Marco Cables & Conductors Ltd
Incorporated in 1989, Marco Cables & Conductors Limited is engaged in manufacturing and selling wires, cable wires, and conductors in India.[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 58.4
- High / Low ₹ 84.0 / 38.1
- Stock P/E 22.6
- 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
Half Yearly Results
Figures in Rs. Crores
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: | 4% |
| 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% |
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
18 January 2025 - Marco Cables & Conductors Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Quarter ended 31st December, 2024.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
18 January 2025 - Marco Cables & Conductors Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for Quarter ended 31st December, 2024.
-
Reply to Clarification- Financial results
18 December 2024 - Exchange had sought clarification from Marco Cables & Conductors Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
-
Clarification - Financial Results
4 December 2024 - Exchange has sought clarification from Marco Cables & Conductors Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
-
Awarding of order(s)/contract(s)
21 November 2024 - Marco Cables & Conductors Limited has informed about Awarding of order(s)/contract(s)
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.