---
title: "CMC Ltd(Merged) (CMC) — Share Price, Financials & Analysis"
symbol: "CMC"
company: "CMC Ltd(Merged)"
canonical: "https://tapetide.com/stocks/CMC"
nse_symbol: "CMC"
generated_at: "2026-10-13T10:57:59.583Z"
---

# CMC Ltd(Merged) (CMC)

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

## Company

- **NSE Symbol:** CMC
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** cmcltd.com

## About

CMC Limited (the Parent / the Company / CMC) is engaged in the design, development and implementation of software technologies and applications, providing professional services in India and overseas, and procurement, installation, commissioning, warranty and maintenance of imported/indigenous computer and networking systems, and in education and training.  Now being owned by Tata consultancy services , merger held in October 2015.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 25.8%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -9% | 26% | 16% |
| revenue growth | 11% | 20% | 24% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 459 | 493 | 524 | 486 | 561 | 561 | 623 | 593 | 617 | 638 | 666 | 672 |
| Expenses | 382 | 410 | 442 | 409 | 472 | 470 | 490 | 502 | 513 | 545 | 570 | 580 |
| Operating Profit | 77 | 83 | 82 | 77 | 88 | 91 | 133 | 91 | 104 | 93 | 96 | 92 |
| OPM % | 17 | 17 | 16 | 16 | 16 | 16 | 21 | 15 | 17 | 15 | 14 | 14 |
| Other Income | 1 | 2 | 4 | 10 | 2 | 3 | 10 | -14 | 3 | 2 | 5 | 9 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 6 | 5 | 7 | 6 | 6 | 7 | 8 | 13 | 12 | 12 | 12 | 14 |
| Profit before tax | 72 | 80 | 79 | 81 | 84 | 87 | 135 | 64 | 94 | 84 | 89 | 87 |
| Tax % | 32 | 24 | 22 | 34 | 20 | 19 | 34 | 9 | 19 | 14 | 21 | 35 |
| Net Profit | 49 | 61 | 61 | 53 | 67 | 71 | 89 | 58 | 76 | 72 | 71 | 56 |
| EPS in Rs | 16.3 | 20.15 | 20.24 | 17.53 | 22.21 | 23.28 | 29.51 | 19.28 | 25.08 | 23.8 | 23.29 | 18.57 |

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1080 | 1065 | 940 | 871 | 1084 | 1469 | 1926 | 2231 | 2513 | 2593 |
| Expenses | 981 | 946 | 813 | 712 | 874 | 1245 | 1609 | 1842 | 2129 | 2208 |
| Operating Profit | 99 | 119 | 127 | 159 | 211 | 224 | 317 | 389 | 384 | 386 |
| OPM % | 9 | 11 | 13 | 18 | 19 | 15 | 16 | 17 | 15 | 15 |
| Other Income | 6 | 13 | 29 | 22 | 12 | 17 | 13 | 25 | -5 | 18 |
| Interest | 4 | 1 | 2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 8 | 8 | 9 | 10 | 10 | 21 | 23 | 27 | 48 | 50 |
| Profit before tax | 93 | 123 | 144 | 167 | 212 | 220 | 307 | 387 | 331 | 354 |
| Tax % | 25 | 25 | 19 | 14 | 15 | 31 | 25 | 28 | 16 | — |
| Net Profit | 69 | 92 | 116 | 143 | 179 | 152 | 230 | 280 | 277 | 275 |
| EPS in Rs | — | — | — | — | — | 50.1 | 75.98 | 92.55 | 91.46 | 90.74 |
| Dividend Payout % | 17 | 18 | 20 | 21 | 17 | 25 | 23 | 24 | 30 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 30 | 30 | 30 | 30 |
| Reserves | 197 | 223 | 298 | 392 | 496 | 639 | 742 | 916 | 1126 | 1325 |
| Borrowings | 67 | 18 | 29 | 50 | 13 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 423 | 485 | 349 | 318 | 296 | 383 | 477 | 496 | 585 | 585 |
| Total Liabilities | 702 | 741 | 691 | 775 | 820 | 1037 | 1249 | 1443 | 1741 | 1940 |
| Fixed Assets | 55 | 55 | 69 | 82 | 93 | 96 | 258 | 287 | 399 | 406 |
| CWIP | 2 | 28 | 16 | 15 | 22 | 108 | 33 | 83 | 51 | 39 |
| Investments | 0 | 0 | 96 | 120 | 195 | 226 | 152 | 85 | 201 | 219 |
| Other Assets | 645 | 657 | 510 | 558 | 509 | 607 | 806 | 987 | 1090 | 1277 |
| Total Assets | 702 | 741 | 691 | 775 | 820 | 1037 | 1249 | 1443 | 1741 | 1940 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 21 | 157 | 102 | 67 | 153 | 160 | 56 | 123 | 227 | 128 |
| Cash from Investing Activity | 16 | -76 | -6 | -12 | -26 | -123 | -6 | 4 | -175 | -81 |
| Cash from Financing Activity | -27 | -62 | -3 | 0 | -66 | -49 | -35 | -44 | -62 | -80 |
| Net Cash Flow | 11 | 19 | 93 | 56 | 61 | -11 | 14 | 84 | -10 | -33 |
| Free Cash Flow | 37 | 122 | 94 | 46 | 125 | 62 | -64 | 39 | 143 | 49 |
| CFO/OP | 193 | 187 | 122 | 88 | 115 | 91 | 60 | 69 | 93 | 61 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 101 | 87 | 78 | 100 | 86 | 85 | 95 | 79 | 77 | 86 |
| Inventory Days | 52 | 21 | 19 | 25 | 31 | 51 | 34 | 28 | 11 | 5 |
| Days Payable | 167 | 144 | 182 | 260 | 480 | 658 | 670 | 570 | 665 | 648 |
| Cash Conversion Cycle | -14 | -36 | -84 | -135 | -362 | -522 | -541 | -463 | -577 | -556 |
| Working Capital Days | 80 | 39 | 36 | 60 | 58 | 32 | 39 | 45 | 41 | 60 |
| ROCE % | — | 36 | 42 | 37 | 34 | 36 | 29 | 35 | 36 | 28 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.25% | 74.32% | 73.85% | 74.04% | 73.02% | 73% | 72.92% | 72.89% | 72.73% | 72.64% |
| FIIs | 10.96% | 10.09% | 8.93% | 8.45% | 9.21% | 8.12% | 6.38% | 6.96% | 8.35% | 8.22% |
| DIIs | 5.77% | 5.78% | 6.5% | 7.02% | 6.16% | 3.24% | 8.01% | 8.28% | 7.47% | 8.38% |
| Public | 9.45% | 9.3% | 10.26% | 10.09% | 11.25% | 15.37% | 12.51% | 11.76% | 11.31% | 10.63% |
| Others | 0.56% | 0.51% | 0.45% | 0.4% | 0.35% | 0.27% | 0.18% | 0.11% | 0.11% | 0.11% |
| No. of Shareholders | 241154 | 269694 | 330074 | 511881 | 818539 | 1934986 | 2691329 | 2397648 | 2431180 | 2442662 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.92% | 72.91% | 72.93% | 72.9% | 72.89% | 72.82% | 72.8% | 72.75% | 72.73% | 72.67% | 72.66% | 72.64% |
| FIIs | 6.38% | 6.32% | 6.47% | 6.7% | 6.96% | 7.12% | 7.27% | 7.81% | 8.35% | 8.16% | 8.45% | 8.22% |
| DIIs | 8.01% | 7.56% | 8.03% | 8.13% | 8.28% | 8.25% | 8.71% | 8.2% | 7.47% | 7.78% | 7.86% | 8.38% |
| Public | 12.51% | 13.05% | 12.43% | 12.16% | 11.76% | 11.68% | 11.1% | 11.12% | 11.31% | 11.28% | 10.89% | 10.63% |
| Others | 0.18% | 0.16% | 0.14% | 0.13% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% |
| No. of Shareholders | 2691329 | 2779436 | 2593087 | 2521361 | 2397648 | 2369089 | 2236752 | 2358943 | 2431180 | 2461550 | 2515452 | 2442662 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachLive/059aa0d8-8ebe-4812-9f21-e49b98af94ee.pdf) |
| 2026-03-05 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3e643693-52e4-4edc-92e6-fe69b535b1ea.pdf) |
| 2026-03-05 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/61c2283c-173e-421b-a9e2-2aae66bdc8ab.pdf) |
| 2026-03-02 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4aa1470b-2216-43ee-ae88-b49a84f3d2ad.pdf) |
| 2026-02-25 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd126b9f-cf19-458a-b568-01049c81b430.pdf) |
| 2026-02-18 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/115178a9-01bd-48eb-81db-f1c15a99d1b6.pdf) |
| 2026-02-09 | [Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a7fba46-1c9b-4df5-b6fd-dc2d81af31b8.pdf) |
| 2026-02-06 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76080e7b-e695-4d47-a15a-56b12180ffdd.pdf) |
| 2026-02-04 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ef7313e-332d-40b7-959d-ba103e87622f.pdf) |
| 2026-02-02 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c01d8fb0-0967-4aef-b487-5613a90752e3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bad4d97f-e94b-486a-b1ab-c50cd7ae0c75.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53cec073-5278-4dcd-9066-2fd101023af5.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea6ff555-0162-4acf-98b2-0ef7a7a26699.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/507685/73311507685.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/507685/68597507685.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/507685/5076850320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/507685/5076850319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/507685/5076850318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/507685/5076850317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/507685/5076850316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | Concall - Jan 2026 |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3dbcb44-8526-45a3-ac61-152710230060.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e5df188-864a-4c7e-98bb-9a66a7844b7a.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea1716d9-c63b-46b0-91f8-549a98c742f6.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3aa50722-240f-4b06-8be1-d37a0026f8c5.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c843cf72-b0ed-4444-b874-62c06e9bbbe9.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d633df0-7f90-41b7-a168-75ec434c8401.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0d68c2a-4ec9-46cb-a5b4-61c59d8b3064.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/64445460-0bf5-44b1-adb3-59d8b8416860.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46c6a646-a20e-4dcd-b4ab-05c524bb7404.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-07-07 | Credit rating update — ICRA |
| 2024-09-10 | Credit rating update — ICRA |
| 2023-10-03 | Credit rating update — ICRA |
| 2023-09-07 | Credit rating update — ICRA |
| 2022-08-12 | Credit rating update — ICRA |
| 2021-07-15 | Credit rating update — ICRA |
| 2016-02-01 | Credit rating update — ICRA |

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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 2026-10-13T10:57:59.583Z.