Chaman Metallics posts H1 profit and clears fresh Rs 100 crore rights issue
CMNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Minute windows have no benchmark: there is no intraday index history to compare against.
Standalone results for the half year ended 30 September 2026: revenue was Rs 376.58 crore and profit after tax Rs 11.92 crore, versus Rs 344.75 crore and a Rs 1.62 crore loss in the prior-year half year. Operating cash flow was negative Rs 22.42 crore, while borrowings of Rs 481.41 crore were 4.49 times equity. The board withdrew its earlier rights plan and approved a fresh issue of up to Rs 100 crore, with terms still to be decided.
Profit improved, but high debt and negative cash flow add risk. The rights issue may improve finances while diluting existing shareholders.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹376.6 Cr | ₹196.5 Cr | +91.6% |
| Operating profit | ₹15.76 Cr | −₹3.64 Cr | turned positive |
| Profit after tax | — | — | — |
| EBITDA margin | — | — | — |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.