Minda Industries looks to outgrow peers by improving content per vehicle
The company is also focusing on the transition to electric vehicles (EV) and getting into products like various sensors and controllers for the electric powertrain.
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
Spark Minda Group cash flow turns positive; ups R&D spent to boost content per vehicle
Minda Corporation's Chairman & Group CEO Ashok Minda said the company is well positioned to indigenise basic components for electric mobility with the help of its R&D centre in Pune.
Minda Industries' board approves merger with Harita Seating Systems
The transaction involves Minda getting 51 per cent stake in Harita Fehrer.
Uno Minda appoints Sunil Bohra as Group CFO
Sunil is a member of the Institute of Chartered Accountants of India and an alumni of the Harvard Business School.
Minda Corp Q1 PAT grows 63.2% at Rs 37.59 cr
The company’s net revenue from operations increased to Rs 778.27 crore in the current quarter of 2018-19 compared to Rs 623.28 crore during same period year ago
World’s number one auto parts maker to get boost from regulation
.Earnings should grow about 20 percent this financial year given Minda’s product range.
UNO Minda to invest Rs 100 cr in Advanced Engineering Centres over 2 years
The group is also looking to enter into the battery management system either by harnessing its own technology or inking an alliance
Minda Corp posts revenue growth of 19% in Q1FY18
EBITDA margins declined due to a higher spend on R&D and the GST impact on the aftermarket business and currency fluctuations.
Minda Industries PAT up 71% at Rs 48 cr in Q1
The switches segment, posted sales of Rs 305 crore contributing 32% of Q1FY18 revenues with EBIDTA margins at 10.5%. The Acoustics Division registered sales of Rs 168 crore forming 17% of the Q1FY18 revenues with EBIDTA margins at 8.2%.
Toyoda Gosei establishes new automotive parts plant in Gujarat
The new Gujarat Plant will begin supplying airbags, weatherstrips and other automotive parts to Suzuki Motor Gujarat in the second half of fiscal 2018.
Spark Minda inaugurates its new plant in Mexico, invests $10 million
Spark Minda has approximately invested $10 million in its new Mexican facility in the first phase. New plant will manufacture Interior automotive components such as Glove Box, I Panel Parts etc for Volkswagen Group.
Top line will grow by around 25-30% in the near future: NK Minda, CMD, Minda Group
"I am very positive and bullish as always that auto demand is going to be very high in the near future because of positive sentiments, GDP rate, the seventh Pay Commission and the monsoon."
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.
Higher tax on imports to drive Indian auto component market through 2020: Study
The top vendors highlighted by Technavio’s research analysts in this report are - Bharat Forge, Bosch India, Minda, Samvardhana Motherson, and TVS.
ETAuto Business Sentiment Survey FY2017 Revealed
But after a bumpy ride in recent years, with local demand falling short of capacity created by some of the manufacturers, growth in investment in the sector is expected to be in single digit. A large chunk of this fresh money is likely to go to R&D — a welcome development as it will help improve India’s standing in the automotive world.
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 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
M&M & Minda Group's unique JV in Yerwada Jail
M&M and Minda jointly approached jail authorities in July 2014. A set of 30 inmates were chosen and trained in this particular job.
Minda Corp net profit grows 16.5% in Q1
To tap the export opportunity, Spark Minda has formed a team of dedicated and experienced professionals to evaluate additional growth opportunities arising in both our existing and potential export markets
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.
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:
Components
A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-
Unlock Minda Carporation Ltd to view more data
Financials
Minda Carporation Ltd‘s balance sheet, profit & loss figures and Financial Ratios
Plant Details
Get plant information and details for Minda Carporation Ltd
Clients
Know the direct, tier 1 and foreign suppliers for Minda Carporation Ltd
Revenue Sources
Which business is the best revenue generator for Minda Carporation Ltd
Company Structure
Minda Carporation Ltd‘s subsidiaries, Joint Ventures, Associates & Signatories
Contact this company