M TEK COPPER (MCL) share price, P/E, ROE & financials

As of 6 Nov 2026, M TEK COPPER trades at 31.4× trailing earnings, above the industry P/E of 23.1×, and the shares are 44% below their 52-week high. It earns ROCE of 20% and ROE of 9.4%. Debt is 0.83× equity. It is a small-cap company with a market cap of ₹140 Cr, ranked 6th of 8 Copper companies by market cap; the shares rose 8.0% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year

Open: ₹52.90
Day high: ₹52.90
Day low: ₹51.00
Prev. close: ₹52.46
Volume: 15K

Health check

3 fair · 2 to check

ReturnsIn line
+8.0% over a year, better than 3 of 7 peers.
Price tagPricier
P/E 31.4 vs industry 23.1.
Growthn/a
Not enough yearly results to measure.
ProfitabilityAverage
ROCE 20.3% vs peer median 24.3%.
Balance sheetFair
Debt 0.83× equity, interest covered 3.1×, Piotroski 5 of 9.
Red flags2 to check
44% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Copper

7 listed peers. Screen the industry

Small cap

₹140 Cr, #6 of 8 in its industry by size.

Defensive

Beta 0.49 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Mar 2026: sales ₹268 Cr · profit ₹4 Cr

Market cap: ₹140 Cr; Small cap
P/E: 31.4; Industry 23.1
Price to book: 2.80; Peers 2.72
Dividend yield: 0.00%
ROE: 9.4%; Peers 11.5%
ROCE: 20.3%; Peers 24.3%
Debt to equity: 0.83; Debt ₹42 Cr
EPS (TTM): ₹1.65; Face value ₹5
OPM (TTM): 4.5%; Net margin 1.7%
Sales growth: +102.1%; Latest quarter vs a year ago
Profit growth: +69.1%; Latest quarter vs a year ago
Price to sales: 0.52; EV/EBITDA 14.1

Strengths

Return on capital employed of 20.3%.
Quarterly profit up 69.1% on a year ago.
Quarterly sales up 102.1% on a year ago.

Risks to check

44% below its 52-week high.
Promoter stake down from 66.3% to 63.1%.

Derived automatically from reported figures. Not a recommendation.

About M TEK COPPER

M Tek Copper Limited manufactures and sells copper wires and cables in India. The company offers copper bus bars, strips, and rods; tin plated copper bus bars; paper insulated copper conductors (round/rectangular); kapton polyimide covered copper conductors; copper profiles; enamelled copper round winding wires; poly wrap subsmersible winding wires; fabricated copper products/bus bars; oxygen free copper rods; copper earth rods (internal/external…

Headquarters: Bhavnagar
Employees: 112
Sector: Basic Materials
ISIN: INE813V01022
Website: madhavcopper.com

Price range

52 weeks

₹42.00₹93.20

Today

₹51.00₹52.90

Avg volume (3M): 57.7K
1-year return: plus 8.0%
From 52-week high: minus 44.5%

Peers · Copper

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
HINDCOPPERHindustan Copper	421.15	minus 1.45%	40,726	35.9	26.7	34.5%	41.5%	0.03	22.5%	plus 28.6%
JTLDEFENCEJTL Defence	496.30	minus 1.99%	522	–	137.6	0.4%	15.9%	0.34	−5.7%	plus 650.4%
CUBEXTUBCubex Tubings	191.43	plus 2.00%	274	26.3	47.3	15.2%	3.6%	0.52	14.7%	plus 105.4%
BHAGYANGRBhagyanagar India	73.14	minus 4.99%	245	3.7	4.7	33.4%	4.8%	1.01	8.8%	minus 44.6%
BAROEXTBaroda Extrusion	9.62	minus 1.64%	187	15.3	20.9	38.7%	7.1%	0.20	11.9%	plus 22.6%
MCLM TEK COPPER	51.73	minus 1.39%	140	31.4	16.7	20.3%	4.5%	0.83	–	plus 8.0%
RAJMETRajnandini Metal	2.93	minus 0.34%	81	–	–	–	1.4%	0.24	–	minus 32.9%
SAGARDEEPSagardeep Alloys	25.92	minus 2.78%	44	19.9	23.2	11.8%	2.5%	0.38	11.2%	minus 7.2%
Median of 7 peers	–	−1.64%	245	19.9	25.0	24.3%	4.8%	0.34	11.6%	22.6%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26

SalesSelect a row below to chart it

Mar 25	Jun 25	Sep 25	Dec 25	Mar 26
41.6	46.2	51.1	52.8	84.1
40.5	44.2	49.3	50.5	79.8
1.1	2	1.8	2.3	4.3
2.7%	4.4%	3.6%	4.4%	5.1%
0.4	0.2	0.3	0.1	0.9
0.7	0.8	0.7	0.8	1
0.4	0.4	0.4	0.4	0.6
0.4	1	1.1	1.2	3.7
−328.9%	−1.4%	118.4%	36.1%	21.3%
1.7	1	−0.2	0.8	2.9
0.63	0.38	-0.08	0.28	1.07

Profit & loss

Yearly, ₹ crore

ROE: 9.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
–	35.5	125	234
–	–	+251.2%	+87.9%
–	36.6	118	223
−2.4	−1.1	6.3	10.8
–	−3.2%	5.1%	4.6%
0.1	0.1	0.6	1.1
0.6	0.6	1.8	3.3
2.3	1.8	1.7	1.7
−0.2	4.6	–	−0
−5.3	1.2	3.5	7
16.3%	−6.2%	−35.7%	36.0%
−4.4	1.2	4.7	4.5
–	–	+282.0%	minus 4.3%
-1.63	0.45	1.73	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.6	13.6	13.6	13.6
26.2	27.5	32.1	36.6
1	13.2	25.7	41.1
62.5	9.9	5.4	21.6
103	64.1	76.8	113
13.8	12.8	11.9	10.6
2.6	2.9	2.9	–
0.2	0	0.8	1.1
0.2	0.3	0.3	0.5
86.6	48	60.9	101
103	64.1	76.8	113

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−0.6	−1.3	3.4	6.2
0.5	−0.7	−0.5	−0.3
−0.1	2	−3.1	−5.7
−0.1	0.1	−0.2	0.2
−0	−0.9	−0.8	−0.4
−0.6	−2.2	2.6	5.9

Shareholding pattern

Source: NSE filings

63.1%

promoters

Promoters63.13%
Public36.87%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	63.13%	36.87%	minus 2.08
30 Jun 2026	65.21%	34.79%	0.00
31 Mar 2026	65.21%	34.79%	0.00
31 Dec 2025	65.21%	34.79%	minus 1.13
30 Sep 2025	66.34%	33.66%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you