Crimson Metal Engineering Company Ltd
Incorporated in 1985, Crimson Metal Engineering Company Ltd is in the business of manufacturing Steel Pipes.[1]
- Market Cap ₹ 19.3 Cr.
- Current Price ₹ 43.6
- High / Low ₹ 43.7 / 10.8
- Stock P/E 161
- Book Value ₹ 12.8
- Dividend Yield 0.00 %
- ROCE 8.11 %
- ROE 2.35 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.41 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.71% over past five years.
- Company has a low return on equity of -4.81% over last 3 years.
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61.60 | 44.31 | 45.53 | 45.97 | 33.23 | 9.85 | 7.25 | 9.35 | 9.63 | 8.16 | 8.28 | 9.57 | 9.08 | |
| 58.12 | 40.20 | 41.53 | 41.56 | 29.44 | 6.49 | 4.03 | 4.83 | 4.94 | 4.11 | 4.49 | 5.34 | 4.73 | |
| Operating Profit | 3.48 | 4.11 | 4.00 | 4.41 | 3.79 | 3.36 | 3.22 | 4.52 | 4.69 | 4.05 | 3.79 | 4.23 | 4.35 |
| OPM % | 5.65% | 9.28% | 8.79% | 9.59% | 11.41% | 34.11% | 44.41% | 48.34% | 48.70% | 49.63% | 45.77% | 44.20% | 47.91% |
| 1.21 | 0.20 | 0.20 | 0.12 | 0.14 | 0.23 | 0.01 | 0.01 | 0.05 | 0.01 | 0.04 | 0.08 | 0.06 | |
| Interest | 2.73 | 2.66 | 2.47 | 2.73 | 2.24 | 2.32 | 2.01 | 2.78 | 2.96 | 2.26 | 1.83 | 2.06 | 2.14 |
| Depreciation | 1.02 | 0.95 | 0.95 | 0.97 | 1.11 | 1.12 | 1.12 | 1.64 | 1.68 | 1.69 | 1.82 | 2.07 | 2.09 |
| Profit before tax | 0.94 | 0.70 | 0.78 | 0.83 | 0.58 | 0.15 | 0.10 | 0.11 | 0.10 | 0.11 | 0.18 | 0.18 | 0.18 |
| Tax % | 31.91% | -22.86% | 37.18% | 33.73% | 1.72% | 20.00% | 20.00% | -245.45% | -690.00% | -190.91% | 838.89% | 27.78% | |
| 0.63 | 0.86 | 0.49 | 0.55 | 0.58 | 0.11 | 0.08 | 0.39 | 0.79 | 0.32 | -1.33 | 0.13 | 0.12 | |
| EPS in Rs | 1.42 | 1.94 | 1.11 | 1.24 | 1.31 | 0.25 | 0.18 | 0.88 | 1.78 | 0.72 | -3.00 | 0.29 | 0.27 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | 6% |
| 3 Years: | 0% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | 10% |
| 3 Years: | -45% |
| TTM: | 110% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 67% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 1% |
| 3 Years: | -5% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 |
| Reserves | -1.62 | -0.95 | -0.46 | 0.09 | 0.67 | 0.79 | 0.87 | 1.26 | 2.05 | 2.37 | 1.03 | 1.17 | 1.24 |
| 32.01 | 31.21 | 17.83 | 16.85 | 18.74 | 13.83 | 24.43 | 29.01 | 27.08 | 23.52 | 19.49 | 24.47 | 16.84 | |
| 12.16 | 4.84 | 17.76 | 7.96 | 8.10 | 3.42 | 4.10 | 4.08 | 2.76 | 2.91 | 5.63 | 4.61 | 9.23 | |
| Total Liabilities | 46.98 | 39.53 | 39.56 | 29.33 | 31.94 | 22.47 | 33.83 | 38.78 | 36.32 | 33.23 | 30.58 | 34.68 | 31.74 |
| 15.38 | 14.38 | 13.43 | 12.91 | 14.76 | 13.94 | 12.82 | 24.71 | 23.03 | 23.04 | 25.62 | 28.11 | 27.10 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.00 | 0.00 | 0.87 | 2.46 | 0.03 | 0.00 | 0.97 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 31.60 | 25.15 | 26.13 | 16.42 | 17.18 | 8.53 | 8.01 | 14.07 | 12.42 | 7.73 | 4.93 | 6.57 | 3.67 | |
| Total Assets | 46.98 | 39.53 | 39.56 | 29.33 | 31.94 | 22.47 | 33.83 | 38.78 | 36.32 | 33.23 | 30.58 | 34.68 | 31.74 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.18 | 1.82 | 4.61 | 6.63 | -2.26 | 5.79 | 12.73 | 2.63 | 2.80 | 6.56 | 5.88 | -0.36 | |
| 0.33 | 0.07 | 0.46 | -0.04 | -3.45 | -0.31 | -12.99 | -0.52 | -0.82 | -3.28 | -1.94 | -4.45 | |
| -7.30 | -1.99 | -3.34 | -3.25 | -0.20 | -5.24 | 0.02 | -1.82 | -1.94 | -3.56 | -4.02 | 4.97 | |
| Net Cash Flow | -0.79 | -0.10 | 1.73 | 3.34 | -5.91 | 0.23 | -0.25 | 0.30 | 0.05 | -0.28 | -0.08 | 0.17 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 124.73 | 91.52 | 134.52 | 48.27 | 83.59 | 85.97 | 155.06 | 423.17 | 328.99 | 173.11 | 0.00 | 128.91 |
| Inventory Days | 24.22 | 90.44 | 43.95 | 18.38 | 30.55 | 107.80 | 206.16 | 146.00 | 133.72 | 167.41 | 146.00 | 91.54 |
| Days Payable | 79.14 | 30.65 | 38.37 | 53.72 | 9.80 | 6.79 | 321.06 | 106.51 | 115.09 | 172.89 | 245.55 | 193.37 |
| Cash Conversion Cycle | 69.80 | 151.31 | 140.10 | 12.94 | 104.34 | 186.98 | 40.15 | 462.66 | 347.63 | 167.62 | -99.55 | 27.08 |
| Working Capital Days | 18.25 | 44.48 | -69.75 | 21.28 | 94.68 | 151.19 | 195.84 | 133.51 | 108.40 | -98.85 | -305.93 | -270.79 |
| ROCE % | 10.18% | 9.67% | 11.51% | 16.49% | 12.48% | 11.52% | 8.65% | 8.97% | 8.97% | 7.42% | 7.27% | 8.11% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Nov
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Non-Applicability Of Regulation 23(9) Of SEBI (LODR), 2015 Regarding Submission Of Disclosure Of Related Party Transaction Of The Half Year Ended On September 30, 2025
14 Nov - Exemption from Reg.23(9) disclosure for half-year ended Sep 30, 2025; paid-up Rs.4,42,82,070, net worth Rs.5,59,66,000.
-
Un-Audited Financial Results Along With Limited Review Report For The Quarter And Half Year Ended On September 30, 2025
13 Nov - Unaudited quarterly and half-year results with limited review for period ended 30 Sep 2025; board approved 13 Nov 2025.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On November 13, 2025
13 Nov - Board approved unaudited Q2/H1 financial results for period ended 30 Sep 2025; limited review performed.
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Board Meeting Intimation for Notice Of The Board Meeting For Consideration Of The Un-Audited Financial Results Along With The Limited Review Report For The Quarter And Half Year Ended On September 30, 2025.
7 Nov - Board meeting on Nov 13, 2025 to consider unaudited Q2/H1 results for Sep 30, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
CMECL is engaged in the manufacture of Electrical Resistance Welded (ERW) pipes and tubes, like Black & GI pipes, GP coils, square & rectangular pipes,
etc.