Chaman Metallics (CMNL)₹109.00+0.97%Sponge Iron
In the Mar 2026 quarter (standalone), Chaman Metallics reported sales of ₹344 Cr, up 325.6% from Mar 2025, and net profit of −₹2.01 Cr, down 150.1% year on year. For the year to Mar 2026, sales were ₹539 Cr and net profit −₹4.01 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 116 | 91.69 | 96.66 | 90.68 | 80.74 | 196 | 344 |
| Expenses | 100 | 80.11 | 91.19 | 82.12 | 75.15 | 185 | 318 |
| Operating Profit | 16.03 | 12.02 | 6.01 | 10.02 | 6.01 | 12.01 | 28.06 |
| OPM % | 14.0% | 14.0% | 6.0% | 10.0% | 7.0% | 6.0% | 8.0% |
| Other Income | 1.01 | 1.01 | 0.99 | 1.01 | 0.99 | 0.00 | −2.01 |
| Interest | 1.01 | 1.01 | 1.01 | 1.01 | 0.00 | 11.03 | 19.07 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 5.02 | 10.04 |
| Profit before tax | 13.95 | 11.97 | 3.99 | 7.97 | 4.98 | −2.99 | −1.99 |
| Tax % | 29.1% | 25.1% | 19.1% | 24.1% | 29.1% | −19.9% | −20.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.40 |
| Net Profit | 10.01 | 9.02 | 4.01 | 6.01 | 4.01 | −3.01 | −2.01 |
| EPS (Rs) | 4.25 | 3.70 | 1.47 | 2.55 | 1.49 | −1.05 | −0.66 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 10.96 | 57.81 | 141 | 184 | 227 | 188 | 171 | 539 |
| Expenses | 0.00 | 10.01 | 58.08 | 130 | 170 | 202 | 171 | 157 | 502 |
| Operating Profit | 0.00 | 1.01 | 0.00 | 11.03 | 15.03 | 26.04 | 18.04 | 15.03 | 40.08 |
| OPM % | — | 8.0% | 0.0% | 8.0% | 8.0% | 11.0% | 10.0% | 9.0% | 7.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.99 | 1.99 | −1.01 |
| Interest | 0.00 | 0.00 | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 29.11 |
| Depreciation | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 14.05 |
| Profit before tax | −1.99 | 0.00 | −1.99 | 6.98 | 11.96 | 22.92 | 15.95 | 12.95 | −4.99 |
| Tax % | −2.0% | −204.9% | −303.9% | 25.1% | 33.1% | 27.1% | 23.1% | 26.1% | −20.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.99 |
| Net Profit | −2.01 | 0.00 | 4.01 | 5.01 | 8.01 | 17.01 | 13.01 | 10.02 | −4.01 |
| EPS (Rs) | −2.21 | 0.51 | 4.66 | 6.61 | 10.36 | 7.08 | 5.18 | 4.04 | −1.72 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.97 | 7.98 | 7.97 | 7.98 | 7.97 | 23.89 | 23.91 | 23.90 | 23.92 |
| Reserves | 13.02 | 13.04 | 16.01 | 21.04 | 29.98 | 52.91 | 66.03 | 75.15 | 71.16 |
| Borrowings | 15.02 | 6.02 | 20.01 | 14.01 | 24.96 | 21.96 | 130 | 358 | 441 |
| Other Liabilities | 7.96 | 3.99 | 10.96 | 15.91 | 10.94 | 17.91 | 22.90 | 42.80 | 108 |
| Total Liabilities | 43.97 | 31.03 | 53.95 | 58.94 | 73.85 | 116 | 242 | 501 | 644 |
| Fixed Assets | 24.03 | 23.04 | 26.05 | 26.04 | 27.01 | 29.02 | 29.01 | 27.05 | 442 |
| CWIP | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 5.01 | 120 | 339 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 2.01 |
| Other Assets | 17.93 | 5.98 | 24.89 | 30.89 | 43.82 | 82.64 | 92.59 | 136 | 200 |
| Inventories | 6.98 | 1.99 | 15.96 | 15.96 | 17.96 | 14.96 | 12.95 | 35.90 | 96.64 |
| Trade receivables | 6.98 | 0.99 | 2.99 | 4.99 | 11.96 | 10.96 | 1.99 | 0.99 | 8.97 |
| Cash & equivalents | 0.00 | 0.99 | 1.99 | 1.99 | 0.00 | 23.93 | 0.00 | 0.00 | 0.00 |
| Total Assets | 43.97 | 31.03 | 53.95 | 58.94 | 73.85 | 116 | 242 | 501 | 644 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 9.97 | −5.98 | 7.98 | −5.99 | 11.98 | 19.94 | −51.87 | 45.90 |
| Cash from investing activity | 0.00 | −6.02 | −1.01 | −3.01 | −6.01 | −149 | −175 | −99.27 |
| Cash from financing activity | −9.97 | 12.96 | −7.97 | 8.97 | 15.93 | 106 | 226 | 52.85 |
| Net cash flow | 0.00 | 0.99 | −1.01 | 0.00 | 21.99 | −21.99 | 0.00 | 0.00 |
| Capex | 0.00 | 5.01 | 1.01 | 3.01 | 6.01 | 152 | 176 | 98.03 |
| Free cash flow | 10.01 | −11.02 | 7.02 | −8.01 | 7.01 | −132 | −228 | −52.10 |
| CFO / OP % | 1,116.9% | −64,900.1% | 74.9% | −33.1% | 63.9% | 116.9% | −311.1% | 124.9% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | — | 44 | 17 | 12 | 24 | 17 | 4 | 2 | 6 |
| Inventory days | 13,666 | 147 | 119 | 49 | 43 | 31 | 33 | 101 | 80 |
| Days payable | 2,028 | 23 | 63 | 38 | 12 | 22 | 36 | 56 | 58 |
| Cash conversion cycle | — | 170 | 73 | 24 | 55 | 26 | 2 | 49 | 30 |
| Working capital days | — | 139 | 27 | 9 | 38 | 43 | 28 | 25 | −5 |
| ROCE % | — | −1.0% | −3.0% | 22.0% | 27.0% | 32.0% | 11.0% | 4.0% | 5.0% |
For the Mar 2026 quarter, Chaman Metallics reported sales of ₹344 Cr, up 325.6% year on year and net profit of −₹2.01 Cr, down 150.1% year on year. The operating margin was 8.0%.
Chaman Metallics' sales for the year to Mar 2026 were ₹539 Cr.
Net profit for the year to Mar 2026 was −₹4.01 Cr. Earnings per share over the same trailing period were ₹−1.72.
Chaman Metallics reported borrowings of ₹441 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹45.90 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹52.10 Cr.