Marine Electric.

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE01JE01028
  • NSEID: MARINE
  • BSEID:
INR
189.20
-1.61 (-0.84%)
BSENSE

Feb 24

BSE+NSE Vol: 253213

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.53 lacs (-7.98%) Volume

Shareholding (Dec 2025)

FII

0.65%

Held by 8 FIIs

DII

0.12%

Held by 0 DIIs

Promoter

68.54%

What does Marine Electric. do?

06-Jun-2025

Marine Electricals (India) Ltd manufactures switch gears, primarily for the industrial sector, and is classified as a small-cap company with a market cap of Rs 3,264 Cr. Established in 1978, it reported net sales of 251 Cr and a net profit of 13 Cr for March 2025.

Overview: Marine Electricals (India) Ltd is engaged in the manufacturing of switch gears and operates within the industrial manufacturing sector, classified as a small-cap company.<BR><BR>History: The company was originally established as a proprietary concern in 1978 and was focused on manufacturing switch gears for the Indian Navy. Following the death of its founder, Mr. Krishnappa Uchil, in 2004, the business transitioned to a partnership firm and was later incorporated as a private limited company on December 4, 2007. The latest quarterly results report net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 251 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 13 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 3,264 Cr (Small Cap)<BR><BR>Key Metrics: <BR>- P/E: 78.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.09%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 9.52%<BR>- Price to Book: 7.45<BR><BR>Contact Details: <BR>- Address: B/1, Udyog Sadan No.3, Midc, Andheri (E), Mumbai Maharashtra : 400093<BR>- Phone: +91 22 28349132<BR>- Email: info@marineelectricals.com<BR>- Website: www.marineelectricals.com

View full answer

Who are in the management team of Marine Electric.?

06-Jun-2025

As of March 2019, the management team of Marine Electric includes Venkatesh K Uchil (Managing Director), Vinay K Uchil (Chairman), and several non-executive and independent directors, along with company secretaries. The team consists of a mix of executive and non-executive roles.

As of March 2019, the management team of Marine Electric includes the following individuals:<BR><BR>1. Venkatesh K Uchil - Managing Director<BR>2. Vinay K Uchil - Chairman & Wholetime Director<BR>3. Tanuja Pudhierkar - Non Executive Director<BR>4. Madan Pendse - Non Executive Director<BR>5. Nikunj Kishore Mishra - Non Executive Director<BR>6. Shailendra Kumar Shukla - Non Executive Director<BR>7. Reesha Ratanpal - Company Secretary<BR>8. Vikas Jaywant - Independent Director<BR>9. Mohan Rao - Independent Director<BR>10. Mitali Ambre - Company Secretary<BR>11. Archana Rajagopalan - Independent Director<BR><BR>This team comprises a mix of executive and non-executive directors, along with company secretaries.

View full answer

When is the next results date for Marine Electric.?

06-Jun-2025

No Upcoming Board Meetings

Has Marine Electric. declared dividend?

06-Jun-2025

Marine Electricals (India) Ltd has declared a 10% dividend, amounting to ₹0.2 per share, with an ex-date of September 20, 2024. While the stock has seen a -13.67% return in the last 6 months, it has experienced significant growth over the past 1 to 5 years, with total returns ranging from 118.83% to 1218.86%.

Marine Electricals (India) Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.2<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.09%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -13.67%, the dividend return was 0%, resulting in a total return of -13.67%.<BR><BR>Over the past year, the price return was 118.66%, the dividend return was 0.17%, leading to a total return of 118.83%.<BR><BR>In the 2-year period, the price return was 360.77%, the dividend return was 0.39%, culminating in a total return of 361.16%.<BR><BR>For the 3-year span, the price return was 748.58%, the dividend return was 0.76%, resulting in a total return of 749.34%.<BR><BR>In the last 4 years, the price return was 215.41%, the dividend return was 0.60%, leading to a total return of 216.01%.<BR><BR>Finally, over the past 5 years, the price return was 1216.68%, the dividend return was 2.18%, culminating in a total return of 1218.86%.<BR><BR>Overall, Marine Electricals has declared a dividend, and while the recent performance shows a negative return over the last 6 months, the long-term returns over 1 to 5 years indicate significant growth, particularly in price returns.

View full answer

Who are the peers of the Marine Electric.?

16-Jul-2025

Marine Electric's peers include Centum Electron, Pennar Industrie, Windsor Machines, Honda India, HLE Glascoat, Thejo Engg., Indian Hume Pipe, HMT, and John Cockerill. While Marine Electric shows good growth, it has the lowest 1-year return at -20.75% compared to its peers, with Windsor Machines leading at 118.68%.

Peers: The peers of Marine Electric are Centum Electron, Pennar Industrie, Windsor Machines, Honda India, HLE Glascoat, Thejo Engg., Indian Hume Pipe, HMT, and John Cockerill.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honda India and Thejo Engg., while Good management risk is found at HLE Glascoat, Marine Electric, and the rest. Average management risk is seen at Centum Electron, Pennar Industrie, and John Cockerill, while Below Average management risk is present at Windsor Machines, Indian Hume Pipe, and the rest. Growth is Good at Marine Electric, while Below Average growth is noted at Centum Electron, Pennar Industrie, Windsor Machines, Honda India, HLE Glascoat, Indian Hume Pipe, and John Cockerill, with Thejo Engg. and the rest showing Below Average growth. Capital Structure is Excellent at Honda India and Thejo Engg., Good at Windsor Machines, Marine Electric, and John Cockerill, while Average is seen at HLE Glascoat, and Below Average at Centum Electron, Pennar Industrie, Indian Hume Pipe, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Windsor Machines at 118.68%, while the lowest is Marine Electric at -20.75%. Marine Electric's 1-year return is significantly lower than that of its peers. Additionally, HMT has a negative six-month return.

View full answer

Who are the top shareholders of the Marine Electric.?

17-Jul-2025

The top shareholder of Marine Electric is Kdu Enterprises Private Limited, owning 47.42% of the company. Individual investors hold 26.94%, while 12 foreign institutional investors collectively own 0.15%.

The top shareholders of Marine Electric include Kdu Enterprises Private Limited, which holds the largest stake at 47.42%. The company has no pledged promoter holdings and is not held by any mutual fund schemes. Additionally, 12 foreign institutional investors (FIIs) hold a combined 0.15% of the shares. Individual investors collectively own 26.94% of the company. There are no notable public shareholders listed.

View full answer

How big is Marine Electric.?

24-Jul-2025

As of 24th July, Marine Electricals (India) Ltd has a market capitalization of 2,701.00 Cr, with net sales of 767.10 Cr and a net profit of 38.42 Cr reported in the latest four quarters. The company has shareholder's funds of 250.69 Cr and total assets of 614.47 Cr for the annual period ending March 2024.

As of 24th July, Marine Electricals (India) Ltd has a market capitalization of 2,701.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 767.10 Cr and a net profit of 38.42 Cr.<BR><BR>For the latest annual period ending March 2024, Marine Electricals had shareholder's funds amounting to 250.69 Cr and total assets of 614.47 Cr.

View full answer

How has been the historical performance of Marine Electric.?

03-Nov-2025

Marine Electric has shown consistent growth, with net sales increasing from INR 251.29 crore in March 2021 to INR 767.10 crore in March 2025, alongside significant improvements in profitability and total assets. The company achieved positive cash flow from operating activities in March 2025, reflecting enhanced operational efficiency.

Answer:<BR>The historical performance of Marine Electric shows a consistent growth trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Marine Electric's net sales have increased significantly from INR 251.29 crore in March 2021 to INR 767.10 crore in March 2025, reflecting a strong upward trajectory. The total operating income followed a similar pattern, rising from INR 262.93 crore in March 2020 to INR 767.10 crore in March 2025. The company's operating profit, excluding other income, also improved, reaching INR 68.71 crore in March 2025, up from INR 22.32 crore in March 2020. Profit before tax has shown a notable increase, climbing from INR 7.71 crore in March 2020 to INR 52.38 crore in March 2025, while profit after tax rose from INR 5.89 crore to INR 38.08 crore in the same period. The company's total assets have grown from INR 381.95 crore in March 2020 to INR 719.52 crore in March 2025, indicating a robust expansion. Total liabilities also increased, from INR 381.95 crore to INR 719.52 crore, with total debt peaking at INR 95.48 crore in March 2024 before decreasing to INR 49.52 crore in March 2025. Cash flow from operating activities turned positive in March 2025 at INR 55 crore, compared to negative cash flows in previous years, showcasing improved operational efficiency. Overall, Marine Electric has demonstrated strong growth in sales, profits, and asset base over the analyzed period.

View full answer

Is Marine Electric. overvalued or undervalued?

24-Nov-2025

As of November 21, 2025, Marine Electric is considered overvalued with a valuation grade of expensive, reflected in its high PE ratio of 70.98, which exceeds that of peers like Rail Vikas and Craftsman Auto, despite a significant 625.53% return over the past three years.

As of 21 November 2025, the valuation grade for Marine Electric has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 70.98, an EV to EBITDA of 41.94, and a PEG ratio of 3.60, all of which indicate a high valuation relative to earnings and growth expectations.<BR><BR>In comparison to its peers, Marine Electric's PE ratio is significantly higher than Rail Vikas, which stands at 57.67, and even higher than Craftsman Auto, which is at 60.96. This suggests that Marine Electric is priced at a premium compared to its industry counterparts. Additionally, while the stock has shown a notable return of 625.53% over the past three years, it has underperformed the Sensex year-to-date and over the past year, reinforcing the view that the current valuation may not be justified.

View full answer

Is Marine Electric. technically bullish or bearish?

02-Dec-2025

As of December 1, 2025, the technical trend is mildly bullish due to daily moving averages and weekly MACD showing bullish momentum, but mixed signals from monthly indicators suggest caution.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the monthly indicators, including MACD and KST, are mildly bearish, which tempers the overall bullish outlook. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential. Overall, while there are bullish indicators present, the mixed signals from the monthly data indicate caution.

View full answer

Are Marine Electricals (India) Ltd latest results good or bad?

12-Feb-2026

Marine Electricals (India) Ltd's latest results show strong year-on-year net profit growth of 126.97% and an 8.48% revenue increase, but sequential declines in both revenue and net profit, along with reduced operating margins, raise concerns about future profitability and operational efficiency.

Marine Electricals (India) Ltd's latest results indicate a mixed performance. On one hand, the company achieved a significant year-on-year net profit growth of 126.97%, reaching ₹11.78 crores, and an 8.48% increase in revenue to ₹210.23 crores compared to the same quarter last year. However, these positive figures are overshadowed by a sequential decline in both revenue and net profit, which fell by 5.41% and 28.56% respectively from the previous quarter.<BR><BR>Moreover, the operating margins have contracted sharply to 9.58%, down from 11.65% in the prior quarter, indicating rising operational challenges such as pricing pressures or cost inflation. The overall picture suggests that while the company is growing year-on-year, it faces significant headwinds that could impact its future performance. The volatility in revenue and margins raises concerns about the sustainability of its earnings quality.<BR><BR>In summary, while there are positive year-on-year growth metrics, the sequential declines and margin pressures suggest caution regarding the company's operational efficiency and future profitability.

View full answer

Should I buy, sell or hold Marine Electricals (India) Ltd?

13-Feb-2026

Why is Marine Electricals (India) Ltd falling/rising?

24-Feb-2026

As of 23-Feb, Marine Electricals (India) Ltd's stock price is 190.81, down 0.37%, and has underperformed its sector. Despite recent gains, the stock shows weakness due to being below key moving averages and low mutual fund ownership, indicating valuation concerns amidst cautious market sentiment.

As of 23-Feb, Marine Electricals (India) Ltd's stock price is currently at 190.81, reflecting a change of -0.71 (-0.37%). The stock has underperformed its sector today by 0.31%. Despite a recent positive trend with a 1-week increase of 2.08% and a 1-month rise of 11.92%, the stock is facing downward pressure due to its current price being lower than the 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum.<BR><BR>Investor participation has seen a rise, with delivery volume increasing by 18.86% against the 5-day average, suggesting some interest in the stock. However, the overall market sentiment appears cautious, as indicated by the low domestic mutual fund ownership at 0%, which may reflect a lack of confidence in the stock's valuation or business prospects.<BR><BR>Financially, while the company has shown strong growth in net sales and has declared positive results for the last four consecutive quarters, its return on equity (ROE) of 10.9% and a price-to-book value of 6.1 suggest that the stock may be considered expensive relative to its earnings growth, with a PEG ratio of 1.2. This valuation concern, combined with the stock's performance relative to the benchmark Sensex, which has risen by 0.12% over the past week, contributes to the current decline in the stock price.

View full answer

Why is Marine Electricals (India) Ltd falling/rising?

25-Feb-2026

As of 24-Feb, Marine Electricals (India) Ltd's stock price is declining at 189.20, down 0.84%, due to bearish trends indicated by lower trading against key moving averages and reduced investor participation. Despite strong fundamentals, high valuation and lack of mutual fund investment suggest challenges affecting investor confidence.

As of 24-Feb, Marine Electricals (India) Ltd is experiencing a decline in its stock price, currently at 189.20, which reflects a change of -1.61 (-0.84%). This drop can be attributed to several factors. Although the stock has outperformed its sector by 1.14% today, it is trading lower than several key moving averages, including the 5-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in the short to medium term.<BR><BR>Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 39.59% compared to the 5-day average, suggesting reduced interest from investors. Despite the company's strong fundamentals, such as a low Debt to EBITDA ratio of 0.65 times and a healthy annual growth rate in net sales of 30.38%, the stock's valuation appears expensive with a Price to Book Value of 6.1. This high valuation, combined with a relatively low return on equity (ROE) of 10.9, may deter potential investors.<BR><BR>Furthermore, the lack of investment from domestic mutual funds, which hold 0% of the company, could indicate a lack of confidence in the stock's current price or business prospects. While the company has shown positive financial results over the last four quarters, the stock's performance relative to its peers and the broader market suggests that it may be facing challenges that are contributing to its current decline.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With ROE of 10.9, it has a Expensive valuation with a 6.1 Price to Book Value

  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of -100.00%, its profits have risen by 41.2% ; the PEG ratio of the company is 1.2
2

Despite the size of the company, domestic mutual funds hold only 0% of the company

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Industrial Manufacturing

stock-summary
Market cap

INR 2,600 Cr (Small Cap)

stock-summary
P/E

49.00

stock-summary
Industry P/E

31

stock-summary
Dividend Yield

0.16%

stock-summary
Debt Equity

-0.22

stock-summary
Return on Equity

10.86%

stock-summary
Price to Book

6.14

Revenue and Profits:
Net Sales:
210 Cr
(Quarterly Results - Dec 2025)
Net Profit:
12 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.16%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-17.0%
0%
-17.0%
6 Months
10.18%
0.18%
10.36%
1 Year
11.12%
0.21%
11.33%
2 Years
68.18%
0.48%
68.66%
3 Years
401.86%
1.25%
403.11%
4 Years
523.39%
1.62%
525.01%
5 Years
234.28%
1.06%
235.34%

Latest dividend: 0.3 per share ex-dividend date: Sep-12-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Marine Electricals (India) Limited - Outcome of Board Meeting

14-Nov-2019 | Source : NSE

Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on November 14, 2019.

Marine Electricals (India) Limited - Updates

05-Nov-2019 | Source : NSE

Marine Electricals (India) Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.'.

Marine Electricals (India) Limited - Resignation

22-Oct-2019 | Source : NSE

Marine Electricals (India) Limited has informed the Exchange regarding Resignation of Mr Rohit Shetty as Chief Financial Officer of the company w.e.f. October 19, 2019.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Marine Electricals (India) Ltd has declared 15% dividend, ex-date: 12 Sep 25

stock-summary
SPLITS

Marine Electricals (India) Ltd has announced 2:10 stock split, ex-date: 18 Feb 21

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
30.38%
EBIT Growth (5y)
36.84%
EBIT to Interest (avg)
3.53
Debt to EBITDA (avg)
1.42
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
1.61
Tax Ratio
25.41%
Dividend Payout Ratio
10.77%
Pledged Shares
0
Institutional Holding
0.77%
ROCE (avg)
12.36%
ROE (avg)
9.17%

Valuation key factors

Factor
Value
P/E Ratio
49
Industry P/E
15
Price to Book Value
6.10
EV to EBIT
36.04
EV to EBITDA
29.59
EV to Capital Employed
7.53
EV to Sales
2.97
PEG Ratio
1.20
Dividend Yield
0.16%
ROCE (Latest)
18.22%
ROE (Latest)
10.86%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 8 FIIs (0.65%)

Promoter with highest holding

Kdu Enterprises Private Limited (47.55%)

Highest Public shareholder

None

Individual Investors Holdings

26.1%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -5.41% vs 33.10% in Sep 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -28.56% vs 42.03% in Sep 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "210.23",
          "val2": "222.25",
          "chgp": "-5.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.14",
          "val2": "25.89",
          "chgp": "-22.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.46",
          "val2": "3.86",
          "chgp": "15.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "11.78",
          "val2": "16.49",
          "chgp": "-28.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.58%",
          "val2": "11.65%",
          "chgp": "-2.07%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 20.67% vs 35.31% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 41.56% vs 140.31% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "389.22",
          "val2": "322.56",
          "chgp": "20.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "42.80",
          "val2": "34.78",
          "chgp": "23.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.02",
          "val2": "6.97",
          "chgp": "0.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "28.10",
          "val2": "19.85",
          "chgp": "41.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.00%",
          "val2": "10.78%",
          "chgp": "0.22%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 16.09% vs 34.11% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 59.27% vs 89.12% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "599.45",
          "val2": "516.36",
          "chgp": "16.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "62.94",
          "val2": "46.27",
          "chgp": "36.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.48",
          "val2": "10.73",
          "chgp": "6.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "39.88",
          "val2": "25.04",
          "chgp": "59.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.50%",
          "val2": "8.96%",
          "chgp": "1.54%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 23.30% vs 40.48% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 48.38% vs 52.35% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "767.10",
          "val2": "622.12",
          "chgp": "23.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "68.71",
          "val2": "51.78",
          "chgp": "32.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "14.08",
          "val2": "12.38",
          "chgp": "13.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "38.43",
          "val2": "25.90",
          "chgp": "48.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.96%",
          "val2": "8.32%",
          "chgp": "0.64%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
210.23
222.25
-5.41%
Operating Profit (PBDIT) excl Other Income
20.14
25.89
-22.21%
Interest
4.46
3.86
15.54%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11.78
16.49
-28.56%
Operating Profit Margin (Excl OI)
9.58%
11.65%
-2.07%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is -5.41% vs 33.10% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is -28.56% vs 42.03% in Sep 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
389.22
322.56
20.67%
Operating Profit (PBDIT) excl Other Income
42.80
34.78
23.06%
Interest
7.02
6.97
0.72%
Exceptional Items
0.00
0.00
Consolidate Net Profit
28.10
19.85
41.56%
Operating Profit Margin (Excl OI)
11.00%
10.78%
0.22%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 20.67% vs 35.31% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 41.56% vs 140.31% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
599.45
516.36
16.09%
Operating Profit (PBDIT) excl Other Income
62.94
46.27
36.03%
Interest
11.48
10.73
6.99%
Exceptional Items
0.00
0.00
Consolidate Net Profit
39.88
25.04
59.27%
Operating Profit Margin (Excl OI)
10.50%
8.96%
1.54%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 16.09% vs 34.11% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 59.27% vs 89.12% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
767.10
622.12
23.30%
Operating Profit (PBDIT) excl Other Income
68.71
51.78
32.70%
Interest
14.08
12.38
13.73%
Exceptional Items
0.00
0.00
Consolidate Net Profit
38.43
25.90
48.38%
Operating Profit Margin (Excl OI)
8.96%
8.32%
0.64%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 23.30% vs 40.48% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 48.38% vs 52.35% in Mar 2024

stock-summaryCompany CV
About Marine Electricals (India) Ltd stock-summary
stock-summary
Marine Electricals (India) Ltd
Small Cap
Industrial Manufacturing
Late Mr. Krishnappa Uchil had started a business via a Proprietary concern in the year 1978, which was engaged in the manufacturing of Switch Gears for the Indian Navy. After he expired in the year 2004, the running business of Proprietary firm has been taken over by his family members via M/s Marine Electricals (a Partnership Firm). Later, the said Partnership Firm was converted to a Private Company as "Marine Electricals (India) Private Limited" on December 04, 2007.
Company Coordinates stock-summary
Company Details
B/1, Udyog Sadan No.3,, Midc, Andheri (E),, None, Mumbai Maharashtra : 400093
stock-summary
Tel: +91 22 28349132
stock-summary
info@marineelectricals.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai