NSEPress Release13 Aug 2026 · 13 Aug 2026, 01:50 pm
Press Release
Minda Corporation Limited · MINDACORP
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Minda Corporation Limited has announced its financial results for Q1 FY2027, reporting a 33.2% YoY growth in consolidated revenue to Rs. 1,846 Crore, with an EBITDA margin of 11.5% and PAT margin of 11.2%.
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Minda Corporation Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "the company has announced press release for Financial Results for Q1FY27".
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August 13, 2026
The Officer-In-Charge Head - Listing
(Listing) Listing Department Operations, BSE Limited,
National Stock Exchange of India P.J. Towers, Dalal Street,
Ltd., Exchange Plaza, Bandra Kurla Fort, Mumbai – 400 001
Complex, Bandra (East), Scrip Code: 538962
Mumbai - 400 051
Scrip Code: MINDACORP
Sub: Press Release on Financial Results for Q1 ended on June 30, 2026
Dear Sir,
Please find enclosed herewith Press Release on Financial Results for Q1 ended on June 30,
2026.
Thanking you,
Yours faithfully,
For Minda Corporation Limited
Pardeep Mann
Company Secretary
Membership No. A13371
Enclose as above:
Minda Corporation has delivered its highest ever Consolidated Revenue of Rs. 1,846 Crore,
Registering 33.2 % growth with an Operating Margin of 11.5%
Delhi/NCR, August 13, 2026: Minda Corporation Limited ('Minda Corp' or the 'Company'; NSE: MINDACORP, BSE:
538962), the flagship company of Spark Minda, announced its financial results for the quarter ended June 30, 2026.
Consolidated Q1 FY2027 Performance
Performance highlights:
• Consolidated Revenue of Rs. 1,846 Crore, a growth of 33.2% YoY
• EBITDA of Rs. 212 Crore, with an EBITDA Margin of 11.5%, up 19 bps YoY
• PAT of Rs. 206 Crore, with a PAT margin of 11.2%
Minda Corporation reported quarterly revenue of Rs. 1,846 Crore, registering a 33.2% YoY growth, supported by
continued demand across its product portfolio, customer additions and focus on premium products. During the
quarter, the Company reported EBITDA of Rs. 212 Crore with an EBITDA margin of 11.5%. Profit Before Tax (PBT)
stood at Rs. 237 Crore with a margin of 12.8%, while Profit After Tax (PAT) was Rs. 206 Crore with a margin of 11.2%.
The Company's operational performance during the quarter reflected its continued focus on execution, product
innovation and strengthening its position across key automotive segments.
On the technology front, we continue to make progress in strengthening our capabilities through strategic
partnerships and new product programmes. During the quarter, Minda Corporation invested Rs. 63 Crore in its
group companies, Spark Minda Green Mobility Systems Private Limited, Minda HCMF Technologies Private Limited
and Spark Minda – Toyodenso India Private Limited to support its business expansion.
The Company is also moving ahead with the consolidation of Minda VAST into Minda Corporation from Q1’FY27,
strengthening its presence in the passenger vehicle segment and expanding its vehicle access systems portfolio
across locksets, latches, handles, immobilizers, passive entry systems and power access solutions.
Commenting on the results, Mr. Ashok Minda, Chairman and Group CEO said,
“The first quarter of FY27 reflected steady progress in line with our long-term growth strategy, supported by strong
demand across key vehicle segments and continued execution across our businesses. During the quarter, we
strengthened our technology capabilities through strategic partnerships, expanded our order pipeline with new
business wins, and continued to invest in innovation and product development to address the evolving needs of the
automotive industry. As the industry transitions towards smarter, connected and electrified mobility, we remain
focused on operational excellence, technology leadership and creating sustainable value for all our stakeholders.
Looking ahead, Minda Corporation remains focused on expanding its product portfolio, strengthening customer
relationships and increasing its presence across emerging mobility segments. The Company will continue to invest
in technology, product innovation and manufacturing capabilities while maintaining its focus on operational
excellence, premiumization and sustainable long-term growth.
Minda Corporation Limited (CIN: L74899DL1985PLC020401) 1
D-6-11, Sector-59, Noida, Uttar Pradesh – 201301 Tel: +91-120-4442500 Fax : +91-120-4787201
website: www.sparkminda.com Registered Office: A-15, Ashok Vihar, Phase – 1, New Delhi, 110 052 (India)
Financial Highlights:
About Minda Corporation (BSE: 538962; NSE: MINDACORP)
Founded in 1958 by the late Shri Shadi Lal Minda, Spark Minda is one of India’s leading automotive component
manufacturers, serving major OEMs and Tier-1 suppliers across passenger vehicles, commercial vehicles, two-wheelers,
off-road vehicles and the aftermarket. With over six decades of engineering excellence, the Group has evolved into a global
mobility technology company focused on delivering intelligent, connected and sustainable automotive solutions.
Spark Minda operates across 42 manufacturing plants and offices in six countries, including India, Indonesia, Vietnam,
Japan, Uzbekistan and Poland, and has a workforce of over 23,000 professionals. The Group has a strong R&D ecosystem
comprising 1,000+ engineers, two Advanced Spark Minda Technical Centres in Pune and Bengaluru, nine engineering
centres across India, and 11 global technology partnerships.
Its comprehensive portfolio includes vehicle access systems, smart electronics, advanced automotive sensors, instrument
clusters, telematics, wiring harnesses, die-casting solutions, interior plastics, electric vehicle mobility solutions, starter
motors and alternators, among others. Spark Minda continues to invest in advanced engineering, digital technologies and
strategic collaborations, with a focus on electronics, mechatronics, software-defined vehicles, connected mobility, EV
technologies and intelligent safety systems. The Group is also committed to ESG and community development through the
Spark Minda Foundation.
Contact Details:
For further information on Minda Corporation visit www.sparkminda.com
Safe Harbour
This release contains statements that contain “forward looking statements” including, but without limitation, statements relating
to the implementation of strategic initiatives, and other statements relating to Minda Corporation future business developments
and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning
the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and
results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic,
governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological
developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors
that could affect our business and financial performance. Minda Corporation undertakes no obligation to publicly revise any
forward-looking statements to reflect future / likely events or circumstances.
Minda Corporation Limited (CIN: L74899DL1985PLC020401) 2
D-6-11, Sector-59, Noida, Uttar Pradesh – 201301 Tel: +91-120-4442500 Fax : +91-120-4787201
website: www.sparkminda.com Registered Office: A-15, Ashok Vihar, Phase – 1, New Delhi, 110 052 (India)
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Nitesh Jain
Lead Investor Relations
nitesh.jain@mindacorporation.com
+91-9649131472