Samvardhana Motherson International Ltd
Motherson Sumi Systems is engaged primarily in the manufacturer and sale of components to automotive original equipment manufacturers.[1]
- Market Cap ₹ 1,23,540 Cr.
- Current Price ₹ 117
- High / Low ₹ 120 / 71.5
- Stock P/E 66.6
- Book Value ₹ 36.2
- Dividend Yield 0.50 %
- 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 3.17 times its book value
- 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.1,505 Cr.
- Promoter holding has decreased over last 3 years: -19.6%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | 10,827 | |
| 3,667 | 4,098 | 4,262 | 5,072 | 6,134 | 6,308 | 3,426 | 3,228 | 4,743 | 7,050 | 7,908 | 8,980 | 9,554 | |
| Operating Profit | 845 | 875 | 1,031 | 1,215 | 1,332 | 1,273 | 555 | 441 | 673 | 922 | 1,138 | 1,207 | 1,272 |
| OPM % | 19% | 18% | 19% | 19% | 18% | 17% | 14% | 12% | 12% | 12% | 13% | 12% | 12% |
| 108 | 86 | 171 | 168 | 140 | 186 | 733 | 417 | 956 | 390 | 553 | 1,274 | 1,505 | |
| Interest | 42 | 30 | 47 | 12 | 43 | 18 | 25 | 90 | 141 | 158 | 256 | 347 | 345 |
| Depreciation | 153 | 207 | 201 | 198 | 218 | 219 | 231 | 198 | 204 | 258 | 313 | 356 | 379 |
| Profit before tax | 758 | 724 | 953 | 1,173 | 1,211 | 1,222 | 1,031 | 570 | 1,284 | 896 | 1,122 | 1,777 | 2,053 |
| 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 | 1,854 | |
| 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 | 1.76 |
| 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: | 40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 33% |
| 1 Year: | 4% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 88 | 88 | 132 | 140 | 210 | 316 | 316 | 316 | 452 | 678 | 678 | 704 | 1,055 |
| 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 | 37,188 |
| 758 | 534 | 485 | 1,294 | 1,155 | 1,136 | 1,512 | 4,852 | 5,416 | 5,842 | 4,610 | 5,046 | 6,919 | |
| 1,001 | 1,103 | 955 | 1,182 | 1,475 | 1,469 | 1,446 | 1,948 | 1,407 | 1,660 | 1,865 | 2,283 | 3,026 | |
| 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 | 48,188 |
| 1,434 | 1,462 | 1,409 | 1,442 | 1,547 | 1,796 | 1,928 | 1,759 | 1,768 | 2,369 | 2,695 | 3,003 | 3,030 | |
| CWIP | 52 | 40 | 65 | 53 | 92 | 91 | 90 | 28 | 54 | 66 | 253 | 129 | 79 |
| Investments | 582 | 732 | 769 | 4,498 | 4,654 | 4,603 | 4,682 | 5,586 | 30,387 | 30,747 | 31,319 | 35,969 | 36,702 |
| 1,596 | 1,505 | 1,650 | 2,285 | 2,517 | 2,553 | 2,502 | 6,169 | 5,546 | 5,756 | 4,137 | 5,715 | 8,378 | |
| 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 | 48,188 |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Dec - Samvardhana Motherson International Limited has informed regarding schedule of investor meet to be held on December 16, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Dec - Samvardhana Motherson International Limited has informed regarding schedule of investor meet to be held on December 15, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Dec - Management to attend investor meetings Dec 10 and Dec 15 in Mumbai; virtual ESG meeting Dec 16 (0800–1000 UKT).
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 Dec - Motherson (SAMRX) and APSEZ to develop RoRo terminal at Dighi Port, phased investment, ~200,000 annual car capacity.
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Announcement under Regulation 30 (LODR)-Acquisition
4 Dec - Acquire remaining 10% of Motherson Lumen SA for ZAR10m (~INR51.9m); closing by Q3 FY2025-26.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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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.