Uno Minda Limited – Investor Presentation Summary
Key Operational Highlights
- Entered passenger vehicle seating business with anchor customer order, new plant in Chhatrapati Sambhajinagar with capex of ₹320 Cr, expected SOP Q4 FY28
- EV Systems revenue grew by 130% YoY to ₹186 Cr in Q1 FY27
- e-2W charger supplies to new customer with increased share of business with existing customers
- Sunroof business added new customer with ₹130 Cr annual peak order, total order book crossed ₹500 Cr
- Added new global OEM for 4W lamps domestic supply in India
- Secured more orders and added second customer in Indonesia for 4W lamps
- Exports crossed ₹200 Cr for the quarter with 2W switch exports at ₹95 Cr and seating exports at ₹72 Cr
Key drivers of operational performance: New customer acquisitions, export momentum, EV product growth, and sunroof order book expansion
Financial Highlights
Revenue: ₹5,557 Cr (Consolidated, Q1 FY27)
EBITDA: ₹572 Cr
PAT: ₹296 Cr (UML share excluding exceptional items)
EPS: ₹5.11 (Diluted)
Margins: EBITDA margin at 10.3%, PAT margin at 4.8%
YoY comparison: Revenue up 26% YoY, EBITDA up 21% YoY, PAT up 24% YoY
QoQ comparison: Revenue up 4% QoQ, EBITDA down 5% QoQ, PAT down 9% QoQ
Drivers of financial performance: Higher revenue growth across segments, operational efficiencies
Key Risks: Raw material price pressures, global supply chain disruptions from West Asia conflict, elevated crude oil prices
Geographical Revenue Split
Domestic vs Export Revenue: Not specified in quantitative terms, but exports crossed ₹200 Cr for the quarter
Regional Breakdown: Significant operations in India, Indonesia, and global export markets
Balance Sheet Snapshot
Net Debt to Equity: 0.3 (FY26)
Reserves: Not specified
Current Ratio: 1.2 (FY26)
Working Capital/Leverage Metrics: Debt Service Coverage Ratio 4.0 (FY26), Fixed Assets Turnover Ratio 4.1 (FY26)
Financial Health Insights: Strong cash flow generation, maintained stable debt levels
Capex & Cash Flow Health
Capital Expenditure: Multiple ongoing projects totaling ₹3,788 Cr investment with ₹1,406 Cr incurred till 30.06.2026
Free Cash Flow: Not specified
Operating Cash Flow: Not specified
Net Debt Movement: Not specified
Investment Rationale: Focus on capacity expansion for 4W alloy wheels, EV powertrain products, sunroof, airbags, and new seating business
Strategic & R&D Initiatives
Investments in Innovation: 37 R&D and engineering centers globally, central R&D focus on advanced & future technology
Expected impact on growth: New product development supporting increasing kit value with OEMs
Strategic Rationale: Expanding into high-growth EV segments, increasing global presence, technology leadership
Industry Trends & Business Environment
Macro/Industry Trends: PV industry grew 17% YoY led by UVs, 2W growth at 23% YoY, exports grew 37%
EV Penetration: Q1 FY27 EV registration surged over 50% YoY, e-PV penetration increased to 6.8% vs 4.2% YoY, e-2W penetration increased to 9.2% vs 6.2% YoY
Policy Developments: Delhi government's EV policy 2.0 with tax relief and incentives, no new 2W petrol/CNG registrations from April 2028
Global Factors: West Asia conflict creating supply chain pressures, elevated crude oil prices, global inflation
Impact on Company: Benefiting from EV transition with agnostic portfolio, facing supply chain and cost pressures
Management Commentary & Growth Outlook
Strategic Outlook: Focus on sustainable global organization enhancing value for stakeholders, attaining technology leadership
FY Guidance: Not explicitly provided
Market Share Targets: Not specified
Risks and Opportunities: West Asia conflict impacting supply chains and costs, EV transition creating growth opportunities
ESG Updates
CSR Initiatives: Education, skill development, healthcare, and community wellbeing through 18 centers across 7 states, three senior secondary schools, and a hospital
Certifications: Great Place To Work® certified for fifth consecutive year
Awards: Best Governed Company award, Top 50 Innovative Companies recognition, Best Patent Portfolio Award
Corporate Structure
Global Presence: 78 plants globally, 17 joint ventures/technical license agreements, operations across multiple continents
Employee Strength: 37,000+ employees
Product Lines: 28 product lines across auto components and systems