Marco Cables & Conductors share price & results
- Mar 2026
- Mar 2026
35-year-old Indian manufacturer of power wires, XLPE/PVC cables, aerial bunched cables and AAAC/ACSR conductors for power distribution and transmission
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 49.0 | −22.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 11.0 | 0.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.0 | −50.0% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | −5.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -15.75 | −25.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −61.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −10.9% 1Y
1Y: ₹41.45 on 24 Oct 2025 → ₹36.95. High ₹42.9 (29 Oct 2025), low ₹27.3 (30 Jan 2026).
- Previous close
- ₹34.9
- Market cap
- ₹54 Cr
- 52-week range
- ₹27.3 – ₹42.9
- One year
- −13.77%
- Price to earnings (FY ending Mar 2026)
- 13.55×
- Return on equity (FY ending Mar 2026)
- 11.59%
Overview
- Symbol
- NSE:MARCO
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Marco Cables & Conductors Ltd does
Based on the company's own presentations, annual report and earnings calls.
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)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −50% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2022 | Mar 2023 | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 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 |
| Operating margin | 11.0% | 17.0% | 19.0% | 13.0% | 14.0% | 11.0% | 13.0% | 11.0% |
| 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 rate | 25.0% | 22.0% | 18.0% | 34.0% | 25.0% | 28.0% | 25.0% | 37.0% |
| Net profit | 0 | 3 | 1 | 2 | 3 | 2 | 3 | 1 |
| EPS (₹ per share) | — | — | 0.50 | 1.12 | 1.46 | 1.32 | 1.61 | 0.64 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 19 | 19 | 19 | 19 |
| Reserves | 7 | 15 | 8 | 13 | 16 | 18 |
| Borrowings | 37 | 38 | 40 | 36 | 47 | 59 |
| Other liabilities | 13 | 15 | 13 | 18 | 13 | 13 |
| Total liabilities | 60 | 71 | 80 | 86 | 96 | 108 |
| Fixed assets | 5 | 6 | 5 | 6 | 6 | 6 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 54 | 65 | 75 | 80 | 90 | 102 |
| Total assets | 60 | 71 | 80 | 86 | 96 | 108 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -5 | 3 | 0 | -5 | 12 | -16 |
| Cash from investing | 0 | 0 | 0 | -1 | -1 | 0 |
| Cash from financing | 3 | -4 | 0 | 5 | -11 | 17 |
| Net cash flow | -2 | -1 | 0 | 0 | 0 | 0 |
| Free cash flow | -5 | 3 | 1 | -5 | 10 | -17 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 138 | 131 | 185 | 143 | 81 | 157 |
| Inventory days | 304 | 214 | 250 | 254 | 187 | 207 |
| Days payable | 113 | 90 | 114 | 62 | 53 | 35 |
| Cash conversion cycle | 329 | 254 | 320 | 334 | 214 | 329 |
| Working capital days | 93 | 84 | 156 | 153 | 93 | 152 |
| Return on capital employed | — | 13.0% | 17.0% | 17.0% | 20.0% | 15.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 72.81% as of Mar 2026.
- Promoters 72.81%
- Public 27.19%
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 |
|---|---|---|
| 43.60% | unchanged | |
| 12.09% | unchanged | |
| 6.49% | unchanged | |
| 4.47% | unchanged | |
| 1.34% | unchanged | |
| 1.22% | unchanged | |
| 1.22% | unchanged | |
| 1.19% | unchanged | |
| 0.68% | unchanged | |
| 0.27% | unchanged | |
| 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.
Your own record
Start an Inve Case for Marco Cables & Conductors Ltd
Free account: one company. Everything above stays public.
Write why you follow Marco Cables & Conductors Ltd and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Capital Goods companies
Learn to analyse Marco Cables & Conductors Ltd
Guides on how to read this kind of business and the numbers that matter.