Company Profile For Motherson Sumi Systems Limited

Motherson Sumi Systems Limited (MOSS.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Auto/Truck/Motorcycle Parts ·

As of 10:18am IST

129.25INR

Price Change

+1.30

Percent Change

+1.02%

Analyst Recommendations

Overview

Motherson Sumi Systems Ltd. (MSSL) is a joint venture between Samvardhana Motherson Finance Limited (SMFL) and Sumitomo Wiring Systems (SWS), Japan, which is a global supplier and manufacturer of wiring harnesses, components and wires. MSSL is a manufacturer of automotive wiring harnesses and mirrors for passenger cars, and is also a supplier of plastic components and modules to the automotive industry. The product range of MSSL consists of wiring harnesses, rear view mirrors, molded plastic parts, including car interior and exterior parts, complete modules, including bumpers, dashboards and door trims, rubber components for automotive and industrial applications, high-precision machined metal parts, injection molded tools and car air conditioners. On March 6, 2009, the Company acquired the global business of Visiocorp, which is engaged in the manufacture of rear view mirrors.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Motherson Sumi Systems Limited's revenues totaled RS30.89B, up from RS12.41B. Net income decreased 65% to RS260.1M. Revenues reflect an increase in income from operations and higher other income.Net income was offset by an increase in consumption of raw materials, a rise in employees cost, increased depreciation charges, higher other expenditure and a rise in net interest expense.

Company Address

Motherson Sumi Systems Limited
43 Community Centre
3rd Floor Bhageria House
New Friends Colony
New Delhi 110 025
P: +9111.26842174
F: +9111.26842174