Key Metrics of Uno Minda
About Uno Minda
Sectors
Company details
- Website
- unominda.com
- Registered office
- B-64/1 Wazirpur Industrial Area, Delhi, In-dl, 110052
- Listed
- NSE: UNOMINDA · ₹1,099.90
Operational Areas of Uno Minda
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 17 Aug 2026 | ICRA | Reaffirmed | AA+ | A1+ | Stable | ₹2,750 Cr | View |
Credit strengths (ICRA, Aug 2026)
+ Diversified business profile across segments, customers and products
UML's business profile remains well diversified across automotive components, vehicle segments and customers, supporting resilience against demand fluctuations in any single segment.
+ Established market position in most product segments
UML is the largest automotive switch and PV alloy-wheel manufacturer, and the second-largest player in automotive seating and lighting in the domestic market.
+ Healthy financial risk profile characterised by a conservative capital structure and strong debt coverage indicators
Over the years, UML has maintained a healthy financial risk profile, characterised by low leverage and strong debt coverage indicators despite significant investments in capacity expansion, acquisitions and consolidation of group businesses.
Credit challenges
− Susceptible to inherent cyclicality of automotive industry
As UML derives most of its revenues (90% in FY2026) from the domestic automotive market, and its earnings remain susceptible to the inherent cyclicality of the market.
− Ongoing capex plans to constrain improvement in return indicators
Over the years, UML has undertaken sizeable investments towards capacity expansion, new product development, acquisitions and EV -related initiatives.
Could lead to an upgrade
The company’s ability to demonstrate significant improvement in the scale of operations, while maintaining healthy return indicators and credit metrics, would be factored in favourably for a rating improvement.
Could lead to a downgrade
Sustained moderation in operating performance due to weakening automotive demand, or significant debt- funded capex, or inorganic expansion leading to deterioration in the financial risk profile, could result in a negative rating action. Specifically, a sustained increase in leverage, with total debt /OPBDITA remaining above 1.5 times, would be a key negative rating trigger.
Agency-reported financials (ICRA, 17 Aug 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income | ₹16,775 Cr | ₹19,658 Cr |
| PAT | ₹840 Cr | ₹1,035 Cr |
| OPBDIT/OI | 11.2% | 11.5% |
| PAT/OI | 5.0% | 5.3% |
| Total outside liabilities/Tangible net worth (times) | 0.90× | 0.90× |
| Total debt/OPBDIT (times) | 1.30× | 1.20× |
| Interest coverage (times) | 11.00× | 12.10× |
| Revenue growth (YoY) | — | 17.2% |
| EBITDA (margin × income) | ₹1,879 Cr | ₹2,261 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹2,442 Cr | ₹2,713 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹171 Cr | ₹187 Cr |
Borrowings & rated debt
Facility mix
Maturity ladder
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| loan Long-term/short-term – Fund | Working capital & bank lines | ₹569 Cr | ₹580 Cr | 1.9% | AA+ / A1+ (Stable) | Reaffirmed | ICRA |
| based/non-fund based limits Short-term-Non-fund based | Non-fund based limits | ₹702 Cr | ₹875 Cr | 24.6% | A1+ | Reaffirmed | ICRA |
| facilities | Other | ₹290 Cr | ₹645 Cr | 122.4% | — | Other | ICRA |
| Unallocated limits | Other | ₹39.0 Cr | ₹50.0 Cr | 28.2% | — | Assigned | ICRA |
| programme | Other | ₹600 Cr | ₹600 Cr | 0.0% | AA+ (Stable) | Reaffirmed | ICRA |
Debt instruments
| ISIN | Instrument | Type | Coupon | Issued | Maturity | Amount | Rating | Status |
|---|---|---|---|---|---|---|---|---|
| INE405E08069 | NCD Programme | Debentures & bonds | 7.12% | 19 Aug 2025 | 29 Oct 2026 | ₹100 Cr | AA+ | Matured |
| INE405E08036 | NCD programme | Debentures & bonds | 7.85% | 06 Aug 2024 | 26 Feb 2027 | ₹50.0 Cr | AA+ | Outstanding |
| INE405E08010 | NCD programme | Debentures & bonds | 7.85% | 29 Apr 2024 | 29 Apr 2027 | ₹100 Cr | AA+ | Outstanding |
| INE405E08028 | NCD programme | Debentures & bonds | 7.88% | 06 Aug 2024 | 06 Aug 2027 | ₹100 Cr | AA+ | Outstanding |
| — | Term Loan III FY FY | Term loans | — | 31 Mar 2025 | 31 Mar 2030 | ₹290 Cr | AA+ | Outstanding |
| — | Term Loan I FY FY | Term loans | — | 31 Mar 2023 | 31 Mar 2031 | ₹60.0 Cr | AA+ | Outstanding |
| — | Term Loan II FY FY | Term loans | — | 31 Mar 2023 | 31 Mar 2031 | ₹230 Cr | AA+ | Outstanding |
| INE405E08044 | NCD programme | Debentures & bonds | 7.75% | — | — | ₹100 Cr | AA+ | Not stated |
| INE405E08051 | NCD programme | Debentures & bonds | 7.75% | — | — | ₹50.0 Cr | AA+ | Not stated |
| INE405E08077 | NCD Programme | Debentures & bonds | 7.11% | — | — | ₹100 Cr | AA+ | Not stated |
Credit assessment · Auto components
Rating Methodology – Auto Components and Equipment (Oct 2026) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 68% |
| Information on file | 78% · missing: Capex / investment plans, Auditor details |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 68% chance the next rating action is stable or better
- Current rating AA+ (investment grade)
- Interest coverage 12.1×
- ₹50 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
The liquidity profile remains comfortable, supported by healthy cash flow generation, cash and liquid investments of around Rs. 361 crore and adequate unutilised bank lines.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Uno Minda
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Tata Motors Passenger Vehicles |
Gears, Steering, Brakes & Systems · Auto Components, Forging & Casting | tata.cars | 1945 | Mumbai, India |
 Maruti Suzuki India |
Passenger Cars · Automobile Manufacturers | marutisuzuki.com | 1981 | New Delhi, India |
 Tata Motors |
Outlets operated by Sri Lakshmi Motors. | tatamotors.com | 1945 | Mumbai, India |
 Hyundai Motor India |
Part of Hyundai Motor Company. | hyundai.com/in/en | — | Kanchee- -puram, India |
 Bajaj Auto |
Two-Wheelers & Three-Wheelers · Automobile Manufacturers | bajajauto.com | 1945 | Pune, India |
 Ashok Leyland |
Commercial Vehicles & Buses · Automobile Manufacturers | ashokleyland.com | 1948 | Chennai, India |
 TVS Motor Company |
Two-Wheelers & Three-Wheelers · Automobile Manufacturers | tvsmotor.com | 1979 | Chennai, India |
 Hero MotoCorp |
Outlets operated by Avi Bhatiya. | heromotocorp.com | 1984 | New Delhi, India |
 Skoda Auto Volkswagen India |
Part of Volkswagen Group. | skoda-vw.co.in | 2007 | Pune, India |
| Tube Investments Of India Limited | Pipes & Tubes · Steel, Metals & Pipes | — | — | Chennai, Tamil Nadu, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Switches, lighting and vehicle electronics
Filings
No filings on record yet.