Motherson Sumi Q4 Review - Healthy Profitability Sustains, Electric Vehicle Order Book Exciting: ICICI Direct
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Motherson Sumi Systems Ltd. reported a healthy operational performance in Q4 FY21.
The key highlight was sustained profitability at its overseas operations: Samvardhana Motherson Reflectec (Ebitda margins at 12.9%) and Samvardhana Motherson Peguform (Ebitda margins at 8.7%).
Consolidated revenues (including domestic wiring harness) in Q4 FY21 were at Rs 18,482 crore, up 22% YoY.
Ebitda on a consolidated basis were at Rs 1,959 crore with Ebitda margins at 10.6%, down 20 basis points QoQ.
Consolidated profit after tax for Q4 FY21 was at Rs 714 crore versus Rs 183 crore in Q4 FY20.
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