Slide 1: Q3 FY2019 Earnings Presentation
Driver Information And Telematics System Minda Corporation Limited (NSE: MINDACORP; BSE: 538962) Q3 FY2019 Earnings Presentation Safety, Security And Restraint System February 2019 Interior System Instrument Clusters Sensors Wiring Harness Locks Door Handles Starter Motors Al & Zn Cutting Parts Plas
Slide 2: Table of Contents
Table of Contents 1. Quarterly Updates ❖ Company Snapshot ❖ Consolidated Performance ❖ Awards and CSR 2. Annexure A Investor Presentation 2
Slide 3: Quarterly Updates
Quarterly Updates Investor Presentation 3
Slide 4: 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 manufacturing, Revenue Breakdown Q3 FY2019* and advanced R&D with six decades of automotive experience By Geography By End Market Revenue* (net of excise) Rs. 25,934 mn
Slide 5: Consolidated Performance
Consolidated Performance Q3 Q2 9M (Rs. Million) FY2019 FY2018 FY2019 FY2019 FY2018 Operating Revenue (net of excise) 7,690 6,362 7,733 23,206 18,729 Other Income 127 28 113 287 74 EBITDA 548 717 823 2,102 1,911 Margin (%) 7.1% 11.3% 10.6% 9.1% 10.2% Profit Before Tax (PBT)* 617 500 656 1,780 1,355 M
Slide 6: Consolidated Performance – Q3 FY2019
Consolidated Performance – Q3 FY2019 Commentary – Q3 FY2019 vs. Q3 FY2018 7,690 6,362 Revenue • Revenues increased by 20.9% y-o-y in Q3 FY2019, driven by growth across all segments • SSR system posted a revenue growth of 17.5% on the back of robust growth in exports Q3 FY18 Q3 FY19 • DIS system grew
Slide 7: Consolidated Performance – 9M FY2019
Consolidated Performance – 9M FY2019 Commentary – 9M FY2019 vs. 9M FY2018 23,206 Revenue 18,729 • Revenues increased by 23.9% y-o-y basis and EBITDA percentage marginally reducing 9M FY18 9M FY19 to 9.1% n 9M FY2019 • The performance was driven by growth in SSR system at the rate of 23.0%, DIS at th
Slide 8: Business Verticals Performance (9M FY2019 vs 9M FY2018)
Business Verticals Performance (9M FY2019 vs 9M FY2018) Safety Security & Restraint System Driver Information & Telematics System Interior System + 23.0% + 26.5% + 22.0% 10,662 7,710 4,834 8,672 6,096 3,962 9M FY18 9M FY19 9M FY18 9M FY19 9M FY18 9M FY19 Revenue 8,672 10,662 Revenue 6,096 7,710 Reve
Slide 9: Business Updates - Q3 FY2019
Consolidated Performance Business Updates - Q3 FY2019 ▪ Joint Venture Equity Restructuring ▪ Equity holding of Minda Furukawa Electric Pvt. Ltd has been restructured and Minda Corp’s equity stake in the joint-venture has reduced from 51% to 25% ▪ The joint venture continues and the entity has been r
Slide 10: Business Updates – Q3 FY2019
Consolidated Performance Business Updates – Q3 FY2019 Safety, Security and Driver Information and Interior Restraint System Telematics System System (Lifetime order worth approx. Rs. 8,600 mn) (Lifetime order worth approx. Rs. 20,500 mn) (Lifetime order worth approx. Rs. 180 mn) (YTD 18-19 Lifetime
Slide 11: Awards and CSR
Awards and CSR Investor Presentation 11
Slide 12: Significant Awards won During Q3 FY2019
Significant Awards won During Q3 FY2019 Minda SAI Limited, Pune Quality Circle team has won the ‘Excellence’ Minda Security System won the Sliver Category Performance Minda SAI, Greater Noida Quality Circle team “Daksh” won “Excellence” award at National Convention on Quality Concept (NCQC – 2018) R
Slide 13: Corporate Social Responsibility
Corporate Social Responsibility Eye Healthcare Program in Greater Noida, Bagla & Pantnagar in association with HelpAge India, benefitting 3702 people CSR Times Award for Prison Project Exposure was provided on skill development programs to 25 Convocation Ceremony at Aakarshan Skill Development cente
Slide 14: Annexure A
Annexure A Investor Presentation 14
Slide 15: Competitive Strengths
Competitive Strengths WELL DIVERSIFIED customer base STRONG RELATIONSHIPS with and product portfolio major Indian and Global OEMs TECHNOLOGICAL COLLABORATION A LEADING PLAYER in several of its with global automotive component product segments in India manufacturers PROFESSIONALLY MANAGED STRONG IN-H
Slide 16: Strategic Focus – Growth Drivers
Strategic Focus – Growth Drivers Growth Drivers #1 #2 #3 #4 New technologically Sustain and grow our legacy advanced products in non- products through technology Inorganic growth in legacy segments due to Increased focus on Exports upgradation and greenfield adjacent areas regulatory and customer ex
Slide 17: Diversified Product Portfolio
Diversified Product Portfolio Safety, Security and Restraint System Ignition Switch Cum Smart Key System Mechatronics Immobilizers Aluminium High Compressor Housing Steering Lock Handles System Pressure Die Casting Alternator Starter Motor Electronic and mechanical security systems Die casting compo
Slide 18: Key Customers
Key Customers 2-3 Wheelers Commercial & Off Highway Passenger Vehicles Other Market Vehicles Investor Presentation 18
Slide 19: 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 20: 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 21: 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 22: 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 22 Note: Representative
Slide 23: Minda Automotive Solutions Limited (After Market)
Minda Automotive Solutions Limited (After Market) HQ : Noida Sales Trend (Rs. mn) 2,800 Regional Offices : Mumbai, Chennai, Kolkata & Noida 2800 Team Strength : 200 + 2700 2,533 employees 2600 2500 Distribution : 500 + Business 2400 Partners 2300 Spread : PAN India presence FY2016-17 FY2017-18 Sales
Slide 24: 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 (Standalone) – • Minda SAI Lt
Slide 25: Current Group Structure
Current Group Structure Promoter Share Holding Public & Other Share Holding 64.67% 35.33% MCL Listed Entity 100% 100% 25% Minda Automotive* Minda Furukawa Minda Europe BV 50% Minda Management* Minda Vast Access Minda KTSN 100% Minda Autoelektrik* 51% Minda KTSN Poland Minda SAI* Minda Stoneridge 100
Slide 26: 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 27: 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 28: 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. Gandhi Mr. Rakesh Chopra Mr. Ashok Kumar Jha Ms. Pratima Ram On the Board of Lumax On the
Slide 29: 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