Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,279 | 2,240 | 2,427 | 2,293 | 2,135 | 2,110 | 2,273 | 2,369 | 2,372 | 2,393 | 2,612 | 2,621 |
| Expenses | 1,934 | 1,913 | 2,066 | 1,933 | 1,804 | 1,811 | 1,937 | 2,032 | 2,016 | 2,058 | 2,210 | 2,231 |
| Operating Profit | 345 | 327 | 361 | 360 | 331 | 299 | 335 | 337 | 356 | 335 | 402 | 390 |
| OPM % | 15% | 15% | 15% | 16% | 15% | 14% | 15% | 14% | 15% | 14% | 15% | 15% |
| Other Income | 209 | 18 | 52 | 32 | 27 | 40 | 37 | 23 | 20 | 28 | 31 | 31 |
| Interest | 31 | 30 | 22 | 21 | 17 | 18 | 13 | 2 | 4 | 9 | 9 | 10 |
| Depreciation | 78 | 78 | 86 | 84 | 80 | 81 | 86 | 87 | 89 | 96 | 94 | 97 |
| Profit before tax | 445 | 237 | 304 | 287 | 260 | 240 | 273 | 271 | 283 | 259 | 329 | 313 |
| Tax % | 16% | 29% | 24% | 24% | 25% | 23% | 25% | 25% | 24% | 21% | 24% | 25% |
| Net Profit | 375 | 169 | 230 | 217 | 195 | 185 | 206 | 204 | 214 | 204 | 249 | 236 |
| EPS in Rs | 9.90 | 4.45 | 6.08 | 5.72 | 5.15 | 4.88 | 5.44 | 5.37 | 5.64 | 5.39 | 6.57 | 6.21 |
| Dec 2015 9m | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,001 | 5,320 | 6,428 | 8,032 | 7,908 | 6,050 | 6,765 | 8,753 | 9,280 | 8,964 | 9,406 | 9,997 |
| Expenses | 3,638 | 4,789 | 5,622 | 7,031 | 6,940 | 5,548 | 5,823 | 7,581 | 7,856 | 7,613 | 8,044 | 8,516 |
| Operating Profit | 363 | 531 | 806 | 1,001 | 968 | 502 | 942 | 1,172 | 1,424 | 1,351 | 1,362 | 1,482 |
| OPM % | 9% | 10% | 13% | 12% | 12% | 8% | 14% | 13% | 15% | 15% | 14% | 15% |
| Other Income | -49 | 22 | 20 | 39 | 28 | 55 | 32 | -749 | 409 | 150 | 109 | 110 |
| Interest | 50 | 59 | 51 | 50 | 52 | 55 | 35 | 23 | 107 | 78 | 27 | 32 |
| Depreciation | 163 | 232 | 268 | 287 | 316 | 306 | 273 | 296 | 322 | 331 | 358 | 376 |
| Profit before tax | 101 | 262 | 507 | 702 | 628 | 195 | 666 | 104 | 1,403 | 1,092 | 1,087 | 1,184 |
| Tax % | 24% | 35% | 29% | 29% | 44% | 45% | 41% | 231% | 20% | 24% | 24% | |
| Net Profit | 77 | 169 | 358 | 498 | 354 | 106 | 393 | -136 | 1,125 | 828 | 828 | 903 |
| EPS in Rs | 2.37 | 4.47 | 9.47 | 13.15 | 9.33 | 2.81 | 10.37 | -3.59 | 29.66 | 21.81 | 21.83 | 23.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 24% | -70% | 17% | 32% | 32% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 9% | 9% | 2% | 13% | ||
| Compounded Profit Growth | 21% | 54% | 127% | 15% | ||
| Stock Price CAGR | 7% | 9% | -8% | -7% | ||
| Return on Equity | 9% | 11% | 15% | 12% |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 323 | 378 | 378 | 379 | 379 | 379 | 379 | 379 | 379 | 379 | 379 | 379 |
| Reserves | 1,683 | 2,888 | 3,337 | 3,910 | 4,255 | 4,529 | 4,818 | 4,719 | 5,609 | 6,197 | 7,080 | 7,364 |
| Borrowings | 1,085 | 1,392 | 1,197 | 1,613 | 1,469 | 1,648 | 1,487 | 985 | 855 | 570 | 426 | 513 |
| Other Liabilities | 2,052 | 2,177 | 2,587 | 2,582 | 2,460 | 2,808 | 3,137 | 3,837 | 2,909 | 2,602 | 2,850 | 3,055 |
| Total Liabilities | 5,143 | 6,835 | 7,499 | 8,484 | 8,563 | 9,364 | 9,821 | 9,920 | 9,753 | 9,749 | 10,736 | 11,313 |
| Fixed Assets | 3,293 | 4,517 | 4,750 | 4,905 | 6,044 | 6,741 | 6,587 | 5,547 | 5,810 | 5,857 | 6,200 | 6,257 |
| CWIP | 56 | 97 | 60 | 96 | 54 | 12 | 125 | 119 | 54 | 66 | 130 | 167 |
| Investments | 67 | 39 | 55 | 681 | 96 | 234 | 438 | 576 | 821 | 1,038 | 1,459 | 771 |
| Other Assets | 1,727 | 2,182 | 2,634 | 2,802 | 2,370 | 2,376 | 2,671 | 3,678 | 3,068 | 2,787 | 2,947 | 4,118 |
| Total Assets | 5,143 | 6,835 | 7,499 | 8,484 | 8,563 | 9,364 | 9,821 | 9,920 | 9,753 | 9,749 | 10,736 | 11,313 |
| Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 322 | 680 | 304 | 512 | 708 | 1,027 | 539 | 1,051 | 1,118 | 1,383 | 881 | 1,258 |
| Cash from Investing Activity | -184 | -225 | -831 | -303 | -1,017 | -589 | -422 | -762 | -637 | -905 | -237 | -802 |
| Cash from Financing Activity | -294 | -494 | 575 | -236 | 362 | -404 | -38 | -363 | -488 | -427 | -553 | -526 |
| Net Cash Flow | -155 | -39 | 48 | -26 | 53 | 34 | 80 | -74 | -6 | 51 | 91 | -70 |
| Free Cash Flow | 115 | 479 | 106 | 212 | 304 | 613 | 238 | 573 | 675 | 871 | 500 | 885 |
| CFO/OP | 78% | 194% | 68% | 77% | 85% | 118% | 118% | 123% | 112% | 122% | 85% | 112% |
| Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28 | 35 | 36 | 34 | 34 | 34 | 43 | 36 | 36 | 25 | 26 | 24 |
| Inventory Days | 98 | 152 | 142 | 128 | 123 | 103 | 131 | 148 | 93 | 86 | 85 | 86 |
| Days Payable | 149 | 296 | 260 | 204 | 169 | 144 | 190 | 212 | 163 | 144 | 124 | 143 |
| Cash Conversion Cycle | -24 | -109 | -82 | -42 | -12 | -7 | -16 | -28 | -35 | -32 | -13 | -33 |
| Working Capital Days | -9 | -73 | -48 | -20 | -18 | -31 | -44 | -45 | -34 | -38 | -2 | -16 |
| ROCE % | 10% | 10% | 8% | 12% | 14% | 11% | 4% | 11% | 15% | 18% | 17% | 15% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% | 65.70% |
| FIIs | 6.61% | 5.63% | 5.11% | 5.03% | 4.32% | 4.47% | 4.38% | 4.15% | 4.23% | 4.32% | 4.73% | 4.95% |
| DIIs | 15.40% | 15.98% | 18.12% | 19.45% | 20.33% | 20.72% | 20.91% | 21.48% | 21.52% | 21.64% | 21.32% | 20.65% |
| Government | 0.03% | 0.03% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.05% | 0.05% |
| Public | 12.26% | 12.66% | 11.03% | 9.78% | 9.60% | 9.07% | 8.98% | 8.61% | 8.50% | 8.29% | 8.20% | 8.65% |
| No. of Shareholders | 1,18,920 | 1,36,385 | 1,34,185 | 1,24,046 | 1,25,648 | 1,26,309 | 1,24,238 | 1,21,265 | 1,06,089 | 1,03,202 | 1,00,114 | 1,10,555 |
Fundamentals
Market Cap₹ 14,281 Cr.
Current Price₹ 376
Stock P/E15.9
Book Value₹ 204
ROCE14.7 %
ROE11.8 %
Dividend Yield1.86 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)15%
Consolidated figures.
Valuation
Market capRs 14,277 Cr
Enterprise valueRs 14,449 Cr
P/E (TTM)15.81x
Price to book1.91x
Price to sales1.43x
EV / EBITDA9.08x
EV / EBIT11.88x
EV / sales1.45x
Price to cash flow11.35x
Earnings yield6.33%
Dividend yield1.86%
P/E, 3-year average18.97x
P/B, 3-year average2.62x
P/E, 5-year average19.87x
P/B, 5-year average2.42x
Profitability
Operating margin (excl. other income)14.48%
Operating margin (incl. other income)15.64%
EBITDA margin15.92%
Pre-tax margin11.85%
Net profit margin9.03%
Net margin, latest quarter8.99%
ROE11.80%
ROCE14.81%
ROA8.09%
ROE, 3-year average15.09%
ROCE, 3-year average18.30%
ROA, 3-year average9.34%
ROE, 5-year average10.08%
ROCE, 5-year average13.49%
ROA, 5-year average6.15%
ROIC (approx.)12.14%
Tax rate23.79%
Other income / net worth1.46%
Growth
Sales growth (latest year)4.94%
Profit growth (latest year)0.08%
Sales CAGR, 3 years2.43%
Sales CAGR, 5 years9.23%
Profit CAGR, 5 years50.74%
Sales growth QoQ0.33%
Profit growth QoQ-5.51%
Sales growth YoY (latest quarter)10.62%
Profit growth YoY (latest quarter)15.77%
Per share
EPS (TTM)Rs 23.81
EPS (latest year)Rs 21.83
EPS (latest quarter)Rs 6.21
EPS, 3-year averageRs 24.43
EPS, 5-year averageRs 16.02
Book value per shareRs 196.62
Sales per shareRs 263.53
Cash flow per shareRs 33.16
Free cash flow per shareRs 23.33
Dividend per share (latest year)Rs 7.00
Dividend per share, 3-year averageRs 6.33
Dividend per share, 5-year averageRs 4.80
Dividends
Dividend payout32.06%
Dividend payout, 3-year average27.00%
Dividend payout, 5-year average26.28%
Efficiency
Asset turnover0.88x
Fixed asset turnover1.52x
Inventory turnover5.74x
Inventory days64 days
Debtor days24 days
Debtors turnover15.44x
Creditor days143 days
Cash conversion cycle-33 days
Working capital days-16 days
Leverage
Total debtRs 426 Cr
Cash and bankRs 254 Cr
Net debtRs 172 Cr
Debt to equity0.06x
Net debt / EBITDA0.11x
Interest coverage38.49x
Current ratio (filing 2026-06-30)1.38x
Quick ratio (filing 2026-06-30)0.95x
Trade payables (filing 2026-06-30)Rs 2,002 Cr
Owners' fund to total sources69.48%
Debt to assets3.97%
Cash flow
Cash from Operating Activity (latest year)Rs 1,258 Cr
Cash from Investing Activity (latest year)Rs -802 Cr
Cash from Financing Activity (latest year)Rs -526 Cr
Net Cash Flow (latest year)Rs -70 Cr
Free cash flow (latest year)Rs 885 Cr
FCFE (approx.: FCF + change in debt)Rs 741 Cr
Cash from ops / profit, 5 years1.87x
Sales to cash flow7.48x
Statement figures
Net sales (TTM)Rs 9,997 Cr
Net sales (latest year)Rs 9,406 Cr
Sales (latest quarter)Rs 2,621 Cr
Operating profit excl. other income (latest year)Rs 1,362 Cr
Operating profit (latest quarter)Rs 390 Cr
Other income (TTM)Rs 110 Cr
EBITDA (TTM)Rs 1,592 Cr
PBDT (TTM)Rs 1,560 Cr
Profit before tax (TTM)Rs 1,184 Cr
Tax (latest year)Rs 258 Cr
Net profit (TTM)Rs 903 Cr
Net profit (latest year)Rs 828 Cr
Net profit (latest quarter)Rs 236 Cr
Depreciation (TTM)Rs 376 Cr
Depreciation (latest quarter)Rs 97 Cr
Interest (TTM)Rs 32 Cr
Cost of goods sold (latest year)Rs 6,488 Cr
Total expenditure (latest year)Rs 8,044 Cr
Total income (latest year)Rs 9,515 Cr
Share capitalRs 379 Cr
ReservesRs 7,080 Cr
Shareholders' fundsRs 7,459 Cr
Total assetsRs 10,736 Cr
Net blockRs 6,200 Cr
Capital work in progressRs 130 Cr
InvestmentsRs 1,459 Cr
ReceivablesRs 609 Cr
InventoryRs 1,130 Cr
Other liabilitiesRs 2,850 Cr
Shares outstanding (crore)37.94
Ownership
Promoter holding65.70% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 15.8 is at the 17th percentile of its own 8.7-year range
(median 19.9, low 7.4, high 96.0).
P/B 1.91 is at the 29th percentile (median 2.34).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | CIEINDIA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.2% | -2.8% | -0.5 pts |
| 1 month | -3.7% | -6.8% | +3.1 pts |
| 3 months | -20.1% | -7.6% | -12.5 pts |
| 6 months | -15.4% | +0.4% | -15.8 pts |
| 1 year | -12.5% | -9.9% | -2.6 pts |
| 2 years | -36.3% | -13.6% | -22.7 pts |
| 3 years | -21.7% | +14.2% | -35.9 pts |
| 5 years | +56.9% | +27.9% | +29.0 pts |
73 mutual fund schemes hold about ₹3,160 Cr.
Over three months 20 bought more and 8 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| HDFC Small Cap Fund | 1.01% | 424 | +3% |
| HDFC Flexi Cap Fund | 0.34% | 391 | +0% |
| HDFC Mid Cap Fund | 0.26% | 282 | +100% |
| ICICI Pru Multi Asset Allocation Fund | 0.30% | 263 | +7% |
| Parag Parikh Flexi Cap Fund | 0.16% | 231 | +1295% |
| Nippon India Small Cap Fund | 0.23% | 194 | +1% |
| Axis Small Cap Fund | 0.44% | 137 | -0% |
| Tata Small Cap Fund | 0.96% | 126 | +2% |
| ICICI Pru Large & Mid Cap Fund | 0.34% | 113 | -1% |
| HDFC Manufacturing Fund | 0.88% | 93 | +3% |
| ICICI Pru India Opp Fund | 0.23% | 89 | +4% |
| ICICI Pru Multi Cap Fund | 0.39% | 77 | -0% |
| ICICI Pru Multi Cap Fund | 0.39% | 74 | -0% |
| HDFC Aggressive Hybrid Fund | 0.32% | 71 | +7% |
| ICICI Pru Small Cap Fund | 0.68% | 67 | +31% |
| ICICI Pru Small Cap Fund | 0.68% | 65 | +31% |
| ICICI Pru Infrastructure Fund | 0.74% | 63 | +7% |
| HDFC Large & Mid Cap Fund | 0.21% | 63 | +3% |
| HDFC Children's Fund(Lock in) | 0.47% | 50 | +5% |
| ICICI Pru MNC Fund | 2.25% | 41 | +4% |
| UTI MNC Fund | 1.42% | 40 | +4% |
| DSP Multi Asset Allocation Fund | 0.36% | 39 | -2% |
| HDFC Transportation and Logistics Fund | 1.53% | 32 | -9% |
| UTI Transportation & Logistics Fund | 0.64% | 28 | -2% |
| iSIF Equity Ex-Top 100 Long-Short Fund | 0.49% | 12 | +104% |
Red flags
F-score 5 of 8| look | Auditor change Auditor change 2026-02-19: CIE Automotive India Limited has informed the Exchange regarding Change in Auditors of the company. |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2026-09-17 | ICICI Prudential Mutual Fund | Acquirer | buy | 63,542 | SAST Open Market |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Sales ₹2,621 Cr +10.6% vs Jun 2025.
Net profit ₹236 Cr +15.7%.
Activity
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|---|---|---|---|
| Samvardhana Motherson International Ltd | 167,351 | 36.6 | 13.4 % |
| Bosch Ltd | 134,797 | 57.0 | 21.5 % |
| Bharat Forge Ltd | 94,900 | 94.0 | 12.6 % |
| Uno Minda Ltd | 67,102 | 54.9 | 19.6 % |
| Schaeffler India Ltd | 61,271 | 47.5 | 27.9 % |
| Sona BLW Precision Forgings Ltd | 50,907 | 65.5 | 15.1 % |
| Tube Investments of India Ltd | 46,709 | 74.5 | 17.1 % |
| Endurance Technologies Ltd | 37,343 | 37.9 | 17.8 % |
| Exide Industries Ltd | 34,595 | 36.9 | 8.54 % |
| Dhoot Transmission Ltd | 30,776 | 68.7 | 24.4 % |
| Craftsman Automation Ltd | 27,475 | 58.7 | 13.9 % |
| Sansera Engineering Ltd | 27,228 | 78.1 | 13.7 % |
| ZF Commercial Vehicle Control System India Ltd | 26,150 | 53.2 | 19.1 % |
| Asahi India Glass Ltd | 24,421 | 54.7 | 11.5 % |
| Sundram Fasteners Ltd | 24,022 | 38.7 | 17.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-04-22 | Dividend - Rs 7 Per Share | |
| 2025-04-23 | Annual General Meeting/Dividend - Rs 7 Per Share | |
| 2024-06-13 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2023-06-02 | Annual General Meeting/Dividend - Rs 2.50 Per Share | |
| 2022-04-13 | Annual General Meeting/Dividend - Rs 2.50 Per Share | |
| 2021-04-20 | Annual General Meeting | |
| 2020-06-17 | Annual General Meeting | |
| 2019-04-25 | Annual General Meeting | |
| 2018-04-11 | Annual General Meeting | |
| 2017-04-19 | Annual General Meeting | |
| 2016-05-09 | Annual General Meeting | |
| 2015-09-07 | Annual General Meeting | |
| 2014-09-18 | Annual General Meeting | |
| 2013-07-11 | Annual General Meeting | |
| 2012-07-19 | Annual General Meeting | |
| 2011-07-21 | Annual General Meeting | |
| 2010-07-12 | Annual General Meeting | |
| 2009-07-17 | Annual General Meeting | |
| 2008-07-17 | Annual General Meeting |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.