Unaudited Financial Results (Standalone and Consolidated) of the Company for the Quarter Ended on 31st March, 2026 along- with Limited Review Reports.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 23 Apr 2026, 07:00 PM IST · BSE ID: c1ef8436-7e8e-4195-9379-c0e700f819e1
View Original BSE Filing (PDF)
💡
In Simple Terms
Automotive parts company CIE Automotive India reported first-quarter profit of Rs. 2,337.25 Million, up 7% year-on-year, with revenue rising 14.5% to Rs. 13,319.61 Million.
🤖 AI Summary
- Standalone PAT Rs. 2,337.25 Million in Q1 FY26, up 7% YoY from Rs. 2,185.36 Million
- Revenue from operations Rs. 13,319.61 Million, growth 14.5% YoY over Rs. 11,634.45 Million
- Other income Rs. 1,096.91 Million includes Rs. 810.90 Million dividend from subsidiaries
- EPS Rs. 6.16 basic and diluted; final dividend approved at Rs. 7.00 per share for FY25
- Board approved merger of subsidiary CIE Aluminium Casting India Limited into parent, subject to regulatory approvals
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from Operations Q1 FY26
Rs. 13,319.61 Million
14.5%
Standalone PAT Q1 FY26
Rs. 2,337.25 Million
7.0%
Earnings Per Share (Basic & Diluted)
Rs. 6.16
6.9%
Final Dividend Approved for FY25
Rs. 7.00 per share
Other Income Q1 FY26
Rs. 1,096.91 Million
-8.0%
Profit Before Tax Q1 FY26
Rs. 2,868.00 Million
8.5%
Employee Benefit Expense Q1 FY26
Rs. 1,235.25 Million
5.7%
🏢 How This Affects the Company
Revenue growth of 14.5% YoY demonstrates operational momentum in Q1 FY26. The planned merger of subsidiary CIE Aluminium Casting India Limited will consolidate operations and simplify corporate structure pending regulatory clearances.
PAT margin improved to 16.2% in Q1 FY26 (Rs. 2,337.25 Million on revenue Rs. 13,319.61 Million) from 15.4% in Q1 FY25. Final dividend of Rs. 7.00 per share approved for FY25 reduces cash reserves. Total comprehensive income Rs. 2,346.67 Million reflects stable operational performance.
Employee benefit expense increased to Rs. 1,235.25 Million in Q1 FY26 from Rs. 1,168.90 Million in Q1 FY25, including incremental impact of Labour Code changes notified November 2025. Proposed subsidiary merger will streamline aluminium casting operations into parent entity.
Labour Code consolidation effective November 2025 created Rs. 103.57 Million incremental gratuity and long-term compensation provision. Company monitoring Central/State Rules finalization and awaits further Government clarifications on Labour Code implementation details.
👥 What This Means For Shareholders
✅
Action Required
Verify dividend record date and ex-dividend date for Rs. 7.00 per share final dividend approved for FY25 ending December 31, 2025.
👤
Who Is Affected
All equity shareholders on record date receive Rs. 7.00 per share (face value Rs. 10 each). Total paid-up capital Rs. 3,793.62 Million means dividend outlay approximately Rs. 265.55 Million.
🔍
Management Signal
Continued dividend distribution despite labour cost increases reflects confidence in cash generation. Subsidiary merger approval signals intent to optimize corporate structure and streamline operations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Regulatory approval status for CIE Aluminium Casting India Limited merger — watch for Reg 37 scheme completion filing
Q2 FY26 results disclosure — verify if revenue sustains above Rs. 12,700 Million and PAT margin remains 16%+
Final dividend payment date — check demat record and settlement for Rs. 7.00 per share payout on FY25
MEDIUM RISK
Labour Code compliance creating incremental costs (Rs. 103.57 Million in FY25); subsidiary merger pending regulatory approvals; monitoring needed on margin sustainability under wage pressures.
💡 Investor Takeaway
Q1 FY26 showed revenue growth 14.5% YoY to Rs. 13,319.61 Million and PAT 7% higher at Rs. 2,337.25 Million. Final dividend Rs. 7.00 per share approved for FY25. Subsidiary merger pending regulatory approval. Labour Code provisions created Rs. 103.57 Million incremental cost in FY25.
⚖️ Strengths & Concerns
✅ Positives
- Revenue growth 14.5% YoY to Rs. 13,319.61 Million demonstrates sustained operational demand and market traction
- PAT up 7% YoY to Rs. 2,337.25 Million with stable margins at 16.2%, showing operational efficiency
⚠️ Concerns
- Other income declined to Rs. 1,096.91 Million from Rs. 1,191.22 Million YoY despite higher dividend receipts
- Employee costs rose to Rs. 1,235.25 Million from Rs. 1,168.90 Million YoY including labour law compliance costs
📅 Company Track Record
CIE Automotive India Limited incorporated 1999 (CIN L27100PN1999PLC245720). Company operates subsidiaries including CIE Aluminium Casting India Limited. FY25 full-year revenue Rs. 48,964.02 Million with PAT Rs. 6,169.27 Million. Listed on BSE (532756) and NSE (CIEINDIA). Registered office Pune, Maharashtra.
Based on publicly available historical data. For context only.