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CIE Automotive India vs PPAP Automotive Q3 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

CI

CIE Automotive India

CIE Automotive India reported consolidated Q4 CY25 revenue of INR 23.3 billion, up 15% YoY, driven by strong India operations (INR 15.44 billion, +12% YoY) and Europe (INR 7.88 billion, +21% YoY, but only +4% in euro...

PP

PPAP Automotive

PPAP Automotive's Q3 FY26 consolidated revenue was ₹138 crore, flat YoY, impacted by model-specific demand softness at key OEMs (Maruti, Tata, Honda).

Result Snapshot

Revenue₹2,393 Cr₹139 Cr
PAT₹204 Cr₹0 Cr
EBITDA Margin14%9%
Sentimentbullishneutral

Key Quotes

We are moving and we are planning to move certain capacity from our European sites to India. We are executing this plan.
Ander Arnesa Alvarez · CEO
We are not emotionally attached to any business. Business is business end of the day. We have to give it due time to get matured and the moment it starts and then we have to take a feedback on do we continue with it or do we not continue with it.
Abhishek Jane · Managing Director and CEO