Motherson Sumi (MSSL) (now Samvardhana Motherson International Ltd i.e. SAMIL) primarily serves the global PV industry with wiring harnesses, vision systems (mirrors) & plastic body parts as key product lines.
The company posted a steady performance in Q4FY22.
1. Financial Performance:
- The company recorded revenue of Rs 23,474 crore, representing a growth of 28% compared to Q2FY23.
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at Rs 2,001 crore.
- The company reported a Profit After Tax (PAT) of Rs 451 crore, excluding one-time provisions for footprint rationalization in the uncertain business environment.
- Leverage is under control - The net debt to EBITDA ratio is at 1.9x, well below the stated financial policy of 2.5x. This is despite paying approximately Rs 3,800 crore for the foreclosed acquisitions.
2. Booked Business and Acquisitions:
- SAMIL's automotive booked business grew to USD 77 billion, with a share of 22% coming from Electric vehicles.
- The company closed four acquisitions during the quarter, including SAS, Saddles, Rollon, and Ichikoh.
Commenting on the results, Vivek Chaand Sehgal, Chairman, Motherson, said, "This performance is a testament to our team's dedication and hard work on the back of customer support in navigating uncertain business environments. We are cautious yet confident in our ability to adapt and navigate through these challenges. The integration of acquired entities is at its initial phase and moving in the right direction towards unlocking its full value in the coming times. The booked business of over USD 77 billion reflects the strong relationship and mutual trust we share with our customers."
Equity Capital: 22,451.50 Cr FV: 1.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 15,807.61 | 22,242.37 |
| LAST 3M | 53,561.78 | 1,857.71 |
| LAST 6M | 93,771.92 | 77,726.86 |
| LAST 12M | 161,092.98 | 118,023.38 |
| Date | Action Type | Ratio |
|---|---|---|
| Aug 11, 2023 | Dividend | 65 |
| Oct 03, 2022 | Bonus | 1:2 |
| Aug 12, 2022 | Dividend | 65 |
Motherson Sumi Systems Limited is a leading name in the Indian automobile spare part manufacturing industry. It is a joint venture between Sumitomo Wiring Systems Ltd. of Japan and Samvardhana Motherson International Ltd. of India. It was established in 1986, with its registered office in Mumbai, Maharashtra. Motherson Sumi’s market capitalisation was Rs. 55,137 crore on 7 June 2022. Its shares are listed on the National Stock Exchange (symbol: MOTHERSUMI) and on the Bombay Stock Exchange (code: 517334).
Motherson Sumi offers precision metals and modules, wiring harnesses, technology and industrial solutions, logistics solutions, and more. It also manufactures driving assistance systems and rearview mirrors through its subsidiary company, Visiocorp. Apart from that, its other subsidiary is involved in manufacturing system modules and plastic parts for automobiles’ exterior and interior.
Motherson Sumi’s income statement showed a total revenue of Rs. 64,411.88 crore in the FY 2021-2022. The net income during this period was Rs. 873.85 crore.
The prominent names in the Motherson Sumi Systems’ management are Vivek Chaand Sehgal, Shunichiro Nishimura, Rekha Sethi, and others. The company’s auditors are S R Batliboi & Co. LLP.
Motherson Sumi's balance sheet shows total liabilities of Rs. 31,164.80 crore, with non-current liabilities of Rs. 10,035.20 crore and current liabilities of Rs. 21,129.60 crore for the FY 2020-2021. The total assets for the same period were Rs. 47,748.70 crore. The company posted a free cash flow of Rs. 3,081.30 crore in the FY 2020-2021.
On 7 June 2022, Motherson Sumi’s share price on NSE closed at Rs. 122.05. Motherson Sumi's share price on BSE closed at the same price, Rs. 122.05. The Motherson Sumi share on the chart has been fluctuating consistently for the past year 2021-2022. It reported a high and low of Rs. 226.54 and Rs. 112.50, respectively. However, based on its 2.42x volatility to the Nifty, including it in your portfolio carries a moderate risk.
The Mothersumi share price in the stock market is competing with Minda Industries Ltd., Endurance Technologies Ltd., Schaeffler India Ltd., Sona BLW Precision Forgings Ltd., and Bosch Ltd.
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Unit 705C Wing ONE BKC G Block, BandraKurla Complex Bandra (E), Mumbai, Maharashtra, 400051
| Tel | : | 91-22-61354800 |
| : | investorrelations:motherson.com | |
| Website | : | http://www.motherson.com |
Karvy Computershare Pvt Ltd
| AGM Date (Month) | : | Aug |
| Face Value Equity Shares | : | 1 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 517334 |
| NSE Code | : | MOTHERSON |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE775A01035 |
FAQ’s on Samvardhana Motherson International Ltd SharesYou can buy Samvardhana Motherson International Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Samvardhana Motherson International Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 04, 2023 11:54 AM the closing price of Samvardhana Motherson International Ltd was ₹ 93.45.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 04, 2023 11:54 AM, the market cap of Samvardhana Motherson International Ltd stood at ₹ 63,325.65.
The latest PE ratio of Samvardhana Motherson International Ltd as of Dec 04, 2023 11:54 AM is 41.56
The latest PB ratio of Samvardhana Motherson International Ltd as of Dec 04, 2023 11:54 AM is 0.36
The 52-week high of Samvardhana Motherson International Ltd is ₹ 103.40 while the 52-week low is ₹ 61.80
According to analyst recommendations, Samvardhana Motherson International Ltd has a “Buy” rating for the long term.
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