MS

Motherson Sumi Wiring India Ltd

Q3 FY26Auto Components

Motherson Sumi Wiring India Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price38
Market cap₹27.2K Cr
P/E43.3
Updated23 Aug 2026
Read4 min read

The short version

Indian automotive industry is demonstrating very healthy growth, supporting MSWIL’s future growth. MSWIL expects continued growth driven by healthy industry expansion and increased localization.

From Motherson Sumi Wiring India Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Indian automotive industry is demonstrating very healthy growth, supporting MSWIL’s future growth.
  • MSWIL expects continued ramp-up of volumes as new models launch, with Greenfield plants approaching optimal utilization within 2-3 quarters.
  • Growth drivers include increasing penetration in passenger vehicles (PV: 19% YoY growth), commercial vehicles (CV: 18% YoY growth), and two-wheelers (15% YoY growth).
  • MSWIL is supplying to all OEM categories, with 25% overall YoY growth in sales.
  • The company is strategically positioned across ICE, EV, and hybrid platforms, supporting future demand.
  • Greenfield investments will further strengthen scale and competitiveness in medium to long term.
  • Ramp-up of EV programs and powertrain projects expected in Q4 and beyond, indicating volume growth.
  • New facilities planned proactively to maintain capacity above 80% utilization and support OEM launches.
  • Overall, MSWIL expects steady, positive growth in revenue and volumes aligned with industry trends and customer demand.

Profitability & Margins

See what Motherson Sumi Wiring India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • For the current fiscal year, Motherson Sumi Wiring India Limited (MSWIL) projected a capex of INR 220 crores, out of which INR 150 crores have already been incurred.
  • The company expects to continue as per the plan for the remaining period of the year.
  • Discussions and budgeting for next year's capex are ongoing, based on customer plans, and clarity on these numbers is likely to be provided in the next quarter.
  • MSWIL's greenfield plants are ramping up, with utilization expected to reach optimal levels in the coming quarters, supporting strategic growth in ICE, EV, and hybrid platforms.
  • The greenfield investments are viewed as strategic initiatives positioning MSWIL for future growth and enhanced competitiveness.
  • Capex investments support localization and scale to meet evolving customer requirements and new model launches.

Top-ranked in Auto Components

Ranked on what management guided this quarter

5x potential
1Divgi Torq
Rev 1Mar 3
2OBSC Perfection
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Motherson Sumi Wiring India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not explicitly provide detailed current or expected order book or pending orders information for Motherson Sumi Wiring India Limited (MSWIL). However, relevant insights include: - The company is experiencing healthy volume ramp-ups at its greenfield plants (Gujarat, Kharkhoda, Pune), indicating ongoing and growing orders. - New launches and ramp-ups of EV and ICE powertrain products are progressing, particularly in Q4 and the coming quarters. - MSWIL’s growth of 25% year-on-year is supported by supplies across all major vehicle segments (PVs, 2-wheelers, CVs) and to all key OEMs in India. - The company is continuously scouting for additional land and facilities once utilization hits around 80%, reflecting a positive order pipeline and expected demand growth. - No explicit figures on pending or confirmed order backlog were disclosed in this call. Thus, the overall tone indicates a strong and growing orderbook aligned with OEM industry trends and new product launches.

Motherson Sumi Wiring India Ltd — 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. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Motherson Sumi Wiring India Ltd Q3 FY26 results?

Indian automotive industry is demonstrating very healthy growth, supporting MSWIL’s future growth. MSWIL expects continued growth driven by healthy industry expansion and increased localization.

What is Motherson Sumi Wiring India Ltd share price analysis?

Motherson Sumi Wiring India Ltd currently shows a neutral. The stock trades at a P/E of 43.3 with a market cap of ₹27,170 Cr. Investors should review the full earnings analysis for detailed insights.

Is Motherson Sumi Wiring India Ltd planning capital expenditure?

For the current fiscal year, Motherson Sumi Wiring India Limited (MSWIL) projected a capex of INR 220 crores, out of which INR 150 crores have already been incurred.

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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.