Uno Minda Limited reported robust financial growth for the year ended March 31, 2026, with standalone net profit reaching Rs 971.69 crore. The Board has recommended a final dividend of Rs 1.75 per share, bringing the total dividend for the year to Rs 2.65 per share. Additionally, the company approved a major Rs 550 crore 4W-EV Powertrain project and a significant fund-raising initiative of up to Rs 2,500 crore to support future growth.
Financial Performance Highlights
For the financial year ended March 31, 2026, Uno Minda Limited achieved a standalone revenue of Rs 14,699.65 crore, marking a significant increase from the previous year. The standalone net profit for the year stood at Rs 971.69 crore compared to Rs 796.26 crore in FY2025. On a consolidated basis, the company reported a strong performance with a net profit attributable to owners of Rs 1,197.13 crore for the year.
Dividend Recommendation
The Board of Directors has recommended a final dividend of Rs 1.75 per equity share (87.5% of face value) for the financial year 2025-26. When combined with the interim dividend of Rs 0.90 per share already paid, the total dividend for the year aggregates to Rs 2.65 per share, representing 132.5% of the face value. The record date for determining shareholder eligibility for the final dividend is Friday, May 29, 2026.
Strategic Growth and Investments
To drive its future growth, the Board has approved several key strategic initiatives:
- EV Powertrain Expansion: A new 4W-EV Powertrain Project (DHT and EDU) has been approved with a total project cost of approximately Rs 550 crore, to be executed through its subsidiary, Uno Minda Auto Innovations Private Limited (UMAIPL). The company will invest an additional Rs 310 crore in UMAIPL over the next 2 years.
- Fund Raising: The Board has received approval to seek shareholder authorization to raise funds up to Rs 2,500 crore through various instruments, including equity-linked securities and debt, to support long-term growth and business requirements.
- Subsidiary Investment: An additional investment of up to Rs 20 crore has been approved for UnoMinda EV Systems Pvt. Ltd. (UMEVS).
- Strategic Acquisition: The Board approved a revised consideration for the acquisition of the remaining 19% equity stake in Minda Onkyo India Private Limited at a valuation of Rs 0.68 per share.
Corporate Governance and Auditor Appointments
The company announced the re-appointment of S.R. Batliboi & Co. LLP as Statutory Auditors for a second term of five consecutive years. Furthermore, M/s Protiviti India Member Private Limited has been appointed as Internal Auditor, and M/s Jitender Navneet & Co. has been appointed as Cost Auditor for the financial year 2026-27.
Source: BSE
