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Chaman Metallics Ltd

Company details

55.50
60.40
55.15
68.00
6M Return 0.00%
1Y Return -11.69%
Mkt Cap.(Cr) 137.69
Volume 258,000
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 258,000

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 38.07 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 10,846.35 -17,022.91
LAST 3M 25,915.29 -5,903.92
LAST 6M 50,214.07 67,090.14
LAST 12M 182,243.81 -105,158.90

INFORMATION

Stock PE (TTM)

14.74

Promoter Holding

73.6%

Book Value

25.8105

ROCE

21.05%

ROE

19.07%

Description

  • Chaman Metallics Limited was originally incorporated as "Chaman Metallics Private Limited" on November 10, 2003. Subsequently, the Company converted into a Public Company at the Extra Ordinary General Meeting held on February 22, 2008 and renamed as "Chaman Metallics Limited" vide a fresh certificate of incorporation dated April 22, 2008, issued by the Registrar of Companies, Maharashtra, Mumbai. The Company is primarily engaged in manufacturing and selling of Direct Reduced Iron (i.e. sponge iron). Sponge iron is mainly used as a raw material for making steel in electric arc furnaces and induction furnaces. Through sponge iron business, the Company cater to the metallic requirements of steel producers in selected geographies. Their manufacturing unit is based at Chandrapur, Maharashtra and is spread across an area of around 63 acres of land. At their sponge iron manufacturing facility, the Company operate two Rotary kilns having an aggregate annual installed capacity of 72,000 MT for production of sponge iron. The strategic location of sponge iron manufacturing facility aids its access to high-quality iron ore, iron ore pellets, coal and dolomite which are the major raw materials for sponge iron manufacturing. During the production of sponge iron, a solid waste is produced as a by-product called dolochar, which is used in manufacturing steel billets, ingots and re-rolled products. The manufacturing facility is equipped with requisite technology and infrastructure including machineries, testing laboratory other handling equipments to facilitate smooth manufacturing process. The key raw materials to produce sponge iron are iron ore/iron ore pellets, coal and dolomite. Sponge iron manufacturing is highly sensitive to raw material characteristics that would help obtain the rated capacity and the desired product quality. To ascertain the suitability of raw materials in a rotary kiln, the Company hase in-house testing laboratory that is responsible for conducting tests on raw materials i.e .coal, iron ore and dolomite to check their chemical and physical properties, to ensure the conformity of product conform with pre-determined standards. The Company commenced their commercial production at Chandrapur factory unit in year, 2005. Thereafter, in 2008 it purchased land in Chandrapur District, within the limits of Grampanchayat, Yerur. The Company was under the control of MSP Group from 2006 to 2019. In 2019, the Company was acquired by Raipur-based GR Group which is in steel business since 1996. The business operations are organized synergistically, through which it derive benefits after their acquisition by GR Group, which operates in various segment of steel i.e. Ferro alloys, Sponge Iron, MS Ingots and re-rolled products. The Company came out with a Public Issue in January, 2023 by raising capital of Rs. 24.21 crores through Fresh Issue.

No Data Found

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 3000
BSE Code : 77903
NSE Code : CMNL
Book Closure Date (Month) :
BSE Group :
ISIN : INE06PV01010

ICICIdirect Chaman Metallics Ltd FAQ

You can buy Chaman Metallics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Chaman Metallics Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 25, 2023 03:40 PM the closing price of Chaman Metallics Ltd was ₹ 57.05.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jan 25, 2023 03:40 PM, the market cap of Chaman Metallics Ltd stood at ₹ 137.69.
The latest PE ratio of Chaman Metallics Ltd as of Jan 25, 2023 03:40 PM is 14.74
The latest PB ratio of Chaman Metallics Ltd as of Jan 25, 2023 03:40 PM is 0.45
The 52-week high of Chaman Metallics Ltd is ₹ 68.00 while the 52-week low is ₹ 55.15

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