CIE Automotive India Ltd

CIE Automotive India Ltd

₹ 469 2.17%
20 Feb - close price
About

CIE Automotive Limited is a subsidiary of CIE Automotive S.A, Spain. Mahindra Vehicle Manufacturing Ltd. was a significant shareholder in the company. The company is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers in India and overseas. [1]

Key Points

Overview
Company is part of the CIE Automotive Group of Spain and is the Group’s vehicle for its forgings business globally. It is a multi-locational and multi-technology automotive components company with manufacturing facilities and engineering capabilities of its own and its subsidiaries in India and in Germany, Spain, Lithuania, and Italy and Mexico. [1]

  • Market Cap 17,805 Cr.
  • Current Price 469
  • High / Low 487 / 357
  • Stock P/E 21.6
  • Book Value 197
  • Dividend Yield 1.49 %
  • ROCE 14.7 %
  • ROE 11.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 53.6% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 27.0%

Cons

  • The company has delivered a poor sales growth of 9.23% over past five years.
  • Promoter holding has decreased over last 3 years: -9.26%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
2,247 2,440 2,320 2,279 2,240 2,427 2,293 2,135 2,110 2,273 2,369 2,372 2,393
1,954 2,060 1,950 1,934 1,913 2,066 1,933 1,804 1,811 1,937 2,032 2,016 2,058
Operating Profit 292 381 370 345 327 361 360 331 299 335 337 356 335
OPM % 13% 16% 16% 15% 15% 15% 16% 15% 14% 15% 14% 15% 14%
-790 75 108 209 18 52 32 27 40 37 23 20 28
Interest 8 24 22 31 30 22 21 17 18 13 2 4 9
Depreciation 77 83 83 78 78 86 84 80 81 86 87 89 96
Profit before tax -582 349 372 445 237 304 287 260 240 273 271 283 259
Tax % 13% 20% 19% 16% 29% 24% 24% 25% 23% 25% 25% 24% 21%
-658 279 302 375 169 230 217 195 185 206 204 214 204
EPS in Rs -17.34 7.36 7.95 9.90 4.45 6.08 5.72 5.15 4.88 5.44 5.37 5.64 5.39
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Dec 2015 9m Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
5,570 4,001 5,320 6,428 8,032 7,908 6,050 6,765 8,753 9,280 8,964 9,406
5,128 3,638 4,789 5,622 7,031 6,940 5,548 5,823 7,581 7,856 7,613 8,044
Operating Profit 442 363 531 806 1,001 968 502 942 1,172 1,424 1,351 1,362
OPM % 8% 9% 10% 13% 12% 12% 8% 14% 13% 15% 15% 14%
-183 -49 22 20 39 28 55 32 -749 409 150 109
Interest 121 50 59 51 50 52 55 35 23 107 78 27
Depreciation 238 163 232 268 287 316 306 273 296 322 331 358
Profit before tax -100 101 262 507 702 628 195 666 104 1,403 1,092 1,087
Tax % -22% 24% 35% 29% 29% 44% 45% 41% 231% 20% 24% 24%
-78 77 169 358 498 354 106 393 -136 1,125 828 828
EPS in Rs -2.42 2.37 4.47 9.47 13.15 9.33 2.81 10.37 -3.59 29.66 21.81 21.83
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 24% -70% 17% 32% 32%
Compounded Sales Growth
10 Years: 9%
5 Years: 9%
3 Years: 2%
TTM: 5%
Compounded Profit Growth
10 Years: 20%
5 Years: 54%
3 Years: 127%
TTM: 0%
Stock Price CAGR
10 Years: 11%
5 Years: 21%
3 Years: 7%
1 Year: 12%
Return on Equity
10 Years: 9%
5 Years: 11%
3 Years: 15%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
Equity Capital 323 323 378 378 379 379 379 379 379 379 379 379
Reserves 1,564 1,683 2,888 3,337 3,910 4,255 4,529 4,818 4,719 5,609 6,197 7,080
1,549 1,085 1,392 1,197 1,613 1,469 1,648 1,487 985 855 570 426
1,515 2,052 2,177 2,587 2,582 2,460 2,808 3,137 3,837 2,909 2,602 2,872
Total Liabilities 4,951 5,143 6,835 7,499 8,484 8,563 9,364 9,821 9,920 9,753 9,749 10,757
3,124 3,293 4,517 4,750 4,905 6,044 6,741 6,587 5,547 5,810 5,857 6,200
CWIP 126 56 97 60 96 54 12 125 119 54 66 130
Investments 57 67 39 55 681 96 234 438 576 821 1,038 1,459
1,643 1,727 2,182 2,634 2,802 2,370 2,376 2,671 3,678 3,068 2,787 2,968
Total Assets 4,951 5,143 6,835 7,499 8,484 8,563 9,364 9,821 9,920 9,753 9,749 10,757

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
322 680 304 512 708 1,027 539 1,051 1,118 1,383 881 1,258
-184 -225 -831 -303 -1,017 -589 -422 -762 -637 -905 -237 -785
-294 -494 575 -236 362 -404 -38 -363 -488 -427 -553 -526
Net Cash Flow -155 -39 48 -26 53 34 80 -74 -6 51 91 -53

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
Debtor Days 28 35 36 34 34 34 43 36 36 25 26 24
Inventory Days 98 152 142 128 123 103 131 148 93 86 85 86
Days Payable 149 296 260 204 169 144 190 212 163 144 124 143
Cash Conversion Cycle -24 -109 -82 -42 -12 -7 -16 -28 -35 -32 -13 -33
Working Capital Days -9 -73 -48 -20 -18 -31 -44 -45 -34 -38 -2 39
ROCE % 10% 10% 8% 12% 14% 11% 4% 11% 15% 18% 17% 15%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
68.90% 65.70% 65.70% 65.70% 65.70% 65.70% 65.70% 65.70% 65.70% 65.70% 65.70% 65.70%
8.62% 7.54% 6.61% 5.63% 5.11% 5.03% 4.32% 4.47% 4.38% 4.15% 4.23% 4.32%
11.19% 14.75% 15.40% 15.98% 18.12% 19.45% 20.33% 20.72% 20.91% 21.48% 21.52% 21.64%
0.01% 0.02% 0.03% 0.03% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
11.26% 11.96% 12.26% 12.66% 11.03% 9.78% 9.60% 9.07% 8.98% 8.61% 8.50% 8.29%
No. of Shareholders 1,09,3321,13,7251,18,9201,36,3851,34,1851,24,0461,25,6481,26,3091,24,2381,21,2651,06,0891,03,202

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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