Uno Minda Q1 Profit Sees Marginal Growth as Revenue Rises 24%

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628

reported a steady performance for the first quarter of FY27, with consolidated net profit increasing marginally by 2.3% year-on-year to ₹300 crore. The company delivered robust top-line growth, with revenue from operations rising 24% to ₹6,618 crore, driven by strong demand from the passenger vehicle segment, higher content per vehicle, and contributions from newly acquired businesses. The company's EBITDA grew 17% year-on-year to ₹733 crore, while the EBITDA margin moderated to 11.1% from 11.8% in the corresponding quarter last year, reflecting higher raw material costs and integration expenses related to recent acquisitions. Growth was broad-based across its automotive component portfolio, supported by continued expansion in lighting, alloy wheels, switches, seating systems, and other key product segments. The company also continued to benefit from new product launches and increasing content supplied per vehicle. Industry & Economic Impact: The results highlight the continued strength of India's auto component industry, supported by healthy passenger vehicle production, increasing vehicle electrification, and rising demand for value-added automotive components. Suppliers with diversified product portfolios are benefiting from higher localisation and technology adoption across the automotive sector. From an economic perspective, sustained growth in the auto components sector supports domestic manufacturing, exports, employment, and investments in advanced automotive technologies. The industry's expansion also strengthens India's position as a global automotive manufacturing hub and contributes to long-term industrial growth. Source: NDTV Profit No Recommendations