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Samvardhana Motherson International, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 48315.88 Crore) operating in Auto Ancillaries sector.
Samvardhana Motherson International key Products/Revenue Segments include Auto Electricals, Sale of services, Scrap, Other Operating Revenue, Export Incentives, Job Work for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 20348.32 Crore, up 10.86 % from last quarter Total Income of Rs 18354.82 Crore and up 25.30 % from last year same quarter Total Income of Rs 16240.17 Crore. Company has reported net profit after tax of Rs 514.79 Crore in latest quarter.
The company’s top management includes Mr.Vivek Chaand Sehgal, Mr.Naveen Ganzu, Mr.Velli Matti Ruotsala, Mr.Gautam Mukherjee, Ms.Rekha Sethi, Mr.Laksh Vaaman Sehgal, Mr.Shunichiro Nishimura, Mr.Norikatsu Ishida, Mr.Pankaj Mital, Mr.Robert Joseph Remenar. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2023, the company has a total of 678 Crore shares outstanding.
Investment Rationale
The stock has underperformed the Auto index by c.38% / 66% over past 1 / 5 years owing to headwinds related to global PV production and is currently trading at an attractive c.14x FY25E EPS.
Promoter/FII Holdings
Promoters held 64.77 per cent stake in the company as of 31-Mar-2023, while FIIs owned 10.87 per cent, DIIs 14.74 per cent.
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