Unaudited Financial results for the second quarter and half year ended September 30, 2025
MSUMI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Motherson Sumi Wiring India reported Q2 FY26 revenue from operations of Rs 2,761.86 crore, up about 18.8% from Rs 2,325.64 crore in Q2 FY25, driven by growth in revenue from contract with customers. Profit after tax for the quarter stood at Rs 165.34 crore vs Rs 152.08 crore, a rise of around 8.7%. For the half year, revenue grew about 16.5% to Rs 5,255.89 crore, while PAT rose modestly to Rs 308.44 crore from Rs 300.95 crore (about 2.5%). EBITDA margin (calculated as PBT plus depreciation and finance costs divided by revenue) softened to roughly 10.15% in Q2 from 10.93% a year ago, indicating some margin pressure. The board also noted the 1:2 bonus issue that was allotted on July 21, 2025, which has expanded the share base and adjusted EPS retroactively to Rs 0.25 in Q2 vs Rs 0.23 in Q2 FY25. Cash from operations was sharply higher at Rs 604.94 crore for H1 vs Rs 271.38 crore last year, and borrowings remain negligible at Rs 9.90 crore.
Strong revenue growth and a big jump in operating cash flow are positives for shareholders, but the slower PAT growth and slight dip in EBITDA margin suggest rising costs are weighing on profitability. The recent bonus issue increases share count, so per-share metrics need to be viewed on an adjusted basis; the stock may react to the modest margin squeeze despite the top-line beat.