Latest news with #Motherson
Economic Times
5 days ago
- Business
- Economic Times
Samvardhana Motherson shares gain over 4% after Q4 profit rises 20% YoY; announces 1:2 bonus issue
The board has also recommended a final dividend of Rs 0.35 per equity share for FY25. The record date for determining eligible shareholders is June 23. Samvardhana Motherson's shares surged following a robust Q4FY25 performance, marked by a 20% YoY increase in net profit, reaching Rs 1,050.5 crore. The company announced a 1:2 bonus issue and a final dividend of Rs 0.35 per share. Additionally, the board approved raising up to Rs 8,500 crore through NCDs, with FY25 net profit soaring 40% to Rs 3,803.02 crore. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Samvardhana Motherson share price target Shares of Samvardhana Motherson rose over 4% to Rs 158.60 on the BSE on Friday after the company reported a 20% year-on-year (YoY) increase in net profit for Q4FY25, and announced a 1:2 bonus auto component major posted a net profit of Rs 1,050.5 crore for the March quarter, up from Rs 878.63 crore in the same period last year. Revenue from operations grew 6% YoY to Rs 29,316.83 crore, compared to Rs 27,665.92 crore in its earnings, the company's board recommended a 1:2 bonus issue, meaning shareholders will receive one bonus share for every two shares held, subject to approval at the upcoming general board also proposed a final dividend of Rs 0.35 per equity share for FY25. The record date for dividend eligibility is set for June 23, and if approved at the AGM, the payment will be made on or before September Motherson's board also approved a plan to raise up to Rs 8,500 crore through the issuance of rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) on a private placement the entire financial year, which ended on March 31, 2025, Samvardhana Motherson reported a 40% YoY surge in net profit to Rs 3,803.02 crore. Its revenue from operations meanwhile rose over 15% on-year to Rs 1.14 lakh crore in FY25. EBITDA grew 17% on-year to Rs 10,877 crore."Our performance demonstrates the resilience and adaptability of our business. Leveraging our strong engineering and manufacturing expertise, we are well-equipped to meet our customers' needs, positioning us for long-term sustainable growth. Our booked business value of USD 88+ billion, which also encompasses non-automotive businesses, sets a strong foundation for a bright future. The Board congratulated the Motherson Team for an exceptional performance over the five-year period despite numerous challenges in a volatile world," said Vivek Chaand Sehgal, Chairman of the company."The Company managed to achieve the highest ever sales outpacing the automotive industry by building several new facilities, integrating record number of acquisitions (23), entering new industries successfully, all while exceeding customer expectations on quality (receiving multiple awards globally); yet retaining focus on free cash flow and bringing the leverage ratio to the lowest level in the five year period," he to Trendlyne, the average target price for Samvardhana Motherson is Rs 158, indicating a potential upside of nearly 3% from current levels. Of the 23 analysts tracking the stock, the consensus recommendation remains 'Buy'.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
5 days ago
- Automotive
- Time of India
Samvardhana Motherson shares gain over 4% after Q4 profit rises 20% YoY; announces 1:2 bonus issue
Live Events Samvardhana Motherson share price target (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Samvardhana Motherson rose over 4% to Rs 158.60 on the BSE on Friday after the company reported a 20% year-on-year (YoY) increase in net profit for Q4FY25, and announced a 1:2 bonus auto component major posted a net profit of Rs 1,050.5 crore for the March quarter, up from Rs 878.63 crore in the same period last year. Revenue from operations grew 6% YoY to Rs 29,316.83 crore, compared to Rs 27,665.92 crore in its earnings, the company's board recommended a 1:2 bonus issue, meaning shareholders will receive one bonus share for every two shares held, subject to approval at the upcoming general board also proposed a final dividend of Rs 0.35 per equity share for FY25. The record date for dividend eligibility is set for June 23, and if approved at the AGM, the payment will be made on or before September Motherson's board also approved a plan to raise up to Rs 8,500 crore through the issuance of rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) on a private placement the entire financial year, which ended on March 31, 2025, Samvardhana Motherson reported a 40% YoY surge in net profit to Rs 3,803.02 crore. Its revenue from operations meanwhile rose over 15% on-year to Rs 1.14 lakh crore in FY25. EBITDA grew 17% on-year to Rs 10,877 crore."Our performance demonstrates the resilience and adaptability of our business. Leveraging our strong engineering and manufacturing expertise, we are well-equipped to meet our customers' needs, positioning us for long-term sustainable growth. Our booked business value of USD 88+ billion, which also encompasses non-automotive businesses, sets a strong foundation for a bright future. The Board congratulated the Motherson Team for an exceptional performance over the five-year period despite numerous challenges in a volatile world," said Vivek Chaand Sehgal, Chairman of the company."The Company managed to achieve the highest ever sales outpacing the automotive industry by building several new facilities, integrating record number of acquisitions (23), entering new industries successfully, all while exceeding customer expectations on quality (receiving multiple awards globally); yet retaining focus on free cash flow and bringing the leverage ratio to the lowest level in the five year period," he to Trendlyne, the average target price for Samvardhana Motherson is Rs 158, indicating a potential upside of nearly 3% from current levels. Of the 23 analysts tracking the stock, the consensus recommendation remains 'Buy'.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times
5 days ago
- Automotive
- Economic Times
Auto components maker Samvardhana Motherson to spend 70% of FY26 capex beyond cars
Automotive components maker Samvardhana Motherson International Ltd (SAMIL) on Thursday said it will allocate nearly 70% of its planned ₹6,000 crore capital expenditure for FY26 to non-automotive businesses, as per its FY25 earnings presentation. ADVERTISEMENT The company is investing in greenfield projects across aerospace, consumer electronics, industrial solutions, and other sectors. In FY25, the company spent ₹4,433 crore in capex, focusing on growth opportunities in emerging markets and non-auto businesses. Its capex-to-EBITDA ratio stood at 41% for the year. Of the 14 greenfield projects currently under execution, nine are expected to go onstream in FY26. These include facilities in India, China, Poland, Mexico, and the UAE, catering to both automotive and non-automotive divisions. Also Read: Samvardhana Motherson proposes 1:2 bonus issue, recommends final dividend of Rs 0.35 per share Notably, three greenfield projects were newly announced during the year, including one in aerospace and another in lighting and electronics for non-automotive key project involves a new plant in India to manufacture and assemble components for semiconductor manufacturing machines. Other major non-auto investments include capacity expansion in aerospace and industrial technology solutions. ADVERTISEMENT For the January–March quarter (Q4FY25), Motherson reported a 22.75% year-on-year (YoY) drop in consolidated profit after tax (PAT) at ₹1,115.38 crore, compared with ₹1,444 crore a year earlier. However, revenue from operations rose 8.34% YoY to ₹29,316.83 crore from ₹27,058.22 crore in Q4FY24. For the full fiscal year FY25, the company posted a 40% YoY increase in PAT at ₹3,803 crore, up from ₹2,716 crore in FY24. Consolidated revenue rose 15% YoY to ₹1,13,663 crore, while EBITDA increased 17% to ₹10,877 crore. ADVERTISEMENT The net debt-to-EBITDA ratio remained steady at 0.9x, reflecting a strong balance sheet. As of March 31, 2025, effective net debt stood at ₹9,791 crore. Revenue from emerging businesses, which include both auto and non-auto operations, rose to ₹11,418 crore in FY25 from ₹8,090 crore in FY24. Within this, non-automotive revenue contributed ₹3,186 crore, led by a fivefold jump in aerospace revenue to ₹1,749 continues to benefit from its 'globally local' business model and robust order book valued at over $88 billion, with healthy traction across segments. ADVERTISEMENT The company also noted that most trade barrier impacts were mitigated due to USMCA compliance and added that it is in constructive talks with customers regarding pass-through of tariff-related board has recommended a final dividend of ₹0.35 per share, with June 23 set as the record date. The dividend will be paid by September 26. ADVERTISEMENT Additionally, the board has proposed a bonus issue in a 1:2 ratio, meaning shareholders will receive one additional share for every two shares FY26, Motherson has earmarked ₹6,000 crore in capital expenditure, with a 10% margin of variation. About 50% of this will go towards business expansion, while nearly 70% will be directed toward non-automotive sectors, in line with the group's broader diversification strategy. Shares of Samvardhana Motherson International Ltd closed at ₹152.12 on Thursday, up ₹3.42 or 2.30%.
Time of India
6 days ago
- Automotive
- Time of India
Auto components maker Samvardhana Motherson to spend 70% of FY26 capex beyond cars
Automotive components maker Samvardhana Motherson International Ltd (SAMIL) on Thursday said it will allocate nearly 70% of its planned ₹6,000 crore capital expenditure for FY26 to non-automotive businesses, as per its FY25 earnings presentation. The company is investing in greenfield projects across aerospace, consumer electronics, industrial solutions, and other sectors. In FY25, the company spent ₹4,433 crore in capex, focusing on growth opportunities in emerging markets and non-auto businesses. Its capex-to-EBITDA ratio stood at 41% for the year. Of the 14 greenfield projects currently under execution, nine are expected to go onstream in FY26. These include facilities in India, China, Poland, Mexico, and the UAE, catering to both automotive and non-automotive divisions. Also Read: Samvardhana Motherson proposes 1:2 bonus issue, recommends final dividend of Rs 0.35 per share Notably, three greenfield projects were newly announced during the year, including one in aerospace and another in lighting and electronics for non-automotive applications. Live Events One key project involves a new plant in India to manufacture and assemble components for semiconductor manufacturing machines. Other major non-auto investments include capacity expansion in aerospace and industrial technology solutions. Q4 and FY25 financial performance For the January–March quarter (Q4FY25), Motherson reported a 22.75% year-on-year (YoY) drop in consolidated profit after tax (PAT) at ₹1,115.38 crore, compared with ₹1,444 crore a year earlier. However, revenue from operations rose 8.34% YoY to ₹29,316.83 crore from ₹27,058.22 crore in Q4FY24. For the full fiscal year FY25, the company posted a 40% YoY increase in PAT at ₹3,803 crore, up from ₹2,716 crore in FY24. Consolidated revenue rose 15% YoY to ₹1,13,663 crore, while EBITDA increased 17% to ₹10,877 crore. The net debt-to-EBITDA ratio remained steady at 0.9x, reflecting a strong balance sheet. As of March 31, 2025, effective net debt stood at ₹9,791 crore. Segment performance and outlook Revenue from emerging businesses, which include both auto and non-auto operations, rose to ₹11,418 crore in FY25 from ₹8,090 crore in FY24. Within this, non-automotive revenue contributed ₹3,186 crore, led by a fivefold jump in aerospace revenue to ₹1,749 crore. Motherson continues to benefit from its 'globally local' business model and robust order book valued at over $88 billion, with healthy traction across segments. The company also noted that most trade barrier impacts were mitigated due to USMCA compliance and added that it is in constructive talks with customers regarding pass-through of tariff-related costs. Dividend and bonus issue The board has recommended a final dividend of ₹0.35 per share, with June 23 set as the record date. The dividend will be paid by September 26. Additionally, the board has proposed a bonus issue in a 1:2 ratio, meaning shareholders will receive one additional share for every two shares held. FY26 capex plans For FY26, Motherson has earmarked ₹6,000 crore in capital expenditure, with a 10% margin of variation. About 50% of this will go towards business expansion, while nearly 70% will be directed toward non-automotive sectors, in line with the group's broader diversification strategy. Shares of Samvardhana Motherson International Ltd closed at ₹152.12 on Thursday, up ₹3.42 or 2.30%.
Mint
6 days ago
- Business
- Mint
Samvardhana Motherson Q4 results: Net profit falls 22.7%, revenue up 8%; bonus issue, dividend declared
Samvardhana Motherson Q4 results: Samvardhana Motherson International (SAMIL) (formerly Motherson Sumi Systems) has announced its financial results for the quarter ended March 2025 (Q4FY25). The company's consolidated net profit declined 22.7 percent to ₹ 1,115.28 crore in Q4FY25 as against ₹ 1,444 crore in the same period last year. Meanwhile, sequentially, it rose 13.3 percent from ₹ 984.35 crore in the June quarter. Its consolidated total revenue from operations also increased over 8 percent to ₹ 29,317 crore in the quarter under review versus ₹ 27,058 crore in year-ago period. Sequentially, it increased 6 percent from ₹ 27,666 crore in the June quarter. Samvardhana Motherson reported a marginal decline in its operating performance for the quarter, with EBITDA slipping 1.6 percent year-on-year to ₹ 2,643 crore. The company also saw its EBITDA margin contract by 70 basis points, easing to 9 percent from 9.7 percent in the corresponding period last year. Samvardhana Motherson's board has approved a bonus share issue in the ratio of 1:2, subject to shareholder approval at the upcoming annual general meeting. This means shareholders will receive one bonus share for every two shares held. Samvardhana Motherson has proposed a final dividend of ₹ 0.35 per equity share (of face value Re 1 each) for the financial year 2024-25. The dividend recommendation applies to the company's entire share capital of 7,03,62,95,067 equity shares and is subject to shareholder approval at the upcoming Annual General Meeting (AGM), scheduled for August 28, 2025. If approved at the AGM, the final dividend will be paid within 30 days of declaration, i.e., by or before September 26, 2025. This final dividend will be in addition to the interim dividend of ₹ 0.50 per share already paid for FY25. The record date for the same has been set for June 23, 2025. Additionally, the board has given in-principle approval for raising funds through the issuance of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) with a face value of ₹ 1 lakh each. The total amount to be raised through this private placement route is set at ₹ 8,500 crore. Chairman Vivek Chaand Sehgal of Motherson lauded the company's performance, underscoring its resilience and adaptability in the face of global volatility. He credited Motherson's robust engineering and manufacturing capabilities for enabling the group to consistently meet customer expectations while laying the groundwork for long-term, sustainable growth. 'Our booked business value has now crossed USD 88 billion, which includes significant contributions from our non-automotive segments. This positions us on a solid path for future expansion,' Sehgal said. Reflecting on the company's achievements over the past five years, Sehgal highlighted that Motherson not only achieved its highest-ever sales but also outpaced the broader automotive industry. He noted that this growth was fueled by the establishment of multiple new facilities, the successful integration of 23 acquisitions, and entry into new industries—all accomplished while maintaining a strong focus on quality and customer satisfaction. 'These achievements were recognised globally through multiple quality awards. At the same time, we kept our sights on financial discipline, improving free cash flows and reducing our leverage ratio to its lowest level in the last five years,' he added. Motherson has continued to outperform the broader industry, outpacing it by approximately 15 percent. This has been driven by strong content growth across product lines and an active mergers and acquisitions (M&A) strategy that has bolstered the company's expansion into new markets and segments. At a consolidated level, the company achieved a return on capital employed (ROCE) of 17.2 percent. Motherson maintained a healthy financial position, with net debt to EBITDA at a comfortable 0.9x. Capital expenditure for the financial year stood at ₹ 4,433 crore. The company said this spending was carefully calibrated in line with market conditions while ensuring that investments critical to long-term growth remained unaffected. As part of its ongoing expansion plans, Motherson is executing 14 greenfield projects, with nine of them expected to become operational during FY26. The company's total booked business value has now crossed USD 88 billion, with notable traction in non-automotive segments. Additionally, the company has managed to cushion the majority of trade-related risks by remaining compliant with the US-Mexico-Canada Agreement (US MCA). Furthermore, Motherson is engaged in constructive conversations with its customers to pass on tariff-related costs, ensuring stability in profitability and cost competitiveness in global markets. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
