Cie Automotive India Ltd · NSE:CIEINDIA
Cie Automotive India — Q2 & H1 CY2025 Earnings Presentation
43 slides from Cie Automotive India's earnings presentation, Jul 21, 2025
Slide 1: Stock exchange intimation letter
SEC/2025/87 21st July, 2025 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Corporate Relationship Department, P. J. Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G Block, Mumbai - 400 001. Bandra Kurla Complex, Bandra (E), Mumbai – 400
Slide 2: Q2 & H1 CY2025 Results Presentation
Q2 & H1 CY2025 RESULTS PRESENTATION JULY 2025
Slide 3: Index
INDEX 2 1 OVERVIEW 2 Q2 CY2025 RESULTS 3 H1 CY2025 RESULTS 4 MARKET UPDATE 5 SEBI FORMAT
Slide 4: 1. Overview
1. OVERVIEW
Slide 5: Overview: Legal Structure as on June 2025
OVERVIEW 4 LEGAL STRUCTURE AS ON 30 JUNE 2025 CIE through its subsidiaries 65.71% 100% 100% 100% CIE CIE Galfor Aluminium CIE Hosur S.A. Casting India Limited Limited 100% 100% 99.96% 99.81% 100% Bill Forge CIE UAB ClE LT CIE Legazpi Metalcastello de Mexico Forgings Forge S.A. S.p.A. S de RL de Germ
Slide 6: 2. Q2 CY2025 Results
2. Q2 CY2025 RESULTS
Slide 7: India Results Q2 CY2025
INDIA RESULTS 6 Q2 CY2025 FINANCIAL UPDATE MARKET UPDATE ₹ million APR-JUN 2025 APR-JUN 2025 APR-JUN 2025 APR-JUN 2024 JAN-MAR 2025 SEGMENT V/S APR-JUN 2024 V/S JAN-MAR 2025 Sales 14,591 +7% 13,693 14,113 <6T 3.2% -11.7% EBITDA 2,552 +1% 2,519 2,628 MHCV 8.3% -16.4% % EBITDA / Sales 17.5% 18.4% 18.6
Slide 8: Europe Results Q2 CY2025
EUROPE RESULTS 7 Q2 CY2025 FINANCIAL UPDATE MARKET UPDATE ₹ million APR-JUN 2025 APR-JUN 2025 APR-JUN 2025 APR-JUN 2024 JAN-MAR 2025 SEGMENT V/S APR-JUN 2024 V/S JAN-MAR 2025 Sales 8,315 -1% 8,375 7,849 <6T -1.7% 0.2% EBITDA 1,036 -25% 1,388 1,088 MHCV -7.6% 1.4% % EBITDA / Sales 12.5% 16.6% 13.9% S
Slide 9: Consolidated Results Q2 CY2025
CONSOLIDATED RESULTS 8 Q2 CY2025 FINANCIAL UPDATE ₹ million APR-JUN 2025 APR-JUN 2024 JAN-MAR 2025 Sales 22,906 +4% 22,068 21,961 EBITDA 3,588 -8% 3,907 3,716 % EBITDA / Sales 15.7% 17.7% 16.9% EBIT 2,718 -11% 3,070 2,852 % EBIT / Sales 11.9% 13.9% 13.0% EBT 2,708 -5% 2,865 2,730 % EBT / Sales 11.8%
Slide 10: 3. H1 CY2025 Results
3.H1I CY2025 RESULTS
Slide 11: India Results H1 CY2025
INDIA RESULTS 10 H1 CY2025 FINANCIAL UPDATE MARKET UPDATE ₹ million JAN-JUN 2025 JAN-JUN 2024 JAN-JUN 2025 SEGMENT Sales 28,704 +5% 27,334 V/S JAN-JUN 2024 EBITDA 5,180 +1% 5,134 <6T 4.0% % EBITDA / Sales 18.0% 18.8% MHCV 9.6% EBIT 4,105 -1% 4,128 Tractors 12.3% % EBIT / Sales 14.3% 15.1% 2 Wheelers
Slide 12: Europe Results H1 CY2025
EUROPE RESULTS 11 H1 CY2025 FINANCIAL UPDATE MARKET UPDATE ₹ million JAN-JUN 2025 JAN-JUN 2024 JAN-JUN 2025 SEGMENT Sales 16,164 -11% 18.063 V/S JAN-JUN 2024 EBITDA 2,124 -27% 2,891 <6T -3.6% % EBITDA / Sales 13.1% 16.0% MHCV -13.5% EBIT 1,464 -33% 2,198 Source: IHS Global (Europe without Russia). %
Slide 13: Consolidated Results H1 CY2025
CONSOLIDATED RESULTS 12 H1 CY2025 FINANCIAL UPDATE ₹ million JAN-JUN 2025 JAN-JUN 2024 Sales 44,868 -1% 45,397 EBITDA 7,305 -9% 8,025 % EBITDA / Sales 16.3% 17.7% EBIT 5,569 -12% 6,326 % EBIT / Sales 12.4% 13.9% EBT 5,438 -8% 5,905 % EBT / Sales 12.1% 13.0% PAT 4,099 -8% 4,473 % PAT / Sales 9.1% 9.9
Slide 14: 4. Balance Sheet & Cash Flow
4.BALANCE SHEET _. & CASH FLOW K
Slide 15: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET 14 AS ON 30 JUN 2025 ₹ million 30 JUN 2025 31 DEC 2024 Fixed assets 61,949 59,697 Net Working Capital 4,453 (1,254) TOTAL NET ASSETS 66,402 58,443 Equity 69,263 65,768 Net Financial Debt (7,639) (12,022) Others (net) 4,778 4,697 TOTAL EQUITY AND LIABILITIES 66,402 58,443 N
Slide 16: Consolidated Cash Flow and NFD
CONSOLIDATED CASH FLOW AND NFD 15 AS ON 30 JUN 2025 ₹ million 30 JUN 2025 EBITDA 7,305 Financial (131) Maintenance CAPEX (610) Tax Payment (1,029) OPERATING CASH FLOW 5,534 % EBITDA 76% Growing CAPEX (704) Working Capital Variation (5,906) Dividend Distribution (2,656) Others (651) FINANCIAL CASH FL
Slide 17: Other Details
OTHER DETAILS 16 OTHER OPERATING REVENUE, OTHER INCOME AND EXCHANGE RATES Q2 CY2025 H1 CY2025 ₹ MILLION INDIA EUROPE CONSOLIDATED INDIA EUROPE CONSOLIDATED OTHER OPERATING INCOME 563 221 784 1,108 440 1,548 OTHER INCOME 179 41 220 507 75 582 EXCHNAGE RATES PERIOD ₹/€ AVERAGE FOR Q2 CY2025 97.03 AVER
Slide 18: 4. Market Update
4. MARKET UPDATE
Slide 19: Market Production Numbers: India
MARKET PRODUCTION NUMBERS 18 INDIA MARKET: KEY SEGMENTS UPDATE - QUARTERLY <6T VEHICLES** MHCV PERIOD Million Units Δ% Units Δ% H1 CY2025 3.0 4.0 218,737 9.6 Q2 CY2025 1.41 3.2 99,581 8.3 Q1 CY2025 1.60 4.7 119,156 10.8 TWO WHEELERS TRACTORS PERIOD Units Δ% Units Δ% H1 CY2025 11,748,343 3.2 539,090
Slide 20: Market Outlook: India
MARKET OUTLOOK 19 INDIA PASSENGER VEHICLES: Light Vehicles (less than 6 Tons – European Classification) – Short Term: IHS forecasts production growth at a 5.0% between CY2024-CY 2025 – Long term: IHS forecasts production growth at a CAGR of 4.5% over a period of 2025-2030 MHCVs: “CRISIL Research exp
Slide 21: Market Production Numbers: Europe
MARKET PRODUCTION NUMBERS 20 EUROPE MARKET: KEY SEGMENTS UPDATE - QUARTERLY <6T VEHICLES MHCV PERIOD Million Units Δ% Units Δ% H1 CY2025 8.1 -3.6 213,552 -13.5 Q2 CY2025 4.08 -1.7 107,496 -7.6 Q1 CY2025 4.07 -5.4 106,056 -18.8 Source: IHS Global Δ % - means comparison of Quarter volumes of this cale
Slide 22: Market Outlook: Europe
MARKET OUTLOOK 21 EUROPE EU(w/o Russia) – Light Vehicles: Light Vehicles (less than 6 Tons – European Classification) – Short Term: IHS forecasts production growth at a -2.9% between CY2024-CY 2025 – Long term: IHS forecasts production growth at a CAGR of 1.1% over a period of 2025-2030 EU(w/o Russi
Slide 23: 5. SEBI Results
5. SEBI RESULTS
Slide 24: Standalone Statement of Profit & Loss
CIE INDIA STANDALONE 23 STATEMENT OF PROFIT & LOSS Rs.In Million (Except earning per share data) Standalone Quarter Ended Half Year Ended Year Ended Particulars 30 June, 2025 31 March, 2025 30 June, 2024 30 June, 2025 30 June, 2024 31 December, 2024 Unaudited Unaudited Unaudited Unaudited Unaudited
Slide 25: Standalone Statement of Profit & Loss (continued)
CIE INDIA STANDALONE 24 STATEMENT OF PROFIT & LOSS .. CONTINUED Rs.In Million (Except earning per share data) Standalone Quarter Ended Half Year Ended Year Ended Particulars 30 June, 2025 31 March, 2025 30 June, 2024 30 June, 2025 30 June, 2024 31 December, 2024 Unaudited Unaudited Unaudited Unaudit
Slide 26: Standalone Balance Sheet
CIE INDIA STANDALONE 25 BALANCE SHEET Standalone Particulars 30 June, 2025 31 December, 2024 Unaudited Audited I ASSETS 1 NON-CURRENT ASSETS (a) Property, Plant and Equipment 12,789.65 12,969.57 (b) Capital Work-in-Progress 480.18 567.88 (c ) Right-of-use assets 725.35 757.43 (d) Goodwill 10,167.05
Slide 27: Standalone Balance Sheet (continued)
CIE INDIA STANDALONE 26 BALANCE SHEET… CONTINUED Standalone Particulars 30 June, 2025 31 December, 2024 Unaudited Audited II EQUITY AND LIABILITIES 1 EQUITY (a) Equity Share Capital 3,793.62 3,793.62 (b) Other Equity 50,324.62 49,532.90 TOTAL EQUITY 54,118.24 53,326.52 LIABILITIES 2 NON-CURRENT LIAB
Slide 28: Standalone Cash Flow Statement
CIE INDIA STANDALONE 27 CASH FLOW STATEMENT Rs. In Million Particulars 30 June, 2025 30 June, 2024 Unaudited Unaudited I Cash flows from operating activities Profit before tax 4,345.35 4,300.64 Adjustments for: Finance costs 44.45 76.07 Interest Income on financial assets measured at amortised cost
Slide 29: Standalone Cash Flow Statement (continued)
CIE INDIA STANDALONE 28 CASH FLOW STATEMENT… CONTINUED Rs. In Million Particulars 30 June, 2025 30 June, 2024 Unaudited Unaudited Net cash (used in) operating activities (2,266.73) (1,292.05) II Cash flows from investing activities Purchase of Property, Plant and Equipment (679.86) (1,008.67) Procee
Slide 30: Standalone Notes
CIE INDIA STANDALONE 29 NOTES 1 The statement 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 policies to the extent applicable. 2 The above res
Slide 31: Consolidated Statement of Profit & Loss
CIE INDIA CONSOLIDATED 30 STATEMENT OF PROFIT & LOSS
Slide 32: Consolidated Statement of Profit & Loss (continued)
CIE INDIA CONSOLIDATED 31 STATEMENT OF PROFIT & LOSS… CONTINUED
Slide 33: Consolidated Statement of Profit & Loss (continued)
CIE INDIA CONSOLIDATED 32 STATEMENT OF PROFIT & LOSS… CONTINUED
Slide 34: Consolidated Balance Sheet
CIE INDIA CONSOLIDATED 33 BALANCE SHEET
Slide 35: Consolidated Balance Sheet (continued)
CIE INDIA CONSOLIDATED 34 BALANCE SHEET… CONTINUED
Slide 36: Consolidated Cash Flow Statement
CIE INDIA CONSOLIDATED 35 CASH FLOW STATEMENT
Slide 37: Consolidated Cash Flow Statement (continued)
CIE INDIA CONSOLIDATED 36 CASH FLOW STATEMENT… CONTINUED
Slide 38: Consolidated Segment Information
CIE INDIA CONSOLIDATED 37 SEGMENT INFORMATION
Slide 39: Consolidated Segment Information (continued)
CIE INDIA CONSOLIDATED 38 SEGMENT INFORMATION … CONTINUED CONSOLIDATED Quarter Ended Half Year ended Year Ended Particulars 30 June 2025 31 M arch 2025 30 June 2024* 30 June 2025 30 June 2024* 31 December 2024* Unaudited Unaudited Unaudited Unaudited Unaudited Audited 3 Segment Assets a) India 63,49
Slide 40: Consolidated Notes
CIE INDIA CONSOLIDATED 39 NOTES
Slide 41: Consolidated Notes (continued)
CIE INDIA CONSOLIDATED 40 NOTES … CONTINUED
Slide 42: Consolidated Notes (continued)
CIE INDIA CONSOLIDATED 41 NOTES … CONTINUED
Slide 43: Thank You
C CIE India THANK YOU
CIE Automotive India — Q2 & H1 CY2025 Earnings Presentation on 6ix