CIEINDIA

CIE Automotive India share price & financials

Price
₹464
Market cap
₹15.6k Cr
Sector
Automobile and Auto Components
Calls analysed
9
Latest concall · Q1 FY27 · call held 23 Jul 2026

CIE Automotive India Limited Q2 CY26

Consolidated EBITDA 4.2 billion +17%Consolidated EBITDA Margin 16.5% Consolidated PAT 4.9 billion +18%

What went well

  • Consolidated sales for Q2 CY26 were INR25.4 billion, 11% higher year-on-year.
  • Consolidated EBITDA for Q2 CY26 was INR4.2 billion, growing 17% year-on-year.
  • European operations EBITDA margin in Q2 CY26 was 15.9%, up from 12.5% in Q2 CY25, due to restructuring activities.

What to watch

  • India operations EBITDA margin in Q2 CY26 was 16.7%, down from 17.5% in Q2 CY25 and 17.6% in Q1 CY26.
  • Margins in India were affected by price inflation in energy, consumables, and raw materials due to the West Asia conflict.
Read the full call →

What CIE Automotive India Limited does

CIE Automotive India Limited is part of the Spain-headquartered CIE Automotive group, which holds a 65.71% economic interest through subsidiaries, and manufactures forged, cast (iron and aluminium), and stamped metal components for the automotive industry. It supplies components to OEMs across the light-vehicle, two-wheeler, tractor, and medium & heavy commercial vehicle (MHCV) segments. The group's operating manufacturing subsidiaries include CIE Aluminium Castings India and CIE Hosur in India, CIE Galfor and CIE Legazpi in Spain, UAB CIE LT Forge in Lithuania, Metalcastello in Italy, and Bill Forge de Mexico in Mexico. The company is also expanding manufacturing capacity in India, including new forging, stamping, and iron-casting lines.

Segments

  • India
  • Europe
Manufacturing processes
Forging, casting (iron and aluminium), and stamping
Countries with group manufacturing operations
5 (India, Spain, Italy, Lithuania, Mexico)
Operating manufacturing subsidiaries in the group
7 across 5 countries
Vehicle end-markets served
Light vehicles, two-wheelers, tractors, and medium & heavy commercial vehicles (MHCVs)
Reporting segment structure
Single operating segment (Automotive) across two geographic segments — India and Europe
Named manufacturing unit
Zaheerabad Stampings unit
Founded 1999Headquarters Pune, Maharashtra, India Company website

Guidance record · Q1 FY27

what the last two calls moved 17 tracked 3 delivered 5 missed 9 open
  • Debt Reduction delivered said Q1 FY25 Promised: Reduce debt by ₹1,000 million by end of CY24 Q1 FY27: Company remains in a strong net cash position of INR 14.2 billion, reinforcing the past achievement of this target.
  • Metalcastello Monthly Revenue missed said Q2 FY25 Promised: EUR 5-5.5 million by Q3/Q4 2025 Q1 FY27: Q2 CY26 turnover was EUR 13 million, or EUR 4.33 million/month. This remains below the original EUR 5-5.5 million monthly target, confirming the miss.
  • India Growth Outperformance vs Market at risk said Q2 FY25 Promised: Grow 400 to 500 bps faster than blended industry growth Q1 FY27: India operations grew 13% YoY, underperforming the market which grew 16.5-16.7%. This misses the outperformance goal for the quarter and keeps the long-term target at risk.

All 17 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 10.0%, net profit up 17.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue1,136 1,119 1,163 1,204 1,254 +10%1,274 +14%1,332 +15%1,325 +10%
EBITDA185 170 186 183 199 +8%195 +15%219 +18%213 +16%
Net profit124 116 219 127 138 +11%134 +16%234 +7%149 +17%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −5.6% 1Y

₹400₹450₹500Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 17 Oct 2025Q3 FY26 — 20 Feb 2026Q4 FY26 — 24 Apr 2026Q1 FY27 — 23 Jul 2026

1Y: ₹402 on 10 Sept 2025 → ₹379.65. High ₹497.25 (25 Feb 2026), low ₹379.65 (11 Sept 2026).

How the price took the results

close before → close after

Q1 FY27
−11.3%
23 Jul
Q4 FY26
−2.4%
24 Apr
Q3 FY26
+2.2%
20 Feb
Q2 FY26
+1.4%
17 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue fell 8.7% a year over 2 years, FY23 to FY25. Operating margin held at 15.6%.

Year endingFY23FY24FY25
Revenue₹5.9k Cr₹4.6k Cr₹4.9k Cr
Operating profit₹919 Cr₹732 Cr₹763 Cr
Operating margin15.7%16.0%15.6%
Interest₹34 Cr₹12 Cr₹7 Cr
Depreciation₹185 Cr₹144 Cr₹152 Cr
Net profit₹634 Cr₹584 Cr₹618 Cr
Net margin10.8%12.8%12.6%
ROCE15.0%15.0%15.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹379 Cr₹379 Cr₹379 Cr₹379 Cr₹379 Cr₹379 Cr
Reserves₹3.7k Cr₹4.1k Cr₹4.6k Cr₹5.0k Cr₹5.3k Cr₹5.4k Cr
Borrowings₹238 Cr₹171 Cr₹112 Cr₹33 Cr₹23 Cr₹15 Cr
Other liabilities₹1.1k Cr₹1.2k Cr₹1.2k Cr₹1.2k Cr₹1.3k Cr₹1.3k Cr
Total liabilities₹5.4k Cr₹5.8k Cr₹6.2k Cr₹6.6k Cr₹7.0k Cr₹7.1k Cr
Fixed assets₹2.2k Cr₹2.3k Cr₹2.3k Cr₹2.4k Cr₹2.4k Cr₹2.4k Cr
Capital work in progress₹59 Cr₹42 Cr₹37 Cr₹57 Cr₹106 Cr₹92 Cr
Investments₹2.0k Cr₹2.3k Cr₹2.5k Cr₹2.8k Cr₹3.2k Cr₹2.5k Cr
Other assets₹1.2k Cr₹1.3k Cr₹1.4k Cr₹1.4k Cr₹1.3k Cr₹2.1k Cr
Total assets₹5.4k Cr₹5.8k Cr₹6.2k Cr₹6.6k Cr₹7.0k Cr₹7.1k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −0.83 pp while FIIs added +0.80 pp. The shareholder count shrank 9% to 1,10,555.

Promoters
65.7%
FIIs
5.0%
DIIs
20.6%
Government
0.1%
Public
8.7%

Since Jun 2025

  • DIIs −0.83 pp
  • FIIs +0.80 pp
  • Public +0.04 pp

How it drifted, 12 quarters

Over this window DIIs went from 15.4% to 20.6% — +5.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 65.7%, FIIs 6.6%, DIIs 15.4%, Government 0.0%, Public 12.3%.Dec '23: Promoters 65.7%, FIIs 5.6%, DIIs 16.0%, Government 0.0%, Public 12.7%.Mar '24: Promoters 65.7%, FIIs 5.1%, DIIs 18.1%, Government 0.0%, Public 11.0%.Jun '24: Promoters 65.7%, FIIs 5.0%, DIIs 19.4%, Government 0.0%, Public 9.8%.Sep '24: Promoters 65.7%, FIIs 4.3%, DIIs 20.3%, Government 0.0%, Public 9.6%.Dec '24: Promoters 65.7%, FIIs 4.5%, DIIs 20.7%, Government 0.0%, Public 9.1%.Mar '25: Promoters 65.7%, FIIs 4.4%, DIIs 20.9%, Government 0.0%, Public 9.0%.Jun '25: Promoters 65.7%, FIIs 4.2%, DIIs 21.5%, Government 0.0%, Public 8.6%.Sep '25: Promoters 65.7%, FIIs 4.2%, DIIs 21.5%, Government 0.0%, Public 8.5%.Dec '25: Promoters 65.7%, FIIs 4.3%, DIIs 21.6%, Government 0.0%, Public 8.3%.Mar '26: Promoters 65.7%, FIIs 4.7%, DIIs 21.3%, Government 0.1%, Public 8.2%.Jun '26: Promoters 65.7%, FIIs 5.0%, DIIs 20.6%, Government 0.1%, Public 8.7%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of CIE Automotive India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Participaciones Internacionales Autometal, Dos S.L 65.70%unchanged
HDFC Trustee Company Limited HDFC Flexi Cap Fund,HDFC Multi-Asset Fun,HDFC Large And Mid Cap Fund,HDFC Small Cap Fund,HDFC Hybrid Debt Fund,HDFC Equity Saving Fund,HDFC S&P BSE 500 ETF,HDFC S&P BSE 500 Index Fund,HDFC Focused Fund,HDFC Multi Cap Fund,HDFC Hybrid Equity Fund, HDFC Retirement Savings Fund & Hybrid-Equity Plan,HDFC Transportation And Logisti & Cs Fund,HDFC Manufacturing Fund Mutual fund9.75%unchanged
ICICI Prudential India Opportunities Fund,ICICI Large & Mid Cap Fund, Smallcap Fund,Regular Savings Fund,Infrastructure Fund,Multi Asset Fund,Multicap Fund,S&P BSE 500 ETF,Mnc Fund,Transportation And Logistics Fund Mutual fund4.76%−0.10 pp
Nippon Life India Trustee Ltd-A/C Nippon India Mul Mutual fund1.37%−0.81 pp
CIE Automotive, S.A. 0.00%unchanged
CIE Berriz, S.L. 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in CIEINDIA

Filings to Aug 2026

0 new, 4 added, 1 trimmed, 0 sold out — net +0.04 L shares (+0.0%).

Held by funds
₹1.4k Cr
15 schemes
Biggest holder
HDFC Small Cap Fund
₹443 Cr · 1.1% of that fund
SchemeHoldingLast month
HDFC Small Cap Fund HDFC Mutual Fund₹443 Crheld
HDFC Flexi Cap Fund HDFC Mutual Fund₹409 Crheld
Nippon India Small Cap Fund Nippon India Mutual Fund₹194 Crheld
HDFC Manufacturing Fund HDFC Mutual Fund₹99 Crheld
HDFC Hybrid Equity Fund HDFC Mutual Fund₹74 Crheld
HDFC Large and Mid Cap Fund HDFC Mutual Fund₹66 Crheld
HDFC Children's Fund HDFC Mutual Fund₹52 Crheld
HDFC Transportation and Logistics Fund HDFC Mutual Fund₹34 Crheld

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

4 added, 1 trimmed — net +3,648 shares (+0.0%)

Funds are sitting on
-1%
vs est. average cost
Held by funds
₹1.4k Cr
15 schemes · ≈ 10% of the company
Biggest holder
HDFC Small Cap Fund
₹443 Cr · 1.1% of that fund
Longest holder
Nippon India Small Cap Fund
5y 4m · since May '21

Shares held by these funds +142%

Aug '23 3.46 cr shares Jul '26

What the price assumes

Growth the price implies
18.2% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹379.65

Change the assumptions yourself →

All earnings calls (8)

Read the Q1 FY27 call →

Learn to analyse CIE Automotive India Limited

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