ICICI Securities: A Closer Look At SAMIL’s Businesses After Motherson Sumi Group Rejig

ICICI Securities: A Closer Look At SAMIL’s Businesses After Motherson Sumi Group Rejig

A worker holds a wire harness at the Motherson Sumi Systems Ltd. wiring harness plant in Faridabad, India. (Photographer: Brent Lewin/Bloomberg)

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ICICI Securities Report

Motherson Sumi Systems Ltd. management hosted investors for an interaction on the top-10 businesses incubated under Samvardhana Motherson International (SAMIL), which is to be merged into Motherson Sumi Systems.

Key takeaways from the call:

SAMIL has a total portfolio of 17-18 companies with 15 joint venture partners from six countries generating overall revenue of Rs 28 billion and 13.3% Ebitda in FY20 spread across 50 facilities.

The total capital invested in SAMIL (ex-of Samvardhana Motherson Automotive Systems Group BV/Motherson Sumi Systems) is approximately Rs 28 billion.

Click on the attachment to read the full report:

ICICI Securities Motherson Sumi Company Update.pdf
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