CIE Automotive India Limited
CIE Automotive India Limited produces and sells automotive components to original equipment manufacturers and other customers in India, Europe, and internationally. It offers forgings, such as crankshafts, CV joints, knuckles, diff crowns, and spindles; gears, including gears and shafts, e-drive components, flanges/end yokes, and clutch hubs; composites comprising front lid, wind shield-electric-3WH, electric box top tray, and front bumper; and crankcase, pump housing, turbo cover, and brake panel aluminum products. The company also provides iron castings, such as differential, turbine, and axle housings, as well as gear carriers; hard and soft magnets; and stampings, including chassis and structural parts, BIW panels and assemblies, cross car beam, safety assemblies, and fuel tanks. In addition, it offers stub axle as forged and machined, steering shaft, wheel hubs, steering yokes, constant velocity joints, steel metal stamping, components and assemblies; turbo chargers housing; axle and transmission parts; and engine gear, timing gear, and drive shafts. The company's products are used in cars, utility vehicles, light commercial vehicles, tractors, medium and heavy commercial vehicles, 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 Pune, India. CIE Automotive India Limited is a subsidiary of Participaciones Internacionales Autometal, Dos S.L.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+11.3%); Mar the lowest (-4.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.7%Neutral MonthJan 2026: -1.67% | +12.9%Positive MonthFeb 2026: +12.86% | -5.7%Negative MonthMar 2026: -5.72% | +6.5%Positive MonthApr 2026: +6.45% | -5.7%Negative MonthMay 2026: -5.67% | +2.4%Positive MonthJun 2026: +2.42% | -10.7%*Negative MonthJul 2026: -10.73% | β | β | β | β | β |
| 2025 | -1.3%Neutral MonthJan 2025: -1.26% | -19.0%Negative MonthFeb 2025: -18.97% | +5.8%Positive MonthMar 2025: +5.81% | +1.1%Neutral MonthApr 2025: +1.13% | +11.4%Positive MonthMay 2025: +11.36% | -1.1%Neutral MonthJun 2025: -1.06% | -9.1%Negative MonthJul 2025: -9.11% | -4.6%Negative MonthAug 2025: -4.59% | +4.7%Positive MonthSep 2025: +4.67% | +7.4%Positive MonthOct 2025: +7.42% | -4.7%Negative MonthNov 2025: -4.71% | +3.2%Positive MonthDec 2025: +3.20% |
| 2024 | +3.1%Positive MonthJan 2024: +3.07% | -9.0%Negative MonthFeb 2024: -8.96% | +4.4%Positive MonthMar 2024: +4.39% | +6.4%Positive MonthApr 2024: +6.40% | +8.6%Positive MonthMay 2024: +8.60% | +7.4%Positive MonthJun 2024: +7.43% | +2.9%Positive MonthJul 2024: +2.88% | -0.9%Neutral MonthAug 2024: -0.88% | -4.3%Negative MonthSep 2024: -4.30% | -11.1%Negative MonthOct 2024: -11.07% | -3.4%Negative MonthNov 2024: -3.35% | -2.1%Negative MonthDec 2024: -2.08% |
| 2023 | +14.8%Positive MonthJan 2023: +14.83% | +7.4%Positive MonthFeb 2023: +7.42% | -17.3%Negative MonthMar 2023: -17.34% | +13.6%Positive MonthApr 2023: +13.62% | +14.4%Positive MonthMay 2023: +14.37% | +13.0%Positive MonthJun 2023: +12.99% | -0.9%Neutral MonthJul 2023: -0.88% | +2.6%Positive MonthAug 2023: +2.64% | -8.3%Negative MonthSep 2023: -8.26% | -4.3%Negative MonthOct 2023: -4.26% | +3.8%Positive MonthNov 2023: +3.77% | -1.4%Neutral MonthDec 2023: -1.40% |
| 2022 | -9.4%Negative MonthJan 2022: -9.45% | -8.5%Negative MonthFeb 2022: -8.48% | -11.8%Negative MonthMar 2022: -11.78% | +28.9%Positive MonthApr 2022: +28.87% | -12.2%Negative MonthMay 2022: -12.22% | +19.8%Positive MonthJun 2022: +19.76% | +15.7%Positive MonthJul 2022: +15.66% | +2.3%Positive MonthAug 2022: +2.34% | -0.1%Neutral MonthSep 2022: -0.05% | +9.3%Positive MonthOct 2022: +9.30% | -5.6%Negative MonthNov 2022: -5.57% | +21.0%Positive MonthDec 2022: +20.99% |
| 2021 | β | β | β | β | β | +23.3%Positive MonthJun 2021: +23.28% | +13.5%Positive MonthJul 2021: +13.54% | -10.6%Negative MonthAug 2021: -10.65% | -2.1%Negative MonthSep 2021: -2.05% | +12.7%Positive MonthOct 2021: +12.74% | -10.3%Negative MonthNov 2021: -10.34% | -1.6%Neutral MonthDec 2021: -1.61% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | β | β | β | β | β | β | β | β |
| Mar 2024 | βΉ4.56 K Cr | β | βΉ583.00 Cr | β | β | β | -0.2% | 3.7% |
| Mar 2023 | βΉ4.57 K Cr | β | βΉ562.00 Cr | β | β | β | 3.9% | 9.8% |
| Mar 2022 | βΉ4.40 K Cr | β | βΉ512.00 Cr | β | β | β | 33.6% | 365.5% |
| Mar 2021 | βΉ3.29 K Cr | β | βΉ110.00 Cr | β | β | β | 53.4% | 48.6% |
| Mar 2020 | βΉ2.15 K Cr | β | βΉ74.00 Cr | β | β | β | -25.9% | -57.0% |
| Mar 2019 | βΉ2.89 K Cr | β | βΉ172.00 Cr | β | β | β | -8.0% | 83.0% |
| Mar 2018 | βΉ3.15 K Cr | β | βΉ94.00 Cr | β | β | β | 60.4% | 36.2% |
| Mar 2017 | βΉ1.96 K Cr | β | βΉ69.00 Cr | β | β | β | 21.7% | 32.7% |
| Mar 2016 | βΉ1.61 K Cr | β | βΉ52.00 Cr | β | β | β | 21.0% | 67.7% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Dec 2015 9m | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 386 | 1,642 | 1,331 | 1,611 | 1,961 | 3,146 | 2,894 | 2,145 | 3,291 | 4,398 | 4,570 | 4,563 | 4,741 |
| Total Expenses | 334 | 1,507 | 1,230 | 1,464 | 1,764 | 2,724 | 2,549 | 1,943 | 2,862 | 3,776 | 3,857 | 3,832 | 4,002 |
| EBIT / Operating Profit | 52 | 135 | 101 | 147 | 196 | 423 | 345 | 202 | 429 | 622 | 713 | 732 | 739 |
| OPM % | 14 | 8 | 8 | 9 | 10 | 13 | 12 | 9 | 13 | 14 | 16 | 16 | 16 |
| Other Income | 6 | 20 | 6 | 12 | 5 | -102 | 44 | 20 | 5 | 159 | 150 | 173 | 188 |
| Finance Costs | 4 | 16 | 3 | 9 | 11 | 7 | 14 | 12 | 12 | 13 | 11 | 12 | 7 |
| Depreciation & Amortisation | 28 | 69 | 54 | 71 | 76 | 102 | 113 | 108 | 119 | 133 | 136 | 144 | 149 |
| Profit Before Tax | 27 | 70 | 50 | 79 | 115 | 212 | 264 | 102 | 302 | 633 | 717 | 749 | 771 |
| Tax % | 33 | -11 | 37 | 35 | 40 | 56 | 35 | 27 | 63 | 19 | 22 | 22 | - |
| Net Profit / PAT | 18 | 78 | 31 | 52 | 69 | 94 | 172 | 74 | 110 | 512 | 562 | 583 | 599 |
| EPS (βΉ) | 1.95 | 2.40 | 0.97 | 1.36 | 1.83 | 2.48 | 4.55 | 1.95 | 2.91 | 13.50 | 14.82 | 15.38 | 15.80 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86 | 19 | 34 | 46 | - |
Peer Comparison
Automobiles & Components sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| CIE Automotive India Limitedthis co. | βΉ15.42 K Cr | βΉ4.56 K Cr | 25.70 | 2.85 | 0.00 | -0.2% |
| Maruti Suzuki India Ltd. | βΉ5.16 L Cr | βΉ1.52 L Cr | 36.20 | 5.30 | 25.33 | 7.8% |
| Mahindra & Mahindra Ltd. | βΉ4.55 L Cr | βΉ1.19 L Cr | 32.50 | 6.84 | 26.39 | 17.1% |
| Bajaj Auto Limited | βΉ2.67 L Cr | βΉ50.01 K Cr | 30.50 | 8.68 | 26.02 | 11.9% |
| Eicher Motors Ltd. | βΉ2.03 L Cr | βΉ18.45 K Cr | 43.20 | 10.56 | β | 14.8% |
| HYUNDAI MOTOR INDIA LIMITED | βΉ1.88 L Cr | βΉ67.65 K Cr | 33.40 | 11.03 | 17.74 | -1.3% |
| TVS Motor Company Ltd. | βΉ1.78 L Cr | βΉ36.25 K Cr | 56.60 | 18.32 | 49.03 | 14.1% |
| Industry Average | β | βΉ15.02 K Cr | 51.90 | 6.13 | 25.31 | 7.0% |
