Chaman Metallics share price & results
- Mar 2026
- Sept 2026
Chandrapur (Maharashtra)-based manufacturer of sponge iron (DRI), now expanding into MS billets, ferro alloys and captive power under GR Group of Industries.
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 | 345 | +325.9% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 8.0 | +1.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | -2.0 | −150.0% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | −12.6 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -9.61 | +122.9 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | +223.5 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −26.0% 1Y
1Y: ₹151 on 24 Oct 2025 → ₹111.7. High ₹175.15 (7 Nov 2025), low ₹90 (18 Mar 2026).
- Previous close
- ₹110.05
- Market cap
- ₹270 Cr
- 52-week range
- ₹90 – ₹175.15
- One year
- −28.65%
- Return on equity (FY ending Mar 2026)
- -2.06%
Overview
- Symbol
- NSE:CMNL
- Sector
- Metals & Mining
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What Chaman Metallics does
Based on the company's own presentations, annual report and earnings calls.
Chaman Metallics Limited, part of Raipur-based GR Group of Industries, manufactures Direct Reduced Iron (sponge iron) at its Chandrapur, Maharashtra facility using two rotary kilns, supplying induction-furnace and electric-arc-furnace steelmakers primarily in Maharashtra and Chhattisgarh. Dolochar and iron-ore fines/dust are sold as by-products. After FY25 year-end (April 2025), the company commissioned a capacity-expansion project adding MS billets (induction furnace), ferro alloys (submerged arc furnace) and a captive power plant, moving from a single-product sponge-iron unit toward a more integrated steel operation.
Segments
- Sponge Iron (DRI)
- MS Billets
- Ferro Alloys
- Captive Power
- Sponge iron (DRI) capacity
- 1,87,500 TPA post Apr-2025 expansion (up from 72,000 TPA)
- MS Billets capacity (Induction Furnace/SMS)
- 1,98,000 TPA, commissioned Apr 2025
- Ferro Alloys capacity (Submerged Arc Furnace)
- 29,403 TPA, commissioned Apr 2025
- Captive power generation capacity
- 30 MW (12 MW WHRB + 18 MW AFBC)
- Manufacturing facility land
- 63 acres, Chandrapur, Maharashtra
- Rotary kilns (sponge iron)
- 2 (2 x 100 MTPD)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −150% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2022 | Mar 2023 | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 111 | 116 | 92 | 97 | 91 | 81 | 197 | 345 |
| Expenses | 101 | 100 | 80 | 91 | 82 | 75 | 185 | 317 |
| Operating profit | 10 | 16 | 12 | 6 | 10 | 6 | 12 | 28 |
| Operating margin | 9.0% | 14.0% | 14.0% | 6.0% | 10.0% | 7.0% | 6.0% | 8.0% |
| Other income | 0 | 1 | 1 | 1 | 1 | 1 | 0 | -2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 11 | 19 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 10 |
| Profit before tax | 9 | 14 | 12 | 4 | 8 | 5 | -3 | -2 |
| Tax rate | 24.0% | 29.0% | 25.0% | 19.0% | 24.0% | 29.0% | −20.0% | −20.0% |
| Net profit | 7 | 10 | 9 | 4 | 6 | 4 | -3 | -2 |
| EPS (₹ per share) | 3.84 | 4.26 | 3.71 | 1.48 | 2.56 | 1.50 | -1.06 | -0.67 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 8 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 30 | 53 | 66 | 75 | 73 | 71 |
| Borrowings | 25 | 22 | 130 | 358 | 444 | 440 |
| Other liabilities | 11 | 18 | 23 | 43 | 79 | 109 |
| Total liabilities | 74 | 116 | 242 | 501 | 620 | 644 |
| Fixed assets | 27 | 29 | 29 | 27 | 326 | 443 |
| Capital work in progress | 2 | 5 | 120 | 338 | 99 | 0 |
| Investments | 1 | 0 | 0 | 0 | 2 | 0 |
| Other assets | 44 | 83 | 93 | 136 | 193 | 201 |
| Total assets | 74 | 116 | 242 | 501 | 620 | 644 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 8 | -6 | 12 | 20 | -52 | 46 |
| Cash from investing | -1 | -3 | -6 | -149 | -175 | -99 |
| Cash from financing | -8 | 9 | 16 | 106 | 227 | 53 |
| Net cash flow | -1 | 0 | 22 | -22 | 0 | 0 |
| Free cash flow | 7 | -8 | 7 | -132 | -227 | -52 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 12 | 24 | 17 | 4 | 2 | 6 |
| Inventory days | 50 | 44 | 32 | 34 | 102 | 81 |
| Days payable | 38 | 12 | 22 | 36 | 56 | 58 |
| Cash conversion cycle | 24 | 55 | 26 | 2 | 49 | 30 |
| Working capital days | 9 | 38 | 43 | 28 | 25 | -5 |
| Return on capital employed | 22.0% | 27.0% | 32.0% | 11.0% | 4.0% | 5.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Steel contributes 78.1% of reported segment revenue.
Year ended 31 Mar 2026 · Standalone
- Steel 78.1%
₹506.18 crore
- Ferro 15.1%
₹97.96 crore
- Power 6.7%
₹43.68 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Steel | 506.18 | 78.1% |
| Ferro | 97.96 | 15.1% |
| Power | 43.68 | 6.7% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹647.82 crore
- Intersegment adjustment
- ₹106.55 crore
- Net segment revenue
- ₹541.27 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Promoters hold 75.00% as of Sept 2026; institutions added 0.44 pts since Mar 2026.
- Promoters 75.00%
- Domestic institutions 0.44%
- Public 24.56%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.27% held
- +0.08 pp 0.69% held
- +0.05 pp 0.66% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Chaman Metallics above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 42.67% | unchanged | |
| 14.30% | unchanged | |
| 14.17% | unchanged | |
| 5.20% | −1.70 pp | |
| 1.27% | newly disclosed | |
| 0.69% | +0.08 pp | |
| 0.66% | +0.05 pp | |
| 0.61% | unchanged | |
| 0.61% | unchanged |
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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