Marco Cables & Conductors Ltd
Incorporated in 1989, Marco Cables & Conductors Limited is engaged in manufacturing and selling wires, cable wires, and conductors in India.[1]
- Market Cap ₹ 77.0 Cr.
- Current Price ₹ 41.2
- High / Low ₹ 73.0 / 33.1
- Stock P/E 14.8
- Book Value ₹ 17.2
- Dividend Yield 0.00 %
- ROCE 20.1 %
- ROE 17.6 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 136 to 80.6 days.
- Company's working capital requirements have reduced from 137 days to 103 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* 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.
Peer comparison
Industrials Capital Goods Industrial Products Cables - Electricals
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 42 | 56 | 56 | 72 | 111 | |
| 37 | 50 | 47 | 61 | 98 | |
| Operating Profit | 5 | 6 | 9 | 10 | 14 |
| OPM % | 12% | 11% | 16% | 15% | 12% |
| 0 | 0 | 1 | 0 | 0 | |
| Interest | 5 | 5 | 5 | 6 | 7 |
| Depreciation | 1 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | 4 | 4 | 7 |
| Tax % | 0% | 31% | 22% | 30% | 26% |
| 0 | 0 | 3 | 3 | 5 | |
| EPS in Rs | 1.63 | 2.78 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 55% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 151% |
| TTM: | 71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 19 | 19 |
| Reserves | 6 | 7 | 15 | 8 | 13 |
| 35 | 37 | 38 | 40 | 36 | |
| 12 | 13 | 15 | 13 | 15 | |
| Total Liabilities | 57 | 60 | 71 | 80 | 83 |
| 6 | 5 | 6 | 5 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 51 | 54 | 65 | 75 | 77 | |
| Total Assets | 57 | 60 | 71 | 80 | 83 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -5 | 3 | 0 | -5 | 12 | |
| -0 | -0 | 0 | -1 | -1 | |
| 3 | -4 | -0 | 5 | -11 | |
| Net Cash Flow | -2 | -1 | -0 | -0 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 138 | 131 | 185 | 143 | 81 |
| Inventory Days | 304 | 214 | 250 | 254 | 187 |
| Days Payable | 113 | 90 | 114 | 62 | 41 |
| Cash Conversion Cycle | 329 | 254 | 320 | 334 | 226 |
| Working Capital Days | 93 | 84 | 156 | 153 | 103 |
| ROCE % | 13% | 17% | 17% | 20% |
Documents
Announcements
-
Bagging/Receiving of orders/contracts
14 October 2025 - Received Rs.7,72,06,200 order for aluminum power cables; 7-month execution period.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
10 October 2025 - Marco Cables exempt under SEBI Reg15; no corporate governance report for quarter ended 30 Sep 2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 October 2025 - Registrar certificate under Reg.74(5) confirming dematerialisation for quarter ended 30 Sep 2025.
-
Bagging/Receiving of orders/contracts
9 October 2025 - Received Rs13,22,84,752 purchase order for aluminum cables, 8-month supply, domestic client, dated 09-Oct-2025.
-
Trading Window
30 September 2025 - Trading window closed Oct 1, 2025 until 48 hours after H1 (Sep 30, 2025) results communication.
Product Portfolio[1]
A) LT Aerial Bunched Cables: It is used for overhead Power Distribution. It provides high safety and reliability, lower power losses, and ultimate system economy which is more apt for difficult terrains such as hilly areas forest areas, coastal areas, etc.