Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 22 | 35 | 21 | 51 | 49 | 63 | 54 | 49 |
| Expenses | 20 | 29 | 17 | 45 | 42 | 56 | 47 | 43 |
| Operating Profit | 2 | 6 | 4 | 6 | 7 | 7 | 7 | 5 |
| OPM % | 11% | 17% | 19% | 13% | 14% | 11% | 13% | 11% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 4 | 1 | 3 | 4 | 3 | 4 | 2 |
| Tax % | 25% | 22% | 18% | 34% | 25% | 28% | 25% | 37% |
| Net Profit | 0 | 3 | 1 | 2 | 3 | 2 | 3 | 1 |
| EPS in Rs | 0.50 | 1.12 | 1.46 | 1.32 | 1.61 | 0.64 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 42 | 56 | 56 | 72 | 111 | 103 |
| Expenses | 37 | 50 | 47 | 61 | 98 | 90 |
| Operating Profit | 5 | 6 | 9 | 10 | 14 | 13 |
| OPM % | 12% | 11% | 16% | 15% | 12% | 12% |
| Other Income | 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% |
| Net Profit | 0 | 0 | 3 | 3 | 5 | 4 |
| EPS in Rs | 1.63 | 2.78 | 2.25 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 19% | 22% | -8% | ||
| Compounded Profit Growth | % | 104% | 18% | -19% | ||
| Stock Price CAGR | % | % | -13% | -28% | ||
| Return on Equity | % | 14% | 14% | 12% |
| 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 |
| Borrowings | 35 | 37 | 38 | 40 | 36 | 59 |
| Other Liabilities | 12 | 13 | 15 | 13 | 18 | 13 |
| Total Liabilities | 57 | 60 | 71 | 80 | 86 | 108 |
| Fixed Assets | 6 | 5 | 6 | 5 | 6 | 6 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 51 | 54 | 65 | 75 | 80 | 102 |
| Total Assets | 57 | 60 | 71 | 80 | 86 | 108 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -5 | 3 | 0 | -5 | 12 | -16 |
| Cash from Investing Activity | -0 | -0 | 0 | -1 | -1 | -0 |
| Cash from Financing Activity | 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/OP | -97% | 52% | 11% | -34% | 95% | -116% |
| 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% |
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Promoters | 72.18% | 72.18% | 72.36% | 72.65% | 72.81% | 72.81% |
| Public | 27.82% | 27.82% | 27.64% | 27.35% | 27.19% | 27.19% |
| No. of Shareholders | 1,406 | 1,028 | 1,144 | 1,487 | 1,491 | 1,414 |
Fundamentals
Market Cap₹ 53.6 Cr.
Current Price₹ 28.6
Stock P/E12.8
Book Value₹ 19.5
ROCE15.0 %
ROE12.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-8%
Compounded Profit Growth (TTM)-19%
Standalone figures.
Valuation
Market capRs 56 Cr
Enterprise valueRs 89 Cr
P/E (TTM)169.73x
Price to book5.93x
Price to sales1.00x
EV / EBITDA14.15x
EV / EBIT15.35x
EV / sales1.58x
Price to cash flow18.13x
Earnings yield0.59%
Profitability
Operating margin (excl. other income)10.76%
Operating margin (incl. other income)11.19%
EBITDA margin11.19%
Pre-tax margin0.85%
Net profit margin0.59%
ROE3.56%
ROCE12.83%
ROA0.57%
ROIC (approx.)9.39%
Tax rate31.25%
Other income / net worth2.54%
Growth
Sales growth (latest year)32.63%
Profit growth (latest year)175.00%
Per share
EPS (TTM)Rs 0.18
EPS (latest year)Rs 11.40
Book value per shareRs 5.05
Sales per shareRs 30.06
Cash flow per shareRs 1.65
Free cash flow per shareRs -9.09
Efficiency
Asset turnover0.94x
Fixed asset turnover10.67x
Inventory turnover1.86x
Inventory days197 days
Debtor days131 days
Debtors turnover2.79x
Creditor days35 days
Cash conversion cycle329 days
Working capital days152 days
Leverage
Total debtRs 37 Cr
Cash and bankRs 4 Cr
Net debtRs 33 Cr
Debt to equity3.88x
Net debt / EBITDA5.25x
Interest coverage1.09x
Owners' fund to total sources15.85%
Debt to assets61.57%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -17 Cr
FCFE (approx.: FCF + change in debt)Rs -16 Cr
Cash from ops / profit, 5 years-0.40x
Sales to cash flow18.19x
Statement figures
Net sales (TTM)Rs 56 Cr
Net sales (latest year)Rs 56 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 46 Cr
Total expenditure (latest year)Rs 50 Cr
Total income (latest year)Rs 56 Cr
Share capitalRs 3 Cr
ReservesRs 7 Cr
Shareholders' fundsRs 9 Cr
Total assetsRs 60 Cr
Net blockRs 5 Cr
ReceivablesRs 20 Cr
InventoryRs 25 Cr
Other liabilitiesRs 13 Cr
Shares outstanding (crore)1.87
Ownership
Promoter holding72.81% (+0.63 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | MARCO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.0% | -2.8% | +4.8 pts |
| 1 month | -6.1% | -6.8% | +0.7 pts |
| 3 months | -4.9% | -7.6% | +2.7 pts |
| 6 months | -7.8% | +0.4% | -8.3 pts |
| 1 year | -26.0% | -9.9% | -16.1 pts |
| 2 years | -44.3% | -13.6% | -30.7 pts |
| 3 years | -29.7% | +14.2% | -43.9 pts |
Red flags
F-score 7 of 8| explain | Weak cash conversion Cash from operations was -440% of net profit over the last 2 years |
| explain | Low interest cover Interest cover 1.1x in 2026 |
| look | Profit leans on other income Other income was 50% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹49 Cr -3.9% vs Mar 2024.
Net profit ₹1 Cr -50.0%.
Against our estimate for Mar 2026: sales -33.4%, profit -71.3% big miss.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Polycab India Ltd | 122,102 | 42.6 | 33.2 % |
| KEI Industries Ltd | 42,647 | 42.8 | 20.0 % |
| R R Kabel Ltd | 28,539 | 46.7 | 28.1 % |
| Finolex Cables Ltd | 21,954 | 27.4 | 16.0 % |
| KSH International Ltd | 6,968 | 53.2 | 21.5 % |
| Universal Cables Ltd | 5,096 | 25.5 | 11.7 % |
| V-Marc India Ltd | 4,639 | 39.7 | 41.4 % |
| Laser Power & Infra Ltd | 3,796 | 34.6 | 20.5 % |
| Lumino Industries Ltd | 3,179 | 18.7 | 26.6 % |
| Quadrant Future Tek Ltd | 2,161 | -15.5 % | |
| Dynamic Cables Ltd | 2,102 | 23.0 | 26.2 % |
| Paramount Communications Ltd | 1,892 | 31.0 | 12.4 % |
| Divine Power Energy Ltd | 1,546 | 57.9 | % |
| Systematic Industries Ltd | 596 | 27.7 | 17.4 % |
| Susan Electricals India Ltd | 581 | 23.2 | 37.0 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded
Quick answers
What is the market cap of Marco Cables & Conductors Ltd?
Marco Cables & Conductors Ltd (MARCO) has a market capitalisation of Rs 53.6 Cr. at the 2026-09-30 close.
What is the P/E ratio of Marco Cables & Conductors Ltd?
Marco Cables & Conductors Ltd trades at a P/E of 12.8 on trailing twelve-month profit, at the 2026-09-30 close.
What were Marco Cables & Conductors Ltd's latest quarterly results?
In the Mar 2026 quarter, Marco Cables & Conductors Ltd sales was Rs 49 Cr (-3.9% vs Mar 2024) and net profit was Rs 1 Cr.
What is the 52-week high and low of Marco Cables & Conductors Ltd?
The 52-week high is Rs 44.50 and the 52-week low is Rs 26.60.