Marine Electricals (India) Ltd
MARINE NSE
Marine Electricals (India) Ltd
Capital GoodsNSE: MARINE Industrial Products
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsMarket Cap
₹5,245 Cr
Volatility
High Risk
P/E Ratio
81.91
EBITDA
₹93.27 Cr
Return on Equity
9.34%
Debt to Equity
0.18
Book Value
₹35.22
52W High
₹388
52W Low
₹150.86
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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44 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 35.8% CAGR over last 5 years
Weaknesses
4- Stock is trading at 10.4 times its book value
- Company has a low return on equity of 12.2% over last 3 years.
- Company has high debtors of 178 days.
- Promoter holding has decreased over last 3 years: -6.26%
Growth Rate
Revenue Growth
12.37% ↗
Net Income Growth
51.84% ↗
Cash Flow Change
853.26% ↗
ROE
-7.34% ↘
ROCE
-10.35% ↘
EBITDA Margin (Avg.)
-0.67% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 101 | 137 | 147 | 237 | 138 | 184 | 194 | 251 | 167 | 222 | 210 | 277 | 259 |
| Expenses | 91 | 127 | 135 | 217 | 125 | 163 | 182 | 228 | 150 | 196 | 190 | 246 | 231 |
| Operating Profit | 10 | 10 | 11 | 20 | 13 | 21 | 11 | 22 | 17 | 26 | 20 | 32 | 28 |
| OPM % | 10% | 7% | 8% | 9% | 10% | 12% | 6% | 9% | 10% | 12% | 10% | 11% | 11% |
| Other Income | 1 | 2 | 1 | 4 | 3 | 2 | 4 | 4 | 5 | 4 | 4 | 2 | 4 |
| Interest | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 8 | 4 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 5 |
| PBT | 6 | 7 | 7 | 17 | 10 | 16 | 8 | 18 | 15 | 22 | 16 | 22 | 24 |
| Tax % | 37% | 30% | 23% | 28% | 27% | 21% | 40% | 27% | 25% | 26% | 24% | 17% | 26% |
| Net Profit | 4 | 5 | 5 | 12 | 7 | 13 | 5 | 14 | 12 | 17 | 12 | 19 | 18 |
| EPS in Rs | 0.28 | 0.37 | 0.38 | 0.96 | 0.54 | 0.92 | 0.38 | 0.97 | 0.84 | 1.2 | 0.85 | 1.32 | 1.23 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 236 | 250 | 272 | 369 | 400 | 263 | 251 | 376 | 443 | 622 | 767 | 877 | 969 |
| Expenses | 216 | 229 | 246 | 337 | 378 | 240 | 224 | 344 | 404 | 570 | 698 | 782 | 863 |
| Operating Profit | 20 | 21 | 26 | 31 | 22 | 22 | 27 | 32 | 39 | 52 | 69 | 94 | 106 |
| OPM % | 8% | 8% | 9% | 9% | 6% | 9% | 11% | 9% | 9% | 8% | 9% | 11% | 11% |
| Other Income | 3 | 2 | 2 | 3 | 4 | 6 | 8 | 4 | 5 | 7 | 13 | 15 | 14 |
| Interest | 5 | 3 | 5 | 7 | 8 | 11 | 9 | 7 | 10 | 12 | 14 | 19 | 20 |
| Depreciation | 6 | 5 | 5 | 5 | 5 | 10 | 9 | 9 | 8 | 10 | 16 | 15 | 16 |
| PBT | 12 | 14 | 18 | 23 | 13 | 8 | 17 | 19 | 25 | 36 | 52 | 76 | 84 |
| Tax % | 29% | 34% | 38% | 28% | 29% | 24% | 20% | 32% | 33% | 29% | 27% | 23% | — |
| Net Profit | 9 | 9 | 11 | 16 | 9 | 6 | 14 | 13 | 17 | 26 | 38 | 59 | 65 |
| EPS in Rs | 0.92 | 1.07 | 1.19 | 1.75 | 0.75 | 0.46 | 1.05 | 1.06 | 1.35 | 1.95 | 2.79 | 4.17 | 4.6 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 19% | 0% | 0% | 10% | 11% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 18 | 25 | 25 | 25 | 25 | 25 | 27 | 28 | 28 |
| Reserves | 36 | 46 | 58 | 78 | 130 | 126 | 138 | 150 | 183 | 224 | 376 | 465 |
| Borrowings | 24 | 32 | 40 | 46 | 57 | 56 | 58 | 37 | 66 | 97 | 55 | 89 |
| Other Liabilities | 66 | 54 | 112 | 212 | 162 | 176 | 162 | 162 | 192 | 268 | 266 | 309 |
| Total Liabilities | 143 | 149 | 227 | 354 | 373 | 383 | 383 | 373 | 466 | 616 | 725 | 890 |
| Fixed Assets | 40 | 43 | 56 | 39 | 43 | 53 | 48 | 49 | 66 | 75 | 75 | 99 |
| CWIP | 0 | 0 | 0 | 14 | 14 | 0 | 0 | 2 | 0 | 6 | 16 | 14 |
| Investments | 0 | 0 | 0 | 3 | 3 | 5 | 3 | 3 | 3 | 6 | 6 | 3 |
| Other Assets | 104 | 106 | 171 | 297 | 313 | 325 | 331 | 319 | 396 | 529 | 627 | 775 |
| Total Assets | 143 | 149 | 227 | 354 | 373 | 383 | 383 | 373 | 466 | 616 | 725 | 890 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 13 | 31 | -53 | 23 | 2 | 47 | -2 | -7 | 55 | -16 |
| Investing | — | — | -16 | -23 | 1 | -1 | 1 | -19 | -28 | -21 | -95 | -17 |
| Financing | — | — | 2 | 3 | 44 | -19 | -7 | -31 | 31 | 32 | 52 | 37 |
| Net Cash Flow | — | — | -1 | 11 | -9 | 3 | -3 | -3 | 1 | 4 | 12 | 4 |
| Free Cash Flow | — | — | -5 | 24 | -61 | 23 | -2 | 37 | -24 | -32 | 35 | -43 |
| CFO/OP | — | — | 74 | 118 | -205 | 111 | 18 | 167 | 13 | 4 | 106 | 6 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 104 | 148 | 182 | 174 | 235 | 252 | 167 | 186 | 186 | 157 | 178 |
| Inventory Days | 47 | 29 | 73 | 61 | 64 | 146 | 166 | 102 | 71 | 72 | 52 | 50 |
| Days Payable | 94 | 78 | 168 | 209 | 154 | 292 | 267 | 159 | 161 | 167 | 129 | 135 |
| Cash Conversion Cycle | 43 | 55 | 52 | 33 | 84 | 90 | 152 | 110 | 96 | 91 | 80 | 93 |
| Working Capital Days | 49 | 67 | 76 | 16 | 87 | 121 | 157 | 108 | 95 | 79 | 129 | 104 |
| ROCE % | 23% | 20% | 21% | 22% | 12% | 9% | 12% | 12% | 14% | 15% | 16% | 18% |
Documents
1
Price movement
10 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … 10 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
Frequently Asked Questions about Marine Electricals (India) Ltd
What does Marine Electricals (India) Ltd do?
Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. [1]
Where is Marine Electricals (India) Ltd (MARINE) listed?
Marine Electricals (India) Ltd is listed on the Indian stock exchanges. It is listed on NSE: MARINE. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Marine Electricals (India) Ltd belong to?
Marine Electricals (India) Ltd operates in the Capital Goods sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Marine Electricals (India) Ltd?
Marine Electricals (India) Ltd has a market capitalisation of approximately ₹5245.12 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Marine Electricals (India) Ltd?
The Price-to-Earnings (PE) ratio of Marine Electricals (India) Ltd is 81.91. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Marine Electricals (India) Ltd?
Over the past 52 weeks, Marine Electricals (India) Ltd has traded between a low of ₹150.86 and a high of ₹388. This range helps investors understand the stock's price volatility and recent trading levels.
Does Marine Electricals (India) Ltd pay dividends?
Yes, Marine Electricals (India) Ltd has a dividend yield of 0.08%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Marine Electricals (India) Ltd?
Marine Electricals (India) Ltd has a Return on Equity (ROE) of 9.34%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Marine Electricals (India) Ltd on Tapetide?
On Tapetide, you can view Marine Electricals (India) Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. [1]