Motherson Sumi Wiring India Limited (MSWIL) has reported a 14% year-on-year revenue growth, reaching Rs 2,338 crores for the first quarter of the fiscal year 2025-26, ending June 30, 2025. The company continues to maintain a debt-free status while executing its strategic expansion plans.
Vivek Chaand Sehgal, Chairman of MSWIL, commented “We are pleased to report strong revenue growth, surpassing industry performance. This highlights our competitiveness and solid partnerships with customers, allowing us to be a part of their key model launches, both existing and new. While the ramp-up of certain Greenfield projects is slower than anticipated due to market conditions, our expansion efforts remain on track to meet the future needs of OEMs. With a continued focus on operational excellence and long-term customer collaboration, we are well-positioned for sustained growth and value creation in the upcoming quarters.”
Motherson Sumi Wiring India Limited (MSWIL) has achieved an impressive 14% year-on-year revenue growth, significantly outpacing the industry average of 3%. This growth underscores the company’s successful content expansion and its strong presence in new model launches, allowing it to tap into emerging automotive trends and customer demands. MSWIL’s ability to consistently outperform the industry highlights its competitive edge and operational efficiency.
While the company’s profitability remains stable, Greenfield operations are still in the ramp-up phase, with their full potential expected to further boost profitability in the coming months. The initial phases of these projects are progressing as planned, and once they reach full capacity, they are anticipated to make a notable contribution to overall financial performance.
In the first quarter of FY26, one of MSWIL’s Greenfield projects began production, marking a significant milestone for the company. The production ramp-up at this facility is expected to accelerate in the following quarters, with additional Greenfield projects scheduled to begin contributing to MSWIL’s growth. This expansion aligns with the company’s strategic efforts to meet future demand in the automotive sector and beyond.
MSWIL continues to maintain a debt-free status, reflecting strong financial management and operational discipline. Additionally, the company’s commitment to the growing electric vehicle (EV) market is evident, with 5.4% of its revenue in Q1 FY26 coming from the EV sector. This demonstrates MSWIL’s successful integration of innovative solutions and its ability to capitalize on the shift towards electrification in the automotive industry.
Motherson Sumi Wiring India Limited is a key player in providing complete system solutions for OEMs in the wiring harness sector. It operates as a joint venture between Samvardhana Motherson International Limited (SAMIL) and Sumitomo Wiring Systems Ltd (SWS). The company serves customers across the full supply chain, from product design and validation to tool manufacturing, assembly, and the production of integrated electrical and electronic distribution systems, which support both power supply and data transfer in vehicles. MSWIL’s product portfolio aligns with favorable industry trends, such as the growing demand for electrification in automobiles, positioning the company well for future automotive developments.
