Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Samvardhana Motherson International Limited has submitted with the exchange a copy of transcript of investor call held on May 29, 2024. Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Newspaper Publication
The Company has submitted with the Exchange a copy of news paper publication.
Samvardhana Motherson's stock target rise up to Rs 180. Should you buy, sell or hold?
Brokerages raised target prices for auto components maker Samvardhana Motherson International to Rs 180 as it reported a two-fold jump in net profit to Rs 1,444 crore for Q4FY24. Shares traded 1% higher on BSE at Rs 148. FY24 Annual Result Announced for Samvardhana Motherson International Ltd.
Auto Parts & Equipment company Samvardhana Motherson International announced FY24 results: SAMIL reports revenues of Rs 98,692 crore, up by 25% for FY24 Leverage ratio maintained at 1.4x (same as FY23) despite large M&A; payouts and growth capex. Strong customer relationships reflected in USD 83.9 billion automotive booked business (excluding Yachiyo) Delivered ROCE of 17% for FY24, compared to 11% in FY23; continued focus on further improvements. Majority of Growth Capex is in emerging markets, 18 Greenfields are on track to come on stream in FY25 & FY26. Visible results of Inventory/working capital optimisation – continue to be a key focus area. All announced M&As; closed as of May 2024, with integration well on track. Commenting on the results, Vivek Chaand Sehgal, Chairman, Motherson said, “We are encouraged by the company's performance, which results from the efforts of business divisions and acquired entities. We have also maintained a healthy financial position by keeping leverage and debt under control. Our automotive booked business of over USD 83.9 billion provides strong revenue visibility. We also foresee good traction from our non-automotive businesses, such as aerospace, consumer electronics, and health and medical. To fully utilise our manufacturing capabilities, we are setting up new facilities across emerging markets. We are grateful to our customers for their trust and confidence in Motherson and want to express our sincere appreciation to our people globally for their dedication and hard work.” Result PDF Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Samvardhana Motherson International Limited has submitted with the Exchange outcome for investor call.
Samvardhana Motherson International Results Earnings Call for Q4FY24
Conference Call with Samvardhana Motherson International Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript. Samvardhana Motherson International Ltd - 517334 - Announcement Under Regulation 30 Read With Regulation 31A Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Samvardhana Motherson International Limited has submitted with the Exchange extract of minutes of Board Meeting approving the request for reclassification from ''Promoter and Promoter Group'' category to ''Public'' category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Samvardhana Motherson International Ltd - 517334 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Samvardhana Motherson International Limited has submitted with the Exchange Annual Secretarial Compliance Report for the Financial Year ended March 31, 2024. Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Company has submitted with the exchange copy of Press Release. Samvardhana Motherson International Ltd - 517334 - Announcement under Regulation 30 (LODR)-Investor Presentation
The Company has submitted with the Exchange copy of Investor Presentation.