Marco Cables & Conductors Share Price Target 2025, 2026, 2030, 2040, 2050
Marco Cables & Conductors is an Indian company that makes electric wires and cables that carry low and medium voltage. The company makes products like Aerial Bunched Cables, insulated cables, and conductors used to carry electricity. These products are supplied to government electricity boards and contractors. It can produce about 18,000 kilometres of cables every year. The company did well in 2023 with good sales and profits.
- 1 What is Marco Cables & Conductors Ltd. NSE: MARCO?
- 2 Share Price Target Tomorrow
- 3 Marco Cables & Conductors Share Price Target 2025
- 4 Marco Cables & Conductors Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Marco Cables & Conductors share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Marco Cables & Conductors stock?
- 12 Marco Cables & Conductors earnings results
- 13 Is Marco Cables & Conductors stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Marco Cables & Conductors Ltd. NSE: MARCO?
Marco Cables & Conductors is an Indian company established in 1989 in Ulhasnagar, Maharashtra, by Mohan Lal Aswani. It makes and sells different types of wires, cables, and conductors used to carry electricity. The company makes XLPE and PVC-insulated cables, which are strong and safe for electrical use. It also makes aerial bundled cables, which are used on poles in areas where putting cables underground is not possible or too expensive. Also, it makes AAAC and ACSR conductors, which are used in overhead power lines, because they are strong and good at carrying electricity. The company has factories in Sinnar and Nashik, Maharashtra. It is known for making good quality products and supports the growth of India’s power and electricity network.
The stock reached its all-time price the previous year. But it could not sustain there and fell much. For some previous months, the stock took support from its all-time low price and made higher high swings, but still the stock has fallen much and shown a weak bullish move as compared to its dearer price when it fell. So, to reduce the chance of losing, you should consider multiple confirmations to trade on it.

Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -2.10 | +4.90 |
Their heavy cables are made with copper, aluminium covered with PVC or XLPE insulation. They have a strong inner layer and are protected by galvanised steel wires for extra strength. The outside is covered with tough PVC that meets high-quality standards. These cables are tested carefully from start to finish to make sure they work well and last a long time. Once installed, they need very little maintenance, which is exactly what consumers want. The PVC cover protects the cables from water, chemicals, acids, oils, and fuels. In 2025, its share price target would be ₹80.90, as per our analysis.
By our prediction, its share price would be between ₹27.00 to ₹80.90 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 27.00 | 80.90 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 46.50 | 68.25 |
February | 38.00 | 54.00 |
March | 33.10 | 44.90 |
April | 36.45 | 54.50 |
May | 38.40 | 49.90 |
June | 40.65 | 50.00 |
July | 36.66 | 59.55 |
August | 30.47 | 63.84 |
September | 27.57 | 68.90 |
October | 37.00 | 72.68 |
November | 48.54 | 75.65 |
December | 50.85 | 80.90 |
The company’s team is made up of skilled and experienced people, and the company has ISO/EMS certifications, which show it follows high-quality standards. It has over 33 years of experience in the power cable industry, and the management team knows how to find growth opportunities and guide the company in the right direction. It started by making wires with aluminium and copper conductors, XLPE/PVC cables, and aerial bunched cables. Over time, the company expanded to make AAAC and ACSR conductors, broadening its product range. In 2026, its share price target would be ₹134.60, as per our prediction.
Its share price would be between ₹50.85 to ₹134.60 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 50.85 | 134.60 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 50.85 | 87.48 |
February | 59.65 | 97.52 |
March | 67.52 | 107.36 |
April | 78.41 | 113.51 |
May | 80.62 | 115.84 |
June | 83.74 | 117.52 |
July | 88.63 | 120.17 |
August | 97.50 | 122.74 |
September | 105.32 | 125.78 |
October | 107.65 | 128.65 |
November | 109.66 | 130.75 |
December | 111.58 | 134.60 |
It has been making XLPE, PVC, and Aerial Bunched Cables for many years. Recently, they also started producing ACSR (Aluminium Conductor Steel Reinforced), AAAC (All Aluminium Alloy Conductor), and ABC (Aerial Bunched Cable) for power lines. The company supplies its products to major electricity boards and contractors across India. It has years of experience in the cable industry, and the company continues to grow and is trusted by all major power utilities. In 2027, its share price target would be ₹190.08, as per our analysis.
By our prediction, its share price would be between ₹111.58 to ₹190.08 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 111.58 | 190.08 |
It makes different types of PVC-insulated cables using copper and aluminium wires. These cables come in single, two, three, three-and-a-half, and four-core options, with sizes up to 400 sq mm. The company also makes control cables with copper wires, available in both armoured and unarmoured types, ranging from 1.5 sq mm to 400 sq mm, and with up to 61 cores. All of these cables have 1.1 KV grade standards and are perfect for various electrical needs. In 2028, its share price target would be ₹242.98, as per our prediction.
Its share price would be between ₹172.52 to ₹242.98 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 172.52 | 242.98 |
It also makes AAAC conductors, which are made from a special mix of aluminium, magnesium, and silicon. This mix helps the conductor carry electricity well while also making it stronger and more durable. They are usually made from aluminium alloy 6201, which is better at resisting corrosion and lighter yet stronger than other types like ACSR. AAAC conductors also have better electrical performance and last longer than ACSR conductors of the same size. In 2029, its share price target would be ₹298.50, as per our analysis.
By our prediction, its share price would be between ₹224.84 to ₹298.50 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 224.84 | 298.50 |
Its XLPE cables are made with copper, aluminium wires and covered with a strong XLPE insulation. Inside, the parts are arranged properly and wrapped or coated for extra protection. On the outside, they have a strong steel layer and a final cover made of good-quality PVC. These cables follow Indian standards. XLPE cables are better than normal PVC cables in many ways. They can handle more heat and carry more electricity. In 2030, its share price target would be ₹355.65, as per our prediction.
Its share price would be between ₹270.32 to ₹355.65 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 270.32 | 355.65 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 270.32 | 314.56 |
February | 286.45 | 317.65 |
March | 289.30 | 324.85 |
April | 297.36 | 328.60 |
May | 304.25 | 332.74 |
June | 309.65 | 334.84 |
July | 312.74 | 337.32 |
August | 317.25 | 340.14 |
September | 314.78 | 342.74 |
October | 317.21 | 345.71 |
November | 324.85 | 348.63 |
December | 327.32 | 355.65 |
Its ACSR conductor is made with a strong steel wire. Around this steel core, there are layers of aluminium wires. Steel has different levels of strength depending on how much carbon it has. ACSR conductors come in different types, so they can be made stronger if needed. The biggest advantage of ACSR conductors is their high strength, which means they can hold more weight and cover longer distances without breaking. In 2040, its share price target would be ₹770.90, as per our analysis.
By our prediction, its share price would be between ₹698.90 to ₹770.90 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 698.90 | 770.90 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 698.90 | 725.65 |
February | 704.52 | 727.74 |
March | 708.36 | 730.67 |
April | 711.27 | 732.74 |
May | 713.24 | 740.84 |
June | 720.65 | 743.41 |
July | 717.34 | 747.32 |
August | 720.65 | 750.65 |
September | 722.74 | 758.45 |
October | 724.67 | 763.14 |
November | 727.65 | 765.84 |
December | 730.56 | 770.90 |
It is a well-managed company with a skilled and experienced team. The leaders have many years of knowledge in the power cable business, which helps the company grow and find new opportunities. The company has important certificates like ISO and EMS that show they follow high-quality standards. They started by making wires with aluminium and copper, as well as XLPE, PVC, and aerial bunched cables. The company keeps giving good products and trusted service to power companies. In 2050, its share price target would be ₹1281.51, as per our prediction.
Its share price would be between ₹1196.00 to ₹1281.51 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 1196.00 | 1281.51 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1196.00 | 1220.85 |
February | 1202.56 | 1227.34 |
March | 1207.36 | 1231.74 |
April | 1210.71 | 1234.56 |
May | 1213.74 | 1237.32 |
June | 1215.21 | 1245.74 |
July | 1219.32 | 1248.85 |
August | 1221.74 | 1254.84 |
September | 1224.32 | 1257.85 |
October | 1232.85 | 1268.65 |
November | 1238.65 | 1275.57 |
December | 1249.64 | 1281.51 |
Should I buy Marco Cables & Conductors stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 27.00 | 80.90 |
2026 | 50.85 | 134.60 |
2027 | 111.58 | 190.08 |
2028 | 172.52 | 242.98 |
2029 | 224.84 | 298.50 |
2030 | 270.32 | 355.65 |
2040 | 698.90 | 770.90 |
2050 | 1196.00 | 1281.51 |
It is a company that makes electric cables used to carry power. It has been growing with good sales and profits, and many big customers trust its products. The company is getting better at using its money and growing its business. But it also has some problems, like having a lot of debt, not giving dividends to shareholders. If you want to invest for a long time and believe India will need more electricity in the future, this stock might be a good option.
Marco Cables & Conductors earnings results
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 42 | 56 | 56 | 72 | 111 |
Expenses + | 37 | 50 | 47 | 61 | 98 |
Operating Profit | 5 | 6 | 9 | 10 | 14 |
OPM % | 12% | 11% | 16% | 15% | 12% |
Other Income + | 0 | 0 | 1 | 0 | 0 |
Interest | 5 | 5 | 5 | 6 | 6 |
Depreciation | 1 | 0 | 0 | 0 | 1 |
Profit before tax | 0 | 0 | 4 | 4 | 7 |
Tax % | 0% | 31% | 22% | 30% | 26% |
Net Profit + | 0 | 0 | 3 | 3 | 5 |
EPS in Rs | — | — | — | 1.63 | 2.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
— | 3.14 | — | 38.87 | 6.56 | 0.55% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Marco Cables & Conductors Ltd | 16.27 | 3.14 | — |
KEI Industries Ltd | 51.64 | 11.42 | 0.10% |
Motherson Sumi Wiring India Ltd | 43.38 | 15.67 | 0.59% |
R R Kabel Ltd | 49.45 | 7.16 | 0.44% |
Is Marco Cables & Conductors stock good to buy? (bull case & bear case)

Bull Case:
- The company is showing strong revenue growth, with a 55% year-over-year increase.
- Return on capital is at around 24%, indicating efficient use of capital.
- Return on equity at approximately 16–17%, reflecting strong profitability.
- EBITDA margins are 13%, which shows good cost control and operating efficiency.
- Debtor days have improved significantly, indicating better cash collection and working capital management.
- The company recently secured new government and private contracts, supporting future growth momentum.
Bear Case:
- The company has a high debt-to-equity ratio of 1.4, which increases financial risk.
- Interest coverage ratio is around 2.6–2.8, which could become a concern in a high-interest environment.
- The stock’s illiquidity is very low, which can lead to sharp price fluctuations and entry/exit difficulties.
Conclusion
It is an Indian company that makes electric wires and cables used in power lines. It has been in the business for over 35 years and is known for making strong and reliable products like XLPE, PVC, ACSR, and AAAC cables. The company has grown well, with rising sales, good profits, and better use of its money. This means it is running its business efficiently. The company has a bright future because India’s demand for power and cables is growing. But if you’re thinking of investing, it’s best to study the company properly and wait for clear signs of steady growth.