Chaman Metallics Ltd
Incorporated in 2003, Chaman Metallics Ltd
does manufacture and sale of Iron and Steel[1]
- Market Cap ₹ 222 Cr.
- Current Price ₹ 92.2
- High / Low ₹ 115 / 45.4
- Stock P/E 11.6
- Book Value ₹ 35.7
- Dividend Yield 0.00 %
- ROCE 31.6 %
- ROE 29.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 63.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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: Steel Industry: Steel - Sponge Iron
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 11 | 58 | 141 | 185 | 228 | 208 | |
| 0 | 10 | 58 | 130 | 170 | 202 | 180 | |
| Operating Profit | -0 | 1 | 0 | 11 | 15 | 26 | 28 |
| OPM % | 8% | 0% | 8% | 8% | 11% | 14% | |
| 0 | 0 | 0 | -0 | 1 | 1 | 2 | |
| Interest | 0 | 0 | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | -2 | -0 | -2 | 7 | 12 | 23 | 26 |
| Tax % | 2% | 205% | 304% | 25% | 33% | 27% | |
| -2 | 0 | 4 | 5 | 8 | 17 | 19 | |
| EPS in Rs | -2.22 | 0.52 | 4.67 | 6.62 | 10.37 | 7.09 | 7.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 67% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 88% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 26% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 24 | 24 |
| Reserves | 13 | 13 | 16 | 21 | 30 | 53 | 62 |
| 15 | 6 | 20 | 14 | 25 | 22 | 69 | |
| 8 | 4 | 11 | 16 | 11 | 18 | 24 | |
| Total Liabilities | 44 | 31 | 54 | 59 | 74 | 116 | 179 |
| 24 | 23 | 26 | 26 | 27 | 29 | 27 | |
| CWIP | 2 | 2 | 2 | 2 | 2 | 5 | 37 |
| Investments | 0 | 0 | 0 | 0 | 1 | 0 | 2 |
| 18 | 6 | 25 | 31 | 44 | 83 | 113 | |
| Total Assets | 44 | 31 | 54 | 59 | 74 | 116 | 179 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| -0 | 10 | -6 | 8 | -6 | 12 | |
| 0 | 0 | -6 | -1 | -3 | -6 | |
| 0 | -10 | 13 | -8 | 9 | 16 | |
| Net Cash Flow | 0 | 0 | 1 | -1 | -0 | 22 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 44 | 17 | 12 | 24 | 17 | |
| Inventory Days | 13,667 | 148 | 120 | 50 | 44 | 32 |
| Days Payable | 2,028 | 23 | 63 | 38 | 12 | 22 |
| Cash Conversion Cycle | 170 | 73 | 24 | 55 | 26 | |
| Working Capital Days | 139 | 59 | 30 | 58 | 50 | |
| ROCE % | -1% | -3% | 22% | 27% | 32% |
Business Overview:[1]
Company is a part of GS Group which is a manufacturer of ISI Grade MS Ingots and TMT Bars. Through its sponge iron business, the company caters to the metallic requirements
of steel producers in selected geographies