Motherson Sumi Wiring - Simplicity In Complexity Drives Supernormal Profits: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Motherson Sumi Wiring India Ltd., a joint venture between Sumitomo Wiring System and Motherson Group, is a market leader in the Indian wiring harness industry with a market share of over 40%. The wiring harness business is unique from the perspective of high human capital intensity and lower capex requirement. Motherson Sumi Wiring India enjoys superior profitability led by improved efficiency and economies of scale, as reflected in the industry leading gross/Ebitda/ Ebit margins. After the restructuring of Motherson Sumi Systems Ltd., Motherson Sumi Wiring transformed into an India-based pure play wiring harness player with a focus on the domestic market. It derives over 95% of its revenue from the domestic business with negligible exposure to exports. Hence, Motherson Sumi Wiring India is a direct beneficiary of the Indian automotive industry recovery, with a high exposure to the domestic passenger vehicle segment..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Motherson Sumi Wiring - Simplicity In Complexity Drives Supernormal Profits: Motilal Oswal

Motherson Sumi Wiring - Simplicity In Complexity Drives Supernormal Profits: Motilal Oswal

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