Motherson Wiring Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Auto Components | Market Cap: ₹25.4K Cr

The company anticipates continued revenue growth supported by expansion into greenfield projects and successful ramp-up of new customer programs. The company views the current quarter as a "work in progress" but expects improvements in coming quarters driven by industry growth and ramp-up of greenfield plants.

From Motherson Wiring's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

37

Market Cap

₹25.4K Cr

P/E Ratio

40.5

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Motherson Wiring rank in Auto Components?

Compare Motherson Wiring against every Auto Components company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Motherson Wiring — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹3.3K Cr, net profit ₹167 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • The company anticipates continued revenue growth supported by expansion into greenfield projects and successful ramp-up of new customer programs.
  • Industry growth and new model launches are expected to drive volume increases and premiumization of products.
  • Content per vehicle is projected to keep increasing due to rising vehicle features, despite new architectures like zonal and 48V architectures being explored globally.
  • Utilization of greenfield plants is expected to rise, with expansion plans contingent on reaching ~80% utilization and customer forecasts.
  • Contribution from EVs remains strong at 8.5% of revenue, reflecting the company's engine-agnostic positioning with exposure to both ICE and EV platforms.
  • Management remains optimistic about overcoming cost pressures and delivering profitable growth over the medium to long term.

📈 Profitability & Margins

Rank 3
- The company views the current quarter as a "work in progress" but expects improvements in coming quarters driven by industry growth and ramp-up of greenfield plants. - Greenfield facilities are expected to reach 90%-95% capacity utilization and deliver margins comparable to existing operations over time. - Continued focus on return on capital employed (ROCE) with targets of over 40% maintained. - EBITDA margins anticipated to improve as greenfields integrate fully into regular business operations. - Cost normalization efforts ongoing, particularly regarding raw material and wage increases, with constructive discussions with customers for cost pass-through. - Long-term growth driven by increasing content per vehicle despite evolving architectures; product portfolio complexity and features expected to rise. - Internal accruals currently sufficient for planned capex, avoiding additional debt. - Contribution from EV business expected to grow, currently at 8.5% of revenues. Overall, the company is optimistic about medium to long-term earnings growth and profitability improvements.

🏗️ Capital Expenditure Plans

Yes
  • The company is planning new facilities as part of its capex plans.
  • For the current fiscal year, all budgeted capex will be funded through internal accruals, with no immediate debt required.
  • Expansion plans are under consideration based on customer forecasts and demand; specific new large plant starts for FY25 are yet to be finalized.
  • The management indicated that once existing plants reach about 80% utilization, they plan to expand further, signaling potential future investments.
  • Further announcements on new expansion plans are expected in upcoming quarters as they finalize customer commitments and forecasts.

💰 Fundraising & Capital Structure

No information
  • For the current fiscal year, the company plans to fund its budgeted capital expenditure entirely through internal accruals.
  • There is no mention of raising debt or equity for capex in the immediate term (FY27).
  • The company is evaluating future expansion plans based on customer forecasts and industry demand, so new greenfield projects or expansions may arise in upcoming quarters.
  • No explicit mention or confirmation of future fundraising via debt or equity was disclosed in the call.
  • Management emphasized focusing on internal accruals for the current year's investments, suggesting no immediate need for external financing.

📋 Order Book & Pipeline

No information
The transcript does not explicitly mention current or expected order book or pending orders in specific numbers. However, relevant insights include: - The company is experiencing a successful ramp-up of greenfield projects and new customer programs, implying ongoing and new orders contributing to growth. - Management expressed confidence in future growth, indicating a healthy order pipeline. - Expansion plans and discussions with customers for new plants and capacity increases are ongoing, signaling expected future orders. - The company continues to be a key supplier to leading ICE and EV platforms in India, reflecting sustained demand. - Constructive customer relationships and long-term partnerships suggest a stable and growing order backlog. No explicit quantitative order book or pending order data is provided in the transcript.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Motherson Wiring Q1 FY27 results?

The company anticipates continued revenue growth supported by expansion into greenfield projects and successful ramp-up of new customer programs. The company views the current quarter as a "work in progress" but expects improvements in coming quarters driven by industry growth and ramp-up of greenfield plants.

What is Motherson Wiring share price analysis?

Motherson Wiring currently shows a below-average growth signal. The stock trades at a P/E of 40.5 with a market cap of ₹25,439 Cr. Investors should review the full earnings analysis for detailed insights.

Is Motherson Wiring planning capital expenditure?

The company is planning new facilities as part of its capex plans.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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