Samvardhana Motherson International

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by ICRA.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 17% and profit rose 78% from a year earlier.
• DilutionSome dilutionIssued 10.32 crore new shares in the last year, raising ₹1,450 Cr.
• PromotersSteadyThe promoters (founders or parent) own 49% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 37.4 times its yearly earnings (P/E), cheaper than 64% of the time in the last 5 years. Its usual P/E is about 27.

Samvardhana Motherson International against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)37.4 against a typical 27.4: pricier than most peers (1st = cheapest).104th of 153
• Sales growth+16.7% against a typical +20.7% from a year earlier.93rd of 142
• Profit growth+77.6% against a typical +15.3% from a year earlier.28th of 127
• Share price, 3 months+9.8% against a typical −4.4%.36th of 142

Exchange filings and their impact on the company.

• 26 Oct 2026Scheme of ArrangementLow impactPositivePrice +2.7% on 27 Oct
  NCLT approved merger of Motherson's wholly owned units into itself with no new shares, simplifying the group structure.

  On 26 October 2026 the Mumbai NCLT approved Samvardhana Motherson International's internal restructuring. The automotive business of its 100% subsidiary Samvardhana Motherson Innovative Solutions will move to the listed parent, while Samvardhana Motherson Auto System merges into the parent and Motherson Machinery merges into Innovative Solutions. Since all companies are wholly owned, no new shares will be issued and existing capital will be cancelled, leaving consolidated sales unchanged but creating a simpler, lower-cost structure.

  Full analysisFiling
• 8 Oct 2026ConversionLow impactPositivePrice −0.1% on 9 Oct
  Motherson converted Rs 1450 cr of CCDs into 10.3 cr shares, cutting debt with under 1% dilution.

  Motherson allotted 10.32 crore new equity shares at Rs 140.50 per share on conversion of 145,010 CCDs of Rs 1 lakh each, worth Rs 1450.1 cr, out of the Rs 1500 cr QIP CCD issue of September 2024. Only 4,990 CCDs remain, to compulsorily convert by September 20, 2027. The swap cuts debt and future interest cost with less than 1% equity dilution.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Gandharv Tongia

Chief Financial Officer

Pankaj Mital

Chief Operating Officer, Whole-Time Director

Alok Goel

Compliance Officer, Company Secretary