CIE Automotive , a prominent player in the automotive components sector, recently held a significant investor meeting in Mumbai, organized by JM Financial. The event saw participation from several major investors, including ChrysCapital, JP Morgan, Shriram MF, and others, highlighting the company's commitment to transparent communication with its stakeholders.

Key Highlights of the Investor Meeting

The meeting served as a platform for CIE Automotive to engage with its investors and provide clarity on recent financial results and company strategies. Here are the main points from the event:

1. Participants: The meeting attracted a diverse group of investors, including representatives from ChrysCapital, JM Financial PMS, Karma Capital, Shriram MF, Subhkam Ventures, JP Morgan, Guardian Capital Partners, First Water Capital Advisers, and Bandhan Life.

2. Company Representatives: CIE Automotive was represented by K Jayaparakash, Chief Financial Officer, and Vikas Sinha, Sr. Vice President, Strategy & Chief Investment Relations Officer.

3. Discussion Focus: The discussions primarily revolved around clarifications and questions regarding the company's Q3 and 9M Investor Presentation and the Q3 Results Conference Call Transcript, both of which are available on the company's website.

4. Transparency: In line with regulatory requirements, CIE Automotive confirmed that no Unpublished Price Sensitive Information (UPSI) was shared during the meeting, maintaining transparency and compliance with SEBI regulations.

Meeting Details

To provide a clear overview of the investor meeting, here's a summary of the key details:

This investor meeting underscores CIE Automotive's dedication to maintaining open lines of communication with its investors and the financial community at large. By providing a forum for direct interaction and clarification, the company demonstrates its commitment to transparency and shareholder engagement.

CIE Automotive , a leading auto components manufacturer, has reported its highest-ever quarterly sales in Q3 CY2025, demonstrating resilience in the face of market challenges. The company's performance reflects a mix of strong domestic growth and a complex European market scenario.

Record-Breaking Indian Operations

CIE Automotive's Indian operations achieved a milestone with record quarterly sales of INR 15,232.00 million in Q3 CY2025. This represents a robust year-on-year growth of 9% and a sequential growth of 4.5% compared to the previous quarter. The company's performance outpaced the weighted average market growth, showcasing its strong market position.

Market Dynamics and Segment Performance

The Indian automotive market showed varied growth across segments:

CIE Automotive's revenue mix in the Indian market is diversified across these segments:

Profitability and Challenges

Despite the strong sales performance, the company faced some profitability challenges. The EBITDA margin in India for Q3 CY2025 stood at 17.30%, which was lower both year-on-year and sequentially. This decline was primarily attributed to energy tariff increases in Maharashtra, where many of the company's plants are located.

European Operations: Navigating Complexities

CIE Automotive's European operations, including its Mexican business, reported sales of INR 7,866.00 million, marking an 18% year-on-year growth. However, this growth includes a positive exchange rate effect of 11%. The European market remains challenging, with light vehicle production showing only a nominal growth of 0.30% in Q3 CY2025.

Consolidated Performance

On a consolidated basis, CIE Automotive reported:

Future Outlook and Challenges

The company faces a mixed outlook:

• Indian Market: Potential benefits from GST structure optimization could improve the three-year growth CAGR by 2.5-3%.
• US Tariffs: Pose challenges with 25% tariffs on light vehicle components and 50% on trucks and tractors.
• European Market: Remains challenging due to stagnating EV penetration and increasing competition from Chinese imports.

Management Commentary

Ander Arenaza Alvarez, CEO of CIE Automotive, commented on the European market situation: "The environment in Europe is quite pessimistic due to the slower-than-expected growth in electric vehicle penetration. We anticipate a transitionary period over the next 3-5 years where both battery electric vehicles and combustion engines will coexist in the market."

CIE Automotive continues to focus on innovation and cost control to navigate the complex global automotive landscape. The company's strong performance in India, coupled with strategic measures in Europe, positions it to tackle future challenges in the evolving automotive sector.