Cie Automotive India Ltd · NSE:CIEINDIA
Cie Automotive India — Q1 CY2025 Earnings Presentation
28 slides from Cie Automotive India's earnings presentation, Apr 29, 2025
Slide 1: Exchange covering letter for Q1 CY2025 investor presentation
SEC/2025/47 29th April, 2025 BSE Limited National Stock Exchange of India Limited Corporate Relationship Corporate Relationship Department, Department, Exchange Plaza, 5th Floor, P. J. Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001. Mumbai – 400
Slide 2: Q1 CY2025 Results Presentation
Q1 CY2025 RESULTS PRESENTATION APRIL 2025
Slide 3: Index
INDEX 2 1 OVERVIEW 2 Q1 CY2025 RESULTS 3 MARKET UPDATE 4 SEBI FORMAT
Slide 4: 1. Overview
1. OVERVIEW
Slide 5: Overview: Legal Structure as on March 2025
OVERVIEW 4 LEGAL STRUCTURE AS ON 31 MARCH 2025 CIE through its subsidiaries 65.71% 100% 100% 100% 100% BF CIE CIE Galfor Precision Aluminium CIE Hosur S.A. Private Casting India Limited Limited# Limited 100% 100% 99.96% 99.81% 100% Bill Forge CIE UAB ClE LT CIE Legazpi Metalcastello de Mexico Forgin
Slide 6: 2. Q1 CY2025 Results
2. Q1 CY2025 RESULTS
Slide 7: India Results
INDIA RESULTS 6 Q1 CY2025 FINANCIAL UPDATE MARKET UPDATE ₹ million JAN-MAR 2025 JAN-MAR 2025 JAN-MAR 2025 JAN-MAR 2024 OCT-DEC 2024 SEGMENT V/S JAN-MAR 2024 V/S OCT-DEC 2024 Sales 14,113 +3% 13,641 13,804 <6T 1.4% 15.7% EBITDA 2,628 0% 2,616 2,365 MHCV -0.2% 6.0% % EBITDA / Sales 18.6% 19.2% 17.1% T
Slide 8: Europe Results
EUROPE RESULTS 7 Q1 CY2025 FINANCIAL UPDATE MARKET UPDATE ₹ million JAN-MAR 2025 JAN-MAR 2025 JAN-MAR 2025 JAN-MAR 2024 OCT-DEC 2024 SEGMENT V/S JAN-MAR 2024 V/S OCT-DEC 2024 Sales 7,849 -19% 9,689 6,489 <6T -6.9% 2.5% EBITDA 1,088 -28% 1,503 964 MHCV -18.8% 8.7% % EBITDA / Sales 13.9% 15.5% 14.9% S
Slide 9: Consolidated Results
CONSOLIDATED RESULTS 8 Q1 CY2025 FINANCIAL UPDATE ₹ million JAN-MAR 2025 JAN-MAR 2024 OCT-DEC 2024 Sales 21,961 -6% 23,329 20,292 EBITDA 3,716 -10% 4,119 3,328 % EBITDA / Sales 16.9% 17.7% 16.4% EBIT 2,852 -12% 3,255 2,520 % EBIT / Sales 13.0% 14.0% 12.4% EBT 2,730 -10% 3,039 2,342 % EBT / Sales 12.
Slide 10: Other Details
OTHER DETAILS 9 OTHER OPERATING REVENUE, OTHER INCOME AND EXCHANGE RATES Q1 CY2025 ₹ MILLION INDIA EUROPE CONSOLIDATED OTHER OPERATING INCOME 545 220 765 OTHER INCOME 328 33 361 EXCHNAGE RATES PERIOD ₹/€ AVERAGE FOR Q1 CY2025 91.14 AS ON 31 MARCH 2025 92.40
Slide 11: 3. Market Update
3. MARKET UPDATE
Slide 12: Market Production Numbers: India
MARKET PRODUCTION NUMBERS 11 INDIA MARKET: KEY SEGMENTS UPDATE - QUARTERLY <6T VEHICLES** MHCV PERIOD Million Units Δ% Units Δ% Q1 CY2025 1.55 1.4 98,344 -0.2 Q4 CY2024 1.34 3.2 92,774 -22.2 Q3 CY2024 1.42 -2.5 88,849 -8.0 TWO WHEELERS TRACTORS PERIOD Units Δ% Units Δ% Q1 CY2025 5,847,357 5.8 244,14
Slide 13: Market Outlook: India
MARKET OUTLOOK 12 INDIA PASSENGER VEHICLES: Light Vehicles (less than 6 Tons – European Classification) – Short Term: IHS forecasts production growth at a 5.1% between CY2024-CY 2025 – Long term: IHS forecasts production growth at a CAGR of 4.4% over a period of 2025-2030 MHCVs: – Short Term: IHS* f
Slide 14: Market Production Numbers: Europe
MARKET PRODUCTION NUMBERS 13 EUROPE MARKET: KEY SEGMENTS UPDATE - QUARTERLY <6T VEHICLES MHCV PERIOD Million Units Δ% Units Δ% Q1 CY2025 4.0 -6.9 106,056 -18.8 Q4 CY2024 3.9 -9.5 97,540 -37.5 Q3 CY2024 3.4 -6.0 90,853 -31.8 Source: IHS Global Δ % - means comparison of Quarter volumes of this calenda
Slide 15: Market Outlook: Europe
MARKET OUTLOOK 14 EUROPE EU(w/o Russia) – Light Vehicles: Light Vehicles (less than 6 Tons – European Classification) – Short Term: IHS forecasts production growth at a -4.2% between CY2024-CY 2025 – Long term: IHS forecasts production growth at a CAGR of 1.0% over a period of 2025-2030 EU(w/o Russi
Slide 16: 4. SEBI Results
4. SEBI RESULTS
Slide 17: Standalone Statement of Profit & Loss
CIE INDIA STANDALONE 16 STATEMENT OF PROFIT & LOSS Rs. in Million (Except earning per share data) Standalone Quarter Ended Year Ended Particulars 31 March, 2025 31 December, 2024 31 March, 2024 31 December, 2024 Unaudited (Refer Note 4) Unaudited Audited Income I Revenue from operations 11,634.45 11
Slide 18: Standalone Statement of Profit & Loss (continued)
CIE INDIA STANDALONE 17 STATEMENT OF PROFIT & LOSS .. CONTINUED Rs. in Million (Except earning per share data) Standalone Quarter Ended Year Ended Particulars 31 March, 2025 31 December, 2024 31 March, 2024 31 December, 2024 Unaudited (Refer Note 4) Unaudited Audited VII Profit after tax (V-VI) 2,18
Slide 19: Standalone Notes
CIE INDIA STANDALONE 18 NOTES 1 The statement has been prepared in ac c ordanc e with the Companies (Indian Ac c ounting Standards) Rules, 2015 (Ind AS) presc ribed under Sec tion 133 of the Companies Ac t, 2013 and other rec ognized ac c ounting prac tic es and polic ies to the extent applic able.
Slide 20: Consolidated Statement of Profit & Loss
CIE INDIA CONSOLIDATED 19 STATEMENT OF PROFIT & LOSS STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31 MARCH 2025 Rs. in Million (except earning per share data) Consolidated Quarter Ended Year Ended Particulars 31 March 2025 31 December 2024 31 March 2024 31 December 202
Slide 21: Consolidated Statement of Profit & Loss (continued)
CIE INDIA CONSOLIDATED 20 STATEMENT OF PROFIT & LOSS Rs. in Million (except earning per share data) Consolidated Quarter Ended Year Ended Particulars 31 M arch 2025 31 December 2024 31 M arch 2024 31 December 2024 Unaudited (Refer Note 7) Unaudited Audited VII Profit before tax from continuing opera
Slide 22: Consolidated Statement of Profit & Loss (continued)
CIE INDIA CONSOLIDATED 21 STATEMENT OF PROFIT & LOSS Rs. in Million (except earning per share data) Consolidated Quarter Ended Year Ended Particulars 31 March 2025 31 December 2024 31 March 2024 31 December 2024 Unaudited (Refer Note 7) Unaudited Audited XIII Total comprehensive income for the perio
Slide 23: Consolidated Segment Information
CIE INDIA CONSOLIDATED 22 SEGMENT INFORMATION Consolidated Segment Information All Companies within the CIE Automotive India Limited (CIE-India) Group (formerly known as M ahindra CIE Automotive Limited) belong to the same operating segment (Automotive) and two geographical segments, India and Europ
Slide 24: Consolidated Segment Information (continued)
CIE INDIA CONSOLIDATED 23 SEGMENT INFORMATION … CONTINUED Rs. In million CONSOLIDATED Quarter Ended Year Ended Particulars 31 M arch 2025 31 December 2024 * 31 M arch 2024 * 31 December 2024 * Unaudited (Refer Note 7) Unaudited Audited 3 Segment Assets a) India 63,529.22 63,001.28 60,939.94 63,001.2
Slide 25: Consolidated Notes
CIE INDIA CONSOLIDATED 24 NOTES Notes: 1 The statement of consolidated financial results has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policie
Slide 26: Consolidated Notes (continued)
CIE INDIA CONSOLIDATED 25 NOTES … CONTINUED 5 CIE Aluminium Castings India Limited (CACIL) (formerly known as Aurangabad Electricals Limited), the company’s subsidiary is eligible for Government Grant income under Maharashtra Government Package Scheme of Incentives (PSI) 2013. This incentive is in t
Slide 27: Annexure A: Subsidiaries and Associate Companies
CIE INDIA CONSOLIDATED 26 NOTES … CONTINUED Annexure A - Subsidiaries forming part of the CIE Automotive India Limited (CIE-India) Group (formerly known as M ahindra CIE Automotive Limited) and its Associate Companies S. No. Name of the entity Relationship % of Holding Country of 31 March 2025 Incor
Slide 28: Thank You
C CIE India THANK YOU
CIE Automotive India — Q1 CY2025 Earnings Presentation on 6ix