Skip to content

    Motherson Sumi Wiring India Limited

    India's largest wiring-harness maker, supplying full-system harness solutions to nearly every automotive OEM in the country.

    Automobile and Auto Components
    Consumer Discretionary
    View MSUMI earnings calls
    ₹38.03
    -3.11% from avg

    Overview

    Price

    ₹38.03

    Market Cap

    ₹27.6k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital0316442442442663663
    Reserves07998881.2k1.3k1.2k1.5k
    Borrowings96283373259269253233
    Other Liabilities1.7k1.2k1.2k1.2k1.8k1.9k2.4k
    Total Liabilities1.8k2.6k2.9k3.1k3.7k4.0k4.7k
    AssetsFixed Assets170432579600691716779
    CWIP032272437532
    Investments0000000
    Other Assets1.6k2.1k2.3k2.5k3.0k3.2k4.0k
    Total Assets1.8k2.6k2.9k3.1k3.7k4.0k4.7k

    Valuation

    Assumptions

    Current — MSUMI
    Price
    ₹38
    EPS (TTM)
    ₹0.95
    PE (TTM)
    40.0
    Profit growth
    10.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (67.9×) and current (40.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹38
    vs
    Fair value · 15% return
    ₹27
    30%Overvalued

    At 10.2% growth and a 40× exit, ₹38 only delivers your return if you pay ₹27. The price is currently baking in 18% growth.

    EPS grows 10.2%/yr for 5 years, then fades to 6% over 2, exits at 40×.

    YearGrowthEPS (₹)
    FY2710.2%1.05
    FY2810.2%1.15
    FY2910.2%1.27
    FY3010.2%1.40
    FY3110.2%1.54
    FY328.1% ·fade1.67
    FY336.0% ·fade1.77

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Motherson Sumi Wiring India Limited

    Guides on how to read this kind of business and the numbers that matter.