Slide 1: Cover letter to stock exchanges on Q2 FY22 earnings presentation
November 02, 2021 The Officer-In-Charge (Listing) Head - Listing Operations, Listing Department BSE Limited, National Stock Exchange of India Ltd., P.J. Towers, Dalal Street, Fort, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Scrip Code: 538962 Mumbai - 400 051 Scrip Code: M
Slide 2: Q2 FY2022 Earnings Presentation
Q2 FY2022 Earnings Presentation
Slide 3: Quarter Updates
Tesla’s 3 Pronged Approach Quarter Updates Company Snapshot Highlights of Q2 FY22 Inorganic Actions Quarterly Financial Performance Business Order won in ICE & EV Awards & CSR Earnings Presentation Page 2 of 31
Slide 4: SPARK MINDA - Kaleidoscope
SPARK MINDA - Kaleidoscope Leading Automotive Component Supplier – Since 1958 16,000+ 7 WORKFORCE PARTNERSHIPS 33 PLANTS/OFFICES INR 32,570 million REVENUE 14 13 NORTH WEST 3 3 SOUTH ASEAN VISION To be a dynamic, innovative and profitable global automotive organization for emerging as the preferred s
Slide 5: Highlights of Q2 FY22
Highlights of Q2 FY22 Enhancing the Core and Deepening Capabilities 1. Earning accretive increase of stake in Minda Stoneridge and Expands Technical Collaboration with Stoneridge . 2. Acquires 29.6% Strategic Stake in EVQ Point for strengthening battery charger range for Green Mobility. 3. Revenue f
Slide 6: Acquisition of stake in Minda Stoneridge and Expands Technical Collaboration with Stoneridge
Acquisition of stake in Minda Stoneridge and Expands Technical Collaboration with Stoneridge Business Overview Balance 49% Stake Acquisition Minda Corporation (Nov 2021) Minda Stoneridge 400 Cr+ 1300+ Revenue Employees R&D Engineers Current Status: Joint Venture Post Acquisition Status Wholly Owned
Slide 7: Financials and Valuations of Minda Stoneridge Instruments Ltd (MSIL)
Financials and Valuations of Minda Stoneridge Instruments Ltd (MSIL) Steady Financial Performance with High ROCE of MSIL Rs. in Million MCL MSIL MCL+MSIL(Proforma) (FY2021) (FY2021) (FY2021) Revenue from Operations PAT Margins Revenue 23,679 3,895 27,341 4,641 4,110 3,895 7.0% 3,810 6.7% EBITDA 2,17
Slide 8: Strategic Stake of 29.6% in EVQ Point to Strengthen our EV Portfolio
Strategic Stake of 29.6% in EVQ Point to Strengthen our EV Portfolio Our Product Portfolio in Electric Vehicle 29.6% Stake Acquisition Spark Minda Green (Sep 2021) Connected Cluster EVQPOINT Solutions Mobility Systems Private Limited (India) SWAPPING STATION Private Limited (India) Seat & Glovebox A
Slide 9: Q2 FY2022 Highlights & Industry Performance
Q2 FY2022 Highlights & Industry Performance
Slide 10: One of India's Leading Automotive Component Company
One of India’s Leading Automotive Component Company Revenue Breakdown H1 FY22 Diversified product portfolio, global customers, strong manufacturing and advanced R&D with six decades of automotive experience By Geography By End Market South East Asia Passenger Revenue Rs. 23,679 mn (FY2021) 5.9% Afte
Slide 11: Indian Automotive Industry Performance – Q2 FY22
Indian Automotive Industry Performance – Q2 FY22 Auto Industry H1 FY22 Growth (Y-o-Y) 35.6% Commentary 27.7% 11.61 8.70 8.57 • Lower Discretionary spent in rural area post 6.82 second wave of Covid has resulted in slow and 70.0% 47.5% 82.1% 70.2% gradual recovery in 2-Wheeler segment. 0.38 0.56 0.99
Slide 12: Consolidated Performance – Q2 FY22 and H1 FY22
Consolidated Performance – Q2 FY22 and H1 FY22 Q2 Q2 Q1 H1 H1 (Rs. Million) FY22 FY21 FY22 FY22 FY21 Operating Revenue 7,313 6,561 5,586 12,899 8,341 Growth % 11.5% 30.9% 54.7% EBITDA 773 666 308 1081 462 Margin (%) 10.6% 10.1% 5.5% 8.4% 5.5% Profit Before Tax (PBT) 527 366 85 612 (86) Margin (%) 7.
Slide 13: Business Verticals Performance – Q2 FY22
Business Verticals Performance – Q2 FY22 Quarterly Commentary – Q2 FY22 vs Q2 FY21 Half Yearrly (in Rs. mn) (in Rs. mn) Mechatronics, Aftermarket 4,311 Mechatronics and Aftermarket: 7,701 Mechatronics, Aftermarket 3,696 3,390 • The growth in revenue was supported by higher aftermarket sales and Othe
Slide 14: Consolidated Leverage Position
Consolidated Leverage Position CRISIL has upgraded the short-term rating to highest notch i.e. CRISIL A1+ whereas our Long Term outlook has improved from Stable to Positive for A+ Category Rating Agencies Instrument Rating Term Loan IND AA- / Stable Working capital limits (Fund-based and India Ratin
Slide 15: Business Performance – Q2 FY22 Order Won
Business Performance – Q2 FY22 Order Won Rs. 1,038 mn Rs. 4,881 mn Rs. 1,539 mn Rs. 25,802 mn Rs. 7,259 mn Rs. 12,987 mn For Export From EV Players For Export Order Won From EV Players Order Won Q2 FY22 Q2 Lifetime Order Won Q2 Lifetime Order Won Lifetime Order Won YTD FY22 Lifetime Order Won Rs. 9,
Slide 16: Awards & CSR
Awards & CSR
Slide 17: Awards/Recognition – Q2 FY2022
Awards/Recognition – Q2 FY2022 MCL-SSD Pantnagar Won 1st Runner-up MCL – KAKKALUR team won the Platinum Leadership Award Recognition at the Business Excellence awards at CII, Award in 2nd BAL-BAVA Kaizen Competition award (1st Place) in AOTS DOSOKAI 6th 129th HR Intellect Conference National level P
Slide 18: Corporate Social Responsibility – Q2 FY2022
Corporate Social Responsibility – Q2 FY2022 Sarika Minda, Chairperson, Spark Assistive aid distribution to 150 PWDs in HP Wow Bus convocation for 1st batch of Digital Mobile Minda Foundation represented the Uttarakhand. New school project under the school Literacy Project in Hasanpur, Haryana. group
Slide 19: Thank You
Thank You 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 business de
Slide 20: Annexure 1:- Product Portfolio of Minda Stoneridge
Annexure 1:- Product Portfolio of Minda Stoneridge
Slide 21: Clusters and Sensors Portfolio
Clusters and Sensors Portfolio 2-Wheeler PV / LCV PV / LCV Temperature Sensor Pressure Sensor Oil, Coolant, Water, MAP, TMAP, HVAC Camera module Exhaust Gas Temp & Rain & Light sensor EGR Temp, Soot Cylinder Head, Ambient air Pressure, Temperature, (RPAS, ADAS L0/L1) humidity Sensor sensor TFT Clust
Slide 22: Annexure 2:-Pillars of Minda Corp Sustainable Profitable Growth
Annexure 2:-Pillars of Minda Corp Sustainable Profitable Growth
Slide 23: Building Blocks of Business Transformation
Building Blocks of Business Transformation Restructuring Strategic Partnerships Strengthening Leadership 2019 – Organization structure 2020 – Partnership with Phi Capital as Eminent and Experienced Board of simplification through merger of wholly strategic operational partner Directors owned subsidi
Slide 24: Engineering Capability
Engineering Capability Engineering Capability Expansion Advanced Engineering & Electronics ~170 ~ 2.0% 450+ ~ 50 % in last 5 of annual revenue years SMIT, Total IPs/Patents R&D Spending Engineering Headcount SMIT, Pune Bengaluru 225+ Engineers | 20+ Engineers | Embedded Software Telematics & Connect
Slide 25: Sustainability Framework
Sustainability Framework Earnings Presentation Page 24 of 31
Slide 26: Thank You
Thank You 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 business de