Value Creation
Highlights FY 2022-23
Anticipating the technology, climate, and policy shifts, we integrate our resource to shape the future of mobility towards sustainability. We are the leaders in innovation management, creating reliable product solutions which address the demands of rapidly changing automotive and industrial ecosystems.
We are committed to enhance our abilities and build upon our competencies to offer high quality, reliable and sustainable products to our customers.
We are continually developing our R&D capabilities to enhance efficiency of our material and human resources. This has helped us to add multiple products to our portfolio and provide end to end services to the customers. Usage of cutting edge technologies has given us an opportunity to build a reputable and reliable image of the Company, which has always given more than satisfactory services to the stakeholders.
Through iterative and productive stakeholder interactions, we have able to solve most complex problems through collaborations and consultations. Being a responsible corporate, we have taken up challenging Environmental, Social and Governance (ESG) targets which have set our directions for sustainable, inclusive, and ethical business.
Leading The Way Through Reliable Performance
Financial Capital
Uno Minda Group demonstrated strong financial performance during FY 2022-23. Our focus on operational efficiency, strategic investments, and prudent financial management enabled us to strengthen our financial position. We achieved robust revenue growth and maintained a healthy profitability margin, reflecting our ability to generate sustainable financial returns.
35%
Increase in Revenue
40%
Increase in EBIDTA
84%
Increase in Earnings After Tax
Intellectual Capital
We have continued to strengthen our intellectual capital by enhancing our commitment to innovation and knowledge-driven strategies, which has enriched our intellectual property portfolio, fostering a culture of continuous learning and technological advancement. We invested in research and development initiatives, fostering collaborations with industry partners, academia, and research institutions to drive innovation across our product lines. We also focussed on knowledge management, capturing, and sharing valuable insights and best practices across the organisation.
4% Of Revenue
R&D Spend
394+
Patents Filed
381+
Designs Filed
Manufacturing Capital
Our manufacturing capabilities remained a key driver of our success. We continued to strengthen and expand our state-of-the-art manufacturing facilities, ensuring operational excellence and efficiency across our production processes. Our focus on lean manufacturing principles, process optimisation, and automation resulted in increased productivity, improved quality, and reduced lead times. We made strategic investments in advanced technologies, equipment, and infrastructure to enhance our manufacturing while our commitment to sustainability also reflected in our manufacturing operations, with initiatives aimed at minimising environmental impact, reducing waste, and promoting energy efficiency.
2
New Plants Commissioned
₹ 1,079 Crores
CAPEX
12
Electric Vehicle Specific Products
Human Capital
We recognise that our people are our greatest asset. In FY 2022-23, we continued to invest in our human capital, nurturing a highly skilled, diverse, and engaged workforce. We focussed on attracting top talent, fostering a culture of inclusion and empowerment, and providing professional development opportunities. Our comprehensive training programmes equipped employees with the necessary skills and knowledge to excel in their roles and adapt to a rapidly evolving business environment. We fostered a safe and inclusive work environment that prioritises employee well-being and encourages collaboration and innovation. This human capital forms the foundation of our success, enabling us to achieve our strategic objectives, foster a culture of excellence, and create long-term value for our stakeholders.
India’s Best Workplaces in Auto & Auto Components 2023
70%
Women Workforce (Shopfloor)
10 Hours
of Training Per Person
Social and Relationship Capital
Uno Minda Group acknowledges the importance of strong relationships with our stakeholders and the positive impact we can create in the communities where we operate. We continued to enhance our social and relationship capital by actively engaging with our stakeholders, including customers, suppliers, employees, investors, and local communities. We fostered transparent and collaborative partnerships, seeking to understand and respond to their evolving needs and expectations. Through our corporate social responsibility initiatives, we made meaningful contributions to the communities we serve, focussing on education, skill development, environmental conservation, and social welfare. This social and relationship capital strengthens our brand reputation, fosters long-term relationships, and positions us as a responsible corporate citizen.
₹ 7.61 Crores
CSR Spend
930
Person hours of Supplier Training
19300+
Lives Impacted
Natural Capital
We recognise the importance of environmental stewardship and sustainable practices in our operations. During the reporting year, we continued to prioritise environment by implementing measures to reduce our environmental footprint and promote sustainability. We adopted energy-efficient technologies, renewable energy sources, and eco-friendly manufacturing processes to minimise greenhouse gas emissions and conserve natural resources. Our focus on waste reduction, recycling, and responsible waste management practices contributed to a circular economy approach. We actively engaged in biodiversity conservation and environmental preservation initiatives, both within our facilities and in the surrounding communities. Compliance with environmental regulations and adherence to international standards remained integral to our environmental capital strategy. By safeguarding the environment, we aim to create a positive impact on the planet and contribute to a sustainable future for generations to come.
