Motherson Sumi Wiring India earnings calls.

Motherson Sumi Wiring India delivered resilient Q1 FY27 performance with 37% revenue growthCurrent 37% revenue growth. Reported change: YoY. driven by volume expansion, new model launches, and content increase, though 7% of this growth was attributable to copper price inflationCurrent 7% of this growth was attributable to copper price inflation. Reported change: of 37% growth.. The quarter faced significant cost headwinds from 35-40% minimum wage hikes in NCRCurrent reported value: 35-40% minimum wage hikes in NCR. No comparable prior figure is available in the source record. and elevated copper prices, impacting profitability. Management noted constructive ongoing discussions with customers for cost pass-through recovery, with copper lag currently at 3-6 months. EV contribution stood at 8.5% of revenuesCurrent EV contribution stood at 8.5% of revenues. Reported change: of total revenue., underscoring diversification. Green field plants maintained revenue run-rate of ~₹450 croreCurrent ~₹450 crore. Reported change: Flat QoQ. and achieved break-even in Q4, though margin contribution remains muted pending full ramp-up. Management targets ROIC above 40%Current reported value: ROIC above 40%. No comparable prior figure is available in the source record. over medium-to-longer term and plans new capacity expansion announcements in coming quarters. Capital expenditure will be funded through internal accruals. Key risk: incomplete cost pass-through and uncertain timing of margin normalization amid persistent commodity and labor cost inflation.