Auto Parts & Equipment firm Minda Industries declares Q4FY22 result: Q4 FY22 Consolidated Revenue of Rs 2,415 Cr., with a QoQ and YoY growth of ~8% and ~11% respectively Q4 FY22 Consolidated EBITDA of Rs 275 Cr., with a QoQ growth of ~17% Q4 FY22 Consolidated PBT of Rs 175 Cr., with a QoQ growth of ~24% Q4 FY22 Consolidated PAT (MIL share) at Rs 144 Cr., with a Q-o-Q growth of ~43% The Board recommends final dividend at the rate of Rs 1 per equity share i.e. 50% on face value of Rs 2 each The Board recommends issue of bonus shares in the ratio of 1:1 The EBITDA for Q4 FY22 has been reported as Rs 276 Crs vis-à-vis Rs 235 Crs in Q3 FY22. Profit before tax for Q4 FY22 was at Rs 175 Crs as against Rs 141 Crs in Q3 FY22. PAT (MIL Share) for the quarter is Rs 144 Crs in Q4FY22 as against Rs 140 Crs in Q4FY21 and Rs 101 Crores in Q3FY22. The rising input costs continue to have impact on profitability and margin of the business, however the margins have shown a visible improvement vis-à-vis last quarter, i.e. Q3FY22. At a consolidated level, the company registered the highest ever quarterly performance with revenue of Rs 2,415 Cr in Q4 FY22 as against Rs 2,238 Cr for corresponding quarter i.e., Q4FY21, registering a rise of ~8%, while it grew by 11% QoQ compared to Rs 2,181 Cr in Q3FY22. Mr Nirmal K Minda, CMD, Uno Minda Group says, “Despite turbulent times for the auto industry, on the back of shortage of semi-conductors, rising input costs, geo-political tensions, your company was able to register growth in its revenues and profitability. We believe that the auto industry is at the cusp of revival, with favorable governmental policies, with more & more new product launches planned by OEM’s for the coming year, we are optimistic of demand scenario & sentiments improving going forward. UNO Minda group, with its multiple product categories & long-standing relationships with OEM’s in India & Globally are strongly poised to capitalize on this opportunity to achieve the next level of growth in our revenues & profitability. Sunil Bohra, CFO, Uno Minda Group says, “The performance for the quarter and financial year ended 31st March 2022 has been extremely encouraging, we have achieved our highest ever revenues & profitability for the quarter and financial year. This, coming at a time when the automobile sector at large is facing massive headwinds in form of pricing pressures and inflationary trends, chip shortages is a testimony to our robust performance as a pioneer in the industry.” Result PDF