Motherson Sumi Systems Limited is an Indian multinational company that specializes in manufacturing and supplying automotive wiring harnesses, components, and other automotive solutions. The company is headquartered in Noida, India, and it is a significant player in the global automotive industry. Motherson Sumi is known for its expertise in electrical distribution systems, interior and exterior components, and a wide range of automotive technologies. In this article we will discuss Motherson Sumi Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of Motherson Sumi Systems Limited
Motherson Sumi Systems Limited operates on a business model that revolves around being a leading global supplier of automotive solutions and components. Motherson Sumi’s business model:
- Automotive Component Manufacturing: Motherson Sumi primarily focuses on manufacturing a wide range of automotive components and systems, including wiring harnesses, interior and exterior components, rearview mirrors, lighting systems, and more. They produce these components in-house to maintain quality control and efficiency.
- Diverse Product Portfolio: The company offers a diverse product portfolio to cater to various segments of the automotive industry, from passenger cars and commercial vehicles to two-wheelers and more. This diversity allows them to serve a broad customer base.
- Global Presence: Motherson Sumi has a strong global presence with manufacturing facilities and operations in multiple countries. They have strategically expanded their footprint to be closer to their customers and reduce logistics costs.
- Strategic Partnerships and Joint Ventures: The company often forms strategic partnerships and joint ventures with other automotive manufacturers and suppliers. These collaborations help them access new markets, technologies, and customer bases while sharing resources and risks.
- Customer-Centric Approach: Motherson Sumi prioritizes customer satisfaction by providing innovative solutions tailored to their specific needs. They work closely with automotive OEMs (Original Equipment Manufacturers) to design and develop components that meet industry standards and regulations.
- Continuous Innovation: Innovation is a core part of their business model. They invest in research and development to stay at the forefront of automotive technology. This allows them to offer cutting-edge products and solutions to their customers.
- Quality Assurance: Quality is paramount in the automotive industry, and Motherson Sumi places a strong emphasis on maintaining high-quality standards throughout their manufacturing processes. They adhere to strict quality control measures to meet the demands of their customers and regulatory requirements.
- Supply Chain Efficiency: To ensure timely delivery and cost-effective production, Motherson Sumi focuses on optimizing its supply chain. This includes sourcing raw materials efficiently, managing inventory effectively, and streamlining production processes.
Note – From 9th June 2022, After Demerger the name of Motherson Sumi Systems Ltd (MSSL) changed to Samvardhana Motherson International Ltd. (SAMIL).
Shareholding of Motherson Sumi Systems Limited
As of June 2023, Shareholding of Samvardhana Motherson International Ltd. (SAMIL) are as –
- Promotors & Group – 64.77%.
- Retail & Others- 35.23%.
Motherson Sumi Share
Samvardhana Motherson International Ltd. is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company.
As of 20 September, 2023, Motherson share price on the NSE was INR 190.50/-, Motherson Share 52 week high at Rs. 191/- & 52 week low Rs. 32.85/-, Dividends Yields of Motherson is 1.12% & P/E is 27.09.
| Company Name | Samvardhana Motherson International Ltd (SAMIL) |
| Share Name | MOTHERSON |
| Sector | Automotive |
| Headquater | Noida |
| Foundation | 2003 |
| Key Person | Vivek Chaand Sehgal (Chairman & MD) |
| Market Cap | 66,848 Crores Rs. |
| Revenue | 23,396.82 Crore Rs |
| Official Website | Click Here |
Motherson Sumi Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 95 | 120 |
| 2024 | 125 | 150 |
| 2025 | 160 | 185 |
| 2026 | 190 | 220 |
| 2027 | 230 | 280 |
| 2028 | 290 | 360 |
| 2029 | 375 | 465 |
| 2030 | 480 | 570 |
| 2040 | 1080 | 1160 |
| 2050 | 1800 | 1950 |
Note:- “That these share price targets for “Samvardhana Motherson Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Motherson Sumi Limited
Annual Results Summary 2022-23 of Samvardhana Motherson International Limited (SAMIL) –
- Consolidated net sales of Rs. 72,221.81 crore, up 31% from the previous year.
- Net profit of Rs. 7,704.17 crore, up 25% from the previous year
- Strong growth in all business segments:
- Wiring Harness: Revenue grew by 32% to Rs. 42,787.10 crore
- Vision Systems: Revenue grew by 29% to Rs. 14,359.14 crore
- Modules & Polymer: Revenue grew by 28% to Rs. 10,568.52 crore
- Others: Revenue grew by 26% to Rs. 4,507.05 crore
- Strong growth in all geographies:
- North America: Revenue grew by 33% to Rs. 32,105.12 crore
- Europe: Revenue grew by 30% to Rs. 21,429.22 crore
- Asia Pacific: Revenue grew by 28% to Rs. 18,687.47 crore
- Well-positioned to benefit from the long-term trends of electrification, autonomy, and connectivity in the automotive industry
Last 5 Year History of Motherson Share
In Last 5 year Motherson Share give -15.45% returns to its Investors.
| Year | Share Price |
| Sep 2019 | 71.70 |
| Sep 2020 | 81.77 |
| Sep 2021 | 148.67 |
| Sep 2022 | 82.80 |
| Sep 2023 | 96.50 |
Motherson Sumi Share Price Target 2023
For the financial year 2022-23, Samvardhana Motherson International Limited (SAMIL) reported a consolidated net sales of Rs. 72,221.81 crore, up 31% from the previous year. Net profit for the year stood at Rs. 7,704.17 crore, up 25% from the previous year. As per business of company we expect growth of the company.
Motherson Sumi share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹95 | ₹120 |
Motherson Sumi Share Price Target 2024
From Last Year, The company’s performance was driven by strong growth in all its business segments, including Wiring Harness, Vision Systems, Modules & Polymer, and Others.
Motherson Sumi share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹125 | ₹150 |
Motherson Sumi Share Price Target 2025
Samvardhana Motherson International Limited (SAMIL) is well-positioned to benefit from the long-term trends of electrification, autonomy, and connectivity in the automotive industry.
Motherson Sumi share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹160 | ₹185 |
Motherson Sumi Share Price Target 2026
SAMIL has a strong track record of innovation and growth. The company has a diversified customer base and a global presence. It is also investing heavily in new technologies, such as electric vehicles and autonomous driving.
Motherson Sumi share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹190 | ₹220 |
Motherson Sumi Share Price Target 2027
Autonomous driving is another important trend in the automotive industry. SAMIL is developing a range of components and systems for autonomous vehicles, and it is well-positioned to be a leader in this market.
Motherson Sumi share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹230 | ₹280 |
Motherson Sumi Share Price Target 2028
The shift towards electric vehicles is one of the most important trends in the automotive industry. Company heavily invested in electric vehicles segments, SAMIL is a leading supplier of components and systems for electric vehicles, and it is well-positioned to benefit from this trend.
Motherson Sumi share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹290 | ₹360 |
Motherson Sumi Share Price Target 2029
SAMIL is also likely to benefit from the growth of the global automotive industry. The global automotive market is expected to grow at a CAGR of 2.7% from 2023 to 2028. This growth is likely to be driven by the increasing demand for vehicles in emerging markets.
Motherson Sumi share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹375 | ₹465 |
Motherson Sumi Share Price Target 2030
Motherson Sumi’s business model centers on being a reliable and innovative partner in the automotive industry, providing high-quality components and solutions while continually adapting to market dynamics and customer needs.
Motherson Sumi share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹480 | ₹570 |
Joint Ventures & Subsidiaries of Motherson Sumi
Samvardhana Motherson International Limited (SAMIL) ( formerly known as Motherson Sumi Systems Limited) has a significant presence in the automotive industry through various joint ventures and subsidiaries. Here are some list of joint ventures and subsidiaries associated with Motherson Sumi –
Joint Ventures:
- Samvardhana Motherson Reflectec (SMR): SMR is a joint venture between Motherson Sumi Systems and Samvardhana Motherson International Limited (SMIL). It specializes in manufacturing automotive rearview mirrors and camera-based vision systems for automobiles.
- Motherson Sumi Wiring India Limited (MSWIL): MSWIL is a joint venture between Motherson Sumi Systems Limited and Sumitomo Wiring Systems, a Japanese company. It focuses on manufacturing wiring harnesses for the automotive industry.
- Motherson Sumi Electric Wires (MSEW): This joint venture is between Motherson Sumi Systems and Furukawa Electric Co., Ltd. It specializes in producing automotive wiring harnesses and electrical distribution systems.
- Motherson Sumi INfotech & Designs Limited (MIND): MIND is a joint venture between Motherson Sumi Systems and Japan’s Sumitomo Wiring Systems. It provides engineering and information technology services to the automotive industry.
Subsidiaries:
- SMR Automotive Systems India Limited: This subsidiary of Motherson Sumi is involved in manufacturing automotive mirrors and related systems.
- Motherson Automotive Technologies & Engineering (MATE): MATE is a subsidiary engaged in the development and manufacturing of automotive interior and exterior components.
- Motherson Rolling Stocks Limited (MRSL): MRSL specializes in manufacturing electrical components for the railway industry, including wiring harnesses and connectors.
- Motherson Innovations Company Limited (MI): MI focuses on research and innovation in various fields, including automotive technologies.
- Motherson Advanced Tooling Solutions Limited (MATS): MATS is involved in designing and manufacturing tooling and molds for the automotive industry.
- Motherson Engineering Limited (MEL): MEL provides engineering services and solutions to the automotive sector.
- Motherson Sumi (FZE): This subsidiary operates in the United Arab Emirates and is involved in various automotive component manufacturing activities.
- PKC Group: Motherson Sumi acquired PKC Group, a global supplier of electrical distribution systems and electronics for commercial vehicles. It operates as a subsidiary under the Motherson Group.
Recent News of Samvardhana Motherson International Limited
- In a significant move in August 2023, SAMIL unveiled its plans to inject a substantial $500 million into the development of electric vehicle components. This sizeable investment marks a pivotal step towards bolstering the company’s production capabilities in the electric vehicle industry, encompassing vital components such as battery packs, motors, and charging systems.
- In a strategic announcement made in July 2023, SAMIL forged a dynamic partnership with Honda Motor, aimed at spearheading the innovation and production of autonomous driving systems. Under this collaborative endeavor, SAMIL will contribute its extensive knowledge and experience in automotive components and systems, while benefiting from Honda’s cutting-edge expertise in autonomous driving technology.
- In June 2023, SAMIL took a significant leap forward by inaugurating a state-of-the-art manufacturing facility in China dedicated to the production of electric vehicle components. Nestled in the bustling city of Changzhou, Jiangsu Province, this facility is poised to churn out an impressive one million electric vehicle components annually, solidifying SAMIL’s presence in the rapidly evolving electric vehicle market.
FAQs
Motherson Sumi is well-positioned to benefit from the long-term trends of electrification, autonomy, and connectivity in the automotive industry. for year 2023 Motherson Sumi share price will be Rs.105 to Rs.120.
Motherson Sumi is often considered to be a multibagger, which is a stock that has the potential to generate high returns over the long term. the company have Strong track record of innovation and growth, Well-positioned to benefit from long-term trends & Strong management team.
As per our research motherson sumi target price in 2023 is Rs.105 to Rs.120.
As per our analysis Motherson sumi share price in 2024 will be Rs.125 to Rs.150.
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