MINDA CORPORATION LTD

During the Q1 FY27 earnings conference call held on August 13, 2026, management reported that Minda Corporation Limited achieved its highest ever quarterly revenue of INR 1,846 crores, reflecting a 33.2% year-on-year growth. The company also reported an EBITDA of INR 212 crores, with a margin of 11.5%, and a PAT of INR 206 crores, marking a 216% increase year-on-year. Management highlighted strong performance in the automotive industry, with overall production growth of 22% year-on-year, driven by demand across various vehicle segments. The company emphasized its focus on growth pillars, including increasing market share, new customer acquisition, and investments in R&D. Additionally, management noted challenges from rising input costs and supply chain disruptions but expressed confidence in maintaining operational efficiency. The integration of Minda VAST was mentioned as a strategic move to enhance the passenger vehicle segment.

Management highlighted strong financial performance and growth initiatives despite industry challenges.