Uno Minda Limited · NSE:UNOMINDA
Uno Minda — Q4 FY2025 Earnings Presentation
39 slides from Uno Minda's earnings presentation, May 21, 2025
Slide 1: Uno Minda Limited filing cover letter
Uno Minda Limited hllt•J( MINDA] --na ■ VIN• THB N B W - Ref. No. Z-IV/R-39/D-2/NSE/207 & 174 Date: May 21, 2025 National Stock Exchange of India Ltd. BSE Ltd. Listing Deptt., Exchange Plaza, Floor - 25, Phiroze Jeejeebhoy Bandra Kurla Complex, Bandra (E), Towers, Dalal Street, Mumbai - 400051 Mumba
Slide 2: Investor Presentation May 2025
INVESTOR PRESENTATION May 2025
Slide 3: Safe Harbor
SAFE HARBOR k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- This presentation and the accompanying slides (the “Presentation”), has been prepared by Uno Minda Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Content
CONTENT k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- 01. Industry Highlights 04 02. Operational Highlights 05 03. Financial Highlights 07 04. Business Review 10 05. Annexures 22 06. Overview: Uno Minda Group 25 3
Slide 5: Industry Highlights for Q4 FY25
INDUSTRY HIGHLIGHTS FOR Q4 FY25 k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Auto Industry growth across all e-2W Registration achieved 1 Mn Segments milestone Growth in 2W segment by 6% with rising rural e-2W registration crossed 1 Mn nos first time with sales demand at 1.14 Mn units for FY 25, YoY growth
Slide 6: Key Operational Highlights for Q4 FY25
KEY OPERATIONAL HIGHLIGHTS FOR Q4 FY25 k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Additional capacity of AW2W Partnership with Inovance plant at Supa for 2 mn p.a. transitioned to Joint venture commissioned TLA with Inovance transitioned to Joint venture Commercial production of additional capacity of 2
Slide 7: Financial Information & Recent Updates
FINANCIAL INFORMATION & RECENT UPDATES 6
Slide 8: Key Financial Highlights for the Quarter
KEY FINANCIAL HIGHLIGHTS FOR THE QUARTER k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Group Revenues (Including JVs and Consolidated Revenues increased by Associates) (Unaudited) higher by 17% Y- 19% Y-o-Y to o-Y Rs 5,531 Cr Rs 4,528 Cr for the quarter for the quarter - --- - --- EBITDA higher by 11% Y-o-Y
Slide 9: Consolidated Financial Highlights – Q4 FY25
CONSOLIDATED FINANCIAL HIGHLIGHTS – Q4 FY25 k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- • Revenue (Rs. Cr) 19% EBITDA (Rs. Cr) 527 11% 474 165 149 1-- 41 4,528 ~ 32 3,794 302 329 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 ■ UML Revenue ■ PBT ■ Interest ■ Depreciation PAT* (Rs. Cr) Margin (%) 1% 12.49% 11.63% 265 266
Slide 10: Consolidated Financial Highlights – FY25
CONSOLIDATED FINANCIAL HIGHLIGHTS – FY25 k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- • Revenue (Rs. Cr) EBITDA (Rs. Cr) 1,585 1,878 20% 18% 615 526 16,775 170 14,031 113 980 1,118 FY24 FY25 FY24 FY25 ■ UML Revenue ■ PBT ■ Interest ■ Depreciation PAT* (Rs. Cr) Margin (%) 9% 11.30% 11.17% 6.10% 855 936 5.58
Slide 11: Business Review
BUSINESS REVIEW k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- SWITCHES LIGHTING ACOUSTICS SEGMENTS SEATING CASTINGS OTHERS AFTER MARKET 10
Slide 12: Division-wise Revenue Mix
~~ DIVISION-WISE REVENUE MIX k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Q4 FY24 (%) Others Q4 FY25 (%) Others 22% Switches 16% DSwitches 25% Quarter 25% Seatings Seatings 7% 7% Castings Castings 20% Acoustics 6% Lighting 26% 19% Acoustics 4% tJ Lighting 22% FY25 (%) □ FY24 (%) Others Switches Others 21%
Slide 13: Business Review: Switches, Lighting, Castings
BUSINESS REVIEW k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Product Segment Revenue Growth ( Figures in Rs. Cr) Key updates 25% 25% 25% 25% 25% 1057 1045 1144 • Increase in no of switches driving 4W Switch growth 963 958 • Exports of 2W Switches continued its growth Switches Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4
Slide 14: Business Review: Acoustics, Seating, Others
~ BUSINESS REVIEW -o~,v~~f!"INDA] HE NEW-- Product Segment Revenue Growth ( Figures in Rs. Cr) Key updates 5% 5% 4% 4% 4% • Headwinds in European Auto market adversely impacting our European subsidiary Clarton Horn 213 204 186 184 189 operations Acoustic Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 7% 7% 7% 7
Slide 15: Revenue Breakup
REVENUE BREAKUP k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- International Aftermarket 3W CV OR 10% 6% 2% 4% 1% Quarter 2W 45% 4W 48% India OEM 90% 94% International Aftermarket OR 11% 7% 3W CV 2% 2% 4% 2W Year 45% 4W 47% India OEM 89% 93% 14 Geography-wise Breakup Channel-wise Breakup Segment -wise Breaku
Slide 16: Aftermarket - Expanding B2C Business
AFTERMARKET- EXPANDING B2C BUSINESS k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- 6,500+ SKUs Key Highlights Switches, Horns, Lightings, Batteries, Filter, Indicator, Bulbs, RVMs, Braking, • Revenue of Rs. 279 Cr during the quarter Shocks & struts and Accessories • Leadership position in major products cate
Slide 17: Uno Minda's EV Product Portfolio (2W & 3W)
UNO MINDA’s EV PRODUCT PORTFOLIO (2W & 3W) ,wot•)( MINDA] ---.::>~IVING THE NEW- Low Voltage EV Products (48V to 96V) Motor Controller Potential Kit Value (EV 2W) (in INR) Battery Management On-Board System Charger 37,636 DC-DC Body Control Converter Module (BCM) 11,936 Existing ICE EV Kit value Pot
Slide 18: EV Strategy for Four Wheeler
EV Strategy for Four Wheeler k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Wall Mounted Charging Unit Battery Disconnect Under Production/Orders Won Unit 1 Battery Disconnect Unit Integrated Charging 2 AC Charging Cable Control Unit 3 Integrated Charging Control Unit (OBC + DC DC + PDU) ( Low Voltage) 4 EVS
Slide 19: Project Expansion Update
Project Expansion Update k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- • Total Cost (In Rs Expected Sr Product Line Entity Location Capacity Update Crs) SOP Project under Q2 FY26 1 4W Alloy Wheels Uno Minda Ltd 542 Kharkhoda 120k Wheel p.m. implementation Phase 1 To be spend over 5 years Minda Kosei Q4 FY25
Slide 20: Project Expansion Update
Project Expansion Update k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Total Cost (In Expected Sr Product Line Entity Location Capacity Update Crs) SOP Project under 8 Airbags TG Minda (JV) 283 Harohalli Greenfield Q1 FY27 Implementation Project under 9 Casting Uno Minda Ltd 72 Hosur Expansion Q4 FY 26 Impl
Slide 21: Potential Kit Value (ICE) – Uno Minda
POTENTIAL KIT VALUE (ICE)* – UNO MINDA As at the end of FY 2021 2022 2023 2024 2025 17746 15770 15798 15835 13,952 14,161 14374 14,261 14,901 13,910 14851 11,936 12,336 12,003 10,661 11,027 9,675 9,585 8,457 8,243 7645 6,978 7,181 7,324 7324 Economy Executive Premium Scooter Moped Up to 110 CC Up to
Slide 22: Corporate Social Responsibility Initiatives
Corporate Social Responsibility Initiatives ----------------------=--=--=--=~,;;.~~;;;;;;-- - - - - - - - - - - - - - - - -r=--=--==; · ~-~ - ,wot•)( - --~::----- -.-.-=-•-v•.. . . MINDA] . . , . . .,.,.,_ ~ SUMAN NIRMAL MINDA OUNDATION Blanket Donation Driver 12th Valedictory Function at the Samart
Slide 23: Annexures
4 ANNEXUR Internal
Slide 24: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Particulars (Rs. Cr) Q4 FY 25 Q3 FY 25 QoQ% Q4 FY 24 YoY% FY25 FY24 YoY% Revenue from Operations 4,528 4,184 8% 3,794 19% 16,775 14,031 20% Raw Material 2,914 2,740 2,410 10,868 9,064 Employee Cost 586 534 452 2,165 1,779 Oth
Slide 25: Financial Summary (Last 5 Years)
Financial Summary ( Last 5 Years) k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Particulars Unit FY25 FY24 FY23 FY22 FY21 Consolidated Revenue INR Cr 16,775 14,031 11,236 8,313 6,374 EBITDA INR Cr 1,874 1,585 1,242 885 725 EBITDA Margin % 11.2 11.3 11.1 10.6 11.4 PAT (UML Share) INR Cr 943 875 654 356 207 N
Slide 26: About Uno Minda
ABOUT UNO MINDA Internal
Slide 27: About Uno Minda
ABOUT UNO MINDA k!Ot•)I MINDA] UNO MINDA A Leading Auto Component & Systems Player, Uno Minda Limited is one of the leading manufacturers of auto components and systems with leadership across key product segments. Since 1958 ₹ 205B ($ 2.40 B) * TOP 200 74 The company has a well diversified product p
Slide 28: Domains & Product Groups
Domains & Product Groups k!Ot•)I MINDA] - - ""'"'D~IV I NG THE NEW-- Switches 4W, 2W, 3W, CV & Lamps Off road 4W & CV • Electric Vehicle Products Lamps 2W, OR PV EV Products LPG CNG Kits Traction Gear Shifters Motors & Seat Belts 2W/ 3W Speakers f o, - Infotainment Systems ADAS Products Horns ~ Hose
Slide 29: Engine agnostic portfolio with potential upside from EV transition
Engine agnostic portfolio with potential upside from EV transition k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Alternate Fuel Domains Product Lines ICE Hybrid BEV Systems 4W Switches & HVAC Electronic & Control Seat Belts Systems Shifters Infotainment Systems Sensors Controllers ADAS, Controllers and RPAS
Slide 30: UML's Powertrain Focused Portfolio
UML’s Powertrain Focused Portfolio ""'"'D~IVING THE NEW-- Domains Product Lines ICE H2 ICE CNG PHEV HEV BEV Electronic & Control Portable Charging Unit Systems Wall Mount Charger (EVSE) Safety & Comfort Systems Fuel Hoses/Fuel cap Lighting & Alternate Fuel Alternate Fuel Systems
Slide 31: Global Presence
GLOBAL PRESENCE iliifail u111na l Strategic Manufacturing Location Growing International Presence 68 Plants • 29 Engg. Centers HO Head Office RO Reg. Office a 14 Warehouses 6 Plants 7 Sales Office • 8 Engg. Centers a 1 Warehouse -... North zone. (31) [17] {1} East zone (1) Manesar (8) h [6] E.6 - HO
Slide 32: Top Management Team
TOP MANAGEMENT TEAM k!Ot•)I MINDA) """'i)~IVING THE N E - Mr. Nirmal K Minda Mr. Ravi Mehra Mr. Amit Jain Mr. A.G. Giridharan Mr. Kundan K Jha Mr. Naveesh Garg Mr. Rakesh Kher Chairman Managing Director Group Chief Technical CEO- Safety & Comfort CEO, Light Metal & CEO- Electronics and CEO – Afterma
Slide 33: In-house R&D helps drive Innovation
In-house R&D helps drive Innovation… Two-tier Engineering Organization Europe India Central R&D Centre With A Focus On Advanced & Future Technology Pune, Gurugram, Chennai, Hosur & Bangalore India Regensburg, Munich, Ingolstadt-1, Wolfsburg -2, Osnabruck-1 Germany Bilbao Spain Product-focused Busine
Slide 34: Uno Minda – Central R&D and Design Studio
UNO MINDA – Central R&D and Design Studio iliifail MINI)~ Locations Uno Minda’s first flagship centre for Key functional Competencies r- research engineering and advance technologies. Product Planning Technical Sales MISSION: Attain Technology Leadership with Simulation based Engineering Ingenious C
Slide 35: Nurturing Partnerships and Affiliations
Nurturing Partnerships and Affiliations k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- . • - ' (!; .'g,I TOYODA OOBEI TOYOlJ. TSUSHO HYUn □ RI MOBIS JV- Steering Wheel with Airbags, Body Sealing, Fuel Caps, Hoses /4i TLA – Speakers J CLARTONHORN M&A Horns F®@ M & A Lighting Solutions (!, lB TOK/llRIK/1 0 i l
Slide 36: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- Environmental Social Corporate Governance More than 90% of plants ISO Vision to enable Employee and 14001 & ISO 45001 certified Community Well-Being with 15% Renewable Energy Share – FY 23-24 (Environmental & OHS Manageme
Slide 37: ESG Targets and Action Plan
ESG Targets and Action Plan k!Ot•)I MINDA] ""'"'D~IVING THE NEW-- ESG Targets ✓ 60% Renewable energy share by 2030 ✓ Carbon Neutral Operations by 2040 ✓ Carbon Net Zero by 2050 ••• ••• ••• • • •• • •• ••• • •• ••• ••• ••• ••• • •• ••• ••• • •• • •• ••• ••• ••• ••• ••• ••• ••• •• ••• • •• • •• .... .
Slide 38: Awards & Recognitions
Awards & Recognitions k!Ot•)I MINDA] Customer Awards Mr. Nirmal K Minda, CMD, Uno Minda Limited, has Uno Minda is proud to secure 2024-25 been awarded the the Great Place To prestigious HURUN Self- Work® (GPTW) Certification made Entrepreneur Award, for the fourth consecutive year QUALITY 2023! in 2
Slide 39: Thank You
Thank You Corporate Office For further information, please contact Follow us on Address: Village Nawada Fatehpur, P.O. Sikanderpur Mr. Ankur Modi Badda, Manesar, Gurgaon – 122004, India. Vice President Head Treasury and Communication Website: www.unominda.com amodi@unominda.com 38