CSM Technologies Ltd.
•2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 32.5%
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.0%
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Debtor days have increased from 54 to 89
- Though reporting repeated profits, the company pays out little dividend (9.8%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 357.10 | 12.97 | 2940.10 | 11.47 | 27.70 | 18.65 |
| 12. | CSM | 100.05 | 21.89 | 516.29 | 0.00 | -82.81 | — | 427.03 | — | 24.85 | -17.84 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| 60 | 35 | 60 | 43 | |
| 53 | 45 | 47 | 54 | |
| Operating Profit | — | — | — | — |
| OPM % | — | — | — | — |
| Other Income | 0 | 0 | 1 | 1 |
| Interest | 1 | 2 | 1 | 2 |
| Depreciation | 2 | 2 | 1 | 1 |
| 7 | -10 | 11 | -11 | |
| Tax % | 29.07% | 23.47% | 18.72% | 22.97% |
| Net Profit | 5 | -7 | 9 | -8 |
| 0 | -0 | 0 | -0 | |
| Equity Capital | 6 | 39 | 39 | 39 |
| Reserves | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 6 | 39 | 39 | 39 |
| Reserves | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% |
- 60
- 53
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 7
- Tax %
- 29.07%
- Net Profit
- 5
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 35
- 45
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- -10
- Tax %
- 23.47%
- Net Profit
- -7
- -0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 60
- 47
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 11
- Tax %
- 18.72%
- Net Profit
- 9
- 0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 43
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- -11
- Tax %
- 22.97%
- Net Profit
- -8
- -0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 160 | 197 | 199 | 198 | |
| 133 | 173 | 170 | 200 | |
| Operating Profit | 29 | 26 | 31 | — |
| OPM % | 18 | 13 | 15 | — |
| Other Income | 2 | 2 | 2 | 3 |
| Interest | 2 | 3 | 4 | 6 |
| Depreciation | 4 | 5 | 6 | 6 |
| 23 | 18 | 20 | -2 | |
| Tax % | 30 | 30 | 31 | 28 |
| Net Profit | 16 | 13 | 14 | -1 |
| EPS | 4 | 20 | 22 | — |
| Dividend Payout % | 9 | 11 | 10 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 4 | — |
- 160
- 133
- Operating Profit
- 29
- OPM %
- 18
- Other Income
- 2
- Interest
- 2
- Depreciation
- 4
- 23
- Tax %
- 30
- Net Profit
- 16
- EPS
- 4
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- 197
- 173
- Operating Profit
- 26
- OPM %
- 13
- Other Income
- 2
- Interest
- 3
- Depreciation
- 5
- 18
- Tax %
- 30
- Net Profit
- 13
- EPS
- 20
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 199
- 170
- Operating Profit
- 31
- OPM %
- 15
- Other Income
- 2
- Interest
- 4
- Depreciation
- 6
- 20
- Tax %
- 31
- Net Profit
- 14
- EPS
- 22
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- 198
- 200
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 6
- -2
- Tax %
- 28
- Net Profit
- -1
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 25%
- Last Year:
- 21%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| Equity Capital | 6 | 6 | 6 |
| 44 | 53 | 71 | |
| 2 | 14 | 11 | |
| Trade Payables | 5 | 14 | 15 |
| 28 | 42 | 57 | |
| Total Liabilities | 85 | 129 | 160 |
| ASSETS | - | - | - |
| 28 | 31 | 59 | |
| Capital Work in Progress | 3 | 23 | 0 |
| 0 | 1 | 0 | |
| 0 | 35 | 62 | |
| Cash & Bank | 6 | 6 | 3 |
| 47 | 32 | 36 | |
| Total Assets | 85 | 129 | 160 |
| Total Debt | 6 | 30 | 32 |
| Net Working Capital | 28 | 29 | 42 |
| Contingent Liabilities | 19 | 23 | 30 |
| Book Value per Share | 79.89 | 94.87 | 119.98 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 6 | 30 | 32 |
| Net Working Capital | 28 | 29 | 42 |
| Contingent Liabilities | 19 | 23 | 30 |
| Book Value per Share | 79.89 | 94.87 | 119.98 |
| Face Value | 10.00 | 10.00 | 10.00 |
- Equity Capital
- 6
- 44
- 2
- Trade Payables
- 5
- 28
- Total Liabilities
- 85
- 28
- Capital Work in Progress
- 3
- 0
- 0
- Cash & Bank
- 6
- 47
- Total Assets
- 85
- Total Debt
- 6
- Net Working Capital
- 28
- Contingent Liabilities
- 19
- Book Value per Share
- 79.89
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 28
- Contingent Liabilities
- 19
- Book Value per Share
- 79.89
- Face Value
- 10.00
- Equity Capital
- 6
- 53
- 14
- Trade Payables
- 14
- 42
- Total Liabilities
- 129
- 31
- Capital Work in Progress
- 23
- 1
- 35
- Cash & Bank
- 6
- 32
- Total Assets
- 129
- Total Debt
- 30
- Net Working Capital
- 29
- Contingent Liabilities
- 23
- Book Value per Share
- 94.87
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- 29
- Contingent Liabilities
- 23
- Book Value per Share
- 94.87
- Face Value
- 10.00
- Equity Capital
- 6
- 71
- 11
- Trade Payables
- 15
- 57
- Total Liabilities
- 160
- 59
- Capital Work in Progress
- 0
- 0
- 62
- Cash & Bank
- 3
- 36
- Total Assets
- 160
- Total Debt
- 32
- Net Working Capital
- 42
- Contingent Liabilities
- 30
- Book Value per Share
- 119.98
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- 42
- Contingent Liabilities
- 30
- Book Value per Share
- 119.98
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 17 | 10 | 9 | |
| Cash from Investing | -8 | -32 | -9 |
| Cash from Financing | -6 | 19 | 0 |
| 3 | -3 | 0 | |
| Free Cash Flow | 17 | -20 | -2 |
| OCF / Net Profit | 1.10 | 0.76 | 0.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | 1.10 | 0.76 | 0.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
- 17
- Cash from Investing
- -8
- Cash from Financing
- -6
- 3
- Free Cash Flow
- 17
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 0
- 10
- Cash from Investing
- -32
- Cash from Financing
- 19
- -3
- Free Cash Flow
- -20
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- 0
- 9
- Cash from Investing
- -9
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | 25.13 | 19.93 | 21.95 |
| Book Value (₹) | 79.89 | 94.87 | 119.98 |
| Dividend per Share (₹) | 2.25 | 2.25 | 2.15 |
| Cash EPS (₹) | 5.30 | 4.77 | 5.25 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 18.15% | 12.17% | 14.60% |
| Net Margin % | 9.86% | 6.38% | 7.07% |
| ROE % | 31.45% | 22.80% | 20.60% |
| ROCE % | 44.62% | 28.05% | 24.85% |
| 18.63% | 11.72% | 9.73% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 51 | 54 | 89 |
| Inventory Days | 0 | 0 | 0 |
| Payable Days | 461 | 333 | 959 |
| -410 | -279 | -870 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.11x | 0.50x | 0.42x |
| Interest Coverage (x) | 10.85x | 7.86x | 5.77x |
| 2.18x | 1.65x | 1.80x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | 22.61% | 1.29% |
| Operating Profit Growth % | 0.00% | -11.10% | 19.12% |
| Net Profit Growth % | 0.00% | -20.69% | 12.25% |
| 0.00% | -20.69% | 10.18% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| 0.00x | 1.18x | 1.15x |
- EPS (₹)
- 25.13
- Book Value (₹)
- 79.89
- Dividend per Share (₹)
- 2.25
- Cash EPS (₹)
- 5.30
- Operating Margin %
- 18.15%
- Net Margin %
- 9.86%
- ROE %
- 31.45%
- ROCE %
- 44.62%
- 18.63%
- Debtor Days
- 51
- Inventory Days
- 0
- Payable Days
- 461
- -410
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 10.85x
- 2.18x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 19.93
- Book Value (₹)
- 94.87
- Dividend per Share (₹)
- 2.25
- Cash EPS (₹)
- 4.77
- Operating Margin %
- 12.17%
- Net Margin %
- 6.38%
- ROE %
- 22.80%
- ROCE %
- 28.05%
- 11.72%
- Debtor Days
- 54
- Inventory Days
- 0
- Payable Days
- 333
- -279
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 7.86x
- 1.65x
- Revenue Growth %
- 22.61%
- Operating Profit Growth %
- -11.10%
- Net Profit Growth %
- -20.69%
- -20.69%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.18x
- EPS (₹)
- 21.95
- Book Value (₹)
- 119.98
- Dividend per Share (₹)
- 2.15
- Cash EPS (₹)
- 5.25
- Operating Margin %
- 14.60%
- Net Margin %
- 7.07%
- ROE %
- 20.60%
- ROCE %
- 24.85%
- 9.73%
- Debtor Days
- 89
- Inventory Days
- 0
- Payable Days
- 959
- -870
- Debt to Equity (x)
- 0.42x
- Interest Coverage (x)
- 5.77x
- 1.80x
- Revenue Growth %
- 1.29%
- Operating Profit Growth %
- 19.12%
- Net Profit Growth %
- 12.25%
- 10.18%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.15x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-17 - CSM Technologies Limited has informed the Exchange about Copy of Newspaper Publication dated 15th August, 2026
- Press Release
2026-08-14 - CSM Technologies Limited has informed the Exchange regarding a press release dated August 14, 2026, titled CSM Technologies Reports Q1 FY27 Total Income of ₹43.25 Crore, up 21.2% YoY ".
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026

