M TEK COPPER (MCL)₹52.33−2.17%Aluminium, Copper & Zinc Products
In the Mar 2026 quarter (standalone), M TEK COPPER reported sales of ₹84.31 Cr, up 101.9% from Mar 2025, and net profit of ₹2.90 Cr, up 69.6% year on year. For the year to Mar 2026, sales were ₹235 Cr and net profit ₹3.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.45 | 6.05 | 13.52 | 14.64 | 24.59 | 25.82 | 32.98 | 41.75 | 46.40 | 51.31 | 52.97 | 84.31 |
| Expenses | 2.01 | 6.67 | 13.55 | 14.47 | 22.66 | 24.23 | 31.07 | 40.43 | 44.10 | 49.25 | 50.46 | 79.59 |
| Operating Profit | −0.59 | −0.67 | −0.10 | 0.09 | 1.80 | 1.48 | 1.78 | 1.15 | 2.03 | 1.84 | 2.32 | 4.31 |
| OPM % | −40.4% | −11.0% | −0.7% | 0.6% | 7.3% | 5.7% | 5.4% | 2.7% | 4.3% | 3.6% | 4.4% | 5.1% |
| Other Income | 0.00 | 0.06 | 0.17 | 4.53 | 0.08 | 0.15 | 0.13 | 0.38 | 0.16 | 0.33 | 0.06 | 0.92 |
| Interest | 0.00 | 0.02 | 0.19 | 0.31 | 0.30 | 0.30 | 0.51 | 0.68 | 0.79 | 0.69 | 0.82 | 0.95 |
| Depreciation | 0.43 | 0.44 | 0.46 | 0.47 | 0.39 | 0.40 | 0.40 | 0.43 | 0.35 | 0.35 | 0.35 | 0.57 |
| Profit before tax | −1.03 | −1.08 | −0.59 | 3.84 | 1.18 | 0.92 | 0.99 | 0.41 | 1.04 | 1.12 | 1.20 | 3.70 |
| Tax % | −2.0% | −1.9% | 55.2% | −9.4% | 4.3% | −4.4% | 7.2% | −330.0% | −1.0% | 119.0% | 36.2% | 21.5% |
| Net Profit | −1.00 | −1.05 | −0.89 | 4.19 | 1.11 | 0.93 | 0.90 | 1.71 | 1.03 | −0.19 | 0.75 | 2.90 |
| EPS (Rs) | −0.38 | −0.40 | −0.34 | 1.56 | 0.42 | 0.36 | 0.35 | 0.64 | 0.39 | −0.08 | 0.29 | 1.08 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.12 | 71.20 | 170 | 214 | 203 | 384 | 122 | 0.00 | 35.14 | 124 | 235 | 235 |
| Expenses | 33.94 | 68.95 | 164 | 204 | 194 | 374 | 122 | 1.99 | 36.93 | 118 | 224 | 223 |
| Operating Profit | 2.01 | 2.01 | 4.01 | 9.03 | 9.03 | 9.02 | 0.00 | −2.01 | −1.01 | 6.01 | 10.03 | 10.50 |
| OPM % | 6.0% | 3.4% | 2.7% | 4.2% | 4.3% | 2.4% | 0.1% | — | −3.5% | 5.0% | 4.5% | 4.5% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 1.99 | 0.00 | 4.98 | 0.99 | 1.99 | 1.47 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 2.99 | 3.25 |
| Depreciation | 0.00 | 0.00 | 0.99 | 1.99 | 1.99 | 2.99 | 2.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.62 |
| Profit before tax | 1.01 | 1.01 | 3.01 | 6.02 | 6.02 | 6.02 | −2.01 | −5.01 | 1.01 | 3.01 | 7.02 | 7.06 |
| Tax % | 32.1% | 26.0% | 26.1% | 39.1% | 27.1% | 27.1% | 29.0% | −15.9% | −6.0% | −36.0% | 36.1% | — |
| Exceptional items | 0.00 | 0.05 | 0.11 | 0.00 | 0.51 | 0.10 | 0.59 | −0.22 | 0.00 | −0.04 | 0.00 | — |
| Net Profit | 0.99 | 0.99 | 1.99 | 3.99 | 3.99 | 3.99 | −1.99 | −3.99 | 0.99 | 4.99 | 3.99 | 4.49 |
| EPS (Rs) | 0.31 | 0.35 | 0.97 | 1.49 | 1.65 | 1.66 | −0.91 | −1.63 | 0.46 | 1.74 | 1.66 | 1.68 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.01 | 2.01 | 2.01 | 2.01 | 6.02 | 14.03 | 14.04 | 14.02 | 14.04 | 14.05 | 14.05 | 14.06 |
| Reserves | 0.00 | 1.00 | 5.02 | 7.02 | 7.00 | 29.06 | 33.09 | 31.01 | 26.06 | 27.07 | 32.12 | 37.14 |
| Borrowings | 6.02 | 6.01 | 11.04 | 7.02 | 11.99 | 4.00 | 3.01 | 6.99 | 1.00 | 13.03 | 26.07 | 42.14 |
| Other Liabilities | 4.02 | 1.01 | 5.02 | 7.04 | 21.10 | 14.07 | 81.39 | 63.29 | 63.30 | 10.05 | 5.02 | 20.09 |
| Total Liabilities | 12.05 | 9.03 | 23.09 | 24.09 | 46.11 | 60.16 | 131 | 115 | 103 | 64.20 | 77.26 | 112 |
| Fixed Assets | 2.01 | 3.01 | 4.01 | 6.01 | 12.02 | 13.02 | 15.04 | 13.03 | 11.03 | 10.02 | 9.02 | 11.02 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 3.01 | 3.01 | 3.01 | 3.01 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 1.01 | 0.99 | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 10.04 | 7.02 | 19.08 | 18.07 | 32.10 | 46.15 | 112 | 98.28 | 89.36 | 51.17 | 65.23 | 102 |
| Inventories | 1.99 | 1.99 | 7.99 | 1.99 | 6.99 | 10.99 | 48.88 | 34.93 | 33.93 | 30.96 | 35.97 | 50.93 |
| Trade receivables | 5.99 | 3.99 | 8.98 | 13.98 | 23.95 | 12.97 | 35.94 | 35.94 | 28.94 | 4.99 | 10.98 | 20.96 |
| Cash & equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 12.05 | 9.03 | 23.09 | 24.09 | 46.11 | 60.16 | 131 | 115 | 103 | 64.20 | 77.26 | 112 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.99 | 1.99 | −5.99 | 6.99 | 8.99 | −12.98 | 1.99 | 2.99 | −0.99 | −0.99 | 2.99 | 5.99 |
| Cash from investing activity | −0.99 | 0.00 | −1.99 | −2.99 | −8.97 | −2.99 | −6.99 | −0.99 | 0.99 | −0.99 | −0.99 | 0.00 |
| Cash from financing activity | 3.01 | −2.01 | 8.01 | −4.01 | 0.00 | 23.04 | −3.01 | −1.01 | 0.00 | 2.01 | −3.01 | −6.01 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.98 | −6.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 0.49 | 0.07 | 2.20 | 2.63 | 0.00 | 3.06 | 7.73 | 2.51 | 0.01 | 0.86 | 0.78 | 0.35 |
| Free cash flow | −2.99 | 1.99 | −7.98 | 4.99 | 8.97 | −15.96 | −4.98 | 0.99 | −0.99 | −1.99 | 1.99 | 5.98 |
| CFO / OP % | −198.0% | 94.0% | −247.0% | 158.0% | 98.1% | −129.0% | 48.0% | 2,471.0% | 24.1% | 102.0% | 52.0% | 66.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 116 | 35 | 43 | 29 | 39 | 23 | 34 | 108 | — | 52 | 31 | 31 |
| Inventory days | 51 | 24 | 42 | 4 | 13 | 21 | 49 | 107 | 12,798 | 351 | 121 | 88 |
| Days payable | 71 | 3 | 23 | 13 | 32 | 19 | 78 | 179 | 22,075 | 88 | 13 | 17 |
| Cash conversion cycle | 97 | 57 | 63 | 21 | 21 | 25 | 6 | 37 | — | 316 | 140 | 103 |
| Working capital days | 23 | 19 | 20 | 10 | 5 | 43 | 28 | 83 | — | 316 | 100 | 59 |
| ROCE % | 14.9% | 22.9% | 16.0% | 22.9% | 33.9% | 17.9% | 13.9% | −3.0% | −10.0% | 4.0% | 7.9% | 12.9% |
For the Mar 2026 quarter, M TEK COPPER reported sales of ₹84.31 Cr, up 101.9% year on year and net profit of ₹2.90 Cr, up 69.6% year on year. The operating margin was 5.1%.
M TEK COPPER's sales for the year to Mar 2026 were ₹235 Cr; over the last twelve months they were ₹235 Cr.
Net profit for the year to Mar 2026 was ₹3.99 Cr, and ₹4.49 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.68.
M TEK COPPER reported borrowings of ₹42.14 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹5.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹5.98 Cr.