Motherson Sumi Wiring Reports Q2’26 Revenue of Rs. 2762 Cr, 19% YoY Growth
Filing Summary
Motherson Sumi Wiring India Limited (MSWIL) announced its un-audited financial results for the second quarter of fiscal year 2025-26, reporting revenues of Rs. 2762 crores. This represents a 19% year-over-year growth, significantly surpassing the industry’s 4% growth rate. The company’s performance was driven by premiumization and new model launches. MSWIL maintains a debt-free status and reported an EV revenue share of 6.7% for Q2 FY26. The company also commenced production at one of its three Greenfield projects, with further ramp-up expected in upcoming quarters.
Motherson Sumi Wiring India Limited (MSWIL) has released its un-audited financial results for the second quarter of the fiscal year 2025-26, ending September 30, 2025. The company reported revenues of Rs. 2762 crores, marking a 19% year-over-year growth. This growth rate significantly exceeds the industry’s average growth of 4% for the same period. The results were announced following a Board Meeting held on November 5, 2025.
The financial performance of MSWIL in Q2 FY26 highlights a strong revenue increase from Rs. 2326 crores in Q2 FY25 to Rs. 2762 crores in Q2 FY26. The company’s EBITDA for the quarter was Rs. 280 crores, compared to Rs. 250 crores in the previous year, reflecting a 12% increase. The PAT stood at Rs. 165 crores, up from Rs. 152 crores in Q2 FY25, indicating a 9% growth.
Operationally, MSWIL continues to benefit from its strategic focus on premiumization and its involvement in new model launches. The company has successfully commenced production at one of its three Greenfield projects, with further ramp-up planned for the coming quarters. This development is expected to support future growth. Additionally, MSWIL maintains a debt-free status, which is a significant aspect of its financial strategy. The company’s share of revenue from electric vehicles (EV) was reported at 6.7% for Q2 FY26.
The market context for MSWIL’s performance includes a focus on premiumization and volume growth, which have been key drivers of its revenue increase. The company’s ability to outpace industry growth is attributed to its strategic initiatives and operational efficiencies. MSWIL’s involvement in the wiring harness segment for OEMs in India positions it well to capitalize on current and future automotive trends.
The timeline for MSWIL’s ongoing projects includes the ramp-up of its Greenfield projects, which are aligned with the internal combustion engine (ICE) and EV program plans of its customers. The company is focused on delivering sustainable value to stakeholders while maintaining its financial discipline.
Motherson Sumi Wiring India Limited (MSWIL) is a joint venture between Samvardhana Motherson International Limited (SAMIL) and Sumitomo Wiring Systems, Ltd. (SWS). It is a leading provider of full-system solutions to OEMs in the wiring harness segment in India. MSWIL is committed to meeting customer needs across the supply chain, from product design to the production of integrated electrical and electronic distribution systems.