- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
**Financial Highlights:**
In Q3 FY25, Uno Minda's consolidated revenues rose by 19% year-on-year to ₹4,184 Cr, while group revenues, including JVs and associates, reached ₹5,056 Cr, up 14% YoY. EBITDA surged by 20% to ₹457 Cr, with a margin of 10.92%. Profit After Tax (PAT) for the quarter increased by 21% YoY to ₹233 Cr.
**Strategic Initiatives and Growth Drivers:**
The quarter marked the commissioning of a new 4W lighting plant in Khed. The merger of Minda Kosei and associated companies has been approved, positioning the firm for enhanced operational synergy. Additionally, capacity at the casting facility is set to expand from 11,000 MT to 15,000 MT annually.
**Business Developments:**
New operations commenced at the Farrukhnagar switches plant, with plans in place to shift existing capacity from the Manesar plant by FY27. An order for 3.3Kw EVSE for e-4W was received, indicating a strategic pivot towards electric vehicle components.
**Market Position and Competitive Advantage:**
Despite challenges in the European market impacting the subsidiary Clarton Horn, Uno Minda maintains a strong domestic presence, with 89% of revenues generated within India. Growth is driven by robust demand in motorcycle and electric vehicle segments, boosting their market share.
**Investor Implications:**
The positive financial trajectory, combined with strategic mergers and operational expansions, suggests a favorable outlook for Uno Minda. Investors should monitor the company’s performance amidst the evolving automotive landscape, with particular attention to the growth potential in electric vehicle technologies and capacity enhancements.