Samvardhana Motherson International Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price

INTRODUCTION

Samvardhana Motherson International Limited (formerly Motherson Sumi Systems Limited), or SAMIL, is a leading global manufacturer and system solutions provider for automotive and other industries. As one of the largest suppliers to OEMs worldwide, SAMIL offers a diverse portfolio including electrical systems, vehicle modules, automotive vision systems, plastics, rubber components, and advanced technologies like telematics. Expanding into sectors such as health and aerospace, SAMIL's capabilities cater to a wide range of industries with automotive as its core focus.

Samvardhana Motherson International Ltd moves in 2024:

• Samvardhana Motherson reported a 35.79% sales growth, reaching Rs 2,366.22 Cr in the latest quarter. The inventory turnover ratio is 9.16, reflecting poor inventory management. Year-over-year, the company saw a -3.26 % profit loss, with profits decreasing to Rs 773.50 Cr from Rs 799.60 Cr. The latest quarterly operating profit is Rs 255.05 Cr. ROE stands low at 2.48%. The Samvardhana Motherson share price is Rs 190.31 as on June 28,2024.

Evolution of Samvardhana Motherson International Ltd: From Past to Present:

Past:

• Founded in 1975 by Vivek Chaand Sehgal and his mother as a silver trading business, Motherson quickly diversified into power cables by 1977. In 1983, a partnership with Tokai Electric led to the formation of Motherson Sumi Systems in 1986, primarily manufacturing wiring harnesses for Maruti Udyog. The company expanded aggressively through acquisitions, including Wexford Electronics in 2002, Empire Rubber in 2006, Visiocorp’s rearview mirror business in 2009, and Peguform in 2011. By 2019, Motherson had grown into a major global player, acquiring Stoneridge Inc's wiring harness business, the Finnish PKC Group, Reydel Automotives, and Bombardier Transportation’s UK electrical component business.

Present:

• In 2020, Motherson restructured its wiring harness operations, creating Motherson Sumi Wiring India Limited, which became a listed company in 2022. The holding company merged with Motherson Sumi Systems. Recent acquisitions include Ichikoh's mirror division in 2022, and in 2023, stakes in Saddles International, SAS Autosystemtechnik, Yachiyo Industry’s four-wheeler business, and the Dr. Schneider Group. These moves have solidified Samvardhana Motherson’s position as a leading global automotive supplier.

 

Timeline of  Samvardhana Motherson International Ltd :

 

 

Inside Samvardhana Motherson International Ltd: Exploring Products/Brands

 

Samvardhana Motherson International Ltd

 

Corporate actions: 2023, Samvardhana Motherson International Ltd declared a dividend of Rs. 0.65 per share.

 

Main News:

• Samvardhana Motherson International Limited announced its Q4 FY2024 results on May 29, reporting a consolidated PAT of Rs. 1,444.00 crore. Total revenue for the quarter increased by 20.35% year-over-year to Rs. 27,141.82 crore, with a ROCE of 17% for FY2024.

Current Samvardhana Motherson share price NSE:

 

 

Achievements and Milestones:

• Vivek Chaand Sehgal of Motherson Sumi Systems, the flagship company of the Samvardhana Motherson Group, was named the EY Entrepreneur of The Year 2016.

• In FY22-23, the Motherson Group was honored with the esteemed King's Award for Enterprise in Quality.

• The Motherson Group also earned the Paccar PPM Quality award for Wiring Harness.

• The company was recognized as an SPM Achiever for Wiring Harness by Paccar.

• Motherson received the Quality Achievement award for Wiring Harness from Paccar.

• The Government of China honored Motherson with the Functional Institutions of Multinational Enterprises in Suzhou award for Wiring Harness.

CONCLUSION

In conclusion, Samvardhana Motherson International Ltd., formerly Motherson Sumi Systems Ltd., stands as a global leader in automotive and industrial solutions, marked by its diverse product range and strategic expansions. Despite challenges, including a -3.26% profit loss, the company reported robust sales growth and an operating profit of Rs 255.05 Cr in 2024, influencing Samvardhana Motherson share price. From its beginnings in 1975 as a silver trading business, Samvardhana Motherson has grown through key acquisitions and restructuring efforts, exemplified by recent milestones like listing Motherson Sumi Wiring India Ltd. and acquiring Ichikoh's mirror business. Recognized with prestigious awards for quality and innovation, Samvardhana Motherson continues to strengthen its global presence and market position in the automotive industry.

 

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Frequently Asked Questions:

 

1. Where can I find real-time updates on the Samvardhana motherson share price?

Explore the latest Samvardhana motherson share price and real-time stock price updates on Enrich Money's stock analysis page here.

 

2. What has been the peak Samvardhana Motherson share price in the last 52 weeks?

52 Week's highest Samvardhana Motherson share price is Rs 91.67, while 52 Week's lowest Samvardhana Motherson share price is Rs 61.80

 

3. How has Samvardhana Motherson's revenue growth compared to the industry average?

Over the past 5 years, Samvardhana Motherson has seen an average yearly revenue growth of 6.88%, compared to the industry average of 8.29%, influencing its Samvardhana Motherson share price.

4. What has been the trend in Samvardhana Motherson's net income growth?

Samvardhana Motherson's net income has declined at an average yearly rate of -1.3% over the last 5 years, while the industry has grown at 5.07%, impacting its Samvardhana Motherson share price.

 

5. How has Samvardhana Motherson's market share changed in the past 5 years?

Samvardhana Motherson's market share decreased from 27.52% to 26.71% over the last 5 years, which may affect its Samvardhana Motherson share price.