Here's a concise summary for Motherson Sumi Wiring India Limited (MSWIL): **1. Business Performance:** MSWIL posted solid Q2 FY26 results: revenue jumped 19% YoY to 2,762 Cr, and net profit rose 9% to 165 Cr.
H1 revenue was up 17% to 5,256 Cr.
The company far outpaced the auto industry's 4% growth, fueled by premiumization, volume increases, and new model launches.
EV revenue share hit 6.7%. **2. Growth Drivers / Strategy:** A major driver is the successful ramp-up of new Greenfield projects.
One new facility became operational in Q2 FY26, with volumes now increasing, paving the way for future expansion. **3. Recent Developments:** The Kharkhauda (Haryana) ICE project went live in Q2 FY26 as planned.
Other EV and ICE Greenfield projects in Navagam and Pune are also operational and scaling up volumes. **4. Key Financial Metrics:** Q2 FY26 highlights: Revenue 2,762 Cr (+19% YoY), EBITDA 280 Cr (+12%), PAT 165 Cr (+9%). H1 FY26: Revenue 5,256 Cr (+17%), PAT 308 Cr (+2%). MSWIL remains debt-free. **5. Management Commentary / Outlook:** Management anticipates continued strong performance, driven by the ongoing ramp-up of Greenfield projects.
They are also navigating higher copper prices.
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