CIE Automotive India Limited — Investor Meet, 23-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

CIE Automotive India reported Q4 CY'25 consolidated sales of INR 2330 Cr, up 15% YoY, with EBITDA rising 8%. For full year CY'25, consolidated sales reached INR 9120 Cr (+6%), and PAT remained stable at INR 830 Cr. India operations delivered strong growth, with Q4 sales up 12% to a quarterly high and adjusted EBITDA margins consistent. The Board has approved a dividend payout of INR 7 per share.

Management is highly optimistic about India's automotive market, expecting continued positive momentum from GST reductions and favorable export tariffs. New orders worth INR 870 Cr for India were secured in CY'25, with significant capacity expansions underway across various segments, including EV components.

In contrast, the European market faces stagnation and uncertainty around EV transition. The company maintains a cautious approach there, focusing on margin optimization. Strategically, some production capacity, including automated presses and gear cells, is being transferred from Europe to India to leverage cost advantages. The company's net financial debt stands comfortably negative at INR 1880 Cr, and higher capex is planned for CY'26, prudently evaluating organic and inorganic growth opportunities.