A Strong Q2 For Samvardhana Motherson | Autoelectric Biz Will Add $2n To Revenue Annually, Says Co
CNBC-TV18 · 06 Nov 2026 · 8 min
Management interview of Samvardhana Motherson International Ltd (MOTHERSON), with 7 key numbers discussed.
- Pankaj Mital, Whole-time Director & COO, Samvardhana Motherson
Samvardhana Motherson delivered 27% revenue growth and 37% normalised PAT growth in Q2 FY27, backed by strong demand in India and North American commercial vehicles. Two newly consolidated acquisitions, Yutaka Giken and Auto-Electric, are expected to add about $2bn in revenue on an annualised basis. Commodity inflation, especially copper, created a margin drag of over 1.5% in the wiring harness business despite pass-through mechanisms having lags. The company maintains a strong balance sheet with leverage at 0.8x EBITDA, investing in 17 organic sites while remaining open to further inorganic expansion.