Marco Cables & Conductors Ltd
Incorporated in 1989, Marco Cables & Conductors Ltd is in the business of manufacturing and selling wire, cables, wires, and conductors.[1]
- Market Cap ₹ 64.3 Cr.
- Current Price ₹ 34.4
- High / Low ₹ 44.5 / 26.6
- Stock P/E 15.3
- Book Value ₹ 19.5
- Dividend Yield 0.00 %
- ROCE 15.0 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has high debtors of 157 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.
Peer comparison
Industrials Capital Goods Industrial Products Cables - Electricals
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 42 | 56 | 56 | 72 | 111 | 103 | |
| 37 | 50 | 47 | 61 | 98 | 90 | |
| Operating Profit | 5 | 6 | 9 | 10 | 14 | 13 |
| OPM % | 12% | 11% | 16% | 15% | 12% | 12% |
| 0 | 0 | 1 | 0 | 0 | 0 | |
| Interest | 5 | 5 | 5 | 6 | 7 | 6 |
| Depreciation | 1 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 0 | 4 | 4 | 7 | 6 |
| Tax % | 0% | 31% | 22% | 30% | 26% | 29% |
| 0 | 0 | 3 | 3 | 5 | 4 | |
| EPS in Rs | 1.63 | 2.78 | 2.25 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 22% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 104% |
| 3 Years: | 18% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -12% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 19 | 19 | 19 |
| Reserves | 6 | 7 | 15 | 8 | 13 | 18 |
| 35 | 37 | 38 | 40 | 36 | 59 | |
| 12 | 13 | 15 | 13 | 18 | 13 | |
| Total Liabilities | 57 | 60 | 71 | 80 | 86 | 108 |
| 6 | 5 | 6 | 5 | 6 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 51 | 54 | 65 | 75 | 80 | 102 | |
| Total Assets | 57 | 60 | 71 | 80 | 86 | 108 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -5 | 3 | 0 | -5 | 12 | -16 | |
| -0 | -0 | 0 | -1 | -1 | -0 | |
| 3 | -4 | -0 | 5 | -11 | 17 | |
| Net Cash Flow | -2 | -1 | -0 | -0 | -0 | 0 |
| Free Cash Flow | -5 | 3 | 1 | -5 | 10 | -17 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -97% | 52% | 11% | -34% | 95% | -116% |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 138 | 131 | 185 | 143 | 81 | 157 |
| Inventory Days | 304 | 214 | 250 | 254 | 187 | 207 |
| Days Payable | 113 | 90 | 114 | 62 | 53 | 35 |
| Cash Conversion Cycle | 329 | 254 | 320 | 334 | 214 | 329 |
| Working Capital Days | 93 | 84 | 156 | 153 | 93 | 152 |
| ROCE % | 13% | 17% | 17% | 20% | 15% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Capacity Utilisation % |
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| Installed Production Capacity Km p.a. |
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| Order Book ₹ crore |
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| Permanent Employees count |
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| Manufacturing Cycle Time months |
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| Sales Volume Growth % |
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| Share of RDSS-linked Business % |
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Extracted by Screener AI
Documents
Announcements
-
Outcome of Board Meeting
- Board approved issue of 63 lakh warrants worth Rs 20.13 crore; EGM on November 18, 2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; no demat or remat requests.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- Marco Cables & Conductors says corporate governance report not applicable for quarter ended 30 September 2026.
-
Trading Window
- Trading window closed from October 1, 2026 until 48 hours after half-year results.
-
Shareholders meeting
- Marco Cables’ 25 Sept 2026 AGM resolutions, including audited standalone accounts and director appointment, were passed.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
Business Overview:[1]
MCCL is engaged in the manufacturing of wires and cables (With Aluminium / Copper Conductor), XLPE /PVC Cables, ABC (Aerial Bunched Cables), AAAC (All Aluminium Alloy Conductor) & ACSR (Aluminium Conductor Steel Reinforced) and Conductors, etc. for distribution & transmission power lines. The company manufactures Low Tension (LT) cables under the brand name of HMT.