Latest news with #SamvardhanaMotherson
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Business Standard
3 days ago
- Business
- Business Standard
Samvardhana Motherson shares up 4% after Q4 results, bonus issue
Shares of Samvardhana Motherson International surged over 4 per cent on Friday even after the company's net profit fell by 23 per cent year on year (Y-o-Y) in the fourth quarter that ended on March 31, 2025. The auto components and equipment manufacturer's stock rose as much as 4.3 per cent during the day to ₹158.6 per share, the biggest intraday gain since May 12, 2025. The stock pared gains to trade 1.3 per cent higher at ₹154 apiece, compared to a 0.28 per cent decline in Nifty50 as of 10:30 AM. Shares of the company have gained for the third straight month, with a rally of over 15 per cent in May so far. However, the counter has fallen 1.5 per cent this year, compared to a 5 per cent advance in the benchmark Nifty50. Samvardhana Motherson has a market capitalisation of ₹1.08 trillion, according to BSE data. Samvardhana Motherson Q4 results The company's consolidated net profit fell by 23 per cent Y-o-Y to reach ₹1,050 crore in the fourth quarter that ended on March 31, 2025. During the same quarter of the previous fiscal year (2023–24), the company had reported a net profit of ₹1,372 crore. Revenue from operations for the January–March period increased to ₹29,317 crore, up from ₹27,666 crore in the corresponding quarter a year earlier. For the full fiscal year 2024–25, the company posted a consolidated net profit of ₹3,803 crore, reflecting a 40 per cent year-on-year rise compared to ₹2,716 crore in 2023–24. Revenue for the year rose to ₹1,13,663 crore from ₹98,692 crore in the previous fiscal. Samvardhana Motherson approves bonus issue The board of Samvardhana Motherson International approved bonus shares in the ratio of 1:2, i.e., 1 equity share of ₹1 each as a bonus share fully paid-up, for every 2 existing equity shares of ₹1 each. About Samvardhana Motherson Samvardhana Motherson International (formerly known as Motherson Sumi Systems Limited) is a globally diversified manufacturer and a full-system solutions provider to customers in automotive and other industries. The Company is one of the world's largest and fastest-growing suppliers for Original Equipment Manufacturers (OEMs) in the automotive industry. In February, the company entered into a joint venture with Japan's Sanko, a player in the material handling sector, to provide sustainable packaging solutions in India and Europe. The joint venture (JV) will contribute to greater efficiencies in material handling with cost reduction in overall logistics spending.
Economic Times
3 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
3 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
3 days ago
- Business
- Economic Times
SJVN shares in focus after co posts Q4 loss of Rs 127.6 cr vs profit year ago
Shares of SJVN Ltd are likely to be in focus on Friday, May 30, after the state-owned hydropower and renewable energy company reported a net loss in the fourth quarter of FY25, marking a significant turnaround from its performance a year ago. ADVERTISEMENT The company posted a net loss of Rs 127.6 crore in Q4 FY25, in sharp contrast to a profit of Rs 61 crore reported in the same quarter last year. The decline was partly due to the absence of exceptional gains, as SJVN had reported a one-time gain of Rs 104 crore in Q4 FY24, which had boosted its bottom line last year. Despite the loss, SJVN's revenue during the March 2025 quarter showed modest growth. Revenue rose 4.5% year-on-year to Rs 504 crore, up from Rs 483 crore in the corresponding period of the previous fiscal. The company's renewable energy segment, comprising wind and solar projects, contributed Rs 67.5 crore in revenue during the the board of directors of SJVN announced a dividend of Rs 3.1 per share for its shareholders. Other details like the record date and the payout date will be announced in due course. Also read: Samvardhana Motherson proposes 1:2 bonus issue, recommends final dividend of Rs 0.35 per share ADVERTISEMENT Over the last year, the shares of SJVN have declined by 26.85%, while it is down 7.88% year-to-date (YTD). In the past six months, the stock has dropped 11.05%, but it has shown a recovery in the short term, rising 21.34% over the last three months and 5.57% in the past month. On Thursday, SJVN shares fell by 0.25% to close at Rs 101.90 on the BSE. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
3 days ago
- Business
- Mint
Bajaj Auto, Samvardhana Motherson to NBCC: Five companies that declared dividend along with Q4 Results
Dividend Stocks: Bajaj Auto, Samvardhana Motherson, NBCC Mazagon Dock Shipbuilders Ltd, SJVN and Sobha Ltd are the Five companies that declared dividend along with Q4 Results. Check here for Record date, payout details Bajaj Auto Ltd - The Board of Directors of Bajaj Auto has authorized or recommended a dividend at the rate of Rs. 210 per share of face value of Rs. 10 each (2100% considering face value of shares) on equity shares for the fiscal year ending March 31, 2025, in accordance with the Company's Dividend Distribution Policy. If the shareholders approve the dividend at the next Annual General Meeting, it will be credited or distributed on or around August 8, 2025. The equity shareholders whose names are listed in the Company's Register of Members or in the Depositories' records as beneficial owners of the shares as of Friday, June 20, 2025, the Record Date set for the purpose, will receive the dividend, provided it is declared. Samvardhana Motherson International Ltd- Samvardhana Motherson recommended that, a final dividend of INR 0.35/- (Paisa Thirty Five only) per equity share (face value of Re. 1/- each) on the entire equity share capital consisting of 7,03,62,95,067 equity shares, be paid out for the fiscal year 2024–2025m subject to shareholder approval at the subsequent Annual General Meeting ("AGM"), which is set for August 28, 2025. If the shareholders approve a final dividend at the upcoming AGM, it must be paid out within 30 days of the declaration date, which is September 26, 2025, at the latest. The final dividend will be given for the fiscal year 2024–2025 on top of the interim dividend of INR 0.50 (fifty pesos only). Mazagon Dock Shipbuilders Ltd- Mazagon Dock Shipbuilders recommended a final dividend of Rs. 2.71 for each fully paid-up equity share of Rs. 5 for the fiscal year 2024–2025; SJVN Limited- SJVN recommended, a final dividend of ₹ 0.31/-per equity share for the fiscal year 2024–2025, pending shareholder approval at the subsequent Annual General Meeting. The final dividend will be paid within the statutory period and is in addition to the interim dividend of ₹ 1.15/-per equity share announced in February 2025 for the Financial Year 2024–2025. Sobha Ltd- Sobha Recommended a dividend of Rs. 3.00/- (30%) per equity share for the financial year ended March 31, 2025, subject to the approval of the members in the forthcoming Annual General Meeting (AGM). 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.
