CMPDI Q1 profit jumps 54% to ₹116.27 cr, flags ₹114.81 cr in pending Coal India dues

Tipsheet Editorial — Mon, 20 Jul 2026 22:02:04 GMT

The Coal India subsidiary posted strong earnings growth but auditor flagged aged receivables from parent group, a cash flow overhang.

What’s new

Net profit jumped 54% to ₹116.27 crore from ₹75.56 crore a year ago.
Revenue stood at ₹481.37 crore; total income including other income was ₹504.02 crore.
Board declared first interim dividend of ₹1.05 per share for FY27, record date 24 July 2026.
Auditor noted ₹114.81 crore in old outstanding balances from Coal India and subsidiaries pending over a year.

Why it matters

CMPDI delivered a sharp earnings beat with profit up 54%, but the ₹114.81 crore in aged receivables from its parent Coal India and group firms is a persistent drag. The dividend is modest: paying out about ₹75 crore vs a ₹17,766 crore market cap. The open question is whether those dues get resolved.

What we’re watching

Any update on the ₹114.81 crore outstanding from Coal India group.
Whether the profit margin improvement sustains given the consultancy nature of business.
Further dividend or buyback announcements given strong cash generation.

The full read

CMPDI, the Coal India consultancy arm, posted a 54% jump in Q1 net profit to ₹116.27 crore — a strong start to the year. Revenue came in at ₹481.37 crore and the board rewarded shareholders with a ₹1.05 interim dividend. But the auditor's limited review carried a catch: ₹114.81 crore in receivables from Coal India and its subsidiaries have been outstanding for over a year. That's more than CMPDI's entire quarterly profit. For a zero-debt company with a 29x P/E, the profit progress is real. The open question is whether that old money ever comes in.

Primary source: BSE · NSE

CMPDI Q1 PAT jumps 54% to ₹116.27 cr, revenue up 18%

Tipsheet Editorial — Mon, 20 Jul 2026 21:03:26 GMT

Net profit at ₹116.27 crore vs ₹75.56 crore last year. Revenue at ₹481.37 crore, driven by planning, exploration and environment segments. Four strategic agreements signed during quarter.

What’s new

PAT rose 54% to ₹116.27 crore on revenue of ₹481.37 crore.
Expenses grew just 5%, leading to improved margins.
Signed MoUs with NTPC Mining, MECL, ICVL for Mozambique coal, and Rajasthan rare earth block.

Why it matters

The 54% PAT jump is the headline, but it was already flagged in the board meeting on 20 July. The presentation adds no new surprises. The real story is the expense discipline: cost growth of 5% on an 18% revenue gain shows the margin trajectory is intact. The four MoUs signal near-term pipeline, but no revenue impact until execution.

What we’re watching

Conversion of the ICVL Mozambique advisory into a full contract.
Exploration licence from Rajasthan — timeline for rare earth block development.
Whether margin improvement can sustain as growth scales up.

The full read

CMPDI's first-quarter profit of ₹116.27 crore, up 54% from a year ago, is the kind of number that catches attention. Revenue at ₹481.37 crore grew 18%, while expenses climbed just 5%. That spread is the margin story: cost discipline is working. The company also flagged four strategic agreements, including consultancy MoUs with NTPC Mining and MECL and a rare earth exploration licence from Rajasthan. But these numbers were already out. The board meeting on 20 July announced them; this presentation is a routine follow-up with no new surprises. For a consultancy with ₹17,766 crore market cap and zero debt, the quarter confirms the trajectory: steady revenue, fat profit growth, and pipeline building. The open question is whether the cost discipline holds as the project book grows.

Primary source: BSE · NSE

Central Mine Planning & Design Institute Ltd. (CMPDI) — Tipsheet

CMPDI Q1 profit jumps 54% to ₹116.27 cr, flags ₹114.81 cr in pending Coal India dues

What’s new

Why it matters

What we’re watching

The full read

CMPDI Q1 PAT jumps 54% to ₹116.27 cr, revenue up 18%

What’s new

Why it matters

What we’re watching

The full read