Uno Minda Shares Surge 18% Since August 6 Following Strong Q1 Results

Uno Minda shares surged 18% since August 6 after reporting strong Q1 results. The company's revenue exposure to overseas markets is limited to just over 10%, shielding it from higher US tariffs. Uno Minda has guided for a capital expenditure of ₹1,600-₹1,700 crore for FY26, with three-fourths being growth capex. The company has also acquired land in Chhatrapati Sambhajinagar for ₹130 crore and announced a capex of ₹210 crore for electric vehicle components. Emkay Global Financial Services raised FY26-27 earnings per share estimates by about 2% to factor in sustained margin improvement.

Uno Minda shares have surged by 18% since August 6 following the release of strong Q1 results. The company's revenue exposure to overseas markets is limited to just over 10%, which shields it from higher US tariffs [1]. Uno Minda has guided for a capital expenditure (capex) of ₹1,600-₹1,700 crore for FY26, with three-fourths of this being growth capex. Additionally, the company has acquired land in Chhatrapati Sambhajinagar for ₹130 crore and announced a capex of ₹210 crore for electric vehicle (EV) components [2]. Emkay Global Financial Services has raised its FY26-27 earnings per share (EPS) estimates by about 2% to factor in sustained margin improvement.

Uno Minda's Q1 results indicate a robust performance, with limited exposure to US tariffs providing a significant advantage. The company's focus on growth capex and strategic acquisitions positions it well for future expansion. Emkay's revised EPS estimates reflect the market's optimism about Uno Minda's ability to maintain and improve its margins. Investors should closely monitor Uno Minda's progress in executing its growth plans and the impact of its strategic acquisitions on financial performance.

References:
[1] https://m.economictimes.com/markets/stocks/news/nomura-backs-icici-bank-infosys-25-more-stocks-for-long-term-gains-despite-muted-q1-us-tariff-worries/it-services/slideshow/123538890.cms
[2] https://www.theblock.co/post/368718/iren-on-track-to-1-billion-in-annualized-bitcoin-mining-revenue