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Fundamentals for Uno Minda Limited
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Fundamentals for Uno Minda Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Uno Minda Limited, together with its subsidiaries, manufactures and supplies auto components and systems in India and internationally. It provides alloy wheels, automotive switches, horns, infotainment systems, speakers, socket assemblies, fuel hoses, sensors, actuators, controllers, telematics and connected solutions, alternate fuel systems, air filtration systems, canisters, seat head rest and arm rests, luggage boards, automotive wireless chargers, seat recliner mechanism, multi mode drive switches, USB chargers, wheel covers, seat belts, shifters, cameras, air ducts and washer bottles, EA pads, spoilers, steering wheels with air bags, body sealings, fuel caps, and brake hoses. The company also offers automotive seats, switches and lights, heated grips, customized switches, die casting components, batteries, handle bar assemblies, combined braking systems, relays, and noise supressor caps; off board chargers, and battery management products; combination switches, lamps, traction motors, motor controllers, and intelligent transport systems; and lever combinations, DC converters, smart plugs, and FNR switches. It provides its products for 4 wheelers, 2/3 wheelers, 2 and 3 wheeler EVs, off road, and commercial vehicles. The company sells its products to original equipment manufacturers. The company was formerly known as Minda Industries Limited and changed its name to Uno Minda Limited in July 2022. The company was founded in 1958 and is headquartered in Gurugram, India.
Revenue projections:
UNOMINDA is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 1.32900 |
|---|---|
| forwardPE | 49.61909 |
| debtToEquity | 43.13600 |
| earningsGrowth | 0.23700 |
| revenueGrowth | 0.13400 |
| grossMargins | 0.34837 |
| operatingMargins | 0.07859 |
| trailingEps | 19.02000 |
| forwardEps | 0.00000 |
UNOMINDA's current ratio being 1.329 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
Uno Minda Limited's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that Uno Minda Limited will continue to grow its operations, driven by increasing profits and revenue.
Price projections:
Over time, price projections for Uno Minda Limited have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect Uno Minda Limited to continue on a positive growth trajectory.
Recommendation changes over time:
The analysts' recent buy bias for Uno Minda Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view Uno Minda Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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