Minda Industries rallies 9% post Q4 results and 1:1 bonus issue
The management believes that the auto industry is at the cusp of revival, with favorable governmental policies and more new product launches planned by OEMs for the coming year.
MINDA INDUSTRIES LTD.-$ - 532539 - Audio Of The 'Earnings Call'
This is with reference to our intimation regarding Earnings Call with the investors on the Audited Financial Results for the Quarter and Year ended on 31 March, 2022. The audio of the 'Earnings Call' has been uploaded on the website of the Company under the following link : https://www.unominda.com/investor/analyst-call-audio The above is for your information and records. MINDA INDUSTRIES LTD.-$ - 532539 - Announcement under Regulation 30 (LODR)-Raising of Funds
Raising of funds through issue of Debt Securities upto Rs.1000 Crores in one or more tranches MINDA INDUSTRIES LTD.-$ - 532539 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Board in its meeting held today i.e. May 24, 2022 has approved the draft Scheme of Arrangement of Harita Fehrer Limited ('Wholly Owned Subsidiary/Transferor Company') and Minda Storage Batteries Private Limited ('Wholly Owned Subsidiary/Demerged Company'), with Minda Industries Limited ('Holding Company/Transferee Company') and their respective shareholders and creditors. MINDA INDUSTRIES LTD.-$ - 532539 - Record Date For Final Dividend And Bonus Issue
It is hereby informed that the Record Date has been fixed as June 10, 2022, for the purpose of: a. taking the record of eligible shareholders/beneficial owners for payment of final equity dividend as may be approved by the shareholders at the ensuing 30th annual general meeting of the company; b. taking the record of eligible shareholders/beneficial owners for payment of dividend on preference shares; and c. determining the eligibility of shareholders/beneficial owners, who shall be entitled to receive the Bonus shares, as may be, approved by the shareholders through the process of Postal Ballot. MINDA INDUSTRIES LTD.-$ - 532539 - Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31 March 2022
Audited Financial Results (Standalone & Consolidated) for the Quarter and Year ended 31 March 2022 Q4FY22 Quarterly Result Announced for Minda Industries Ltd.
Auto Parts & Equipment firm Minda Industries declares Q4FY22 result: Q4 FY22 Consolidated Revenue of Rs 2,415 Cr., with a QoQ and YoY growth of ~8% and ~11% respectively Q4 FY22 Consolidated EBITDA of Rs 275 Cr., with a QoQ growth of ~17% Q4 FY22 Consolidated PBT of Rs 175 Cr., with a QoQ growth of ~24% Q4 FY22 Consolidated PAT (MIL share) at Rs 144 Cr., with a Q-o-Q growth of ~43% The Board recommends final dividend at the rate of Rs 1 per equity share i.e. 50% on face value of Rs 2 each The Board recommends issue of bonus shares in the ratio of 1:1 The EBITDA for Q4 FY22 has been reported as Rs 276 Crs vis-à-vis Rs 235 Crs in Q3 FY22. Profit before tax for Q4 FY22 was at Rs 175 Crs as against Rs 141 Crs in Q3 FY22. PAT (MIL Share) for the quarter is Rs 144 Crs in Q4FY22 as against Rs 140 Crs in Q4FY21 and Rs 101 Crores in Q3FY22. The rising input costs continue to have impact on profitability and margin of the business, however the margins have shown a visible improvement vis-à-vis last quarter, i.e. Q3FY22. At a consolidated level, the company registered the highest ever quarterly performance with revenue of Rs 2,415 Cr in Q4 FY22 as against Rs 2,238 Cr for corresponding quarter i.e., Q4FY21, registering a rise of ~8%, while it grew by 11% QoQ compared to Rs 2,181 Cr in Q3FY22. Mr Nirmal K Minda, CMD, Uno Minda Group says, “Despite turbulent times for the auto industry, on the back of shortage of semi-conductors, rising input costs, geo-political tensions, your company was able to register growth in its revenues and profitability. We believe that the auto industry is at the cusp of revival, with favorable governmental policies, with more & more new product launches planned by OEM’s for the coming year, we are optimistic of demand scenario & sentiments improving going forward. UNO Minda group, with its multiple product categories & long-standing relationships with OEM’s in India & Globally are strongly poised to capitalize on this opportunity to achieve the next level of growth in our revenues & profitability. Sunil Bohra, CFO, Uno Minda Group says, “The performance for the quarter and financial year ended 31st March 2022 has been extremely encouraging, we have achieved our highest ever revenues & profitability for the quarter and financial year. This, coming at a time when the automobile sector at large is facing massive headwinds in form of pricing pressures and inflationary trends, chip shortages is a testimony to our robust performance as a pioneer in the industry.” Result PDF MINDA INDUSTRIES LTD.-$ - 532539 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Minda Industries Limited has informed the Exchange about the schedule of Analysist/Investor meet/con. call to discuss the operational and financial performance forQ4 & FY22 on 24th May, 2022 at 04:30 PM IST MINDA INDUSTRIES LTD.-$ - 532539 - Minda Industries Limited Delivers A Strongest Ever Financial Performance
Minda Industries Limited delivers a strongest ever Financial Performance