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Companies›Industrials›Capital Goods›Industrial Products

CRIMSON METAL ENGINEERING COMP

Capital Goods › Industrial Products
₹25.65
at close · 27 Oct 2026
▼ 1.35 (-5.00%)

Latest filings

  1. Special window reopened for physical share transfer and dematerialisation · Compliance
  2. Exemption from Related Party Transaction disclosure filing under SEBI LODR · Compliance
  3. RTA submits quarterly dematerialisation certificate for Sep 2026 · Compliance
All filings ↓
Ask Nexa about CRIMSON METAL ENGINEERING COMP

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and exports ERW (Electric Resistance Welded) steel tubes and pipes in black and galvanised variants, operating as a single business segment. In FY26, total income stood at Rs. 7.92 crore with a net profit of Rs. 0.14 crore, against total assets of Rs. 35.52 crore, indicating a small-scale operation. The cost structure is heavy on depreciation at 27.9% of revenue, with materials at 20%, other operating expenses at 21.9% and employee costs at 2.1%, while capex absorbs 18.5% of revenue. The company is registered in Chennai, listed solely on BSE under code 526977, and files under a single segment classification of ERW pipe manufacturing. Leadership transitioned in FY26 with the CFO and Whole-Time Director resigning and a new CFO (and later Whole-time Director) being appointed.

Operating scale
FY26 total income
Rs. 7.92 croreFY26
FY26 net profit
Rs. 0.14 croreFY26
Total assets
Rs. 35.52 croreFY26
Depreciation as % of revenue
27.9%FY26
Stock exchange listing
BSE, code 526977FY26
Registered office
ChennaiFY26
Who pays it
Industrial buyers of ERW steel tubes and pipes, including export customers (specific end-markets not disclosed in the facts).
Biggest cost
Depreciation at 27.9% of revenue is the largest cost line, followed by other operating expenses (21.9%) and raw materials (20.0%).
Kind of business
Small-cap, single-segment, asset-heavy steel pipe manufacturer exposed to industrial and export demand cycles.
Where it sits
BSE-only listed manufacturer of ERW steel tubes and pipes, with a small revenue base and modest net profit relative to its asset size.
Market Cap
₹11 Cr
P / E (TTM)
85.5×
EV / EBITDA
7.9×
Div Yield
—
Growth
-3.3%▼
Revenue 5y CAGR
PAT -18.9% · EBITDA +0.4%
Quality
10.1%·
ROCE (5y median)
ROE 2.4% (5y median) · margin 58.3%
Leverage
4.37·
Debt / Equity · high
Net debt ₹25 Cr
Revenue FY21→FY26
0.8×▼
Margin −2.4 pts
₹9 Cr → ₹8 Cr
Cash conversion
291.95×▲
Operating cash ÷ profit · 5 yrs
₹16 Cr on ₹0 Cr
Where it sits among 123 Iron & Steel Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#96/105
P/B#67/101
ROCE#95/115
ROE#81/103
Debt / Equity#100/101
EBITDA margin#9/100
Revenue growth#86/97
Profit growth#8/105

Scorecard

Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹0.05 Cr of profit and ₹16 Cr of operating cash — 291.95×
Profit is converting into cash
Concerns
Revenue shrinking over 5 years (−3% a year)
Profit shrinking over 5 years (−19% a year)
Carries more debt than its peers — 4.37× equity
higher than 99% of its 101 Iron & Steel Products peers
Heavy working capital — 206 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CRIMSON METAL ENGINEERING COMP's filed financials and exchange disclosures

What does CRIMSON METAL ENGINEERING COMP do?

CRIMSON METAL ENGINEERING COMP is a Industrial Products company listed on BSE.

Is CRIMSON METAL ENGINEERING COMP profitable?

Yes. Over the trailing twelve months CRIMSON METAL ENGINEERING COMP reported a net profit of ₹0.14 Cr on revenue of ₹7.92 Cr.

Does CRIMSON METAL ENGINEERING COMP pay a dividend?

Not in the latest reported year — CRIMSON METAL ENGINEERING COMP's dividend payout for FY26 was nil.

Is CRIMSON METAL ENGINEERING COMP debt-free?

No. It reported borrowings of ₹25 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹25 Cr after cash. Debt stands at 4.37× equity. That is higher than 99% of its 101 Iron & Steel Products peers.

Is CRIMSON METAL ENGINEERING COMP expensive compared with its peers?

On trailing P/E, CRIMSON METAL ENGINEERING COMP ranks 96 of 105 in Iron & Steel Products — cheaper than 9% of them, against an industry median of 15.6×. This is a position, not a valuation judgement.

Where can I track CRIMSON METAL ENGINEERING COMP's announcements?

Every NSE and BSE filing by CRIMSON METAL ENGINEERING COMP appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.