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Minda Corporation Limited β Q1FY27 Earnings Call Summary
Key Takeaways
- Capex guidance ~400 Cr for FY27, spread across business verticals
- Q1 FY27 revenue 1846 Cr +33.2% YoY; EBITDA 212 Cr +35.4% YoY; margin 11.5%; PAT 206 Cr +216% YoY
- Flash Electronics targets 20-24% growth with 16-17% margin long term
- Wiring harness and instrument cluster divisions grew 30-35% YoY; growth expected to continue
- SOPs for Turntide motor controller and sunroof business on track for Q3/Q4 FY27
- Management confident of achieving Vision 2030 targets with focus on premiumization, exports, and R&D
- Order book lifetime ~2500 Cr; new product launches and JV investments ongoing
- Export order book ~8-10% of total; Flash exports 12-15%; international revenue 10%
- Passenger vehicle revenue share increased to 19%, with margin improvement at Minda VAST
- EV revenue at group level ~14%, with 40% YoY growth at Minda Corp and 90% at Flash Electronics
π Source: View original transcript (PDF)
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Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.