Minda Corporation

Minda Corporation Net Debt/Equity

The Net Debt to Equity Ratio of Minda Corporation (MINDACORP.NS) as of Oct 22, 2026 is 0.50. In the previous year, Net Debt to Equity Ratio was 0.64 — a change of -21.35% (lower).

Net Debt/Equity

0.50

YoY

-21.35%

Last updated:

Net Debt to Equity Ratio of Minda Corporation is 2026 0.50 . Net Debt to Equity Ratio of Minda Corporation was 2025 0.64 . It decreases by -21.35% lower compared to the previous year.

The Minda Corporation Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2019
0.27 INR
Jan 1, 2020
0.15 INR
Jan 1, 2021
0.04 INR
Jan 1, 2022
0.15 INR
Jan 1, 2023
0.36 INR
Jan 1, 2024
0.04 INR
Jan 1, 2025
0.64 INR
Jan 1, 2026
0.50 INR
The Minda Corporation Net Debt/Equity history
YEARNet Debt/EquityYoY
0.50-21.35%
0.64+1,540.79%
0.04-89.20%
0.36+137.37%
0.15+307.49%
0.04-75.33%
0.15-44.70%
0.27-70.89%
0.94+13.54%
0.83+26.96%
0.65-33.38%
0.98-23.34%
1.28—

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Minda Corporation Stock analysis

What does Minda Corporation do? Minda Corp. Ltd. generates revenue by manufacturing automotive components for original equipment manufacturers (OEMs). Its product portfolio includes mechatronics systems such as ignition switches, keyless entry, and immobilizer-fuel tank caps, along with wiring harnesses, interior plastics, and advanced technologies. The company also produces aftermarket products like helmets, wiper blades, and two-wheeler air filters. These products cater to vehicle segments including two-three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. The firm's mechatronics division focuses on safety and security systems, featuring aluminum die casting, compressor housing, alternator, and starter motor components. Wiring harnesses and interior plastics support vehicle assembly processes. Aftermarket offerings target consumers with helmets, fiber parts, ball bearings, and lubricants for two-wheelers. All products are supplied to automotive OEMs without direct consumer sales. Minda Corp. Ltd. serves the automotive industry by providing specialized components that enhance vehicle safety, functionality, and aftermarket support. Its manufacturing operations focus on delivering integrated solutions for diverse vehicle types, from two-three wheelers to commercial and off-road vehicles, ensuring consistent demand from OEM clients across multiple segments. Minda Corporation is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Minda Corporation stock

Net Debt to Equity Ratio of Minda Corporation is 0.50 in 2026.

Net Debt to Equity Ratio of Minda Corporation changed from 0.64 to 0.50, representing a -21.35% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Minda Corporation since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Minda Corporation with sector peers and the industry average to assess whether it is attractive.

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Leverage — Minda Corporation

All Key Metrics — Minda Corporation