Slide 1: Minda Corporation Limited Q2 FY2017 Earnings Presentation
Interior Systems MINDA CORPORATION LIMITED (NSE: MINDACORP; BSE: 538962) Q2 FY2017 Earnings Presentation November 10, 2016 Safety, Security And Restraint Systems Driver Information And Telematics Systems Locks Door Handles Instrument Clusters Wiring Harness Starter Motors Plastic Components
Slide 2: Executive Summary
Executive Summary • Total Revenue increased by 26.9% Y-o-Y to Rs. 7,822 million Income • EBITDA increased by 32.8% Y-o-Y to Rs. 847 million; Margins stood at 10.8% Statement • PAT increased by 10.2% to Rs. 320 million, Margins stood at 4.1% Q2 FY2017 • Debt of Rs. 5,906 million (FY2016: Rs. 5,430 mi
Slide 3: Management Commentary
Management Commentary We at Minda Corp take great pride in what we do and are very passionate about collectively taking the firm to the next level. I am quite pleased to report robust second quarter results. Minda Corp continues to march ahead with growth across product segments and customer relatio
Slide 4: Consolidated Financial Performance
Consolidated Financial Performance Q2 y-o-y Q1 q-o-q Half Year Ended y-o-y Growth Growth (Rs. Million) FY2017 FY2016 FY2017 FY2017 FY2016 Growth (%) (%) (%) Total Revenue 7,822 6,162 26.9% 6,954 12.5% 14,777 11,443 29.1% EBITDA 847 638 32.8% 626 35.3% 1,473 1,140 29.2% Margin (%) 10.8% 10.3% 9.0% 10
Slide 5: Revenue and EBITDA Commentary
Consolidated Financial Performance Commentary - Q2 FY2017 vs. Q2 FY2016 14,777 11,443 Total revenue for the quarter increased by 26.9% y-o-y to Rs. 7,822 million. The overall auto Revenue • 7,822 industry grew by 19.1% with robust performance across sectors 6,162 • Minda Corp continued to record dou
Slide 6: Significant Developments
Significant Developments Recent Developments • New Customer Additions: Maruti Suzuki for engine temp sensors; Discussions with OEM majors M&M and Ashok Leyland for sensor business at an advanced stage • Significant Business Orders: • Won orders from Ford, TML and M&M for products Locksets, ODH, Deck
Slide 7: Significant Developments
Significant Developments Manufacturing plant in collaboration with Aurangabad Central Prison Authority for supply to Bajaj Auto Fourth similar Business integrated CSR initiative after Dresden Jail, Germany (2005), Tihar Jail (2014), New Delhi & Yerwada Jail , Pune (2015) • In Nov 2016, Minda Corp se
Slide 8: Capital Market Data
Capital Market Data LTM Share Price Performance No. of Shareholders 150 20.0 7,951 15.0 Rebased to Minda Corp's ' 100 10.0 5,387 5,670 Millions 50 4,325 5.0 Price 2,552 0 0.0 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Vol Minda Corp 37.0% BSE Auto 19.8% Shareholding Pattern Market Data (7th Nov 2016) Dec 31
Slide 9: Financial Metrics
Financial Metrics Revenue Breakdown by Product Category Revenue Breakdown by Geography 100% 22% 16% 16% 100% 5% 4% 7% 16% 16% 80% 22% 37% 45% 47% 50% 60% 40% 71% 79% 80% 41% 39% 37% 0% 20% FY15 FY16 Q2FY17 0% Interior Systems FY15 FY16 Q2FY17 Driver Information & Telematics Systems India Europe Sout
Slide 10: Capital Structure
Capital Structure Particulars (Rs. million) 30 Sep 16 31 Mar 16 Net Debt / EBITDA(x) & Net Debt / Net Worth(x) Short Term Borrowings 4,254 4,014 1.87x 1.81x Long Term Borrowings 1,652 1,416 Total Debt 5,906 5,430 0.86x 0.80x Less: Cash & Cash 575 882 Equivalents Net Debt / (Net Cash) 5,331 4,548 FY2
Slide 11: Media Coverage
Media Coverage Spark Minda in News Print Economic Times Dainik Hint & Others Manufacturing Today Magazine Economic Times (Oct 2016) (Sep 2016) (Jul 2016) (Jul 2016) Electronic NDTV Profit Zee Business (Aug 2016) (Jul and Aug 2016) Q2 FY2017 Earnings Presentation 11
Slide 12: 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 13: Corporate Office and Investor Relations Contact
Corporate Office: Plot No: 68, Echelon Institutional Area, INVESTOR RELATIONS CONTACT Sector - 32, Gurugram - 122001 CA Deepak Balwani Jitesh Bhatia / Tel: +91 124 469 8400 • Fax: +91 124 469 8450 Head - Investor Relations Ankul Adlakha Minda Corporation Churchgate Partners Registered Office: deepak