Marsons

What does Marsons do?

Marsons Ltd manufactures, trades, and services transformers and related goods, classified as a Small Cap company. As of March 2025, it reported net sales of 56 Cr and a net profit of 9 Cr, with a market cap of Rs 3,442 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 classified 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 most recent quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 56 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 9 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 3,442 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 122.00<BR>- Industry P/E: 68<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.39<BR>- Return on Equity: 26.19%<BR>- Price to Book: 31.84<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

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.

Who are the peers of the Marsons?

Marsons' peers include Waaree Energies, Premier Energies, and several others. Marsons has a 1-year return of 177.29%, outperforming its peers, with Websol Energy leading at 136.44% and Bharat Bijlee lagging at -36.66%.

Peers: The peers of Marsons are Waaree Energies, Premier Energies, Apar Inds., Genus Power, Websol Energy, Bharat Bijlee, Ram Ratna Wires, Spectrum Electr., Servotech Renew, and Alpex Solar.<BR><BR>Quality Snapshot: Excellent management risk is observed at Premier Energies, while Good management risk is found at Waaree Energies, Apar Inds., and the rest. Excellent growth is seen at Waaree Energies, Premier Energies, and Servotech Renew, while Good growth is found at Marsons, Apar Inds., Ram Ratna Wires, Websol Energy, Spectrum Electr., and the rest. Below Average capital structure is noted at Marsons and Ram Ratna Wires, while Good capital structure is observed at Waaree Energies, Premier Energies, Genus Power, Bharat Bijlee, Servotech Renew, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Websol Energy at 136.44%, while Bharat Bijlee has the lowest at -36.66%. Marsons' 1-year return of 177.29% is significantly higher than both. Additionally, Bharat Bijlee and Marsons have negative six-month returns.

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.

Who are in the management team of Marsons?

As of March 2023, 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). Each member contributes to the company's governance and operational oversight.

As of March 2023, 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>Each member plays a distinct role within the company, contributing to its governance and operational oversight.

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%.

How big is Marsons?

As of 24th July, Marsons Ltd has a market capitalization of 3,554.00 Cr, with recent net sales of 142.25 Cr and a net profit of 23.23 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Marsons Ltd has a market capitalization of 3,554.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 142.25 Cr, while the sum of Net Profit for the same period is 23.23 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual period for the balance sheet is March 2018. Shareholder's Funds are reported at a loss of 49.06 Cr, and Total Assets amount to 73.47 Cr.

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.

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.

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.

Are Marsons Ltd latest results good or bad?

Marsons Ltd's latest results show strong revenue growth of 55.28% and a net profit increase of 23.16%, but declining margins and a high price-to-earnings ratio raise concerns about sustainability and profitability. Investors should weigh these risks against the company's positive trends.

Marsons Ltd's latest results present a mixed picture. On one hand, the company has shown impressive revenue growth, with a 55.28% year-on-year increase in net sales for Q2 FY26, reaching ₹59.80 crores. Additionally, net profit rose by 23.16% year-on-year to ₹9.20 crores, indicating a positive trend in profitability.<BR><BR>However, there are significant concerns regarding margin compression. The operating margin decreased to 14.33% from 15.11% in the same quarter last year, and the profit after tax (PAT) margin fell sharply from 19.40% to 15.38%. This suggests that while revenue is growing, the company is facing challenges in maintaining profitability, potentially due to rising costs or pricing pressures.<BR><BR>Furthermore, Marsons Ltd's valuation appears stretched, trading at a price-to-earnings ratio of 75 times, significantly above the industry average of 60 times. This raises questions about the sustainability of its growth at such high valuation levels, especially as the stock has underperformed its sector and declined 10.42% over the past year.<BR><BR>In summary, while Marsons Ltd has demonstrated strong revenue growth and a turnaround from previous losses, the declining margins and high valuation present risks that investors should consider.

Should I buy, sell or hold Marsons Ltd?

Why is Marsons Ltd falling/rising?

As of 05-May, Marsons Ltd's stock price is declining by 1.84%, underperforming its sector and showing volatility with a high of Rs 165.55 and a low of Rs 156.5. Despite significant long-term growth, recent challenges and a high Price to Book Value raise concerns about its valuation and investor confidence.

As of 05-May, Marsons Ltd's stock price is currently falling, with a change of -2.95, representing a decline of 1.84%. This decline is evident as the stock has underperformed its sector by 2.34% today. The stock reached an intraday high of Rs 165.55 but also touched a low of Rs 156.5, indicating volatility within the trading day. <BR><BR>Despite a strong performance over the longer term, with a remarkable 2697.87% increase over the past three years and a 15.94% rise over the last month, the stock has faced challenges recently. Over the past year, it has generated a return of -12.55%, significantly underperforming the market, which has seen a return of 2.27%. <BR><BR>The company's valuation appears to be a concern, as it has a high Price to Book Value of 19.3, suggesting it may be considered expensive compared to its peers. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's current price or business outlook. <BR><BR>Overall, while Marsons Ltd has shown healthy long-term growth in net sales and operating profit, the recent price decline reflects investor sentiment and market performance, leading to its current falling stock price.

Which are the latest news on Marsons?