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Uno Minda Limited, formerly Minda Industries Limited, is an India-based global manufacturer and supplier of proprietary automotive solutions to Original Equipment Manufacturers. The company produces auto electrical parts and components including switches, lighting, alloy wheels, horns, seating systems, sensors, controllers, and more. It serves various vehicle segments such as two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and off-road vehicles. Uno Minda has manufacturing facilities in multiple countries including India, Indonesia, Vietnam, Spain, Mexico, Colombia, and Germany, with design centers in Taiwan, Japan, and Spain. The company offers services in transportation design, digital sculpting, UI/UX design, design strategy, and prototyping through its central mobility design studio, Initia.
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The Quarter story
The two most recent quarterly results, compared side-by-side.
Revenue scales across core segments while input costs compress margins
Consolidated revenue grows from ₹4,489 Cr in Q1 FY26 to ₹5,557 Cr in Q1 FY27 — strong top-line momentum across vehicle segments
Consolidated EBITDA margin falls from 12.1% in Q1 FY26 to 10.3% in Q1 FY27 — cost inflation squeezing operating profits
Castings revenue climbs from ₹824 Cr in Q1 FY26 to ₹1,090 Cr in Q1 FY27 — robust order fulfillment driving segment scale
Consolidated PAT margin slides from 5.8% in Q1 FY26 to 4.8% in Q1 FY27 — net profitability under pressure from rising expenses
Switches revenue rises from ₹1,111 Cr in Q1 FY26 to ₹1,335 Cr in Q1 FY27 — steady sales momentum in core electronics
Consolidated employee cost rises from ₹624 Cr in Q1 FY26 to ₹719 Cr in Q1 FY27 — aggressive hiring adding to fixed overheads
Seatings revenue expands from ₹320 Cr in Q1 FY26 to ₹408 Cr in Q1 FY27 — rising demand supporting consistent growth
Consolidated raw material cost climbs from ₹2,836 Cr in Q1 FY26 to ₹3,706 Cr in Q1 FY27 — input price hikes weighing on margins
International revenue mix rebounds from 9% in Q2 FY26 to 11% in Q1 FY27 — recovering export balance offsetting domestic shifts
Consolidated OEM revenue mix holds at 94% from Q4 FY26 to Q1 FY27 — heavy reliance on manufacturer contracts limits diversification