ROIC Target Above 40%
Management reiterated commitment to delivering return on invested capital above 40% over medium-to-longer term, consistent with historical performance.
MSUMI / guidance tracker
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Motherson Sumi Wiring India · forward-looking guidance across the available source record.
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What management said would happen.
margins
Green Field Plants to Merge into Regular Business
Green field operations expected to integrate into regular business post-ramp up and deliver same margins as existing operations.
New Capacity Expansion Plans Coming
Management indicated new expansion plans will be announced in next few quarters based on customer forecasts and utilization reaching ~80%.
Capex from Internal Accruals
Capital expenditure for the current year will be funded entirely through internal cash generation.
FY26 Capex Target: INR 220 Crore
INR 150 crore already incurred in 9 months, with remaining capex to be deployed as per plan in Q4. Budget finalization for FY27 ongoing.
Greenfield Break-Even Timeline: 2-3 Quarters
Gujarat and Kothrud plants expected to reach optimal utilization within 2-3 quarters as customer volumes ramp up. Pune plant to be filled with new businesses.
FY27 Capex Guidance
Discussions with customers ongoing; management to provide clarity on FY27 capex numbers in the next quarter.