The shares of leading automotive solutions providers gained up to 2 percent after the company signed the Joint Venture Agreement to develop and manufacture a high-voltage category of powertrain products.
Price movement
With a market capitalization of Rs 50,827.80 crore, the shares of UNO Minda Ltd were trading at Rs 885.25 per share, decreasing around 0.78 percent as compared to the previous closing price of Rs 892.20 apiece.
Reason for Rise
According to the company filing, UNO Minda Ltd signed a JV agreement with Uno Minda Auto Innovations, Suzhou Inovance Automotive, and Inovance Automotive (HK) to develop and manufacture high-voltage EV powertrain products for 4W passenger and commercial vehicles, including combined charging units, E-axles, inverters, and motors.
Financial condition
Looking forward to the company’s financial performance, revenue climbed by 19 percent from Rs 3,523 crore in Q3FY24 to Rs 4,184 crore in Q3FY25, during the same time net profit magnified by 24 percent from Rs 205 crore to Rs 254 crore.
The company reported Rs 1,045 crore in revenue from Switching Systems (25 percent of total, 20 percent YoY growth), Rs 982 crore from Lighting (15 percent YoY growth), Rs 768 crore from Casting (18 percent of total, 13 percent YoY growth), Rs 273 crore from Seating (export headwinds, new orders expected), and Rs 184 crore from Acoustics (European challenges).
Also read: Artefact Projects jumps 7% after receiving order from National Highway Authority
Industry Outlook
The global economy is set to grow at 3.3 percent in 2025-26, below the 3.7 percent average. The U.S. thrives at 2.7 percent due to strong consumption, while the Eurozone struggles with weak manufacturing. China faces property woes at 4.6 percent. India remains resilient, leading with 6.5 percent stable growth despite global headwinds.
Strategic Developments
Uno Minda showcased innovative electric mobility technologies at the Auto Expo Component Show 2025. It secured the final NCLT order for merging Kosei JV entities, ensuring synergies and cost savings. The company focuses on EV products, with Rs.238 crore revenue from EV two-wheeler OEMs.
Capacity Expansion and Future Outlook
The company plans to expand its aluminum die-casting capacity in Hosur from 11,000 to 15,000 tons. It has invested Rs. 350 crores in land acquisition over nine months. Management is optimistic about auto industry growth, targeting EBITDA margins of 11% ± 50 bps with improvements expected.
Company profile
Uno Minda Limited manufactures and supplies patented automotive solutions and systems to original equipment manufacturers at the tier-1 level. The company’s product segments include switches, sensors, controllers, lighting, acoustic, alloy wheels, seats, aftermarket, casting, and ADAS.
Written by Abhishek Singh
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