Board Approval

The Board of Directors approved the results at its meeting held on August 06, 2026, which commenced at 0800 Hours (IST) and concluded at 1130 Hours (IST).

Consolidated Financial Performance (Q1 FY27)

  • Revenue from Operations: ₹35,243.77 crore
  • Total Income: ₹39,992.60 crore (including entities consolidated under equity method)
  • Profit Before Tax: ₹1,532.89 crore
  • Tax Expense: ₹457.23 crore (Current tax: ₹545.39 crore, Deferred tax credit: ₹(88.16) crore)
  • Net Profit: ₹1,075.66 crore
  • Other Comprehensive Income: ₹(143.50) crore (net of tax)
  • Total Comprehensive Income: ₹932.16 crore
  • Net Profit Attribution: Owners: ₹1,032.05 crore, Non-controlling interests: ₹43.61 crore
  • Paid-up Equity Capital: ₹1,055.44 crore (Face value: ₹1 per share)
  • Earnings Per Share (EPS): Basic ₹0.98, Diluted ₹0.98

Standalone Financial Performance (Q1 FY27)

  • Revenue from Operations: ₹3,615.65 crore (Contract with customers: ₹3,551.48 crore, Other operating revenue: ₹64.17 crore)
  • Other Income: ₹212.02 crore
  • Total Income: ₹3,827.67 crore
  • Total Expenses: ₹3,414.27 crore
  • Profit Before Tax: ₹413.40 crore
  • Tax Expense: ₹65.14 crore (Current tax: ₹71.54 crore, Deferred tax credit: ₹(6.40) crore)
  • Net Profit: ₹348.26 crore
  • Other Comprehensive Income: ₹20.99 crore (net of tax)
  • Total Comprehensive Income: ₹369.25 crore
  • Paid-up Equity Capital: ₹1,055.44 crore (Face value: ₹1 per share)
  • Earnings Per Share (EPS): Basic ₹0.33, Diluted ₹0.33

Segment Reporting (Consolidated)

Revenue Breakdown:

  • Wiring harness: ₹11,279.76 crore
  • Modules and polymer products: ₹16,694.72 crore
  • Vision systems: ₹5,654.26 crore
  • Integrated Assemblies: ₹2,949.59 crore
  • Emerging businesses: ₹4,795.28 crore
  • Total: ₹41,373.61 crore
  • Less: Inter-segment: ₹1,381.01 crore
  • Revenue including equity method entities: ₹39,992.60 crore
  • Less: Revenue from equity method entities: ₹4,748.83 crore
  • Total Revenue from Operations: ₹35,243.77 crore

Segment Results (EBITDA):

  • Wiring harness: ₹1,253.22 crore
  • Modules and polymer products: ₹1,143.61 crore
  • Vision systems: ₹520.13 crore
  • Integrated Assemblies: ₹372.21 crore
  • Emerging businesses: ₹405.13 crore
  • Total: ₹3,694.30 crore
  • Less: Inter-segment: ₹1.97 crore
  • Add: Other unallocable income: ₹9.77 crore
  • Total: ₹3,702.10 crore
  • Less: EBITDA from equity method entities: ₹597.93 crore
  • Total EBITDA: ₹3,104.17 crore

Key Financial Ratios (Consolidated)

  • Debt equity ratio: 0.40 times
  • Debt service coverage ratio: 2.19 times
  • Interest service coverage ratio: 6.36 times
  • Net worth: ₹35,880.95 crore
  • Current ratio: 1.15 times (1.07 times including current maturities)
  • Long-term debt to working capital: 2.02 times
  • Total debt to total assets: 0.15 times
  • Debtors turnover: 9.29 times
  • Inventory turnover: 8.90 times
  • Operating margin: 4.8%
  • Net profit margin: 3.1%

Key Financial Ratios (Standalone)

  • Debt equity ratio: 0.60 times
  • Debt service coverage ratio: 2.75 times
  • Interest service coverage ratio: 6.69 times
  • Net worth: ₹38,160.31 crore
  • Current ratio: 1.66 times
  • Long-term debt to working capital: 3.06 times
  • Total debt to total assets: 0.16 times
  • Debtors turnover: 6.73 times
  • Inventory turnover: 8.10 times
  • Operating margin: 9.49%
  • Net profit margin: 9.63%

Subsidiaries and Associates

The consolidated results include:

  • 65 subsidiaries and one ESOP Trust reviewed by independent auditors (Total assets: ₹72,526.35 crore, Revenue: ₹15,759.92 crore, Net profit: ₹830.73 crore)
  • 5 joint ventures reviewed by independent auditors (Group's share net profit: ₹46.22 crore)
  • 76 subsidiaries with unaudited results (Total assets: ₹6,758.01 crore, Revenue: ₹845.99 crore, Net profit: ₹0.34 crore)
  • 2 associates and 3 joint ventures with unaudited results (Group's share net profit: ₹0.05 crore)

Annexure I provides a comprehensive list of 306 subsidiaries, 2 associates, 16 joint ventures, and 1 trust.

Acquisitions and Corporate Actions

  • Completed acquisition of remaining 51% equity stake in Nissin Advanced Coating Indo Co. Limited on April 30, 2026, making it an indirect wholly owned subsidiary
  • Subsequent to quarter end, completed acquisitions of:
  • Business including assets and real estate of Nexans Autoelectric GmbH & Elektrokontact GmbH and shares in their foreign subsidiaries on July 03, 2026
  • 81% stake in Yutaka Giken Co. Ltd. and 11% stake in Shinnichi Kogyo Co. Ltd. on July 21, 2026
  • Remaining 49% stake in Vacuform 2000 (Proprietary) Limited on August 03, 2026

Auditor's Review

S.R. Batliboi & Co. LLP conducted limited review of both standalone and consolidated financial results and concluded that nothing has come to their attention that causes them to believe the statements contain any material misstatement.

Additional Information

  • Results to be uploaded on company website www.motherson.com and published in newspapers
  • Figures for previous periods have been reclassified/regrouped where necessary
  • The diluted EPS is anti-dilutive and therefore restricted to basic EPS

#Tags: #SamvardhanaMotherson #Q1Results #FY27 #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral