Motherson Sumi’s FY2018 revenue up 33% to Rs 55,857 crore, reports record Q4 revenue

In FY2018, MSSL's overseas revenue grew by 35 percent and domestic revenues by 21 percent. While PBT increased by 18 percent, PAT was up by 25 percent.

Autocar Professional BureauBy Autocar Professional Bureau calendar 23 May 2018 Views icon21476 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Vivek Chaand Sehgal, chairman, MSSL said, “Our order books have registered the highest ever at Rs 1.3 lakh crore at Samvardhana Motherson Automotive System Group.

Vivek Chaand Sehgal, chairman, MSSL said, “Our order books have registered the highest ever at Rs 1.3 lakh crore at Samvardhana Motherson Automotive System Group."

Motherson Sumi Systems (MSSL), the country’s largest component manufacturer, has announced robust results for FY2018 and Q4 FY2018. For the fiscal the company posted a revenue of Rs 55,857 crore, up 33 percent and PAT of Rs 1,939 crore, up 25 percent.

For Q4 FY2018, the revenue was Rs 15,282 crore and consolidated EBITDA of Rs 1,667 crore, compared to revenue of Rs 11,100 crore and EBITDA of Rs 1,291 crore in the same period for the previous year.

Vivek Chaand Sehgal, chairman, MSSL said, “Our order books have registered the highest ever at Rs 1.3 lakh crore at Samvardhana Motherson Automotive System Group (SMRPBV). It has been an eventful year which has seen huge greenfield expansion to enable execution of the orders in the coming years and on the inorganic side the proposed acquisition of Reydel Automotive is on schedule. We are also very happy with the members from PKC Group, who have wholeheartedly embraced the Motherson family. There is a lot to be excited about and as always, together, we look forward to greater challenges and even greater rewards.”

Highlights
For fiscal 2018, the company states that its revenue from outside India grew by 35 percent; domestic revenues by 21 percent, while PBT increased by 18 percent and PAT by 25 percent. The EBITDA margin increased 28 percent, while standalone revenues up by 19 percent. The company received new orders (lifetime value at average Euro rate) for the full year amounting over Rs 35,464 crore Rs 18,109 crores in the second half of FY 2017-18.

The company executed orders amounting around Rs 3,320 crore beginning in H2 FY2017-18, while it claims to have a total order book of around Rs 129,785 crore.

RELATED ARTICLES
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year

auther Autocar Professional Bureau calendar11 Jul 2025

The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...

Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws

auther Autocar Professional Bureau calendar05 Jul 2025

The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...

VinFast’s second plant in Vietnam goes on stream ahead of India factory

auther Autocar Professional Bureau calendar30 Jun 2025

Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...