CIE Automotive India Q2 FY27 Share Price & Earnings Call Analysis

₹355.05-2.43% today
Market cap
₹13,469 Cr
P/E
15.02
ROE
11.80%
PEG
0.13
Price to sales
1.35
Debt to equity
0.07
52W high / low
₹497 / ₹352
Sales growth (5Y)
9.23%
EBITDA margin
14.82%
Net profit margin
8.80%
Promoter holding
65.70%
Sales (last year)
₹9,997 Cr

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]

Guidance scorecard · Q2 FY27 call

What CIE Automotive's management guided
and where it ranks in Auto Components

#38of 66 in
Auto Components

RevenueQ1 FY27 call

10–20%
  • Targeting growth in the range of 12% to 15% for the near term (next 1-2 quarters) with an aim to outperform the market.
  • Expecting solid, sustainable, and reliable growth rather than excessively fast growth to maintain profitability and operational stability.
  • Expansion plans across all verticals including iron foundry, gears, stamping, forging, and composites with new capacity additions and greenfield projects underway.
  • Growth driven by ramping up new programs, adding capacity, launching robotic lines, and expanding customer base.
  • Exports to certain critical areas considered a major future opportunity.
  • Anticipate growth primarily from the Indian market as European ICE supply chains wind down; India seen as the main growth market.

2 more points from CIE Automotive's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 0–2%

See what CIE Automotive said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Focus on brownfield and greenfield capex primarily driven by customer requests for new locations.
  • Last greenfield project was CIE Hosur (completed 2-3 years ago); recent greenfields include stamping plant in Zaheerabad and gear expansion plant in Pune.
  • Current priority on brownfield expansions and adding machines to existing plants for faster, cost-effective growth (e.g., forging business expansions).
  • Several greenfield projects under discussion in two different verticals, nearing final negotiation stages with customers.
  • Planned expansions across multiple verticals including iron foundry (new line launching), gears (expanding Rajkot and Chakan plants), stamping (new robotic line by mid next year), and forging (adding three new presses).

2 more points from CIE Automotive's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what CIE Automotive said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • CIE Automotive India reported a new order book of around INR 5 billion per year during the first half of the year.
  • The orders are distributed across different verticals and product segments.
  • They are expanding capacity across multiple product segments in India based on this order inflow.

2 more points from CIE Automotive's call on the order book

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Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹3,020 Cr47.8
240%+Flat₹1,998 Cr63.5
340%+Flat₹428 Cr17.5
420–40%Up 2%+₹25,721 Cr73.8
520–40%Up 2%+₹13,417 Cr40.5
620–40%Up 0–2%₹23,344 Cr37.6

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Pro shows every company guiding 40%+ revenue growth →Full Auto Components ranking

CIE Automotive announcements

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Financials of CIE Automotive

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

CIE Automotive

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%
FIIs +5.63%5.11%5.03%4.32%4.47%4.38%4.15%4.23%4.32%4.73%4.95%4.68%
DIIs +15.98%18.12%19.45%20.33%20.72%20.91%21.48%21.52%21.64%21.32%20.65%20.75%
Government +0.03%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.05%0.05%0.05%
Public +12.66%11.03%9.78%9.60%9.07%8.98%8.61%8.50%8.29%8.20%8.65%8.82%
No. of Shareholders1,36,3851,34,1851,24,0461,25,6481,26,3091,24,2381,21,2651,06,0891,03,2021,00,1141,10,5551,13,417

Financials of CIE Automotive

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +2,2792,2402,4272,2932,1352,1102,2732,3692,3722,3932,6122,6212,633
Expenses +1,9341,9132,0661,9331,8041,8111,9372,0322,0162,0582,2102,2312,259
Operating Profit345327361360331299335337356335402390374
OPM %15%15%15%16%15%14%15%14%15%14%15%15%14%
Other Income +209185232274037232028313146
Interest313022211718132499104
Depreciation78788684808186878996949793
Profit before tax445237304287260240273271283259329313323
Tax %16%29%24%24%25%23%25%25%24%21%24%25%24%
Net Profit +375169230217195185206204214204249236244
EPS in Rs9.904.456.085.725.154.885.445.375.645.396.576.216.42

Financials of CIE Automotive

Profit & Loss

Annual income statement trend

Mar 2015Dec 2015 9mDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025TTM
Sales +5,5704,0015,3206,4288,0327,9086,0506,7658,7539,2808,9649,40610,259
Expenses +5,1283,6384,7895,6227,0316,9405,5485,8237,5817,8567,6138,0448,759
Operating Profit4423635318061,0019685029421,1721,4241,3511,3621,500
OPM %8%9%10%13%12%12%8%14%13%15%15%14%15%
Other Income +-183-49222039285532-749409150109135
Interest1215059515052553523107782732
Depreciation238163232268287316306273296322331358380
Profit before tax-1001012625077026281956661041,4031,0921,0871,224
Tax %-22%24%35%29%29%44%45%41%231%20%24%24%
Net Profit +-7877169358498354106393-1361,125828828933
EPS in Rs-2.422.374.479.4713.159.332.8110.37-3.5929.6621.8121.8324.59
Dividend Payout %0%0%0%0%0%0%0%24%-70%17%32%32%

Financials of CIE Automotive

Balance Sheet

Capital structure and asset base

Mar 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Jun 2026
Equity Capital323323378378379379379379379379379379379
Reserves1,5641,6832,8883,3373,9104,2554,5294,8184,7195,6096,1977,0807,364
Borrowings +1,5491,0851,3921,1971,6131,4691,6481,487985855570426513
Other Liabilities +1,5152,0522,1772,5872,5822,4602,8083,1373,8372,9092,6022,8503,055
Total Liabilities4,9515,1436,8357,4998,4848,5639,3649,8219,9209,7539,74910,73611,313
Fixed Assets +3,1243,2934,5174,7504,9056,0446,7416,5875,5475,8105,8576,2006,257
CWIP1265697609654121251195466130167
Investments57673955681962344385768211,0381,459771
Other Assets +1,6431,7272,1822,6342,8022,3702,3762,6713,6783,0682,7872,9474,118
Total Assets4,9515,1436,8357,4998,4848,5639,3649,8219,9209,7539,74910,73611,313

Financials of CIE Automotive

Cash Flows

Operating, investing and financing cash movement

Mar 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity +3226803045127081,0275391,0511,1181,3838811,258
Cash from Investing Activity +-184-225-831-303-1,017-589-422-762-637-905-237-802
Cash from Financing Activity +-294-494575-236362-404-38-363-488-427-553-526
Net Cash Flow-155-3948-26533480-74-65191-70
Free Cash Flow115479106212304613238573675871500885
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit78%194%68%77%85%118%118%123%112%122%85%112%

Financials of CIE Automotive

Ratios

Working capital efficiency and return ratios

Mar 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Debtor Days283536343434433636252624
Inventory Days9815214212812310313114893868586
Days Payable149296260204169144190212163144124143
Cash Conversion Cycle-24-109-82-42-12-7-16-28-35-32-13-33
Working Capital Days-9-73-48-20-18-31-44-45-34-38-2-16
ROCE %10%10%8%12%14%11%4%11%15%18%17%15%

Guidance history

How CIE Automotive's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%Up 0–2%Planned—Rising
Q4 FY26 call →10–20%FlatPlanned—Rising
Q3 FY26 call →10–20%FlatPlannedNone plannedRising
Q2 FY26 call →0–10%Flat———

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

13out of 100

Momentum score · price trend

13 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−19.2%37%
Last 6 months−25.1%12%
Last 3 months−13.8%31%

The price is 42% below its all-time high of ₹611.9 (5 Jul 2024). Stocks more than 20% below their peak have their score halved, so 26 became 13.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For CIE Automotive: 0.4 × 37 + 0.4 × 12 + 0.2 × 31 = 26, halved to 13 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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