Samvardhana Motherson Posts 46% Rise in Net Profit to ₹1,561 Crore in Q4 2026, Revenue Grows 17%

Motherson Posts Highest-Ever Quarterly and Annual Financial Performance

Samvardhana Motherson International Limited announced its Q4 FY26 results on May 20, 2026, showcasing its strongest financial performance to date. The company reported a consolidated net profit of ₹1,561.56 crore for the quarter ended March 2026, marking a significant growth of 45.6% year-over-year (YoY) compared to ₹1,072.27 crore in the corresponding quarter of the previous financial year.

Record Revenue and EBITDA Growth

Revenue from operations for Q4 FY26 reached a record high of ₹34,309 crore, representing a 17% YoY increase. The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also surged 42% YoY to ₹3,805 crore in the quarter under review, showcasing strong margin optimization.

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Dividend Recommendation and Upcoming AGM

The board of directors recommended a final dividend of ₹0.25 per equity share with a face value of Re 1 each for FY26, subject to shareholder approval at the company's upcoming Annual General Meeting (AGM) scheduled for July 30, 2026. If shareholders approve the dividend at the AGM, the payout will be completed within 30 days from the date of declaration.

Management Commentary

The company's Chairman, Mr. Vivek Chaand Sehgal, commented on the results, stating, "FY26 was another defining year for Motherson. We have delivered our best-ever yearly revenues and resilient profitability in a challenging macroeconomic environment. Our long-time focus on diversification helped us outperform the market. We continued to remain focused on improving capital efficiency while making strategic investments for future growth to support our customers."

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Key Highlights

The company's annual revenue crossed ₹1.25 lakh crore in FY26, registering an 11% YoY growth. Its emerging businesses continued to witness strong momentum during the year, growing 50% YoY. Within this segment, the Consumer Electronics business expanded 7.5 times YoY, while the Aerospace business recorded a 40% YoY increase.

Balance Sheet Position and Order Book

The company strengthened its balance sheet position during the year, with its leverage ratio improving to 0.8x from 0.9x at the end of FY25. This marked the lowest leverage level in the company's history. The order book remained well diversified, with Automotive contributing 75%, Automotive EVs accounting for 22%, and Non-Automotive businesses contributing 3%.

Capex Guidance and Greenfield Projects

The company currently has 16 greenfield facilities at different stages of completion, out of which 13 are expected to become operational during FY27. It also announced four new greenfield projects, including two for its Automotive business in Morocco and Poland focused on Wiring Harness operations, and two for its Non-Automotive business in India and Hungary for Logistic Solutions. Capital expenditure for FY26 stood at ₹5,911 crore, with a guided capex of around ₹6,000 crore for FY27, subject to a possible variation of plus or minus 10%.

FY26 vs. FY25 Comparison