Motherson (MOTHERSUMI) Investor Presentation summary

Company overview and strategy

• Founded in 1975 in Delhi, Motherson is a global manufacturing specialist and one of the world's largest suppliers to automotive OEMs, with over 190,000 employees and operations in 44 countries across 400+ facilities.

• Vision is to be a globally preferred sustainable solutions provider, with a strong purpose-driven philosophy and a focus on value creation through organic growth, M&A, and strategic alliances.

• Operates on five-year plans, with the current plan targeting $36 billion in revenues and 40% ROCE by 2025, and no single country, customer, or component contributing more than 10% of revenues.

• Growth pillars include robust organic growth (booked business of $83.9bn), 43 acquisitions since 2002, and 27 strategic partnerships.

• Business is highly diversified across wiring harnesses, modules and polymer products, vision systems, integrated assemblies, and emerging businesses such as aerospace and health & medical.

Financial performance and credit profile

• FY2024 revenue reached $11.8bn with EBITDA of $1.1bn and an EBITDA margin of 9.4%; net leverage improved to 1.39x.

• Free cash flow was $3m in FY24, with a strong liquidity position of $1.72bn and total debt of $2.08bn as of March 2024.

• Access to diverse funding sources, including international and domestic debt markets, revolving credit facilities, and term loans.

• Booked automotive business grew to $83.9bn as of March 2024, providing high revenue visibility over the next 5-6 years.

• Outperformed global light vehicle production trends, maintaining stable profits and revenue growth despite industry headwinds.

Diversification, resilience, and growth

• Portfolio is powertrain agnostic (>95%), serving a blue-chip customer base with no overreliance on any single region or client.

• Over 50% of revenues come from emerging markets, with strong positions in both developed and high-growth economies.

• Strategic acquisitions have expanded capabilities into new segments, including aerospace, health & medical, and advanced automotive systems.

• Maintains a prudent financial policy, keeping net debt/EBITDA below 2.5x and focusing on disciplined M&A aligned with strategic goals.

• Multiple credit rating upgrades from Moody’s, Fitch, and domestic agencies reflect improved scale, diversification, and financial discipline.