UNO Minda , a leading auto components manufacturer, has reported strong financial results for the first quarter, demonstrating robust growth across key metrics and strategic expansion in the electric vehicle (EV) segment.

Financial Highlights

UNO Minda posted consolidated revenue of Rs 4,489.00 crore in Q1, marking a significant 18% increase compared to Rs 3,818.00 crore in the same quarter of the previous year. The company's EBITDA grew by 33% year-on-year to Rs 543.00 crore, with EBITDA margin expanding by 142 basis points to 12.1%. Profit after tax (PAT) attributable to shareholders surged by 46% to Rs 291.00 crore.

It's worth noting that the Q1 results include a prior period incentive income of approximately Rs 69.00 crore, contributing to the overall growth.

Operational Highlights and Strategic Developments

UNO Minda made significant strides in expanding its EV capabilities and product portfolio:

1. Completed acquisition of FRIWO's stake in Uno Minda EV Systems Private Limited, making it a wholly-owned subsidiary.
2. Acquired related technologies, assets, and R&D teams from FRIWO, enhancing in-house innovation capabilities for EV components.
3. Commenced India's first localized camera module manufacturing at its Pune facility, with commercial supplies already underway.
4. Started commercial supplies of Electric Vehicle Supply Equipment (EVSE) products to dealerships, with OEM sales expected to begin in 3-4 months.

The company also made progress on capacity expansion initiatives:

1. Completed acquisition of 88 acres of land in Chhatrapati Sambhajinagar, aligning with its strategy to build land banks near auto hubs.
2. Approved a capex of Rs 210.00 crore for setting up EV casting products at the Chhatrapati Sambhajinagar facility.

Product Segment Performance

Switches remained the largest contributor to revenue at 25%, followed by Lighting at 23% and Casting at 19%. The company saw healthy traction across core product lines and accelerating momentum in emerging segments such as sensors, ADAS, and controllers.

Management Commentary

Mr. Ravi Mehra, Managing Director of UNO Minda Group, commented on the results: "Our performance in Q1 reflects not only strong execution but also the growing relevance of our innovation-led portfolio across emerging technologies. We continue to invest in future-ready capacities, strategic partnerships, and R&D capabilities across India and overseas to deepen our technology leadership and enhance our value proposition to customers."

Sunil Bohra, CFO of UNO Minda Group, added: "Our strategic investments in emerging technologies like EV components, ADAS, sensors, and advanced electronics are beginning to yield tangible results, further strengthening our position as a future-ready automotive solutions provider."

Future Outlook

With its strong financial performance, strategic acquisitions, and focus on emerging technologies, UNO Minda is well-positioned to capitalize on the ongoing transformation in the automotive industry. The company's emphasis on electrification, digitalization, safety, and premiumization aligns well with industry trends, potentially driving sustained growth in the coming quarters.

As UNO Minda continues to expand its EV portfolio and enhance its technological capabilities, it is poised to play a significant role in shaping the future of mobility solutions in India and beyond.

UNO Minda , a leading auto components manufacturer, has reported a robust financial performance for the first quarter, with significant growth in both revenue and profitability.

Strong Financial Performance

The company's standalone net profit for Q1 surged by 53% to Rs 273.86 crores, compared to Rs 179.13 crores in the previous quarter. This impressive growth was supported by a solid increase in revenue from operations, which reached Rs 3,373.23 crores.

UNO Minda's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter stood at Rs 589.00 crores, marking a substantial 16.43% increase from the previous quarter. The company's operating profit also saw a significant rise of 15.25% quarter-on-quarter, reaching Rs 526.70 crores.

Improved Operational Efficiency

The company's operational performance showed marked improvement, with the Operating Profit Margin (OPM) increasing to 11.63%, up from 10.92% in the previous quarter. This 6.50% improvement in OPM indicates enhanced operational efficiency and cost management.

Key Financial Metrics

Board Appointments and Corporate Actions

In addition to its financial achievements, UNO Minda announced key changes to its board composition:

1. Mr. Randhir Singh Kalsi has been appointed as a Non-Executive Independent Director for a two-year term, effective August 11, 2025.
2. The Board recommended the re-appointment of Mrs. Rashmi Hemant Urdhwareshe as a Non-Executive Independent Director for a second three-year term.

The company also reported several corporate actions:

• Allotment of 2,81,974 equity shares under an amalgamation scheme.
• Approval for further investment of up to Euro 5 million in its subsidiary Clarton Horn, S.A.U., Spain.
• In-principle approval for acquiring an equity stake in the joint venture Uno Minda Buehler Motor Private Limited.
• Issuance of Rs 200 crores in commercial papers.
• Investment of Rs 20 crores in subsidiary Uno Minda EV Systems Private Limited.

Conclusion

With its strong financial performance and strategic corporate actions, UNO Minda appears well-positioned in the auto components sector. The company's focus on operational efficiency and strategic investments suggests a positive trajectory for its operations.