---
title: "Chamunda Electrical Ltd (CHAMUNDA) — Share Price, Financials & Analysis"
symbol: "CHAMUNDA"
company: "Chamunda Electrical Ltd"
canonical: "https://tapetide.com/stocks/CHAMUNDA"
isin: "INE11HG01018"
nse_symbol: "CHAMUNDA"
sector: "Power"
industry: "Power Transmission"
market_cap_cr: 46.88
generated_at: "2026-09-13T20:15:10.788Z"
---

# Chamunda Electrical Ltd (CHAMUNDA)

Canonical page: https://tapetide.com/stocks/CHAMUNDA

## Company

- **NSE Symbol:** CHAMUNDA
- **ISIN:** INE11HG01018
- **Sector:** Power
- **Industry:** Power Transmission
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2025-02-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** chamundaconst.com

## About

Incorporated in June 2013, Chamunda Electricals Ltd operates, maintains, tests, and commissions (OMTC) of electrical substations.[1]

## Latest Price

- **Price:** ₹41.3
- **Change:** -1.3 (-3.05%)
- **Open:** ₹42.6
- **Day High:** ₹42.6
- **Day Low:** ₹41.1
- **Previous Close:** ₹42.6
- **Volume:** 12000
- **As Of:** 2026-09-11T09:59:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:00.542303Z.

- **Market Cap:** ₹46.88 Cr
- **Classification:** SME
- **P/E (reported):** 13.3
- **Book Value:** ₹25.99
- **Price to Book:** 1.64
- **Dividend Yield:** 0%
- **ROE:** 12.3%
- **ROCE:** 14.97%
- **Debt to Equity:** 0.1
- **Revenue (yearly):** ₹32.5 Cr
- **Net Income:** ₹3.5 Cr
- **EBITDA:** ₹5.2 Cr
- **52-Week High:** ₹59
- **52-Week Low:** ₹38
- **RSI (14):** 48.32

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Flat
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 84.59 | 9% |
| growth | 66.25 | 9% |
| momentum | 54.61 | 12% |
| ownership | 65.33 | 24% |
| quality | 58.93 | 22% |
| valuation | 44.82 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 65.4 days to 98.2 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -96.49% | -98.69% | 100.84% |
| ebitda margin growth | -77.78% | -36.22% | -30.95% | 229.59% |
| net income growth | -78.26% | 2.94% | 125% | 42% |
| revenue growth | -13.58% | 27.95% | 32% | 23% |
| roce | — | -23.62% | -66.48% | 17.57% |
| roe | — | -8.07% | 20.6% | -174.73% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 10.8 | 10.26 | 15.02 | 16.58 | 15.46 |
| Expenses | 8.45 | 8.97 | 10.63 | 13.96 | 13.25 |
| Operating Profit | 2.35 | 1.29 | 4.39 | 2.62 | 2.21 |
| OPM % | 21.76 | 12.57 | 29.23 | 15.8 | 14.29 |
| Other Income | 0.04 | 0.09 | 0.07 | 0.22 | 0.19 |
| Interest | 0.24 | 0.21 | 0.21 | 0.01 | 0.05 |
| Depreciation | 0.46 | 0.45 | 0.47 | 0.47 | 0.49 |
| Profit before tax | 1.69 | 0.72 | 3.78 | 2.36 | 1.86 |
| Tax % | 31.36 | 26.39 | 25.13 | 4.24 | 32.26 |
| Net Profit | 1.16 | 0.52 | 2.83 | 2.26 | 1.26 |
| EPS in Rs | — | 0.64 | 2.57 | 2.05 | 1.14 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.31 | 11.23 | 13.94 | 19.95 | 25.29 | 32.04 |
| Expenses | 10.19 | 10.76 | 12.17 | 15.35 | 19.01 | 27.22 |
| Operating Profit | 1.12 | 0.47 | 1.77 | 4.6 | 6.28 | 4.82 |
| OPM % | 9.9 | 4.19 | 12.7 | 23.06 | 24.83 | 15.04 |
| Other Income | 0.14 | 0.09 | 0.07 | -0.08 | -0.45 | 0.42 |
| Interest | 0.06 | 0.36 | 0.49 | 0.44 | 0.42 | 0.06 |
| Depreciation | 0.37 | 0.89 | 0.93 | 0.87 | 0.92 | 0.96 |
| Profit before tax | 0.83 | -0.69 | 0.42 | 3.21 | 4.49 | 4.22 |
| Tax % | 26.51 | -26.09 | 26.19 | 28.66 | 25.39 | 16.59 |
| Net Profit | 0.62 | -0.51 | 0.31 | 2.29 | 3.36 | 3.52 |
| EPS in Rs | — | — | — | — | 3.05 | 3.2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 2 | 2 | 2 | 11 | 11 |
| Reserves | 1.67 | 1.12 | 1.43 | 4.34 | 14.08 | 17.6 |
| Borrowings | 0.72 | 4.65 | 3.68 | 4.62 | 0.02 | 2.72 |
| Other Liabilities | 3.97 | 0.98 | 1.6 | 0.57 | 3.31 | 3.12 |
| Total Liabilities | 8.36 | 8.75 | 8.71 | 11.53 | 28.41 | 34.44 |
| Fixed Assets | 4.21 | 4.43 | 4.18 | 4.72 | 4.43 | 4.38 |
| CWIP | 0 | 0 | 0 | 0 | 2.3 | 4.66 |
| Investments | 2.15 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2 | 4.32 | 4.53 | 6.81 | 21.68 | 25.4 |
| Total Assets | 8.36 | 8.75 | 8.71 | 11.53 | 28.41 | 34.44 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | -2.39 | 2.1 | 1.53 | 0.57 | 0.02 |
| Cash from Investing Activity | — | -1.11 | -0.6 | -1.09 | -10.96 | -2.79 |
| Cash from Financing Activity | — | 3.57 | -1.45 | 0.51 | 10.38 | 2.64 |
| Net Cash Flow | — | 0.07 | 0.04 | 0.96 | -0.01 | -0.13 |
| Free Cash Flow | — | -3.59 | 1.43 | 0.36 | -2.36 | -3.25 |
| CFO/OP | — | -462 | 127 | 48 | 28 | 24 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 24.85 | 29.9 | 31.42 | 54.7 | 76.78 | 80.66 |
| Cash Conversion Cycle | 24.85 | 29.9 | 31.42 | 54.7 | 76.78 | 80.66 |
| Working Capital Days | -88.43 | -25.68 | -2.09 | -5.67 | 103.63 | 98.2 |
| ROCE % | — | -5.43 | 12.23 | 42.17 | 30.62 | 15.17 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 97.46% | 71.61% | 72.62% | 73.55% |
| FIIs | 0% | 5.72% | 1% | 0.46% |
| DIIs | 0% | 0.38% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0% | 12.41% | 18.06% | 20.18% |
| Others | 2.54% | 9.87% | 8.32% | 5.81% |
| No. of Shareholders | 19 | 356 | 398 | 370 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 4 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 43 | Sell |
| EMA (10) | 42.45 | Sell |
| SMA (20) | 42.46 | Sell |
| EMA (20) | 42.65 | Sell |
| SMA (50) | 42.97 | Sell |
| EMA (50) | 42.94 | Sell |
| SMA (100) | 43.05 | Sell |
| EMA (100) | 43.65 | Sell |
| SMA (200) | 46.24 | Sell |
| EMA (200) | 44.72 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.73 | Neutral |
| MACD (12,26,9) | -0.23 | Sell |
| Stochastic (14,3,3) | 32.95 | Neutral |
| ADX (14) | 16.1 | Neutral |
| Williams %R (14) | -92.41 | Buy |
| ATR (14) | 1.23 | Neutral |
| ROC (12) | 0.73 | Buy |
| Stoch RSI (14) | 6.51 | Buy |
| UO (7,14,28) | 27.53 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Jul - Submitted Regulation 74(5) depository certificate for quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 Jul - Submitted Regulation 74(5) depository certificate for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_06072026150317_Letter_Regu_74_5_.pdf) |
| 6 Jul - Company says Regulation 27(2) corporate governance report not applicable for quarter ended June 30, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 6 Jul - Company says Regulation 27(2) corporate governance report not applicable for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_06072026150450_Letter_Non-appli_CG_Report.pdf) |
| 5 June 2026 - Promoter disclosed no new encumbrances on Chamunda Electrical shares for FY2026. | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Promoter disclosed no new encumbrances on Chamunda Electrical shares for FY2026.](https://nsearchives.nseindia.com/corporate/team_sandeshc_30042026113205_Chamunda.pdf) |
| 30 May 2026 - Board approved FY26 audited results on 30 May 2026; unmodified opinion, no deviation, no loan default. | [Outcome of Board Meeting 30 May 2026 - Board approved FY26 audited results on 30 May 2026; unmodified opinion, no deviation, no loan default.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_30052026170031_Outcome_of_BM.pdf) |
| 30 May 2026 - Board approved audited FY26 results; unmodified opinion, internal auditor appointed for 3 years, no debt default. | [Outcome of Board Meeting 30 May 2026 - Board approved audited FY26 results; unmodified opinion, internal auditor appointed for 3 years, no debt default.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_30052026170319_Outcome_of_BM.pdf) |
| 27 Jul - Postal ballot approved variation in IPO proceeds utilisation on July 27, 2026. | [Shareholders meeting 27 Jul - Postal ballot approved variation in IPO proceeds utilisation on July 27, 2026.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_27072026171834_VotingResult.pdf) |
| 27 December 2025 - Appointment of N R Kalal & Associates as statutory auditors approved Dec 27, 2025; 100% votes cast in favour. | [Shareholders meeting 27 December 2025 - Appointment of N R Kalal & Associates as statutory auditors approved Dec 27, 2025; 100% votes cast in favour.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_27122025182916_VotingResult.pdf) |
| 27 Aug - Newspaper ad published for Chamunda Electrical’s 13th AGM on 22 September 2026, with remote e-voting details. | [Copy of Newspaper Publication 27 Aug - Newspaper ad published for Chamunda Electrical’s 13th AGM on 22 September 2026, with remote e-voting details.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_27082026142114_Intimation_Newspaper.pdf) |
| 26 Aug - Board approved 13th AGM on 22 Sep 2026 and appointed N R Kalal & Associates as auditor. | [Outcome of Board Meeting 26 Aug - Board approved 13th AGM on 22 Sep 2026 and appointed N R Kalal & Associates as auditor.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_26082026171247_Outcome.pdf) |
| 26 Aug - 13th AGM on 22 September 2026; record date 15 September 2026; auditor appointment proposed. | [Shareholders meeting 26 Aug - 13th AGM on 22 September 2026; record date 15 September 2026; auditor appointment proposed.](https://nsearchives.nseindia.com/corporate/CHAMUNDA_26082026171457_Intimation_of_AGM_Notice.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30668_CHAMUNDA_2025_2026_A_4082999_26082026171932.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27788_CHAMUNDA_2024_2025_A_2928348_28082025130737.pdf) |
| from bse | [Financial Year 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801213.pdf) |
| from bse | [Financial Year 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801212.pdf) |
| from bse | [Financial Year 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801211.pdf) |
| from bse | [Financial Year 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/522080/5220801210.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Mar 2025 | [Concall - Mar 2025](https://nsearchives.nseindia.com/corporate/CHAMUNDA_17032025155937_Announcement.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/CHAMUNDA_16062025171821_Transcript_covering.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:15:10.788Z.