Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:21 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532756 | NSE: CIEINDIA

CIE Automotive India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹393.19Overvalued by 13.58%vs CMP ₹455.00

P/E (21.0) × ROE (11.7%) × BV (₹197.00) × DY (1.54%)

₹320.73Overvalued by 29.51%vs CMP ₹455.00
MoS: -41.9% (Negative)Confidence: 53/100 (Moderate)Models: 3 Fair, 6 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹456.3023%Fair (+0.3%)
Graham NumberEarnings₹311.0717%Over (-31.6%)
Earnings PowerEarnings₹181.5511%Over (-60.1%)
DCFCash Flow₹449.3111%Fair (-1.3%)
Net Asset ValueAssets₹196.647%Over (-56.8%)
EV/EBITDAEnterprise₹442.219%Fair (-2.8%)
Earnings YieldEarnings₹218.307%Over (-52%)
ROCE CapitalReturns₹63.927%Over (-86%)
Revenue MultipleRevenue₹247.976%Over (-45.5%)
Consensus (9 models)₹320.73100%Overvalued
Key Drivers: Wide model spread (₹64–₹456) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 16.1%

*Investments are subject to market risks

Investment Snapshot

60
CIE Automotive India Ltd scores 60/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health59/100 · Moderate
ROCE 14.7% GoodROE 11.7% AverageD/E 0.33 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money65/100 · Strong
FII holding stable No changeDII holding up 0.73% MF buyingPromoter holding at 65.7% Stable
Earnings Quality50/100 · Moderate
OPM stable around 15% Steady
Quarterly Momentum58/100 · Moderate
Revenue (4Q): 5% YoY FlatProfit (4Q): +0% YoY Positive
Industry Rank75/100 · Strong
P/E 21.0 vs industry 63.2 Cheaper than peersROCE 14.7% vs industry 10.6% Above peers3Y sales CAGR: 2% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

CIE Automotive India Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
50/100
Moderate
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 21.0 vs Ind 63.2 | ROCE 14.7% | ROE 11.7% | CFO/NP N/A
Balance Sheet Stress
20/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.33x | IntCov 0.0x | Current 0.90x | Borrow/Reserve 0.06x
Cash Flow Reliability
14/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹828 Cr | CFO/NP N/A
Ownership Accumulation
+50
Accumulation
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII +0.09 pp | DII +0.12 pp | Prom 0.00 pp
Business Momentum
-9
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales +0.9% | Q NP -4.7% | Q OPM -1.0 pp
Derived FieldValueHow it is derived
Valuation Gap %-29.5%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.06xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change+0.09 ppLatest FII% minus previous FII%
DII Change+0.12 ppLatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change-2,887Latest shareholder count minus previous count
Quarterly Sales Change+0.9%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-4.7%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-1.0 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:21 am

Market Cap 17,259 Cr.
Current Price 455
Intrinsic Value₹320.73
High / Low 526/357
Stock P/E21.0
Book Value 197
Dividend Yield1.54 %
ROCE14.7 %
ROE11.7 %
Face Value 10.0
PEG Ratio1.31

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for CIE Automotive India Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
CIE Automotive India Ltd 17,259 Cr. 455 526/35721.0 1971.54 %14.7 %11.7 % 10.0
Happy Forgings Ltd 11,181 Cr. 1,185 1,370/71639.1 2080.25 %19.2 %15.5 % 2.00
Ramkrishna Forgings Ltd 9,119 Cr. 502 782/46040.8 1690.40 %6.84 %14.4 % 2.00
MM Forgings Ltd (MMFL) 1,955 Cr. 405 501/27619.2 2020.99 %12.5 %15.6 % 10.0
Amic Forging Ltd 1,410 Cr. 1,312 1,750/1,06556.0 1390.00 %27.9 %21.8 % 10.0
Industry Average12,169.30 Cr418.2163.21155.020.29%10.63%10.60%6.13

All Competitor Stocks of CIE Automotive India Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 2,2472,4402,3202,2792,2402,4272,2932,1352,1102,2732,3692,3722,393
Expenses 1,9542,0601,9501,9341,9132,0661,9331,8041,8111,9372,0322,0162,058
Operating Profit 292381370345327361360331299335337356335
OPM % 13%16%16%15%15%15%16%15%14%15%14%15%14%
Other Income -79075108209185232274037232028
Interest 8242231302221171813249
Depreciation 77838378788684808186878996
Profit before tax -582349372445237304287260240273271283259
Tax % 13%20%19%16%29%24%24%25%23%25%25%24%21%
Net Profit -658279302375169230217195185206204214204
EPS in Rs -17.347.367.959.904.456.085.725.154.885.445.375.645.39

Last Updated: March 3, 2026, 11:22 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:30 am

MetricMar 2015Dec 2015n n 9mDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Sales 5,5704,0015,3206,4288,0327,9086,0506,7658,7539,2808,9649,406
Expenses 5,1283,6384,7895,6227,0316,9405,5485,8237,5817,8567,6138,044
Operating Profit 4423635318061,0019685029421,1721,4241,3511,362
OPM % 8%9%10%13%12%12%8%14%13%15%15%14%
Other Income -183-49222039285532-749409150109
Interest 12150595150525535231077827
Depreciation 238163232268287316306273296322331358
Profit before tax -1001012625077026281956661041,4031,0921,087
Tax % -22%24%35%29%29%44%45%41%231%20%24%24%
Net Profit -7877169358498354106393-1361,125828828
EPS in Rs -2.422.374.479.4713.159.332.8110.37-3.5929.6621.8121.83
Dividend Payout % 0%0%0%0%0%0%0%24%-70%17%32%32%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-2016
YoY Net Profit Growth (%)316.67%
Change in YoY Net Profit Growth (%)0.00%

CIE Automotive India Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2015-2016 to 2015-2016.

Growth

Compounded Sales Growth
10 Years:13%
5 Years:3%
3 Years:10%
TTM:-4%
Compounded Profit Growth
10 Years:29%
5 Years:18%
3 Years:28%
TTM:-3%
Stock Price CAGR
10 Years:4%
5 Years:24%
3 Years:13%
1 Year:-32%
Return on Equity
10 Years:9%
5 Years:9%
3 Years:11%
Last Year:13%

Last Updated: September 5, 2025, 2:56 pm

Balance Sheet

Last Updated: March 3, 2026, 12:44 am

MonthMar 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Equity Capital 323323378378379379379379379379379379
Reserves 1,5641,6832,8883,3373,9104,2554,5294,8184,7195,6096,1977,080
Borrowings 1,5491,0851,3921,1971,6131,4691,6481,487985855570426
Other Liabilities 1,5152,0522,1772,5872,5822,4602,8083,1373,8372,9092,6022,872
Total Liabilities 4,9515,1436,8357,4998,4848,5639,3649,8219,9209,7539,74910,757
Fixed Assets 3,1243,2934,5174,7504,9056,0446,7416,5875,5475,8105,8576,200
CWIP 1265697609654121251195466130
Investments 57673955681962344385768211,0381,459
Other Assets 1,6431,7272,1822,6342,8022,3702,3762,6713,6783,0682,7872,968
Total Assets 4,9515,1436,8357,4998,4848,5639,3649,8219,9209,7539,74910,757

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity + 3226803045127081,0275391,0511,1181,3838811,258
Cash from Investing Activity + -184-225-831-303-1,017-589-422-762-637-905-237-785
Cash from Financing Activity + -294-494575-236362-404-38-363-488-427-553-526
Net Cash Flow -155-3948-26533480-74-65191-53
Free Cash Flow 115479106212304613238573675871500885
CFO/OP 78%194%68%77%85%118%118%123%112%122%85%112%

Free Cash Flow

MonthDec 2015n n 9mDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Mar 2015
Free Cash Flow363.00530.00805.000.00967.00501.00941.00-984.00-854.00-569.00-425.00441.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Debtor Days 232835363434344336362526
Inventory Days 12698152142128123103131148938685
Days Payable 93149296260204169144190212163144124
Cash Conversion Cycle 56-24-109-82-42-12-7-16-28-35-32-13
Working Capital Days -35-9-73-48-20-18-31-44-45-34-38-2
ROCE %0%10%10%8%12%14%11%4%11%15%18%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 68.90%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%65.70%
FIIs 8.62%7.54%6.61%5.63%5.11%5.03%4.32%4.47%4.38%4.15%4.23%4.32%
DIIs 11.19%14.75%15.40%15.98%18.12%19.45%20.33%20.72%20.91%21.48%21.52%21.64%
Government 0.01%0.02%0.03%0.03%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%
Public 11.26%11.96%12.26%12.66%11.03%9.78%9.60%9.07%8.98%8.61%8.50%8.29%
No. of Shareholders 1,09,3321,13,7251,18,9201,36,3851,34,1851,24,0461,25,6481,26,3091,24,2381,21,2651,06,0891,03,202

Shareholding Pattern Chart

No. of Shareholders

CIE Automotive India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Flexi Cap Fund 10,000,000 0.47 471.65N/AN/AN/A
HDFC Small Cap Fund 9,578,101 1.21 451.75N/AN/AN/A
HDFC Focused Fund 7,100,000 1.23 334.87N/AN/AN/A
ICICI Prudential Multi Asset Fund 6,743,688 0.38 318.076,743,0672026-03-24 01:56:100.01%
Nippon India Small Cap Fund 4,966,784 0.35 234.266,966,7842025-11-02 18:14:38-28.71%
Nippon India Multi Cap Fund 3,612,327 0.34 170.384,313,5162026-03-23 06:26:26-16.26%
Axis Small Cap Fund 3,505,127 0.64 165.327,144,8612025-10-30 04:17:47-50.94%
ICICI Prudential Large & Mid Cap Fund 3,299,474 0.55 155.62N/AN/AN/A
Tata Small Cap Fund 3,232,701 1.42 152.47N/AN/AN/A
HDFC Multi Cap Fund 2,729,530 0.66 128.742,729,5302025-04-22 15:56:500%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthDec 24Dec 23Dec 22Dec 21Dec 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 21.8129.66-3.5910.362.80
Diluted EPS (Rs.) 21.8129.66-3.5910.362.80
Cash EPS (Rs.) 30.4638.164.1619.3810.89
Book Value[Excl.RevalReserv]/Share (Rs.) 173.36157.84134.42137.08129.50
Book Value[Incl.RevalReserv]/Share (Rs.) 173.36157.84134.42137.08129.50
Revenue From Operations / Share (Rs.) 236.29244.63230.77221.23159.63
PBDIT / Share (Rs.) 39.2839.7032.4328.3014.68
PBIT / Share (Rs.) 30.5731.2024.6219.256.60
PBT / Share (Rs.) 28.5228.3725.0217.515.15
Net Profit / Share (Rs.) 21.7429.67-3.6510.332.81
NP After MI And SOA / Share (Rs.) 21.8129.66-3.5910.362.81
PBDIT Margin (%) 16.6216.2214.0512.799.19
PBIT Margin (%) 12.9312.7510.678.704.13
PBT Margin (%) 12.0711.5910.847.913.22
Net Profit Margin (%) 9.2012.12-1.584.671.75
NP After MI And SOA Margin (%) 9.2312.12-1.554.681.75
Return on Networth / Equity (%) 12.5818.79-2.677.562.16
Return on Capital Employeed (%) 15.2817.7716.0710.703.69
Return On Assets (%) 8.4711.52-1.373.941.11
Long Term Debt / Equity (X) 0.060.010.020.120.19
Total Debt / Equity (X) 0.070.130.180.240.33
Asset Turnover Ratio (%) 0.910.940.880.440.31
Current Ratio (X) 1.581.010.950.910.90
Quick Ratio (X) 1.080.630.650.480.53
Inventory Turnover Ratio (X) 7.967.826.842.381.47
Dividend Payout Ratio (NP) (%) 22.928.42-69.600.000.00
Dividend Payout Ratio (CP) (%) 16.376.5559.250.000.00
Earning Retention Ratio (%) 77.0891.58169.600.000.00
Cash Earning Retention Ratio (%) 83.6393.4540.750.000.00
Interest Coverage Ratio (X) 19.2014.0354.1920.1710.16
Interest Coverage Ratio (Post Tax) (X) 11.548.4330.578.602.95
Enterprise Value (Cr.) 18028.6918419.3013879.6310030.957920.72
EV / Net Operating Revenue (X) 2.011.981.591.201.31
EV / EBITDA (X) 12.1012.2311.289.3514.23
MarketCap / Net Operating Revenue (X) 1.991.921.491.061.08
Retention Ratios (%) 77.0791.57169.600.000.00
Price / BV (X) 2.712.982.561.711.33
Price / Net Operating Revenue (X) 1.991.921.491.061.08
EarningsYield 0.040.06-0.010.040.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

CIE Automotive India Ltd. is a Public Limited Listed company incorporated on 13/08/1999 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L27100MH1999PLC121285 and registration number is 121285. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company's Total Operating Revenue is Rs. 4896.40 Cr. and Equity Capital is Rs. 379.36 Cr. for the Year ended 31/12/2025.
INDUSTRYADDRESSCONTACT
ForgingsSuite F9D, Grand Hyatt Plaza (Lobby Level), Mumbai Maharashtra 400055Contact not found
Management
NamePosition Held
Mr. Shriprakash ShuklaChairman & Non-Exe.Director
Mr. Ander Arenaza AlvarezGroup CEO & Executive Director
Mr. Manoj MenonExecutive Director & CEO
Mr. Anil HaridassNon Executive Director
Mrs. Roxana Meda InorizaIndependent Director
Mr. Alan Savio D�Silva PicardoIndependent Director
Mr. Jairaj PurandareIndependent Director
Dr. Nuria Gisbert TrejoIndependent Director

FAQ

What is the intrinsic value of CIE Automotive India Ltd and is it undervalued?

As of 05 April 2026, CIE Automotive India Ltd's intrinsic value is ₹320.73, which is 29.51% lower than the current market price of ₹455.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (11.7 %), book value (₹197), dividend yield (1.54 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of CIE Automotive India Ltd?

CIE Automotive India Ltd is trading at ₹455.00 as of 05 April 2026, with a FY2026-2027 high of ₹526 and low of ₹357. The stock is currently in the middle of its 52-week range. Market cap stands at ₹17,259 Cr..

How does CIE Automotive India Ltd's P/E ratio compare to its industry?

CIE Automotive India Ltd has a P/E ratio of 21.0, which is below the industry average of 63.21. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is CIE Automotive India Ltd financially healthy?

Key indicators for CIE Automotive India Ltd: ROCE of 14.7 % is moderate. Dividend yield is 1.54 %.

Is CIE Automotive India Ltd profitable and how is the profit trend?

CIE Automotive India Ltd reported a net profit of ₹828 Cr in Dec 2025 on revenue of ₹9,406 Cr. Compared to ₹-136 Cr in Dec 2022, the net profit shows an improving trend.

Does CIE Automotive India Ltd pay dividends?

CIE Automotive India Ltd has a dividend yield of 1.54 % at the current price of ₹455.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in CIE Automotive India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports