Integrated Filing — IndAS



General information about company

Scrip Code 532539
NSE Symbol UNOMINDA
MSEI Symbol NOTLISTED
ISIN INE405E01023
Name of company UNO MINDA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 07-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Auto Components
Start date and time of board meeting 07-11-2025   12:30:00
End date and time of board meeting 07-11-2025   13:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 4,81,403.00 9,30,312.00
Other income 1,293.00 2,496.00
Total income 4,82,696.00 9,32,808.00
2 Expenses
(a) Cost of materials consumed 2,87,061.00 5,53,450.00
(b) Purchases of stock-in-trade 17,762.00 43,090.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 4,370.00 (3,746.00)
(d) Employee benefit expense 63,573.00 1,25,971.00
(e) Finance costs 4,539.00 8,938.00
(f) Depreciation, depletion and amortisation expense 17,342.00 33,273.00
(f) Other Expenses
1 Other Expenses 53,461.00 1,02,059.00
Total other expenses 53,461.00 1,02,059.00
Total expenses 4,48,108.00 8,63,035.00
3 Total profit before exceptional items and tax 34,588.00 69,773.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 34,588.00 69,773.00
6 Tax expense
7 Current tax 9,350.00 18,727.00
8 Deferred tax (704.00) (1,073.00)
9 Total tax expenses 8,646.00 17,654.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 25,942.00 52,119.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 6,337.00 11,063.00
16 Total profit (loss) for period 32,279.00 63,182.00
17 Other comprehensive income net of taxes (440.00) (74.00)
18 Total Comprehensive Income for the period 31,839.00 63,108.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 30,399.00 59,469.00
Total profit or loss, attributable to non-controlling interests 1,880.00 3,713.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 30,010.00 59,449.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1,829.00 3,659.00
21 Details of equity share capital
Paid-up equity share capital 11,534.00 11,534.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.28 10.34
Diluted earnings (loss) per share from continuing operations 5.27 10.32
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.28 10.34
Diluted earnings (loss) per share from continuing and discontinued operations 5.27 10.32
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. These unaudited consolidated financial results of the Holding Company have been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standard) rules, 2015 as amended. The said financial results represent the results of Uno Minda Limited (“Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries together referred to as “the Group”), its associates and joint ventures for the quarter and six months ended September 30, 2025. 2. The above unaudited consolidated financial results for the quarter and six months ended September 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 07, 2025. These results have been subjected to limited review by the statutory auditors of the Holding Company under regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors have expressed an unmodified conclusion on the above results. 3. The Group is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and ancillary services. The Group’s activities fall within single primary operating segment and accordingly, disclosures as per Ind AS 108 - Operating Segments are not applicable on the Group. 4. During the quarter ended September 30, 2025, the Holding Company has allotted 19,04,407 (quarter ended June 30, 2025: 3,58,757) equity shares upon exercise of stock options by ESOP holders under UNOMINDA Employee Stock Option Scheme 2019. 5. During the quarter ended September 30, 2025, the Holding Company has granted 15,66,400 stock options at a exercise price of Rs 950 per option under UNOMINDA Employee Stock Option Scheme 2025 subject to satisfying specified vesting criteria based on market condition and performance conditions. The same has been accounted for in accordance with Ind AS 102- Share Based Payment. 6. During the quarter ended June 30, 2025, the Group issued listed Commercial Papers (CPs) aggregating to Rs. 200 crores, as detailed below: (i) Rs 100 crores issued on April 17, 2025, bearing interest rate of 6.63%, redeemable on July 16, 2025 (ii) Rs 100 crores issued on April 25, 2025, bearing interest rate of 6.60%, redeemable on July 23, 2025 These Commercial Papers were listed on the National Stock Exchange of India Ltd. (NSE) and have been redeemed on their respective due dates. During the quarter ended September 30, 2025, the Group issued unlisted Commercial Papers (CPs) aggregating to Rs. 200 crores, as detailed below: (i) Rs 100 crores issued on July 14, 2025, bearing interest rate of 6.60%, redeemable on October 10, 2025 (ii) Rs 100 crores issued on July 23, 2025, bearing interest rate of 6.63%, redeemable on October 16, 2025 These Commercial Papers have been redeemed on their respective due dates. 7. During the previous year, the Board of Directors of Holding Company at its meeting dated February 14, 2025 had approved the acquisition of 49.90% equity stake in the subsidiary company namely Uno Minda EV Systems Private Limited (UMEVS) from FRIWO Geratebau GmbH (FRIWO GmbH) along with acquisition of IP rights and E-drive business assets in Germany through subsidiary company namely UMEVS from FRIWO GmbH and E-drive business assets in Vietnam through subsidiary company namely Minda Industries Vietnam Co. Ltd. (MIVCL) from Friwo Vietnam Co. Ltd (Friwo Vietnam), the group company of FRIWO GmbH . During the quarter ended June 30, 2025, the Holding Company had paid the consideration of Rs 141.28 crores for acquisition of equity shares in UMEVS and respective subsidiary companies have completed the acquisition of E-drive business assets amounting to Rs 58.01 crores. The management has allocted the consideration paid based on preliminary valuation and does not expect any significant adjustments to these consolidated financial results. 8. The Board of Directors of the Holding Company in its Meeting held on March 20, 2023, accorded its consent for Scheme of Amalgamation for merger (Scheme) of Kosei Minda Aluminum Company Private Limited (“Transferor Company No.1”), Kosei Minda Mould Private Limited (“Transferor Company No.2”) and Minda Kosei Aluminum Wheel Private Limited (“Transferor Company No.3”) {hereinafter collectively referred as transferor companies} with Uno Minda Limited (Transferee Company/Holding company) and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. During the earlier year, the Company had received no objection from National Stock Exchange of India Limited and BSE Limited. During the quarter ended December 31, 2024, the Scheme had been sanctioned by the Hon'ble National Company Law Tribunal, New Delhi ('NCLT) vide Order dated December 18, 2024 and was uploaded on the website of NCLT on December 19, 2024 and certified copy of the same is received by the Company on January 07, 2025. Consequently, the Holding Company had given accounting effect of the scheme in the results of quarter ended December 31, 2024 in accordance with the accounting treatment prescribed under the scheme and Appendix C of Ind AS 103 - Business combination of entities under common control. Accordingly, the comparative financial results and other financial information for the quarter and six months ended September 30, 2024 included in this statement have also been restated to give effect of the scheme. During the current quarter ended September 30, 2025, the Holding Company has allotted 2,81,974 equity shares on August 06, 2025 to the erstwhile shareholders of transferor companies pursuant to the aforesaid Scheme of Amalgamation. 9. The Board of Directors of Holding Company at its meeting held on May 21, 2025 had considered and recommended a final dividend of Rs. 1.50 per equity share (nominal value of Rs. 2 per share) for the financial year ended March 31, 2025 which has been approved by the shareholders at the Annual General Meeting held on August 08, 2025. 10. During the quarter ended September 30, 2025, the Holding Company has issued unsecured, listed, rated, redeemable, non-cumulative, taxable and non-convertible debentures (NCDs) aggregating up to Rs 200 crore comprising of 10,000 (Ten Thousand) unsecured, listed, rated, redeemable, non-cumulative, taxable and non-convertible debentures of a face value of Rs 100,000 (Indian Rupees One Lakh Only) each under 7.12% Uno Minda Series I Debentures amounting to Rs 100 crore (redeemable after 1 year and 2 months from the date of allotment) and 10,000 (Ten Thousand) unsecured, listed, rated, redeemable, non-cumulative, taxable and non-convertible debentures of a face value of Rs 100,000 (Indian Rupees One Lakh Only) each under 7.11% Uno Minda Series II Debentures amounting to Rs 100 crore (redeemable after 1 year and 3 months from the date of allotment) on Private Placement basis to the identified investors . The said NCDs have been listed on BSE Limited on August 21, 2025. 11. The Board of Directors of the Holding Company at its meeting held on November 12, 2024, had approved the acquisition of two-wheeler seat manufacturing business of Sundaram Auto Components Limited (SACL) at its Nalagarh unit on slum sale basis pursuant to the Business Transfer Agreement for the consideration of Rs 15.49 crores. The Holding Company has accounted the said transaction as a business combination as per Ind-AS 103 on provisional basis. The Holding Company is in process of finalising the purchase price allocation and do not expect any significant adjustment subsequent to finalization of purchase price allocation. 12. The Board of the Directors of the Holding Company in its meeting held on September 28, 2023 had approved the acquisition of 26% (twenty six percent) stake held by “Westport Fuel System Italia S.R.L” in erstwhile joint venture namely “Minda Westport Technologies Limited” (“MWTL”) for a consideration of Rs 14.81 crores. The said acquisition had been completed on April 18, 2024 and MWTL had become a subsidiary of the Group. Accordingly, the same had been accounted for in accordance with Ind AS 103 - 'Business Combination' and gain amounting to Rs. 13.09 crores on remeasurement of existing interest in erstwhile joint venture had been recognised under exceptional item in statement of profit and loss account of year ended March 31, 2025. 13. The Board of the Directors of the Holding Company in its meeting held on August 07, 2024 had approved the acquisition of 49% (forty nine percent) stake held by “Onkyo Sound Corporation” (OSC) Japan in erstwhile joint venture namely “Minda Onkyo India Private Limited” (“MOIPL”) for the consideration of Rs 2.53 crores to be acquired in two phases comprising of 30% acquisition in phase-I for the consideration of Rs. 1.55 crores and 19% acquisition in phase-II for the consideration of Rs. 0.98 crores. Phase-I acquisition had been completed on September 24, 2024 and MOIPL had become a subsidiary of the Group. Accordingly, the same had been accounted for in accordance with Ind AS 103 - 'Business Combination' and loss amounting to Rs. 4.55 crores on remeasurement of existing interest in erstwhile joint venture had been recognised under exceptional item in statement of profit and loss account of year ended March 31, 2025. Phase II acquisition will be done post satisfaction of condition specified in share purchase agreement.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 4,17,084.00
Capital work-in-progress 54,563.00
Investment property 1,130.00
Goodwill 35,363.00
Other intangible assets 26,050.00
Intangible assets under development 60,751.00
Biological assets other than bearer plants
Investments accounted for using equity method 78,535.00
Non-current financial assets
Non-current investments 3,349.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets 11,010.00
Total non-current financial assets 14,359.00
Deferred tax assets (net) 8,906.00
Other non-current assets 15,896.00
Total non-current assets 7,12,637.00
2 Current assets
Inventories 1,80,008.00
Current financial asset
Current investments 3,828.00
Trade receivables, current 2,65,831.00
Cash and cash equivalents 29,735.00
Bank balance other than cash and cash equivalents 684.00
Loans, current 0.00
Other current financial assets 32,581.00
Total current financial assets 3,32,659.00
Current tax assets (net)
Other current assets 51,466.00
Total current assets 5,64,133.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 12,76,770.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 11,534.00
Other equity 6,11,292.00
Total equity attributable to owners of parent 6,22,826.00
Non controlling interest 38,274.00
Total equity 6,61,100.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,54,023.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 16,307.00
Total non-current financial liabilities 1,70,330.00
Provisions, non-current 17,140.00
Deferred tax liabilities (net) 940.00
Deferred government grants, Non-current
Other non-current liabilities 2,848.00
Total non-current liabilities 1,91,258.00
Current liabilities
Current financial liabilities
Borrowings, current 1,12,631.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 47,013.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,81,199.00
Total Trade payable 2,28,212.00
Other current financial liabilities 45,380.00
Total current financial liabilities 3,86,223.00
Other current liabilities 16,708.00
Provisions, current 19,078.00
Current tax liabilities (Net) 2,403.00
Deferred government grants, Current 0.00
Total current liabilities 4,24,412.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 6,15,670.00
Total equity and liabilites 12,76,770.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/ (loss) on defined benefit obligation -43100000 -46400000
2 Fair value change in equity instrument valued through other comprehensive income -66600000 -1100000
Total Amount of items that will not be reclassified to profit and loss (1,097.00) (475.00)
2 Income tax relating to items that will not be reclassified to profit or loss (193.00) (108.00)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translating the financial statements of a foreign operations 46400000 29300000
Total Amount of items that will be reclassified to profit and loss 464.00 293.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (440.00) (74.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 69,773.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8,938.00
Adjustments for decrease (increase) in inventories (8,331.00)
Adjustments for decrease (increase) in trade receivables, current (16,099.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (16,436.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 12,424.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 33,273.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss (347.00)
Adjustments for provisions, current 5,156.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 4,177.00
Adjustments for other financial liabilities, non-current (5,542.00)
Adjustments for unrealised foreign exchange losses gains (590.00)
Adjustments for dividend income 37.00
Adjustments for interest income 317.00
Adjustments for share-based payments 447.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (292.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 16,424.00
Net cash flows from (used in) operations 86,197.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 18,439.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 67,758.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 14,283.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 455.00
Purchase of property, plant and equipment 78,689.00
Proceeds from sales of investment property 5,803.00
Purchase of investment property 9,306.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 13,679.00
Interest received 317.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (602.00)
Net cash flows from (used in) investing activities (82,626.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 11,170.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 53,746.00
Repayments of borrowings 16,676.00
Payments of lease liabilities 3,744.00
Dividends paid 10,847.00
Interest paid 8,844.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 24,805.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 9,937.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 8.00
Net increase (decrease) in cash and cash equivalents 9,945.00
Cash and cash equivalents cash flow statement at beginning of period 19,790.00
Cash and cash equivalents cash flow statement at end of period 29,735.00