MAHINDRA CIE AUTO chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 231.02
Dividend & Yield2.50₹ (1.32%)
Beta 0.91
Market capitalization 72.81B
Operating cash flow N/A
ESG Scores unknown

Company description

Mahindra CIE Automotive Limited manufactures and sells automotive components to original equipment manufacturers and other customers in India and Europe. It offers forging products, such as crankshafts, steering components, and other forged products; stampings, including body systems, chassis systems, and assembly; gears, shafts, and transmission gears; axle and transmission parts, engine parts, and other products; magnetic products, such as permanent magnet, soft ferrite cores, impeder cores, and magnetic induction lightings; sheet and dough molding compounds; and auto parts, medical equipment covers, and windmill parts. The company also provides oil sumps, turbo housings, exhaust manifolds, passive entry antenna components, synchro hubs, and planetary carriers; differential and carrier housing products; knuckles/stub axles, brake calipers, spring saddles, hoods, fenders, bonnets, foot plates, front grills, and stamped cabin components; and lift arms, rocker arms, trunion brackets, and toppling cranks. It offers its products for use in cars, utility vehicles, commercial vehicles, tractors, off road vehicles, and two-wheelers. The company was formerly known as Mahindra Forgings Limited and changed its name to Mahindra CIE Automotive Limited in November 2013. The company was incorporated in 1999 and is based in Mumbai, India. Mahindra CIE Automotive Limited is a subsidiary of Participaciones Internacionales Autometal Dos S.L.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.49
Working Capital-1.54
Return On Equity0.08
Debt To Equity0.13
Fixed Asset Ratio0
Fixed Interest Cover14.25

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -10.19B -5.9B -4.29B -7.55B
Net Borrowings 4.09B -3.54B 168M -3.1B
Total Cash From Financing Activities 3.62B -4.04B -380M -3.63B
Change To Operating Activities 2.6B -4.33B -808M 3.94B
Issuance Of Stock 57M 30M 10M 10M
Net Income 4.98B 3.54B 1.06B 3.93B
Change In Cash 528M 343M 796M -740M
Effect Of Exchange Rate 16M 11M 77M -74M
Total Cash From Operating Activities 7.08B 10.27B 5.39B 10.51B
Depreciation 2.84B 3.14B 3B 3.39B
Change To Account Receivables -1.62B 3.4B 227M 820M
Other Cashflows From Financing Activities -525M -525M -548M -532M
Change To Netincome 969M 2.01B 504M 1.79B
Capital Expenditures -4.1B -4.24B -3.3B -5.27B

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 7.53B 6.28B 1.95B 6.65B
Net Income 4.98B 3.54B 1.06B 3.93B
Selling General Administrative 13.3B 13.08B 12.68B 13.53B
Gross Profit 41.81B 39.65B 30.47B 41.66B
Ebit 7.64B 6.52B 2.21B 7.13B
Operating Income 7.64B 6.52B 2.21B 7.13B
Interest Expense -441M -469M -523M -500M
Income Tax Expense 2.04B 2.74B 887M 2.72B
Total Revenue 80.31B 79.08B 60.5B 83.87B
Cost Of Revenue 38.5B 39.43B 30.03B 42.21B
Total Other Income ExpenseNet -115M -238M -258M -477M
Net Income From Continuing Ops 5.49B 3.54B 1.07B 3.93B
Net Income Applicable To Common Shares 4.98B 3.54B 1.06B 3.93B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 42.94B 40.67B 46.09B 47.59B
Total Stockholder Equity 42.89B 46.34B 49.08B 51.97B
Other Current Liabilities 2.69B 2.42B 2.3B 2.45B
Total Assets 85.83B 87.01B 95.17B 99.56B
Common Stock 3.79B 3.79B 3.79B 3.79B
Other Current Assets 1.68B 825M 994M 1.1B
Retained Earnings 14.29B 17.83B 18.89B 22.82B
Treasury Stock 9.58B 9.43B 11.11B 10.05B
Cash 1.13B 1.14B 2.23B 1.44B
Total Current Liabilities 26.07B 25.98B 27.44B 31.35B
Other Stockholder Equity 9.58B 9.43B 11.11B 10.05B
Property, Plant, and Equipment 20.8B 25.4B 29.71B 30.59B
Total Current Assets 30.11B 21.73B 24.77B 28.8B
Net Tangible Assets 13.72B 10.79B 11.25B 15.44B
Net Receivables 8.09B 7.79B 8.29B 8.22B
Accounts Payable 16.84B 14.77B 14.59B 19.39B


Insider Transactions

Here are the insider transactions of stock shares related to MAHINDRA CIE AUTO:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Participaciones Internacionales Autometal DOS S LAcquisition at price 2.52 per share.D2022-05-12Promoter10.24M
Haridass (Anil)Sale at price 4.05 per share.D2021-11-17Director12k
Haridass (Anjali Powar)Sale at price 4.05 per share.D2021-11-17Director10.15k
Urolagin (Shankar)Sale at price 4.02 per share.D2021-11-16UNREPORTED3.44k
Hari (Krishnan)Sale at price 3.77 per share.D2021-11-15UNREPORTED70.36k
Hari (Krishnan)Sale at price 3.75 per share.D2021-11-02UNREPORTED14.08k
Haridass (Anil)Sale at price 3.76 per share.D2021-10-19Director35k
Haridass (Anjali Powar)Sale at price 3.77 per share.D2021-10-19Director35k
Nair (Kiyath Jayaprakash)Sale at price 3.46 per share.D2021-10-18UNREPORTED10.62k
Nair (Kiyath Jayaprakash)Sale at price 3.23 per share.D2021-09-17UNREPORTED1k
Nair (Kiyath Jayaprakash)Sale at price 3.32 per share.D2021-09-01UNREPORTED3.16k
Nair (Kiyath Jayaprakash)Sale at price 3.20 per share.D2021-08-27UNREPORTED853
Nair (Kiyath Jayaprakash)Sale at price 3.30 per share.D2021-08-16UNREPORTED1.6k
Nair (Kiyath Jayaprakash)Other at price 3.62 per share.D2021-07-30UNREPORTED17.22k
Mahindra & Mahindra LtdOther at price 3.15 per share.D2021-07-01Promoter43.34M
Hari (Krishnan)Sale at price 3.27 per share.D2021-06-29UNREPORTED20k
Participaciones Internacionales Autometal DOS S LAcquisition at price 3.08 per share.D2021-06-23Promoter217.44k
Participaciones Internacionales Autometal DOS S LAcquisition at price 0.26 per share.D2021-05-21Promoter1.98M
Nair (Kiyath Jayaprakash)Sale at price 2.41 per share.D2021-03-15UNREPORTED8.6k
Nair (Kiyath Jayaprakash)Other at price 2.46 per share.D2021-02-24UNREPORTED8.61k
Participaciones Internacionales Autometal DOS S LAcquisition at price 1.79 per share.D2020-09-24Promoter6.5k
Participaciones Internacionales Autometal DOS S LAcquisition at price 1.90 per share.D2020-09-23Promoter7.93M
Participaciones Internacionales Autometal DOS S LAcquisition at price 1.76 per share.D2020-09-22Promoter229.03k
Participaciones Internacionales Autometal DOS S LAcquisition at price 1.59 per share.D2020-06-29Promoter479k
Participaciones Internacionales Autometal DOS S LAcquisition at price 1.59 per share.D2020-06-26Promoter500k
Participaciones Internacionales Autometal DOS S LD2020-06-23Promoter5.23M
Participaciones Internacionales Autometal DOS S LD2020-06-22Promoter155.99k
Participaciones Internacionales Autometal DOS S LD2020-06-19Promoter24.61k
Participaciones Internacionales Autometal DOS S LD2020-06-17Promoter124.85k
Participaciones Internacionales Autometal DOS S LD2020-04-27Promoter84.85k
Participaciones Internacionales Autometal DOS S LD2020-03-31Promoter3k
Participaciones Internacionales Autometal DOS S LI2020-03-31Promoter
Participaciones Internacionales Autometal DOS S LD2020-03-30Promoter118k
Luthra (Hemant)D2019-06-20Executive Chairman138.9k
Menon (Manoj)D2019-06-20UNREPORTED8.11k
Mishra (Anup)D2019-06-20UNREPORTED7.11k
Mishra (Anup)D2019-05-21UNREPORTED5k
Mishra (Anup)D2019-03-19UNREPORTED5.3k
Mishra (Anup)D2018-11-29UNREPORTED7.41k
Urolagin (Shankar)D2018-11-29UNREPORTED1k
Kaul (Romesh)D2018-09-24Director17k
Mishra (Anup)D2018-08-29UNREPORTED8.61k
Prudential Management & Services Pvt LtdD2018-07-27Promoter4.78M
Participaciones Internacionales Autometal DOS S LD2018-06-29Promoter18.93M
Harikumar (U M)D2018-05-14UNREPORTED10k
Kaul (Romesh)D2018-03-27Director15k
Sinha (Vikas)D2018-03-27UNREPORTED49.8k
Pawar (Sitaram)D2017-11-03UNREPORTED6k
Rajendran (Vishwanathan Ganapathy)D2017-09-26UNREPORTED6.67k
Luthra (Hemant)D2017-07-27Executive Chairman138.9k
Ramaswami (Krishnan)D2017-07-27Managing Director44.44k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MAHINDRA CIE AUTO. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MAHINDRA CIE AUTO

Here is the result of two systematic investment strategies applied to MAHINDRA CIE AUTO. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MAHINDRA CIE AUTO

The following chart shows the equity curve of the two systematic investment strategies applied to MAHINDRA CIE AUTO:

MAHINDRA CIE AUTO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 13.49% on the backtest period.

Performance at glance

Performance

13.49 %

Latent gain

307.15 ₹

Invested capital

2277.25 ₹

Annualized return

3.2 %
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Momentum strategy results on MAHINDRA CIE AUTO

This is the result of two momentum investment strategies applied to MAHINDRA CIE AUTO. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MAHINDRA CIE AUTO

The following chart shows all the entries opened by the momentum investment system on MAHINDRA CIE AUTO:

MAHINDRA CIE AUTO momentum entries
  • The first momentum investment strategy would give 10.1% of return on MAHINDRA CIE AUTO. That represents 474.35₹ of latent gain with 4694.45₹ of employed capital.
  • The second momentum investment strategy would give 17.79% of return on MAHINDRA CIE AUTO. That represents 474.0₹ of latent gain with 2664.2₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

10.1 %

Latent gain

474.35 ₹

Invested capital

4694.45 ₹

Annualized return

-5.72 %
Performance at glance (2Q Momentum)

Performance

17.79 %

Latent gain

474.0 ₹

Invested capital

2664.2 ₹

Annualized return

4.76 %

Momentum equity curve on MAHINDRA CIE AUTO

The following chart shows the equity curve of the two momentum strategies applied to MAHINDRA CIE AUTO:

MAHINDRA CIE AUTO momentum equity

Note: the dividends potentially given by MAHINDRA CIE AUTO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAHINDRA CIE AUTO

The following chart shows the employed capital evolution of the two momentum strategies on MAHINDRA CIE AUTO since the beginning:

MAHINDRA CIE AUTO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on MAHINDRA CIE AUTO

Buy the dip entry openings on MAHINDRA CIE AUTO

MAHINDRA CIE AUTO

The performance achieved by the robo-advisor on MAHINDRA CIE AUTO is -12.7%. That represents -26.85$ of latent gain with 211.45₹ of employed capital. The following chart shows MAHINDRA CIE AUTO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MAHINDRA CIE AUTO, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-12.7 %

Latent gain

-26.85 ₹

Invested capital

211.45 ₹

Annualized return

-5.72 %

Equity curve of the strategy applied to MAHINDRA CIE AUTO

The following chart shows the result of the investment strategy applied to MAHINDRA CIE AUTO:

MAHINDRA CIE AUTO

Note: the dividends potentially given by MAHINDRA CIE AUTO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAHINDRA CIE AUTO

The following chart shows the employed capital evolution since the beginning of the investment strategy on MAHINDRA CIE AUTO:

MAHINDRA CIE AUTO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MAHINDRA CIE AUTO

In this section, I will compare the three previous investment strategies applied to MAHINDRA CIE AUTO.

Equity curve comparison on MAHINDRA CIE AUTO

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MAHINDRA CIE AUTO investment strategy comparison

Employed capital comparison on MAHINDRA CIE AUTO

MAHINDRA CIE AUTO investment comparison

Performance comparison on MAHINDRA CIE AUTO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 13.49% 307.15₹ 2277.25₹ 3.2%
Momentum 1 quarter 10.1% 474.35₹ 4694.45₹ 2.54%
Momentum 2 quarters 17.79% 474.0₹ 2664.2₹ 4.76%
Non-directional -12.7% -26.85₹ 211.45₹ -5.72%
Annualized return comparison

Automatic investment

3.2 %

Momentum 1Q

4.76 %

Momentum 2Q

4.76 %

Non-directional

-5.72 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MAHINDRA CIE AUTO:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MAHINDRA CIE AUTO and the other stocks. There may be false positives or some missing correlated stocks. If the price of MAHINDRA CIE AUTO does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MAHINDRA CIE AUTO
Country India
City Mumbai
Address Grand Hyatt Plaza (Lobby Level)
Phone 91 22 6241 1031
Website www.mahindracie.com
FullTime employees 4665
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker MAHINDCIE.XNSE
Market

MAHINDRA CIE AUTO ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown