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CIE Automotive India Ltd

(CIEINDIA)

₹474.10.17%

as on 04:01PM, 12 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

CIE Automotive India Ltd Analyst Rating

based on 5 analysts

BUY

80.00%

Buy

0.00%

Hold

20.00%

Sell

Based on 5 analysts offering long term price targets for CIE Automotive India Ltd. An average target of ₹598

Source: S&P Global Market Intelligence

CIE Automotive India Ltd Share analysis

CIE Automotive India Ltd price forecast by 5 analysts

Upside of25.92%

High

₹713

Target

₹598.00

Low

₹450

CIE Automotive India Ltd target price ₹598, a slight upside of 25.92% compared to current price of ₹474.1. According to 5 analysts rating.

Source: S&P Global Market Intelligence

CIE Automotive India Ltd Performance

  • Day's Low

    Day's High

    ₹470.3
    ₹480.45
  • 52 Week's Low

    52 Week's High

    ₹406.8
    ₹622.4
1 Month Return-11.24 %
3 Month Return-12.69 %
1 Year Return+ 0.19 %
Previous Close₹474.90
Open₹479.15
Volume65.45K
Upper Circuit-
Lower Circuit-
Market Cap₹18,015.92Cr

CIE Automotive India Ltd Key Statistics

P/E Ratio22.19
PEG Ratio1.64
Market Cap₹18,015.92 Cr
P/B Ratio3.61
EPS29.66
Dividend Yield1.06
SectorCastings, Forgings & Fastners
ROE11.95

CIE Automotive India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹18,015.92 Cr46.05%0.52₹1,125 Cr₹9,280 Cr
HOLD₹8,115.25 Cr3.61%0.80₹532 Cr₹7,551 Cr
NA₹18,318.25 Cr324.64%0.78₹193 Cr₹5,009 Cr
NA₹16,800.64 Cr50.9%0.72₹325 Cr₹4,340 Cr
BUY₹6,968.65 Cr38.39%0.59₹167 Cr₹2,895 Cr

About CIE Automotive India Ltd

Mahindra CIE Automotive Ltd is a leading automotive component manufacturer and supplier, incorporated in 1994. The company is headquartered in Mumbai, India and operates in five core lines of business, namely, Automotive Components, Forging, Aluminium Die Casting, Machining, and Engineering Services.

The company's top products include sheet metal components, suspension components, transmission components, die castings, and forgings. Popular brands associated with Mahindra CIE Automotive Ltd include Mahindra, Tata Motors, Ford, Renault, Volkswagen, and Hyundai. The company also manufactures components for a wide range of industries such as agriculture, construction, and off-road vehicles.

Share Price: ₹474.10 per share as on 12 Nov, 2024 04:01 PM
Market Capitalisation: ₹18,015.92Cr as of today
Revenue: ₹2,134.63Cr as on September 2024 (Q3 24)
Net Profit: ₹195.23Cr as on September 2024 (Q3 24)
Listing date: 30 Aug, 2007
Chairperson Name: Shriprakash Shukla
OrganisationCIE Automotive India Ltd
Headquarters
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for CIE Automotive India Ltd

  • CIE Automotive India Reports Significant Profit Decline - 25 Oct, 2024

    CIE Automotive India experienced a 48% drop in net profit to Rs 195.23 crore for the September 2024 quarter, alongside a 6.35% decline in sales to Rs 2134.63 crore compared to the previous year.

  • CIE Automotive Reports Significant Q2 Profit Decline - 24 Oct, 2024

    CIE Automotive's Q2 net profit fell 48% to ₹195.2 crore, with revenue down 6.4% to ₹2,134.6 crore due to rising costs and market volatility. The stock price dropped over 2%.

  • Motilal Oswal Issues BUY Call for CIE Automotive - 16 Oct, 2024

    Motilal Oswal has recommended a BUY for CIE Automotive India with a target price of Rs. 650, suggesting a 20% upside. Despite short-term challenges in certain segments, the company's strong fundamentals and growth potential in two-wheelers and electric vehicles make it an attractive investment.

  • CIE Automotive India Maintains Positive Outlook Amid Challenges - 14 Oct, 2024

    CIE Automotive India faces weak demand in the domestic tractor and PV segments but sees growth opportunities in EVs. The company remains net debt-free and focuses on operational efficiencies, reiterating a BUY rating with a target price of Rs 650.

Insights on CIE Automotive India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 18.45% to 19.36% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 65.70% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 102.7% return, outperforming this stock by 102.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 290.3% return, outperforming this stock by 219.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, CIEINDIA stock has moved down by -11.2%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 2.47K Cr → 2.16K Cr (in ₹), with an average decrease of 6.6% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.78% to 9.60% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.03% to 4.32% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 230.48 Cr → 195.23 Cr (in ₹), with an average decrease of 7.9% per quarter

CIE Automotive India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,279.41Cr (-)₹2,240.40Cr (↓1.71%)₹2,426.80Cr (↑8.32%)₹2,292.69Cr (↓5.53%)₹2,134.63Cr (↓6.89%)
Net Income₹375.42Cr (-)₹168.94Cr (↓55.00%)₹230.48Cr (↑36.43%)₹216.83Cr (↓5.92%)₹195.23Cr (↓9.96%)
Net Profit Margin16.47% (-)7.54% (↓54.22%)9.50% (↑25.99%)9.46% (↓0.42%)9.15% (↓3.28%)
Value in ₹ crore
Details2020202120222023
Total Assets₹5,050.10Cr (-)₹5,461.10Cr (↑8.14%)₹5,885.66Cr (↑7.77%)₹6,287.66Cr (↑6.83%)
Total Liabilities₹1,105.10Cr (-)₹1,410.80Cr (↑27.66%)₹1,414.51Cr (↑0.26%)₹1,347.72Cr (↓4.72%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow₹396.80Cr (-)₹308.50Cr (↓22.25%)₹275.20Cr (↓10.79%)₹478.10Cr (↑73.73%)₹694.81Cr (↑45.33%)

Index Inclusions

S&P BSE 250 SmallCap

₹6,921.04

-1.39 (-97.86%)

S&P BSE 400 MidSmallCap

₹11,879.50

-1.15 (-138.04%)

Nifty Smallcap 250

₹17,196.40

-1.31 (-227.5%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹19,401.45

-1.05 (-206.85%)

Nifty 500

₹22,331.05

-1.15 (-260.35%)

BSE 500

₹35,161.57

-1.18 (-418.81%)

BSE Small-Cap

₹53,604.48

-1.26 (-681.93%)

CIE Automotive India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
65.7%
0.00
Foreign Institutions
4.32%
-14.03
Mutual Funds
19.36%
4.91
Retail Investors
9.6%
-1.85
Others
1.02%
-1.80

CIE Automotive India Ltd Key Indicators

Details20192020202120222023
Return On Equity %4.551.892.7612.0211.95
Details20192020202120222023
Return On Assets %7.412.117.19-2.3117.89
Details20192020202120222023
Book Value Per Share (₹)122.26129.5137.08134.41157.84
Details20192020202120222023
Earning Per Share (₹)9.342.8110.36-3.5929.66

CIE Automotive India Ltd Valuation

CIE Automotive India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1074.29x)

June 19, 2023

Today (22.19x)

November 11, 2024

Industry (42.42x)

November 11, 2024

Highest (852.00x)

December 30, 2020

LowHigh

CIE Automotive India Ltd Earnings and Dividends

  • CIE Automotive India Ltd Earnings Results

    CIE Automotive India Ltd’s net profit fell -48% since last year same period to ₹195.23Cr in the Q2 2024-2025. On a quarterly growth basis, CIE Automotive India Ltd has generated -9.96% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • CIE Automotive India Ltd Dividends February,2024

    In the quarter ending December 2023, CIE Automotive India Ltd has declared dividend of ₹5 - translating a dividend yield of 1.58%.

    Read More about Dividends

CIE Automotive India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

CIE Automotive India Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on CIE Automotive India Ltd

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CIE Automotive India Ltd (CIEINDIA) share price today is ₹474.1

CIE Automotive India Ltd is listed on NSE

CIE Automotive India Ltd is listed on BSE

  • Today’s highest price of CIE Automotive India Ltd is ₹480.45.
  • Today’s lowest price of CIE Automotive India Ltd is ₹470.3.

PE Ratio of CIE Automotive India Ltd is 22.19

PE ratio = CIE Automotive India Ltd Market price per share / CIE Automotive India Ltd Earnings per share

Today’s traded volume of CIE Automotive India Ltd(CIEINDIA) is 65.45K.

Today’s market capitalisation of CIE Automotive India Ltd(CIEINDIA) is ₹18015.92Cr.

CIE Automotive India Ltd(CIEINDIAPrice
52 Week High
₹622.4
52 Week Low
₹406.8

CIE Automotive India Ltd(CIEINDIA) share price is ₹474.1. It is down -23.83% from its 52 Week High price of ₹622.4

CIE Automotive India Ltd(CIEINDIA) share price is ₹474.1. It is up 16.54% from its 52 Week Low price of ₹406.8

CIE Automotive India Ltd(CIEINDIAReturns
1 Day Returns
-0.8%
1 Month Returns
-11.24%
3 Month Returns
-12.69%
1 Year Returns
0.19%