Motherson share price today

Samvardhana Motherson International Ltd's share price was ₹156.50 at the close on 30 October 2026. It has been rising for 56 weeks. That is 9.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹104 and ₹169, and at that close it sat 80% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Samvardhana Motherson International Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row.

Over the last 11 years the share price moved +338% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) raised their stake for 3 quarters in a row and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹35,244 crore, +16.7% on a year earlier.

   Why: Revenue rose because the wiring harness business gained in India and North American commercial vehicle sales recovered.

   Next results: check whether the glass plant starts adding consumer electronics sales over the next two quarters.

   From the earnings call on 6 Aug 2026.

2. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 11.8% to 13% of the company by the September 2026 quarter.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹35,244 crore in the June 2026 quarter is the highest of the last 16 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Motherson reported revenue of ₹35,244 crore, up 16.7% from ₹30,212 crore a year earlier, and a profit of ₹1,076 crore, up 77.6% from ₹606 crore.

Motherson results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Motherson's management discussed these results on a call held on 6 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Motherson closed at ₹156.50 on 30 October 2026, up 48.5% from ₹105.39 a year earlier (31 October 2025) and up 92.4% over five years. Its highest weekly close since February 2016 was ₹169.38 on 21 August 2026.

Motherson share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 26 February 2016 to 30 October 2026.

30 Oct 2026: Motherson closed at ₹156.50, up 3.2% on the week and down 0.3% on the month. Our read, 22 Aug 2026: April to June 2026 revenue ₹35244 crore grew 17% on a year earlier, the highest-ever quarterly mark, with operating profit up 26% and normalized profit up 55-102%, the operating trajectory is intact. Consumer electronics reached operating profit profitability in FY26 with 7.5x on a year earlier revenue growth; aerospace revenues grew 20%+ with the order book expanding 17% from FY26-end; Nexans Autoelectric and Yutaka Giken closed in July, adding harness and Japanese automotive scale.

Earlier

• 6 Aug 2026: Motherson held its results call for April to June 2026. Management guided: Consumer-electronics impact expected over the next 2 quarters as the glass facility launches; October to December 2026 commissioning remains on track.
• Results for April to June 2026: Revenue up 16.7% and profit up 77.6% on a year earlier.

Our read of the business

April to June 2026 revenue ₹35244 crore grew 17% on a year earlier, the highest-ever quarterly mark, with operating profit up 26% and normalized profit up 55-102%, the operating trajectory is intact. Consumer electronics reached operating profit profitability in FY26 with 7.5x on a year earlier revenue growth; aerospace revenues grew 20%+ with the order book expanding 17% from FY26-end; Nexans Autoelectric and Yutaka Giken closed in July, adding harness and Japanese automotive scale.

April to June 2026: All-time high quarterly revenue ₹35244 crore; operating profit +26% on a year earlier despite operating margin reversion from peak; CE order visibility softened in August call.

Our read after the April to June 2026 results, written 22 August 2026.

Yes. Samvardhana Motherson International Ltd paid out 16% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. This page shows the payout as a share of profit, not an amount per share (as of 30 October 2026).

On the call for April to June 2026, held on 6 August 2026, Motherson's management guided: Consumer-electronics impact expected over the next 2 quarters as the glass facility launches; October to December 2026 commissioning remains on track.

“We do not chase top line where we cannot meet our profitability margins.”Laksh Vaaman Sehgal, on the call for April to June 2026

What management guided

• Third-facility capital spending approximately ₹65 billion over 3 years; annual full-scale capacity 40 million units.
• GF1-GF3 total capital spending around ₹7,500 crore; balance over 2-3 years after one-third incurred.
• FY27 group capital spending ₹6,000 crore plus or minus 10%; 10 of 13 facilities expected operational.
• Yutaka and Nexans should add almost $2 billion annualized; acquired businesses should approach comparable margins and the internal 14% growth expectation over time.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 6 August 2026.

Aerospace revenue grew over 20% on a year earlier in April to June 2026; order book expanded over 17% from FY26-end.

✓ fact

Our read after the April to June 2026 results, written 22 August 2026.

If consumer electronics October to December 2026 commissioning is confirmed AND GF3 orders crystallize into disclosed revenue commitments at or above the prior 'fully spoken for' level, the CE risk resolves and the growth-minus-margin-drag equation shifts positively.

Each change stops working if

• : GF3 commissioning is delayed beyond January to March 2027, or CE orders at the August 'negotiation' stage do not crystallize into committed load before the glass facility launches, either would defer profit contribution by 2-3 quarters and further damage management credibility on the single most-watched catalyst.
• : The USD 1.6B+ aerospace order book conversion schedule slips beyond 6 quarters, or acquired businesses (Nexans/Yutaka) fail to approach group margins within 2-3 years of integration, the CFO acknowledged they are not there yet.
• : European automotive production volumes decline materially (beyond seasonal) in H2 FY27, reversing the utilization gains from restructured sites, or a new wave of labor code compliance costs adds further exceptional charges.
• : Global automotive OEM production falls more than 5% in FY27, reducing greenfield utilization before ramp; or the capital spending envelope expands materially beyond ₹6000 crore ±10% to absorb Nexans/Yutaka integration costs.

The main risks

• : Six management communication inconsistencies across five concalls, August CE order visibility walkback is the most operationally material. ✓ fact
• : Promoter stake fell 16 percentage points from 64.8% (Dec-23) to 48.6% (Sep-25), mechanism unresolved. ✓ fact
• : Free cash flow negative for 5 of 5 years despite operating profit growth, growth capital spending load creates vulnerability if credit markets tighten. ✓ fact
• : Consumer electronics order visibility gap: May 2026 'fully spoken for' vs August 2026 'orders under negotiation', GF3 revenue ramp depends on order crystallization before commissioning. ✓ fact

Our read after the April to June 2026 results, written 22 August 2026.

When Motherson reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Glass-facility commissioning and consumer-electronics ramp - check whether customer programs translate into meaningful revenue after launch.

Motherson is on one of our India lists: Momentum stocks.

Samvardhana Motherson International Ltd earned ₹1,076 Cr of net profit in the Jun 2026 quarter, +77.6% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹4,086 Cr. Over 10 years profit has grown 8.7% a year on average. That is 3.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹606 Cr.

For the full year, FY26 profit was ₹4,086 Cr (−1.4% on the year before).

Why profit moved: revenue changed +16.7% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +28.9% and revenue +13.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Samvardhana Motherson International Ltd reported ₹35,244 Cr of revenue in the Jun 2026 quarter, +16.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 13.0% a year on average. The last full year, FY26, came in at ₹1,26,104 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Consumer electronics EBITDA turned positive in FY26 with 7.5x YoY revenue growth. GF1 and GF2 operate near full utilization at approximately 14-16 million units annually. GF3, the largest facility yet, remains on track for Q3 FY27 commissioning per August 2026 guidance. However, August management described orders as 'under negotiation' whereas the May 2026 call said the plant was 'fully already spoken for'. This is a plausible explanation but reduces visibility confidence materially from what was implied in May. The next unit economics confirmation is expected when GF3 approaches full…

The last four reported quarters add to ₹1,31,135 Cr.

FY26 revenue was ₹1,26,104 Cr, +10.9% on the year before.

Recent pace: the last four quarters grew +13.9% on average, against 13.0% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.0%, against +11.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +24.7%, against +14.6% a year (accelerating).

Samvardhana Motherson International Ltd's operating margin was 9.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 7.0% and 10.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. The Molds and Polymer restructuring, launched aiming for EUR 50 million savings, has now delivered measurable margin improvement. Q4 FY26 EBITDA margins expanded 200 basis points YoY, with European polymer up 55% YoY and 66% QoQ in the Aug-26 call on restructuring benefits. Consolidated underutilized facilities and headcount reductions completed. New EV launches receive better customer response, and rebalanced sites retain capacity headroom for the next volume cycle. Old low-margin programs are phasing out as new programs at better pricing launch.

Why the margin moved: operating margin changed +0.6 percentage points on the year while gross margin changed −0.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 223% of Samvardhana Motherson International Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹11,284 Cr of operating cash against ₹4,086 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹11,899 Cr of spending on assets, free cash was −₹615 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 223% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building.

Samvardhana Motherson International Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −26 days in FY26, up from −29 days in FY21. It spent ₹31,404 Cr on assets over the last 3 years. Customers take 58 days to pay, and stock sits for 68 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,26,104 Cr, each day of that cycle ties up about ₹345 Cr, so roughly −₹8,983 Cr is tied up in the business at any time.

FY26: customers took 58 days to pay and stock sat for 68 days, about 2.2 months of sales sitting as stock, for a full cycle of −26 days, longer than FY21's −29.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 68 days. Customers pay about 58 days after that. Suppliers are paid at 152 days. Together that makes the −26-day cycle.

Spending on assets: ₹31,404 Cr over the last 3 years, against ₹13,437 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹4,094 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Samvardhana Motherson International Ltd's P/E is 36.5×, in the middle of its own history: higher than 58% of past readings. Its usual P/E (the middle reading) is 33.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹4.15.