M TEK Copper Limited
NSE: MCL · Other · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹42 cr (FY26): borrowings are higher by ₹41 cr.
- Borrowings rose in each of the last 3 years (₹1 cr → ₹42 cr).
- Operating profit covered interest 3.1x in the last 12 months.
- Promoter holding fell by 3.21 percentage points in a year, to 63.13% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY24).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 33% of net profit in the last 12 months.
- Debtor days went from 53 (FY24) to 32 (FY26).
- No dividend in the last 5 financial years.
- Price ₹48.89 on 2026-10-26: -47.5% from the 52-week high, +16.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26 | 33 | 42 | 46 | 51 | 53 | 84 | 80 |
| EBITDA | 1 | 2 | 1 | 2 | 2 | 2 | 4 | 3 |
| OPM % | 5.7% | 5.4% | 2.8% | 4.4% | 3.6% | 4.4% | 5.1% | 3.6% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net profit | 1 | 1 | 2 | 1 | -0 | 1 | 3 | 1 |
| EPS (₹) | 0.35 | 0.66 | 1.26 | 0.38 | -0.08 | 0.28 | 1.07 | 0.39 |
| Revenue YoY | +98.8% | +60.7% | +102.5% | +73.7% | ||||
| Profit YoY | -121.3% | -16.5% | +69.2% | +1.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 122 | 0 | 36 | 125 | 234 | 268 |
| EBITDA | 0 | -3 | -1 | 6 | 10 | 11 |
| Net profit | -2 | -4 | 1 | 5 | 5 | 5 |
| EPS (₹) | -0.90 | -1.63 | 0.45 | 3.46 | 1.65 | 1.66 |
| Revenue growth | -100.0% | – | +251.0% | +88.0% | +83.4% | |
| Profit growth | – | – | +281.3% | +13.9% | -2.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | -9.4% | +83.4% |
| Net profit | – | +3.6% | -2.3% |
| EPS | – | 0.0% | – |
| Share price | – | +18.1% (2y) | -2.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 40 | 41 | 46 | 50 |
| Borrowings | – | 1 | 13 | 26 | 42 |
| Cash & equivalents | – | 0 | 0 | 0 | 0 |
| Total assets | – | 103 | 64 | 77 | 112 |
| Fixed assets | – | 11 | 10 | 9 | 11 |
| Capital work in progress | – | 3 | 3 | 3 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 29 | 5 | 11 | 21 |
| Inventory | – | 34 | 31 | 36 | 51 |
| Payables | – | 0 | 8 | 4 | 10 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 3 | -1 | -1 | 2 | 6 |
| Cash from investing | -1 | 1 | -1 | -1 | -0 |
| Cash from financing | -1 | -0 | 2 | -1 | -6 |
| Capex | 0 | 0 | 1 | 1 | 0 |
| Free cash flow | 3 | -1 | -2 | 1 | 6 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -11.1% | 3.0% | 10.3% | 10.6% |
| ROCE % | – | -11.5% | 3.2% | 7.4% | 11.2% |
| Debtor days | – | – | 53 | 32 | 32 |
| Inventory days | – | – | 351 | 121 | 88 |
| Payable days | – | – | 88 | 13 | 17 |
| Cash conversion cycle (days) | – | – | 316 | 140 | 103 |
| Working capital days | – | – | 319 | 101 | 60 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 63.13% |
| FIIs | 0.12% |
| Public (non-institutions) | 36.75% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 66.34% | 66.34% | 66.34% | 66.34% | 65.21% | 65.21% | 65.21% | 63.13% |
| Promoter group | % |
|---|---|
| Chauhan Rohitbhai Bhikhabhai | 25.20% |
| Sanjaybhai Natubhai Dabhi | 9.95% |
| Nileshbhai Natubhai Patel | 9.95% |
| Rajesh Odhavjibhai Patel | 5.08% |
| Vishal Talsibhai Monpara | 5.06% |
| Divya Arvindbhai Monpara | 4.71% |
| Arvindbhai Monpara | 1.84% |
| Rakshaben Rohitbhai Chauhan | 1.33% |
| Alpesh Ramjibhai Bhalani | 0.02% |
| Ramjibhai Bhalani | 0.00% |
| Nitaben Patel | 0.00% |
| Rasilaben Bhalani | 0.00% |
| Rekhaben Patel | 0.00% |
| Vijaybhai Chauhan | 0.00% |
| Mithiben Patel | 0.00% |
38,198 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| MCL | ₹133 cr | 29.4x | 2.6x | 9.4% | 12.1% | 4.2% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-15 | Other | Annual General Meeting |
| 2022-09-22 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-09-24 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | MCL |
| BSE code | – |
| ISIN | INE813V01022 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.