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Motherson Sumi Wiring India hosted a conference call on Feb 6, 2025. In the conference call,
the company was represented by: Mr. Vivek Chaand Sehgal, Chairman, Mr. Laksh
Vaaman Sehgal, Director and Mr. Mahender Chhabra, CFO.
Key takeaways of the call
In
Q3 FY25, the company’s revenue growth was 9% YoY outpacing the industry volume
growth by 6% YoY on account of favorable product and content mix.
Three
Greenfield plants being set up for new programs (EV/ICE) are in different
stages of completion/ramp-up, for which certain costs are expensed upfront. Pune
is ramping up while Navagam and Kharkhoda are set to be on stream H2 FY26.
Currently,
the revenue generated from these three plants is approximately Rs 80 crore, and
it is anticipated to grow. Each of these plants will employ between 2,000 and
2,500 people.
Management expects annual
Reven...
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