Samvardhana Motherson International Ltd
Motherson Sumi Systems is engaged primarily in the manufacturer and sale of components to automotive original equipment manufacturers.[1]
- Market Cap ₹ 1,10,470 Cr.
- Current Price ₹ 157
- High / Low ₹ 217 / 94.4
- Stock P/E 83.4
- Book Value ₹ 52.7
- Dividend Yield 0.51 %
- ROCE 3.67 %
- ROE 2.92 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 46.2%
- Company's working capital requirements have reduced from 110 days to 71.9 days
Cons
- Stock is trading at 2.97 times its book value
- Promoter holding has decreased over last quarter: -2.22%
- Company has a low return on equity of 3.57% over last 3 years.
- Earnings include an other income of Rs.934 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Part of BSE Dollex 200 Nifty Next 50 Nifty 500 BSE LargeCap Nifty 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,291 | 4,512 | 4,973 | 5,293 | 6,287 | 7,466 | 7,581 | 3,980 | 3,669 | 5,416 | 7,972 | 9,046 | 9,626 | |
3,534 | 3,667 | 4,098 | 4,262 | 5,072 | 6,134 | 6,308 | 3,426 | 3,228 | 4,743 | 7,050 | 7,908 | 8,451 | |
Operating Profit | 757 | 845 | 875 | 1,031 | 1,215 | 1,332 | 1,273 | 555 | 441 | 673 | 922 | 1,138 | 1,175 |
OPM % | 18% | 19% | 18% | 19% | 19% | 18% | 17% | 14% | 12% | 12% | 12% | 13% | 12% |
92 | 108 | 86 | 171 | 168 | 140 | 186 | 733 | 417 | 956 | 390 | 553 | 934 | |
Interest | 54 | 42 | 30 | 47 | 12 | 43 | 18 | 25 | 90 | 141 | 158 | 256 | 294 |
Depreciation | 145 | 153 | 207 | 201 | 198 | 218 | 219 | 231 | 198 | 204 | 258 | 313 | 337 |
Profit before tax | 650 | 758 | 724 | 953 | 1,173 | 1,211 | 1,222 | 1,031 | 570 | 1,284 | 896 | 1,122 | 1,479 |
Tax % | 28% | 29% | 29% | 25% | 29% | 27% | 33% | 13% | 9% | 9% | 12% | 16% | |
470 | 535 | 515 | 719 | 827 | 879 | 814 | 899 | 521 | 1,164 | 786 | 944 | 1,324 | |
EPS in Rs | 1.05 | 1.20 | 1.15 | 1.61 | 1.75 | 1.86 | 1.72 | 1.90 | 1.10 | 1.72 | 1.16 | 1.39 | 1.92 |
Dividend Payout % | 25% | 41% | 51% | 46% | 34% | 54% | 58% | 53% | 91% | 25% | 56% | 57% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 4% |
3 Years: | 35% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 20% |
TTM: | 52% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 14% |
3 Years: | 10% |
1 Year: | 65% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 59 | 88 | 88 | 132 | 140 | 210 | 316 | 316 | 316 | 452 | 678 | 678 | 704 |
Reserves | 1,565 | 1,817 | 2,014 | 2,322 | 5,662 | 5,970 | 6,122 | 5,929 | 6,427 | 30,479 | 30,760 | 31,251 | 36,355 |
927 | 758 | 534 | 485 | 1,294 | 1,155 | 1,136 | 1,512 | 4,852 | 5,416 | 5,842 | 4,610 | 5,881 | |
889 | 1,001 | 1,103 | 955 | 1,182 | 1,475 | 1,469 | 1,446 | 1,948 | 1,407 | 1,660 | 1,865 | 2,197 | |
Total Liabilities | 3,440 | 3,664 | 3,739 | 3,894 | 8,278 | 8,810 | 9,043 | 9,203 | 13,543 | 37,755 | 38,938 | 38,404 | 45,137 |
1,420 | 1,434 | 1,462 | 1,409 | 1,442 | 1,547 | 1,796 | 1,928 | 1,759 | 1,768 | 2,369 | 2,695 | 2,877 | |
CWIP | 86 | 52 | 40 | 65 | 53 | 92 | 91 | 90 | 28 | 54 | 66 | 253 | 193 |
Investments | 513 | 582 | 732 | 769 | 4,498 | 4,654 | 4,603 | 4,682 | 5,586 | 30,387 | 30,747 | 31,319 | 31,534 |
1,422 | 1,596 | 1,505 | 1,650 | 2,285 | 2,517 | 2,553 | 2,502 | 6,169 | 5,546 | 5,756 | 4,137 | 10,533 | |
Total Assets | 3,440 | 3,664 | 3,739 | 3,894 | 8,278 | 8,810 | 9,043 | 9,203 | 13,543 | 37,755 | 38,938 | 38,404 | 45,137 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
600 | 669 | 821 | 678 | 713 | 839 | 942 | 1,036 | 340 | 368 | 343 | 1,111 | |
-354 | -305 | -158 | -19 | -3,869 | -259 | -271 | -47 | -3,696 | 909 | -451 | 873 | |
-200 | -412 | -535 | -790 | 3,327 | -664 | -640 | -893 | 3,413 | -939 | -304 | -2,051 | |
Net Cash Flow | 45 | -48 | 128 | -131 | 171 | -84 | 32 | 97 | 57 | 338 | -411 | -67 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46 | 47 | 34 | 41 | 47 | 45 | 39 | 80 | 52 | 76 | 70 | 63 |
Inventory Days | 78 | 82 | 79 | 82 | 75 | 82 | 91 | 155 | 93 | 74 | 69 | 65 |
Days Payable | 69 | 63 | 56 | 73 | 82 | 79 | 78 | 142 | 104 | 84 | 69 | 67 |
Cash Conversion Cycle | 56 | 65 | 57 | 50 | 39 | 48 | 53 | 93 | 40 | 65 | 70 | 60 |
Working Capital Days | 29 | 18 | 4 | 35 | 42 | 38 | 42 | 68 | 150 | 85 | 173 | 72 |
ROCE % | 29% | 31% | 28% | 34% | 22% | 17% | 17% | 14% | 7% | 5% | 3% | 4% |
Documents
Announcements
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General-Updates
16 Dec - Opening of trading window from December 17, 2024.
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Announcement under Regulation 30 (LODR)-Acquisition
14 Dec - Acquisition of 100% stake in Baldi Industria.
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Closure of Trading Window
13 Dec - Closure of trading window for insider trading compliance.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
11 Dec - Information on loss of share certificates.
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Rumour verification - Regulation 30(11)
6 Dec - Board meeting for proposed acquisition disclosed.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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India’s largest Ancilliary company[1] The MSSL group is amongst the world's largest manufacturers of exterior rear-view mirrors with a dominant market share, and is a leading global player in polymer-based interior and exterior modules. Moreover, the group is also the largest manufacturer of wiring harnesses for passenger vehicles in India.