MARINE · NSE
Marine Electricals (India) Limited
₹379.2
+1.62% (+₹6.05)
Prev. close
₹373.15
Volume
3,95,698
Delivery %
45.8%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Marine Electricals (India) Limited
Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. The company operates through Marine and Industry segments. It provides marine and defence solutions that offer power generation and distribution solutions, including main switch boards, automated power management systems, motor control centers/group starter panels/local starter panels, distribution boards, battery charger/transformer rectifier units, and navigation light control panels; internal communication systems comprising automatic telephone, self-powered telephone, public address-general alarm, sound reception, and talk-back systems; electrical and hybrid propulsion systems consisting of battery energy storage systems, air- and liquid-cooled drive systems, and motors and alternators; marine LED lights, such as automatic emergency lanterns, flush mounted lights/cabin, flood lights/hanger, pendant, explosion proof pendant, red pendant, weather deck, bilge, tube, bunk, and engine room lights; ancillary systems that include addressable flood alarm systems, wind speed and direction systems, all weather observation systems, data distribution units, and auto transfer switches; and marine motors that comprises brake, SPDP, FLP, winged, dual speed and three speed, salvage pump, and canned motors. Its defence solutions also offer integrated bridge and integrated platform management systems. In addition, the company's commercial solutions provide monitoring and control systems, and integrated navigation and communication systems. Further, it provides LV switchboards, MV switchboards, busducts and bustrunking systems, integrated powering solutions, and IBMS. Additionally, the company offers maritime domain awareness solutions, and mobility product and software solutions, as well as the Biz starter pack. Marine Electricals (India) Limited was founded in 1978 and is headquartered in Mumbai, India.
Details
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Mr. Vinay Krishna Uchil
Headquarters
Mumbai
Employees
711
Website
marineelectricals.comExchange
View on NSE ↗Key stats
Market cap
₹5,306.69 Cr
P/E ratio (TTM)
81.9
Dividend yield
0.08%
EPS (TTM)
₹4.63
Beta (1Y · daily vs NIFTY 50)
1.64
Beta (5Y · monthly vs NIFTY 50)
2.26
Shares float
4.57 Cr
EPS · quarter ended Jun 2026
₹1.23
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹251.29 Cr | ₹376.33 Cr | ₹441.97 Cr | ₹622.12 Cr | ₹767.10 Cr | ₹876.94 Cr | |
| EBITDA | ₹34.96 Cr | ₹36.09 Cr | ₹39.50 Cr | ₹55.09 Cr | ₹77.37 Cr | ₹99.88 Cr |
| ₹12.90 Cr | ₹12.98 Cr | ₹17.00 Cr | ₹25.90 Cr | ₹38.43 Cr | ₹58.37 Cr | |
| Diluted EPS | ₹1.14 | ₹1.06 | ₹1.36 | ₹2.02 | ₹2.81 | ₹4.22 |
Total expenses (as filed), Employee benefit expense, Other income have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹383.00 Cr | ₹373.00 Cr | ₹466.00 Cr | ₹616.00 Cr | ₹725.00 Cr | ₹890.00 Cr | |
| ₹58.30 Cr | ₹36.62 Cr | ₹65.70 Cr | ₹97.04 Cr | ₹55.19 Cr | ₹88.60 Cr | |
| Stockholders' equity | ₹163.00 Cr | ₹175.00 Cr | ₹208.00 Cr | ₹251.00 Cr | ₹404.00 Cr | ₹493.00 Cr |
CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹-1.23 Cr | ₹47.07 Cr | ₹-2.77 Cr | ₹-7.36 Cr | ₹55.44 Cr | ₹-16.06 Cr | |
| Investing cash flow | ₹1.39 Cr | ₹-18.72 Cr | ₹-27.71 Cr | ₹-20.97 Cr | ₹-95.26 Cr | ₹-17.17 Cr |
| ₹-3.53 Cr | ₹-31.17 Cr | ₹31.27 Cr | ₹31.94 Cr | ₹51.67 Cr | ₹37.13 Cr | |
| Capital expenditure | ₹-4.71 Cr | ₹-11.90 Cr | ₹-22.97 Cr | ₹-24.16 Cr | ₹-21.75 Cr | ₹-28.27 Cr |
| End cash position | ₹4.26 Cr | ₹1.44 Cr | ₹2.92 Cr | ₹6.53 Cr | ₹18.38 Cr | ₹22.27 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Dec 21(2Q) | Mar 22 | Jun 22 | Sep 22–Dec 22(2Q) | Feb 23 | Mar 23 | Mar 23–Jun 23(2Q) | Aug 23 | Sep 23 | Oct 23 | Nov 23–Dec 23(2Q) | Jan 24 | Feb 24 | Feb 24 | Mar 24 | Mar 24 | Jun 24 | Sep 24 | Sep 24 | Dec 24–Jun 25(3Q) | Sep 25 | Dec 25–Dec 25(2Q) | Feb 26–Jun 26(3Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 73.52% | 73.52% | 73.63% | 73.71% | 74.13% | 74.46% | 74.46% | 73.83% | 73.84% | 73.21% | 72.87% | 72.31% | 71.98% | 71.49% | 71.17% | 71.98% | 71.17% | 68.45% | 71.17% | 68.45% | 68.46% | 68.54% | 68.20% |
| Public | 26.49% | 26.48% | 26.37% | 26.29% | 25.87% | 25.53% | 25.54% | 26.16% | 26.16% | 26.79% | 27.13% | 27.69% | 28.02% | 28.51% | 28.83% | 28.02% | 28.83% | 31.55% | 28.83% | 31.55% | 31.54% | 31.46% | 31.80% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Marine Electricals (India) Limited | ₹5,222.03 Cr | ₹379.2 | 81.3 | 10.59 | 11.8% | 0.18 | +14.3% | +74.3% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.