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Harsh Vardhan

15th Aug · SEBI-Registered Analyst

UNO Minda is a leading auto-component manufacturer with a diversified portfolio spanning automotive switches, lighting, acoustics.

$UNOMINDA UNO Minda is a leading auto-component manufacturer with a diversified portfolio spanning automotive switches, lighting, acoustics, seating, alloy wheels, EV components and safety systems. The company benefits from rising vehicle content, premiumization, EV adoption and increasing localization by global OEMs. In Q1 FY27, consolidated revenue rose 23.8% YoY to ₹5,556.9 crore, while PAT was around ₹296 crore, although margins remained under pressure. Latest News: UNO Minda announced a ₹320 crore investment in a new Maharashtra plant for four-wheeler seating systems, expanding its presence in a higher-value segment. Corporate Action: The company has proposed the merger of subsidiary Minda Onkyo India with UNO Minda, potentially simplifying the structure and creating operating synergies. FY26 total dividend stood at ₹2.65/share, up from ₹2.25 previously. Strong revenue growth, product diversification and EV exposure support the long-term story, while margin pressure and high valuation remain key risks.

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