Expect peak revenues of Rs 3,000 odd crore from EV & non-EV components in FY26, FY27: Sunil Bohra, UNO Minda

economictimes.indiatimes.com:

Sunil Bohra, ED-Group CFO, UNO Minda, says: “Our total order book from the EV segment per se, which includes the EV components and also the existing components which goes into the EV vehicle, the order book stands at roughly like I would say Rs 3,000 odd crore which we expect to peak in somewhere in around FY26, FY27 because it has a ramp up and we all know that the market has been today trying to absorb the impact of the FAME II subsidy reduction, etc.”
The margins this time were a steady show, but the question is that given that there are a lot of capex lined up, going forward could there be a bit of a drop in margins?
As you rightly mentioned, we have continued to deliver industry-leading growth quarter after quarter. Even in this quarter, we have grown by 26% and as you rightly mentioned to support this kind of growth, we have to continuously reinvest in the business and recently the board has also approved setting up of a new alloy wheel plant for meeting the new business requirements, etc.
So, definitely in the short term while we do expect the margins to maintain at around 11% plus-minus a few basis points and when we say the guidance of 11%, the incremental cost which normally tends to creep in once you commission the new plants is already baked in. We do not expect any significant deterioration or dilution in the existing margins per se.

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Since the new capacity addition that you talked about just now, the four-wheeler alloy wheel, is going to substantially increase