Conference Call with Samvardhana Motherson International Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Samvardhana Motherson International announced Q2FY25 results Financial Highlights: Revenue: Rs 27,812 crore for Q2FY25, with growth 18% YoY. EBITDA: Rs 2,463 crore for Q2FYY25, with growth of 23% YoY. PAT: Rs 747 crore for Q2FY25, with growth of 66% YoY. Other Highlghts: Leverage ratio was reduced to 1.0x from 1.5x providing a launchpad for future sustainable growth. Further diversification was achieved with new products and increased customer penetration. Automotive booked a business of USD 87.7 billion on 30th Sep 2024, compared to USD 83.9 billion on 31st March 2024. 05 out of 19 Greenfields have come on stream, and 8 more facilities are expected to operationalise in H2FY25. Improved ROCE to 17.3% in Sep 2024 from 16.9% in March 2024 Vivek Chaand Sehgal, Chairman, Motherson said: “These results highlight our strength and adaptability in an uncertain business environment. Our prudent management of the leverage ratio has positioned us well for sustainable growth. This strategic approach ensures that we maintain a healthy balance sheet while continuing to invest in the future. Our automotive booked business is USD 88 billion approx. and has been growing consistently, reflecting the trust our customers have in us. Our non-automotive businesses have been growing consistently, contributing to overall growth with stability and diversification. With the support of our customers and the hard work and dedication of our global teams, we have built a resilient organisation that is ready for continued success.” Result PDF