CMI

Why is CMI Ltd falling/rising?

As of 03-Aug, CMI Ltd's stock price is declining at 2.83, down 2.75%, and has significantly underperformed the Sensex. The lack of recent financial results and a 51.9% profit drop indicate weak fundamentals, compounded by an 80.04% decrease in delivery volume, suggesting low investor interest.

As of 03-Aug, CMI Ltd's stock price is falling, currently at 2.83, which reflects a change of -0.08 or -2.75%. The stock has underperformed significantly compared to the benchmark Sensex, which has increased by 2.35% over the past week. Additionally, the stock is trading lower than its moving averages across various periods, indicating a downward trend. <BR><BR>The company has not declared any results in the last six months, contributing to a perception of weak long-term fundamental strength. This lack of financial reporting coincides with a substantial decline in profits, which have fallen by 51.9% over the past year. Furthermore, the stock's delivery volume has decreased dramatically, falling by 80.04% against the five-day average, suggesting a lack of investor interest. <BR><BR>Overall, these factors, including the stock's proximity to its 52-week low and its poor performance relative to the sector, support the conclusion that CMI Ltd's stock is experiencing a decline.

Which are the latest news on CMI?

How big is CMI?

Summary could not be generated.

As of 10th June, <BR><BR>Market Cap: CMI Ltd has a market capitalization of 5.00 Cr, which classifies 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 for the latest annual data is not specified, and the values for Shareholder's Funds and Total Assets are unavailable.

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 have any more questions about CMI or its management, feel free to ask!

Who are the peers of the CMI?

CMI's peers include Cords Cable, Plaza Wires, Ultracab India, and others, with varying management risks and growth rates. Cords Cable has the highest 1-year return at 0.54%, while CMI's return is -0.30%.

Peers: The peers of CMI are Cords Cable, Plaza Wires, Ultracab India, B.C. Power, Marco Cables, DCG Cables, Bhadora Indust., Rex Pipes&Cables, and Jainik Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bhadora Indust., while Good management risk is found at Cords Cable, Marco Cables, CMI, and Jainik Power, and the rest have Below Average or Average management risk. Growth is Excellent at DCG Cables and Bhadora Indust., Good at CMI, Cords Cable, and Jainik Power, while Average growth is seen at Marco Cables, and Below Average growth is present at Plaza Wires, Ultracab India, B.C. Power, and Rex Pipes&Cables. Average capital structure is noted at CMI, Cords Cable, DCG Cables, and B.C. Power, while Good capital structure is seen at Bhadora Indust. and Excellent at Jainik Power, with Below Average capital structure at Ultracab India, Marco Cables, and Rex Pipes&Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cords Cable at 0.54%, while the lowest is Plaza Wires at -27.88%. CMI's own 1-year return is -0.30%, which is better than Plaza Wires but worse than Cords Cable. Additionally, the six-month return is negative for CMI, Ultracab India, B.C. Power, and Rex Pipes&Cables.

What does CMI do?

CMI Ltd is a manufacturer of wires and cables in the Micro Cap segment of the Cables - Electricals industry, reporting net sales of 13 Cr and a net loss of 3 Cr for the quarter ending March 2025. The company has a market cap of INR 5 Cr and key metrics include a debt equity ratio of -2.61 and a return on equity of 14.26%.

Overview:<BR>CMI Ltd is a manufacturer of various types of wires and cables, operating within the Micro Cap segment of the Cables - Electricals industry.<BR><BR>History:<BR>CMI Limited was incorporated in June 1967. The latest quarterly results reported net sales and profit for the period ending 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 5 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 7 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -2.61 <BR>Return on Equity: 14.26% <BR>Price to Book: -0.04<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

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.