Minda Corporation Ltd - 538962 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Minda Corporation Ltd - 538962 - Schedule Of Analyst/Institutional Investor Meeting Intimation Under The SEBI (Listing Obligations And Disclosure Requirements), Regulations 2015
Schedule of Analyst/Institutional Investor meeting intimation under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 Minda Corporation Ltd - 538962 - Transcription Of Conference Call With Investors/Analysts Held On 08Th February, 2023
Transcription of Conference Call with Investors/Analysts held on 08th February, 2023 Minda Corporation Ltd - 538962 - Audio Recording Of The Earning Call On Financial Results For Quarter And Nine Months Ended December 31, 2022
Audio recording of the Earning call on financial results for quarter and nine months ended December 31, 2022 Minda Corporation Ltd - 538962 - Clippings Of Notice Published In The Newspapers For Fixation Of Record Date For The Payment Of Interim Dividend For The Year 2022-23
Clippings of Notice published in the newspapers for fixation of record date for the payment of interim dividend for the year 2022-23 Minda Corporation Ltd - 538962 - Clipping Of The Un- Audited Consolidated Financial Results For The Quarter And Nine Months Ended On December 31, 2022
Clipping of the Un- Audited Consolidated Financial Results for the quarter and nine months ended on December 31, 2022 Minda Corporation Ltd - 538962 - Statement Of Deviation(S) Or Variation(S) Under Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On December 31, 2022
Statement of deviation(s) or variation(s) under regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended on December 31, 2022 Minda Corporation Ltd - 538962 - Record Date For Payment Of Interim Dividend For The Year 2022-23
Record Date for Payment of Interim Dividend for the Year 2022-23 Q3FY23 Quarterly Result Announced for Minda Corporation Ltd.
Auto parts & equipment firm Minda Corporation announced Q3FY23 results: Consolidated Q3FY23: Operating revenue of Rs 1,068 crore with a growth of 45% on a YoY basis, growing better than the industry A tenth successive quarter of double-digit EBITDA margin with EBITDA of Rs 114 crore and EBITDA margin of 10.7% PAT of Rs 52 crore, growing 41% YoY, and PAT margins of 4.9% Commenting on the results, Mr. Ashok Minda, Chairman and Group CEO said: “During the quarter, the auto industry grew steadily on YoY basis with growth across segment on the back of robust festive season, improved customer sentiments and higher production. The rural demand saw weakness on the back of uneven monsoon, higher finance costs and tepid rural sentiments. Semiconductor supplies have eased out but long lead time still continues. Commodity prices saw an increasing trend in Q3FY23 after softening in Q2FY23. Our teams work closely with customers to mitigate the effect of these challenges. We are proud to announce that Minda Corporation continues to outperform the industry on both YoY and QoQ with Revenue from Operations of Rs 1,068 crore during the quarter. We achieved robust growth of 45% YoY (22% on like to like basis excluding MIL). EBITDA for the quarter stood at Rs 114 crore with EBITDA margin of 10.7% and PAT of 52 crore with PAT margin of 4.9%. The company’s resilient performance is the result of various cost control initiatives, increased efficiencies and increase in business across verticals with existing customers and the addition of new customers. Happy to share that the company filed 5 patents during the quarter in various business verticals taking the total no. of patents to 229. With a focus on innovation and being in line with the emerging trends in the auto industry, Minda Corporation entered into Technology License and Assistance Agreement with LocoNav India Private Limited for Telematics Software for both Web & Android/iOS Platforms. This partnership with LocoNav will help us strengthen our existing relationship with the leading OEMs by integrating LocoNav’s proprietary telematics software into Spark Minda devices making us “a complete telematics solution provider”. This will also help us expand our product portfolio with existing customers and acquire new customers During the quarter, we have also inaugurated one more Wiring Harness plant in Chakan, Pune spread across 1.9 lakh square feet with the factory equipped with advanced machines backed by cutting-edge technology. In line with our philosophy to reward our shareholders, the board of directors has declared an Interim dividend of 20% on the face value i.e Rs 0.40 per equity share. We continue to move forward with our customer-centric approach in line with our goal of providing the best to our customers. Our evolving technological know-how coupled with experience in the sector has helped us stay ahead of the technology curve”. Result PDF Minda Corporation Ltd - 538962 - Earnings Presentation On The Un-Audited Financial Results For Q3 And Nine Months Ended December 31, 2022
Earnings Presentation on the Un-Audited Financial Results for Q3 and Nine Months ended December 31, 2022