Minda Corporation's Q1 FY 2026-27 Quarterly Results

Result Summary

• Minda Corporation Ltd reported a 8.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 33.0%.
• Its expenses for the quarter were up by 9.2% QoQ and 31.6% YoY.
• The net profit increased 66.3% QoQ and increased 215.8% YoY.
• The earnings per share (EPS) of Minda Corporation Ltd stood at 8.62 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Minda Corporation Ltd, a part of the Spark Minda Group, is a leading manufacturer of automotive components and systems, serving both the Original Equipment Manufacturer (OEM) and aftermarket segments. The company operates in the automotive industry, providing a range of products including electronic and mechanical security systems, driver information and telematics systems, plastic interiors, and die-casting products. Minda Corporation is known for its diversified product portfolio and strong presence in both the domestic and international markets. While specific recent developments are not available from the provided data, the company is recognized for its continuous innovation and commitment to quality, which drive its growth and competitive edge in the industry.

Revenue

In Q1FY27, Minda Corporation Ltd reported a total income of ₹1847.93 crores, marking an 8.1% quarter-over-quarter (QoQ) increase from ₹1709.43 crores recorded in Q4FY26. The year-over-year (YoY) growth rate for total income was a significant 33.0%, comparing Q1FY27 with ₹1389.17 crores in Q1FY26. This growth reflects the company's ability to enhance its revenue streams over the past year. The revenue figures underscore the company's ongoing expansion and potential market demand for its products and services.

Profitability

Minda Corporation Ltd's profitability showed remarkable improvement in Q1FY27. The profit before tax was ₹236.97 crores, which is a 92.0% increase QoQ from ₹123.43 crores in Q4FY26, and a 235.0% increase YoY from ₹70.73 crores in Q1FY26. Profit after tax for Q1FY27 was ₹206.25 crores, up by 66.3% QoQ from ₹124.00 crores in Q4FY26, and up by 215.8% YoY from ₹65.31 crores in Q1FY26. The company's earnings per share (EPS) also rose to ₹8.62 in Q1FY27, from ₹5.21 in Q4FY26, representing a 65.5% QoQ growth, and from ₹2.73 in Q1FY26, indicating a 215.8% YoY increase. These figures exhibit substantial profitability enhancements over the periods analyzed.

Operating Metrics

In Q1FY27, Minda Corporation Ltd reported total expenses of ₹1734.95 crores, reflecting a 9.2% QoQ increase from ₹1588.68 crores in Q4FY26, and a 31.6% YoY rise from ₹1318.44 crores in Q1FY26. The tax outlay for Q1FY27 was ₹48.59 crores, up by 57.2% QoQ from ₹30.90 crores in Q4FY26, and 161.8% YoY from ₹18.56 crores in Q1FY26. These operating metrics indicate the company's cost structure and tax implications within the given periods. While specific ratios such as P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data, the available figures illustrate the expense dynamics relative to revenue and profitability changes.