{"id":300025,"date":"2026-10-09T18:10:43","date_gmt":"2026-10-09T12:40:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=300025"},"modified":"2026-10-09T18:10:43","modified_gmt":"2026-10-09T12:40:43","slug":"minda-corporation-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/","title":{"rendered":"Minda Corporation Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Minda Corporation share price Rs 636.30 (9 October 2026). Base target Rs 763, bull Rs 913, downside risk Rs 508. PE 30.43. 52W range Rs 468.50 to Rs 769.00.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Minda Corporation share price target for 2027 is Rs 763, about 19.9% above the current price of Rs 636.30. The bull case is Rs 913, and the downside risk level, which is not a target, is Rs 508. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 26.0%, with the stock holding its PE of 30.43. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Minda Corporation target price for 2027 should start with where the stock sits today. At Rs 636.30 on 9 October 2026, it is 17.3% below its 52-week high of Rs 769.00 and 35.8% above its 52-week low of Rs 468.50. That range spans 64% from low to high, so the entry point matters as much as the Minda Corporation price forecast itself.<\/p>\n<p>This article builds the Minda Corporation share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 763 base case and the Rs 913 bull case were reached, along with a downside risk level of Rs 508.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=minda-corporation-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Minda_Corporation_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Minda Corporation Stock Analysis: Company Overview and Key Stats\">Minda Corporation Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Why_Is_Minda_Corporation_Share_Price_Target_Set_at_Rs_763_for_2027\" title=\"Why Is Minda Corporation Share Price Target Set at Rs 763 for 2027?\">Why Is Minda Corporation Share Price Target Set at Rs 763 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Earnings_Growth_Behind_the_Minda_Corporation_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Minda Corporation Target Price: Five Years of Results\">Earnings Growth Behind the Minda Corporation Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Valuation_Check_for_the_Minda_Corporation_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Minda Corporation Stock Target: PE, Price to Book and ROE\">Valuation Check for the Minda Corporation Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Minda_Corporation_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Minda Corporation Share Price Targets for the Short Term and 12 Months\">Minda Corporation Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Short_Term_Minda_Corporation_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Minda Corporation Stock Target Levels: Technical Setup\">Short Term Minda Corporation Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#12_Month_Minda_Corporation_Target_Price_for_2027\" title=\"12 Month Minda Corporation Target Price for 2027\">12 Month Minda Corporation Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Minda_Corporation_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Minda Corporation Target Price\">How EPS Growth and PE Multiple Change the Minda Corporation Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Minda_Corporation_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Minda Corporation Stock Target in 2027\">Bull Case and Downside Risk for Minda Corporation Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Bull_Case_Rs_913\" title=\"Bull Case Rs 913\">Bull Case Rs 913<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Downside_Risk_Level_Rs_508\" title=\"Downside Risk Level Rs 508\">Downside Risk Level Rs 508<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Key_Risks_to_the_Minda_Corporation_Target_Price_for_2027\" title=\"Key Risks to the Minda Corporation Target Price for 2027\">Key Risks to the Minda Corporation Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Minda_Corporation_Price_Target\" title=\"Growth Slowdown Risk for the Minda Corporation Price Target\">Growth Slowdown Risk for the Minda Corporation Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#How_to_Invest_in_Minda_Corporation\" title=\"How to Invest in Minda Corporation\">How to Invest in Minda Corporation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#FAQs_on_Minda_Corporation_Share_Price_Target_2027\" title=\"FAQs on Minda Corporation Share Price Target 2027\">FAQs on Minda Corporation Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#What_is_the_Minda_Corporation_share_price_target_for_2027\" title=\"What is the Minda Corporation share price target for 2027?\">What is the Minda Corporation share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#What_is_the_Minda_Corporation_share_price_today\" title=\"What is the Minda Corporation share price today?\">What is the Minda Corporation share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Is_Minda_Corporation_a_buy_or_sell_at_the_current_price\" title=\"Is Minda Corporation a buy or sell at the current price?\">Is Minda Corporation a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Minda_Corporation_shares\" title=\"What are the bull case target and downside risk level for Minda Corporation shares?\">What are the bull case target and downside risk level for Minda Corporation shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#What_are_the_main_risks_to_the_Minda_Corporation_price_target\" title=\"What are the main risks to the Minda Corporation price target?\">What are the main risks to the Minda Corporation price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#What_is_the_PE_ratio_of_Minda_Corporation_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Minda Corporation and how does it compare with the industry?\">What is the PE ratio of Minda Corporation and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#Who_owns_Minda_Corporation_and_what_is_the_promoter_holding\" title=\"Who owns Minda Corporation, and what is the promoter holding?\">Who owns Minda Corporation, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/minda-corporation-share-price-target-2027\/#What_were_Minda_Corporations_latest_quarterly_results\" title=\"What were Minda Corporation&#8217;s latest quarterly results?\">What were Minda Corporation&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Minda_Corporation_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Minda Corporation Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Minda Corporation (NSE: MINDACORP) has a market capitalisation of Rs 15,190 crore. In FY26 it reported revenue of Rs 6,200 crore and net profit of Rs 277.20 crore. The table collects the figures the Minda Corporation share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/mindacorp\/minda-corporation-ltd-share-price-today\">Minda Corporation<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>MINDACORP<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 636.30<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 769.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 468.50<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 15,190 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>30.43<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>37.01<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>5.75<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>13.63%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.56<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 20.88<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.22%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 763<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 913<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 508<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Minda_Corporation_Share_Price_Target_Set_at_Rs_763_for_2027\"><\/span><strong>Why Is Minda Corporation Share Price Target Set at Rs 763 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Minda Corporation stock target of Rs 763 applies a PE multiple of 30.43 to a forward EPS estimate of Rs 25.06. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.9% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Minda_Corporation_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Minda Corporation Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Minda Corporation grew revenue from Rs 3,000 crore in FY22 to Rs 6,200 crore in FY26, a compound annual growth rate of 19.9%. Net profit grew more slowly, from Rs 184.50 crore to Rs 277.20 crore (10.7% a year), which points to margin pressure alongside the sales growth.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>3,000.10<\/td>\n<td>184.50<\/td>\n<td>8.01<\/td>\n<td>1.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>4,315.90<\/td>\n<td>294.40<\/td>\n<td>11.89<\/td>\n<td>1.20<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>4,666.80<\/td>\n<td>225.20<\/td>\n<td>9.49<\/td>\n<td>1.40<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>5,088.60<\/td>\n<td>239.20<\/td>\n<td>10.68<\/td>\n<td>1.40<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>6,200.50<\/td>\n<td>277.20<\/td>\n<td>15.07<\/td>\n<td>1.40<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 21.9%, close to the four-year average of 19.9%, and net profit moved up 15.9%. EPS rose from Rs 9.49 in FY24 to Rs 15.07 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Minda Corporation converted 4.5% of FY26 revenue into net profit, against 4.7% in FY25, within a five-year range of 4.5% to 6.8%. EBITDA margin was 11.9% in FY26 versus 11.9% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 1,848 crore, up 33.0% from the same quarter a year earlier, while net profit of Rs 188.38 crore was up 261.1%. EBITDA came in at Rs 213.25 crore, up 33.6% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.56, and shareholders&#8217; equity grew from Rs 1,330 crore in FY22 to Rs 2,658 crore in FY26. Operating cash flow in FY26 was Rs 675.60 crore against capital expenditure of Rs 394.20 crore, leaving free cash flow of Rs 281.40 crore, or 1.9% of the current market capitalisation. In FY25 free cash flow was Rs 194.30 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Minda_Corporation_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Minda Corporation Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 30.43 against an industry PE of 37.01, Minda Corporation trades at a discount to its industry. Price to book is 5.75 on a book value of Rs 110.40 per share, and return on equity is 13.63%. A PE of 30.43 equals an earnings yield of 3.3%, and the FY26 dividend of Rs 1.40 per share gives a yield of 0.22%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 64.84% of Minda Corporation in June 2026, and promoter holding has stayed near 64.84% since June 2025. Foreign institutional investors (FII) held 9.30% and domestic institutions (DII) held 17.87%, which puts total institutional holding at 27.17%. FII holding rose from 8.83% in June 2025 to 9.30% in June 2026. Public shareholders own the remaining 7.99%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Minda_Corporation_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Minda Corporation Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Minda_Corporation_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Minda Corporation Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 636.30 on 9 October 2026, Minda Corporation trades below its 50-day simple moving average of Rs 699.29 and above its 200-day exponential moving average of Rs 630.78. The 14-day RSI reads 29.7, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 699.29 (50-day simple moving average) and the nearest support is Rs 630.78 (200-day exponential moving average). A sustained move above Rs 699.29 would improve the short-term setup, while a close below Rs 630.78 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Minda_Corporation_Target_Price_for_2027\"><\/span><strong>12 Month Minda Corporation Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Minda Corporation is Rs 763: forward EPS of Rs 25.06 at a PE of 30.43. That is 19.9% above Rs 636.30. It would still leave the stock 0.8% below its 52-week high of Rs 769.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Minda_Corporation_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Minda Corporation Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 24.34<\/th>\n<th>PE 30.43<\/th>\n<th>PE 34.99<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 20.88)<\/td>\n<td>Rs 508<\/td>\n<td>Rs 635<\/td>\n<td>Rs 731<\/td>\n<\/tr>\n<tr>\n<td>20.0% (EPS Rs 25.06)<\/td>\n<td>Rs 610<\/td>\n<td>Rs 763<\/td>\n<td>Rs 877<\/td>\n<\/tr>\n<tr>\n<td>25.0% (EPS Rs 26.10)<\/td>\n<td>Rs 635<\/td>\n<td>Rs 794<\/td>\n<td>Rs 913<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Minda Corporation price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Minda_Corporation_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Minda Corporation Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_913\"><\/span><strong>Bull Case Rs 913<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Minda Corporation price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 26.10, and a PE multiple that rises 15% to 34.99. That gives Rs 913, 43.5% above the current price and above the 52-week high of Rs 769.00, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_508\"><\/span><strong>Downside Risk Level Rs 508<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 20.88 and the PE falls 20% to 24.34. That gives Rs 508, 20.2% below the current price and above the 52-week low of Rs 468.50.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>25.0%<\/td>\n<td>34.99<\/td>\n<td>Rs 913<\/td>\n<td>+43.5%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>20.0%<\/td>\n<td>30.43<\/td>\n<td>Rs 763<\/td>\n<td>+19.9%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>24.34<\/td>\n<td>Rs 508<\/td>\n<td>-20.2%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Minda_Corporation_Target_Price_for_2027\"><\/span><strong>Key Risks to the Minda Corporation Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Minda_Corporation_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Minda Corporation Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 33.0% year on year, and FY26 revenue growth was 21.9%. If growth slows from here, the EPS estimate behind the Minda Corporation stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Minda Corporation has a market capitalisation of Rs 15,190 crore. Institutional holding is 27.17%, and promoters hold 64.84%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 4.5% in FY26, so a small slip in costs moves profit noticeably. At a PE of 30.43 versus an industry PE of 37.01, a de-rating toward the downside-risk PE of 24.34 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 17.3% below its 52-week high, with an RSI of 29.7 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Minda_Corporation\"><\/span><strong>How to Invest in Minda Corporation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Minda Corporation share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 636.30 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Minda Corporation&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Minda Corporation fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Minda Corporation target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Minda Corporation live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Minda Corporation share price target for 2027 is Rs 763 in the base case, with Rs 913 as the bull case. The support for that view is arithmetic you can check: EPS grew 26.0% a year over FY24 to FY26, and the stock trades at a PE of 30.43. The risks are equally concrete, including a stock that sits 17.3% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Minda_Corporation_Share_Price_Target_2027\"><\/span><strong>FAQs on Minda Corporation Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Minda_Corporation_share_price_target_for_2027\"><\/span><strong>What is the Minda Corporation share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Minda Corporation share price target for 2027 is Rs 763, with Rs 913 as the bull case. The downside risk level, which is not a target, is Rs 508. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Minda_Corporation_share_price_today\"><\/span><strong>What is the Minda Corporation share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:30 PM IST, Minda Corporation trades at Rs 636.30, up 0.18% on the day. The 52-week range is Rs 468.50 to Rs 769.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Minda_Corporation_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Minda Corporation a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 26.0% a year over FY24 to FY26, but the stock is 17.3% below its 52-week high. Whether Minda Corporation fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Minda_Corporation_shares\"><\/span><strong>What are the bull case target and downside risk level for Minda Corporation shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 913, which assumes 25.0% EPS growth and a PE of 34.99. The downside risk level is Rs 508, which assumes flat EPS and a PE of 24.34. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Minda_Corporation_price_target\"><\/span><strong>What are the main risks to the Minda Corporation price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 15,190 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Minda_Corporation_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Minda Corporation and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Minda Corporation is 30.43 against an industry PE of 37.01. Price to book is 5.75 and return on equity is 13.63%. The base case in the Minda Corporation price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Minda_Corporation_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Minda Corporation, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 64.84% of Minda Corporation in June 2026. FII held 9.30%, DII held 17.87% and the public held 7.99%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Minda_Corporations_latest_quarterly_results\"><\/span><strong>What were Minda Corporation&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Minda Corporation reported revenue of Rs 1,848 crore (up 33.0% year on year) and net profit of Rs 188.38 crore (up 261.1%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Minda Corporation share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Minda Corporation share price target for 2027 is Rs 763, with Rs 913 as the bull case. The downside risk level, which is not a target, is Rs 508. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.\"}},{\"@type\":\"Question\",\"name\":\"What is the Minda Corporation share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 9 October 2026, 3:30 PM IST, Minda Corporation trades at Rs 636.30, up 0.18% on the day. The 52-week range is Rs 468.50 to Rs 769.00.\"}},{\"@type\":\"Question\",\"name\":\"Is Minda Corporation a buy or sell at the current price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data is mixed rather than one-sided: EPS has grown 26.0% a year over FY24 to FY26, but the stock is 17.3% below its 52-week high. Whether Minda Corporation fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. 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FII held 9.30%, DII held 17.87% and the public held 7.99%.\"}},{\"@type\":\"Question\",\"name\":\"What were Minda Corporation's latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Minda Corporation reported revenue of Rs 1,848 crore (up 33.0% year on year) and net profit of Rs 188.38 crore (up 261.1%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minda Corporation share price target 2027: base Rs 763, bull Rs 913, downside risk level Rs 508, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":34,"featured_media":300024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-300025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["300024"],"rank_math_title":["Minda Corporation Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Minda Corporation share price target for 2027 is Rs 763 versus Rs 636.30 today. Bull case, downside risk, earnings trend and risks explained. 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