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87% Buy

Uno Minda Share Price

UNOMINDA

₹1,085.00+₹6.00 (0.56%) TodayLast updated on 21 Jun, 2024 | 10:46 AM IST
₹1,076.00₹1,095.70
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Company overview

Financial performance

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Market cap

Market Cap Switch₹59,871 Crs

Open

₹1,084.80

Close

₹1,079.00

Circuit range

₹1,294.80 - ₹863.20

Day range

₹1,076.00 - ₹1,095.70

Year range

₹548.60 - ₹1,188.00

Volume

4,10,347

Avg. traded

₹1,084.48

Revenue (12m)

₹14,031 Crs

Uno Minda

Uno Minda Limited, formerly known as formerly Minda Industries Limited, is a global manufacturer of automotive parts and accessories. It was founded in 1958. It is a leading global producer of exclusive automotive solutions and systems, supplying Tier-1 original equipment manufacturers (OEMs).

The market capitalisation of UNO Minda Limited is over ₹41,000 crore as of January 12, 2024. UNO Minda share price has gained over 250% in the last three years.

Business operations

UNO Minda is involved in the manufacturing of auto electrical parts such as switches, lighting, batteries and blow-moulded products. Its product range includes switches, sensors, controllers, batteries, wheel covers and seat belts. The company serves major clients like Bajaj, Hero Motocorp, Royal Enfield and Yamaha Motors.

Uno Minda has a diverse portfolio comprising over 26 product lines. The company has filed 394 patents, obtained 344 design registrations and is actively engaged in 75 R&D technology projects.

Approximately 29% of Uno Minda Limited's revenue in FY23 came from the switches segment. Around 23% came from the lighting segment, 19% from the casting segment, 9% from the seating business, 7% from the acoustic segment and 13% from others.

Uno Minda’s switch division is the world’s largest volume manufacturer of two-wheeler automotive switches. This division also hosts a dedicated off-highway switches vertical, serving major OEMs in India and exporting to the US and European markets.

The company’s casting division was established in 2011 and has emerged as a prominent manufacturer of dye-casting components in India. MJ Casting Ltd was merged into Uno Minda Ltd in 2019, solidifying its position as the casting division. The casting division manages two plants in India, with one located in Rewari, Haryana, and the other in Hosur near Bengaluru.

The seating division of the company expanded with the amalgamation of Harita Seating Systems Ltd into Uno Minda Ltd in 2021. Uno Minda Ltd also signed a joint venture with TACHI-S Company Limited, a global seat system creator headquartered in Tokyo, Japan in 2022. This collaboration aims at manufacturing and marketing seat recliners for four-wheeler passenger vehicles in India.

Uno Minda has a diversified product portfolio catering to all vehicle segments. With over 73 manufacturing plants strategically positioned at major automotive hubs worldwide, the company ensures a wide global presence.

Uno Minda operates around 30 research and development (R&D) and engineering centres across India, Germany and Spain. The company has established over 15 joint ventures with globally recognised technology partners from Germany, Korea and Japan. Its first joint venture was signed in 1995 when the company collaborated with Tokai Rika to manufacture automotive switches for four-wheelers. This partnership has thrived over the past three decades, securing over 50% of the market share in India for four-wheeler automotive switches.

Financial Highlights

UNO Minda’s revenue from operations for FY23 stood at ₹11,236.5 crore, up by 35.2% compared to ₹8,313 crore in FY22. The net profit after tax for FY23 was ₹700 crore compared to ₹412.64 crore during the previous year. In FY23, the earnings before interest, tax, depreciation and amortization (EBITDA) increased to ₹1,242 crore from the previous year's ₹885.4 crore. The company's earnings per share (EPS) stood at ₹11.42 in FY23 compared to ₹6.32 in the previous financial year.

Uno Minda Key indicators

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52 week high

₹1,188.00

52 week low

₹548.60

P/E ratio

68.06

P/B ratio

12.1

ROE

14.9%

ROCE

15.92%

Dividend yield

0.19%

Debt/Equity ratio

0.25

EPS

7.45

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Investment checklist: (5/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

87%

Hold

6%

Sell

7%

This analysis is based on the reviews of 15 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

11.24%

Net profit margin

6.39%

ROE

14.9%

ROA

9.03%

ROCE

15.92%

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Uno Minda Shareholder returns

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1 day

-1.40%

1 week

+7.04%

1 month

+41.11%

3 months

+67.00%

1 year

+80.24%

3 years

+220.49%

5 years

+572.15%

Uno Minda Share Price history

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DayOpenCloseDay’s change
Thu, Jun 20 2024
₹1,186.90
₹1,079.00
+2.20%
Wed, Jun 19 2024
₹1,073.90
₹1,055.75
-1.40%
Tue, Jun 18 2024
₹1,056.60
₹1,070.70
+2.68%
Fri, Jun 14 2024
₹1,001.05
₹1,042.75
+4.38%
Thu, Jun 13 2024
₹1,004.80
₹998.95
+0.21%
Wed, Jun 12 2024
₹996.70
₹996.90
+1.07%
Tue, Jun 11 2024
₹966.80
₹986.30
+4.11%
Mon, Jun 10 2024
₹970.00
₹947.35
-1.67%

Shareholding info

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Promoters (68.76%)

Mutual Funds (14.95%)

Retail and other (6.51%)

Foreign institutions-FII (7.57%)

Other domestic institutions (2.21%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹0.65/share

    Ex date 15 Feb 2024

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  • Dividend • ₹1/share

    Ex date 31 Aug 2023

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  • Dividend • ₹0.5/share

    Ex date 20 Feb 2023

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  • Bonus • 1:1

    Ex date 07 Jul 2022

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  • Dividend • ₹1/share

    Ex date 07 Jul 2022

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  • Dividend • ₹0.5/share

    Ex date 16 Feb 2022

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Frequently asked questions