Uno Minda Limited has announced strong financial results for the quarter and year ended March 31, 2026. 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. Alongside these robust results, the company has secured board approval for several strategic growth initiatives, including a Rs. 2,500 crore fund-raising authorization and significant new capital investments in its EV business segment.
Robust Annual Financial Performance
For the fiscal year ending March 31, 2026, Uno Minda Limited reported impressive growth. The standalone revenue from operations reached Rs. 14,699.65 crore, with a net profit of Rs. 971.69 crore. On a consolidated basis, the group performance was equally strong, reporting an annual revenue of Rs. 19,657.59 crore and a net profit attributable to shareholders of Rs. 1,197.13 crore.
Dividend Recommendation
Recognizing the strong financial performance, the Board of Directors has recommended a final dividend of Rs. 1.75 per equity share (87.5% on face value). When combined with the interim dividend of Rs. 0.90 per share already paid, the total dividend for the year stands at Rs. 2.65 per share, representing a 132.5% payout. The record date for the final dividend is set for Friday, May 29, 2026.
Strategic Growth and EV Expansion
The Board has approved several key strategic initiatives to drive future growth:
- Fund Raising: An enabling approval for shareholders to raise up to Rs. 2,500 crore through various financial instruments to support long-term growth and business requirements.
- EV Powertrain Project: Approval of a Rs. 550 crore Detailed Project Report (DPR) for manufacturing High Voltage 4W EV Powertrain products. This will be executed through the company’s subsidiary, Uno Minda Auto Innovations Private Limited (UMAIPL), with an additional equity investment of Rs. 310 crore planned over the next two years.
- Subsidiary Investment: A further investment of up to Rs. 20 crore in Uno Minda EV Systems Pvt. Ltd. (UMEVS) to support its working capital requirements.
- Acquisition Update: Approval for a revised consideration for the acquisition of the remaining 19% stake in Minda Onkyo India Private Limited at Rs. 0.68 per share.
Leadership and Audit Updates
The company announced the re-appointment of M/s Protiviti India Member Private Limited as Internal Auditors and M/s Jitender Navneet & Co. as Cost Auditors for the financial year 2026-27. Additionally, the Board has recommended the re-appointment of M/s S.R. Batliboi & Co. LLP as Statutory Auditors for a second term of five consecutive years.
Source: BSE
