WEBSITE BSE:532756 NSE: CIEINDIA Inc. Year: 1999 Industry: Auto Ancillary
Last updated: 14:34
Mahindra CIE Automotive Ltd manufactures and sells automobile additives to authentic equipment manufacturers and different customers in India and Europe. It offers forging products, which includes crankshafts, steerage additives, and different solid merchandise; stampings, along with frame systems, chassis systems, and assembly; gears, shafts, and transmission gears; axle and transmission elements, engine elements, and different products; magnetic merchandise, together with permanent magnet, soft ferrite cores, impeder cores, and magnetic induc...Read More
Mahindra CIE Automotive Ltd manufactures and sells automobile additives to authentic equipment manufacturers and different customers in India and Europe. It offers forging products, which includes crankshafts, steerage additives, and different solid merchandise; stampings, along with frame systems, chassis systems, and assembly; gears, shafts, and transmission gears; axle and transmission elements, engine elements, and different products; magnetic merchandise, together with permanent magnet, soft ferrite cores, impeder cores, and magnetic induction lightings; sheet and dough molding compounds; and car parts, scientific equipment covers, and windmill components. The organization also provides oil sumps, turbo housings, exhaust manifolds, passive entry antenna additives, synchro hubs, and planetary providers; differential and service housing products; knuckles/stub axles, brake calipers, spring saddles, hoods, fenders, bonnets, foot plates, front grills, and stamped cabin additives; and lift arms, rocker arms, trunion brackets, and toppling cranks. It offers its merchandise for use in motors, utility cars, business cars, tractors, off road vehicles, and two-wheelers. The organization previously called Mahindra Forgings Ltd and changed its name to Mahindra CIE Automotive Ltd in November 2013. The organization become incorporated in 1999 and is based in Mumbai, India. Mahindra CIE Automotive Ltd is a subsidiary of Participaciones Internacionales Autometal Dos S.L. ...Read Less
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹15212 Cr.
Stock P/E 18.5
P/B 2.1
Current Price ₹401
Book Value ₹ 188.2
Face Value 10
52W High ₹513.7
Dividend Yield 1.75%
52W Low ₹ 361.3
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2320 | 2279 | 2240 | 2427 | 2293 | 2135 | 2110 | 2273 | 2369 | 2372 |
| Other Income | 20 | 20 | 27 | 51 | 31 | 24 | 34 | 36 | 22 | 19 |
| Total Income | 2340 | 2299 | 2267 | 2478 | 2323 | 2159 | 2144 | 2309 | 2391 | 2391 |
| Total Expenditure | 1950 | 1934 | 1913 | 2066 | 1933 | 1804 | 1811 | 1937 | 2032 | 2016 |
| Operating Profit | 390 | 365 | 354 | 412 | 391 | 355 | 333 | 372 | 359 | 375 |
| Interest | 22 | 31 | 30 | 22 | 21 | 17 | 18 | 13 | 2 | 4 |
| Depreciation | 83 | 78 | 78 | 86 | 84 | 80 | 81 | 86 | 87 | 89 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 285 | 256 | 245 | 304 | 286 | 258 | 234 | 273 | 270 | 282 |
| Provision for Tax | 71 | 69 | 68 | 74 | 70 | 65 | 55 | 67 | 68 | 69 |
| Profit After Tax | 214 | 187 | 177 | 230 | 216 | 193 | 179 | 206 | 202 | 213 |
| Adjustments | 88 | 188 | -8 | 1 | 1 | 2 | 6 | 1 | 1 | 1 |
| Profit After Adjustments | 302 | 375 | 169 | 230 | 217 | 195 | 185 | 206 | 204 | 214 |
| Adjusted Earnings Per Share | 8 | 9.9 | 4.5 | 6.1 | 5.7 | 5.1 | 4.9 | 5.4 | 5.4 | 5.6 |
| #(Fig in Cr.) | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 5570 | 3865 | 5320 | 6428 | 8032 | 7908 | 6050 | 6765 | 8753 | 9280 | 8964 | 9124 |
| Other Income | 43 | 29 | 31 | 27 | 39 | 33 | 55 | 47 | 58 | 82 | 140 | 111 |
| Total Income | 5613 | 3894 | 5351 | 6455 | 8070 | 7941 | 6105 | 6812 | 8811 | 9362 | 9104 | 9235 |
| Total Expenditure | 5128 | 3502 | 4789 | 5614 | 6981 | 6940 | 5549 | 5823 | 7581 | 7856 | 7613 | 7796 |
| Operating Profit | 485 | 392 | 563 | 841 | 1090 | 1001 | 557 | 989 | 1230 | 1506 | 1490 | 1439 |
| Interest | 121 | 50 | 59 | 51 | 50 | 52 | 55 | 35 | 23 | 107 | 78 | 37 |
| Depreciation | 238 | 163 | 233 | 268 | 287 | 316 | 306 | 273 | 296 | 322 | 331 | 343 |
| Exceptional Income / Expenses | -226 | -78 | -9 | -7 | 0 | -5 | 0 | -13 | 38 | 0 | 0 | 0 |
| Profit Before Tax | -100 | 101 | 262 | 515 | 753 | 628 | 195 | 669 | 951 | 1076 | 1085 | 1059 |
| Provision for Tax | -22 | 24 | 93 | 148 | 204 | 274 | 89 | 273 | 240 | 278 | 264 | 259 |
| Profit After Tax | -78 | 77 | 169 | 367 | 549 | 354 | 107 | 396 | 711 | 798 | 820 | 800 |
| Adjustments | 0 | 0 | 0 | -8 | -50 | 0 | -0 | -3 | -848 | 328 | 7 | 9 |
| Profit After Adjustments | -78 | 77 | 169 | 358 | 498 | 354 | 106 | 393 | -136 | 1125 | 828 | 809 |
| Adjusted Earnings Per Share | -2.4 | 2.4 | 4.5 | 9.5 | 13.1 | 9.3 | 2.8 | 10.4 | -3.6 | 29.7 | 21.8 | 21.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -3% | 10% | 3% | 5% |
| Operating Profit CAGR | -1% | 15% | 8% | 12% |
| PAT CAGR | 3% | 27% | 18% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -20% | 12% | 21% | 5% |
| ROE Average | 13% | 14% | 10% | 8% |
| ROCE Average | 17% | 17% | 13% | 11% |
| #(Fig in Cr.) | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 1887 | 2007 | 3266 | 3716 | 4289 | 4634 | 4908 | 5197 | 5098 | 5988 | 6577 |
| Minority's Interest | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 1423 | 752 | 933 | 1017 | 1173 | 826 | 937 | 652 | 119 | 101 | 422 |
| Other Non-Current Liabilities | 144 | 194 | 232 | 255 | 258 | 505 | 775 | 837 | 585 | 561 | 569 |
| Total Current Liabilities | 1384 | 2048 | 2238 | 2348 | 2555 | 2584 | 2736 | 3130 | 3400 | 3103 | 2181 |
| Total Liabilities | 4853 | 5000 | 6668 | 7336 | 8328 | 8563 | 9364 | 9821 | 9920 | 9753 | 9749 |
| Fixed Assets | 3124 | 3293 | 4517 | 4750 | 4905 | 6044 | 6741 | 6587 | 5547 | 5810 | 5857 |
| Other Non-Current Assets | 349 | 346 | 475 | 466 | 411 | 346 | 145 | 354 | 451 | 795 | 442 |
| Total Current Assets | 1381 | 1362 | 1676 | 2120 | 2959 | 2159 | 2470 | 2875 | 2943 | 3147 | 3450 |
| Total Assets | 4853 | 5000 | 6668 | 7336 | 8328 | 8563 | 9364 | 9821 | 9920 | 9753 | 9749 |
| #(Fig in Cr.) | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 44 | 89 | 50 | 98 | 72 | 125 | 159 | 239 | 165 | 158 | 210 |
| Cash Flow from Operating Activities | 322 | 680 | 304 | 512 | 708 | 1027 | 539 | 1051 | 1118 | 1383 | 881 |
| Cash Flow from Investing Activities | -184 | -225 | -831 | -308 | -1019 | -590 | -429 | -755 | -640 | -910 | -238 |
| Cash Flow from Financing Activities | -294 | -494 | 575 | -236 | 362 | -404 | -38 | -363 | -488 | -427 | -553 |
| Net Cash Inflow / Outflow | -155 | -39 | 48 | -32 | 51 | 33 | 72 | -67 | -9 | 46 | 90 |
| Closing Cash & Cash Equivalent | 89 | 50 | 98 | 72 | 125 | 159 | 239 | 165 | 158 | 210 | 301 |
| # | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -2.42 | 2.37 | 4.47 | 9.47 | 13.15 | 9.34 | 2.81 | 10.36 | -3.59 | 29.66 | 21.81 |
| CEPS(Rs) | 4.93 | 7.41 | 10.62 | 16.78 | 22.05 | 17.68 | 10.9 | 17.65 | 26.56 | 29.52 | 30.34 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5 | 2.5 | 5 | 7 |
| Book NAV/Share(Rs) | 58.32 | 62.02 | 86.19 | 97.91 | 113.06 | 122.16 | 129.4 | 137 | 134.4 | 157.84 | 173.36 |
| Core EBITDA Margin(%) | 7.69 | 9.08 | 9.61 | 12.39 | 13.09 | 12.24 | 8.29 | 13.92 | 13.39 | 15.34 | 15.07 |
| EBIT Margin(%) | 0.37 | 3.77 | 5.81 | 8.61 | 10 | 8.6 | 4.13 | 10.4 | 11.13 | 12.75 | 12.97 |
| Pre Tax Margin(%) | -1.74 | 2.51 | 4.74 | 7.84 | 9.37 | 7.94 | 3.23 | 9.89 | 10.87 | 11.59 | 12.1 |
| PAT Margin (%) | -1.36 | 1.92 | 3.06 | 5.58 | 6.83 | 4.47 | 1.76 | 5.85 | 8.13 | 8.59 | 9.15 |
| Cash Profit Margin (%) | 2.77 | 5.99 | 7.27 | 9.66 | 10.4 | 8.47 | 6.83 | 9.89 | 11.51 | 12.07 | 12.84 |
| ROA(%) | -2.3 | 1.56 | 2.9 | 5.24 | 7 | 4.19 | 1.19 | 4.13 | 7.21 | 8.11 | 8.41 |
| ROE(%) | -6.17 | 3.95 | 6.42 | 10.53 | 13.73 | 7.94 | 2.24 | 7.84 | 13.82 | 14.39 | 13.06 |
| ROCE(%) | 0.87 | 4.63 | 8.28 | 11.83 | 14.85 | 11.33 | 3.95 | 10.8 | 15.59 | 18.47 | 16.74 |
| Receivable days | 18.53 | 36.75 | 29.9 | 31.12 | 30.44 | 34.11 | 43.5 | 37.07 | 31.89 | 29.38 | 25.66 |
| Inventory Days | 33.45 | 64.04 | 51.34 | 50.69 | 50.41 | 52.74 | 62.22 | 63.52 | 53.36 | 46.67 | 45.88 |
| Payable days | 91.8 | 253.8 | 246.51 | 199.65 | 162.82 | 152.17 | 184.69 | 177.91 | 149.21 | 143.87 | 129.84 |
| PER(x) | 0 | 105.62 | 41.05 | 27.21 | 19.45 | 17.65 | 61.2 | 22.67 | 0 | 15.87 | 21.55 |
| Price/Book(x) | 3.71 | 4.04 | 2.13 | 2.63 | 2.26 | 1.35 | 1.33 | 1.72 | 2.56 | 2.98 | 2.71 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.06 | 0.73 | 1.06 | 1.49 |
| EV/Net Sales(x) | 1.52 | 2.36 | 1.55 | 1.69 | 1.39 | 0.96 | 1.31 | 1.48 | 1.59 | 1.98 | 2.01 |
| EV/Core EBITDA(x) | 17.43 | 23.32 | 14.63 | 12.93 | 10.27 | 7.56 | 14.23 | 10.15 | 11.28 | 12.23 | 12.1 |
| Net Sales Growth(%) | 114.99 | -30.6 | 37.63 | 20.83 | 24.95 | -1.54 | -23.49 | 11.82 | 29.39 | 6.02 | -3.41 |
| EBIT Growth(%) | 409.72 | 618.12 | 112.55 | 76.32 | 41.87 | -15.29 | -63.23 | 181.33 | 38.45 | 21.46 | -1.77 |
| PAT Growth(%) | 4.09 | 198.16 | 120.28 | 116.98 | 49.58 | -35.5 | -69.87 | 271.29 | 79.72 | 12.13 | 2.84 |
| EPS Growth(%) | 72.61 | 198.16 | 88.38 | 111.9 | 38.83 | -29.01 | -69.93 | 269.17 | -134.64 | 926.2 | -26.45 |
| Debt/Equity(x) | 0.82 | 0.54 | 0.43 | 0.32 | 0.38 | 0.32 | 0.34 | 0.25 | 0.18 | 0.13 | 0.08 |
| Current Ratio(x) | 1 | 0.67 | 0.75 | 0.9 | 1.16 | 0.84 | 0.9 | 0.92 | 0.87 | 1.01 | 1.58 |
| Quick Ratio(x) | 0.5 | 0.31 | 0.38 | 0.48 | 0.68 | 0.43 | 0.54 | 0.49 | 0.51 | 0.64 | 1.08 |
| Interest Cover(x) | 0.17 | 3 | 5.4 | 11.1 | 16 | 13.01 | 4.56 | 20.22 | 42.89 | 11.02 | 14.98 |
| Total Debt/Mcap(x) | 0.22 | 0.13 | 0.2 | 0.12 | 0.17 | 0.24 | 0.25 | 0.14 | 0.07 | 0.05 | 0.03 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 |
| FII | 7.54 | 6.61 | 5.63 | 5.11 | 5.03 | 4.32 | 4.47 | 4.37 | 4.15 | 4.24 |
| DII | 14.78 | 15.43 | 16.01 | 18.16 | 19.49 | 20.38 | 20.76 | 20.95 | 21.54 | 21.56 |
| Public | 11.98 | 12.26 | 12.66 | 11.03 | 9.78 | 9.6 | 9.07 | 8.98 | 8.62 | 8.5 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 24.92 | 24.92 | 24.92 | 24.92 | 24.92 | 24.92 | 24.92 | 24.92 | 24.92 | 24.92 |
| FII | 2.86 | 2.51 | 2.13 | 1.94 | 1.91 | 1.64 | 1.69 | 1.66 | 1.57 | 1.61 |
| DII | 5.61 | 5.85 | 6.07 | 6.89 | 7.39 | 7.73 | 7.88 | 7.95 | 8.17 | 8.18 |
| Public | 4.55 | 4.65 | 4.8 | 4.18 | 3.71 | 3.64 | 3.44 | 3.41 | 3.27 | 3.23 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37.94 | 37.94 | 37.94 | 37.94 | 37.94 | 37.94 | 37.94 | 37.94 | 37.94 | 37.94 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.
