Seven years ago when I started investing in Samvardhana Motherson International Ltd, it was called Motherson Sumi Systems Limited. Over last seven years the company split its wiring business into another entity called Motherson Sumi Wiring India Limited and renamed itself to Samvardhana Motherson International Ltd.
When Motherson Sumi Wiring Ltd got demerged, the historical share price of Samvardhana Motherson International Ltd got adjusted to remove Motherson Sumi Wiring Ltd’s valuation (not sure if I am using the right terminology here, I am no financial expert). With that I was not able to reliably calculate the historical movement of my investment. But this time, I used the technique described here with the difference being that I used Google Sheets rather than Numbers on Mac.
Before we go see the journey, here is gist of the key events.
| Date | Event |
| Jul 2017 from Motherson Sumi Systems Ltd | Bonus 1:2 |
| Oct 2018 from Motherson Sumi Systems Ltd | Bonus 1:2 |
| Feb 2022 | Motherson Sumi Wiring Ltd demerges with 1:1 ratio i.e. one equity share of Motherson Sumi Wiring Ltd for every one equity share of Motherson Sumi Systems Limited |
| Sep 2022 from Motherson Sumi Wiring Ltd | Bonus 2:5 |
| Sep 2022 | Motherson Sumi Systems Limited renames itself to Samvardhana Motherson International Ltd |
| Oct 2022 from Samvardhana Motherson International Ltd | Bonus 1:2 |
Investment through the years
I have not invested any amount since I last wrote, so the my investment through the years looks the same as last years.
Returns
Returns and Profit Percent chart were created using Google Sheets so it would look different from my other articles. Also, you would notice that the comparison with Nifty 50 Index is also missing; I am yet to figure that out. One thing to note here is that, last year has been good for both Samvardhana Motherson International and Motherson Sumi Wiring India.
Profit Percent
Looking at profit percent, it becomes even clearer how good last year has been. Till last year I was at loss of 2.5% while this time around I am at profit of 62%!
XIRR
I cannot create XIRR chart in Google Sheet. So you will have to read the words here.
My XIRR now is at 9.5%. If I compare it to XIRR of Nifty 50 Index it would have been 15%. Although I am still behind Nifty 50 Index returns, but I think there may be a point in time in the future where my investment will beat the Nifty 50 Index. This was unimaginable for me till last year.
