M Tek Copper

NSE: MCL
Compare with peers
₹ 50.13▲ 0.13 (+0.26%)28 Oct, 03:29 pm IST
Market cap
₹ 131 Cr.
P/E
29.2x
P/B
2.68x
52-week range
42 – 93.2
ROE
9%
ROCE
13%
Dividend yield
0%
Debt / equity
0.82
Sector
Industrial Products
Industry
Aluminium, Copper & Zinc Products
Listed on
NSE

About

M Tek Copper Limited, formerly Madhav Copper Limited, is an India-based company. The Company has a diverse product portfolio ranging from ferrous product steel, round bars, ingots, ship breaking, construction, textile, diamond and jewelry, among others. It offers a range of copper busbars, copper rods, profiles, copper fabricated products, enameled copper wire, paper-covered copper conductor, poly-wrap, submersible winding wire, fiberglass copper conductor, tapped insulated copper conductors, bare copper wire, and copper strips, suitable for any known application in pump, motors, transformer, generators, hydro generators, alternators, wind generators, panel and switch gear. Its wires and copper products are also suitable for use in high-speed automatic coil winding machines and to fabricate in automatic computerized numerical control (CNC) machines. The copper rod is manufactured from a 100% London Metal Exchange (LME) registered grade A copper cathode used as a raw material.

Quick check

The five things to look at first. Open one for more.

M Tek Copper against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)29.2 against a typical 16.4: pricier than most peers (1st = cheapest).23rd of 26
  • Sales growth+73.7% against a typical +33.2% from a year earlier.6th of 18
  • Profit growth+1% against a typical +78% from a year earlier.14th of 16
  • Share price, 3 months−6% against a typical −5.3%.13th of 24
  • Size₹ 131.1 Cr. market value against a typical ₹ 191.5 Cr. (1st = largest).16th of 26

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

AgencyCurrent ratingOutlookAs of
CRISILWithdrawn—22 May 2026

Every agency has withdrawn its rating.

Credit rating actions
RatingDetails
22 May 2026
Withdrawn
——CRISIL₹ 18 Cr.
25 Sep 2025
Reaffirmed
Crisil B-(Issuer Not Cooperating)—CRISIL₹ 18 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
12 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
27 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
13 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
13 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
28 Aug 2025Other business mattersTo consider other business matters
13 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters

Share price

1Y change −0.59%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales61315242633424651538480
Expenses71415232431404449508077
Operating Profit−1−00212122243
OPM %−11%−0.7%0.6%7.3%5.7%5.4%2.7%4.4%3.6%4.4%5.1%3.6%
Other Income005000000010
Interest000001111111
Depreciation000000000010
Profit before tax−1−14111011142
Tax %−1.9%55.2%−9.4%4.3%−4.4%7.1%−330%−1%118.9%36.1%21.4%34.4%
Net Profit−1−1411121−0131
EPS in Rs−0.39−0.331.550.410.350.340.630.38−0.070.281.070.39

Growth and returns

Compounded yearly rates over each period.

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
10%
3 Years
24%
TTM
—
Return on Equity
10 Years
6%
5 Years
1%
3 Years
8%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
65.21%
−1.13 pts in a year
Public
34.79%
+1.13 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 29.2xEPS (12 months) ₹ 1.67Median P/E 51.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
M Tek Copper₹ 50.13₹ 131 Cr.29.2x2.7x9%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.89.6x10.9x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.1x7.9x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.2x10.7x—12%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.464.5x11.2x2.6%1.2%
R R Kabel₹ 2,150.60₹ 26,329 Cr.51.2x10.1x20.8%5.1%

Management

Nileshbhai Natubhai Patel
Whole Time Chairman of the Board
Kamlesh Solanki
Chief Financial Officer
Sneha Langaliya
Compliance Officer, Company Secretary
Rohitbhai Bhikhabhai Chauhan
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.