Q1-FY26 · V C Sehgal
This is a work in progress quarter and all the steps that we are taking to mitigate the prevailing headwinds and breed with the market.
MOTHERSON / language trends
Read confidence between the lines.
Samvardhana Motherson International · tone and specificity signals across the available quarters.
Research layer active
Language signals
What changed in management language.
tracked
Q1-FY26 · Kunal Raman
Most of these things... will pay back within the year... and in Q3 and Q4 you should see the impact of this play out and lead to a much better result in the region.
Q1-FY26 · Kunal Raman
We have a globally local strategy and hence a significant level of our production is in the local country of consumption. As a result, majority of our sales to customers in the US are USMCA compliant.
Q1-FY26 · V C Sehgal
Mother was never an export company. We never... would have taken a lot of the awards of highest exports from India. We were not even mentioned. So that's the plan of Motherson is not to export.
Q3-FY26 · Vaidehi
We are known as a not yet company. Once we get into something, once we put in our resources, we put in our engineering, we put in our capital, we don't run away. Tell me which plant we have closed in the last 20-30 years.
Q3-FY26 · Vaidehi
The fifth vertical of consumer electronics, we were not there. We didn't want to go into that. And then the customer came and he wanted it this way only and that's why it's happened. So it's not that we go after these guys, they come after us because they know that we have the capability and the resolve and the wherewithal.
Q3-FY26 · Vaidehi
We were seeding this aerospace division since 2017. And you know, it took us multiple years to break in and to get a customer. So it was not something that was easy, took a lot of time as well, and again that should give you the confidence that it's not something that is kind of off the cuff.
Q4-FY26 · V C Seagel
The cost will be recovered fully with the lag and there will be a denominator factor which will be there, right, because there is no percentage increase — whatever increase will be built in the sales, same amount will be built in the cost. So due to denominator effect some marginal dip we'll see in the EBITDA always.
Q4-FY26 · Management
We are not a margin-driven company. We are ROS-focused company and we look at the ROS for a year. It is already pretty close to 40% for this year as well. So obviously for some customers it will be a three-month or some customers will be six-month. So you have to look at us from a good amount of period to get the profitability which you want.
Q4-FY26 · Management
Wherever the growth is happening, Motherson will definitely be a beneficiary of that growth as long as the customer continues to source us, and that is the case right now.