Motherson Sumi Wiring India Limited has reported its highest-ever revenue of INR 114,776 million for FY 2025-26, marking a 23.2% year-on-year growth over INR 93,194 million in the previous year. The company also crossed the INR 100 billion revenue mark for the first time, reflecting a revenue CAGR of 19.3% since FY 2022. Profit after tax (PAT) stood at INR 6,252 million, compared to INR 6,059 million in the previous year, a growth of 3.2%. The Board has recommended a final dividend of ₹0.58 per equity share (face value ₹1 each), with July 14, 2026 fixed as the record date. The dividend is subject to shareholder approval at the 6th Annual General Meeting scheduled for July 28, 2026, and if declared, the total cash outflow on account of dividend would be INR 3,846 million.

Financial Performance

The following table summarises the company's key financial results for FY 2025-26 versus FY 2024-25:

Reported EBITDA stood at INR 1,061 crores compared to INR 997 crores in the previous year. The company maintained its debt-free status, supported by disciplined capital allocation. The dividend payout ratio for FY 2025-26 remained at 62% of profits, consistent with the previous financial year.

Revenue Segment Breakdown

The company's revenue was well-diversified across vehicle segments. The segment-wise breakdown for FY 2025-26 is as follows:

Financial Position

The company's balance sheet as at March 31, 2026 reflected strong growth, with total assets rising to INR 47,457 million from INR 37,288 million. The following table provides a snapshot of key balance sheet items:

Capital expenditure of INR 2,005 million during FY 2025-26 included INR 1,259 million for greenfield units at Navagam (Gujarat), Kharkhoda (Haryana), and Pune (Maharashtra), with the remaining INR 746 million directed towards capacity enhancement, automation, and digitisation at existing plants.

Cash Flow Summary

The following table summarises the company's cash flows for FY 2025-26 and FY 2024-25:

Key Ratios

The following table presents the key financial ratios for FY 2025-26 and FY 2024-25:

Dividend and AGM Details

The Board recommended a final dividend of ₹0.58 per equity share for FY 2025-26, compared to a final dividend of ₹0.35 per share and an interim dividend of ₹0.50 per share paid for FY 2024-25. The record date for the proposed dividend has been fixed as July 14, 2026. The 6th Annual General Meeting is scheduled for July 28, 2026, via Video Conferencing. The AGM agenda includes re-appointment of statutory auditors M/s. S.R. Batliboi & Co. LLP for a second term of four consecutive years, ratification of cost auditor remuneration of INR 11,10,000 for FY 2026-27, approval for payment of commission to non-executive directors not exceeding 1% of net profits per annum for five years from April 1, 2026 to March 31, 2031, approval for related party transactions with Sumitomo Wiring Systems Limited and Samvardhana Motherson International Limited for FY 2026-27, and appointment of Mr. Ryuji Sakai as a Director.

Credit Ratings

CRISIL Ratings Limited reaffirmed the company's credit ratings as follows:

Operational Highlights

During FY 2025-26, Motherson Sumi Wiring India maintained 30 wiring harness facilities across India, operating across 16 states and 3 Union Territories. The company's total workforce stood at over 60,000+ employees and associates. The Walajabad facility in Chennai achieved the Excellent level under Caterpillar's Supplier Excellence Recognition (SER) process, and the Kharkhoda greenfield project was showcased as a case study during Maruti Suzuki India Limited's Quality Month. The company also issued 2,210,553,966 bonus shares in the ratio of 1:2 during the year and adopted the Motherson Sumi Wiring India Limited – Employee Stock Option Scheme 2025 (ESOP 2025), approved by shareholders via postal ballot on February 28, 2026. Under ESOP 2025, up to 1,55,00,000 employee stock options will be granted to eligible employees, exercisable into up to 1,55,00,000 equity shares of face value Re. 1/- each, administered through the MSWIL ESOP Trust.

Sustainability and ESG

Motherson Sumi Wiring India has articulated a long-term ambition to achieve Carbon Net Zero across its operations by 2040, with FY 2022-23 as the baseline, and has set an interim target of 50% reduction in Scope 1 and Scope 2 emissions by 2030. Total Scope 1 emissions stood at 1,548 tCO2e and Scope 2 emissions at 26,517 tCO2e for FY 2025-26. Currently, 15 facilities are powered by solar energy, and all greenfield projects are planned with solar panel integration. The company was recognised among Business World India's Top 60 Most Sustainable Companies (IMSC) 2024-25 and received the EcoVadis Bronze Medal. Total waste generated was 8,234.80 metric tonnes in FY 2025-26, with 100% recycled through authorised vendors. Total water consumption stood at 661,519 kilolitres. All facilities are ISO 14001 and ISO 50001 certified, and 100% of sites are certified to ISO 45001. The Lost Time Injury Frequency Rate (LTIFR) was zero for both employees and associates during the year.

Corporate Governance and Board

As on March 31, 2026, the Board comprised ten directors, including five independent directors and two women directors. The Board met eight times during FY 2025-26. Key managerial personnel include Mr. Anurag Gahlot as Whole-time Director and COO, Mr. Gulshan as CFO (effective July 2, 2025), and Ms. Pooja Mehra as Company Secretary. Mr. Ryuji Sakai was appointed as an Additional Director effective April 28, 2026, as a nominee of Sumitomo Wiring Systems Limited. The company had 857,987 shareholders as on March 31, 2026. Promoters and promoter group held 61.73% of the paid-up equity share capital. The total CSR obligation for FY 2025-26 was INR 154 million, with INR 122 million spent on ongoing and other projects and INR 32 million transferred to the unspent CSR account.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0FS801015/1e905ccf67da4d3b.pdf

Motherson Sumi Wiring India Limited filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 with the National Stock Exchange of India and BSE Limited. The filing, submitted on July 6, 2026, details the company's performance across environmental, social, and governance parameters, including reasonable assurance on BRSR Core disclosures provided by S.R. Batliboi & Co. LLP, Chartered Accountants.

The company reported a total workforce of 63,139 individuals, comprising 5,079 employees and 58,060 associates (workers). The permanent employee count stood at 5,042, while permanent associates totaled 1,421. Women constituted 14% of the total employee workforce and 45% of the total associate workforce. The turnover rate for permanent employees remained stable at 10% for FY 2025-26, consistent with the previous year, while the turnover rate for permanent associates was 7%.

Operational and Financial Metrics

The company’s operations are primarily concentrated in the domestic market, with exports described as negligible. It operates 30 plants and 4 offices across 16 states and 3 union territories in India. For the financial year, the company reported a turnover of INR 114,776 million and a net worth of INR 21,617 million. The paid-up capital was recorded at INR 6,632 Million.

Environmental Performance

Motherson Sumi Wiring disclosed a total energy consumption of 1,66,151 Gigajoules for the year, with renewable sources accounting for 13,307 Gigajoules. The total Scope 1 and Scope 2 greenhouse gas emissions were 28,065 tCO2e. The company generated 8,234.8 metric tonnes of waste, of which 100% was recovered through recycling operations. Water consumption totaled 661,519 kilolitres, with an intensity of 6 kilolitres per INR Million of turnover.

Social and Governance Disclosures

The report indicated that there were no fatalities during the financial year. The Lost Time Injury Frequency Rate (LTIFR) was zero for both employees and associates. The company received 12 complaints regarding sexual harassment during the year, with one pending resolution at the end of the year. Regarding board composition, women held 20% of the director positions, while they comprised 50% of the Key Management Personnel.

The company has established a Sustainability Committee to oversee its ESG goals, with Mr. Barrie Painter serving as the highest authority responsible for implementation under the committee's supervision. The report also noted that 85% of top suppliers, accounting for 80% of direct material spend, are ISO 14001 certified.