CMICABLES share price & results
- Mar 2026
- Mar 2023
Delhi-based manufacturer of speciality and power cables (railway signalling, fire-survival, telecom, HV/EHV) with plants in Faridabad and Baddi, currently under Corporate Insolvency Resolution Process.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 14.7 | +9.4% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | -9.6 | −5.6 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | -3.5 | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | −4.0 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | +1.8 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | −9.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −39.4% 1Y
1Y: ₹3.55 on 20 Oct 2025 → ₹2.15. High ₹5.74 (5 Jan 2026), low ₹2.15 (26 Oct 2026).
- Previous close
- ₹2.26
- Market cap
- ₹4 Cr
- 52-week range
- ₹2.15 – ₹5.74
- One year
- −42.20%
Overview
- Symbol
- NSE:CMICABLES
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What CMICABLES does
Based on the company's own presentations, annual report and earnings calls.
CMI Limited manufactures a wide range of specialty and general-purpose wires and cables — including railway signalling and quad cables, fire survival/fire-retardant (FRLS/LSZH) cables, telecom (PIJF) cables, control and instrumentation cables, and EHV/HV/MV/LV power cables and overhead conductors — supplying railways, metro rail, power, telecom, and oil & gas/petrochemical customers in India and abroad. Manufacturing is carried out at its Faridabad (Haryana) plant, with an additional Baddi (Himachal Pradesh) greenfield facility acquired from General Cable Corporation, USA. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the NCLT (since July 2023), with board powers suspended and affairs run by a Resolution Professional to keep the company as a going concern.
Segments
- Railway Signalling & Quad Cables
- Power Cables
- Control & Instrumentation Cables
- Telecom Cables
- Fire Survival / Fire Retardant (FRLS/LSZH) Cables
- Export Cables
- Manufacturing plants
- 2 (Faridabad, Haryana – operational; Baddi, Himachal Pradesh – greenfield facility acquired from General Cable Corp., USA, non-operational in FY24-25)
- Export markets
- ~22 countries incl. Bhutan, Bangladesh, Dubai, Egypt, Germany, Kuwait, Malaysia, Nepal, Nigeria, Qatar, Singapore, Sri Lanka, UK, Zambia
- Cable product types manufactured
- 15+ distinct cable/wire types across segments
- Quality certifications
- ISO 9001, ISO 14001, BS ISO 45001
- In-house R&D & testing facility
- 1 (Faridabad – electrical, mechanical, thermal and fire testing)
- Marquee institutional clients
- Indian Railways, DMRC, ISRO, BHEL, NTPC, Ircon International, L&T, IOCL, EIL, Alstom T&D India, Vizag Steel Plant, Numaligarh Refinery, Satish Dhawan Space Research Centre, Siemens Information Processing
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2009 to Mar 2018).
Financials
What the filings say
Net profit, year on year: −22% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 30 | 44 | 13 | 14 | 15 | 12 | 15 |
| Expenses | 17 | 32 | 46 | 14 | 13 | 18 | 12 | 16 |
| Operating profit | -2 | -2 | -2 | -1 | 0 | -3 | -0 | -1 |
| Operating margin | −10.8% | −7.7% | −5.2% | −4.0% | 3.1% | −18.6% | −0.2% | −9.6% |
| Other income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 4 | 6 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -4 | -6 | -8 | -3 | -1 | -5 | -2 | -3 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | -4 | -6 | -8 | -3 | -1 | -5 | -2 | -3 |
| EPS (₹ per share) | -2.20 | -3.95 | -5.10 | -1.78 | -0.80 | -2.99 | -1.12 | -2.18 |
| Line item | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 378 | 560 | 22 | 49 | 103 | 55 |
| Expenses | 329 | 484 | 41 | 52 | 110 | 59 |
| Operating profit | 49 | 76 | -19 | -2 | -7 | -4 |
| Other income | 5 | 3 | -89 | 1 | 1 | 1 |
| Interest | 21 | 29 | 1 | 1 | 1 | 1 |
| Depreciation | 10 | 10 | 9 | 15 | 14 | 7 |
| Profit before tax | 23 | 39 | -117 | -17 | -21 | -11 |
| Net profit | 30 | 26 | -110 | -14 | -21 | -11 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | -33 | -143 | -152 | -162 | -169 | -174 |
| Borrowings | 408 | 381 | 381 | 381 | 382 | 382 |
| Other liabilities | 45 | 61 | 74 | 68 | 66 | 73 |
| Total liabilities | 436 | 315 | 320 | 303 | 296 | 297 |
| Fixed assets | 149 | 132 | 124 | 116 | 112 | 108 |
| Capital work in progress | 3 | 3 | 3 | 3 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 285 | 180 | 193 | 184 | 181 | 186 |
| Total assets | 436 | 315 | 320 | 303 | 296 | 297 |
| Line item | Mar 2009 | Mar 2010 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|
| Cash from operations | — | — | -3 | 18 | -17 | -24 |
| Cash from investing | — | — | -4 | -110 | 48 | -11 |
| Cash from financing | — | — | 8 | 93 | -31 | 36 |
| Net cash flow | — | — | 1 | 2 | 0 | 1 |
| Free cash flow | — | — | -7 | 12 | -18 | -37 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 245 | 596 | 833 | 683 | 345 | 359 |
| Inventory days | 287 | 180 | 96 | 176 | 68 | 81 |
| Days payable | 218 | 138 | 363 | 580 | 250 | 281 |
| Cash conversion cycle | 314 | 638 | 566 | 279 | 164 | 159 |
| Working capital days | -75 | -1059 | -5222 | -4387 | -2227 | -2349 |
| Return on capital employed | −6.0% | −22.0% | −8.0% | −4.0% | −4.0% | −5.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Public hold 75.60% as of Mar 2023; institutions added 0.00 pts since Dec 2022.
- Promoters 0.50%
- Foreign institutions 0.81%
- Domestic institutions 23.10%
- Public 75.60%
Who bought this quarter
since Dec 2022
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.87% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2023 filing
Every holder of CMICABLES above SEBI's 1% disclosure line, and what changed since Dec 2022.
| Holder | Stake | Change |
|---|---|---|
| Bank | 12.35% | unchanged |
| Bank | 10.75% | unchanged |
| 6.15% | unchanged | |
| 1.87% | newly disclosed | |
| 1.21% | unchanged | |
| 1.01% | unchanged | |
| 0.50% | unchanged | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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