CIE Automotive India Ltd
CIE Automotive Q1: Strong Growth with ₹3.5B New Orders, 11% from EVs 📈
• Consolidated sales reached ₹25.4 billion, up 16% year-on-year and 9% sequentially
• India operations sales grew 15% year-on-year to ₹16.2 billion
• European operations sales increased 17% year-on-year to ₹9.2 billion
• Consolidated EBITDA margin was 16.9%
• India EBITDA margin was 17.6%, down from 18.6% in Q1 CY2025
• European EBITDA margin improved to 15.7% from 13.9%
• New orders worth ₹3.5 billion annually secured in Q1
• 11% of new orders attributed to EV sector
• Capex in India was ₹900 million in Q1
• Plans to increase investment to over 6-7% of sales
• Metalcastello operations maintained EBITDA margins around 20%