Slide 1: Minda Corporation Limited FY2016 Consolidated Earnings Presentation
INVESTOR CAPABILITY LEADERSHIP BUSINESS COMMUNITY RELATIONS BUILDING DEVELOPMENT PROFITABILITY EMPOWERMENT Safety, Security and Restraint Systems Driver Information and Minda Corporation Limited Telematics Systems (NSE: MINDACORP; BSE: 538962) FY2016 Consolidated Earnings Presentation May 27, 2016 I
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 Total Revenue increased by 24.1% to Rs. 24,455 million FY2016 vs. EBITDA increased by 17.8% to Rs. 2,436 million FY2015 Profit after Tax increased by 19.8% to Rs. 1,073 million (Consolidated) Net Debt / Equity ratio of 0.80x (FY2015: 0.98x) Q4 FY2016 Total Revenue incr
Slide 4: Management Commentary
Management Commentary Strong performance amidst an uncertain recovery in the domestic automotive industry “FY2015-16 has been a very rewarding year for Minda Corp on all fronts. We not only grew the business with some of our existing customers, but also tapped on new growth opportunities. These effo
Slide 5: Recent Developments
Recent Developments Significant Corporate Developments Minda Corp acquired Panalfa Autoelektrik Ltd, based in Haryana, in April 2016. It manufactures Starter Motors and Alternators As a part of the continuous R&D initiatives, eleven patents were filed including one in Indonesia, Thailand and Vie
Slide 6: Acquisition of Panalfa Autoelektrik Ltd
Acquisition of Panalfa Autoelektrik Ltd Overview Key Customers • Incorporated in 2007 as Indo Czech JV promoted by Panalfa Automotive & Magneton • Primarily manufactures ‘Starter Motors’ and ‘Alternators’ • End Markets: Commercial Vehicles, Agriculture Machinery, Construction Equipment and Automotiv
Slide 7: Industry Overview
Industry Overview Passenger Vehicles – Domestic Sales Commercial Vehicles – Domestic Sales 16.0% 14.6% 30.0% 12.0% 20.0% 11.0% 8.0% 6.2% 6.3% 15.0% 9.5% 3.8% 4.0% 4.9% 3.6% 2.5% 0.0% 0.0% Q1 CY15 Q2 CY15 Q3 CY15 Q4 CY15 Q1 CY16 Q1 CY15 Q2 CY15 Q3 CY15 Q4 CY15 Q1 CY16 Y-o-Y Growth (%) Y-o-Y Growth (%
Slide 8: Consolidated Financial Performance
Consolidated Financial Performance Key Financial Statistics Q4 y-o-y Full Year ended y-o-y (Rs. Million) FY2016 FY2015 Growth (%) FY2016 FY2015 Growth (%) Total Revenue 6,447 4,918 31.1% 24,455 19,706 24.1% EBITDA 545 523 4.3% 2,436 2,069 17.8% Margin (%) 8.5% 10.6% 10.0% 10.5% Profit After Tax (PAT
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Revenue (Rs. million) EBITDA (Rs. million) and Margin (%) 24,455 19,706 2,436 2,069 10.6% 10.5% 10.0% 8.5% 6,447 4,918 545 523 Q4 FY15 Q4 FY16 FY2015 FY2016 Q4 FY15 Q4 FY16 FY2015 FY2016 PAT (Rs. million) and Margin (%) 1,073 895 5.4% 4.1% 4.5% 4.4% 264 264 Q4 FY15
Slide 10: Consolidated Revenue Metrics
Consolidated Revenue Metrics Revenue Breakdown by Product Category Revenue Breakdown by Geography 16% 16% 7% 5% 5% 22% 16% 16% 41% 39% 39% 22% FY2015 FY2016 FY2015 FY2016 45% 71% 37% 45% 79% 79% Safety Security & Restraint Systems Driver Information & Telematics Systems Interior Systems India Europe
Slide 11: Capital Structure
Capital Structure Particulars (Rs. million) 31 Mar 16 30 Sep 15 Net Debt / EBITDA(x) & Net Debt / Net Worth(x) Short Term Borrowings 4,014 3,388 2.21x Long Term Borrowings 1,416 1,531 1.87x Total Debt 5,430 4,919 0.98x Less: Cash & Cash 0.80x 882 395 Equivalents Net Debt / (Net Cash) 4,548 4,524 FY2
Slide 12: Key Growth Drivers
Key Growth Drivers Focused approach to tap potential growth opportunities Incremental demand for high value add products such as ABS wiring harness, SRC for 1. airbags and Immobiliser systems led by increased focus on road safety Increasing content of electronics and sensors in the vehicles offers g
Slide 13: Minda Corporation Limited
Investor Relations Contact Minda Corporation Limited (CIN: L74899DL1985PLC020401) Deepak Balwani deepak.balwani@minda.co.in Corporate Office: Plot No: 68, Echelon Minda Corporation +91 124 4698485 Institutional Area, Sector-32, Gurgaon-122001, Haryana (India). Tel: +91-124-4698400; Fax: +91-124-4698