Is Marco Cables & Conductors a good quality company?

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

Is Marco Cables & Conductors undervalued or overvalued?

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

What is Marco Cables & Conductors share price return in the past 10 years?

Data is not available for this company

Is Marco Cables & Conductors a good buy now?

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

What is the P/E ratio of Marco Cables & Conductors?

The latest standalone P/E ratio of Marco Cables & Conductors as of 01-Jan-1970 is 40.61.

What is the P/B ratio of Marco Cables & Conductors?

The latest standalone P/B ratio of Marco Cables & Conductors as of 01-Jan-1970 is 4.57.

What is the 52-week high and low of Marco Cables & Conductors?

The 52-week high of Marco Cables & Conductors is Rs. 0.00 and the 52-week low is Rs. 0.00.

Marco Cables & Conductors Ltd - Stock Valuation and Financial Performance

Name: Marco Cables & Conductors
Brand: Marco Cables & Conductors

BSE: 0 | NSE: MARCO | Cable | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Marco Cables:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	10.2%	10%	11.8%	12.5%	14.1%	2%	14.8%	12.8%	18.4%	16.9%	-
Value Creation Index ⓘ	-0.3	-0.3	-0.2	-0.1	0.0	-0.9	0.1	-0.1	0.3	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	25	30.7	30	27.5	43.4	0	42.4	56.4	56.8	71.7	72
Sales YoY Gr.	-	22.5%	-2%	-8.5%	58.1%	-100%	NA	33.1%	0.6%	26.2%	-
Adj EPS ⓘ	0.2	0.3	0.2	0.2	0.4	0.4	0.1	0.2	1.6	1.6	1.6
YoY Gr.	-	56.3%	-4%	-16.7%	80%	16.7%	-85.7%	266.7%	645.5%	-1.2%	-
BVPS (₹) ⓘ	4.8	5	5.2	5.4	5.8	6.2	6.3	6.5	11.2	14.4	14.4
Adj Net Profit ⓘ	0.1	0.2	0.2	0.2	0.3	0.4	0.1	0.3	2.6	3	3
Cash Flow from Ops. ⓘ	0	0	0	0	0	-1.9	-5.1	3.1	0.2	-4.4	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	-10.8	-6.9	11.9	206.8	-9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.4%	10.5%	19.1%	26.2%
Adj EPS ⓘ	29.3%	35.1%	200%	-1.2%
BVPSⓘ	13.1%	20%	31.8%	29.3%
Share Price	-	-	-	26.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	3.5	5.1	4.7	3.8	6.5	6.9	1.2	3.5	19.2	13.5	11.2
Op. Profit Mgn % ⓘ	7.5	6	7.6	8.7	6.5	0	12.4	10.7	15.9	14.5	NAN
Net Profit Mgn % ⓘ	0.6	0.7	0.7	0.6	0.7	0	0.2	0.6	4.6	4.2	4.2
Debt to Equity ⓘ	3.3	3.1	3.3	2.7	3.4	3.8	3.9	3.9	2.1	1.5	-
Working Cap Days ⓘ	237	218	229	268	199	0	348	314	306	288	0
Cash Conv. Cycle ⓘ	178	-4,312	170	156	120	0	221	206	188	197	0

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.12%

Net Profit is growing at healthy rate in last 3 years 200.00%

Debt to equity has declined versus last 3 years average to 1.48

Return on Equity has declined versus last 3 years average to 11.20%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Marco Cables & Conductors Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1.6	-
TTM Sales (₹ Cr.)	71.7	-
BVPS (₹.) ⓘ	14.4	-
Reserves (₹ Cr.) ⓘ	8	-
P/BV ⓘ	4.57	-
PE ⓘ	40.61	-

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	123
Equity (₹ Cr.)	18.7
Face Value (₹)	10
Industry PE ⓘ	57.1

Management X-Ray of Marco Cables:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Marco Cables

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Marco Cables

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'21	Mar'22	Mar'23	Mar'24
Sales	25	31	30	27	43	0	42	56	57	72
Operating Expenses ⓘ	23	29	28	25	41	-1	37	50	48	61
Manufacturing Costs	0	0	2	0	0	0	0	0	0	0
Material Costs	20	0	21	20	34	-1	34	46	44	57
Employee Cost	0	0	1	0	0	0	1	1	1	1
Other Costs ⓘ	3	29	3	5	7	0	2	3	3	3
Operating Profit ⓘ	2	2	2	2	3	1	5	6	9	10
Operating Profit Margin (%)	7.5%	6.0%	7.5%	8.6%	6.5%	-	12.4%	10.7%	15.9%	14.5%
Other Income ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	2	1	2	2	2	0	5	5	5	6
Depreciation ⓘ	0	0	0	0	0	0	1	0	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	1	0
Profit Before Tax ⓘ	0	0	0	0	0	0	0	0	4	4
Tax ⓘ	0	0	0	0	0	0	0	0	1	1
Profit After Tax	0	0	0	0	0	0	0	0	3	3
PAT Margin (%)	0.6%	0.7%	0.7%	0.6%	0.7%	-	0.3%	0.6%	5.4%	4.2%
Adjusted EPS (₹)	0.2	0.3	0.2	0.2	0.4	0.4	0.1	0.2	1.9	1.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	4	4	4	5	5	5	9	9	18	27
Share Capital ⓘ	2	2	2	2	2	2	3	3	3	19
Reserves ⓘ	2	3	3	3	3	4	6	7	15	8
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	13	13	15	12	17	20	30	34	34	36
Long Term Debt	13	13	15	4	3	5	11	11	15	17
Short Term Debt	0	0	0	8	14	15	19	23	19	19
Trade Payables	4	5	3	8	6	12	9	11	12	9
Others Liabilities ⓘ	0	0	0	1	3	3	8	6	6	8
Total Liabilities ⓘ	22	23	23	26	30	41	57	60	71	80
Fixed Assets
Gross Block	5	5	5	5	6	6	11	12	12	12
Accumulated Depreciation	2	2	2	2	3	3	6	6	6	7
Net Fixed Assetsⓘ	3	3	3	3	3	3	6	5	6	5
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	1	1	1	0	0	0	0
Inventories	7	8	10	11	13	16	26	25	27	37
Trade Receivables	10	11	8	9	12	17	16	20	29	28
Cash Equivalents	1	1	1	1	0	2	4	4	4	4
Others Assetsⓘ	1	0	1	1	1	1	5	5	6	7
Total Assets ⓘ	22	23	23	26	30	41	57	60	71	80

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-2	-5	3	0	-4
PBT ⓘ	0	0	0	3	4
Adjustment ⓘ	0	6	6	6	6
Changes in Working Capital ⓘ	-2	-11	-3	-8	-14
Tax Paid ⓘ	0	0	0	-1	-1
Cash Flow From Investing Activity ⓘ	0	0	0	0	-1
Capex	0	0	0	1	-1
Net Investments	0	0	0	0	0
Others ⓘ	0	0	0	0	0
Cash Flow From Financing Activityⓘ	3	3	-4	0	5
Net Proceeds from Shares ⓘ	0	0	0	4	9
Net Proceeds from Borrowing ⓘ	2	-4	0	0	2
Interest Paid ⓘ	0	-5	-5	-5	-6
Dividend Paid ⓘ	0	0	0	0	0
Others ⓘ	2	12	1	1	0
Net Cash Flow ⓘ	1	-2	-1	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	3.51	5.09	4.68	3.84	6.46	6.92	1.7	3.61	22.49	13.51
ROCE (%)	10.24	9.99	11.8	12.48	14.11	1.95	14.76	12.81	18.36	16.92
Asset Turnover Ratio	1.24	1.38	1.32	1.12	1.53	0	0.87	0.97	1.03	1.12
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	0
Working Capital Days
Receivable Days	124	128	113	111	88	0	143	117	133	122
Inventory Days	103	84	109	146	103	0	179	164	142	138
Payable Days	50	0	70	103	74	-3,057	116	79	95	68

Marco Cables & Conductors Ltd Stock News

Marco Cables & Conductors Ltd FAQs

What is the share price of Marco Cables?

Company share prices are keep on changing according to the market conditions. The closing price of Marco Cables on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Marco Cables?

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 01-Jan-1970 05:30 the market cap of Marco Cables stood at ₹123.3.

What is the P/E ratio of Marco Cables?

The latest P/E ratio of Marco Cables as of 01-Jan-1970 05:30 is 40.61.

What is the P/B ratio of Marco Cables?

The latest P/B ratio of Marco Cables as of 01-Jan-1970 05:30 is 4.57.

What is the 52-week high and low of Marco Cables?

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

What is the TTM revenue of Marco Cables?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Marco Cables is ₹71.65 ( Cr.) .

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.