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MINDA CORPORATION
Quarterly Results Analysis [Dec2023]

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MINDA CORPORATION Quarterly Results

Consolidated Dec2023
UnAudited
Sep2023
UnAudited
Jun2023
UnAudited
Mar2023
Audited
Dec2022
UnAudited
Sep2022
UnAudited
Jun2022
UnAudited
Mar2022
Audited
Revenues ₹1,166 Cr ₹1,196 Cr ₹1,075 Cr ₹1,075 Cr ₹1,068 Cr ₹1,147 Cr ₹1,010 Cr ₹948 Cr
Expenses ₹1,036 Cr ₹1,065 Cr ₹960 Cr ₹958 Cr ₹954 Cr ₹1,023 Cr ₹904 Cr ₹840 Cr
Operating Income ₹130 Cr ₹131 Cr ₹115 Cr ₹117 Cr ₹114 Cr ₹124 Cr ₹107 Cr ₹108 Cr
Other Income ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr ₹5 Cr ₹4 Cr ₹4 Cr ₹5 Cr
Interest ₹14 Cr ₹15 Cr ₹14 Cr ₹12 Cr ₹11 Cr ₹10 Cr ₹8 Cr ₹7 Cr
Depreciation ₹42 Cr ₹41 Cr ₹39 Cr ₹39 Cr ₹34 Cr ₹34 Cr ₹32 Cr ₹33 Cr
Profit Before Tax ₹76 Cr ₹77 Cr ₹63 Cr ₹69 Cr ₹74 Cr ₹85 Cr ₹71 Cr ₹72 Cr
Profit After Tax ₹51 Cr ₹58 Cr ₹47 Cr ₹124 Cr ₹54 Cr ₹63 Cr ₹53 Cr ₹76 Cr
EPS ₹2.20 ₹2.46 ₹1.89 ₹5.10 ₹2.19 ₹2.42 ₹2.20 ₹3.17
Industry Peers & Returns1W1M1Y
MINDA CORPORATION 5.7% -6.8% 106.4%
BOSCH 2.9% 8.5% 63.9%
SAMVARDHANA MOTHERSON INTERNATIONAL 5.4% 1.4% 77.3%
SONA BLW PRECISION FORGINGS 7.1% 7.8% 69.2%
UNO MINDA 6.5% 2.9% 43.8%
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA -5% 4.8% 52.3%
ENDURANCE TECHNOLOGIES -1.2% -4.3% 41.9%
JBM AUTO -5.4% -18.7% 201.4%
TVS HOLDINGS NA NA NA

MINDA CORPORATION Quarterly Revenues

Revenues
Q-o-Q

-2.51 %

Y-o-Y

9.13 %

Quarters Revenues % Change
Dec2023 ₹1,166 Cr
-2.51
Sep2023 ₹1,196 Cr
11.29
Jun2023 ₹1,075 Cr
0.00
Mar2023 ₹1,075 Cr
0.59
Dec2022 ₹1,068 Cr
-6.87
Sep2022 ₹1,147 Cr
13.54
Jun2022 ₹1,010 Cr
6.59
Mar2022 ₹948 Cr -

MINDA CORPORATION Quarterly Operating Profit

Operating Profit
Q-o-Q

-1.10 %

Y-o-Y

13.82 %

Quarters Operating Profit % Change
Dec2023 ₹130 Cr
-1.10
Sep2023 ₹131 Cr
14.52
Jun2023 ₹115 Cr
-1.94
Mar2023 ₹117 Cr
2.48
Dec2022 ₹114 Cr
-7.86
Sep2022 ₹124 Cr
16.15
Jun2022 ₹107 Cr
-1.04
Mar2022 ₹108 Cr -
Operating Margins
Q-o-Q

1.46 %

Y-o-Y

4.31 %

Quarters Operating Margin% % Change
Dec2023 11.14%
1.46
Sep2023 10.98%
2.91
Jun2023 10.67%
-1.93
Mar2023 10.88%
1.87
Dec2022 10.68%
-1.11
Sep2022 10.8%
2.37
Jun2022 10.55%
-7.21
Mar2022 11.37% -

MINDA CORPORATION Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

-12.85 %

Y-o-Y

-6.69 %

Quarters Profit After Tax % Change
Dec2023 ₹51 Cr
-12.85
Sep2023 ₹58 Cr
25.12
Jun2023 ₹47 Cr
-62.42
Mar2023 ₹124 Cr
127.72
Dec2022 ₹54 Cr
-13.78
Sep2022 ₹63 Cr
19.38
Jun2022 ₹53 Cr
-29.96
Mar2022 ₹76 Cr -
PAT Margins
Q-o-Q

-10.47 %

Y-o-Y

-14.51 %

Quarters PAT Margin(%) % Change
Dec2023 4.36 %
-10.47
Sep2023 4.87 %
12.47
Jun2023 4.33 %
-62.48
Mar2023 11.54 %
126.27
Dec2022 5.1 %
-7.27
Sep2022 5.5 %
5.16
Jun2022 5.23 %
-34.38
Mar2022 7.97 % -

MINDA CORPORATION Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

-10.57 %

Y-o-Y

0.46 %

Quarters EPS % Change
Dec2023 ₹2.2
-10.57
Sep2023 ₹2.46
30.16
Jun2023 ₹1.89
-62.94
Mar2023 ₹5.1
132.88
Dec2022 ₹2.19
-9.50
Sep2022 ₹2.42
10.00
Jun2022 ₹2.2
-30.60
Mar2022 ₹3.17 -

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