Motherson Sumi Wiring India Ltd

Motherson Wiring Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Motherson Sumi Wiring India Ltd

₹ 62.0 -0.67%
11 Jun 1:48 p.m.
mswil.motherson.com BSE: 543498 NSE: MSUMI
About

Motherson Sumi Wiring India, a JV between Sumitomo Wiring System and Motherson Group, is a market leader in the Indian wiring harness industry with a market share of over 40%.[1]

Key Points

Business Profile[1]
Motherson Sumi Wiring India Limited (MSWIL) was established in FY22 as a result of the reorganization of Samvardhana Motherson International Limited wherein the automotive wiring harness business for Indian OEMs was demerged from the parent company and established under MSWIL.
MSWIL is a JV with Sumitomo Wiring Systems, Ltd., a global leader in the manufacture of wiring harnesses, harness components, and other electric wires.

Website BSE NSE
  • Market Cap ₹ 27,411 Cr.
  • Current Price ₹ 62.0
  • High / Low ₹ 80.0 / 46.1
  • Stock P/E 45.2
  • Book Value ₹ 3.84
  • Dividend Yield 1.35 %
  • ROCE 42.5 %
  • ROE 35.9 %
  • Face Value ₹ 1.00
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Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.2%
  • Company has been maintaining a healthy dividend payout of 46.6%

Cons

  • Stock is trading at 16.1 times its book value

* 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.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,662 1,671 1,835 1,687 1,872 1,859 2,109 2,115 2,233 2,185 2,326 2,300 2,510
1,443 1,468 1,654 1,508 1,655 1,665 1,856 1,853 1,941 1,946 2,076 2,063 2,238
Operating Profit 219 203 181 179 217 194 253 262 291 239 250 238 271
OPM % 13% 12% 10% 11% 12% 10% 12% 12% 13% 11% 11% 10% 11%
-56 8 11 1 5 14 1 1 4 5 5 1 2
Interest 19 7 6 7 9 8 7 6 6 5 7 7 6
Depreciation 67 28 30 32 35 34 36 38 39 40 44 47 48
Profit before tax 76 176 156 141 179 166 210 219 250 198 203 185 220
Tax % 39% 28% 25% 25% 22% 26% 26% 23% 24% 25% 25% 24% 25%
46 126 116 106 138 123 156 168 191 149 152 140 165
EPS in Rs 0.10 0.28 0.26 0.24 0.31 0.28 0.35 0.38 0.43 0.34 0.34 0.32 0.37
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3,938 5,635 7,068 8,328 9,320
3,385 4,905 6,276 7,315 8,323
Operating Profit 553 730 792 1,013 997
OPM % 14% 13% 11% 12% 11%
24 -35 12 7 12
Interest 7 28 28 27 25
Depreciation 37 106 124 147 179
Profit before tax 532 561 652 846 805
Tax % 26% 27% 25% 25% 25%
396 411 487 638 606
EPS in Rs 0.93 1.10 1.44 1.37
Dividend Payout % 0% 65% 59% 55% 26%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 10%
TTM: -5%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 11%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: %
3 Years: 39%
Last Year: 36%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.10 316 442 442 442
Reserves -0 799 888 1,235 1,256
96 283 373 259 269
1,693 1,164 1,195 1,203 1,761
Total Liabilities 1,789 2,562 2,898 3,139 3,729
170 432 579 600 691
CWIP 0 32 27 24 37
Investments 0 0 0 0 0
1,620 2,097 2,292 2,516 3,001
Total Assets 1,789 2,562 2,898 3,139 3,729

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
11 501 224 791 365
-28 -101 -194 -208 -60
25 -144 -287 -452 -457
Net Cash Flow 8 256 -257 131 -153

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 63 43 41 39 49
Inventory Days 116 97 95 76 77
Days Payable 109 92 73 62 71
Cash Conversion Cycle 69 47 64 54 55
Working Capital Days 55 36 49 42 36
ROCE % 88% 44% 48% 43%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
61.73% 61.73% 61.73% 61.73% 61.74% 61.75% 61.73% 61.73% 61.73% 61.73% 61.73% 61.72%
8.60% 10.47% 11.03% 9.92% 10.93% 11.08% 11.01% 10.96% 10.78% 10.52% 9.86% 10.16%
20.81% 19.13% 18.26% 18.94% 17.77% 17.56% 17.12% 16.22% 16.23% 16.34% 16.74% 16.21%
0.00% 0.09% 0.09% 0.09% 0.21% 0.21% 0.21% 0.00% 0.00% 0.00% 0.00% 0.00%
8.86% 8.57% 8.89% 9.32% 9.33% 9.41% 9.93% 11.11% 11.26% 11.41% 11.67% 11.92%
No. of Shareholders 6,43,8616,48,3486,78,2826,85,4016,94,2197,21,7607,75,5668,88,9418,89,9439,20,3439,39,8829,54,433

* 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.

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