Chaman Metallics Limited

Chaman Metallics Limited (CMNL) is a micro-cap Metals & Mining company valued at ₹277 crore operating in Sponge Iron on the NSE and BSE.

Recent price move

Chaman Metallics Limited last traded at ₹114.9, modestly down 0.09% on the day.

Recent developments

On 2026-03-31, the company reported a net loss of ₹4 crore for the fiscal year, marking a reversal from a net profit of ₹10 crore in the previous year. The latest quarter ended on 2026-03-31, with revenue at ₹345 crore, a loss of ₹2 crore, and a net profit margin of -0.8%. The company's debt to equity ratio remains at 4.62, indicating a highly leveraged position.

Financial performance

The company's revenue surged 214.7% annually, driven by a sharp increase in the latest quarter, which saw revenue jump 325.9% compared to the same quarter a year earlier. However, net profit swung from a profit of ₹10 crore to a loss of ₹4 crore annually, and the latest quarter recorded a loss of ₹2 crore, down from a profit of ₹4 crore in the same quarter a year ago. The net profit margin deteriorated to -0.8% from 5.8% a year earlier, and return on equity turned negative to -4.4%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 2.92 times book value.

Things to watch

The company reported a net loss of ₹4 crore in the latest fiscal year, reversing a previous net profit of ₹10 crore. The net profit margin has deteriorated to -0.8%, down 6.6 percentage points from 5.8% a year earlier. The debt to equity ratio stands at 4.62, indicating a highly leveraged position that could pose financial risk.

Where it stands

The company's revenue has grown rapidly, with a 214.7% annual increase and a 325.9% jump in the latest quarter, but net profit has turned negative, with a loss of ₹4 crore in the latest fiscal year. The net profit margin has collapsed to -0.8%, and the debt to equity ratio remains at 4.62. The stock is 35.8% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.