MarketFriction

Chaman Metallics Ltd

NSE CMNL · Sponge Iron
₹118.00 +0.98%
NSE close2026-10-01
52 week range90.00 - 183.90
Market cap₹268 Cr.
IPO 2023 · +211% since Price band 20% Delivery 83.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales11111111692979181197345
Expenses10110110080918275185317
Operating Profit1010161261061228
OPM %9%9%14%14%6%10%7%6%8%
Other Income00111110-2
Interest11111101119
Depreciation1111111510
Profit before tax991412485-3-2
Tax %24%24%29%25%19%24%29%-20%-20%
Net Profit77109464-3-2
EPS in Rs8.643.844.263.711.482.561.50-1.06-0.67
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales01158141185228189172541
Expenses01058130170202171157501
Operating Profit-010111526181540
OPM %8%0.0%8%8%11%10%9%7%
Other Income000-01122-1
Interest0012222229
Depreciation1112222214
Profit before tax-2-0-2712231613-5
Tax %-2%-205%-304%25%33%27%23%26%-20%
Net Profit-20458171310-4
EPS in Rs-2.220.524.676.6210.377.095.194.05-1.73
Dividend Payout %0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%31%33%214%
Compounded Profit Growth%%%-118%
Stock Price CAGR%%19%-28%
Return on Equity%13%7%-2%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8888824242424
Reserves131316213053667571
Borrowings15620142522130358440
Other Liabilities84111611182343109
Total Liabilities4431545974116242501644
Fixed Assets2423262627292927443
CWIP2222251203380
Investments000010000
Other Assets1862531448393136201
Total Assets4431545974116242501644
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-010-68-61220-5246
Cash from Investing Activity00-6-1-3-6-149-175-99
Cash from Financing Activity0-1013-891610622753
Net Cash Flow001-1-022-22-00
Free Cash Flow-010-117-87-132-227-52
CFO/OP71%1,117%-64,900%75%-33%64%117%-311%125%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4417122417426
Inventory Days13,6671481205044323410281
Days Payable2,0282363381222365658
Cash Conversion Cycle1707324552624930
Working Capital Days13927938432825-5
ROCE %-1%-3%22%27%32%11%4%5%
Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters73.60%73.60%73.60%73.60%73.60%73.60%73.60%
Public26.40%26.40%26.40%26.40%26.40%26.40%26.40%
No. of Shareholders1,1871,1681,4571,3249831,1691,290

Fundamentals

Market Cap₹ 268 Cr.
Current Price₹ 111
Book Value₹ 39.5
ROCE5.37 %
ROE-1.81 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)214%
Compounded Profit Growth (TTM)-118%
Standalone figures.
Valuation
Market capRs 285 Cr
Enterprise valueRs 643 Cr
P/E (TTM)29.12x
Price to book2.86x
Price to sales1.65x
EV / EBITDA37.43x
EV / EBIT43.31x
EV / sales3.73x
Earnings yield3.43%
P/E, 3-year average20.24x
P/B, 3-year average2.45x
P/E, 5-year average20.24x
P/B, 5-year average2.45x
Profitability
Operating margin (excl. other income)8.82%
Operating margin (incl. other income)9.97%
EBITDA margin9.97%
Pre-tax margin7.68%
Net profit margin5.68%
ROE10.35%
ROCE4.39%
ROA2.63%
ROE, 3-year average18.38%
ROCE, 3-year average15.83%
ROA, 3-year average9.20%
ROE, 5-year average19.94%
ROCE, 5-year average19.04%
ROA, 5-year average9.85%
ROIC (approx.)2.40%
Tax rate26.08%
Other income / net worth1.99%
Growth
Sales growth (latest year)-8.84%
Profit growth (latest year)-21.89%
Sales CAGR, 3 years-2.34%
Sales CAGR, 5 years24.31%
Profit CAGR, 3 years6.09%
Profit CAGR, 5 years21.52%
Per share
EPS (TTM)Rs 4.05
EPS (latest year)Rs 4.05
EPS, 3-year averageRs 5.44
EPS, 5-year averageRs 6.66
Book value per shareRs 41.19
Sales per shareRs 71.34
Cash flow per shareRs -21.49
Free cash flow per shareRs -21.55
Efficiency
Asset turnover0.34x
Fixed asset turnover6.39x
Inventory turnover3.91x
Inventory days93 days
Debtor days2 days
Debtors turnover170.48x
Creditor days58 days
Cash conversion cycle30 days
Working capital days-5 days
Leverage
Total debtRs 358 Cr
Cash and bankRs 0 Cr
Net debtRs 358 Cr
Debt to equity3.60x
Net debt / EBITDA20.85x
Interest coverage9.22x
Owners' fund to total sources19.85%
Debt to assets71.50%
Cash flow
Cash from Operating Activity (latest year)Rs -52 Cr
Cash from Investing Activity (latest year)Rs -175 Cr
Cash from Financing Activity (latest year)Rs 227 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -52 Cr
FCFE (approx.: FCF + change in debt)Rs 177 Cr
Cash from ops / profit, 5 years0.45x
Statement figures
Net sales (TTM)Rs 172 Cr
Net sales (latest year)Rs 172 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 17 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 13 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 10 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 142 Cr
Total expenditure (latest year)Rs 157 Cr
Total income (latest year)Rs 174 Cr
Share capitalRs 24 Cr
ReservesRs 75 Cr
Shareholders' fundsRs 99 Cr
Total assetsRs 501 Cr
Net blockRs 27 Cr
Capital work in progressRs 338 Cr
InvestmentsRs 0 Cr
ReceivablesRs 1 Cr
InventoryRs 36 Cr
Other liabilitiesRs 43 Cr
Shares outstanding (crore)2.41
Ownership
Promoter holding73.60% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 29.1 is at the 85th percentile of its own 3.8-year range (median 21.9, low 9.6, high 32.6).
P/B 2.86 is at the 15th percentile (median 3.95).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodCMNLNifty 50Difference
1 week+5.8%-2.8% +8.6 pts
1 month+2.6%-6.8% +9.4 pts
3 months+17.3%-7.6% +24.9 pts
6 months+23.3%+0.4% +22.9 pts
1 year-20.3%-9.9% -10.4 pts
2 years+52.1%-13.6% +65.6 pts
3 years+78.8%+14.2% +64.6 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -49% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 12% of total assets in 2026
explainDebt up, profit down Borrowings up 176% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 178% vs sales -9% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2026
Sales ₹345 Cr +255.7% vs Mar 2024. Net loss ₹2 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded

Quick answers

What is the market cap of Chaman Metallics Ltd?

Chaman Metallics Ltd (CMNL) has a market capitalisation of Rs 268 Cr. at the 2026-10-01 close.

What were Chaman Metallics Ltd's latest quarterly results?

In the Mar 2026 quarter, Chaman Metallics Ltd sales was Rs 345 Cr (+255.7% vs Mar 2024) with a net loss of Rs 2 Cr.

What is the 52-week high and low of Chaman Metallics Ltd?

The 52-week high is Rs 183.90 and the 52-week low is Rs 90.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03