Uno Minda Q1 FY27 Results: Revenue Up 26% YoY to ₹5,557 Crore; PAT Up 24%

What Happened ?

Uno Minda Limited announced its Q1 FY27 financial results, reporting consolidated revenue of ₹5,557 crore, up 26% YoY compared to normalised revenue of ₹4,420 crore (excluding prior period income of ₹69 crore) in Q1 FY26. EBITDA grew 21% YoY to ₹572 crore, while PAT (Uno Minda share) rose 24% YoY to ₹296 crore. Growth was broad-based across Switches, Lighting, Alloy Wheel, Seating, and rapidly scaling EV Systems and Alternate Fuel divisions.

key details

• Consolidated revenue up 26% YoY to ₹5,557 crore – highest-ever quarterly revenue.
• EBITDA up 21% YoY to ₹572 crore.
• PAT (Uno Minda share) up 24% YoY to ₹296 crore.
• Broad-based growth across core product offerings.
• Rapidly scaling EV Systems and Alternate Fuel divisions.
• Ongoing shift toward vehicle premiumisation, connected mobility, and electrification driving per-vehicle content.
• 78 manufacturing facilities across India, Indonesia, Vietnam, Germany, Spain, Mexico.
• 37 R&D and Engineering Centres globally.
• 18 JVs/Technical Agreements with global manufacturers.

Note:

• The company navigated a challenging commodity pricing environment during the quarter, yet delivered resilient performance. Underlying demand across the automotive sector remains strong.

Risk Analysis

Summary:

• While the company delivered record quarterly performance, risks include commodity price volatility, supply chain disruptions, and competitive intensity.

Key Risks:

• Commodity price volatility impacting margins.
• Supply chain disruptions in the automotive sector.
• Competition from other auto component manufacturers.
• Technological shifts in the automotive industry.
• Regulatory changes affecting the automotive sector.
• Foreign exchange fluctuations impacting international operations.

Worst Case:

• Sustained commodity inflation or supply chain disruptions could impact margin trajectory.

Risk Level: Low to Medium

Company Commentary

Management highlighted that:

• Mr. Ravi Mehra, Managing Director, Uno Minda: “Q1 FY27 reinforces Uno Minda’s strategic trajectory as we continue to outperform the broader automotive market. The ongoing shift toward vehicle premiumisation, connected mobility, and electrification is fundamentally elevating per-vehicle content across segments.”
• “By aligning our R&D roadmap with these structural industry shifts and accelerating execution across our new-age platforms, we are not just participating in market growth—we are driving the technological evolution of the vehicle cabin.”
• “Backed by disciplined capital deployment and expanding capacity, we are exceptionally well-positioned to lead the next phase of mobility innovation.”
• Sunil Bohra, CFO, Uno Minda: “Q1 FY27 marks a historic milestone for Uno Minda, as we delivered our highest-ever quarterly revenues with 26% YoY growth and a 24% increase in PAT.”
• “While we navigated a challenging commodity pricing environment during the quarter, underlying demand across the automotive sector remains strong. Our resilient performance reflects the strength of our technology leadership, product diversification, and focus on operational efficiencies.”
• “Driven by multiple growth initiatives, strategic investments, and increasing momentum in our new-age businesses, we remain confident of delivering sustainable, profitable growth while creating long-term value for our shareholders and other stakeholders.”