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 ₹ 75.4 Cr.
- Current Price ₹ 40.4
- High / Low ₹ 84.0 / 33.1
- Stock P/E 14.5
- Book Value ₹ 17.2
- Dividend Yield 0.00 %
- ROCE 19.9 %
- 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 149 days to 103 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | 6 |
| 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: | -43% |
| 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 | -4 | 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 | 177 |
| Days Payable | 113 | 90 | 114 | 62 | 39 |
| Cash Conversion Cycle | 329 | 254 | 320 | 334 | 219 |
| Working Capital Days | 93 | 84 | 156 | 189 | 103 |
| ROCE % | 13% | 17% | 17% | 20% |
Documents
Announcements
-
Copy of Newspaper Publication
4 September 2025 - Published AGM notice and e-voting ad for 36th AGM on 26 Sept 2025 in Active Times and Mumbai Lakshdeep.
-
Shareholders meeting
3 September 2025 - Annual Report 2024-25 submitted; 36th AGM on 26 Sep 2025 at Ulhasnagar, Thane.
-
Outcome of Board Meeting
2 September 2025 - Approved FY2024-25 Director's Report; 14th AGM notice; cut-off date Sept 19, 2025; CSR committee formed.
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Bagging/Receiving of orders/contracts
14 August 2025 - Received Rs.7.83 crore order for aluminum power cable supply from reputed domestic client, 6-month execution.
-
Credit Rating- Revision
25 July 2025 - CARE upgrades Marco Cables' credit ratings to BB+ and A4+ on ₹48 crore bank facilities.
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.