- Samvardhana Motherson’s net income for the first quarter was 5.12 billion rupees, falling short of the estimated 9.09 billion rupees.
- The company’s revenue totaled 302.12 billion rupees, slightly below the estimated 302.99 billion rupees.
- Wiring harness revenue stood at 86.40 billion rupees, exceeding the estimated figure of 84.11 billion rupees.
- Revenue from modules and polymer products reached 150.08 billion rupees, which was lower than the estimated 158.55 billion rupees.
- The vision systems division generated 51.37 billion rupees in revenue, missing the estimate of 52.36 billion rupees.
- Emerging businesses surpassed expectations with a revenue of 37.02 billion rupees, higher than the estimated 33.79 billion rupees.
- Total costs for the company amounted to 294.08 billion rupees.
- Additional income for the quarter was recorded at 804.8 million rupees.
- The company’s EBITDA was 24.66 billion rupees.
- Analyst recommendations included 21 buys, 2 holds, and 3 sells.
A look at Samvardhana Motherson International Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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 company specializing in manufacturing and distributing automotive parts, has garnered positive outlook scores in various key areas as per Smartkarma Smart Scores analysis. With above-average ratings in Dividend, Growth, and Momentum, the company shows promise for long-term performance. The company’s strong Dividend score indicates a solid track record of dividend payments, appealing to income-seeking investors. Additionally, the Growth and Momentum scores point towards the company’s potential for expansion and upward price movement, reflecting positively on its future prospects.
Despite having slightly lower scores in Value and Resilience, Samvardhana Motherson International Ltd remains positioned for growth and stability in the automotive parts industry. Overall, the combination of strong dividend payouts, growth potential, and positive momentum suggests a favorable long-term outlook for the company, making it an intriguing option for investors seeking opportunities in this sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
