Page 4 - Motherson Sumi

Motherson Sumi could see earnings downgrades over auto sector slowdown

Muted global and domestic auto environment to impact revenues and margins

Brokerages cut Motherson's FY20 profit estimates on weak demand outlook

Investors should await for an improvement in the demand scenario before taking an exposure the stock.

Motherson Sumi eyes over $1.1 billion-worth deal with Leoni AG: Report

Any deal with Leoni could be worth more than 1 billion euros ($1.1 billion) but financing still needs to be worked out

Motherson Sumi's FY19 earnings cut on margin pressure; stock falls

The immediate trigger for the earnings downgrades were the weak results in the quarter on the back of margin pressures

Worries ahead for Motherson Sumi as tariff wars threaten global car growth

Motherson has been taking steps to diversify its risk in terms of products, geographies and segments to minimise the impact on its operations

This stock has zoomed 300,000% in 25 years

To commemorate its 25 years of listing, the company's board has recommended the issue of bonus shares in the ratio of 1:2.

Q1 results: High utilisation to boost Motherson Sumi margins, stock falls

Rising raw material, start-up costs impacted profitability in the June quarter

Higher utilisation to improve margins for Motherson, profit seen rising 25%

Rising raw material and start-up costs impacted the company's profitability in the June quarter

Motherson Sumi's future hinges on foreign arms, stock sheds nearly 5%

Q4 show was below expectations on account of muted margins

Motherson Sumi is not a Midas touch company, says Chairman V C Sehgal

Sehgal speaks to Ajay Modi on the group's focus and shares his views on issues facing the industry

Motherson Sumi acquires French component maker Reydel, stock up 6%

The scrip opened at Rs 337 and had hit a high and low of Rs 343.8 and Rs 332 respectively in intra-day deals

Motherson acquires French component maker Reydel for $201 million

Reydel has twenty plants spread in sixteen countries and counts Renault, PSA, Volkswagen, GM and Mahindra in its list of customers

Strong order book, margin gains ahead for Motherson

Though Q2 was a bit disappointing, analysts expect numbers to improve in the second half due to ramp-up of operations at new plants

Motherson Sumi pluses outweigh the negatives

Contribution from PKC acquisition and reduction in debt are major positives

Motherson Sumi: Production ramp up to aid margins

The stock of Motherson Sumi has gained about 67 per cent over the last year on expectation that higher growth and margins at its overseas subsidiaries and steady performance in standalone business will help boost its financials. One of the key triggers for the stock is the performance of its overseas subsidiaries, SMR and SMP, which together contribute about 79 per cent to the consolidated top line.The management has highlighted that globally model life cycles, which include refreshes, are coming down and this benefits the company immensely across its segments. This coupled with higher demand from auto makers and existing order book of Rs 94,900 crore (for the two subsidiaries) should reflect in good revenue growth going ahead. Margins for the subsidiaries, which have more than doubled over the last five years, are expected to move up further given higher capacity utilisation levels from the production ramp up of the nine plants commissioned over the last two fiscals. The standalone ..

Motherson Sumi lines up Rs 2,000 cr capex for FY18, plans 3 plants in India

The company is coming up with 3 plants in India, 3 in Hungary, one each at South Korea, Mexico, US

Motherson Sumi's Q4 consolidated net profit up 12%

Its consolidated net profit during quarter under review increased to Rs 475 cr from Rs 425 cr in FY

After PKC buy, Motherson Sumi may bid to acquire a Bosch arm

It spent €571 mn in acquiring PKC which makes wiring harnesses for commercial vehicle producers

Auto part maker Motherson Sumi buys Finland's PKC Group for $619 million

Motherson is now the controlling shareholder of PKC Group

In overdrive

Motherson Sumi has delivered success by consistently staying ahead of the curve