Uno Minda Limited Strong Financial Growth and Strategic Expansion Plans

Uno Minda Limited reported robust financial results for the quarter and fiscal year ending March 31, 2026. The company achieved consolidated revenue of ₹19,657.59 crore and a net profit of ₹1,284.06 crore for the year. Beyond strong financial performance, the company announced strategic plans, including a ₹550 crore 4W-EV Powertrain Project, continued investments in its EV subsidiary, and a recommended final dividend of ₹1.75 per share.

Annual Financial Performance Highlights

For the fiscal year ended March 31, 2026, Uno Minda delivered solid growth. The consolidated revenue from operations reached ₹19,657.59 crore, compared to ₹16,774.61 crore in the previous year. The consolidated net profit for the year stood at ₹1,284.06 crore, reflecting a strong bottom-line performance over the ₹1,020.57 crore reported in the prior year.

Dividend Recommendation

Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹1.75 per equity share (87.5% of face value) for the financial year 2025-26. This follows an interim dividend of ₹0.90 per share already paid, bringing the total dividend for the year to ₹2.65 per share.

Strategic Growth and EV Expansion

The company is aggressively scaling its electric vehicle capabilities. A major highlight is the approval of a Detailed Project Report (DPR) for a 4W-EV Powertrain Project, involving an estimated total project cost of ₹550 crore. This initiative will be executed through its wholly-owned subsidiary, Uno Minda Auto Innovations Private Limited, with an additional equity investment of approximately ₹310 crore planned over the next two years.

Fundraising and Subsidiary Investments

To support its long-term growth strategy and business requirements, the Board has recommended seeking shareholder approval to raise funds up to ₹2,500 crore through various instruments, including Qualified Institutions Placement (QIP) or foreign currency convertible bonds. Additionally, the company is further strengthening its EV arm, Uno Minda EV Systems Private Limited (UMEVS), with an additional investment of up to ₹20 crore.

Corporate Governance Updates

The Board confirmed the re-appointment of its statutory auditors, S.R. Batliboi & Co. LLP, for a second term of five consecutive years. Furthermore, the company continues to streamline its operations, including a revised valuation for the acquisition of the remaining 19% equity stake in Minda Onkyo India Private Limited.

Source: BSE

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