Samvardhana Motherson International Limited

Head Office: C-14 A & B, Sector 1, Noida – 201301 Distt. Gautam Budh Nagar, U.P. India
Tel: +91-120-6752100, 6752278, Fax: +91-120-2521866, 2521966, Website www.motherson.com

May 29, 2025

National Stock Exchange of India Limited BSE Limited

Exchange Plaza, 5th Floor 1st Floor, New Trading Ring
Plot No. C/1, G-Block Rotunda Building
Bandra-Kurla Complex P.J. Towers, Dalal Street
Bandra (E) Fort
MUMBAI – 400051, India MUMBAI – 400001, India

Symbol : MOTHERSON Scrip Code : 517334

Ref. : Audited Financial Results for quarter and financial year ended March 31, 2025

Dear Sir(s) / Madam(s),

The Board of Directors of the Company in its meeting held on May 29, 2025, inter-alia, has:

a) approved Audited Standalone and Consolidated Financial Results of the Company for
the quarter and financial year ended on March 31, 2025;

b) recommended a final dividend of INR 0.35/- (Paisa Thirty Five only) per equity share
(face value of Re. 1/- each) on entire equity share capital consisting of 7,03,62,95,067
nos. of equity share, for financial year 2024-25, subject to approval of shareholders at
the ensuing Annual General Meeting (“AGM”) scheduled to be held on August 28,
2025. The final dividend, if declared, by the Shareholders at forthcoming AGM shall be
paid within 30 days from date of declaration, i.e., on or before September 26, 2025.
The final dividend will be in addition to Interim Dividend of INR 0.50/- (Fifty Paise only)
paid for financial year 2024-25.

c) Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 (“SEBI LODR”), the record date to determine shareholders who will
be eligible to receive final dividend, subject to shareholders approval, will be Monday,
June 23, 2025, as follows:

Symbol Type of Book Closure both Record Purpose

security days inclusive Date
From To
Motherson Equity NA NA June 23, Final
2025 Dividend

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 (“SEBI LODR”), please find enclosed following:

1. Audited Standalone and Consolidated Financial Results for quarter and financial year
ended on March 31, 2025;

Regd Office:
Unit – 705, C Wing, ONE BKC, G Block
Bandra Kurla Complex, Bandra East
Mumbai – 400051, Maharashtra (India)
Tel: 022-61354800, Fax: 022-61354801
CIN No.: L35106MH1986PLC284510
Email: [email protected]
 2. Auditors’ Reports on the Standalone and Consolidated Financial Results for the quarter
and financial year ended on March 31, 2025;

3. Presentation on performance of the Company for the quarter and financial year ended
on March 31, 2025; and

4. Copy of the Press Release issued by the Company.

Pursuant to Regulation 33(3)(d) of SEBI LODR, as amended from time to time, we hereby
declare that the Statutory Auditors of the Company have submitted their Report with
unmodified opinion on Audited Financial Results of the Company (both Standalone and
Consolidated) for the financial year ended March 31, 2025, as approved by the Board in its
Meeting held today i.e. May 29, 2025.

The results will be uploaded on Company’s website www.motherson.com in compliance with

Regulation 46(2)(I)(ii) of SEBI LODR and will be published in the newspapers in terms of
Regulation 47(1)(b) of SEBI LODR.

The Board Meeting of the Company commenced at 1030 Hours (IST) and concluded at
1400 Hours (IST).

The above is for your information and records.

Yours truly,
For Samvardhana Motherson International Limited

ALOK
Digitally signed
by ALOK GOEL
Date:

GOEL 2025.05.29
14:04:09 +05'30'
Alok Goel
Company Secretary
Samvardhana
Motherson
International
Limited.

Presentation of results
12M FY 2024-25
 Key Highlights 01/03.
One of our best performances ever
in a challenging production environment.
Financial Highlights

12MFY25 vs 12MFY24. Q4FY25 vs Q4FY24.

Revenue1 Revenue1
Well diversified
Rs 113,663 crores Rs 29,317 crores business model
enables resilience
EBITDA EBITDA and sustainable
growth even in tough
Rs 10,877 crores Rs 2,675 crores
environment

PAT PAT
(Concern Share) (Concern Share)
Rs 3,803 crores Rs 1,051 crores

Notes :
1. Revenue from operations

2
 Key Highlights 02/03.
Strong platform delivering all-around growth.

Outpacing the industry 17.2% ROCE Net Debt to EBITDA 0.9x, Capex for the year at
by ~15%, supported by at a consolidated level Rs 4,433 crores
content growth and Comfortable leverage position,
Improvements in ROCE despite
M&As working capital still at inflated Spent calibrated as per market
expansions, M&A payouts and
levels, normalisation to aid dynamics without compromising
industry headwinds
further deleveraging on growth related capex

Fruitful discussions with

14 Greenfields USD 88+ billion Diversification and
customers for pass through of
under various stages of globally local strategy
tariff related charges
completion SAMIL’s booked business auguring well
continues to be strong .
Majority of products USMCA
09 Greenfields Significant traction in non- Growth across auto and non- complaint; minimal financial
to come onstream during FY26 automotive businesses auto impact

3
 Key Highlights 03/03.
Delivering outstanding performance consistently. (all figures are Rs. in Crores)

Revenues1 EBITDA PAT (Concern Share)

CAGR 19% CAGR 21% CAGR 68%
113,663 3,803
98,692
11 5,000 4, 000
11 3,000
11 1,000
10 9,000

10,877
10 7,000
10 5,000
10 3,000
10 1,000
99 ,000
97 ,000

78,788 9,325 2,716

95 ,000
93 ,000 11 ,000
91 ,000
89 ,000
87 ,000
85 ,000
83 ,000
81 ,000

63,774
79 ,000
77 ,000
75 ,000 9, 000

57,370
73 ,000
71 ,000
69 ,000

6,394
67 ,000
65 ,000
63 ,000
61 ,000

1,496
59 ,000 2, 000
57 ,000 7, 000
55 ,000

5,015 4,839
53 ,000
51 ,000
49 ,000
47 ,000
45 ,000
43 ,000
41 ,000
39 ,000 5, 000
37 ,000
35 ,000
33 ,000
31 ,000

510
29 ,000

474
27 ,000
25 ,000
23 ,000
21 ,000
19 ,000 3, 000
17 ,000
15 ,000
13 ,000
11 ,000
9, 000
7, 000
5, 000
3, 000
1, 000 1, 000 -

FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25

Robust & Resilient Business model delivering value

with continuous improvements year on year
4 Notes :
1. Revenue from operations
 Industry
headwinds,
intensified by
trade dynamics.

Resulting in a
challenging
production outlook.

5
 Most macro indicators remained largely stable,
although uncertainty due to trade dynamics.
EU, USA & India Inflation1 EU, USA & India Interest rates1 Energy prices for Germany
EU USA IND
(in %) (in %) (in Euro /MWh2)

8.0
400
145

6.2 6.3% 6.3% 350

6.5%
125

5.0
300 April 2025
4.4% 5.4% 4.5% 250
105

5.8 200
85

2.6 3.7 65

4.5% 150
98 102
2.7
3.3 32 100 59 45
90
2.3 2.7%
2.2% 50
25

- 5

Q4FY23 Q4FY24 Q4FY25 Q4FY23 Q4FY24 Q4FY25 Q4FY25 Q4FY25 Q4FY25

Copper & Aluminium World Container Index Tariff Barriers

USD / Metric Tonne2 (USD1)

April 2025
Copper Alum inium

8,927 8,438
9,340
9,192
April 2025 Uncertainty
caused by
6,043 evolving trade
2,929
2,401 2,200 2,626 1313
1,717 dynamics
2,600 2,205
1,807 2,168

Q4FY25 Q4FY25 Q4FY25 Q4FY23 Q4FY24 Q4FY25

6 Sources : Bloomberg Indicates pre-covid level

1. All the data points are average for the closing numbers for each month in the quarter 2. Based on average of spot rates for the quarter
 Muted global production due to geopolitical issues, evolving platform mix and trade
dynamics; growth in India & China offset by degrowth in developed markets.
Data represents automotive production volumes on 12M basis FY25 vs FY24

Global. Europe. North America.

Commercial Commercial
Light Vehicles Light Vehicles
Vehicles Vehicles
Light Vehicles Commercial Vehicles

-1% -6%
-3%
-7%

-5%
-22%
Production Volumes.
Global Light Vehicles India. China.
(Nos are in million)
90.5 89.7 87.2
83.8 83.8 Commercial
77.4 Light Vehicles
76.5 Vehicles
Light Vehicles Commercial Vehicles

FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 26 (Est)

Global Commercial Vehicles
(Nos are in thousand) 5%
2%
3,812 3,225 3,082 3,436 3,274 3,354
3,404
-2%

-3%
FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26
(Est )
7
Note. YoY represents comparison between FY25 vs. FY24
Source: Light Vehicles: S&P Global Mobility; Light Vehicle Engine Type Production Forecast May 2025 / Commercial Vehicles: GlobalData; Commercial Vehicle Production Forecast May 2025
 Automotive mega providing favorable tailwinds
supporting content growth.
EV Hybrid

Europe North America

34.7% 17.1%
15.9%
29.0%
26.3% 13.3% Power Train Mix
Continues to Evolve
8.1% with Hybrids growing
7.2%
10.3% 10.7% 12.4% 6.3% at a faster rate

FY23 FY24 FY25 FY23 FY24 FY25

India China
Trends of
31.3% Premiumization and
9.8% 25.9% SUV continue to hold
8.9% 22.7% 22.8%
7.5% fort
16.3%
13.8%

2.1% 2.7%
1.2%

FY23 FY24 FY25 FY23 FY24 FY25

8
Source: S&P Global Mobility; Light Vehicle Engine Type Production Forecast April 2025
 SAMIL has
delivered
a robust
performance.
Against all macro
challenges and a
volatile automotive
production
environment.

9
 Best ever yearly revenues with improving profitability.
(all figures are Rs. in Crores)
Consolidated Financial Performance 12MFY25 vs 12MFY24

Revenue1 EBITDA PAT (Concern Share)

Growth 15% Growth 17% Growth 40%

113,663
13 0,000
12 8,000
12 6,000
12 4,000
12 2,000
12 0,000
11 8,000
11 6,000
11 4,000
11 2,000

98,692
11 0,000
10 8,000

10,877
10 6,000
10 4,000
10 2,000
10 0,000
98 ,000

3,803
96 ,000
94 ,000
92 ,000

9,325 178 4
90 ,000

179 5
88 ,000 11 ,000
86 ,000
84 ,000 4, 000
82 ,000
80 ,000

1972
78 ,000

2,716
76 ,000
74 ,000
72 ,000 9, 000
70 ,000
68 ,000
66 ,000
64 ,000

10,6992 163
62 ,000
60 ,000
58 ,000

3,624
56 ,000 7, 000

9,128
54 ,000
52 ,000
50 ,000
48 ,000
46 ,000 2, 000
44 ,000

2,700
42 ,000
40 ,000 5, 000
38 ,000
36 ,000
34 ,000
32 ,000
30 ,000
28 ,000
26 ,000 3, 000
24 ,000
22 ,000
20 ,000
18 ,000
16 ,000
14 ,000
12 ,000
10 ,000 1, 000

12M FY24 12M FY25 12M FY24 12M FY25

12M FY24 12M FY25

• 12MFY25 includes Rs. 8,571 crores in revenue from assets acquired post FY24 (Yachiyo, ADI, Lumen, Irillic and MASL)
• Strong profitability despite the challenging automotive production environment, especially in developed markets

Notes :
1. Revenue from operations
2. FY24 EBITDA includes a positive impact of 197 Cr of contributed by customers towards forex losses in Q4FY24
3. FY24 PAT includes a positive impact Rs. 16 Cr on account of a) Rs 293 crores of loss in net monetary position in subsidiaries located in the hyperinflationary economy of Argentina b) exceptional loss provision of Rs. 249 crores in respect of phased operational realignment of certain
automotive capacities located in Europe c) positive impact of reversal of impairment and restructuring cost in respect to one subsidiary in Brazil amounting to Rs. 130 crores d) positive impact of Rs 231 cr on account of deferred tax assets in various geographies and e) positive impact of Rs
197 Cr contributed by customers for forex losses
4. FY25 EBITDA includes a positive one-time fair valuation gain of INR 178 crores (included in other income) on account of acquisition of controlling interest in one of the joint venture entity of SAMIL i.e. Motherson Auto Solutions Limited in Q2FY25.
10 5. FY25 PAT includes a positive impact of 179 Crs on account of a) 133 Crs of post tax impact of the one -time fair valuation gain for the acquisition of controlling interest in joint venture entity i.e MASL b) 45 Crs as the net impact of Deferred tax assets creation and reversal in different
businesses, amortization of upfront fee on prepayment of loan and accelerated depreciation on revaluation
 Controlled Capex spend aligned with
evolving production environment. (all figures are Rs. in Crores)

Capex Capex spend

well within the
49% reduced
7,000
43% 50%

guidance for the

41%
year
39%
45%

6,000

34% 40%

4,433
5,000
35%

4,000
4,010 30%

25%

3,000

2,391 2,183 Growth capex

1,932
20%

2,000
15%
specially in
Emerging markets
(non-auto businesses),
10%

1,000

continues
5%

- 0%
unabated
FY21 FY22 FY23 FY24 FY25

Capex Capex / EBITDA Ratio

11 11
11
 Whilst making strategic Investments in
Emerging markets across industries.
14 Greenfields at various stages of completion
Three Greenfields Operationalised Business Division No Expected SOP
during Quarter 4
Wiring Harness 02 Q1FY26 / Q1FY27
• Integrated Assemblies (02) India
Lighting and Electronics Q2FY26* / Q3FY27
• Precision Metal and Modules (01) 09 (Consumer Electronics)
02
*Qualification Received

Technology and Industrial Solutions 01 Q4FY26

Three New Greenfields announced,
including one for Non-Automotive Businesses Aerospace 02 Q1FY26 / Q1FY26
• Lighting and Electronics (01) Lighting and Electronics
01 Q2FY27
• Modules and Polymers (01) (Automotive Business)
• Aerospace(01)
Aerospace 01 Q4FY26

China
Wiring Harness 01 Q2FY26
01

09 Greenfields Poland Modules and Polymer Products 01 Q1FY27

01
expected to
come onstream Mexico Integrated Assemblies 01 Q1FY26
in FY 26 01
Elastomers 01 Q4FY26
UAE
02 Modules and Polymers 01 Q1FY27
Notes:
Change in SOP date compared to what was announced earlier due to change in customer
production schedules
12 12
New Greenfield
 …utilising core engineering strengths to drive future growth.

New solutions for New solutions for

the automotive industry Non-automotive industries
Greenfield in India Capex
Greenfield in India for guidance
for manufacturing
the Printed Circuit
Board Assembly
and assembly of for FY 26 is
components for Rs 6,000Cr
(PCBA) to support
semiconductor
customers & (+/-10%)
manufacturing
strengthen vertical
machines
integration.

Capacity enhancement New geographies with

for existing supplies existing products & solutions
~50% ~50%
New capacities in Strategic Greenfields Growth Regular
emerging markets in UAE for businesses Capex Capex
(India, China, Poland, to enhance
Mexico) to meet geographic
customer demand diversification and
across segments leverage expertise. ~70% on
Non-Auto
businesses
13 13
 Deleveraging remains a work in progress.
(all figures are Rs. in Crores)
Inflated working capital due to higher inventory & receivables, due to pre-buying
and build-up of safety stock in anticipation of evolving trade dynamics

Year end
working capital
Trading Working Capital Impact inflated by
~2,000 Crs
Volatility
in production
Inventory Trade Trade schedules
Recieveables Payables at OEMs and
+1,648 +2,134 -1,052
supply chain
disruptions

23,669
22,617
15 ,000

19,328
20 ,000 25 ,000

10,787
9,139
20 ,000

10 ,000

17,194 15 ,000

10 ,000
5, 000

5, 000

- 15 ,000
-

31st March 2024 31st March 2025 31st March 2024 31st March 2025 31st March 2024 31st March 2025

Notes :
1. Trade receivables include current and non current receivables.

14
 Continued focus on deleveraging and
(all figures are Rs. in Crores)
maintaining financial discipline.

Financial
Leverage Ratio1,2 Policy 2.5x
2. 5

35,00 0

1.9 2. 0

30,00 0

1.4 1.4
25,00 0

1.2 1. 5
Sustaining
20,00 0

0.9 financial
15,00 0
1. 0
discipline and
10,00 0
robust balance
12,943
0. 5

sheet strength
5,000

9,137 9,101 9,791

6,087
0 0. 0

Mar-21 Mar-22 Mar-23 Mar-24 Mar-25

Effective Net Debt Leverage Ratio

Notes :
1. Leverage ratio = (Effective Net Debt + Lease Liability) / LTM EBITDA. Please refer to Slide 37 for definition of Effective net debt. CCD related debt has not been considered as it is a
mandatorily convertible instrument without any actual payout of this debt, except for the contracted coupon rate
15 2. For less than 1 year old acquired assets, LTM EBITDA is considered for a like for like comparison for FY24 and FY25
 With continuous improvement in ROCE.

Reported
ROCE 17.7% 24. 0%

on a normalised basis 22. 0%

17.2%
20. 0%

18. 0%

Improvements despite a
16. 0%

16.9% challenging production 14. 0%

1
environment and growth capex
Multiple
Greenfields
12. 0%

were set up across

10. 0%

6.2% 10.8% 8. 0%
geographies for auto
and non auto
6.9%
6. 0%

0 4. 0%
businesses
FY21 FY22 FY23 FY24 FY25

Notes :
• Reported ROCE is earnings before interest and tax (EBIT) from continuing operations divided by average capital employed.
• Capital employed is adjusted for impact of fair valuation and intangible assets created due to group wide reorganization completed in March 31, 2022, and capital work in progress and
intangible assets under development.
• Normalized ROCE assumes following adjustments a) all capital employed and profitability associated with Greenfields that have been operationalized in Q3 & Q4 has been excluded b)
16 included EBIT from Atsumitec as transaction was closed in March and capital employed was already considered.
 SAMIL as a
growth platform,
navigating through
uncertainties.

Supported by resilient
and diversified
business model

17
 Trade barriers redefining the automotive supply chain.

Evolving Near-term pain

Trade creating uncertainty
and softening in the
Dynamics automotive production
environment

Reciprocal
Realignment and Model Mix changes
Tariffs configuration of and uncertainty in
Automotive Supply component sourcing
Uncertainty in Chain
calculation of Adapting to
applicable tariffs new realties
Inherent change Pre-emptive
New Trade in cost structure inventory build ups
Agreements

18
 Power of diversification and customer support :
Shield against global volatilities and uncertainties.

SAMIL adapting to the dynamic business landscape

and creating new opportunities
Mitigating Actions Customer Support Proactive Measures
for new opportunities

Evolving Trade • A dedicated task force to ensure • Positive discussions with • Localisation by leveraging
prompt operational responses customer regarding pass through existing manufacturing
Dynamics • Resourcing and optimising the of tariff-related charges, no footprint.
reshaping supply chain material financial impact on the • Reshoring RFQ Packages to
company. strengthen the value chain
Automotive • Majority of product sales in the
• Collaborating with customers to
USA are USMCA-compliant
Supply Chain • Implementing transformative
manage supply chain disruptions.

Landscape measures for efficiency and • Customer-led inorganic

opportunities to address any pain
alignment with market
requirements. in the system

19
 Consistently improving diversification across all 3 Cs (3CX10).

Component wise. Customer wise. Country wise.

(top 20 customers)
Volkswagen 9%
Wiring Harness 25% India 20%
Mercedes Benz 7%
Vision Systems 15% Aud i 7% USA 19%
BMW 6%
Bumpers* 11% Germany 17%
Maruti Suz uki 5%
Integrated Honda Cars 5%
8% China 11%
Assembly
Porsche 4%
Door Panels* 8% Stellantis 3% Spain 5%
Am erican EV OEM 3%
Instrument Panel* 5%
Hyundai
3CX achieved, Hungary 5%
3%
well diversified >50% coming
Sunroof and Ford 3%
fuel tank*
5% customer base France 4% from
Renault 3% across emerging
Engineering* 4% Mexico 3%
Daimler Truck 2% segments markets
Other Polymer Paccar 2%
13% Poland 3%
products* Mahindra 2%
Others General Motors 2% South Korea 3%
6%
Tata Motors 1%
Scania Brazil 2%
1%
Seat 1%
Japan 2%
Volvo Car 1%
Note: 1
Emerging markets defined as Brazil, China, India, Mexico Thailand,
1. Total revenue considered is Revenue from operations (gross) which includes revenue from operations,100% of revenue from joint ventures and associates which are accounted as per the equity method.
20 2. Revenue by country is based on manufacturing locations except in certain cases of job works locations like Mexico and India.
South Korea, South Africa, Czech Republic, Hungary, UAE, Turkey,
* Under Modules and Polymer Products business division Philippines, Indonesia, Poland as per MSCI Emerging Markets Index
…with increasing content growth and higher cross-selling in automotive
(1/3).

Expansion of New Capability

customer base Technologies aggregation

Solutions
for dynamic
needs of
Motherson Yachiyo is securing Strengthening of CMS (Camera Bundling divisional capabilities to
customers new business with additional Monitoring System) customer provide solutions to customers,
customers apart from Honda portfolio for Commercial Vehicles. (example Integrated Assemblies and
San for Sunroofs and Plastic Latest award from a major Modules and Polymer products
Fuel Tanks. European CV OEM with a lifetime business division, responding to RFQs
sales of over $400 million; jointly as an integrated solution)
reflecting strong electronics,
software and image quality
capability of Vision Systems
 Fast-tracked growth of Aerospace (2/3).
Building USD 1.3 BN Footprints across
Capabilities
Sizeable Booked Business to be
realized over next ~5 years
near-shore and best
across the cost countries
value chain Revenue
In Crores ~5x 04 17
Growth
countries facilities

1,749
Materials Aerostructures Systems Propulsion Cabin parts • Presence in the product value chain of

Long & Short Bed - Hard Metal Machined parts

339 aeroengines and aerostructures.

Long & Short Bed – Soft Metal Machined parts FY 2024 FY 2025 • Empanelled as Tier-1 Airbus across portfolio of
commercial, helicopter and advance systems
Metallic Assemblies

Sheet Metal Fabrication • Access to large and complex packages is

EBITDA available only to Tier-1 Suppliers.
Hydraulics, Tubes & Pipes In Crores ~2x
Composite Parts Composite Parts Injection Growth • Present across all major commercial aircraft
& Assembly & Assembly Moulded Parts platforms( A320/21, A330,
Wiring Harness
A350,B737,B767,B777,B787)
Surface treatment
• Present on entire family of LEAP Engines
Advanced metal fabrication, machining composites and surface treatment capabilities; 127 (A,B&C)
deployed horizontally across the aerospace value chain 70

FY 2024 FY 2025
22
 Rapid Ramp-up of Consumer Electronics Business (3/3).
Leveraging
Engineering and
Manufacturing Plant 3
Capabilities to Motherson’s
support customers
［8

［ 14 ［ 13
［ 12
］
［ 11
］
［ 10
］
［9
］
］ largest plant yet
G ］ 2.74

Greenfield (~140,000 Sqm)

］ 4.43 2.60

in new industries
4.67 ［ 22
o
4.50
v 7 Ac
4.52
1 Ac
G
0 Ac 6 Ac
［Ac
5
］
19 ［Ac
21
］
2.60
6］Ac

Under
2.33 2.38
t ［ 17 ［ 18 ［ 20

(ExpectedF3
SOP : Q3FY27)
3 Ac 3.23 9 Ac
［ L15 ［ 16 ］ ］ ］ ［Ac
25 ［ 24
］ 7

construction
a ］ 3.80 4.56 2.16 ］ ］
4.16
n 2.88 7 Ac 4 Ac 3 Ac 3.11
2.17
9d Ac 3 Ac 3 Ac
3 Ac

Accelerating Production and Capacity

Comme Administr Open Internal
Ramping up production Two more facilities remain
Facili
ty 1
rcial ative Space Roads Plant 2
with the addition of new on track (Plant 2 & Plant 3) Are Area Area (Internal road Expected SOP :
lines to support capacity to come onstream, supporting (Green width - 24m Q2FY26
a and 18m –
vertical integration Area)
caters all
container
Operationalised one Plant 1 traffic)
facility (Plant 1) Enhanced engagement with Operationalized
with sharp ramp-up of the customer, New product
capacity to approx. 15-17 evaluations are underway to
Mn units by end of FY26. enhance the product portfolio

23
 Well-diversified book of business across product
categories and industries.

24% of Automotive Improved booked

booked business aided by
business is
from EVs. diversified business
model
88.1
billion USD
(as on 31st March 2025)

Includes A strong testament

Revenue visibility of to our value
$ 2.7 bn from
creation
non-automotive
businesses philosophy

Note:
• Booked business for SAMIL businesses is based on Revenues from operations (gross) (Including Automotive, Aerospace and Consumer Electronic business)
• Volume assumptions for sales planning activities are based on internal assessment which considers various sources (including OEM production forecasts, views of external market consultants, internal knowledge and insights).
• Booked business is computed as sum of the lifetime sales of business under production and business yet to start production
24 24
 Gross Revenues.
(all figures are Rs. in Crores)

FY2023-24 FY 2024-25
25.7 Gross revenue 143,767 178,999

billion USD Less: Throughput revenue1 31,779 50,054

FY25
Economic Revenues 111,988 128,945
(including JVs)

Less: JVs consolidated as per equity method 13,296 15,282

Reported/ Net Revenue 98,692 113,663

Note:
1. Some business divisions such as Integrated assembly perform assembly of highly customized components by procuring various parts from suppliers identified by the customers. It acts as an agent as per IndAS15 under these contracts and as
25 required under the standard, it recognizes revenue only for the net amount it retains for the assembly services
USD 25.7 Bn includes proforma impact of Atsumitec which was closed on 26 March 2025. The reported gross revenues for FY25 is USD 25.3 Bn on constant currency of USD 70.89 to INR (as per vision plan 2025).
© Motherson Group All rights reserved by Motherson and/or its affiliated companies. Any commercial use hereof, especially any transfer and/or copying hereof, is prohibited without the prior
written consent of Motherson and/or its affiliated companies. In case of transfer of information containing know-how for which copyright or any other intellectual property right protection may
be afforded, Motherson and/or its affiliated companies reserve all rights to any such grant of copyright protection and/or grant of intellectual property right protection. www.motherson.com
 Annexures.

27
 SAMIL Consolidated 12MFY25 vs 12MFY24.
(all figures are Rs. in Crores)

Revenues1 12 5,000

113,663
EBITDA 12 ,000

10,877
12 0,000

11 5,000

98,692
11 0,000

10 5,000

10 0,000

95 ,000

90 ,000
178 5
85 ,000

9,325
80 ,000 10 ,000
75 ,000

70 ,000

10,699
65 ,000

60 ,000

55 ,000

50 ,000
197 2
9,128
45 ,000

40 ,000

35 ,000

30 ,000

25 ,000 8, 000
20 ,000

Q4 FY24 Q4 FY25
15 ,000

10 ,000

12MFY24 12MFY25

PBT PAT
(before exceptional items and share of associates) (Concern Share)

4,734
3,852 178 5
4,500
3,803 0. 12

4,000

33 3
3,500
179 6 0. 1

3,000 2,716 0. 08

2,500
16 4
4,556 0. 06

3,819 2,000

3,624
2,700
1,500 0. 04

1,000

0. 02

500

12M FY24 12M FY25

- 0
Notes :
1. Revenue from operations
2. FY24 EBITDA includes a positive impact of 197 Cr of contributed by customers towards forex losses in Q4FY24 12M FY24 12M FY25
3. FY24 PBT includes a positive impact Rs. 33 Cr on account of a) Rs 293 crores of loss in net monetary position in subsidiaries located in the hyperinflationary economy of Argentina b) positive impact of reversal of impairment and restructuring cost in respect to one subsidiary in Brazil amounting to Rs.
130 crores and c) positive impact of Rs 197 Cr contributed by customers towards forex losses.
4. FY24 PAT includes a positive impact Rs. 16 Cr on account of a) Rs 293 crores of loss in net monetary position in subsidiaries located in the hyperinflationary economy of Argentina b) exceptional loss provision of Rs. 249 crores in respect of phased operational realignment of certain automotive
capacities located in Europe c) positive impact of reversal of impairment and restructuring cost in respect to one subsidiary in Brazil amounting to Rs. 130 crores d) positive impact of Rs 231 cr on account of deferred tax assets in various geographies and e) positive impact of Rs 197 Cr contributed by
customers for forex losses
5. FY25 EBITDA & PBT includes a one-time fair valuation gain of INR 178 crores (included in other income) on account of acquisition of controlling interest in one of the joint venture entity of SAMIL i.e. Motherson Auto Solutions Limited in Q2FY25.
28
6. FY25 PAT includes a positive impact of 179 Crs on account of a) 133 Crs of post tax impact of the one -time fair valuation gain for the acquisition of controlling interest in joint venture entity i.e MASL b) 45 Crs as the net impact of Deferred tax assets creation and reversal in different
businesses, amortization of upfront fee on prepayment of loan and accelerated depreciation on revaluation
 SAMIL Consolidated Q4FY25 vs Q4FY24.
(all figures are Rs. in Crores)

Revenues1 EBITDA 2,999

29,317 3, 000

2,675
30 ,000

27,058 2662
25 ,000

20 ,000

2,733 2,675
15 ,000

10 ,000 1, 000

Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25

PBT PAT
(before exceptional items and share of associates) (Concern Share)

1,480
2233 1,120 1,372
1,051
1,500

1,300

454 4
1,100

45 5
900

1,257 700

500

300
918 1,006
100

(100 )

Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25

Notes :
1. Revenue from operations
2. Q4FY24 EBITDA includes a positive impact of 266 cr contributed by a) Rs 197 Cr of contributed by customers towards forex losses and b) Rs 69 cr of forex gains
3. Q4FY24 PBT includes a positive impact Rs. 223 Cr on account of a) Rs 27 crores of gain in net monetary position in subsidiaries located in the hyperinflationary economy of Argentina b) positive impact of Rs 197 cr contributed by customers towards forex losses
4. Q4FY24 PAT includes a positive impact Rs. 454 Cr on account of a) Rs 27 crores of gain in net monetary position in subsidiaries located in the hyperinflationary economy of Argentina b) positive impact of Rs 197 cr contributed by customers towards forex losses and c) positive impact
29 of Rs 231 cr on account of deferred tax assets in various geographies
5. Q4FY25 includes positive impact of 45 Crs as the net impact of Deferred tax assets creation and reversal in different businesses, amortization of upfront fee on prepayment of loan and accelerated depreciation on revaluation
 Divisional
Performance.

30
 Business divisions delivering solutions to our customers.

01 02 03 04 05
Wiring Harness Vision Systems Modules & Polymer Integrated Emerging
Products Assemblies Businesses

04 05 06 08 09 10 11 12
Elastomers Lighting & Precision Technology & Aerospace Logistics Health & Services
Electronics Metals & Industrial Solutions Medical
Modules Solutions

31
 Business Division Wise Financial Performance1 :
12MFY25 vs 12MFY24.
(all figures are Rs. in Crores)

Wiring Modules and Vision Integrated Emerging

Harness. Polymer Products. Systems. Assemblies. Businesses.
Revenues Revenues Revenues Revenues Revenues
59,806
49,912

32,861 19,149 19,506

31,514
41,00 0

19,00 0

11,418
17,00 0

15,00 0

10,109 8,090
13,00 0
15 ,000
21,00 0 14 ,000
21,00 0
11,00 0
13 ,000
12 ,000
9,000 11 ,000
10 ,000
9,0 00
7,000 8,0 00
7,0 00
5,000 6,0 00
5,0 00
4,0 00
3,000 3,0 00
2,0 00
1,000 1,0 00
1,000 1,000 -

12M FY24 12M FY25 12M FY24 12M FY25 12M FY24 12M FY25 12M FY25 12M FY24 12M FY25

EBITDA EBITDA EBITDA EBITDA EBITDA

11.8%
10.7% 8.6% 7.7% 2, 000
13.5% 12.7% 20. 0%

3,873 10.3% 10.0% 11.5% 1, 800 18. 0%

1,452
18. 0%
1, 600 16. 0%
4,000 18. 0%

4,580 1,978
2,200

1,950
16. 0%
3,900

4,305
16. 0% 1, 400 14. 0%

1,096
5,000 18. 0%

1,165
3,800 2,000 14. 0%
14. 0%
16. 0% 1, 200 12. 0%
4,500
3,700
12. 0% 12. 0%

3,362
14. 0% 1,800
3,600 4,000 1, 000 10. 0%
10. 0% 10. 0%
12. 0% 800 18. 0%
3,500 3,500
8. 0% 1,600 700 16. 0%800 8. 0%
10. 0% 8. 0%
3,400 14. 0%
3,000 600
3,300
6. 0% 8. 0% 12. 0%600 6. 0%
6. 0% 500
2,500 1,400 10. 0%
4. 0% 6. 0% 400
3,200 400 4. 0%
4. 0% 8. 0%
2,000 300
3,100 2. 0% 4. 0% 6. 0%
1,200
200 200 2. 0%
2. 0% 4. 0%
3,000 0. 0% 1,500 2. 0%
100 2. 0%
1,000 0. 0% 0 0. 0%
1,000 0. 0% - 0. 0%

12M FY24 12M FY25 12M FY24 12M FY25

12M FY24 12M FY25 12M FY24 12M FY25 12M FY25
Notes:
32
1. Divisional numbers reported are including 100% of joint ventures and associates accounted as per equity method (Economic Revenue)
 Business Division Wise Financial Performance1 : Q4FY25 vs Q4FY24.
(all figures are Rs. in Crores)

Wiring Modules and Vision Integrated Emerging

Harness. Polymer Products. Systems. Assemblies. Businesses.
Revenues Revenues Revenues Revenues Revenues
15,359
13,689

8,168 8,594 6,000

5,500
5,038 4,972
5,000

2,581 3,228
4,500

4,000
3,0 00 2,398 2,283
3,500

3,000
2,0 00
2,500

2,000 1,0 00
1,500

1,000 1,000 1,000

-

Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25

EBITDA EBITDA EBITDA EBITDA

EBITDA
12.4% 12.9% 12.0%
10.8%
1,000 18. 0% 800 18. 0%

11.1% 900

17.1%
16. 0%

1,476
16. 0% 700

1,200
1,067 18. 0%
1,500

6.5% 18. 0% 800

649 14. 0% 11.9% 10.6% 12.1% 14. 0%

907
600

1,000
16. 0% 1,300 16. 0% 700
596 12. 0% 12. 0%

1,002
500

390
14. 0% 14. 0%

390
600
1,100
10. 0% 10. 0%
800 12. 0%
12. 0% 500 400

306 254
900
10. 0% 400
8. 0% 18. 0% 8. 0%
10. 0% 400 16. 0%
600 350
300
8. 0% 700 14. 0%
300
6. 0% 6. 0%
8. 0% 12. 0%
300 250
400 6. 0% 500 10. 0%
200 200
6. 0% 4. 0% 8. 0% 4. 0%
200 150
4. 0% 6. 0%
200 300 100
4. 0% 100
4. 0%
2. 0% 2. 0%
2. 0% 100 50 2. 0%
100 2. 0% - 0. 0%
- 0. 0% - 0. 0% 0 0. 0%

Q4 FY24 Q4 FY25
(100 ) 0. 0%

Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25

Q4 FY24 Q4 FY25
Notes:
33 1. Divisional numbers reported are including 100% of joint ventures and associates which are accounted as per equity method (Economic Revenue)
 Financial Performance :
Business Divisions under Emerging businesses.
(all figures are Rs. in Crores)

Revenue by Segment FY25

FY 2024 FY 2025
Emerging Business
Automotive
Division (FY25) Revenue1,2 EBITDA Revenue1,2 EBITDA 8,232

Automotive

• Lighting and Electronics 3,427 579 4,078 698 Rs. 11,418

Crores
• Precision Metal and
1,923 310 1,942 252
Modules
Non
• Elastomer 711 113 762 102
Automotive
Non- Automotive (Businesses still at incubation/ growth stage) 3,186
• Technology and
953 29 1,181 81
Industrial Solutions
Technology &
• Aerospace 339 70 1,749 127 Others Industrial
8.0% Solutions
• Logistics Solutions 206 14 231 17 37.1%
• Health and Medical 37 (32) 24 (53)

Services 494 13 1,451 229

Total 8,090 1,096 11,418 1,453

Aerospace
54.9%

Notes:
1. Revenue from operations
34
2. Divisional numbers reported are including 100% of joint ventures and associates accounted as per equity method.
 Summary of divisional financial performance.
(all figures are Rs. in Crores)

Q4FY24 Q4FY25 FY24 FY25

Business
Division EBITDA EBITDA
Revenue EBITDA EBITDA% Revenue EBITDA EBITDA% Revenue EBITDA Revenue EBITDA
% %

Wiring Harness 8,168 907 11.1% 8,594 1,067 12.4% 31,514 3,362 10.7% 32,861 3,873 11.8%

Modules & Polymer

13,689 1,476 10.8% 15,359 1,002 6.5% 49,912 4,305 8.6% 59,806 4,580 7.7%
Products

Vision Systems 5.038 649 12.9% 4,972 597 12.0% 19,149 1,978 10.3% 19,506 1,950 10.0%

Integrated Assemblies 2,581 306 11.9% 2,398 254 10.6% 6,824 793 11.6% 10,109 1,165 11.5%

Emerging Businesses1 2,283 390 17.1% 3,228 390 12.1% 8,090 1,096 13.5% 11,418 1,452 12.7%

Less: Eliminations/
Intersegment (1,169) (211) (1,320) (65) (3,501) (398) (4,755) 83
Sales/Unallocated

Reported including JVs/

30,590 3,517 11.5% 33,231 3,245 9.8% 111,988 11,136 9.9% 128,945 13,103 10.2%
(Economic Value2)

Less: JVs consolidated as

(3,532) (518) (3,914) (570) (13,296) (1,811) (15,283) (2,226)
per equity method3

Reported 27,058 2,999 11.1% 29,317 2,675 9.1% 98,692 9,325 9.4% 113,662 10,877 9.6%

Notes:
1. Emerging businesses include – Elastomer, Lighting and electronics, Precision Metals and Modules, Services, along with the non-automotive business divisions of Aerospace, Health and Medical, Logistics Solutions and Technology and Industrial Solutions.
2. Divisional numbers include 100% of joint ventures and associates which are accounted as per the equity method (Economic Revenue)
3. Data for JVs consolidated as per equity method is net of intercompany transactions.
35
 Consolidated Debt Status, Reference Rates, and Notes.
(all figures are Rs. in Crores)

Copper Rates.
A. Net Debt including Lease liabilities.
Average Q4 FY24 Q3 FY25 Q4 FY25
Rs. In
Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25
Crores
LME Copper (USD / MT ) 8,444 9,178 9,346
Gross
12,968 12,166 12,546 19,228 19,186 17,351 20,114 22,819 16,354 14,644 Copper (INR / KG) 761 836 875
Debt

Exchange Rates (Average).

Cash &
4,526 4,692 4,235 5,812 6,636 6,979 6,744 12,323 6,821 5,931
Bank Currency (equal to Rs.) Q4 FY24 Q3 FY25 Q4 FY25
Net Debt 8,442 7,474 8,311 13,416 12,550 10,372 13,370 10,496 9,533 8,713 INR to EUR 90.16 90.08 91,16
Add INR to USD 83.04 84.44 86,61
Lease 1,503 1,627 1,769 2,522 2,555 2,571 2,649 2,598 2,521 2,578 INR to YEN 0.560 0.554 0.568
liability
Euro to USD 1.09 1.07 1.05
Less
1,500 1,500 1,500
CCD Exchange Rates (Closing).
Effective
9,945 9,101 10,080 15,938 15,105 12,943 16,019 11,594 10,554 9,791 Currency 31.03.2024 31.12.2024 31.03.2025
Net Debt

Rs./Euro 90.01 88.64 92.45

All numbers are on Consolidated basis as per reported financials
Data above is as of the end of the stated quarter.
Rs./USD 83.40 85.62 85.47

Argentine Peso / USD 857.49 1,030 1,073

Notes .
1. This presentation has been prepared from the audited financial results for the quarter ended on March 31st, 2025. Explanatory notes have been added with additional information
2. Revenue represents revenue from operations.
3. EBITDA is Profit / (Loss )before exceptional items + Finance cost + amortization expenses & depreciation expenses-interest income – dividend income
4. Figures of previous year have been reclassified / regrouped , wherever necessary.
5. All comparisons and growth percentages are calculated based on reported numbers and with the corresponding period of the previous financial year for continuing operations unless stated otherwise. All EBITDA margins are computed on normalised profit levels.
36 6. For details, please refer to the results published on the website
Robust Balance Sheet with Comfortable Debt Maturities and Strong Liquidity.
Gross Debt - INR 13,100 crore (~USD 1.5 Bn) Liquidity ~INR 9,300 crore (~USD 1.1 Bn)
(INR crore, as of 31st Mar’ 2025) (INR crore, as of 31st Mar 2025)

Short Term Debt Commited

Including RCF Roll
Undrawn
Over facilities
Facilities
3,397
3,846

Unrestricted cash
3,308 and cash
equivalents
5,931
1,403 1,587
1,066 699 730
266 239
Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY27 FY28 FY29 FY30 and
beyond

Note:
1. Rs ~1,500 cr of CCD portion of fund raise, assumed as equity and is not included in the debt stack on the chart to its nature of being compulsorily convertible instrument.
2. Only committed undrawn facilities considered.
© Motherson Group All rights reserved by Motherson and/or its affiliated companies. Any commercial use hereof, especially any transfer and/or copying hereof, is prohibited without the prior
written consent of Motherson and/or its affiliated companies. In case of transfer of information containing know-how for which copyright or any other intellectual property right protection may
be afforded, Motherson and/or its affiliated companies reserve all rights to any such grant of copyright protection and/or grant of intellectual property right protection. www.motherson.com