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Last Updated on: 15 June, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Marine Electricals (India) Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 14, 2025, 10:28 am

Market Cap 3,124 Cr.
Current Price 226
High / Low 333/139
Stock P/E76.2
Book Value 27.3
Dividend Yield0.09 %
ROCE18.4 %
ROE13.7 %
Face Value 2.00
PEG Ratio2.12

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Marine Electricals (India) Ltd

Competitors of Marine Electricals (India) Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Modern Insulators Ltd 487 Cr. 103 176/85.014.6 98.80.00 %9.13 %7.49 % 10.0
Modison Ltd 532 Cr. 164 233/10820.9 66.71.52 %15.4 %12.1 % 1.00
Evans Electric Ltd 93.6 Cr. 170 252/11812.4 47.80.88 %44.9 %33.1 % 10.0
Epic Energy Ltd 45.6 Cr. 63.2 148/13.234.5 11.20.00 %14.0 %17.8 % 10.0
Edvenswa Enterprises Ltd 126 Cr. 43.2 99.8/39.010.8 43.80.00 %17.1 %13.0 % 10.0
Industry Average12,666.00 Cr545.60198.8682.210.19%16.39%15.93%6.21

All Competitor Stocks of Marine Electricals (India) Ltd

Quarterly Result

MetricMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
Sales 76658011613086121124202125165185225
Expenses 67627410211977113115182112150170206
Operating Profit 103614119992013161519
OPM % 13%5%8%12%9%10%7%8%10%10%10%8%8%
Other Income 1220112233254
Interest 2222222333333
Depreciation 2222212222333
Profit before tax 7251196771811131317
Tax % 31%27%29%21%30%27%27%22%25%24%24%23%24%
Net Profit 52386555138101013
EPS in Rs 0.390.140.270.680.490.380.390.401.020.620.700.740.93

Last Updated: May 31, 2025, 8:28 am

Below is a detailed analysis of the quarterly data for Marine Electricals (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Sales, as of Mar 2025, the value is 225.00 Cr.. The value appears strong and on an upward trend. It has increased from 185.00 Cr. (Dec 2024) to 225.00 Cr., marking an increase of 40.00 Cr..
  • For Expenses, as of Mar 2025, the value is 206.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 170.00 Cr. (Dec 2024) to 206.00 Cr., marking an increase of 36.00 Cr..
  • For Operating Profit, as of Mar 2025, the value is 19.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Dec 2024) to 19.00 Cr., marking an increase of 4.00 Cr..
  • For OPM %, as of Mar 2025, the value is 8.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 8.00%.
  • For Other Income, as of Mar 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.00 Cr. (Dec 2024) to 4.00 Cr., marking a decrease of 1.00 Cr..
  • For Interest, as of Mar 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 3.00 Cr..
  • For Depreciation, as of Mar 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 3.00 Cr..
  • For Profit before tax, as of Mar 2025, the value is 17.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Dec 2024) to 17.00 Cr., marking an increase of 4.00 Cr..
  • For Tax %, as of Mar 2025, the value is 24.00%. The value appears to be increasing, which may not be favorable. It has increased from 23.00% (Dec 2024) to 24.00%, marking an increase of 1.00%.
  • For Net Profit, as of Mar 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Dec 2024) to 13.00 Cr., marking an increase of 3.00 Cr..
  • For EPS in Rs, as of Mar 2025, the value is 0.93. The value appears strong and on an upward trend. It has increased from 0.74 (Dec 2024) to 0.93, marking an increase of 0.19.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 15, 2025, 6:56 am

MetricMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 7898193209288323206200323391534701
Expenses 7087175189263305189177296356486638
Operating Profit 81118212518172327354762
OPM % 10%11%9%10%9%6%8%11%8%9%9%9%
Other Income 0022236456814
Interest 23345698691012
Depreciation 1154438886711
Profit before tax 571315181161118263854
Tax % 4%31%37%42%34%29%21%28%29%26%25%24%
Net Profit 55891285812202841
EPS in Rs 0.540.550.921.001.300.630.390.641.021.542.142.97
Dividend Payout % 0%0%0%0%0%0%0%31%0%0%9%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)0.00%12.50%33.33%-33.33%-37.50%60.00%50.00%66.67%40.00%46.43%
Change in YoY Net Profit Growth (%)0.00%12.50%20.83%-66.67%-4.17%97.50%-10.00%16.67%-26.67%6.43%

Marine Electricals (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2012-2013 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:28%
3 Years:29%
TTM:31%
Compounded Profit Growth
10 Years:%
5 Years:56%
3 Years:49%
TTM:52%
Stock Price CAGR
10 Years:%
5 Years:66%
3 Years:105%
1 Year:54%
Return on Equity
10 Years:%
5 Years:11%
3 Years:13%
Last Year:14%

Last Updated: Unknown

Balance Sheet

Last Updated: June 12, 2025, 3:06 pm

MonthMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 171717171825252525252728
Reserves 813334257100101109120155196349
Borrowings 191928313343394829557635
Other Liabilities 36394567168114129116106138220223
Total Liabilities 8089124157277280294298280372519635
Fixed Assets 323137422631463938394657
CWIP 00001414002065
Investments 667771211119263639
Other Assets 435179108230223238247230307432534
Total Assets 8089124157277280294298280372519635

Below is a detailed analysis of the balance sheet data for Marine Electricals (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2025, the value is 28.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Mar 2024) to 28.00 Cr., marking an increase of 1.00 Cr..
  • For Reserves, as of Mar 2025, the value is 349.00 Cr.. The value appears strong and on an upward trend. It has increased from 196.00 Cr. (Mar 2024) to 349.00 Cr., marking an increase of 153.00 Cr..
  • For Borrowings, as of Mar 2025, the value is 35.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 76.00 Cr. (Mar 2024) to 35.00 Cr., marking a decrease of 41.00 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 223.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 220.00 Cr. (Mar 2024) to 223.00 Cr., marking an increase of 3.00 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 635.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 519.00 Cr. (Mar 2024) to 635.00 Cr., marking an increase of 116.00 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 57.00 Cr.. The value appears strong and on an upward trend. It has increased from 46.00 Cr. (Mar 2024) to 57.00 Cr., marking an increase of 11.00 Cr..
  • For CWIP, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 1.00 Cr..
  • For Investments, as of Mar 2025, the value is 39.00 Cr.. The value appears strong and on an upward trend. It has increased from 36.00 Cr. (Mar 2024) to 39.00 Cr., marking an increase of 3.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 534.00 Cr.. The value appears strong and on an upward trend. It has increased from 432.00 Cr. (Mar 2024) to 534.00 Cr., marking an increase of 102.00 Cr..
  • For Total Assets, as of Mar 2025, the value is 635.00 Cr.. The value appears strong and on an upward trend. It has increased from 519.00 Cr. (Mar 2024) to 635.00 Cr., marking an increase of 116.00 Cr..

Notably, the Reserves (349.00 Cr.) exceed the Borrowings (35.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +001931-4621-338-6146
Cash from Investing Activity +00-8-8-21-7-0-2-11-27-24-91
Cash from Financing Activity +006-3244-191-27332454
Net Cash Flow00-1-312-102-4-1-019

Free Cash Flow

MonthMar 2011Mar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow9.00-11.00-8.00-10.00-10.00-8.00-25.00-22.00-25.00-2.00-20.00-29.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days12111895110136186155215232135163179
Inventory Days16434245136150845566
Days Payable89128207131272232119130160
Cash Conversion Cycle1211189538512169791501008885
Working Capital Days03224235736102152210117113108
ROCE %18%20%22%23%12%9%10%13%16%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters73.52%73.63%73.71%73.71%74.46%74.46%73.84%72.87%71.98%71.17%71.17%68.45%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.15%0.25%0.96%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%0.08%0.04%
Public26.48%26.37%26.29%26.29%25.54%25.54%26.16%27.12%27.99%28.56%28.50%30.56%
No. of Shareholders66,88164,44260,67657,53252,75552,44151,59449,30550,30455,98383,79989,628

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.0010.00
Basic EPS (Rs.) 2.021.381.061.053.69
Diluted EPS (Rs.) 2.021.361.061.053.69
Cash EPS (Rs.) 2.711.971.851.856.54
Book Value[Excl.RevalReserv]/Share (Rs.) 18.9017.0014.8013.8665.97
Book Value[Incl.RevalReserv]/Share (Rs.) 18.9017.0014.8013.8665.97
Revenue From Operations / Share (Rs.) 46.8935.0630.6820.49117.68
PBDIT / Share (Rs.) 4.443.412.942.8511.56
PBIT / Share (Rs.) 3.662.772.182.118.74
PBT / Share (Rs.) 2.731.981.591.384.63
Net Profit / Share (Rs.) 1.931.331.081.103.72
NP After MI And SOA / Share (Rs.) 1.951.351.061.053.69
PBDIT Margin (%) 9.479.739.5913.919.82
PBIT Margin (%) 7.807.907.1010.287.42
PBT Margin (%) 5.815.665.176.733.93
Net Profit Margin (%) 4.113.793.535.383.15
NP After MI And SOA Margin (%) 4.163.833.445.133.13
Return on Networth / Equity (%) 10.338.157.437.915.79
Return on Capital Employeed (%) 16.8614.4714.1114.1812.37
Return On Assets (%) 4.203.643.473.362.37
Long Term Debt / Equity (X) 0.100.100.020.050.05
Total Debt / Equity (X) 0.380.310.200.290.29
Asset Turnover Ratio (%) 1.151.060.970.580.62
Current Ratio (X) 1.481.601.651.611.52
Quick Ratio (X) 1.201.321.221.211.16
Inventory Turnover Ratio (X) 6.364.393.602.163.02
Dividend Payout Ratio (NP) (%) 0.000.0018.900.000.00
Dividend Payout Ratio (CP) (%) 0.000.0010.980.000.00
Earning Retention Ratio (%) 0.000.0081.100.000.00
Cash Earning Retention Ratio (%) 0.000.0089.020.000.00
Interest Coverage Ratio (X) 4.764.334.963.922.81
Interest Coverage Ratio (Post Tax) (X) 3.072.692.832.521.90
Enterprise Value (Cr.) 1273.74505.03411.73849.37258.65
EV / Net Operating Revenue (X) 2.051.141.093.380.89
EV / EBITDA (X) 21.6211.7211.4124.309.12
MarketCap / Net Operating Revenue (X) 1.921.021.013.210.76
Retention Ratios (%) 0.000.0081.090.000.00
Price / BV (X) 4.772.172.174.951.42
Price / Net Operating Revenue (X) 1.921.021.013.210.76
EarningsYield 0.020.030.030.010.04

After reviewing the key financial ratios for Marine Electricals (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 2.02. This value is below the healthy minimum of 5. It has increased from 1.38 (Mar 23) to 2.02, marking an increase of 0.64.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 2.02. This value is below the healthy minimum of 5. It has increased from 1.36 (Mar 23) to 2.02, marking an increase of 0.66.
  • For Cash EPS (Rs.), as of Mar 24, the value is 2.71. This value is below the healthy minimum of 3. It has increased from 1.97 (Mar 23) to 2.71, marking an increase of 0.74.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 18.90. It has increased from 17.00 (Mar 23) to 18.90, marking an increase of 1.90.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 18.90. It has increased from 17.00 (Mar 23) to 18.90, marking an increase of 1.90.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 46.89. It has increased from 35.06 (Mar 23) to 46.89, marking an increase of 11.83.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 4.44. This value is within the healthy range. It has increased from 3.41 (Mar 23) to 4.44, marking an increase of 1.03.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 3.66. This value is within the healthy range. It has increased from 2.77 (Mar 23) to 3.66, marking an increase of 0.89.
  • For PBT / Share (Rs.), as of Mar 24, the value is 2.73. This value is within the healthy range. It has increased from 1.98 (Mar 23) to 2.73, marking an increase of 0.75.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 1.93. This value is below the healthy minimum of 2. It has increased from 1.33 (Mar 23) to 1.93, marking an increase of 0.60.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 1.95. This value is below the healthy minimum of 2. It has increased from 1.35 (Mar 23) to 1.95, marking an increase of 0.60.
  • For PBDIT Margin (%), as of Mar 24, the value is 9.47. This value is below the healthy minimum of 10. It has decreased from 9.73 (Mar 23) to 9.47, marking a decrease of 0.26.
  • For PBIT Margin (%), as of Mar 24, the value is 7.80. This value is below the healthy minimum of 10. It has decreased from 7.90 (Mar 23) to 7.80, marking a decrease of 0.10.
  • For PBT Margin (%), as of Mar 24, the value is 5.81. This value is below the healthy minimum of 10. It has increased from 5.66 (Mar 23) to 5.81, marking an increase of 0.15.
  • For Net Profit Margin (%), as of Mar 24, the value is 4.11. This value is below the healthy minimum of 5. It has increased from 3.79 (Mar 23) to 4.11, marking an increase of 0.32.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.16. This value is below the healthy minimum of 8. It has increased from 3.83 (Mar 23) to 4.16, marking an increase of 0.33.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 10.33. This value is below the healthy minimum of 15. It has increased from 8.15 (Mar 23) to 10.33, marking an increase of 2.18.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 16.86. This value is within the healthy range. It has increased from 14.47 (Mar 23) to 16.86, marking an increase of 2.39.
  • For Return On Assets (%), as of Mar 24, the value is 4.20. This value is below the healthy minimum of 5. It has increased from 3.64 (Mar 23) to 4.20, marking an increase of 0.56.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.10. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.10.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.38. This value is within the healthy range. It has increased from 0.31 (Mar 23) to 0.38, marking an increase of 0.07.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.15. It has increased from 1.06 (Mar 23) to 1.15, marking an increase of 0.09.
  • For Current Ratio (X), as of Mar 24, the value is 1.48. This value is below the healthy minimum of 1.5. It has decreased from 1.60 (Mar 23) to 1.48, marking a decrease of 0.12.
  • For Quick Ratio (X), as of Mar 24, the value is 1.20. This value is within the healthy range. It has decreased from 1.32 (Mar 23) to 1.20, marking a decrease of 0.12.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.36. This value is within the healthy range. It has increased from 4.39 (Mar 23) to 6.36, marking an increase of 1.97.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 4.76. This value is within the healthy range. It has increased from 4.33 (Mar 23) to 4.76, marking an increase of 0.43.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.07. This value is within the healthy range. It has increased from 2.69 (Mar 23) to 3.07, marking an increase of 0.38.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 1,273.74. It has increased from 505.03 (Mar 23) to 1,273.74, marking an increase of 768.71.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.05. This value is within the healthy range. It has increased from 1.14 (Mar 23) to 2.05, marking an increase of 0.91.
  • For EV / EBITDA (X), as of Mar 24, the value is 21.62. This value exceeds the healthy maximum of 15. It has increased from 11.72 (Mar 23) to 21.62, marking an increase of 9.90.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.92. This value is within the healthy range. It has increased from 1.02 (Mar 23) to 1.92, marking an increase of 0.90.
  • For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Price / BV (X), as of Mar 24, the value is 4.77. This value exceeds the healthy maximum of 3. It has increased from 2.17 (Mar 23) to 4.77, marking an increase of 2.60.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.92. This value is within the healthy range. It has increased from 1.02 (Mar 23) to 1.92, marking an increase of 0.90.
  • For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 23) to 0.02, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Marine Electricals (India) Ltd as of June 15, 2025 is: 228.20

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 15, 2025, Marine Electricals (India) Ltd is Undervalued by 0.97% compared to the current share price 226.00

Intrinsic Value of Marine Electricals (India) Ltd as of June 15, 2025 is: 310.19

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 15, 2025, Marine Electricals (India) Ltd is Undervalued by 37.25% compared to the current share price 226.00

Last 5 Year EPS CAGR: 35.93%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (106.92 cr) compared to borrowings (37.92 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (295.33 cr) and profit (18.50 cr) over the years.
  1. The stock has a low average ROCE of 13.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 81.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 84.58, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Marine Electricals (India) Ltd:
    1. Net Profit Margin: 4.11%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 16.86% (Industry Average ROCE: 16.39%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 10.33% (Industry Average ROE: 15.93%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.07
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.2
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 76.2 (Industry average Stock P/E: 198.86)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.38
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Marine Electricals (India) Ltd. is a Public Limited Listed company incorporated on 04/12/2007 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L31907MH2007PLC176443 and registration number is 176443. Currently Company is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company's Total Operating Revenue is Rs. 700.58 Cr. and Equity Capital is Rs. 27.59 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Electric Equipment - GeneralNo: B/1, Udyog Sadan No.3, Mumbai Maharashtra 400093cs@marineelectricals.com
https://www.marineelectricals.com
Management
NamePosition Held
Mr. Vinay Krishna UchilChairman & Executive Director
Mr. Venkatesh Krishnappa UchilManaging Director
Mr. Shailendra ShuklaExecutive Director
Mr. Madan PendseInd. Non-Executive Director
Mr. Nikunj MishraInd. Non-Executive Director
Mr. Vikas JaywantInd. Non-Executive Director
Mr. Mohan RaoInd. Non-Executive Director
Ms. Archana Venkata RajagopalanInd. Non-Executive Director
Dr. Tanuja PudhierkarNon Exe.Non Ind.Director

FAQ

What is the intrinsic value of Marine Electricals (India) Ltd?

Marine Electricals (India) Ltd's intrinsic value (as of 14 June 2025) is ₹228.20 — 0.97% higher the current market price of 226.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 3,124 Cr. market cap, FY2025-2026 high/low of ₹333/139, reserves of 349 Cr, and liabilities of 635 Cr.

What is the Market Cap of Marine Electricals (India) Ltd?

The Market Cap of Marine Electricals (India) Ltd is 3,124 Cr..

What is the current Stock Price of Marine Electricals (India) Ltd as on 14 June 2025?

The current stock price of Marine Electricals (India) Ltd as on 14 June 2025 is 226.

What is the High / Low of Marine Electricals (India) Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Marine Electricals (India) Ltd stocks is ₹333/139.

What is the Stock P/E of Marine Electricals (India) Ltd?

The Stock P/E of Marine Electricals (India) Ltd is 76.2.

What is the Book Value of Marine Electricals (India) Ltd?

The Book Value of Marine Electricals (India) Ltd is 27.3.

What is the Dividend Yield of Marine Electricals (India) Ltd?

The Dividend Yield of Marine Electricals (India) Ltd is 0.09 %.

What is the ROCE of Marine Electricals (India) Ltd?

The ROCE of Marine Electricals (India) Ltd is 18.4 %.

What is the ROE of Marine Electricals (India) Ltd?

The ROE of Marine Electricals (India) Ltd is 13.7 %.

What is the Face Value of Marine Electricals (India) Ltd?

The Face Value of Marine Electricals (India) Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Marine Electricals (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE