Marine Electric.

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

As of 14-Jun, Marine Electricals (India) Ltd's stock price has risen to 244.05, reflecting a 4.83% increase due to strong financial health, impressive growth rates, and consistent performance metrics. Despite a recent decline in investor participation, the stock's upward trend is supported by solid fundamentals and positive market sentiment.

As of 14-Jun, Marine Electricals (India) Ltd is experiencing a rise in its stock price, currently at 244.05, reflecting an increase of 11.25 or 4.83%. This upward movement can be attributed to several positive factors highlighted in the data. <BR><BR>Firstly, the company has demonstrated strong financial health, evidenced by a low Debt to EBITDA ratio of 0.94 times, indicating a solid ability to service its debt. Additionally, Marine Electricals has shown impressive long-term growth, with net sales increasing at an annual rate of 28.40% and operating profit growing at 34.49%. <BR><BR>Moreover, the company has reported positive results for the last five consecutive quarters, achieving the highest recorded figures in key performance metrics such as return on capital employed (ROCE) at 16.51%, net sales at Rs 277.48 crore, and PBDIT at Rs 31.53 crore. <BR><BR>The stock has also outperformed the benchmark BSE500 over the last three years, generating consistent returns, including a 4.76% increase over the past year. Furthermore, the stock is trading above its moving averages across various time frames, indicating a strong upward trend. <BR><BR>Despite a recent decline in investor participation, with delivery volume falling by 36.73% against the five-day average, the overall performance and growth indicators suggest that the stock's rise is supported by its robust fundamentals and positive market sentiment.

Which are the latest news on Marine Electric.?

What does Marine Electric. do?

Marine Electricals (India) Ltd manufactures switch gears and operates in the industrial manufacturing sector as a small-cap company. Established in 1978, it reported net sales of ₹277 Cr and a net profit of ₹18 Cr for the quarter ending March 2026.

Overview: <BR>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: <BR>The company was originally established in 1978 as a proprietary concern by Late Mr. Krishnappa Uchil, focusing on manufacturing switch gears for the Indian Navy. Following his passing in 2004, the business was taken over by his family and transitioned from a partnership firm to a private limited company on December 4, 2007. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 277 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 18 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 3,369 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 56.00 <BR>- Industry P/E: 35 <BR>- Dividend Yield: 0.12% <BR>- Debt Equity: -0.12 <BR>- Return on Equity: 12.04% <BR>- Price to Book: 6.93 <BR><BR>Contact Details: <BR>Address: B/1, Udyog Sadan No.3, Midc, Andheri (E), Mumbai, Maharashtra: 400093 <BR>Tel: +91 22 28349132 <BR>Email: info@marineelectricals.com <BR>Website: www.marineelectricals.com

How big is Marine Electric.?

As of 10th June, Marine Electricals (India) Ltd has a market capitalization of 3,369.00 Cr, with recent net sales of 876.94 Cr and a net profit of 58.36 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Marine Electricals (India) Ltd has a market capitalization of 3,369.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 876.94 Cr, while the sum of Net Profit for the same period is 58.36 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 403.73 Cr, and Total Assets amount to 719.52 Cr.

Who are in the management team of Marine Electric.?

The management team of Marine Electric includes Venkatesh K Uchil (Managing Director), Vinay K Uchil (Chairman & Wholetime Director), and several non-executive directors, along with company secretaries and independent directors, ensuring effective governance and management.

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 roles, contributing to the governance and management of the company.

Who are the peers of the Marine Electric.?

Marine Electric's peers include Hind Rectifiers, The Anup Enginee, Pitti Engg., Cyient DLM, Shanthi Gears, GMM Pfaudler, Standard Enginee, Windsor Machines, and Jash Engineering. Marine Electric has average management risk, good growth, and a good capital structure, with a 1-year return of 3.26%.

Peers: The peers of Marine Electric are Hind Rectifiers, The Anup Enginee, Pitti Engg., Cyient DLM, Shanthi Gears, GMM Pfaudler, Standard Enginee, Windsor Machines, and Jash Engineering.<BR><BR>Quality Snapshot: Excellent management risk is observed at The Anup Enginee, Pitti Engg., GMM Pfaudler, and Shanthi Gears, while Average management risk is found at Hind Rectifiers, Cyient DLM, Marine Electric, Standard Enginee, and Jash Engineering. Below Average management risk is noted at Windsor Machines. Growth is Excellent at Hind Rectifiers and Concord Control, while Good growth is seen at Marine Electric, GMM Pfaudler, and Shanthi Gears. Below Average growth is present at The Anup Enginee, Cyient DLM, and Windsor Machines, with Average growth at Pitti Engg. and Jash Engineering. Capital Structure is Excellent at The Anup Enginee, Shanthi Gears, and Jash Engineering, while Good capital structure is found at Marine Electric, GMM Pfaudler, and Cyient DLM. Below Average capital structure is noted at Hind Rectifiers and Average at Pitti Engg. and Standard Enginee.<BR><BR>Return Snapshot: Hind Rectifiers has the highest 1-year return at 73.42%, while The Anup Enginee has the lowest at -33.96%. Marine Electric's 1-year return is 3.26%, which is significantly higher than The Anup Enginee but much lower than Hind Rectifiers. Additionally, GMM Pfaudler and The Anup Enginee have negative six-month returns.

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

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

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.

Is Marine Electric. technically bullish or bearish?

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.

Is Marine Electric. overvalued or undervalued?

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.

How has been the historical performance of Marine Electric.?

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.

Who are the top shareholders of the Marine Electric.?

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.

When is the next results date for Marine Electric.?

No Upcoming Board Meetings

Has Marine Electric. declared dividend?

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.