Samvardhana Motherson International Ltd

Samvardhana Motherson International Ltd

₹ 96.5 -0.28%
02 Sep - close price
About

Motherson Sumi Systems is engaged primarily in the manufacturer and sale of components to automotive original equipment manufacturers.[1]

Key Points

India’s largest Ancilliary company[1] The MSSL group is amongst the world's largest manufacturers of exterior rear-view mirrors with a dominant market share, and is a leading global player in polymer-based interior and exterior modules. Moreover, the group is also the largest manufacturer of wiring harnesses for passenger vehicles in India.

  • Market Cap 1,01,819 Cr.
  • Current Price 96.5
  • High / Low 145 / 71.5
  • Stock P/E 57.7
  • Book Value 35.5
  • Dividend Yield 0.59 %
  • ROCE 5.16 %
  • ROE 4.33 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 50.5%

Cons

  • Stock is trading at 2.72 times its book value
  • Promoter holding has decreased over last quarter: -9.53%
  • Tax rate seems low
  • Company has a low return on equity of 3.29% over last 3 years.
  • Earnings include an other income of Rs.1,447 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
1,636 1,832 1,954 2,214 2,107 2,312 2,203 2,366 2,483 2,574 2,409 2,721 2,742
1,474 1,604 1,723 1,981 1,831 2,021 1,945 2,111 2,125 2,270 2,209 2,376 2,406
Operating Profit 162 228 231 233 276 292 258 255 358 304 199 346 337
OPM % 10% 12% 12% 10% 13% 13% 12% 11% 14% 12% 8% 13% 12%
69 124 228 27 80 152 53 326 22 533 160 559 195
Interest 30 22 31 68 52 64 76 64 70 84 91 103 29
Depreciation 56 56 64 66 75 76 81 81 86 89 90 92 97
Profit before tax 145 273 364 126 228 303 155 436 224 665 179 710 405
Tax % 17% 22% 8% 16% 21% 18% 22% 10% 25% 3% 32% 9% 12%
120 214 334 106 180 249 120 394 168 642 122 645 355
EPS in Rs 0.12 0.21 0.33 0.10 0.18 0.25 0.12 0.39 0.17 0.61 0.12 0.61 0.34
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
4,512 4,973 5,293 6,287 7,466 7,581 3,980 3,669 5,416 7,972 9,046 10,187 10,446
3,667 4,098 4,262 5,072 6,134 6,308 3,426 3,228 4,743 7,050 7,908 8,980 9,260
Operating Profit 845 875 1,031 1,215 1,332 1,273 555 441 673 922 1,138 1,207 1,186
OPM % 19% 18% 19% 19% 18% 17% 14% 12% 12% 12% 13% 12% 11%
108 86 171 168 140 186 733 417 956 390 553 1,274 1,447
Interest 42 30 47 12 43 18 25 90 141 158 256 347 307
Depreciation 153 207 201 198 218 219 231 198 204 258 313 356 367
Profit before tax 758 724 953 1,173 1,211 1,222 1,031 570 1,284 896 1,122 1,777 1,959
Tax % 29% 29% 25% 29% 27% 33% 13% 9% 9% 12% 16% 11%
535 515 719 827 879 814 899 521 1,164 786 944 1,577 1,764
EPS in Rs 0.80 0.77 1.07 1.16 1.24 1.15 1.26 0.73 1.14 0.77 0.93 1.49 1.68
Dividend Payout % 41% 51% 46% 34% 54% 58% 53% 91% 25% 56% 57% 38%
Compounded Sales Growth
10 Years: 7%
5 Years: 21%
3 Years: 23%
TTM: 12%
Compounded Profit Growth
10 Years: 11%
5 Years: 11%
3 Years: 8%
TTM: 89%
Stock Price CAGR
10 Years: 7%
5 Years: 19%
3 Years: 20%
1 Year: -25%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 3%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 88 88 132 140 210 316 316 316 452 678 678 704
Reserves 1,817 2,014 2,322 5,662 5,970 6,122 5,929 6,427 30,479 30,760 31,251 36,785
758 534 485 1,294 1,155 1,136 1,512 4,852 5,416 5,842 4,610 5,046
1,001 1,103 955 1,182 1,475 1,469 1,446 1,948 1,407 1,660 1,865 2,283
Total Liabilities 3,664 3,739 3,894 8,278 8,810 9,043 9,203 13,543 37,755 38,938 38,404 44,817
1,434 1,462 1,409 1,442 1,547 1,796 1,928 1,759 1,768 2,369 2,695 3,003
CWIP 52 40 65 53 92 91 90 28 54 66 253 129
Investments 582 732 769 4,498 4,654 4,603 4,682 5,586 30,387 30,747 31,319 35,969
1,596 1,505 1,650 2,285 2,517 2,553 2,502 6,169 5,546 5,756 4,137 5,715
Total Assets 3,664 3,739 3,894 8,278 8,810 9,043 9,203 13,543 37,755 38,938 38,404 44,817

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
669 821 678 713 839 942 1,036 340 368 343 1,111 638
-305 -158 -19 -3,869 -259 -271 -47 -3,696 909 -451 873 -5,067
-412 -535 -790 3,327 -664 -640 -893 3,413 -939 -304 -2,051 4,410
Net Cash Flow -48 128 -131 171 -84 32 97 57 338 -411 -67 -19

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 47 34 41 47 45 39 80 52 76 70 63 63
Inventory Days 82 79 82 75 82 91 155 93 74 69 65 51
Days Payable 63 56 73 82 79 78 142 104 84 69 67 61
Cash Conversion Cycle 65 57 50 39 48 53 93 40 65 70 60 53
Working Capital Days 3 -3 25 42 38 42 46 14 27 41 38 -12
ROCE % 31% 28% 34% 22% 17% 17% 14% 7% 5% 3% 4% 5%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Jul 2025
68.16% 64.77% 64.77% 64.77% 64.79% 60.36% 60.35% 58.12% 58.12% 58.13% 48.60% 48.60%
8.24% 10.87% 10.83% 11.41% 10.78% 12.44% 12.88% 13.47% 14.31% 12.42% 12.63% 12.67%
11.95% 14.74% 15.12% 14.92% 15.27% 18.15% 18.04% 19.82% 19.20% 20.96% 20.69% 20.62%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.05% 0.05% 0.05% 0.05% 0.05%
11.57% 9.55% 9.21% 8.84% 9.10% 8.98% 8.68% 8.55% 8.31% 8.44% 18.05% 18.06%
No. of Shareholders 10,60,33210,27,0239,93,8079,93,29110,34,24610,39,40710,83,23612,18,77612,64,32813,06,21913,03,28713,11,534

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls