CIE Automotive India share price
NSE: CIEINDIABSE: 532756Auto ComponentsSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹363.90.
29 Oct: open ₹363.95, high ₹364.85, low ₹352.35
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹13,469 Cr383rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 14.44
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.74
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.97%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Jun 2026.
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 4,96,486
About CIE Automotive India
CIE Automotive India Limited makes auto components by forging, iron casting, stamping and machining, as well as gears, magnetic products and composites.1 It supplies vehicle makers (original equipment manufacturers, or OEMs) and their first-tier suppliers from operations in India, Spain, Lithuania, Italy and Mexico.2 In India its customers make cars and light commercial vehicles, two-wheelers, tractors, trucks and construction equipment; in Europe they mainly make light vehicles.3
Its forged parts include crankshafts, knuckles, constant velocity joints and steering shafts; its aluminium castings include crankcases, pump housings and housings for electric vehicles.4 It also makes stamped body panels, chassis parts and fuel tanks, iron castings such as differential and turbine housings, and composite battery trays and three-wheeler body panels.5
It was incorporated in 1999.6 Mahindra Hinoday Industries and Mahindra Ugine Steel Company were merged into it with effect from 10 Dec 2014, when the Spanish company CIE Galfor also became its wholly owned subsidiary.78 CIE Aluminium Casting India became a wholly owned subsidiary on 9 Apr 2019.9
CIE Automotive S.A. of Spain is the ultimate holding company and holds 65.71% of the company through its subsidiaries.101112 CIE Galfor is the holding company for the businesses in Europe and Mexico.12
CIE Automotive India key points
Results
- In the quarter to Sep 2026, consolidated revenue from continuing operations was ₹26,331.80 million and profit for the period ₹2,436.86 million, against ₹23,718.44 million and ₹2,139.38 million a year earlier.1314
- Consolidated EBITDA (earnings before interest, tax, depreciation and amortisation), measured by the company as net operating income plus depreciation, was ₹4.2 billion in the quarter to Sep 2026, up 11% on a year earlier.1516
- In the 9 months to Sep 2026, consolidated revenue from continuing operations was ₹78,656.83 million and profit for the period ₹7,286.67 million, against ₹70,134.76 million and ₹6,238.67 million a year earlier.1314
- In the year to Dec 2025, consolidated revenue from continuing operations was ₹94,064.74 million and profit for the period ₹8,281.72 million.1714
Business segments
- Segment revenue, ₹ million1819The group reports one business, automotive components, in 2 regional segments.
Item year to Dec 2025 year to Dec 2024 India 61,430.89 57,542.86 Europe 32,641.77 32,144.57 - India sales, as the company presents them, rose 18% to ₹18 billion in the quarter to Sep 2026; the India EBITDA margin fell to 16.3% from 17.3%, which the company attributes to raw material and energy costs from the West Asia conflict.20
- Europe sales, as the company presents them, fell 4% to ₹7.6 billion in the quarter to Sep 2026, while the Europe EBITDA margin rose to 16.3% from 14.1%, which the company attributes to the previous year's restructuring.2122
- The company stated in its annual report for the year to Dec 2025 that its European business depends heavily on forged crankshafts, which electric vehicles (EVs) do not need, and plans other parts, such as battery plates, to offset this.23
Revenue mix
- Approximate share of India sales by vehicle segment24The rest is split among heavy trucks, off-highway vehicles and non-auto uses.
Item year to Dec 2025 Light vehicles ~half Two- and three-wheelers ~1/4th to 1/5th Tractors ~1/6th
Plants and capacity
Customers and partners
- Mahindra & Mahindra (M&M) is a major customer: its purchases of goods were almost 18% of consolidated sales in the year to Dec 2025.27
- Forgings customers it names include M&M, Maruti Suzuki, Tata Motors, Bajaj and TVS in India, and Renault, VW Group, Daimler and BMW in Europe.28
- In Europe, where its customers are largely based, the largest customer accounts for about 12-15% of sales.29
- The company has signed a revised GKN contract for its Mexico forging plant, Bill Forge Mexico, with lower volumes over a longer term; turnover there fell about 20% on the previous year.30
New orders and EV parts
- In the 9 months to Sep 2026, the company won ₹9.7 billion of new orders in India and about ₹3 billion in Europe.31
- About 10% to 12% of the new orders won in Europe in the year to Dec 2026 so far are for EVs.32
- In India its EV orders span all its product lines, and it supplies steering races to almost all electric two-wheeler makers.33
Expansion and capital spending
- On its earnings call of 22 Oct 2026, the company said India capital spending would almost double in the year to Dec 2026 and stay similar in the year to Dec 2027, and might be about 8% of sales.343536
- On its earnings call of 22 Oct 2026, the company said it has ordered 2 forging presses for Chakan, is moving 1 press from Mexico to Hosur by the first quarter of 2027, and is building a 4,000 square metre gear plant.3537
- On its earnings call of 22 Oct 2026, the company said it plans organic growth, having found no suitable acquisition in 4 to 5 years, and that its iron foundry is fully booked.38
Recent events
- On 24 Sep 2026 the National Company Law Tribunal (NCLT), which rules on mergers, allowed the company's application for directions on meetings to merge CIE Aluminium Casting India into it; on 22 Oct 2026 the merger awaited an NCLT order.394041
- On 4 Sep 2026 the company said it had invested ₹1,20,75,60,000 in its wholly owned subsidiary CIE Hosur Limited through a rights issue (new shares offered to existing shareholders).42
- On 18 Aug 2026 the company said ICRA reaffirmed its [ICRA]AA (Stable) long-term and [ICRA]A1+ short-term ratings on a ₹575 crore line of credit; a credit rating is an agency's view of a borrower's ability to repay.4344
- On 23 Apr 2026 the board approved merging CIE Aluminium Casting India, its wholly owned aluminium die-casting subsidiary, into the company, with no shares to be issued.4546
Last updated
All 46 sources, each with its page
- 1. Exchange filing, 23 Apr 2026, page 4
- 2. Annual report, 2 Apr 2026, page 101
- 3. Annual report, 2 Apr 2026, page 102
- 4. Annual report, 2 Apr 2026, page 102
- 5. Annual report, 2 Apr 2026, page 103
- 6. Annual report, 2 Apr 2026, page 146
- 7. Annual report, 2 Apr 2026, page 78
- 8. Annual report, 2 Apr 2026, page 135
- 9. Annual report, 2 Apr 2026, page 134
- 10. Annual report, 2 Apr 2026, page 31
- 11. Investor presentation, 22 Oct 2026, page 5
- 12. Annual report, 2 Apr 2026, page 101
- 13. Investor presentation, 22 Oct 2026, page 20
- 14. Investor presentation, 22 Oct 2026, page 22
- 15. Earnings call, 22 Oct 2026, page 4
- 16. Investor presentation, 22 Oct 2026, page 9
- 17. Annual report, 2 Apr 2026, page 58
- 18. Annual report, 2 Apr 2026, page 110
- 19. Investor presentation, 22 Oct 2026, page 23
- 20. Earnings call, 22 Oct 2026, page 3
- 21. Earnings call, 22 Oct 2026, page 3
- 22. Earnings call, 22 Oct 2026, page 4
- 23. Annual report, 2 Apr 2026, page 105
- 24. Annual report, 2 Apr 2026, page 106
- 25. Annual report, 2 Apr 2026, page 51
- 26. Annual report, 2 Apr 2026, page 51
- 27. Annual report, 2 Apr 2026, page 30
- 28. Annual report, 2 Apr 2026, page 102
- 29. Annual report, 2 Apr 2026, page 51
- 30. Earnings call, 22 Oct 2026, page 5
- 31. Earnings call, 22 Oct 2026, page 5
- 32. Earnings call, 22 Oct 2026, page 10
- 33. Annual report, 2 Apr 2026, page 105
- 34. Earnings call, 22 Oct 2026, page 4
- 35. Earnings call, 22 Oct 2026, page 10
- 36. Earnings call, 22 Oct 2026, page 12
- 37. Earnings call, 22 Oct 2026, page 6
- 38. Earnings call, 22 Oct 2026, page 10
- 39. Exchange filing, 25 Sep 2026, page 1
- 40. Exchange filing, 25 Sep 2026, page 2
- 41. Earnings call, 22 Oct 2026, page 12
- 42. Exchange filing, 4 Sep 2026, page 1
- 43. Exchange filing, 18 Aug 2026, page 1
- 44. Exchange filing, 18 Aug 2026, page 2
- 45. Exchange filing, 23 Apr 2026, page 1
- 46. Exchange filing, 23 Apr 2026, page 4
Results
Consolidated; ₹ crore.CIE Automotive India quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +12.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +15.3%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,633 Crup 0.48%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹244 Crup 3.43%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 9.3%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,110 | 2,273 | 2,369 | 2,372 | 2,393 | 2,612 | 2,621 | 2,633 |
| Net profit | 185 | 206 | 204 | 214 | 204 | 249 | 236 | 244 |
| Net margin | 8.8% | 9.1% | 8.6% | 9.0% | 8.5% | 9.5% | 9.0% | 9.3% |
Year to Dec 2025, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹9,406 Crup 4.94%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹828 Crup 0.08%
- Net margin
- 8.8%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Dec 2022, the company's revenue for that year, ₹8,753 Cr, differs from its quarters added, ₹10,248 Cr. From the year to Dec 2023, the company reports a discontinued business.
| ₹ crore | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,556 | 6,663what Revenue, Dec 2017, includes. This period's revenue includes excise duty of ₹143 crore, a tax on the goods the company makes that it collects and pays to the government. | 8,032 | 7,908 | 6,050 | 8,387 | 8,753 | 9,280 | 8,964 | 9,406 |
| Net profit | 169 | 358 | 498 | 354 | 106 | 393 | −136 | 1,125 | 828 | 828 |
| Net margin | 3.0% | 5.4% | – | 4.5% | 1.8% | 4.7% | – | – | 9.2% | 8.8% |
Business segments
Share of revenue, year to Dec 2025, consolidated.Segment revenue and profit
- IndiaIndia, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹6,143 Crup 1.39%65.3%
- EuropeEurope, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,264 Crup 12.18%34.7%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Dec 2022 and Dec 2023: days before it are of the company before the change.CIE Automotive India PE ratio and valuation
At or below today's level on 3% of 2,109 trading days over the last 10 years.
At or below today's level on 28% of 2,049 trading days since Jul 2018.
At or below today's level on 100.0% of 2,437 trading days over the last 10 years.
Where the return came from
Yearly rates to Dec 2025, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −8.2% | +0.1% | −9.9% | 1.6% |
| 3 years | +8.6% | – | – | 1.4% |
| 5 years | +21.0% | +50.7% | −20.5% | 1.2% |
Mutual fund holdings
77 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 40 of the 45 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 77 funds holding CIE Automotive India
- AddedAdded. Funds that held more shares than at the end of the month before.
- 15
- CutCut. Funds that held fewer shares than at the end of the month before.
- 30
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 32
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
| 1,08,47,384 | 1.03% | ₹419.0 Cr | |
| 1,00,00,000 | 0.36% | ₹386.3 Cr | |
| 72,00,000 | 0.27% | ₹278.1 Cr | |
| 67,37,118 | 0.31% | ₹260.3 Cr | |
| 65,39,367 | 0.17% | ₹252.6 Cr | |
| 49,66,784 | 0.24% | ₹191.9 Cr | |
| 35,05,127 | 0.44% | ₹135.4 Cr | |
| 32,32,701 | 0.95% | ₹124.9 Cr | |
| 28,80,542 | 0.35% | ₹111.3 Cr | |
| 24,11,522 | 0.91% | ₹93.2 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.CIE Automotive India insider trading
- Directors and key managers0 purchases, 4 salesNo purchase₹16 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹16 Cr
CIE Automotive India competitors and peers
Auto Components & Equipments, 155 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to CIE Automotive India in market cap.Automobile companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 17,276 | 28.76 | 14.43 | – | – | 50.2% | 69.4% | 0.00% | |
| 15,319 | 30.58 | 5.80 | +26.6% | +95.3% | 20.7% | 13.8% | 0.22% | |
| 14,146 | – | 31.49 | – | – | – | – | 0.00% | |
| 14,030 | 38.68 | 9.99 | +32.8% | +71.5% | 29.5% | 22.4% | 0.27% | |
| 12,887 | 13.98 | 1.59 | +12.7% | +7.2% | 11.9% | 10.9% | 1.51% | |
| 12,474 | 116.70 | 3.79 | +8.5% | – | 3.4% | 6.4% | 0.15% | |
| 12,290 | 62.31 | 6.90 | +14.7% | +47.3% | 11.8% | 20.4% | 0.19% | |
| 11,540 | 50.13 | 7.12 | +15.9% | +10.5% | 15.2% | 13.0% | 0.17% |
Dividends
Per share, by the year it was paid for, and the latest payments.CIE Automotive India dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 22 Apr 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹7.00 |
| 23 Apr 2025 | Final | ₹7.00 |
| 13 Jun 2024 | Final | ₹5.00 |
| 2 Jun 2023 | Final | ₹2.50 |
| 13 Apr 2022 | Final | ₹2.50 |
Latest announcements
Routine notices left out.CIE Automotive India announcements
Oct 2026
13 Oct · Analysts
Sep 2026
30 Sep · Analysts
CIE Automotive India share price by year
Each calendar year to 2025.CIE Automotive India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 424.50 | −9.8% | 486.45 | 376.05 |
| 2024 | 470.75 | 0.0% | 619.00 | 419.20 |
| 2023 | 470.70 | +36.8% | 549.45 | 335.65 |
| 2022 | 344.10 | +46.9% | 344.10 | 166.95 |
| 2021 | 234.20 | +36.2% | 298.45 | 151.50 |
| 2020 | 172.00 | +4.4% | 178.05 | 61.65 |
| 2019 | 164.75 | −35.9% | 255.10 | 138.20 |
| 2018 | 257.00 | −0.4% | 299.20 | 205.50 |
| 2017 | 258.15 | +40.5% | 259.65 | 181.80 |
| 2016 | 183.75 | −26.8% | 253.45 | 158.00 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 365.50 | 365.50 | 358.85 | 363.90 | 362.39 | 1,54,478 | 59.8% |
| 27 Oct 2026 | 360.70 | 368.45 | 356.10 | 365.50 | 363.63 | 2,22,362 | 59.1% |
| 26 Oct 2026 | 351.55 | 360.05 | 345.10 | 358.70 | 354.98 | 2,30,418 | 45.7% |
| 23 Oct 2026 | 355.10 | 357.45 | 341.00 | 351.55 | 349.43 | 7,36,387 | 44.6% |
| 22 Oct 2026 | 369.55 | 369.85 | 363.00 | 364.65 | 365.55 | 1,50,490 | 56.1% |
| 21 Oct 2026 | 374.90 | 375.45 | 366.90 | 369.55 | 370.10 | 1,91,387 | 57.0% |
| 19 Oct 2026 | 376.00 | 379.60 | 370.60 | 371.40 | 374.69 | 1,30,615 | 58.0% |
| 16 Oct 2026 | 378.40 | 378.85 | 374.05 | 377.20 | 376.63 | 1,12,704 | 63.8% |
| 15 Oct 2026 | 382.00 | 382.00 | 375.10 | 376.60 | 378.29 | 2,50,588 | 64.7% |
Company details
- NSE symbol
- CIEINDIA
- BSE code
- 532756
- ISIN
- INE536H01010
- Industry
- Auto Components
- Former symbols
- MAHINDCIE, MAHINDFORG
- Website
- www.cie-india.com
- CIN
- L27100PN1999PLC245720
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1999
- Registered office
- G Block, Bhosari Industrial Estate, Near BSNL office, Bhosari, Pune 411026, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments