India (14th November 2024) – Samvardhana Motherson International Limited (SAMIL) today announced its financial results for the fiscal year 2024-25 second quarter, which ended on 30th September 2024.

Commenting on the results, Mr. Vivek Chaand Sehgal, Chairman, Motherson said,

“These results highlight our strength and adaptability in an uncertain business environment. Our prudent management of the leverage ratio has positioned us well for sustainable growth. This strategic approach ensures that we maintain a healthy balance sheet while continuing to invest in the future. Our automotive booked business is USD 88 billion approx. and has been growing consistently, reflecting the trust our customers have in us. Our non-automotive businesses have been growing consistently, contributing to overall growth with stability and diversification. With the support of our customers and the hard work and dedication of our global teams, we have built a resilient organisation that is ready for continued success.”

· Leverage ratio was reduced to 1.0x from 1.5x providing a launchpad for future sustainable growth
· Further diversification was achieved with new products and increased customer penetration
· Automotive booked a business of USD 87.7 billion on 30th Sep 2024, compared to USD 83.9 bn on 31st March 2024.
· 05 out of 19 Greenfields have come on stream, and 8 more facilities are expected to operationalise in H2FY25.
· Improved ROCE to 17.3% in Sep 2024 from 16.9% in March 2024

Samvardhana Motherson International Limited (SAMIL)
Samvardhana Motherson International Limited (SAMIL) is one of the world’s leading specialised automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems Limited, was established in 1986 as a joint venture with Sumitomo Wiring Systems and was listed in 1993 on BSE and NSE in India. The company is focused, dynamic, and progressive, providing customers with innovative and value-added products, services, and solutions. With a diverse global customer base of nearly all leading automobile manufacturers globally, the company supports its customers from more than 400 facilities across 44 countries in five continents. The company has diversified to support customers in non-automotive businesses, including technology and industrial solutions, health & medical, aerospace and logistics. SAMIL is currently the largest auto ancillary in India and is ranked among the top 15 automotive suppliers worldwide. The company was selected as one of the Best Companies for 2024 by TIME.