M Tek Copper Limited - manufacturing in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
CIN L27201GJ2012PLC072719 Incorporated 19 November 2012 ROC Ahmedabad HQ Bhavnagar, Gujarat, India
Active Listed - NSE: MCL Public Limited Company manufacturing MSME
Data last updated
Market Cap
₹134 Cr
MCL · NSE
Share Price
₹48.62
-1.84% today
Revenue
₹234 Cr
FY 2025-26 · +87.9% YoY
EBITDA
₹10.45 Cr
Margin 4.5%
Net Profit
₹4.49 Cr
FY 2025-26 · -4.9% YoY
P/E (TTM)
31.2x
P/B 2.8x
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.57 Cr
Issued & subscribed

About M Tek Copper Limited

Data last updated:

M Tek Copper Limited is a public limited company based in Bhavnagar, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 19 November 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27201GJ2012PLC072719. Its GSTIN is 24AAICM2859A1ZP (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on NSE: MCL.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.57 Cr. It was formerly known as Madhav Copper Private Limited. It is led by directors including Rohitbhai Bhikhabhai Chauhan (Managing Director) and Nileshbhai Natubhai Patel (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bhavnagar, Gujarat.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹234.2 Cr, a growth of 87.9% compared to the previous year. For the same year it recorded a net profit of ₹4.49 Cr (net margin 1.9%) and EBITDA of ₹10.45 Cr (EBITDA margin 4.5%). The net worth stands at ₹50.2 Cr (up 9.8% YoY). Total assets are valued at ₹91.81 Cr (up 27.6% YoY).

The company has about 33 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Madhav Copper. As per MCA filings, the company has open charges of ₹52.98 Cr and satisfied charges of ₹8.08 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 7 filed against it; 9 cases are pending. The company has 20 deals on record (18 market trades, 1 ipo, 1 secondary share transfer); the latest was in January 2026. Its 4 peer companies in the Manufacturing industry (Cables and Wires, Copper), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 1 smaller; the largest is Modison Copper Private Limited with revenue of ₹128.23 Cr.

M Tek Copper Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0004093). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhavcopper.com.

Company details

CIN L27201GJ2012PLC072719
Registration Number 072719
Incorporation Date 19 November 2012
ROC Ahmedabad
Listing Status Listed - Listed on NSE (MCL)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-05-0004093

Name history

M Tek Copper has undergone 2 name changes throughout its history. The company was previously known as Madhav Copper Private Limited, and M Tek Copper Limited. The current legal name is M Tek Copper Limited.

Company NameStatus
M Tek Copper LimitedCurrent
Madhav Copper Private LimitedPrevious

CIN history

M Tek Copper has one previous CIN (Corporate Identification Number): U27201GJ2012PTC072719. The current CIN is L27201GJ2012PLC072719, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27201GJ2012PLC072719Current
U27201GJ2012PTC072719Previous

Recognitions & Rankings of M Tek Copper

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-05-0004093

Contact details

M Tek Copper Limited's registered office is in Bhavnagar, Gujarat. Its website is madhavcopper.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Tenament No. 4 – 5 Plot No. 2229, C.S. No. 2961 Amardip Society Waghawadi Road, Bhavnagar, Gujarat, India – 364001
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of M Tek Copper Limited, buy the company report.

Comprehensive company report
M Tek Copper Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

M Tek Copper operates one associated brand: Madhav Copper. Each brand links to its own profile.

BrandDescriptionWebsite
Copper manufacturing operations are conducted by Madhav Copper in India.madhavcopper.com

Business activity

The main business activities of M Tek Copper are manufacturing and agriculture, forestry, fishing. In detail, this covers metal and metal products and fishing and aquaculture. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
AAgriculture, forestry, fishingA3Fishing and aquaculture

To see the full business activity and turnover split of M Tek Copper Limited, buy the company report.

Financials of M Tek Copper Limited

FY 2025-26 filings available

M Tek Copper Limited reported revenue of ₹234.2 Cr (up 87.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹234 Cr
+87.9% YoY
EBITDA
₹10.45 Cr
+69.4% YoY
Profit After Tax
₹4.49 Cr
-4.9% YoY
Net Worth
₹50.20 Cr
+9.8% YoY
Total Assets
₹91.81 Cr
+27.6% YoY
Total Debt
₹41.07 Cr
+59.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue23412535.500.00122383202
Revenue growth+87.9%+251.2%--100.0%-68.1%+89.5%-
EBITDA10.456.17(1.24)(2.66)0.159.138.70
EBITDA margin+4.5%+5.0%-3.5%-+0.1%+2.4%+4.3%
Profit before tax7.023.461.15(5.27)(1.88)6.096.08
Net profit4.494.721.22(4.20)(3.01)4.383.96
Net profit margin+1.9%+3.8%+3.4%--2.5%+1.1%+2.0%
EPS (₹)1.651.730.45(1.63)(0.90)1.651.64
Balance sheet
Total assets91.8171.9754.4641.0351.7949.7046.32
Net worth50.2045.7141.0239.7944.2146.6542.18
Total debt41.0725.7113.181.047.332.954.14
Cash & bank0.470.290.270.220.380.327.44
Net working capital79.3557.7440.9926.5235.4631.7632.61
Cash flow
Cash from operations6.223.36(1.31)(0.58)3.102.00(13.19)
Cash from investing(0.33)(0.53)(0.66)0.54(1.46)(6.54)(3.01)
Cash from financing(5.67)(3.08)2.04(0.11)(1.33)(2.58)23.35
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue80.2684.0652.8051.1446.2041.6032.8625.73
Revenue growth (YoY)+73.7%+102.1%+60.7%+98.8%+88.7%---
Other income0.160.930.070.340.170.390.140.16
Total expenses77.3679.7650.5049.3144.1840.4631.0924.27
EBITDA2.904.302.301.832.021.141.771.46
EBITDA margin+3.6%+5.1%+4.4%+3.6%+4.4%+2.7%+5.4%+5.7%
Depreciation0.400.580.360.360.360.440.410.41
Interest1.060.960.830.700.800.690.520.31
Profit before tax1.603.691.181.111.030.400.980.90
Tax0.550.790.431.32(0.01)(1.32)0.07(0.04)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue80.2684.0652.8051.1446.2041.6032.8625.73
Revenue growth (YoY)+73.7%+102.1%+60.7%+98.8%+88.7%---
Other income0.160.930.070.340.170.390.140.16
Total expenses77.3679.7650.5049.3144.1840.4631.0924.27
EBITDA2.904.302.301.832.021.141.771.46
EBITDA margin+3.6%+5.1%+4.4%+3.6%+4.4%+2.7%+5.4%+5.7%
Depreciation0.400.580.360.360.360.440.410.41
Interest1.060.960.830.700.800.690.520.31
Profit before tax1.603.691.181.111.030.400.980.90
Tax0.550.790.431.32(0.01)(1.32)0.07(0.04)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue23412535.500.00122383202
Revenue growth+87.9%+251.2%--100.0%-68.1%+89.5%-
Other income1.510.804.810.211.720.420.79
Total expenses22411836.742.66122374194
Employee cost0.002.441.280.511.131.011.04
EBITDA10.456.17(1.24)(2.66)0.159.138.70
EBITDA margin+4.5%+5.0%-3.5%-+0.1%+2.4%+4.3%
Depreciation1.661.661.852.252.882.632.35
Interest3.281.850.570.570.870.831.06
Profit before tax7.023.461.15(5.27)(1.88)6.096.08
Tax2.53(1.23)(0.07)(0.86)0.551.621.62
Net profit4.494.721.22(4.20)(3.01)4.383.96
Net profit margin+1.9%+3.8%+3.4%--2.5%+1.1%+2.0%
EPS (₹)1.651.730.45(1.63)(0.90)1.651.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.5713.5713.5713.5713.5713.5713.57
Reserves & surplus36.6332.1427.4526.2230.6433.0828.61
Shareholders' funds (net worth)50.2045.7141.0239.7944.2146.6542.18
Secured loans41.0623.659.950.356.472.811.28
Unsecured loans0.012.063.230.690.860.142.86
Total debt41.0725.7113.181.047.332.954.14
Total liabilities91.8171.9754.4641.0351.7949.7046.32
Assets
Gross block23.5810.6811.7413.4416.3217.9315.18
Net block10.659.029.8911.2013.4415.3012.83
Capital work in progress0.002.932.932.612.601.620.00
Investments0.020.020.020.170.711.151.15
Inventories50.7735.8230.7233.6634.6249.4710.76
Sundry debtors20.5110.895.1428.8636.5036.3013.10
Cash & bank balances0.470.290.270.220.380.327.44
Loans & advances28.6315.5914.4926.1226.1126.0914.50
Total current assets10062.5950.6288.8697.6111245.80
Total current liabilities21.034.859.6362.3462.1580.4213.19
Net working capital79.3557.7440.9926.5235.4631.7632.61
Total assets91.8171.9754.4641.0351.7949.7046.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.630.880.530.680.377.480.34
Net cash from operating activities6.223.36(1.31)(0.58)3.102.00(13.19)
Net cash from investing activities(0.33)(0.53)(0.66)0.54(1.46)(6.54)(3.01)
Net cash from financing activities(5.67)(3.08)2.04(0.11)(1.33)(2.58)23.35
Net change in cash0.22(0.25)0.07(0.15)0.31(7.11)7.15
Closing cash0.470.290.270.220.380.327.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+87.9%+251.2%--100.0%-68.1%+89.5%-
EBITDA growth+69.4%+597.6%+53.4%-1873.3%-98.4%+4.9%-
PBT growth+102.9%+200.9%+9998.0%-180.3%-+0.2%+2.7%
Net income growth-4.9%+286.9%+129.1%-39.5%-168.7%+10.6%-
Revenue CAGR (3Y)-+0.7%-54.8%-100.0%-16.9%+31.4%+41.5%
EBITDA CAGR (3Y)-+245.2%---74.4%+26.6%+53.0%
Profitability & leverage
Net income margin+1.9%+3.8%+3.4%--2.0%+1.2%+2.2%
Return on capital employed-+8.4%+3.6%-10.1%-3.2%+14.4%+18.1%
Return on net worth-+10.8%+3.0%-10.5%-6.7%+10.1%+14.3%
Debt / equity-0.450.180.100.110.080.29
Long-term debt / equity-0.060.040.000.010.040.10
Interest cover37.3241.02-18.45-11.61-31.8712.7716.69
Efficiency & per share
Fixed asset turnover-11.122.820.007.1423.1613.05
Inventory turnover-3.751.100.002.9112.7322.78
Debtors turnover-15.552.090.003.3615.5211.03
EPS (₹)1.651.730.45(1.63)(0.90)1.651.64
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0016.8415.1114.6616.2917.1915.54

To see the full year-wise statements and ratios of M Tek Copper Limited, buy the company report.

Board of directors of M Tek Copper Limited

M Tek Copper has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rohitbhai Bhikhabhai ChauhanManaging Director19 Nov 201213 Years 11 MonthsCurrent
Nileshbhai Natubhai PatelWhole-Time Director19 Nov 201213 Years 11 MonthsCurrent
Dinal LakhaniDirector04 Jun 20206 Years 4 MonthsCurrent
Jaysukh Bhanabhai DabhiDirector19 May 20215 Years 5 MonthsCurrent
Dipakkumar Girishkumar PatelDirector25 Sep 20251 Years 0 MonthsCurrent
Chintan Niranjanbhai BhadiyadraDirector21 May 20260 Years 5 MonthsCurrent

Peer comparison

M Tek Copper Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cables and Wires, Copper), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
M Tek Copper Limitedthis company₹234.2 Cr (FY 2026)₹4.49 Cr1.9%87.9%33Bhavnagar, Gujarat, India
Modison Copper Private Limited₹128.23 Cr (FY 2025)52.0%Mumbai, Maharashtra, India
Avanta Engineerings Private Limited₹127.88 Cr (FY 2025)-17.0%Bhilai, Chhattisgarh, India
MW Wiretec Private Limited₹127.87 Cr (FY 2025)9.0%New Delhi, Delhi, India
Mailam India Private Limited₹122.32 Cr (FY 2025)8.0%Puducherry, India

To see the full peer comparison of M Tek Copper Limited, buy the company report.

Auditor

M Tek Copper Limited is audited by NIRAV PATEL & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NIRAV PATEL & COFY 2023134617W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 65.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 34.80%.

Promoters: 65.20%Retail & Others: 34.80%
Sep 2026
QUARTER
65.20% Promoters
34.80% Retail & Others
Promoter holding - history
Now 65.20% · Sep 2026High 66.30% · Dec 2025Low 65.20% · Mar 2026
64%65%66%67%68%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 66.30%Mar 2026: 65.20%Jun 2026: 65.20%Sep 2026: 65.20%66.30%65.20%65.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters65.20%65.20%65.20%66.30%
Public34.80%34.80%34.80%33.70%

Charges & borrowings

Open charges
₹52.98 Cr
Satisfied charges
₹8.08 Cr
Breakdown by lending institutions
Bank of India₹52.75 Cr
Hdfc Bank Limited₹0.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Aug 2026101376249Hdfc Bank Limited₹22.8 LakhOpen
07 Aug 2024100966532Bank of India₹52.75 CrOpen
09 Feb 2018100161488Hdfc Bank Limited₹8 LakhSatisfied
16 Mar 201310416345Others₹8 CrSatisfied

To see the full charge records of M Tek Copper Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

M Tek Copper Limited has 20 deals on record (18 market trades, 1 ipo, 1 secondary share transfer); the latest was in January 2026.

Total deals
20
Market trades
18
IPO
1
Secondary share transfer
1

Deals on record (5 of 20)

WhenDealAmountParties
Jan 2026Market trade₹1.17 CrBuyer: Neo Apex Venture LLP
Seller: Neo Apex Venture LLP
Jan 2026Market trade₹2.07 CrSeller: Neo Apex Venture LLP
Jan 2026Market trade₹3.04 CrBuyer: Neo Apex Venture LLP
Jan 2026Market trade₹1.11 CrBuyer: Neo Apex Share Broking Services LLP
Seller: Neo Apex Share Broking Services LLP
Jan 2026Market trade₹2.04 CrBuyer: Neo Apex Share Broking Services LLP
Seller: Neo Apex Share Broking Services LLP

To see the full deal history of M Tek Copper Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

M Tek Copper Limited was last rated by Crisil on 11 Dec 2019.

Rating agencyRated onRating
Crisil11 Dec 2019

To see the full credit ratings and regulatory alerts of M Tek Copper Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for M Tek Copper Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

M Tek Copper Limited has a workforce of 33 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
33
Active EPFO establishments
1
Employee growth
83.33%

GST

M Tek Copper has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAICM2859A1ZPGujaratActive01 Jul 2017
24AAICM2859A1DYGujaratActive06 Nov 2024

To see the full GST registrations and return filing status of M Tek Copper Limited, buy the company report.

Recent activity

M Tek Copper Limited has 13 board changes on record since 2012: 10 appointments and 3 cessations. The latest: Chintan Niranjanbhai Bhadiyadra was appointed as Director on 21 May 2026.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101376249 was registered on 21 Aug 2026.
Charges
A charge with Bank Of India of Rs. 52.75 Cr registered on 07 Aug 2024 with Charge ID 100966532 was modified on 16 Jun 2026.
Appointed
Chintan Niranjanbhai Bhadiyadra was appointed as Director.
Filing
M Tek Copper Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 16 Mar 2013 via Charge ID 10416345 with Others was fully satisfied on 13 Oct 2025.
Ceased
Chaitnya Bhanubhai Doshi ceased to be Director.
AGM
M Tek Copper Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Dipakkumar Girishkumar Patel was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 52.75 Cr with Charge ID 100966532 was registered on 07 Aug 2024.
Charges
A charge registered on 09 Feb 2018 via Charge ID 100161488 with Hdfc Bank Limited was fully satisfied on 15 Jul 2024.
Charges
A charge with Others of Rs. 8.00 Cr registered on 16 Mar 2013 with Charge ID 10416345 was modified on 12 Jun 2024.
Appointed
Jaysukh Bhanabhai Dabhi was appointed as Director.

12 earlier events are in the company report.

Frequently asked questions

M Tek Copper is an active public limited company based in Bhavnagar, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 19 November 2012 (14+ years old) and is registered under CIN L27201GJ2012PLC072719. Listed on NSE: MCL.

M Tek Copper reported revenue of ₹234.2 Cr for FY 2025-26 (up 87.9% YoY) based on standalone financials.

M Tek Copper has 6 current directors:

The latest financial statements of M Tek Copper on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of M Tek Copper is 24AAICM2859A1ZP, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAICM2859A1DY (Gujarat).

The CIN (Corporate Identification Number) of M Tek Copper is L27201GJ2012PLC072719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. M Tek Copper is a listed company as per MCA records. Its shares are listed on NSE (symbol: MCL).

M Tek Copper has 19 court cases on record: 12 filed by the company and 7 filed against it. 9 are pending. Most are in the high courts.

M Tek Copper was incorporated on 19 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

M Tek Copper has 20 deals on record (18 market trades, 1 ipo, 1 secondary share transfer); the latest was in January 2026.

The peers of M Tek Copper by revenue are Modison Copper Private Limited, Avanta Engineerings Private Limited, MW Wiretec Private Limited, Mailam India Private Limited, all in the Manufacturing industry (Cables and Wires, Copper), with the same principal business activity (metal and metal products).