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w w w. s p a r k m i n d a . c o m INVESTOR PRESENTATION Q3 and 9M FY2026 Minda Corporation
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Page 2 Minda at a Glance A significant player in the global automotive industry for over six decades *Revenue includes Associates and JVs Engineering Focused Stable Financial Structuring “Customer First” is unified belief at Spark Minda Well Placed Marketing Professionals, Product Managers, Project Managers and Business Operations team Strategically Located Plants & Offices in India, ASEAN, Japan & Europe 900+ Engineering Headcount 320+ Patents 4% R&D Spend 2 Advanced Tech Centre 7 Engineering Centers ₹ 7,472 Cr FY25 Group Revenue* ₹ 5,056 Cr FY25 Consol Revenue 32 Manufacturing Plants 18,000+ Workforce Business Verticals Customer Centric Electrical Distribution System EV System & Electronics Light Weighting & Plastics Driver Information System Vehicle access Be a Dynamic, Innovative and Profitable global automotive organization to emerge as the preferred supplier and employer and create value for all stakeholders Be a complete automotive system solutions provider and build a brand recognized by vehicle manufacturers all over the world Commitment to Stakeholders, Passion for Excellence, Open Communication, Integrity & Fairness, Nurture Talent, Competency & Willingness, Respect & Humility Vision Mission Values India Rating & Research Working Capital India AA / Stable / IND A1+ Term Loans India AA / Stable CRISIL Long Term Crisil AA- / Positive Short Term Crisil A1+
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Page 3 ➢ 2Ws witnessed sequential improvement in Q3, supported by festive demand, improved retail traction, and stable consumer sentiment across key markets ➢ 3Ws saw continued demand recovery during the quarter, driven by improving mobility needs and better financing access, as highlighted in SIAM commentary ➢ PVs continued to report healthy demand trends during the quarter, aided by festive season buying, new launches, and improved financing availability ➢ CVs maintained steady momentum in Q3, supported by sustained freight movement, infrastructure-led activity, and replacement demand across segments ➢ Tractors segment saw healthy traction, with consistent demand through the quarter and support from steady domestic activity and exports, reflecting sustained industry momentum sup ported by favourable market conditions and export performance ➢ Auto industry for the quarter remained constructive, backed by festive tailwinds, stable macro conditions, and policy support, while globaluncertainties continued to be monitored Indian Automotive Industry Performance Production Volumes in Millions Source: SIAM Q3 FY26 Growth (Y-o-Y) Q3 FY26 Growth (Q-o-Q) 0.22 0.25 0.25 1.17 5.92 7.81 0.29 0.29 0.34 1.40 6.81 9.12 Tractors CV 3 W PV 2 W Auto Industry Q3FY25 Q3FY26 0.32 0.26 0.36 1.33 6.93 9.20 0.29 0.29 0.34 1.40 6.81 9.12 Tractors CV 3 W PV 2 W Auto Industry Q2FY26 Q3FY26 17.5% 31.5% 34.7% 19.1% 15.0% 16.8% 10.1% 5.4% (11.0%) (4.6%) (1.7%) (0.8%)
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Page 4 Q3 & 9M FY26 Business Performance Key Strategic Developments Highest ever Quarterly Revenue of INR 1,560 crore growth of 25.0% YoY EBITDA margin stood at 11.8% for Q3FY26, growth of 30 Bps YoY Revenue growth of 20.0% YoY 16 New Patents filed, taking the total patents filed to 320+ Total Lifetime Order Book exceeded INR 7,000 Crores across products & verticals 4 New Patents filed during Q3FY26, taking the total Patents filed to 320+ Q3 FY2026 9M FY2026 9M EBITDA margin of 11.6%, growth of 26 Bps YoY Total Lifetime Order-book booked INR 2,000 crores with Multiple new orders New strategic partnership with Toyodenso to offering advanced switches across all vehicle segments. Secured multiple platform level Instrument cluster orders from leading OEM’s
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Page 5 Q3 & 9M FY2026 Financial Highlights Growth Momentum Continues Revenue EBITDA PAT* Rs. In Crores 3,735 4,482 9M FY25 9M FY26 YoY 20% 422 518 11.3% 11.6% 9M FY25 9M FY26 EBITDA EBITDA Margin (%) YoY 203 238 5.4% 5.3% 9M FY25 9M FY26 PAT PAT Margin (%) YoY 1,253 1,535 1,560 Q3 FY25 Q2 FY26 Q3 FY26 YoY 144 178 184 11.5% 11.6% 11.8% Q3 FY25 Q2 FY26 Q3 FY26 EBITDA EBITDA Margin (%) YoY 65 85 88 5.2% 5.5% 5.7% Q3 FY25 Q2 FY26 Q3 FY26 PAT PAT Margin (%) YoY Q3 FY269M FY26 Board of Directors has recommended an interim dividend of 30% on the face value, i.e., Rs. 0.60 per equity share 25% 28% 36% 23% 17% 3% 4% 2% * PAT is calculated excluding the one-time labour code impact of Rs.4 Cr.
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Page 6 Business Vertical Performance Q3 and 9M FY2026 Rs. In Crores Mechatronics and Aftermarket: • Strong demand in domestic 2W segment • Subdued Export demanded in the European market Information & Connected Systems • Strong demand in domestic 2W & CV segment and premiumisation of existing products contributed to the growth • Revenue growth was driven by strong demand in the wiring harness and instrument cluster businesses. Mechatronics, Aftermarket and Others Information & Connected Systems 608 712 710 Q3 FY25 Q2 FY26 Q3 FY26 645 823 850 Q3 FY25 Q2 FY26 Q3 FY26 1,821 2,073 9M FY25 9M FY26 17% YoYYoY 32% YoY YoY 1,914 2,409 9M FY25 9M FY26 14% 26%
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Page 7 India 88% Europe & North America SE Asia 5% WH 28% Vehicle Access 25% Die Casting 15% Clusters 16% Others 16% WH 31% Vehicle Access 23% Die Casting 15% Clusters 18% Others 13% India 89% Europe & North America SE Asia 5% 6% Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 By Products By Geography By End Market Q3 FY25 Q3 FY26 47% 45% 27% 29% 11% 11% 15% 15% 2-3 Wheelers Passenger Vehicles Commercial Vehicles* After Market Revenue Break-Up Q3 FY2026 Note:- *Includes off highway and tractors 7%
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Page 8 Strategic Partnership with FLASH ELECTRONICS Flash Financial Performance (Q3 & 9M FY26) Electrical & Electronics Powertrain Components Business Verticals Key Customers Audi, Bajaj, BMW, BRP Rotax, Ducati, Harley-Davidson, Kawasaki, KTM, Mahindra, Moto-Morini, Piaggio, Porsche, Proton, Royal-Enfield, Suzuki, Tata, Triumph, Volkswagen, Webasto, Yamaha Manufacturing Facilities 6 Manufacturing facilities in India + 2 Manufacturing facilities in Germany and Hungary 150+ Engineering Headcount 3,500+ Workforce EV Revenue 23% Free Cash Flow Rs. 37 Crs Revenue Rs. 1,537 Crs EBITDA Rs. 223 Crs EBITDA(%) 14.5% Financial & Other Highlight (FY25) Product Portfolio INR 488 Crores Q3 FY26 9M FY26 Revenue from Operations INR 1,310 Crores EBITDA & Margin PAT & Margin INR 90 Crores 18.4% INR 221 Crores 16.9% INR 36 Crores 7.4% INR 88 Crores 6.7%
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New Product Launch New Market Export Focus Investment in existing Business Investment in R&D Premiumization of Existing Products Strategic Priorities to Deliver Strong Growth
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Page 10 Continuously expanding manufacturing capabilities with a capital expenditure of Rs. 276 crore in 9M FY26 Planned capital expenditure of approximately Rs. 2,000 crore over the next 5 years Setting up two new greenfield facilities in Die Casting and one greenfield facility for Instrument Clusters Land acquired to support future expansion and strengthen regional footprint Diecasting Pune - 5th Plant Minda Instrument Cluster Plant Pune Diecasting Gr. Noida – 4th Plant We continue to focus and invest in capabilities to attain leadership position in Adjacent Businesses
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Financial Statements
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Page 12 Consolidated Profit & Loss Statement Particulars (Rs. Cr) Q3 FY26 Q3 FY25 YoY% Q2 FY26 QoQ% 9M FY26 9M FY25 YoY% Revenue from Operations 1,560 1,253 24.6% 1,535 1.6% 4,482 3,735 20.0% Raw Material 980 771 956 2,798 2,331 Employee Cost 242 200 235 703 580 Other Expenses 155 138 167 463 402 EBITDA 184 144 27.8% 178 3.2% 518 422 22.7% EBITDA Margin 11.8% 11.5% 30 Bps 11.6% 17 Bps 11.6% 11.3% 26 Bps Other Income 3 9 3 10 29 Depreciation 58 50 57 171 148 EBIT 129 102 26.3% 124 4.4% 356 304 17.5% EBIT Margin 8.3% 8.2% 11 Bps 8.1% 22 Bps 8.0% 8.1% (17) Bps Finance Cost 29 12 31 92 33 Exceptional item 4 0 0 4 0 Profit before share of Profit/(Loss) of associates/ JVs and tax 97 90 6.8 % 93 4.0 % 260 271 (4.0) % PBT Margin 6.2% 7.2% (103) Bps 6.0% 14 Bps 5.8% 7.2% (145) Bps Tax 32 26 25 75 73 Share of profit / (loss) in associates / joint ventures (net of tax) 19 0 17 50 6 Profit after Tax 84 65 30.1% 85 (0.4)% 234 203 15.2% PAT Margin % 5.4% 5.2% 23 Bps 5.5% (11) Bps 5.2% 5.4% (22) Bps
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Page 13 Historical Income Statement Consolidated Particulars (INR Crores) FY21 FY22 FY23 FY24 FY25 Revenue from Operations 2,368 2,976 4,300 4,651 5,056 COGS 1,493 1,876 2,777 2,924 3,146 Gross Profit 875 1,100 1,523 1,727 1,910 Gross Profit Margin 36.9% 36.9% 35.4% 37.1% 37.8% EBITDA 217 295 461 514 575 EBITDA Margin 9.2% 9.9% 10.7% 11.1% 11.4% Other Income 33 24 16 16 32 Depreciation 94 112 138 166 204 EBIT 157 207 339 364 403 Finance Cost 36 31 41 56 67 Exceptional Item - 33 - - - Profit Before Tax 121 209 298 308 336 Tax Expense 31 24 4 83 96 PAT Before Share of Associate and JV 90 185 294 225 239 Share of Associate/JV 4 7 (10) 2 16 PAT and Share of Associate and JV 94 192 285 227 255 PAT Margin 4.0% 6.4% 6.6% 4.9% 5.1%
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Investment in existing Business Strategic Priorities to Deliver Strong Growth New Product Launch New Market Export Focus Investment in R&D Premiumization of Existing Products
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Page 15 New Product Launch Driving Growth: Entry into New-Age Product Categories Automotive Sunroof Power Tail Gate Plastic HV- Connector Charging Interface Battery PackBusbar Handle Related Panel Related Front Panel Related Steering Related Touring Class Scooter For SXS Audio System Combination Steering Single Function Sunroof and PLG Switches EV Products • Secured a Rs 350 Crore (lifetime value) order for sunroof from a leading OEM • New manufacturing facility coming up in Pune; SOP planned in Q1 FY27 • Secured a significant order with a life time value exceeding Rs. 1,000 crore from a leading 2-wheeler OEM • New manufacturing facility expected to commence operations in Q4 FY27 • Technological agreement with SANCO China • Focus on the localization • Won multiple orders from various customers • SOP Started for ECU Connectors
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Strategic Priorities to Deliver Strong Growth New Market Export Focus Investment in existing Business New Product Launch Investment in R&D Premiumization of Existing Products New Market Export Focus
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Page 17 FY21 Rs. 220 Cr FY30 Rs. 1,500 Cr FY25 Rs. 420 Cr CAGR-18% CAGR-29% 9%8% Shifting global trade and a cost advantage position India's auto component industry for healthy export growth. Sources - ACMA | McKinsey Report Accelerating Export Growth to Capture Global Markets ➢ Exports grew 22% YoY in Q3 FY26, driven by increasing traction across international markets ➢ Targeting export markets to accelerate growth in the metallics segment ➢ Changing global trade flows and cost advantages are driving strong export growth for India’s auto component industry
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Premiumization of Existing Products Investment in existing Business Strategic Priorities to Deliver Strong Growth New Product Launch New Market Export Focus Investment in R&D
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Page 19 Business Segments Transforming Current Business Lines as per Technology Trends Vehicle Access Wiring Harness & Connectors Die Casting & Interior Plastic EV Power Electronics Intelligent & Smart Smart PEPS Flush Door System PLG Systems Cyber Security & E/E Architecture Electrical Distribution Systems PDU & BDU EV HV Wiring Harness Smart Junction Box EV HV Connection System Connected & Safe Mobility Large Size TFT & Conn. Clusters Telematics Sensors for safety, ADAS and EVs ADAS Systems Light Weight & Sustainable Cylinder Head Cover Centre Console Engine Mounting Bracket Battery Tray EV Drive Train Solutions Off Board Charger X in 1 Onboard Chargers EVSC/ ICCPD Clusters, ADAS & Sensors
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Investment in R&D Strategic Priorities to Deliver Strong Growth Investment in existing Business New Product Launch New Market Export Focus Premiumization of Existing Products
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Page 21 R&D Process • Transforming from mechatronics to advance technology provider • Focused towards innovating new technology and developing advance automotive products • State of art technology center in India • Best In class testing facilities including EMC/EMC, HIL/SIL, SMT facility and unique design studio R&D Expenditure (% of Revenue) 2 Advanced Engineering Centre 7 Engineering Centre 320+ Patents Filed 900+ Engineer Headcount WH Design, E&E Architecture & Digital Cluster Power Electronics & Vehicle Access Solutions 1.3% 1.4% 3.1% 4.3% Engineering Capabilities Electronics Hardware Mechatronics Engineering Embedded Software Testing, HIL, SIL, EMI/EMC, CAE Innovation & Engineering for New Age Solutions
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CSR and ESG
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Page 23 ESG Transforming Towards Sustainable Mobility SMGM received GOLD rating in TVSM Sustainability Index Audit (MSI) Spark Minda(WHD GN) has been honored with ‘Diamond Idea Award’ for Water Conservation & Gold Idea Award on the theme ‘Digitalization on Safety’ Minda Vast Pune, successfully passed - 2025 HMC Supply Chain ESG Assessment - Hyundai Motors India Spark Minda Received the Most Impactful Renewable Energy Initiative of the Year Award at Indian Social Impact Awards 2025 Sustainable Operations Launched World on Wheels Bus for digital empowerment in Uttarakhand, event inaugurated by honorable CM of Uttarakhand 1,400+ students convocated from 8 skill development centers PAN India MS-CIT Certification for rural youth in computer course in Murbad, Maharashtra 5000+ people in underserved communities reached out through health camps & eye camps Through our Prison Inmate Reform Programme – Saath, we have engaged around 500 Inmates in manufacturing 20+ units of blood donated by MCL employees Care For People Spark Minda Sustainable Procurement Guideline shared during Supplier’s conference Release of BRSR Report FY 2024-25 Stakeholder management Policy Quality Management System in accordance with ISO 9001:2015 OHSAS 45001:2018 ISO 14001: 2015 ISO 50001:2011 Ethical Business 1,000+ accessible and assistive aid to people with disabilities 800+ persons with disabilities currently employed across the Group Spark Minda was bestowed upon with the Best Initiative for Persons with Disabilities of the Year Award at Indian Social Impact Awards 2025 BVOKAL Award for disability programme - Saksham Parivartan Category 30+ Sri Lankan PwDs provided with accessible & assistive aids at Indo-Lankan camp in Chennai Skill development training facilitated for 26 inmates in Puzhal prison, Chennai Inclusive Growth Addressed and resolved environmental queries from Tata Motors, Mahindra & Mahindra, TVS, Heromotocorp, Ashok Leyland, Stellantis, MSIL, Zapi to their satisfaction Spark Minda has launched the Greenlink Initiative to create a low-carbon and resilient supply chain Spark Minda successfully conducted meetings with Ashok Leyland, Mahindra, Tata Motors, TVS, Yamaha, Bajaj Auto to show case our Sustainability & CSR Initiatives Total plantation in Q1, Q2 & Q3: 2200+ Responsible Value Chain
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Page 24 Corporate Social Responsibility FICCI Award - Inclsive Development of PWDs Aakarshan - 1,400+ students convocated from 8 skill development centers PAN India Launched World on Wheels Busfor digital empowerment in Uttarakhand. Bus inaugurated by CM of Uttarakhand, Sh. Pushkar Singh Dhami Launched Skill Development Center for Empowerment of Persons with Disabilities (PwDs) in Uttarakhand. Health camps & eye camps – 5,000+ people in underserved communities reached 20+ units of blood donated by MCL employees
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Page 25 Awards & Achievement Q3 & 9M FY2026 Total 166 External Awards received in Q3 FY26 ▪ QCFI - 20 Awards ▪ CII - 15 Awards ▪ Others - 7 Awards ▪ Customers - 3 Awards Business Vertical – 1 (Mechatronics, Aftermarkets & others division) won 45 awards during Q3 FY26 ▪ QCFI - 44 Awards ▪ CII - 27 Awards ▪ ACMA - 1 Award Business Vertical – 2 (Information & Connected System division) won 72 Awards during Q3 FY26 ▪ QCFI - 23 Awards ▪ CII - 11 Awards ▪ Others - 6 Awards ▪ Customer - 1 Award DCD – won 41 Awards during Q3 FY26 ▪ QCFI - 5 Award ▪ CII - 1 Award ▪ ACMA - 1 Award ▪ Customer - 1 Award Business Vertical – 5 (EME & SMGM) won 8 Awards during Q3 FY26
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COMPANY - OVERVIEW Minda Corp.
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Page 27 Public & Other Shareholding Strong Promoter Shareholding 35.2% 64.8% MINDA CORPORATION LTD JVs and Associates Subsidiaries Minda Instruments Ltd. Spark Minda Toyodenso Spark Minda Green Mobility Minda Vietnam PT Minda Indonesia Flash Electronics 49.0% Minda HCMF 50.0% Minda Vast 50.0% Minda Infac Pvt Ltd. 51.0% EVQ Point 29.5% Minda Furukawa 17.5% Schematic Representation of Minda Corporation
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2/5/2026 28 Page 28 Strategic Partnerships 10 Strong Partnering with domestic and global clients to drive the automotive transition CHINA Electrical Distribution 10 Strong Partnering with domestic and global clients to drive the automotive transition INDIA JAPAN Advanced Switches INDIA TAIWAN KOREA Sunroof, Power Tail Gate Antenna System Motor, Motor Controller INDIA Mechanical Keys ITALY Vehicle Access GERMANY EV Charging Solutions INDIA Sensors and Clusters USA Wiring Harness JAPAN
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Page 29 Strong Relationship With Marquee Customers Across Segments 2-3-Wheeler Commercial & Off Highway vehicles Passenger Vehicles Other Market
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Page 30 Well Diversified Product Range Expanding Core Verticals to Fuel Future Growth Interior Plastics 2W Vehicle Access Starter Motor & Alternator Sunroof & Power Lift Gate Fuel Pump EV Motor Housing Handle Assembly Turbocharger Aftermarket Driver Information System 2W / 3W / 4W EV Wiring Harness EV Powertrain EV Charging Busbar Connectors ADAS iRAS Sensor Smart Electronics EV Mobility ITS 4W Vehicle Access
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Page 31 Mr. Ashok Minda Chairman & GCEO Mr. Gajanan V. Gandhe Independent Director Mr. Ravi Sud Independent Director Mr. R Laxman Independent Director Over 38 years in the automotive component sector has forged global collaborations and spearheaded sustainable smart mobility projects across multiple countries. Mr. Aakash Minda Executive Director ED of Group; an honours graduate from Cox School of Business and ISB; has over eight years of experience in the automotive sector overseeing global operations. Mr. N.K. Modi Executive Director CS and CA, with over 34 years in the automotive sector, leading critical businesses at Minda Corp for 25 years. Ms. Pratima Ram Independent Director Former CEO of SBI Capital Markets; currently on the board of Cadila Pharma, Manappuram Home Finance, Moneyline Credit, Avaali Solutions, and MIL. MBA and MS in Engineering Mechanics; over 34 years of automotive industry experience in the U.S., India, and China. MBA from IIM-A and certified FCS and AICWA; over 40yrs of experience in automotive industry strategy and financial management. CMA and MBA from SPJIMR; 30+yrs experience in finance, strategy, and M&A; currently at More Retail Pvt. Ltd., former Group CFO at Minda Corp. Board of Directors Guiding The Way Forward
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Page 32 Leadership Team Driving Growth N.K. Modi ED & CEO BV5 35+yrs of experience in auto component sector H.N. Mishra CEO, Die Casting 32+yrs of experience in automotive and manufacturing sectors Sumit Doseja CEO, SSD Over 27yrs of experience in the automotive component sector Deepak Arora CEO, Wiring Harness 26+yrs of expertise in the electronics and semi conductor industry Aakash Minda Executive Director Responsible for Group Marketing, Strategy, and Finance functions Ashok Minda Chairman & GCEO Over 38 yrs of expertise in the automotive component sector Sunil Goel CEO, Aftermarket 20+yrs of experience in Automotive component sector Ajay Singhroha Group CHRO 24yrs+ of industry experience Ajay Agarwal President Finance & Strategy 24+yrs of experience in Finance & Strategy D. Suresh Group CTO Over 27+yrs of global and domestic experience in R&D of Auto Industry Joy Panda Group CMO 20+yrs of expertise in the automotive industry Supratik Roy CEO, Emerging Business 24+yrs of experience in Automotive electronics & semiconductors
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Page 33 Combined Solutions for EV Battery Charger TFT Instrument Cluster HV Wiring Harness Connection System EV Traction Motor IDU Mid Drive Motor Motor Controller Unit Telematic Control unit VCU cum BCM Primary Gear BLDC Motor with Fan Assy • Product Offered by Flash Electronic EV Kit Value -2W Offered By Products Kit Value (in INR) MCL • Off Board Battery Charger • DC-DC Converter • Charging Gun • High Voltage Wiring Harness • TFT Instrument Cluster • Cell Contact System • Bus Bar • EVSE • Charging solutions • Battery Telematics 12,000-15,000 Flash • EV Traction Motors • Motor Controller Unit • BLDC Motors with Fan Assy • Primary Gears • IDU Mid Drive Motors • Telematic Control unit • Vehicle Control Unit 18,000-20,000 Kit Value for Powertrain Specific e2W 30,000-35000 Charging Gun PDU DC-DC Converter • Product Offered by MCL Connectors EVSE EV Busbar Cell Contact System
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Page 34 Comprehensive Solutions for 4W Power Lift Gate System EVSE Charge Gun IC CPD Sunroof SystemElectronic Steering Column Lock Digital Clusters & Cockpit Interior Plastics Door Zone Module Seatbelt Reminder Around view Monitoring System Antenna Rain and Light Sensor High voltage wiring harness connection system DC DC Converter Battery Charger Speed Sensor Telematics Temperature Sensor EGT Sensor Start Stop Button Airbag Harness Key Fob Wireless Charger TPMS BLDC Motor Wiper Motor
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Page 35 Comprehensive Solutions for Commercial Vehicle/Bus EV PDU Sensor Cables Battery Cables EV Busbars Cylinder Head Cover Plastic Oil Pan Position Sensor Soot Module Sensor EGT Sensor Junction Box Door Handle Digital/TFT Cluster Air Vent Speed Sensor Wiring Harness Die Castings Fuse Box Intelligent Transport System Immobilizer Ignition Switch Cum Steering Lock Temperature Sensor E Bus Motor E Bus invertor
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Page 36 Disclaimer 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 developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Minda Corp undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances. Corporate Office: D-6-11, Sector – 59, Noida, Uttar Pradesh - 201301 Tel: +91 120-4442500 • Fax: +91 120 4787201 Registered Office: A–15, Ashok Vihar, Phase – 1, Delhi – 110 052 INVESTOR RELATIONS CONTACT Nitesh Jain Lead- Investor Relations Minda Corporation Limited nitesh.jain@mindacorporation.com +91 96491 31472 Simran Malhotra / Jatin Babani Investor Relations Advisor Churchgate Partners minda@churchgatepartners.com +91 22 6169 5988