Slide 1: Minda Corporation Limited Q3 FY2015 Consolidated Earnings Presentation
Safety, Security and Restraint Systems Minda Corporation Limited (NSE: MINDACORP) Driver Information and Telematics Systems Q3 FY2015 Consolidated Earnings Presentation February 13, 2015 Interior Systems 1 Minda Corporation – Q3 FY2015 Earnings Presentation
Slide 2: Important Notice
Important Notice This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Minda Corporation Limited (“Minda Corp” or the Company) future busi
Slide 3: Financial Highlights
Financial Highlights Highlights – Q3 FY2015 vs. Q3 FY2014 Total Revenue increased by 36.1% Y-o-Y to Rs. 5,359 million EBITDA increased by 73.1% Y-o-Y to Rs. 560 million; margins expanded by 224 bps Profit after Tax increased by 91.0% to Rs. 240 million, margins expanded by 129 bps Net Debt o
Slide 4: Investment Highlights
Investment Highlights Compelling Competitive Industry Dynamics Best in class operations Blue chip Customers Position • Technological • Emerging economies • 28 plants globally, 24 advancement and have seen rising in India, 1 each in R&D to increase market demand for Poland, Germany, share and additio
Slide 5: Recent Corporate Developments
Recent Corporate Developments Corporate Social Responsibility: Spark Minda Foundation (SPV for Group CSR activities) Business integrated • Partnered with Tihar Jail for on-the job training of jail inmates • This is the 1st PPP model program in Automobile Industry • Stakeholders – Minda Furukawa, Tih
Slide 6: Industry Overview
Industry Overview Passenger Vehicles – Domestic Production Commercial Vehicles – Domestic Production 4.9% 4.8% 3.1% 1.8% 2.8% (6.1%) (19.7%) (8.0%) (21.2%) (15.4%) Q4 CY13 Q1 CY14 Q2 CY14 Q3 CY14 Q4 CY14 Q4 CY13 Q1 CY14 Q2 CY14 Q3 CY14 Q4 CY14 Y-o-Y Growth (%) Y-o-Y Growth (%) 2/3 Wheelers – Domesti
Slide 7: Financial Performance
Financial Performance Key Financial Statistics Q3 y-o-y Q2 q-o-q Nine months ended y-o-y (Rs. Million) FY2015 FY2014 Growth (%) FY2015 Growth (%) FY2015 FY2014 Growth (%) Total Revenue 5,359 3,938 36.1% 4,846 10.6% 14,788 11,370 30.1% EBITDA 560 324 73.1% 454 23.3% 1431 847 68.9% Margin (%) 10.5% 8.
Slide 8: Financial Performance
Financial Performance Revenue (Rs. million) EBITDA (Rs. million) and Margin (%) 560 5,359 4,846 454 4,570 4,584 410 416 3,938 324 9.1% 9.4% 10.5% 8.2% 9.0% Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Note: 1. Profit from associates have been re- categorized as inc
Slide 9: Revenue Metrics
Revenue Metrics Revenue Breakdown by Product Category Revenue Breakdown by Businesses 100% 27% 26% 24% 23% 24% 100% 80% 41% 36% 34% 35% 31% 80% 30% 33% 34% 34% 37% 60% 60% 66% 69% 64% 65% 40% 59% 43% 41% 42% 43% 39% 40% 20% 20% 0% Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 0% Interior Systems Q3 FY14 Q
Slide 10: Capital Structure
Capital Structure Particulars (Rs. million) 31 Dec 14 31 Mar 14 Net Debt / EBITDA(x) & Total Debt / Net Worth(x) 3.8x Short Term Borrowings 3.5x 2,620 2,789 Long Term Borrowings 2,277 2,097 2.2x 2.3x Total Debt 4,897 4,886 1.3x 1.3x 1.1x 1.2x Less: Cash & Cash 562 540 Equivalents Net Debt / (Net Cas
Slide 11: Minda Corp: Company Overview
Minda Corp: Company Overview • Leading automotive component and flagship company of SPARK MINDA, Ashok Minda Group, which was founded in 1958 by Late Shri S. L. Minda • A diversified product portfolio that encompasses Safety, Security & Restraint Systems (39%); Driver Information & Telematics System
Slide 12: Product Portfolio
Product Portfolio Diversified Product Portfolio Group Corp Corporate Office • Minda Management Services Ltd. • Minda Corporation Ltd. Electronic & Safety • Minda Valeo Security Systems Pvt. Mechanical locks, Security Ltd. Door handles, Die and casting parts, • PT Minda Automotive Indonesia Restraint
Slide 13: Minda Corp: Global Footprint
Minda Corp: Global Footprint Europe (3) India (24) South East Asia (3) Russia Japan Poland (1) Delhi / NCR (1) (1) Uttarakhand (9) (3) Vietnam MP (1) (1) Germany Maharashtra (1) (6) Indonesia (1) Manufacturing Facilities Tamil Nadu (5) Representative offices Driver Information Safety and Security In
Slide 14: Minda Corporation Limited
Minda Corporation Limited (CIN: L74899DL1985PLC020401) Ajay Sancheti asancheti@minda.co.in Minda Corporation +91 124 4698400 Corporate Office: D-6-11, Sector-59, Noida -201301, Distt. G.B. Nagar U.P. (India). Phone: +91 120 4787100; Fax: +91 120 4787200 Deepak Balwani Registered Office: 36A, Rajasth