Minda Corporation Ltd - EBITDA/PAT Beats Estimates Amid Challenging Industry Scenario
Robust EBITDA margins: On the back of a richer product mix led by premium 2Ws (both ICE and EV), better operating efficiencies, streamlining fixed...
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Minda Corporation Ltd - EBITDA/PAT Beats Estimates; Strong Orderbook To Drive Growth
Revenue (inline) grew by 11% YoY, led by increased production volumes in the 3W/2W/PV segment, partly offset by lower volumes in the CV/Tractor...
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Pick of the Week: Minda Corporation Ltd - 18 JUNE 2024
The $610 Mn Group, with a workforce of more than 16,000, has several JVs with leading companies from the USA, Japan, Italy, Uzbekistan, and China.
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Minda Corporation Ltd - Revenue/EBITDA Inline; Orderbook Remains Strong
New order wins: During the quarter, the company secured lifetime orders worth ~Rs. 2,000 Cr with EV constituting over 30% of the orders won.
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Top Sector Ideas - Auto and Auto Ancillaries - (Q1FY25)
The companies under our coverage reported Revenue/EBITDA/PAT growth of 11%/30%/28% YoY, surpassing expectations of 10%/24%/21%.
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