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Earnings Call Transcript

CIE Automotive India Earnings Call Transcript: Key Takeaways

CIE India reported Q2 CY26 consolidated sales of INR 25.4 billion, up 11% YoY. Strategy focuses on disciplined growth and maintaining healthy margins despite inflation.

Guidance and delivery
Management target Revenue 14.0% CY26
Highlights
Revenue growth11% YoY consolidated growth; 13% in India operations.
MarginsConsolidated EBITDA margin 16.7%. India margins impacted by cost inflation.
Order bookNew order book around INR 5 billion per year.
Demand visibilityExpects gradual slowdown in India; Europe market remains near stagnant.
Management confidenceHigh on India's growth market; cautious but stable on Europe.

Growth

India sales grew 13% YoY to INR 16.5bn; Europe sales grew 7% to INR 8.9bn. Consolidated EBITDA was INR 4.2bn.

Outlook

Targeting 12-15% growth in India. H2 CY26 capex expected to be significantly higher than H1's INR 2.1bn.

Risks

West Asia conflict causing cost inflation in energy and raw materials; potential slowdown in rural demand due to monsoon.

Source

Earnings Call Transcript filed with BSE, 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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