Minda Corporation Limited — Q4FY26 earnings call summary

Filed 27 May 2026 · Official transcript

Capex guidance for FY27: 400-450 Cr; focus on EV, premiumization, new product launches
Multiple analyst queries on EV product mix, margin outlook, and capacity ramp-up addressed
Q4 FY26 revenue 1704 Cr +29% y-y; EBITDA 203 Cr +33% y-y (margin 11.9%); PAT 124 Cr (margin 7.3%)
FY26 revenue 6185 Cr +22.3% y-y; EBITDA 721 Cr +25.5% y-y (margin +29 bps); PAT 358 Cr +40.3% y-y
Long-term vision: INR 17,500 Cr revenue by FY30 at 12.5% EBITDA margin, targeting ~20% CAGR
Strategic JVs with Turntide and Toyodenso advancing; SOPs expected FY27-FY28
Commodity inflation passed to customers; margin impact controlled via operational levers
R&D spend focused on product and supply chain innovation; 330 patents filed FY26