Cie Automotive India Ltd · NSE:CIEINDIA
Cie Automotive India — Mahindra CIE Automotive — Q3 CY2019 Earnings Presentation
29 slides from Cie Automotive India's earnings presentation, Oct 24, 2019
Slide 1: Exchange filing cover letter for Q3 CY19 investor presentation
Mahindra CIE Automotive Ltd Mahindra Towers 1" Floor Dr G M Bhosale Marg Worl~ Mumba~400 018 India Tel +91 22 24931449 Fax +91 2224915890 www mah~ndraciecon1 mcle -- investors@mah~ndracrecom 231'1iOctober, 2019 BSE Limited National Stock Exchange of India Limited Corporate Relatioi~shipDepartment, C
Slide 2: Investor Presentation Q3 CY19 Results
Investor Presentation Q3 CY19 Results Mahindra CIE Automotive Limited 23rd October 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 India Q3 CY2019 Results
MCIE India Q3 CY2019 Results Market Update (Production) Financial Update Jul-Sep 2019 Jul-Sep 2019 v/s v/s Jul-Sep 2018 Apr-Jun 2019 (INR Mio) Jul-Sep Change Jul-Sep Apr-Jun PV -23.8% -3.6% 2019 2018 2019 Source: SIAM, TMA Sales 8,509 +4% 8,153 9,179 UV -6.0% -4.4% (without Excise) LCV -26.0% -11.1%
Slide 5: MCIE India 9M CY2019 Results
MCIE India 9M CY2019 Results Financial Update Market Update (Production) (INR Mio) Jan-Sep 2019 Change Jan-Sep 2018 Jan-Sep 2019 v/s Jan-Sep 2018 Source: SIAM, TMA Sales 25,529 +7% 23,934 PV -15.5% (without Excise) UV -2.9% EBITDA (*) 3,622 -1% 3,671 LCV -11.8% EBITDA% 14.2% 15.3% <6T -11.8% Two Whe
Slide 6: MCIE Europe Q3 CY2019 Results
MCIE Europe Q3 CY2019 Results Financial Update Market Update (Production) (INR Mio) Jul-Sep Change Jul-Sep Apr-Jun 2019 2018 2019 Source: IHS Global Sales 9,340 -17% 11,263 11,316 Jul-Sep 2019 Jul-Sep 2019 (without Excise) v/s v/s Jul-Sep 2018 Apr-Jun 2019 EBITDA (*) 1,074 -22% 1,369 1,480 Passenger
Slide 7: MCIE Europe 9M CY2019 Results
MCIE Europe 9M CY2019 Results Financial Update Market Update (Production) (INR Mio) Jan-Sep 2019 Change Jan-Sep 2018 Source: IHS Global Sales 33,500 -2% 34,085 Jan-Sep 2019 (without Excise) v/s Jan-Sep 2018 EBITDA (*) 4,232 -6% 4,479 Passenger Vehicles -4.2% EBITDA% 12.6% 13.1% As per ACEA registrat
Slide 8: MCIE Consolidated Q3 CY2019 Results
MCIE Consolidated Q3 CY2019 Results (INR Mio) Jul-Sep 2019 Change Jul-Sep 2018 Apr-Jun 2019 Sales 17,850 -8% 19,326 20,495 (without Excise) EBITDA (*) 2,186 -16% 2,610 2,694 EBITDA% 12.2% 13.5% 13.1% EBIT (*) 1,396 -27% 2,918 1,850 EBIT % 7.8% 9.9% 9.0% EBT 1,198 -35% 1,856 1,735 EBT% 6.7% 9.6% 8.5%
Slide 9: MCIE Consolidated 9M CY2019 Results
MCIE Consolidated 9M CY2019 Results (INR Mio) Jan-Sep 2019 Change Jan-Sep 2018 Sales 59,028 +2% 57,753 (without Excise) EBITDA (*) 7,853 -4% 8,150 EBITDA% 13.3% 14.1% EBIT (*) 5,480 -9% 6,020 EBIT % 9.3% 10.4% EBT 5,063 -11% 5,709 EBT% 8.6% 9.9% (*) EBITDA: Net Operating Income + Depreciation, EBIT:
Slide 10: Other Details
Other Details Other Operating Revenue, Other Income and Exchange rates For Q3 CY19 For 9M CY19 (INR Mio) India Europe Consolidated India Europe Consolidated Other Operating Revenue 625 221 836 1701 1119 2,820 Other Income 25 16 41 207 60 267 Exchange Rates Period INR/ Euro Average for Q3 CY19 78.42
Slide 11: Annexure 1: Results Declared to SEBI
Annexure 1: - Results Declared to SEBI 10
Slide 12: Statement of Profit & Loss Accounts - Consolidated
S TAT E M E N T O F P R O F I T & L O S S A C C O U N T S - Consolidated Rs. in M illion Consolidated Quarter Ended Nine M onths Ended Year Ended September September September September June 30, 2019 December 31, 2018 Particulars 30, 2019 30, 2018 30, 2019 30, 2018 Unaudited Unaudited (Refer Note 10
Slide 13: Statement of Profit & Loss Accounts - Consolidated Contd.
S TAT E M E N T O F P R O F I T & L O S S A C C O U N T S - Consolidated Contnd. Rs. in Million Consolidated Quarter Ended Nine Months Ended Year Ended September September September September June 30, 2019 December 31, 2018 Particulars 30, 2019 30, 2018 30, 2019 30, 2018 Unaudited Unaudited (Refer N
Slide 14: Statement of Profit & Loss Accounts - Consolidated Contd.
S TAT E M E N T O F P R O F I T & L O S S A C C O U N T S - Consolidated Contnd. Rs. in M illion Consolidated Quarter Ended Nine M onths Ended Year Ended September September September September June 30, 2019 December 31, 2018 Particulars 30, 2019 30, 2018 30, 2019 30, 2018 Unaudited Unaudited (Refer
Slide 15: Segment Revenue, Results, Assets & Liabilities
Segment Revenue, Results, Assets & Liabilities Rs. in Million CONSOLIDATED Quarter Ended Nine Months Ended Year Ended September 30, 2019 June 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 December 31, 2018 Unaudited Unaudited (Refer Note 10) Unaudited (Refer Note 10) Audited Part
Slide 16: Segment Revenue, Results, Assets & Liabilities
Segment Revenue, Results, Assets & Liabilities Rs. in Million CONSOLIDATED Quarter Ended Nine Months Ended Year Ended September 30, 2019 June 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 December 31, 2018 Unaudited Unaudited (Refer Note 10) Unaudited (Refer Note 10) Audited Part
Slide 17: Statement of Profit & Loss Accounts - Standalone
S TAT E M E N T O F P R O F I T & L O S S A C C O U N T S - S t a n d a l o n e Rs. In M illion STANDALONE Quarter Ended Nine M onths Ended Year Ended September September September September June 30, 2019 December 31, 2018 30, 2019 30, 2018 30, 2019 30, 2018 Particulars Unaudited Unaudited Unaudited
Slide 18: Statement of Profit & Loss Accounts - Standalone Contd.
S TAT E M E N T O F P R O F I T & L O S S A C C O U N T S - Standalone.. Contd. Rs. In Million STANDALONE Quarter Ended Nine Months Ended Year Ended September September September September June 30, 2019 December 31, 2018 30, 2019 30, 2018 30, 2019 30, 2018 Particulars Unaudited Unaudited Unaudited U
Slide 19: Statement of Profit & Loss Accounts - Standalone Contd.
S TAT E M E N T O F P R O F I T & L O S S A C C O U N T S - Standalone.. Contd. Rs. In M illion STANDALONE Quarter Ended Nine M onths Ended Year Ended September September September September June 30, 2019 December 31, 2018 30, 2019 30, 2018 30, 2019 30, 2018 Particulars Unaudited Unaudited Unaudited
Slide 20: MCIE - Notes
MCIE - 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 In September 2018, the Board o
Slide 21: MCIE - Notes Cont...
MCIE – Notes Cont… Exceptional items in the Standalone Financial Results for the year ended December 31, 2018 pertain to: a. Provision for impairment on additional investment in Stokes Group Limited, wholly owned subsidiary of the Company, amounting to INR 1,161 million, to facilitate closure of bus
Slide 22: MCIE - Notes Cont...
MCIE – Notes Cont… 8 The subsidiaries and associate companies forming part of consolidated financial results of Mahindra CIE Automotive Limited (MCIE) are listed in "Annexure A" annexed herewith the statement. 9 The consolidated net profit of the company also includes net profit of it's associate co
Slide 23: Annexure A - Subsidiaries and Associate Companies
MCIE – Notes Cont… MAHINDRA CIE AUTOMOTIVE LIMITED Regd. Office : Mahindra Towers, P.K. Kurne Chowk, Worli, Mumbai - 400 018. CIN: L27100MH1999PLC121285 Tel: +91 2135 663300 Fax: +91 2135 663407 Website: www.mahindracie.com E-mail: mcie.investors@mahindracie.com STATEMENT OF STANDALONE AND CONSOLIDA
Slide 24: Annexure 2: Market Overview and Outlook
Annexure 2: Market Overview and Outlook 23
Slide 25: India Market: Key Segments Update - Quarterly
India Market: Key Segments Update - Quarterly Demand Uncertain Market - Production Numbers Cars + UV’s <6T Vehicles** Tractors Two Wheelers Period Units Δ% Units Δ% Units Δ% Units Δ% 9M C19 2,805,031 -11.8 3,255,168 -11.8 378,065 -8.8 17,063,990 -11.7 Q3 C19 867,330 -19.7 995,035 -20.6 903,027 -2.5
Slide 26: Market Outlook - India
Market Outlook - India • Light Vehicles (less than 6 Tons) Short Term: IHS forecasts growth at a -13.6% between CY2018-CY 2019 Long term: IHS forecasts growth at a CAGR of 5.7% over a period of 2019-2024 • MHCVs: Short Term: IHS forecasts growth at a -0.8% between CY2018-CY 2019 Long term: IHS forec
Slide 27: Europe Market Update - Quarterly
Europe Market Update - Quarterly Market Sliding Market - Production Numbers Passenger Vehicles (Mn Units) Period C19 Δ% 9M CY 2019 15.7 -4.2% Q3 CY 2019 4.59 0.3 Q2 CY 2019 5.53 -7.3 Q1 CY 2019 5.58 -4.6 Source: IHS Global *Δ% Change means comparison of Quarter volumes of this financial year with th
Slide 28: Market Outlook - Europe
Market Outlook - Europe Long Term Growth Stable • EU – Light Vehicles: ‒ IHS Global has forecasted that the Passenger Vehicle production will grow at a slow but steady pace of 1.0% CAGR between C19 to C24 • EU – MHCV’s: ‒ IHS Global has forecasted that the MHCV production will grow at 2.5% CAGR betw
Slide 29: Thank you
Thank you 28
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