Samvardhana Motherson Q3 FY26 Earnings Results Out: Revenue Hits Record ₹31,409 Crore

SamvardhanaMotherson International Ltd reported a steady set of results for the December quarter (Q3 FY26), with the company posting its highest-ever quarterly revenue. The auto components major continued to benefit from demand across geographies, while maintaining stable profitability despite ongoing investments.

Revenue Grows 14% To A Record High

Motherson’s consolidated revenue rose 14% year-on-year to ₹31,409 crore, marking the strongest quarterly revenue performance in the company’s history. The growth was supported by traction across both its automotive and non-automotive businesses, along with steady customer demand.

The company’s performance also reflected its diversified global presence, with business coming from multiple markets and product categories.

EBITDA Up 13%, Margins Remain Flat

EBITDA increased 13.3% year-on-year to ₹3,043 crore in Q3 FY26. Operating margin stood at 9.7%, largely unchanged from the year-ago quarter.

This suggested that while the company continued to grow its topline, margins remained stable even as it invested in new projects and handled higher working capital requirements.

Net Profit Rises 16.5% To ₹1,023 Crore

Net profit for the quarter grew 16.5% year-on-year to ₹1,023 crore. The profit growth came alongside higher revenue and steady operating performance.

Motherson said its diversified capabilities and global execution helped it deliver this record quarter.

Capex Remains Strong; New Greenfield Projects Announced

During the quarter, Motherson incurred capital expenditure of ₹1,594 crore, which was about 52% of EBITDA. The spending was largely directed towards upcoming greenfield projects and maintenance requirements.

Two new greenfield facilities were announced:

• A wiring harness plant in Morocco
• A vision systems unit in Pune

The company also indicated that its recently announced mergers and acquisitions are expected to close in the first half of FY27. It expects organic growth to improve as its consumer electronics and aerospace businesses scale up.

Leverage Stable; Stock Gains After Results

Motherson maintained a net leverage ratio of 1.1x, despite continued investments and elevated working capital. The company said it is working towards gradual deleveraging.

Following the results, the stock rose in trade and was up over 3% in the afternoon session.

Read more: Best Monopoly Stocks in February 2026: HAL, CDSL, IRCTC and More Based on 5-yr CAGR Basis.

Conclusion

Motherson delivered a stable Q3 FY26 performance with record revenue, steady margins, and double-digit profit growth. The company’s ongoing capex, new greenfield projects, and expected M&A closures point to a continued focus on long-term expansion. However, investors may track working capital, leverage trends, and execution as the growth pipeline scales further.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.