Minda Corporation Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Minda Corporation reported its highest ever quarterly revenue of Rs 1,846 crore in Q1 FY27, up 33.2% year-on-year, with EBITDA of Rs 212 crore and a margin of 11.5%. PAT rose 216% YoY to Rs 206 crore, aided by an exceptional gain from the consolidation of Minda VAST. Management also discussed performance at associate Flash Electronics, order book additions, and progress on new product lines including sunroofs, switches, and EV motors.
Minda Corporation reported its highest ever quarterly revenue, EBITDA and PAT in Q4 FY26, with revenue growing 29% year-on-year to Rs 1,704 crores and EBITDA rising 33% to Rs 203 crores. For the full year, revenue grew 22.3% to Rs 6,185 crores and PAT grew 40.3% to Rs 358 crores. Management also discussed the Turntide Technologies and Toyodenso joint ventures, plans to consolidate Minda VAST from FY27, and a long-term revenue target of Rs 17,500 crores by FY30.