MSWIL Q1FY26 Results: Revenue Grows 14.1% YoY to ₹2,494 Cr; Maintains Debt-Free Status

Noida, July 28, 2025 — Motherson Sumi Wiring India Ltd (NSE: MSUMI, BSE: 543498) delivered strong financial performance for the first quarter of FY26, with consolidated revenue rising 14.1% year-on-year to ₹2,494 crore. The company maintained its debt-free position while continuing to invest in strategic expansion, including the ramp-up of Greenfield projects.

MSWIL Share Price Performance

On July 28, 2025, the share price for Motherson Sumi Wiring India Ltd (MSWIL) closed at around ₹40.01. The opening price was ₹40.30, and the previous day’s share price was ₹40.49, indicating a somewhat negative trend compared to the last day’s close. The price has fluctuated intra-day, with a low price of ₹39.32 and a high price of ₹40.97.

Financial Highlights 

The company’s revenue for Q1 FY26 stood at ₹2,494 crore, representing a 14.1% increase from Q1 FY25, and EBITDA increased by 2.1% to ₹244 crore. PAT fell 4% to ₹143 crore. If we exclude Greenfield operations, revenue for the quarter increased by 7.2% YoY to ₹2,338 crore, and EBITDA increased by 7.4% to ₹275 crore. PAT increased 4.3% to ₹169 crore.

Business & Strategic Highlights

• Greenfield Ramp-Up: One Greenfield unit commenced production in Q1FY26; others are expected to contribute more in the upcoming quarters.
• Electric Vehicle (EV) Revenue: Share of EV business stood at 5.4% for the quarter.
• Industry Outperformance: While the broader industry grew by 3%, MSWIL recorded a 14.1% YoY revenue growth.
• Operational Resilience: Profitability remains stable, excluding Greenfields, and further improvement is anticipated as capacities increase.

Management Commentary

Chairman Vivek Chaand Sehgal said: “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. While the ramp-up at a specific Greenfield project is growing at a slower-than-expected rate due to market dynamics, we remain on track with our strategic expansion plans to support future requirements of OEMs. Our commitment to operational excellence and customer partnership positions us well for sustained growth and value creation in the coming quarters.”

Strategic Outlook

Motherson Sumi Wiring continues to align itself with the growing demand for premiumisation and vehicle electrification. Its position as a full-system wiring solutions provider places it well to meet the evolving requirements of Indian and global OEMs.

About Motherson Sumi Wiring India Limited

Motherson Sumi Wiring India Limited is a joint venture between Samvardhana Motherson International Ltd (SAMIL) and Sumitomo Wiring Systems, Ltd. The company provides end-to-end wiring harness solutions to OEMs and plays a critical role in the electrification and digitalisation of vehicles. It is listed on NSE and BSE under the ticker MSUMI.

REF:https://nsearchives.nseindia.com/corporate/MSWIL_28072025150012_MSWIL-Press-Release-on-Q1-FY26.pdf

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