Minda Industries Ltd.
Snapshot View

736.35 +6.80 ▲0.9%

29 July 2021, 04:00:00 P.M.
Volume: 9,495

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.mindagroup.com
Financial Indicators
Market Cap 20,296.47 Cr.
Earnings per share (EPS) 7.49 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 98.23 Trailing Twelve Months Ending 2021-03
Industry PE 88.20 Trailing Twelve Months Ending 2021-03
Book Value / Share 81.74 Trailing Twelve Months Ending 2021-03
Price to Book Value 9.00 Calculated using Price: 735.65
Dividend Yield 0.12 Period Ending 2021-03
No. of Shares Subscribed 27.59 Cr. 275,898,441 Shares
FaceValue 2
Company Profile

Minda Industries Limited (MIL) had a humble beginning in the year 1958, is the flagship Company of the UNO MINDA Group. Minda Industries are technology leader in the auto components industry, and a leading tier-1 supplier of proprietary automotive solutions to OEMs. It manufactures automobile components for Original Equipment Manufacturers (OEMs). Minda Industries Limited is a public company domiciled and headquartered in India. It was incorporated on September 16, 1992 under the Companies Act, 1956 and its shares are listed on the National Stock Exchange of India Limited and BSE Limited

Business area of the company

The company is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.

Awards

FY2017-18

  • ‘Special Support Award’ - Minda Kosei Aluminium Wheel Pvt. Ltd.
  • ‘Overall Performance And Comprehensive Excellence’ Award - Minda D-ten Pvt. Ltd.
  • ‘Supplier Business Capability Building’ Award - Mindarika Pvt Ltd.
  • ‘Delivery Management’ Award - MIL Switch Division
  • ‘Quality & Tpm’ Award - Mil Acoustic Division
  • ‘Excellence In Quality’ Award - MIL Switch Division

FY2018-19

  • The ‘Most Promising Company of this Year’ award by CNBC TV18 at the Indian Business Leader Awards.
  • The National Intellectual Property Award for the year 2019 in the category of Top Indian Company Organization for Designs.
  • Comprehensive Excellence Award from MSIL.
  • Quality Award from TKML for the lighting division
  • Quality Excellence Award to MTG and Roki Minda by MSIL.
  • ‘EY Entrepreneur of this year’ in Manufacturing category.
  • IR-Magazine award for excellence in Investor Relations.

FY2019-20

  • Most Promising Company of the Year- Indian Business Leader Awards (CNBC TV18) N K Minda - EY Entrepreneur of the Year (Manufacturing Category)
  • Special Support Award, MIL Switch Division - Suzuki
  • Delivery Management Award, M J Casting Ltd Best QCDDM Performance, Roki Minda Co. Pvt. Ltd - Honda
  • National IP Award, under the category Top Indian Company for Designs, Minda Industries Ltd.- CII
  • Quality Excellence, MIL Lighting Award - GM, Toyota

Milestone

  • 1992: Minda Industries was incorporated.
  • 1995: The company’s businesses were re-organised into Strategic Business Units (SBUs).
  • 1997: The NK Minda Group implemented TQM - PQCDSM - TPS in the group. The same year company received ISO 9001certification.  
  • 2000: The company was awarded CII-EXIM BANK Business Excellence Award.
  • 2001: Minda Industries commenced production of 2 and 3 wheeler switches at Pune. 
  • 2002-2003: The company expanded its operation by entering in ASEAN region. Bi-wheeler switch manufacturing units at Delhi were consolidated at Manesar.
  • 2002-2003: The company set-up manufacturing plants for handle bar assembly located at Waluj and Hosur. It received ISO-14001 and OHSAS 18001 certification
  • 2003-2004: The company received TS 16949 certification. The company filed for its first patent.
  • 2005-2006: The company established a manufacturing plant at Mysore for Handle Bar Assembly. It received achievement award from Honda for quality and delivery. The company set up a plant in Indonesia. It also commissioned its Pantnagar project. The company set up electronics manufacturing plant for switches located at Pune.
  • 2010: TAFE has awarded Minda Industries Limited - Lighting Division, Sonepat as a ‘SELF CERTIFIED SUPPLIER’
  • 2010: Minda Industries Limited - Acoustic Division received ‘ Outstanding Performance Award - 2010’ from Mahindra - Automotive & Farm Equipment Sectors
  • 2011: Company has signed the Joint Venture Agreement (JVA) with Kyoraku Co. Ltd., Japan and Nagase & Co. Ltd.
  • 2012: Minda Industries Limited - Switch Division received 'TPM Excellence Award' from JIPM, Japan.in 2012- Minda Industries Limited - Switch Division received 'Quality Management Awrad' from Honda- 2012: Minda Industries Limited - Switch Division received 'Best Development Award for Lever Combination Switch Development' from JCB India.
  • 2013: MIL - Acoustic Division received “Gold Quality Award” from Bajaj Auto Ltd.- MIL - Lighting division received a “Special Citation of Distinction” for a valued partnership at Tata Motors Annual Supplier’s Conference.- MIL - Lighting Division received “Silver Trophy for Overall Performance” from Maruti Suzuki India Ltd.- MIL- Switch Division received ‘Quality Achievement Award” from Polaris, USA- Minda Industries Limited - Switch Division received ''Gold Award for Quality” from India Yamaha Motors Pvt. Ltd.
  • 2014: MIL - Lamp received Tier - II Up gradation Shield from MSIL.'
  • 2014: Minda Industries signed a Joint Venture Agreement with Panasonic Corporation.
  • 2014: Switch Div. received INNOVATION AWARD from JCB UK for the ongoing work on Steer Mode Switch and Media Panel for the year 2013-14.
  • 2014: MRPL, Manesar received Vendor Up gradation Certificate from MSIL.
  • 2015: Minda Industries -Joint Venture Agreement with Kosei Group, Japan
  • 2015: Minda Industries & Kosei Aluminum Co. enters into new Joint Venture to develop, manufacture and sell Aluminum Alloy Wheels
  • 2016: The Company has signed a definitive agreement to acquire Rinder India Private Limited (RIPL), from Rinder Industrial Spain.
  • 2016:  UNO MINDA acquires global lighting business of Europe based Rinder Group
  • 2016: The Company has acquired the global lighting business of Spain-based Rinder Group for about Euro 20 million.
  • 2016: Minda Industries completed the acquisition of global business of Rinder India
  • 2017: JV with KatolecJapan for Printed Circuits Board (PCB) and box build assemblies.
  • 2018: Collaboration with Sensata; TLA for Sensors
  • 2018: Collaboration with iSYS RTS for M&A Embedded Systems
  • 2019: Collaboration with Harita for M&A Seating Systems (Transaction in process)
  • 2019: Collaboration with KPIT for Acquisition of Technical knowhow - Telematics
  • 2020: Collaboration with DAYOU Global; TLA for LPDC Alloy Wheels

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.93%
1 Week
+1.17%
1 Month
+13.48%
3 Month
+38.57%
6 Month
+61.46%
1 Year
+163.92%
2 Year
+154.58%
5 Year
+848.78%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 9.63 1.74 17.72 26.74 27.00 28.69 20.74 9.82 10.90
Return on Capital Employed (%) 11.96 6.60 17.09 22.49 20.72 24.70 21.63 11.56 12.52
Return on Assets (%) 3.51 0.56 5.64 8.40 8.40 10.61 8.37 3.57 3.88

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 309 312 365 472 1,059 1,392 1,704 1,861 2,257
Non Curr. Liab. 152 205 171 248 260 461 782 1,120 884
Curr. Liab. 383 504 513 740 931 1,367 1,478 2,317 2,530
Minority Int. 12 14 21 110 117 211 267 283 306
Equity & Liab. 857 1,035 1,071 1,570 2,368 3,431 4,231 5,581 5,977
Non Curr. Assets 449 519 522 823 1,166 1,904 2,498 3,535 3,556
Curr. Assets 407 516 549 747 1,202 1,527 1,733 2,046 2,421
Misc. Exp. not W/O
Total Assets 857 1,035 1,071 1,570 2,368 3,431 4,231 5,581 5,977

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1,340 1,706 2,232 2,527 3,386 4,471 5,908 6,222 6,374
Other Income 11 35 20 14 14 33 27 40 47
Total Income 1,351 1,741 2,252 2,541 3,400 4,504 5,935 6,263 6,421
Total Expenditure -1,247 -1,647 -2,081 -2,290 -3,012 -3,937 -5,183 -5,550 -5,649
PBIDT 104 95 171 252 388 567 752 712 772
Interest -19 -24 -25 -26 -40 -35 -63 -94 -74
Depreciation -46 -59 -83 -93 -136 -165 -234 -340 -375
Taxation -11 -8 -19 -28 -46 -98 -134 -69 -101
Exceptional Items 0 2 16 5 38 -34 2
PAT 28 5 59 111 165 308 321 175 224

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 95 42 135 146 335 362 414 1,049 343
Cash Fr. Inv. -118 -137 -39 -257 -271 -641 -825 -835 -361
Cash Fr. Finan. -5 80 -98 123 253 46 368 -96 -40
Net Change -28 -15 -2 13 317 -232 -43 117 -59
Cash & Cash Eqvt 39 24 21 34 358 126 93 264 206

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 70.79 70.79 70.79 70.79 70.79 70.79 70.88 70.87 69.85
Public 29.21 29.21 29.21 29.21 29.21 29.21 29.12 29.13 30.15
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 28 Jul 2021
Submission Of Newspapers Clippings
This is in continuation of our communication dated 26/07/2021 regarding Postal Ballot Voting Results. We are pleased to inform that the Postal Ballot Voting Results were also published in the newspapers on 27 July 2021. The newspapers clippings where in the results of our postal ballot voting published are enclosed herewith.
Mon, 26 Jul 2021
Declaration Of Results Of Postal Ballot Voting
Pursuant to Section 110 of the Companies Act 2013 read with Rule 20 & 22 of the Companies (Management and Administration) Rules 2014 and in furtherance to our letter 21 June 2021 together with we sent the copy of the Postal Ballot Notice to the exchange which has been sent to the shareholders of the Company seeking their approval for the following Resolution(s): -
(1) Appointment Of Mr. Ravi Mehra (DIN: 01651911) as a Director of the Company liable to Retire by rotation (Ordinary Resolution).
(2) Appointment of Mr. Ravi Mehra (DIN: 01651911) as a Whole Time Director designated as Deputy Managing Director of the Company (Ordinary Resolution).
(3) Re-Appointment of Ms. Pravin Tripathi (DIN: 06913463) as an Independent Director of the Company (Special Resolution)
(4) Re-Appointment of Mr. Krishan Kumar Jalan (DIN: 01767702) as an Independent Director of the Company (Special Resolution).
(5) Raising of funds upto Rs. 700 crores through issue of securities (Special Resolution).
Mon, 26 Jul 2021
Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Minda Industries Ltd has informed BSE regarding the details of Voting results of Postal Ballot under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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