Why is Marine Electricals (India) Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.94 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 28.40% and Operating profit at 34.49%
3
The company has declared Positive results for the last 5 consecutive quarters
- ROCE(HY) Highest at 16.51%
- NET SALES(Q) Highest at Rs 277.48 cr
- PBDIT(Q) Highest at Rs 31.53 cr.
4
With ROE of 12, it has a Expensive valuation with a 7 Price to Book Value
- The stock is trading at a premium 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 54.5% ; the PEG ratio of the company is 1.1
5
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.62% over the previous quarter and collectively hold 0% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Below par performance in long term as well as near term
- Along with generating -100.00% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Marine Electric. should be less than 10%
- 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, High Return
Absolute
Risk Adjusted
Volatility
Marine Electric.
8.92%
0.19
46.25%
Sensex
-5.98%
-0.45
13.24%
Quality key factors
Factor
Value
Sales Growth (5y)
28.40%
EBIT Growth (5y)
34.49%
EBIT to Interest (avg)
3.48
Debt to EBITDA (avg)
1.30
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
1.65
Tax Ratio
22.60%
Dividend Payout Ratio
10.77%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.33%
ROE (avg)
9.50%
Valuation Key Factors 
Factor
Value
P/E Ratio
58
Industry P/E
15
Price to Book Value
7.00
EV to EBIT
42.57
EV to EBITDA
35.91
EV to Capital Employed
7.83
EV to Sales
3.87
PEG Ratio
1.11
Dividend Yield
0.12%
ROCE (Latest)
18.39%
ROE (Latest)
12.04%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
20What is working for the Company
ROCE(HY)
Highest at 16.51%
NET SALES(Q)
Highest at Rs 277.48 cr
PBDIT(Q)
Highest at Rs 31.53 cr.
PBT LESS OI(Q)
Highest at Rs 20.11 cr.
PAT(Q)
Highest at Rs 19.48 cr.
EPS(Q)
Highest at Rs 1.32
-11What is not working for the Company
OPERATING PROFIT TO INTEREST (Q)
Lowest at 4.18 times
INTEREST(Q)
Highest at Rs 7.54 cr
Loading Valuation Snapshot...
Here's what is working for Marine Electric.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 20.11 cr has Grown at 45.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 13.81 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 19.48 cr has Grown at 46.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 13.32 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 277.48 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 277.48 cr has Grown at 30.5% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 212.55 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 31.53 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 20.11 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 19.48 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 1.32
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Marine Electric.
Interest - Quarterly
At Rs 7.54 cr has Grown at 69.06%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit to Interest - Quarterly
Lowest at 4.18 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest - Quarterly
Highest at Rs 7.54 cr
in the last five quarters and Increased by 69.06 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






