If you’ve been tracking the Indian auto ancillary space, you know that the name "Motherson Sumi" doesn’t just mean one thing anymore. Since the big demerger a couple of years back, investors have been juggling two distinct entities: Samvardhana Motherson International Limited (SAMIL) and Motherson Sumi Wiring India Limited (MSWIL).
As of January 2026, the share price of motherson sumi (specifically SAMIL) is hovering around ₹114.75, while the wiring business (MSWIL) is trading near ₹45.27.
It’s been a bit of a rollercoaster. Honestly, the market has been skeptical about global demand, but the company’s "Vision 2030" is so aggressive it’s hard to ignore. We are talking about a target of $108 billion in revenue by 2030. That’s a massive jump from the $25 billion range they were seeing in 2025.
What’s Actually Moving the Needle for SAMIL?
SAMIL is the big brother here. It’s the global powerhouse that buys companies like most people buy groceries. Recently, they’ve been leaning hard into non-automotive sectors. You’ve probably heard they are getting into aerospace, health, and even consumer electronics.
They aren't just making mirrors and bumpers anymore.
The recent Q2 FY26 results for SAMIL showed a revenue of ₹30,173 crore. That is an 8.5% growth year-on-year. Profit After Tax (PAT) hit ₹856 crore, up 15%. Not bad, right? But here is the kicker: the market is still a bit jittery about their debt and the integration of those 23 acquisitions they made in the last five years.
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The Wiring Business is a Different Beast
Now, if you look at the share price of motherson sumi wiring (MSWIL), it’s a pure domestic play on the Indian auto market. It’s sitting at about ₹45.35 today.
Basically, if Indians buy more cars, this stock wins.
- They reported record revenues of ₹2,762 crore in Q2 FY26.
- Copper prices jumped 5% recently, which squeezed their margins a little.
- Their new greenfield plants are only at about 36% utilization.
Analysts like those at Motilal Oswal and HDFC Securities are looking at targets anywhere from ₹59 to ₹80 for the wiring business. They believe once those new plants hit 70% capacity, the profits will start screaming.
Why 2026 Feels Like a Turning Point
Most people get wrong that Motherson is just an "auto parts" company. It's becoming a diversified industrial giant.
The share price of motherson sumi is currently reflecting a period of digestion. They’ve eaten a lot of companies, and now they need to prove they can make them all profitable together. Chairman Vivek Chaand Sehgal is famous for his "3CX10" strategy—no country, no customer, and no component should be more than 10% of the business.
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It’s about safety. It’s about not being killed if one car brand fails or one country goes into recession.
Breaking Down the Expert Targets
If you're looking for numbers, here is the consensus from the street right now:
- SAMIL (The Global Entity): Average 12-month target is roughly ₹127. Some bulls are calling for ₹150+ if the aerospace division takes off faster than expected.
- MSWIL (The Wiring Entity): Most analysts are "Strong Buy" here. The average target sits near ₹53, but long-term players are eyeing the ₹70-₹80 range as the EV (Electric Vehicle) shift requires much more complex—and expensive—wiring harnesses.
The Risks Nobody Mentions
It’s not all sunshine. The share price of motherson sumi faces real headwinds.
First, global logistics costs. They operate in dozens of countries. If shipping rates spike or a major canal gets blocked, it hits their bottom line instantly.
Second, the "greenfield loss." Those new factories they are building in India are currently losing money because they aren't running at full speed yet. It's like paying for a massive wedding but only half the guests showed up. You still have to pay the caterer.
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Honestly, the stock has been a bit of a "laggard" lately compared to some other high-flying tech stocks, but the fundamentals are solid. The Return on Capital Employed (ROCE) is climbing back toward that 20% mark.
Actionable Insights for Investors
If you are holding or looking at the share price of motherson sumi, here is how to play it:
- Watch the Copper: For MSWIL, keep an eye on global copper prices. If copper stays high, expect the share price to stay flat.
- Utilization is King: Look for the next quarterly report to see if factory utilization moves from 36% toward 50%. That's the signal for a breakout.
- Diversification Play: If you want a global hedge, SAMIL is your bet. If you want to bet on the Indian middle class buying their first SUV, stick with MSWIL.
- Set Realistic Stops: Support for SAMIL is strong around ₹110. If it breaks below that, we might see a slide to ₹102. On the upside, crossing ₹117 could trigger a fast move to ₹125.
The days of Motherson Sumi being a simple "buy and forget" multibagger might be over, but as a strategic industrial play, it’s currently in a value zone that’s hard for serious investors to ignore.
Check the utilization levels in the upcoming January 30th board meeting results. That will likely be the next big catalyst for the share price.