MARCO
Marco Cables & Conductors financials
- Market cap
- ₹58 Cr
- Sector
- Capital Goods
What Marco Cables & Conductors Ltd does
Marco Cables & Conductors Ltd manufactures and sells wires, cables and conductors in India, with an operating history of over 35 years in the power cable industry. It began with aluminium/copper conductor wires, XLPE and PVC cables, and Aerial Bunched Cables (ABC), and has since added AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) conductors used for power distribution and transmission lines.
- Operating history
- 35+ years in power cable manufacturing
- Product lines
- 6 (wires, XLPE cables, PVC cables, ABC, AAAC and ACSR conductors)
Quarterly results
Q4 FY26: revenue down 3.9%, net profit down 50.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 35 | 21 | 51 | 49 +123% | 63 +80% | 54 +157% | 49 −4% |
| EBITDA | 2 | 6 | 4 | 6 | 7 +250% | 7 +17% | 7 +75% | 5 −17% |
| Net profit | 0 | 3 | 1 | 2 | 3 | 2 −33% | 3 +200% | 1 −50% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.6% 1Y
1Y: ₹42.9 on 10 Sept 2025 → ₹31.5. High ₹43.4 (20 Oct 2025), low ₹27.3 (30 Jan 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr |
| Reserves | ₹6 Cr | ₹7 Cr | ₹15 Cr | ₹8 Cr | ₹16 Cr | ₹18 Cr |
| Borrowings | ₹35 Cr | ₹37 Cr | ₹38 Cr | ₹40 Cr | ₹47 Cr | ₹59 Cr |
| Other liabilities | ₹12 Cr | ₹13 Cr | ₹15 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Total liabilities | ₹57 Cr | ₹60 Cr | ₹71 Cr | ₹80 Cr | ₹96 Cr | ₹108 Cr |
| Fixed assets | ₹6 Cr | ₹5 Cr | ₹6 Cr | ₹5 Cr | ₹6 Cr | ₹6 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹51 Cr | ₹54 Cr | ₹65 Cr | ₹75 Cr | ₹90 Cr | ₹102 Cr |
| Total assets | ₹57 Cr | ₹60 Cr | ₹71 Cr | ₹80 Cr | ₹96 Cr | ₹108 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, promoters added +0.16 pp while the public trimmed −0.16 pp. The shareholder count shrank 5% to 1,414.
- Promoters
- 72.8%
- Public
- 27.2%
Since Mar 2025
- Promoters +0.16 pp
- Public −0.16 pp
How it drifted, 6 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 72.2%, Public 27.8%.Mar '24: Promoters 72.2%, Public 27.8%.Sep '24: Promoters 72.4%, Public 27.6%.Mar '25: Promoters 72.7%, Public 27.4%.Sep '25: Promoters 72.8%, Public 27.2%.Mar '26: Promoters 72.8%, Public 27.2%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Marco Cables & Conductors Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Sumit Sugnomal Kukreja | 43.60% | unchanged |
| Sugnomal Mangandas Kukreja | 12.09% | unchanged |
| Komal Sumit Kukreja | 6.49% | unchanged |
| Manju Sugnomal Kukreja | 4.47% | unchanged |
| Sumit S Kukreja Huf . | 1.34% | unchanged |
| Drishti Sumit Kukreja | 1.22% | unchanged |
| Kartik Sumit Kukreja | 1.22% | unchanged |
| Sugnomal Mangandas Kukreja Huf . | 1.19% | unchanged |
| Diana Jaikumar Raghani | 0.68% | unchanged |
| Ravi Deepchand Kukreja | 0.27% | unchanged |
| Bhavna Ravi Kukreja | 0.27% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Marco Cables & Conductors Ltd
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