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Earnings Call

CIE Automotive India Earnings Call: Key Takeaways

CIE India reported Q1 CY26 consolidated sales of ₹25.4bn (up 16% YoY) with record absolute EBITDA of ₹4.3bn (16.9% margin). Strategy focuses on India capacity expansion and European market consolidation.

Highlights
Revenue growthConsolidated sales up 16% YoY; India up 15%.
MarginsIndia 17.6%, Europe 15.7%; sequential improvement in consolidated margins.
Order bookNew orders worth ₹3.5bn/year; 11% from EV sector.
Demand visibilityStrong domestic Indian market; European market stable at low levels.
Management confidenceHigh; citing strong new order pipeline and market share gains.

Growth

India sales grew 15% YoY to ₹16.2bn; Europe sales grew 17% YoY to ₹9.2bn (boosted by exchange rates).

Outlook

Guided India growth capex of ₹4bn-₹5bn for CY26. Expecting export recovery in Q2 and new order ramp-ups.

Risks

Geopolitical tensions in West Asia impacting logistics, rising aluminum/energy costs, and weak European light vehicle demand forecast.

Source

Earnings Call filed with NSE, NSE: CIEINDIA. Summary written with AI assistance from the document.

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CIE Automotive India Ltd: key numbers

Share price
₹390.80
Market cap
₹14,825 Cr
Revenue (annual)
₹9,406 Cr
Net profit (annual)
₹828.2 Cr
P/E (TTM)
16.4×Sector 33.6×
Promoter holding
65.70%+0.00% QoQ
FII holding
4.95%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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