Marco Cables & Conductors Ltd

Marco Cables & Conductors Ltd

₹ 65.9 -0.90%
21 Nov 3:44 p.m.
About

Incorporated in 1989, Marco Cables & Conductors Limited is engaged in manufacturing and selling wires, cable wires, and conductors in India.[1]

Key Points

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.

  • Market Cap 123 Cr.
  • Current Price 65.9
  • High / Low 84.0 / 38.1
  • Stock P/E 25.5
  • 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

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
22.19 34.57 20.70 50.94 48.74
19.72 28.54 16.77 44.56 42.11
Operating Profit 2.47 6.03 3.93 6.38 6.63
OPM % 11.13% 17.44% 18.99% 12.52% 13.60%
0.00 0.67 0.18 0.25 0.15
Interest 1.79 2.93 2.73 3.24 2.88
Depreciation 0.24 0.24 0.24 0.23 0.25
Profit before tax 0.44 3.53 1.14 3.16 3.65
Tax % 25.00% 21.81% 17.54% 33.54% 25.21%
0.32 2.76 0.93 2.10 2.73
EPS in Rs 0.50 1.12 1.46
Raw PDF

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: 10%
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%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024Sep 2024
72.18% 72.18% 72.36%
27.82% 27.82% 27.64%
No. of Shareholders 1,4061,0281,144

Documents