Uno Minda Reports Record Q2 Revenue of ₹4,814 Crores with 13.4% Growth
UNO Minda, an auto components manufacturer, achieved its highest quarterly revenue of ₹4,814 crores in Q2, with 13.4% year-on-year growth. EBITDA grew 14% to ₹552 crores, and Profit After Tax increased 24% to ₹304 crores. The company saw growth across all segments, with Switching Systems, Lighting Systems, and Casting being the top revenue contributors. UNO Minda has 10 expansion projects underway with a ₹2,356 crores investment commitment. The company maintains a healthy financial position with a net debt to equity ratio of 0.36 and a ROCE of 19.6%.

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UNO Minda , a leading auto components manufacturer, has reported its highest ever quarterly revenue of ₹4,814 crores in Q2, marking a robust 13.4% year-on-year growth. The company's financial performance demonstrates strong momentum across its diverse product portfolio and deepening customer relationships.
Financial Highlights
- Revenue: ₹4,814 crores (13.4% YoY growth)
- EBITDA: ₹552 crores (14% YoY growth)
- EBITDA Margin: 11.5% (improvement from previous year)
- Profit After Tax: ₹304 crores (24% YoY growth)
Segment-wise Performance
| Business Segment | Revenue (₹ Crores) | YoY Growth | % of Total Revenue |
|---|---|---|---|
| Switching Systems | 1,176 | 11% | 25% |
| Lighting Systems | 1,106 | 14% | 23% |
| Casting | 917 | 9% | 19% |
| Seating Systems | 354 | 22% | 7% |
| Other Products | 1,070 | 18% | 22% |
The company's growth was broad-based across multiple product segments, with notable performances in lighting systems, seating systems, and other products.
Key Business Highlights
Switching Systems: The segment benefited from market share gains and a favorable customer mix in the two-wheeler segment.
Lighting Systems: Growth was driven by the start of tail lamp supplies for a recently launched customer model and the ramp-up of supplies for programs initiated in previous quarters.
Casting Business: The segment saw a 9% growth, with revenues of ₹465 crores from four-wheeler alloy business, ₹281 crores from two-wheeler alloy segment, and ₹171 crores from aluminum die casting.
Seating Systems: This segment registered an impressive 22% year-on-year growth, driven by favorable customer mix in the two-wheeler segment and increased revenue contribution from the bus passenger seat segment.
Other Products: This category, which includes controllers, sensors, ADAS, and EV systems, saw an 18% growth, contributing ₹1,070 crores to the total revenue.
Expansion and Future Outlook
Uno Minda currently has 10 expansion projects under implementation across product lines, with a total investment commitment of ₹2,356 crores. These investments are aligned with OEM expansion plans and the promising outlook for the auto industry.
The company's net debt as of September 30 stood at ₹2,362 crores, with a healthy net debt to equity ratio of 0.36. Uno Minda achieved a Return on Capital Employed (ROCE) of 19.6% based on annualized profits for H1.
Management Commentary
Sunil Bohra, Group Chief Financial Officer of Uno Minda Limited, expressed optimism about the company's future, stating, "We are entering the second half of the fiscal year with optimism and confidence. Our ongoing investments in new technologies such as EV systems, sensors, ADAS, alongside capacity expansion in core product lines position us well to capture emerging opportunities."
Bohra also highlighted the company's focus on sustainability, mentioning ambitious targets of achieving 60% renewable energy by 2030 and becoming carbon neutral by 2040.
As Uno Minda continues to prioritize innovation, operational excellence, and customer centricity, it remains well-positioned to capitalize on the growth opportunities in the evolving automotive landscape.
Note: All financial figures are in Indian Rupees (₹).
Historical Stock Returns for UNO Minda
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.31% | +6.30% | +10.28% | +32.77% | +31.36% | +613.07% |
















































