CMI

Which are the latest news on CMI?

Why is CMI Ltd falling/rising?

As of 10-Jun, CMI Ltd's stock price is at 3.33, unchanged from the previous session, and has significantly underperformed with a 43.27% year-to-date decline. The stock is in a bearish trend, trading below all key moving averages, and has seen a drastic drop of 68.53% over the past three years.

As of 10-Jun, CMI Ltd's stock price is currently at 3.33, showing no change from the previous trading session. The stock has been underperforming significantly, with a decline of 4.86% over the past week, while the Sensex has only decreased by 0.49%. Over the past month, CMI Ltd has dropped by 1.19%, compared to a 4.33% decline in the Sensex. Year-to-date, the stock has seen a substantial decrease of 43.27%, while the Sensex has fallen by 13.19%. <BR><BR>In the longer term, CMI Ltd's performance is even more concerning, with a staggering 68.53% drop over the past three years and a 93.20% decline over the last five years, contrasting sharply with the Sensex's growth of 18.14% and 41.46%, respectively. <BR><BR>Today's trading performance indicates that CMI Ltd has underperformed its sector by 2.06%. The stock has exhibited erratic trading behavior, having not traded on four out of the last twenty days. Furthermore, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which suggests a bearish trend. <BR><BR>Investor participation has also decreased significantly, with delivery volume on June 1 falling by 71.84% compared to the 5-day average. This decline in trading activity, combined with the overall negative performance metrics, indicates that CMI Ltd's stock is currently in a downward trend.

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.

how big is CMI?

As of Jun 02, CMI Ltd has a market capitalization of 6.00 Cr, categorizing 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.

Market Cap: As of Jun 02, CMI Ltd has a market capitalization of 6.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, CMI Ltd reported a sum of Net Sales of 611.11 Cr and a sum of Net Profit of 25.91 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: The balance sheet data is Consolidated and pertains to the reporting period of Mar'18. Shareholder's Funds are valued at 238.14 Cr, while Total Assets stand at 576.93 Cr.

Who are in the management team of CMI?

As of March 2022, 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), all with a current remuneration of Rs. 0.

As of March 2022, the management team of CMI includes the following members:<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>All members currently have a remuneration of Rs. 0.

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.

Who are the peers of the CMI?

CMI's peers include Polycab India, KEI Industries, R R Kabel, Finolex Cables, Universal Cables, Dynamic Cables, Quadrant Future, Advait Energy, Paramount Comm., and V-Marc India, with varying management and growth risks. Dynamic Cables has the highest 1-year return at 52.39%, while CMI's return is -34.36%.

Peers: The peers of CMI are Polycab India, KEI Industries, R R Kabel, Finolex Cables, Universal Cables, Dynamic Cables, Quadrant Future, Advait Energy, Paramount Comm.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India and Quadrant Future, while Good management risk is found at KEI Industries, R R Kabel, Finolex Cables, and the rest. Average management risk is present at Universal Cables, Dynamic Cables, Advait Energy, Paramount Comm., and V-Marc India. For Growth, Excellent growth is noted at Polycab India and Advait Energy, while Good growth is seen at KEI Industries, R R Kabel, and Paramount Comm. Below Average growth is found at Finolex Cables, Universal Cables, and Quadrant Future, while Average growth is observed at Dynamic Cables. Capital Structure ratings show Excellent at KEI Industries, R R Kabel, and Finolex Cables, Good at Dynamic Cables and Quadrant Future, Average at CMI, Universal Cables, and Paramount Comm., and Below Average at V-Marc India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 52.39%, while Finolex Cables has the lowest at -33.38%. CMI's 1-year return of -34.36% is lower than both. Additionally, the six-month returns for CMI, Polycab India, KEI Industries, R R Kabel, Finolex Cables, Universal Cables, and Paramount Comm. are negative.