---
title: "Chamak Holdings (1273228) Financials & Shareholding"
symbol: "1273228"
company: "Chamak Holdings Ltd"
canonical: "https://tapetide.com/stocks/1273228"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-11-05T02:05:42.040Z"
---

# Chamak Holdings (1273228)

Canonical page: https://tapetide.com/stocks/1273228

## Key Facts

- **Revenue, Sep 2023 quarter:** under ₹0.01 Cr, against ₹5.52 Cr in Sep 2022
- **Net profit, Sep 2023 quarter:** -₹0.06 Cr, against ₹0.21 Cr in Sep 2022
- **Promoter holding:** 74.75% in Sep 2023, a change of +0.14 percentage points from Jun 2023

## Company

- **Macro sector:** Services
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Basic industry:** Trading & Distributors
- **In the F&O segment:** No

## Peer Comparison

Classification: Services › Commercial Services & Supplies › Trading & Distributors

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [Redington Ltd (REDINGTON)](https://tapetide.com/stocks/REDINGTON) | ₹366.75 | 16.85 | ₹26,244 Cr | 2.82 | 1.79% | 16.90% | 18.40% | ₹1,28,133 Cr | ₹1,504 Cr |
| [MMTC Ltd (MMTC)](https://tapetide.com/stocks/MMTC) | ₹53.50 | 17.95 | ₹7,929 Cr | 3.78 | 0.00% | -14.30% | 8.67% | ₹3 Cr | ₹447 Cr |
| [MSTC Ltd (MSTCLTD)](https://tapetide.com/stocks/MSTCLTD) | ₹583.90 | 17.54 | ₹4,034 Cr | 4.55 | 2.78% | 26.60% | 30.30% | ₹386 Cr | ₹234 Cr |
| [Creative Newtech Ltd (CNL)](https://tapetide.com/stocks/CNL) | ₹1,386.60 | 28.27 | ₹1,806 Cr | 5.19 | 0.04% | 18.80% | 18.80% | ₹2,787 Cr | ₹74 Cr |
| [Pervasive Commodities Ltd (PERVASIVE)](https://tapetide.com/stocks/517172) | ₹12.62 | — | ₹1,031 Cr | 12.62 | 0.00% | 22.10% | 22.10% | ₹40 Cr | ₹0 Cr |
| [RRP Defense Ltd (RRPDEFENSE)](https://tapetide.com/stocks/530929) | ₹584.75 | — | ₹802 Cr | 59.31 | 0.00% | -13.70% | -11.10% | ₹12 Cr | -₹2 Cr |
| [Chamak Holdings Ltd](https://tapetide.com/stocks/1273228) (this company) | — | — | — | — | — | 16.10% | 15.70% | ₹36 Cr | — |
| Median of 7 companies | ₹475.33 | 17.74 | ₹2,920 Cr | 4.87 | 0.02% | 16.90% | 18.40% | ₹40 Cr | ₹154 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 2 companies are not shown because they are not listed on an exchange we cover.

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 1.08 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.4%
- Debtor days have improved from 106 to 60.6 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.76% over past five years.
- Contingent liabilities of Rs.4.02 Cr.
- Company's cost of borrowing seems high

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

Annual windows: The latest annual results are more than two years old, so no annual growth is shown.

Trailing twelve months: The latest quarterly results are more than a year old.

## Financial Statements

### Quarterly Results

Results for the period ended Dec 2023 were due by 14 Feb 2024 and are not in this table yet.

Figures in ₹ crore unless the row name gives another unit.

| Item | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 32.07 | 33.35 | 12.45 | 13.26 | 13.84 | 2.95 | 27.18 | 10.68 | 5.52 | 26.46 | 9.53 | 0.02 | 0 |
| Expenses | 30.97 | 33.78 | 11.96 | 13.06 | 13.58 | 3 | 26.68 | 10.43 | 5.35 | 26.12 | 9.08 | 0.3 | 0.22 |
| Operating Profit | 1.1 | -0.43 | 0.49 | 0.2 | 0.26 | -0.05 | 0.5 | 0.25 | 0.17 | 0.34 | 0.45 | -0.28 | -0.22 |
| OPM % | 3.43% | -1.29% | 3.94% | 1.51% | 1.88% | -1.69% | 1.84% | 2.34% | 3.08% | 1.28% | 4.72% | n/m | — |
| Other Income | 0.81 | -0.14 | 0.07 | 0.21 | 0.17 | 0.08 | 0.12 | 0.04 | 0.25 | 0.06 | -0.14 | 0.12 | 0.1 |
| Interest | 0.23 | 0.35 | 0.13 | 0.03 | 0.25 | 0.05 | 0.23 | 0.23 | 0.15 | 0 | 0.31 | 0.02 | -0.01 |
| Depreciation | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 1.67 | -0.94 | 0.42 | 0.37 | 0.17 | -0.03 | 0.38 | 0.05 | 0.26 | 0.39 | -0.01 | -0.19 | -0.12 |
| Tax % | 19.16% | -21.28% | -59.52% | 32.43% | 58.82% | -133.33% | 31.58% | -100% | 19.23% | 23.08% | 100% | 0% | -50% |
| Net Profit | 1.36 | -0.74 | 0.67 | 0.25 | 0.08 | 0 | 0.25 | 0.09 | 0.21 | 0.3 | -0.02 | -0.19 | -0.06 |
| EPS in Rs | 4.19 | -2.28 | 2.06 | 0.77 | 0.25 | 0 | 0.77 | 0.28 | 0.65 | 0.92 | -0.06 | -0.59 | -0.18 |

n/m: Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 0.03 | 0.03 | 0.05 | 0.3 | 0.94 | 24.52 | 57.06 | 69.61 | 59.35 | 77.5 | 57.23 | 52.21 | 36.01 |
| Expenses | 0.03 | 0.03 | 0.02 | 0.29 | 1.14 | 24.29 | 56.27 | 68.5 | 59.31 | 76.32 | 56.32 | 50.96 | 35.72 |
| Operating Profit | 0 | 0 | 0.03 | 0.01 | -0.2 | 0.23 | 0.79 | 1.11 | 0.04 | 1.18 | 0.91 | 1.25 | 0.29 |
| OPM % | 0% | 0% | 60% | 3.33% | -21.28% | 0.94% | 1.38% | 1.59% | 0.07% | 1.52% | 1.59% | 2.39% | 0.81% |
| Other Income | 0 | 0 | 0 | 0.08 | 0.06 | 0.38 | -0.29 | -0.31 | 0.86 | 0.74 | 0.59 | 0.18 | 0.14 |
| Interest | 0 | 0 | 0 | 0 | 0.04 | 0.47 | 0.35 | 0.72 | 0.82 | 0.72 | 0.57 | 0.7 | 0.32 |
| Depreciation | 0 | 0 | 0 | 0 | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 |
| Profit before tax | 0 | 0 | 0.03 | 0.09 | -0.21 | 0.1 | 0.11 | 0.05 | 0.05 | 1.17 | 0.89 | 0.68 | 0.07 |
| Tax % | — | — | 33.33% | 66.67% | 4.76% | 70% | 109.09% | 900% | 280% | -11.11% | 35.96% | 14.71% | — |
| Net Profit | 0 | 0 | 0.02 | 0.03 | -0.22 | 0.03 | -0.01 | -0.41 | -0.1 | 1.29 | 0.58 | 0.57 | 0.03 |
| EPS in Rs | 0 | 0 | 0.82 | 0.09 | -0.68 | 0.09 | -0.03 | -1.26 | -0.31 | 3.98 | 1.79 | 1.76 | 0.09 |
| Dividend Payout % | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 0.25 | 0.25 | 0.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves | -1.09 | -1.09 | -1.07 | -0.15 | -0.37 | -0.63 | -0.43 | -1.92 | -2.48 | -0.91 | 0.51 | 0.44 | 0.49 |
| Borrowings | 0.88 | 0.88 | 1.47 | 1.49 | 2.04 | 11.42 | 3.07 | 0.33 | 0.32 | 11.28 | 8.62 | 1.98 | 1.84 |
| Other Liabilities | 0.01 | 0.03 | 0.05 | 0.12 | 0.72 | 12.18 | 17.3 | 11.65 | 25.48 | 9.75 | 23.31 | 9.12 | 0.84 |
| Total Liabilities | 0.05 | 0.07 | 0.7 | 4.71 | 5.64 | 26.22 | 23.19 | 13.31 | 26.57 | 23.37 | 35.69 | 14.79 | 6.42 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0.26 | 0.22 | 0.19 | 0.16 | 0.12 | 0.09 | 0.19 | 0.15 | 0.12 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 2.54 | 2.78 | 1.71 | 2.88 | 1.84 | 0.88 | 1.38 | 2.05 | 1.37 | 1.76 |
| Other Assets | 0.05 | 0.07 | 0.7 | 2.17 | 2.6 | 24.29 | 20.12 | 11.31 | 25.57 | 21.9 | 33.45 | 13.27 | 4.54 |
| Total Assets | 0.05 | 0.07 | 0.7 | 4.71 | 5.64 | 26.22 | 23.19 | 13.31 | 26.57 | 23.37 | 35.69 | 14.79 | 6.42 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 0 | 0 | -0.01 | -0.06 | -0.02 | -10.17 | 11.42 | 0 | -1.08 | -0.22 | 1.16 | -0.36 |
| Cash from Investing Activity | 0 | 0 | -0.57 | -2.46 | -0.47 | -0.06 | -0.99 | 0 | 1.18 | 0.3 | -0.64 | 0.84 |
| Cash from Financing Activity | 0.01 | 0 | 0.59 | 3.92 | 0.55 | 9.73 | -8.62 | 0 | -0.35 | -0.37 | -0.51 | -0.34 |
| Net Cash Flow | 0 | 0 | 0.01 | 1.39 | 0.06 | -0.49 | 1.82 | 0 | -0.25 | -0.29 | 0.02 | 0.15 |
| Free Cash Flow | 0 | 0 | -0.58 | -0.06 | -0.3 | -10.17 | 11.42 | 0 | -1.08 | -0.22 | 1.01 | -0.36 |
| CFO/OP | — | — | -33 | 0 | -25 | -4,417 | 1,482 | 0 | -2,300 | 1 | 127 | -29 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 487 | 730 | 803 | 219 | 217 | 288 | 38.06 | 12.37 | 127 | 79.26 | 178 | 60.61 |
| Inventory Days | — | — | — | — | 0 | 19.74 | 19.58 | 19.81 | 0 | 0 | 0 | 0 |
| Days Payable | — | — | — | — | — | 183 | 108 | 60.87 | — | — | — | — |
| Cash Conversion Cycle | 487 | 730 | 803 | 219 | 217 | 125 | -50.5 | -28.68 | 127 | 79.26 | 178 | 60.61 |
| Working Capital Days | 365 | 365 | 438 | 85.17 | -62.13 | -20.1 | -31.92 | -24.59 | -25.89 | -14.13 | -22.13 | -11.67 |
| ROCE % | 0% | 0% | 8.7% | 0.38% | -4.42% | 6.01% | 17.06% | 43.97% | 95.27% | 25.56% | 11.08% | 15.73% |

## Shareholding Pattern

The latest pattern on file is for Sep 2023; it may not describe the holding today.

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Promoters | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.75% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.24% |
| Others | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| No. of Shareholders | 519 | 519 | 519 | 519 | 519 | 519 | 519 | 519 | 519 | 519 | 519 | 516 |

### Annual Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Promoters | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.61% | 74.75% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.39% | 25.24% |
| Others | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| No. of Shareholders | 519 | 519 | 519 | 519 | 519 | 519 | 519 | 516 |

## Documents

### Annual reports

| Year | Report |
| --- | --- |
| FY2021 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//71047539600.pdf) |
| FY2020 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//65662539600.pdf) |
| FY2019 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5396000319.pdf) |
| FY2018 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5396000318.pdf) |
| FY2017 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5396000317.pdf) |
| FY2016 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport//5396000316.pdf) |

### Credit ratings

| Date | Document |
| --- | --- |
| 17 Jul 2025 | [Credit rating update — Brickwork Ratings](https://bcrisp.in///BLRHTML/HTMLDocument/ViewRatingRationaleINCNew?id=182378) |
| 2 Aug 2024 | [Credit rating update — Infomerics](https://www.infomerics.com/admin/uploads/pr-Chamak-Holdings-2aug24.pdf) |
| 21 May 2024 | [Credit rating update — Brickwork Ratings](https://bcrisp.in///BLRHTML/HTMLDocument/ViewRatingRationaleINCNew?id=142637) |
| 28 Sep 2023 | [Credit rating update — Infomerics](https://www.infomerics.com/admin/uploads/re-chamak-holdings-28sep23.pdf) |
| 27 Jun 2023 | [Credit rating update — Infomerics](https://www.infomerics.com/admin/uploads/PR-27062023-CHL.pdf) |
| 23 Feb 2023 | [Credit rating update — Brickwork Ratings](https://bcrisp.in///BLRHTML/HTMLDocument/ViewRatingRationaleINCNew?id=102642) |

## Frequently Asked Questions about Chamak Holdings

### What does Chamak Holdings Ltd do?

Chamak Holdings primarily engaged in trading of steel scraps and other material used in Tron and Steel industries.

### Which sector does Chamak Holdings Ltd belong to?

Chamak Holdings Ltd is classified under the Services sector, in the Commercial Services & Supplies industry.

## Company Information

Chamak Holdings primarily engaged in trading of steel scraps and other material used in Tron and Steel industries.

- **Website:** https://chamakholdings.com/
- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:35 IST.