Mcon Rasayan IndiaShare price, financial results, shareholding and management
- Market cap
- ₹28 cr
- Stock P/E
- 9.3peers 17.9
- Book value
- ₹49.4
- Price to book
- 0.78
- EV / operating profit
- 6.0
- Market cap to sales
- 0.43
- ROCE · FY26
- 11.0%
- ROE · FY26
- 8.8%
- ROE, 3-year average
- 11.2%
- Operating margin · FY26
- 11.7%peers 21.0%
- Sales growth, 3 years
- 28.2%
- Profit growth, 3 years
- 38.7%
- Debt to equity
- 0.50peers 0.38
- Borrowings
- ₹18.2 cr
- Interest cover
- 3.3×
- Cash from business / op. profit
- 53%
- Debtor days
- 165
- Pledged
- 0.00%
- Promoter holding
- 57.41%
- Change in promoter holding
- +0.09 pts
- Shareholders
- 636
- 52-week high / low
- ₹79 / ₹37
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
Mcon Rasayan India share price chart
Close on 6 Nov 2026 · +2.12% on the day · Vol 7,000
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- -6.0%
- 3 months
- -9.5%
- 6 months
- -32.5%
- 1 year
- -45.0%
- Traded a day, 20 days
- ₹0.02 cr
- Taken for delivery
- 94%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +29% | +34% |
| 3 years, a year | +28% | +39% |
| Latest half, H2 FY26 | +26% | +76% |
Mcon Rasayan India revenue and profit growth
Half-yearly results · Profit and lossSales have grown fast. Last year profit grew faster than sales, so the company kept more from each rupee of sales.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew faster than sales.
Mcon Rasayan India half-yearly results
SME companies report every six months · ₹ crore
| H1FY23 | H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 13.04 | 18.01 | 17.25 | 24.88 | 21.57 | 29.18 | 28.38 | 36.86 |
| Expenses | 11.65 | 16.71 | 15.23 | 21.60 | 18.11 | 26.79 | 25.05 | 32.54 |
| Operating profit | 1.39 | 1.30 | 2.02 | 3.28 | 3.46 | 2.39 | 3.33 | 4.32 |
| OPM | 10.7% | 7.2% | 11.7% | 13.2% | 16.0% | 8.2% | 11.7% | 11.7% |
| Interest | 0.28 | 0.50 | 0.45 | 1.06 | 1 | 1 | 0.75 | 1.03 |
| Depreciation | 0.21 | 0.17 | 0.38 | 0.69 | 0.88 | 0.97 | 0.95 | 0.90 |
| Profit before tax | 0.90 | 0.64 | 1.46 | 1.67 | 1.59 | 1.10 | 1.68 | 2.47 |
| Net profit | 0.67 | 0.47 | 1.09 | 1.16 | 1.26 | 1.02 | 1.25 | 1.80 |
Mcon Rasayan India profit and loss
Full years to March, FY19 to FY26 · ₹ crore, consolidated where reported
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 6.98 | 8.97 | 8.97 | 19.22 | 30.98 | 41.81 | 50.75 | 65.24 |
| Expenses | 6.43 | 8.23 | 8.06 | 17.79 | 28.29 | 36.51 | 44.89 | 57.59 |
| Operating profit | 0.55 | 0.74 | 0.91 | 1.43 | 2.69 | 5.30 | 5.85 | 7.65 |
| OPM | 7.9% | 8.3% | 10.1% | 7.4% | 8.7% | 12.7% | 11.5% | 11.7% |
| Other income | 0.04 | 0 | 0.02 | 0.01 | 0 | 0.42 | 0.69 | 0.13 |
| Interest | 0.25 | 0.32 | 0.40 | 0.43 | 0.78 | 1.52 | 2 | 1.77 |
| Depreciation | 0.21 | 0.30 | 0.28 | 0.32 | 0.38 | 1.07 | 1.85 | 1.85 |
| Profit before tax | 0.13 | 0.12 | 0.25 | 0.69 | 1.53 | 3.13 | 2.69 | 4.15 |
| Tax rate | 23.1% | 25.0% | 28.0% | 27.5% | 25.5% | 28.4% | 15.6% | 26.7% |
| Net profit | 0.09 | 0.09 | 0.19 | 0.50 | 1.14 | 2.24 | 2.27 | 3.04 |
| EPS ₹ | 1.80 | 0.89 | 1.27 | 3.33 | 1.81 | 3.55 | 3.40 | 4.15 |
| Dividend payout | 0.0% | 0.0% | 7.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Mcon Rasayan India profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a moderate return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 7.9% | 8.3% | 10.1% | 7.4% | 8.7% | 12.7% | 11.5% | 11.7% |
| Tax rate | 23.1% | 25.0% | 28.0% | 27.5% | 25.5% | 28.4% | 15.6% | 26.7% |
| ROCE | · | 11.3% | 13.4% | 14.9% | 14.6% | 17.4% | 11.1% | 11.0% |
| ROE | · | 9.9% | 12.7% | 23.9% | 14.5% | 15.4% | 9.3% | 8.8% |
| Dividend payout | 0.0% | 0.0% | 7.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Mcon Rasayan India debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. Its loans are smaller than its own money. Last year the business brought in more cash than it showed as profit. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Mcon Rasayan India balance sheet
At each 31 March · ₹ crore
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0.50 | 1.01 | 1.50 | 1.50 | 6.30 | 6.30 | 7.33 | 7.34 |
| Reserves | 0.11 | 0.20 | 0.28 | 0.90 | 7.07 | 9.35 | 25.85 | 28.91 |
| Net worth | 0.61 | 1.21 | 1.78 | 2.40 | 13.37 | 15.65 | 33.18 | 36.24 |
| Borrowings | 2.78 | 3.22 | 3.47 | 7.40 | 8.47 | 15.96 | 19.64 | 18.17 |
| Other liabilities | 5.65 | 3.35 | 3.07 | 4.65 | 8.47 | 14.01 | 18.08 | 22.31 |
| Total liabilities | 9.04 | 7.78 | 8.32 | 14.45 | 30.31 | 45.62 | 70.90 | 76.72 |
| Fixed assets | 1.49 | 0 | 1.29 | 1.34 | 1.13 | 9.78 | 14.99 | 15.27 |
| Capital work in progress | 0 | 0 | 0 | 1.17 | 5.69 | 5.43 | 0.42 | 0.07 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 7.55 | 7.78 | 7.03 | 11.94 | 23.49 | 30.41 | 55.49 | 61.38 |
| Receivables | · | · | · | · | · | · | 22.59 | 29.48 |
| Inventory | · | · | · | · | · | · | 28.96 | 29.92 |
| Cash | · | · | · | · | · | · | 1.40 | 0.48 |
| Trade payables | · | · | · | · | · | · | 16.55 | 18.66 |
Mcon Rasayan India cash flow
₹ crore
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -0.03 | -0.04 | -0.02 | -1.97 | -5.26 | 3.93 | -14.12 | 4.09 |
| Cash from investing | -0.60 | -0.11 | -0.29 | -1.49 | -4.68 | -9.47 | -2.04 | -1.79 |
| Cash from financing | 0.66 | 0.13 | 0.34 | 3.50 | 10.12 | 5.97 | 16.85 | -3.23 |
| Net cash flow | 0.03 | -0.02 | 0.03 | 0.04 | 0.18 | 0.43 | 0.69 | -0.93 |
| Capital spending | · | · | · | · | · | · | 0 | 1.79 |
Working capital
Days
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 323 | 128 | 147 | 98 | 121 | 149 | 162 | 165 |
| Inventory days | 83 | 118 | 226 | 161 | 150 | 199 | 494 | 327 |
| Days payable | 500 | 263 | 239 | 145 | 160 | 212 | 282 | 204 |
| Cash conversion cycle | -94 | -17 | 134 | 114 | 111 | 135 | 375 | 289 |
| Working capital days | 20 | 119 | 74 | 34 | 93 | 41 | 157 | 137 |
Mcon Rasayan India peers and competitors
Listed SME companies in the same industryBy sales, Mcon Rasayan India is number 3 of the 5 listed SME companies in other construction materials.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Vishnusurya Projects and Infra | 363 | 10.2 | 352 | 35.6 | 16.0% | 0.28 |
| Om Galaxy | 305 | 17.9 | 124 | 17 | 26.0% | 0.47 |
| Mcon Rasayan India | 28 | 9.3 | 65.2 | 3 | 11.7% | 0.50 |
| Teamtech Formwork Solutions | 405 | 33.7 | 53 | 12 | 33.0% | 0.52 |
| Shiva Granito Export | 20 | - | 11.7 | -0.1 | 5.9% | 0.17 |
| Median of the 4 others | 334 | 17.9 | 88.5 | 14.5 | 21.0% | 0.38 |
Mcon Rasayan India shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company, a little less than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has grown a lot.
Mcon Rasayan India shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Mar 23 | Sep 23 | Mar 24 | Sep 24 | Nov 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 66.65% | 66.65% | 66.65% | 66.65% | 57.37% | 57.32% | 57.32% | 57.41% |
| Foreign investors (FIIs) | 0.00% | 0.00% | 0.00% | 1.51% | 5.86% | 4.12% | 1.73% | - |
| Indian institutions (DIIs) | 0.00% | 0.00% | 0.00% | 0.00% | 9.35% | 2.62% | 3.48% | 3.48% |
| HNIs (over ₹2 lakh each) | 2.52% | 6.42% | 7.76% | 11.50% | 9.25% | 12.38% | 9.70% | 13.37% |
| Small holders (up to ₹2 lakh) | 20.59% | 17.94% | 17.36% | 15.44% | 13.91% | 17.74% | 19.01% | 17.81% |
| Companies and others | 10.24% | 8.99% | 8.23% | 4.90% | 4.26% | 5.82% | 8.76% | 7.93% |
| Number of shareholders | 382 | 295 | 413 | 486 | 518 | 638 | 684 | 636 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
Mcon Rasayan India latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹36.9 cr (+26%), net profit ₹1.8 cr (+76%) on H2 FY25.
- Shareholding, 31 March 2026: promoters 57.32% to 57.41%.
Mcon Rasayan India announcements
18 on record, latest first; each opens the filing on the exchange
- Shareholders meetingSrutinizers report of Annual General Meeting held on September 28, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on September 28, 2026PDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Updates'Execution of Term Loan/Cash Credit/ Working Capital with Yes Bank Limited.'PDF ↗
- Copy of Newspaper PublicationCopy of Newspaper PublicationPDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 28, 2026PDF ↗
- Outcome of Board MeetingHeld on August 24, 2026PDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 201830th June 2026PDF ↗
- Updates'Non-Applicability of Corporate Governance Report under Regulation 27(2)(a) of SEBI(LODR) Regulations, 2015 for the quarter ended June 30, 2026'PDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meetPDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesTranscriptPDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesLink of RecordingPDF ↗
Mcon Rasayan India annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Mcon Rasayan India share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Mcon Rasayan India's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (73,35,388 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- !Earnings per share changes basis between FY22 (₹3.33) and FY23 (₹1.81) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
- ✓Revenue and profit are reported for every year shown, FY19 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Mcon Rasayan India
What does Mcon Rasayan India do?
Mcon Rasayan India is an SME company listed on NSE Emerge, in other construction materials.
What is the share price of Mcon Rasayan India?
₹38.5 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Mcon Rasayan India?
₹28 cr at the close on 6 Nov 2026, on 73,35,388 shares.
What is the P/E of Mcon Rasayan India?
9.3 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Mcon Rasayan India's revenue and profit?
Revenue ₹65 cr and profit after tax ₹3 cr in FY26.
Who are the promoters of Mcon Rasayan India?
The promoter group; promoters held 57.41% at 31 March 2026.
What is Mcon Rasayan India's website?
mconrasayan.com
More SME companies like Mcon Rasayan India
Other listed SME companies in other construction materials, the closest in size first, each read from its own documents.
- Shiva Granito ExportSHIVAEXPO · BSE SME · Other Construction MaterialsMarket cap ₹20 cr
- Om GalaxyOMG · BSE SME · Other Construction MaterialsMarket cap ₹291 cr
- Vishnusurya Projects and InfraVISHNUINFR · NSE Emerge · Other Construction Materials · listed 2023Market cap ₹393 cr
- Teamtech Formwork SolutionsTEAMTECH · NSE Emerge · Other Construction Materials · listed 2026Market cap ₹508 cr
- Kontor SpaceKONTOR · NSE Emerge · Commercial Services & Supplies · listed 2023Market cap ₹28 cr
- Cell Point (India)CELLPOINT · NSE Emerge · Retailing · listed 2023Market cap ₹27 cr
Every listed SME company in Other Construction Materials → · SME companies listed in 2023 →
Built from 18 exchange announcements, 8 shareholding patterns and 8 years of reported results. Every figure carries its source; where the documents are silent, the page says so.