| Sector |
Automobile & Ancillaries
|
Compare with Sector peers |
| Industry |
Forgings
|
Compare with Industry peers |
| Website | http://www.mahindracie.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 9,333.66 Cr. | |
| Earnings per share (EPS) | 8.41 | Trailing Twelve Months Ending 2021-06 |
| Price-Earning Ratio (PE) | 29.28 | Trailing Twelve Months Ending 2021-06 |
| Industry PE | - | Trailing Twelve Months Ending 2021-06 |
| Book Value / Share | 132.70 | Trailing Twelve Months Ending 2021-06 |
| Price to Book Value | 1.86 | Calculated using Price: 246.25 |
| Dividend Yield | 0.00 | Period Ending 2020-12 |
| No. of Shares Subscribed | 37.90 Cr. | 379,031,735 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
Mahindra CIE Automotive is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai. The company is a subsidiary of the CIE Automotive group of Spain; an industrial group specialised in supplying components and subassemblies for the automotive market, which has presence across the globe and is listed on the stock exchanges in Madrid and Bilbao. Business area of company Mahindra CIE is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including leading suppliers of components) in India and overseas. The company has manufacturing facilities in various locations across the country in India. The company has an established presence in each of these locations and supplies automotive components to its customers based there and exports products to customers based in other countries as well. Product range of the company Forging products: It is leader in the Indian forgings space, it makes forging products that range in weight from 500 grams to 45 kilograms, and measure up to a metre in length. In Europe, we are a leading supplier to the heavy truck industry, forging parts in excess of 100 kilograms. Its advanced facility in Chakan, Pune, supplies forged components to several companies in the automotive and non-automotive industries. Castings: Created in factories that are ISO/TS 16949-certified, its magnetic products are used in an array of commercial and industrial sectors. Its soft ferrite cores power day-to-day products such as induction cooktops to mobile chargers, while its ferrite impeder cores increase the efficiency of welding processes. Furthermore, it also lead the industry in magnetic induction lighting, a cost-effective and energy-efficient solution that is used in a variety of end-applications. Magnetic products: Mahindra’s magnetic products are used in an array of commercial and industrial sectors. Its soft ferrite cores power day-to-day products such as induction cooktops to mobile chargers, while its ferrite impeder cores increase the efficiency of welding processes. Furthermore, it also lead the industry in magnetic induction lighting, a cost-effective and energy-efficient technology in a variety of applications. Composites: An innovative replacement for conventional materials, its composites are non-corrosive, possess high mechanical strength, and provide a number of compelling benefits in automotive and medical applications. Stamping Products: With robotic automated presses and a new fully automated facility, it supply comprehensive body-and-chassis systems Business segments
Milestones
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Company Profile
Mahindra CIE Automotive is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai. The company is a subsidiary of the CIE Automotive group of Spain; an industrial group specialised in supplying components and subassemblies for the automotive market, which has presence across the globe and is listed on the stock exchanges in Madrid and Bilbao.
Business area of company
Mahindra CIE is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including leading suppliers of components) in India and overseas. The company has manufacturing facilities in various locations across the country in India. The company has an established presence in each of these locations and supplies automotive components to its customers based there and exports products to customers based in other countries as well.
Product range of the company
Forging products: It is leader in the Indian forgings space, it makes forging products that range in weight from 500 grams to 45 kilograms, and measure up to a metre in length. In Europe, we are a leading supplier to the heavy truck industry, forging parts in excess of 100 kilograms. Its advanced facility in Chakan, Pune, supplies forged components to several companies in the automotive and non-automotive industries.
Castings: Created in factories that are ISO/TS 16949-certified, its magnetic products are used in an array of commercial and industrial sectors. Its soft ferrite cores power day-to-day products such as induction cooktops to mobile chargers, while its ferrite impeder cores increase the efficiency of welding processes. Furthermore, it also lead the industry in magnetic induction lighting, a cost-effective and energy-efficient solution that is used in a variety of end-applications.
Magnetic products: Mahindra’s magnetic products are used in an array of commercial and industrial sectors. Its soft ferrite cores power day-to-day products such as induction cooktops to mobile chargers, while its ferrite impeder cores increase the efficiency of welding processes. Furthermore, it also lead the industry in magnetic induction lighting, a cost-effective and energy-efficient technology in a variety of applications.
Composites: An innovative replacement for conventional materials, its composites are non-corrosive, possess high mechanical strength, and provide a number of compelling benefits in automotive and medical applications.
Stamping Products: With robotic automated presses and a new fully automated facility, it supply comprehensive body-and-chassis systems
Business segments
Milestones
| 1 Day |
|
+0.89% |
| 1 Week |
|
-2.56% |
| 1 Month |
|
+6.18% |
| 3 Month |
|
+55.84% |
| 6 Month |
|
+47.82% |
| 1 Year |
|
+121.86% |
| 2 Year |
|
+25.12% |
| 5 Year |
|
+36.95% |
| 9 years | 2013-03 | 2014-03 | 2015-03 | 2015-12 | 2016-12 | 2017-12 | 2018-12 | 2019-12 | 2020-12 | |
| Return on Equity (%) | -14.12 | -11.65 | -6.17 | 3.95 | 6.42 | 10.29 | 12.47 | 7.94 | 2.23 | |
| Return on Capital Employed (%) | -4.44 | -0.48 | 0.87 | 4.63 | 8.28 | 11.73 | 13.96 | 11.33 | 3.95 | |
| Return on Assets (%) | -5.91 | -4.25 | -2.30 | 1.56 | 2.90 | 5.12 | 6.36 | 4.19 | 1.19 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2015-12 Rs. Cr. | 2016-12 Rs. Cr. | 2017-12 Rs. Cr. | 2018-12 Rs. Cr. | 2019-12 Rs. Cr. | 2020-12 Rs. Cr. |
| Shh. Funds | 754 | 656 | 1,887 | 2,007 | 3,266 | 3,716 | 4,289 | 4,634 | 4,908 | |
| Non Curr. Liab. | 375 | 445 | 1,567 | 946 | 1,164 | 1,272 | 1,431 | 1,331 | 1,712 | |
| Curr. Liab. | 757 | 850 | 1,384 | 2,048 | 2,238 | 2,348 | 2,607 | 2,598 | 2,744 | |
| Minority Int. | 16 | |||||||||
| Equity & Liab. | 1,887 | 1,951 | 4,853 | 5,000 | 6,668 | 7,336 | 8,328 | 8,563 | 9,364 | |
| Non Curr. Assets | 1,219 | 1,252 | 3,473 | 3,639 | 4,993 | 5,216 | 5,316 | 6,390 | 6,886 | |
| Curr. Assets | 668 | 699 | 1,381 | 1,362 | 1,676 | 2,120 | 3,011 | 2,173 | 2,478 | |
| Misc. Exp. not W/O | ||||||||||
| Total Assets | 1,887 | 1,951 | 4,853 | 5,000 | 6,668 | 7,336 | 8,328 | 8,563 | 9,364 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2015-12 Rs. Cr. | 2016-12 Rs. Cr. | 2017-12 Rs. Cr. | 2018-12 Rs. Cr. | 2019-12 Rs. Cr. | 2020-12 Rs. Cr. |
| Net Sales | 2,216 | 2,591 | 5,570 | 3,865 | 5,320 | 6,520 | 8,103 | 7,954 | 6,050 | |
| Other Income | 5 | 13 | 43 | 29 | 31 | 27 | 39 | 46 | 59 | |
| Total Income | 2,222 | 2,604 | 5,613 | 3,894 | 5,351 | 6,547 | 8,142 | 8,000 | 6,109 | |
| Total Expenditure | -2,175 | -2,482 | -5,128 | -3,502 | -4,789 | -5,706 | -7,097 | -6,998 | -5,553 | |
| PBIDT | 47 | 122 | 485 | 392 | 563 | 841 | 1,045 | 1,002 | 556 | |
| Interest | -49 | -63 | -121 | -50 | -59 | -55 | -53 | -53 | -55 | |
| Depreciation | -110 | -120 | -238 | -163 | -233 | -273 | -290 | -317 | -306 | |
| Taxation | 0 | -12 | 22 | -24 | -93 | -148 | -204 | -274 | -89 | |
| Exceptional Items | -1 | -8 | -226 | -78 | -9 | -7 | -5 | |||
| PAT | -114 | -81 | -78 | 77 | 169 | 358 | 498 | 354 | 106 |
| Particulars | 9 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2015-12 Rs. Cr. | 2016-12 Rs. Cr. | 2017-12 Rs. Cr. | 2018-12 Rs. Cr. | 2019-12 Rs. Cr. | 2020-12 Rs. Cr. |
| Cash Fr. Operatn. | 102 | 211 | 322 | 680 | 304 | 512 | 708 | 1,027 | 539 | |
| Cash Fr. Inv. | -102 | -88 | -184 | -225 | -831 | -308 | -1,019 | -590 | -429 | |
| Cash Fr. Finan. | 19 | -116 | -294 | -494 | 575 | -236 | 362 | -404 | -38 | |
| Net Change | 19 | 7 | -155 | -39 | 48 | -32 | 51 | 33 | 72 | |
| Cash & Cash Eqvt | 37 | 44 | 89 | 50 | 98 | 72 | 125 | 159 | 239 |
|
Wed, 21 Jul 2021
Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half-Year Ended On 30Th June 2021 Along-With Limited Review Report By Statutory Auditors Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and half-year ended 30th June 2021 duly approved by the Board of Directors at their meeting held today i.e. 21st July 2021 along-with Limited Review Report of the Statutory Auditors. The meeting commenced at 3:45 pm. and concluded at 6.00 p.m. Kindly acknowledge the receipt and take the same on the records. |
|
Wed, 21 Jul 2021
Intimation Of Proposed Formation Of Wholly Owned Subsidiary Company We wish to inform you that the Board at its meeting held today i.e. 21st July 2021 has accorded its approval to incorporate a new company as wholly owned subsidiary of the Company (New Co) in the name and style of CIE Hosur Limited (New Entity) or such other name as may be approved by the Registrar of Companies. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 are annexed herewith. |
|
Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Change in Management The Board of Directors of the Company at its meeting held today i.e. 21st July 2021 on the recommendation of the Nomination and Remuneration Committee appointed Mr. Anil Haridass as the Chief Executive Officer - Forgings Division of the Company with effect from 1st September 2021. Mr. Anil Haridass is a Whole-time Director and a Key Managerial Personnel of the Company in accordance with Section 203 of the Companies Act 2013. Mr. Anil Haridass 63 has more than thirty-nine years of experience in the automotive segment with setting up Bill Forge Private Limited (Bill Forge) in 1982. Mr. Haridass has also been actively involved with bodies such as the Automotive Component Manufacturers Association of India Association of Indian Forging Industry and the International Cold Forging Group. He is a graduate in Metallurgical Engineering from PSG College of Technology University of Madras. Kindly acknowledge the receipt and take the same on the records. |
| Fri, 23 Jul 2021 |
Stock Outperforming Sectoral Index in both 1 Week and 3 Month
|
Strongly Outperforming Benchmark Index
|
Increasing Relative Strength - Benchmark index
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Strongly Outperforming Sectoral Index
|
Increasing Relative Strength - Sectoral Index
|
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