MCON

Mcon Rasayan India Limited

Listed company · ISIN INE0O4M01019 · NSE SM · FV ₹10
Last price
₹40
0.00%today
What this company does

Mcon Rasayan India Limited is a listed company. It booked ₹65 cr of revenue in its latest year (FY26) and kept 4.7% of sales as profit.

59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 655–2,932 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 & returns48

How much profit it earns on the money it employs

Balance sheet34

How much it owes, and whether earnings cover the interest

Cash quality65

Whether reported profit actually arrives as cash

Valuation77

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
✓ Sales up 25% vs last year
✓ Profit up 16% vs last year
✓ Promoters hold 57%
✓ No promoter shares pledged
Watch-outs
! Thin 4.7% net margin
! Operating cash flow is negative

What if I invest in MCON?

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 We do not publish price targets or predict returns.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 full year + price
₹40▲ 0.00%
latest close · 2026-11-04
52-wk low ₹3759 sessions so far52-wk high ₹49
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 ratio9.5Low
LowAverageHigh
P/B ratio1.00Moderate
Below bookModerateHigh
EV / EBITDA7.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.5%Fair
WeakFairStrong ▸15%
Return on capital14.5%Fair
WeakFairStrong
Net margin4.7%Thin
ThinDecentStrong
EBITDA margin9.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.63Moderate
LowModerateHigh ▸1
Interest cover3.3×Okay
RiskyOkayStrong ▸5×
Current ratio1.69Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹29 cr
Book value
₹39
EPS
₹4.15
latest full year
Net debt
₹18 cr
owes more than its cash
Enterprise value
₹47 cr
EBITDA
₹6 cr
latest full year
EBIT
₹6 cr
latest full year
Operating margin
9.1%
Return on assets
4.0%
Earnings yield
10.51%
P/S
0.44
Sales / share
₹88.9
Tax rate
26.7%
Face value
₹10
Shares
0.7 cr
Working capital
₹25 cr
Current assets
₹61 cr
Current liabilities
₹36 cr
Delivery %
93.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are from the latest full-year results; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹37 vs market price ₹40 — price is 7% above it
Safety cushion-7.2%(target ≥ +20%)
Models span ₹37–₹37, midpoint ₹37
Model ₹37
Price ₹40
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 · FY26 (consolidated)
Revenue from Operations₹65 cr
Other Income₹12.7 L
Total Income₹65 cr
Cost of Materials₹26 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹10 cr
Finance Costs₹2 cr
Other Expenses₹14 cr
Total Expenses₹61 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹3 cr
Net margin on total income4.7%
Where the money goes · FY26
% of total income
Materials + stock-in-trade₹33 cr51.1%
Employee benefit expense₹10 cr15.5%
Finance costs₹2 cr2.7%
Other expenses₹16 cr24.4%
Tax expense₹1 cr1.7%
Profit for the period₹3 cr4.7%
Total income ₹65 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY23Q2 FY24Q2 FY25
Revenue18 cr17 cr22 cr
Total income———
Expenses17 cr16 cr20 cr
Profit before tax63.4 L1 cr2 cr
Tax16.7 L37.6 L33.2 L
Net profit (owners' share)46.7 L1 cr1 cr
Net margin (owners' share, on revenue)2.6%6.3%5.8%
EPS (₹)1.001.721.99
YoY (latest quarter): revenue +25.0% · net profit +15.6%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹77 cr
Shareholder equity
₹29 cr
parent shareholders
Total debt
₹18 cr
Cash
₹47.7 L
Cash flow · H1 FY25
Operating
₹-3 cr
Investing
₹-1 cr
Financing
₹-15 L
Who owns it · 2026-09-30
No pledge
Promoter
57.4%
FII / Foreign
—
DII / Domestic
2.1%
Retail / others
40.5%
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 · 28 Sep 2026
See the official result
1
Adoption of Audited Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
1.41 L votes for, 0 against
2
Re-appointment of Mr. Nandan Dilip Pradhan (DIN: 09828134) as a Whole-Time Director, liable to retire by rotation
Backed by 98% of shareholders other than promotersneeded 50%
1.38 L votes for, 3,000 against
3
To Consider and Approve the Appointment of Statutory Auditors of The Company.
Backed by 100% of shareholders other than promotersneeded 50%
1.41 L votes for, 0 against
4
Approval of Material Related Party Transaction with R K Trader
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.41 L 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 — 5 named members
owning 57.4% between them · as of 2026-09-30
MAHESH RAVJI BHANUSHALI47.79%
CHETAN RAVJI BHANUSHALI6.52%
NILAM CHETAN BHANUSHALI1.55%
PUJA MAHESH BHANUSHALI1.55%
VIMLA RAVJI BHANUSHALIno shares

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.

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