Slide 1: Q2 FY2016 Consolidated Earnings Presentation
Safety, Security and Restraint Systems Minda Corporation Limited (NSE: MINDACORP; BSE: 538962) Driver Information and Telematics Systems Q2 FY2016 Consolidated Earnings Presentation November 04, 2015 Interior Systems Leading automotive component and flagship company of Spark Minda, Ashok Minda Group
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 Q2 FY2016 Total Revenue increased by 27.2% Y-o-Y to Rs. 6,162 million vs. Q2 FY2015 EBITDA increased by 30.4% Y-o-Y to Rs. 638 million; Margins grew 26 bps (Consolidated) Profit after Tax increased by 33.7% to Rs. 291 million, Margins expanded by 23 bps Total Revenue inc
Slide 4: Management Commentary
Management Commentary Striving towards business and financial excellence “I am pleased to present our Q2 FY2016 results with a sense of pride and optimism. The sense of pride stems from the robust improvement across all financial metrics. During the quarter, we achieved a topline growth of 27.2% y-o
Slide 5: Recent Corporate Developments
Recent Corporate Developments Corporate Social Responsibility: Spark Minda Foundation (SPV for Group CSR activities) Business Integrated • Partnered with Yerwada Jail for on the job training of inmates • After the 1st initiative at Tihar Jail by Minda Furukawa, this is the 2nd PPP model program in I
Slide 6: Industry Overview
Industry Overview Passenger Vehicles – Domestic Sales Commercial Vehicles – Domestic Sales 15.0% 15.0% 9.5% 10.0% 10.0% 4.6% 5.5% 7.3% 6.2% 6.3% 5.0% 3.6% 5.0% 2.6% 4.0% 0.0% (5.0%) (3.8%) 0.0% Q3 CY14 Q4 CY14 Q1 CY15 Q2 CY15 Q3 CY15 Q3 CY14 Q4 CY14 Q1 CY15 Q2 CY15 Q3 CY15 2 Wheelers – Domestic Sale
Slide 7: Consolidated Financial Performance
Consolidated Financial Performance Key Financial Statistics Q2 y-o-y Q1 q-o-q H1 y-o-y (Rs. Million) FY2016 FY2015 Growth (%) FY2016 Growth (%) FY2016 FY2015 Growth (%) Total Revenue 6,162 4,846 27.2% 5,281 16.7% 11,443 9,429 21.4% EBITDA 638 489 30.4% 502 27.0% 1,140 930 22.5% Margin (%) 10.3% 10.1
Slide 8: Consolidated Financial Performance
Consolidated Financial Performance Revenue (Rs. million) EBITDA (Rs. million) and Margin (%) 1,140 11,443 930 9,429 489 638 6,162 4,846 10.3% 9.9% 10.0% 10.1% Q2 FY15 Q2 FY16 H1 FY15 H1 FY16 Q2 FY15 Q2 FY16 H1 FY15 H1 FY16 PBT (Rs. million) and Margin (%) PAT (Rs. million) and Margin (%) 493 6.6% 68
Slide 9: Consolidated Revenue Metrics
Consolidated Revenue Metrics Revenue Breakdown by Product Category Revenue Breakdown by Businesses 100% 100% 23% 24% 18% 20% 17% 35% 31% 32% 30% 30% 80% 80% 42% 39% 43% 34% 37% 60% 60% 69% 68% 70% 70% 65% 40% 40% 43% 39% 40% 41% 40% 20% 20% 0% 0% Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16 Q2 FY16 Q2 FY15 Q3 FY
Slide 10: Capital Structure
Capital Structure Particulars (Rs. million) 30 Sep 15 31 Mar 15 Net Debt / EBITDA(x) & Net Debt / Net Worth(x) Short Term Borrowings 3,388 3,212 2.17x 2.01x Long Term Borrowings 1,531 1,807 Total Debt 4,919 5,018 0.98x 0.87x Less: Cash & Cash 395 441 Equivalents Net Debt / (Net Cash) 4,524 4,577 FY2
Slide 11: Business Overview – Company Background
Business Overview – Company Background Minda Corporation is the flagship company of Spark Minda, Ashok Minda Group Diversified Business Segments Catering to End Market across Auto Strategic Geographic Presence Industry CARS M&HCV Czech Republic Germany Poland Japan India LCV 2/3 Wheelers Vietnam Ind
Slide 12: Business Overview – Product Categories
Business Overview – Product Categories Diversified Product Portfolio Category Product Porfolio Company Products Group Corp Corporate Office • Minda Management Services Ltd. • Minda Corporation Ltd. Electronic & Mechanical locks, Door Safety Security handles, Die casting parts, Latches, • Minda VAST
Slide 13: Business Overview – Corporate Structure
Business Overview – Corporate Structure Organisation Structure* Minda Corporation Minda SAI Minda Automotive Minda Management Minda KTSN Minda Furukawa Spark Minda Plastic Germany (100%) (100%) Services (100%) Electric (51%) Foundation (100%) (100%) Minda VAST Minda Stoneridge Minda KTSN, Access Sys
Slide 14: Minda Corporation Limited
Minda Corporation Limited (CIN: L74899DL1985PLC020401) Deepak Balwani deepak.balwani@minda.co.in Minda Corporation +91 124 4698400 Corporate Office: Plot No: 68, Echelon Institutional Area, Sector-32, Gurgaon-122001, Haryana (India). Tel: +91-124-4698400; Fax: +91-124-4698450 Ankit Aggarwal / Jitesh