UNO Minda Limited has informed the Exchange about Acquisition
UNOMINDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
UNO Minda reported standalone revenue from operations of Rs 14,699.65 crore for FY26, up 18% from Rs 12,455.66 crore in FY25. Net profit after tax stood at Rs 971.69 crore, growing 22% from Rs 796.26 crore. The company declared a total dividend of Rs 2.65 per share (132.5%) for FY26 – comprising Rs 0.90 interim already paid and Rs 1.75 final recommended. The board approved a Rs 550 crore 4W-EV Powertrain project to be executed through wholly owned subsidiary Uno Minda Auto Innovations Private Limited (UMAIPL), with an additional equity investment of Rs 310 crore into UMAIPL. A further Rs 20 crore equity investment in WOS Uno Minda EV Systems Pvt. Ltd. (UMEVS) was also approved. The board seeks shareholder approval to raise funds up to Rs 2,500 crore through various securities. The acquisition consideration for the remaining 19% stake in Minda Onkyo India Private Limited was revised to Rs 0.68 per share (from Rs 0.65). Statutory auditors S.R. Batliboi & Co. LLP were reappointed for a second 5-year term.
Strong 22% PAT growth and healthy cash generation from operations (Rs 1,398.66 crore) signal solid execution. The EV project expansion and fund-raising approval indicate aggressive capex and growth ambitions, which could support long-term re-rating despite near-term dilution risk from the Rs 2,500 crore equity raise.