ENTITY
Minda Corporation

Minda Corporation (MDA IN)

71
Analysis
Consumer Discretionary • India
Minda Corporation Limited is a leading Indian automotive component manufacturer, specializing in advanced mechatronics, electronic, and mechanical solutions. The company supplies Original Equipment Manufacturers (OEMs) and the aftermarket across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and off-roaders. Its diverse product range includes vehicle access systems, wiring harnesses, die-casting parts, and information and connected systems. Headquartered in Noida, Uttar Pradesh, India, the company was incorporated in 1985.
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•14 Nov 2024 20:50•Broker

Minda Corporation Ltd - EBITDA/PAT Beats Estimates Amid Challenging Industry Scenario

Robust EBITDA margins: On the back of a richer product mix led by premium 2Ws (both ICE and EV), better operating efficiencies, streamlining fixed...

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•10 Aug 2024 06:15•Broker

Minda Corporation Ltd - EBITDA/PAT Beats Estimates; Strong Orderbook To Drive Growth

Revenue (inline) grew by 11% YoY, led by increased production volumes in the 3W/2W/PV segment, partly offset by lower volumes in the CV/Tractor...

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•19 Jun 2024 07:33•Broker

Pick of the Week: Minda Corporation Ltd - 18 JUNE 2024

The $610 Mn Group, with a workforce of more than 16,000, has several JVs with leading companies from the USA, Japan, Italy, Uzbekistan, and China.

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•23 May 2024 19:39•Broker

Minda Corporation Ltd - Revenue/EBITDA Inline; Orderbook Remains Strong

New order wins: During the quarter, the company secured lifetime orders worth ~Rs. 2,000 Cr with EV constituting over 30% of the orders won.

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•03 Nov 2023 20:01•Broker

Minda Corporation Ltd - EBITDA Inline; Orderbook Remains Strong

Revenue (inline) grew by 4%/11% YoY/QoQ, led by increased production volumes in the PV/3W/CV segment, partly offset by lower volumes in the 2W...

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