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Shares of this Coal India subsidiary fall over 5% after profit, margins decline in Q4Shares of CMPDI are looking to recover from the lows of the day, currently trading 2.5% lower at ₹180.5. The stock continues to trade around its IPO price.By Nigel D'Souza   |  Gareema Bangad  April 22, 2026, 11:52:15 AM IST (Published)2 Min ReadShares of Central Mine Planning and Design Institute Ltd. fell more than 4.5% on Wednesday, April 22, after the company reported a mixed set of March quarter results on Tuesday, with revenue growth being offset by a sharp decline in margins and profitability.

The Coal India subsidiary reported a 12% year-on-year rise in its revenue to ₹827 crore during the March quarter, compared to ₹740 crore that it reported during the same quarter last year, marking its highest quarterly topline.

However, the company's Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) fell 28% from last year to ₹238.5 crore from ₹333.4 crore.

Operating margins contracted sharply to 28.8%, compared to 45.1% a year ago and 41.6% in the December quarter. Employee expenses nearly doubled to ₹289 crore, while other expenses rose 16% YoY to ₹289 crore, thereby contributing to the decline in margins.

As a result, net profit declined 32% to ₹188 crore from ₹277 crore in the year-ago period.

Central Mine Planning and Design Institute, a “miniratna” subsidiary of Coal India Ltd, had launched its ₹1,842 crore IPO earlier this year at a price of ₹172 per share, entirely via an offer-for-sale.

The stock had made a weak market debut, listing at a discount of up to nearly 7%, after having witnessed muted demand during the three-day IPO, with overall subscription of just 1.05 times, largely supported by institutional investors.

The company primarily provides consulting and technical services to Coal India and its subsidiaries, which account for a significant share of its revenue.

The stock will also be in focus on Friday, April 24, as its one-month shareholder lock-in will come to an end. The end of this lock-in will free up 13.7 million shares of the company, which amounts to 2% of the outstanding.

It must be noted that the end of the lock-in period does not mean that all shares will be sold in the open market. They only become eligible to be traded.

Shares of CMPDI are looking to recover from the lows of the day, currently trading 2.5% lower at ₹180.5. The stock continues to trade around its IPO price.Continue ReadingTagsCoal India CILQ4 resultsshare market today