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CMR Green Technologies Ltd (CMRGREEN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544777 NSE: CMRGREEN Metal - Non Ferrous | Small Cap | CMR Green Tech Share Price

₹259.75 6.65 (2.63%)

As on 24-Jun'26 16:59

CMR Green Technologies Ltd (CMRGREEN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544777 NSE: CMRGREEN Metal - Non Ferrous | Small Cap | CMR Green Tech Share Price

₹259.75 6.65 (2.63%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,544 Cr.
Current Price
₹259.8
52-Week Low / High
₹231 / 275
TTM EPS
₹4.4
TTM Sales
₹4,595 Cr.
Book Value per Share
₹66.3
P/E Ratio
57.70
Industry PE
20.4
Price to Book (P/B)
3.82
Price to Sales (P/S)
1.21
EV/EBITDA
30.62
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
6.84%
Return on Capital Employed (ROCE)
9.76%
Return on Assets (ROA)
4.59%
Operating Profit Margin
3.3%
Net Profit Margin
2.09%
Gross Profit Margin
3.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.34%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
50.49%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
84.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,409 Cr.
Equity
₹43.8 Cr.
Face Value
₹2
All Time Low / High
₹231.15 / 275.40

CMR Green Technologies stock performance

Key Ratios
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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
CMR Green Technologies Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -1.9%-0.3%-0.3%22.8%17.7%5.5%-37.9%9.8%-
Value Creation
Index
-1.1-1.0-1.00.70.3-0.6-3.7-0.3-

Growth Parameters

Sales 0002,6103,9824,3544,2804,5954,595
Sales YoY Gr.-NANANA52.5%9.4%-1.7%7.3%-
Adj EPS -0-0-0-10.6123.114.24.4
YoY Gr.-NANANANA-73.9%-67.3%309.8%-
BVPS (₹) 1.11.11.1385.28588.361.966.366.3
Adj Net
Profit
-0.1-0-0-20.62656922.391.696
Cash Flow from Ops. 00-0-68.5-118354205-87.7-
Debt/CF from Ops. 00-2.1-4.9-4.30.71.2-4.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA4.9%7.3%
Adj EPS NANA-29.6%309.8%
BVPSNA127.8%-7.9%7.1%
Share Price - - - -

Key Financial Parameters

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.9-0.3-0.4-2.615.23.61.46.56.6
Op. Profit
Mgn %
0008.69.22.52.53.3NAN
Net Profit
Mgn %
000-0.86.71.60.522.1
Debt to
Equity
0000.50.30.10.20.3-
Working Cap
Days
000651039983800
Cash Conv.
Cycle
00035545250530

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0002,6103,9824,3544,2804,595
Operating Expenses + 0002,3983,6264,2494,1814,445
Manufacturing Costs0006692110105110
Material Costs0002,2243,4134,0223,9564,208
Employee Cost 0007079707481
Other Costs 0003943464647
Operating Profit -0-0-0212355105100150
Operating Profit Margin (%) ---8.1%8.9%2.4%2.3%3.3%
Other Income + 0003150463943
Exceptional Items 000000-8310
Interest 0003138323642
Depreciation 0002021252526
Profit Before Tax -0-0-019234694-754126
Tax -0002208521-19030
Profit After Tax -0-0-0-2826273-56396
PAT Margin (%) ----1.1%6.6%1.7%-13.2%2.1%
Adjusted EPS (₹)-0.00.00.0-14.311.83.3-25.74.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Valuation of CMR Green Tech - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3337471,8801,9531,3571,453
Share Capital 000044444444
Reserves 2227471,8351,9091,3131,409
Debt +000338488221239382
Long Term Debt00027211020
Short Term Debt000310468211237382
Minority Interest00000000
Trade Payables000177120184130135
Others Liabilities 0001,343512407264232
Total Liabilities 3332,6053,0002,7651,9892,202

Fixed Assets

Net Fixed Assets +0001,0011,0031,010187177
Gross Block0001,1221,1351,158259267
Accumulated Depreciation0001211321487290
CWIP 0001914334
Investments 333625656656896897
Inventories000314462344354411
Trade Receivables000384337416377459
Cash Equivalents 00026203455
Others Assets 000237507302167249
Total Assets 3332,6053,0002,7651,9892,202

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 00-0-68-118354205-88
PBT 00-019234694-754126
Adjustment 00039323388050
Changes in Working Capital 00-0-292-42225897-232
Tax Paid 000-7-74-30-18-31
Cash Flow From Investing Activity + 000-59-17-23-1811
Capex 000-23-13-23-13-30
Net Investments 000-6-35220-1
Others 000-3131-23-16932
Cash Flow From Financing Activity + 000133130-301-5286
Net Proceeds from Shares 00000000
Net Proceeds from Borrowing 00041-17-12-13-10
Interest Paid 00-0-24-29-27-29-44
Dividend Paid 00000000
Others 000115176-262-10139
Net Cash Flow 00-05-530-29-1

Financial Ratio

PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-1.92-0.3-0.39-7.4219.913.81-34.056.84
ROCE (%)-1.9-0.28-0.3422.7517.725.5-37.879.76
Asset Turnover Ratio00021.421.511.82.19
PAT to CFO Conversion(x)N/AN/AN/AN/A-0.454.85N/A-0.92
Working Capital Days
Receivable Days00053.7033.1031.6033.8033.20
Inventory Days00043.9035.5033.8029.8030.40
Payable Days00014.5015.9013.8014.5011.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

CMR Green Technologies Ltd FAQs

The current trading price of CMR Green Tech on 24-Jun-2026 16:59 is ₹259.8.

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 23-Jun-2026 the market cap of CMR Green Tech stood at ₹5,544.3 Cr

The latest P/E ratio of CMR Green Tech as of 23-Jun-2026 is 57.70.

The latest P/B ratio of CMR Green Tech as of 23-Jun-2026 is 3.82.

The 52-week high of CMR Green Tech is ₹275.4 and the 52-week low is ₹231.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of CMR Green Tech is ₹4,595 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that CMR Green Technologies Ltd is a below average quality company.

The key valuation ratios of CMR Green Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of CMR Green Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About CMR Green Technologies Ltd

CMR Green Technologies was incorporated as ‘Grand Metal Industries Private Limited’ on August 23, 2005. Thereafter, pursuant to the conversion of the company to a public limited company, the name of the company was changed to ‘Grand Metal Industries Limited’ on May 28, 2020. The company proposed to change its name to CMR Green Technologies Limited pursuant to the Scheme of Arrangement. The change of name proposed (i) to reflect the activities of the merged company i.e., Century Metal Recycling Limited post amalgamation; (ii) to employ green technologies which would be environment friendly and reduce carbon footprint. Subsequently, its name was changed to ‘CMR Green Technologies Limited’ on August 11, 2021.

The company is engaged in manufacturing primary aluminium alloys, in solid ingot and liquid forms as well as zinc alloy ingots, aluminium billets and segregated furnace ready scrap of stainless steel, copper, brass, zinc, lead and magnesium. Some of the aluminium alloys manufactured by the company based on various standards are LM6, LM 4, HS-1, DAA1, ADC12, ADC6, 6063, 6061, 6082, 3105 among others.

The company produces aluminium billets that cater to both automotive and non-automotive sectors. These billets, made from recycled aluminium, are critical raw materials used in extrusion processes to create profiles for various applications. Its billets are manufactured to meet stringent industry standards, ensuring excellent mechanical properties, formability, and corrosion resistance. Further, it manufactures zinc alloy ingots, specifically, Z3 and Z5, a combination prepared by adding metals such as aluminium and zinc. It recycles used beverage cans scrap for fulfilling new metal requirements of primary producers. 

Business area of the company 

The company, along with its subsidiaries and joint ventures, is engaged in the business of manufacturing and selling of aluminium based die cast alloys and zinc alloys in India. It is also engaged in the business of segregation and sale of metal scrap as a part of manufacturing process (with a specific focus on stainless steel, brass, copper and zinc).

Products of the company

  • Aluminium ingots
  • Liquid Metal
  • Aluminium billets
  • Copper scrap
  • Brass scrap
  • Magnesium scrap

Awards, accreditations and recognition 

  • 2015: Certified by UNFCCC for carbon credits generated at its Bhiwadi Unit.
  • 2023: Certified Great Place to Work from employees in assessment survey (Category: Mid-size Organisations).
  • 2024: Received certificate of appreciation from Maruti Suzuki India Limited (MSIL) in recognition of the company’s special support in mobilising additional volume to support MSIL production.
  • 2024: Received an award in recognition of overall performance for the year 2024-25 in India region by JTEKT.
  • 2024: Best Partner Performance Business Support Award by JTEKT.
  • 2024: Certified as a ‘Most preferred workplace for women 2024-25’ by Team Marksmen Network.
  • 2025: Received recognition for ‘Raw material synergy (under CPS)’ by Suzuki Motorcycle India Private Limited.
  • 2025: Received Indian CSR award empowering social welfare.
  • 2025: Received ‘Employment Excellence Award’ for outstanding contribution in employment generation under New Age Sector from the Chief Minister of Odisha.
  • 2025: Received Mahatma Award for HR Excellence.
  • 2025: Received certificate of appreciation - Rotary India National CSR Awards Norther Region from Rotary India, in recognition of the company’s participation and commitment to social responsibility.
  • 2025: Received award for export excellence in the ‘Other Non-ferrous metals & manufactures thereof (Other than aluminium) - Large enterprise’ category by the Engineering Export Promotion Council of India, Northern Region.
  • 2025: Received ‘Best Employer Award 2025-26 (North India)’ by Employer Branding Institute, India.
  • 2025: Certified as ‘Great Place to Work (Mid-size organisations)’ by Great Place to Work.
  • 2025: Ranked 60th ‘Great Place to Work’ in the mid-sized companies in India across sectors for the year 2025.
  • 2025: One of India’s Best Workplaces in Auto and Auto Components for the year 2025 by Great Place to Work.
  • 2025: Ranked among Top 50 India’s Best Workplaces for Millennials in the mid-sized companies by Great Place to Work.
  • 2025: Ranked among Top 25 India’s Best Workplaces Building a Culture of Innovation by All by Great Place to Work.
  • 2025: Entered into a Share Subscription and Shareholders’ Agreement dated May 30, 2025 with Nippon Light Metal Co., Ltd., Japan for CMR Eco plant at Tirupati.
  • 2025: Certified as a ‘Most preferred workplace 2025-26 (Manufacturing)’ by Team Marksmen Network.
  • 2026: Certified as 'Best Workplaces in manufacturing' (Top 30- Mid-size India's Best Workplaces in Manufacturing 2026) by Great Place to Work.

History and milestones

  • 2006: The company commenced operations through manufacturing of aluminium and zinc alloy ingot at its Tatarpur Unit.
  • 2008: Introduced the manufacture and supply of liquid aluminium at its Haridwar Unit.
  • 2009: Commenced operations at its Gurugram Unit by setting up a dedicated liquid aluminium manufacturing plant.
  • 2011: Commenced operations at its Bhiwadi Unit by manufacturing and delivering aluminium alloy ingot and liquid aluminium alloy.
  • 2011: Received private equity investment from Indian Automotive Components Manufacturers Private Equity Fund-1-Domestic.
  • 2012: Signed a joint venture agreement with Nikkei Aluminium MC Co. Limited, Japan for setting up CMR Nikkei Private Limited at Bawal for manufacturing liquid aluminium alloy.
  • 2012: Signed a joint venture agreement with Toyota Tsusho Corporation, Japan for setting up CMR Toyotsu Aluminium India Private Limited at Chennai for manufacturing aluminium alloy ingot.
  • 2013: Commenced production at two plants - Bawal, Haryana and Chennai, Tamil Nadu.
  • 2013: Commenced manufacturing liquid aluminium alloy at its Manesar Unit.
  • 2013: Received private equity investment from Global Scrap Processors Limited.
  • 2013: Introduced liquid metal delivery over the road to multiple customers.
  • 2016: Started processing Zurik, a stainless- steel based scrap at its Tatarpur Unit.
  • 2017: Setup of comprehensive IT systems including ERP that forms the backbone of CMR’s data driven culture today.
  • 2019: Started commercial production at Vanod Unit I and Vallam Unit.
  • 2020: Commenced production at Halol Unit.
  • 2021: Started commercial production in Vanod Unit II under CMR Aluminium.
  • 2021: The company entered into the Scheme of Arrangement, pursuant to which Grand Metal Recycling Private Limited, Suvridhi Financial Services Limited, Sanjivani Non Ferrous Trading Private Limited, Ramayana Polymers Private Limited, Forever Multimedia Private Limited and CMR were amalgamated into the company.
  • 2023: Closed the Gurgaon Plant that was started in 2009 due to end-customer (Sunbeam) volumes shifting outside Gurgaon.
  • 2024: Patent granted to the company for the invention titled ‘An Intelligent Ladle Transport Safety Monitoring System and Method’ by the Patent Office, Government of India.
  • 2024: Commenced operations at its Tirupati Facility for aluminium billets.
  • 2024: Commenced operations in Pune under JV Co- Nikkei CMR Aluminium.
  • 2025: Commenced manufacturing of aluminium alloys liquid/ Ingots at its Sambalpur Facility for a primary aluminium producer, Hindalco Industries Limited.

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