
Minda Corporation Ltd
Fortune 500 2025
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OVERVIEW
FINANCIALS
NEWS
Featured In Fortune India Ranking
Fortune 500 India
#455(2025)
#451(2024)
#443(2023)
#477(2022)
#446(2021)
#390(2020)
#378(2019)
#408(2018)
#341(2017)
#398(2016)
#442(2015)
#399(2013)
#455(2025)#451(2024)#443(2023)#477(2022)#446(2021)#390(2020)#378(2019)#408(2018)#341(2017)#398(2016)#442(2015)#399(2013)
Next 500 India
#26(2015)
#26(2015)
Financial Data 2024
Revenue
4,637
(INR Cr)
Net Operating Income
4,651
(INR Cr)
Assets
2,567
(INR Cr)
Profit
227
(INR Cr)
Net Worth
1,976
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4637 6.8% | 4341 43.8% | 3019 24.4% | 2427 5.6% | 2298 -27.3% | 3162 17.2% | 2698 22.8% | 2197 -11.8% | 2491 24.1% | 2008 23.1% | 1632 -26.1% | 2208 54.7% | 1427 92.3% | 742 37.7% | 539 16.7% | 461 - |
| Net Operating Income (INR Cr) | 4651 8.16% | 4300 44.50% | 2976 25.68% | 2368 6.54% | 2223 -28.12% | 3092 19.22% | 2594 25.91% | 2060 -15.77% | 2446 24.10% | 1971 23.64% | 1594 -26.67% | 2174 56.88% | 1385 87.68% | 738 43.25% | 515 16.98% | 441 146.74% |
| Profit (INR Cr) | 227 -20.1% | 285 48.3% | 192 263.5% | 53 - | -200 - | 169 18.6% | 143 39.8% | 102 -4.8% | 107 19.8% | 90 12.8% | 79 1224.5% | 6 -88.5% | 52 49.5% | 35 81.2% | 19 19.0% | 16 - |
| Assets (INR Cr) | 2567 9.4% | 2347 25.4% | 1872 10.0% | 1702 4.8% | 1624 -14.4% | 1898 27.4% | 1490 24.5% | 1197 -0.1% | 1198 18.2% | 1014 5.8% | 958 6.2% | 903 4.8% | 861 65.3% | 521 64.3% | 317 20.6% | 263 - |
| Net Worth (INR Cr) | 1976 24.6% | 1586 19.7% | 1325 16.1% | 1142 17.7% | 970 -18.5% | 1190 61.7% | 736 18.3% | 622 13.6% | 548 22.6% | 447 20.9% | 370 23.3% | 300 1.6% | 295 15.5% | 255 251.5% | 73 29.3% | 56 62.1% |
| Employee Cost (INR Cr) | 729 16.5% | 626 31.9% | 474 23.9% | 383 7.3% | 357 -30.0% | 509 15.4% | 441 18.8% | 371 -10.8% | 416 23.8% | 337 26.6% | 266 -42.7% | 464 107.0% | 224 135.4% | 95 16.3% | 82 17.9% | 69 - |
| Interest Cost (INR Cr) | 57 | 42 | 32 | 39 | 41 | 51 | 40 | 30 | 37 | 39 | 28 | 42 | 27 | 26 | 13 | 13 |
| Cash & Bank Balance (INR Cr) | 192 | 162 | 333 | 499 | 472 | 353 | 26 | 33 | 88 | 44 | 54 | 58 | 97 | 66 | 23 | 24 |
| Total Debt (INR Cr) | 535 | 713 | 506 | 528 | 620 | 681 | 723 | 549 | 543 | 502 | 552 | 532 | 476 | 246 | 245 | 207 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.9% | 6.6% | 6.4% | 2.2% | - | 5.4% | 5.3% | 4.7% | 4.3% | 4.5% | 4.9% | 0.3% | 3.6% | 4.7% | 3.6% | 3.5% |
| Profit As % Of Assets | 8.9% | 12.1% | 10.3% | 3.1% | - | 8.9% | 9.6% | 8.5% | 9.0% | 8.8% | 8.3% | 0.7% | 6.0% | 6.7% | 6.0% | 6.1% |
| Profit As % Of Networth | 11.5% | 17.9% | 14.5% | 4.6% | - | 14.2% | 19.4% | 16.4% | 19.6% | 20.0% | 21.5% | 2.0% | 17.6% | 13.6% | 26.4% | 28.7% |
| Interest Cost to EBITDA % | 11.1% | 9.1% | 10.8% | 21.6% | - | 17.2% | 14.4% | 15.7% | 16.3% | 21.3% | 22.3% | 40.1% | 22.9% | 30.4% | 38.1% | 42.0% |
| Debt to Equity Ratio | 0.27 | 0.45 | 0.38 | 0.46 | 0.64 | 0.57 | 0.98 | 0.88 | 0.99 | 1.12 | 1.49 | 1.77 | 1.61 | 0.96 | 3.37 | 3.68 |
| RONW | 12.6% | 20.2% | 13.0% | 8.5% | - | 17.6% | 21.0% | 15.6% | 22.1% | 20.5% | 20.2% | 1.8% | 23.1% | 21.2% | 29.8% | 35.5% |
| ROCE | 14.9% | 16.2% | 11.6% | 9.6% | -6.8% | 16.9% | 17.2% | 12.6% | 17.3% | 15.4% | 12.0% | 8.0% | 16.5% | 16.9% | 12.4% | 17.9% |


