• The document is a regulatory filing containing the transcript of the Q4 FY26 Earnings Conference Call held on May 20, 2026.
  • The event was scheduled after the earnings announcement to discuss the quarterly and annual financial results for the period ended March 31, 2026.
  • The stated purpose was to provide a comprehensive business update, discuss financial performance, and outline strategic progress towards Vision 2030 goals.

Management Participants:

  • Mr. Vivek Chaand Sehgal, Chairman
  • Mr. Laksh Vaaman Sehgal, Director
  • Mr. Pankaj Mital, Whole Time Director and President- SAMIL
  • Mr. Gandharv Tongia, Group Chief Financial Officer
  • Mr. Rajat Jain, Chief Operating Officer, Vision Systems Business Division

Financial Highlights Discussed:

  • Q4 FY26 was the highest ever revenue quarter with revenues growing 17% year-on-year
  • Q4 EBITDA grew by 42% with margins improving 200 basis points year-on-year
  • Normalized PAT for Q4 FY26 grew by 66%
  • Full year FY26 revenues exceeded INR 1.25 Lakh Crores, growing 11% year-on-year
  • FY26 EBITDA grew by 11% with margins remaining resilient at 9.5%
  • Normalized PAT for FY26 grew by 17%
  • Reported PAT includes exceptional adjustments of INR 328 Crores post-tax for transformative measures in Europe

Strategic Business Updates:

  • Consumer electronics business scaled significantly with revenues increasing approximately 7.5x year-on-year
  • Q4 consumer electronics revenues grew 46% sequentially
  • Achieved production run rates of 14-16 million units annually
  • Consumer electronics business achieved EBITDA profitability during FY26
  • Third facility (GF3) on track for commissioning in Q3 FY27
  • Aerospace business revenues grew 40% year-on-year
  • Aerospace order book increased by over 20% to USD 1.6 Billion
  • Book business value stands at USD 96 billion with 22% from EV programs

Capital Expenditure & Financial Position:

  • FY26 capex stood at INR 5,911 Crores (49% of yearly EBITDA)
  • FY27 capex guidance: approximately INR 6,000 Crores ±10%
  • 50% growth capex, 50% maintenance capex
  • 16 facilities at various development stages globally, 13 scheduled for FY27 commissioning
  • Leverage ratio improved to all-time low of 0.8x
  • ROCE moderated to 16.1% from 17.2% previous year
  • Final dividend of INR 0.25 per share approved, total FY26 dividend of INR 0.60 per share

Compliance Statement:

The company indicated that the transcript is for compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document includes forward-looking statements with appropriate disclaimers about risks and uncertainties.

Additional Notes Section

  • The document includes the complete transcript of the earnings conference call with analyst Q&A session
  • The transcript contains detailed financial performance metrics, business segment updates, and strategic guidance
  • The transcript is available on the company's website at www.motherson.com