Samvardhana Motherson International Ltd to Acquire Prysm Systems Inc Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Kumar Rakesh - BNP Paribas, Research Division - Analyst : My first question was more of clarification. So you talked about 9% global market share in sunroof. Honda's global market share would be about mid-single digits to slightly higher than that. And I'm getting that we wouldn't be providing 100% to as Honda won't be sourcing entirely from this company. So how are we getting the 9% market share, what am I missing in that calculation?

Question: Kumar Rakesh - BNP Paribas, Research Division - Analyst : So the cars which are using sunroof within those, Honda would be having higher share, is what you're implying?

Question: Kumar Rakesh - BNP Paribas, Research Division - Analyst : Yes, sure. My second question was to understand historically in the previous acquisitions which we have done, primarily in the area of wiring harness of polymer. We have very strong capability in-house as well, which we bring it into those companies and make significant transformation in the operation of those companies. Now fuel tank and sunroof is a new area in which we're entering. How do you see the execution in these companies? What potential value add we can bring in to transform these companies? Or it's more to gain from these companies as we have been talking about the R&D capabilities, specifically that we would be gaining more in this particular transaction than bringing our capability in those companies.