Motherson Sumi Wiring India Limited — Updates, 06-02-2025: Press Release
Revenue for the third quarter increased by 9% year-on-year to ₹2,300 crore, with EBITDA at ₹278 crore, reflecting a margin of 12.1%. Profit After Tax (PAT) rose 22.4% to ₹172 crore. Notably, growth was driven by a favorable product mix, positioning it above the industry's 3% growth.
The company is advancing with three Greenfield projects dedicated to electric and internal combustion engines for major clients Maruti Suzuki, Mahindra, and Tata Motors. These plants are expected to contribute approximately ₹2,100 crore in annual revenues by the second half of FY26. MSWIL remains debt-free, with constructive discussions ongoing regarding recovery of expansion costs. The positive outlook is bolstered by stable copper prices and ongoing improvements in efficiency across existing operations.
Investors should watch closely as the company ramps up production capabilities and navigates operational expansions, potentially enhancing long-term growth.
