Macpower CNC Machines Ltd
Macpower CNC Machines Limited is engaged in the manufacture of Computerized Numerically Controlled (CNC) machines and Lathe Machines.[1]
- Market Cap ₹ 931 Cr.
- Current Price ₹ 931
- High / Low ₹ 1,737 / 601
- Stock P/E 35.8
- Book Value ₹ 143
- Dividend Yield 0.16 %
- ROCE 27.1 %
- ROE 19.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 57.2% CAGR over last 5 years
Cons
- Debtor days have increased from 34.6 to 47.8 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
42 | 64 | 64 | 68 | 105 | 140 | 82 | 113 | 190 | 202 | 241 | 262 | |
41 | 62 | 62 | 66 | 94 | 124 | 77 | 104 | 170 | 181 | 206 | 220 | |
Operating Profit | 1 | 2 | 2 | 2 | 12 | 17 | 5 | 9 | 20 | 21 | 35 | 42 |
OPM % | 2% | 3% | 3% | 2% | 11% | 12% | 6% | 8% | 11% | 10% | 15% | 16% |
0 | 1 | 0 | 0 | 1 | 3 | 1 | 0 | 1 | 0 | 1 | -0 | |
Interest | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 4 | 6 |
Profit before tax | 0 | 0 | 1 | 1 | 11 | 18 | 4 | 7 | 18 | 17 | 32 | 35 |
Tax % | 34% | -26% | 35% | 20% | 35% | 30% | 30% | 11% | 30% | 26% | 25% | 27% |
0 | 0 | 0 | 1 | 7 | 13 | 3 | 6 | 13 | 13 | 24 | 25 | |
EPS in Rs | 5.60 | 5.80 | 8.17 | 13.00 | 7.04 | 12.64 | 2.73 | 6.03 | 12.83 | 12.88 | 24.24 | 25.43 |
Dividend Payout % | 0% | 0% | 0% | 0% | 14% | 8% | 0% | 0% | 12% | 12% | 6% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 26% |
3 Years: | 11% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 57% |
5 Years: | 57% |
3 Years: | 27% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 65% |
1 Year: | -39% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 0.60 | 0.60 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 2 | 1 | 2 | 3 | 43 | 56 | 57 | 62 | 75 | 87 | 109 | 133 |
9 | 8 | 4 | 4 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 3 | |
15 | 17 | 18 | 25 | 41 | 43 | 31 | 62 | 58 | 42 | 61 | 72 | |
Total Liabilities | 26 | 27 | 25 | 33 | 95 | 109 | 98 | 134 | 143 | 139 | 180 | 218 |
4 | 3 | 3 | 3 | 5 | 6 | 36 | 37 | 40 | 44 | 47 | 55 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 6 | 1 | 1 | 0 | 0 | 3 | 5 |
Investments | 3 | 1 | 0 | 0 | 8 | 1 | 1 | 20 | 5 | 5 | 5 | 0 |
19 | 22 | 22 | 30 | 83 | 97 | 60 | 76 | 98 | 91 | 125 | 158 | |
Total Assets | 26 | 27 | 25 | 33 | 95 | 109 | 98 | 134 | 143 | 139 | 180 | 218 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 6 | -2 | 10 | -11 | 2 | 23 | -7 | 5 | 17 | 7 | ||
1 | 1 | -1 | -10 | -3 | -1 | -20 | 10 | -7 | -9 | -11 | ||
-2 | -2 | -4 | 39 | 2 | -1 | -1 | -1 | -1 | -2 | 1 | ||
Net Cash Flow | -1 | 6 | -6 | 39 | -11 | -0 | 2 | 3 | -3 | 6 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 14 | 13 | 19 | 56 | 14 | 23 | 15 | 12 | 11 | 23 | 33 | 48 |
Inventory Days | 145 | 125 | 78 | 127 | 142 | 183 | 306 | 285 | 208 | 184 | 203 | 243 |
Days Payable | 130 | 114 | 119 | 176 | 183 | 143 | 155 | 208 | 114 | 73 | 97 | 124 |
Cash Conversion Cycle | 29 | 25 | -22 | 7 | -27 | 63 | 165 | 89 | 105 | 134 | 139 | 167 |
Working Capital Days | 21 | 23 | -14 | 16 | -2 | 59 | 104 | 26 | 60 | 81 | 85 | 113 |
ROCE % | 8% | 19% | 18% | 36% | 30% | 6% | 10% | 23% | 19% | 30% | 27% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
10 June 2025 - Management to meet domestic institutional investors on June 11, 2025, in Rajkot; no price-sensitive info shared.
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Analysts/Institutional Investor Meet/Con. Call Updates
5 June 2025 - Management to meet Agility Advisors on June 6, 2025, in Rajkot for investor interaction.
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Analysts/Institutional Investor Meet/Con. Call Updates
4 June 2025 - Macpower reports record Q4/FY25 results, INR331cr order book, INR100cr phase 1 capex, strong defense sector growth.
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Analysts/Institutional Investor Meet/Con. Call Updates
2 June 2025 - Conference call held June 2, 2025; recording shared for stakeholders' reference.
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Investor Presentation
30 May 2025 - Macpower reports Rs 3,309 mn order book, Rs 7.67 mn fire loss, and plans Rs 200-300 Cr capex for defense/aerospace expansion.
Annual reports
Concalls
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Aug 2024TranscriptNotesPPT
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Jun 2024Transcript PPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptPPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Oct 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Apr 2021TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
Product Portfolio
The company manufactures a range of Computerised Numerically Controlled (CNC) machines, including a Turning Center, Twin Spindle Turning Center, Twin Turn Mill Center, Grinder, Pro Turning, and Pro Milling. Under its Nexa vertical, it handles the sales and marketing of high-value machines like VTL, HMC, DCM, and advanced VMC machines with automation. It offers 315+ variants and models serving 27+ product segments with 11,259+ installations. [1] [2]