Marsons

Why is Marsons Ltd falling/rising?

As of 04-Aug, Marsons Ltd's stock price is at 108.25, reflecting a significant decline of 43.78% over the past year. The stock is underperforming against the Sensex and its sector, indicating bearish trends and low investor confidence.

As of 04-Aug, Marsons Ltd's stock price is falling, currently at 108.25, which reflects a decrease of 2.25 or 2.04%. The stock has underperformed significantly compared to the benchmark Sensex, with a decline of 1.32% over the past week, 4.50% over the past month, and a staggering 27.32% year-to-date. Over the last year, the stock has plummeted by 43.78%, while the Sensex has only decreased by 3.20%.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being only 3.06% away from Rs 104.7. Additionally, it has underperformed its sector by 3.5% today and has seen a downward trend after two consecutive days of gains. The stock reached an intraday low of Rs 107.45, marking a decline of 2.76%. <BR><BR>Marsons Ltd is also trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, there has been a decline in investor participation, with delivery volume falling by 3.85% compared to the five-day average. <BR><BR>Despite some positive factors, such as healthy long-term growth in net sales and operating profit, the company's poor management efficiency, indicated by a low return on equity (ROE) of 8.84%, and a high debt-to-EBITDA ratio of 0.02 times contribute to the negative sentiment surrounding the stock. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's valuation. Overall, these factors collectively explain the current decline in Marsons Ltd's stock price.

Which are the latest news on Marsons?

Should I buy, sell or hold Marsons Ltd?

What does Marsons do?

Marsons Ltd manufactures, trades, and services transformers, categorized as a Small Cap company in the Other Electrical Equipment industry. As of March 2026, it reported net sales of 93 Cr and a net profit of 23 Cr, with a market cap of INR 2,134 Cr.

Overview: <BR>Marsons Ltd is engaged in the manufacturing, trading, and servicing of transformers and transformer goods, operating within the Other Electrical Equipment industry and categorized as a Small Cap company.<BR><BR>History: <BR>Marsons Ltd was originally incorporated as 'Marsons Electricals Limited' in August 1976 and changed its name to 'Marsons Limited' on 25 August 2009. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 93 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 23 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 2,134 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 45.00 <BR>Industry P/E: 58 <BR>Dividend Yield: 0.04% <BR>Debt-Equity: -0.05 <BR>Return on Equity: 21.30% <BR>Price to Book: 9.79 <BR><BR>Contact Details: <BR>Address: Marsons House Maheshtala, Budge Budge Trunk Road Kolkata West Bengal : 700072 <BR>Tel: 91-33-22127189 <BR>Email: info@marsonsonline.com <BR>Website: http://www.marsonsonline.com

How big is Marsons?

As of 10th June, Marsons Ltd has a market capitalization of 2,134.00 Cr, with recent net sales of 245.42 Cr and a net profit of 46.33 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Marsons Ltd has a market capitalization of 2,134.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 245.42 Cr, while the sum of Net Profit for the same period is 46.33 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 122.51 Cr and Total Assets valued at 152.44 Cr.

Who are in the management team of Marsons?

The management team of Marsons includes Subhash Kumar Agarwala (Non Executive Director), Binay Kumar Agarwal (Whole-time Director), Sutama Chowdhury, Surojit Ghosh, Rohit Shaw, and Mohammad Tinku (all Independent Directors), along with Uttara Sharma (Company Secretary & Compliance Officer).

The management team of Marsons includes the following individuals:<BR><BR>1. **Subhash Kumar Agarwala** - Non Executive Director<BR>2. **Binay Kumar Agarwal** - Whole-time Director<BR>3. **Sutama Chowdhury** - Independent Director<BR>4. **Surojit Ghosh** - Non Executive Director<BR>5. **Uttara Sharma** - Company Secretary & Compliance Officer<BR>6. **Rohit Shaw** - Independent Director<BR>7. **Mohammad Tinku** - Independent Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Marsons?

Marsons' peers include Spectrum Electric, HPL Electric, Rishabh Instruments, Yash Highvoltage, RIR Power Electric, Danish Power, Servotech Renew, Alpex Solar, and Solex Energy. In terms of management risk, growth, capital structure, and returns, Yash Highvoltage leads with a 1-year return of 115.60%, while Marsons has a return of -37.77%.

Peers: The peers of Marsons are Spectrum Electr., HPL Electric, Rishabh Instrum., Yash Highvoltage, RIR Power Electr, Danish Power, Servotech Renew, Alpex Solar, and Solex Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Yash Highvoltage and Danish Power, while Average management risk is found at Spectrum Electr., HPL Electric, RIR Power Electr, Servotech Renew, Alpex Solar, and Solex Energy, and the rest. Below Average management risk is noted for Marsons and Rishabh Instrum. In terms of Growth, Excellent growth is seen at Marsons, Yash Highvoltage, Danish Power, Servotech Renew, Alpex Solar, and Solex Energy, while Good growth is attributed to Spectrum Electr., Average growth is found at HPL Electric, and Below Average growth is noted for Rishabh Instrum. and RIR Power Electr. Regarding Capital Structure, Excellent capital structure is observed at Rishabh Instrum., Yash Highvoltage, Danish Power, and Alpex Solar, while Good capital structure is noted for RIR Power Electr. and Servotech Renew, Average capital structure is found at Spectrum Electr. and Solex Energy, and Below Average capital structure is attributed to HPL Electric and Marsons.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Yash Highvoltage at 115.60%, while HPL Electric has the lowest at -38.90%, with Marsons' own 1-year return at -37.77%, indicating it is slightly better than HPL Electric. Additionally, RIR Power Electr. and HPL Electric are among the peers whose six-month return is negative.

Are Marsons Ltd latest results good or bad?

Marsons Ltd's latest Q4 FY26 results are strong, with a net profit increase of 249.07% quarter-on-quarter and revenue doubling to ₹92.65 crore. However, potential investors should be cautious of revenue sustainability and stock volatility despite the impressive performance.

Marsons Ltd's latest results for Q4 FY26 are quite impressive, indicating a strong turnaround for the company. The net profit reached ₹22.62 crore, which is a remarkable increase of 249.07% quarter-on-quarter and 151.61% year-on-year. Revenue also saw significant growth, doubling from ₹45.94 crore in the previous quarter to ₹92.65 crore, marking a 101.68% increase quarter-on-quarter and a 66.04% increase year-on-year.<BR><BR>The operating margin improved to 20.57%, the highest in seven quarters, reflecting enhanced operational efficiency. Additionally, the return on equity (ROE) of 23.32% suggests strong capital efficiency.<BR><BR>However, while these results are positive, there are concerns regarding the sustainability of such growth, as the revenue surge may be attributed to large, irregular orders typical in the transformer manufacturing sector. The stock has experienced volatility, trading down 22.40% over the past year, despite a remarkable 2,337% increase over the last three years.<BR><BR>Overall, the latest results indicate a strong performance, but potential investors should consider the risks associated with revenue concentration and high valuations before making decisions.

How has been the historical performance of Marsons?

Marsons has shown a significant turnaround in financial performance, with net sales soaring from 6.46 Cr in March 2024 to 168.36 Cr in March 2025, alongside improved operating profit and a substantial increase in total assets. Despite negative cash flow from operations, the company has recovered from previous losses, indicating a positive trend.

Answer:<BR>The historical performance of Marsons shows significant fluctuations in key financial metrics over the years, particularly from March 2016 to March 2025.<BR><BR>Breakdown:<BR>Marsons experienced a dramatic increase in net sales from 6.46 Cr in March 2024 to 168.36 Cr in March 2025, following a previous low of 0.35 Cr in March 2019. Total operating income mirrored this trend, rising from 6.46 Cr in March 2024 to 168.36 Cr in March 2025. The company's total expenditure also increased significantly, from 5.29 Cr in March 2024 to 143.18 Cr in March 2025, primarily driven by raw material costs which surged from 2.97 Cr to 139.35 Cr in the same period. Operating profit, however, improved markedly, reaching 28.59 Cr in March 2025, compared to just 1.33 Cr in March 2024, indicating a recovery from previous losses. Profit before tax also showed a positive trend, increasing from 0.63 Cr in March 2024 to 28.02 Cr in March 2025, while profit after tax followed suit, rising to 28.02 Cr from 0.63 Cr. The company's total assets grew from 29.67 Cr in March 2024 to 152.44 Cr in March 2025, reflecting a substantial increase in shareholder's funds from 14.22 Cr to 122.51 Cr. Cash flow from operating activities remained negative at -35.00 Cr in March 2025, though the company reported a net cash inflow of 1.00 Cr, indicating some liquidity improvement. Overall, Marsons' financial performance has shown a significant turnaround in the latest fiscal year, recovering from previous years of losses and low sales.

When is the next results date for Marsons?

The next results date for Marsons is November 7, 2025.

The next results date for Marsons is scheduled for November 7, 2025.

Is Marsons technically bullish or bearish?

As of 13 October 2025, the technical trend has shifted to a moderate bearish stance, driven by bearish signals from the MACD, RSI, and moving averages, despite a mildly bullish indication from the Bollinger Bands on the monthly timeframe.

As of 13 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly time frame, a bearish RSI on the monthly time frame, and bearish signals from moving averages on the daily time frame. The Bollinger Bands indicate a mildly bullish stance on the monthly, but this is outweighed by the overall bearish sentiment in the weekly indicators. The KST also reflects a bearish trend on the weekly, further supporting the bearish outlook.

Who are the top shareholders of the Marsons?

The top shareholders of Marsons include Yashoda Inn Private Limited with 53.65%, Anupriya Consultants Pvt Ltd at 8.6%, and individual investors holding 20.03%. There are no mutual funds or foreign institutional investors involved, and promoters hold a majority stake with 10.83% pledged.

The top shareholders of Marsons include Yashoda Inn Private Limited, which holds the largest stake at 53.65%. Other significant shareholders are Anupriya Consultants Pvt Ltd, with an 8.6% share, and individual investors collectively holding 20.03%. Additionally, it's worth noting that there are no mutual funds or foreign institutional investors currently holding shares in the company. The promoters are the majority shareholders, with a pledged promoter holding of 10.8297%.

Is Marsons overvalued or undervalued?

As of June 1, 2023, Marsons is considered overvalued with a "very expensive" rating, reflected in its high PE Ratio of 122.62 and EV to EBITDA of 135.05, significantly exceeding industry averages and peer valuations.

As of 1 June 2023, Marsons has moved from a grade of "does not qualify" to "very expensive," indicating a significant shift in its valuation outlook. The company is currently deemed overvalued. Key ratios highlight this assessment, with a PE Ratio of 122.62, an EV to EBITDA of 135.05, and a Price to Book Value of 32.11, all of which are substantially higher than industry norms.<BR><BR>In comparison with peers, Marsons' valuation stands out unfavorably against ABB India Ltd., which has a PE Ratio of 67.88 and an EV to EBITDA of 52.83, and Bharat Heavy Electricals Ltd., with a PE Ratio of 166.73 and an EV to EBITDA of 72.83. These comparisons further emphasize Marsons' overvaluation. While the stock has shown impressive returns over the past year at 171.99%, this performance contrasts sharply with its current valuation metrics, reinforcing the conclusion that Marsons is overvalued in the market.

What is the bonus history of the Marsons?

Marsons Ltd issued a bonus on March 4, 2011, in the ratio of 1:4, meaning shareholders received one additional share for every four shares held, with a record date of March 7, 2011.

Marsons Ltd has a bonus history that includes a notable issue announced on March 4, 2011. The company issued a bonus in the ratio of 1:4, meaning that for every four shares held, shareholders received one additional share. The record date for this bonus was March 7, 2011, which indicates when shareholders needed to be on the company's books to be eligible for the bonus shares. If you have any more questions about Marsons or need further details, feel free to ask!

Has Marsons declared dividend?

Marsons Ltd has declared a 1% dividend, amounting to 0.10 per share, but the dividend yield is 0%. While the company has shown significant price returns over various periods, the lack of dividend contributions has resulted in no dividend returns recently.

Marsons Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.10<BR>- Ex-date: 06 Dec 12<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -20.65%, the dividend return was 0%, resulting in a total return of -20.65%.<BR><BR>Over the past year, the price return was 178.13%, with a dividend return of 0%, leading to a total return of 178.13%.<BR><BR>In the last 2 years, the price return was 2830.78%, the dividend return was 0%, and the total return was 2830.78%.<BR><BR>For the 3-year period, the price return was 1768.54%, with a dividend return of 0%, resulting in a total return of 1768.54%.<BR><BR>Over the past 4 years, the price return was 0%, the dividend return was 0%, and the total return was 0.0%.<BR><BR>In the last 5 years, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, while Marsons Ltd has declared a dividend, the dividend yield is 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant fluctuations, particularly in the longer-term periods, highlighting a strong price performance despite the lack of dividends in recent years.