Uno Minda Ltd(UNOMINDA)

NSE: UNOMINDABSE: 532539

₹ 1,052-1.52%refreshed 23 Oct, 03:52 pm ISTMarket cap: ₹ 60,750 crWebsite: www.unominda.comUpdated: 24 Oct 2026

About

Uno Minda is a leading global automotive technology company supplying 28 product lines across six domains - Electronic and Control Systems, ADAS, Controllers and Sensors, Safety and Comfort Systems, Lighting and Alternate Fuel, and Light Metal and Powertrain - with over 95% of products powertrain-agnostic. The company operates 78 manufacturing facilities globally, including 72 plants in India, and employs over 37,000 people. It reported revenue of ₹19,657.59 Cr in FY26.^[1][2]

Business segments

Reports a single auto components segment; FY26 revenue of ₹19,657.59 Cr split ₹17,482.58 Cr in India and ₹2,175.01 Cr outside India, vs ₹15,081.29 Cr and ₹1,693.32 Cr in FY25.^[1][3]
Casting vertical (4W alloy wheels, 2W alloy wheels, aluminium die casting) reached ₹1,090 Cr in Q1 FY27, up 32% YoY, making it the fastest-growing vertical that quarter.^[4]
Green Mobility vertical (alternate fuels ₹184 Cr, EV Systems ₹186 Cr, Uno Minda Automation ₹123 Cr, controller EV ₹37 Cr) reached ₹542 Cr in Q1 FY27, 10% of consolidated revenues vs 7% a year ago.^[4]
Seating segment revenues were ₹381 Cr in Q4 FY26 and ₹1,416 Cr for full-year FY26, up 23% YoY.^[5]
Switch division reached ₹1,343 Cr in Q4 FY26, up 17% YoY, with 2W switching growing over 26% YoY that quarter.^[5]
Aftermarket and SPD combined revenues were ₹590 Cr in Q1 FY27; the Aftermarket division offers over 7,000 SKUs across 2W, 3W, PV, CV, Tractor and Off-Road.^[4]

Products and technology

28 product lines across 6 domains; over 95% of products are platform-agnostic, serving ICE, hybrid and BEV architectures (FY26).^[1]
CREAT in-house R&D centre developed an Android-based IVI platform, securing an order of ~₹600 Cr annual peak value, with SOP in Q3 FY29 via the Denso JV.^[5][1]
Camera module lines commenced commercial production in Q3 FY26; an additional order was secured from a Japanese PV OEM.^[6]
AVAS order secured for an electric PV programme ahead of the mandate requiring AVAS on new EV models from October 2026.^[6]
IPR portfolio crossed 1,176 filings with 869 IPRs granted as of FY26.^[1]

Operations and R&D

78 manufacturing facilities globally (72 in India) and 18 warehouses globally (17 in India) as of FY26.^[1]
37 R&D and engineering centres across India, Germany, Spain, Japan, Vietnam, Taiwan, Korea and the Czech Republic; R&D spend about 4% of consolidated revenues in FY26.^[1]
PT Minda Asean in Indonesia commissioned a 4W long tail lamp facility in Q3 FY26; a second customer order was won with SOP expected Q2 FY28.^[1]
UMBM (Buehler Motors) became a 100% subsidiary in Q3 FY26, consolidating the 2W/3W traction motor business.^[6]
Acquired the remaining 49.9% of the Uno Minda-FRIWO JV in FY26, gaining full control of IPR, R&D teams and e-Drives operations in Germany and Vietnam.^[1]
Raised its stake in the Westport JV to 76% in FY26.^[1]

Key operating numbers

Physical exports from India were ₹228 Cr in Q1 FY27, up ~62% from ₹141 Cr in Q1 FY26; 2W switch exports ₹95 Cr, seating exports ₹72 Cr. FY26 exports were ~₹600 Cr.^[4]
International revenue share was ~10% in Q1 FY27 and Q3 FY26, up from ~9% in Q2 FY26.^[4]
Aluminium die casting revenues reached ₹248 Cr in Q1 FY27, up 66% YoY, on capacity additions at Bawal and Hosur.^[4]
EV Systems plus controller EV revenue was ₹218 Cr in Q1 FY27, up 24% from ₹176 Cr in Q1 FY26.^[4]
Industry e-PV penetration was 6.8% in Q1 FY27 vs 4.2% a year earlier; e-2W 9.2% vs 6.2%; 3W EV penetration exceeded 60%.^[4]

Customers and orders

A new global 4W OEM was secured for domestic lighting supply in India in Q1 FY27.^[4]
Seating export orders of ~₹390 Cr annual peak value from 3 new CV customers in Europe and North America; supplies expected from end FY28.^[4][1]
2W lighting order for previously unserved models of ~₹450 Cr annual peak value secured in Q4 FY26, with SOP in H2 FY28.^[5][1]
European Acoustics revenues fell ~13% YoY in Q2 FY26 as European OEMs shifted from dual to single horn.^[7]

Expansion and capex

Capex of ₹1,572 Cr incurred up to 31 March 2026.^[1]
12 projects under implementation with total capex of ₹3,670 Cr as of FY26; FY27 capex guidance ~₹1,750 Cr (₹650 Cr sustaining + ~₹1,100 Cr growth).^[1]
₹550 Cr greenfield EV powertrain plant at Chhatrapati Sambhajinagar (EDU and DHT, Inovance as tech partner) approved Q4 FY26; SOP targeted Q2 FY28.^[5][1]
₹320 Cr 4W PV seating greenfield plant at Chhatrapati Sambhajinagar via Uno Minda Tachi-S JV approved in Q1 FY27; SOP Q4 FY28; anchor customer secured.^[4]
Greenfield 4W alloy wheel plant (1.8 Mn wheels p.a.) approved in Q3 FY26 with ₹764 Cr capex over 3 - 4 years.^[6]
Sunroof facility commissioning expected by end FY27; order book exceeded ₹500 Cr in Q1 FY27.^[4]
Kharkhoda 60K/month 4W alloy wheel line ramping in Q2 FY27, extra 30K line in H2 FY27; Bawal 2W alloy wheel plant to add ~1 Mn units p.a. in H2 FY27.^[4]

Recent developments

On 24 September 2026, received a Pune VAT tax demand order of ₹1,13,72,385 (tax, penalty and interest); the company intends to contest it.^[8]

Market Cap

₹60,750 Cr

High / Low

₹1,355 / 994

Stock P/E

52.2

Price / Book

9.2

Book Value

₹118

EPS

₹20.7

No. of Shares

57.74 Cr

ROCE

20.1%

ROE

19.1%

OPM

8.0%

Debt / Equity

0.37

Sales

₹19,658 Cr

Net Profit

₹1,284 Cr

Promoter holding

68.4%

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