Minda Corp. Ltd. · NSE:MINDACORP
Minda — Q1 FY2015 Earnings Presentation
15 slides from Minda's earnings presentation, Aug 25, 2014
Slide 1: Minda Corporation Q1 FY2015 Consolidated Earnings Presentation
Safety, Security and Restraint Systems Minda Corporation Limited (NSE: MINDACORP) Driver Information and Telematics Systems Q1 FY2015 Consolidated Earnings Presentation August 21, 2014 Interior Systems 1 Minda Corporation – Q1 FY2015 Earnings Presentation
Slide 2: Cautionary Statement
Cautionary Statement 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
Slide 3: Financial Highlights
Financial Highlights Highlights – Q1 FY2015 vs. Q1 FY2014 Total Revenue increased by 30.0% to Rs. 4584 million EBITDA increased by 68.5% to Rs. 419 million; margins expanded by 209 bps Profit after Tax increased by 88.9% to Rs. 174 million, margins expanded by 120 bps Net Debt of Rs. 4052 mi
Slide 4: Minda Corp: Company Overview
Minda Corp: Company Overview • Leading automotive component and flagship company of SPARK MINDA, Ashok Minda Group, which was founded in 1958 by Late Shri S. L. Minda • A diversified product portfolio that encompasses Safety, Security & Restraint Systems (42%); Driver Information & Telematics System
Slide 5: Minda Corp: Global Footprint
Minda Corp: Global Footprint Europe (3) India (20) South East Asia (3) Russia Japan Poland (1) Delhi / NCR (1) (1) Uttarakhand (6) (3) Vietnam MP (1) (1) Germany Maharashtra (1) (6) Indonesia (1) Manufacturing Facilities Tamil Nadu (4) Representative offices Driver Information Safety and Security In
Slide 6: Financial Performance
Financial Performance Key Financial Statistics Q1 y-o-y (Rs. million) FY2015 FY2014 Growth (%) Total Revenue 4,584 3,525 30.0% EBITDA 419 249 68.5% Margin % 9.1% 7.1% Profit Before Tax (PBT) 223 117 90.2% Margin % 4.9% 3.3% Profit After Tax (PAT) 174 92 88.9% Margin % 3.8% 2.6% Basic EPS (Rs.) 8.30
Slide 7: Financial Performance
Financial Performance Revenue (Rs. million) EBITDA (Rs. million) and Margin (%) 4,570 4,584 424 419 3,872 3,938 3,525 324 295 249 8.2% 9.3% 9.1% 7.1% 7.6% Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 PAT (Rs. million) and Margin (%) Performance Discussion 459 • EBI
Slide 8: Revenue Metrics
Revenue Metrics Revenue Breakdown by Product Category Revenue Breakdown by Businesses 100% 120% 31% 27% 27% 26% 24% 80% 100% 38% 40% 41% 36% 34% 30% 33% 34% 80% 60% 28% 27% 60% 40% 62% 64% 66% 46% 60% 59% 41% 43% 41% 42% 40% 20% 20% 0% 0% Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q1 FY14 Q2 FY14 Q3 FY
Slide 9: Capital Structure
Capital Structure Particulars (Rs. million) 30 June 14 31 March 14 Net Debt / EBITDA(x) & Total Debt / Net Worth(x) Short Term Borrowings 2,167 2,326 3.1x 3.3x Long Term Borrowings 2,383 2,353 Total Debt 4,550 4,679 1.8x 1.4x 1.15x 1.20x Less: Cash & Cash 0.96x 498 540 0.68x Equivalents Net Debt / (
Slide 10: Un-audited Consolidated Results for the quarter ended 30 June 2014
Un-audited Consolidated Results for the quarter ended 30 th June 2014 (All amounts are in Lacs of Indian Rupees, unless otherwise stated) PART I Rs in Lacs Quarter ended Quarter ended Quarter ended Year ended 30 June 2014 31 March 2014 30 June 2013 31 March 2014 Particulars UNAUDITED UNAUDITED * UNA
Slide 11: Un-audited Consolidated Results for the quarter ended 30 June 2014
Un-audited Consolidated Results for the quarter ended 30 th June 2014 (All amounts are in Lacs of Indian Rupees, unless otherwise stated) PART I Rs in Lacs Quarter ended Quarter ended Quarter ended Year ended 30 June 2014 31 March 2014 30 June 2013 31 March 2014 Particulars UNAUDITED UNAUDITED * UNA
Slide 12: Un-audited Consolidated Results for the quarter ended 30 June 2014
Un-audited Consolidated Results for the quarter ended 30 th June 2014 (All amounts are in Lacs of Indian Rupees, unless otherwise stated) Quarter ended Quarter ended Quarter ended Year ended 30 June 2014 31 March 2014 30 June 2013 31 March 2014 Particulars UNAUDITED UNAUDITED * UNAUDITED AUDITED PAR
Slide 13: Un-audited Consolidated Results for the quarter ended 30 June 2014
Un-audited Consolidated Results for the quarter ended 30 th June 2014 (All amounts are in Lacs of Indian Rupees, unless otherwise stated) Notes: 1) The above results were reviewed by the Audit committee and approved by the Board of Directors at their meeting held on 12 August 2014. 2) The consolidat
Slide 14: Un-audited Consolidated Results for the quarter ended 30 June 2014
Un-audited Consolidated Results for the quarter ended 30 th June 2014 (All amounts are in Lacs of Indian Rupees, unless otherwise stated) 6) Pursuant to Companies Act, 2013 ('the Act') being effective from 1 April 2014, the Company has revised depreciation rates on certain fixed assets as per the us
Slide 15: Minda Corporation Limited
Minda Corporation Limited (CIN: L74899DL1985PLC020401) Ajay Sancheti [email protected] 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 Registered Office: 36A, Rajasthan Udyog Nagar,