Minda Corp. Ltd. · NSE:MINDACORP
Minda — Q1 FY2016 Earnings Presentation
13 slides from Minda's earnings presentation, Aug 6, 2015
Slide 1: Minda Corporation Limited Q1 FY2016 Consolidated Earnings Presentation
Safety, Security and Restraint Systems Minda Corporation Limited (NSE: MINDACORP; BSE: 538962) Driver Information and Telematics Systems Q1 FY2016 Consolidated Earnings Presentation August 6, 2015 Interior Systems 1 Minda Corporation – Q1 FY2016 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 – Q1 FY2016 vs. Q1 FY2015 Total Revenue increased by 15.2% Y-o-Y to Rs. 5,281 million EBITDA increased by 13.8% Y-o-Y to Rs. 502 million Profit after Tax increased by 16.5% to Rs. 202 million Net Debt of Rs. 3,688 million (Q4 FY2015: Rs. 4,010 million) Net D
Slide 4: Recent Corporate Developments
Recent Corporate Developments Corporate Social Responsibility: Spark Minda Foundation (SPV for Group CSR activities) Societal Level • Aakarshan: Convocation Ceremony held for skill development o Greater Noida: 22 women of cutting – tailoring, 29 computer learners graduated o Pantnagar: 70 learners o
Slide 5: Industry Overview
Industry Overview Passenger Vehicles – Domestic Production Commercial Vehicles – Domestic Production 7.4% 12.0% 8.4% 8.0% 7.0% 3.1% 4.9% 5.3% 7.0% 6.0% 2.0% 4.0% (3.0%) 4.8% 2.8% 1.9% (8.0%) 2.0% (13.0%) (15.4%) (18.0%) 0.0% Q2 CY14 Q3 CY14 Q4 CY14 Q1 CY15 Q2 CY15 Q2 CY14 Q3 CY14 Q4 CY14 Q1 CY15 Q2
Slide 6: Financial Performance
Financial Performance Key Financial Statistics Q1 y-o-y (Rs. Million) FY2016 FY2015 Growth (%) Total Revenue 5,281 4,584 15.2% EBITDA 502 441 13.8% Margin (%) 9.5% 9.6% Profit Before Tax (PBT) 279 223 25.1% Margin (%) 5.3% 4.9% Profit After Tax (PAT) 202 174 16.5% Margin (%) 3.8% 3.8% Basic EPS (Rs.
Slide 7: Financial Performance
Financial Performance Revenue (Rs. million) EBITDA (Rs. million) and Margin (%) 567 5,281 502 441 4,918 11.5% 4,584 9.6% 9.5% Q1 FY15 Q4 FY15 Q1 FY16 Q1 FY15 Q4 FY15 Q1 FY16 PBT (Rs. million) and Margin (%) PAT (Rs. million) and Margin (%) 301 264 279 223 5.4% 202 6.1% 174 5.3% 4.9% 3.8% 3.8% Q1 FY1
Slide 8: Revenue Metrics
Revenue Metrics Revenue Breakdown by Product Category Revenue Breakdown by Businesses 100% 100% 24% 18% 20% 34% 32% 30% 80% 80% 42% 39% 34% 60% 60% 68% 70% 66% 40% 40% 42% 40% 41% 20% 20% 0% 0% Q1 FY15 Q4 FY15 Q1 FY16 Q1 FY15 Q4 FY15 Q1 FY16 Interior Systems Driver Information & Telematics Systems S
Slide 9: Capital Structure
Capital Structure Particulars (Rs. million) 30 Jun 15 31 Mar 15 Net Debt / EBITDA(x) & Net Debt / Net Worth(x) Short Term Borrowings 2,594 2,644 2.8x 2.8x Long Term Borrowings 1,566 1,807 2.0x 1.9x 1.8x Total Debt 4,160 4,451 1.2x 1.1x Less: Cash & Cash 0.9x 0.9x 472 441 0.8x Equivalents Net Debt /
Slide 10: Minda Corp: Global Footprint
Minda Corp: Global Footprint Europe (3) India (24) South East Asia (3) Czech Republic Japan Poland Delhi / NCR (1) (1) Uttarakhand (1) (9) (3) Vietnam MP (1) (1) Germany Maharashtra (1) (6) Indonesia (1) Manufacturing Facilities Tamil Nadu Representative offices (5) Driver Information Safety and Sec
Slide 11: Investment Highlights
Investment Highlights Compelling Competitive Industry Dynamics Best in class operations Blue chip Customers Position • Technological • Emerging economies • 29 plants globally, 24 in advancement and R&D have seen rising demand India, 1 each in Poland, to increase market share for automotive and Germa
Slide 12: Strategic Direction
Strategic Direction Near Term Strategic Plan Aggressive To look for approach for inorganic exports and opportunities 1 becoming a global supplier of choice 2 which can immediately add for all major OEMs value and profitability Focus on improving overall margins by way of Continue to look Geographica
Slide 13: Minda Corporation Limited
Minda Corporation Limited Ajay Sancheti asancheti@minda.co.in (CIN: L74899DL1985PLC020401) Vinod K. Bapna vbapna@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 Balwa