UNO Minda Limited (UNOMINDA) AI Stock Analysis

• Market Cap: ₹721.66B
• Dividend Yield: 0.17%
• Average Volume (3M): 24.49K
• Price to Earnings (P/E): 69.5
• Beta (1Y): 1.31
• Revenue Growth: 17.14%
• EPS Growth: 17.75%
• Country: IN
• Employees: 15,429
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 5.30
• Shares Outstanding: 576,426,400
• 10 Day Avg. Volume: 36,379
• 30 Day Avg. Volume: 24,488
• PEG Ratio: 7.18
• Price to Book (P/B): 8.93
• Price to Sales (P/S): 3.07
• P/FCF Ratio: -87.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,467.33
• Price Target Upside: 12.43% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹1,425.00 ▲(9.19% Upside)

UNO Minda Limited's overall stock score is driven primarily by its strong financial performance, highlighted by robust revenue growth and efficient operational management. However, the high P/E ratio suggests potential overvaluation, and cash flow challenges could impact future growth. Technical indicators show a positive trend, but caution is advised due to potential short-term weakness.

Positive Factors

Revenue Growth

The company's consistent revenue growth highlights its ability to capture market share and meet the increasing demand in the automotive sector, ensuring long-term business expansion.

Operational Efficiency

Improved operational efficiency, as indicated by rising EBIT margins, suggests effective cost management and productivity, which can sustain profitability over time.

Strong Partnerships

Strategic partnerships with major OEMs provide a stable revenue base and enhance market positioning, contributing to sustained business growth and resilience against market fluctuations.

Negative Factors

Rising Debt Levels

Increasing debt levels may strain the company's financial flexibility and increase interest obligations, potentially impacting future growth investments and operational stability.

Cash Flow Challenges

Negative free cash flow indicates insufficient cash generation to cover investments and operations, which could limit the company's ability to fund growth initiatives internally.

EBITDA Margin Decline

The decline in EBITDA margin points to potential cost pressures or inefficiencies, which could erode profitability if not addressed, impacting long-term financial health.

UNO Minda Limited Business Overview & Revenue Model

Company Description

UNO Minda Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components in India and internationally. It provides auto electrical parts, including switches, horns, and lighting products. The company's products include switching systems and handle bar solutions for two/three-wheelers and off-road vehicles; sensors, actuators, and controllers, including start-stop sensors, contact and non-contact type speed sensors, HID ballasts, tire pressure monitoring systems, electronic accelerator pedal modules, and DC-DC converters; and lights for two, three, and four-wheelers, as well as off-road vehicles. It also provides automotive horns for two/four-wheelers, and off-road and commercial vehicles; trumpet and disc horns; alloy wheels; fuel caps; and LPG/CNG kits. In addition, the company offers batteries; lamps; general aluminum castings; 2W and 4W switches; HVAC products; wheel covers; car infotainment systems; air filters and canisters; spoilers; EA pads; air ducts; washer bottles; reverse parking sensors and ADAS products; speakers; air bags; steering wheels; body sealing products; hoses; blow moldings; telematics and connected car solutions; alternate fuel systems; cigarette lighter and socket assemblies; seat belts; shifters; and cameras. It sells its products to original equipment manufacturers. The company was formerly known as Minda Industries Limited and changed its name to UNO Minda Limited in July 2022. The company was founded in 1958 and is based in Gurugram, India.

How the Company Makes Money

UNOMINDA generates revenue primarily through the manufacturing and sale of automotive components to original equipment manufacturers (OEMs) and aftermarket suppliers. The company has established strong partnerships with major automotive brands, allowing it to secure long-term contracts and consistent orders. Key revenue streams include the sale of vehicle lighting systems, electrical switches, and electronic components, as well as providing engineering solutions and design services. Additionally, UNOMINDA benefits from diversification into ancillary services and products, enabling it to tap into various segments within the automotive supply chain. The company's focus on innovation and quality has also led to increased market penetration, contributing to its earnings.

UNO Minda Limited Financial Statement Overview

Summary

UNO Minda Limited has shown impressive growth with strong revenue and efficient operational management, as reflected in increasing revenue and margins. The balance sheet remains robust with moderate debt levels, though rising debt warrants attention. Cash flow challenges persist, particularly in free cash flow generation, which may impact future growth investments and liquidity flexibility. Overall, the company's financial health is solid, but it needs to address cash flow issues to maintain its growth trajectory.

Income Statement

UNO Minda Limited has demonstrated strong revenue growth over the past years, evidenced by a substantial revenue increase of 20.6% from 2024 to 2025. The company maintains healthy margins, with a gross profit margin of 35.2% and a net profit margin of 5.6% in 2025. The EBIT margin rose to 22.3%, indicating efficient operational management. However, a dip in EBITDA margin to 11.2% suggests rising costs or other operational challenges.

Balance Sheet

With a debt-to-equity ratio of 0.43 in 2025, UNO Minda shows a balanced leverage position, supporting financial stability. The equity ratio of 48.8% highlights a solid capital base. Return on equity was 16.5%, reflecting effective use of shareholder funds. However, a significant increase in total debt over the years could pose future risks if not managed carefully.

Cash Flow

The company experienced challenges in free cash flow, with a negative free cash flow of -5.8 billion in 2025, although operating cash flow remains positive at 10.7 billion. The free cash flow to net income ratio is negative, indicating that the company is not generating enough cash relative to its net income, which may affect its capacity to self-fund future investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	174.46B	166.63B	139.71B	111.58B	82.84B	63.74B
Gross Profit	32.98B	21.63B	17.89B	13.53B	9.28B	7.24B
EBITDA	20.48B	19.11B	16.45B	12.90B	9.46B	7.74B
Net Income	10.35B	9.43B	8.75B	6.54B	3.56B	2.07B
Balance Sheet
Total Assets	0.00	117.43B	99.03B	83.09B	68.32B	59.77B
Cash, Cash Equivalents and Short-Term Investments	2.07B	2.07B	2.68B	1.79B	2.46B	2.39B
Total Debt	0.00	24.73B	17.06B	13.95B	9.44B	11.59B
Total Liabilities	-61.13B	56.30B	46.38B	38.74B	30.67B	34.14B
Stockholders Equity	61.13B	57.27B	49.43B	41.56B	34.38B	22.57B
Cash Flow
Free Cash Flow	0.00	-5.84B	-700.00M	-1.72B	-1.95B	436.60M
Operating Cash Flow	0.00	10.71B	9.79B	7.98B	3.83B	3.43B
Investing Cash Flow	0.00	-15.30B	-9.53B	-11.86B	-6.99B	-3.61B
Financing Cash Flow	0.00	3.65B	904.90M	3.01B	3.11B	-402.40M

UNO Minda Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1305.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNOMINDA, the sentiment is Positive. The current price of 1305.1 is above the 20-day moving average (MA) of 1283.71, above the 50-day MA of 1273.97, and above the 200-day MA of 1086.37, indicating a bullish trend. The MACD of 13.59 indicates Negative momentum. The RSI at 57.82 is Neutral, neither overbought nor oversold. The STOCH value of 52.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UNOMINDA.

UNO Minda Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VARROC	69 Neutral	₹95.64B	71.43	―	0.15%	7.38%	-73.62%
UNOMINDA	66 Neutral	₹721.66B	69.49	―	0.17%	17.14%	17.75%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
EXIDEIND	58 Neutral	₹322.66B	38.05	―	0.54%	2.19%	-5.70%
JBMA	54 Neutral	₹153.65B	73.72	―	0.14%	7.63%	11.25%
RAJESHEXPO	51 Neutral	₹53.66B	72.91	―	―	112.02%	245.09%

UNO Minda Limited Corporate Events

UNO Minda Limited Publishes Q2 FY 2025-26 Financial Results

UNO Minda Limited announced the publication of its financial results for the quarter and half-year ending September 30, 2025. The results were approved at a board meeting on November 7, 2025, and subsequently published in major newspapers, indicating transparency and compliance with regulatory requirements, which may positively impact stakeholder confidence.

UNO Minda Limited Allots Shares Under Employee Stock Option Scheme

UNO Minda Limited has announced the allotment of 61,600 equity shares under its Employee Stock Option Scheme 2019. This move, approved by the Nomination & Remuneration Committee, increases the company’s paid-up equity share capital and is part of its ongoing efforts to incentivize employees. The shares will be listed on NSE and BSE, although the company notes that this allotment is not material in nature. This development reflects UNO Minda’s commitment to employee engagement and aligns with its strategic goals, potentially impacting its market positioning positively.

UNO Minda Launches ‘Saksham Niveshak’ Campaign and Opens Special Share Transfer Window

UNO Minda Limited has launched a 100-day campaign called ‘Saksham Niveshak’ to assist shareholders in claiming unpaid or unclaimed dividends, in line with guidance from the Investor Education and Protection Fund Authority. Additionally, the company has opened a special window for the re-lodgment of transfer requests for physical shares, aligning with recent SEBI regulations, which could enhance shareholder engagement and streamline share transfer processes.

UNO Minda to Engage with Investors at Goldman Sachs Conference

UNO Minda Limited has announced its participation in the Goldman Sachs Asia Leaders Conference 2025 in Hong Kong, where company officials will engage in one-on-one meetings with investors. This participation is part of the company’s ongoing efforts to strengthen its market position and engage with key stakeholders, potentially impacting its operations and industry standing.

UNO Minda to Engage with Investors at Goldman Sachs Asia Leaders Conference 2025

UNO Minda Limited has announced its participation in the Goldman Sachs Asia Leaders Conference 2025 in Hong Kong, where company officials will engage in one-on-one meetings with investors. This participation highlights UNO Minda’s proactive approach to investor relations and its commitment to maintaining transparency and engagement with stakeholders, potentially enhancing its industry positioning and investor confidence.