ALFA Finder
The call ran from 5:01 PM to 6:29 PM IST (1 h 28 min).
Key takeaways
Record ₹38,280 Cr revenue (+27% YoY), but Q2 EBITDA margin slipped to 8.8% from 9% amid acquisition integration and input-cost pressure. Growth is heavily acquisition-aided, and management hedged on Europe, commodities and timelines.
| Revenue growth | ₹38,280 Cr, +27% YoY, +9% QoQ; acquisitions and wiring harness-led. |
|---|---|
| Margins | EBITDA margin 8.8%, down ~20bps YoY in Q2; H1 up ~20bps. |
| Order book | Record $106bn order book, up from $96bn at FY26; no peer comparison. |
| Demand visibility | Mixed: India +15%, CV production +7.6%; China -5.5%, Europe -0.6%. |
| Management confidence | Balanced-to-optimistic; repeatedly hedges on Europe, commodities, timelines. |
Growth
Revenue +27% YoY and +9% QoQ, acquisition-aided. EBITDA +23% lagged revenue growth; normalised PAT +37% YoY.
Outlook
FY27 capex guided at ₹6,000 Cr (±10%); 10 facilities operational this FY; GF3 commercial production in Q4 FY27.
Risks
Europe volumes contracting; copper, aluminium and polymer cost pressure; Q2 margin contraction; net debt up from ₹9,757 Cr; GF3 ramp timing not firm.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
What management said last time
Full summary →From the call summary published .
Outlook they gave
FY27 capex guided at ₹6,000cr; aiming for Vision 2030 target of USD 108 Billion gross revenue.
Growth they described
Q4 revenue grew 17% YoY; FY26 EBITDA up 11%. Normalized PAT for Q4 surged 66% due to operating leverage.
Call details
| Company | Samvardhana Motherson International Ltd |
|---|---|
| NSE symbol | MOTHERSON |
| ISIN | INE775A01035 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 5 November 2026 |
| Time | 5:30 PM IST |
| Length | 1 h 28 min |
| Audio | Our stream on YouTube ↗ |
Samvardhana Motherson International Ltd: key numbers
- Share price
- ₹158.55
- Market cap
- ₹1,67,341 Cr
- Revenue (annual)
- ₹1,26,104 Cr
- Net profit (annual)
- ₹3,860 Cr
- P/E (TTM)
- 35.4×Sector 32.4×
- Promoter holding
- 48.60%+0.00% QoQ
- FII holding
- 13.04%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Other calls on Thu, 5 Nov
Today's concalls →
