Company Profile

MOTHERSON SUMI SYSTEMS LTD.

NSE : MOTHERSUMIBSE : 517334ISIN CODE : INE775A01035Industry : Auto AncillaryHouse : Sumi Motherson
BSE238.100.45 (+0.19 % )
PREV CLOSE (Rs.) 237.65
OPEN PRICE (Rs.) 238.10
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 372166
TODAY'S LOW / HIGH (Rs.)237.30 243.65
52 WK LOW / HIGH (Rs.)91.4 273
NSE237.95 0.2 (+0.08 % )
PREV CLOSE(Rs.) 237.75
OPEN PRICE (Rs.) 238.90
BID PRICE (QTY) 237.95 (93 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10799838
TODAY'S LOW / HIGH(Rs.) 237.10 243.70
52 WK LOW / HIGH (Rs.)91.4 272.85

Company News

Date Heading Details
02-Jun-2021 Motherson Sumi Systems reports around 8-fold jump in Q4 consolidated net profit <p align="justify">Motherson Sumi Systems has reported results for fourth quarter and year ended March 31, 2021.<p align="justify">The company has reported a fall of 36.56% in its net profit from continuing and discontinued operations at Rs 244.88 crore for the quarter under review as compared to Rs 386.01 crore for the same quarter in the previous year. Total income of the company increased by 1.15% at Rs 1,291.68 crore for Q4FY21 as compared Rs 1,277.03 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported around 8-fold jump in its net profit from continuing and discontinued operations at Rs 1,018.69 crore for the quarter under review as compared to Rs 135.66 crore for the same quarter in the previous year. Total income of the company increased by 17.84% at Rs 17,033.46 crore for Q4FY21 as compared Rs 14,454.24 crore for the corresponding quarter previous year.<p align="justify">For the year ended March 31, 2021, the company has reported a fall of 42.07% in its net profit from continuing and discontinued operations at Rs 520.70 crore as compared to Rs 898.82 crore for the previous year. Total income of the company decreased by 13.26% at Rs 3,779.56 crore for year under review as compared to Rs 4,357.30 crore for year ended March 31, 2020.<p align="justify">For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 21.24% in its net profit from continuing and discontinued operations at Rs 1,569.37 crore as compared to Rs 1,294.44 crore for the previous year. Total income of the company decreased by 5.50% at Rs 57,599.24 crore for year under review as compared to Rs 60,953.54 crore for year ended March 31, 2020.</p>
02-Jun-2021 Motherson Sumi Systems zooms on reporting around 8-fold jump in Q4 consolidated net profit <p align="justify">Motherson Sumi Systems is currently trading at Rs. 260.75, up by 23.35 points or 9.84% from its previous closing of Rs. 237.40 on the BSE.<p align="justify">The scrip opened at Rs. 237.40 and has touched a high and low of Rs. 264.40 and Rs. 234.60 respectively. So far 4904050 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 264.40 on 02-June-2021 and a 52 week low of Rs. 87.00 on 12-Jun-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 264.40 and Rs. 230.60 respectively. The current market cap of the company is Rs. 82279.98 crore.<p align="justify">The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 30.06% and 8.21% respectively.<p align="justify">Motherson Sumi Systems has reported a fall of 36.56% in its net profit from continuing and discontinued operations at Rs 244.88 crore for the quarter ended March 31, 2021 as compared to Rs 386.01 crore for the same quarter in the previous year. Total income of the company increased by 1.15% at Rs 1,291.68 crore for Q4FY21 as compared Rs 1,277.03 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported around 8-fold jump in its net profit from continuing and discontinued operations at Rs 1,018.69 crore for the quarter ended March 31, 2021 as compared to Rs 135.66 crore for the same quarter in the previous year. Total income of the company increased by 17.84% at Rs 17,033.46 crore for Q4FY21 as compared Rs 14,454.24 crore for the corresponding quarter previous year.<p align="justify">For the year ended March 31, 2021, the company has reported a fall of 42.07% in its net profit from continuing and discontinued operations at Rs 520.70 crore as compared to Rs 898.82 crore for the previous year. Total income of the company decreased by 13.26% at Rs 3,779.56 crore for year under review as compared to Rs 4,357.30 crore for year ended March 31, 2020.<p align="justify">For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 21.24% in its net profit from continuing and discontinued operations at Rs 1,569.37 crore as compared to Rs 1,294.44 crore for the previous year. Total income of the company decreased by 5.50% at Rs 57,599.24 crore for year under review as compared to Rs 60,953.54 crore for year ended March 31, 2020.</p>
24-May-2021 Board Meeting Intimation for Consideration And Approval Of The Financial Results For The Period Ended March 31, 2021 And Dividend MOTHERSON SUMI SYSTEMS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/06/2021 ,inter alia, to consider and approve the financial results for the period ended March 31, 2021 and to recommend dividend, if any.
22-May-2021 Motherson Sumi Systems informs about board meeting <p align="justify">Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Motherson Sumi Systems has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, June 2, 2021, to consider, approve the audited financial results and consolidated financial results for the quarter and financial year ended March 31, 2021 and to recommend dividend, if any.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
20-May-2021 Announcement under Regulation 30 (LODR)-Demise Motherson Sumi Systems Limited has informed the Exchange regarding change in Director of the company.
04-May-2021 Motherson Sumi Systems surges on successfully completing acquisition of Bombardier's EWIS <p align="justify">Motherson Sumi Systems is currently trading at Rs. 220.55, up by 4.85 points or 2.25% from its previous closing of Rs. 215.70 on the BSE.</p><p align="justify">The scrip opened at Rs. 219.00 and has touched a high and low of Rs. 221.60 and Rs. 217.85 respectively. So far 116724 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 238.20 on 03-Mar-2021 and a 52 week low of Rs. 72.40 on 06-May-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 226.50 and Rs. 211.10 respectively. The current market cap of the company is Rs. 68116.64 crore.</p><p align="justify">The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 30.06% and 8.21% respectively.</p><p align="justify">Motherson Sumi Systems through its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has successfully completed the acquisition of assets and activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation's manufacturing site in Huehuetoca, Mexico (BT Ensambles México). </p><p align="justify">MRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs and electrical distribution systems for leading rolling stock manufacturers. The company has supported Bombardier's transformation process over the last years and the successful closure of this acquisition in Mexico is in alignment with the same. In the past the company had also acquired Bombardier's UK rolling stock electrical component and systems business in Derby.</p><p align="justify">Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.<br></p>
04-May-2021 Uttam Sugar Mills, JSW Energy and Bafna Pharmaceuticals to see some action today <p align="justify"><strong>Uttam Sugar Mills</strong> has installed and implemented the ‘Incineration Boiler' at the distillery unit Barkatpur in Uttar Pradesh (UP). This will result in increase in the distillery capacity of the company from 450 lakh BL p.a. to 540 lakh BL p.a.</p><p align="justify"><strong>JSW Energy</strong>'s 100% subsidiary -- JSW Future Energy had received Letter of Awards (LoA) for total Blended Wind capacity of 810 MW from Solar Energy Corporation of India (SECI) in respect of the Tariff based Competitive Bid invited by SECI for setting up of 2500 MW ISTS-connected Blended Wind Power Projects.</p><p align="justify"><strong>Bafna Pharmaceuticals</strong> has added two fully automated packaging lines to its existing capacity and they have been approved by the UK-MHRA (Medicines and Healthcare products Regulatory Agency) for the United Kingdom and the European Union (EU). This approval will enable the company to increase its output and consequentially generate higher revenue and profits.</p><p align="justify"><strong>Reserve Bank of India</strong> (RBI) has imposed a penalty of Rs 3 crore on <strong>ICICI Bank</strong>. The penalty is for contravention of certain directions issued by the RBI contained in Master Circular on ‘Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks' dated July 1, 2015.</p><p align="justify"><strong>Maruti Suzuki India</strong> has reported a 4 per cent decline in total sales to 1,59,691 units in April as compared to 1,67,014 units in March this year as a spike in COVID-19 cases hit dispatches. The company did not sell any unit in the domestic market in April last year due to the nationwide lockdown. Its domestic sales in April stood at 1,42,454 units, down 8 per cent from 1,55,417 units in March. Sales of mini cars, comprising Alto and S-Presso, increased by 2 per cent to 25,041 units in April as against 24,653 units in March. Sales of compact segment vehicles, including Swift, Celerio, Ignis, Baleno and Dzire, declined by 12 per cent to 72,318 units from 82,201 cars in March this year. Sales of mid-sized sedan Ciaz, declined by 4 per cent to 1,567 units as compared to 1,628 units in March this year.</p><p align="justify"><strong>Motherson Sumi Systems</strong> through its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has successfully completed the acquisition of assets and activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation's manufacturing site in Huehuetoca, Mexico (BT Ensambles México).</p><p align="justify"><strong>Kotak Mahindra Bank</strong> has reported results for fourth quarter March 31, 2021. The bank has reported 32.83% rise in its net profit at Rs 1682.37 crore for the quarter under review as compared to Rs 1266.60 crore for the same quarter in the previous year. Total income of the bank increased by 1.26% at Rs 8398.39 crore for Q4FY21 as compared Rs 8294.07 crore for the corresponding quarter previous year. On the consolidated basis, the bank has reported 35.91% rise in its net profit at Rs 2589.32 crore for the quarter under review as compared to Rs 1905.18 crore for the same quarter in the previous year. Total income of the bank increased by 33.85% at Rs 16175.87 crore for Q4FY21 as compared Rs 12084.71 crore for the corresponding quarter previous year.<br></p>
03-May-2021 Motherson Sumi Systems successfully completes acquisition of Bombardier's EWIS <p align="justify">Motherson Sumi Systems through its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has successfully completed the acquisition of assets and activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation's manufacturing site in Huehuetoca, Mexico (BT Ensambles México). <p align="justify">MRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs and electrical distribution systems for leading rolling stock manufacturers. The company has supported Bombardier's transformation process over the last years and the successful closure of this acquisition in Mexico is in alignment with the same. In the past the company had also acquired Bombardier's UK rolling stock electrical component and systems business in Derby.<p align="justify">Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.</p>
03-May-2021 Motherson Sumi Systems informs about press release <p align="justify">With reference to its letter dated October 20, 2020 regarding execution of definitive agreement between Motherson Rolling Stock Mexico, S. de R.L. de C.V. (‘MRSM'), a wholly owned indirect subsidiary of Motherson Sumi Systems (the ‘Company') through PKC Group Oy, with Bombardier to acquire Bombardier Transportation's manufacturing site for Electrical Wiring Interconnection Systems in Huehuetoca, Mexico. Now, MRSM has completed acquisition of Bombardier Transportation's manufacturing site for Electrical Wiring Interconnection Systems in Huehuetoca, Mexico on May 1, 2021 upon receipt of related approval(s) and completion of other closing events. In this respect, Motherson Sumi Systems has informed that it has enclosed a press release on 3rd May 2021 regarding the same.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
03-May-2021 Announcement under Regulation 30 (LODR)-Press Release / Media Release Motherson Sumi Systems Limited has submitted the Press Release issued by the Company.