M Tek Copper reports FY26 net profit of ₹44.88 crore
M Tek Copper Limited reported a net profit of ₹44.88 crore for FY26, with revenue from operations increasing to ₹234.20 crore from ₹124.67 crore in the previous year. The Board approved the audited financial results on May 27, 2026, with statutory auditors issuing an unmodified opinion.

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M Tek Copper Limited reported a net profit of ₹44.88 crore for the financial year ended March 31, 2026, driven by a significant increase in revenue from operations. The company's revenue rose to ₹234.20 crore for the year, up from ₹124.67 crore in the previous fiscal year. For the quarter ended March 31, 2026, the company recorded a net profit of ₹2.91 crore on revenue of ₹84.06 crore. The Board of Directors approved the audited standalone financial statements for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.
The financial results were reviewed by the Audit Committee and are based on Indian Accounting Standards (Ind AS). M/s. P G Hemani & Co., Chartered Accountants, the statutory auditors, issued an unmodified opinion on the standalone financial results. The company confirmed that it operates as a single segment, making segmental reporting inapplicable.
Financial Performance
The company's total expenditure for FY26 stood at ₹228.70 crore, compared to ₹122.02 crore in the prior year. This increase was primarily attributed to higher consumption of raw materials, which totaled ₹203.36 crore, and a rise in finance costs to ₹3.28 crore. Employee costs for the year were recorded at ₹3.29 crore.
For the fourth quarter of FY26, total expenditure was ₹81.30 crore. Profit before tax for the quarter was ₹3.69 crore, while for the full year, it reached ₹7.01 crore. The basic and diluted earnings per share (EPS) for the year stood at ₹1.65, compared to ₹2 in the previous year.
Key Financial Metrics
| Metric | FY26 (₹ crore) | FY25 (₹ crore) |
|---|---|---|
| Total Revenue from Operations | 234.20 | 124.67 |
| Total Expenditure | 228.70 | 122.02 |
| Profit Before Tax | 7.01 | 3.45 |
| Net Profit | 4.49 | 4.69 |
| Basic EPS (₹) | 1.65 | 2.00 |
Assets and Liabilities
As of March 31, 2026, the company's total assets increased to ₹1,121.71 crore from ₹752.95 crore in the previous year. Current assets rose significantly to ₹1,003.83 crore, largely due to inventories valued at ₹507.72 crore and trade receivables of ₹205.15 crore. Total equity and liabilities stood at ₹1,121.71 crore, with total equity recorded at ₹501.97 crore.
Cash Flow Analysis
Net cash generated from operating activities for FY26 was ₹68.90 crore, an increase from ₹33.61 crore in the previous year. The company utilized ₹32.52 crore in investing activities, primarily towards capital expenditure. Financing activities resulted in a net outflow of ₹56.70 crore, driven by repayments of long-term and working capital borrowings. Cash and cash equivalents at the end of the year stood at ₹85.15 crore.
Historical Stock Returns for Madhav Copper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.28% | -2.87% | -0.20% | +27.54% | +2.00% | -30.13% |
How will the company manage the significant rise in inventory levels to prevent potential obsolescence or liquidity constraints?
What is the outlook for raw material costs, and will the company be able to maintain margins if input prices remain volatile?
Will the increase in capital expenditure during the year translate into higher production capacity for the coming fiscal year?






























