Motherson Sumi Wiring India Ltd. expects to generate about Rs 2,000 crore in revenue from three new plants and earnings from these new facilities are expected to be realised in the second half of the current financial year, according to Chief Operating Officer Anurag Gahlot.
"See, in the Pune plant, there are two projects: one was implemented in Q2 of last year and another one in Q4 of last year," Gahlot told NDTV Profit in a conversation on Monday. "So, in Q4, it has been partially operational... a full impact will come in this Q1, but the wrap-up has happened in Q4."
Discussing the impact of greenfield facilities on margin, Gahlot said that startup costs from greenfield facilities occur in phases. "You have to do pilot runs and hire manpower upfront to train them so they can give full productivity when the SOP starts. You also need to invest in machines and infrastructure in advance to ensure everything is ready when SOP hits," he said.
The same applies to two other plants, with SOPs expected in Q1 and Q2 of FY26. These costs are spread out over time, as investments are made in advance to ensure full productivity when operations fully begin, according to the COO.
For FY26, Gahlot said, the revenue from the three plants would start to materialise in H2. "See, as I explained, these two plants, one is going to happen in Q1 of FY26, the other one in Q2 of FY26. So, you can see that Rs 2,000-odd crore on an annualised basis start giving the revenue in H2 onwards, backed by whatever the volumes customer has suggested if they're going to produce those numbers," he added.
Motherson does not focus on market share. Backed by Sumitomo — the world's largest wiring harness manufacturer — and Samvardhana Motherson International Ltd. (supplying components), the company is confident of handling any product demand, according to the top executive. "Our focus is on working closely with customers, which has led to 60% of our revenue coming from passenger vehicles."
Currently, Motherson Sumi already supplies to nine out of 10 major companies in India. On the FY26 outlook, Gahlot said the company is fully prepared to handle the volumes suggested by its customers.
"The customer has suggested that we don't doubt their volumes at all. So, we see whatever they are suggesting for FY26, we are completely ready for that," he said. "Our expansion in the last financial year aligns with this, and we are a future-ready organisation, ready to handle whatever volume customers will suggest."
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