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Earnings Call

CIE Automotive India Earnings Call: Key Takeaways

CIE India reported Q1 CY2026 consolidated revenue of ₹25,411 Mn (up 16% YoY) and PAT of ₹2,494 Mn (up 21% YoY). Performance was driven by strong Indian business growth and favorable currency impacts in Europe.

Why this was an Alfa AlertNot a filter event. Results were in line with market trends and no specific management guidance beat was cited.
Highlights
Revenue growth16% YoY consolidated growth in Q1 CY2026.
MarginsConsolidated EBITDA margin stable at 16.9%; Europe saw margin recovery.
Demand visibilityOptimistic signals for near future despite geopolitical uncertainty.

Growth

Consolidated Revenue grew 16% YoY; India sales rose 15% to ₹16,190 Mn; Europe sales up 17% to ₹9,221 Mn.

Outlook

Management remains optimistic for near future; India market estimates suggest 7-10% growth for key segments in Q2C26.

Risks

Geopolitical tensions/War uncertainty; rising energy, gas, and material costs due to Iran situation.

Last quarter's promises, checked

Delivered

  • Guided India growth 3-5% above market → delivered 15% YoY growth (= BEAT)
  • Guided European margin recovery via restructuring → delivered 15.7% EBITDA margin (= BEAT)
  • Guided India Q1 Capex ~₹900M → delivered ₹900M+ (= BEAT)

Partly delivered

  • Guided outperforming industry by 3-5% → delivered growth largely in line with market (= PARTIAL)

Missed

  • Guided export growth in line with India → delivered mid-single digit growth (= MISS)
Source

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

Read the document ↗

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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Value
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