Company Minda Corporation Limited

Equities

MINDACORP

INE842C01021

Auto, Truck & Motorcycle Parts

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Minda Corporation Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Auto, Truck & Motorcycle Parts

Delayed NSE India S.E. Other stock markets 12:15:00 2024-04-30 am EDT			5-day change	1st Jan Change
413.9 ^INR	+0.66%		+0.13%	+7.16%

Apr. 19	Uno Minda Gets Board Nod For INR10 Billion Bond Placement	MT
Apr. 15	Uno Minda Raises INR1 Billion Via Commercial Papers	MT

Minda Corporation Limited is an India-based company engaged in manufacturing automotive components. The Company is primarily engaged in the manufacturing and assembly of safety and security systems and their associated components for the automotive industry. Its diverse product portfolio includes mechatronics and vehicle access systems, wiring harness, interior plastics division, advanced technologies and aftermarket. Its mechatronics include ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. Its aftermarket products include helmets, fiber parts, wiper blades, ball bearings, two-wheeler air filters and lubricants. It offers its products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three wheelers, passenger vehicles, commercial vehicles and off-road vehicles.

Number of employees: 2,943

INR in Million	2022	Weight	2023	Weight	Delta
Automotive Components and Parts - Manufactured Goods 92.6 %	27,272	91.6 %	39,814	92.6 %	+45.99%
Automotive Components and Parts - Traded Goods 5.7 %	1,994	6.7 %	2,465	5.7 %	+23.62%
Technical Know How and Service Income 0.7 %	259	0.9 %	282	0.7 %	+8.88%
Government Incentive 0.5 %	-	-	207	0.5 %	-
Scrap 0.3 %	143	0.5 %	123	0.3 %	-13.99%
Duty Drawback and Other Export Incentives 0.2 %	76	0.3 %	86	0.2 %	+13.16%
Liabilities/Provisions No Longer Required Written Back 0.0 %	-	-	13	0.0 %	-
Other 0.0 %	6	0.0 %	8	0.0 %	+33.33%
Job Work 0.0 %	6	0.0 %	3	0.0 %	-50.00%

INR in Million	2022	Weight	2023	Weight	Delta
India 83.2 %	24,802	83.3 %	35,797	83.2 %	+44.33%
Asia (excluding India) 8.3 %	1,794	6.0 %	3,551	8.3 %	+97.94%
Europe 6.8 %	2,548	8.6 %	2,915	6.8 %	+14.40%
America 1.7 %	615	2.1 %	738	1.7 %	+20.00%

Managers	Title	Age	Since
Ashok Minda CEO	Chief Executive Officer	62	87-07-21
Vinod Raheja DFI	Director of Finance/CFO	55	22-02-03
Suresh D. CTO	Chief Tech/Sci/R&D Officer	-	-
Pardeep Mann CMP	Compliance Officer	-	20-07-31
Ashim Vohra COO	Chief Operating Officer	-	-
Aakash Minda BRD	Director/Board Member	-	20-11-04
Naresh Kumar Modi BRD	Director/Board Member	67	20-12-10
Pushpa Mani IRC	Investor Relations Contact	-	-
Anshul Saxena PRN	Corporate Officer/Principal	-	-
Ajay Singhroha HRO	Human Resources Officer	-	-

Members of the board	Title	Age	Since
Rakesh Chopra BRD	Director/Board Member	73	10-05-26
Avinash Prakash Gandhi BRD	Director/Board Member	84	06-01-27
Ashok Minda CEO	Chief Executive Officer	62	87-07-21
Ashok Kumar Jha BRD	Director/Board Member	77	14-11-13
Pratima Ram BRD	Director/Board Member	72	16-11-09
Naresh Kumar Modi BRD	Director/Board Member	67	20-12-10
Aakash Minda BRD	Director/Board Member	-	20-11-04

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	235,280,911	65,041,033 ( 27.64 %)	0	27.64 %

Name	Equities	%	Valuation
Ashok Minda 34.08 %	81,466,380	34.08 %	408 M ₹
Minda Capital Pvt Ltd. 16.14 %	38,581,298	16.14 %	193 M ₹
Minda Sarika 13.97 %	33,394,900	13.97 %	167 M ₹
Axis Asset Management Co. Ltd. 5.733 %	13,706,599	5.733 %	69 M ₹
Phi Capital Management LLP 4.959 %	11,857,143	4.959 %	59 M ₹
Bela Agarwal 4.540 %	10,853,300	4.540 %	54 M ₹
quant Money Managers Ltd. 2.797 %	6,688,077	2.797 %	34 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 2.413 %	5,769,497	2.413 %	29 M ₹
Kotak Mahindra Asset Management Co. Ltd. 2.000 %	4,782,122	2.000 %	24 M ₹
Motilal Oswal Asset Management Co. Ltd. 1.837 %	4,392,681	1.837 %	22 M ₹

Minda Corp. Ltd.

D-6-11, Sector 59

201301, Noida

+91 12 0478 7100

http://www.sparkminda.com

address Minda Corporation Limited(MINDACORP)

Name	Category and Sector
Minda SAI Ltd. Minda SAI Ltd. Electrical ProductsProducer Manufacturing Minda SAI Ltd. manufactures wiring harnesses, battery cables, wiring sets, connectors, terminals, and interior plastic components. It offers wiring harness solutions and wire set solutions. The company was founded in May 2003 and is headquartered in Noida, India.	Electrical Products
Minda Autoelektrik Ltd. Minda Autoelektrik Ltd. Electrical ProductsProducer Manufacturing Part of Minda Corp. Ltd., Minda Autoelektrik Ltd. is an Indian company that manufactures and supplies starter motors and alternators. The private company is based in New Delhi, India and was founded in 2007.	Electrical Products

Trading Rating

Investor Rating

ESG Refinitiv

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Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

411.2 INR

Average target price

473 INR

Spread / Average Target

+15.03%

Consensus

Estimates Revisions

Company calendar

Consumer Cyclicals

Automobiles & Auto Parts

Automobiles & Auto Parts

Auto, Truck & Motorcycle Parts

Other Auto, Truck & Motorcycle Parts

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Other Auto, Truck & Motorcycle Parts