Madhav Copper Ltd
Incorporated in 2012, Madhav Copper Ltd is in the business of Copper Fabricated Product and Winding wires[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 59.8
- High / Low ₹ 84.0 / 33.6
- Stock P/E 34.6
- Book Value ₹ 16.8
- Dividend Yield 0.00 %
- ROCE 8.42 %
- ROE 10.8 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Debtor days have improved from 42.4 to 31.9 days.
- Company's median sales growth is 81.4% of last 10 years
Cons
- Stock is trading at 3.55 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -9.24% over past five years.
- Tax rate seems low
- Company has a low return on equity of 1.37% 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
Industrials Capital Goods Industrial Products Aluminium, Copper & Zinc Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 20 | 36 | 71 | 169 | 213 | 202 | 383 | 122 | 0 | 35 | 125 | |
1 | 18 | 34 | 69 | 164 | 204 | 194 | 374 | 122 | 2 | 37 | 118 | |
Operating Profit | -0 | 1 | 2 | 2 | 4 | 9 | 9 | 9 | 0 | -2 | -1 | 6 |
OPM % | -28% | 6% | 6% | 3% | 3% | 4% | 4% | 2% | 0% | -3% | 5% | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | -0 | 5 | 1 | |
Interest | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 3 | 2 | 2 | 2 |
Profit before tax | -1 | 0 | 1 | 1 | 3 | 6 | 6 | 6 | -2 | -5 | 1 | 3 |
Tax % | 0% | 30% | 32% | 26% | 26% | 39% | 27% | 27% | 29% | -16% | -6% | -36% |
-1 | 0 | 1 | 1 | 2 | 4 | 4 | 4 | -2 | -4 | 1 | 5 | |
EPS in Rs | -0.69 | 0.19 | 0.30 | 0.34 | 0.96 | 1.48 | 1.64 | 1.65 | -0.90 | -1.62 | 0.45 | 1.73 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | -9% |
3 Years: | 1% |
TTM: | 251% |
Compounded Profit Growth | |
---|---|
10 Years: | 30% |
5 Years: | 3% |
3 Years: | 53% |
TTM: | 281% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | 32% |
1 Year: | 58% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
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 | 0.75 | 2 | 2 | 2 | 2 | 6 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | -1 | -0 | 1 | 5 | 7 | 7 | 29 | 33 | 31 | 26 | 27 | 32 |
4 | 6 | 6 | 11 | 7 | 12 | 4 | 3 | 7 | 1 | 13 | 26 | |
1 | 4 | 1 | 5 | 7 | 21 | 14 | 81 | 63 | 63 | 10 | 3 | |
Total Liabilities | 5 | 12 | 9 | 23 | 24 | 46 | 60 | 130 | 115 | 103 | 64 | 75 |
2 | 2 | 3 | 4 | 6 | 12 | 13 | 15 | 13 | 11 | 10 | 9 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 3 | 3 |
Investments | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
2 | 10 | 7 | 19 | 18 | 32 | 46 | 112 | 98 | 89 | 51 | 63 | |
Total Assets | 5 | 12 | 9 | 23 | 24 | 46 | 60 | 130 | 115 | 103 | 64 | 75 |
Cash Flows
Figures in Rs. Crores
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 | -3 | 2 | -6 | 7 | 9 | -13 | 2 | 3 | -1 | -1 | 3 | |
0 | -1 | -0 | -2 | -3 | -9 | -3 | -7 | -1 | 1 | -1 | -1 | |
0 | 3 | -2 | 8 | -4 | 0 | 23 | -3 | -1 | -0 | 2 | -3 | |
Net Cash Flow | 0 | -0 | 0 | 0 | -0 | 0 | 7 | -7 | 0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
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 | 218 | 117 | 36 | 44 | 30 | 40 | 24 | 35 | 109 | 53 | 32 | |
Inventory Days | 424 | 51 | 24 | 42 | 4 | 13 | 21 | 49 | 107 | 12,798 | 351 | 121 |
Days Payable | 26 | 71 | 3 | 23 | 13 | 32 | 19 | 78 | 179 | 22,075 | 88 | 13 |
Cash Conversion Cycle | 616 | 97 | 57 | 63 | 21 | 21 | 25 | 6 | 37 | 316 | 140 | |
Working Capital Days | 593 | 96 | 53 | 64 | 21 | 18 | 43 | 29 | 103 | 419 | 169 | |
ROCE % | -18% | 15% | 23% | 16% | 23% | 34% | 18% | 14% | -3% | -10% | 4% | 8% |
Documents
Announcements
-
Appointment
4 June 2025 - Re-appointment of Mrs. Dinal Ashokbhai Lakhani as Independent Director for 5 years from June 4, 2025.
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
4 June 2025 - MADHAV COPPER LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Action(s) initiated or orders passed
2 June 2025 - GST order demands Rs. 31.08 Cr for FY21-22; company disputes and will respond.
-
Action(s) initiated or orders passed
31 May 2025 - GST tax demand of Rs.9.28 crore for FY 2021-22; company reviewing order and may appeal.
-
Copy of Newspaper Publication
29 May 2025 - Newspaper publication of Madhav Copper's audited financial results for Q4 and FY 2025.
Annual reports
Concalls
-
Jan 2020TranscriptNotesPPT
Business Overview:[1]
MCL is a part of the Gujarat-based Madhav group. It manufactures and trades in enamelled and submersible wires.