Uno Minda lands major orders and backs a new EV powertrain facility
Management commits ₹550 cr to a Maharashtra EV plant, while confirming 11% EBITDA margins despite rising commodity costs.
— 2 earlier stories on UNO Minda Ltd. →What's new
- Won a ₹600 cr infotainment contract and a ₹450 cr two-wheeler lighting order.
- Secured an additional ₹390 cr in seating exports and ₹85 cr in sunroof business.
- Approved a ₹550 cr investment for a greenfield EV powertrain plant in Maharashtra.
Why this matters
The company is expanding capacity to chase EV demand even as it navigates margin pressure from labour and raw material inflation. Scaling up through these new wins is management's primary tool to offset rising costs.
What we're watching
- Execution progress on the Maharashtra plant, slated for operations by Q2 FY28.
- Ability to sustain 11% EBITDA margins amid persistent inflation.
- Order inflow velocity for the newer sunroof and seating export segments.
The full read
Uno Minda reported consolidated revenue of ₹5,336 cr and a net profit of ₹326 cr for the March quarter. Beyond the known financials, the company confirmed a slate of contract wins: ₹600 cr for infotainment via its Denso joint venture, ₹450 cr for two-wheeler lighting, ₹390 cr for seating exports, and ₹85 cr for sunroofs. To house future growth, the board approved a ₹550 cr investment in a greenfield EV powertrain facility in Maharashtra, with operations planned for Q2 FY28. Management remains committed to an EBITDA margin of 11% plus or minus 50 basis points for FY27. They acknowledge that labour and commodity inflation are currently creating cost headwinds. The next test is translating these wins into margin stability.
UNO Minda Ltd.
Latest quarter · Mar 2026
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Story so far
All notes on UNOMINDA →- 22 May 2026 · 4:01 PM IST Uno Minda lands major orders and backs a new EV powertrain facility
- 3d ago Uno Minda locks in anchor order for ₹320 cr seating plant
- 3d ago Uno Minda approves ₹320 cr seating plant, SOP in FY28