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Samvardhana Motherson International Ltd.

MOTHERSONConsumer Discretionary filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

12 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 12 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202302152022-12-31yes
TRANSCRIPT202305312023-03-31yes
TRANSCRIPT202308172023-06-30yes
TRANSCRIPT202408212024-06-30yes
TRANSCRIPT202411192024-09-30yes
TRANSCRIPT202502212024-12-31yes
TRANSCRIPT202506052025-03-31yes
TRANSCRIPT202508202025-06-30yes
TRANSCRIPT202511202025-09-30yes
TRANSCRIPT202602162025-12-31yes
TRANSCRIPT202605272026-03-31yes
TRANSCRIPT202608132026-06-30yes

MOTHERSON

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close162.50
52-week range101.64 – 170.68
Return 1M-2.37%
Return 3M7.11%
Return 1Y50.52%
Return 3Y151.81%
Return 5Y62.72%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations35,244.00
Other income82.00
Total income35,325.00
Cost of materials consumed19,379.00
Purchases of stock-in-trade202.00
Changes in inventories-436.00
Employee benefit expense8,946.00
Finance costs459.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.490.00
institutions foreign0.130.00
institutions domestic0.21-0.00
mutual funds0.16-0.01
public0.510.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3012

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations18,261.0020,226.0022,477.0022,462.0023,474.0025,698.0027,058.0028,868.0027,812.0027,666.0029,317.0030,212.0030,173.0031,409.0034,309.0035,244.00
Other income94.00122.0075.0053.00165.0055.0084.0071.00259.00111.00116.0080.00121.0051.0057.0082.00
Total income18,355.0020,348.0022,552.0022,515.0023,639.0025,752.0027,142.0028,939.0028,071.0027,777.0029,433.0030,292.0030,294.0031,461.0034,367.0035,325.00
Cost of materials consumed10,713.0011,542.0012,537.0012,719.0013,428.0014,212.0013,541.0015,514.0014,866.0015,450.0014,203.0016,238.0016,339.0016,644.0018,007.0019,379.00
Purchases of stock-in-trade114.00127.00129.00132.00173.0056.00107.00139.00159.00214.00262.0090.00372.00159.00367.00202.00
Changes in inventories-109.00-136.0046.00-150.00-261.00-119.00576.00-178.0058.00-1,030.001,397.00-186.00-207.00-34.0059.00-436.00
Employee benefit expense4,100.004,597.004,962.005,317.005,469.006,066.006,687.007,170.006,883.007,117.007,216.007,936.007,440.007,800.008,302.008,946.00
Finance costs184.00149.00278.00253.00488.00620.00450.00444.00546.00466.00426.00425.00387.00341.00472.00459.00
Depreciation and amortisation749.00815.00840.00839.00867.001,016.001,088.001,065.001,103.001,112.001,214.001,230.001,218.001,321.001,365.001,358.00
Other expenses2,040.002,522.002,782.002,520.002,776.003,113.003,213.003,447.003,399.003,229.003,596.003,675.003,619.003,798.003,783.004,057.00
Total expenses17,790.0019,615.0021,575.0021,629.0022,940.0024,965.0025,662.0027,602.0027,013.0026,559.0028,313.0029,408.0029,167.0030,028.0032,356.0033,965.00
Profit before exceptional items and tax565.00733.00977.00886.00699.00788.001,480.001,337.001,058.001,219.001,120.00884.001,128.001,433.002,011.001,361.00
Exceptional items-98.00-1.00-0.000.00-249.00-1.000.000.000.000.000.00-136.00-36.00-46.00-194.000.00
Profit before tax466.00732.00977.00886.00449.00787.001,480.001,337.001,058.001,219.001,120.00748.001,091.001,386.001,817.001,361.00
Current tax224.00255.00272.00311.00295.00280.00377.00439.00343.00428.00166.00443.00319.00371.00553.00545.00
Deferred tax-53.00-38.00-18.00-50.00-66.00-62.00-264.00-91.00-50.00-91.00-29.00-177.0072.0083.00-125.00-88.00
Tax expense171.00217.00254.00261.00229.00218.00113.00348.00294.00337.00137.00266.00391.00454.00428.00457.00
Profit for the period288.00501.00699.00648.00294.00633.001,444.001,097.00949.00984.001,115.00606.00846.001,072.001,562.001,076.00
Profit attributable to owners246.00454.00654.00601.00202.00542.001,372.00994.00880.00879.001,050.00512.00827.001,024.001,497.001,032.00
Profit attributable to non-controlling interests42.0047.0045.0047.0093.0091.0072.00103.0069.00106.0065.0094.0019.0049.0064.0044.00
Other comprehensive income-558.00671.00-17.00-162.00-291.00181.00-293.00-421.00809.00-715.00138.00583.00763.00545.001,414.00-144.00
Total comprehensive income-270.001,172.00682.00486.003.00814.001,151.00676.001,758.00270.001,253.001,189.001,609.001,618.002,976.00932.00
Earnings per share, basic0.360.670.970.890.300.802.021.471.291.251.490.480.780.971.420.98
Earnings per share, diluted0.360.670.970.890.300.802.021.471.291.251.490.480.780.971.420.98

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations63,523.0063,537.0057,370.0063,536.0078,701.0098,692.00113,663.00126,104.00
Other income220.00231.00229.00496.00257.00188.00558.00311.00
Total income63,743.0063,768.0057,599.0064,032.0078,958.0098,879.00114,220.00126,414.00
Cost of materials consumed36,369.0035,547.0032,676.0036,805.0045,175.0053,900.0060,033.0067,229.00
Purchases of stock-in-trade534.00710.00103.00183.00465.00468.00774.00987.00
Changes in inventories-165.0015.00-181.00-251.00-324.0047.00246.00-369.00
Employee benefit expense14,169.0015,077.0014,100.0015,375.0017,931.0023,538.0028,387.0031,478.00
Finance costs423.00599.00511.00543.00781.001,811.001,882.001,624.00
Depreciation and amortisation2,058.002,778.002,926.002,958.003,136.003,810.004,493.005,134.00
Other expenses7,267.006,987.006,313.006,964.009,244.0011,452.0013,672.0014,876.00
Total expenses60,656.0061,712.0056,448.0062,575.0076,410.0095,027.00109,486.00120,959.00
Profit before exceptional items and tax3,087.002,055.001,151.001,456.002,548.003,852.004,734.005,455.00
Exceptional items0.000.00-62.00-48.00-99.00-250.000.00-414.00
Profit before tax3,087.002,055.001,088.001,408.002,449.003,603.004,734.005,042.00
Current tax1,186.00904.00607.00731.00940.001,263.001,376.001,686.00
Deferred tax-84.00-86.00-676.00-125.00-205.00-442.00-261.00-147.00
Tax expense1,102.00818.00-69.00607.00735.00821.001,116.001,539.00
Profit for the period2,098.001,294.001,569.001,182.001,670.003,020.004,146.004,086.00
Profit attributable to owners1,613.001,170.001,039.00874.001,496.002,716.003,803.003,860.00
Profit attributable to non-controlling interests485.00124.00530.00308.00174.00303.00343.00226.00
Other comprehensive income-18.00263.00322.00220.00629.00-566.00-190.003,306.00
Total comprehensive income2,080.001,557.001,891.001,401.002,299.002,454.003,956.007,391.00
Earnings per share, basic5.113.713.292.502.214.015.503.66
Earnings per share, diluted5.113.713.292.502.214.015.503.66

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets57,212.0061,852.0078,236.0085,022.0097,879.0092,847.00100,834.00110,495.00
Non-current assets33,458.0035,072.0040,990.0044,750.0048,161.0048,905.0053,193.0058,367.00
Current assets23,755.0026,779.0037,246.0040,272.0049,718.0043,942.0047,642.0052,129.00
Property, plant and equipment16,020.0017,563.0018,873.0021,654.0022,927.0023,829.0025,760.0028,469.00
Capital work-in-progress1,058.001,422.002,277.002,431.002,693.002,607.003,127.004,016.00
Goodwill3,460.003,773.005,742.005,750.006,533.006,554.007,039.007,309.00
Other intangible assets1,377.001,312.002,224.002,134.002,232.002,107.001,980.001,922.00
Inventories7,308.007,823.008,785.009,139.0011,283.0010,787.0012,700.0012,647.00
Trade receivables7,365.008,513.0014,921.0015,637.0017,155.0017,431.0017,483.0019,881.00
Cash and cash equivalents3,962.004,538.005,521.006,743.0012,081.005,643.006,481.007,516.00
Total equity and liabilities57,212.0061,852.0078,236.0085,022.0097,879.0092,847.00100,834.00110,495.00
Equity22,460.0024,377.0024,434.0028,216.0034,740.0037,129.0039,605.0043,659.00
Equity share capital452.00678.00678.00678.00704.00704.001,055.001,055.00
Other equity20,248.0021,774.0021,858.0025,477.0031,930.0034,177.0036,077.0039,924.00
Total liabilities34,752.0037,475.0053,802.0056,806.0063,138.0055,719.0061,230.0066,836.00
Non-current liabilities8,354.009,959.0014,633.0015,086.0019,010.0013,649.0017,357.0017,654.00
Current liabilities26,399.0027,515.0039,169.0041,720.0044,129.0042,069.0043,872.0049,182.00
Borrowings, non-current5,149.006,618.0010,290.009,981.0015,532.0010,017.0012,389.0010,250.00
Borrowings, current7,522.005,547.008,938.007,371.009,886.007,204.007,388.005,644.00
Trade payables11,959.0014,136.0020,674.0022,617.0023,539.0023,669.0024,832.0028,165.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities808.004,643.001,273.007,569.001,428.006,286.003,419.0011,284.00
Net cash from investing activities-866.00-2,245.00-5,152.00-6,662.00-3,068.00-4,862.00-2,390.00-6,124.00
Net cash from financing activities-858.00-2,734.004,849.001,281.006,967.00-2,551.00-190.00-3,275.00
Purchase of property, plant and equipment853.002,221.002,079.004,125.001,994.004,561.002,695.006,054.00
Net increase in cash-916.00-339.00983.002,205.005,338.00-1,101.00838.001,873.00
con:CFO.BEFORE_TAX824.005,497.001,974.009,004.002,314.008,106.004,190.0012,975.00
con:INTEREST_RECEIVED.OPERATING-27.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING-353.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING341.00853.00701.001,435.00885.001,820.00770.001,691.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.00243.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.00-1.000.00
con:PPE_DISPOSALS22.0038.0017.00115.0036.00128.0042.00143.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED148.00259.003,063.002,723.00848.00552.0070.00275.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.00250.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-09-302023-12-312024-03-312024-06-302024-09-202024-09-302024-12-312025-03-312025-06-302025-07-212025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group64.7764.7860.3660.3658.1358.1358.1358.1348.6048.600.490.490.490.49
Domestic institutions15.0015.3418.2818.1519.9119.9319.2521.0020.7420.670.210.220.210.21
Mutual funds————————16.0915.930.160.170.170.16
Insurance companies2.682.692.633.003.313.313.343.313.343.390.030.030.030.03
Foreign institutions11.4110.7712.4412.8713.5113.4714.3212.4212.6212.670.120.120.120.13
Government————————0.000.000.000.000.000.00
Public35.2335.2239.6439.6441.8741.8741.8741.8751.4051.400.510.510.510.51
Non-institutional8.839.108.928.628.468.488.308.4418.0418.050.180.180.180.18
Shares outstanding6776421366677642136667764213666776421366703629506770362950677036295067703629506770362950671055444260110554442601105544426011055444260110554442601

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Motherson Sumi Wiring India LimitedJoint venture of listed entityAny other transaction, Dividend received, Purchase o20,344,970,000.0068
SEI Thai Electric Conductor Co., Ltd.Other related partyAny other transaction, Purchase of goods or services6,152,840,000.002
Kyungshin Industrial Motherson Pvt. Ltd.Joint venture of listed entityAny other transaction, Purchase of goods or services3,143,140,000.0031
Motherson Technology Service Limited (Formerly MothersonSumiFellow Subsidiary CompanyAny other transaction, Interest paid, Interest recei2,737,150,000.00238
Systematic Conscom Ltd.Other related partyAny other transaction, Dividend received, Purchase o2,022,130,000.0044
Eissmann SMP Automotive Interieur Slovensko s.r.o.Joint venture of fellow subsidiaryAny other transaction, Loan, Purchase of goods or se1,904,040,000.009
Modulos Rivera Alta S.L.U.Fellow Subsidiary CompanyAny other transaction, Interest paid, Loan, Purchase1,639,510,000.008
SMP Automotive Technology Ibérica, S.L.Fellow Subsidiary CompanyAny other transaction, Interest received, Loan, Purc1,435,440,000.0010
Foshan Peguform Automotive Plastics Technology Co. Ltd.Fellow Subsidiary CompanyAny other transaction, Purchase of goods or services1,311,590,000.008
Yachiyo of OntarioManufacturing, Inc.Fellow Subsidiary CompanyAny other transaction, Interest paid1,279,110,000.003
Motherson SAS Barcelona S.L.U.(formerly Samvardhana MothersoFellow Subsidiary CompanyAny other transaction, Sale of goods or services1,206,350,000.004
Sumitomo Wiring Systems Ltd.Joint control over the entityAny other transaction, Dividend paid, Purchase of fi1,139,460,000.0017
Jiangsu Huakai-PKC Wire Harness Co., Ltd.Fellow Subsidiary CompanyAny other transaction, Dividend received, Purchase o947,260,000.0011
Wuxi Smr Automotive Parts Company LimitedJoint venture of fellow subsidiaryAny other transaction, Purchase of goods or services901,870,000.007
Yachiyo of America, Inc.Fellow Subsidiary CompanyAny other transaction, Interest paid852,730,000.003

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-13Q1FY27Mr. Gandharv Tongia, Mr. Laksh Vaaman Sehgal, Mr. Pankaj Mital, Mr. Rajat JainRead the call
2026-05-27Q4FY26Mr. Gandharv Tongia, Mr. Laksh Vaaman Sehgal,, Mr. Pankaj Mital,Read the call
2026-02-16Q3FY26Mr. Gandharv Tongia, Mr. Laksh Vaaman Sehgal,, Mr. Vivek Chaand Sehgal,Read the call
2025-11-20Q2FY26Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Vivek Chaand Sehgal,, motherson •IIRead the call
2025-08-20Q1FY26Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Pankaj Mital,, Mr. Vivek Chaand Sehgal,Read the call
2025-06-05Q4FY25Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Pankaj Mital,, Mr. Rajat Jain,, Mr. VivekRead the call
2025-02-21Q3FY25Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Pankaj Mital,, Mr. Rajat Jain,, Mr. VivekRead the call
2024-11-19Q2FY25Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Vivek Chaand Sehgal,Read the call
2024-08-21Q1FY25Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,Read the call
2023-08-17Q1FY24Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Pankaj Mital,, Mr. Rajat Jain,, Mr. VivekRead the call
2023-05-31Q4FY23Read the call
2023-02-15Q3FY23Mr. Kunal Malani,, Mr. Laksh Vaaman Sehgal,, Mr. Pankaj Mital,, Mr. Vivek Chaand Sehgal,Read the call

What they said about it, quarter by quarter

TopicQ2FY25Q2FY26Q3FY23Q3FY25Q3FY26Q4FY23Q4FY25Q4FY26
CapexTo stay aligned with the market conditions, we have recalibrated our capex estimates by FY'25.We continue to invest to support our growth ambitions with a large part of our CAPEX going towards setting up avenues for growth.The improved performance and focus on capex has decreased the leverage ratio to 1.8x versus 2x in the previous quarter.To greet with the changing market dynamics, we have further recalibrated our Capex estimates for FY '25.In addition to delivering strong financial performance, we continue to maintain disciplined capital allocation with approximately INR 1,594 crores bei…Secondly, on the investments and deleveraging, you mentioned that next year's capex is going to be higher, plus you will also have payouts for some of…50% of this is regular capex and 50% is purely growth-oriented.Another key enabler of our long-term growth continues to be sustained investment in capex.
Capital allocationThere is a one-time adjustment for fair valuation gain in respect of the acquisition of the controlling interest in erstwhile joint venture with Sojit…And it's been a huge success, even with Yachiyo, which was the first acquisition that we got through Honda-san.—You mean, with the acquisition itself or with the growth?This acquisition is expected to be completed by the end of H1 FY '26.—Additionally, this provides us multiple acquisition opportunities to solve supply chain problems for our customers and remaining true to our vision of…We also completed the acquisition of another Honda San asset, further strengthening our strategic relationship with that customer group.
Costs——So even when the oil prices went significantly higher, even though our raw material costs did move up, it's not always in the same 1:1 level, as you c…Presumably if that gets resolved, at least some of the cost pressures on the energy may ease out as we move forward and these are at least two immedia…——Any cost pressures you would like to call out?We have long- term pass-through arrangements with our major customers for raw material price variations.
Debt and cashAll this coupled with logistics and supply challenges have led to increased inventory and working capital requirements.On ROCE, we are at 14.2% as at the end of September 2025, impacted by the transitionary impact on profitability in the first quarter, early stage ramp…Net debt actually reduced by about EUR 50 million versus previous quarter.This development should help us to release working capital by the end of the year.—And the second question is with regard to the debt, working capital and interest cost.This implied higher receivables and inventories, and consequently higher working capital.So, wherever it is unfavorable or moving in that direction, with the cash flow generation that we are doing, we will have a significant opportunity to…
DemandIn Europe, for example, it is being attributed to delay in new launches due to lower than anticipated demand for electric vehicles.And in the order book, you see a dip from 24% to 22%, which is largely reflective of what Vaaman was saying in terms of new launches that are happenin…And hence, we are not tracking exactly as the market, in fact, outperforming with the strong order book and the launch, and we had already shown how o…Samvardhana Motherson International Limited February 14, 2025 The industry remains in a transitional phase as global OEMs continue to navigate the shi…The aerospace order book has been consistently growing, supported by product portfolio expansion.And thank you for sharing order book details for both, the upcoming and ongoing programs in presentation.As you know that the order book of that business is generally small.The order book increased by over 20% to USD1.6 Billion, providing strong term -- strong long-term visibilityWe also expanded our product portfolio acr…
GuidanceAs some of these aberrations normalise and we get full impact of acquired businesses and EBIT, we anticipate further improvements in ROCE.Looking ahead, we expect production momentum to strengthen as most premium automakers are nearing completion of their platform transitions and are all…Given the continued volatile sales of variables in this world, we expect that this conversation will be a regular feature for some time into the futur…We are now estimating to have a reduced spend of about 4,500 crores plus minus 5% versus the earlier guidance that we gave you of 5,000 crores plus mi…So earlier this year, we gave guidance of around INR 6,000 crores plus 10%.On the energy price, while we have seen a sizable decline happen in this quarter and ongoing as well, we anticipate at least up till now that things a…Looking at all these new developments, our capex guidance for the next year and including for our existing business is about INR 6,000 crores plus or …We continue to remain constructive and bullish on the CV outlook for FY 27.
MarginSAMIL reported quarterly revenues of approximately INR 27,800 crores, up 18% with a reported EBITDA of INR 2,641 crores, up 32%.I am pleased to share that we have delivered double-digit growth across normalised EBITDA and PAT over the same period last year.We generated double-digit growth in EBITDA profit on Q-on-Q basis, nearly 5x bottom line on a year-on-year basis, enabled by improved performance by a…On profitability, we have delivered a robust performance with 10% EBITDA margin driven by our focus on operational and cost control measures.Samvardhana Motherson International Limited February 10, 2026 Coming to the Q3 FY’26 performance, I am pleased to inform that SAMIL continued to build…Secondly, energy costs have reduced, considering the current natural gas prices, which continue to correct, would you expect further margin benefits i…While delivering an all-round growth and expansion, we remain focused on free cash flow and are able to bring the leverage ratio to the lowest level a…EBITDA margins improved by 200 basis points year- on-year in the fourth quarter.
People—Again question I had, you talked about hiring 5,000 engineers and also expanding capabilities in GenAI.—————Look, the third plant utilization is zero right now because it's in start-up phase and then you will do the testing prototypes and all of that and tha…
Pricing——So just to clear that, since energy prices are actually declining, you may not require those kind of price increases from your customers, which are, w…—————
Revenue growthIn terms of bottom line, our reported PAT for concerned share is INR 880 crores registering a growth of 336% on a year- on-year basis.The growth was contributed by volume and content and as well, addition of an acquired asset Atsumitec, which we informed you all earlier.Europe was also up by 18%, but North America was down by 6%, resulting at an aggregate industry volume growth of 5%.So just wanted to understand what is our exposure to these countries and as you mentioned in your introductory message that most of the things will be…Samvardhana Motherson International Limited February 10, 2026 Evident in the accelerating growth of our consumer electronics and aerospace businesses,…So that also is helping to then reflect in the top line growth.The number of all the groups and everything put together, we are targeting for 2030 will be US$108 billion on the top line.Growth was broad-based across businesses and geographies and was further supported by the successful integration and scale-up of Atsumitec.

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2024-11-19Q2FY25Mr. Laksh Vaaman Sehgal,We are now estimating to spend INR 5,000 crores +/- 5% versus the earlier guidance of INR 5,000 crores +/- 10%.
2025-06-05Q4FY25Mr. Laksh Vaaman Sehgal,Consumer electronics is having a very rapid ramp-up and is on track to reach a capacity of 15 to 17 million units by the end of FY '26.
2025-06-05Q4FY25Mr. Laksh Vaaman Sehgal,Looking at all these new developments, our capex guidance for the next year and including for our existing business is about INR 6,000 crores plus or minus 10%.
2025-08-20Q1FY26Mr. Laksh Vaaman Sehgal,As of now, we remain in line with our capex guidance of about INR 6,000 crores plus/minus 10%.
2025-08-20Q1FY26Mr. Kunal Malani,And it is in combination of these 2 facilities that we said we should be able to ramp up to somewhere between the 15 million to 17 million unit levels by the end of FY '26.
2026-02-16Q3FY26Mr. Laksh Vaaman Sehgal,The consumer electronics business is ramping up as planned with 2 operational plants on track to achieve an annual capacity of approximately 16 million units by end of the current fiscal year.
2026-02-16Q3FY26Mr. Gandharv TongiaSo earlier this year, we gave guidance of around INR 6,000 crores plus 10%.
2026-05-27Q4FY26Mr. Laksh Vaaman Sehgal,During Q4, we achieved production run rates in line with our targeted annual guidance of 14 million to 16 million units.
2026-05-27Q4FY26Mr. Gandharv TongiaFor FY27, we expect capex of approximately INR 6,000 Crores plus/minus 10%, of this 50% will be growth capex and 50% maintenance capex.
2026-08-13Q1FY27Mr. Gandharv TongiaWe spent INR 1,614 crores on capex in the first quarter, in-line with our full year guidance of INR 6,000 crores, plus/minus 10%.