CSM Technologies Ltd.
•₹ 99.550.18%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 31.9%
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
- Company comfortably covers its interest (6.4x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.32x)
- Debtor days have increased from 55 to 89
* 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 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| 59 | 32 | 58 | 40 | |
| 52 | 44 | 46 | 51 | |
| Operating Profit | — | — | — | — |
| OPM % | — | — | — | — |
| Other Income | 1 | 1 | 1 | 1 |
| Interest | 1 | 2 | 1 | 2 |
| Depreciation | 2 | 2 | 1 | 1 |
| 8 | -12 | 11 | -10 | |
| Tax % | 26.96% | 25.07% | 21.16% | 24.89% |
| Net Profit | 6 | -9 | 8 | -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% |
Mar 2025
- 59
- 52
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 8
- Tax %
- 26.96%
- Net Profit
- 6
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 32
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- -12
- Tax %
- 25.07%
- Net Profit
- -9
- -0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 58
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 11
- Tax %
- 21.16%
- Net Profit
- 8
- 0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 40
- 51
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- -10
- Tax %
- 24.89%
- Net Profit
- -8
- -0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 153 | 193 | 198 | 188 | |
| 129 | 166 | 167 | 193 | |
| Operating Profit | 27 | 29 | 33 | — |
| OPM % | 18 | 15 | 17 | — |
| Other Income | 3 | 2 | 3 | 3 |
| Interest | 2 | 3 | 4 | 6 |
| Depreciation | 1 | 5 | 6 | 6 |
| 24 | 21 | 23 | -4 | |
| Tax % | 27 | 26 | 29 | 32 |
| Net Profit | 17 | 16 | 16 | -2 |
| EPS | 27 | 25 | 26 | — |
| Dividend Payout % | 8 | 9 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 5 | 4 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 5 | 4 | 4 | — |
Mar 2023
- 153
- 129
- Operating Profit
- 27
- OPM %
- 18
- Other Income
- 3
- Interest
- 2
- Depreciation
- 1
- 24
- Tax %
- 27
- Net Profit
- 17
- EPS
- 27
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 193
- 166
- Operating Profit
- 29
- OPM %
- 15
- Other Income
- 2
- Interest
- 3
- Depreciation
- 5
- 21
- Tax %
- 26
- Net Profit
- 16
- EPS
- 25
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 198
- 167
- Operating Profit
- 33
- OPM %
- 17
- Other Income
- 3
- Interest
- 4
- Depreciation
- 6
- 23
- Tax %
- 29
- Net Profit
- 16
- EPS
- 26
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 188
- 193
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 6
- -4
- Tax %
- 32
- Net Profit
- -2
- 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:
- 26%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| Equity Capital | 6 | 6 | 6 |
| 50 | 63 | 83 | |
| 0 | 14 | 11 | |
| Trade Payables | 5 | 13 | 15 |
| 26 | 36 | 51 | |
| Total Liabilities | 87 | 132 | 166 |
| ASSETS | - | - | - |
| 26 | 31 | 59 | |
| Capital Work in Progress | 3 | 23 | 0 |
| 1 | 2 | 1 | |
| 0 | 35 | 61 | |
| Cash & Bank | 8 | 5 | 2 |
| 48 | 35 | 42 | |
| Total Assets | 87 | 132 | 166 |
| Total Debt | 6 | 30 | 32 |
| Net Working Capital | 33 | 29 | 41 |
| Contingent Liabilities | 19 | 23 | 30 |
| Book Value per Share | 89.05 | 109.93 | 138.59 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 6 | 30 | 32 |
| Net Working Capital | 33 | 29 | 41 |
| Contingent Liabilities | 19 | 23 | 30 |
| Book Value per Share | 89.05 | 109.93 | 138.59 |
| Face Value | 10.00 | 10.00 | 10.00 |
Mar 2023
- Equity Capital
- 6
- 50
- 0
- Trade Payables
- 5
- 26
- Total Liabilities
- 87
- 26
- Capital Work in Progress
- 3
- 1
- 0
- Cash & Bank
- 8
- 48
- Total Assets
- 87
- Total Debt
- 6
- Net Working Capital
- 33
- Contingent Liabilities
- 19
- Book Value per Share
- 89.05
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 33
- Contingent Liabilities
- 19
- Book Value per Share
- 89.05
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 6
- 63
- 14
- Trade Payables
- 13
- 36
- Total Liabilities
- 132
- 31
- Capital Work in Progress
- 23
- 2
- 35
- Cash & Bank
- 5
- 35
- Total Assets
- 132
- Total Debt
- 30
- Net Working Capital
- 29
- Contingent Liabilities
- 23
- Book Value per Share
- 109.93
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- 29
- Contingent Liabilities
- 23
- Book Value per Share
- 109.93
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 6
- 83
- 11
- Trade Payables
- 15
- 51
- Total Liabilities
- 166
- 59
- Capital Work in Progress
- 0
- 1
- 61
- Cash & Bank
- 2
- 42
- Total Assets
- 166
- Total Debt
- 32
- Net Working Capital
- 41
- Contingent Liabilities
- 30
- Book Value per Share
- 138.59
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- 41
- Contingent Liabilities
- 30
- Book Value per Share
- 138.59
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 16 | 0 | 0 | |
| Cash from Investing | -11 | 0 | 0 |
| Cash from Financing | -3 | 0 | 0 |
| 2 | 0 | 0 | |
| Free Cash Flow | 16 | -8 | -6 |
| OCF / Net Profit | 0.90 | 0.00 | 0.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | 0.90 | 0.00 | 0.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2023
- 16
- Cash from Investing
- -11
- Cash from Financing
- -3
- 2
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 0
Mar 2024
- 0
- Cash from Investing
- 0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -8
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
Mar 2025
- 0
- Cash from Investing
- 0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -6
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | 27.47 | 24.97 | 25.52 |
| Book Value (₹) | 89.05 | 109.93 | 138.59 |
| Dividend per Share (₹) | 2.25 | 2.25 | 2.15 |
| Cash EPS (₹) | 4.93 | 5.60 | 5.83 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 17.64% | 13.87% | 15.54% |
| Net Margin % | 11.33% | 8.16% | 8.29% |
| ROE % | 30.85% | 25.10% | 20.71% |
| ROCE % | 41.59% | 29.47% | 24.71% |
| 19.97% | 14.40% | 11.00% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 55 | 55 | 89 |
| Inventory Days | 0 | 0 | 0 |
| Payable Days | 461 | 321 | 935 |
| -407 | -266 | -846 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.10x | 0.43x | 0.36x |
| Interest Coverage (x) | 13.41x | 9.29x | 6.40x |
| 2.46x | 1.78x | 1.89x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | 26.22% | 2.55% |
| Operating Profit Growth % | 0.00% | 8.18% | 14.30% |
| Net Profit Growth % | 0.00% | -9.10% | 4.13% |
| 0.00% | -9.10% | 2.21% | |
| 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 | 1.07x | 1.09x |
Mar 2023
- EPS (₹)
- 27.47
- Book Value (₹)
- 89.05
- Dividend per Share (₹)
- 2.25
- Cash EPS (₹)
- 4.93
- Operating Margin %
- 17.64%
- Net Margin %
- 11.33%
- ROE %
- 30.85%
- ROCE %
- 41.59%
- 19.97%
- Debtor Days
- 55
- Inventory Days
- 0
- Payable Days
- 461
- -407
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 13.41x
- 2.46x
- 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
Mar 2024
- EPS (₹)
- 24.97
- Book Value (₹)
- 109.93
- Dividend per Share (₹)
- 2.25
- Cash EPS (₹)
- 5.60
- Operating Margin %
- 13.87%
- Net Margin %
- 8.16%
- ROE %
- 25.10%
- ROCE %
- 29.47%
- 14.40%
- Debtor Days
- 55
- Inventory Days
- 0
- Payable Days
- 321
- -266
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 9.29x
- 1.78x
- Revenue Growth %
- 26.22%
- Operating Profit Growth %
- 8.18%
- Net Profit Growth %
- -9.10%
- -9.10%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.07x
Mar 2025
- EPS (₹)
- 25.52
- Book Value (₹)
- 138.59
- Dividend per Share (₹)
- 2.15
- Cash EPS (₹)
- 5.83
- Operating Margin %
- 15.54%
- Net Margin %
- 8.29%
- ROE %
- 20.71%
- ROCE %
- 24.71%
- 11.00%
- Debtor Days
- 89
- Inventory Days
- 0
- Payable Days
- 935
- -846
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 6.40x
- 1.89x
- Revenue Growth %
- 2.55%
- Operating Profit Growth %
- 14.30%
- Net Profit Growth %
- 4.13%
- 2.21%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.09x
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