manufacturers with a diversified product portfolio spanning mechatronics, information and connected systems, and plastic and interior solutions for auto OEMs. Its products cater to two- and three-wheelers, passenger vehicles, commercial vehicles, off-roaders and the aftermarket, with a wide customer base of Indian and global OEMs as well as Tier-1 clients. Powered by Capital Market - Live

Net profit of Minda Corporation rose 1.73% to Rs 65.31 crore in the quarter ended June 2025 as against Rs 64.20 crore during the previous quarter ended June 2024. Sales rose 16.23% to Rs 1385.88 crore in the quarter ended June 2025 as against Rs 1192.39 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1385.881192.39 16 OPM %11.2811.05 - PBDT126.78130.36 -3 PBT70.7384.44 -16 NP65.3164.20 2 Powered by Capital Market - Live

Net profit of Minda Corporation declined 18.93% to Rs 41.83 crore in the quarter ended June 2025 as against Rs 51.60 crore during the previous quarter ended June 2024. Sales rose 17.33% to Rs 1134.55 crore in the quarter ended June 2025 as against Rs 966.98 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1134.55966.98 17 OPM %10.9311.21 - PBDT101.14107.57 -6 PBT54.0269.53 -22 NP41.8351.60 -19 Powered by Capital Market - Live

Minda Corporation will hold a meeting of the Board of Directors of the Company on 12 August 2025.Powered by Capital Market - Live