UNO Minda Limited Earnings Summary — Q4 FY2026
Uno Minda Delivers Strong Q4 Performance with 18% Profit Growth and Record Revenue
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 5 consecutive quarters.
- Revenue of ₹5,557 Cr is 23.8% higher year-on-year.
- Revenue has compounded at 18.5% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹296 Cr is 1.8% above the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 1.2% annualised across the period.
- Operating margin stands at 10.3% in Q1 FY2027.
- Operating margin compressed by 181 bps year-on-year.
- Over the last two years operating margin has contracted by 39 bps.
- PBT margin is 7.3%.
- Expenses grew 26.3% against revenue growth of 23.8%.
- Operating profit of ₹572 Cr is 5.3% higher year-on-year.
- Operating leverage has been under pressure recently.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 65/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 5,557 | 5,336 | 5,018 | 4,814 | 4,489 | 4,528 | 4,184 | 4,245 | 3,818 | 3,794 |
| Expenses | Improving | 4,985 | 4,734 | 4,465 | 4,262 | 3,946 | 4,002 | 3,727 | 3,762 | 3,410 | 3,320 |
| Operating Profit | Stable | 572 | 603 | 554 | 552 | 543 | 527 | 457 | 482 | 408 | 474 |
| Operating Margin | Stable | 10.3% | 11.3% | 11.0% | 11.5% | 12.1% | 11.6% | 10.9% | 11.4% | 10.7% | 12.5% |
| Other Income | Stable | 54 | 70 | 50 | 76 | 59 | 62 | 49 | 59 | 48 | 94 |
| Interest | Improving | 46 | 45 | 53 | 45 | 44 | 41 | 47 | 46 | 36 | 32 |
| Depreciation | Stable | 177 | 192 | 179 | 173 | 159 | 165 | 158 | 151 | 142 | 149 |
| Profit Before Tax | Stable | 403 | 436 | 372 | 409 | 399 | 384 | 301 | 345 | 277 | 387 |
| Tax | Improving | 87 | 84 | 71 | 86 | 90 | 94 | 47 | 78 | 67 | 85 |
| Net Profit | Stable | 296 | 326 | 277 | 304 | 291 | 266 | 233 | 245 | 198 | 288 |
| Net Margin | Stable | 5.3% | 6.1% | 5.5% | 6.3% | 6.5% | 5.9% | 5.6% | 5.8% | 5.2% | 7.6% |
Key Takeaways
- Revenue grew 17.8% YoY to ₹5,336 Cr, driven by increasing content per vehicle and premiumization trends.
- Net Profit surged 21.8% YoY to ₹352 Cr, outperforming revenue growth due to effective tax management (19% vs 25% YoY).
- Operating margins remained resilient at 11%, demonstrating strong cost pass-through abilities despite commodity volatility.
- The company continues its aggressive expansion with fixed assets growing to ₹5,665 Cr in Mar 2026.
- EV component traction remains a core growth driver, with the company pivoting to become a system supplier.
- Cash flow generation improved, with CFO reaching ₹1,720 Cr for the full fiscal year.
- Interest expenses rose to ₹45 Cr for the quarter, reflecting higher borrowing levels to fund ambitious CAPEX plans.
Management Guidance
Management is focused on maintaining its 'System Supplier' status and increasing global identity under the 'Uno Minda' brand. Guidance emphasizes content-per-vehicle growth, particularly in the EV segment, and navigating BS6 transitions.
Sentiment Shift
Improving
Quarterly performance shows accelerating revenue and profit momentum, with the company successfully managing scale and maintaining high RoE reaching 19%.
Outlook
The outlook remains robust as the company benefits from automotive premiumization and electrification. Strategic focus on alloy wheels, lighting, and EV powertrains positions them to outpace industry growth rates.
From the Annual Report (Key Quotes)
“Transition from a switch manufacturer to a full-system solutions provider.”
“Management focus on 'Content per Vehicle' as a primary KPI.”
“Proactively setting up dedicated EV plants and R&D centers to lead the transition.”
Official Quarterly Documents
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This summary is AI-generated from UNO Minda Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.