Slide 1: Minda Corporation Limited Q1 FY2017 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) Q1 FY2017 Consolidated Earnings Presentation August 10,
Slide 2: Financial Highlights
Financial Highlights Consolidated Highlights – Q1 FY2016-17 vs. Q1 FY2015-16 Total Revenue increased by 31.7% Y-o-Y to Rs. 6,954 million EBITDA increased by 27.5% Y-o-Y to Rs. 626 million; Margins stood at 9.0% Profit after Tax increased by 22.9% to Rs. 249 million, Margins stood at 3.6% Net
Slide 3: Recent Developments
Recent Developments Significant Corporate Developments • Inorganic Growth: In April 2016, acquired Panalfa Autoelektrik Ltd based in Haryana, manufacturer of Starter Motors and Alternators • Additional Greenfield Capacities: • Manufacturing plant at Querétaro, Mexico (space: approx. 8300 sq meter),
Slide 4: Analyst Plant Visit
Analyst Plant Visit First Plant Visit organized in Pune, Maharashtra for Equity Capital Markets Minda Corporation organized its first ever plant visit on 8th July 2016 for research analysts The plant visit included group companies – Minda Stoneridge Instruments Limited; Minda Corporation Limited
Slide 5: Acquisition of Panalfa Autoelektrik Ltd
Acquisition of Panalfa Autoelektrik Ltd Overview Key Customers • Acquired Panalfa Autoelektrik (Haryana) in April 2016 • Renamed as ‘Minda Autoelektrik Limited' wef 03 June 2016 • Incorporated in 2007 as Indo Czech JV promoted by Panalfa Automotive & Magneton • Primarily manufactures ‘Starter Motors
Slide 6: Consolidated Financial Performance
Consolidated Financial Performance Key Financial Statistics Q1 y-o-y (Rs. Million) FY2017 FY2016 Growth (%) Total Revenue 6,954 5,281 31.7% EBITDA 626 491 27.5% Margin (%) 9.0% 9.3% Profit After Tax (PAT) 249 202 22.9% Margin (%) 3.6% 3.8% Basic EPS (Rs.) 1.19 0.97 22.9% Highlights – Q1 FY2017 vs. Q
Slide 7: Consolidated Financial Performance
Consolidated Financial Performance Revenue (Rs. million) EBITDA (Rs. million) and Margin (%) 6,954 626 491 5,281 9.3% 9.0% Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 PAT (Rs. million) and Margin (%) 249 202 3.8% 3.6% Q1 FY16 Q1 FY17 7 Minda Corporation – Q1 FY2017 Earnings Presentation
Slide 8: Consolidated Revenue Metrics
Consolidated Revenue Metrics Revenue Breakdown by Product Category Revenue Breakdown by Geography 5% 20% 6% 14% 41% 13% 38% 20% Q1 FY2016 Q1 FY2017 Q1 FY2016 Q1 FY2017 48% 74% 39% 82% Safety Security & Restraint Systems India Europe South East Asia Safety Driver Information & Telematics Security & S
Slide 9: Capital Market Data
Capital Market Data One Year Share Price Performance 150 4.0 Rebased to Minda Corp's ' Price 140 3.5 130 3.0 120 2.5 Millions 110 2.0 100 1.5 90 80 1.0 70 0.5 60 0.0 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Vol Minda Corp 39.3% BSE Auto 9.6% Market Data (9t
Slide 10: Capital Structure
Capital Structure Particulars (Rs. million) 30 Jun 16 31 Mar 16 Net Debt / EBITDA(x) & Net Debt / Net Worth(x) Short Term Borrowings 4,363 4,014 2.21x Long Term Borrowings 1,413 1,416 1.87x Total Debt 5,776 5,430 0.98x Less: Cash & Cash 0.80x 542 882 Equivalents Net Debt / (Net Cash) 5,234 4,548 FY2
Slide 11: Media Coverage
Media Coverage Spark Minda in News Deccan Chroncle Economic Tmes Economic Tmes Industrial Business Mart Magazine (April 2016) (June 2016) (July 2016) (June 2016) Endeavour Magazine Zee Business CNBC (April 2016) (July and August 2016) (April 2016) 11 Minda Corporation – Q1 FY2017 Earnings Presentati
Slide 12: Awards and CSR
Awards and CSR Awards MCL – Best Presentation MCL – 1st Prize in 4th Minda Furukawa - Overall Minda Automotive Minda Stoneridge – Gold at 13th ACMA (NR) BAVA Inter Cluster Excellence Award 2015- Indonesia – Best Vendor Award for Best in Class Quality Circle Competition Kaizen Competition by 16 by Ma
Slide 13: Key Investment Themes
Key Investment Themes High value, technologically advanced products; global presence with 32 plants Technological tie ups with global automotive component manufacturers Well diversified customer base, product portfolio and business segments Low leverage providing significant flexibility for organic
Slide 14: 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 15: 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