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Mahindra CIE Automotive Limited is a subsidiary of CIE Automotive S.A, Spain. Mahindra Vehicle Manufacturing Ltd. is also a significant shareholder in the company. The company is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers in India and overseas.
CIE Automotive India (CIEINDIA) reported strong Q1 CY2026 consolidated performance. Revenue rose 16% YoY to ₹2,541.1 Cr, and EBITDA also grew 16% YoY to ₹430.3 Cr. **Business Performance:** India operations saw 15% sales growth (₹1,619 Cr), driven by robust demand in 2-wheelers (+20.7%), Tractors (+37.3%), and MHCVs (+25%). Europe sales...
CIE India's Q4 revenue surged 15% YoY to 2,325.8 Cr, achieving an EBITDA of 358.4 Cr (+8% YoY), despite one-off costs impacting margins. Full-year revenue grew 6% to 9,122.3 Cr, while PAT remained flat at 828.2 Cr. India’s business led the charge, with full-year sales up 8% to 5,937 Cr,...
**Business Performance:** CIE Automotive India reported a strong Q3 CY25 driven by robust Indian operations. However, the overall 9M CY25 performance was tempered, primarily due to significant weakness in Europe's forging market and uncertainties surrounding Electric Vehicles, which largely offset India's gains. **Growth Drivers or Strategy:** India is identified as...
Here is the financial summary: **1. Financial Highlights:** Consolidated sales for the half-year (H1 CY25) were ₹4,486.8 Cr, a slight dip from H1 CY24. Consolidated EBITDA stood at ₹730.5 Cr (16.3% margin) vs ₹802.5 Cr (17.7% margin) in H1 CY24, impacted by European operations. India's sales grew to ₹2,870.4 Cr...
Here's the financial summary: **1. Financial Highlights:** Consolidated Q2 revenue rose 4% to ₹2,290.6 Cr. However, EBITDA dipped 8% to ₹358.8 Cr (15.7% margin) due to European restructuring. H1 revenue was down 1% to ₹4,486.8 Cr, with EBITDA falling 9% to ₹730.5 Cr. India's strong growth helped offset Europe's challenges....