Mahindra CIE Standalone December 2020 Net Sales at Rs 756.51 crore, up 15.4% Y-o-Y

Market Outlook

February 22, 2021 / 11:12 AM IST

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var titStr=”;var editw=”; var typevar=”; var pparr= new Array(‘Monitoring your investments regularly is important.’,’Add your transaction details to monitor your stock`s performance.’,’You can also track your Transaction History and Capital Gains.’); var phead =’Why add to Portfolio?’; if(secglbVar ==1) { var stkdtxt=’this stock’; var fltxt=’ it ‘; typevar =’Stock ‘; if(lastRsrs.length>1){ stkdtxt=’these stocks’; typevar =’Stocks ‘;fltxt=’ them ‘; } } //var popretStr =lvPOPRHS(phead,pparr); //$ (‘#poprhsAdd’).html(popretStr); //$ (‘.btmbgnwr’).show(); var tickTxt =’‘; if(typparam1==1) { var modalContent = ‘Watchlist has been updated successfully.’; var modalStatus = ‘success’; //if error, use ‘error’ $ (‘.mc-modal-content’).text(modalContent); $ (‘.mc-modal-wrap’).css(‘display’,’flex’); $ (‘.mc-modal’).addClass(modalStatus); //var existsFlag=$ .inArray(‘added’,newappndStr[1]); //$ (‘#toptitleTXT’).html(tickTxt+typevar+’ to your watchlist’); //if(existsFlag == -1) //{ // if(lastRsrs.length > 1) // $ (‘#toptitleTXT’).html(tickTxt+typevar+’already exist in your watchlist’); // else // $ (‘#toptitleTXT’).html(tickTxt+typevar+’already exists in your watchlist’); // //} } //$ (‘.accdiv’).html(”); //$ (‘.accdiv’).html(appndStr); } }, //complete:function(d){ // if(typparam1==1) // { // watchlist_popup(‘open’); // } //} }); }); } else { var disNam =’stock’; if($ (‘#impact_option’).html()==’STOCKS’) disNam =’stock’; if($ (‘#impact_option’).html()==’MUTUAL FUNDS’) disNam =’mutual fund’; if($ (‘#impact_option’).html()==’COMMODITIES’) disNam =’commodity’; alert(‘Please select at least one ‘+disNam); } } else { AFTERLOGINCALLBACK = ‘overlayPopup(‘+e+’, ‘+t+’, ‘+n+’)’; commonPopRHS(); /*work_div = 1; typparam = t; typparam1 = n; check_login_pop(1)*/ } } function pcSavePort(param,call_pg,dispId) { var adtxt=”; if(readCookie(‘nnmc’)){ if(call_pg == “2”) { pass_sec = 2; } else { pass_sec = 1; } var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .ajax({url:url, type:”POST”, //data:{q_f:3,wSec:1,dispid:$ (‘input[name=sc_dispid_port]’).val()}, data:{q_f:3,wSec:pass_sec,dispid:dispId}, dataType:”json”, success:function(d) { //var accStr= ”; //$ .each(d.ac,function(i,v) //{ // accStr+=”+v.nm+”; //}); $ .each(d.data,function(i,v) { if(v.flg == ‘0’) { var modalContent = ‘Scheme added to your portfolio.’; var modalStatus = ‘success’; //if error, use ‘error’ $ (‘.mc-modal-content’).text(modalContent); $ (‘.mc-modal-wrap’).css(‘display’,’flex’); $ (‘.mc-modal’).addClass(modalStatus); //$ (‘#acc_sel_port’).html(accStr); //$ (‘#mcpcp_addportfolio .form_field, .form_btn’).removeClass(‘disabled’); //$ (‘#mcpcp_addportfolio .form_field input, .form_field select, .form_btn input’).attr(‘disabled’, false); // //if(call_pg == “2”) //{ // adtxt =’ Scheme added to your portfolio We recommend you add transactional details to evaluate your investment better. x‘; //} //else //{ // adtxt =’ Stock added to your portfolio We recommend you add transactional details to evaluate your investment better. x‘; //} //$ (‘#mcpcp_addprof_info’).css(‘background-color’,’#eeffc8′); //$ (‘#mcpcp_addprof_info’).html(adtxt); //$ (‘#mcpcp_addprof_info’).show(); glbbid=v.id; } }); } }); } else { AFTERLOGINCALLBACK = ‘pcSavePort(‘+param+’, ‘+call_pg+’, ‘+dispId+’)’; commonPopRHS(); /*work_div = 1; typparam = t; typparam1 = n; check_login_pop(1)*/ } } function commonPopRHS(e) { /*var t = ($ (window).height() – $ (“#” + e).height()) / 2 + $ (window).scrollTop(); var n = ($ (window).width() – $ (“#” + e).width()) / 2 + $ (window).scrollLeft(); $ (“#” + e).css({ position: “absolute”, top: t, left: n }); $ (“#lightbox_cb,#” + e).fadeIn(300); $ (“#lightbox_cb”).remove(); $ (“body”).append(”); $ (“#lightbox_cb”).css({ filter: “alpha(opacity=80)” }).fadeIn()*/ $ (“#myframe”).attr(‘src’,’https://accounts.moneycontrol.com/mclogin/?d=2′); $ (“#LoginModal”).modal(); } function overlay(n) { document.getElementById(‘back’).style.width = document.body.clientWidth + “px”; document.getElementById(‘back’).style.height = document.body.clientHeight +”px”; document.getElementById(‘back’).style.display = ‘block’; jQuery.fn.center = function () { this.css(“position”,”absolute”); 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Reported Standalone quarterly numbers for Mahindra CIE Automotive are:

Net Sales at Rs 756.51 crore in December 2020 up 15.4% from Rs. 655.57 crore in December 2019.

Quarterly Net Profit at Rs. 59.82 crore in December 2020 up 5.96% from Rs. 56.45 crore in December 2019.

EBITDA stands at Rs. 114.17 crore in December 2020 up 53.56% from Rs. 74.35 crore in December 2019.

Mahindra CIE EPS has increased to Rs. 1.58 in December 2020 from Rs. 1.49 in December 2019.

Mahindra CIE shares closed at 190.25 on February 19, 2021 (NSE) and has given 43.10% returns over the last 6 months and 22.39% over the last 12 months.

Mahindra CIE Automotive
Standalone Quarterly Results in Rs. Cr.
Dec’20 Sep’20 Dec’19
Net Sales/Income from operations 756.51 621.04 655.57
Other Operating Income
Total Income From Operations 756.51 621.04 655.57
EXPENDITURE
Consumption of Raw Materials 368.95 286.60 306.51
Purchase of Traded Goods
Increase/Decrease in Stocks -15.73 12.38 16.86
Power & Fuel
Employees Cost 103.90 92.96 90.13
Depreciation 29.83 31.30 30.84
Excise Duty
Admin. And Selling Expenses
R & D Expenses
Provisions And Contingencies
Exp. Capitalised
Other Expenses 188.91 159.35 172.38
P/L Before Other Inc. , Int., Excpt. Items & Tax 80.65 38.45 38.86
Other Income 3.68 3.88 4.65
P/L Before Int., Excpt. Items & Tax 84.34 42.33 43.51
Interest 4.58 2.82 4.05
P/L Before Exceptional Items & Tax 79.76 39.51 39.46
Exceptional Items 6.82
P/L Before Tax 79.76 39.51 46.28
Tax 19.94 11.03 -10.17
P/L After Tax from Ordinary Activities 59.82 28.47 56.45
Prior Year Adjustments
Extra Ordinary Items
Net Profit/(Loss) For the Period 59.82 28.47 56.45
Equity Share Capital 379.01 379.01 379.01
Reserves Excluding Revaluation Reserves
Equity Dividend Rate (%)
EPS Before Extra Ordinary
Basic EPS 1.58 0.75 1.49
Diluted EPS 1.58 0.75 1.49
EPS After Extra Ordinary
Basic EPS 1.58 0.75 1.49
Diluted EPS 1.58 0.75 1.49
Public Share Holding
No Of Shares (Crores)
Share Holding (%)
Promoters and Promoter Group Shareholding
a) Pledged/Encumbered
– Number of shares (Crores)
– Per. of shares (as a % of the total sh. of prom. and promoter group)
– Per. of shares (as a % of the total Share Cap. of the company)
b) Non-encumbered
– Number of shares (Crores)
– Per. of shares (as a % of the total sh. of prom. and promoter group)
– Per. of shares (as a % of the total Share Cap. of the company)
Source : Dion Global Solutions Limited