Minda Corporation Limited (NSE:MINDACORP)
India flag India · Delayed Price · Currency is INR
652.95
+2.05 (0.31%)
Jun 19, 2026, 3:29 PM IST

Minda Corporation Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Minda Corporation stock has a consensus rating of "Strong Buy" and an average price target of ₹732.25. The average 1-year stock price forecast is 12.14% higher than the current stock price, while the lowest is ₹675.00 (+3.38%) and the highest is ₹841.00 (+28.80%).

Price Target: ₹732.25 (+12.14%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price₹675.00₹732.25₹700.00₹841.00
Change+3.38%+12.14%+7.21%+28.80%

Analyst Ratings

The average analyst rating for Minda Corporation stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy333446
Buy122222
Hold100000
Sell000000
Strong Sell000000
Total555668

Financial Forecast

Revenue This Year
72.79B
from 61.85B
Increased by 17.68%
Revenue Next Year
84.34B
from 72.79B
Increased by 15.87%
EPS This Year
17.58
from 15.11
Increased by 16.32%
EPS Next Year
22.28
from 17.58
Increased by 26.75%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
29.76B43.00B46.51B50.56B61.85B72.79B
Revenue Growth
25.68%44.50%8.16%8.71%22.33%17.68%
Gross Profit
10.64B14.77B16.78B18.51B22.86B26.97B
Gross Margin
35.74%34.34%36.07%36.62%36.95%37.06%
Operating Income
1.86B3.30B3.52B3.72B4.92B5.74B
Net Income
1.92B2.85B2.27B2.55B3.60B4.45B
EPS
----15.1117.58
EPS Growth
----41.51%16.32%
Forward PE
22.3517.6533.3237.0029.6237.14
Dividend / Share
1.001.201.401.401.401.83
Dividend Growth
-20.00%16.67%--30.95%
Free Cash Flow
-776.63M431.88M249.75M1.21B780.08M2.64B
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High76.1B
Avg72.8B
Low68.6B

Revenue Growth

Revenue Growth202720282029
High
23.0%
Avg
17.7%
Low
11.0%

EPS Forecast

EPS202720282029
High19.20
Avg17.58
Low16.00

EPS Growth

EPS Growth202720282029
High
27.0%
Avg
16.3%
Low
5.9%