Marine Electricals (India) Ltd (MARINE)
₹254.80
Mkt cap
₹3,761 Cr
P/E ratio
63.40
P/B
7.24
Div yield
0.11%
ROE
13.20%
ROCE
18.20%
EPS (TTM)
₹4.02
Book value
₹35
52W range
152–291
Sector
Industrials
Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. [1]
NSE MARINEwww.marineelectricals.com
Health check
Mixed
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsBullish
52-week range
−12.42% from high₹255
₹152+67.96% from low₹291
Current
₹254.80
Prev close
₹256.40
Day
−0.62%
Price performance
1D
−0.62%
1W
+0.08%
1M
−5.19%
3M
+13.39%
6M
+44.66%
1Y
+31.86%
YTD
+19.27%
Financials
FRevenue, profit & margin
P/E ratio
63.4×
MARINE is 93% above the sector median of 32.9×
MARINE63.4×
Sector median32.9×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 143 | 101 | 137 | 147 | 237 | 138 | 184 | 194 | 251 | 167 | 222 | 210 | 277 | |
| Expenses | 132 | 91 | 127 | 135 | 217 | 125 | 163 | 182 | 228 | 150 | 196 | 190 | 246 | |
| Operating Profit | 11 | 10 | 10 | 11 | 20 | 13 | 21 | 11 | 22 | 17 | 26 | 20 | 32 | |
| OPM % | 8% | 10% | 7% | 8% | 9% | 10% | 12% | 6% | 9% | 10% | 12% | 10% | 11% | |
| Other Income | 1 | 1 | 2 | 1 | 4 | 3 | 2 | 4 | 4 | 5 | 4 | 4 | 2 | |
| Interest | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 8 | |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | |
| Profit before tax | 7 | 6 | 7 | 7 | 17 | 10 | 16 | 8 | 18 | 15 | 22 | 16 | 22 | |
| Tax % | 43% | 37% | 30% | 23% | 28% | 27% | 21% | 40% | 27% | 25% | 26% | 24% | 17% | |
| Net Profit | 4 | 4 | 5 | 5 | 12 | 7 | 13 | 5 | 14 | 12 | 17 | 12 | 19 | |
| EPS in Rs | 0.33 | 0.28 | 0.37 | 0.38 | 0.96 | 0.54 | 0.92 | 0.38 | 0.97 | 0.84 | 1.20 | 0.85 | 1.32 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Mar 202668.20%Promoter
Promoters68.20%0.34
FIIs0.59%0.06
DIIs0.34%0.22
Public30.87%0.18
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Aditya Infotech | ₹3,558.50 | 113.97 | 41,937 | 0.00% | 169 | +207.73% | 1,422 | +45.49% | 29.61% |
| Honeywell Auto | ₹39,405.00 | 65.26 | 34,834 | 0.28% | 160 | +14.61% | 1,181 | +5.94% | 16.78% |
| Syrma SGS Tech. | ₹1,440.50 | 86.53 | 27,777 | 0.10% | 119 | +55.84% | 1,465 | +58.49% | 16.73% |
| Kaynes Tech | ₹3,264.70 | 59.84 | 21,885 | 0.00% | 91 | −21.47% | 1,243 | +26.22% | 13.24% |
| Jyoti CNC Auto. | ₹761.45 | 51.54 | 17,317 | 0.00% | 91 | −16.89% | 599 | +4.08% | 21.32% |
| LMW | ₹16,146.00 | 123.02 | 17,249 | 0.22% | 64 | +33.86% | 933 | +16.12% | 6.91% |
| Tega Inds. | ₹1,730.20 | 91.12 | 12,999 | 0.12% | 43 | −58.13% | 527 | −1.74% | 8.09% |
| Marine Electric. | ₹268.75 | 63.44 | 3,761 | 0.11% | 19 | +45.55% | 277 | +10.66% | 18.22% |
| Median: 123 Co. | ₹279.35 | 32.87 | 539 | 0.00% | 7 | +14.85% | 88 | +16.12% | 14.57% |
Filings
DAnnual reports5
Credit ratings6
Announcements5
Bagging/Receiving of orders/contracts 23 June 2026 - Marine Electricals received ₹75.19 crore ordersSTT Global Data Centres and Princeton Digital Group for power distribution systems.Bagging/Receiving of orders/contracts 16 June 2026 - Marine Electricals received Rs 76.38 crore ordersSTT Global Data Centres and Deepak Chem Tech.Bagging/Receiving of orders/contracts 10 June 2026 - Marine Electricals won orders worth Rs 44.22 crore from GRSE, Udupi Shipyard and Material Organisation.General Updates 9 June 2026 - MEL Shipyard completes 70% stake transfer; becomes Marine Electricals associate9 June 2026.Disclosure under SEBI Takeover Regulations 5 June 2026 - Promoters and PAC submitted Regulation 31(4) shareholding disclosure for FY ended 31 March 2026.