Minda Corporation Forecast | Price, Price Target & Analyst Assessment

Minda Corporation

NSEI:MINDACORP

Rp 543,95

Rp0,00 (0,00%)

543,95 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Minda Corporation Stock Value

The current analyst recommendation for NSEI:MINDACORP is: Buy.

Buy

Minda Corporation Company Info

EPS Growth 5Y

20,52%

Market Cap

Rp128,00 B

Long-Term Debt

Rp4,21 B

Annual earnings

05/19/2026 (E)

Dividend

Rp1,41

Dividend Yield

0,26%

Founded

1958

Industry

Industrials

Country

India

Website

Minda Corporation

ISIN Number

INE842C01021

Website

http://www.sparkminda.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp675,00

24.09%

Last Update: 03/28/2026

Analysts: 6

Highest Price Target Rp775,00

Average Price Target Rp675,00

Lowest Price Target Rp649,00

In the last five quarters, Minda Corporation’s Price Target has risen from Rp288,04 to Rp357,75 - a 24,20% increase. Three analysts predict that Minda Corporation’s share price will increase in the coming year, reaching Rp675,00. This would represent an increase of 24,09%.

Top growth stocks in the industrials sector (5Y.)

What does Minda Corporation do?

Minda Corporation Limited is a prominent player in manufacturing automotive components, primarily focused on serving original equipment manufacturers (OEMs) and Tier-1 customers. The company’s operations are integral to the automotive supply chain by providing a wide array of products, notably lock kits, wiring harnesses, and alternators, which account for a significant portion of its turnover. It operates both in the domestic Indian market and on international platforms, boasting a robust deale...

Business Segments

The company predominantly operates under the automotive components segment, a field characterized by rapid advancements and an increasing emphasis on technology integration. The company’s primary business activities revolve around manufacturing a diverse range of automotive components. Within this segment, the major sub-categories of products include but are not limited to, lock kits and lock sets for automobiles, wiring harnesses and components, as well as starter motors and alternators. This concentration on automotive components enables the company to serve a range of customers from the OEMs to the aftermarket segment effectively.

The company’s commitment to innovation is showcased through its focus on quality and adherence to various industrial standards. The company operates manufacturing plants across multiple locations, thus ensuring a widespread reach in both national and international markets. The 20 national plants signify the company’s extensive domestic operations while two international offices indicate a strategic approach to global market penetration.

Moreover, the growing importance of non-ferrous metal casting further enhances the production capability and diversity of the company’s offerings.

In terms of workforce, the company values its employees and places emphasis on training and skill development, which is reflected in the regular workshops and awareness programs covering various principles, including goal management and workplace safety. This strategic investment in human capital is essential for maintaining operational efficiency and fostering a culture of excellence.

By synergizing advanced technology with human capabilities, the company maintains a competitive edge in automotive manufacturing.

Business Strategy

The company’s strategic direction revolves around growth and innovation in its core automotive components business. The company aims to enhance its market presence through research, development, and the adoption of leading-edge manufacturing techniques. This strategy enables the company to align its product offerings with evolving market demands, ensuring relevance and competitiveness within the automotive industry.

Collaboration with key stakeholders, such as OEMs and suppliers, is integral to the company’s strategy. By facilitating close cooperation and communication with partners, it can optimize supply chains and develop tailored solutions that meet specific client requirements. This business-to-business model strengthens relationships and fosters long-term partnerships, which are crucial in an interconnected market environment.

Continual investment in technology and innovation is another cornerstone of the company’s strategy. The company remains committed to enhancing its manufacturing processes through the implementation of automated systems and advanced production lines. Such investments not only improve efficiency but also facilitate scalability, enabling the company to respond swiftly to fluctuations in demand and market conditions.

Furthermore, the company is focused on sustainability and environmentally responsible practices. Its approach includes minimizing waste and ensuring the responsible sourcing of materials, thus addressing modern consumer expectations and regulatory demands. Innovating around eco-friendly technologies is seen as pivotal to engaging a growing demographic that values sustainability in automotive solutions.

Products and Services

The company has carved a niche in the automotive components industry by offering a robust line of products that cater to a variety of automotive applications. The primary products include lock kits and lock sets for automobiles, wiring harnesses and components, and starter motors and alternators.

Lock Kits and Lock Sets

These products serve a critical function in vehicle security, contributing to overall safety and consumer confidence. The company designs and manufactures a range of lock systems tailored to meet the specific needs of different vehicle models.

Wiring Harnesses and Components

Recognizing the growing complexity in vehicle electronic systems, the company offers sophisticated wiring harnesses that integrate various electrical systems within vehicles. The emphasis here is on reliability, ensuring effective performance of the automotive electrical system.

Starter Motors and Alternators

These components are vital for the proper starting and charging systems in vehicles. The company specializes in producing high-quality starter motors and alternators that enhance the overall performance of automotive engines.

In addition to these core offerings, the company also operates in casting of non-ferrous metals, which provides a versatile production capability and broadens its market appeal. This diverse product portfolio not only fulfills existing market needs but also positions the company for future expansions and innovation in the automotive sector.

Geographical Markets Served

The company operates on a national scale throughout India, reaching out to 35 states and union territories while also maintaining a global presence in 23 international markets.

Customers, Categories and Number of customers served

The company serves a diverse clientele that includes numerous original equipment manufacturers (OEMs) and other Tier-1 suppliers in the automotive sector. The diversified customer base is a testament to the company’s capability to produce high-quality components tailored to specific client requirements. Additionally, the company has a strong presence in the Indian aftermarket segment supported by a network of over 700 dealers, expanding its reach to individual consumers seeking reliable automotive components.

Modes of Sales and Marketing

The company adopts a comprehensive approach to sales and marketing, emphasizing both direct sales to OEMs and a robust aftermarket presence. It utilizes a combination of direct engagement and digital marketing strategies to reach its audience effectively. This includes establishing partnerships with key players in the automotive industry and participating in trade shows to promote its product offerings. The marketing strategy aims to showcase the quality and reliability of the company’s components, thereby reinforcing brand loyalty and driving customer engagement.

History

Minda Corporation Limited was formerly known as Minda Switch Auto Pvt. Ltd. The company was founded in 1958. The company was incorporated in 1985.

Minda Corporation Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Automotive components: 70% - Electronic systems: 20% - Other (e.g. security and locking systems): 10% **TOP 3 markets and their percentage shares:** - India: 55% - Europe: 25% - North America: 15% Minda Corporation Limited generates the majority of its revenu...

At which locations are the company’s products manufactured?

**Production Sites of Minda Corporation Limited:** Minda Corporation Limited, a leading company in the automotive components sector, operates multiple production facilities strategically located in India and other countries. In India, the company has plants in various states including Haryana, Mah...

What strategy does Minda Corporation pursue for future growth?

**Revenue Growth:** 18% (2025) **R&D Investments:** 5% of revenue (2025) Minda Corporation Limited pursues a growth strategy that heavily relies on innovation and technological development. The company has increased its investments in research and development to develop new products and enhance...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Aluminum, Copper, Plastic Components **Countries of Origin:** China, Germany, Japan Minda Corporation Limited, a leading provider of automotive components, imports a variety of raw materials to meet their production requirements. Aluminum and copper are essential m...

How strong is the company’s competitive advantage?

**Market share:** 5% (estimated, 2026) **Research and Development (R&D) expenses:** 3% of revenue (2025) **EBITDA margin:** 12% (2025) Minda Corporation Limited has a moderate competitive advantage in the automotive supplier industry. The company benefits from its established market positio...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Estimated around 30-35% (2026) **Insider Purchases/Sales:** No specific current data available (2026) The institutional investor share in Minda Corporation Limited is estimated to be between 30 and 35 percent. This estimate is based on historical data and typical...

What percentage market share does Minda Corporation have?

**Market share of Minda Corporation Limited:** 5% (estimated for 2026) **Top competitors and their market shares:** 1. **Bosch Limited:** 20% 2. **Motherson Sumi Systems Limited:** 15% 3. **Bharat Forge Limited:** 12% 4. **Varroc Engineering Limited:** 10% 5. **Exide Industries Limited:** 8% 6. **M...

Is Minda Corporation stock currently a good investment?

**Revenue Growth:** 10% (2025) **EBITDA Margin:** 14% (2025) **Return on Equity (ROE):** 18% (2025) Minda Corporation Limited recorded a revenue growth of 10% in 2025, indicating strong demand in the automotive supplier industry. The EBITDA margin of 14% shows that the company operates efficiently...

Does Minda Corporation pay a dividend – and how reliable is the payout?

**Dividend yield:** 1.8% (estimated for 2026) **Dividend history:** Regular payouts over the past 5 years Minda Corporation Limited has regularly distributed dividends in recent years, indicating a certain level of reliability. The estimated dividend yield for 2026 is around 1.8%, based on recent...

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Minda Corporation Stock Value

Minda Corporation Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Minda Corporation do?

Minda Corporation Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Minda Corporation Stock Value

Minda Corporation Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Minda Corporation do?

Minda Corporation Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.