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Minda Corporation Ltd (MINDACORP) Share Price & Fundamentals

SegmentOfferingsAdvantages / MoatCustomersHigh-Margin AreasRevenue (₹ Cr.)Revenue %How We EarnPricing ModelGrowth DriversTop Brands
Mechatronics and AftermarketIgnition switches, immobilizers, latches, control cables, filters, wiper blades, clutch plates, brake shoesPatented technologies, strong OEM relationships, extensive aftermarket presenceOEMs and replacement market; B2B and B2CImmobilizers, electric steering column locks, passive entry systems150030OEM component sales and aftermarket replacement partsDirect sales and long-term supply contractsIncreasing vehicle security needs, aftermarket demand, and product premiumizationSpark Minda Vehicle Access, Aftermarket Components
Information and Connected SystemsInstrument clusters, wiring harnesses, connected vehicle systemsProprietary R&D centers, engineering capability, JV with Flash Electronics for powertrain integrationTwo- and four-wheeler OEMs; B2BInstrument clusters, advanced telematics units160032Platform supply for OEMs and long-term service contractsSubscription and project-based salesDigitalization of vehicles, rise in connected mobility demandMinda Digital Clusters, Telematics
Die Casting and PlasticsAluminum and zinc die cast parts, plastic molded and painted interiorsIn-house die casting and finishing facilities, technology from European acquisitionsOEMs in India and exports; B2BPrecision die cast parts, painted plastic components130025Supply contracts to OEMs and Tier 1 suppliersLong-term OEM contractsLightweighting trends, vehicle interior upgrades, export demandMinda Die Casting Parts, Interior Plastic Components

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