1. India Stocks

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    Non-energy minerals

  3. •

    Other metals/Minerals
M Tek Copper Ltd

M Tek Copper Ltd

NNSE:MCL
49.53
INR
-2.24
(-4.33%)
1.68EPS
32.58P/E
1.49BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.62
10.91
19.79
29.03
68.51
86.38
74.52
141.23
45.04
- -
13.08
45.93
86.29
87.45
Basic EPS, GAAP
-0.24
0.19
0.4
0.34
0.96
1.48
1.64
1.65
-0.9
-1.63
0.45
1.73
1.65
1.68
Free Cash Flow per Basic Share
-2
-1.67
0.98
-3.33
1.81
-0.05
-6.08
-2.12
0.21
-0.22
-0.8
0.95
2.29
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.18
0.79
1.36
2.86
3.82
5.3
15.54
17.19
16.29
14.66
15.11
16.84
18.49
18.49
Tangible Book Value per Share
0.18
0.79
1.36
2.86
3.82
5.3
15.54
17.19
16.29
14.66
15.11
16.84
18.49
18.49
Basic Weighted Avg Shares
18
18
18
25
25
25
27
27
27
27
27
27
27
27
Sales/Revenue/Turnover
11
196
356
714
1,688
2,129
2,023
3,833
1,223
- -
355
1,247
2,342
2,342
Operating Margin (%)
-39.3
4.41
5.1
2.89
2.31
3.37
3.17
1.74
-2.11
- -
-8.36
3.73
3.92
3.75
Depreciation Expense
1
4
4
4
6
18
24
26
29
23
18
17
17
17
Net Income, GAAP
-4
3
7
8
24
36
44
45
-24
-44
12
47
45
45
Effective Tax Rate (%)
- -
30.75
32.71
25.51
25.99
38.47
26.77
26.56
- -
- -
- -
- -
36.02
35.82
Profit Margin (%)
-38.19
1.76
2.04
1.18
1.4
1.71
2.2
1.17
-2
- -
3.46
3.76
1.92
1.92
Working Capital
-3
13
19
40
46
31
311
296
283
261
310
341
383
383
LT Debt
19
25
22
18
16
29
26
8
2
7
32
21
- -
- -
Total Equity
3
14
24
70
94
131
422
466
442
398
410
457
502
502
Return on Invested Capital (%)
- -
9.57
14.83
11.98
17.17
21.17
12.8
9.71
- -
- -
- -
- -
7.18
6.89
Return on Capital (%)
- -
10.18
14.85
11.3
16.53
20.57
14.65
10.59
- -
- -
- -
- -
8.09
8.13
Return on Common Equity (%)
-153.3
39.78
37.54
17.72
28.79
32.43
16.11
10.06
-5.37
-10.51
3.04
10.81
9.36
9.39

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
403
- -
411
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
27
Market Capitalization
1,659
1,943
1,486

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
900
- -
1,004
Cash, Cash Equivalents & STI
52
- -
5
Accounts Receivable, Net
117
- -
205
Inventories
433
- -
508
Total Current Liabilities
550
- -
621
Payables & Accruals
- -
- -
- -
ST Debt
403
- -
411
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
50.28%
1.82%
9.82%
Free Cash Flow
1,328.7%
-24.49%
141.72%
Net Income, GAAP
35.01%
15.25%
-4.27%
Sales/Revenue/Turnover
- -
- -
87.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
60
135
146
355
2025
245
257
329
416
1,247
2026
462
511
528
841
2,342

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.37
-0.39
-0.33
1.55
0.45
2025
0.41
0.35
0.33
0.63
1.73
2026
0.38
-0.08
0.28
1.07
1.65

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rohitbhai Bhikhabhai Chauhan
Full Time Employees
112
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Plot 2107/D, D & I Excelus Bhavnagar GU India 364001
IPO Date
Feb 6, 2017
Website
madhavcopper.com
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Business
Madhav Copper Limited manufactures and sells copper fabricated products and winding wires in India. The company offers enameled copper wires, poly wrap submersible winding wires, paper covered copper conductors, fiberglass copper conductors, tapped insulated copper conductors, bare copper wires, copper bus bars, strips, rods and profiles, oxygen free copper rods, earthing rods, copper anode/phosphorised nuggets and balls, silver bearing copper alloys, and delivery spools; its products serve applications in pumps, motors, transformers, generators, alternators, wind generators, panels, hydro generators, switch gears, automatic coil winding machines, and CNC fabrication. Madhav Copper operates primarily in the industrial products segment targeting power generation, transmission, distribution, and electronics industries, with exports to international markets. Incorporated in 2012 and headquartered in Bhavnagar, Gujarat, the company is part of the Gujarat-based Madhav group. In recent developments, Madhav Copper installed a copper furnace in November 2018 to produce new items including mica covered copper conductors, polyamide (Kapton) covered copper conductors, and paper insulated copper conductors; it received Indian Railways approval for dual coated enameled copper winding wire, copper flats, rectangular copper conductors and strips, and oxygen free copper rods. In 2023, the company launched additional products such as copper bus bars, profiles, stripes, oxygen free copper rods, paper insulated copper conductors, and fiberglass copper conductors. As of September 2025, it reconstituted board committees, appointed Dipakkumar Patel as Independent Director (term ending September 2030), saw the cessation of Chaitnya Bhanubhai Doshi as Independent Director, and appointed new statutory and secretarial auditors for FY2025-26 to FY2029-30.