CIE Automotive India Limited

CIEINDIA.BO

CIEINDIA.BOCIE Automotive India Limited IN flag

Bombay Stock Exchange

480.05

INR

+4.05

(+0.85%)

21.56EPS

22.27P/E

182.11BMarket Cap

Feb 17Next Earn

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ISIN

INE536H01010

Return %

Stock

S&P500

-0.40

31.25

102.55

33.75

226.79

93.35

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	219.04	269.36	239.58	279.56	172.59	157.79	169.92	212.18	208.79	159.63	169.08	216.96	232.29	227.41
Basic EPS, GAAP	0.43	5.66	-12.36	-8.83	-2.42	5.01	9.47	13.16	9.34	2.81	10.37	-3.59	29.66	21.39
Free Cash Flow per Basic Share	-4.76	8.79	11.05	22.88	9.99	2.62	5.33	7.87	15.93	5.41	13.84	16.26	22.48	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.5	2.5	- -
Book Value per Share	-17.82	-12.82	-24.93	-33.72	0.14	10.43	18.74	31.81	40.58	43.42	54.31	48.2	75.34	- -
Tangible Book Value per Share	21.11	29.36	16.23	5.72	7.65	15.33	22.91	36.14	28.42	29.69	40.73	59.74	81.9	- -
Basic Weighted Avg Shares	88	90	92	92	322	337	378	379	379	379	379	379	379	379
Sales/Revenue/Turnover	19,245	24,340	22,083	25,787	55,647	53,199	64,279	80,315	79,078	60,501	64,085	82,283	88,120	86,262
Operating Margin (%)	3.19	3.97	-2.96	-0.18	3.64	5.61	8.61	9.52	8.24	3.64	11.01	11.09	12.79	12.47
Depreciation Expense	1,207	1,142	1,108	1,190	2,375	2,325	2,734	2,898	3,168	3,064	3,431	3,537	3,222	3,279
Net Income, GAAP	38	512	-1,139	-815	-781	1,690	3,584	4,981	3,538	1,064	3,929	-1,362	11,251	8,115
Effective Tax Rate (%)	18.55	6.5	- -	- -	- -	35.4	28.8	27.14	43.65	45.42	40.82	25.23	25.86	25.31
Profit Margin (%)	0.2	2.1	-5.16	-3.16	-1.4	3.18	5.58	6.2	4.47	1.76	6.13	-1.65	12.77	9.41
Working Capital	-815	-1,317	-891	-1,512	184	-5,624	-2,287	4,039	-4,251	-2,661	-2,556	-1,954	444	- -
LT Debt	2,678	1,801	2,686	3,158	13,726	9,325	10,173	11,730	8,256	11,510	8,259	1,613	1,344	- -
Total Equity	7,912	8,716	7,544	6,560	18,957	32,663	37,156	42,891	46,338	49,080	51,966	50,985	59,880	- -
Return on Invested Capital (%)	3.99	7.13	- -	- -	- -	4.77	7.97	9.86	5.99	1.84	6.09	10.49	12.7	- -
Return on Capital (%)	14.75	28.96	- -	- -	- -	12.05	21.22	22.45	13.06	4.12	11.63	-3.76	36.86	131.33
Return on Common Equity (%)	- -	- -	- -	- -	- -	94.9	67.57	52.07	25.81	6.69	21.21	-7.01	48.02	- -

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

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in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	19.03%	3.28%	7.09%
Net Income, GAAP	-108.87%	-178.12%	-926.31%
Free Cash Flow	51.19%	49.65%	38.28%
Total Cash Common Dividend	- -	- -	0.05%
Total Equity	31.28%	7.08%	17.45%

Growth Rates

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in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Ander Arenaza Alvarez
Full Time Employees: 4,266
Sector: Consumer Cyclical
Industry: Auto - Parts
Address: Grand Hyatt Plaza (Lobby Level) Mumbai India 400055
IPO Date: Aug 29, 2006
Website: cie-india.com
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Business: CIE Automotive India Limited manufactures and sells automotive components to original equipment manufacturers and other customers in India and Europe. It offers forging products, such as crankshafts, steering components, and other forged products; stampings, including body systems, chassis systems, and assembly; gears and shafts; axle and transmission parts, engine parts, and other products; magnetic products comprising permanent magnets, soft ferrite cores, impeder cores, and magnetic induction lightings; sheet and dough molding compounds; auto parts, medical equipment covers, and windmill parts; and aluminum casting products. The company also provides oil sumps, turbo housings, exhaust manifolds, passive entry antenna components, synchro and cast hubs, and planetary carriers; differential and carrier housing, electrical, transmission/driveline, and suspension products; knuckles/stub axles, brake calipers, spring saddles, hoods, fenders, bonnets, foot plates, front grills, front axle support products, and stamped cabin components; and lift arms, rocker arms, trunion brackets, and toppling cranks. It offers its products for use in cars, utility vehicles, commercial vehicles, tractors, off road vehicles, and two-wheelers. The company was formerly known as Mahindra CIE Automotive Limited and changed its name to CIE Automotive India Limited in June 2023. The company was incorporated in 1999 and is based in Mumbai, India. CIE Automotive India Limited is a subsidiary of Participaciones Internacionales Autometal, Dos S.L.

	Mar'24	Jun'24	Sep'24
ST Debt	- -	4,159	- -
LT Borrowings	- -	302	- -
LT Finance Leases	- -	348	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	- -	379	- -
Market Capitalization	173,347	216,987	211,870

	Mar'24	Jun'24	Sep'24
Total Current Assets	- -	33,834	- -
Accounts Receivable, Net	- -	12,596	- -
Cash, Cash Equivalents & STI	- -	8,403	- -
Inventories	- -	11,188	- -
Total Current Liabilities	- -	28,979	- -
Payables & Accruals	- -	- -	- -
ST Debt	- -	4,159	- -
Deferred Revenue	- -	- -	- -

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	219.04	269.36	239.58	279.56	172.59	157.79	169.92	212.18	208.79	159.63	169.08	216.96	232.29	227.41
Basic EPS, GAAP	0.43	5.66	-12.36	-8.83	-2.42	5.01	9.47	13.16	9.34	2.81	10.37	-3.59	29.66	21.39
Free Cash Flow per Basic Share	-4.76	8.79	11.05	22.88	9.99	2.62	5.33	7.87	15.93	5.41	13.84	16.26	22.48	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.5	2.5	- -
Book Value per Share	-17.82	-12.82	-24.93	-33.72	0.14	10.43	18.74	31.81	40.58	43.42	54.31	48.2	75.34	- -
Tangible Book Value per Share	21.11	29.36	16.23	5.72	7.65	15.33	22.91	36.14	28.42	29.69	40.73	59.74	81.9	- -
Basic Weighted Avg Shares	88	90	92	92	322	337	378	379	379	379	379	379	379	379
Sales/Revenue/Turnover	19,245	24,340	22,083	25,787	55,647	53,199	64,279	80,315	79,078	60,501	64,085	82,283	88,120	86,262
Operating Margin (%)	3.19	3.97	-2.96	-0.18	3.64	5.61	8.61	9.52	8.24	3.64	11.01	11.09	12.79	12.47
Depreciation Expense	1,207	1,142	1,108	1,190	2,375	2,325	2,734	2,898	3,168	3,064	3,431	3,537	3,222	3,279
Net Income, GAAP	38	512	-1,139	-815	-781	1,690	3,584	4,981	3,538	1,064	3,929	-1,362	11,251	8,115
Effective Tax Rate (%)	18.55	6.5	- -	- -	- -	35.4	28.8	27.14	43.65	45.42	40.82	25.23	25.86	25.31
Profit Margin (%)	0.2	2.1	-5.16	-3.16	-1.4	3.18	5.58	6.2	4.47	1.76	6.13	-1.65	12.77	9.41
Working Capital	-815	-1,317	-891	-1,512	184	-5,624	-2,287	4,039	-4,251	-2,661	-2,556	-1,954	444	- -
LT Debt	2,678	1,801	2,686	3,158	13,726	9,325	10,173	11,730	8,256	11,510	8,259	1,613	1,344	- -
Total Equity	7,912	8,716	7,544	6,560	18,957	32,663	37,156	42,891	46,338	49,080	51,966	50,985	59,880	- -
Return on Invested Capital (%)	3.99	7.13	- -	- -	- -	4.77	7.97	9.86	5.99	1.84	6.09	10.49	12.7	- -
Return on Capital (%)	14.75	28.96	- -	- -	- -	12.05	21.22	22.45	13.06	4.12	11.63	-3.76	36.86	131.33
Return on Common Equity (%)	- -	- -	- -	- -	- -	94.9	67.57	52.07	25.81	6.69	21.21	-7.01	48.02	- -

Year	Q1	Q2	Q3	Q4	FY
2022	20,608	22,160	22,294	2,271	82,283
2023	24,402	23,203	22,794	17,721	88,120
2024	24,268	22,927	21,346	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	4.26	4.98	4.52	- -	-3.59
2023	7.36	7.95	9.9	- -	29.66
2024	6.08	5.72	5.14	- -	- -

CIE Automotive India Limited

Growth Rates

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Company Description

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Quarterly Dividends Per Share

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