BSE: 513544
MARDIA SAMYOUNG CAPILLARY TUBE
Classified by BSE under the copper/non-ferrous metals industry, the company reported FY26 revenue of ₹73.87 crore and net profit of ₹2.23 crore, with an EBITDA margin of 4.7%. The cost shape lists employee costs at 0.4% of revenue and other operating expenses at 1.4%, with materials and depreciation shown at 0%; no segment breakdown or revenue split is provided in the pack. The filings carry no operational description of the underlying business and consist almost entirely of SEBI compliance filings, board changes, preferential warrant allotments and quarterly results. Between February and April 2026, the company issued and converted multiple tranches of fully convertible warrants at ₹13.50 each, lifting paid-up equity from about ₹6.94 crore to ₹79.45 crore, with the stated purpose of meeting working capital requirements. The FY26 results filing noted auditor concerns over missing balance confirmations, weak inventory valuation support and absence of an internal auditor for the year, and reported operating cash flow of negative ₹8,567.66 lakhs. AR · MarketPing reader · 2026-08-02
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 7 |
| EBITDA (ex other income) | (0) | (0) | (1) | (2) | 0 |
| margin % | — | — | — | — | 4.7 |
| Owners' profit | 0 | (0) | (1) | 1 | 0 |
| EPS, as reported (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 |
| ROE % · ROCE % | 0.7 · 0.5 | (4.6) · (3.1) | (11.5) · (9.9) | 21.3 · 21.3 | 2.4 · 3.7 |
| Debt / equity (x) | 0.00 | 0.02 | 0.19 | 0.00 | 0.00 |
| Cash from operations | 0 | (0) | (0) | 0 | (9) |
| Capex | (0) | 0 | (1) | 0 | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 6 |
| Profit before tax | (0) | (0) | (1) | (0) | (0) | 0 | 2 | 0 |
| Net profit | (0) | (0) | (1) | (0) | (0) | 0 | 1 | 0 |
| EPS (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 1.85 | 0.17 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| HINDUSTAN COPPER LTD | 39,551 | 34.8 | 11.83 | 27.3 | 27.5 | 34.5 | 11.5 | 56.0 |
| MARDIA SAMYOUNG CAPILLARY TUBE ◆ | 344 | 24.9 | 36.64 | — | 2.4 | 3.7 | — | 3.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 24.9 | 15.9 | 17 of 22 | 24% |
| P/B | 36.6 | 2.7 | 20 of 20 | 0% |
| ROCE | 3.7 | 7.8 | 18 of 24 | 26% |
| ROE | 2.4 | 7.6 | 17 of 20 | 16% |
| Debt / Equity | 0.0 | 0.4 | 1 of 20 | 84% |
| EBITDA margin | 3.0 | 6.8 | 14 of 19 | 28% |
| Profit growth | 312.8 | 55.9 | 3 of 20 | 90% |
| Market cap | 344 | 198 | 11 of 24 | 57% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Revenue and profit jump sharply in September quarter results | compliance | minimal | — | — |
| 26 Oct 2026 · September 2026 half-year profit Rs 202.92 lakh amid cash outflow | results | high | — | — |
| 26 Oct 2026 · Sep 2026 profit rises sharply as operating cash outflow widens | results | high | — | — |
| 21 Oct 2026 · Board meeting on Oct 26, 2026 to consider Q2 FY27 results | results | low | — | — |
| 8 Oct 2026 · Routine compliance filing for share dematerialisation, Q2 FY26 | compliance | minimal | — | — |
| 1 Oct 2026 · AGM 2026: All 7 resolutions passed with 100 percent approval | compliance | low | — | — |
| 29 Sept 2026 · 34th AGM approves office shift from Maharashtra to Gujarat | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading Window Closure Ahead of Q2 FY26 Results | compliance | minimal | — | — |
| 8 Sept 2026 · Newspaper Publication of 34th AGM Notice filed with BSE | compliance | minimal | — | — |
| 4 Sept 2026 · Annual Report FY26 and 34th AGM Notice filed with BSE | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.