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September 03, 2015 1:27 AM ET

Auto Components

Company Overview of Minda Corporation Limited

Company Overview

Minda Corporation Limited manufactures and sells auto components and accessories in India. The company offers mechanical and electronic security systems, and electronic controllers for electric vehicles, as well as die casting parts and surface finishing parts for auto and consumer durable industries. It also provides lock sets with conventional keys, two track keys, four track keys, and snake biting keys for 2 wheeler applications, as well as immobilizers for 2 wheeled vehicle applications and window regulators. In addition, the company offers vehicle accessories, such as remote central locking systems, wheel and helmet locks, gear shift locks, power window regulators, auto head lamp contro...



Noida,  201301


Founded in 1958


91 12 0478 7100


91 12 0478 7200

Key Executives for Minda Corporation Limited

Chief Executive Officer, Executive Director and Member of Corporate Social Responsibility Committee
Age: 50
Total Annual Compensation: $10.7M
Chief Financial Officer
Total Annual Compensation: $5.4M
Chairman, Group Chief Executive Officer, Member of Shareholders'/Investors' Grievance Committee and Member of Corporate Social Responsibility Committee
Age: 54
Total Annual Compensation: $11.8M
Chief Executive Officer of Die-Casting Division
Total Annual Compensation: $4.5M
Compliance Officer and Company Secretary
Total Annual Compensation: $3.6M
Compensation as of Fiscal Year 2015.

Minda Corporation Limited Key Developments

Minda Corporation Limited Proposes Adoption of Articles of Association and Memorandum of Association

Minda Corporation Limited has proposed adoption of articles of association and memorandum of association of the company at the annual general meeting to be held on September 10,2015.

Minda Corporation Limited Reports Consolidated and Standalone Earnings Results for the First Quarter Ended June 30, 2015

Minda Corporation Limited reported consolidated and standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported that total revenue increased by 15.2% year on year to INR 5,281 million compared to INR 4,584 million a year ago. EBITDA increased by 13.8% year on year to INR 502 million compared to INR 441 million a year ago. Profit after tax increased by 16.5% to INR 202 million compared to INR 174 million a year ago. Net debt was INR 3,688 million. Profit before tax was INR 279 million compared to INR 223 million a year ago. Basic EPS was INR 0.97 compared to INR 0.83 a year ago. Profit from operations before other income, finance cost and exceptional items was INR 321.3 million against INR 285.5 million a year ago. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 1,574.6 against INR 1,523.4 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 133.9 million against INR 106.1 million a year ago. Profit from ordinary activities before tax was INR 137.4 million against INR 96.6 million a year ago. Net profit was INR 93.7 million against INR 65.6 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.45 against INR 0.31 per share a year ago.

Minda Corporation Limited, Q1 2016 Earnings Call, Aug 11, 2015

Minda Corporation Limited, Q1 2016 Earnings Call, Aug 11, 2015

Recent Private Companies Transactions

September 30, 2014
Minda Furukawa Electric Pvt. Ltd.

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