CMM Infraprojects
CMM Infraprojects
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Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.08 times its book value
Weaknesses
10- 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 -4.38% over past five years.
- Promoter holding is low: 1.04%
- Company has a low return on equity of -11.4% over last 3 years.
- Contingent liabilities of Rs.215 Cr.
- Company has high debtors of 228 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -34.8%
- Working capital days have increased from 132 days to 269 days
Growth Rate
Quarterly Results
| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 50 | 18 | 34 | 17 | 39 | 55 | 53 | 57 | 76 | 28 | 19 | 21 | 21 |
| Expenses | 44 | 17 | 29 | 11 | 37 | 55 | 77 | 56 | 75 | 27 | 19 | 21 | 42 |
| Operating Profit | 6 | 1 | 5 | 5 | 2 | 0 | -25 | 1 | 1 | 0 | 0 | 0 | -21 |
| OPM % | 13% | 6% | 16% | 33% | 6% | -0.8% | -47% | 1.5% | 1.5% | 0.7% | -0.9% | -1.4% | -104% |
| Other Income | 1 | 2 | 2 | 1 | 0 | 2 | 1 | 0 | 0 | 0 | 1 | 0 | 23 |
| Interest | 5 | 1 | 1 | 4 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 5 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| PBT | 1 | 1 | 1 | 1 | -1 | -3 | -26 | 0 | 1 | 0 | 1 | 0 | 2 |
| Tax % | -10% | 95% | 82% | 99% | -150% | -3% | -1% | -38% | 94% | -21% | 17% | -139% | -535% |
| Net Profit | 1 | 0 | 0 | 0 | 0 | -3 | -26 | 0 | 0 | 0 | 1 | 0 | 10 |
| EPS in Rs | 0.58 | 0.02 | 0.11 | 0.01 | 0.32 | -2.07 | -16.29 | 0.11 | 0.02 | -0.17 | 0.37 | 0.08 | 6.48 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 145 | 179 | 197 | 233 | 98 | 70 | 52 | 56 | 108 | 133 | 46 | 42 |
| Expenses | 138 | 170 | 185 | 212 | 89 | 62 | 45 | 48 | 133 | 131 | 46 | 63 |
| Operating Profit | 7 | 9 | 12 | 21 | 9 | 9 | 7 | 8 | -25 | 2 | 0 | -22 |
| OPM % | 4.8% | 4.8% | 6% | 9% | 10% | 12% | 13% | 14% | -23% | 1.5% | 0.1% | -52% |
| Other Income | 0 | 0 | 3 | 0 | 2 | 1 | 4 | 1 | 2 | 0 | 1 | 23 |
| Interest | 3 | 4 | 4 | 5 | 8 | 6 | 6 | 6 | 5 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 0 |
| PBT | 3 | 4 | 8 | 14 | 1 | 1 | 2 | 0 | -29 | 1 | 0 | 1 |
| Tax % | 36% | 36% | 26% | 34% | -7% | -22% | 87% | -13% | -1% | 67% | 11% | -710% |
| Net Profit | 2 | 2 | 6 | 9 | 1 | 1 | 0 | 1 | -29 | 0 | 0 | 10 |
| EPS in Rs | 6.94 | 8.23 | 21.14 | 5.75 | 0.5 | 0.7 | 0.13 | 0.33 | -18.36 | 0.13 | 0.2 | 6.57 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 16 | 19 | 25 | 39 | 40 | 41 | 41 | 42 | 13 | 13 | 13 | 24 |
| Borrowings | 22 | 38 | 43 | 46 | 54 | 46 | 47 | 41 | 75 | 75 | 71 | 0 |
| Other Liabilities | 32 | 43 | 36 | 39 | 36 | 29 | 28 | 32 | 33 | 51 | 44 | 16 |
| Total Liabilities | 73 | 103 | 106 | 140 | 146 | 131 | 132 | 130 | 136 | 155 | 144 | 56 |
| Fixed Assets | 9 | 20 | 26 | 23 | 19 | 15 | 13 | 11 | 8 | 6 | 6 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 62 | 82 | 80 | 117 | 127 | 116 | 119 | 119 | 128 | 149 | 138 | 55 |
| Total Assets | 73 | 103 | 106 | 140 | 146 | 131 | 132 | 130 | 136 | 155 | 144 | 56 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 6 | 6 | 7 | 3 | -1 | 10 | 4 | 19 | -35 | -4 | -2 | 15 |
| Investing | -1 | -12 | 5 | -6 | 0 | 4 | 1 | -4 | 4 | 1 | 1 | 19 |
| Financing | -4 | 11 | -14 | 4 | -3 | -14 | -4 | -12 | 28 | 6 | -2 | -34 |
| Net Cash Flow | 1 | 5 | -2 | 1 | -4 | 0 | 1 | 3 | -3 | 3 | -3 | 0 |
| Free Cash Flow | 5 | -6 | 0 | 2 | 0 | 11 | 4 | 19 | -33 | -4 | -2 | 19 |
| CFO/OP | 106 | 83 | 76 | 33 | -15 | 116 | 64 | 248 | 140 | -194 | -7,733 | -71 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 50 | 44 | 72 | 163 | 240 | 287 | 249 | 166 | 169 | 429 | 228 |
| Inventory Days | — | — | 51 | 66 | 189 | 259 | 413 | 348 | 113 | 101 | 294 | 22 |
| Days Payable | — | — | 24 | 33 | 57 | 52 | 103 | 117 | 34 | 67 | 127 | 4 |
| Cash Conversion Cycle | 55 | 50 | 71 | 105 | 295 | 446 | 598 | 479 | 245 | 202 | 597 | 245 |
| Working Capital Days | 34 | 49 | 37 | 51 | 137 | 198 | 264 | 215 | 30 | 23 | 103 | 269 |
| ROCE % | 15% | 14% | 15% | 22% | 8% | 7% | 8% | 7% | -24% | 1% | 0% | -29% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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36 extracted metrics + investor summaries across FY15–FY26.
Documents
Frequently Asked Questions about CMM Infraprojects
What does CMM Infraprojects Ltd do?
Where is CMM Infraprojects Ltd (CMMIPL) listed?
Which sector does CMM Infraprojects Ltd belong to?
Company Information
Incorporated in 2006, CMM Infraprojects Ltd is in the construction and infrastructure business[1]
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