Integrated Filing — IndAS



General information about company
Scrip Code 538962
NSE Symbol MINDACORP
MSEI Symbol NA
ISIN INE842C01021
Name of company Minda Corporation Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Automotive
Start date and time of board meeting 27-May-2025   11:00:00
End date and time of board meeting 27-May-2025   14:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 13212600000 50562200000
Other income 33300000 324100000
Total income 13245900000 50886300000
2 Expenses
(a) Cost of materials consumed 7935200000 30558400000
(b) Purchases of stock-in-trade 191400000 949700000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 30200000 -43400000
(d) Employee benefit expense 2021400000 7825000000
(e) Finance costs 345000000 672400000
(f) Depreciation, depletion and amortisation expense 568100000 2043100000
(f) Other Expenses
1 Other expenses 1505600000 5524500000
Total other expenses 1505600000 5524500000
Total expenses 12596900000 47529700000
3 Total profit before exceptional items and tax 649000000 3356600000
4 Exceptional items 0 0
5 Total profit before tax 649000000 3356600000
6 Tax expense
7 Current tax 177600000 956400000
8 Deferred tax 54100000 8200000
9 Total tax expenses 231700000 964600000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 417300000 2392000000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 103000000 161700000
16 Total profit (loss) for period 520300000 2553700000
17 Other comprehensive income net of taxes -17400000 -11200000
18 Total Comprehensive Income for the period 502900000 2542500000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 520300000 2553700000
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 502900000 2542500000
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 478200000 478200000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 21543600000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.21 10.85
Diluted earnings (loss) per share from continuing operations 2.18 10.68
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.21 10.85
Diluted earnings (loss) per share from continuing and discontinued operations 2.18 10.68
24 Debt equity ratio 0.0061 0.0061
25 Debt service coverage ratio 0.0083 0.0273
26 Interest service coverage ratio 0.0415 0.0784
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 13469500000
Capital work-in-progress 648200000
Investment property 0
Goodwill 929700000
Other intangible assets 675100000
Intangible assets under development 204000000
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 14756400000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 268100000
Total non-current financial assets 15024500000
Deferred tax assets (net) 93900000
Other non-current assets 1007600000
Total non-current assets 32052500000
2 Current assets
Inventories 5807800000
Current financial asset
Current investments 0
Trade receivables, current 8275300000
Cash and cash equivalents 758500000
Bank balance other than cash and cash equivalents 207700000
Loans, current 50000000
Other current financial assets 1008100000
Total current financial assets 10299600000
Current tax assets (net) 0
Other current assets 671100000
Total current assets 16778500000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 48831000000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 478200000
Other equity 21543600000
Total equity attributable to owners of parent 22021800000
Non controlling interest
Total equity 22021800000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 4208600000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 2270400000
Total non-current financial liabilities 6479000000
Provisions, non-current 541600000
Deferred tax liabilities (net) 118500000
Deferred government grants, Non-current
Other non-current liabilities 45300000
Total non-current liabilities 7184400000
Current liabilities
Current financial liabilities
Borrowings, current 9237700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 337600000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7952900000
Total Trade payable 8290500000
Other current financial liabilities 1490700000
Total current financial liabilities 19018900000
Other current liabilities 474600000
Provisions, current 100700000
Current tax liabilities (Net) 30600000
Deferred government grants, Current
Total current liabilities 19624800000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 26809200000
Total equity and liabilites 48831000000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/(loss) on defined benefit obligation for holding and subsidiaries 200000 3700000
Total Amount of items that will not be reclassified to profit and loss 200000 3700000
2 Income tax relating to items that will not be reclassified to profit or loss 300000 1500000
3 Amount of items that will be reclassified to profit and loss
1 Exchange difference on translating the financial statements of continuing foreign operations -17300000 -13400000
Total Amount of items that will be reclassified to profit and loss -17300000 -13400000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -17400000 -11200000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3356600000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 672400000
Adjustments for decrease (increase) in inventories -539300000
Adjustments for decrease (increase) in trade receivables, current -276100000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -57700000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1663500000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 2043100000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -316800000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 75600000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -6400000
Adjustments for dividend income 0
Adjustments for interest income 64800000
Adjustments for share-based payments 1300000
Adjustments for fair value losses (gains) -197400000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 26000000
Other adjustments for non-cash items 4500000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 3027900000
Net cash flows from (used in) operations 6384500000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 941100000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 5443400000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 79700000
Purchase of property, plant and equipment 3500600000
Proceeds from sales of investment property 11982700000
Purchase of investment property 22714200000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 10000000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 75900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -14086500000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 10707400000
Repayments of borrowings 742900000
Payments of lease liabilities 1267000000
Dividends paid 329500000
Interest paid 482800000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 7885200000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -757900000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -757900000
Cash and cash equivalents cash flow statement at beginning of period 1516400000
Cash and cash equivalents cash flow statement at end of period 758500000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. BATLIBOI & Co. LLP Yes 31-Jul-2027