Minda Corporation posts record quarterly revenue of ₹1,704 cr
Profit more than doubled in Q4 as consolidated full-year revenue hit ₹6,185 cr.
— 2 earlier stories on Minda Corporation Ltd. →What's new with Minda Corporation Ltd.
- Q4 revenue climbed 29% to a record ₹1,704 cr.
- Operating margins widened by 37 bps to 11.9%.
- Board recommended a final dividend of ₹0.80 per share.
Why this matters for Minda Corporation Ltd.
The company is hitting new highs, but the result was widely anticipated by the market. Growth of this magnitude is the current baseline, and the firm will need to maintain this pace to justify its recent performance trajectory.
What we're watching
- Whether margins can remain above 11.9% in the coming quarters.
- The sustainability of the current 22.3% annual revenue growth rate.
- Dividend consistency as the payout reaches 70% of face value.
The full read
Minda Corporation closed the fiscal year with record-breaking momentum. Q4 revenue hit ₹1,704 crore, a 29% increase that pushed full-year revenue to ₹6,185 crore. The bottom line grew even faster. Quarterly net profit jumped 138% to ₹124 crore, while annual profit climbed 40.3% to ₹358 crore. Operating margins improved by 37 basis points to reach 11.9% as the company saw EBITDA climb 33% to ₹203 crore for the quarter. The board responded to the record performance by declaring a final dividend of ₹0.80 per share, bringing the total annual payout to 70% of the face value. These numbers are high, but they were already baked into expectations. The challenge for Minda is no longer proving it can grow, but sustaining these margins in an environment where investors have already priced in the success.