Minda Corporation Share Price Jumps Over 10% as Company Unveils Vision 2030 Growth Roadmap

Market Performance

Minda Corporation share price surged sharply in early trade on Wednesday, rising more than 10% to ₹588.35 on the BSE. The sudden rally came after the company revealed its ambitious long-term growth plan, “Vision 2030.”

The stock has shown strong momentum over different timeframes:

• Up 15% in the past one month
  
  
• Up 8% in the last six months
  
  
• 13% gains on a year-to-date (YTD) basis
  
  
• Down 2% over the past year
  
  
• A massive 172% rise in three years
  
  
• Multibagger returns of nearly 750% in the last five years
  
  

This performance highlights how the company has steadily created wealth for its shareholders over time.

Vision 2030: Key Highlights

The company is steering itself towards a much larger scale by FY30. Here’s a snapshot of its growth roadmap:

• Revenue Growth: From ₹5,056 crore in FY25 to over ₹17,500 crore in FY30 – nearly a 3x jump.
  
  
• EBITDA Margin: Expected improvement from 11.4% in FY25 to 12.5% by FY30.
  
  
• Net Debt Position: Debt-to-equity ratio targeted to reduce from 0.6x in FY25 to 0.3x in FY30.
  
  
• RoCE (Return on Capital Employed): To rise from 20% in FY25 to over 25% in FY30.
  
  

Company Details

Minda Corporation is undergoing a significant transformation — from being seen as a traditional auto component manufacturer to evolving into a systems solutions provider.

To support this shift, the company has lined up major investments:

• Capex of around ₹2,000 crore over the next five years.
  
  
• Two greenfield die-casting facilities already planned.
  
  
• One new greenfield plant for Instrument Clusters.
  
  
• Strategic land acquisitions for future expansion.
  
  

This expansion is being backed by:

• A three-fold increase in R&D spending over the last four years.
  
  
• A growing intellectual property portfolio.
  
  
• Building EV-ready capabilities to align with future mobility trends.
  
  

The company is also strengthening its global engagement with OEMs across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and the aftermarket.

Summary

Minda Corporation share price saw a sharp 10% surge after the company rolled out its ambitious Vision 2030 roadmap. With plans to triple revenue, improve profitability, reduce debt, and expand its manufacturing base, the company is aiming for a stronger position in the rapidly evolving auto industry.

Over the last five years, the stock has delivered multibagger returns of 750%, underlining the strong investor interest it has attracted. As Minda Corporation moves ahead with aggressive investments and capacity expansion, it is positioning itself as a key player in the auto component and EV solutions space.