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.

What does Marco Cables do?

Marco Cables & Conductors Ltd is a micro-cap company in the electrical cables industry, incorporated in 1989, with no recent sales or profit data reported. It has a market cap of Rs 82 Cr, a P/E ratio of 16.00, and a debt-equity ratio of 1.21.

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 sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: Rs 82 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 16.00<BR>Industry P/E: 46<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.21<BR>Return on Equity: 19.27%<BR>Price-to-Book: 3.14<BR><BR>Contact Details:<BR>Registrar Address: Not available.

When is the next results date for Marco Cables?

No Upcoming Board Meetings

Has Marco Cables declared dividend?

No Dividend History Available

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.

Who are the peers of the Marco Cables?

Marco Cables' peers include Paramount Comm., V-Marc India, Plaza Wires, Cords Cable, DCG Cables, Rex Pipes&Cables, CMI, B.C. Power, and Jainik Power. V-Marc India shows the highest 1-year return at 126.26%, while Marco Cables has a return of -19.43%.

Peers: The peers of Marco Cables are Paramount Comm., V-Marc India, Plaza Wires, Cords Cable, DCG Cables, Rex Pipes&Cables, CMI, B.C. Power, and Jainik Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at V-Marc India and Jainik Power, while Good management risk is found at Marco Cables, CMI, and the rest. Average management risk is present at Paramount Comm., Cords Cable, Rex Pipes&Cables, and DCG Cables, while Below Average management risk is noted at Plaza Wires and B.C. Power. In terms of Growth, Excellent growth is seen at V-Marc India and DCG Cables, Good growth at Marco Cables, Rex Pipes&Cables, CMI, and Jainik Power, while Below Average growth is found at Plaza Wires and Cords Cable. Capital Structure ratings show Good at Jainik Power, Average at Paramount Comm., CMI, and the rest, and Below Average at V-Marc India, DCG Cables, Rex Pipes&Cables, Plaza Wires, Cords Cable, and B.C. Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is V-Marc India at 126.26%, while the lowest is Plaza Wires at -31.00%. Marco Cables has a 1-year return of -19.43%, which is better than Plaza Wires but worse than V-Marc India. Additionally, DCG Cables and Plaza Wires have negative six-month returns.

How big is Marco Cables?

As of 24th July, Marco Cables & Conductors Ltd has a market capitalization of 78.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 26.98 Cr and Total Assets of 80.20 Cr; however, there is no valid financial data available for Net Sales or Net Profit for the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Marco Cables & Conductors Ltd has a market capitalization of 78.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 26.98 Cr and Total Assets totaling 80.20 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.

Which are the latest news on Marco Cables?

Why is Marco Cables falling/rising?

As of 04-Dec, the stock price of Marco Cables & Conductors Ltd is at 39.75, reflecting a 2.09% decline and a year-to-date drop of 37.70%. The stock is underperforming compared to the benchmark Sensex and shows bearish trends with declining investor participation.

As of 04-Dec, the stock price of Marco Cables & Conductors Ltd is falling, currently at 39.75, which reflects a decrease of 0.85 or 2.09%. This decline is evident in the stock's performance over various periods, particularly the year-to-date (YTD) return, which shows a significant drop of 37.70%, compared to a positive return of 10.10% for the benchmark Sensex. Additionally, the stock has underperformed the sector today by 2.56%.<BR><BR>Investor participation appears to be declining, as indicated by a 14.89% drop in delivery volume on December 3rd compared to the 5-day average. Furthermore, while the stock is currently above its 20-day moving average, it is below the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Overall, these factors contribute to the stock's downward movement.