Uno Minda (532539) Q4 24/25 earnings summary

Executive summary

• Consolidated revenue for Q4 FY25 was INR 4,528 crore, up 19% YoY, with full-year revenue at INR 16,775 crore, a 20% increase YoY, outpacing industry growth.

• EBITDA for Q4 FY25 reached INR 527 crore (up 11% YoY), with a margin of 11.6%; full-year EBITDA margin was 11.2%.

• PAT for Q4 FY25 was INR 266 crore (normalized INR 265 crore), and for FY25, INR 943 crore, up 8% YoY; another report notes FY25 net profit at INR 1,020.57 crore.

• Strong performance across switches, lighting, casting, and sunrise businesses, with significant growth in exports, new product launches, and major capacity expansions in alloy wheels and EV powertrain.

• Strategic investments in capacity expansion, R&D, and EV technologies, including new greenfield projects and acquisitions.

Financial highlights

• Q4 FY25 revenue grew 19% YoY to INR 4,528 crore; full-year revenue up 20% to INR 16,775 crore.

• Q4 EBITDA at INR 527 crore (11% YoY growth), margin at 11.6%; full-year EBITDA at INR 1,878 crore, margin 11.2%.

• PAT for Q4 at INR 266 crore (normalized INR 265 crore); full-year PAT at INR 943 crore, up 8% YoY; another report notes FY25 net profit at INR 1,020.57 crore.

• Net debt as of March 31, 2025, was INR 2,091 crore, up from INR 1,318 crore YoY, mainly due to CapEx and working capital; debt-equity ratio rose to 0.43.

• Board recommended a final dividend of INR 1.50 per share; total FY25 dividend at INR 2.25 per share.

Outlook and guidance

• FY26 expected to see low single-digit growth in the auto industry, with company guidance to grow at 1.5x to 2x industry rate.

• Annual EBITDA margin guidance maintained at 11% ±50 bps, factoring in startup costs for new projects.

• Planned CapEx for FY26 is INR 1,300 crore, with INR 500 crore for sustaining and INR 800 crore for growth projects.

• Strategic focus on EV, advanced electronics, and lighting to drive future growth.

• Management expects to benefit from recent acquisitions and business combinations.