Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Samvardhana Motherson International Limited has submitted with Exchange schedule of Investor Conference.15-11-2023
15-11-2023
Samvardhana Motherson International Share Price Live blog for 15 Nov 2023
Samvardhana Motherson International stock price went down today, 15 Nov 2023, by -1.42 %. The stock closed at 90.95 per share. The stock is currently trading at 89.66 per share. Investors should monitor Samvardhana Motherson International stock price closely in the coming days and weeks to see how it reacts to the news.15-11-2023
Buy Samvardhana Motherson International; target of Rs 110: Emkay Global Financial
Emkay Global Financial is bullish on Samvardhana Motherson International has recommended buy rating on the stock with a target price of Rs 110 in its research report dated November 10, 2023.13-11-2023
Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Samvardhana Motherson International Limited has submitted to Exchange Newspaper Publication.10-11-2023
Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Samvardhana Motherson International Limited has submitted with the Exchange outcome of Investor Call held on November 9, 2023.09-11-2023
Samvardhana Motherson International Results Earnings Call for Q2FY24
Conference Call with Samvardhana Motherson International Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.09-11-2023
Q2FY24 Quarterly Result Announced for Samvardhana Motherson International Ltd.
Auto Parts & Equipment company Samvardhana Motherson International announced Q2FY24 results: 1. Financial Performance: - The company recorded revenue of Rs 23,474 crore, representing a growth of 28% compared to Q2FY23. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at Rs 2,001 crore. - The company reported a Profit After Tax (PAT) of Rs 451 crore, excluding one-time provisions for footprint rationalization in the uncertain business environment. - Leverage is under control - The net debt to EBITDA ratio is at 1.9x, well below the stated financial policy of 2.5x. This is despite paying approximately Rs 3,800 crore for the foreclosed acquisitions. 2. Booked Business and Acquisitions: - SAMIL's automotive booked business grew to USD 77+ billion, with a share of 22% coming from Electric vehicles. - The company closed four acquisitions during the quarter, including SAS, Saddles, Rollon, and Ichikoh. Commenting on the results, Vivek Chaand Sehgal, Chairman, Motherson, said, "This performance is a testament to our team's dedication and hard work on the back of customer support in navigating uncertain business environments. We are cautious yet confident in our ability to adapt and navigate through these challenges. The integration of acquired entities is at its initial phase and moving in the right direction towards unlocking its full value in the coming times. The booked business of over USD 77 billion reflects the strong relationship and mutual trust we share with our customers." Result PDF09-11-2023
Samvardhana Motherson International Ltd - 517334 - Subject To The Approval Of Shareholders, The Board Has Consented For Alteration In The Object Clause Of The Memorandum Of Association
Subject to the approval of shareholders, the Board has consented for alteration in the Object Clause of the Memorandum of Association.09-11-2023
Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Company has submitted with Exchange Press Release on financial results for quarter and half year ended September 30, 2023.09-11-2023