CMI Ltd

₹ 20.1 0.50%
05 Dec - close price
About

CMI Limited is primarily engaged in the business of manufacture of wires and cables such as Railway Signaling Cables, Control & Instrumentation Cables etc.[1]

Key Points

Products
The co. produces EHV Power Cable, MV/HV Power Cable, Aerial Bunched Cables, LV Power & Control Cables, Railway Cables, Instrumentation / Signal Cables, Rubber Cables, and Special Cables. [1]

  • Market Cap 32.2 Cr.
  • Current Price 20.1
  • High / Low 57.3 / 17.8
  • Stock P/E
  • Book Value -22.6
  • Dividend Yield 0.00 %
  • ROCE -22.4 %
  • ROE -182 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -18.9%
  • The company has delivered a poor sales growth of -26.1% over past five years.
  • Promoter holding is low: 7.93%
  • Company has a low return on equity of -25.3% over last 3 years.
  • Contingent liabilities of Rs.20.5 Cr.
  • Company has high debtors of 596 days.
  • Working capital days have increased from 498 days to 849 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Cables Industry: Cables - Telephone

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
123.84 110.66 116.50 21.68 48.24 63.72 68.06 22.60 22.26 14.85 8.04 7.58 2.39
113.31 97.21 104.67 25.07 57.35 66.29 78.00 33.28 23.00 16.63 80.15 10.14 3.76
Operating Profit 10.53 13.45 11.83 -3.39 -9.11 -2.57 -9.94 -10.68 -0.74 -1.78 -72.11 -2.56 -1.37
OPM % 8.50% 12.15% 10.15% -15.64% -18.88% -4.03% -14.60% -47.26% -3.32% -11.99% -896.89% -33.77% -57.32%
4.44 2.28 2.15 1.12 1.03 0.99 -139.16 0.25 -72.34 0.53 29.95 0.05 3.84
Interest 10.58 10.56 9.26 11.19 9.73 10.59 13.79 10.90 11.67 11.43 10.06 10.89 10.44
Depreciation 2.90 2.92 2.96 2.98 2.93 2.99 2.96 2.65 2.60 2.58 2.61 2.35 2.29
Profit before tax 1.49 2.25 1.76 -16.44 -20.74 -15.16 -165.85 -23.98 -87.35 -15.26 -54.83 -15.75 -10.26
Tax % 26.85% 36.89% 219.32% 25.18% 25.22% 25.20% 6.28% 25.15% 14.52% 26.34% 28.82% 24.32% 27.97%
Net Profit 1.09 1.43 -2.11 -12.30 -15.52 -11.34 -155.44 -17.95 -74.67 -11.25 -39.03 -11.92 -7.38
EPS in Rs 0.73 0.95 -1.40 -8.18 -10.33 -7.55 -96.98 -11.20 -46.59 -7.02 -24.35 -7.44 -4.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
59 73 89 105 136 240 307 560 637 498 202 68 33
54 66 81 97 121 207 264 492 564 450 227 153 111
Operating Profit 5 6 8 8 14 33 43 68 73 48 -25 -85 -78
OPM % 9% 9% 9% 8% 11% 14% 14% 12% 11% 10% -12% -126% -237%
0 0 1 1 2 2 5 11 14 14 -136 -42 34
Interest 2 3 5 6 6 8 14 29 34 40 45 44 43
Depreciation 1 1 1 1 1 1 1 10 12 12 12 10 10
Profit before tax 2 2 2 3 9 25 33 39 41 10 -218 -181 -96
Tax % 9% 9% 32% 37% 31% 31% 33% 34% -8% 64% 11% 21%
Net Profit 2 2 2 2 6 17 22 26 45 4 -195 -143 -70
EPS in Rs 6.27 6.42 4.70 5.01 5.50 12.08 15.19 17.20 29.91 2.46 -121.42 -89.16 -43.41
Dividend Payout % -0% -0% -0% -0% -0% 8% 7% 6% 3% 20% -0% -0%
Compounded Sales Growth
10 Years: -1%
5 Years: -26%
3 Years: -53%
TTM: -81%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -120%
Stock Price CAGR
10 Years: 8%
5 Years: -39%
3 Years: -27%
1 Year: -45%
Return on Equity
10 Years: -2%
5 Years: -8%
3 Years: -25%
Last Year: -182%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
3 3 4 4 11 14 15 15 15 15 16 16 16
Reserves 5 8 9 11 24 64 91 223 298 299 109 -33 -52
18 27 31 38 33 98 90 218 282 280 311 408 420
12 13 20 18 26 49 99 137 121 106 140 45 37
Total Liabilities 39 51 63 70 95 225 295 593 717 699 576 436 421
6 5 6 5 8 17 17 160 165 171 160 149 136
CWIP 0 -0 -0 -0 -0 2 2 4 4 6 3 3 3
Investments -0 -0 -0 -0 -0 0 12 0 -0 -0 -0 -0 -0
34 46 57 64 87 206 264 428 548 522 412 285 281
Total Assets 39 51 63 70 95 225 295 593 717 699 576 436 421

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
2 -4 3 -3 -3 18 -17 -24 -2 60 -34 -76
-1 -1 -1 -0 -4 -110 48 -11 -13 -23 7 16
-1 6 -1 -0 8 93 -31 36 30 -50 32 53
Net Cash Flow 1 1 1 -4 1 2 0 1 14 -14 6 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 96 86 91 81 98 75 135 148 157 169 245 596
Inventory Days 94 128 130 138 117 86 99 109 121 181 287 180
Days Payable 76 67 81 55 56 67 104 78 77 80 218 138
Cash Conversion Cycle 114 148 140 164 159 95 129 179 200 270 314 638
Working Capital Days 120 151 137 147 152 76 133 161 209 268 377 849
ROCE % 18% 17% 17% 18% 25% 27% 25% 21% 14% 9% -6% -22%

Shareholding Pattern

Numbers in percentages

31 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
43.60 43.94 43.96 43.96 43.96 41.17 41.17 26.99 26.89 26.89 26.86 7.93
9.16 8.05 4.04 3.97 3.97 3.51 3.47 2.31 0.81 0.81 0.81 1.01
3.43 3.39 2.00 2.00 2.00 1.87 1.87 10.74 10.75 10.75 10.75 23.10
43.81 44.63 50.00 50.07 50.07 53.45 53.49 59.96 61.55 61.55 61.59 67.97

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents