- Samvardhana Motherson’s net income for the third quarter was 8.79 billion rupees, an increase of 62% year-over-year, but it missed the estimated 9.29 billion rupees.
- Revenue reached 276.7 billion rupees, up 7.9% from the same period last year, yet short of the anticipated 293.72 billion rupees.
- Wiring harness revenue slightly decreased by 1.1% year-over-year to 78.3 billion rupees, below the expected 83.47 billion rupees.
- Revenue from modules and polymer products rose by 15% to 146.1 billion rupees, almost matching the forecast of 146.28 billion rupees.
- Vision systems generated 47.3 billion rupees in revenue, down 1.7% year-over-year but exceeding the estimate of 46.67 billion rupees.
- Emerging businesses revenue increased significantly by 37% to 26.9 billion rupees, falling short of the anticipated 31.23 billion rupees.
- Total costs for the quarter were 265.6 billion rupees, representing a 6.6% increase from the previous year.
- Other income improved to 1.11 billion rupees compared to 538.4 million rupees in the previous year.
- EBITDA stood at 27.76 billion rupees, marking a 16% increase year-over-year.
- The company currently has 16 buy ratings, 3 hold ratings, and 3 sell ratings from analysts.
Samvardhana Motherson International Ltd on Smartkarma
On Smartkarma, independent analyst Clarence Chu has published a bullish research report on Samvardhana Motherson International Ltd. The report titled “Samvardhana Motherson QIP – Well Flagged US$780m QIP in a Decent Name” covers the company’s plans to raise up to US$780m through a Qualified Institutional Placement (QIP) along with a US$270m compulsory convertible debenture (CCD) offering. The offering has received multiple rounds of approvals and has garnered attention from domestic media. Chu analyzes the deal using an Equity Capital Markets (ECM) framework, providing insights on deal dynamics.
A look at Samvardhana Motherson International Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Samvardhana Motherson International Ltd, a manufacturer of automotive parts with a global market presence, has received positive ratings in various aspects according to Smartkarma Smart Scores. The company scores well in Dividend and Resilience, indicating a strong payout and ability to withstand economic challenges. However, it lags slightly in Momentum, suggesting a slower growth rate in comparison to its peers. The Value and Growth scores sit in the middle range, highlighting a balanced positioning for the company in terms of valuation and future expansion prospects.
Overall, Samvardhana Motherson International Ltd‘s Smart Scores paint a picture of a company with stable dividends and resilience, but with room for improvement in terms of growth and momentum. Investors may find value in the company’s consistent payout and ability to weather economic uncertainties, while also considering its potential for future expansion and market momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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