CIE Automotive India Limited — Investor Meet, 24-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

CIE Automotive India's Q2 CY25 India sales grew 7% to INR 1,450 Cr, with EBITDA margin at 17.5%. European sales were down 1% to INR 830 Cr, with EBITDA at 12.5% (would be ~15% excluding restructuring costs). H1 CY25 consolidated sales were INR 4,490 Cr (-1% YoY), with EBITDA margin at 16.3% and PAT margin at 9.1%.

Management anticipates better H2 in India due to the festive season and ramp-up of order book, expecting slight margin improvement. Europe remains challenging, with proactive restructuring actions taken, especially at Metalcastello. The company secured INR 600 Cr in new orders in H1 CY25, focusing on new, complex products like specialized crankshafts and EV gears. Sentiment is confident for India's growth, cautious for Europe but with an eye on market consolidation.