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CMPDI IPO

Central Mine Planning & Design Institute Limited
Start Date20-03-2026
Application Timing10am-5pm
Price Range₹163 - ₹172
Min Qty80
Min. Investment₹13040
Listing Date30-03-2026
Close Date24-03-2026

About Central Mine Planning & Design Institute Limited

Central Mine Planning & Design Institute Limited (CMPDI) was incorporated in 1974 and is one of India's leading consultancy organizations specializing in coal and mineral exploration, mine planning, and mining project design. The company provides end-to-end consultancy and technical services across the entire value chain of the coal and mineral sector. CMPDI offers a wide range of services including geological exploration, mine planning and design, environmental management, infrastructure engineering, geomatics, remote sensing, and specialized technology services. These services primarily support the coal industry but also extend to other minerals.

The company holds a market share of around 61% in Fiscal 2025, making it one of the largest coal and mineral consultancy companies in India. CMPDI is also the preferred technical consultant for Coal India Limited, which significantly strengthens its position in the industry.

CMPDI operates through several specialized business verticals including:

  • Geological Exploration and Resource Evaluation
  • Mine Planning and Design Services
  • Environmental Planning and Monitoring Services
  • Geomatics, Remote Sensing and Survey Services

The company has strong infrastructure capabilities. As of March 31, 2025, CMPDI maintained one of the largest fleets of exploratory drilling equipment in India used for coal and mineral exploration. As of December 31, 2025, the company operates seven regional institutes located in major coal-producing states such as Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal. These regional institutes help execute exploration and mining projects efficiently across the country. CMPDI has also planned open-cast mines with an annual production capacity of up to 85 million tonnes and mining depths of up to 420 meters, demonstrating its ability to manage large-scale mining operations. Additionally, the company operates eight advanced laboratories across different coalfields that specialize in coal testing and analysis, supporting exploration and quality assessment activities. CMPDI also participates in mineral exploration initiatives supported by the National Mineral Exploration and Development Trust (NMET). As of December 31, 2025, the company had submitted eleven exploration proposals for minerals such as bauxite, copper, magnetite, and zinc, of which six were approved and four have already been completed. The promoters of the company are the President of India (acting through the Ministry of Coal) and Coal India Limited, making CMPDI a government-backed public sector enterprise.

Why To Invest in Central Mine Planning & Design Institute Limited

Strong Position in Coal Consultancy Sector : CMPDI holds a market share of around 61% in the coal and mineral consultancy segment, making it one of the dominant players in the industry.

Strategic Relationship with Coal India Limited : The company is the preferred consultant for Coal India Limited, which provides consistent project opportunities and stable demand for its services.

Government-backed PSU Company : CMPDI is promoted by the Government of India and Coal India Limited, offering credibility, stability, and long-term business visibility.

Strong Financial Performance : The company has reported consistent growth in revenue and profitability. For the financial year ending March 31, 2025, the company reported total income of Rs. 2,177.53 crore and profit after tax of Rs. 666.91 crore.

High Margins and Healthy Profitability : CMPDI operates with strong financial metrics, including PAT margin of 27.60% and EBITDA margin of 38.50% as of December 2025.

Experienced Management and Technical Team : The company is supported by a highly experienced workforce and technical professionals specializing in mining, geology, and environmental management.

Financial Table
Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets2,911.122,682.802,171.371,919.53
Total Income1,543.932,177.531,770.181,398.78
Profit After Tax425.36666.91503.23296.66
EBITDA593.85915.71764.44395.65
NET Worth2,153.782,041.851,591.611,217.65
Reserves and Surplus 2,010.981,899.051,448.811,074.85
Strengths And Risks
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Market Leader in Coal Consultancy Services: CMPDI is one of the largest consultancy companies in India specializing in coal and mineral exploration with a strong market share.
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Strong Relationship with Coal India Limited: Being the preferred consultant to Coal India Limited ensures a steady pipeline of projects.
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Government-backed PSU: Promoted by the Government of India and Coal India Limited, which enhances trust and stability.
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Strong Infrastructure and Technical Capabilities: The company operates advanced drilling equipment, multiple laboratories, and regional institutes across major coal-producing regions.
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Strong Financial Performance: CMPDI has demonstrated consistent revenue growth and strong profitability over recent years.
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Dependence on Coal Sector: A large portion of the company's revenue is linked to coal exploration and mining activities.
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Government Policy Risks: Changes in mining regulations, environmental policies, or government policies related to coal could impact business operations.
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Client Concentration Risk: A significant portion of the company’s business is associated with Coal India Limited.
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Fully Priced IPO: Based on recent financial performance and valuation metrics, some analysts consider the IPO to be fairly priced.
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