Archive · 23 Jul 2026
CIE Automotive Shares Drop 12% After Q1 Results
CIE Automotive India Ltd's shares dropped by 12.11% after they released their Q1 results.
The company made more profit than last year, but not as much as some experts thought they would.
Their total income went up by 11%, mostly because their Indian business did well and they got some benefits from changes in currency values in Europe.
However, their profit margins were a bit lower than expected, partly because of higher costs for energy, gas, and materials due to conflicts in West Asia.
The company also had good cash flow, which is a positive sign.
CIE Automotive India Ltd shares dropped 12.11% to Rs 415.05 after Q1 results.
Adjusted profit after tax rose 15.5% year-on-year to Rs 230 crore but missed estimates.
Consolidated revenue grew 11% year-on-year to Rs 2,620 crore, led by India business growth and currency benefits in Europe.
EBITDA margin was 14.9%, below the estimate of 15.1% and down 50 bps quarter-on-quarter.
India business revenue increased 12.4% year-on-year to Rs 1,700 crore, with margins impacted by cost inflation.
- Who
- CIE Automotive India Ltd
- What
- Shares dropped 12.11% after Q1 results
- When
- Thursday's trade
- Where
- India
- Why
- Adjusted profit after tax rose 15.5% year-on-year but missed estimates
Market Reaction
Financial Performance
Stock Performance
Market Reaction
Shares of CIE Automotive India Ltd tumbled 12.11% to hit a low of Rs 415.05.
Financial Performance
The company's adjusted profit after tax rose 15.5% year-on-year to Rs 230 crore.
Revenue Growth
Market Reaction
Consolidated revenue grew 11% year-on-year to Rs 2,620 crore.
Financial Performance
Revenue growth was led by ~12% growth in the India business and currency translation benefits in the Europe business.
Profitability
Market Reaction
EBITDA margin came in at 14.9%, below the estimate of 15.1% and down 50 bps quarter-on-quarter.
Financial Performance
Margins expanded 300 bps year-on-year to 14.6% in Europe due to restructuring benefits.
- Company
- CIE Automotive India Ltd
- Stock Price Drop
- 12.11%
- Adjusted PAT Growth
- 15.5% year-on-year
- Consolidated Revenue
- Rs 2,620 crore
- EBITDA Margin
- 14.9%
- India Revenue Growth
- 12.4% year-on-year
- Europe Revenue Growth
- 7.4% year-on-year
- Cash Flow from Operations (H1 CY26)
- Rs 620 crore