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Motherson Sumi Wiring's revenue rises 14% to ₹2,496 crore in Q1 FY26

Motherson Sumi Wiring's revenue rises 14% to ₹2,496 crore in Q1 FY26

Time of India3 days ago
Motherson Sumi Wiring India Limited
(MSWIL) reported a 14 per cent year-on-year increase in its revenue for the April–June quarter (Q1) to ₹2,494 crore.
The company's performance significantly outpaced the domestic passenger vehicle industry's growth of 3 per cent during the quarter, driven by higher content per vehicle and presence in new model launches, the company's official statement said.
Its net profit stood at ₹143 crore compared to ₹149 crore in the same period last year, reflecting a drop of 4 per cent, while EBITDA came in at ₹244 crore, up 2 per cent from ₹239 crore in Q1 FY25. Excluding the impact of ongoing ramp-up costs at new Greenfield facilities, EBITDA margin remained stable at 11.7 per cent.
During the quarter, one of the company's new Greenfield facilities commenced production, and is expected to ramp up further in the coming months.
Chairman
Vivek Chaand Sehgal
said, 'The company has delivered a robust year-on-year revenue growth, significantly outpacing the industry's expansion. This reflects our competitiveness and strong relationship with customers, which has enabled us to be present in their key existing and new model launches.'
The share of electric vehicle (EV)-related revenue increased to 5.4 per cent in Q1 FY26, reflecting growing traction in the EV segment.
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Motherson Sumi Wiring India Q1 profit down 3.8 pc at Rs 143.1 cr
Motherson Sumi Wiring India Q1 profit down 3.8 pc at Rs 143.1 cr

News18

time3 days ago

  • News18

Motherson Sumi Wiring India Q1 profit down 3.8 pc at Rs 143.1 cr

New Delhi, Jul 28 (PTI) Auto component maker Motherson Sumi Wiring India Ltd on Monday reported a 3.8 per cent decline in net profit to Rs 143.1 crore in the June quarter, impacted by higher expenses. The company had posted a consolidated net profit of Rs 148.87 crore in the corresponding period last fiscal year, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing. Total revenue from operations in the first quarter was at Rs 2,494.03 crore as against Rs 2,184.84 crore in the year-ago period, it added. During the quarter, total expenses were higher at Rs 2,305.26 crore as compared to Rs 1,991.46 crore in the same period previous fiscal year, the company said. The company said it had a strong revenue growth of 14 per cent year-on-year, where the industry grew 3 per cent, demonstrating strong content growth and presence on new model launches. Commenting on the performance, MSWIL Chairman Vivek Chaand Sehgal said, 'The company has delivered a robust year-on-year revenue growth, significantly outpacing the industry's expansion. This reflects our competitiveness and strong relationship with customers, which has enabled us to be present in their key existing and new model launches." He further said, 'While the ramp-up at a specific greenfield project is growing at a slower-than-expected rate due to market dynamics, we remain on track with our strategic expansion plans to support future requirements of OEMs." PTI RKL TRB First Published: July 28, 2025, 20:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Motherson Sumi Wiring's revenue rises 14% to ₹2,496 crore in Q1 FY26
Motherson Sumi Wiring's revenue rises 14% to ₹2,496 crore in Q1 FY26

Time of India

time3 days ago

  • Time of India

Motherson Sumi Wiring's revenue rises 14% to ₹2,496 crore in Q1 FY26

Motherson Sumi Wiring India Limited (MSWIL) reported a 14 per cent year-on-year increase in its revenue for the April–June quarter (Q1) to ₹2,494 crore. The company's performance significantly outpaced the domestic passenger vehicle industry's growth of 3 per cent during the quarter, driven by higher content per vehicle and presence in new model launches, the company's official statement said. Its net profit stood at ₹143 crore compared to ₹149 crore in the same period last year, reflecting a drop of 4 per cent, while EBITDA came in at ₹244 crore, up 2 per cent from ₹239 crore in Q1 FY25. Excluding the impact of ongoing ramp-up costs at new Greenfield facilities, EBITDA margin remained stable at 11.7 per cent. During the quarter, one of the company's new Greenfield facilities commenced production, and is expected to ramp up further in the coming months. Chairman Vivek Chaand Sehgal said, 'The company has delivered a robust year-on-year revenue growth, significantly outpacing the industry's expansion. This reflects our competitiveness and strong relationship with customers, which has enabled us to be present in their key existing and new model launches.' The share of electric vehicle (EV)-related revenue increased to 5.4 per cent in Q1 FY26, reflecting growing traction in the EV segment.

Motherson Sumi Wiring surges 6% on fixing record date for 1:2 bonus issue
Motherson Sumi Wiring surges 6% on fixing record date for 1:2 bonus issue

Business Standard

time08-07-2025

  • Business Standard

Motherson Sumi Wiring surges 6% on fixing record date for 1:2 bonus issue

Motherson Sumi Wiring has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the company. SI Reporter Mumbai Motherson Sumi Wiring India share price Shares of Motherson Sumi Wiring India (MSWIL) hit an over six-month high at ₹65.47, as they rallied 6 per cent on the BSE in Tuesday's intra-day trade backed by heavy volumes after fixing the record date for 1:2 bonus issue. The stock price of this auto ancillary company was quoting at its highest level since December 2024. It had hit a 52-week high of ₹77 on July 29, 2024. At 02:40 PM; MSWIL was trading 5 per cent higher at ₹65, as compared to 0.04 per cent rise in the BSE Sensex. The average trading volumes at the counter jumped over four-fold. A combined 22.72 million equity shares changed hands on the NSE and BSE. Motherson Sumi fixes July 18, 2025 as record date for 1:2 bonus issue The board of directors of the company at their meeting held on May 29, 2025 recommended issue of bonus shares to the shareholders in the ratio of 1 (one) bonus equity share against 2 (two) existing equity shares, subject to the approval of the shareholders. On July 7, after market hours, MSWIL informed that the company fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the company. Motherson Sumi - Company outlook In the March 2025 quarter, MSWIL delivered robust performance, with revenue growth surpassing industry averages. While maintaining a debt-free status and a strong focus on enhancing operational efficiencies, the management said the company was investing in expanding its capacities. This will allow the company to scale production to meet our customers' evolving requirements for current and future internal combustion engine (ICE) and electric vehicle (EV) programs. MSWIL is in the process of setting up three Greenfield plants for new programs (EV/ICE) for Maruti Suzuki, Mahindra, and Tata Motors. These plants are located in Pune (Maharashtra), Navagam (Gujarat), and Kharkhoda (Haryana). These Greenfield plants are in different stages of completion and ramp-up. The management anticipates annual revenues of approximately ₹2,100 crore to come on stream, once all the plants are in production phase by H2FY26. Analysts at Choice Equity Broking believe the EBITDA margin will remain impacted for the coming quarters, with normalization in margin to be seen by H2FY26 as new plants start production and ramp up. Start-up costs will likely peak in H1CY25 and moderate thereafter, with a positive contribution expected from Q4FY26. The brokerage firm remains constructive on the long-term opportunity as the company is well-positioned to benefit from the industry's shift toward EV and hybrid powertrains, which is expected to drive an increase in content per vehicle. Ongoing capacity expansion and incremental order wins should support a steady growth trajectory over the medium term. Meanwhile, analysts at Elara Securities India believe the actualization of these revenues will be subject to ramp-up of the models in new plants and how these new models cannibalize existing models in the industry (thus restricting MSWIL's outperformance versus industry growth in a meaningful way). The brokerage firm in the quarterly update said that they also monitor margin profile of new orders; especially in high voltage wiring harness (herein margins are expected to be lower than the company average initially). About Motherson Sumi Wiring India Limited (MSWIL) Motherson Sumi Wiring India Limited (MSWIL) is a leading and fast-growing full-system solutions provider to original equipment manufacturers (OEMs) in the wiring harness segment in India. Motherson Sumi Wiring India is a joint venture between Samvardhana Motherson International Limited (SAMIL) and Sumitomo Wiring Systems, Ltd. (SWS). MSWIL has a product profile that benefits from favourable industry trends of premiumisation, which leads to an increase in automobile electrification and supports current and future automotive trends.

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