Motherson Sumi Wiring India Ltd (MSUMI) AI Stock Analysis

• Market Cap: ₹310.69B
• Dividend Yield: 1.21%
• Average Volume (3M): 940.99K
• Price to Earnings (P/E): 41.6
• Beta (1Y): 1.01
• Revenue Growth: 11.46%
• EPS Growth: -17.13%
• Country: IN
• Employees: 5,018
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 0.20
• Shares Outstanding: 6,631,662,000
• 10 Day Avg. Volume: 623,383
• 30 Day Avg. Volume: 940,986
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹47.33
• Price Target Upside: 1.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 69 Neutral
• Price Target: ₹43.00 ▼(-8.22% Downside)

Motherson Sumi Wiring India Ltd's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and profitability. However, the technical analysis indicates a neutral to slightly bearish trend, and the valuation suggests the stock is relatively expensive, which tempers the overall score.

Motherson Sumi Wiring India Ltd Business Overview & Revenue Model

Company Description

Motherson Sumi Wiring India Limited provides wiring harness solutions to original equipment manufacturers in India. It manufactures, assembles, delivers integrated electrical and electronic distribution systems for power supply and data transfer across vehicle types. The company also provides integrated electrification solutions for vehicles with alternative powertrains, including high-voltage wire harnesses.; and develops solutions for internal combustion engine vehicles, as well as electric and hybrid vehicles. It offers digital assembly boards, colour detection systems, component presence sensors, and online work instructions. The company manufactures and supplies wiring harnesses for passenger cars, two-wheelers and recreational vehicles, commercial vehicles (heavy, medium, and light-duty), motorcycles and three-wheelers to multi-utility vehicles, farm and material-handling equipment, and off-highway vehicles. It also offers specialized wiring harnesses for consumer durables, office automation equipment, medical diagnostic equipment, and other electrical and electronic equipment. Motherson Sumi Wiring India Limited is headquartered in Noida, India. Motherson Sumi Wiring India Limited is a subsidiary of Motherson Sumi Systems Limited.

How the Company Makes Money

MSUMI generates revenue primarily through the sale of its wiring harness products to major automobile manufacturers. As a supplier, the company enters into long-term contracts and partnerships with original equipment manufacturers (OEMs), securing a consistent demand for its products. Revenue is largely driven by the volume of orders from these OEMs, which is influenced by trends in the automotive industry such as vehicle production rates and technological advancements in vehicle electrification. Additionally, MSUMI may engage in joint ventures and collaborations to expand its market reach and product offerings, further enhancing its revenue streams.

Motherson Sumi Wiring India Ltd Financial Statement Overview

Summary

Motherson Sumi Wiring India Ltd demonstrates strong financial health with robust revenue growth and profitability indicators. The income statement reflects a healthy growth trajectory, the balance sheet shows low leverage and financial stability, and cash flow management is adequate with room for improvement in free cash flow generation.

Income Statement

Motherson Sumi Wiring India Ltd shows strong performance in terms of revenue growth, with a robust revenue increase from 82.74 billion to 92.72 billion from 2024 to 2025. The gross profit margin stands at 34.46%, indicating efficient cost management. The net profit margin of 6.53% is moderate, but the EBIT margin of 17.17% and EBITDA margin of 10.75% demonstrate solid profitability. Overall, the income statement reflects a healthy growth trajectory and profitability.

Balance Sheet

The company's balance sheet is strong, with a debt-to-equity ratio of 0.16, showing low leverage and financial stability. The return on equity (ROE) is approximately 35.68%, indicating efficient use of equity. However, the equity ratio of 45.55% suggests moderate reliance on liabilities. The balance sheet reflects stability and low financial risk.

Cash Flow

The cash flow statement indicates positive free cash flow, with a slight decline from the previous year but still positive at 1.93 billion. The operating cash flow to net income ratio is 0.60, suggesting that net income is well-supported by cash flow. The free cash flow to net income ratio is 0.32, highlighting potential areas for improvement. Overall, cash flow management is adequate, with room for enhancement in free cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	92.72B	92.72B	82.74B	70.23B	55.87B	39.37B
Gross Profit	31.95B	31.95B	27.33B	23.91B	19.09B	6.66B
EBITDA	9.98B	9.97B	10.20B	8.04B	6.95B	5.77B
Net Income	6.06B	6.06B	6.38B	4.87B	4.11B	3.96B
Balance Sheet
Total Assets	37.29B	37.29B	31.39B	28.98B	25.62B	370.00K
Cash, Cash Equivalents and Short-Term Investments	2.37B	2.37B	2.67B	447.50M	2.96B	373.00M
Total Debt	2.69B	2.69B	2.59B	3.73B	2.83B	963.00M
Total Liabilities	20.30B	20.30B	14.62B	15.67B	14.47B	3.98M
Stockholders Equity	16.98B	16.98B	16.77B	13.30B	11.15B	7.10B
Cash Flow
Free Cash Flow	0.00	1.93B	6.80B	250.00M	3.99B	-294.00M
Operating Cash Flow	0.00	3.65B	7.91B	2.24B	5.01B	71.00M
Investing Cash Flow	0.00	-600.90M	-2.08B	-1.94B	-1.01B	-281.00M
Financing Cash Flow	0.00	-4.57B	-4.52B	-2.87B	-1.44B	293.00M

Motherson Sumi Wiring India Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 46.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MSUMI, the sentiment is Neutral. The current price of 46.85 is below the 20-day moving average (MA) of 47.35, above the 50-day MA of 43.08, and above the 200-day MA of 38.77, indicating a neutral trend. The MACD of 1.18 indicates Positive momentum. The RSI at 53.07 is Neutral, neither overbought nor oversold. The STOCH value of 13.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MSUMI.

Motherson Sumi Wiring India Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHARDAMOTR	72 Outperform	₹60.16B	17.80	29.66%	2.50%	2.35%	8.08%
LUMAXTECH	70 Outperform	₹88.47B	47.18	19.02%	0.42%	32.63%	34.16%
VARROC	69 Neutral	₹94.64B	70.68	3.91%	0.16%	8.55%	-74.55%
MSUMI	69 Neutral	₹310.69B	41.64	―	1.21%	11.46%	-17.13%
JBMA	64 Neutral	₹162.19B	79.00	14.95%	0.12%	7.18%	12.78%
V2RETAIL	61 Neutral	₹65.28B	81.24	20.80%	―	59.68%	112.52%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Motherson Sumi Wiring India Ltd Corporate Events

Motherson Sumi Wiring India Ltd Announces Tax Deduction on Final Dividend

Motherson Sumi Wiring India Ltd has communicated to its shareholders about the deduction of tax at source on the final dividend for the financial year ending March 31, 2025. The Board of Directors recommended a final dividend of Rs. 0.35 per equity share, subject to shareholder approval, which will be paid post the Annual General Meeting. The company will deduct tax at source on the dividend as per the Income Tax Act, 1961, with the rate varying based on the shareholder’s residential status and submitted documentation.