Uno Minda Limited announced robust financial results for Q2 FY26, with consolidated revenues reaching ₹4,814 Cr, a 13% year-over-year increase. The company saw growth across all segments, driven by domestic sales and a favorable customer mix. EBITDA stood at ₹552 Cr with a margin of 11.5%. The company has maintained its commitment to innovation and strategic expansion to drive sustainable growth.
Financial Performance Highlights
Uno Minda Limited reported strong financial results for the second quarter of fiscal year 2026. Key highlights include:
- Consolidated Revenues: Increased by 13% year-over-year to ₹4,814 Cr.
- EBITDA: Higher by 14% year-over-year to ₹552 Cr.
- EBITDA Margin: At 11.5%.
- PAT: (UML share excluding exceptional income) increased by 27% on a year-over-year basis to ₹304 Cr.
Segmental Performance
The company witnessed growth across various segments:
- Switches: Benefited from increased market share in the domestic 2W switch market.
- Lighting: Driven by premiumization and increased EV 2W penetration.
- Castings: Influenced by Kharkhoda AW4W commissioning.
- Acoustics: Experienced muted demand in the European auto market.
- Seating: Strong growth due to diversification of 2W customers and increased supply of suspended seats.
- Others: Supported by the successful start of a new camera module production line and alternate fuel business growth.
Operational Updates
Key operational developments during the quarter include:
- The AW4W Kharkhoda plant phase 1 is under commissioning with a 60K capacity.
- Expansion of the Neemrana airbag facility to support growth in airbags business.
Strategic Initiatives
Uno Minda continues to focus on:
- Pursuing strategic alliances and partnerships.
- Expanding manufacturing capabilities.
- Enhancing its product portfolio with a focus on EV-specific components.
Source: BSE
