Uno Minda (532539) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 consolidated revenue reached INR 5,556.85 crore, up 26% YoY; EBITDA rose 21% to INR 572 crore at a 10.3% margin, while normalized PAT attributable to shareholders increased 24% to INR 296 crore.

• Group revenue including JVs and associates grew 21% to INR 6,896 crore; growth reflected domestic and export demand, especially in EV and seating segments.

• Expanded into passenger-vehicle seating and secured new sunroof and four-wheel lighting wins, alongside continued capacity investment.

• The board approved unaudited standalone and consolidated Q1 FY27 results and gave in-principle approval for voluntary liquidation of a non-operational wholly owned subsidiary.

Financial highlights

• Consolidated revenue was INR 5,556.85 crore versus INR 4,489.09 crore in Q1 FY26; comparison excluding INR 69 crore of prior-period income was INR 4,420 crore, with reported growth of 26%.

• EBITDA increased 21% YoY to INR 572 crore, with a 10.3% margin; commodity pass-through without markup diluted margin by ~40 bps.

• Normalized PAT attributable to shareholders rose 24% to INR 296 crore from INR 239 crore; consolidated net profit as reported was INR 315.51 crore.

• Standalone revenue was INR 4,029.39 crore and standalone net profit INR 244.43 crore; Q1 FY26 comparisons were INR 3,390.53 crore and INR 273.86 crore, respectively.

• Diluted EPS grew 23% YoY to INR 5.11; reported consolidated basic EPS was INR 5.12.

Outlook and guidance

• FY27 EBITDA margin guidance remains 11% ± 50 bps, biased toward the higher end despite commodity, gas and wage pressures.

• Healthy automotive growth is expected through FY27; priorities include market-share gains, higher content per vehicle, localization, new categories, capacity and R&D investment.

• New capacity, including alloy-wheel lines, and an order pipeline across EV powertrain, lighting, seating, sunroofs, infotainment and advanced electronics are expected to support growth.

• Export value is targeted to double or triple; export share depends on outgrowing domestic-market growth. EV penetration and supportive policies are expected to drive future growth.