Remains debt-free while pursuing strategic expansion; EV segment contributes 5.4% to Q1 revenue
#MSWIL #Q1Results #AutomobileIndustry #EVGrowth #GreenfieldExpansion #DebtFreeCompany #WiringHarness #AutoComponents #OEMs #MothersonGroup #ElectricVehicles #FinancialPerformance
Chandigarh – Motherson Sumi Wiring India Limited (MSWIL), a leading wiring harness manufacturer for the automotive sector, today announced its financial results for the first quarter of fiscal year 2025–26, ending June 30, 2025. The company reported consolidated revenues of ₹2,338 crore, marking a robust 14% year-on-year (YoY) growth, significantly outpacing the domestic auto industry’s growth rate of 3% during the same period.
Despite macroeconomic headwinds and evolving market dynamics, MSWIL continues to maintain its debt-free status, reflecting prudent financial management and a strong balance sheet.
Commentary from Leadership
Mr. Vivek Chaand Sehgal, Chairman of Motherson Sumi Wiring India Ltd., expressed optimism about the company’s trajectory:
“The company has delivered a robust year-on-year revenue growth, significantly outpacing the industry’s expansion. This reflects our competitiveness and strong relationship with customers, which has enabled us to be present in their key existing and new model launches.”
He acknowledged some near-term challenges, particularly in the ramp-up of a Greenfield project, attributing the slower pace to current market conditions. However, he reaffirmed the company’s commitment to long-term growth and operational excellence:
“Our commitment to operational excellence and customer partnership positions us well for sustained growth and value creation in the coming quarters.”
Key Highlights – Q1 FY26
-
Revenue stood at ₹2,338 crore, reflecting a 14% YoY growth, well ahead of the industry average.
-
The company’s profitability excluding Greenfield operations remained stable, and margins are expected to improve further as new units ramp up.
-
One of the Greenfield facilities began production during Q1 FY26, with further scale-up anticipated in the subsequent quarters.
-
Electric vehicle (EV) segment contributed 5.4% of total revenue during the quarter, underscoring MSWIL’s growing role in the EV ecosystem.
-
The company continues to remain debt-free, enabling flexibility for future investments.
Strategic Outlook
Motherson Sumi Wiring India is actively executing its strategic expansion plans to meet the evolving requirements of original equipment manufacturers (OEMs). The company remains focused on increasing content per vehicle, expanding presence in new model launches, and aligning with the rising demand from electric and hybrid vehicle platforms.
The gradual ramp-up of new Greenfield units is expected to unlock additional capacity and drive margin enhancement in the coming quarters. Management reiterated that despite short-term headwinds, the company is well-positioned for sustainable and profitable growth.
#MSWIL #Q1Results #AutomobileIndustry #EVGrowth #GreenfieldExpansion #DebtFreeCompany #WiringHarness #AutoComponents #OEMs #MothersonGroup #ElectricVehicles #FinancialPerformance #SustainableGrowth
