Samvardhana Motherson International Ltd

Samvardhana Motherson International Ltd

₹ 96.4 3.90%
01 Sep 3:29 p.m.
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 1,01,755 Cr.
  • Current Price 96.4
  • High / Low 145 / 71.5
  • Stock P/E 30.1
  • Book Value 33.0
  • Dividend Yield 0.60 %
  • ROCE 13.7 %
  • ROE 12.2 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 26.0% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 21.7%

Cons

  • Stock is trading at 2.88 times its book value
  • Promoter holding has decreased over last quarter: -9.53%
  • Company has a low return on equity of 10.6% over last 3 years.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
17,615 18,302 20,267 22,517 22,462 23,474 25,644 27,058 28,868 27,812 27,666 29,317 30,212
16,538 16,864 18,665 20,481 20,538 21,585 23,273 24,124 26,093 25,364 24,980 26,674 27,754
Operating Profit 1,077 1,438 1,602 2,036 1,925 1,889 2,370 2,935 2,775 2,448 2,686 2,643 2,458
OPM % 6% 8% 8% 9% 9% 8% 9% 11% 10% 9% 10% 9% 8%
99 -46 80 35 76 -10 117 161 179 443 214 248 68
Interest 169 184 149 278 253 488 620 450 444 546 466 426 425
Depreciation 732 749 815 840 839 867 1,016 1,088 1,065 1,103 1,112 1,214 1,230
Profit before tax 274 460 718 953 909 523 851 1,557 1,445 1,242 1,322 1,252 872
Tax % 34% 37% 30% 27% 29% 44% 26% 7% 24% 24% 26% 11% 30%
182 288 501 699 648 294 633 1,444 1,097 949 984 1,115 606
EPS in Rs 0.14 0.24 0.45 0.64 0.59 0.20 0.53 1.35 0.98 0.83 0.83 1.00 0.48
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
30,414 34,661 37,216 42,376 56,303 63,523 60,729 57,370 63,774 78,788 98,692 113,663 115,007
28,017 31,817 33,668 38,204 51,174 58,174 56,075 53,000 59,060 72,537 89,370 103,111 104,772
Operating Profit 2,397 2,844 3,548 4,171 5,128 5,348 4,654 4,370 4,714 6,251 9,322 10,552 10,235
OPM % 8% 8% 10% 10% 9% 8% 8% 8% 7% 8% 9% 9% 9%
311 212 177 346 125 333 642 568 575 70 140 1,085 975
Interest 294 318 345 375 411 423 593 512 543 781 1,811 1,882 1,863
Depreciation 817 921 1,087 1,059 1,575 2,058 2,721 2,926 2,958 3,136 3,810 4,493 4,659
Profit before tax 1,596 1,817 2,293 3,083 3,267 3,200 1,983 1,500 1,788 2,405 3,840 5,261 4,688
Tax % 31% 29% 23% 30% 31% 34% 35% -5% 34% 31% 21% 21%
1,097 1,292 1,774 2,172 2,260 2,098 1,294 1,569 1,182 1,670 3,020 4,146 3,655
EPS in Rs 1.14 1.29 1.93 2.19 2.25 2.27 1.65 1.46 0.86 1.47 2.67 3.60 3.14
Dividend Payout % 29% 31% 26% 18% 30% 29% 40% 46% 34% 29% 20% 16%
Compounded Sales Growth
10 Years: 13%
5 Years: 13%
3 Years: 21%
TTM: 9%
Compounded Profit Growth
10 Years: 15%
5 Years: 26%
3 Years: 60%
TTM: 6%
Stock Price CAGR
10 Years: 7%
5 Years: 17%
3 Years: 18%
1 Year: -29%
Return on Equity
10 Years: 12%
5 Years: 10%
3 Years: 11%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 2,871 3,236 4,265 8,132 9,674 10,647 10,945 12,245 20,136 21,774 25,477 34,177
4,840 5,131 6,069 10,349 10,374 11,534 13,136 11,930 14,130 13,792 19,922 17,222
7,445 8,971 9,199 13,322 16,716 20,257 20,636 23,258 21,008 25,086 38,101 39,768
Total Liabilities 15,244 17,425 19,665 31,944 36,974 42,754 45,033 47,749 55,726 61,330 84,178 91,870
5,919 6,129 7,147 12,193 14,712 18,423 20,750 20,099 21,411 23,147 30,122 33,181
CWIP 647 956 1,397 1,935 2,585 1,067 852 877 1,310 1,478 2,498 2,646
Investments 75 65 590 474 792 855 796 846 6,462 6,290 6,521 6,600
8,603 10,276 10,531 17,343 18,885 22,409 22,635 25,926 26,543 30,415 45,037 49,444
Total Assets 15,244 17,425 19,665 31,944 36,974 42,754 45,033 47,749 55,726 61,330 84,178 91,870

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,695 3,390 2,188 3,800 3,264 4,312 6,352 5,051 2,463 4,643 7,569 6,286
-1,372 -2,844 -1,906 -6,145 -3,194 -3,318 -2,220 -1,886 -2,304 -2,248 -6,644 -4,836
-1,080 494 -263 5,518 -2,221 -225 -2,803 -2,098 -1,217 -2,734 1,281 -2,551
Net Cash Flow 243 1,040 19 3,172 -2,152 769 1,329 1,068 -1,059 -339 2,205 -1,101

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 39 32 46 40 36 35 31 36 38 39 58 56
Inventory Days 62 63 37 44 43 46 54 56 64 63 61 64
Days Payable 77 82 84 103 96 106 108 125 113 114 152 142
Cash Conversion Cycle 24 13 -1 -20 -17 -24 -23 -33 -11 -11 -33 -21
Working Capital Days -11 -10 -6 -2 -7 -14 -30 -32 -27 -25 -32 -16
ROCE % 23% 25% 24% 21% 18% 15% 10% 7% 6% 9% 14% 14%

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.

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