NSE: CMPDI · BSE: 544739
CENTRAL MINE P N D INST L
Central Mine Planning & Design Institute (CMPDIL) is the mining consultancy arm of Coal India, providing geological exploration, mine planning, design and related advisory services. Its core work is exploration drilling, with a stated FY26-27 target of 12 lakh metres of drilling, and 2D/3D seismic survey (target of 475 line km). The company also holds exploration licences, including a rare earth elements block in Rajasthan, and has signed consultancy MoUs with NTPC (mining), MECL (exploration), and ICVL (Mozambique coal). It reported Q1 FY27 revenue of Rs 481.37 crore, up about 17.6% year-on-year. For FY26, revenue was Rs 2,316.53 crore with net profit of Rs 613.18 crore and EBITDA margin of 37.06%. The cost base is dominated by employees at 32.2% of revenue and other operating expenses at 33.1%, with materials at just 1.2% and depreciation at 1.5%, consistent with a services model rather than a mining operator. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Mining consultancy and exploration services. Asset-light mining consultancy, dominated by people and exploration activity rather than commodity production
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 2,317 |
| EBITDA (ex other income) | 778 |
| margin % | 33.6 |
| Owners' profit | 613 |
| EPS, as reported (₹) | 8.59 |
| ROE % · ROCE % | 26.9 · 34.6 |
| Debt / equity (x) | 0.00 |
| Cash from operations | 716 |
| Capex | (64) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q4 FY26 | Q1 FY27 |
|---|---|---|
| Revenue | 827 | 481 |
| Profit before tax | 255 | 160 |
| Net profit | 188 | 116 |
| EPS (₹) | 2.63 | 1.63 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CENTRAL MINE P N D INST L ◆ | 13,202 | 43.4 | 5.78 | — | 26.9 | 34.6 | — | 34.9 |
| IIRM HOLDINGS INDIA LTD | 720 | 29.4 | 4.57 | 12.2 | 15.5 | 14.4 | — | 24.9 |
| Qualitek Labs Limited | 576 | 36.9 | — | — | — | 8.5 | — | — |
| Monarch Surveyors and Engineer | 359 | 7.3 | — | — | — | 20.9 | — | — |
| LIKHAMI CONSULTING LIMITED | 307 | 965.6 | 8.75 | — | 0.7 | 0.9 | — | 67.2 |
| Ekansh Concepts Limited | 247 | 78.6 | 5.44 | 149.2 | (6.7) | (6.8) | (12.2) | 48.8 |
| EKI ENERGY SERVICES LTD | 216 | — | 0.56 | 21.9 | (4.3) | (3.0) | — | (6.1) |
| AAA TECHNOLOGIES LIMITED | 148 | 69.4 | 4.77 | — | 6.7 | 8.9 | — | 31.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 43.4 | 8.1 | 20 of 23 | 14% |
| P/B | 5.8 | 2.0 | 15 of 17 | 13% |
| ROCE | 34.6 | 8.2 | 1 of 26 | 100% |
| ROE | 26.9 | 6.7 | 2 of 17 | 94% |
| Debt / Equity | 0.0 | 0.0 | 1 of 17 | 63% |
| EBITDA margin | 34.9 | 31.8 | 8 of 17 | 56% |
| Market cap | 13202 | 35 | 1 of 26 | 100% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 25 Oct 2026 · Central Mine Planning and Design Institute profit rises 10% in September quarter | compliance | minimal | — | — |
| 23 Oct 2026 · CMPDI fixes 29 October 2026 record date for Rs 1.05 dividend | corporate actions | high | — | — |
| 23 Oct 2026 · Company submits investor presentation to the exchange | investor communications | medium | — | — |
| 23 Oct 2026 · Board reports drilling and seismic survey progress through September 2026 | board shareholder meetings | medium | — | — |
| 23 Oct 2026 · September quarter revenue up 7.5%, profit up 10%, Rs 1.05 interim dividend | results | high | — | — |
| 23 Oct 2026 · Second interim dividend of Rs 1.05 per share declared | corporate actions | high | — | — |
| 16 Oct 2026 · CMPDIL board meeting on 23 Oct 2026 for Q2 FY27 results and interim dividend | results | low | — | — |
| 14 Oct 2026 · New HoD Exploration appointed at CMPDI; S K Gupta replaced | management changes | medium | — | — |
| 5 Oct 2026 · Reconciliation of Share Capital Audit for Q2 FY26-27 | compliance | minimal | — | — |
| 5 Oct 2026 · Certificate on securities dematerialization for Q2 FY27 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.