Finance Assignment

Mahindra CIE Auto Ltd.

Submitted to Submitted By
Mr. Lalit Bhardwaj Nakka Venkata Surya Mani Teja -
Vir Sapan Pratap Anand - 11802227
Mehak Saini -

Date of Submission : 15th April 2019

 LOVELY PROFESSIONAL UNIVERSITY

ASSIGNMENT II

Mittal School of Business Faculty of Finance

Name of the faculty member: Lalit K Bhardwaj

Course Code: FIN501 Course Title: FINANCIAL MANAGEMENT
Term: 18192 Sections: Q1849
Max. Marks: 30
Date of Allotment: 8th/FEB/2019 Date of Submission: 15-April-
2019

S. Roll Objective Topic Details Evaluation Expected outcomes

No No s of Parameter
Academic s
Activity
1. All To check Students will analyze the whole Student To aware the students
stude the financial structure of the company as will be
about financial analysis
nts practical per the movement of course by using evaluated
learning as and decision making
the last five years data.
regrading per
through capital budgeting
the following
They have to incorporate the following
concepts (1)Profile: decisions.
of points. 05 marks
financial
manage (1) A brief profile of the company 2) Analysis
ment with the thought of of sources
management (vision and of finance
mission). 05 marks

3)
(2) Analysis of the sources of Comparati
Finance of the company and ve Cost
their relevant mix for the last Analysis
five year. 10 Marks

4) Capital
(3) They have to make a Structure
comparative study of their cost Diagnosis
of capital in comparison with 10 Marks
any one peer company in last
five year and the suggestion
where the cost control is
required and how it can be
achieved.

(4) To diagnose the whole capital

structure and relevance of the
structure model as fitted.

As this is a group assignment

so peer rating is applicable.

Groups Attached below

 Profile of the company

About Mahindra CIE: Mahindra CIE is a multi-technology automotive components supplier

listed on the stock exchanges in Mumbai. We are a subsidiary of the CIE Automotive group
of Spain; an industrial group specialised in supplying components and subassemblies for the
automotive market, which has presence across the globe and is listed on the stock exchanges
in Madrid and Bilbao.

Mahindra CIE is in the Castings & Forgings sector. The current market capitalisation stands
at Rs 8,636.29 crore. Mahindra CIE Automotive Ltd., incorporated in the year 1999, is a Mid
Cap company (having a market cap of Rs 9054.84 Crore) operating in Engineering sector.

Mahindra CIE Automotive Ltd. key Products/Revenue Segments include Automotive

Accessories which contributed Rs 1936.30 Crore to Sales Value (93.84 % of Total Sales),
Other Operating Revenue which contributed Rs 124.70 Crore to Sales Value (6.04 % of Total
Sales) and Services Rendered which contributed Rs 2.30 Crore to Sales Value (0.11 % of
Total Sales)for the year ending 31-Dec-2017. The company’s top management includes
Mr.Ander Arenaza Alvare, Mr.Daljit Mirchandani, Mr.Dhananjay Mungale, Mr.Hemant
Luthra, Mr.Jesus Maria Herrera Barandiaran, Mr.Juan Maria Bilbao Ugarriza, Mr.Manoj
Maheshwari, Mr.Romesh Kaul, Mr.Shriprakash Shukla, Mr.Suhail A Nathani, Mr.Zhooben
Dosabhoy Bhiwandiwala, Mrs.Neelam Deo. Company has Price Waterhouse LLP as its
auditoRs As on 31-12-2018, the company has a total of 378,780,932 shares outstanding.

To become a preferred supplier of Crankshafts & Knuckles in India with emphasis upon
exports through continuous improvement in technology and machining capabilities.

Mahindra CIE (Forging Division) is strategically located at Chakan MIDC near Pune, with
nearest port (JNPT Mumbai) at 130 kms.

Capabilities: The forging plant is leading manufacturer for Crankshafts & Knuckles in its
addressable market segment of Passenger Cars, Utility Vehicles, Light Commercial Vehicles
& Tractor.

The MCIE forging plant is fully equipped with integrated facility of Design & Engineering,
Die Tool Manufacturing, Hot Forging & Machining of variety of automotive components.
Mahindra CIE Automotive Limited is an auto components supplier with presence in many
technologies, which include

 forgings,
 castings,
 stampings,
 magnetic products and
 composites.

The Company is focused on the automotive market, including cars, utility vehicles,
commercial vehicles and tractors. The Company's Forgings business offers crankshafts, stub
axles, forged and machined parts, front axle beams and steel pistons, flashless near nett
forgings and forged steel parts; Stampings business offers sheet metal stampings, components
and assemblies; Castings business offers turbocharger housings, axle and transmission parts;
Magnetic Products business offers soft and hard magnets, and magnetic induction lighting;
Composites business offers compounds, components, and products, and Gears business offers
engine gears, timing gears, transmission gears, transmission drive shafts and crown wheel
pinion. It operates in India, Italy, Spain, Lithuania, Germany and the United Kingdom.