Marco Cables

Which are the latest news on Marco Cables?

Why is Marco Cables & Conductors Ltd falling/rising?

As of 05-Sep, Marco Cables & Conductors Ltd's stock price is at 31.15, reflecting a decline of 3.26%. The stock has significantly underperformed against the Sensex, with year-to-date and one-year drops of 18.03% and 22.61%, respectively, indicating a bearish trend and decreased investor confidence.

As of 05-Sep, Marco Cables & Conductors Ltd's stock price is falling, currently at 31.15, which reflects a decrease of 1.05 or 3.26%. The stock has underperformed compared to the benchmark Sensex, showing a decline of 2.35% over the past week, while the Sensex fell only 1.15%. Over the past month, the stock has decreased by 2.50%, compared to a 2.91% decline in the Sensex.<BR><BR>Year-to-date, Marco Cables has seen a significant drop of 18.03%, while the Sensex has only declined by 8.54%. The one-year performance shows an even steeper decline for Marco Cables at 22.61%, contrasting sharply with the Sensex's modest drop of 3.38%. Furthermore, the stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend.<BR><BR>Investor participation has also decreased, with a delivery volume of 12,000 shares on September 3, which is down by 2.44% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors. Overall, these factors contribute to the downward movement in the stock price of Marco Cables & Conductors Ltd.

What does Marco Cables do?

Marco Cables & Conductors Ltd is a micro-cap company in the electrical cables industry, originally incorporated in 1989. It has a market cap of INR 60 Cr, with no recent sales or profit data available.

Overview:<BR>Marco Cables & Conductors Ltd operates in the electrical cables industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated in 1989 as "Marco Cables Private Limited" and later changed its name to "Marco Cables & Conductors Private Limited" on May 22, 2023. There is no recent sales or profit data available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 60 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 15.00<BR>Industry P/E: 48<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.21<BR>Return on Equity: 11.94%<BR>Price-to-Book: 1.70<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Marco Cables?

Marco Cables' peers include Cords Cable, Jainik Power, Plaza Wires, and others, with varying management risks and growth rates. Cords Cable leads in 1-year returns at 62.73%, while Marco Cables has a return of -14.89%.

Peers: The peers of Marco Cables are Cords Cable, Jainik Power, Plaza Wires, Bhadora Indust., Rex Pipes&Cables, DCG Cables, CMI, Ultracab India, and B.C. Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jainik Power and CMI, while Good management risk is found at Marco Cables, Cords Cable, Bhadora Indust., and the rest. Average management risk is noted for DCG Cables and Rex Pipes&Cables, while Below Average management risk is seen at Plaza Wires and B.C. Power. Growth is Excellent for Jainik Power and Plaza Wires, Good for CMI and Bhadora Indust., Average for Marco Cables, and Below Average for Rex Pipes&Cables. Capital Structure is Excellent for Jainik Power, Average for Cords Cable and CMI, Good for Bhadora Indust., and Below Average for Marco Cables, Ultracab India, and B.C. Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cords Cable at 62.73%, while B.C. Power has the lowest at 0.00%. Marco Cables' 1-year return is -14.89%, which is lower than both of these peers. Additionally, DCG Cables and Marco Cables have negative six-month returns.

How big is Marco Cables?

As of 14th August, Marco Cables & Conductors Ltd has a market capitalization of 56.00 Cr, classified as a Micro Cap, with no valid financial data available for the latest four quarters. The latest annual report shows Shareholder's Funds of 32.18 Cr and Total Assets of 82.81 Cr as of March 2025.

As of 14th August, <BR><BR>Market Cap: Marco Cables & Conductors Ltd has a market capitalization of 56.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest annual period reported is March 2025, with Shareholder's Funds amounting to 32.18 Cr and Total Assets totaling 82.81 Cr.

Is Marco Cables overvalued or undervalued?

As of November 18, 2025, Marco Cables is considered overvalued with a PE ratio of 13.84 and an EV to EBITDA of 8.40, significantly underperforming its peers and the market, having a year-to-date return of -39.66% compared to the Sensex's 9.58% gain.

As of 18 November 2025, Marco Cables has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 13.84, an EV to EBITDA of 8.40, and a ROE of 14.78%. <BR><BR>In comparison to its peers, Marco Cables' valuation appears high, especially when contrasted with R R Kabel, which is rated attractive with a PE of 37.91, and Finolex Cables, also attractive with a PE of 18.07. The stock has underperformed significantly, with a year-to-date return of -39.66%, while the Sensex has gained 9.58% in the same period, reinforcing the notion that Marco Cables is currently overvalued.

What is the technical trend for Marco Cables?

As of May 20, 2025, Marco Cables shows a mildly bearish technical trend, supported by a bearish RSI and moving averages, despite a mildly bullish weekly MACD and bullish Bollinger Bands.

As of 20 May 2025, the technical trend for Marco Cables has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the weekly RSI is bearish, suggesting weakness in momentum. The daily moving averages are mildly bearish, reinforcing the negative outlook. The Bollinger Bands on the weekly chart are bullish, yet the monthly perspective shows a mildly bearish trend. Additionally, the KST and OBV on a weekly basis are both mildly bearish, while Dow Theory indicates a mildly bearish stance as well. Overall, the current technical stance is mildly bearish, driven primarily by the bearish RSI and moving averages.

How has been the historical performance of the Marco Cables?

Marco Cables has shown strong financial growth, with net sales increasing from Rs 56.41 crore in Mar'22 to Rs 71.65 crore in Mar'24, and significant rises in operating profit and net profits. However, earnings per share decreased from Rs 9.57 in Mar'23 to Rs 1.63 in Mar'24, despite total assets and liabilities both growing to Rs 80.20 crore.

Answer:<BR>The historical performance of Marco Cables shows a steady increase in net sales and profitability over the past three years, with net sales rising from Rs 56.41 crore in Mar'22 to Rs 71.65 crore in Mar'24. The total operating income followed a similar trend, reaching Rs 71.65 crore in Mar'24, up from Rs 56.41 crore in Mar'22. Operating profit, excluding other income, also improved significantly, increasing from Rs 5.42 crore in Mar'22 to Rs 10.32 crore in Mar'24. Profit before tax rose from Rs 0.53 crore in Mar'22 to Rs 4.30 crore in Mar'24, while profit after tax showed a notable increase from Rs 0.43 crore in Mar'22 to Rs 3.04 crore in Mar'24. However, the earnings per share (EPS) decreased from Rs 9.57 in Mar'23 to Rs 1.63 in Mar'24, reflecting changes in share capital. The company's total assets increased from Rs 59.55 crore in Mar'22 to Rs 80.20 crore in Mar'24, and total liabilities also rose from Rs 59.55 crore to Rs 80.20 crore during the same period.<BR><BR>Breakdown:<BR>Marco Cables has demonstrated a positive trajectory in its financial performance, with net sales climbing from Rs 56.41 crore in Mar'22 to Rs 71.65 crore in Mar'24, indicating strong revenue growth. The total operating income mirrored this growth, reaching Rs 71.65 crore in Mar'24. Operating profit, excluding other income, saw a significant rise from Rs 5.42 crore in Mar'22 to Rs 10.32 crore in Mar'24, showcasing improved operational efficiency. Profit before tax and profit after tax also reflected this upward trend, with figures increasing from Rs 0.53 crore to Rs 4.30 crore and from Rs 0.43 crore to Rs 3.04 crore, respectively. Despite the decrease in EPS from Rs 9.57 in Mar'23 to Rs 1.63 in Mar'24, the overall financial health of the company appears robust, as evidenced by the growth in total assets from Rs 59.55 crore to Rs 80.20 crore and total liabilities rising in tandem from Rs 59.55 crore to Rs 80.20 crore.

Who are the top shareholders of the Marco Cables?

The top shareholder of Marco Cables is Sumit Sugnomal Kukreja, holding 43.6% of the shares, with no pledged promoter holdings. The highest public shareholder is Sangeeta Shetalbhai Shah at 2.31%, while individual investors collectively own 25.99%.

The top shareholders of Marco Cables are primarily the promoters, with Sumit Sugnomal Kukreja holding the largest share at 43.6%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Sangeeta Shetalbhai Shah, who owns 2.31%. Additionally, individual investors collectively hold 25.99% of the company's shares.

When is the next results date for Marco Cables?

No Upcoming Board Meetings

Has Marco Cables declared dividend?

No Dividend History Available