Samvardhana Motherson International unveils an ambitious Vision 2030 strategy, aiming for annual revenue of $108 billion by leveraging organic growth, acquisitions, and diversification into consumer electronics and aerospace, despite recent margin pressures.
Samvardhana Motherson International is sharpening its long-term growth plans around a far more ambitious goal than the one it has discussed previously, with management now saying the group is working towards annual revenue of $108 billion by 2030. In comments reported by Business Today, Gandharv said the target would be pursued through a mix of organic expansion and acquisitions, underlining the scale of the company’s Vision 2030 strategy.
The company’s latest quarter showed that operating momentum remains intact, even if margins came under pressure. EBITDA rose to ₹3,096 crore in the first quarter, but the margin slipped to 8.8%, down about 230 basis points from the previous quarter. Net profit more than doubled from a year earlier to ₹1,032 crore, helped by stronger sales.
Management said the growth story is being supported by both the core automotive business and newer divisions. Demand in India remains firm, while China was slightly weaker and Europe was broadly stable but a little softer, according to the comments reported by Business Today. The company said upcoming model launches should support activity, and it also pointed to diversification into consumer electronics and aerospace as important growth drivers.
The expansion pipeline is also being backed by capital spending and acquisitions. Samvardhana Motherson said it operationalised three plants in the quarter, with 13 more at various stages of completion during FY27, and guided for ₹6,000 crore of capex in FY27. It has also completed deals for Yutaka Giken and Nexans Auto Electric, which management said should add about $2 billion in annual topline. Separate company presentation material shows that the group’s full-year FY26 revenue reached ₹30,212 crore in the first quarter and that the business continues to face some pressure from Europe, tariff-related costs and start-up expenses, even as it pushes towards its 2030 target.
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