Samvardhana Motherson (SAMIL) announced its first‑quarter FY27 adjusted profit after tax of ₹10.3 billion, comfortably ahead of the ₹9 billion estimate. The company also reported a 70% year‑over‑year increase in earnings, indicating robust growth.
EBITDA margin for the quarter rose to 8.8%, 65 basis points above the forecast of 8.3%. This improvement reflects better cost control and higher operating efficiency across the business.
The Wiring division contributed significantly, with its margin increasing 25 basis points YoY to 11.1%. Integrated Assemblies also saw a substantial lift, gaining 120 basis points to reach 12.6% margin.
Given the long‑term growth prospects, analysts continue to recommend a BUY rating on the stock. The revised target price is set at ₹178, based on a 24‑times FY28 earnings estimate.
Overall, Samvardhana Motherson’s strong performance in both earnings and margins positions it well for future expansion and investor confidence.