Minda Industries Ltd - 532539 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paridhi Minda
Buy Minda Industries; target of Rs 840: Emkay Global Financial
Emkay Global Financial is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 840 in its research report dated September 02, 2021. Minda Industries Ltd - 532539 - Announcement under Regulation 30 (LODR)-Credit Rating
We are pleased to inform that ICRA has upgraded the long term rating of Minda Industries Ltd. at [ICRA]AA+ (pronounced ICRA double A plus) from [ICRA] AA (pronounced ICRA Double A). The outlook on the long term rating is Stable. ICRA has also reaffirmed the short-term rating at [ICRA] A1+ (pronounced ICRA A one plus). We are enclosing herewith copy of the communication received from ICRA in this regard. MINDA INDUSTRIES LTD.-$ - 532539 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 MINDA INDUSTRIES LTD.-$ - 532539 - Intimation Of Receiving The Amrop ET Best Board Award
We are pleased to inform that Minda Industries Ltd. has won the Amrop Economic Times Best Board Award in Small-Cap Company category.
Buy Minda Industries; target of Rs 835: ICICI Direct
ICICI Direct is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 835 in its research report dated August 17, 2021. Minda Industries Ltd - 532539 - Announcement under Regulation 30 (LODR)-Newspaper Publication
This is in continuation to our earlier letter(s) dated 03/08/2021 and 14/08/2021 in terms of regulation 47(1)(b) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and as per the format prescribed in Annexure-XI to SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 05, 2016, we are pleased to inform that the Un-audited Financial Results of the Company for the quarter ended on 30 June, 2021 has been got published in the newspapers on 16/08/2021 in "Hindustan Times" (English) and "Hindustan" (Hindi) newspapers. The clippings of both the newspapers are enclosed herewith for your reference and record please. Minda Industries Ltd - 532539 - Announcement under Regulation 30 (LODR)-Investor Presentation
Minda Industries Limited - Investor Presentation Q1 FY 22 Q1FY22 Result Announced for Minda Industries Ltd.
Minda Industries Ltd. reports Q1 FY22 results: Q1 FY22 Consolidated Revenue of Rs 1,603 Cr. Q1 FY22 Consolidated EBITDA of Rs 147 Cr., EBITDA Margin of 9.2% Q1 FY22 Consolidated PBT of Rs 44 Cr. Q1 FY22 Consolidated PAT (MIL share) at Rs 15 Cr At a consolidated level, the company registered a resilient quarterly performance with revenue of Rs 1,603 Cr in Q1 FY22 as against Rs 468 Cr for corresponding quarter i.e., Q1FY21. Without considering the impact of restatement of figures in FY21, on account of Harita Seatings System Ltd with Minda Industries Ltd the consolidated revenues have grown by 237% YoY basis with Harita contributing Rs 51 Crore in Q1 FY21. The Company’s consolidated financial results for the quarter ended June 30, 2021 and corresponding quarter ended June 30, 2020 have been negatively impacted by the outbreak of COVID-19 pandemic in the country, albeit such impact in current quarter was lower than last year, when it was complete lock down for large part of the quarter. The EBITDA for Q1 FY22 has been reported as Rs 147 Cr vis-à-vis negative Rs 84 Cr in Q1 FY21, growth of 274%. Profit before tax after exceptional items for Q1 FY22 was at Rs 44 Cr as against a negative Rs 176 Cr in Q1 FY21 and Rs 190 Crores in Q4FY21. PAT (MIL Share) for the quarter is Rs 15 Cr in Q1FY22 as against a loss of Rs 135 Cr in Q1FY21. Mr Nirmal K Minda, CMD, Uno Minda Group says, “We have delivered a resilient performance despite the 2nd wave of COVID and its impact on the economy. We at UNO Minda, learning from our experience of last year continued to focus on our core functions and at same time giving priority to health and safety of our employees. We as a team have demonstrated our ability to not just to outperform in normal times but also proven our resilience in times like these. As for coming quarters we have seen sign of resurgence, which is evident from auto sales numbers and as a company we are confident to retreat back to performance levels demonstrated in previous quarters.” Sunil Bohra, CFO, Uno Minda Group says, “Our performance for the quarter was impacted by lockdown related restrictions due to COVID-19 2nd wave. We are confident of inherent growth potential in the economy and hence we continue with our investment and expansion plans with strong belief of revival in ensuing quarters, driven by personal mobility. Further, we have strengthened the company by successfully raising around INR 700 Crores of equity through Qualified institutions placement, we are thankful to the investors for reaffirming their confidence with the company.” Result PDF MINDA INDUSTRIES LTD.-$ - 532539 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Minda Industries Ltd. Q1 FY22 results Press Release