Announcement
Shareholders meeting 1 Oct - No readable announcement content provided.
Source: Nse
Chaman Metallics Ltd. (CMNL)
SME CapMetals stocks · SME cap · NSE
Chaman Metallics Ltd. operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals18 Oct 2026 · screener
Latest result01 Jun, 08:53 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
62Bullishfull bull SMA stack · MACD −
Stock trend: 70
Sector RS: 50
Sector 3M: -4.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
CMNLD candles · FIT view-14.3%Latest close ₹115.65 on 2026-10-19
Bar
+10.1%
RSI
51
MACD hist
-0.28
52W pos
27%
2026-10-19O ₹105.00H ₹115.65L ₹105.00C ₹115.65Vol 3,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
CMNLNifty MetalNifty 500
- CMNL
- +12.6%
- Nifty 500
- -5.6%
- Nifty Metal
- -4.5%
- Vs Nifty 500
- +18.2 pp
Chart stats
19 Oct 2026- From 52W high
- -37.1%
- 52W range position
- 27%
- ATR (14)
- 4.4%
- Volume vs 20D
- 0.30x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹105 - ₹123
₹183.9
₹90 - ₹183.9
₹5.1
Latest completed session
20-session average
47.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · OVERVALUED15
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad25
Revenue +255.7% · PAT -150.0% YoY
Technical
Bullish62
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence46
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Bad · 25/100PAT -150% YoY · Rev +256% YoY · margin expansion · +75% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹345 Cr | +255.7% | +75.1% |
| EBITDA | ₹28 Cr | NDF | +133.3% |
| Operating margin | 8.0% | NDF | +200 bps |
| PAT | ₹-2 Cr | -150.0% | NDF |
| PAT margin | -0.6% | NDF | +94 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 2.91
- EV/EBITDA
- 13.28
- Market Cap
- 277.00Cr
Profitability
- ROE
- -1.81%
- ROCE
- 5.37%
- ROA
- -0.62%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 31.00%
- EPS 5Y
- 13.00%
- Revenue 3Y
- 33.00%
- EPS 3Y
- 18.00%
Balance Sheet
- Debt/Equity
- 4.63
- Interest Coverage
- 1.38×
- Altman Z
- 1.56
- Book Value
- 39.50
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 3/5
- OCF
- 46.00 Cr
- EPS TTM
- -1.73
Shareholding
- Promoter Hold
- 73.60%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 27%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 345+75.1% vs prev
Net Profit
₹ CrLatest: -2.0+33.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 51. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- Recent golden cross (SMA50 crossed above SMA200).
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 51 — sideways, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 37% off 52W high · 29% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
55
RS percentile
Stage 2 UptrendRecent S2
1M return
+0.6%
3M return
+13.4%
6M return
+9.7%
1Y return
-22.9%
RS 1D
+4
RS 20D
+4
Sector rank
#4
Industry rank
#50
Stage evidence
- Price is 5.2% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +0.8%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
06 Oct 2026
S2 age
8 trading sessions
Sector
leading
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
248 observations
19 Oct 2026Value 78.38+1.70%
RS vs Nifty 50078
Valuation & peers
U-Score 15 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 15 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth12/25
Quality0/20
Balance Sheet0/15
Cash Flow3/10
Piotroski
4/9 (+1)
Penalties
-3
Raw sum
15
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
15/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 12/25 to the score.
- Cash flow contributes 3/10 to the score.
- Valuation contributes 2/30 to the score.
Main drags
- Altman Z is 1.6, in distress territory.
- Penalty bucket subtracts 3 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
—
PB
2.9
EV/EBITDA
13.3
ROE
-1.8%
ROCE
5.4%
FCF Yield
—
Debt/Equity
4.6
MoS
—
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 4.6, so downturn resilience matters.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
15
Previous: 15
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
16
16
16
16
16
16
16
16
15
15
15
15
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
41.8
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
PSRAJ
SME
P S Raj Steels Ltd.
Steel
match 89
30
44.4
12.4%
-11%
OVERVALUED
AUSL
SME
Aditya Ultra Steel Ltd.
Steel
match 86
21
14.5
4.0%
-147%
OVERVALUED
SHAH
Small
Shah Metacorp Limited
Steel
match 85
40
23.1
5.2%
+40%
WATCHLIST
NMSTEEL
SME
Newmalayalam Steel Ltd.
Steel
match 84
37
7.1
6.6%
+4%
WATCHLIST
KALANA
SME
Kalana Ispat Ltd.
Steel
match 79
36
23.3
2.2%
+31%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Chaman Metallics Ltd. operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
46Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 3rd percentile of the scored universe and 4th percentile within Metals. Main check: balance sheet trust is weak at 8/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
3rd percentile
overall median 67 · Metals: 4th pctile, median 70 · SME: 3rd pctile, median 64
Evidence depth
Financial-only
1 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
8
weak · leverage and solvency
Discipline
48
watch · capital discipline
Results
27
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 73.6%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Debt/equity is 4.63.
- ▸Altman Z is 1.54.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸Interest coverage is 1.4x.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Chaman Metallics Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentationAug 2026
Aug 2026 · PPT
Source: Nse
Annual report
Annual Report 2026
Source: Nse
Annual report
Annual Report 2025
Source: Nse
Investor presentationOct 2024
Oct 2024 · PPT
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.