Multiple growth triggers strengthen outlook for Samvardhana Motherson

Samvardhana Motherson delivered stronger-than-expected operating performance in Q2, prompting brokerages to raise estimates as higher content per vehicle

The country’s largest listed auto parts company by market capitalisation, Samvardhana Motherson International, reported a better-than-expected operating performance in the second quarter (July-September) of 2025-26 (Q2FY26). Though the global passenger vehicle (PV) market is facing multiple headwinds, the company is outperforming on the back of higher content per vehicle and market share gains. This has led some brokerages to raise their earnings estimates after the Q2 results. While the stock has underperformed peers, trading flat over the past year, it has gained about 6 per cent this week.

 

The company reported a consolidated operating profit growth of 7