Minda Corporation has announced its strongest financial results to date for the fiscal year ending March 31, 2026. The company achieved a consolidated annual revenue of Rs. 6,185 crore, marking a 22.3% year-on-year growth. Operating profit reached Rs. 721 crore, with an EBITDA margin of 11.7%. This robust performance is driven by a strong product portfolio, increased focus on premiumization, and strategic global partnerships aimed at advancing the company’s position in the electric vehicle sector.
Record-Breaking Financial Growth
Minda Corporation concluded FY2026 on a high note, posting its highest-ever consolidated revenue of Rs. 6,185 crore. This represents a solid 22.3% growth compared to the previous year. The company’s focus on operational efficiency and market expansion was reflected in its annual EBITDA of Rs. 721 crore, achieving an 11.7% margin, a 29 basis points (bps) improvement over the prior year. Annual Profit After Tax (PAT) climbed to Rs. 358 crore, reflecting a 40.3% year-on-year increase.
Q4 Performance Highlights
The final quarter (Jan-Mar 2026) mirrored the company’s annual success, with quarterly revenue reaching Rs. 1,704 crore, a significant 29.0% increase compared to the same period last year. Quarterly EBITDA rose to Rs. 203 crore with a margin of 11.9%, while PAT for the quarter stood at Rs. 124 crore, showcasing a 138.3% growth over Q4 of the previous fiscal year.
Strategic Global Expansion
During the fiscal year, Minda Corporation bolstered its technological capabilities through key international collaborations. The company established a joint venture with Toyodenso Co., Ltd., Japan, to manufacture and supply advanced automotive switches. Additionally, a partnership with Turntide Technologies, UK, was signed to develop next-generation powertrain solutions for the growing electric vehicle industry, aligning with the national ‘Make in India’ initiative.
Shareholder Returns
In light of these strong financial results, the Board of Directors has recommended a final dividend of 40%, equivalent to Rs. 0.80 per equity share. This brings the total dividend payout for the year to 70%, or Rs. 1.40 per equity share, reflecting the company’s commitment to delivering long-term value to its shareholders.
Source: BSE
