UNO Minda Limited — Q4FY26 Earnings Call Summary

UNOMINDA · Q4FY26 · Filed 22 May 2026

Key Takeaways

• Margin guidance for FY27 around 11% ±50 bps despite startup costs and commodity/labor inflation
• Capex of INR 1,750 Cr planned for FY27; 7 of 11 projects to start/ramp-up including EV powertrain and sunroof
• FY26 consolidated revenue grew 17% y-y to INR 19,589 Cr; EBITDA up 16% at INR 2,182 Cr with 11.1% margin; PAT rose 24% to INR 1,166 Cr (normalized)
• Export revenue from India expected to grow from INR 600 Cr to over INR 1,500 Cr in next few years
• Infotainment JV with Denso to start SOP in FY29 with INR 600 Cr order; potential to grow beyond INR 1,500 Cr by FY30
• Fundraising resolution of INR 2,500 Cr is enabling only, no immediate plans disclosed
• Market share gains across switches, lighting, alloy wheels; capacity expansions underway with 9.5 mn 2W and 7 mn 4W alloy wheel capacity planned
• New EV powertrain plants in Maharashtra and Pune with INR 550 Cr and INR 400 Cr capex respectively; combined revenue potential >2x capex
• Alloy wheel penetration ~70% in 2W, ~40% in 4W; labor cost increases significant, efforts ongoing for price pass-through
• Q4FY26 revenue INR 5,336 Cr (+18% y-y), EBITDA INR 603 Cr (+14%) with 11.3% margin; PAT INR 326 Cr (+22%)

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.