📝 CMI Limited — results explained
Quarter ended December 2018 (Q3 FY19)
CMI Limited reported revenue of ₹176 crore for the quarter ended December 2018 (Q3 FY19), up 30.8% from ₹134 crore in the same quarter last year, and up 19.5% sequentially over the September 2018 quarter.
Net profit fell 0.1% year-on-year to ₹7 crore, from ₹7 crore. Earnings per share (EPS) came in at ₹4.55.
Operating profit stood at ₹19 crore — an operating margin (OPM) of 10.8%, compared with 14.3% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY19, CMI Limited posted revenue of ₹451 crore, a decline of 19.4% over FY18, with a net profit of ₹19 crore (down 25.9% year-on-year).
On a trailing-twelve-month (TTM) basis, revenue stands at ₹611 crore with a net profit of ₹26 crore.
Valuation snapshot
At the current price of ₹2.37, CMICABLES has a market capitalisation of ₹4 crore and a trailing P/E of about 0.1.
Within the Cables - Power industry, it is the 10th-largest of the 10 companies we track by market value.
Shareholding pattern
As of Mar 2023, promoters held 0.50%, foreign institutional investors (FIIs) 0.81%, domestic institutional investors (DIIs) 23.10%, public shareholders 75.60% of CMI Limited.