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Minda Corporation (MINDACORP) investor relations material
Minda Corporation Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Industry overview
Global automotive industry projected to grow at 6.77% CAGR, reaching $6,861Bn by 2033, with India’s sector growing at 8.8% CAGR to $276Bn by 2034.
Indian auto sector saw 9% production growth in FY25, led by two-wheelers and utility vehicles.
Global EV market expected to reach $1,614Bn by 2032 at 10% CAGR; Indian EV market to grow at 22% CAGR to $118Bn by 2032.
EVs are driving a 20-30% increase in content per vehicle, with significant growth in E2W and EPV sales projected by FY29.
Indian auto component industry reached $74.1Bn turnover in FY25, targeting $200Bn by 2030, with exports expected to grow 28-32% annually.
Company overview
Over 65 years in the automotive sector, with 32 global manufacturing plants and 18,000+ workforce.
Diversified product portfolio across vehicle access, electrical systems, plastics, driver information, and EV electronics.
Strong relationships with major OEMs in two/three-wheelers, passenger, and commercial vehicles.
Strategic partnerships and JVs with global players to drive innovation and market reach.
Leadership team with deep industry experience and a focus on R&D and global expansion.
Flash Electronics
Acquired 49% stake in Flash Electronics, a leading powertrain and EV component manufacturer.
FY25 revenue of Rs. 1,537Cr, with 23% from EV products and 14.5% EBITDA margin.
Eight manufacturing facilities across India, Germany, and Hungary; 3,500+ employees.
Transitioned from single-product to multi-product, multi-customer platform, with strong export and R&D focus.
Expanding EV product portfolio, including traction motors, controllers, inverters, and telematics.
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