Marco Cables&Conduct
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Marco Cables & Conductors' board approved a preferential issue of up to 63 lakh fully convertible warrants at Rs31.95 each, aggregating about Rs20.13 crore, to two promoter allottees and fourteen non-promoter investors. The warrants required 25% payable on subscription and allotment, with the balance payable on exercise within 18 months, and shareholders will consider the proposal at an extraordinary general meeting on 18 November 2026. The proposed raise was the company's first equity issue since its September 2023 listing on NSE EMERGE at Rs36 per share, which comprised Rs9.4 crore of fresh proceeds and a matching offer for sale. Revenue was Rs111.4 crore in the year to March 2025, up 55% year on year, with net margin of 4.7% and finance cost of Rs6.3 crore. The Sinnar-based maker of XLPE and PVC power cables, conductors and aerial bunched cables for power distribution lines held inventory of about Rs43.8 crore and receivables of about Rs25 crore at year end, funded in part by Rs22 crore of cash credit.
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Marco Cables & Conductors' board approved a preferential issue of up to 63 lakh fully convertible warrants at Rs31.95 each, aggregating about Rs20.13 crore, to two promoter allottees and fourteen non-promoter investors. The warrants required 25% payable on subscription and allotment, with the balance payable on exercise within 18 months, and shareholders will consider the proposal at an extraordinary general meeting on 18 November 2026. The proposed raise was the company's first equity issue since its September 2023 listing on NSE EMERGE at Rs36 per share, which comprised Rs9.4 crore of fresh proceeds and a matching offer for sale. Revenue was Rs111.4 crore in the year to March 2025, up 55% year on year, with net margin of 4.7% and finance cost of Rs6.3 crore. The Sinnar-based maker of XLPE and PVC power cables, conductors and aerial bunched cables for power distribution lines held inventory of about Rs43.8 crore and receivables of about Rs25 crore at year end, funded in part by Rs22 crore of cash credit.
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Oct 9 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
MARCO CABLES - GOT ORDER WORTH 132.3 MILLION RUPEES
Source text: ID:nnAZN4N3XY6
Further company coverage: MRCC.NS
(([email protected];))
Oct 9 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
MARCO CABLES - GOT ORDER WORTH 132.3 MILLION RUPEES
Source text: ID:nnAZN4N3XY6
Further company coverage: MRCC.NS
(([email protected];))
Aug 14 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
MARCO CABLES & CONDUCTORS LTD - GOT ORDER VALUED 78.3 MILLION RUPEES
Source text: ID:nNSE7hwp9R
Further company coverage: MRCC.NS
(([email protected];))
Aug 14 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
MARCO CABLES & CONDUCTORS LTD - GOT ORDER VALUED 78.3 MILLION RUPEES
Source text: ID:nNSE7hwp9R
Further company coverage: MRCC.NS
(([email protected];))
June 24 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
RECEIVES LOI FOR SUPPLY OF CONDUCTORS WORTH 39.4 MILLION RUPEES
Source text: ID:nNSE3c60nh
Further company coverage: MRCC.NS
(([email protected];;))
June 24 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
RECEIVES LOI FOR SUPPLY OF CONDUCTORS WORTH 39.4 MILLION RUPEES
Source text: ID:nNSE3c60nh
Further company coverage: MRCC.NS
(([email protected];;))
Nov 21 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDERS WORTH 104.3 MILLION RUPEES
Source text: ID:nNSE7RGdGb
Further company coverage: MRCC.NS
(([email protected];;))
Nov 21 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDERS WORTH 104.3 MILLION RUPEES
Source text: ID:nNSE7RGdGb
Further company coverage: MRCC.NS
(([email protected];;))
June 19 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDERS WORTH 46.8 MILLION RUPEES
GOT PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS
Source text for Eikon: ID:nNSE8DsjFF
Further company coverage: MRCC.NS
(([email protected];))
June 19 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDERS WORTH 46.8 MILLION RUPEES
GOT PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS
Source text for Eikon: ID:nNSE8DsjFF
Further company coverage: MRCC.NS
(([email protected];))
March 14 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDER WORTH 37.5 MILLION RUPEES
PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS
Source text for Eikon: ID:nNSE14ZvMD
Further company coverage: MRCC.NS
(([email protected];))
March 14 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDER WORTH 37.5 MILLION RUPEES
PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS
Source text for Eikon: ID:nNSE14ZvMD
Further company coverage: MRCC.NS
(([email protected];))
March 12 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDER WORTH 53.1 MILLION RUPEES
ORDER RECEIVED FROM ACDC SAIDEEP BUILDCON
Source text for Eikon: ID:nNSE29Gsqx
Further company coverage: MRCC.NS
(([email protected];))
March 12 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDER WORTH 53.1 MILLION RUPEES
ORDER RECEIVED FROM ACDC SAIDEEP BUILDCON
Source text for Eikon: ID:nNSE29Gsqx
Further company coverage: MRCC.NS
(([email protected];))
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Popular questions
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What does Marco Cables&Conduct do?
MARCO CABLES PVT. Limited is a leading manufacturer specializing in the production of 1.1 KV, XLPE, PVC Power & Control Cables & Flexibles.
Who are the competitors of Marco Cables&Conduct?
Marco Cables&Conduct major competitors are Jigar Cables, Magnus Steel & Infra, Ultracab (India), TN Telecommunication, Clenon Enterprises, Cybele Industries, Relicab Cable Mfg.. Market Cap of Marco Cables&Conduct is ₹69 Crs. While the median market cap of its peers are ₹45 Crs.
Is Marco Cables&Conduct financially stable compared to its competitors?
Marco Cables&Conduct seems to be less financially stable compared to its competitors. Altman Z score of Marco Cables&Conduct is 2.67 and is ranked 6 out of its 8 competitors.
Does Marco Cables&Conduct pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Marco Cables&Conduct latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Marco Cables&Conduct allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Marco Cables&Conduct balance sheet?
Balance sheet of Marco Cables&Conduct is moderately strong.
Is the profitablity of Marco Cables&Conduct improving?
The profit is oscillating. The profit of Marco Cables&Conduct is ₹4.2 Crs for Mar 2026, ₹5.2 Crs for Mar 2025 and ₹3.04 Crs for Mar 2024
Is the debt of Marco Cables&Conduct increasing or decreasing?
Yes, The net debt of Marco Cables&Conduct is increasing. Latest net debt of Marco Cables&Conduct is ₹49.19 Crs as of Mar-26. This is greater than Mar-25 when it was ₹27.51 Crs.
Is Marco Cables&Conduct stock expensive?
Marco Cables&Conduct is not expensive. Latest PE of Marco Cables&Conduct is 16.51, while 3 year average PE is 25.13. Also latest EV/EBITDA of Marco Cables&Conduct is 4.7 while 3yr average is 6.67.
Has the share price of Marco Cables&Conduct grown faster than its competition?
Marco Cables&Conduct has given lower returns compared to its competitors. Marco Cables&Conduct has grown at ~-11.05% over the last 3yrs while peers have grown at a median rate of 11.16%
Is the promoter bullish about Marco Cables&Conduct?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Marco Cables&Conduct is 72.81% and last quarter promoter holding is 72.81%.
Are mutual funds buying/selling Marco Cables&Conduct?
There is Insufficient data to gauge this.