Minda Corporation presented its growth strategy at an investor meet on September 23, 2025, outlining its focus on expanding in the automotive industry. The presentation highlighted the company’s diversified product range, strategic partnerships, and strong financial performance. Key priorities include increasing exports, premiumization of existing products, and investments in R&D, targeting a revenue of ₹17,500 Cr+ by FY30.
Industry Overview
The presentation began with an overview of the global and Indian automotive industry, noting strong recovery and growth tailwinds. The Indian automotive industry is projected to reach a market size of $6,861 Bn by 2033. Electric vehicles are expected to drive significant content increases per vehicle.
Company Overview
Minda Corporation is a significant player in the global automotive industry, with over six decades of experience. Key highlights include a consolidated revenue of ₹5,056 Cr for FY25 and a global manufacturing footprint of 32 plants. The company has a diverse product range that includes vehicle access systems, electrical distribution, and EV-related components.
Flash Electronics Integration
The acquisition of a 49% stake in Flash Electronics was highlighted as a key strategic move, expanding Minda Corporation’s EV platform. Flash Electronics reported revenue of Rs. 1,537 Crs in FY25.
Financial Performance
The company showcased strong financial performance over the last 5 years, including significant revenue growth and improved profitability. Strategies include a focus on deleveraging, with net debt targeted to reduce to 0.3x, and a plan to release cash of approximately Rs. 1000 crores.
Vision & Future Roadmap
Minda Corporation outlined its vision for 2030, targeting a revenue of Rs. 17,500 Cr+ and a return on capital employed (ROCE) exceeding 25%. This will be achieved through investment in existing businesses, new market expansion, product premiumization, and a strong focus on R&D.
Strategic Priorities
Key strategic priorities to deliver strong growth include:
- Investment in existing business
- New market export focus
- Premiumization of existing products
- Investment in R&D
- New product launch
Source: BSE
