Skip to content
Motherson Sumi Wiring logo

Motherson Sumi Wiring India

MSUMI NSE
₹39.24 +0.31 (+0.80%)
P/E
41.31
View as Markdown
MCP
Close 4 Nov 2026 ₹39.24 −8.55 −17.9% 1Y
Start ₹47.79

Key Fundamentals

SmallcapAuto ComponentsConsumer Discretionary

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
38.90%
Debt to Equity
0.11
EPS (TTM)
₹0.95
Book Value
₹3.23
Market Cap
—
P/E (TTM)
41.31
P/B
12.15
ROE
32.40%
Dividend Yield
1.49%
EBITDA
₹1,064 Cr
52W High
₹53.59
52W Low
₹32.70
Day Range
₹38.45 – ₹39.45
Volume
98,29,848

Peer Comparison

Consumer Discretionary › Automobiles › Auto Components › Auto Components & Equipments

Motherson Sumi Wiring peer comparison
Samvardhana Motherson International
₹159.4938.43₹1,68,660 Cr3.980.37%11.20%13.40%₹1,31,135 Cr₹4,556 Cr
Bosch
₹50,925.0063.56₹1,48,351 Cr10.110.54%14.60%21.50%₹21,088 Cr₹2,363 Cr
Bharat Forge
₹1,812.80122.74₹86,739 Cr7.650.48%12.00%12.60%₹17,543 Cr₹715 Cr
UNO Minda
₹1,196.9057.49₹67,494 Cr10.130.24%19.30%19.60%₹20,725 Cr₹1,291 Cr
Sona BLW Precision Forgings
₹893.7074.48₹56,293 Cr8.700.38%11.70%15.10%₹4,514 Cr₹746 Cr
Schaeffler India
₹3,507.2042.47₹55,555 Cr8.920.99%20.80%27.90%₹10,192 Cr₹1,292 Cr
Tube Investment
₹2,250.5071.81₹42,644 Cr5.620.16%9.95%17.10%₹23,754 Cr₹1,109 Cr
Motherson Sumi Wiring (this company)
₹39.2441.31₹26,016 Cr12.151.49%32.40%38.90%₹12,391 Cr₹626 Cr
Median 8 companies₹1,504.8560.53₹61,893 Cr8.810.43%13.30%18.35%₹19,134 Cr₹1,200 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

55 Good

Data confidence 100/100

Category scores

Quality
60
Good
Returns, margins, earnings quality 22% weight
Valuation
64
Good
Cheap vs sector & own history 24% weight
Growth
84
Strong
Sales & profit trajectory 9% weight
Financial Health
66
Good
Solvency, leverage, coverage 9% weight
Momentum
30
Poor
Trend strength, vol-adjusted 12% weight
Ownership
41
Weak
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 36.5%
  • Company has been maintaining a healthy dividend payout of 47.5%

Weaknesses

2
  • Stock is trading at 10.1 times its book value
  • Debtor days have increased from 49.3 to 59.9 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish5212
OscillatorsBearish423
Moving AveragesStrong Bullish109

Key readings

RSI (14)
71.77
Bearish
MACD (12,26,9)
0.73
Bullish
SMA (50)
35.58
Bullish
SMA (200)
39.26
Bearish

As of

Analyst Rating

Based on 12 analysts
BUY92%

11 of 12 analysts rate Buy, 0 Hold, 1 Sell.

As of

BUY
11
92%
HOLD
0
0%
SELL
1
8%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+23.86%
3Y+17.54%
1Y+23.17%
TTM+28.67%

Net profit

Net profit growth by window
5Y+9.56%
3Y+8.67%
1Y+3.14%
TTM+4.33%

Operating cash flow

Operating cash flow growth by window
5Y+133.34%
3Y+50.33%
1Y+108.49%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y−4.80 pp
3Y−1.97 pp
1Y−1.45 pp
TTM−1.75 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹3,938 Cr
Mar 2022₹5,635 Cr
Mar 2023₹7,068 Cr
Mar 2024₹8,327 Cr
Mar 2025₹9,319 Cr
Mar 2026₹11,478 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹396 Cr
Mar 2022₹411 Cr
Mar 2023₹487 Cr
Mar 2024₹638 Cr
Mar 2025₹606 Cr
Mar 2026₹625 Cr

Analyst Forecasts

Forecast For
Dec 26 consensus · EBITDA
₹352 Cr −6.1% vs Sep 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Figures as of 2 Nov 2026
AI opinion · based on fundamentals
Risk medium

Motherson Sumi Wiring India Ltd trades at ₹38.78 as of 2026-11-02 with a market cap of ₹25,877 Cr, a P/E of 40.82x and ROE of 28.92%. The stock sits 27.6% below its 52-week high of ₹53.59 while carrying minimal debt (D/E of 0.11), and revenue growth has been robust at 29% TTM even as profit growth has moderated to 5% TTM.

Bull Case 7
  • Strong return on equity of 28.92% (current) backed by a 3-year average ROE of 36%, indicating consistently high capital efficiency
  • Very low debt-to-equity ratio of 0.11, providing a near debt-free balance sheet and significant financial flexibility
  • Robust revenue momentum with TTM sales growth of 29% and a 5-year compounded sales CAGR of 24%
  • Healthy return on capital employed (ROCE) of 35.47%, well above typical cost of capital, signalling strong underlying business economics
  • Consistent dividend payout ratio of 47.5% with a current dividend yield of 1.65%, offering tangible cash returns to shareholders
  • Trading at ₹38.78, which is 27.6% below its 52-week high of ₹53.59, potentially reflecting a more reasonable entry zone relative to recent highs
  • Company is expected to deliver a good upcoming quarter, suggesting near-term earnings visibility remains intact
Bear Case 6
  • Price-to-book ratio of 11.9x is extremely rich, implying the market is pricing in substantial future growth that must be delivered
  • Profit growth has decelerated sharply to 5% TTM versus a 3-year CAGR of 9%, while sales grew 29% TTM — indicating margin compression
  • Stock has delivered a -28% return over the past 1 year and a -7% CAGR over 3 years, reflecting sustained underperformance
  • Debtor days have risen from 49.3 to 59.9 days, suggesting deteriorating working capital efficiency and slower collections
  • The gap between 5-year sales CAGR of 24% and 5-year profit CAGR of 10% highlights a long-running trend of operating leverage not fully translating to the bottom line
  • As a wiring harness supplier concentrated in the auto sector, business is cyclical and heavily dependent on OEM production volumes

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

21d ago

TL;DR: The only news in this period is an unsolicited ESG rating of 72 from Niche Ninety Nine, which the company has distanced itself from by stating it did not commission the assessment. It is a fair score but not likely to move the stock, and it says nothing about operations, margins or order flow. No new risks or bullish catalysts showed up in the news reviewed, so the trend looks neutral for now. Investors should watch upcoming quarterly results, auto production volumes and copper cost trends for clearer direction.

Neutral 1
  • Unsolicited ESG rating of 72 Sep 16

    Niche Ninety Nine gave Motherson Sumi Wiring India Ltd an ESG rating of 72 on September 16, 2026. The company clarified that it did not engage the agency for this independent assessment.

Quarterly Results

₹ Cr
MSUMI quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
1,859
2,109
2,115
2,233
2,185
2,326
2,300
2,510
2,494
2,762
2,887
3,335
3,407
4,054
Expenses
1,665
1,856
1,853
1,941
1,946
2,076
2,063
2,238
2,250
2,482
2,625
3,061
3,149
3,680
Operating Profit
194
253
262
291
239
250
238
271
244
280
262
274
258
—
OPM %
10%
12%
12%
13%
11%
11%
10%
11%
10%
10%
9%
8%
8%
—
Other Income
14
1
1
4
5
5
1
2
1
1
1
1
5
1
Interest
8
7
6
6
5
7
7
6
6
6
7
6
8
15
Depreciation
34
36
38
39
40
44
47
48
49
53
56
57
60
61
PBT
166
210
219
250
198
203
185
220
190
221
200
212
195
299
Tax %
26%
26%
23%
24%
25%
25%
24%
25%
25%
25%
25%
21%
26%
25%
Net Profit
123
156
168
191
149
152
140
165
143
165
149
167
145
223
EPS (₹)
0.19
0.24
0.25
0.29
0.22
0.23
0.21
0.25
0.22
0.25
0.23
0.25
0.22
—

Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
MSUMI profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
3,938
5,635
7,068
8,327
9,319
11,478
12,391
Expenses
3,385
4,905
6,276
7,315
8,323
10,417
11,316
Operating Profit
553
730
792
1,012
996
1,060
1,074
OPM %
14%
13%
11%
12%
11%
9%
9%
Other Income
24
−35
12
8
13
4
8
Interest
7
28
28
27
25
26
28
Depreciation
37
106
124
147
179
216
227
PBT
532
561
652
846
806
822
828
Tax %
26%
27%
25%
25%
25%
24%
—
Net Profit
396
411
487
638
606
625
627
EPS (₹)
—
0.62
0.73
0.96
0.91
0.94
0.95
Div. Payout %
0%
65%
59%
55%
26%
62%
—

Balance Sheet

₹ Cr
MSUMI balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.1
316
442
442
442
663
Reserves
0
799
888
1,235
1,256
1,498
Borrowings
96
283
373
259
269
233
Other Liabilities
1,693
1,164
1,195
1,203
1,761
2,351
Total Liabilities
1,789
2,562
2,898
3,139
3,729
4,746
Fixed Assets
170
432
579
600
691
779
CWIP
0
32
27
24
37
2
Investments
0
0
0
0
0
0
Other Assets
1,620
2,097
2,292
2,516
3,002
3,965
Total Assets
1,789
2,562
2,898
3,139
3,729
4,746

Cash Flow

₹ Cr
MSUMI cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
11
501
224
791
365
761
Investing
−28
−101
−194
−208
−60
−200
Financing
25
−144
−287
−452
−457
−510
Net Cash Flow
8
256
−257
131
−153
52
Free Cash Flow
−17
400
26
680
194
561
CFO/OP
23
95
51
100
56
92

Ratios

MSUMI financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
63
43
41
39
49
60
Inventory Days
116
97
95
76
77
82
Days Payable
109
92
73
62
71
93
Cash Conversion Cycle
69
47
64
54
55
48
Working Capital Days
49
31
42
39
32
44
ROCE %
—
88%
44%
48%
43%
39%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Motherson Sumi Wiring insights

62 extracted metrics across FY19–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 61.73%
  • DIIs 18.31%
  • Public 10.72%
  • FIIs 7.54%
  • Others 1.67%
  • Government 0.02%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Motherson Sumi Wiring India

What does Motherson Sumi Wiring India Ltd do?
Motherson Sumi Wiring India, a JV between Sumitomo Wiring System and Motherson Group, is a market leader in the Indian wiring harness industry with a market share of over 40%.
Where is Motherson Sumi Wiring India Ltd (MSUMI) listed?
Motherson Sumi Wiring India Ltd trades as MSUMI on the NSE and under code 543498 on the BSE.
Which sector does Motherson Sumi Wiring India Ltd belong to?
Motherson Sumi Wiring India Ltd is classified under the Automobiles sector, in the Auto Components industry.
What is the PE ratio of Motherson Sumi Wiring India Ltd?
Motherson Sumi Wiring India Ltd trades at a PE ratio of 41.31 as of 4 Nov 2026, on earnings per share of ₹0.95, against a book value of ₹3.23 per share.
What is the 52-week high and low of Motherson Sumi Wiring India Ltd?
Over the last 52 weeks Motherson Sumi Wiring India Ltd has traded between ₹32.7 and ₹53.59 as of 4 Nov 2026.
Does Motherson Sumi Wiring India Ltd pay dividends?
Motherson Sumi Wiring India Ltd has a dividend yield of 1.49%.
What is the Return on Equity (ROE) of Motherson Sumi Wiring India Ltd?
Motherson Sumi Wiring India Ltd reported a return on equity of 32.40%. Its debt-to-equity ratio is 0.11.

Company Information

Motherson Sumi Wiring India, a JV between Sumitomo Wiring System and Motherson Group, is a market leader in the Indian wiring harness industry with a market share of over 40%.

Website mswil.motherson.com
Listed 28 Mar 2022
Face Value ₹1

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/MSUMI.md for Motherson Sumi Wiring India Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Auto Components stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month