CMR Green Technologies Ltd
CMR Green Technologies Limited is a non-ferrous metal recycling company engaged in processing, manufacturing and selling recycled aluminium alloys in ingot and liquid form, zinc alloy ingots, aluminium billets, dross, and segregated furnace-ready scrap of metals such as stainless steel, copper, brass, zinc, lead and magnesium.
- Market Cap ₹ 4,729 Cr.
- Current Price ₹ 216
- High / Low ₹ 275 / 191
- Stock P/E 20.0
- Book Value ₹ 82.8
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 15.8 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 23.0% CAGR over last 5 years
Cons
- Stock is trading at 2.60 times its book value
- 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 2,913 | 5,010 | 5,869 | 5,952 | 6,669 | 8,640 | 11,161 | |
| Sales growth | +72% | +17% | +1% | +12% | +30% | ||
| 2,569 | 4,495 | 5,659 | 5,733 | 6,367 | 8,189 | 10,652 | |
| Operating Profit | 344 | 515 | 209 | 220 | 302 | 452 | 508 |
| OPM % | 12% | 10% | 3.6% | 3.7% | 4.5% | 5% | 4.6% |
| -164 | 45 | 21 | -1,225 | 28 | 18 | 24 | |
| Interest | 40 | 54 | 46 | 55 | 63 | 92 | 119 |
| Depreciation | 34 | 36 | 47 | 50 | 63 | 77 | 79 |
| Profit before tax | 106 | 470 | 138 | -1,110 | 205 | 300 | 335 |
| Tax % | 62% | 24% | 24% | -24% | 24% | 24% | |
| 41 | 357 | 105 | -839 | 155 | 228 | 255 | |
| EPS in Rs | 9.01 | 16.13 | 4.72 | -38.54 | 7.08 | 10.43 | 10.80 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 14% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 30% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 19% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.33 | 44 | 44 | 44 | 44 | 44 | 44 |
| Reserves | 1,675 | 1,967 | 2,065 | 1,188 | 1,329 | 1,488 | 1,770 |
| 512 | 812 | 372 | 535 | 925 | 1,426 | 1,870 | |
| 738 | 883 | 874 | 427 | 516 | 838 | 1,071 | |
| Total Liabilities | 2,925 | 3,706 | 3,355 | 2,194 | 2,813 | 3,795 | 4,755 |
| 1,580 | 1,639 | 1,713 | 613 | 669 | 775 | 810 | |
| CWIP | 43 | 36 | 44 | 26 | 150 | 68 | 122 |
| Investments | 16 | 37 | 36 | 37 | 32 | 37 | 3 |
| 1,286 | 1,995 | 1,562 | 1,519 | 1,963 | 2,916 | 3,820 | |
| Total Assets | 2,925 | 3,706 | 3,355 | 2,194 | 2,813 | 3,795 | 4,755 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -85 | -206 | 614 | 74 | -92 | -410 | |
| -66 | -81 | -96 | -134 | -235 | -134 | |
| 158 | 282 | -488 | 31 | 326 | 548 | |
| Net Cash Flow | 7 | -5 | 30 | -29 | -1 | 4 |
| Free Cash Flow | -147 | -306 | 495 | -69 | -330 | -542 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -19% | -19% | 317% | 48% | -14% | -77% |
Ratios
Consolidated / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 67 | 44 | 35 | 38 | 43 | 40 |
| Inventory Days | 67 | 67 | 43 | 43 | 51 | 63 |
| Days Payable | 34 | 20 | 22 | 12 | 14 | 16 |
| Cash Conversion Cycle | 99 | 91 | 56 | 69 | 80 | 87 |
| Working Capital Days | 57 | 52 | 45 | 48 | 46 | 36 |
| ROCE % | 20% | 7% | 8% | 12% | 14% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Automotive Sector Revenue Share % of revenue |
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| Installed Capacity MTPA |
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| Liquid Aluminium Alloy Share of Volume % of volume |
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| Repeat Customer Revenue Share % of revenue |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Investor Presentation for earnings call on 12th November, 2026
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Press Release of financials for the 2nd quarter and half year ended September 30, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- The Link for investors call was not working in the previous intimation. request you to take the updated intimation on records.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Revision in time and date of investors call
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Announcement under Regulation 30 (LODR)-Change in Management
- Mr. Satish Kumar Kaushik appointed CFO and KMP effective November 6, 2026.
Concalls
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Nov 2026PPT
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Aug 2026Transcript PPT REC
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Jul 2026Transcript PPT
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Jul 2026PPT REC
CMR Green Technologies Limited is a
non-ferrous metal recycler operating
in the secondary aluminium market,
with a focus on aluminium and zinc
die-casting alloys. The company
manufactures recycled aluminium
alloys in both ingot and liquid forms,
along with zinc alloy ingots. It also
processes and supplies segregated,
furnace-ready scrap of various metals,
including stainless steel, copper, brass,
zinc, lead and magnesium. In addition, the company manufactures aluminium billets that cater to a wide range of applications across
both the automotive and non-automotive sectors.[1]