Minda Corporation MINDACORP
Electric 4-Wheeler: Auto electronics and components incl. EV-specific sensors, controllers and switches
Mapped in 2 themes: Electric 4-Wheeler and Electronic Components (ECMS).
Where Minda Corporation sits in the supply chain
Minda Corporation appears in 2 supply-chain layers across 2 themes: Electric 4-Wheeler and Electronic Components (ECMS).
Electric 4-Wheeler › Power electronics
Direct supplierAuto electronics and components incl. EV-specific sensors, controllers and switches
Other companies in this layer
Electronic Components (ECMS) › Display modules
Emerging entrantSpark Minda group auto-electronics supplier whose subsidiary Minda Instruments makes instrument clusters and is adding TFT display modules
Other companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 4,651 | 5,056 | 6,185 |
| Net profit | 227 | 255 | 358 |
Latest-year revenue ₹6,185 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in Electric 4-Wheeler
- Broad auto-electronics portfolio gives a wide base to cross-sell EV-specific sensors, controllers and switches
Risks · in Electric 4-Wheeler
- EV-specific sensors/controllers are included within a much broader auto-electronics and components business, not separately disclosed
Common questions
What does Minda Corporation do?
In Electric 4-Wheeler: Auto electronics and components incl. EV-specific sensors, controllers and switches. NextResearch maps it in 2 supply chains: Electric 4-Wheeler and Electronic Components (ECMS).
Where does Minda Corporation sit in the supply chain?
Minda Corporation (NSE: MINDACORP) is mapped in 2 supply-chain layers: Power electronics (Electric 4-Wheeler) and Display modules (Electronic Components (ECMS)).
Who are Minda Corporation's peers?
In the Power electronics layer of Electric 4-Wheeler: UNO Minda and Vecmocon Technologies (not NSE-listed).
What is Minda Corporation's market cap and valuation?
As of 30 Oct 2026: market cap ₹15,074 Cr, P/E 37.4x, ROCE 12.7%, ROE 14.7%, dividend yield 0.22%.