Cie Automotive India Ltd · NSE:CIEINDIA
Cie Automotive India — Mahindra CIE Automotive — Q1 CY2019 Earnings Presentation
23 slides from Cie Automotive India's earnings presentation, May 6, 2019
Slide 1: Cover letter to stock exchanges on Q1 CY19 results
Mahindra CIE Automotive Ltd Mahlndra Towers 1 Floor Dr G M Bhosale Marg Worl~ Mumba~400 018, lnd~a Tel +91 22 24931449 Fax +91 22 24915890 www mahlndracie con1 mcle ~nvestors@m_ah~ndrac~e com 6t'l May, 2019 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Corpo
Slide 2: Investor Presentation Q1 CY 2019 Results
Investor Presentation Q1 CY 2019 Results Mahindra CIE Automotive Limited 6th May 2019 │ Mumbai 1
Slide 3: Disclaimer
Mahindra ClE Disclaimer Mahindra CIE Automotive Limited, herein referred to as MCAL 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
Slide 4: MCIE Overview
MCIE Overview Legal Structure MVML (M&M Subsidiary) and CIE through it’s subsidiaries Promoter Group 11.44% 56.28% 3
Slide 5: MCIE India Q1 CY19 results
MCIE India Q1 CY19 results Financial Update Market Update (Production) ( ₹ Mio) Jan-Mar Change Jan-Mar Oct -Dec Jan-Mar 2019 Jan-Mar 2019 2019 2018 2018 v/s v/s Jan-Mar 2018 Oct-Dec 2018 Sales 7,936 +2% 7,756 7,627 (without Excise) PV -7.1% 11.6% EBITDA (*) 1,296 +10% 1,175 1,134 UV -0.5% 28.3% EBIT
Slide 6: MCIE Europe Q1 CY19 results
MCIE Europe Q1 CY19 results Financial Update Market Update ( ₹ Mio) Jan-Mar 2019 Change Jan-Mar Oct -Dec (Production) 2018 (**) 2018 Sales 12,844 +15% 11,189 11,199 (without Excise) EBITDA (*) 1,677 +15% 1,457 1,613 Jan-Mar 2019 Jan-Mar 2019 v/s v/s EBITDA% 13.1% 13.0% 14.4% Jan-Mar 2018 Oct-Dec 201
Slide 7: MCIE Consolidated Q1 CY19 results
MCIE Consolidated Q1 CY19 results ( ₹ Mio) Jan-Mar 2019 Change Jan-Mar 2018 (**) Oct -Dec 2018 Sales 20,684 +10% 18,880 18,733 (without Excise) EBITDA (*) 2,974 +13% 2,631 2,747 EBITDA% 14.4% 13.9% 14.7% EBIT (*) 2,233 +16% 1,928 2,010 EBIT % 10.8% 10.2% 10.7% EBT 2,130 +12% 1,909 1,819 EBT% 10.3% 1
Slide 8: Other Details
Other Details Other operating Revenue, Other Income and Exchange rates For Q1 CY19 (INR Mio) India Europe Consolidated Other Operating Revenue 581 480 1,060 Other Income 148 1 149 Exchange Rates Period INR/ Euro Average for Q1 CY19 80.06 Average for Q4 CY18 82.19 As on 31 Mar’ 2019 78.05 7
Slide 9: Annexure 1: Results Declared to SEBI
Annexure 1: Results Declared to SEBI 8
Slide 10: Statement of Standalone and Consolidated Unaudited Results
STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED MARCH 31, 2019. Rs.in Million STANDALONE CONSOLIDATED Quarter Ended Year Ended Quarter Ended Year Ended Particulars March 31, 2019|December 31, 2018) March 31, 2018 |December 31, 2018) March 31, 2019 December 31, 2018 |
Slide 11: Statement of Profit & Loss Accounts... Cont
STATEMENT OF PROFIT & LOSS ACCOUNTS... CONT STANDALONE CONSOLIDATED Quarter Ended Year Ended Quarter Ended Year Ended Particulars ‘March 31, 2019|December 31, 2018) March 31, 2018 |December 31, 2018) March 31, 2019 December 31, 2018 |March 31, 2018 December 31, 2018 artic Un Audited Un Audited Un Au
Slide 12: Statement of Profit & Loss Accounts... Cont.
STATEMENT OF PROFIT & LOSS ACCOUNTS... CONT. STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED MARCH 31, 2019. Rs.in Million STANDALONE CONSOLIDATED Quarter Ended Year Ended Quarter Ended Year Ended ern March 31, 2019/December 31, 2018] March 31, 2018 {December 31, 201
Slide 13: SEBI Result
MCIE SEBI RESULT All companies within the Mahindra CIE Group belong to the same business segment (Automotive) and two geographical segments, India and Europe as presented below : Rs. In Million Consolidated Quarter Ended Quarter Ended Quarter Ended | Year Ended Particulars 31-Mar-19 31-Dec-18 31-Mar
Slide 14: SEBI Result
MCIE SEBI RESULT All companies within the Mahindra CIE Group belong to the same business segment (Automotive) and two geographical segments, India and Europe as presented below : Rs. In Million Consolidated Quarter Ended Quarter Ended Quarter Ended | Year Ended Particulars 31-Mar-19 31-Dec-18 31-Mar
Slide 15: SEBI Result Notes
MCIE SEBI RESULT NOTES STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED MARCH 31, 2019. 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
Slide 16: SEBI Result Notes..Cont
MCIE SEBI RESULT NOTES..CONT STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED MARCH 31, 2019. Notes: 5 Ind AS 115 - Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018 replaces existing revenue recognition require
Slide 17: SEBI Result Notes..Cont
MCIE SEBI RESULT NOTES..CONT STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED MARCH 31, 2019. Notes: 9 The subsidiaries and associate companies forming part of consolidated financial results of Mahindra CIE Automotive Limited ( "MCIE") collectively refered to as the "
Slide 18: Annexure A - Subsidiaries and Associate Companies of the MCIE Group
MCIE SEBI RESULT NOTES..CONT Annexure A - Subsidiaries and Associate Companies forming part of the MCIE Group St Ivame of the entity Relationship ot Holding | country of incorporation No, March 31, 2019 1|Stokes Group Limited (SGL) Subsidiary of MCIE 100%] U.K 2|Stokes Forgings Dudley Limited Subsid
Slide 19: Annexure 2: Market Overview and Outlook
Annexure 2: Market Overview and Outlook 18
Slide 20: India Market: Key Segments Update - Quarterly
India Market: Key Segments Update - Quarterly Demand Slow Market - Production Numbers Cars + UV’s CV’s Tractors Two Wheelers Period Units Δ% Units Δ% Units Δ% Units Δ% Q1 C19 1,034,674 -3.7 294,065 2.7 190,528 -0.8 5,405,132 -9.8 Q4 C18 1,135,583 -10.1 255,819 12.7 219,956 16.1 5,757,147 9.6 Q3 C18
Slide 21: Market Outlook - India
Market Outlook - India • PVs+ UVs: “In fiscal 2020, cars and utility vehicles (UV) industry is pegged to grow moderately at 6-8%.”… CRISIL Research report downloaded on 26 April 2019 • CVs: “LCVs to continue to grow at ~11% in fiscal 2020, aided by advancement of purchases due to implementation of B
Slide 22: Market Outlook - Europe
Market Outlook - Europe • EU – Cars: ‒ IHS Global has forecasted that the Passenger Vehicle production will grow at a slow but steady pace of 0.3% CAGR from 2018-2023. • EU - CVs: ‒ IHS Global has forecasted that the Medium and Heavy Commercial Vehicle production will grow at a steady pace of 4.3% C
Slide 23: Thank you
Thank you — Mahindra
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