Minda Corporation Limited (NSE: MINDACORP) and Varroc Engineering Ltd (NSE: VARROC) are both listed in the Motor Vehicle Wiring Harnesses and Electrical Systems industry. Minda Corporation has a market capitalisation of ₹15,508 Cr and Varroc Engineering ₹12,093 Cr, as of 9 Nov 2026. Their P/E ratios are 43.7 and 53.7 respectively. Return on equity is 14.74% for Minda Corporation and 13.46% for Varroc Engineering. Over one year, Minda Corporation's share price is up 19.6% and Varroc Engineering's is up 29.3%.
| Metric | Minda Corporation | Varroc Engineering |
|---|---|---|
| NSE Symbol | MINDACORP | VARROC |
| BSE Code | 538962 | 541578 |
| Share Price | ₹704.00 | ₹805.50 |
| Market Cap | ₹15,508 Cr | ₹12,093 Cr |
| P/E Ratio | 43.7 | 53.7 |
| Return on Equity | 14.74% | 13.46% |
| Return on Assets | 5.95% | 6.61% |
| Dividend Yield | 0.24% | 0.19% |
| Beta (1Y) | 0.38 | 0.41 |
| 1-Year Price Change | +19.6% | +29.3% |
| 3-Month Price Change | -4.4% | -2.5% |
| 52-Week Range | ₹468.50 – ₹769.00 | ₹462.00 – ₹912.20 |
| Latest Quarter | Q2 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹2,189 Cr | ₹2,948 Cr |
| Quarterly Net Profit | ₹143 Cr | ₹33 Cr |
| Net Margin | 6.5% | 1.1% |
| EPS (Basic, Quarter) | ₹6.08 | ₹2.15 |
| Results Basis | consolidated | consolidated |
| Headquarters | Noida, Uttar Pradesh | Aurangabad, Maharashtra |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Minda Corporation Limited manufactures and sells automobile components and parts in India, rest of Asia, America, Europe, and Africa. The company offers mechatronic products, such as ignition switch cum steering locks, smart key systems and keyless entry, access systems, mechatronics handles, immobiliser fuel tank caps, aluminium and zinc die casting components, flush outer door handles, knob type smart lock systems, starter motors, and alternators; information and connected systems, including wiring harness, connectors, cockpit, fully digital clusters, terminals, and components; and instrumen…
Varroc Engineering Limited provides aftermarket automotive components and solutions worldwide. It offers e-mobility solutions, such as traction motors, controllers, and DC-DC converters; ice powertrain solutions, including valves, transmission components, crankpins and balancers, and wiper motors; light engines, light control units, and exterior and interior lighting products; and human-machine interface solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also provides polymer components, metallic forging and casting products, engine par…
Minda Corporation has a market capitalisation of ₹15,508 Cr, against ₹12,093 Cr for Varroc Engineering as of 9 Nov 2026, about 1.3 times the size by market cap.
Minda Corporation has a P/E of 43.7 and Varroc Engineering a P/E of 53.7 as of 9 Nov 2026.
Minda Corporation has a return on equity of 14.74% and Varroc Engineering 13.46%.
Minda Corporation's share price is up 19.6% over one year and Varroc Engineering's is up 29.3%.
Minda Corporation reported revenue of ₹2,189 Cr and net profit of ₹143 Cr for Q2 FY27. Varroc Engineering reported revenue of ₹2,948 Cr and net profit of ₹33 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Automobile Components > Automotive Parts and Equipment > Motor Vehicle Wiring Harnesses and Electrical Systems on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.