Minda Corporation Profile
Key Indicators
- Authorised Capital ₹ 157.70 Cr
- Paid Up Capital ₹ 47.82 Cr
- Company Age 39 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 916.00 Cr
- Satisfied Charges ₹ 755.00 Cr
- Revenue Growth 27.08%
- Profit Growth 50.19%
- Ebitda 34.68%
- Net Worth 18.02%
- Total Assets 27.00%
About Minda Corporation
Minda Corporation Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 March 1985 and has a history of 39 years and 11 months. Its registered office is in North West Delhi, Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538962 and on the National Stock Exchange(NSE) under MINDACORP.
The Corporate was formerly known as Minda Huf Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 157.70 Cr and a paid-up capital of Rs 47.82 Cr.
The company currently has active open charges totaling ₹916.00 Cr. The company has closed loans amounting to ₹755.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Minda Corporation Limited India are Ashim Vohra as Ceo, Shri Raheja as Cfo, and Pardeep Mann as Company Secretary. Ashok Minda, Ravi Sud, Naresh Modi, and Four other members serve as directors at the Company.
Company Details
- Location
North West Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Minda Corporation Limited offer?
Minda Corporation Limited offers a wide range of products and services, including Automobile Electrical Components, Automotive Connectors, Automotive Cables, Sensors & Transducers, Level Sensors, Automobile Body Coach Building, Automotive Body Parts, Automotive Motors, Automobile Interiors & Accessories, Car Accessories.
Who are the key members and board of directors at Minda Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashim Vohra  | CEO | 12-Aug-2014 | Current |
| Shri Raheja | CFO | 04-Feb-2022 | Current |
| Pardeep Mann | Company Secretary | 01-Aug-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Sud | Director | 22-Feb-2024 | Current |
| Ashok Jha | Director | 14-Nov-2014 | Current |
| Ashok Minda | Whole-Time Director | 22-Jul-1987 | Current |
| Naresh Modi | Whole-Time Director | 11-Dec-2020 | Current |
Gajanan Gandhe  | Director | 03-Aug-2023 | Current |
| Pratima Ram | Director | 10-Nov-2016 | Current |
Financial Performance of Minda Corporation.
Minda Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.08% increase. The company also saw a substantial improvement in profitability, with a 50.19% increase in profit. The company's net worth Soared by an impressive increase of 18.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Minda Corporation?
In 2023, Minda Corporation had a promoter holding of 64.72% and a public holding of 35.27%. The company had 3 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Spark Minda FoundationAshok Minda and Naresh Modi are mutual person
Graziano Trasmissioni India Private LimitedGajanan Gandhe is a mutual person
Minda Silca Engineering Private LimitedAshok Minda is a mutual person
Gps Renewables Private LimitedPratima Ram is a mutual person
Benefitsklub Technologies Private LimitedPratima Ram is a mutual person
Victor Reinz India Private LimitedGajanan Gandhe is a mutual person
Charges (Loans)
₹916.00 Cr
₹755.00 Cr
Charges Breakdown by Lending Institutions
- Others : 415.99 Cr
- Hdfc Bank Limited : 347.00 Cr
- Citi Bank N.A. : 80.00 Cr
- Standard Chartered Bank : 73.00 Cr
- Uttar Pradesh Financial Corporation : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2023 | Hdfc Bank Limited | ₹150.00 Cr | Open |
| 16 Nov 2022 | Others | ₹100.00 Cr | Open |
| 19 Apr 2022 | Citi Bank N.A. | ₹80.00 Cr | Open |
| 18 Aug 2020 | Others | ₹75.00 Cr | Open |
| 31 Jul 2020 | Hdfc Bank Limited | ₹50.00 Cr | Open |
How Many Employees Work at Minda Corporation?
Minda Corporation has a workforce of 3061 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Minda Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Minda Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
