Marco Cables & Conductors
- Market cap
- ₹ 64 Cr.
- P/E
- 16x
- P/B
- 1.82x
- 52-week range
- 26.6 – 44.5
- ROE
- 12%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 1.62
- Sector
- Industrial Products
- Industry
- Cables - Electricals
- Listed on
- NSE SME
About
Marco Cables & Conductors Limited is an India-based company. The Company is engaged in the business of manufacturing and selling wires, cables, and conductors. The Company commenced its operations with manufacturing of wires (with aluminium/copper conductor), Cross-linked polyethylene (XLPE) / Polyvinyl chloride (PVC) cables, Aerial Bunched Cables, subsequently it included All Aluminium Alloy Conductor (AAAC) and ACSR Aluminium Conductor Steel Reinforced (ACSR) Conductors. It also manufactures XLPE, PVC & Aerial Bunched Cables. The Company provides ACSR, AAAC, Aerial Bunched Cable (ABC) for the distribution and transmission of power lines. Its products include LT Aerial Bunched Cables, LT PVC Cables, AAAC Conductor, LT XLPE Cables, and ACSR Conductor. ACSR is a stranded conductor with hard drawn 1350-H19 aluminium wire on galvanized steel wire. XLPE cables are manufactured with copper / Aluminium Conductor with XLPE Insulation, laid up, Inner Taped/Extruded.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Cables - Electricals: 26 companies →Marco Cables & Conductors 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)16 against a typical 23.8: cheaper than most peers (1st = cheapest).6th of 26
- Sales growth−3.9% against a typical +38.5% from a year earlier.17th of 17
- Profit growth−50% against a typical +38.9% from a year earlier.15th of 15
- Share price, 3 months+9.4% against a typical +4%.10th of 24
- Size₹ 64.3 Cr. market value against a typical ₹ 1,468 Cr. (1st = largest).23rd of 25
Latest announcements
Exchange filings and their impact on the company.
- Board approved Rs 20.1 cr warrant issue at Rs 31.95 to promoters and investors, adding cash equal to 36% of market cap.
Marco Cables board on Oct 19, 2026 approved a preferential issue of up to 63 lakh convertible warrants at Rs 31.95 each, totalling up to Rs 20.13 crore to 2 promoters and 14 non-promoter investors. 25% or Rs 5.03 crore is payable upfront on allotment, with the balance on conversion within 18 months. The company will seek shareholder approval at an EGM on Nov 18, 2026; the issue at a premium to the Rs 29.95 market price will strengthen net worth and liquidity but dilute existing holders by up to 34% on full conversion.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 19 Oct 2026 | Warrants | Board approved | ₹ 20.13 Cr. | ₹ 31.95 | +12.68% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 19 Oct 2026 | Fund Raising | To consider Fund Raising |
| 15 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 10 Nov 2025 | Financial Results/Other business matters | To consider and approve the Unaudited financial results along with Limited Review Report for the half year ended on September 30, 2025 and other matter with the permission of the chair. |
| 19 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
| 30 Oct 2024 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2024 and other business matters |
| 22 May 2024 | Financial Results | To consider and approve the financial results for the period ended March 31, 2024 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | 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 | — | — | 0.5 | 1.12 | 1.46 | 1.32 | 1.61 | 0.64 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 22%
- TTM
- −8%
- 10 Years
- —
- 5 Years
- 104%
- 3 Years
- 18%
- TTM
- −19%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −12%
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Marco Cables & Conductors | ₹ 36.00 | ₹ 64 Cr. | 16x | 1.8x | 12% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Sumit Sugnomal Kukreja
- Chairman of the Board, Managing Director
- Madan Gurmukhdas Mulchandani
- Chief Financial Officer
- Priyanka Vinod Patil
- Compliance Officer, Company Secretary
- Sanjaykumar Vishwanath Surse
- General Manager of Factory Administration Department
- Sugnomal Mangandas Kukreja
- Wholetime Director
- Subhash D. Chilakwad
- Head of Quality Management System and Research and Development
- Raju Loku Raju
- Production Manager
- Yogesh Vasantrao Rudraksha
- Production Manager
Prices are delayed and for information only. Nothing on this page is investment advice.