Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
4,481.53
3,734.96
3,436.16
3,225.59
2,028.18
1,573.86
1,686.19
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
4,481.53
3,734.96
3,436.16
3,225.59
2,028.18
1,573.86
1,686.19
Raw Material Cost
2,773.90
2,262.32
2,098.50
1,979.40
1,167.51
930.77
959.51
Purchase of Finished goods
77.98
75.83
90.59
143.77
99.61
77.87
54.08
(Increase) / Decrease In Stocks
-53.67
-7.36
-30.85
-16.37
1.63
-17.83
6.51
Employee Cost
703.09
580.36
549.12
458.28
342.68
264.20
260.67
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
462.51
401.89
352.96
315.95
229.93
190.80
198.98
Total Expenditure (Excl Depreciation)
3,963.81
3,313.04
3,060.32
2,881.03
1,841.36
1,445.81
1,479.75
Operating Profit (PBDIT) excl Other Income
517.72
421.92
375.84
344.56
186.82
128.05
206.44
Other Income
9.61
29.08
5.94
13.39
19.60
25.99
26.47
Operating Profit (PBDIT)
527.33
451.00
381.78
357.95
206.42
154.04
232.91
Interest
92.35
32.74
43.38
28.87
23.46
28.20
27.92
Exceptional Items
-4.10
0.00
0.00
0.00
32.74
0.00
0.00
Gross Profit (PBDT)
430.88
418.26
338.40
329.08
215.70
125.84
204.99
Depreciation
170.84
147.50
122.17
99.50
79.14
69.48
64.45
Profit Before Tax
260.04
270.76
216.23
229.58
136.56
56.36
140.54
Tax
75.43
73.29
60.58
59.14
27.62
15.58
32.35
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
184.61
197.47
155.65
170.44
108.94
40.78
108.19
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.94
-18.71
Net Profit
184.61
197.47
155.65
170.44
108.94
41.72
89.48
Share in Profit of Associates
49.61
5.87
0.82
-7.88
7.08
-1.82
10.46
Minority Interest
-1.43
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
235.65
203.34
156.47
162.56
116.02
39.90
99.94
Equity Capital
47.82
47.82
47.82
47.82
47.82
47.70
45.29
Face Value
2.0
2.0
2.0
2.0
2.0
2.0
2.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
3.58
2.71
2.19
2.22
1.55
2.15
1.96
Operating Profit Margin (Excl OI)
11.55%
11.3%
10.94%
10.68%
9.21%
8.14%
12.24%
Gross Profit Margin
9.61%
11.2%
9.85%
10.2%
10.64%
8.0%
12.16%
PAT Margin
4.12%
5.29%
4.53%
5.28%
5.37%
2.59%
6.42%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is 19.99% vs 8.70% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is 15.89% vs 29.95% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is 22.71% vs 12.26% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is 182.07% vs -24.53% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024
Compare Nine Monthly Results Of Minda Corp With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
4,481.53
3,457.34
1,024.19
29.62%
Other Operating Income
0.00
0.00
0.00
Total Operating income
4,481.53
3,457.34
1,024.19
29.62%
Raw Material Cost
2,773.90
2,512.77
261.13
10.39%
Purchase of Finished goods
77.98
34.96
43.02
123.05%
(Increase) / Decrease In Stocks
-53.67
-2.82
-50.85
-1,803.19%
Employee Cost
703.09
221.42
481.67
217.54%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
462.51
366.02
96.49
26.36%
Total Expenditure (Excl Depreciation)
3,963.81
3,132.35
831.46
26.54%
Operating Profit (PBDIT) excl Other Income
517.72
324.99
192.73
59.30%
Other Income
9.61
17.10
-7.49
-43.80%
Operating Profit (PBDIT)
527.33
342.09
185.24
54.15%
Interest
92.35
8.89
83.46
938.81%
Exceptional Items
-4.10
-13.32
9.22
69.22%
Gross Profit (PBDT)
430.88
319.88
111.00
34.70%
Depreciation
170.84
75.53
95.31
126.19%
Profit Before Tax
260.04
244.36
15.68
6.42%
Tax
75.43
58.70
16.73
28.50%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
184.61
185.67
-1.06
-0.57%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
184.61
185.67
-1.06
-0.57%
Share in Profit of Associates
49.61
0.00
49.61
Minority Interest
-1.43
0.00
-1.43
Other related items
0.00
0.00
0.00
Consolidated Net Profit
235.65
185.67
49.98
26.92%
Equity Capital
47.82
14.36
33.46
233.01%
Face Value
2.00
1.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
9.61%
9.25%
0.00
0.36%
PAT Margin
4.12%
5.37%
0.00
-1.25%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 4,481.53 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 19.99% vs 8.70% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 235.65 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 15.89% vs 29.95% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 517.72 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 22.71% vs 12.26% in Dec 2024
Nine Monthly - Interest
Interest 92.35 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 182.07% vs -24.53% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 11.55%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024






