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 ₹ 119 Cr.
- Current Price ₹ 63.8
- High / Low ₹ 84.0 / 38.1
- Stock P/E 24.7
- Book Value ₹ 15.9
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.1% over last 3 years.
* 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
Sector: Cables Industry: Cables - Power
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 42.39 | 56.22 | 56.28 | 71.65 | 99.68 | |
| 37.14 | 50.17 | 47.28 | 61.25 | 86.67 | |
| Operating Profit | 5.25 | 6.05 | 9.00 | 10.40 | 13.01 |
| OPM % | 12.38% | 10.76% | 15.99% | 14.52% | 13.05% |
| 0.44 | 0.24 | 0.81 | 0.43 | 0.40 | |
| Interest | 5.03 | 5.32 | 5.38 | 6.06 | 6.12 |
| Depreciation | 0.54 | 0.49 | 0.48 | 0.47 | 0.48 |
| Profit before tax | 0.12 | 0.48 | 3.95 | 4.30 | 6.81 |
| Tax % | 0.00% | 31.25% | 22.03% | 29.53% | |
| 0.12 | 0.33 | 3.08 | 3.04 | 4.83 | |
| EPS in Rs | 1.63 | 2.58 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 80% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 194% |
| TTM: | 58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 2.89 | 2.89 | 3.22 | 18.70 | 18.70 |
| Reserves | 6.22 | 6.55 | 14.75 | 8.28 | 11.01 |
| 35.22 | 36.66 | 37.58 | 40.01 | 42.23 | |
| 12.26 | 13.44 | 15.37 | 13.21 | 12.22 | |
| Total Liabilities | 56.59 | 59.54 | 70.92 | 80.20 | 84.16 |
| 5.69 | 5.27 | 5.79 | 4.99 | 5.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 50.90 | 54.27 | 65.13 | 75.21 | 79.16 | |
| Total Assets | 56.59 | 59.54 | 70.92 | 80.20 | 84.16 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -5.07 | 3.09 | 0.18 | -4.44 | |
| -0.01 | -0.07 | 0.17 | -0.57 | |
| 2.94 | -3.86 | -0.47 | 5.02 | |
| Net Cash Flow | -2.14 | -0.84 | -0.11 | 0.02 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 137.51 | 131.02 | 184.90 | 142.79 |
| Inventory Days | 304.36 | 213.63 | 249.51 | 253.68 |
| Days Payable | 112.73 | 90.31 | 114.20 | 62.44 |
| Cash Conversion Cycle | 329.15 | 254.34 | 320.21 | 334.03 |
| Working Capital Days | 303.18 | 248.66 | 299.63 | 304.48 |
| ROCE % | 12.83% | 17.10% | 16.91% |
Documents
Announcements
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Clarification - Financial Results
4 December 2024 - Exchange has sought clarification from Marco Cables & Conductors Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
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Awarding of order(s)/contract(s)
21 November 2024 - Marco Cables & Conductors Limited has informed about Awarding of order(s)/contract(s)
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Statement of deviation(s) or variation(s) under Reg. 32
9 November 2024 - Marco Cables & Conductors Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Outcome of Board Meeting
30 October 2024 - Marco Cables & Conductors Limited has informed regarding Board meeting held on October 30, 2024.
-
Financial Result Updates
30 October 2024 - Marco Cables & Conductors Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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.