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Group Presentation 250,000+ EMPLOYEES MANY COMPANIES $19.4 ONE PURPOSE BILLION 100+ COUNTRIES 11 SECTORS 22 INDUSTRIES 1 © by www.mahindra.com Our story begins in 1945, with two men on a mission. THE MISSION driven by the core idea that people will Mr. J. C. MAHINDRA succeed if given an opportunity - was to bring the iconic Jeep onto Indian roads. Mr. K. C. MAHINDRA 2 © by www.mahindra.com A SNAPSHOT OF MAHINDRA'S MILESTONES The iconic Willy’s We set up Maxi Jeep comes to Motors Financial India for the very We become Market Services, (now We pioneer Farm Mahindra Scorpio is first time, brought Leader & 100,000 Mahindra Finance) launched, credited in by M&M Mechanisation & tractors are flagged off to finance launch our first tractor to have shaped the by Mr. Keshub Mahindra Mahindra vehicles SUV market 1945 1949 1955-56 1961 1962 1980s 1986 1991 1996 2002 We set up Mahindra & We go public and Mahindra Ugine Joint Venture with Club Mahindra is born, providing Mohammed and officially listed on BSE Steel Co (MUSCO) British Telecom holidays on a timeshare basis commence steel trading is incorporated (now Tech Mahindra) as a company (now Sanyo) Project Nanhi Kali is born, providing primary education to underprivileged girl children 3 © by www.mahindra.com A SNAPSHOT OF MAHINDRA'S MILESTONES We set up Mahindra International, a truck & bus business through a JV with st We acquired Bangalore The iconic Jawa comes The 1 Mahindra World Navistar International and startup Reva, and back to India, brought City is set up in Chennai – International Truck & Engine We set up the expanded our EV portfolio in by M&M subsidiary, a step in creating Corporation (ITEC), USA Aftermarket business sustainable urbanisation to personal vehicles Classic Legends 2002 2003 2005 2007 2008 2009 2010 2011 2018 2019 We set up Mahindra Our acquisition of Punjab The PE & Corporate VC arm of We reposition from Unveiling of Shubhlabh Services Ltd. Tractors (now Swaraj) the Mahindra Group is born, with Mahindra, to Mahindra Pininfarina Battista, to export quality grapes consolidates our market a USD 1bn+ fund to invest in Rise, our new identity is world’s 1st leadership businesses that shape the future based on our philosophy all-electric hypercar Mahindra Tractors wins Japan Quality Medal (JQM) as a recognition of We acquire Gipps innovation and quality Aero, Australia and Aerostaff, entering the aerospace sector 4 © by www.mahindra.com Rise gives us meaning and purpose. It instils in us ambition and attitude. To achieve whatever we set our minds to it asserts who we are, how we operate, what we believe in and our collective aspiration to be a globally admired brand. 5 © by www.mahindra.com CORE PURPOSE Together, our core BRAND PILLARS purpose, brand pillars and core values form ACCEPTING ALTERNATIVE DRIVING POSITIVE NO LIMITS THINKING CHANGE the House of Mahindra the foundation and framework of our being CORE VALUES Professionalism | Good Corporate Citizenship Customer First | Quality Focus | Dignity of the Individual 6 © by www.mahindra.com SHAPING INDUSTRIES TRANSFORMING LIVES World's Largest Tractor Among India’s Company by Volume Top 5 IT Service Providers No.1 Hospitality Company Amongst India's Largest outside of the USA We're Solar EPC Companies spearheading India's No .1 Multi-Brand India's biggest Large Certified Used-Car Company and paving Commercial Vehicle Maker new paths Pioneer in Building Smart Cities in Among India's Largest Third-Party India through Mahindra World Cities We are... Logistics Service Providers Only Indian OEM in Formula E World's 1st All-Electric All-Electric Car Racing Championship Hyper car - Pininfarina Battista 7 © by www.mahindra.com THE MAHINDRA GROUP – AN OVERVIEW WE ARE PRESENT IN 11 SECTORS AUTOMOTIVE AEROSPACE & DEFENSE MOBILITY SERVICES AGRI BUSINESS FARM EQUIPMENT FINANCIAL SERVICES HOSPITALITY IT PARTNERS REAL ESTATE TWO WHEELERS 8 © by www.mahindra.com THE MAHINDRA GROUP – AN OVERVIEW Aerospace Information Technology Aftermarket Insurance Broking Agri-industry Logistics Automotive Power backup …AND IN THE Boats 22 INDUSTRIES Real Estate & Infrastructure Clean Energy THAT SHAPE MOST Retail Construction Equipment MODERN ECONOMIES Rural Housing Finance Consulting Steel Defense Trucks & Buses Farm Equipment Two Wheelers Hospitality Vehicle & Equipment Finance 9 © by www.mahindra.com GLOBAL FOOTPRINT UK R&D facilities FINLAND TURKEY for Digitization, Smart R&D facilities R&D facilities for Farm Cities and Electric for Harvesting Mechanization with Racing Technology Technologies with Hisarlar & Erkunt Sampo Rosenlew JAPAN R&D facilities for FRANCE Rice value Chain with Mitsubishi R&D facilities Agri Machinery for Two Wheelers Technology USA SOUTH KOREA R&D facilities R&D facilities for Automotive & for Automotive Farm Technologies, Technology with Digitization, AI and IoT SsangYong ITALY R&D facilities INDIA for Advanced EV Automotive Engineering & Business presence Technologies Design, Connected Cars & and R&D facilities Business presence with Pininfarina Electric Vehicle Technology, Aerospace & Defense, Map not to scale, Automotive Tractors & Farm Machinery Two Wheelers Others Digitalization, AI & IoT For illustrative purpose only. 10 © by www.mahindra.com GLOBAL FOOTPRINT The group has business Our R&D facilities are set up in presence in 100+ countries with 20 centers across 10 countries 50% revenue from outside India China, Finland, France, India, Italy, Japan, South Korea, Turkey, UK, USA 40 INDIA 01 KENYA 72 02 ALGERIA 01 MALI Manufacturing 02 AUSTRALIA 01 MEXICO facilities around the world 01 BENIN 01 NIGERIA 01 BRAZIL 02 S KOREA 01 CANADA 01 SOUTH AFRICA 01 CHAD 01 SRI LANKA Farm Equipment 01 CHINA 01 TUNISIA Automotive 01 FINLAND 03 TURKEY Electric Vehicles 01 FRANCE 02 UAE Two Wheelers 01 INDONESIA 05 USA Others 01 JAPAN 11 © by www.mahindra.com GROUP MARKET CAPITALISATION – FY20 Group Market Capitalization Split US$ 18.11 bn** 20 INR 136,834 cr* 1.3 Others# (US$ 18.11 bn**) 18 1.3 Mahindra Finance 16 14 12 6.9 Tech Mahindra 10 8 6 4 8.4 Mahindra INR 6915 cr* & Mahindra 2 INR 1829 cr* (US$ 1.59 bn**) (US$ 0.58 bn**) 0 FY 95 FY 05 FY 20 *Price as on 31 June of corresponding fiscal year # Others include SsangYong, Mahindra Logistics, Mahindra CIE, Mahindra **US$ 1 = INR 75.54 Holidays, Mahindra Lifespaces, Swaraj Engines, Mahindra EPC 12 © by www.mahindra.com GROUP REVENUE – FY20 (US$ bn**) Group Revenue Split 20 19.4 18 16.9 Others 12% 16 IT 14 12.5 28% 12 10 US$ 8 19.5 bn 6 Automotive Financial 36% 4 Services 9% 2 0 Farm Equipment FY 11 FY 15 FY 20 15% **This is a full summation of Gross Revenue and other income of all the Mahindra Group companies taken together for FY20 13 © by www.mahindra.com MAHINDRA GROUP JOURNEY OF VALUE CREATION ₹ 1000/- invested in 1991 would have become more than ₹ 1.2 Lakhs today Over 125 times return in last 30 years at a CAGR of 17.6% Share price of M&M (INR) 1000 800 600 400 200 0 14 © by www.mahindra.com VALUE CREATION IN LISTED COMPANIES Tech Mahindra* MMFSL ₹ Cr Investment Returns Investment Returns 16,850 6,020 IRR: 24% IRR: 45% 1,206 986 Swaraj Engines Mahindra Holidays Investment Returns Investment Returns 532 2,112 Returns include dividends, sale IRR: 37% & market value of the holding IRR: 21% on 31st March 2020. Investment 26 includes both original cost and 25 subsequent investments. 15 © by www.mahindra.com GROWTH DRIVERS…OUR GEMS We have identified certain unlisted businesses in our portfolio which could generate tremendous value. We would allocate the right resources to scale up these ‘Gems’. Susten Rural Housing Finance Powerol Accelo Agri Technology led Small ticket rural Telecom genset provider India’s leading steel Trusted provider of Agri utility scale solar housing loans, large with strong distribution; solution provider with inputs (seeds, crop dev-co with intl field force & customer- Scaling up thro’ high foray into auto re-cycling care, irrigation) and EPC experience oriented products KVA gensets through Cero high-quality fruits Aftermarket Classic Legends Electric Mobility Bristlecone Leading used car player Launched historic Making EVs since 2010, Full range mobility Specialist technology with end-to-end solution, brands in premium ME will build scale with player with pan provider for supply vast franchisee network motorcycle segment; EV technology for PVs India presence & chain, serving Fortune & strong online presence Strong start in market and 3 wheelers EV focus 500 customers 16 © by www.mahindra.com GOVERNANCE IS OUR BEDROCK Growth, Governance & Social Focus Business Board of Directors & Committees Vision Award M&M: Golden M&M: ‘Best Corporate Peacock Global Governance – India Award for ‘Excellence Compliance 2019’ award from in Corporate Business Vision Governance for 2019 Promoting The Stakeholder Interest Mahindra People & Diversity M&M: ICSI ‘National Way Award for Excellence in Corporate Governance in Listed Sustainable Growth Segment: Large Category’ for 2019 M&M: AAA rating for 6 years in a row, from four key Credit Rating Agencies 17 © by www.mahindra.com DEFENCE & AERO SECTOR OVERVIEW BUSINESS HIGHLIGHTS Mahindra Defence & Aero sector is the Group’s Working on delivering 3 major programs: foray into the Hi-Tech Defence & Aero industry • Armoured Light Specialist Vehicle – an indigenously designed Govt focus on ‘AtmaNirbhar Bharat’ & developed vehicle for Indian Army driving growth in the industry • Integrated Anti-Submarine Warfare Defence Suite for the Indian Navy Dedicated state-of-the-art facilities created and capabilities built to support indigenization of defence manufacturing • Airport Surveillance Radar project Only corporate house in India to have capabilities to support Partnerships in place with renowned Global OEMs for all 3 wings of Defence forces – Land, Naval & Air Force. Military Helicopters, Fighter Aircrafts, Sea planes & Drones Land & Naval Radars & Aerostructures Homeland & Systems Flight Simulators & Space Cyber Security Armoured, Tactical & JV with Telephonics, A reliable partner in Largest private sector Specialist vehicles to the USA for Radars & aerostructures supply player in India providing security forces in India as Electronic Surveillance chain manufacturing emergency response well as exports to UN systems.
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