Samvardhana Motherson International Ltd. Q4 FY2024 results: revenue ₹27,058 crore, up 20.4% on the year
Samvardhana Motherson International Ltd. (MOTHERSON) reported consolidated revenue from operations of ₹27,058 crore for Q4 FY2024, the quarter ended 31 March 2024, up 20.4% on the same quarter a year earlier. Profit after tax was ₹1,444 crore, up 106.6% on the year, and earnings per share ₹2.02. The figures are the company's own, from the audited results it filed with NSE on 29 May 2024.
The quarter, against the one before and a year earlier
| Line | Q4 FY2024 | Q3 FY2024 | A year earlier | Change on the year |
|---|---|---|---|---|
| Revenue from operations | 27,058 | 25,698 | n/a | n/a |
| Other income | 84 | 55 | n/a | n/a |
| Total income | 27,142 | 25,752 | n/a | n/a |
| Cost of materials consumed | 13,541 | 14,212 | n/a | n/a |
| Purchases of stock-in-trade | 107 | 56 | n/a | n/a |
| Changes in inventories | 576 | -119 | n/a | n/a |
| Employee benefit expense | 6,687 | 6,066 | n/a | n/a |
| Finance costs | 450 | 620 | n/a | n/a |
| Depreciation, depletion and amortisation | 1,088 | 1,016 | n/a | n/a |
| Other expenses | 3,213 | 3,113 | n/a | n/a |
| Total expenses | 25,662 | 24,965 | n/a | n/a |
| Profit before exceptional items and tax | 1,480 | 788 | n/a | n/a |
| Exceptional items | 0 | -1 | n/a | n/a |
| Profit before tax | 1,480 | 787 | n/a | n/a |
| Current tax | 377 | 280 | n/a | n/a |
| Deferred tax | -264 | -62 | n/a | n/a |
| Total tax | 113 | 218 | n/a | n/a |
| Profit after tax | 1,444 | 633 | n/a | n/a |
| Attributable to owners of the parent | 1,372 | 542 | n/a | n/a |
| Other comprehensive income | -293 | 181 | n/a | n/a |
| Total comprehensive income | 1,151 | 814 | n/a | n/a |
| EPS, basic | ₹2.02 | ₹0.80 | n/a | n/a |
| EPS, diluted | ₹2.02 | ₹0.80 | n/a | n/a |
₹ crore except per share.
Leverage, as the company states it
| Line | Q4 FY2024 | Q3 FY2024 | A year earlier | Change on the year |
|---|---|---|---|---|
| Debt to equity | 0.01 | 0.01 | n/a | |
| Debt service coverage | 0.02 | 0.01 | n/a | |
| Interest service coverage | 0.07 | 0.04 | n/a |
Debt to equity, debt service coverage and interest service coverage are the figures the company prints in its result statement under the listing regulations.
Quarterly results, the last 12 quarters
| Q1 FY2024 | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22,462 | 25,698 | 27,058 | 28,868 | 27,812 | 27,666 | 29,317 | 30,212 | 30,173 | 31,409 | 34,309 | 35,244 |
| Expenses | 21,629 | 24,965 | 25,662 | 27,602 | 27,013 | 26,559 | 28,313 | 29,408 | 29,167 | 30,028 | 32,356 | 33,965 |
| Operating profit | 1,925 | 2,370 | 2,935 | 2,775 | 2,448 | 2,686 | 2,643 | 2,458 | 2,611 | 3,043 | 3,791 | 3,096 |
| OPM % | 9% | 9% | 11% | 10% | 9% | 10% | 9% | 8% | 9% | 10% | 11% | 9% |
| Other income | 53 | 55 | 84 | 71 | 259 | 111 | 116 | 80 | 121 | 51 | 57 | 82 |
| Interest | 253 | 620 | 450 | 444 | 546 | 466 | 426 | 425 | 387 | 341 | 472 | 459 |
| Depreciation | 839 | 1,016 | 1,088 | 1,065 | 1,103 | 1,112 | 1,214 | 1,230 | 1,218 | 1,321 | 1,365 | 1,358 |
| Exceptional items | 0 | -1 | 0 | 0 | 0 | 0 | 0 | -136 | -36 | -46 | -194 | 0 |
| Profit before tax | 886 | 787 | 1,480 | 1,337 | 1,058 | 1,219 | 1,120 | 748 | 1,091 | 1,386 | 1,817 | 1,361 |
| Tax % | 29% | 28% | 8% | 26% | 28% | 28% | 12% | 36% | 36% | 33% | 24% | 34% |
| Net profit | 648 | 633 | 1,444 | 1,097 | 949 | 984 | 1,115 | 606 | 846 | 1,072 | 1,562 | 1,076 |
| EPS in ₹ | ₹0.89 | ₹0.80 | ₹2.02 | ₹1.47 | ₹1.29 | ₹1.25 | ₹1.49 | ₹0.48 | ₹0.78 | ₹0.97 | ₹1.42 | ₹0.98 |
| Filing | NSE | NSE | NSE | NSE | NSE | NSE | Filing | Filing | Filing | Filing | Filing | Filing |
₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company.
Source
Audited consolidated results for the quarter ended 31 March 2024, filed with NSE on 29 May 2024: the result statement. All of Samvardhana Motherson International Ltd.'s results: NSE company page.
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