Slide 1: Minda Corporation Limited Investor Presentation
Driver Information And Telematics System Minda Corporation Limited (NSE: MINDACORP; BSE: 538962) Investor Presentation Safety, Security And Restraint System September 2018 Interior System Instrument Clusters Sensors Wiring Harness Locks Door Handles Starter Motors Al & Zn Cutting Parts Plastic Compo
Slide 2: Table of Contents
Table of Contents 1. Business Overview 2. Consolidated Financial Performance 3. Strategic Focus 4. Annexure A Investor Presentation 2
Slide 3: One of India's leading automotive component companies with global footprint
One of India’s leading automotive component companies with global footprint Diversified product portfolio, global customers, strong Revenue Breakdown Q1 FY2019* manufacturing and advanced R&D with six decades of automotive experience By Geography By End Market After 2-3 South East Market Revenue* (n
Slide 4: Diversified Product Portfolio
Diversified Product Portfolio Safety, Security and Restraint System Ignition Switch Smart Key Mechatronics Immobilizers Aluminium Die Compressor Cum System Handles System Casting Housing Alternator Starter Motor Steering Lock Electronic and mechanical security systems Die casting components Starter
Slide 5: Minda Automotive Solutions Limited (After Market)
Minda Automotive Solutions Limited (After Market) HQ : Noida Sales Trend (Rs. mn) 2800 Regional Offices : Mumbai, Chennai, Kolkata & Noida 2800 Team Strength : 200 + 2700 2533 employees 2600 2500 Distribution : 500 + Business 2400 Partners 2300 Spread : PAN India presence FY2016-17 FY2017-18 Sales b
Slide 6: Product Portfolio – 2 Wheelers
Product Portfolio – 2 Wheelers SENSOR - FLS HANDLE MOUNTING ASSY IGN LOCK & SPEEDOMETER WIRING FT CAP HARNESS CYLINDER HEAD CONTROL CABLES BRAKING SENSOR SSPS SYSTEM PARTS STEP HOLDER PARTS SENSOR SENSOR SPEED OPS & TEMP SENSOR TPS Investor Presentation Driver Information And Telematics Safety, Secu
Slide 7: Product Portfolio – Passenger Vehicles
Product Portfolio – Passenger Vehicles WIRING NOZZEL SRC BATTERY TRAY HARNESS DEFROSTER LOUVERS SPEEDOMETER GLOVE BOX CUP HOLDER STRG COLUMN SHROUD ENGINE SYSTEM DOOR SASH (TURBOCHARGER PARTS) TAIL GATE ENGINE SYSTEM LATCH (ENGINE MOUNTING PARTS) EGT SENSOR AC COMPRESSOR PARTS TEMP SENSOR FUEL LEVEL
Slide 8: Product Portfolio – Commercial Vehicles
Product Portfolio – Commercial Vehicles WIRING HARNESS SPEEDOMETER PM / SOOT SENSOR TEMP SENSOR EGT & EGRT SENSOR PRESSURE SENSOR LOCKSET & DOOR HANDLES FUEL LEVEL SPEED OIL SUMP SENSOR SENSOR Investor Presentation Driver Information And Telematics Safety, Security And Restraint Systems Interior Pla
Slide 9: Product Portfolio – Tractors
Product Portfolio – Tractors EGRT SENSOR SPEEDOMETER STARTER MOTORS WIRING HARNESS ALTERNATORS PRESSURE SENSOR SPEED SENSOR FUEL LEVEL SENSOR OIL SUMP TEMP SENSOR Investor Presentation Driver Information And Telematics Safety, Security And Restraint Systems Interior Plastics 9 Note: Representative p
Slide 10: Manufacturing facilities strategically located globally providing support to OEMs
Manufacturing facilities strategically located globally providing support to OEMs North (12 Plants) Poland Madhya Germany Gujarat Pradesh (1 Plant) Czech Republic West Japan (11 Plants) Mexico Vietnam South (4 Plants) Indonesia Manufacturing Facilities Proposed Facility Offices Driver Information Ma
Slide 11: Key Customers
Key Customers 2-3 Wheelers Commercial & Off Passenger Vehicles Other Market Highway Vehicles Investor Presentation 11 * In alphabetical order
Slide 12: Consolidated Financial Performance
Consolidated Financial Performance Q1 Q4 Full Year (Rs. Million) FY2019 FY2018 FY2018 FY2018 FY2017 Operating Revenue (net of excise) 7,783 5,817 7,205 25,934 20,598 Operating Revenue Growth (%) 33.8% 8.0% 25.9% Other Income 46 25 88 163 405 EBITDA 731 443 818 2,729 1,887 Margin (%) 9.4% 7.6% 11.4%
Slide 13: Revenues
Consolidated Financial Performance Commentary – Q1 FY2019 vs. Q1 FY2018 7,783 Revenues 5,817 • Revenues increased by 33.8% y-o-y in Q1 FY2019, driven by growth across major businesses (SSR System grew by 30%, DIS grew by 32% and Interiors grew by 42%) Q1 FY2018 Q1 FY2019 • In particular, additional
Slide 14: Business Verticals Performance (Q1 FY2019 vs Q1 FY2018)
Business Verticals Performance (Q1 FY2019 vs Q1 FY2018) Safety Security & Restraint System Driver Information & Telematics System Interior System (SSR) (DIS) 10.1% 10.6% 9.7% 7.1% 6.5% 5.7% Q1 FY2018 Q1 FY2019 Q1 FY2018 Q1 FY2019 Q1 FY2018 Q1 FY2019 Revenue 2,504 3,264 Revenue 1,908 2,524 Revenue 1,
Slide 15: Consolidated Performance – Business Updates Q1 FY2019
Consolidated Performance Business Updates - Q1 FY2019 Rating Upgrade: CRISIL has upgraded Minda Corporation’s rating on the long-term bank facilities to ‘A+/Stable‘ from ‘A/Stable', and has reaffirmed rating on the short-term facilities at ‘A1‘ Select Business Wins: Won new business to suppl
Slide 16: Consolidated Performance – Business Updates Q1 FY2019
Consolidated Performance Business Updates - Q1 FY2019 SMIT Update: LOI received from four OEM customers for Smart Key (2W) SMIT/EMI EMC Lab has been granted recognition by IDIADA, one of Europe’s well recognized European testing agency accepted by major OEMs LOI received from two OEM custome
Slide 17: Consolidated Leverage Position
Consolidated Leverage Position Particulars (Rs. mn) Mar 31, 2017 Mar 31, 2018 Net Worth 6,221 7,374 Non-current borrowings (including current 2,639 4,139 maturity) Current borrowings 2,853 3,094 Total Debt 5,492 7,233 Less: Cash & Cash Equivalents 276 193 Net Debt 5,216 7,040 Net Debt / Net Worth 0.
Slide 18: Competitive Strengths
Competitive Strengths WELL DIVERSIFIED customer STRONG RELATIONSHIPS with base and product portfolio major Indian and Global OEMs TECHNOLOGICAL A LEADING PLAYER in several COLLABORATION with global of its product segments in India automotive component manufacturers PROFESSIONALLY MANAGED STRONG IN-H
Slide 19: Strategic Focus – Growth Drivers
Strategic Focus – Growth Drivers Growth Drivers #1 #2 #3 #4 New technologically Sustain and grow our advanced products in legacy products through Increased focus on Inorganic growth in non-legacy segments technology upgradation Exports adjacent areas due to regulatory and and greenfield expansion cu
Slide 20: Strategic Focus – Investing in Technology and Future
Strategic Focus – Investing in Technology and Future 1 Increased electronic content per vehicle and technological advanced products in non legacy product business: EGT/EGRT Sensors, Connected Cars / Connected Mobility / Telematics, PM Sensors / Soot, Control Cables, RPAS EFI/EMS Systems, ABS and CBS
Slide 21: Strategic Initiatives Undertaken
Strategic Initiatives Undertaken • Spark Minda Technical Centre (SMIT), Pune is the Advanced Engineering Centre of Electronics which aims to help Spark Minda to expand beyond legacy product segments Advanced • R&D centre equipped with test and measurement equipment, development tool chains & Enginee
Slide 22: Annexure A
Annexure A Investor Presentation 22
Slide 23: Minda Corporation at a glance
Minda Corporation at a glance Group Businesses of Minda Corporation Minda Corp (Consolidated) Minda Management Services Limited (Corporate) Safety Security and Restraint Driver Information and Interior System After Market system Telematics System • Minda Corporation Ltd • Minda SAI Ltd. • Minda KTSN
Slide 24: Board of Directors
Board of Directors Eminent and Experienced Board of Directors Mr. Ashok Minda Chairman and Group CEO Mr. Sudhir Kashyap Mr. R. Laxman Executive Director & CEO Director & Group President, Finance Mr. Avinash P. Mr. Rakesh Chopra Mr. Ashok Kumar Jha Ms. Pratima Ram Gandhi On the Board of Lumax On the
Slide 25: Senior Management Team
Senior Management Team Ashok Minda N. K. Taneja R. Laxman Sudhir Kashyap Sanjeev Saxena Chairman & Group CEO Group Chief Marketing Director and Group ED and CEO, Minda MD & CEO, Minda SAI and Officer President, Finance Corporation Minda Stoneridge Vinayak Hegde Arvinth Siva Suresh D Lalitendu Samant
Slide 26: Significant Awards Won During Q1 FY2019
Significant Awards Won During Q1 FY2019 Won award for ‘Best in Class Performance in Won Award for ‘Superior Performance in Won the most prestigious ‘Best Quality Award’ Quality’ from Ashok Leyland during Vendor VA/VE’ (Value Analysis/ Value Engineering) for from Escorts Limited for the year 2017-18
Slide 27: Corporate Social Responsibility
Corporate Social Responsibility Industry Academia Partnership: MOU signed between DTTE Govt. NCT Delhi and Spark Minda Foundation School Infrastructure Project, Ravindra Nagar, Rudrapur Spark Minda Foundation wins 4th CSR Impact Award at India CSR Summit 2017 Investor Presentation 27
Slide 28: 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