M Tek Copper Ltd

AI

M Tek Copper Ltd

₹ 51.8 -1.22%
21 Oct - close price
About

Incorporated in 2012, Madhav Copper Ltd is in the business of Copper Fabricated Product and Winding wires[1]

Key Points

Business Overview:[1]
MCL is a part of the Gujarat-based Madhav group. It manufactures and trades in enamelled and submersible wires.

  • Market Cap ₹ 141 Cr.
  • Current Price ₹ 51.8
  • High / Low ₹ 93.2 / 42.0
  • Stock P/E 31.1
  • Book Value ₹ 18.5
  • Dividend Yield 0.00 %
  • ROCE 12.6 %
  • ROE 9.36 %
  • Face Value ₹ 5.00

Pros

  • Company is expected to give good quarter
  • Company's median sales growth is 88.1% of last 10 years
  • Company's working capital requirements have reduced from 158 days to 58.9 days

Cons

  • Stock is trading at 2.80 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.08%
  • Company has a low return on equity of 7.93% 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.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
1.44 6.02 13.47 14.58 24.49 25.73 32.86 41.60 46.20 51.14 52.80 84.06 80.26
2.02 6.68 13.56 14.50 22.70 24.26 31.09 40.46 44.18 49.31 50.49 79.76 77.36
Operating Profit -0.58 -0.66 -0.09 0.08 1.79 1.47 1.77 1.14 2.02 1.83 2.31 4.30 2.90
OPM % -40.28% -10.96% -0.67% 0.55% 7.31% 5.71% 5.39% 2.74% 4.37% 3.58% 4.38% 5.12% 3.61%
0.01 0.07 0.18 4.55 0.09 0.16 0.14 0.39 0.17 0.34 0.07 0.93 0.16
Interest 0.01 0.03 0.20 0.32 0.31 0.31 0.52 0.69 0.80 0.70 0.83 0.96 1.06
Depreciation 0.44 0.45 0.47 0.48 0.40 0.41 0.41 0.44 0.36 0.36 0.36 0.58 0.40
Profit before tax -1.02 -1.07 -0.58 3.83 1.17 0.91 0.98 0.40 1.03 1.11 1.19 3.69 1.60
Tax % -1.96% -1.87% 55.17% -9.40% 4.27% -4.40% 7.14% -330.00% -0.97% 118.92% 36.13% 21.41% 34.38%
-1.01 -1.06 -0.90 4.20 1.12 0.94 0.91 1.72 1.04 -0.20 0.76 2.91 1.05
EPS in Rs -0.37 -0.39 -0.33 1.55 0.41 0.35 0.34 0.63 0.38 -0.07 0.28 1.07 0.39
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
20 36 71 169 213 202 383 122 0 35 124 234 268
18 34 69 164 204 194 374 122 2 37 118 224 257
Operating Profit 1 2 2 4 9 9 9 0 -2 -1 6 10 11
OPM % 6% 6% 3.4% 2.7% 4.2% 4.3% 2.4% 0.1% -3.5% 5.0% 4.5% 4.2%
0 0 0 0 0 1 0 2 -0 5 1 2 2
Interest 0 1 1 1 1 1 1 1 1 1 2 3 4
Depreciation 0 0 0 1 2 2 3 3 2 2 2 2 2
Profit before tax 0 1 1 3 6 6 6 -2 -5 1 3 7 8
Tax % 30% 32% 26% 26% 39% 27% 27% 29% -16% -6% -36% 36%
0 1 1 2 4 4 4 -2 -4 1 5 4 5
EPS in Rs 0.19 0.30 0.34 0.96 1.48 1.64 1.65 -0.90 -1.62 0.45 1.73 1.65 1.67
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 21%
5 Years: -9%
3 Years: %
TTM: 83%
Compounded Profit Growth
10 Years: 20%
5 Years: 1%
3 Years: 45%
TTM: -2%
Stock Price CAGR
10 Years: %
5 Years: 8%
3 Years: 21%
1 Year: 2%
Return on Equity
10 Years: 6%
5 Years: 1%
3 Years: 8%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 2 2 2 2 6 14 14 14 14 14 14 14
Reserves -0 1 5 7 7 29 33 31 26 27 32 37
6 6 11 7 12 4 3 7 1 13 26 41
4 1 5 7 21 14 81 63 63 10 5 22
Total Liabilities 12 9 23 24 46 60 130 115 103 64 77 113
2 3 4 6 12 13 15 13 11 10 9 11
CWIP 0 0 0 0 0 0 2 3 3 3 3 0
Investments 0 0 0 1 1 1 1 1 0 0 0 0
10 7 19 18 32 46 112 98 89 51 65 102
Total Assets 12 9 23 24 46 60 130 115 103 64 77 113

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-3 2 -6 7 9 -13 2 3 -1 -1 3 6
-1 -0 -2 -3 -9 -3 -7 -1 1 -1 -1 -0
3 -2 8 -4 0 23 -3 -1 -0 2 -3 -6
Net Cash Flow -0 0 0 -0 0 7 -7 0 -0 0 -0 0
Free Cash Flow -3 2 -8 5 9 -16 -5 1 -1 -2 3 6
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit -198% 94% -247% 158% 98% -129% 48% 2,471% 24% 102% 54% 66%

Ratios

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 117 36 44 30 40 24 35 109 53 32 32
Inventory Days 51 24 42 4 13 21 49 107 12,798 351 121 88
Days Payable 71 3 23 13 32 19 78 179 22,075 88 13 17
Cash Conversion Cycle 97 57 63 21 21 25 6 37 316 140 103
Working Capital Days 23 19 20 10 5 43 28 83 316 99 59
ROCE % 15% 23% 16% 23% 34% 18% 14% -3% -10% 4% 8% 13%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Permanent Employees
employees

Log in to view insights

Please log in to see hidden values.

Login
Actual Production - Bare Copper Wire / Rod / Strip / Bus bars / Profile
MT
Geographic Revenue Mix (Rs. lakhs)
Rs. lakhs
Actual Production - Enamelled Copper Round Wire
MT
Actual Production - Submersible Copper Winding Wire
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

18 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 65.21% 65.21% 65.21% 63.13%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.12%
33.66% 33.66% 33.66% 33.66% 33.66% 33.66% 33.66% 33.66% 34.79% 34.79% 34.79% 36.75%
No. of Shareholders 10,99611,64912,85014,06916,34016,08516,84919,24227,61640,25938,08638,198

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents