---
title: "CMM Infraprojects Ltd (CMMIPL) — Share Price, Financials & Analysis"
symbol: "CMMIPL"
company: "CMM Infraprojects Ltd"
canonical: "https://tapetide.com/stocks/CMMIPL"
isin: "INE289S01013"
nse_symbol: "CMMIPL"
sector: "Industrials"
industry: "Construction"
generated_at: "2026-09-13T18:32:44.503Z"
---

# CMM Infraprojects Ltd (CMMIPL)

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

## Company

- **NSE Symbol:** CMMIPL
- **ISIN:** INE289S01013
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2017-10-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** cmminfra.co.in

## About

Incorporated in 2006, CMM Infraprojects Ltd is 
in the construction and infrastructure business[1]

## Latest Price

- **Price:** ₹2.4
- **Change:** 0 (0%)
- **Open:** ₹2.45
- **Day High:** ₹2.45
- **Day Low:** ₹2.4
- **Previous Close:** ₹2.4
- **Volume:** 0
- **As Of:** 2024-11-29T09:59:59+00:00

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.08 times its book value

### 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 -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 Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | — | 17% | — |
| revenue growth | -10% | -27% | -4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 18 | 34 | 17 | 39 | 55 | 53 | 57 | 76 | 28 | 19 | 21 | 21 |
| Expenses | 17 | 29 | 11 | 37 | 55 | 77 | 56 | 75 | 27 | 19 | 21 | 42 |
| Operating Profit | 1 | 5 | 5 | 2 | 0 | -25 | 1 | 1 | 0 | 0 | 0 | -21 |
| OPM % | 6 | 16 | 33 | 6 | -0.8 | -47 | 1.5 | 1.5 | 0.7 | -0.9 | -1.4 | -104 |
| Other Income | 2 | 2 | 1 | 0 | 2 | 1 | 0 | 0 | 0 | 1 | 0 | 23 |
| Interest | 1 | 1 | 4 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 5 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | 1 | -1 | -3 | -26 | 0 | 1 | 0 | 1 | 0 | 2 |
| Tax % | 95 | 82 | 99 | -150 | -3 | -1 | -38 | 94 | -21 | 17 | -139 | -535 |
| Net Profit | 0 | 0 | 0 | 0 | -3 | -26 | 0 | 0 | 0 | 1 | 0 | 10 |
| EPS in Rs | 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

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 197 | 233 | 98 | 70 | 52 | 56 | 108 | 133 | 46 | 42 |
| Expenses | 185 | 212 | 89 | 62 | 45 | 48 | 133 | 131 | 46 | 63 |
| Operating Profit | 12 | 21 | 9 | 9 | 7 | 8 | -25 | 2 | 0 | -22 |
| OPM % | 6 | 9 | 10 | 12 | 13 | 14 | -23 | 1.5 | 0.1 | -52 |
| Other Income | 3 | 0 | 2 | 1 | 4 | 1 | 2 | 0 | 1 | 23 |
| Interest | 4 | 5 | 8 | 6 | 6 | 6 | 5 | 0 | 0 | 0 |
| Depreciation | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 0 |
| Profit before tax | 8 | 14 | 1 | 1 | 2 | 0 | -29 | 1 | 0 | 1 |
| Tax % | 26 | 34 | -7 | -22 | 87 | -13 | -1 | 67 | 11 | -710 |
| Net Profit | 6 | 9 | 1 | 1 | 0 | 1 | -29 | 0 | 0 | 10 |
| EPS in Rs | 21.14 | 5.75 | 0.5 | 0.7 | 0.13 | 0.33 | -18.36 | 0.13 | 0.2 | 6.57 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 25 | 39 | 40 | 41 | 41 | 42 | 13 | 13 | 13 | 24 |
| Borrowings | 43 | 46 | 54 | 46 | 47 | 41 | 75 | 75 | 71 | 0 |
| Other Liabilities | 36 | 39 | 36 | 29 | 28 | 32 | 33 | 51 | 44 | 16 |
| Total Liabilities | 106 | 140 | 146 | 131 | 132 | 130 | 136 | 155 | 144 | 56 |
| Fixed Assets | 26 | 23 | 19 | 15 | 13 | 11 | 8 | 6 | 6 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 80 | 117 | 127 | 116 | 119 | 119 | 128 | 149 | 138 | 55 |
| Total Assets | 106 | 140 | 146 | 131 | 132 | 130 | 136 | 155 | 144 | 56 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 7 | 3 | -1 | 10 | 4 | 19 | -35 | -4 | -2 | 15 |
| Cash from Investing Activity | 5 | -6 | 0 | 4 | 1 | -4 | 4 | 1 | 1 | 19 |
| Cash from Financing Activity | -14 | 4 | -3 | -14 | -4 | -12 | 28 | 6 | -2 | -34 |
| Net Cash Flow | -2 | 1 | -4 | 0 | 1 | 3 | -3 | 3 | -3 | 0 |
| Free Cash Flow | 0 | 2 | 0 | 11 | 4 | 19 | -33 | -4 | -2 | 19 |
| CFO/OP | 76 | 33 | -15 | 116 | 64 | 248 | 140 | -194 | -7733 | -71 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 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 | 71 | 105 | 295 | 446 | 598 | 479 | 245 | 202 | 597 | 245 |
| Working Capital Days | 37 | 51 | 137 | 198 | 264 | 215 | 30 | 23 | 103 | 269 |
| ROCE % | 15 | 22 | 8 | 7 | 8 | 7 | -24 | 1 | 0 | -29 |

## Shareholding Pattern

### annual

| Category | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 35.88% | 17.48% | 1.04% | 1.04% |
| Public | 64.12% | 82.52% | 98.96% | 98.96% |
| No. of Shareholders | 812 | 1117 | 1414 | 1415 |

### Quarterly

| Category | Mar 2023 | Sep 2023 | Mar 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 35.88% | 35.88% | 17.48% | 1.04% | 1.04% | 1.04% | 1.04% |
| Public | 64.12% | 64.12% | 82.52% | 98.96% | 98.96% | 98.96% | 98.96% |
| No. of Shareholders | 812 | 800 | 1117 | 1401 | 1414 | 1415 | 1415 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5.14 | Sell |
| EMA (10) | 5.03 | Sell |
| SMA (20) | 5.42 | Sell |
| EMA (20) | 5.21 | Sell |
| SMA (50) | 5.4 | Sell |
| EMA (50) | 5.39 | Sell |
| SMA (100) | 5.67 | Sell |
| EMA (100) | 5.64 | Sell |
| SMA (200) | 6.44 | Sell |
| EMA (200) | 5.67 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.85 | Neutral |
| MACD (12,26,9) | -0.17 | Sell |
| Stochastic (14,3,3) | 7.01 | Buy |
| ADX (14) | 18.68 | Neutral |
| Williams %R (14) | -91.12 | Buy |
| ATR (14) | 0.48 | High Volatility |
| ROC (12) | -16.06 | Sell |
| Stoch RSI (14) | 5.93 | Buy |
| UO (7,14,28) | 31.99 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - CMM Infraprojects Limited has informed regarding Outcome of Board Meeting held on March 09, 2026. | [Outcome of Board Meeting 9 March 2026 - CMM Infraprojects Limited has informed regarding Outcome of Board Meeting held on March 09, 2026.](https://nsearchives.nseindia.com/corporate/CMMIPL_09032026124222_NSE_Outcome_BM_09March2026_SIGNED.pdf) |
| 9 Jul - Exchange had sought clarification from CMM Infraprojects Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On … | [Reply to Clarification- Financial results 9 Jul - Exchange had sought clarification from CMM Infraprojects Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …](https://nsearchives.nseindia.com/corporate/CMMIPL_03072026135425_Clarification_financial_results_upload.pdf) |
| 8 Sep - Record date for the purpose of 21st Annual General Meeting is 23-Sept-2026. | [Record Date 8 Sep - Record date for the purpose of 21st Annual General Meeting is 23-Sept-2026.](https://nsearchives.nseindia.com/corporate/CMMIPL_08092026131530_Book_closure_Intimtion.pdf) |
| 8 Jul - Regulation 74(5) certificate confirms demat processing for quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Regulation 74(5) certificate confirms demat processing for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/CMMIPL_08072026122933_IntimationunderReg74_5__30062026_final.pdf) |
| 7 Sep - FY2025-26 annual report notice; AGM on Sept 30, 2026, with remote e-voting and share transfer closure. | [Shareholders meeting 7 Sep - FY2025-26 annual report notice; AGM on Sept 30, 2026, with remote e-voting and share transfer closure.](https://nsearchives.nseindia.com/corporate/CMMIPL_07092026145239_Notice_nse_upload_FY_25-26.pdf) |
| 7 November 2025 - CMM Infraprojects Limited has informed about filing of Interim Appication before Hon'ble NCLT | [General Updates 7 November 2025 - CMM Infraprojects Limited has informed about filing of Interim Appication before Hon'ble NCLT](https://nsearchives.nseindia.com/corporate/CMMIPL_07112025133214_Intimation_NCLTinterimapplication.pdf) |
| 5 December 2025 - Dec 4 investor meeting: H1 FY26 revenue ₹41.5cr (82%); EBITDA ₹3.8cr; PAT ₹3.83cr; Brahma 200+ printers; Vinglits launch. | [Analysts/Institutional Investor Meet/Con. Call Updates 5 December 2025 - Dec 4 investor meeting: H1 FY26 revenue ₹41.5cr (82%); EBITDA ₹3.8cr; PAT ₹3.83cr; Brahma 200+ printers; Vinglits launch.](https://nsearchives.nseindia.com/corporate/WOL3D_05122025182856_Samruddhi_82.pdf) |
| 4 Sep - CMM Infraprojects Limited has informed regarding Outcome of Board Meeting held on September 04, 2026. | [Outcome of Board Meeting 4 Sep - CMM Infraprojects Limited has informed regarding Outcome of Board Meeting held on September 04, 2026.](https://nsearchives.nseindia.com/corporate/CMMIPL_04092026181253_NSE_Outcome_BM_040926_final.pdf) |
| 4 Jun - Board approved audited FY26 results on 30 May 2026; net profit Rs 1,029.83 lakh, exceptional gain Rs 2,125.82 lakh. | [Updates 4 Jun - Board approved audited FY26 results on 30 May 2026; net profit Rs 1,029.83 lakh, exceptional gain Rs 2,125.82 lakh.](https://nsearchives.nseindia.com/corporate/CMMIPL_04062026122407_outcome_merged__OCR.pdf) |
| 31 March 2026 - CMM Infraprojects Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 | [Trading Window 31 March 2026 - CMM Infraprojects Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015](https://nsearchives.nseindia.com/corporate/CMMIPL_31032026122325_Tradingwindowclosure_310326_CMM.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/WOL3D_18112025181459_Initimation_NSE_Investors_Presentation_NOV_2025_74.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/WOL3D_29052025152806_Letter_for_Vinglits_Brand_launch_with_investor_presentation_40_.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://nsearchives.nseindia.com/corporate/WOL3D_22032025103112_Letter_for_New_Branch_WOL3D_with_Earning_presentation__19__.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://nsearchives.nseindia.com/corporate/WOL3D_04072025184403_Final_Transcript_for_H2_.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28935_WOL3D_2024_2025_A_14159342_08092025183309.pdf) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21590_CMMIPL_2021_2022_07092022160852_09072022170012.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19639_CMMIPL_2020_2021_07092021182831_09072021190019.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17499_CMMIPL_2019_2020_07092020141859_07092020150007.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15976_CMMIPL_2018_2019_09092019184238_09092019190006.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14112_CMMIPL_2017_2018_05102018180927.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:32:44.503Z.
