Share Price and Basic Stock Data
Last Updated: October 8, 2025, 8:43 pm
PEG Ratio | 1.86 |
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Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Marine Electricals (India) Ltd, operating in the Electric Equipment – General industry, has a market capitalization of ₹2,972 Cr. The company reported a price of ₹215 per share, with a P/E ratio of 68.1. In the latest quarter, the company’s operating profit margin (OPM) stood at 10%, with a net profit of ₹41 Cr. The firm’s core business revolves around electrical equipment, and its market presence is reflected in its consistent revenue growth trends. Analyzing the quarterly and annual sales data, Marine Electricals has shown resilience in maintaining a steady revenue stream despite market fluctuations. The company’s expense management strategies have led to sustainable operating profit patterns over time.
Profitability and Efficiency Metrics
Marine Electricals’ return on equity (ROE) stands at 13.0%, while return on capital employed (ROCE) is at 17.5%. The interest coverage ratio (ICR) is robust at 4.76x, indicating healthy profitability levels. The cash conversion cycle (CCC) of 76 days showcases efficient working capital management. However, the P/E ratio of 68.1 suggests a premium valuation compared to sector norms. The company’s net profit and earnings per share (EPS) figures reflect a positive growth trajectory. Marine Electricals’ profitability and efficiency metrics demonstrate a balance between operational effectiveness and potential strain due to valuation concerns.
Balance Sheet Strength and Financial Ratios
With reserves amounting to ₹349 Cr and borrowings standing at ₹35 Cr, Marine Electricals exhibits a strong balance sheet position. The price-to-book value (P/BV) ratio of 4.77x indicates a premium valuation relative to its book value. The company’s liquidity ratios and working capital health seem satisfactory, with a comfortable debt-equity mix. The firm’s leverage and solvency ratios suggest a stable financial structure with room for strategic investments or debt repayments.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Marine Electricals shows prominent promoter holding at 68.45%, indicating strong promoter confidence in the business. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) hold minimal stakes at 0.08% and 0.07%, respectively. Public shareholding stands at 31.40%, reflecting retail investor participation. Changes in the shareholding pattern can influence the company’s valuation and market perception, highlighting the importance of maintaining investor confidence for sustainable growth.
Outlook, Risks, and Final Insight
Looking ahead, Marine Electricals’ growth prospects appear promising, driven by factors such as expanding product lines and increasing market demand for electrical equipment. However, the company faces risks related to market competition, regulatory changes, and economic uncertainties. Strengthening operational efficiency, exploring new revenue streams, and enhancing investor communication could bolster future performance. In conclusion, Marine Electricals presents a mixed outlook with growth opportunities tempered by inherent industry risks, emphasizing the need for a balanced approach to navigate future challenges.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 ⇩ |
---|---|---|---|---|---|---|---|---|---|
Kaycee Industries Ltd | 375 Cr. | 1,183 | 4,897/800 | 65.1 | 91.5 | 0.17 % | 30.6 % | 22.2 % | 10.0 |
Modern Insulators Ltd | 598 Cr. | 127 | 166/85.0 | 14.3 | 98.8 | 0.00 % | 8.98 % | 7.36 % | 10.0 |
Modison Ltd | 507 Cr. | 156 | 211/108 | 18.7 | 66.7 | 2.24 % | 15.5 % | 12.1 % | 1.00 |
Evans Electric Ltd | 93.3 Cr. | 170 | 252/118 | 13.6 | 47.8 | 0.88 % | 40.8 % | 30.0 % | 10.0 |
Epic Energy Ltd | 32.5 Cr. | 45.1 | 148/36.5 | 25.4 | 11.2 | 0.00 % | 14.2 % | 17.8 % | 10.0 |
Industry Average | 12,062.39 Cr | 531.97 | 157.53 | 81.49 | 0.25% | 16.67% | 16.17% | 6.34 |
Quarterly Result
Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 65 | 80 | 116 | 130 | 86 | 121 | 124 | 202 | 125 | 165 | 185 | 225 | 147 |
Expenses | 62 | 74 | 102 | 119 | 77 | 113 | 115 | 182 | 112 | 150 | 170 | 206 | 133 |
Operating Profit | 3 | 6 | 14 | 11 | 9 | 9 | 9 | 20 | 13 | 16 | 15 | 19 | 14 |
OPM % | 5% | 8% | 12% | 9% | 10% | 7% | 8% | 10% | 10% | 10% | 8% | 8% | 10% |
Other Income | 2 | 2 | 0 | 1 | 1 | 2 | 2 | 3 | 3 | 2 | 5 | 4 | 5 |
Interest | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Depreciation | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 |
Profit before tax | 2 | 5 | 11 | 9 | 6 | 7 | 7 | 18 | 11 | 13 | 13 | 17 | 14 |
Tax % | 27% | 29% | 21% | 30% | 27% | 27% | 22% | 25% | 24% | 24% | 23% | 24% | 24% |
Net Profit | 2 | 3 | 8 | 6 | 5 | 5 | 5 | 13 | 8 | 10 | 10 | 13 | 11 |
EPS in Rs | 0.14 | 0.27 | 0.68 | 0.49 | 0.38 | 0.39 | 0.40 | 1.02 | 0.62 | 0.70 | 0.74 | 0.93 | 0.79 |
Last Updated: August 20, 2025, 7:10 am
Below is a detailed analysis of the quarterly data for Marine Electricals (India) Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 147.00 Cr.. The value appears to be declining and may need further review. It has decreased from 225.00 Cr. (Mar 2025) to 147.00 Cr., marking a decrease of 78.00 Cr..
- For Expenses, as of Jun 2025, the value is 133.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 206.00 Cr. (Mar 2025) to 133.00 Cr., marking a decrease of 73.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 19.00 Cr. (Mar 2025) to 14.00 Cr., marking a decrease of 5.00 Cr..
- For OPM %, as of Jun 2025, the value is 10.00%. The value appears strong and on an upward trend. It has increased from 8.00% (Mar 2025) to 10.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 5.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Mar 2025) to 5.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
- For Depreciation, as of Jun 2025, the value is 2.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Mar 2025) to 14.00 Cr., marking a decrease of 3.00 Cr..
- For Tax %, as of Jun 2025, the value is 24.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 24.00%.
- For Net Profit, as of Jun 2025, the value is 11.00 Cr.. The value appears to be declining and may need further review. It has decreased from 13.00 Cr. (Mar 2025) to 11.00 Cr., marking a decrease of 2.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.79. The value appears to be declining and may need further review. It has decreased from 0.93 (Mar 2025) to 0.79, marking a decrease of 0.14.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: June 16, 2025, 4:49 pm
Metric | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 78 | 98 | 193 | 209 | 288 | 323 | 206 | 200 | 323 | 391 | 534 | 701 |
Expenses | 70 | 87 | 175 | 189 | 263 | 305 | 189 | 177 | 296 | 356 | 486 | 638 |
Operating Profit | 8 | 11 | 18 | 21 | 25 | 18 | 17 | 23 | 27 | 35 | 47 | 62 |
OPM % | 10% | 11% | 9% | 10% | 9% | 6% | 8% | 11% | 8% | 9% | 9% | 9% |
Other Income | 0 | 0 | 2 | 2 | 2 | 3 | 6 | 4 | 5 | 6 | 8 | 14 |
Interest | 2 | 3 | 3 | 4 | 5 | 6 | 9 | 8 | 6 | 9 | 10 | 12 |
Depreciation | 1 | 1 | 5 | 4 | 4 | 3 | 8 | 8 | 8 | 6 | 7 | 11 |
Profit before tax | 5 | 7 | 13 | 15 | 18 | 11 | 6 | 11 | 18 | 26 | 38 | 54 |
Tax % | 4% | 31% | 37% | 42% | 34% | 29% | 21% | 28% | 29% | 26% | 25% | 24% |
Net Profit | 5 | 5 | 8 | 9 | 12 | 8 | 5 | 8 | 12 | 20 | 28 | 41 |
EPS in Rs | 0.54 | 0.55 | 0.92 | 1.00 | 1.30 | 0.63 | 0.39 | 0.64 | 1.02 | 1.54 | 2.14 | 2.97 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 31% | 0% | 0% | 9% | 0% |
YoY Net Profit Growth
Year | 2012-2013 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
---|---|---|---|---|---|---|---|---|---|---|
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.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: October 10, 2025, 2:30 pm
Month | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 17 | 17 | 17 | 17 | 18 | 25 | 25 | 25 | 25 | 25 | 27 | 28 |
Reserves | 8 | 13 | 33 | 42 | 57 | 100 | 101 | 109 | 120 | 155 | 196 | 349 |
Borrowings | 19 | 19 | 28 | 31 | 33 | 43 | 39 | 48 | 29 | 55 | 76 | 34 |
Other Liabilities | 36 | 39 | 45 | 67 | 168 | 114 | 129 | 116 | 106 | 138 | 220 | 223 |
Total Liabilities | 80 | 89 | 124 | 157 | 277 | 280 | 294 | 298 | 280 | 372 | 519 | 635 |
Fixed Assets | 32 | 31 | 37 | 42 | 26 | 31 | 46 | 39 | 38 | 39 | 46 | 48 |
CWIP | 0 | 0 | 0 | 0 | 14 | 14 | 0 | 0 | 2 | 0 | 6 | 13 |
Investments | 6 | 6 | 7 | 7 | 7 | 12 | 11 | 11 | 9 | 26 | 36 | 39 |
Other Assets | 43 | 51 | 79 | 108 | 230 | 223 | 238 | 247 | 230 | 307 | 432 | 534 |
Total Assets | 80 | 89 | 124 | 157 | 277 | 280 | 294 | 298 | 280 | 372 | 519 | 635 |
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 34.00 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 34.00 Cr., marking a decrease of 42.00 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 48.00 Cr.. The value appears strong and on an upward trend. It has increased from 46.00 Cr. (Mar 2024) to 48.00 Cr., marking an increase of 2.00 Cr..
- For CWIP, as of Mar 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Mar 2024) to 13.00 Cr., marking an increase of 7.00 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 (34.00 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.
Cash Flow - No data available for this post.
Free Cash Flow
Month | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow | -11.00 | -8.00 | -10.00 | -10.00 | -8.00 | -25.00 | -22.00 | -25.00 | -2.00 | -20.00 | -29.00 | 27.00 |
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.
Financial Efficiency Indicators
Month | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 118 | 95 | 110 | 136 | 186 | 155 | 215 | 232 | 135 | 163 | 179 | 150 |
Inventory Days | 16 | 43 | 42 | 45 | 136 | 150 | 84 | 55 | 66 | 40 | ||
Days Payable | 89 | 128 | 207 | 131 | 272 | 232 | 119 | 130 | 160 | 114 | ||
Cash Conversion Cycle | 118 | 95 | 38 | 51 | 21 | 69 | 79 | 150 | 100 | 88 | 85 | 76 |
Working Capital Days | 32 | 24 | -8 | 22 | -1 | 70 | 109 | 141 | 90 | 79 | 72 | 123 |
ROCE % | 18% | 20% | 22% | 23% | 12% | 9% | 10% | 13% | 16% | 17% | 18% |
This stock is not held by any mutual fund.
Key Financial Ratios
Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
---|---|---|---|---|---|
FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 10.00 |
Basic EPS (Rs.) | 2.02 | 1.38 | 1.06 | 1.05 | 3.69 |
Diluted EPS (Rs.) | 2.02 | 1.36 | 1.06 | 1.05 | 3.69 |
Cash EPS (Rs.) | 2.71 | 1.97 | 1.85 | 1.85 | 6.54 |
Book Value[Excl.RevalReserv]/Share (Rs.) | 18.90 | 17.00 | 14.80 | 13.86 | 65.97 |
Book Value[Incl.RevalReserv]/Share (Rs.) | 18.90 | 17.00 | 14.80 | 13.86 | 65.97 |
Revenue From Operations / Share (Rs.) | 46.89 | 35.06 | 30.68 | 20.49 | 117.68 |
PBDIT / Share (Rs.) | 4.44 | 3.41 | 2.94 | 2.85 | 11.56 |
PBIT / Share (Rs.) | 3.66 | 2.77 | 2.18 | 2.11 | 8.74 |
PBT / Share (Rs.) | 2.73 | 1.98 | 1.59 | 1.38 | 4.63 |
Net Profit / Share (Rs.) | 1.93 | 1.33 | 1.08 | 1.10 | 3.72 |
NP After MI And SOA / Share (Rs.) | 1.95 | 1.35 | 1.06 | 1.05 | 3.69 |
PBDIT Margin (%) | 9.47 | 9.73 | 9.59 | 13.91 | 9.82 |
PBIT Margin (%) | 7.80 | 7.90 | 7.10 | 10.28 | 7.42 |
PBT Margin (%) | 5.81 | 5.66 | 5.17 | 6.73 | 3.93 |
Net Profit Margin (%) | 4.11 | 3.79 | 3.53 | 5.38 | 3.15 |
NP After MI And SOA Margin (%) | 4.16 | 3.83 | 3.44 | 5.13 | 3.13 |
Return on Networth / Equity (%) | 10.33 | 8.15 | 7.43 | 7.91 | 5.79 |
Return on Capital Employeed (%) | 16.86 | 14.47 | 14.11 | 14.18 | 12.37 |
Return On Assets (%) | 4.20 | 3.64 | 3.47 | 3.36 | 2.37 |
Long Term Debt / Equity (X) | 0.10 | 0.10 | 0.02 | 0.05 | 0.05 |
Total Debt / Equity (X) | 0.38 | 0.31 | 0.20 | 0.29 | 0.29 |
Asset Turnover Ratio (%) | 1.15 | 1.06 | 0.97 | 0.58 | 0.62 |
Current Ratio (X) | 1.48 | 1.60 | 1.65 | 1.61 | 1.52 |
Quick Ratio (X) | 1.20 | 1.32 | 1.22 | 1.21 | 1.16 |
Inventory Turnover Ratio (X) | 6.36 | 4.39 | 3.60 | 2.16 | 3.02 |
Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 18.90 | 0.00 | 0.00 |
Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 10.98 | 0.00 | 0.00 |
Earning Retention Ratio (%) | 0.00 | 0.00 | 81.10 | 0.00 | 0.00 |
Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 89.02 | 0.00 | 0.00 |
Interest Coverage Ratio (X) | 4.76 | 4.33 | 4.96 | 3.92 | 2.81 |
Interest Coverage Ratio (Post Tax) (X) | 3.07 | 2.69 | 2.83 | 2.52 | 1.90 |
Enterprise Value (Cr.) | 1273.74 | 505.03 | 411.73 | 849.37 | 258.65 |
EV / Net Operating Revenue (X) | 2.05 | 1.14 | 1.09 | 3.38 | 0.89 |
EV / EBITDA (X) | 21.62 | 11.72 | 11.41 | 24.30 | 9.12 |
MarketCap / Net Operating Revenue (X) | 1.92 | 1.02 | 1.01 | 3.21 | 0.76 |
Retention Ratios (%) | 0.00 | 0.00 | 81.09 | 0.00 | 0.00 |
Price / BV (X) | 4.77 | 2.17 | 2.17 | 4.95 | 1.42 |
Price / Net Operating Revenue (X) | 1.92 | 1.02 | 1.01 | 3.21 | 0.76 |
EarningsYield | 0.02 | 0.03 | 0.03 | 0.01 | 0.04 |
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.
Strength and Weakness
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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:
- 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.
- ROCE: 16.86% (Industry Average ROCE: 16.67%)
- 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.
- ROE%: 10.33% (Industry Average ROE: 16.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- 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.
- 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.
- Stock P/E: 66.8 (Industry average Stock P/E: 157.53)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 4.11%
About the Company - Qualitative Analysis
INDUSTRY | ADDRESS | CONTACT |
---|---|---|
Electric Equipment - General | No: B/1, Udyog Sadan No.3, Mumbai Maharashtra 400093 | cs@marineelectricals.com https://www.marineelectricals.com |
Management | |
---|---|
Name | Position Held |
Mr. Vinay Krishna Uchil | Chairman & Executive Director |
Mr. Venkatesh Krishnappa Uchil | Managing Director |
Mr. Shailendra Shukla | Executive Director |
Mr. Madan Pendse | Ind. Non-Executive Director |
Mr. Nikunj Mishra | Ind. Non-Executive Director |
Mr. Vikas Jaywant | Ind. Non-Executive Director |
Mr. Mohan Rao | Ind. Non-Executive Director |
Ms. Archana Venkata Rajagopalan | Ind. Non-Executive Director |
Dr. Tanuja Pudhierkar | Non Exe.Non Ind.Director |
FAQ
What is the intrinsic value of Marine Electricals (India) Ltd?
Marine Electricals (India) Ltd's intrinsic value (as of 10 October 2025) is 189.92 which is 9.99% lower the current market price of 211.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,917 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 2,917 Cr..
What is the current Stock Price of Marine Electricals (India) Ltd as on 10 October 2025?
The current stock price of Marine Electricals (India) Ltd as on 10 October 2025 is 211.
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 66.8.
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 0.14 %.
What is the ROCE of Marine Electricals (India) Ltd?
The ROCE of Marine Electricals (India) Ltd is 17.5 %.
What is the ROE of Marine Electricals (India) Ltd?
The ROE of Marine Electricals (India) Ltd is 13.0 %.
What is the Face Value of Marine Electricals (India) Ltd?
The Face Value of Marine Electricals (India) Ltd is 2.00.