Nifty
Sensex
:
:
24318.15
79741.34
-95.35 (-0.39%)
-407.54 (-0.51%)

Forgings

Rating :
57/99

BSE: 532756 | NSE: CIEINDIA

612.15
05-Jul-2024
  • Open
  • High
  • Low
  • Previous Close
  •  600.80
  •  614.00
  •  594.60
  •  599.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  637156
  •  3859.83
  •  622.40
  •  406.80

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 22,408.94
  • 22.60
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 22,670.44
  • 0.85%
  • 3.62

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 65.70%
  • 0.56%
  • 7.21%
  • FII
  • DII
  • Others
  • 5.03%
  • 18.75%
  • 2.75%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 3.13
  • 3.43

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 8.29
  • 6.96

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 17.65
  • 26.75

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.15
  • 17.41
  • 19.21

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.06
  • 1.97
  • 2.47

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.14
  • 10.84
  • 11.41

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Net Sales
2,292.69
2,320.34
-1.19%
2,426.80
2,440.20
-0.55%
2,240.39
2,246.84
-0.29%
2,279.41
2,229.43
2.24%
Expenses
1,932.68
1,949.91
-0.88%
2,066.23
2,059.56
0.32%
1,912.97
1,954.45
-2.12%
1,934.03
1,936.00
-0.10%
EBITDA
360.01
370.43
-2.81%
360.57
380.65
-5.28%
327.43
292.39
11.98%
345.38
293.43
17.70%
EBIDTM
15.70%
15.96%
14.86%
15.60%
14.61%
13.01%
15.15%
13.16%
Other Income
30.64
19.53
56.89%
51.31
15.96
221.49%
26.50
24.39
8.65%
20.02
13.37
49.74%
Interest
21.09
22.07
-4.44%
22.03
23.97
-8.09%
30.35
7.93
282.72%
30.98
10.87
185.00%
Depreciation
83.62
83.25
0.44%
86.34
82.51
4.64%
78.09
76.73
1.77%
78.34
73.05
7.24%
PBT
285.94
284.64
0.46%
303.52
290.13
4.62%
245.49
270.00
-9.08%
256.07
222.88
14.89%
Tax
70.17
70.76
-0.83%
73.72
70.16
5.07%
68.16
75.55
-9.78%
69.14
55.60
24.35%
PAT
215.77
213.88
0.88%
229.80
219.97
4.47%
177.33
194.45
-8.80%
186.93
167.28
11.75%
PATM
9.41%
9.22%
9.47%
9.01%
7.92%
8.65%
8.20%
7.50%
EPS
5.72
7.95
-28.05%
6.08
7.36
-17.39%
4.45
-17.34
-
9.90
4.52
119.03%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Dec 23
Dec 22
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Dec 15
Mar 15
Net Sales
9,239.29
9,280.35
8,753.00
8,386.70
6,050.10
7,954.40
8,103.30
6,520.00
5,319.90
3,865.32
5,569.90
Net Sales Growth
0.03%
6.02%
4.37%
38.62%
-23.94%
-1.84%
24.28%
22.56%
37.63%
-30.60%
 
Cost Of Goods Sold
4,872.75
4,910.83
4,776.00
4,007.90
2,806.30
3,786.90
3,655.90
2,854.90
2,144.30
1,726.49
2,560.81
Gross Profit
4,366.54
4,369.52
3,977.00
4,378.80
3,243.80
4,167.50
4,447.40
3,665.10
3,175.60
2,138.83
3,009.09
GP Margin
47.26%
47.08%
45.44%
52.21%
53.62%
52.39%
54.88%
56.21%
59.69%
55.33%
54.02%
Total Expenditure
7,845.91
7,856.46
7,581.10
7,369.40
5,553.00
6,998.30
7,097.30
5,705.50
4,788.80
3,502.15
5,128.19
Power & Fuel Cost
-
426.03
476.90
453.20
338.00
390.50
370.90
307.70
291.80
216.35
294.95
% Of Sales
-
4.59%
5.45%
5.40%
5.59%
4.91%
4.58%
4.72%
5.49%
5.60%
5.30%
Employee Cost
-
994.41
902.20
1,347.80
1,262.30
1,319.30
1,365.10
1,176.00
1,102.50
801.33
1,186.68
% Of Sales
-
10.72%
10.31%
16.07%
20.86%
16.59%
16.85%
18.04%
20.72%
20.73%
21.31%
Manufacturing Exp.
-
1,174.01
1,069.40
1,092.80
838.00
1,029.50
1,207.30
936.40
900.50
575.89
714.60
% Of Sales
-
12.65%
12.22%
13.03%
13.85%
12.94%
14.90%
14.36%
16.93%
14.90%
12.83%
General & Admin Exp.
-
214.94
218.30
457.30
301.00
470.30
495.00
421.10
349.40
181.68
128.54
% Of Sales
-
2.32%
2.49%
5.45%
4.98%
5.91%
6.11%
6.46%
6.57%
4.70%
2.31%
Selling & Distn. Exp.
-
128.23
132.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
110.29
% Of Sales
-
1.38%
1.51%
0%
0%
0%
0%
0%
0%
0%
1.98%
Miscellaneous Exp.
-
8.00
6.00
10.40
7.40
1.80
3.10
9.40
0.30
0.41
110.29
% Of Sales
-
0.09%
0.07%
0.12%
0.12%
0.02%
0.04%
0.14%
0.01%
0.01%
2.38%
EBITDA
1,393.39
1,423.89
1,171.90
1,017.30
497.10
956.10
1,006.00
814.50
531.10
363.17
441.71
EBITDA Margin
15.08%
15.34%
13.39%
12.13%
8.22%
12.02%
12.41%
12.49%
9.98%
9.40%
7.93%
Other Income
128.47
82.01
58.30
55.60
59.20
45.70
38.70
26.90
31.40
28.74
42.92
Interest
104.45
107.37
22.70
53.20
54.80
52.50
52.50
54.50
59.40
50.41
121.12
Depreciation
326.39
322.20
296.20
343.10
306.40
316.80
289.80
273.40
232.50
163.02
237.50
PBT
1,091.02
1,076.34
911.30
676.60
195.10
632.50
702.40
513.50
270.60
178.48
126.01
Tax
281.19
278.22
240.10
272.10
88.70
274.10
204.30
148.30
92.60
23.89
-21.93
Tax Rate
25.77%
25.85%
25.29%
40.99%
45.46%
43.65%
29.09%
29.27%
35.40%
23.75%
21.91%
PAT
809.83
797.63
711.30
391.70
106.40
353.80
498.10
358.40
169.00
76.72
-78.07
PAT before Minority Interest
809.83
797.63
711.30
391.70
106.40
353.80
498.10
358.40
169.00
76.72
-78.16
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.09
PAT Margin
8.77%
8.59%
8.13%
4.67%
1.76%
4.45%
6.15%
5.50%
3.18%
1.98%
-1.40%
PAT Growth
1.79%
12.14%
81.59%
268.14%
-69.93%
-28.97%
38.98%
112.07%
120.28%
-
 
EPS
21.35
21.02
18.75
10.32
2.80
9.33
13.13
9.45
4.45
2.02
-2.06

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Dec 15
Mar 15
Shareholder's Funds
5,987.97
5,098.50
5,196.60
4,908.00
4,633.80
4,289.10
3,715.60
3,266.30
2,006.59
1,886.52
Share Capital
379.36
379.30
379.10
379.00
379.00
378.80
378.40
378.10
323.34
322.98
Total Reserves
5,608.61
4,718.70
4,814.40
4,525.20
4,250.90
3,904.00
3,326.60
2,880.90
1,681.86
1,560.75
Non-Current Liabilities
661.87
703.70
1,488.80
1,711.90
1,330.60
1,431.10
1,272.10
1,164.00
946.28
1,567.05
Secured Loans
3.29
96.10
229.10
313.70
146.90
159.30
229.50
358.10
219.06
546.00
Unsecured Loans
97.63
22.70
423.10
623.60
678.70
1,013.70
787.80
574.40
532.76
876.92
Long Term Provisions
100.52
100.80
308.40
346.50
360.80
349.00
344.90
329.60
254.94
236.19
Current Liabilities
3,102.74
3,399.60
3,135.20
2,743.60
2,598.30
2,607.30
2,348.40
2,238.00
2,047.50
1,384.10
Trade Payables
1,934.11
2,135.00
1,938.50
1,459.00
1,477.10
1,683.80
1,574.30
1,526.00
1,399.12
1,047.68
Other Current Liabilities
354.24
345.20
388.70
461.90
377.40
317.60
505.30
241.60
276.73
218.30
Short Term Borrowings
702.42
804.50
629.40
710.30
643.50
440.40
179.60
429.60
310.83
95.38
Short Term Provisions
111.96
114.90
178.60
112.40
100.30
165.50
89.20
40.80
60.82
22.74
Total Liabilities
9,752.58
9,201.80
9,820.60
9,363.50
8,562.70
8,327.50
7,336.10
6,668.30
5,000.37
4,853.18
Net Block
5,810.46
5,546.70
6,586.70
6,741.30
6,043.50
4,905.20
4,750.30
4,517.30
3,292.93
3,123.76
Gross Block
8,491.83
8,831.90
8,917.20
9,352.40
7,773.00
6,328.80
5,864.70
5,025.00
3,434.81
6,575.19
Accumulated Depreciation
2,681.38
3,285.20
2,117.30
2,602.70
1,729.50
1,221.90
920.40
507.70
141.88
3,451.43
Non Current Assets
6,605.46
5,997.50
6,941.10
6,886.00
6,389.50
5,316.30
5,216.40
4,992.70
3,638.68
3,472.51
Capital Work in Progress
53.67
119.50
124.70
12.30
54.20
96.00
60.20
96.70
55.93
126.33
Non Current Investment
39.10
32.10
24.60
8.70
8.00
1.50
1.40
3.60
0.79
7.69
Long Term Loans & Adv.
653.94
297.60
199.70
120.60
171.20
255.50
347.70
317.40
235.16
212.14
Other Non Current Assets
48.29
1.60
5.40
3.10
112.60
58.10
56.80
57.70
53.87
2.59
Current Assets
3,147.12
2,943.50
2,879.50
2,477.50
2,173.20
3,011.20
2,119.70
1,675.60
1,361.69
1,380.67
Current Investments
781.45
543.50
413.40
225.30
87.50
679.30
53.70
35.40
66.28
49.33
Inventories
1,162.61
1,210.80
1,348.60
1,006.20
1,056.60
1,228.60
989.80
835.20
718.87
684.96
Sundry Debtors
633.13
860.80
668.70
705.40
736.80
741.40
598.40
521.90
383.08
422.51
Cash & Bank
238.72
85.90
159.50
238.10
149.90
112.70
71.90
98.10
50.15
89.27
Other Current Assets
331.21
125.30
133.80
202.50
142.40
249.20
405.90
185.00
143.31
134.60
Short Term Loans & Adv.
149.61
117.20
155.50
100.00
106.40
171.30
377.30
151.20
112.74
57.09
Net Current Assets
44.38
-456.10
-255.70
-266.10
-425.10
403.90
-228.70
-562.40
-685.81
-3.43
Total Assets
9,752.58
8,941.00
9,820.60
9,363.50
8,562.70
8,327.50
7,336.10
6,668.30
5,000.37
4,853.18

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Dec 15
Mar 15
Cash From Operating Activity
1,383.26
1,118.20
1,051.20
539.30
1,027.30
708.00
512.20
304.00
679.63
322.26
PBT
1,456.26
111.10
665.00
195.30
627.90
702.40
506.70
261.60
100.61
-100.09
Adjustment
315.81
1,214.90
355.00
318.20
359.90
326.80
332.50
289.80
219.43
553.19
Changes in Working Capital
-30.88
-9.70
136.50
76.10
155.60
-176.80
-219.30
-188.10
385.66
-110.28
Cash after chg. in Working capital
1,741.19
1,316.30
1,156.50
589.60
1,143.40
852.40
619.90
363.30
705.70
342.82
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-357.94
-198.10
-105.30
-50.30
-116.10
-144.40
-107.70
-59.30
-26.07
-20.56
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-909.57
-639.50
-755.10
-429.40
-590.10
-1,018.90
-308.30
-830.80
-225.17
-183.99
Net Fixed Assets
-140.75
-135.30
-162.60
-221.60
-165.80
-1,657.30
-257.60
-35.96
570.48
-803.63
Net Investments
-258.25
-263.60
-191.00
-141.00
-288.90
1,371.80
151.40
-1,285.60
-43.54
-766.43
Others
-510.57
-240.60
-401.50
-66.80
-135.40
-733.40
-202.10
490.76
-752.11
1,386.07
Cash from Financing Activity
-427.20
-487.70
-362.70
-38.00
-404.00
362.10
-235.60
574.80
-493.59
-293.66
Net Cash Inflow / Outflow
46.49
-9.00
-66.60
71.90
33.20
51.20
-31.70
48.00
-39.13
-155.39
Opening Cash & Equivalents
158.38
164.60
238.60
159.00
124.70
71.90
98.10
50.10
89.28
43.59
Closing Cash & Equivalent
209.54
158.40
164.60
238.60
159.00
124.70
71.90
98.10
50.15
89.09

Financial Ratios

Consolidated /

Standalone
Description
Dec 23
Dec 22
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Dec 15
Mar 15
Book Value (Rs.)
157.84
134.41
137.00
129.40
122.16
113.06
97.91
86.19
62.02
58.32
ROA
8.11%
7.21%
4.08%
1.19%
4.19%
6.36%
5.12%
2.90%
1.56%
-2.30%
ROE
14.39%
13.82%
7.76%
2.23%
7.94%
12.47%
10.29%
6.42%
3.95%
-6.17%
ROCE
18.47%
15.59%
11.00%
3.95%
11.33%
13.96%
11.73%
8.28%
4.63%
0.87%
Fixed Asset Turnover
1.07
0.99
0.92
0.71
1.13
1.33
1.22
1.31
0.80
1.16
Receivable days
29.38
31.89
29.90
43.50
33.91
30.17
30.69
29.90
36.75
18.53
Inventory Days
46.67
53.36
51.24
62.22
52.43
49.96
49.99
51.34
64.04
33.45
Payable days
143.87
149.22
148.03
95.02
84.39
84.65
101.95
113.80
122.07
47.21
Cash Conversion Cycle
-67.82
-63.96
-66.88
10.71
1.95
-4.51
-21.28
-32.57
-21.28
4.78
Total Debt/Equity
0.13
0.18
0.25
0.34
0.32
0.38
0.32
0.43
0.54
0.82
Interest Cover
11.02
42.91
13.48
4.56
12.96
14.38
10.30
5.40
3.00
0.17

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.