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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of CMI Ltd

About the Company - CMI Ltd

CMI Ltd. is a Public Limited Listed company incorporated on 29/10/1985 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1967PLC018031 and registration number is 018031. Currently Company is involved in the business activities of Manufacture of other electronic and electric wires and cables (insulated wire and cable made of steel, copper, aluminium). Company’s Total Operating Revenue is Rs. 67.75 Cr. and Equity Capital is Rs. 16.03 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Cables - Power/OthersPD-II, Jhilmil Metro Station, Jhilmil Industrial Area, Delhi Delhi 110095info@cmilimited.in
http://www.cmilimited.in
Management
NamePosition Held
Mr. Amit JainChairman & Managing Director
Mr. Servagaya JainInd. Non-Executive Director
Mr. Kunal SinghalNon Exe.Non Ind.Director
Mr. Pyare Lal KhannaNon Exe.Non Ind.Director

CMI Ltd. Share Price Update

Share PriceValue
Today₹5.58
Previous Day₹5.58

Basic Stock Data of CMI Ltd

Last Updated: April 8, 2024, 5:10 am

Market Cap 8.69 Cr.
Current Price 5.42
High / Low13.8/5.15
Stock P/E
Book Value 79.3
Dividend Yield0.00 %
ROCE8.19 %
ROE%
Face Value 10.0

Data Source: screener.in

CMI Ltd Quarterly Results

MonthJun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
Sales21.6848.2463.7268.0622.6022.2614.858.047.582.391.9010.174.05
Expenses25.0757.3566.2978.0033.2823.0016.6380.1510.143.765.3621.585.81
Operating Profit-3.39-9.11-2.57-9.94-10.68-0.74-1.78-72.11-2.56-1.37-3.46-11.41-1.76
OPM %-15.64%-18.88%-4.03%-14.60%-47.26%-3.32%-11.99%-896.89%-33.77%-57.32%-182.11%-112.19%-43.46%
Other Income1.121.030.99-139.160.25-72.340.5329.950.053.840.03-92.610.06
Interest11.199.7310.5913.7910.9011.6711.4310.0610.8910.443.54-24.130.00
Depreciation2.982.932.992.962.652.602.582.612.352.292.282.302.10
Profit before tax-16.44-20.74-15.16-165.85-23.98-87.35-15.26-54.83-15.75-10.26-9.25-82.19-3.80
Tax %25.18%25.22%25.20%6.28%25.15%14.52%26.34%28.82%24.32%27.97%24.43%-1.95%24.74%
Net Profit-12.30-15.52-11.34-155.44-17.95-74.67-11.25-39.03-11.92-7.38-6.99-83.80-2.86
EPS in Rs-8.18-10.33-7.55-96.98-11.20-46.59-7.02-24.35-7.44-4.60-4.36-52.29-1.78

Last Updated: April 13, 2024, 9:34 pm

CMI Ltd Quarterly Chart

CMI Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Sales73891051362403075606374982026822
Expenses66819712120726449256445022715341
Operating Profit688143343687348-25-85-19
OPM %9%9%8%11%14%14%12%11%10%-12%-126%-85%
Other Income011225111414-136-42-89
Interest356681429344045441
Depreciation11111110121212109
Profit before tax22392533394110-218-181-117
Tax %9%32%37%31%31%33%34%-8%64%11%21%6%
Net Profit2226172226454-195-143-110
EPS in Rs6.424.705.015.5012.0815.1917.2029.912.46-121.42-89.16-68.69
Dividend Payout %0%0%0%0%8%7%6%3%20%0%0%0%

CMI Ltd Profit & Loss Yearly Chart

CMI Ltd Growth

Compounded Sales Growth
10 Years:-13%
5 Years:-48%
3 Years:-65%
TTM:-65%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:86%
Stock Price CAGR
10 Years:-10%
5 Years:-47%
3 Years:-51%
1 Year:-53%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

CMI Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital344111415151515161616
Reserves8911246491223298299109-33-143
Borrowings273138339890218282280311408381
Other Liabilities1320182649991371211061404561
Total Liabilities51637095225295593717699576436315
Fixed Assets56581717160165171160149132
CWIP000022446333
Investments0000012000000
Other Assets46576487206264428548522412285180
Total Assets51637095225295593717699576436315

CMI Ltd Reserves and Borrowings Chart

CMI Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -43-3-318-17-24-260-34-7614
Cash from Investing Activity -1-1-0-4-11048-11-13-2371615
Cash from Financing Activity 6-1-0893-313630-503253-28
Net Cash Flow11-4120114-146-70

CMI Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days8691819875135148157169245596833
Inventory Days128130138117869910912118128718096
Days Payable6781555667104787780218138363
Cash Conversion Cycle14814016415995129179200270314638566
Working Capital Days15113714715276133161209268377849529
ROCE %17%17%18%25%27%25%21%14%9%-6%-22%-8%

CMI Ltd Financial Efficiency Indicators Chart

CMI Ltd Share Holding Pattern

MonthJun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023
Promoters43.96%43.96%43.96%41.17%41.17%26.99%26.89%26.89%26.86%7.93%0.50%0.50%
FIIs4.04%3.97%3.97%3.51%3.47%2.31%0.81%0.81%0.81%1.01%0.81%0.81%
DIIs2.00%2.00%2.00%1.87%1.87%10.74%10.75%10.75%10.75%23.10%23.10%23.10%
Public50.00%50.07%50.07%53.45%53.49%59.96%61.55%61.55%61.59%67.97%75.58%75.60%
No. of Shareholders12,59212,34311,83611,15811,67014,09914,01416,73416,45717,28717,97217,682

CMI Ltd Shareholding Pattern Chart

No. of CMI Ltd Shareholders

This stock is not held by any mutual fund

CMI Ltd ROCE Trend

CMI Ltd EPS Trend

CMI Ltd Key Financial Ratios

MonthMar 18Mar 17Mar 16Mar 15Mar 10
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)17.1920.7183.517.296.20
Diluted EPS (Rs.)17.1920.6281.717.276.20
Cash EPS (Rs.)24.1427.2076.176.279.51
Book Value[Excl.RevalReserv]/Share (Rs.)158.43139.82124.5332.3119.45
Book Value[Incl.RevalReserv]/Share (Rs.)158.43139.82124.5332.3119.45
Revenue From Operations / Share (Rs.)372.61255.65170.60118.51155.32
PBDIT / Share (Rs.)52.4436.1431.9213.8911.78
PBIT / Share (Rs.)45.4729.2831.0113.128.46
PBT / Share (Rs.)26.2015.3124.507.974.93
Net Profit / Share (Rs.)17.1720.3475.275.506.20
NP After MI And SOA / Share (Rs.)17.1720.3475.275.506.20
PBDIT Margin (%)14.0714.1318.7011.717.58
PBIT Margin (%)12.2011.4518.1711.075.44
PBT Margin (%)7.035.9814.366.723.17
Net Profit Margin (%)4.607.9544.114.643.98
NP After MI And SOA Margin (%)4.607.9544.114.643.98
Return on Networth / Equity (%)10.8314.5560.4417.0331.85
Return on Capital Employeed (%)24.0716.6918.3537.7111.06
Return On Assets (%)4.346.0531.466.645.90
Long Term Debt / Equity (X)0.180.240.350.072.76
Total Debt / Equity (X)0.880.730.620.892.76
Asset Turnover Ratio (%)1.030.971.440.001.56
Current Ratio (X)1.301.291.611.533.01
Quick Ratio (X)0.890.871.150.902.14
Inventory Turnover Ratio (X)3.854.424.920.004.83
Dividend Payout Ratio (NP) (%)5.820.001.260.000.00
Dividend Payout Ratio (CP) (%)4.140.001.240.000.00
Earning Retention Ratio (%)94.180.0098.740.000.00
Cash Earning Retention Ratio (%)95.860.0098.760.000.00
Interest Coverage Ratio (X)2.722.594.882.693.34
Interest Coverage Ratio (Post Tax) (X)1.892.463.922.072.40
Enterprise Value (Cr.)517.86396.50442.46140.9315.19
EV / Net Operating Revenue (X)0.921.051.841.040.31
EV / EBITDA (X)6.577.429.848.864.15
MarketCap / Net Operating Revenue (X)0.570.671.410.810.01
Retention Ratios (%)94.170.0098.730.000.00
Price / BV (X)1.341.231.943.000.06
Price / Net Operating Revenue (X)0.570.671.410.810.01
EarningsYield0.080.110.310.055.16

CMI Ltd Profitability Ratios (%)

CMI Ltd Liquidity Ratios

CMI Ltd Liquidity Ratios (%)

CMI Ltd Interest Coverage Ratios (%)

CMI Ltd Valuation Ratios

Fair Value of CMI Ltd Stock

Fair Value: 181.99

The stock is undervalued by 3,257.81% compared to the current price ₹5.42

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of CMI Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of 11.42%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 265.75, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 250.17, which may not be favorable.
    4. The company has higher borrowings (183.08) compared to reserves (80.00), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (244.75) and profit (-29.33).

    FAQ

    What is the latest fair value of CMI Ltd?

    The latest fair value of CMI Ltd is 181.99.

    What is the Market Cap of CMI Ltd?

    The Market Cap of CMI Ltd is 8.69 Cr..

    What is the current Stock Price of CMI Ltd as on 13 April 2024?

    The current stock price of CMI Ltd as on 13 April 2024 is 5.42.

    What is the High / Low of CMI Ltd stocks in FY 2024?

    In FY 2024, the High / Low of CMI Ltd stocks is ₹13.8/5.15.

    What is the Stock P/E of CMI Ltd?

    The Stock P/E of CMI Ltd is .

    What is the Book Value of CMI Ltd?

    The Book Value of CMI Ltd is 79.3.

    What is the Dividend Yield of CMI Ltd?

    The Dividend Yield of CMI Ltd is 0.00 %.

    What is the ROCE of CMI Ltd?

    The ROCE of CMI Ltd is 8.19 %.

    What is the ROE of CMI Ltd?

    The ROE of CMI Ltd is %.

    What is the Face Value of CMI Ltd?

    The Face Value of CMI Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in CMI Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE