---
title: "Marinetrans India Ltd (MARINETRAN) — Share Price, Financials & Analysis"
symbol: "MARINETRAN"
company: "Marinetrans India Ltd"
canonical: "https://tapetide.com/stocks/MARINETRAN"
isin: "INE0P1P01017"
nse_symbol: "MARINETRAN"
sector: "Logistics & Cargo"
industry: "Logistics Solution Provider"
market_cap_cr: 20.49
generated_at: "2026-09-13T20:17:00.519Z"
---

# Marinetrans India Ltd (MARINETRAN)

Canonical page: https://tapetide.com/stocks/MARINETRAN

## Company

- **NSE Symbol:** MARINETRAN
- **ISIN:** INE0P1P01017
- **Sector:** Logistics & Cargo
- **Industry:** Logistics Solution Provider
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2023-12-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** marinetrans.in

## About

Incorporated in 2004, Marinetrans India Ltd is in the business of International Freight Forwarding
Non-Vessel Common Operating carrier (NVOCC), Sea Freight Booking in the Shipping Industry[1]

## Latest Price

- **Price:** ₹16.1
- **Change:** 0 (0%)
- **Open:** ₹16.1
- **Day High:** ₹16.1
- **Day Low:** ₹16.1
- **Previous Close:** ₹16.1
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:08.649982Z.

- **Market Cap:** ₹20.49 Cr
- **Classification:** SME
- **P/E (reported):** 34.3
- **Book Value:** ₹20.85
- **Price to Book:** 0.77
- **Dividend Yield:** 0%
- **ROE:** 1.28%
- **ROCE:** 5.97%
- **Debt to Equity:** 0.37
- **Revenue (yearly):** ₹106.5 Cr
- **Net Income:** ₹0.3 Cr
- **EBITDA:** ₹1.7 Cr
- **52-Week High:** ₹28.2
- **52-Week Low:** ₹13.3
- **RSI (14):** 14.67

## Key Insights

### Strengths

- Stock is trading at 0.77 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.86% over past five years.
- Company has a low return on equity of 2.30% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -740.66% | -601.83% | — |
| ebitda margin growth | -98.94% | -5.26% | 12.5% | 102.5% |
| net income growth | -99.22% | -80% | -27% | -6% |
| revenue growth | -95.32% | -29.19% | -5% | 6% |
| roce | — | -61.48% | -69.62% | 11.99% |
| roe | — | -86.57% | 7.86% | -23.35% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 42 | 64 | 79 | 79 | 57 | 70 |
| Expenses | 41 | 63 | 78 | 78 | 56 | 70 |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 1 |
| OPM % | 2.5 | 1.3 | 1.2 | 1.1 | 1.5 | 1 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax % | 0 | 74 | 42 | 33 | 40 | 40 |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS in Rs | 0.55 | 0.08 | 0.23 | 0.2 | 0.24 | 0.23 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 122 | 96 | 203 | 150 | 106 | 158 | 127 |
| Expenses | 121 | 94 | 200 | 148 | 104 | 156 | 126 |
| Operating Profit | 1 | 1 | 3 | 3 | 2 | 2 | 2 |
| OPM % | 0.7 | 1.3 | 1.4 | 1.7 | 1.7 | 1.2 | 1.3 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 3 | 2 | 1 | 1 | 1 |
| Tax % | 26 | 27 | 25 | 27 | 31 | 43 | 40 |
| Net Profit | 0 | 1 | 2 | 2 | 1 | 0 | 1 |
| EPS in Rs | 8.62 | 19.95 | 46.55 | 1.82 | 0.45 | 0.39 | 0.47 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.41 | 0.41 | 0.41 | 9 | 13 | 13 | 13 |
| Reserves | 11 | 12 | 14 | 7 | 13 | 13 | 14 |
| Borrowings | 3 | 2 | 3 | 6 | 7 | 8 | 10 |
| Other Liabilities | 10 | 7 | 6 | 4 | 13 | 7 | 7 |
| Total Liabilities | 25 | 22 | 23 | 26 | 45 | 41 | 43 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 24 | 22 | 23 | 26 | 45 | 41 | 43 |
| Total Assets | 25 | 22 | 23 | 26 | 45 | 41 | 43 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 2 | -1 | -1 | -8 | -1 | 0 |
| Cash from Investing Activity | 1 | 0 | 0 | 0 | -1 | 0 | -1 |
| Cash from Financing Activity | -1 | -1 | 0 | 2 | 9 | 0 | 1 |
| Net Cash Flow | -1 | 1 | -1 | 2 | 0 | -2 | 0 |
| Free Cash Flow | 0 | 2 | -1 | -1 | -8 | -1 | 0 |
| CFO/OP | -111 | -27 | 52 | -9 | -397 | 40 | -21 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 54 | 62 | 30 | 28 | 86 | 46 | 62 |
| Cash Conversion Cycle | 54 | 62 | 30 | 28 | 86 | 46 | 62 |
| Working Capital Days | 27 | 35 | 22 | 30 | 77 | 51 | 58 |
| ROCE % | — | 11 | 18 | 13 | 7 | 5 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 67% | 67% | 67% | 67% | 67% | 67% | 67.09% | 67.09% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 28.95% | 29.89% | 29.67% | 29.8% | 29.26% | 29.39% | 29.11% | 29.39% |
| Others | 4.05% | 3.11% | 3.33% | 3.21% | 3.74% | 3.61% | 3.8% | 3.52% |
| No. of Shareholders | 973 | 458 | 414 | 412 | 399 | 382 | 357 | 355 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 7 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 16.37 | Sell |
| EMA (10) | 16.4 | Sell |
| SMA (20) | 15.36 | Buy |
| EMA (20) | 16.09 | Buy |
| SMA (50) | 16.82 | Sell |
| EMA (50) | 16.6 | Sell |
| SMA (100) | 18.16 | Sell |
| EMA (100) | 17.35 | Sell |
| SMA (200) | 17.76 | Sell |
| EMA (200) | 19.02 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.77 | Neutral |
| MACD (12,26,9) | 0.16 | Buy |
| Stochastic (14,3,3) | 66.64 | Neutral |
| ADX (14) | 12.68 | Neutral |
| Williams %R (14) | -50.62 | Neutral |
| ATR (14) | 0.72 | High Volatility |
| ROC (12) | 13.78 | Buy |
| Stoch RSI (14) | 41.21 | Neutral |
| UO (7,14,28) | 61.91 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 December 2025 - 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 … | [Price movement 9 December 2025 - 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 …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=MARINETRAN&tabIndex=sme) |
| 9 April 2026 - SDD compliance certificate filed for quarter and FY ended 31 March 2026; no noncompliance observed. | [Structural Digital Database 9 April 2026 - SDD compliance certificate filed for quarter and FY ended 31 March 2026; no noncompliance observed.](https://nsearchives.nseindia.com/corporate/MARINE23_09042026155954_SDD_Signed_final_.pdf) |
| 9 April 2026 - Marinetrans says Regulation 27(2) corporate governance is not applicable for quarter ended March 31, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 9 April 2026 - Marinetrans says Regulation 27(2) corporate governance is not applicable for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/MARINE23_09042026183156_PDF_Sign.pdf) |
| 9 April 2026 - Annual Secretarial Compliance Report not applicable for FY ended 31 March 2026. | [Updates 9 April 2026 - Annual Secretarial Compliance Report not applicable for FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/MARINE23_09042026195045_24_A__Signpdf.pdf) |
| 7 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/MARINE23_07072026150753_intimation_74_5__merged__1_.pdf) |
| 5 Jun - Marinetrans India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 5 Jun - Marinetrans India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_bbodade_21052026162337_MARINETRAN.pdf) |
| 31 Aug - Marinetrans published AGM notice for 22nd AGM on 19 Sept 2026 via VC/OAVM; annual report sent. | [Copy of Newspaper Publication 31 Aug - Marinetrans published AGM notice for 22nd AGM on 19 Sept 2026 via VC/OAVM; annual report sent.](https://nsearchives.nseindia.com/corporate/MARINE23_31082026113554_Newspaper_Advertisement_MT__1_.pdf) |
| 28 Aug - Remote e-voting details announced for 22nd AGM on 19 September 2026. | [General Updates 28 Aug - Remote e-voting details announced for 22nd AGM on 19 September 2026.](https://nsearchives.nseindia.com/corporate/MARINE23_28082026172606_e_voting.pdf) |
| 27 March 2026 - Trading window closed from 01-Apr-2026 until 48 hours after audited results for year ended 31-Mar-2026. | [Trading Window 27 March 2026 - Trading window closed from 01-Apr-2026 until 48 hours after audited results for year ended 31-Mar-2026.](https://nsearchives.nseindia.com/corporate/MARINE23_27032026154706_Intimation_for_Closure_of_trading_window_MarineTrans.pdf) |
| 27 Aug - AGM on 19 Sep 2026 to approve preferential issue of 72.72 lakh shares and raise capital to ₹25 crore. | [Shareholders meeting 27 Aug - AGM on 19 Sep 2026 to approve preferential issue of 72.72 lakh shares and raise capital to ₹25 crore.](https://nsearchives.nseindia.com/corporate/MARINE23_27082026183641_Shareholdersmeeting_notice.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30739_MARINETRAN_2025_2026_A_28483958_27082026185245.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28799_MARINETRAN_2024_2025_A_2731910_06092025180447.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26217_MARINETRAN_2023_2024_09092024114847.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:17:00.519Z.