September 21, 2023 - September 25, 2023

Marco Cables & Conductors IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Marco Cables & Conductors IPO.

Marco Cables & Conductors IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Marco Cables & Conductors IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Marco Cables & Conductors IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It has posted static top lines for FY22 and FY23, but surprised with boosted bottom line for FY23. Based on FY23 super earnings, the issue appears fully priced. Well-informed/risk seekers may park funds for the medium to long term. Read detail review...

Marco Cables & Conductors IPO Peer Comparison

Marco Cables & Conductors Limited peer comparison with similar listed entities. () (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Marco Cables & Conductors Limited	1.78	1.78	9.89	20.22	17.98
V-Marc India Limited	4.58		34.97	21.92	13.11
Ultracab (India) Limited	0.61		3.35	25.92	18.19
Relicab Cable Manufacturing Limited	1.49		10.88	53.02	13.70
Dynamic Cables Limited	14.09		80.60	41.64	17.48

Notes:

The figures for Marco Cables & Conductors Limited are based on Restated Financial Statements for the year ended March 31, 2023, after considering the bonus issue subsequent to March 31, 2023.
The figures for the Peer Group are based on the Standalone Financial Statements filed for the financial year ended March 31, 2023.
The P/E Ratio has been computed based on their respective closing market price on August 07, 2023, as divided by the Basic EPS as of March 31, 2023

Marco Cables & Conductors IPO Review by Members

Marco Cables & Conductors IPO Reviews, analysis and views by popular members. Read Marco Cables & Conductors Limited IPO reviews by retail investors to find recommended ipo to buy.

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Marco Cables & Conductors IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	1	0
%	50.00	0.00	50.00	0.00

Member	Review
Top Contributor	Neutral Neutral September 20, 2023 6:36:38 PM
Advantage	Apply for Listing Gain at Upper Price Band Appears to be reasonably price comparing to RR label issue. 1 September 16, 2023 12:18:43 PM

Member

Review

Top Contributor

Neutral

September 20, 2023 6:36:38 PM

Advantage

Apply for Listing Gain at Upper Price Band

Appears to be reasonably price comparing to RR label issue.

September 16, 2023 12:18:43 PM

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