CMM Infraprojects Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2025)

Share Price and Basic Stock Data

Last Updated: January 4, 2025, 1:11 pm

Market Cap	4.39 Cr.
Current Price	2.80
High / Low	5.00/1.60
Stock P/E
Book Value	18.2
Dividend Yield	0.00 %
ROCE	0.75 %
ROE	0.49 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for CMM Infraprojects Ltd

Competitors of CMM Infraprojects Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Mount Housing & Infrastructure Ltd	9.53 Cr.	31.5	31.5/28.6		11.7	0.00 %	8.64 %	1.73 %	10.0
MPDL Ltd	54.5 Cr.	73.6	92.7/31.4		136	0.00 %	3.39 %	6.29 %	10.0
IITL Projects Ltd	32.0 Cr.	64.0	78.1/16.2	9.89	70.7	0.00 %	%	%	10.0
HB Estate Developers Ltd	200 Cr.	103	125/45.8	26.9	80.1	0.00 %	7.00 %	2.39 %	10.0
Hazoor Multi Projects Ltd	1,137 Cr.	57.1	63.9/28.4	13.5	19.5	0.53 %	%	%	1.00
Industry Average	16,716.16 Cr	311.86		36.83	130.14	0.13%	22.62%	26.58%	21.06

All Competitor Stocks of CMM Infraprojects Ltd

Quarterly Result

Month	Mar 2019	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024
Sales	34	20	50	18	34	17	39	55	53	57	76
Expenses	33	19	44	17	29	11	37	55	77	56	75
Operating Profit	1	2	6	1	5	5	2	-0	-25	1	1
OPM %	4%	8%	13%	6%	16%	33%	6%	-1%	-47%	2%	2%
Other Income	2	1	1	2	2	1	0	2	1	0	0
Interest	4	1	5	1	1	4	1	1	1	1	-0
Depreciation	1	1	1	1	5	1	3	3	1	0	1
Profit before tax	-2	0	1	1	1	1	-1	-3	-26	0	1
Tax %	-50%	-171%	-10%	95%	82%	99%	-150%	-3%	-1%	-38%	94%
Net Profit	-1	0	1	0	0	0	0	-3	-26	0	0
EPS in Rs	-0.47	0.12	0.58	0.02	0.11	0.01	0.32	-2.07	-16.29	0.11	0.02

Last Updated: September 12, 2024, 11:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 12, 2024, 11:16 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	85	98	145	179	197	233	98	70	52	56	108	133
Expenses	83	94	138	170	185	212	89	62	45	48	133	131
Operating Profit	3	4	7	9	12	21	9	9	7	8	-25	2
OPM %	3%	4%	5%	5%	6%	9%	10%	12%	13%	14%	-23%	2%
Other Income	1	0	0	0	3	0	2	1	4	1	2	0
Interest	1	2	3	4	4	5	8	6	6	6	5	0
Depreciation	0	1	1	1	2	3	3	2	2	2	2	2
Profit before tax	2	2	3	4	8	14	1	1	2	0	-29	1
Tax %	24%	34%	36%	36%	26%	34%	-7%	-22%	87%	-13%	-1%	67%
Net Profit	1	1	2	2	6	9	1	1	0	1	-29	0
EPS in Rs	4.47	3.85	6.94	8.23	21.14	5.75	0.50	0.70	0.13	0.33	-18.36	0.13
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	100.00%	0.00%	200.00%	50.00%	-88.89%	0.00%	-100.00%	-3000.00%	100.00%
Change in YoY Net Profit Growth (%)	0.00%	100.00%	-100.00%	200.00%	-150.00%	-138.89%	88.89%	-100.00%	-2900.00%	3100.00%

CMM Infraprojects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	6%
3 Years:	37%
TTM:	-6%

Compounded Profit Growth
10 Years:	-15%
5 Years:	-27%
3 Years:	-4%
TTM:	99%

Stock Price CAGR
10 Years:	%
5 Years:	-4%
3 Years:	-41%
1 Year:	-47%

Return on Equity
10 Years:	-2%
5 Years:	-10%
3 Years:	-18%
Last Year:	0%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 3:58 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2023
Equity Capital	3	3	3	3	3	16	16	16	16	16	16
Reserves	12	14	16	19	25	39	40	41	41	42	13
Borrowings	13	22	22	38	43	46	54	46	47	41	75
Other Liabilities	18	26	32	43	36	39	36	29	28	32	44
Total Liabilities	46	65	73	103	106	140	146	131	132	130	147
Fixed Assets	4	10	9	20	26	23	19	15	13	11	7
CWIP	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	1	1	1	0	0	0	0	0	0
Other Assets	42	55	62	82	80	117	127	116	119	119	140
Total Assets	46	65	73	103	106	140	146	131	132	130	147

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-5	-1	6	6	7	3	-1	10	4	19	-35	-4
Cash from Investing Activity +	-0	-7	-1	-12	5	-6	0	4	1	-4	4	1
Cash from Financing Activity +	6	8	-4	11	-14	4	-3	-14	-4	-12	28	6
Net Cash Flow	0	0	1	5	-2	1	-4	0	1	3	-3	3

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-10.00	-18.00	-15.00	-29.00	-31.00	-25.00	-45.00	-37.00	-40.00	-33.00	-25.00	2.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Debtor Days	43	52	55	50	44	72	163	240	287	249
Inventory Days					51	66	189	259	413	348
Days Payable					24	33	57	52	103	117
Cash Conversion Cycle	43	52	55	50	71	105	295	446	598	479
Working Capital Days	101	126	76	92	74	92	254	349	542	428
ROCE %	12%	10%	15%	14%	15%	22%	8%	7%	8%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Sep 2023	Mar 2024
Promoters	35.88%	35.88%	17.48%
Public	64.12%	64.12%	82.52%
No. of Shareholders	812	800	1,117

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.14	-18.36	0.33	0.13	0.70
Diluted EPS (Rs.)	0.14	-18.36	0.33	0.13	0.70
Cash EPS (Rs.)	1.19	-15.38	1.61	1.48	2.16
Book Value[Excl.RevalReserv]/Share (Rs.)	18.36	18.23	36.59	36.26	36.13
Book Value[Incl.RevalReserv]/Share (Rs.)	18.36	18.23	36.59	36.26	36.13
Revenue From Operations / Share (Rs.)	84.98	68.70	35.72	33.13	44.87
PBDIT / Share (Rs.)	1.55	-14.44	5.58	6.44	6.06
PBIT / Share (Rs.)	0.48	-17.41	4.29	5.09	4.60
PBT / Share (Rs.)	0.41	-18.56	0.29	0.98	0.57
Net Profit / Share (Rs.)	0.13	-18.36	0.32	0.12	0.70
PBDIT Margin (%)	1.82	-21.01	15.60	19.44	13.50
PBIT Margin (%)	0.57	-25.34	12.01	15.37	10.25
PBT Margin (%)	0.48	-27.00	0.81	2.98	1.28
Net Profit Margin (%)	0.15	-26.72	0.91	0.38	1.56
Return on Networth / Equity (%)	0.73	-100.71	0.89	0.35	1.94
Return on Capital Employeed (%)	1.51	-61.70	9.18	11.05	10.00
Return On Assets (%)	0.13	-21.14	0.39	0.15	0.83
Long Term Debt / Equity (X)	0.32	0.32	0.14	0.12	0.15
Total Debt / Equity (X)	2.60	2.62	0.71	0.67	0.66
Asset Turnover Ratio (%)	0.00	0.80	0.42	0.39	0.50
Current Ratio (X)	1.16	1.15	1.75	1.77	1.75
Quick Ratio (X)	0.81	0.73	0.96	0.94	1.04
Inventory Turnover Ratio (X)	0.00	2.86	0.00	0.00	0.00
Interest Coverage Ratio (X)	19.94	-12.60	1.39	1.57	1.51
Interest Coverage Ratio (Post Tax) (X)	2.74	-15.03	1.08	1.03	1.18
Enterprise Value (Cr.)	69.45	76.41	44.82	40.50	40.88
EV / Net Operating Revenue (X)	0.52	0.70	0.80	0.77	0.58
EV / EBITDA (X)	28.65	-3.38	5.13	4.01	4.30
MarketCap / Net Operating Revenue (X)	0.01	0.06	0.23	0.14	0.12
Price / BV (X)	0.08	0.23	0.23	0.13	0.15
Price / Net Operating Revenue (X)	0.01	0.06	0.23	0.14	0.12
EarningsYield	0.08	-4.27	0.03	0.02	0.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of CMM Infraprojects Ltd as of January 5, 2025 is: 1.36

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.

As of January 5, 2025, CMM Infraprojects Ltd is Overvalued by 51.43% compared to the current share price 2.80

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of CMM Infraprojects Ltd as of January 5, 2025 is: 0.97

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
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.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of January 5, 2025, CMM Infraprojects Ltd is Overvalued by 65.36% compared to the current share price 2.80

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -28.59%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (121.17 cr) and profit (0.75 cr) over the years.	The stock has a low average ROCE of 9.83%, which may not be favorable. The stock has a high average Working Capital Days of 177.83, which may not be favorable. The stock has a high average Cash Conversion Cycle of 182.83, which may not be favorable. The company has higher borrowings (37.25) compared to reserves (25.17), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CMM Infraprojects Ltd:
1. Net Profit Margin: 0.15%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 1.51% (Industry Average ROCE: 22.62%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0.73% (Industry Average ROE: 26.58%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.74
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.81
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 36.83)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 2.6
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

CMM Infraprojects Ltd. is a Public Limited Listed company incorporated on 27/03/2006 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L45201MP2006PLC018506 and registration number is 018506. Currently Company is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 55.98 Cr. and Equity Capital is Rs. 15.67 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	No.108, Shalimar Corporate Centre, Indore Madhya Pradesh 452001	cmm.kmundra@gmail.com http://www.cmminfra.com

Management
Name	Position Held
Mr. Kishan Mundra	Chairman & Managing Director
Mrs. Laxmi Devi Mundra	Whole Time Director
Mrs. Samta Mundra	Whole Time Director
Mr. Pranjal Dubey	Independent Director

FAQ

What is the latest intrinsic value of CMM Infraprojects Ltd?

The latest intrinsic value of CMM Infraprojects Ltd as on 04 January 2025 is ₹1.36, which is 51.43% lower than the current market price of ₹2.80. The stock has a market capitalization of 4.39 Cr. and recorded a high/low of 5.00/1.60 during the current fiscal year 2024-2025. As of Sep 2023, the company has reserves of ₹13 Cr and total liabilities of ₹147 Cr.

What is the Market Cap of CMM Infraprojects Ltd?

The Market Cap of CMM Infraprojects Ltd is 4.39 Cr..

What is the current Stock Price of CMM Infraprojects Ltd as on 04 January 2025?

The current stock price of CMM Infraprojects Ltd as on 04 January 2025 is 2.80.

What is the High / Low of CMM Infraprojects Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of CMM Infraprojects Ltd stocks is 5.00/1.60.

What is the Stock P/E of CMM Infraprojects Ltd?

The Stock P/E of CMM Infraprojects Ltd is .

What is the Book Value of CMM Infraprojects Ltd?

The Book Value of CMM Infraprojects Ltd is 18.2.

What is the Dividend Yield of CMM Infraprojects Ltd?

The Dividend Yield of CMM Infraprojects Ltd is 0.00 %.

What is the ROCE of CMM Infraprojects Ltd?

The ROCE of CMM Infraprojects Ltd is 0.75 %.

What is the ROE of CMM Infraprojects Ltd?

The ROE of CMM Infraprojects Ltd is 0.49 %.

What is the Face Value of CMM Infraprojects Ltd?

The Face Value of CMM Infraprojects Ltd is 10.0.