Motherson Sumi Wiring India Limited — Investor Meet, 04-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Motherson Sumi Wiring India (MSWIL) reported strong Q1 FY26 results: revenue of Rs. 2,494 crores and EBITDA of Rs. 244 crores, up 15% YoY. New Greenfields contributed Rs. 156 crores. The company outpaced the industry due to favorable volume mix. Increased staff costs for new plants' training will normalize as production ramps up. Copper price impacts are short-term and pass-through. Three Greenfields are operational, though some ramp-ups face customer-side delays, with optimal utilization expected in 2-3 quarters. MSWIL projects FY26 CAPEX at Rs. 200 crores, demonstrating market outperformance despite current delays.