Revenue toh bhaag raha hai!
Asli baat yeh hai ki company ne Q3 FY26 mein 25.5% zyaada revenue banaya, jo ki ₹2,887 Crore tak pahunch gaya. Yeh growth mostly automotive sector ki acchi demand aur unke naye greenfield projects ke badhte contribution ki wajah se hai. Net profit bhi 6.8% badh kar ₹150 Crore ho gaya (pichhle saal issi time ₹140 Crore tha). EBITDA bhi 10.3% jump karke ₹262.5 Crore ho gaya, jo show karta hai ki operations kaafi badh gaye hain.
Par margins kyun gire?
Abhi revenue toh badh raha hai, lekin operating margins thode kam ho gaye hain, ~9% ke aas paas, jo pehle 10% se zyada the. Iska sabse bada reason hai copper ka badhta hua price. Copper wiring ka main raw material hai, aur jab woh mehenga hota hai, toh margins par pressure aata hi hai. Iske saath hi, customers se payment settlement mein thodi delay bhi hui, jisne situation ko aur tight kar diya. Lekin company ka kehna hai ki unke jo purane units hain, unki profitability theek hai, yeh sab temporary issues hain.
Future ke liye kya hai plan?
Company EV (Electric Vehicle) programs par bhi kaafi focus kar rahi hai, aur ab EV revenue total revenue ka 5.8% ho gaya hai. Yeh future ki taraf ek bada kadam hai. Aur company ka balance sheet bilkul debt-free hai, toh future ke liye investments karne mein aasani hogi. Chairman Vivek Chaand Sehgal ne bhi bola hai ki customers ka bharosa badh raha hai aur alag-alag manufacturing units mein efficiency bhi sudhar rahi hai, especially naye projects se.
Market kya bolta hai aur aage ka outlook?
Indian auto component sector abhi kaafi stable chal raha hai, aur EV par bhi focus badh raha hai. Motherson Sumi Wiring India jaise companies copper jaise commodity prices ke fluctuations se affected ho sakte hain, lekin industry isse deal karne ke tareeke dhoondh rahi hai. Company ki market cap lagbhag ₹25,000 Crore hai aur P/E ratio ~30 chal raha hai. January 30, 2026 ko stock price ₹45.50 tha aur trading volume bhi accha dikha, yani investors interested hain. Ab dekhna yeh hai ki company kaise copper price volatility ko manage karti hai aur EV market se kitna fayda utha pati hai.