{"id":1289,"date":"2026-04-30T16:57:35","date_gmt":"2026-04-30T11:27:35","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1289"},"modified":"2026-04-30T16:57:36","modified_gmt":"2026-04-30T11:27:36","slug":"mswil-q4-results-2026-record-revenue-stable-profit-strong-ev-momentum","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/mswil-q4-results-2026-record-revenue-stable-profit-strong-ev-momentum\/","title":{"rendered":"MSWIL Q4 Results 2026: Record Revenue, Stable Profit, Strong EV Momentum"},"content":{"rendered":"\n

Motherson Sumi Wiring India Limited<\/a> reported its Q4 results 2026, delivering its strongest-ever quarterly and annual performance, with total revenue crossing the \u20b9100 billion mark for the first time. The company posted robust growth driven by strong demand in the domestic automotive sector, although profitability remained under pressure due to rising input costs.<\/p>\n\n\n\n

For the quarter ended March 31, 2026, revenue rose 32.9% year-on-year to \u20b93,335 crore, significantly outperforming industry volume growth of around 11%. Net profit (PAT) stood at \u20b9167 crore, up 1.2% YoY, while EBITDA came in at \u20b9271 crore, slightly down 1.1% compared to last year.<\/p>\n\n\n\n

On a full-year basis, revenue increased 23.2% to \u20b911,478 crore, while EBITDA grew 6.4% to \u20b91,061 crore. Annual PAT rose 3.1% to \u20b9625 crore. The company has maintained a strong top-line compound annual growth rate (CAGR) of 19.3% since FY22, highlighting consistent business expansion.<\/p>\n\n\n\n

However, margins were impacted by external cost pressures. Copper prices surged nearly 18% quarter-on-quarter, with INR prices rising to \u20b91,259 per kg in Q4 FY26 compared to \u20b9875 in the same period last year. Additionally, the depreciation of the rupee, with USD\/INR touching 91.52 versus 86.61 a year ago, added to input cost pressures.<\/p>\n\n\n\n

Despite this, MSWIL maintained a strong balance sheet, remaining virtually debt-free with \u20b966 crore in cash and bank balances against minimal external debt of \u20b910 crore. The company has also invested over \u20b9381 crore in growth over the past two years while sustaining a dividend payout ratio of around 62%.<\/p>\n\n\n\n

Operationally, the company continues to dominate the wiring harness segment, supplying to 9 of the top 10 best-selling passenger vehicle models in India. Passenger vehicles contributed 64% of total revenue, followed by two-wheelers<\/a> at 12% and commercial vehicles at 10%.<\/p>\n\n\n\n

Electric vehicle (EV) traction is gaining momentum, with EVs contributing 8.6% to Q4 revenue, up from 6.6% for the full year. The company currently operates 30 manufacturing facilities and employs over 60,000 people across India.<\/p>\n\n\n\n

With new facilities in Navagam and Kharkhoda now operational and EV demand steadily rising, the company is positioned for continued growth, although margin performance will remain closely tied to commodity prices and currency movements.<\/p>\n\n\n\n

<\/i><\/span>Financial Performance Snapshot (Q4 results 2026) <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>Q4 FY26 (\u20b9 Cr)<\/th>YoY Growth<\/th>FY26 (\u20b9 Cr)<\/th>YoY Growth<\/th><\/tr><\/thead>
Revenue<\/td>3,335<\/td>+32.9%<\/td>11,478<\/td>+23.2%<\/td><\/tr>
EBITDA<\/td>271<\/td>-1.1%<\/td>1,061<\/td>+6.4%<\/td><\/tr>
Net Profit (PAT)<\/td>167<\/td>+1.2%<\/td>625<\/td>+3.1%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Business & Segment Mix (FY26) <\/h2>
<\/div><\/div>\n\n\n\n
Segment<\/th>Revenue Contribution<\/th><\/tr><\/thead>
Passenger Vehicles<\/td>64%<\/td><\/tr>
Two-Wheelers<\/td>12%<\/td><\/tr>
Commercial Vehicles<\/td>10%<\/td><\/tr>
Off-Road \/ Agriculture<\/td>6%<\/td><\/tr>
Others<\/td>8%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Key Operational & Financial Highlights <\/h2>
<\/div><\/div>\n\n\n\n
Category<\/th>Details<\/th><\/tr><\/thead>
Revenue Growth<\/td>~33% YoY in Q4 (vs ~11% industry growth)<\/td><\/tr>
CAGR (Since FY22)<\/td>19.3%<\/td><\/tr>
EV Revenue Share<\/td>8.6% (Q4 FY26), up from 6.6% (FY26)<\/td><\/tr>
Debt Position<\/td>Virtually debt-free (\u20b966 Cr cash vs \u20b910 Cr debt)<\/td><\/tr>
Capex Investment<\/td>\u20b9381 Cr invested in last 2 years<\/td><\/tr>
Dividend Payout<\/td>~62%<\/td><\/tr>
Facilities<\/td>30 plants across India<\/td><\/tr>
Workforce<\/td>60,000+ employees<\/td><\/tr>
Copper Price Impact<\/td>\u20b91,259\/kg (vs \u20b9875 YoY)<\/td><\/tr>
USD\/INR Impact<\/td>91.52 (vs 86.61 YoY)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/cece4ec2-1052-428c-b5cb-62b8146d1861.pdf<\/a><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Motherson Sumi Wiring India Limited reported its Q4 results 2026, delivering its strongest-ever quarterly and…<\/p>\n","protected":false},"author":2,"featured_media":1290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[263],"tags":[283,264],"class_list":["post-1289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile-auto-components","tag-msumi","tag-q4-results-2026"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=1289"}],"version-history":[{"count":1,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1289\/revisions"}],"predecessor-version":[{"id":1291,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1289\/revisions\/1291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/1290"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=1289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=1289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=1289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}