Samvardhana Motherson International Limited

BSE: MOTHERSON517334ISIN INE775A01035

Consumer Discretionary
Auto Components & Equipments
BSE 100

Share price

₹159.25-0.55 (-0.34%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

18 Jul 2025 · Bonus 1:2

52W high: ₹173.25
52W low: ₹101.05
Off 52W high: -8.08%
1M return: +1.11%
3M return: +3.17%
6M return: +25.39%
1Y return: +52.47%
20D avg volume: 6,04,232
50 DMA: ₹160.71
200 DMA: ₹140.11

Key ratios Consolidated

Market cap: ₹1,69,717 Cr
Current price: ₹159.25
52W high / low: ₹173.25 / ₹101.05
Face value: ₹1.00
P/E: 36.90
P/B: 4.10
EPS (TTM): ₹4.32
Book value / share: ₹38.83
ROE: —
ROCE: 10.90%
Operating margin: —
Net margin: —
Debt / equity: 0.36
Net debt: ₹8,379 Cr
Interest cover: 4.10
Dividend yield: 0.38%
Dividend / share (TTM): ₹0.60
Payout: 13.89%
Cash conversion cycle: 12.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	35,244	34,309	31,409	30,173	30,212	29,317	27,666	27,812	28,868	27,058	25,698	23,474
	81.56	57.46	51.37	121.22	80.48	116.39	111.20	259.24	70.88	83.59	54.70	165.37
	35,325	34,367	31,461	30,294	30,292	29,433	27,777	28,071	28,939	27,142	25,752	23,639
	33,965	32,356	30,028	29,167	29,408	28,313	26,559	27,013	27,602	25,662	24,965	22,940
	19,379	18,007	16,644	16,339	16,238	14,203	15,450	14,866	15,514	13,541	14,212	13,428
	202.04	366.97	158.59	371.62	90.23	262.45	214.29	158.55	138.60	106.68	56.16	173.32
	8,946	8,302	7,800	7,440	7,936	7,216	7,117	6,883	7,170	6,687	6,066	5,469
	458.97	471.76	341.07	386.54	425.04	425.62	466.13	546.16	444.48	450.38	620.26	487.94
	1,358	1,365	1,321	1,218	1,230	1,214	1,112	1,103	1,065	1,088	1,016	867.39
	4,057	3,783	3,798	3,619	3,675	3,596	3,229	3,399	3,447	3,213	3,113	2,776
	1,361	2,011	1,433	1,128	884.06	1,120	1,219	1,058	1,337	1,480	787.66	698.88
	0.00	-194.40	-46.48	-36.16	-136.49	0.00	0.00	0.00	0.00	0.41	-0.86	-249.40
	1,361	1,817	1,386	1,091	747.57	1,120	1,219	1,058	1,337	1,480	786.80	449.48
	457.23	427.86	454.33	391.38	265.75	136.64	337.32	293.60	348.02	112.88	217.60	229.17
	1,076	1,562	1,072	845.63	606.09	1,115	984.35	948.81	1,097	1,444	633.30	294.15
	0.98	1.42	0.97	0.78	0.48	1.49	1.25	1.29	1.47	2.02	0.80	0.30
Key metrics
	3,178	3,654	3,048	2,696	2,402	2,759	2,797	2,707	2,846	3,019	2,423	1,805
	9.00%	10.60%	9.70%	8.90%	8.00%	9.40%	10.10%	9.70%	9.90%	11.20%	9.40%	7.70%
	3.10%	4.60%	3.40%	2.80%	2.00%	3.80%	3.60%	3.40%	3.80%	5.30%	2.50%	1.30%
	—	3.70%	—	2.60%	—	3.00%	—	—	—	—	—	—
	16.70%	17.00%	13.50%	8.50%	4.70%	8.30%	7.70%	18.50%	—	—	—	—
	77.50%	40.00%	8.90%	-10.90%	-44.80%	-22.80%	55.40%	222.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	1,31,135	1,26,104	1,13,663	98,692	78,701	63,536	57,370	63,537	63,523	56,521
	311.61	310.53	557.71	187.56	257.04	495.67	229.33	230.67	220.18	170.09
	1,31,447	1,26,414	1,14,220	98,879	78,958	64,032	57,599	63,768	63,743	56,691
	1,25,515	1,20,959	1,09,486	95,027	76,410	62,575	56,448	61,712	60,656	53,385
	70,369	67,229	60,033	53,900	45,175	36,805	32,676	35,547	36,369	34,174
	1,099	987.41	773.89	468.22	465.42	182.76	103.29	710.00	534.01	365.41
	32,487	31,478	28,387	23,538	17,931	15,375	14,100	15,077	14,169	11,068
	1,658	1,624	1,882	1,811	780.94	542.59	511.47	598.63	423.15	410.80
	5,262	5,134	4,493	3,810	3,136	2,958	2,926	2,778	2,058	—
	15,258	14,876	13,672	11,452	9,244	6,964	6,313	6,987	7,267	5,791
	5,932	5,455	4,734	3,852	2,548	1,456	1,151	2,055	3,087	3,307
	-277.04	-413.53	0.00	-249.85	-99.47	-48.05	-62.27	0.00	113.09	-177.72
	5,655	5,042	4,734	3,603	2,449	1,408	1,088	2,055	3,200	3,129
	1,731	1,539	1,116	820.62	735.15	606.84	69.34	818.42	1,102	1,007
	4,555	4,086	4,146	3,020	1,670	1,182	1,569	1,294	2,098	2,122
	4.15	3.66	5.50	4.01	2.21	1.46	2.26	3.71	5.11	—
Key metrics
	12,575	11,800	11,110	9,224	6,365	4,909	4,526	5,432	5,682	3,540
	9.59%	9.40%	9.80%	9.30%	8.10%	7.70%	7.90%	8.50%	8.90%	6.30%
	3.47%	3.20%	3.60%	3.10%	2.10%	1.90%	2.70%	2.00%	3.30%	3.80%
	—	10.90%	13.00%	—	—	—	—	—	—	—
	14.02%	10.90%	15.20%	25.40%	23.90%	10.70%	-9.70%	0.00%	12.40%	—
	24.64%	-1.50%	37.30%	80.90%	41.30%	-24.70%	21.20%	-38.30%	-1.10%	—
	—	5,230	1,725	—	—	—	—	—	—	—
	—	2.76	1.52	—	—	—	—	—	—	—
	—	0.36	0.46	—	—	—	—	—	—	—
	—	8,379	11,579	—	—	—	—	—	—	—
	—	12.6	14.6	—	—	—	—	—	—	—
Balance sheet
	—	1,10,495	92,847	—	—	—	—	—	—	—
	—	52,129	43,942	—	—	—	—	—	—	—
	—	7,516	5,643	—	—	—	—	—	—	—
	—	19,881	17,431	—	—	—	—	—	—	—
	—	12,647	10,787	—	—	—	—	—	—	—
	—	4,535	3,557	—	—	—	—	—	—	—
	—	28,469	23,829	—	—	—	—	—	—	—
	—	28,165	23,669	—	—	—	—	—	—	—
	—	49,182	42,069	—	—	—	—	—	—	—
	—	15,895	17,222	—	—	—	—	—	—	—
	—	5,644	7,204	—	—	—	—	—	—	—
	—	10,250	10,017	—	—	—	—	—	—	—
	—	43,659	37,129	—	—	—	—	—	—	—
Cash flow
	—	11,284	6,286	—	—	—	—	—	—	—
	—	-6,124	-4,862	—	—	—	—	—	—	—
	—	-3,275	-2,551	—	—	—	—	—	—	—
	—	6,054	4,561	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,616	3,543	3,134	2,954	2,742	2,721	2,409	2,574	2,483	2,366	2,203	2,221
	212.02	225.55	91.87	590.95	194.73	559.32	159.56	533.25	22.03	325.77	53.18	152.78
	3,828	3,769	3,226	3,545	2,937	3,281	2,568	3,107	2,505	2,692	2,256	2,374
	3,414	3,184	2,927	2,786	2,532	2,570	2,390	2,442	2,281	2,256	2,102	2,070
	2,464	2,264	2,042	1,805	1,726	1,719	1,481	1,632	1,481	1,470	1,355	1,401
	39.32	72.36	68.02	99.13	45.88	44.20	48.92	61.04	56.16	69.79	60.01	52.50
	368.13	321.10	309.36	318.40	316.57	292.59	281.70	282.32	281.65	256.50	244.95	244.84
	147.55	76.78	50.37	122.46	29.36	102.63	90.57	84.06	70.14	63.76	76.20	62.76
	101.83	99.67	101.14	100.29	96.97	92.05	89.51	88.75	85.94	81.08	80.79	69.32
	392.60	362.80	395.73	354.63	351.38	335.77	368.11	341.77	322.70	346.93	284.56	265.59
	413.40	584.88	299.44	759.07	405.06	710.40	178.67	664.55	223.71	435.98	154.51	303.46
	0.00	0.00	-4.26	0.00	0.00	0.00	—	—	—	—	—	—
	413.40	584.88	295.18	759.07	405.06	710.40	178.67	664.55	223.71	435.98	154.51	303.46
	65.14	102.37	68.56	27.27	49.82	64.95	57.09	22.54	55.76	41.81	34.45	52.93
	348.26	482.51	226.62	731.80	355.24	645.45	121.58	642.01	167.95	394.17	120.06	250.53
	0.33	0.46	0.21	0.69	0.34	0.92	0.17	0.94	0.25	0.58	0.18	0.37
Key metrics
	662.78	761.33	446.69	981.82	531.39	905.08	358.75	837.36	379.79	580.82	311.50	435.54
	18.30%	21.50%	14.30%	33.20%	19.40%	33.30%	14.90%	32.50%	15.30%	24.50%	14.10%	19.60%
	9.60%	13.60%	7.20%	24.80%	13.00%	23.70%	5.00%	24.90%	6.80%	16.70%	5.50%	11.30%
	—	1.50%	—	2.00%	—	2.00%	—	—	—	—	—	—
	31.80%	30.20%	30.10%	14.80%	10.40%	15.00%	9.30%	15.90%	—	—	—	—
	-2.00%	-25.20%	86.40%	14.00%	111.50%	63.70%	1.30%	156.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	13,247	12,374	10,187	9,046	7,355	5,345	3,669	6,874	7,581	7,667
	1,120	1,103	1,274	553.11	465.63	711.41	110.35	378.37	186.53	140.36
	14,368	13,477	11,461	9,599	7,821	6,056	3,780	7,252	7,768	7,808
	12,311	11,429	9,684	8,477	6,911	5,088	3,517	6,091	6,545	6,597
	8,576	7,838	6,313	5,557	4,565	3,383	2,179	3,569	4,200	3,880
	278.83	285.39	210.33	212.86	149.24	92.03	70.07	98.53	61.87	308.04
	1,317	1,265	1,138	1,006	799.50	607.65	502.58	1,218	1,178	1,062
	397.16	278.97	347.39	256.40	144.63	141.08	89.67	30.59	17.65	43.33
	402.93	398.07	356.25	312.99	231.28	204.24	198.26	288.31	219.26	218.30
	1,506	1,465	1,368	1,173	1,113	742.58	541.59	837.85	920.02	963.52
	2,057	2,048	1,777	1,122	909.22	967.90	263.05	1,161	1,222	1,211
	-4.26	-4.26	0.00	—	—	-48.05	-19.85	—	—	—
	2,053	2,044	1,777	1,122	909.22	919.85	243.20	1,161	1,222	1,211
	263.34	248.02	200.35	178.34	135.67	120.23	49.18	262.63	408.63	331.53
	1,789	1,796	1,577	943.88	773.55	1,164	520.70	898.82	813.77	879.13
	1.69	1.70	2.28	1.39	1.14	2.29	0.61	2.85	2.58	—
Key metrics
	2,853	2,721	2,481	1,692	1,285	1,265	531.13	1,480	1,459	1,472
	21.53%	22.00%	24.40%	18.70%	17.50%	23.70%	14.50%	21.50%	19.20%	19.20%
	13.51%	14.50%	15.50%	10.40%	10.50%	21.80%	14.20%	13.10%	10.70%	11.50%
	—	5.20%	5.10%	—	—	—	—	—	—	—
	26.82%	21.50%	12.60%	23.00%	37.60%	45.70%	-46.60%	-9.30%	-1.10%	—
	1.41%	13.90%	67.10%	22.00%	-33.50%	123.50%	-42.10%	10.50%	-7.40%	—
	—	555.30	137.10	—	—	—	—	—	—	—
	—	0.58	0.40	—	—	—	—	—	—	—
	—	0.21	0.13	—	—	—	—	—	—	—
	—	7,955	4,918	—	—	—	—	—	—	—
	—	56.5	56.5	—	—	—	—	—	—	—
Balance sheet
	—	50,516	44,817	—	—	—	—	—	—	—
	—	5,931	3,540	—	—	—	—	—	—	—
	—	48.53	127.82	—	—	—	—	—	—	—
	—	2,062	1,745	—	—	—	—	—	—	—
	—	1,134	907.29	—	—	—	—	—	—	—
	—	—	101.71	—	—	—	—	—	—	—
	—	1,847	2,202	—	—	—	—	—	—	—
	—	1,277	1,075	—	—	—	—	—	—	—
	—	5,787	3,373	—	—	—	—	—	—	—
	—	8,003	5,046	—	—	—	—	—	—	—
	—	2,786	1,312	—	—	—	—	—	—	—
	—	5,217	3,734	—	—	—	—	—	—	—
	—	38,290	37,489	—	—	—	—	—	—	—
Cash flow
	—	1,049	638.39	—	—	—	—	—	—	—
	—	-3,154	-5,098	—	—	—	—	—	—	—
	—	2,026	4,410	—	—	—	—	—	—	—
	—	493.86	501.29	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +18.94%
Sales CAGR 5Y: +27.52%
Profit CAGR 3Y: +32.42%
Profit CAGR 5Y: +28.10%
Sales YoY (TTM): +26.82%
Profit YoY (TTM): +1.41%

Consolidated

Sales CAGR 3Y: +17.02%
Sales CAGR 5Y: +17.06%
Profit CAGR 3Y: +34.75%
Profit CAGR 5Y: +21.09%
Sales YoY (TTM): +14.02%
Profit YoY (TTM): +24.64%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Coverage

INFORMED coverage

Motherson to buy 50.1% of Rotary Connectors for Rs 500.4 crore to push defence wiring

Shareholding as of 30 Sep 2026

Promoter holding: 48.60%

Quarter	September 2026	June 2026
Promoter %	48.60%	48.60%

Holder	Type	Holding	Previous	Change
SEHGAL FAMILY TRUST (SHRI SEHGALS TRUSTEE COMPANY PRIVATE LIMITED, TRUSTEE)	Promoter Group	13.22%	13.22%	0.00%
MR. VIVEK CHAAND SEHGAL	Promoter	12.49%	12.49%	0.00%
Renu Sehgal Trust (1. Shri Sehgals Trustee Company Private Limited, Trustee; 2. Ms. Geeta Soni jointly with Mr. Laksh Vaaman Sehgal, Trustees)	Promoter Group	11.96%	—	—
SUMITOMO WIRING SYSTEMS LIMITED	Public	9.37%	9.37%	0.00%
RADHA RANI HOLDINGS PTE LTD	Promoter Group	7.33%	7.33%	0.00%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIF	Public	2.69%	—	—
SBI ARBITRAGE FUND	Public	2.67%	—	—
ICICI PRUDENTIAL MANUFACTURING FUND	Public	2.12%	2.04%	+0.08%
QUANT MUTUAL FUND - QUANT FOCUSED FUND	Public	2.02%	—	—
LICI INDEX PLUS FLEXI GROWTH FUND	Public	1.80%	—	—
MOTHERSON ENGINEERING RESEARCH AND INTEGRATED TECHNOLOGIES LIMITED	Promoter Group	1.60%	—	—
NPS TRUST- A/C LIC PENSION FUND SCHEME E - TIER I	Public	1.23%	—	—
MOTILAL OSWAL MANUFACTURING FUND	Public	1.13%	—	—
ADVANCE TECHNOLOGIES AND AUTOMOTIVE RESOURCES PTE LTD	Promoter Group	0.93%	—	—
MS. VIDHI SEHGAL	Promoter Group	0.53%	0.53%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%

Filings & corporate actions

Recent announcements

Samvardhana Motherson International Limited has informed the Stock Exchange regarding a press release dated November 2, 2026 titled "Motherson and NTU Singapore Partner to Advance Magnetic ....2 Nov 2026 · Company Update / Press Release / Media Release
Samvardhana Motherson International Limited has submitted disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015.31 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange regarding change in timing of Earnings Conference Call for the second quarter and half year ended September 30, ....30 Oct 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has agreed to issue corporate guarantee for Term Facility to be availed by wholly owned subsidiary, namely, Motherson Global Investments B.V.29 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has voluntarily submitted with the Stock Exchange a disclosure on receipt of rescission notice of penalty initially disclosed on October 14, 2026.27 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange regarding disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.27 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted the order of Hon''ble NCLT. Mumbai with respect to approval of Composite Scheme.26 Oct 2026 · Company Update / Scheme of Arrangement
Samvardhana Motherson International Limited has informed the Stock Exchange regarding schedule of earnings conference call for the second quarter and half year ended September 30, 2026, ....22 Oct 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Samvardhana ....22 Oct 2026 · Board Meeting / Board Meeting
Samvardhana Motherson International Limited has paid remaining interest and fractional entitlements to the CCD holders who opted for conversion of CCDs into equity shares.16 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure on voluntary dissolution of indirect subsidiary of the Company.16 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.14 Oct 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange for the partial conversion of Compulsorily Convertible Debentures and thereupon allotment of Equity shares.8 Oct 2026 · Corp Action / Conversion of Securities
Samvardhana Motherson International Limited submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Samvardhana Motherson International Limited has informed the Stock Exchange regarding listing of Commercial Paper.30 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with the stock exchange disclosure on payment of interest to Compulsorily Convertible Debenture Holders.30 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has informed on the rating update by Japan Credit Rating Agency Ltd.29 Sep 2026 · Company Update / Credit Rating
Samvardhana Motherson International Limited has informed the Stock Exchange regarding Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Samvardhana Motherson International Limited has informed the Stock Exchange regarding listing of Commercial Paper.26 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Regulations & Disclosure Requirements) Regulations, 2015 ....24 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with the Stock Exchange disclosure on incorporation of MH Supply Chain Limited, USA, an indirect subsidiary.23 Sep 2026 · Company Update / Acquisition
Samvardhana Motherson International Limited has informed the Stock Exchange regarding about communication sent to the Compulsorily Convertible Debenture Holders.21 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange a disclosure on approval to purchase by Samvardhana Motherson Adsys Tech Limited, a wholly owned subsidiary of ....21 Sep 2026 · Company Update / Acquisition
Samvardhana Motherson International Limited has informed the Stock Exchange regarding disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.19 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure on the Investor meeting scheduled on September 28, 2026.17 Sep 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has submitted with the Stock Exchange disclosure on the Investor meeting scheduled on September 24, 2026.17 Sep 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has submitted with the Stock Exchange regarding disclosure on the Investor meeting scheduled on September 23, 2026.17 Sep 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure on the Analyst meeting scheduled on September 22, 2026.17 Sep 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure on issuance of Corporate Guarantee for its wholly owned subsidiary.16 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.16 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.13 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange regarding issuance of Corporate Guarantee for its subsidiary.2 Sep 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchange regarding schedule of Investor Meet on September 7, 2026 at 1500 Hours.2 Sep 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has informed the Stock Exchange regarding schedule of Investor Meet on September 7, 2026 at 1400 Hours.31 Aug 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has informed the Stock Exchange regarding schedule of Investor Meet on September 7, 2026 at 1100 Hours.31 Aug 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has informed the Stock Exchange regarding schedule of Investor Meet on September 4, 2026 at 1430 Hours.31 Aug 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has informed the Stock Exchange about the schedule of one-to-one Non Deal Roadshow on Monday, September 28, 2026 at Japan.27 Aug 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has informed the Stock Exchange regarding one-to-one virtual Investor Meet scheduled on Friday, September 04, 2026.27 Aug 2026 · Company Update / Analyst / Investor Meet
Samvardhana Motherson International Limited has submitted with the Stock Exchange disclosure regarding commencement of Commercial Production at the new manufacturing facility of subsidiary, ....26 Aug 2026 · Company Update / General
Samvardhana Motherson International Limited has informed the Stock Exchanges regarding the record date of Compulsorily Convertible Debenture.26 Aug 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.2500	14 Jul 2026	14 Jul 2026	—
Interim Dividend - Rs. - 0.3500	27 Mar 2026	27 Mar 2026	—
Bonus issue 1:2	18 Jul 2025	18 Jul 2025	—
Final Dividend - Rs. - 0.3500	23 Jun 2025	23 Jun 2025	—
Interim Dividend - Rs. - 0.5000	28 Mar 2025	28 Mar 2025	—
Final Dividend - Rs. - 0.8000	14 Aug 2024	—	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results

Motherson to buy 50.1% of Rotary Connectors for Rs 500.4 crore to push defence wiring

INFORMED Newsroom · 2026-09-24

Samvardhana Motherson International makes the parts that go into vehicles and machines, from wiring and mirrors to modules that large vehicle makers fit on their own assembly lines. On September 21, 2026, its board approved purchase by its wholly owned subsidiary Samvardhana Motherson Adsys Tech Limited of a 50.1% equity stake in Rotary Connectors Private Limited from existing shareholders, for an enterprise value of Rs 500.4 crore in cash , with Rotary to become an indirect subsidiary on closing expected by the fourth quarter of 2026-27 . The takeaway is that Motherson is buying a small but fast-growing maker of military-grade connectors to add Electrical Wiring Interconnect System, the wiring network that carries power and signals inside aircraft, capability to its Aerospace and Defence vertical.

What the board approved

The board meeting was held on September 21, 2026 . Samvardhana Motherson Adsys Tech Limited will hold 50.1% of the equity share capital of the target and will have the right to appoint majority directors on the board of the target . Post completion, Rotary Connectors Private Limited will become an indirect subsidiary of Samvardhana Motherson International Limited . The promoters of Rotary will continue to hold 49.9% equity stake .

The consideration is cash . Enterprise value is Rs 500.4 crore . Equity value will be determined as enterprise value plus net cash as on locked box date of March 31, 2026, with adjustments for any leakage or cash withdrawal during the period between locked-box date and closing date . The transaction is expected to be completed by the fourth quarter of 2026-27, subject to satisfaction of conditions precedent to closing .

The filing says the acquisition would not fall within related party transactions . No governmental or regulatory approvals are required for this acquisition .

Rotary is engaged in the business of manufacturing of military grade circular connectors and interconnection solutions having diversified application including in Aerospace and Defence sector . The industry to which the entity belongs is Aerospace and Defence . The target was incorporated on December 08, 2005 . It has three manufacturing facilities in Bengaluru, India .

The stated reason is that the strategic partnership supports Motherson Group vision of diversifying and scaling its Aerospace and Defence business vertical, particularly in the field of Electrical Wiring Interconnect System . Motherson established footprint in Aerospace and Defence, along with its geographic reach and customer access, can potentially be leveraged to accelerate the growth of the target business .

A small target growing fast

The filing gives three years of turnover for Rotary :

Period	Turnover
FY24	Rs 75.2 crore
FY25	Rs 102.8 crore
FY26, unaudited	Rs 123.5 crore

Turnover rose about 36.7% in FY25 and about 20.1% in FY26 on this series, showing a fast-growing base before Motherson steps in.

How Rotary compares with Motherson Aerospace scale

Motherson reported Aerospace division revenue of Rs 1,749 crore in FY25 and Rs 2,447 crore in FY26 . EBITDA was Rs 127 crore in FY25 and Rs 203 crore in FY26 . That implies a margin of about 7.3% rising to about 8.3%.

Period	Aerospace revenue	Aerospace EBITDA
FY25	Rs 1,749 crore	Rs 127 crore
FY26	Rs 2,447 crore	Rs 203 crore

Rotary turnover of Rs 123.5 crore in FY26 is about 5.0% of Aerospace revenue of Rs 2,447 crore in FY26 . On the May 2026 earnings call, an analyst referenced about Rs 2,400 crore revenue for the aerospace business and management did not correct that figure, which also points to Rotary at roughly 5.1% of that vertical .

The context is momentum. Aerospace revenues grew 40% year-on-year in FY26, taking top-line expansion to nearly 10 times over the last 3 years . In the first quarter of FY27, Aerospace delivered revenue growth of over 20% year-on-year . The order book increased by over 20% to USD 160.00 crore, providing strong long-term visibility . In the August 2026 update, the order book had grown by more than 17% since FY26 end, giving strong visibility on future growth .

Why connectors fit the diversification plan

Motherson frames Aerospace as a deliberate pillar beyond auto components. It describes itself as a global Design, Engineering, Manufacturing, Assembly and Logistics specialist combining operational excellence, capabilities and strategic global presence to power multi-industry expansion . The overarching target under Vision 2030 is 3CX10, where no country, customer or component should contribute more than 10% to revenues .

Aerospace sits inside Emerging Businesses with Elastomer, Lighting and electronics, Precision Metals and Modules, Services, Health and Medical, Logistics Solutions and Technology and Industrial Solutions . For FY26, Emerging Businesses reported full-year revenue of Rs 17,072 crore and EBITDA of Rs 1,825 crore . Management said the Aerospace business delivered 20% plus year-on-year revenue growth in the first quarter of FY27 and its order book grew 17% plus since FY26 end .

Capital allocation backs that shift. For FY27, total capex is expected to be Rs 6,000 crore plus or minus 10%, with non-automotive businesses accounting for about 60% of total capex . One ongoing Aerospace capacity project in India for surface treatment has scheduled start of production in the fourth quarter of FY27 . Two new facilities in India were coming on stream in the first quarter of FY27 to cater to additional demand .

Past build-out helps explain the playbook. Motherson completed the ADI Group acquisition, a French aerospace company, on May 13, 2024 . That deal formed the core of its Aerospace division, which has since expanded product portfolio across platforms, securing orders for metallic parts, subassemblies and wire harness across business jets and rotary wing aircraft programs . Management said Aerospace remains an excellent example of how core manufacturing, engineering and system integration capabilities can be leveraged beyond automotive into high-value adjacencies . It also said it is looking meaningfully to penetrate the semiconductor business through capabilities in aerospace because they are complementary .

Funding and path to close

The deal is cash consideration . As of June 30, 2026, Motherson had gross debt of Rs 16,606 crore and liquidity of Rs 15,633 crore . Within that liquidity, unrestricted cash and cash equivalents stood at Rs 8,606 crore . Effective net debt was Rs 9,811 crore as of March 2026 . The net leverage ratio reached its lowest ever level at 0.8 times as of June 30, 2026 . That sits within the financial policy ceiling of 2.5 times and internal aspiration of staying below 1.5 times .

As of March 31, 2026, consolidated cash and equivalents stood at Rs 7,515.82 crore, total borrowings at Rs 15,894.93 crore, resulting in net debt of Rs 8,379.11 crore and a debt to equity ratio of 0.36 times .

Historically, Motherson has funded acquisitions of similar size using cash from its own operations and by issuing corporate guarantees so its subsidiaries can borrow from banks . Its stated funding policy is to keep its net leverage ratio below 1.5 times with a hard ceiling of 2.5 times and to use its strong cash flow generation to fund growth while maintaining financial discipline .

Closing depends on conditions precedent . Past acquisitions typically include conditions such as obtaining regulatory approvals, receiving exemptions from takeover panels, completing corporate registrations, and satisfying other customary closing conditions . These conditions have generally been satisfied, as shown by completed deals like Nexans Autoelectric, Yutaka Giken, Vacuform, and Nissin India. Some acquisitions have seen delays in meeting conditions, such as the HR Dhauliganga power deal pushed to the fourth quarter of FY27 and the Yutaka Giken and Vacuform acquisitions pushed from the first quarter to the second quarter of FY27.

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