CMI Ltd
NSE: CMICABLES BSE: 517330
â‚ą2.37
-0.12 (4.82%)
Sat, 24 Oct 2026, 08:56 pm
Market Cap (in Cr)3.62
PE Ratio0
Dividend0
Producer Manufacturing
Electrical Products
24.5KCMI Analysis
dividend
- Dividends paid are thoroughly covered by earnings (21x coverage).
- CMI's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- CMI's dividend is above the markets top 25% of dividend payers in India (3.08%).
- CMI has only been paying a dividend for 4 years, and since then dividends per share have fallen.
- CMI has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
health
- CMI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- CMI is profitable, therefore cash runway is not a concern.
- CMI is profitable, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 1.8x debt.
- CMI's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (140% vs 87.2% today).
- Debt is not well covered by operating cash flow (12.9%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
- CMI's level of debt (87.2%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- Amit's compensation has been consistent with company performance over the past year, both up more than 20%.
- More shares have been bought than sold by CMI individual insiders in the past 3 months.
- The average tenure for the CMI management team is over 5 years, this suggests they are a seasoned and experienced team.
- The average tenure for the CMI board of directors is less than 3 years, this suggests a new board.
- Amit's remuneration is higher than average for companies of similar size in India.
misc
- CMI is not covered by any analysts.
- CMI has significant price volatility in the past 3 months.
past
- CMI's 1-year earnings growth exceeds its 5-year average (22% vs 5.4%)
- CMI's year on year earnings growth rate has been positive over the past 5 years.
- CMI used its assets more efficiently than the IN Electrical industry average last year based on Return on Assets.
- CMI's earnings growth has exceeded the IN Electrical industry average in the past year (22% vs 11.7%).
- CMI's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- CMI has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- CMI's share price is below the future cash flow value, and at a moderate discount (> 20%).
- CMI's share price is below the future cash flow value, and at a substantial discount (> 40%).
- CMI is good value based on assets compared to the IN Electrical industry average.
- CMI is good value based on earnings compared to the IN Electrical industry average.
- CMI is good value based on earnings compared to the India market.
- NSEI:CMICABLES is up 33.6% outperforming the Electrical industry which returned 9.3% over the past month.
- NSEI:CMICABLES is up 33.6% outperforming the market in India which returned 8% over the past month.
- CMICABLES underperformed the Electrical industry which returned -33.5% over the past year.
- CMICABLES underperformed the Market in India which returned -14.5% over the past year.
