CMI

Which are the latest news on CMI?

Why is CMI Ltd falling/rising?

As of 05-Sep, CMI Ltd's stock price is at 2.71, unchanged from the previous session, and has underperformed the sector by 1.38%. The stock has seen significant declines over various periods, including a 54.45% drop in three years, indicating a bearish trend and reduced investor confidence.

As of 05-Sep, CMI Ltd's stock price is currently at 2.71, showing no change from the previous trading session. The stock has underperformed compared to the sector by 1.38% today, indicating a decline in performance relative to its peers. Over the past week, the stock has decreased by 0.37%, while the benchmark Sensex has fallen by 0.97%. In the last month, CMI Ltd's stock has dropped by 4.24%, compared to a 2.44% decline in the Sensex.<BR><BR>The stock's performance over longer periods also reflects a significant downward trend, with a staggering 54.45% decrease over the past three years and a 94.35% drop over the last five years. Additionally, CMI Ltd has been trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend.<BR><BR>Investor participation has also diminished, as evidenced by a drastic 88.15% decline in delivery volume on August 24 compared to the 5-day average. This lack of trading activity further indicates a lack of confidence among investors. Overall, the combination of underperformance against the sector, declining stock price over various periods, and reduced investor participation contributes to the falling trend of CMI Ltd's stock price.

Who are in the management team of CMI?

The management team of CMI includes Amit Jain (Chairman & Managing Director), Kunal Singhal, Pyare Lal Khanna (Directors), Servagaya Jain, Vikash Sharma (Independent Directors), and Tanya Kukreja (Company Secretary & Compliance Officer).

The management team of CMI includes the following individuals:<BR><BR>1. Amit Jain - Chairman & Managing Director<BR>2. Kunal Singhal - Director<BR>3. Pyare Lal Khanna - Director<BR>4. Servagaya Jain - Independent Director<BR>5. Vikash Sharma - Independent Director<BR>6. Tanya Kukreja - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does CMI do?

CMI Ltd is a micro-cap company in the electrical cables industry, focusing on manufacturing various wires and cables. As of March 2025, it reported net sales of 13 Cr and a net loss of 3 Cr, with a market cap of 4 Cr.

Overview:<BR>CMI Ltd is a micro-cap company in the electrical cables industry, specializing in the manufacture of various types of wires and cables.<BR><BR>History:<BR>CMI Limited was incorporated in June 1967. The company has been involved in the expansion of its Jelly Filled Telephone Cables (JFTC) production capacity, with the latest quarterly results reported for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 13 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -3 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 4 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 48<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -2.61<BR>- Return on Equity: 14.26%<BR>- Price to Book: -0.03<BR><BR>Contact Details:<BR>Address: Flat 501-503 New Delhi House, 5th Floor 27 Barakhamba Road New Delhi New Delhi : 110001 <BR>Tel: 91-11-49570000 <BR>Email: info@cmilimited.in <BR>Website: http://www.cmilimited.in

Who are the peers of the CMI?

CMI's peers include Cords Cable, Plaza Wires, Ultracab India, B.C. Power, Marco Cables, DCG Cables, Rex Pipes & Cables, Bhadora Industries, and Jainik Power. Management risk varies from excellent at Cords Cable and Jainik Power to below average at Plaza Wires and B.C. Power, with Cords Cable showing the highest 1-year return at 62.82% and Ultracab India the lowest at -29.70%.

Peers: The peers of CMI are Cords Cable, Plaza Wires, Ultracab India, B.C. Power, Marco Cables, DCG Cables, Rex Pipes&Cables, Bhadora Indust., and Jainik Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cords Cable, Bhadora Indust., and Jainik Power, while Good management risk is found at CMI and Marco Cables. Average management risk is present at Ultracab India and DCG Cables, while Below Average management risk is noted at Plaza Wires and B.C. Power, and the rest. Growth is Excellent at Plaza Wires and Bhadora Indust., Good at CMI and Jainik Power, Average at Ultracab India and Marco Cables, Below Average at B.C. Power, and the rest. Capital Structure is Excellent at Jainik Power, Good at Bhadora Indust., Average at CMI and Plaza Wires, Below Average at Ultracab India and Marco Cables, and the rest.<BR><BR>Return Snapshot: Cords Cable has the highest 1-year return at 62.82%, while Ultracab India has the lowest at -29.70%. CMI's 1-year return is not available for comparison. Additionally, Ultracab India, B.C. Power, and CMI have negative six-month returns.

How big is CMI?

As of 31st August, CMI Ltd has a market capitalization of 4.00 Cr, classifying it as a Micro Cap company, with recent net sales of 611.11 Cr and net profit of 25.91 Cr over the last four quarters. Shareholder's funds and total assets values are not available.

As of 31st August, <BR><BR>Market Cap: CMI Ltd has a market capitalization of 4.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 611.11 Cr, while the sum of Net Profit for the same period is 25.91 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period. However, the values for Shareholder's Funds and Total Assets are not available.

Should I buy, sell or hold CMI Ltd?

How has been the historical performance of CMI?

CMI has shown significant revenue growth, with net sales increasing from 135.76 Cr in Mar'15 to 573.91 Cr in Mar'18, but profitability metrics like profit after tax and earnings per share have fluctuated, peaking in Mar'16 before declining by Mar'18.

Answer:<BR>The historical performance of CMI shows significant growth in net sales and operating profit over the years, with fluctuations in profit after tax.<BR><BR>Breakdown:<BR>CMI's net sales increased from 135.76 Cr in Mar'15 to 573.91 Cr in Mar'18, reflecting a strong upward trend. Total operating income also rose from 137.28 Cr in Mar'15 to 573.91 Cr in Mar'18. However, the raw material cost surged from 109.85 Cr in Mar'15 to 438.38 Cr in Mar'18, impacting overall profitability. Operating profit (PBDIT) grew from 15.92 Cr in Mar'15 to 78.82 Cr in Mar'18, indicating improved operational efficiency, although profit before tax saw fluctuations, peaking at 113.50 Cr in Mar'16 before declining to 39.38 Cr in Mar'18. Profit after tax followed a similar pattern, reaching 105.98 Cr in Mar'16 but dropping to 25.80 Cr in Mar'18. The earnings per share (EPS) also reflected this volatility, with a high of 75.27 in Mar'16 and a decrease to 17.17 in Mar'18. Overall, while CMI demonstrated strong revenue growth, its profitability metrics showed variability, particularly in the latter years.

When is the next results date for CMI?

The next results date for CMI is November 7, 2025.

The next results date for CMI is scheduled for November 7, 2025.

Who are the top shareholders of the CMI?

The top shareholders of CMI include individual investors with 66.01% of shares, Canara Bank holding 12.35%, and a Foreign Institutional Investor with 0.81%. Promoter Amit Jain owns 0.5%, and there are no pledged holdings or mutual fund schemes.

The top shareholders of CMI include individual investors, who hold a significant 66.01% of the shares. The highest public shareholder is Canara Bank, based in New Delhi, with a holding of 12.35%. Among institutional investors, there is one Foreign Institutional Investor (FII) that holds 0.81%. Additionally, the promoter with the highest holding is Amit Jain, who owns 0.5% of the shares. Notably, there are no pledged promoter holdings or mutual fund schemes involved in the shareholding.

Is CMI overvalued or undervalued?

As of April 25, 2023, CMI's valuation has shifted to "risky" due to its negative financial metrics, including a PE ratio of -0.66 and a year-to-date return of -31.20%, significantly underperforming compared to peers like Havells India and Polycab India.

As of 25 April 2023, the valuation grade for CMI has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company is currently considered overvalued, particularly given its troubling financial ratios. Notably, CMI has a PE ratio of -0.66, an EV to EBITDA ratio of -260.39, and a ROCE of -4.14%, all of which highlight its negative performance metrics.<BR><BR>In comparison to its peers, CMI's financial standing appears precarious. For instance, Havells India, classified as expensive, has a PE ratio of 64.84, while Polycab India, also very expensive, has a PE ratio of 45.49. These comparisons further underscore CMI's unfavorable position within the industry. Additionally, the company's stock performance has lagged significantly behind the Sensex, with a year-to-date return of -31.20% compared to the Sensex's 5.61%.

What is the technical trend for CMI?

As of June 3, 2025, CMI's technical trend is mildly bearish, with bearish signals from the weekly MACD and moving averages, although the monthly indicators show some potential for recovery.

As of 3 June 2025, the technical trend for CMI has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD shows a mildly bullish stance, indicating some potential for recovery. However, the daily moving averages are bearish, reinforcing the short-term negative outlook. Both the weekly and monthly Bollinger Bands are mildly bearish, suggesting continued downward pressure. The KST aligns with this view, being bearish on the weekly and mildly bullish on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals in the weekly MACD and moving averages, despite some signs of potential improvement in the monthly indicators.

Has CMI declared dividend?

CMI Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 21, 2020. However, the company has faced significant negative total returns across all periods, resulting in a dividend yield of 0%.

CMI Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 21 Sep 20<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -28.72%, the dividend return was 0%, resulting in a total return of -28.72%.<BR><BR>For the 1-year period, the price return was -34.36%, the dividend return was 0%, leading to a total return of -34.36%.<BR><BR>Over the 2-year period, the price return was -67.86%, with a dividend return of 0%, resulting in a total return of -67.86%.<BR><BR>In the 3-year period, the price return was -87.99%, the dividend return was 0%, culminating in a total return of -87.99%.<BR><BR>For the 4-year period, the price return was -92.93%, the dividend return was 0%, which resulted in a total return of -92.93%.<BR><BR>In the 5-year period, the price return was -87.27%, the dividend return was 1.43%, leading to a total return of -85.84%.<BR><BR>Overall, while CMI Ltd has declared a dividend, the company has experienced significant negative total returns across all periods, indicating a challenging financial performance. The dividend yield remains at 0%, suggesting that dividends have not been a reliable source of return for investors in recent times.