Macpower CNC Machines Limited (MACPOWER) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 0.15%
• Average Volume (3M): N/A
• Price to Earnings (P/E): 31.2
• Beta (1Y): N/A
• Revenue Growth: 10.84%
• EPS Growth: -4.81%
• Country: IN
• Employees: 770
• Sector: Technology
• Sector Strength: 88
• Industry: Industrial - Machinery
• EPS (TTM): 9.37
• Shares Outstanding: 10,004,160
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 5.34
• Price to Book (P/B): 5.29
• Price to Sales (P/S): 2.88
• P/FCF Ratio: -81.36
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ―

The score is primarily supported by strong financial strength (low leverage, solid profitability and ROE) but held back by inconsistent cash flow and negative free cash flow in the latest year. Valuation is a further constraint due to a high P/E despite a very high dividend yield, and technical positioning cannot be assessed from the provided data.

Positive Factors

Manufacturing Capacity Expansion

The expansion of manufacturing capacity by 500 machines annually strengthens Macpower's market position and supports long-term growth potential.

Strong Balance Sheet

Low leverage enhances financial flexibility and reduces risk, providing a solid foundation for sustainable growth and resilience against economic fluctuations.

Revenue Growth

Consistent revenue growth indicates successful market penetration and product demand, supporting long-term business sustainability and profitability.

Negative Factors

Inconsistent Cash Flow

Volatile and negative cash flow can strain operations and limit reinvestment capacity, posing a risk to financial stability and growth initiatives.

Margin Volatility

Fluctuating margins suggest sensitivity to input costs and product mix, potentially impacting profitability and financial predictability over time.

Negative Free Cash Flow

Negative free cash flow indicates potential challenges in covering operational and investment needs, which could hinder future growth and financial health.

Macpower CNC Machines Limited Business Overview & Revenue Model

Company Description

Macpower CNC Machines Limited (MACPOWER) is a leading manufacturer specializing in the design and production of computer numerical control (CNC) machines. Operating primarily in the manufacturing and engineering sectors, MACPOWER offers a diverse range of products including CNC routers, milling machines, and laser cutting systems. The company is recognized for its commitment to innovation, precision, and quality, catering to industries such as automotive, aerospace, woodworking, and metalworking.

How the Company Makes Money

MACPOWER generates revenue through multiple streams, primarily by selling its CNC machines and related equipment to businesses in various industrial sectors. The company also earns money through after-sales services, including maintenance, repairs, and upgrades of its machines. Additionally, MACPOWER may offer training programs for operators to ensure optimal use of its products, creating another revenue stream. Strategic partnerships with suppliers for components and technology enhancements also bolster its earnings, enabling MACPOWER to provide cutting-edge solutions while maintaining competitive pricing.

Macpower CNC Machines Limited Financial Statement Overview

Summary

Strong income statement and balance sheet are offset by weak and volatile cash conversion. Revenue scaled materially over the period and profitability is healthy (mid-teens EBITDA margin, ~10% net margin recently), while leverage is exceptionally low and ROE remains strong. However, operating cash flow and free cash flow have been inconsistent, with negative free cash flow in 2025 despite positive earnings.

Income Statement

Revenue has expanded strongly over the period (from ~0.81B in 2020 to ~2.62B in 2025), indicating solid scale-up, though the latest annual growth is more moderate. Profitability is healthy and relatively steady with EBITDA margin around the mid-teens and net margin near ~10% in the last two years, supporting good earnings quality. A key watch-out is margin volatility across the cycle (e.g., weaker net margin in 2022 and notable gross margin swings), suggesting sensitivity to input costs and mix.

Balance Sheet

The balance sheet is conservatively positioned with very low leverage (debt-to-equity near ~0.02 in 2025 and even lower in prior years), which reduces financial risk and provides flexibility. Equity has grown meaningfully alongside assets, and returns on equity have been strong (mid-to-high teens to ~20% in recent years). The main weakness is that returns eased versus the peak (ROE down from ~20% to ~18% most recently), implying incremental capital may be earning slightly less than before.

Cash Flow

Cash generation is the weakest area: operating cash flow in 2025 is low relative to reported profit, and free cash flow turned negative in 2025 despite positive earnings, pointing to working-capital build or higher reinvestment needs. Cash flow has also been volatile across years (including negative operating cash flow in 2022 and negative free cash flow in multiple periods). A positive is that the business has demonstrated an ability to produce strong free cash flow in some years (notably 2021 and 2024), but consistency remains a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.72B	2.62B	2.41B	2.02B	1.90B	1.13B
Gross Profit	936.05M	629.17M	399.16M	611.80M	563.00M	301.20M
EBITDA	423.31M	411.32M	368.20M	209.30M	213.30M	95.30M
Net Income	259.25M	254.42M	242.52M	128.90M	128.40M	60.32M
Balance Sheet
Total Assets	0.00	2.18B	1.80B	1.43B	1.39B	1.34B
Cash, Cash Equivalents and Short-Term Investments	65.84M	65.75M	159.05M	101.70M	132.66M	247.00M
Total Debt	0.00	30.97M	4.79M	4.10M	1.40M	2.22M
Total Liabilities	-1.43B	752.31M	611.00M	465.70M	547.06M	619.10M
Stockholders Equity	1.43B	1.43B	1.19B	966.10M	847.03M	724.60M
Cash Flow
Free Cash Flow	0.00	-92.82M	60.53M	-21.30M	-116.58M	182.10M
Operating Cash Flow	0.00	66.96M	166.00M	47.90M	-68.10M	227.50M
Investing Cash Flow	0.00	-109.88M	-94.25M	-70.00M	101.04M	-197.00M
Financing Cash Flow	0.00	9.13M	-16.77M	-9.60M	-5.90M	-7.90M

Macpower CNC Machines Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MACPOWER	67 Neutral	―	31.21	―	0.15%	10.84%	-4.81%
AMDIND	63 Neutral	₹838.16M	-27.20	―	―	2.74%	-304.45%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
IKIO	54 Neutral	₹11.58B	59.81	―	0.55%	11.73%	-64.05%
MOLDTECH	54 Neutral	₹3.69B	127.61	―	0.63%	-17.65%	-89.27%
ASTRAMICRO	51 Neutral	₹93.24B	57.88	―	0.24%	11.44%	23.56%
AFFORDABLE	43 Neutral	₹1.90B	125.22	―	―	―	―

Macpower CNC Machines Limited Corporate Events

Macpower CNC Machines Expands Manufacturing Capacity

Macpower CNC Machines Limited has announced the successful completion of a capacity addition project, increasing its manufacturing capacity by 500 machines per annum to a total of 2,500 machines annually. This expansion, which includes a new assembly unit and enhanced distribution network, aims to drive sustainable growth and operational excellence, reinforcing the company’s market position.