Minda Corp Ltd (NSE:MINDACORP)
₹ 541.95 33.6 (6.61%) Market Cap: 127.51 Bil Enterprise Value: 126.81 Bil PE Ratio: 49.54 PB Ratio: 6.07 GF Score: 94/100
Back to the Transcripts List

Q2 2025 Minda Corporation Ltd Earnings Call Transcript

Nov 12, 2024 / 10:30AM GMT
Release Date Price: ₹494.45 (-1.01%)

Key Points

Positve
  • Minda Corp Ltd (BOM:538962) achieved its highest ever quarterly revenue of INR1,290 crores, marking an 8% year-on-year increase.
  • The company reported its highest ever EBITA in value terms at INR147 crores with an EBITA margin of 11.4%.
  • Lifetime order wins in Q2 FY25 surpassed INR2,400 crores, contributing to an order book exceeding INR4,750 crores.
  • Minda Corp Ltd is expanding its product portfolio and demand for IC and EV products, with plans for four new facilities.
  • The company signed a technological license agreement with SENCO, enhancing its wiring harness portfolio for the EV segment.
Negative
  • The passenger vehicle segment experienced a slight decline due to softer market demand.
  • The commercial vehicle segment faced challenges due to prolonged monsoon delays and adverse weather conditions.
  • Export demand from the European market was subdued, impacting overall performance.
  • The ASEAN markets experienced a slowdown, affecting the company's export growth.
  • Despite growth in domestic revenue, export revenues have been flat year-on-year, with no significant uptake expected in the next six months.
Operator

Hello. Ladies and gentlemen, good day and welcome to the Minda Corporation Limited Q2 FY25 earnings conference call hosted by Neural Bank Equities, Private Limited.

(Operator Instructions)

Please note that this conference is being recorded. I now hand the conference over to Mr Prateek Ladha from the Nirmal Bang Equities. Thank you and over to you, sir.

Prateek Ladha
Nirmal Bang Institutional Equities - Equity Research Associate

Thank you, Joshua. Good evening. On. Behalf of Nirmal Bang Institutional Equities. I welcome you to the Q2 FY25 earnings call of Minda Corporation from the management team. We have Mister Aakash Minda MDA, executive director, Mr Vinod Raheja; Group CFO, Mr. Samir Sharma, Senior VP and Group Head Mr. Nitesh Jain, lead Investor Relations.

I now hand over the conference to Mr Aakash Minda MDA, sir for his opening remarks.

Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.