Want to position ourselves as one-stop shop for EV products: Ashok Minda
“The conversion from IC to EV will help in premiumisation – will see 10% more than industry growth.”
Minda Carporation Ltd
Company limited by Shares (2) 1049+ employeesMinda carporation ltd Overview
INDIA HO
DELHICOMPANY SIZE
2435+ employeesCIN
L74899DL1985PLC020401TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
http://www.minda.co.inFOUNDED
11 Mar,1985PAID-UP CAPITAL
607,952,360AUTHORISED CAPITAL
642,000,000TRADE MARK
SPARK MINDAACCREDIT
ISO/TS 16949Minda carporation ltd in News
Minda Corporation revenue grew by 26.9% in Q2 FY2017
The company posted 26.9 percent (YoY) increase in total revenue at Rs 7,822 million compared to Rs 6,162 million in
Spark Minda to manufacture automotive lock parts inside Aurangabad Central Prison
Minda Corporation Limited has been allocated 500 Sq. feet of space within the jail premises which can be amplified in future as and when the requirement arises.
Minda Corp signs JV with China's BAIC Group subsidiary for Rs 83.5 cr
The total registered capital of the JV would be USD 5,000,000 (around Rs 33.3 crore), of which, Minda KTSN and SBHAP shall contribute for 50 percent of the equity interest in the JV from both parties.
Minda Corporation Q1 PAT up 22.9% at Rs 249 million
The EBITDA witnessed a year-on-year jump of 27.5 percent at Rs 626 million, while its net debt stood at Rs 5,234 million as against Rs 4,548 miilion during fourth quarter of fiscal year 2016.
Minda Corp.'s net profit jumps 9.2% in Q4 of FY 16
For the entire FY 2016, the consolidated net profit stood at Rs 107.3 crore, which is a 19.8 percent jump over the net profit in FY 2015
Minda Corporation to acquire autoparts maker Panalfa Autoelektrik for over Rs 45 cr
Minda will give Rs 27.82 crore for 100 percent equity, and another Rs 6.7 crore for takeover of loan. The company will also infuse additional funds of Rs 11 crore.
Minda Corp Q3 net 31.4% to Rs 31.6 crore
Total revenue too saw an increase of 22.5 percent to Rs 656 crore in the last quarter
Minda Corporation Q2 net profit surges 33 percent
The company attributed this financial performance to new product development
Minda Learns from Rough Ride, Turns Focus on Margins
Sometimes, a downturn is necessary to remind a company of charting a new path towards discovering the new focus point and improving operating efficiency.
Minda Corp reports FY2015 net profit jump of 12.8% at Rs 89.5 crore
Its revenue too jumped 23.6 percent to Rs 1970.6 crore in FY15, up from Rs 15,939 crore in FY14.
After Valeo exits, Minda ropes in US-firm VAST as JV partner for keys business
US-based Vehicle Access Systems Technology (VAST) has taken a 50% stake in the business after previous partner, French auto parts maker Valeo, exited the joint-venture by selling its stake to Minda 18 months ago. The JV will now be called Minda VAST Access Systems.
Directors of Minda carporation ltd
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Sunil Behari Mathur | Unlock to View | Unlock to View | Director | 10 Sep,2015 |
| Thankom T Mathew | Unlock to View | Unlock to View | Director | 27 Mar,2015 |
| Ashok Kumar Jha | Unlock to View | Unlock to View | Director | 14 Nov,2014 |
| Sudhir Kashyap | Unlock to View | Unlock to View | Wholetime Director | 05 May,2013 |
| Laxman Ramnarayan | Unlock to View | Unlock to View | Director | 28 Mar,2011 |
| Rakesh Chopra | Unlock to View | Unlock to View | Director | 27 May,2010 |
| Avinash Parkash Gandhi | Unlock to View | Unlock to View | Director | 28 Jan,2006 |
| Ashok Minda | Unlock to View | Unlock to View | Wholetime Director | 22 Jul,1987 |
Minda carporation ltd deals in:
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