Investor Presentation on Financial Result of Q1 FY27

August 13, 2026 The Officer-In-Charge (Listing) Head - Listing Operations, Listing Department BSE Limited, National Stock Exchange of India P.J. Towers, Dalal Street, Ltd., Exchange Plaza, Bandra Kurla Fort, Mumbai – 400 001 Complex, Bandra (East), Scrip Code: 538962 Mumbai - 400 051 Scrip Code: MINDACORP Sub: Earnings Presentation on the Audited Financial Results for Quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule-III (Part A), please find enclosed herewith the Earnings Presentation on the audited Financial Results for Quarter ended June 30, 2026. Thanking you, For Minda Corporation Limited Pardeep Mann Company Secretary Membership No. A13371 Enclose as above: Minda Corporation INVESTOR PRESENTATION Q1 FY2027 www.sparkminda.com Minda at a Glance A significant player in the global automotive industry for over six decades Vision ₹ 9,016Cr ₹ 6,185 Cr 42 23,000+ Be a Dynamic, Innovative and Profitable global automotive organization to emerge as the preferred supplier and FY26 Group Revenue* FY26 Consol Revenue Manufacturing Plants Workforce employer and create value for all stakeholders Electrical Light Driver Vehicle EV System & Power Business Distribution Weighting & Information access Electronics Train Solution Verticals Mission System Plastics System Be a complete automotive system solutions provider and build a brand recognized by vehicle manufacturers all over the world “Customer First” is Strategically Located Plants Well Placed Marketing Professionals, Customer unified belief at & Offices in India, ASEAN, Product Managers, Project Managers Centric Spark Minda Japan & Europe and Business Operations team Values Commitment to Stakeholders, Passion for Excellence, Open 1,000+ 2 7 Communication, Integrity & Fairness, Nurture Talent, 335+ 3-4% Engineering Competency & Willingness, Respect & Humility Engineering Advanced Tech Engineering Patents R&D Spend Focused Headcount Centre Centers Industry Partnerships *Revenue includes Associates and JVs Page 2 Indian Automotive Industry Performance Production Volumes in Millions Q1 FY27 Growth (Y-o-Y) Q1 FY27 Growth (Q-o-Q) 0.3% 21.8% 22.8% 2.7% 9.69 9.67 9.69 7.96 7.25 7.06 7.25 5.90 14.4% 15.2% 39.1% 16.8% 0.8% (16.9)% 3.4% (7.5)% 1.24 1.45 1.57 1.45 0.29 0.34 0.26 0.30 0.26 0.36 0.33 0.34 0.36 0.30 0.35 0.36 Tractors CV 3 W PV 2 W Auto Industry Tractors CV 3 W PV 2 W Auto Industry Q1FY26 Q1FY27 Q4FY26 Q1FY27 ➢ 2Wsachieved record Q1 FY27 two-wheeler volumes, driven by strong scooter demand and GST-led momentum, supported by record exports across key international markets ➢ 3Ws delivered record three-wheeler volumes, supported by robust demand across passenger and goods carriers, improving urban economic activity, and all-time high exports ➢ PVsrecorded highest-ever Q1 passenger vehicle volumes, backed by strong utility vehicle-led demand, premiumization trends, and resilient export growth ➢ CVsdemand remained strong, driven by replacement demand, healthy activity in the mining and cement sectors, and robust export growth ➢ Tractorswitnessed strong momentum, supported by healthy rural demand, favorable farm sentiment, and increased agricultural activity ➢ EVs recorded 57% YoY growth in Q1 FY27, with registrations reaching 8,25,452 units, reflecting accelerating EV adoption and a widening product portfolio ➢ Auto industryrecorded its highest-ever Q1 volumes in FY27, supported by healthy demand across vehicle segments, improving economic activity,and record exports Source: SIAM, TMA Page 3 Q1FY27 Business Performance Key Strategic Developments Highest ever Quarterly Revenue of Rs. 1,846 crores with a growth of 33% YoY Highest ever Quarterly EBITDA of Rs. 212 crores with a margin of 11.5%, expanding by 19 bps YoY Total New Lifetime Order-book in Q1FY27 Rs. 2,500 crores with EV constituting over 15% Minda Vast consolidated with Minda Corporation to strengthen the PV segment 7 New Patents filed during Q1FY27, taking the total Patents filed to 335+ Page 4 Q1 FY27 Financial Highlights Growth Momentum Continues Rs. In Crores Revenue EBITDA PAT* YoY YoY YoY 33% 35% 216% 1,846 1,704 212 206 1,386 4% 124 11.9% 11.2% 11.3% 11.5% 66% 7.3% 4.7% Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 EBITDA EBITDA Margin (%) PAT PAT Margin (%) * Including exceptional gain (net of tax) of ₹106 crore arising from the consolidation of Minda Vast. Page 5 Business Vertical Performance Rs. In Crores Mechatronics, Aftermarket and Others: Information & Connected Systems: YoY YoY 33% 34% 771 933 Die Casting 650 Wiring Harness Vehicle Access Instrument Cluster Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 o Wiring Harness & Instrument Cluster Division delivered significant o Strong demand in domestic 2W and PV segment coupled with the growth, driving a notable increase in share of business (SOB) with premiumization of existing products, significantly contributed to overall existing customers while expanding the customer base through new growth customer acquisitions. o Consolidation of Minda Vast into Minda Corp to strengthen its presence o Cluster Division gained strong market interest, successfully securing in the PV segment. multiple high-value orders Page 6 Revenue Break-Up By Products By Geography By End Market SE Asia Europe & North Q1 FY26 Q1 FY27 America Others 6% 2-3 Wheelers 47% 46% Clusters Q1 FY26 Q1 FY26 Commercial Vehicles* Casting Vehicle Access India 15% 23% 29% 27% SE Asia Europe & North Passenger Vehicles Others America 5% 12% 15% 19% Clusters 32% Q1 FY27 Q1 FY27 After Market Casting 9% 8% 15% Vehicle Access India 25% 89% Note:-*Includes off highway and tractors Page 7 Strategic Partnership with FLASH ELECTRONICS Financial & Other Highlight (FY26) Flash Electronics Rs. In Crores Revenue from Operations Revenue EBITDA PAT EV Revenue (%) YoY 42% Rs. 1,803 Crs Rs. 310 Crs Rs. 137 Crs 21% Business Verticals Manufacturing Facilities 150+ 6 Manufacturing facilities in Engineering India Q1 FY26 Q4 FY26 Q1 FY27 Headcount + 2 Manufacturing facilities in EBITDA 3,500+ Germany and Hungary Electrical & Powertrain YoY Electronics Components Workforce Key Customers 15.8% 18.0% 15.4% Audi, Bajaj, BMW,BRP Rotax, Ducati, Harley-Davidson, Kawasaki, KTM, Mahindra, Moto-Morini, Piaggio,Porsche, Q1 FY26 Q4 FY26 Q1 FY27 Proton, Royal-Enfield, Suzuki, Tata,Triumph,Volkswagen,Webasto, Yamaha Product Portfolio 6.6% 5.7% 9.9% Q1 FY26 Q4 FY26 Q1 FY27 Page 8 Annexures Consolidated Profit & Loss Statement Particulars (Rs. Cr) Q1 FY27 Q1 FY26 YoY% Q4 FY26 QoQ% FY26 Revenue from Operations 1846 1,386 33.2% 1,704 8.4% 6,185 Raw Material 1180 862 1,101 3,900 Employee Cost 279 227 230 934 Other Expenses 176 141 169 631 EBITDA 212 156 35.4% 203 4.1% 721 EBITDA Margin 11.5% 11.3% 19 Bps 11.9% (47) Bps 11.7% Other Income 2 3 6 15 Depreciation 69 56 59 230 EBIT 144 104 39.5% 150 (3.9)% 507 EBIT Margin 7.8% 7.5% 35 Bps 8.8% (100) Bps 8.2% Finance Cost 31 33 30 122 Exceptional item 124 - 3 (1) Profit before share of Profit/(Loss) of associates/JVsand tax 237 71 235.0% 123 92.0% 383 PBT Margin 12.8% 5.1% 773 Bps 7.2% 559 Bps 6.2% Tax 49 19 31 106 Share of profit / (loss) in associates / joint ventures (net of tax) 18 13 31 81 Profit after Tax 206 65 215.8% 124 66.3% 358 PAT Margin % 11.2% 4.7% 646 Bps 7.3% 389 Bps 5.8% * Exceptional Item Rs. 106 crore (net of tax) is arising from the consolidation of Minda Vast. Page 10 Historical Income Statement Consolidated Particulars (Rs. in Crores) FY22 FY23 FY24 FY25 FY26 Revenue from Operations 2,976 4,300 4,651 5,056 6,185 COGS 1,876 2,777 2,924 3,146 3,900 Gross Profit 1,100 1,523 1,727 1,910 2,286 Gross Profit Margin 36.9% 35.4% 37.1% 37.8% 37.0% EBITDA 295 461 514 575 721 EBITDA Margin 9.9% 10.7% 11.1% 11.4% 11.7% Other Income 24 16 16 32 15 Depreciation 112 138 166 204 230 EBIT 207 339 364 403 507 Finance Cost 31 41 56 67 122 Exceptional Item 33 - - - 1 Profit Before Tax 209 298 308 336 383 Tax Expense 24 4 83 96 108 PAT Before Share of Ass [Showing first 8,000 characters — download PDF for full document]