Mahindra CIE Consolidated December 2020 Net Sales at Rs 1,957.64 crore, up 13.62% Y-o-Y

Market Outlook

March 12, 2021 / 09:52 AM IST

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Reported Consolidated quarterly numbers for Mahindra CIE Automotive are:

Net Sales at Rs 1,957.64 crore in December 2020 up 13.62% from Rs. 1,722.94 crore in December 2019.

Quarterly Net Profit at Rs. 111.67 crore in December 2020 up 702.37% from Rs. 13.92 crore in December 2019.

EBITDA stands at Rs. 254.99 crore in December 2020 up 15.59% from Rs. 220.60 crore in December 2019.

Mahindra CIE EPS has increased to Rs. 2.94 in December 2020 from Rs. 0.36 in December 2019.

Mahindra CIE shares closed at 171.35 on March 10, 2021 (NSE) and has given 37.74% returns over the last 6 months and 38.91% over the last 12 months.

Mahindra CIE Automotive
Consolidated Quarterly Results in Rs. Cr.
Dec’20 Sep’20 Dec’19
Net Sales/Income from operations 1,957.64 1,694.30 1,722.94
Other Operating Income
Total Income From Operations 1,957.64 1,694.30 1,722.94
EXPENDITURE
Consumption of Raw Materials 918.85 716.06 764.12
Purchase of Traded Goods
Increase/Decrease in Stocks -19.98 83.83 49.11
Power & Fuel
Employees Cost 338.39 323.92 283.42
Depreciation 88.20 84.93 78.80
Excise Duty
Admin. And Selling Expenses
R & D Expenses
Provisions And Contingencies
Exp. Capitalised
Other Expenses 472.84 419.68 412.01
P/L Before Other Inc., Int., Excpt. Items & Tax 159.34 65.88 135.49
Other Income 7.45 42.01 6.32
P/L Before Int., Excpt. Items & Tax 166.79 107.89 141.80
Interest 5.67 14.19 10.61
P/L Before Exceptional Items & Tax 161.12 93.70 131.20
Exceptional Items -9.68
P/L Before Tax 161.12 93.70 121.51
Tax 49.25 32.98 108.90
P/L After Tax from Ordinary Activities 111.87 60.72 12.61
Prior Year Adjustments
Extra Ordinary Items -0.20 1.30
Net Profit/(Loss) For the Period 111.67 60.72 13.92
Minority Interest
Share Of P/L Of Associates 0.04
Net P/L After M.I & Associates 111.67 60.76 13.92
Equity Share Capital 379.01 379.01 379.01
Reserves Excluding Revaluation Reserves
Equity Dividend Rate (%)
EPS Before Extra Ordinary
Basic EPS 2.94 1.60 0.36
Diluted EPS 2.94 1.60 0.36
EPS After Extra Ordinary
Basic EPS 2.94 1.60 0.36
Diluted EPS 2.94 1.60 0.36
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