CIE Automotive India Limited — PPTs, 22-07-2025: Investor Presentation

Here is the financial summary:

**1. Financial Highlights:**

Consolidated sales for the half-year (H1 CY25) were ₹4,486.8 Cr, a slight dip from H1 CY24. Consolidated EBITDA stood at ₹730.5 Cr (16.3% margin) vs ₹802.5 Cr (17.7% margin) in H1 CY24, impacted by European operations. India's sales grew to ₹2,870.4 Cr (H1 CY25, +5% YoY) with a strong 18.0% EBITDA margin, effectively offsetting Europe's sales decline to ₹1,616.4 Cr (-11% YoY) and a lower 13.1% EBITDA margin. Net Financial Debt improved significantly to negative ₹763.9 Cr as of June 30, 2025.

**2. Strategic Initiatives & Growth Drivers:**

The company is concentrating its capital expenditure mainly in India to support organic growth. A key strategic focus is leveraging the Indian business's robust growth to counterbalance the downturn in European markets.

**3. Business Developments:**

In the quarter, European operations saw a one-off restructuring cost at Metalcastello, which impacted consolidated margins. The company's overall business growth was primarily driven by India's strong performance and favorable exchange rate effects.

**4. Market Position & Competitive Advantage:**

The company's Q2 sales growth in India surpassed the weighted average market growth of approximately 5%. While India's key segments like MHCV and Tractors showed strong double-digit growth, European automotive markets experienced declines in H1 CY25, reflecting a challenging environment.

**5. Investor Implications:**

The strong performance and concentrated capital allocation in India suggest positive growth potential. However, the ongoing uncertainty in the European market and the need for operational adjustments there represent an execution risk to monitor. The significant improvement in Net Financial Debt highlights sound financial management.