Motherson Sumi Wiring India Limited — Investor Meet, 15-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Motherson Sumi Wiring India Ltd delivered record revenues in Q4 and FY25, backed by strong customer wins across 9 of the top 10 Indian four-wheeler brands. About 4% of sales came from high-voltage EV harnesses, supported by new Greenfield plants for EV and ICE models. Two new plants are set to ramp up in H1 FY26, aiming for Rs. 2,100 Cr annualized revenue from all Greenfields by H2. Gross margin swings reflect product mix and copper price lag pass-through. Management highlighted localization, design partnerships, flexible capacity, and Rs. 200 Cr capex in FY26, with steady employee additions and no expected raw material issues. They remain confident in market share growth across all powertrains.