SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Marco Cables & Conductors Ltd (MARCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: MARCO Cable | Small Cap | Marco Cables&Conduct Share Price

BSE Share Price
Not Listed

Marco Cables & Conductors Ltd (MARCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: MARCO Cable | Small Cap | Marco Cables&Conduct Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹58 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹2.3
TTM Sales
₹103 Cr.
Book Value per Share
₹17.2
P/E Ratio
13.76
Lower than its 5-year historical median
Industry PE
55.4
Price to Book (P/B)
1.80
Lower than its 5-year historical median
Price to Sales (P/S)
0.56
Lower than its 5-year historical median
EV/EBITDA
7.01
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
17.56%
Outperforms industry median
Return on Capital Employed (ROCE)
20.12%
Outperforms industry median
Return on Assets (ROA)
6.37%
Operating Profit Margin
12.4%
Net Profit Margin
4.66%
Gross Profit Margin
5.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
55.49%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
32.47%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
71.05%
Asset Quality
Promoter Holding
72.81%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹13 Cr.
Equity
₹18.7 Cr.
Face Value
₹10
All Time Low / High
- / -

Marco Cables & Conductors stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Marco Cables & Conductors Ltd a good quality company?
Marco Cables & Conductors Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Marco Cables & Conductors Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Marco Cables & Conductors Ltd vs industry peers?
Marco Cables & Conductors Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 4.57%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Marco Cables & Conductors Ltd?
Promoters hold 72.81% of the Marco Cables & Conductors Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Marco Cables & Conductors Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -20.78% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Marco Cables & Conductors Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10%11.8%12.5%14.1%2%14.8%12.8%18.4%16.9%20.1%-
Value Creation
Index
-0.3-0.2-0.10.0-0.90.1-0.10.30.20.4-

Growth Parameters

Sales 30.73027.543.4042.456.456.871.7111103
Sales YoY Gr.--2%-8.5%58.1%-100%NA33.1%0.6%26.2%55.5%-
Adj EPS 0.30.20.20.40.40.10.21.61.62.82.3
YoY Gr.--4%-16.7%80%16.7%-85.7%266.7%645.5%-1.2%72.2%-
BVPS (₹) 55.25.45.86.26.36.511.214.417.217.2
Adj Net
Profit
0.20.20.20.30.40.10.32.635.24
Cash Flow from Ops. 0000-1.9-5.13.10.2-4.411.9-
Debt/CF from Ops. 0000-10.8-6.911.9206.8-93-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 15.4%NA25.5%55.5%
Adj EPS 30.7%46%133.2%72.2%
BVPS14.7%22.6%38.1%19.3%
Share Price - - - -31.3%

Key Financial Parameters

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.14.73.86.56.91.23.519.213.517.713.1
Op. Profit
Mgn %
67.68.76.5012.410.715.914.512.4NAN
Net Profit
Mgn %
0.70.70.60.700.20.64.64.24.74.1
Debt to
Equity
3.13.32.73.43.83.93.92.11.51.1-
Working Cap
Days
21822926819903483143062882000
Cash Conv.
Cycle
-4,31217015612002212061881971500

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'21Mar'22Mar'23Mar'24Mar'25
Sales30.6530.0427.4843.44042.3956.4156.7771.65111.41
Operating Expenses + 28.8027.7725.1040.60-0.6537.1450.3747.7761.2497.61
Manufacturing Costs02.350000.060.080.230.050.05
Material Costs021.2820.1033.75-1.0533.9546.2343.9557.3390.18
Employee Cost 01.170000.790.700.720.862.19
Other Costs 28.802.9856.860.402.333.362.8635.20
Operating Profit 1.852.272.382.830.655.256.04910.4113.79
Operating Profit Margin (%) 6.0%7.5%8.6%6.5%-12.4%10.7%15.9%14.5%12.4%
Other Income + 0.070.090.080.1000.440.240.170.430.30
Exceptional Items 00000000.6400
Interest 1.451.842.022.3105.035.325.386.066.51
Depreciation 0.190.200.210.220.200.540.490.480.470.51
Profit Before Tax 0.280.310.240.410.460.120.483.954.307.07
Tax 0.070.110.060.100.11-00.140.871.271.87
Profit After Tax 0.210.200.170.310.350.120.333.083.045.20
PAT Margin (%) 0.7%0.7%0.6%0.7%-0.3%0.6%5.4%4.2%4.7%
Adjusted EPS (₹)0.30.20.20.40.40.10.21.91.62.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Marco Cables&Conduct - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4.234.444.614.925.279.119.4517.9726.9832.18
Share Capital 1.691.691.691.691.692.892.893.2218.7018.70
Reserves 2.542.742.923.223.586.226.5514.758.2813.48
Debt +13.2714.6412.4316.5220.1929.9433.7534.2936.3230
Long Term Debt13.2714.644.032.874.7610.8011.2415.4417.298.01
Short Term Debt008.4013.6515.4319.1422.5118.8519.0322
Minority Interest0000000000
Trade Payables4.873.308.065.5812.049.5010.5612.399.079.67
Others Liabilities 0.400.451.253.403.068.045.796.257.8210.96
Total Liabilities 22.7822.8326.3530.4140.5656.5959.5570.9080.2082.81

Fixed Assets

Net Fixed Assets +2.702.892.963.193.205.675.255.794.995.86
Gross Block4.795.185.455.966.1711.4911.5711.6912.2613.64
Accumulated Depreciation2.082.282.492.772.975.826.315.907.267.78
CWIP 0000000000
Investments 000.991.081.430.010.01000
Inventories7.5910.4211.4913.0315.8625.6524.9827.0736.8543.80
Trade Receivables11.047.619.0911.8117.3315.9720.1828.5128.0324.59
Cash Equivalents 1.061.230.810.381.594.493.653.543.554.32
Others Assets 0.380.681.010.921.164.795.465.996.774.25
Total Assets 22.7822.8326.3530.4140.5656.5959.5570.9080.2082.81

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 00-1.86-5.073.090.18-4.4411.85
PBT 000.460.120.483.324.307.07
Adjustment 000.055.625.885.596.146.81
Changes in Working Capital 00-2.26-10.85-3.23-7.89-13.89-0.81
Tax Paid 00-0.110.03-0.03-0.84-0.99-1.21
Cash Flow From Investing Activity + 00-0.41-0.01-0.070.17-0.57-1.38
Capex 00-0.21-0.01-0.070.53-0.57-1.38
Net Investments 00-0.3500000
Others 000.1500-0.3600
Cash Flow From Financing Activity + 003.482.94-3.86-0.475.02-10.56
Net Proceeds from Shares 000003.619.360
Net Proceeds from Borrowing 001.70-4.120.4401.85-2.30
Interest Paid 000-5.03-5.29-5.32-5.97-6.33
Dividend Paid 00000000
Others 001.7812.090.991.24-0.22-1.93
Net Cash Flow 001.22-2.14-0.84-0.110.02-0.08

Financial Ratio

PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)5.094.683.846.466.921.73.6122.4913.5117.56
ROCE (%)9.9911.812.4814.111.9514.7612.8118.3616.9220.12
Asset Turnover Ratio1.381.321.121.5300.870.971.031.121.61
PAT to CFO Conversion(x)00-10.94-16.358.831.5-13.453.8500
Working Capital Days
Receivable Days127.80113.30110.9087.800143.30117132.70122.1073.10
Inventory Days84.40109.50145.601030178.70163.80141.80138112
Payable Days070.10103.1073.70-3,056.90115.7079.2095.3068.3037.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Marco Cables & Conductors Ltd FAQs

The current trading price of Marco Cables&Conduct on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Marco Cables&Conduct stood at ₹57.78 Cr

The latest P/E ratio of Marco Cables&Conduct as of 31-Dec-1969 is 13.76.

The latest P/B ratio of Marco Cables&Conduct as of 31-Dec-1969 is 1.80.

The 52-week high of Marco Cables&Conduct is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Marco Cables&Conduct is ₹103 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Marco Cables & Conductors Ltd is a average quality company.

The key valuation ratios of Marco Cables & Conductors Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Marco Cables & Conductors Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Marco Cables & Conductors Ltd

Marco Cables & Conductors was originally incorporated as a private limited under the name ‘Marco Cables Private Limited’ under the provisions of Companies Act 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Mumbai on April 13, 1989. Subsequently, the name of the company was changed to ‘Marco Cables & Conductors Private Limited’ vide Shareholders Resolution dated April 25, 2023 with Certificate of Incorporation pursuant to change of name issued by Registrar of Companies, Mumbai dated May 22, 2023. Eventually, the status of the company was changed to Public Limited and the name of the company was changed to ‘Marco Cables & Conductors Limited’ vide Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting of the company held on May 25, 2023. The fresh Certificate of Incorporation consequent to conversion was issued on June 19, 2023 by the Registrar of Companies, Mumbai.

The company is engaged in the business of manufacturing and selling of wires, cables wires and conductors in India. It commenced its operations with manufacturing of wires (with aluminium / copper conductor), XLPE /PVC cables, Aerial Bunched Cables, subsequently it included AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors and had made its presence in the industry. It has been manufacturing XLPE, PVC & Aerial Bunched Cables.

Majority of its products are supplied to electricity boards of different states like Maharashtra, Gujarat, Tamil Nadu, Telangana, Haryana, Chhattisgarh, Madhya Pradesh etc. and turnkey contractors of India. Its products cover entire range of voltage & transmission lines suitable up to 1.1 KV. Its products are also certified as compliant with various quality standards including Bureau of Indian Standards (BIS) and International Organization for Standardization (ISO). Its manufacturing facilities are equipped with in-house testing laboratory to ensure that the finished products match the quality standards and certifications as specified. 

It sells its products through a diversified sales & distribution mix, majorly by 1) securing government tenders for supply to government projects 2) supply to EPC contractors for turnkey projects and 3) direct sales to few private companies. Over the years, it has made continuous investments in its manufacturing infrastructure to support its product portfolio requirements and reach. Its capabilities as a company includes strict quality assurance system, in-depth production designing experience and established marketing and distribution relationships. It strives to deliver customized products and provide quality services.

Business area of the company 

The company is engaged in the business of manufacturing and selling of wires, cables and conductors in India.

Products of the company 

  • LT XLPE cables
  • LT PVC cables
  • LT Aerial Bunched Cables (ABC)
  • AAAC conductors
  • ACSR conductors

History and milestones 

  • 1989: Incorporation of the company as private limited company.
  • 1989: Establishment of the manufacturing facility in Nashik.
  • 1990: Received BIS Licence as per IS:1554 (Part 1):1976 for production of PVC insulated (heavy duty) electric cables.
  • 1996: Received BIS Licence as per IS:7098(Part 1):1988 for production of XLPE insulated and PVC Sheathed cables and Armoured and unarmoured with aluminium conductor single or multicore, excluding cables for use in mining.
  • 2001: Had procure its first Government Tender from Maharashtra State Electricity Board.
  • 2005: Received Quality Management System Certificate IS/ISO 9001: 2000.
  • 2006: Received BIS Licence Marks Licence as per IS:14255-1995 for production of Aerial Bunched Cables for working voltages up to and including 1100 volts.
  • 2016: The Company surpasses the Rs 50 crore revenue mark.
  • 2018: Received BIS Licence as per IS 398 (Part 4): 1994 for production of aluminium conductors for overhead transmission purposes: Part 4 Aluminium alloy, stranded conductors (aluminium magnesium silicon type).
  • 2019: Received BIS Licence as per IS 398 (Part 2): 1996 for production of aluminium conductors for overhead transmission purposes: Part 2 Aluminium conductors, galvanized steel reinforced.
  • 2019: The Company surpasses the Rs 100 crore revenue mark.
  • 2019: Received Environment Management System Certificate ISO 14001: 2015.
  • 2021: Received BQSR Certificate ISO 9001: 2015.
  • 2023: Name of the company changed to Marco Cables & Conductors Private Limited.
  • 2023: Conversion of the company from Private Limited to Public Limited Company. 

You have 4 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: