Motherson Sumi Wiring India (MSUMI) Q1 25/26 earnings summary

Executive summary

• Achieved strong revenue growth of 14% year-over-year in Q1 FY26, outpacing the industry growth of 3%.

• Unaudited financial results for the quarter ended June 30, 2025, were approved by the Board on July 28, 2025.

• Financials prepared in accordance with Indian Accounting Standards and SEBI regulations.

• Profitability excluding Greenfield projects remained stable, with further improvement expected as Greenfields ramp up.

• Maintained a debt-free status and continued to generate positive cash flows.

Financial highlights

• Revenue increased from INR 2,185 crore in Q1 FY25 to INR 2,494 crore in Q1 FY26.

• EBITDA rose from INR 239 crore to INR 244 crore year-over-year; excluding Greenfields, EBITDA was INR 275 crore.

• PAT was INR 143 crore in Q1 FY26, compared to INR 149 crore in Q1 FY25; excluding Greenfields, PAT was INR 169 crore.

• Basic and diluted EPS for Q1 FY26 were ₹0.22, adjusted for a recent bonus issue.

• EV share of revenue reached 5.4% for Q1 FY26.

Outlook and guidance

• Greenfield projects are expected to further enhance profitability as they ramp up production in upcoming quarters.

• One Greenfield started production in Q1 FY26, with additional volume ramp-up anticipated in Q2 FY26.

• Board approved a bonus share issue (1:2), effective post-shareholder approval on July 7, 2025.