UNO Minda , a leading auto components manufacturer, has seen its shares reach a new pinnacle, touching a record high of ₹1,301. The stock has surged an impressive 18% since August 6, following the company's announcement of strong financial results for the June quarter.

Strong Financial Performance

The company reported a stellar performance for the first quarter:

The robust growth was driven by double-digit expansion across various divisions, including switches, lighting, seating, and others. The significant improvement in operating margin was attributed to prior period state incentives and gross margin expansion.

New Leadership Appointments

In a move to strengthen its management team, UNO Minda has made two key appointments:

• Sanjeev Kulkarni as CEO
• Garima Garg as HR head

These strategic hires are expected to contribute to the company's continued growth and operational excellence.

Limited Overseas Exposure

UNO Minda's limited overseas revenue exposure, standing at just over 10%, provides a buffer against potential international market volatility. Notably, the United States is not among the company's top five export destinations, which may offer some protection against higher US tariffs.

Future Growth Initiatives

The company has outlined ambitious plans for future growth:

• Guided capex of ₹1,600-₹1,700 crore for FY26
• Three-quarters of the capex allocated for growth initiatives
• Acquisition of land in Chhatrapati Sambhajinagar for ₹130.00 crore
• Announced ₹210.00 crore capex for EV four-wheel casting components

These investments underscore UNO Minda's commitment to expansion and its focus on emerging technologies, particularly in the electric vehicle segment.

Analyst Outlook

The strong performance and growth initiatives have led to positive revisions in analyst estimates:

• Emkay Global raised FY26-27 EPS estimates by 2%
• Asit C Mehta increased EPS estimates by over 4% for both FY26 and FY27

These upward revisions reflect growing confidence in UNO Minda's business model and future prospects.

The company's robust financial performance, strategic appointments, and forward-looking investments have collectively contributed to the positive market sentiment, driving the stock to new heights. As UNO Minda continues to navigate the evolving automotive landscape, investors and industry observers will be keenly watching its progress in the coming quarters.

UNO Minda , a leading auto components manufacturer, has announced significant changes to its senior management team, effective August 2025. The company has appointed new leaders for two crucial positions while bidding farewell to long-serving executives.

New CEO for ACS Domain

Sanjeev Kulkarni has been appointed as the new Chief Executive Officer (CEO) of the ACS Domain, effective September 1, 2025. Kulkarni brings over two decades of experience in the global auto component industry to UNO Minda. His expertise spans operations, quality management, lean manufacturing, and new product introduction.

Prior to joining UNO Minda, Kulkarni served as Sr. Director - Automotive (BU) India at Harman International, where he led sales, program management, and plant operations. He also held key leadership roles at Visteon for more than 11 years, overseeing manufacturing, quality systems, and plant performance.

Kulkarni's appointment follows the departure of Kulithalai Srinivasan Ramesh, who stepped down from his position as CEO of the ACS Domain on August 30, 2025.

New Group CHRO

Garima Garg has been named the new Group Chief Human Resource Officer (CHRO), taking charge on August 27, 2025. Garg brings over two decades of diverse HR leadership experience across manufacturing, consulting, and banking sectors.

Before joining UNO Minda, Garg was the CHRO at ReNew Manufacturing, where she led HR strategy for a 3,000+ workforce across renewable energy plants. Her career includes key HR leadership roles at ReNew Power, Deloitte, Hay Group, PwC, GE Capital, and HSBC.

Garg holds a PGDHRM from XLRI Jamshedpur and a Graduate Certificate in HR from Cornell University. She replaces Rakesh Mehta, who stepped down from the position of Group CHRO on August 27, 2025.

Voluntary Departures

Both Kulithalai Srinivasan Ramesh and Rakesh Mehta have voluntarily stepped down from their respective positions. The company expressed gratitude for their contributions during their tenure at UNO Minda.

Commenting on the changes, UNO Minda stated, "We are confident that the wealth of experience and industry knowledge brought by Sanjeev Kulkarni and Garima Garg will contribute significantly to our growth strategy and organizational development."

These strategic appointments reflect UNO Minda's commitment to strengthening its leadership team as it continues to navigate the evolving automotive landscape and drive innovation in the auto components sector.