Minda Corporation has demonstrated strong financial performance, with FY25 consolidated revenue at ₹5,056 Cr.

The company has seen revenue, EBITDA, and profit after tax grow over 20% CAGR in the last five years, with EBITDA margins hitting 11.4% in FY25. A significant recent development is the acquisition of a 49% stake in Flash Electronics, strengthening its EV components portfolio, which made up 23% of Flash's FY25 revenue of Rs. 1,537 Cr.

Key growth drivers include India's expanding automotive market, government support for EVs, and global electrification trends.

Minda targets 3.5x revenue growth to over ₹17,500 Cr by FY30, aiming for 13%+ EBITDA margins and a near debt-free balance sheet (0.3x Debt-Equity). Strategic focus areas include launching new products like sunroofs and advanced EV parts through joint ventures, boosting exports to Rs. 1,500 Cr by FY30, and investing Rs. 2,000 Cr in capex over five years for capacity expansion and advanced R&D in intelligent mobility solutions.