MARCO

Marco Cables & Conductors Limited

Listed company · ISIN INE0QP001012 · NSE SM · FV ₹10
Last price
₹30
+2.39%today
What this company does

Marco Cables & Conductors Limited is a listed company. It booked ₹49 cr of revenue in its latest half year (H2 FY26) and kept 2.4% of sales as profit.

42out of 100
Equitytale Health Score
Strained

Healthier than 42% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 609–2,885 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
47

At close. Not part of the score.

Profitability & returns53

How much profit it earns on the money it employs

Balance sheet15

How much it owes, and whether earnings cover the interest

Cash quality6

Whether reported profit actually arrives as cash

Valuation58

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 73%
✓ No promoter shares pledged
Watch-outs
! Thin 2.4% net margin
! Sales down 22% vs last year
! Profit down 52% vs last year
! Carries high debt (D/E 3.3)

What if I invest in MARCO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹30▲ +2.39%
latest close · 2026-09-30
52-wk low ₹2843 sessions so far52-wk high ₹37
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio23.4Average
LowAverageHigh
P/B ratio3.17High
Below bookModerateHigh
EV / EBITDA10.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.5%Fair
WeakFairStrong ▸15%
Return on capital19.7%Strong
WeakFairStrong
Net margin2.4%Thin
ThinDecentStrong
EBITDA margin10.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity3.32High
LowModerateHigh ▸1
Interest cover1.6×Risky
RiskyOkayStrong ▸5×
Current ratio1.88Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹56 cr
Book value
₹9
EPS
₹0.64
latest half year
Net debt
₹58 cr
owes more than its cash
Enterprise value
₹114 cr
EBITDA
₹10 cr
annualised
EBIT
₹10 cr
annualised
Operating margin
10.7%
Return on assets
2.2%
Earnings yield
4.27%
P/S
0.57
Sales / share
₹52.2
Tax rate
36.6%
Face value
₹10
Shares
1.9 cr
Working capital
₹48 cr
Current assets
₹102 cr
Current liabilities
₹54 cr
Delivery %
81.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-30.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹22 vs market price ₹30 — price is 37% above it
Safety cushion-37.0%(target ≥ +20%)
Models span ₹16–₹26, midpoint ₹22
Model ₹22
Price ₹30
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹49 cr
Other Income₹13.9 L
Total Income₹49 cr
Cost of Materials₹36 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹4 cr
Employee Benefit Expense₹1 cr
Finance Costs₹3 cr
Other Expenses₹2 cr
Total Expenses₹47 cr
Profit before Tax₹2 cr
Tax Expense₹69 L
Net Profit₹1 cr
Net margin on total income2.4%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹40 cr80.8%
Employee benefit expense₹1 cr2.9%
Finance costs₹3 cr6.9%
Other expenses₹3 cr5.5%
Tax expense₹69 L1.4%
Profit for the period₹1 cr2.4%
Total income ₹49 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH2 FY25H1 FY26H2 FY26
Revenue63 cr54 cr49 cr
Total income63 cr54 cr49 cr
Expenses59 cr50 cr47 cr
Profit before tax3 cr4 cr2 cr
Tax95.5 L1 cr69 L
Net profit (owners' share)2 cr3 cr1 cr
Net margin (owners' share, on revenue)3.9%5.6%2.4%
EPS (₹)1.321.610.64
YoY (latest quarter): total income -22.1% · net profit -51.7%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹108 cr
Shareholder equity
₹18 cr
parent shareholders
Total debt
₹59 cr
Cash
₹57.2 L
Who owns it · 2026-03-31
No pledge
Promoter
72.8%
Public
27.2%
Promoter stake up 0.5% over the last 4 quarters.
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
ADOPTION OF AUDITED STANDALONE FINANCIAL STATEMENTS
Backed by 100% of shareholders other than promotersneeded 50%
39,000 votes for, 0 against
2
APPOINTMENT OF KOMAL SUMIT KUKREJA (DIN 10118579) AS NON-EXECUTIVE DIRECTOR, LIABLE TO RETIRE BY ROTATION
Backed by 100% of shareholders other than promotersneeded 50%
39,000 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 72.8% between them · as of 2026-03-31
SUMIT SUGNOMAL KUKREJA43.60%
SUGNOMAL MANGANDAS KUKREJA12.09%
KOMAL SUMIT KUKREJA6.49%
MANJU SUGNOMAL KUKREJA4.47%
SUMIT S KUKREJA HUF .1.34%
DRISHTI SUMIT KUKREJA1.22%
KARTIK SUMIT KUKREJA1.22%
SUGNOMAL MANGANDAS KUKREJA HUF .1.19%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹18.7 L raised in Sep 2023 by selling shares to the public

As of Mar 2025, the company says it has spent 100% of what it set aside.

Funding of capital expenditure requirements of our Company towards purchase of: (i) Solar Power System and (ii) 1 + 12 Rigid Stranding Machine
100%
of what was set aside
Funding Incremental Working Capital Requirements
100%
of what was set aside
General Corporate Purposes
100%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.