Cie Automotive India Ltd · NSE:CIEINDIA
Cie Automotive India — FY2025 Earnings Presentation
51 slides from Cie Automotive India's earnings presentation, Feb 19, 2026
Slide 1: Exchange intimation letter for investor presentation
SEC/2026/16 19th February, 2026 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 –
Slide 2: Q4 & Full Year CY2025 Results Presentation
Q4 & Full Year CY2025 RESULTS PRESENTATION FEBRUARY 2026
Slide 3: Disclaimer
Disclaimer CIE Automotive India Limited, herein referred to as ‘CIE India’ provides a wide array of presentations and reports, with the contributions of various professionals. These presentations and reports are for informational purposes and private circulation only and do not constitute a prospect
Slide 4: Index
INDEX 3 1 OVERVIEW 2 Q4 CY2025 RESULTS 3 FULL YEAR CY2025 RESULTS 4 BALANCE SHEET, CASH FLOWS & OTHERS 5 STRATEGY 6 MARKET UPDATE 7 SEBI FORMAT
Slide 5: 1. Overview
1. OVERVIEW
Slide 6: Overview: Legal Structure as on 31st December 2025
OVERVIEW 5 LEGAL STRUCTURE AS ON 31st DECEMBER 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 d
Slide 7: Sales by Geography & Technology
SALES BY GEOGRAPHY & TECHNOLOGY 6 APPROXIMATE BREAKUP MAGNETIC COMPOSITES PRODUCTS 5% GEARS & 2% COMPOSITES MAGNETIC MACHINING 3% PRODUCTS 6% GEARS & 1% MACHINING FORGINGS 8% 35% IRON CASTINGS 11% IRON CASTINGS 65% 9% 59 Bn ALUMINIUM CASTINGS CIE INDIA FORGINGS 18% ALUMINIUM CASTINGS GLOBAL 51% STAM
Slide 8: Locations and Market Segments
LOCATIONS AND MARKET SEGMENTS 7 END USE SEGMENTS LIGHT VEHICLES >50%; REST DIVIDED BETWEEN HEAVY 53% 23% 13% 11% TRUCKS & OFF HIGHWAY Customers largely in Europe; Exports : 14%; Largest customer : 32%, 2nd : 11%, Rest widely distributed well diversified customer base – largest ~12-15% of sales Note
Slide 9: Key Product Categories
KEY PRODUCT CATEGORIES 8 TWO WHEELERS & THREE WHEELERS PASSENGER VEHICLES ELECTRIC VEHICLES CRANKSHAFT CV JOINTS FUEL RAILS 2W CRANKSHAFT BALANCER SHAFT STEERING RACES FORGINGS FORGINGS FORGINGS FORGINGS FORGINGS FORGINGS STRUCTURAL PARTS INVERTER HOUSING MOTOTR HOUSING STAMPINGS ALUMINIUM ALUMINIUM
Slide 10: 2. Q4 CY2025 Results
2. Q4 CY2025 RESULTS
Slide 11: India Results Q4 CY2025
INDIA RESULTS 10 Q4 CY2025 (INR Mn) Q4-2025 Q4-2024 Q3-2025 MARKET UPDATE OCT-DEC 2025 OCT-DEC 2025 Sales 15,435 12% 13,804 15,232 SEGMENT V/S OCT-DEC 2024 V/S JUL-SEPT 2025 EBITDA 2,588 9% 2,365 2,642 <6T 19.3% 4.8% % EBITDA 16.8% 17.1% 17.3% 2 Wheelers 15.0% -1.5% EBIT 2,006 9% 1,834 2,096 Tractor
Slide 12: Europe Results Q4 CY2025
EUROPE RESULTS 11 Q4 CY2025 (INR Mn) Q4-2025 Q4-2024 Q3-2025 MARKET UPDATE Sales 7,823 21% 6,489 7,866 OCT-DEC 2025 OCT-DEC 2025 SEGMENT V/S OCT-DEC 2024 V/S JUL-SEPT 2025 EBITDA 996 3% 964 1,106 <6T 0.9% 11.5% % EBITDA 12.7% 14.9% 14.1% MHCV 15.0% 11.9% EBIT 623 -9% 686 762 Source: IHS Global (Euro
Slide 13: Consolidated Results Q4 CY2025
CONSOLIDATED RESULTS 12 Q4 CY2025 (INR Mn) Q4-2025 Q4-2024 Q3-2025 Sales 23,258 15% 20,292 23,097 EBITDA 3,584 8% 3,328 3,748 % EBITDA 15.4% 16.4% 16.2% EBIT 2,629 4% 2,520 2,858 % EBIT on Sales 11.3% 12.4% 12.4% EBT 2,552 9% 2,342 2,824 % EBT on Sales 11.0% 11.5% 12.2% ▪ Double digit business growt
Slide 14: 3. Full Year CY2025 Results
3. FULL YEAR CY2025. RESULTS |
Slide 15: India Results Full Year CY2025
INDIA RESULTS 14 FULL YEAR CY2025 (INR Mn) CY 2025 CY 2024 (**) MARKET UPDATE Sales 59,370 8% 55,094 SEGMENT CY25 VS CY24 EBITDA 10,410 4% 10,009 <6T 8.3% % EBITDA 17.5% 18.2% 2 Wheelers 8.1% EBIT 8,208 3% 7,944 Tractors 17.2% % EBIT on Sales 13.8% 14.4% MHCV 8.4% EBT 8,311 6% 7,868 Source: <6T & MH
Slide 16: Europe Results Full Year CY2025
EUROPE RESULTS 15 FULL YEAR CY2025 (INR Mn) CY 2025 CY 2024 MARKET UPDATE Sales 31,853 2% 31,202 SEGMENT CY25 VS CY24 EBITDA 4,227 -14% 4,894 <6T -0.5% % EBITDA 13.3% 15.7% MHCV -1.6% EBIT 2,849 -22% 3,651 % EBIT on Sales 8.9% 11.7% Source: IHS Global (Europe without Russia). Europe market data is w
Slide 17: Consolidated Results Full Year CY2025
CONSOLIDATED RESULTS 16 FULL YEAR CY2025 (INR Mn) CY 2025 CY 2024 Sales 91,223 6% 86,295 EBITDA 14,637 -2% 14,902 % EBITDA 16.0% 17.3% EBIT 11,056 -5% 11,596 % EBIT on Sales 12.1% 13.4% EBT 10,814 0% 10,847 % EBT on Sales 11.9% 12.6% PAT 8,282 0% 8,275 % PAT on Sales 9.1% 9.6% (*) EBITDA: Net Operat
Slide 18: 4. Balance Sheet, Cash Flows & Others
4. BALANCE SHEET, CASH FLOWS & OTHERS
Slide 19: Condensed Balance Sheet
CONDENSED BALANCE SHEET 18 Consolidated (INR Mn) 12/31/2025 12/31/2024 Fixed assets 63,808 59,697 Net working Capital -3,840 -1,254 Total Net Assets 59,968 58,443 Equity 74,591 65,768 Net Financial Debt -18,807 -12,022 Others (net) 4,184 4,697 Total Equity and Liabilities 59,968 58,443 Non recourse
Slide 20: Cash Flow Statement for CY25
CASH FLOW STATEMENT FOR CY25 19 Consol EBITDA 14,637 Financial (242) Maintenance Capex (1,529) Tax payment (2,405) Operating CF 10,462 % EBITDA 71% Growing Capex (2,297) Working Capital variation 2,449 Dividend distribution (2,656) Others (1,173) Financial Cash flow 6,785 BeginningNFD Begining NFD (
Slide 21: Other Details
OTHER DETAILS 20 OTHER OPERATING REVENUE, OTHER INCOME AND EXCHANGE RATES Q4 CY2025 12M CY2025 ₹ MILLION INDIA EUROPE CONSOLIDATED INDIA EUROPE CONSOLIDATED OTHER OPERATING INCOME 500 172 672 2,052 789 2,841 OTHER INCOME 185 54 239 840 173 1,013 EXCHANGE RATES PERIOD ₹/€ AVERAGE FOR Q4 CY2025 103.65
Slide 22: 5. Strategy
5. STRATEGY
Slide 23: Strategy Overview
STRATEGY OVERVIEW 22 MARKET Short Term • CY26 is expected to be good for all segments post the GST • Light vehicles: Negative growth in CY24 & CY25 as well as cut : IHS forecasts production of Light Vehicles to grow at CY26 forecasts 7.4% & of MHCVs at 5.3%; CRISIL expects 2W production to • MHCVs:
Slide 24: Performance Trend
PERFORMANCE TREND 23 EBIT % PAT INR Mn 13.4% 13.4% 11.8% 12.1% 0.3% 11% 7976 8203 8230 9% 3% 6735 18% 4086 65% 283% 1066 CY20 CY21 CY22 CY23 CY24 CY25 CY20 CY21 CY22 CY23 CY24 CY25 RONA % EBITDA % 20.0% 18.2% 17.8% 17.5% 18.0% 16.7% 21.3% 15.9% 15.7% 19.8% 16.0% 14.1% 14.5% 18.4% 13.3% 17.9% 14.0% 1
Slide 25: Share Price Overview
SHARE PRICE OVERVIEW 24 CIE India Share Price Performance Over 6 Months, 1 Year, 2 Years PERIOD CIE INDIA Share Price (Rs) PERIOD % INCREASE HIGH LOW CIE INDIA NIFTY NIFTY AUTO 6 MONTH (1-Jul-25 to 31-Dec-25) 458.00 382.60 6 MONTH (1-Jul-25 to 31-Dec-25) 6.4% 3.1% 20.9% 12 MONTH (1- Jan-25 to 31-Dec
Slide 26: 6. Market Update
6. MARKET UPDATE
Slide 27: India: Key Segments - Update
INDIA : KEY SEGMENTS - UPDATE 26 Production Numbers Exhibit 4 : India - Light Vehicles Light (Production Vehicles mn(mn units) units) Two Wheelers (mn units) Period 2025 2024 Change Period 2025 2024 Change Full Year 6.12 5.66 8.3% Full Year 25.5 23.6 8.1% Oct-Dec 1.59 1.34 19.3% Oct-Dec 6.8 5.9 15.0
Slide 28: India: Key Segments - Outlook
INDIA : KEY SEGMENTS - OUTLOOK 27 Light Vehicles 2W Tractors Heavy Trucks CAGR (2025-30) : 5.3% CAGR (FY25-30) : 7-9% CAGR (FY26-30) : 5-7% CAGR (2025-29) : 1.8% CY26 : 7.4% CY26 : 5.3% Source: IHS Feb’26 Source: CRISIL Oct’25 Source: CRISIL Oct’25 Source: IHS Feb’26 Increasing affordability, but To
Slide 29: Europe (Without Russia): Key Segments - Update & Outlook
EUROPE (WITHOUT RUSSIA) : KEY SEGMENTS – UPDATE & OUTLOOK 28 Production Numbers EE Light Vehicles (mn units) MHCV (‘000 units) Period 2025 2024 Change Period 2025 2024 Change Full Year 15.67 15.76 -0.5% Full Year 435.6 442.5 -1.6% Oct-Dec 3.94 3.91 0.9% Oct-Dec 116.6 101.4 15.0% Jul-Sep 3.54 3.40 4.
Slide 30: 7. SEBI Results
7. SEBI RESULTS
Slide 31: Standalone Statement of Profit & Loss
CIE INDIA STANDALONE 30 STATEMENT OF PROFIT & LOSS INR in Million (Except earning per share data) Standalone Quarter Ended Year Ended Particulars 31 December 2025 30 September 2025 31 December 2024 31 December 2025 31 December 2024 (Refer note 4) Unaudited (Refer note 4) Audited Audited I Revenue fr
Slide 32: Standalone Statement of Profit & Loss Continued
CIE INDIA STANDALONE 31 STATEMENT OF PROFIT & LOSS .. CONTINUED
Slide 33: Standalone Balance Sheet
CIE INDIA STANDALONE 32 BALANCE SHEET INR in M illion Standalone Particulars 31 December 2025 31 December 2024 Audited Audited I ASSETS 1 NON-CURRENT ASSETS (a) Property, Plant and Equipment 12,876.35 12,969.57 (b) Capital Work-in-Progress 1,059.70 567.88 (c ) Right-of-use assets 669.48 757.43 (d) G
Slide 34: Standalone Balance Sheet
CIE INDIA STANDALONE 33 BALANCE SHEET INR in M illion Standalone Particulars 31 December 2025 31 December 2024 Audited Audited II EQUITY AND LIABILITIES 1 EQUITY (a) Equity Share Capital 3,793.62 3,793.62 (b) O ther Equity 53,084.25 49,532.90 56,877.87 53,326.52 LIABILITIES 2 NON-CURRENT LIABILITIES
Slide 35: Standalone Statement of Change in Equity
CIE INDIA STANDALONE 34 Statement of Change in Equity A. Equity Share Capital Number of Equity share capital Shares Nos. Amount Balance as at 01 January 2025 379,362,377 3,793.62 Changes in equity share capital during the year Balance as at 31 December, 2025 379,362,377 3,793.62 Balance as at 01 Jan
Slide 36: Standalone Cash Flow
CIE INDIA STANDALONE 35 CASH FLOW INR in M illion Particulars 31 December 2025 31 December 2024 Audited Audited I Cash flows from operating activities Profit before tax 7,970.31 7,494.13 Adjustments for: Finance costs 72.84 116.73 Interest income (194.64) (158.20) Net (Gain) on sale of investment an
Slide 37: Standalone Cash Flow Continued
CIE INDIA STANDALONE 36 CASH FLOW CONTINUED INR in M illion Particulars 31 December 2025 31 December 2024 Audited Audited II Cash flows from investing activities Purc hase of Property, Plant and Equipment (2,133.79) (1,827.31) Purc hase of c urrent investments (net) (3,690.39) (1,768.12) Proc eeds f
Slide 38: Standalone Notes
CIE INDIA STANDALONE 37 NOTES 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 ab
Slide 39: Consolidated Statement of Profit & Loss
CIE INDIA CONSOLIDATED 38 STATEMENT OF PROFIT & LOSS
Slide 40: Consolidated Statement of Profit & Loss Continued
CIE INDIA CONSOLIDATED 39 STATEMENT OF PROFIT & LOSS… CONTINUED
Slide 41: Consolidated Statement of Profit & Loss Continued
CIE INDIA CONSOLIDATED 40 STATEMENT OF PROFIT & LOSS… CONTINUED
Slide 42: Consolidated Balance Sheet
CIE INDIA CONSOLIDATED 41 BALANCE SHEET
Slide 43: Consolidated Balance Sheet Continued
CIE INDIA CONSOLIDATED 42 BALANCE SHEET … CONTINUED
Slide 44: Consolidated Statement of Change in Equity
CIE INDIA CONSOLIDATED 43 STATEMENT OF CHANGE IN EQUITY
Slide 45: Consolidated Cash Flow
CIE INDIA CONSOLIDATED 44 CASH FLOW
Slide 46: Consolidated Cash Flow Continued
CIE INDIA CONSOLIDATED 45 CASH FLOW … CONTINUED
Slide 47: Consolidated Segment Result
CIE INDIA CONSOLIDATED 46 SEGMENT RESULT
Slide 48: Consolidated Notes
CIE INDIA CONSOLIDATED 47 NOTES
Slide 49: Consolidated Notes Continued
CIE INDIA CONSOLIDATED 48 NOTES … CONTINUED 6 The Board of Directors of the Holding Company at their meeting held on February 19, 2026 recommended final dividend of INR ___ per equity share of INR 10 each fully paid up for financial year ending December 31, 2025. 7 The figures for the quarter ended
Slide 50: Consolidated Notes Continued
CIE INDIA CONSOLIDATED 49 NOTES … CONTINUED
Slide 51: Thank You
C CIE India THANK YOU