Motherson Sumi Wiring India Limited (MSUMI)

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Motherson Sumi Wiring India Limited (MSUMI) · mywealthgrid

About

Motherson Sumi Wiring India Limited manufactures wiring harnesses and auto components for the automotive industry. With ₹26,758.91 Cr market cap and 61.73% promoter holding, it is a substantial player in auto components. Recent growth of 46% in revenue (Sep 2024–Jun 2026) has been accompanied by operating-margin compression from 10.73% to 7.58%.

Face value: ₹1

Market cap

₹22,236 Cr

P/E

35.4×

P/B

10.3×

Dividend yield

1.7%

ROE

32.4%

ROCE

39.3%

Debt / equity

0.11

OPM

9.2%

EPS (TTM)

₹0.9

Book value

₹3.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin contracted 315 bps from 10.73% (Sep 2024) to 7.58% (Jun 2026) despite 46% revenue growth, suggesting cost or pricing pressure
EPS fell 35% from ₹0.34 to ₹0.22 despite strong revenue growth; verify if margin compression is temporary or structural
PE of 42.65 is elevated for auto-components sector; verify if growth trajectory justifies valuation
Auto-sector cyclicality and demand volatility; verify customer order visibility and concentration risk

Generated analysis · source review pending

Growth drivers

Revenue grew 46% from Sep 2024 (₹2,325.64 Cr) to Jun 2026 (₹3,407.26 Cr); verify if driven by volume, pricing, or market-share gains
Operating margin recovery from 7.58% to historical 10%+ levels would drive EPS growth; verify if compression is cyclical or structural
Low D/E of 0.11 provides balance-sheet flexibility; verify capital allocation strategy and capex intensity
Auto sector cyclicality; verify near-term demand trends and customer order books for growth sustainability

Generated analysis · source review pending

1,112 historical price candles were omitted because the exchange source has not been verified.

₹33.5-2.4%1Y

Quick read

rule-based

Pros

+Strong return on equity of 36.9% (3-yr avg)
+High return on capital employed of 44.1%
+Revenue CAGR of 17.6% over the last 3 years
+Comfortable interest coverage of 32.3×
+Dividend payout of 61.3% of profit
+High promoter holding of 61.7% with no pledge

Cons

−Trading at 10.3× book value

Research score

Structured signal from quality, growth, valuation and momentum.

56/100

Business quality: 82
Growth: 55

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Samvardhana Motherson International LimitedMOTHERSONMOTHERSON	₹1,65,731 Cr	₹1,81,626 Cr	₹1,31,135 Cr	₹12,541 Cr	9.4%	₹4,380 Cr	3.2%	12.6%	10.2%	-26
Bosch LimitedBOSCHLTDBOSCHLTD	₹1,34,166 Cr	₹1,34,166 Cr	₹21,088 Cr	₹2,832 Cr	13.2%	₹2,363 Cr	13.8%	21%	19.4%	13
Bharat Forge LimitedBHARATFORGBHARATFORG	₹89,644 Cr	₹96,518 Cr	₹17,543 Cr	₹2,963 Cr	17.4%	₹706 Cr	6.5%	17.9%	11.5%	136
Uno Minda LimitedUNOMINDAUNOMINDA	₹64,160 Cr	₹66,698 Cr	₹20,725 Cr	₹2,280 Cr	11.5%	₹1,202 Cr	6.5%	19.3%	19.1%	37
Schaeffler India LimitedSCHAEFFLERSCHAEFFLER	₹60,732 Cr	₹60,787 Cr	₹10,505 Cr	₹1,917 Cr	18.2%	₹1,253 Cr	11.9%	27.3%	20.2%	68
Sona Blw Precision Forgings LimitedSONACOMSSONACOMS	₹50,071 Cr	₹50,314 Cr	₹4,935 Cr	₹1,207 Cr	24.7%	₹686 Cr	14.1%	14.6%	11%	121
Tube Investments Of India LimitedTIINDIATIINDIA	₹45,302 Cr	₹45,695 Cr	₹23,754 Cr	₹2,260 Cr	9.9%	₹607 Cr	4.9%	15.4%	9.6%	41
Endurance Technologies LimitedENDURANCEENDURANCE	₹36,602 Cr	₹37,928 Cr	₹15,592 Cr	₹2,058 Cr	13.5%	₹970 Cr	6.5%	18.5%	15.2%	-6
Exide Industries LimitedEXIDEINDEXIDEIND	₹34,803 Cr	₹35,896 Cr	₹18,829 Cr	₹1,954 Cr	10.4%	₹932 Cr	4.8%	8.9%	6.1%	42
Dhoot Transmission LimitedDHOOTTRANSDHOOTTRANS	₹29,518 Cr	₹30,359 Cr	₹4,525 Cr	₹711 Cr	15.7%	₹397 Cr	8.8%	30.8%	23.1%	69
Craftsman Automation LimitedCRAFTSMANCRAFTSMAN	₹26,897 Cr	₹30,238 Cr	₹8,717 Cr	₹1,357 Cr	15.3%	₹465 Cr	4.8%	16.1%	12.5%	74
Sansera Engineering LimitedSANSERASANSERA	₹26,686 Cr	₹27,144 Cr	₹3,753 Cr	₹696 Cr	18.1%	₹351 Cr	9.3%	14.7%	11.1%	98

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5,635	7,057	8,328	9,320	11,478
COGS	3,609	4,632	5,454	6,076	7,742
Gross profit	2,026	2,426	2,875	3,244	3,736
	1,295	1,644	1,861	2,247	2,676
	730	781	1,013	997	1,060
OPM %	13%	11.1%	12.2%	10.7%	9.2%
Depreciation	105	124	147	179	216
Interest	29	28	27	25	26
	-35	22	7	12	4
Profit before tax	561	652	846	805	822
Tax	150	165	207	200	197
Tax %	26.8%	25.3%	24.5%	24.8%	23.9%
	411	487	638	606	625
PAT margin %	7.3%	6.9%	7.7%	6.5%	5.5%
EPS (₹)	1.3	1.1	1.4	1.4	0.9
EPS adjusted (₹)	0.6	0.7	1	0.9	0.9
	0%	0%	55.6%	62%	61.7%
Annual report	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	0	316	442	442	442	663
Reserves	—	799	888	1,235	1,256	1,499
	—	19	373	259	269	233
	—	1,428	1,195	1,203	1,761	2,351
Total equity & liabilities	—	2,562	2,898	3,139	3,729	4,746
	156	179	579	600	691	779
CWIP	—	32	27	24	37	2
Investments	—	0	0	0	0	0
	—	2,351	2,291	2,515	3,001	3,965
Total assets	—	2,562	2,898	3,139	3,729	4,746

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	501	224	791	365	761
	-0	-101	-194	-208	-60	-200
	0	-144	-287	-452	-457	-509
Net cash flow	0	256	-257	131	-153	52
Free cash flow	—	399	25	680	193	560
CFO / Operating profit %	—	68.6%	28.6%	78.1%	36.6%	71.8%

Compounded sales growth

7 years: —
5 years: —
3 years: 18%
1 year: 23%

Compounded profit growth

7 years: —
5 years: —
3 years: 9%
1 year: 3%

Return on equity

7 years: —
5 years: 35%
3 years: 34%
Last year: 29%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	35.9%	34.4%	34.5%	34.8%	32.5%
EBITDA margin %	13%	11.1%	12.2%	10.7%	9.2%
EBIT margin %	11.1%	9.3%	10.4%	8.8%	7.4%
PAT margin %	7.3%	6.9%	7.7%	6.5%	5.5%
Working capital
Receivable days	43	41	39	49	60
Inventory days	97	95	76	77	82
Payable days	92	73	62	71	93
NWC days	47	64	54	55	48
Leverage
Current ratio	1.65	1.66	1.94	1.58	1.62
Debt to EBITDA	0.03	0.48	0.26	0.27	0.22
Debt to equity	0.02	0.28	0.15	0.16	0.11
Interest coverage	23	24.4	32	33.5	32.3
Asset turnover	2.2	2.44	2.65	2.5	2.42
Return ratios
Return on assets %	16%	16.8%	20.3%	16.2%	13.2%
Return on capital employed %	47.9%	45.7%	49.6%	43.3%	39.3%
Return on equity %	36.8%	36.6%	38.1%	35.7%	28.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	61.74%	61.73%	61.73%	61.73%	61.73%	61.73%	61.73%	61.73%	61.73%	61.73%	61.73%	61.73%
	11.08%	11.01%	10.95%	10.78%	10.53%	9.86%	10.15%	10.37%	10.27%	10.14%	9.74%	8.91%
	17.76%	17.33%	16.21%	16.23%	16.34%	16.74%	16.21%	16.24%	16.58%	17.17%	17.42%	17.85%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0.02%	0.02%	0.02%	0.02%
	9.42%	9.93%	11.11%	11.26%	11.4%	11.67%	11.91%	11.66%	11.4%	10.94%	11.09%	11.49%
No. of shareholders	—	—	—	—	—	—	—	—	9,15,956	8,77,308	8,57,987	8,74,956

Promoter holding down 0.01 percentage points since Sep 2023.

39 deals · 16 Sept 2022 – 25 Jan 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
25 Jan 2024	SOCIETE GENERALE	Block	BSE	Buy	30,94,690	₹61.70	₹19.09 Cr
25 Jan 2024	BNP PARIBAS ARBITRAGE	Block	BSE	Sell	30,94,690	₹61.70	₹19.09 Cr
20 Oct 2023	GRANDEUR PEAK GLOBAL TRUST GRANDEUR PEAK INTERNATIONAL STALWARTS FUND	Block	BSE	Buy	1,21,11,741	₹63.83	₹77.31 Cr
20 Oct 2023	GRANDEUR PEAK INTERNATIONAL STALWARTS FUND	Block	BSE	Sell	1,21,11,741	₹63.83	₹77.31 Cr
20 Oct 2023	GRANDEUR PEAK EMERGING MARKETS OPPORTUNITIES FUND	Block	BSE	Sell	52,53,786	₹63.83	₹33.53 Cr
20 Oct 2023	GRANDEUR PEAK GLOBL TRUST GP EMERGING MARKETS OPPORTUNITIES FUND	Block	BSE	Buy	52,53,786	₹63.83	₹33.53 Cr
20 Oct 2023	GRANDEUR PEAK GLOBAL TRUST GRANDEUR PEAK INTERNATIONAL OPPORTUNITIES FUND	Block	BSE	Buy	27,15,755	₹63.83	₹17.33 Cr
20 Oct 2023	GRANDEUR PEAK INTERNATIONAL OPPORTUNITIES FUND	Block	BSE	Sell	27,15,755	₹63.83	₹17.33 Cr
20 Oct 2023	GRANDEUR PEAK GLOBAL TRUST GRANDEUR PEAK GLOBAL REACH FUND	Block	BSE	Buy	6,12,241	₹63.83	₹3.91 Cr
20 Oct 2023	GRANDEUR PEAK GLOBAL REACH FUND	Block	BSE	Sell	6,12,241	₹63.83	₹3.91 Cr

1–10 of 39

1 / 4

Mr. VIVEK CHAAND SEHGALNon-Executive - Non Independent Director-Chairperson
Mr. LAKSH VAAMAN SEHGALNon-Executive - Non Independent Director
Ms. ANISHA MOTWANINon-Executive - Independent Director
Ms. SUPARNA PANDHINon-Executive - Independent Director
Mr. ANUPAM MOHINDROONon-Executive - Independent Director
Mr. RAJESH KUMAR SETHNon-Executive - Independent Director
Mr. VIRENDRA CHAND KATOCHNon-Executive - Independent Director
Mr. SOICHIRO NAMBANon-Executive - Non Independent Director
Mr. RYUJI SAKAINon-Executive - Non Independent Director
Mr. ANURAG GAHLOTExecutive Director
Mr. GulshanChief Financial Officer

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F&O

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 13 fund houses

Held by these funds

8.8%

of the company's equity

All mutual funds

15.23%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

59 schemes · 13 fund houses

		Shares
Midcap Fund	SBI Mutual Fund	12 Cr	441.48	1.8%	1.809%	+1.56 Cr
Large & Mid Cap Fund	ICICI Prudential Mutual Fund	11.62 Cr	427.49	1.27%	1.752%	-0
Large Cap Fund	SBI Mutual Fund	6.61 Cr	243.17	0.44%	0.997%	-0
Focused FundNEW	360 ONE Mutual Fund	5.37 Cr	197.59	2.91%	0.81%	—
Franklin India Small Cap Fund (Formerly known as Franklin India Smaller Companies Fund) ^	Franklin Templeton Mutual Fund	3.8 Cr	139.73	0.95%	0.573%	-0
Large and Midcap Fund	SBI Mutual Fund	2.87 Cr	105.47	0.25%	0.432%	-0
Franklin India Mid Cap Fund (Formerly known as Franklin India Prima Fund) ^	Franklin Templeton Mutual Fund	2.62 Cr	96.41	0.74%	0.395%	-0
Flexi Cap FundNEW	ICICI Prudential Mutual Fund	1.98 Cr	72.76	0.28%	0.298%	—

1–8 of 59

1 / 8

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

6 announcementsExport CSV

28 Sept 2026, 6:28 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	35.9%	34.4%	34.5%	34.8%	32.5%
EBITDA margin %	13%	11.1%	12.2%	10.7%	9.2%
EBIT margin %	11.1%	9.3%	10.4%	8.8%	7.4%
PAT margin %	7.3%	6.9%	7.7%	6.5%	5.5%
Working capital
Receivable days	43	41	39	49	60
Inventory days	97	95	76	77	82
Payable days	92	73	62	71	93
NWC days	47	64	54	55	48
Leverage
Current ratio	1.65	1.66	1.94	1.58	1.62
Debt to EBITDA	0.03	0.48	0.26	0.27	0.22
Debt to equity	0.02	0.28	0.15	0.16	0.11
Interest coverage	23	24.4	32	33.5	32.3
Asset turnover	2.2	2.44	2.65	2.5	2.42
Return ratios
Return on assets %	16%	16.8%	20.3%	16.2%	13.2%
Return on capital employed %	47.9%	45.7%	49.6%	43.3%	39.3%
Return on equity %	36.8%	36.6%	38.1%	35.7%	28.9%

Date	Category	Subject	Filing
28 Sept 2026, 6:28 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
16 Sept 2026, 5:51 pm	Company Update General	ESG Rating Update	PDF
11 Sept 2026, 5:24 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
11 Sept 2026, 5:23 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
7 Sept 2026, 4:33 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
3 Sept 2026, 5:37 pm	Company Update General	Disclosure On ESG Rating	PDF

Motherson Sumi Wiring India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

4

1

2

Compounded sales growth

Compounded profit growth

Return on equity

Motherson Sumi Wiring India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Dividends4

Board meetings1

Bonus issues2

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

4

1

2