CIE Automotive India Ltd - Stock Valuation and Financial Performance

BSE: 532756 | NSE: CIEINDIA | Auto Ancillary | Small Cap

CIE Automotive India Share Price

416.30 -7.80 -1.84%
as on 23-Apr'25 16:59

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Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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CIE Automotive India stock performance -
416.30 -71.00-15.00% past year

Price Chart, Live Stock Chart, Technical Chart of
P/E Ratio (CD):
19.08
Market Cap:
15,792.9 Cr.
52-wk low:
361.3
52-wk high:
628.5

Is CIE Automotive India Ltd an attractive stock to invest in?


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10 Year X-Ray of CIE Automotive India: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
CIE Automotive India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
ROCE %
4.6%8.3%11.8%14.9%11.3%4%10.8%15.6%18.5%16.7%-
Value Creation
Index
-0.7-0.4-0.10.1-0.2-0.7-0.20.20.40.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
5,1545,3206,4288,0327,9086,0506,7658,7539,2808,9648,964
Sales YoY Gr.
-3.2%20.8%25%-1.5%-23.5%11.8%29.4%6%-3.4%-
Adj EPS
5.34.59.814.49.42.510.6182121.621.8
YoY Gr.
--14.9%117.3%46.8%-34.7%-73.8%330.4%69.6%16.7%2.6%-
BVPS (₹)
82.786.297.9113.1122.2129.4137134.4157.8173.4173.4
Adj Net
Profit
17217137154635793.7403684798819827
Cash Flow from Ops.
9063045127081,0275391,0511,1181,383881-
Debt/CF from Ops.
1.64.62.32.31.43.11.20.80.60.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.3%2.5%9.8%-3.4%
Adj EPS 16.9%18%26.6%2.6%
BVPS8.6%7.3%8.2%9.8%
Share Price 7.8% 39.9% 30.4% -14.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Return on
Equity %
6.66.510.613.782813.314.41312.6
Op. Profit
Mgn %
9.41012.713.112.28.313.913.415.415.115.1
Net Profit
Mgn %
3.33.25.86.84.51.667.88.69.19.2
Debt to
Equity
0.50.40.30.40.30.30.30.20.10.10.1
Working Cap
Days
13611412011110813112510710710870
Cash Conv.
Cycle
-21-33-21-52110-6-12-618

Recent Performance Summary

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Latest Financials - CIE Automotive India Ltd.

Standalone Consolidated
TTM EPS (₹) 15.4 21.8
TTM Sales (₹ Cr.) 4,563 8,964
BVPS (₹.) 140.6 173.4
Reserves (₹ Cr.) 4,953 6,197
P/BV 2.96 2.40
PE 27.07 19.08
From the Market
52 Week Low / High (₹) 361.25 / 628.45
All Time Low / High (₹) 35.35 / 628.45
Market Cap (₹ Cr.) 15,793
Equity (₹ Cr.) 379.4
Face Value (₹) 10
Industry PE 44.7

Quarterly Results

 Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %Mar'25 YoY Gr. Rt. %
Sales (₹ Cr.) 0 N/A0 N/A0 N/A0 N/A
Adj EPS (₹) 0 N/A0 N/A0 N/A0 N/A
Op. Profit Mgn % N/A N/AN/A N/AN/A N/AN/A N/A
Net Profit Mgn % N/A N/AN/A N/AN/A N/AN/A N/A

Management X-Ray of CIE Automotive India:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:65.7%Institutions:25.32%Non-Institutions:8.98%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec24Mar250%20%40%60%80%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of CIE Automotive India

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of CIE Automotive India

Adj EPS (Rs.)

Price Chart, Live Stock Chart, Technical Chart of

Sales (Cr.)

Price Chart, Live Stock Chart, Technical Chart of

ROE (%)

Price Chart, Live Stock Chart, Technical Chart of

ROCE (%)

Price Chart, Live Stock Chart, Technical Chart of
Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
TVS Holdings 9,394.6 271.6 (3%) Small Cap 40,248 550.3 4.4 17.1 4.7
CIE Automotive India 416.3 -7.8 (-1.8%) Small Cap 8,964 21.8 9.1 19.1 2.4
Varroc Engineering 457.3 5.4 (1.2%) Small Cap 7,552 6.4 7.1 71.7 4.5
JBM Auto 706.6 4.9 (0.7%) Small Cap 5,009 8.1 3.8 87.3 12.9
Minda Corporation 520.4 3.7 (0.7%) Small Cap 4,651 11.5 4.9 45.4 5.7
Wheels India 695.2 -9.4 (-1.3%) Small Cap 4,607 43.7 1.4 15.9 2
Steel Strips Wheels 205.8 7 (3.5%) Small Cap 4,357 13.3 5 15.5 2.2
ZF Comm Vehic Contr 12,898.5 -76.4 (-0.6%) Small Cap 3,784 229.1 10.5 56.3 7.9
Sandhar Tech 404.4 -3.2 (-0.8%) Small Cap 3,521 22.4 3.1 18 2.2
Gabriel India 578.4 3.7 (0.6%) Small Cap 3,343 14.7 5.6 39.5 7.4
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Sales3,8655,3206,4288,0327,9086,0506,7658,7539,2808,964
Operating Expenses 3,5024,7895,6146,9816,9405,5495,8237,5817,8567,613
Manufacturing Costs7921,1921,2441,5781,4201,1761,1751,5461,6001,567
Material Costs1,7262,1442,8163,6323,7492,8063,3354,7764,9114,670
Employee Cost 8011,1031,1531,3301,3081,2629269029941,010
Other Costs 182350401441463304387356351365
Operating Profit 3635318141,0519685029421,1721,4241,351
Operating Profit Margin (%) 9.4%10.0%12.7%13.1%12.2%8.3%13.9%13.4%15.3%15.1%
Other Income 293127393355475882140
Interest 505951505255352310778
Depreciation 163233268287316306273296322331
Exceptional Items -78-9-70-50-133800
Profit Before Tax 1012625157536281956699511,0761,085
Tax 249314820427489273240278264
Profit After Tax 77169367549354107396711798820
PAT Margin (%) 2.0%3.2%5.7%6.8%4.5%1.8%5.9%8.1%8.6%9.2%
Adjusted EPS (₹)2.44.59.513.29.32.810.4-3.629.721.8
Dividend Payout Ratio (%)0%0%0%0%0%0%24%-70%17%32%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24

Equity and Liabilities

Shareholders Fund 2,0053,2593,7054,2834,6304,9045,1945,0985,9886,577
Share Capital 323378378379379379379379379379
Reserves 1,6822,8813,3273,9044,2514,5254,8144,7195,6096,197
Minority Interest0000000000
Debt1,0631,3621,1971,6131,4691,6481,282923803521
Long Term Debt7529331,0171,173826937652119101422
Short Term Debt31143018044064471062980570299
Trade Payables1,3991,5261,5741,6841,4771,4591,9392,1351,9341,581
Others Liabilities 5335218607489871,3531,4071,7631,0271,070
Total Liabilities 5,0006,6687,3368,3288,5639,3649,8219,9209,7539,749

Fixed Assets

Gross Block3,4355,0255,8656,3297,7739,3568,9098,7978,4928,743
Accumulated Depreciation1425089201,2221,7302,3882,3233,2512,6812,886
Net Fixed Assets3,2934,5174,9445,1076,0446,9686,5875,5475,8105,857
CWIP 5697609654121251195466
Investments 673955681962344385768211,038
Inventories7198359901,2291,0571,0061,3491,2111,1631,091
Trade Receivables383522598741737705669861633627
Cash Equivalents 50987211315023816086239324
Others Assets4325606163614261994951,5201,033745
Total Assets 5,0006,6687,3368,3288,5639,3649,8219,9209,7539,749

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Cash Flow From Operating Activity 6803045127081,0275391,0511,1181,383881
PBT 1012625077026281956651111,4561,092
Adjustment 2192903333273603183551,215316287
Changes in Working Capital 386-188-219-17715676137-10-31-236
Tax Paid -26-59-108-144-116-50-105-198-358-262
Cash Flow From Investing Activity -225-831-308-1,019-590-429-755-640-910-238
Capex -230-170-300-404-414-302-478-443-512-381
Net Investments 00-18-620584-134-200-147-141-167
Others 5-661105-7606-77-49-257310
Cash Flow From Financing Activity -494575-236362-404-38-363-488-427-553
Net Proceeds from Shares 345376301410
Net Proceeds from Borrowing 000000-279-39440326
Interest Paid -34-59-55-53-53-55-46-38-104-74
Dividend Paid 0000000-95-99-193
Others -463182-188409-35517-3935-265-613
Net Cash Flow -3948-32513372-67-94690
PARTICULARSDec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Ratios
ROE (%)3.956.4210.5313.737.942.247.8413.8214.3913.06
ROCE (%)4.638.2811.8314.8511.333.9510.815.5918.4716.74
Asset Turnover Ratio0.810.950.941.030.940.680.710.890.940.92
PAT to CFO Conversion(x)8.831.81.41.292.95.042.651.571.731.07
Working Capital Days
Receivable Days37303130344437322926
Inventory Days64515150536264534746
Payable Days254247200163152185178149144130

CIE Automotive India Ltd Stock News

CIE Automotive India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of CIE Automotive India on 23-Apr-2025 16:59 is ₹416.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Apr-2025 16:59 the market cap of CIE Automotive India stood at ₹15,792.9.
The latest P/E ratio of CIE Automotive India as of 23-Apr-2025 16:59 is 27.07.
The latest P/B ratio of CIE Automotive India as of 23-Apr-2025 16:59 is 2.96.
The 52-week high of CIE Automotive India is ₹628.5 and the 52-week low is ₹361.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of CIE Automotive India is ₹4,563 ( Cr.) .

About CIE Automotive India Ltd

Mahindra CIE Automotive is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai. The company is a subsidiary of the CIE Automotive group of Spain; an industrial group specialised in supplying components and subassemblies for the automotive market, which has presence across the globe and is listed on the stock exchanges in Madrid and Bilbao.

Business area of company

Mahindra CIE is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including leading suppliers of components) in India and overseas. The company has manufacturing facilities in various locations across the country in India. The company has an established presence in each of these locations and supplies automotive components to its customers based there and exports products to customers based in other countries as well.

Product range of the company

Forging products: It is leader in the Indian forgings space, it makes forging products that range in weight from 500 grams to 45 kilograms, and measure up to a metre in length. In Europe, we are a leading supplier to the heavy truck industry, forging parts in excess of 100 kilograms. Its advanced facility in Chakan, Pune, supplies forged components to several companies in the automotive and non-automotive industries.

Castings: Created in factories that are ISO/TS 16949-certified, its magnetic products are used in an array of commercial and industrial sectors. Its soft ferrite cores power day-to-day products such as induction cooktops to mobile chargers, while its ferrite impeder cores increase the efficiency of welding processes. Furthermore, it also lead the industry in magnetic induction lighting, a cost-effective and energy-efficient solution that is used in a variety of end-applications.

Magnetic products: Mahindra’s magnetic products are used in an array of commercial and industrial sectors. Its soft ferrite cores power day-to-day products such as induction cooktops to mobile chargers, while its ferrite impeder cores increase the efficiency of welding processes. Furthermore, it also lead the industry in magnetic induction lighting, a cost-effective and energy-efficient technology in a variety of applications.

Composites: An innovative replacement for conventional materials, its composites are non-corrosive, possess high mechanical strength, and provide a number of compelling benefits in automotive and medical applications.

Stamping Products: With robotic automated presses and a new fully automated facility, it supply comprehensive body-and-chassis systems

Business segments

  • Cars & Utility Vehicles
  • Medium and Heavy Commercial Vehicles
  • Agriculture & Off Road
  • Two Wheelers

Milestones

  • 1996: Plant established in 1996 by Amforge. 
  • 2004: TS - 16949 Awarded by BVQI   
  • 2005: TS - 16949 Certification obtained. Amforge, Chakan Unit becomes a part of the Mahindra & Mahindra Group. 
  • 2006: Received Best Supplier Award from Benteler USA   Acquired Vauxhall machining lines from GM, UK   Plant Acquired by M&M    Received Best Supplier Award from FIAT  
  • 2007: Two steering knuckle machining line installed - 150K per annum installed Two crankshaft machining lines installed - 120K per annum
  • 2008: Tool and Die Shop Installed
  • 2009: MFL was qualified by Nissan for Monozukuri Audit.   MFL was qualified by Renault for ASES audit. Doubled the installed capacity from 40000 MT to 86000 MT by setting up two 4000 Ton Presses & one 6300 Ton Press
  • 2010: Received New Product Development Award from Volvo Eicher    Received Best Supplier Award from Kirloskar Oil Engines Ltd. (KOEL)
  • 2011: Third crankshaft machining line installed New MAKINO installed at Tool Room for Die production
  • 2017: Jesus M Herrera, Chosen by Forbes as one of the best CEO of 2016
  • 2019-20: The company acquired Aurangabad Electricals (AEL) and entered the Aluminium Die casting technology
  • 2021: Mahindra CIE Automotive subscribes 31.20% stake in ReNew Surya Alok
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