Minda Industries Limited (MIL) is the flagship company of the UNO Minda Group. MIL is one of the leading suppliers of switching systems, lighting systems, acoustic systems & alloy wheels among others for 2W/3W/4W in the Indian automotive market. MIL has more than 28 manufacturing plants in India and 5 R&D; centers globally. Minda's technology tie-ups with global suppliers that give it access to new and high value products, its ability to gain market share across segments & globe and robust growth potential would benefit from a demand recovery in the industry and ramp-up with new customers and products. We estimate consolidated revenue to post 24% CAGR over FY16-18E, resulting in EBITDA margin...