Mcon Rasayan India (MCON)₹38.45+4.34%Other Construction Materials
In the Mar 2026 quarter (standalone), Mcon Rasayan India reported sales of ₹36.91 Cr, up 26.4% from Mar 2025, and net profit of ₹1.81 Cr, up 75.7% year on year. For the year to Mar 2026, sales were ₹65.32 Cr and net profit ₹3.05 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 18.03 | 17.26 | 24.91 | 21.58 | 29.19 | 28.42 | 36.91 |
| Expenses | 16.73 | 15.25 | 21.63 | 18.14 | 26.83 | 25.05 | 32.58 |
| Operating Profit | 1.31 | 2.03 | 3.29 | 3.47 | 2.40 | 3.35 | 4.33 |
| OPM % | 7.2% | 11.6% | 13.1% | 16.0% | 8.2% | 11.7% | 11.6% |
| Other Income | 0.00 | 0.26 | 0.13 | 0.00 | 0.67 | 0.04 | 0.07 |
| Interest | 0.49 | 0.44 | 1.05 | 0.99 | 0.99 | 0.74 | 1.02 |
| Depreciation | 0.16 | 0.37 | 0.68 | 0.87 | 0.96 | 0.94 | 0.89 |
| Profit before tax | 0.63 | 1.45 | 1.66 | 1.58 | 1.09 | 1.68 | 2.46 |
| Tax % | 24.9% | 25.3% | 30.5% | 21.3% | 8.2% | 26.0% | 27.1% |
| Net Profit | 0.48 | 1.10 | 1.17 | 1.27 | 1.03 | 1.26 | 1.81 |
| EPS (Rs) | 0.76 | 1.74 | 1.83 | 2.01 | 1.40 | 1.72 | 2.45 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 6.99 | 8.98 | 8.99 | 19.25 | 31.02 | 41.85 | 50.60 | 65.32 |
| Expenses | 6.44 | 8.24 | 8.07 | 17.82 | 28.33 | 36.56 | 44.79 | 57.67 |
| Operating Profit | 0.56 | 0.75 | 0.92 | 1.44 | 2.70 | 5.31 | 5.86 | 7.66 |
| OPM % | 7.8% | 8.2% | 10.1% | 7.4% | 8.6% | 12.6% | 11.5% | 11.6% |
| Other Income | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.41 | 0.68 | 0.12 |
| Interest | 0.24 | 0.31 | 0.39 | 0.42 | 0.77 | 1.51 | 1.99 | 1.76 |
| Depreciation | 0.20 | 0.29 | 0.27 | 0.31 | 0.37 | 1.06 | 1.84 | 1.84 |
| Profit before tax | 0.12 | 0.11 | 0.24 | 0.68 | 1.52 | 3.12 | 2.68 | 4.15 |
| Tax % | 23.0% | 25.0% | 28.0% | 27.5% | 26.1% | 28.4% | 15.2% | 26.6% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Net Profit | 0.10 | 0.10 | 0.20 | 0.51 | 1.15 | 2.25 | 2.28 | 3.05 |
| EPS (Rs) | 1.81 | 0.90 | 1.28 | 3.32 | 1.82 | 3.54 | 3.11 | 4.14 |
| Dividend payout % | 0.0% | 0.0% | 7.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.49 | 1.00 | 1.49 | 1.49 | 6.29 | 6.28 | 7.32 | 7.33 |
| Reserves | 0.12 | 0.21 | 0.29 | 0.91 | 7.10 | 9.39 | 25.94 | 29.02 |
| Borrowings | 2.79 | 3.23 | 3.48 | 7.43 | 8.50 | 16.01 | 19.71 | 18.23 |
| Other Liabilities | 5.68 | 3.36 | 3.09 | 4.66 | 8.47 | 14.05 | 18.17 | 22.36 |
| Total Liabilities | 9.08 | 7.80 | 8.35 | 14.49 | 30.36 | 45.73 | 71.14 | 76.94 |
| Fixed Assets | 1.50 | 0.00 | 1.30 | 1.35 | 1.14 | 9.82 | 15.04 | 15.33 |
| CWIP | 0.00 | 0.00 | 0.00 | 1.16 | 5.68 | 5.42 | 0.41 | 0.06 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 7.58 | 7.80 | 7.05 | 11.98 | 23.54 | 30.49 | 55.69 | 61.55 |
| Inventories | 0.90 | 1.36 | 2.40 | 4.32 | 6.55 | 11.20 | 28.94 | 29.87 |
| Trade receivables | 6.18 | 3.16 | 3.62 | 5.17 | 10.28 | 17.06 | 22.62 | 29.52 |
| Cash & equivalents | 0.07 | 0.05 | 0.04 | 0.08 | 0.27 | 0.69 | 1.39 | 0.47 |
| Total Assets | 9.08 | 7.80 | 8.35 | 14.49 | 30.36 | 45.73 | 71.14 | 76.94 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −0.04 | −0.05 | −0.03 | −1.98 | −5.28 | 3.94 | −14.17 | 4.10 |
| Cash from investing activity | −0.61 | −0.12 | −0.30 | −1.50 | −4.69 | −9.48 | −2.05 | −1.80 |
| Cash from financing activity | 0.67 | 0.14 | 0.35 | 3.51 | 10.13 | 5.98 | 16.88 | −3.24 |
| Net cash flow | 0.02 | −0.01 | 0.02 | 0.02 | 0.18 | 0.41 | 0.69 | −0.91 |
| Capex | 0.65 | 0.13 | 0.31 | 1.51 | 4.76 | 9.52 | 2.08 | 1.80 |
| Free cash flow | −0.66 | −0.14 | −0.31 | −3.45 | −9.93 | −5.54 | −16.18 | 2.29 |
| CFO / OP % | 0.0% | −1.0% | 2.0% | −132.0% | −188.0% | 81.0% | −221.0% | 56.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 322 | 127 | 146 | 97 | 120 | 148 | 162 | 164 |
| Inventory days | 83 | 118 | 226 | 161 | 150 | 199 | 483 | 327 |
| Days payable | 499 | 262 | 238 | 144 | 159 | 211 | 275 | 203 |
| Cash conversion cycle | −94 | −17 | 134 | 114 | 111 | 135 | 370 | 288 |
| Working capital days | 20 | 119 | 74 | 34 | 93 | 41 | 157 | 136 |
| ROCE % | — | 11.2% | 13.3% | 14.8% | 14.5% | 17.2% | 11.0% | 11.0% |
For the Mar 2026 quarter, Mcon Rasayan India reported sales of ₹36.91 Cr, up 26.4% year on year and net profit of ₹1.81 Cr, up 75.7% year on year. The operating margin was 11.6%.
Mcon Rasayan India's sales for the year to Mar 2026 were ₹65.32 Cr.
Net profit for the year to Mar 2026 was ₹3.05 Cr. Earnings per share over the same trailing period were ₹4.14.
Mcon Rasayan India reported borrowings of ₹18.23 Cr at Mar 2026, against cash and equivalents of ₹0.47 Cr.
Cash from operations was ₹4.10 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2.29 Cr.