Motherson Sumi Wiring India Ltd
MSUMIMotherson Sumi Wiring India Ltd
MSUMIPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
39.50 | 15.55 | 1.36% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
48.96 | 6.90 | 0.56% |
Forecast & Ratings
Detailed Forecast from 11 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Motherson Sumi Wiring India is a joint venture with Sumitomo Wiring Systems, Ltd., a global leader in the manufacture of wiring harnesses, harness components, and other electric wires.
Peers
Compare with peersKEI Industries Ltd
Finolex Cables Ltd
R R Kabel Ltd
DCX Systems Ltd
Universal Cables Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹ Thousand
All values in ₹ Thousand
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||
---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,961.30 | 5,665.00 | 7,079.70 | 8,335.10 | 8,872.81 | |||||
Raw Materials | 2,535.60 | 3,708.20 | 4,700.60 | 5,459.60 | 7,816.02 | |||||
Power & Fuel Cost | 15.80 | 22.80 | 28.80 | 31.60 | ||||||
Employee Cost | 653.50 | 946.40 | 1,183.10 | 1,355.10 | ||||||
Selling & Administrative Expenses | 108.20 | 177.70 | 211.20 | 234.60 | ||||||
Operating & Other expenses | 71.50 | 115.00 | 152.30 | 234.10 | ||||||
EBITDA | 576.70 | 694.90 | 803.70 | 1,020.10 | 1,056.79 | |||||
Depreciation/Amortization | 37.40 | 105.50 | 123.70 | 147.30 | 161.39 | |||||
PBIT | 539.30 | 589.40 | 680.00 | 872.80 | 895.40 | |||||
Interest & Other Items | 7.30 | 28.50 | 27.80 | 27.30 | 24.87 | |||||
PBT | 532.00 | 560.90 | 652.20 | 845.50 | 870.53 | |||||
Taxes & Other Items | 135.80 | 150.20 | 165.20 | 207.20 | 210.28 | |||||
Net Income | 396.20 | 410.70 | 487.00 | 638.30 | 660.25 | |||||
EPS | 4,043.23 | 1.86 | 1.10 | 1.44 | 1.49 | |||||
DPS | 0.00 | 0.61 | 0.65 | 0.80 | 0.80 | |||||
Payout ratio | 0.00 | 0.33 | 0.59 | 0.55 | 0.54 |
Company Updates
Peers & Comparison
IndustrialsCables
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Motherson Sumi Wiring India Ltd | 40.86 | 15.55 | 1.36% |
KEI Industries Ltd | 69.04 | 12.73 | 0.08% |
Finolex Cables Ltd | 27.04 | 3.56 | 0.69% |
R R Kabel Ltd | 52.25 | 8.52 | 0.43% |
Price Comparison
Compare MSUMI with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Motherson Sumi Wiring India Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6880% | Percentage of the fund’s portfolio invested in the stock 1.14% | Change in the portfolio weight of the stock over the last 3 months 0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 24/110 (+5) |
Mirae Asset Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3399% | Percentage of the fund’s portfolio invested in the stock 2.09% | Change in the portfolio weight of the stock over the last 3 months 0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/94 (+1) |
SBI Blue Chip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0812% | Percentage of the fund’s portfolio invested in the stock 0.56% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/53 (+5) |
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smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 14, 2024
Dividend/Share
₹0.80
Ex DateEx Date
Aug 14, 2024
Cash Dividend
Ex DateEx DateAug 9, 2023
Dividend/Share
₹0.65
Ex DateEx Date
Aug 9, 2023
Cash Dividend
Ex DateEx DateAug 12, 2022
Dividend/Share
₹0.85
Ex DateEx Date
Aug 12, 2022
Net profit of Motherson Sumi Wiring India declined 2.44% to Rs 152.08 crore in the quarter ended September 2024 as against Rs 155.88 crore during the previous quarter ended September 2023. Sales rose 10.78% to Rs 2323.01 crore in the quarter ended September 2024 as against Rs 2096.95 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2323.012096.95 11 OPM %10.7412.05 - PBDT247.12246.36 0 PBT202.72210.01 -3 NP152.08155.88 -2 Powered by Capital Market - Live
Motherson Sumi Wiring India will hold a meeting of the Board of Directors of the Company on 8 November 2024.Powered by Capital Market - Live
Motherson Sumi Wiring Q1 Results: Profit up 21% at Rs 149 crore
Motherson Sumi Wiring Q1 FY25 results: Net profit up 21% at Rs 149 cr
Net profit of Motherson Sumi Wiring India rose 20.90% to Rs 148.87 crore in the quarter ended June 2024 as against Rs 123.13 crore during the previous quarter ended June 2023. Sales rose 16.89% to Rs 2166.01 crore in the quarter ended June 2024 as against Rs 1853.04 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2166.011853.04 17 OPM %11.0210.47 - PBDT238.29199.93 19 PBT198.36166.09 19 NP148.87123.13 21 Powered by Capital Market - Live
Motherson Sumi Wiring India announced that the 4th Annual General Meeting(AGM) of the company will be held on 29 August 2024.Powered by Capital Market - Live
CRISIL Ratings stated that the ratings continue to reflect established market position of MSWIL in the wiring harness segment of domestic automotive components industry, long term relationships with most major auto original equipment manufacturers (OEMs), robust financial risk profile and strong parentage of Samvardhana Motherson International Limited and Sumitomo Wiring Systems. These strengths are partially offset by single product portfolio of MSWIL in automotive component industry, geographical concentration in the domestic market and exposure to cyclicality in auto sector. MSWIL revenue has continued to grow in FY24, registering a growth of 18% to Rs 8,300 crore, compared to Rs 7,000 crore in FY23. The growth was backed by healthy demand in the Indian automotive industry. The revenue is expected to increase by 8-10% in the medium term. Operating profitability is expected to sustain at around 12-13% in the medium term, and around 12.2% in fiscal 2024 due to an increase in revenues and better absorption of fixed costs. The localization of component manufacturing also contributes to the margin improvement. The company has planned a capex of Rs. 200 crores in FY25, funded entirely by internal accruals. Around 70% of this would be utilized for growth and expansion, the remaining 30% being utilized for productivity, quality improvement, as well as the maintenance of the replacement of the assets which have lived their useful life. MSWIL is focused on organic growth through increasing content per car. With domestic wiring harness segment of automotive components industry dominated by few players and MSWIL being the market leader, opportunities for inorganic growth through acquisitions are limited. Hence, leverage of MSWIL is expected to remain low. Motherson Sumi Wiring India (MSWIL) houses the automotive wiring harness business of erstwhile Motherson Sumi Systems. The company is a full system solutions provider for its customers and is equipped to cater to their requirements in every step of the supply chain from the initial product design and validation, through tool design and manufacturing, finishing, and processing, assembly, production of integrated electrical & electronic distribution systems for the power supply or data transfer across vehicles to sequencing in-line supplies. MSWIL had achieved revenues and PAT of Rs 8,300 crore and Rs 638 crore in FY24 as compared to revenues and PAT of Rs 7,000 crore and Rs 480 crore in FY23. The scrip had shed 0.12% to end at Rs 75.66 on the BSE yesterday. Domestic equity markets are shut today on account of Muharram. Powered by Capital Market - Live
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant