CIE Automotive India Limited (CIEINDIA) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of CIE Automotive India Limited ₹372, price ₹391, upside -4.9%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹157.59 – ₹600.15 · fair‑value band ₹225.82 – ₹534.19 · the ₹390.80 price screens above the ₹371.68 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 27, 2026.
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CIE Automotive India Limited produces and sells automotive components to original equipment manufacturers and other customers in India, Europe, and internationally.
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CIE Automotive India Limited produces and sells automotive components to original equipment manufacturers and other customers in India, Europe, and internationally. It offers forgings, such as crankshafts, CV joints, knuckles, diff Casw, and spindles; gears, including gears and shafts, e-drive components, flanges/end yokes, and clutch hubs; composites comprising front lid, wind shield-electric-3WH, electric box top tray, and front bumper; and crankcase, pump housing, and brake panel aluminum products. The company also provides iron castings, such as differential, turbine, and axle housings, as well as gear carriers; hard and soft magnets; and stampings, including chassis and structural parts, BIW panels and assemblies, cross car beam, safety assemblies, and fuel tanks. In addition, it offers stub axle as forged and machined, steering shaft, wheel hubs, steering yokes, constant velocity joints, steel metal stamping, components and assemblies; turbo chargers housing; axle and transmission parts; and engine gear, timing gear, and drive shafts. The company's products are used in cars, utility vehicles, light commercial vehicles, tractors, medium and heavy commercial vehicles, off road vehicles, and two-wheelers. The company was formerly known as Mahindra CIE Automotive Limited and changed its name to CIE Automotive India Limited in June 2023. The company was incorporated in 1999 and is based in Pune, India. CIE Automotive India Limited is a subsidiary of Participaciones Internacionales Autometal, Dos S.L.
Stock analysis
CIE Automotive India Limited (CIEINDIA) currently trades at ₹390.80, while our model-based Fair Value estimate is ₹371.68, so the stock looks roughly fairly valued today (gap 5.1%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹435.05 per share, and 12 of the 26 models we run sit above the ₹390.80 price.
Bear case: the Dividend Discount group reads lowest at ₹89.14, and 14 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹225.82 (bear) to ₹534.19 (bull), the price of ₹390.80 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
CIE Automotive India Limited reported revenue of ₹94.1B in FY2025 versus ₹67.7B in FY2021, a compound +8.6%/yr. Reported net income was ₹8.3B in FY2025, compounding +20.5%/yr from FY2021.
Key figures
Market cap ₹180B (≈ $1.9B) · P/E ratio 17.1 · P/S ratio 1.51 · EPS (TTM) ₹22.81 · Dividend yield 1.5% · Net margin 8.8% · Return on equity 11.7% · Return on assets (EBIT) 25.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (medium confidence).
What moves the price
The share trades about 20% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −32% fair-value upside, at −5%, CIEINDIA screens cheaper than that median.
Fair Value models
Bear ₹225.82Fair Value ₹371.68Bull ₹534.19
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (₹16.87 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.79/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.2%
Start year 2020 (pandemic). Over 10 years: +6.1% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.3%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+20.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+18.5%
Dividend (yield on the price)1.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.18.5% vs 15.3%, picking up
Profit margin 2005 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 11%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +9.2% a year for the price and +3.1% for the forecasts.
Compare CIE Automotive India Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Auto Parts · 679 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score62 · Top 25%
Fair Value upside−4.9% · Above median
Profitability
Return on equity (TTM)11.7% · Above median
Return on assets6.7% · Top 25%
Net margin (TTM)5.7% · Above median
Operating margin (TTM)11.8% · Top 25%
Growth and dividend
Revenue growth14.9% · Top 25%
Dividend yield (TTM)1.5% · Below median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Auto Parts median · lower = cheaper
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Cite: Fair Value Calculator (2026). "CIE Automotive India Limited Fair Value". https://www.fairvalue-calculator.com/stock/CIEINDIA
Frequently asked questions
Is CIE Automotive India Limited (CIEINDIA) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹371.68 versus a price of ₹390.80, about −5% upside (fairly valued).
What is the fair value of CIEINDIA?
Our model-based fair value for CIE Automotive India Limited is ₹371.68 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹390.80.
What is the quality score of CIEINDIA?
CIE Automotive India Limited has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for CIE Automotive India Limited (CIEINDIA)?
Our model-based price target is the fair value of ₹371.68 (as of Sep 27, 2026) from 26 valuation models. Cautious scenario ₹225.82, optimistic scenario ₹534.19. It is a calculation from audited fundamentals, not an analyst target.
What is the CIE Automotive India Limited stock forecast for 2026?
Our models put fair value at ₹371.68, about −5% upside versus a price of ₹390.80 (fairly valued). Cautious scenario ₹225.82, optimistic scenario ₹534.19. The calculation is refreshed regularly with new filings.
What is the revenue of CIE Automotive India Limited (CIEINDIA)?
CIE Automotive India Limited reported trailing-twelve-month revenue of about ₹66.4B (latest available figure, as of Sep 27, 2026).
Does CIE Automotive India Limited pay a dividend?
CIE Automotive India Limited currently shows a dividend yield of about 1.47% relative to its recent price (as of Sep 27, 2026).
What growth is priced into CIE Automotive India Limited (CIEINDIA)?
For today's price to be fair in a discounted-cash-flow model, CIE Automotive India Limited would have to grow free cash flow by +13.7 % per year for five years (discount rate 13.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.2 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of CIEINDIA use?
Our models discount CIE Automotive India Limited at 13.9 %: a base by market capitalisation (small), country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For CIE Automotive India Limited that is +13.7 % per year a year over ten years, using the same discount rate (13.9 %) and the same formula as our fair value.
How much growth has CIE Automotive India Limited (CIEINDIA) delivered so far?
Over the past 5 years revenue at CIE Automotive India Limited grew +9.2 % a year. The price currently implies +13.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of CIE Automotive India Limited (CIEINDIA) growing?
The median revenue growth in the sector is +2.3 % a year. That is the yardstick for the growth priced into CIE Automotive India Limited (+13.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of CIE Automotive India Limited (CIEINDIA)?
The free-cash-flow yield on the price is 5.92 %: that much free cash flow CIE Automotive India Limited produces per unit of market value. When it exceeds the discount rate of our models (13.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CIE Automotive India Limited (CIEINDIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CIE Automotive India Limited it is ₹371.68 per share (as of Sep 27, 2026), against a price of ₹390.80. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is CIE Automotive India Limited stock overvalued or undervalued in 2026?
As of Sep 27, 2026, CIEINDIA trades above its calculated fair value: price ₹390.80, fair value ₹371.68, a gap of about −5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CIEINDIA?
No. The price is what the market pays today (₹390.80); the fair value is what the company's own numbers justify (₹371.68). For CIE Automotive India Limited the two are ₹19.12 per share apart. That gap is exactly why we show both numbers side by side.
How much is CIE Automotive India Limited worth?
The market values CIE Automotive India Limited at about ₹180B (market capitalisation, as of Sep 27, 2026). Per share that is ₹390.80; our models calculate a fair value of ₹371.68 per share.
What do the bullish and bearish scenarios say about CIEINDIA?
Our models span a range for CIE Automotive India Limited: cautious scenario ₹225.82, base ₹371.68, optimistic ₹534.19 per share (as of Sep 27, 2026, price ₹390.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CIEINDIA?
CIE Automotive India Limited trades at a price-to-earnings ratio of 17.1 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹371.68 is built from several models across several years. Other multiples: P/B 2.4, P/S 2.7, EV/EBITDA 20.4.
How solid is the balance sheet of CIE Automotive India Limited (CIEINDIA)?
Balance-sheet figures for CIE Automotive India Limited (as of Sep 27, 2026): return on equity 11.7%, debt of 0.03 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is CIEINDIA from its 52-week high?
CIE Automotive India Limited trades at ₹390.80, about 20% below its 52-week high of ₹490.20 and 4% above the low of ₹375.00 (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of ₹371.68 is for.
Which stocks are comparable to CIE Automotive India Limited?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is CIE Automotive India Limited stock attractive at the current price?
The data as of Sep 27, 2026: price ₹390.80, calculated fair value ₹371.68 (−5%), Quality Score 62/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CIEINDIA calculated?
We run CIE Automotive India Limited through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹371.68, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9 % above its aggregate fair value. CIE Automotive India Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of CIE Automotive India Limited (CIEINDIA)?
The closing price on Sep 25, 2026 was ₹390.80. Our model-based fair value is ₹371.68, about −5% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CIE Automotive India Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (₹225.82 to ₹534.19) leaves room in how you read the outcome.
Where does the earnings growth of CIE Automotive India Limited (CIEINDIA) come from?
Earnings per share at CIE Automotive India Limited grew +19.8 % a year from 2015 to 2025. Broken into its drivers: revenue per share +5.1 %, EBIT margin −5.8 %, tax rate +0.0 %, residual (interest, one-offs) +21.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of CIE Automotive India Limited
How large is the market capitalisation of CIE Automotive India Limited (CIEINDIA)?
The market capitalisation of CIE Automotive India Limited is ₹180B (≈ $1.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of CIE Automotive India Limited (CIEINDIA)?
The price-to-sales ratio of CIE Automotive India Limited is 1.51 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of CIE Automotive India Limited (CIEINDIA)?
Earnings per share at CIE Automotive India Limited are ₹22.81 (price ÷ EPS = P/E 17.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of CIE Automotive India Limited (CIEINDIA)?
The dividend yield of CIE Automotive India Limited is 1.5% (payout 25.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of CIE Automotive India Limited (CIEINDIA)?
The net margin of CIE Automotive India Limited is 8.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of CIE Automotive India Limited (CIEINDIA)?
The return on equity (ROE) of CIE Automotive India Limited is 11.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of CIE Automotive India Limited (CIEINDIA)?
On an EBIT basis the return on assets of CIE Automotive India Limited is 25.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of CIE Automotive India Limited (CIEINDIA)?
The operating margin of CIE Automotive India Limited is 11.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CIE Automotive India Limited (CIEINDIA)?
Revenue at CIE Automotive India Limited is growing +14.9% versus a year earlier (3y avg +2.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at CIE Automotive India Limited (CIEINDIA)?
Earnings per share at CIE Automotive India Limited are growing +20.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does CIE Automotive India Limited (CIEINDIA) carry?
The net debt of CIE Automotive India Limited is ₹1.7B (fiscal year 2025, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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