Motherson Sumi Systems - Mulitbagger Trgt 450 2 yrs time frame

Motherson Sumi Systems - Mulitbagger Trgt 450 2 yrs time frame

 

 

• Motherson Sumi Systems, established in 1986 is the flagship company of the Samvardhana Motherson Group. Motherson Sumi Systems is a joint venture between Samvardhana Motherson Group and Sumitomo Wiring Systems of Japan.
• MSSL has made seven acquisitions since 2005, with all of them contributing postively. The ability of the management to
• remain patient enough and wait for right opportunity is the key reason for its success.
• MSSL meets ~65% and ~48% of the domestic passenger vehicle demand for wiring harnesses and rearview mirrors. It meets ~25% of the global passenger vehicle demand for rear view mirrors. This gives great pricing power for the company.
• MSSL's busniess model has seamlessly grown from single product, single location and select customers to diversified products , multi locations and mutilple countries hence giving a steady growth.
• SMR (Visiocorp) - announced orders worth Euro 700mn under new programs to be executed
• over the next 6 to 7 years
• MSSL has registered a CAGR of >30% in sales and net profits , without diluting its equity (unlike its peers like Amtek Auto, Bharat Forge, SFL). This indicates its ability to generate adequate cash to fund its future requirements and strong management who have confidence in thier bussiness

 

One can Buy with Trgt 450 2 yrs time frame.