Marine Electric.

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE01JE01028
  • NSEID: MARINE
  • BSEID:
INR
207.12
-4.29 (-2.03%)
BSENSE

Dec 05

BSE+NSE Vol: 216556

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Hind Rectifiers
Kilburn Engg.
HLE Glascoat
Marine Electric.
Pennar Industrie
Centum Electron
John Cockerill
Pitti Engg.
Jash Engineering
Standard Glass
Concord Control
Why is Marine Electricals (India) Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.65 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 27.28% and Operating profit at 32.69%
3
The company has declared Positive results for the last 3 consecutive quarters
  • OPERATING CF(Y) Highest at Rs 55.44 Cr
  • NET SALES(Latest six months) At Rs 389.23 cr has Grown at 20.67%
  • OPERATING PROFIT TO INTEREST(Q) Highest at 6.71 times
4
With ROE of 10.9, it has a Expensive valuation with a 6.8 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 24.5% ; the PEG ratio of the company is 3.2
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
  • Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
stock-recommendationReal-Time Research Report
Verdict Report
How much should you hold?
  1. Overall Portfolio exposure to Marine Electric. should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Marine Electric. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Marine Electric.
-21.74%
-0.42
51.31%
Sensex
4.83%
0.41
11.83%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
27.28%
EBIT Growth (5y)
32.69%
EBIT to Interest (avg)
3.37
Debt to EBITDA (avg)
1.42
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
1.61
Tax Ratio
27.61%
Dividend Payout Ratio
10.77%
Pledged Shares
0
Institutional Holding
0.30%
ROCE (avg)
12.36%
ROE (avg)
9.17%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
62
Industry P/E
15
Price to Book Value
6.78
EV to EBIT
46.17
EV to EBITDA
36.78
EV to Capital Employed
8.41
EV to Sales
3.38
PEG Ratio
3.17
Dividend Yield
0.14%
ROCE (Latest)
18.22%
ROE (Latest)
10.86%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

21What is working for the Company
OPERATING CF(Y)

Highest at Rs 55.44 Cr

NET SALES(Latest six months)

At Rs 389.23 cr has Grown at 20.67%

OPERATING PROFIT TO INTEREST(Q)

Highest at 6.71 times

PBT LESS OI(Q)

At Rs 18.40 cr has Grown at 72.2% (vs previous 4Q average

PAT(Q)

At Rs 16.49 cr has Grown at 53.8% (vs previous 4Q average

PBDIT(Q)

Highest at Rs 25.89 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 11.65%

EPS(Q)

Highest at Rs 1.20

-3What is not working for the Company
DEBT-EQUITY RATIO(HY)

Highest at 0.83 times

INTEREST(Q)

Highest at Rs 3.86 cr

Loading Valuation Snapshot...
Here's what is working for Marine Electric.
Operating Profit to Interest - Quarterly
Highest at 6.71 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 18.40 cr has Grown at 72.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 10.68 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 16.49 cr has Grown at 53.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 10.73 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Latest six months
At Rs 389.23 cr has Grown at 20.67%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Cash Flow - Annually
Highest at Rs 55.44 Cr
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 25.89 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 11.65%
in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 18.40 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 16.49 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 1.20
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Marine Electric.
Interest - Quarterly
Highest at Rs 3.86 cr
in the last five quarters and Increased by 22.15 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Debt-Equity Ratio - Half Yearly
Highest at 0.83 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio