Uno Minda - Q3: Reports Mixed Nos; Outperformance Likely To Continue
The company’s EBITDA (inline) grew by 12% YoY (flat QoQ), and EBITDA margins (missing by 20 bps) stood at 10.8%, down 83 bps YoY (flat QoQ).
381 Views
Uno Minda - Outperformance Across All Divisions; Sustainable Business Model
Revenue grew by 26%/17% YoY/QoQ with growth across all key product segments, led by the ramp-up of Lighting plant and higher-than-expected growth...
250 Views
Uno Minda - Estimates Largely Inline; Valuations Full at CMP
We like UNO Minda as a play on Auto, especially with a strong EV product portfolio, robust order book and capacity expansion projects, the benefits...
331 Views
Uno Minda - Growth Drivers in Place; Maintain BUY
Uno Minda’s numbers missed our Revenue/EBITDA/PAT estimates. Revenue grew by 20% YoY but stood flat QoQ, a 5% miss (vs. our estimate)
173 Views
Automotive Industry Update: Electric Vehicle Policy
The crux of the EV Policy lies in its strategic initiative to entice Global Original Equipment Manufacturers (OEMs) to establish local production...
236 Views