About Motherson Sumi Wiring Share Price

SAMIL Group is a leading player in the Automotive Wiring Harness segment which was named as Motherson Sumi Wiring India Limited. The company was incorporated in FY22 as a result of demerger of SAMIL's automotive wiring harness business for Indian OEMs into a separate entity. This also facilitated MSWIL to Focus with the wiring harness industry by tapping into its robust engineering know-how by being allied with Sumitomo Wiring Systems, Ltd. which is a world leader with its reputation for manufacturing wiring harness along with its other related components. This JVC team converted maximum from the SAMIL cum Sumitomo synergies and made itself as one of the most potent JVCs existing globally. For investors, tracking the Motherson Sumi Wiring share price provides insights into the company’s market performance. As of recent data, the Motherson Sumi Wiring India share price on BSE can offer valuable information about its stock performance.

History of Motherson Sumi Wiring India Limited

From there, Motherson Sumi Wiring India Ltd. went on to achieve market leadership in the Indian wiring harness industry, with a market share of over 40%. The company specializes in the manufacture of wiring harnesses, which are the integral components that combine and connect different electrical systems within vehicles. Its operations are characterized by an extensive network of facilities across India, thus enabling the company to serve a wide array of automotive segments.

Presently, MSWIL operates 26 wiring harness plants as of FY23, including recent expansions consisting of two new plants at Noida and one at Chennai. The facilities are in proximity to key automotive clusters and OEM locations for timely and quick delivery of products. With a workforce of over 45,000 employees, MSWIL has emerged as one of the major employers in the industry, which reflects its strong operational scale.

Business Segments of MSWIL

Passenger Vehicles: This represents the single largest source of revenue for MSWIL and signifies the strong position the company enjoys in the passenger car market.

Commercial Vehicles : This covers wiring solutions for commercial transport and forms a big value addition to the revenues of the company.

Two-wheelers account for approximately: MSWIL manufactures wiring harnesses for motorcycles and scooters to serve the growing requirements of two-wheelers in the automotive sector.

Off-road, agriculture, and farm equipment: The company utilizes 10% of its products to manufacture special wiring for agricultural and off-road machinery.

Others: 6% consists of other miscellaneous applications and industries that involve wiring harness solutions.

Financial Performance of Motherson Sumi Wiring India Limited

Investors often look at metrics like the Motherson Sumi Wiring share price target to gauge future expectations and investment potential. Regular updates on the Motherson Sumi Wiring share price BSE reflect the company’s financial health and market position. Below is the financial performance of Motherson Sumi Wiring India Limited which might have impacted the share price of the company.

The company reported a net profit of ₹123.13 crore for the same quarter last fiscal year.
During the current review period, total revenue from operations reached ₹2,184.84 crore, up from ₹1,871.84 crore in the previous year.
Total expenses also increased, amounting to ₹1,991.46 crore compared to ₹1,706.25 crore last year.

Key Personnel at Motherson Sumi Wiring India Limited

Below is the list of the management team of Motherson Sumi Wiring Limited along with their designation.

Mr. Anupam Mohindroo serves as an Independent Director.
Mr. Anurag Gahlot is the Whole Time Director & COO.
Mr. Arjun Puri is an Independent Director.
Mr. Geeta Mathur holds the position of Independent Director.
Mr. Laksh Vaaman Sehgal is a Director.
Mr. Mahender Chhabra is the Chief Financial Officer.
Mr. Norikatsu Ishida is a Director.
Ms. Pooja Mehra is the Company Secretary & Compliance Officer.
Mr. Rajesh Kumar Seth serves as an Independent Director.
Mr. Virendra Chand Katoch is an Independent Director.
Mr. Vivek Chaand Sehgal is the Chairman.
Mr. Yuichi Shimizu is a Director.

Motherson Sumi Wiring India Ltd

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