Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcription of Conference Call with Investors/Analysts held on 05-08-202209-08-2022
09-08-2022
Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of the Earning call on financial results for quarter ended June 30, 202206-08-2022
Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Filing of clipping of the Un- Audited Standalone and Consolidated Financial Results for the quarter ended on June 30, 2022 published in the newspapers on August 6, 2022 under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 201506-08-2022
Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Submission of Press Release and Earnings updates on Financial Results for Q1 ended on June 30, 202205-08-2022
Minda Corporation Ltd - 538962 - Statement Of Deviation(S) Or Variation(S) Under Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On June 30, 2022
Statement of deviation(s) or variation(s) under regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended on June 30, 202205-08-2022
Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation on the Un-audited Financial Results for Q1 ended on June 30, 202205-08-2022
Q1FY23 Quarterly Result Announced for Minda Corporation Ltd.
Auto Parts & Equipment firm Minda Corporation Announced Q1FY23 Result : Minda Corporation Limited clocks highest ever Quarterly Operating Revenue in Q1 of FY 2022-23 Exhibits revenue growth of 80.8% YoY; double-digit EBITDA margins Highest ever Quarterly Operating Revenue of Rs. 10,102 million with growth of 80.8% on YoY basis Eighth successive quarter of double-digit EBITDA margin with EBITDA of Rs 1,066 million and EBITDA Margin of 10.6%, growth of 246% YoY PAT of Rs. 525 million with PAT margins of 5.2%, growth of 639% YoY Commenting on the results, Mr. Ashok Minda, Chairman and Group CEO said: “The first quarter of FY23 started on an optimistic note with the overall demand in most of the vehicle segments growing on both year-on-year and sequential basis. The growth was primarily driven by economic recovery from adverse impact of the pandemic and through continuous support from the Government to ease inflationary pressure. The other challenges include shortage of semiconductors, upward movement in commodity prices and ongoing global geopolitical tensions. Amidst these headwinds and tailwinds, I am pleased to report that Minda Corporation continues to deliver a stellar performance with reported Revenue from Operations at Rs. 10,102 million during the quarter, robust growth of 80.8% on Y-o-Y basis. The growth was driven by better revenue visibility in both business verticals, increasing share of business from existing customers and increase in content per vehicle. Our order book remains healthy with EV segment contributing more than 20% of our lifetime order won during the quarter. EBITDA for the quarter stood at Rs. 1,066 million with EBITDA margin of 10.6%, owing to higher operational efficiencies. The robust performance is a testimony to company’s commitment to manufacturing excellence and cost leadership. We are constantly evolving to address the demands of automotive market of the future by continuously investing in R&D; and innovation. During the quarter, we remained focussed on enhancing our core capabilities through technological upgradation via inhouse R&D; and achieving operational excellence through cost leadership and digitalisation of processes. Going Forward, we expect demand to remain strong despite inflationary pressure and geopolitical risks while the supply situation is expected to improve further. Moreover, stabilization of commodity prices is expected to aid improvement in underlying margins. We will continue to focus on steady improvement in market share, basis our strong product portfolio and will continue to invest aggressively in future technologies and business models. With the overarching vision to become a complete solution provider for OEMs, we’ll continue to build on the growth momentum by enhancing and strengthening our core business with consistent focus on innovation and technology. Result PDF05-08-2022
Minda Corporation Ltd - 538962 - Un-Audited Financial Results For The Quarter Ended On June 30, 2022
Un-audited Financial Results for the quarter ended on June 30, 202205-08-2022
Minda Corporation Ltd - 538962 - Board Meeting Outcome for Proceedings Of Board Meeting Of Minda Corporation Limited Held On Friday, August 05, 2022 Along With Un-Audited Financial Results For The Quarter Ended On June 30, 2022 And Limited Review Report (LRR)
Proceedings of Board Meeting of Minda Corporation Limited held on Friday, August 05, 2022 along with Un-Audited Financial Results for the quarter ended on June 30, 2022 and Limited Review Report (LRR)05-08-2022
Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Schedule for Conference Call for Q1FY2302-08-2022