Share Price and Basic Stock Data
Last Updated: December 12, 2025, 6:02 pm
| PEG Ratio | 2.24 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Marine Electricals (India) Ltd operates in the electric equipment sector, focusing on manufacturing and supplying electrical systems for the marine and industrial sectors. As of the latest reporting period, the company recorded total sales of ₹391 Cr for FY 2023, which reflects a significant increase from ₹323 Cr in FY 2022. The upward trajectory continued into FY 2024 with revenue projected at ₹534 Cr, indicating a robust growth strategy and effective operational execution. Quarterly performance showcased fluctuations, with sales peaking at ₹202 Cr in March 2024, but a decline to ₹125 Cr in June 2024 suggests seasonality or possible operational challenges. This volatility could be a point of concern for investors looking for steady growth. The company’s reported sales figures, particularly in the context of a growing electric equipment market in India, demonstrate a strong positioning, yet the inconsistency in quarterly performance may warrant further scrutiny.
Profitability and Efficiency Metrics
When examining profitability, Marine Electricals’ margins tell a compelling story. The operating profit margin (OPM) stood at 9% for FY 2023, slightly improved from 8% in FY 2022, suggesting that the company is managing its operational costs well relative to its revenue. However, this figure appears modest compared to industry benchmarks, which typically hover between 10% and 15% for similar companies. The net profit for FY 2023 reached ₹20 Cr, translating to an earnings per share (EPS) of ₹1.54, showcasing solid profitability but also reflecting the company’s high price-to-earnings (P/E) ratio of 56.1. This ratio indicates that investors are paying a premium for earnings, which could be a double-edged sword if the company fails to sustain growth. Efficiency metrics, including a return on capital employed (ROCE) of 16% for FY 2023, suggest that the company is generating decent returns on its investments, although the 76-day cash conversion cycle (CCC) indicates room for improvement in working capital management.
Balance Sheet Strength and Financial Ratios
The balance sheet reveals a mixed picture. Marine Electricals reported total borrowings of ₹32 Cr against reserves of ₹371 Cr, which paints a picture of financial prudence. With a debt-to-equity ratio of just 0.12, the company appears well-positioned to weather financial storms, suggesting a conservative approach to leverage. However, the price-to-book value (P/BV) ratio of 5.36x suggests that the stock may be overvalued relative to its book value of ₹29.27 per share. This can raise concerns about the sustainability of its current market capitalization of ₹2,760 Cr, especially if market conditions shift. Additionally, the interest coverage ratio (ICR) stands at a comfortable 5.83x, indicating that the company generates sufficient earnings to cover its interest expenses. While this suggests financial stability, the high valuation metrics may deter some investors, particularly those seeking value opportunities.
Shareholding Pattern and Investor Confidence
Investor confidence is reflected in Marine Electricals’ shareholding structure, where promoters hold a significant 68.46% stake. This level of promoter holding can indicate strong management commitment, although the gradual decline from 74.46% in March 2023 may raise questions about potential dilution or shifting strategies. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) have minimal holdings, at 0.18% and 0.12%, respectively, suggesting a lack of institutional interest in the stock. This could be a red flag for retail investors, as institutional backing often lends credibility and stability to a stock. The total number of shareholders has increased to 94,688, indicating growing retail interest, but the overall low institutional participation could imply caution among professional investors regarding the company’s prospects or valuation. The public holding has also risen to 31.24%, which may reflect a broader market interest, albeit with a need for stronger institutional validation.
Outlook, Risks, and Final Insight
Looking ahead, Marine Electricals presents a nuanced investment case. On one hand, the company’s robust revenue growth and manageable debt levels position it well within the electric equipment sector, which is poised for expansion given India’s increasing focus on infrastructure and renewable energy. However, the inconsistencies in quarterly sales performance and moderate profitability margins raise valid concerns. Investors should be cautious of potential risks, such as market volatility that could impact order flows or operational challenges that might affect margins. Additionally, the high valuation metrics could pose a risk if earnings growth does not meet investor expectations. As such, potential investors should weigh these factors carefully, considering whether the company’s growth trajectory can sustain interest amidst a backdrop of fluctuating performance and limited institutional backing. Ultimately, while Marine Electricals appears to have a solid foundation, the path ahead may require vigilant monitoring of both operational efficiency and market conditions.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Kaycee Industries Ltd | 289 Cr. | 912 | 2,015/800 | 50.4 | 98.6 | 0.22 % | 30.6 % | 22.2 % | 10.0 |
| Modern Insulators Ltd | 698 Cr. | 148 | 186/77.4 | 13.5 | 106 | 0.00 % | 8.98 % | 7.36 % | 10.0 |
| Modison Ltd | 456 Cr. | 141 | 211/108 | 14.4 | 69.8 | 2.49 % | 15.5 % | 12.1 % | 1.00 |
| Evans Electric Ltd | 67.0 Cr. | 122 | 250/99.0 | 9.69 | 48.4 | 1.23 % | 40.8 % | 30.0 % | 10.0 |
| Epic Energy Ltd | 31.6 Cr. | 43.9 | 148/36.5 | 27.3 | 11.6 | 0.00 % | 14.2 % | 17.8 % | 10.0 |
| Industry Average | 11,802.18 Cr | 492.52 | 101.55 | 86.25 | 0.28% | 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: October 15, 2025, 4:52 am
| 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 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78 | 98 | 193 | 209 | 288 | 323 | 206 | 200 | 323 | 391 | 534 | 701 | 722 |
| Expenses | 70 | 87 | 175 | 189 | 263 | 305 | 189 | 177 | 296 | 356 | 486 | 638 | 659 |
| Operating Profit | 8 | 11 | 18 | 21 | 25 | 18 | 17 | 23 | 27 | 35 | 47 | 62 | 64 |
| OPM % | 10% | 11% | 9% | 10% | 9% | 6% | 8% | 11% | 8% | 9% | 9% | 9% | 9% |
| Other Income | 0 | 0 | 2 | 2 | 2 | 3 | 6 | 4 | 5 | 6 | 8 | 14 | 17 |
| Interest | 2 | 3 | 3 | 4 | 5 | 6 | 9 | 8 | 6 | 9 | 10 | 12 | 12 |
| Depreciation | 1 | 1 | 5 | 4 | 4 | 3 | 8 | 8 | 8 | 6 | 7 | 11 | 12 |
| Profit before tax | 5 | 7 | 13 | 15 | 18 | 11 | 6 | 11 | 18 | 26 | 38 | 54 | 57 |
| 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 | 44 |
| 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 | 3.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 31% | 0% | 0% | 9% | 10% |
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: December 4, 2025, 1:37 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 18 | 25 | 25 | 25 | 25 | 25 | 27 | 28 | 28 |
| Reserves | 8 | 13 | 33 | 42 | 57 | 100 | 101 | 109 | 120 | 155 | 196 | 349 | 371 |
| Borrowings | 19 | 19 | 28 | 31 | 33 | 43 | 39 | 48 | 29 | 55 | 76 | 34 | 32 |
| Other Liabilities | 36 | 39 | 45 | 67 | 168 | 114 | 129 | 116 | 106 | 138 | 220 | 223 | 213 |
| Total Liabilities | 80 | 89 | 124 | 157 | 277 | 280 | 294 | 298 | 280 | 372 | 519 | 635 | 644 |
| Fixed Assets | 32 | 31 | 37 | 42 | 26 | 31 | 46 | 39 | 38 | 39 | 46 | 48 | 56 |
| CWIP | 0 | 0 | 0 | 0 | 14 | 14 | 0 | 0 | 2 | 0 | 6 | 13 | 9 |
| Investments | 6 | 6 | 7 | 7 | 7 | 12 | 11 | 11 | 9 | 26 | 36 | 39 | 42 |
| Other Assets | 43 | 51 | 79 | 108 | 230 | 223 | 238 | 247 | 230 | 307 | 432 | 534 | 538 |
| Total Assets | 80 | 89 | 124 | 157 | 277 | 280 | 294 | 298 | 280 | 372 | 519 | 635 | 644 |
Below is a detailed analysis of the balance sheet data for Marine Electricals (India) Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 28.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 28.00 Cr..
- For Reserves, as of Sep 2025, the value is 371.00 Cr.. The value appears strong and on an upward trend. It has increased from 349.00 Cr. (Mar 2025) to 371.00 Cr., marking an increase of 22.00 Cr..
- For Borrowings, as of Sep 2025, the value is 32.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 34.00 Cr. (Mar 2025) to 32.00 Cr., marking a decrease of 2.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 213.00 Cr.. The value appears to be improving (decreasing). It has decreased from 223.00 Cr. (Mar 2025) to 213.00 Cr., marking a decrease of 10.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 644.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 635.00 Cr. (Mar 2025) to 644.00 Cr., marking an increase of 9.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 56.00 Cr.. The value appears strong and on an upward trend. It has increased from 48.00 Cr. (Mar 2025) to 56.00 Cr., marking an increase of 8.00 Cr..
- For CWIP, as of Sep 2025, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 13.00 Cr. (Mar 2025) to 9.00 Cr., marking a decrease of 4.00 Cr..
- For Investments, as of Sep 2025, the value is 42.00 Cr.. The value appears strong and on an upward trend. It has increased from 39.00 Cr. (Mar 2025) to 42.00 Cr., marking an increase of 3.00 Cr..
- For Other Assets, as of Sep 2025, the value is 538.00 Cr.. The value appears strong and on an upward trend. It has increased from 534.00 Cr. (Mar 2025) to 538.00 Cr., marking an increase of 4.00 Cr..
- For Total Assets, as of Sep 2025, the value is 644.00 Cr.. The value appears strong and on an upward trend. It has increased from 635.00 Cr. (Mar 2025) to 644.00 Cr., marking an increase of 9.00 Cr..
Notably, the Reserves (371.00 Cr.) exceed the Borrowings (32.00 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 | 28.00 |
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 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 2.83 | 2.02 | 1.38 | 1.06 | 1.05 |
| Diluted EPS (Rs.) | 2.81 | 2.02 | 1.36 | 1.06 | 1.05 |
| Cash EPS (Rs.) | 3.89 | 2.71 | 1.97 | 1.85 | 1.85 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 29.27 | 18.90 | 17.00 | 14.80 | 13.86 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 29.27 | 18.90 | 17.00 | 14.80 | 13.86 |
| Revenue From Operations / Share (Rs.) | 55.61 | 46.89 | 35.06 | 30.68 | 20.49 |
| PBDIT / Share (Rs.) | 5.95 | 4.44 | 3.41 | 2.94 | 2.85 |
| PBIT / Share (Rs.) | 4.82 | 3.66 | 2.77 | 2.18 | 2.11 |
| PBT / Share (Rs.) | 3.80 | 2.73 | 1.98 | 1.59 | 1.38 |
| Net Profit / Share (Rs.) | 2.76 | 1.93 | 1.33 | 1.08 | 1.10 |
| NP After MI And SOA / Share (Rs.) | 2.79 | 1.95 | 1.35 | 1.06 | 1.05 |
| PBDIT Margin (%) | 10.69 | 9.47 | 9.73 | 9.59 | 13.91 |
| PBIT Margin (%) | 8.66 | 7.80 | 7.90 | 7.10 | 10.28 |
| PBT Margin (%) | 6.82 | 5.81 | 5.66 | 5.17 | 6.73 |
| Net Profit Margin (%) | 4.96 | 4.11 | 3.79 | 3.53 | 5.38 |
| NP After MI And SOA Margin (%) | 5.01 | 4.16 | 3.83 | 3.44 | 5.13 |
| Return on Networth / Equity (%) | 9.51 | 10.33 | 8.15 | 7.43 | 7.91 |
| Return on Capital Employeed (%) | 15.15 | 16.86 | 14.47 | 14.11 | 14.18 |
| Return On Assets (%) | 5.30 | 4.20 | 3.64 | 3.47 | 3.36 |
| Long Term Debt / Equity (X) | 0.05 | 0.10 | 0.10 | 0.02 | 0.05 |
| Total Debt / Equity (X) | 0.12 | 0.38 | 0.31 | 0.20 | 0.29 |
| Asset Turnover Ratio (%) | 1.14 | 1.15 | 1.06 | 0.97 | 0.58 |
| Current Ratio (X) | 2.14 | 1.48 | 1.60 | 1.65 | 1.61 |
| Quick Ratio (X) | 1.86 | 1.20 | 1.32 | 1.22 | 1.21 |
| Inventory Turnover Ratio (X) | 6.36 | 6.36 | 4.39 | 3.60 | 2.16 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 18.90 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 10.98 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 81.10 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 89.02 | 0.00 |
| Interest Coverage Ratio (X) | 5.83 | 4.76 | 4.33 | 4.96 | 3.92 |
| Interest Coverage Ratio (Post Tax) (X) | 3.71 | 3.07 | 2.69 | 2.83 | 2.52 |
| Enterprise Value (Cr.) | 2164.14 | 1273.74 | 505.03 | 411.73 | 849.37 |
| EV / Net Operating Revenue (X) | 2.82 | 2.05 | 1.14 | 1.09 | 3.38 |
| EV / EBITDA (X) | 26.38 | 21.62 | 11.72 | 11.41 | 24.30 |
| MarketCap / Net Operating Revenue (X) | 2.82 | 1.92 | 1.02 | 1.01 | 3.21 |
| Retention Ratios (%) | 0.00 | 0.00 | 0.00 | 81.09 | 0.00 |
| Price / BV (X) | 5.36 | 4.77 | 2.17 | 2.17 | 4.95 |
| Price / Net Operating Revenue (X) | 2.82 | 1.92 | 1.02 | 1.01 | 3.21 |
| EarningsYield | 0.01 | 0.02 | 0.03 | 0.03 | 0.01 |
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 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 2.83. This value is below the healthy minimum of 5. It has increased from 2.02 (Mar 24) to 2.83, marking an increase of 0.81.
- For Diluted EPS (Rs.), as of Mar 25, the value is 2.81. This value is below the healthy minimum of 5. It has increased from 2.02 (Mar 24) to 2.81, marking an increase of 0.79.
- For Cash EPS (Rs.), as of Mar 25, the value is 3.89. This value is within the healthy range. It has increased from 2.71 (Mar 24) to 3.89, marking an increase of 1.18.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 29.27. It has increased from 18.90 (Mar 24) to 29.27, marking an increase of 10.37.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 29.27. It has increased from 18.90 (Mar 24) to 29.27, marking an increase of 10.37.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 55.61. It has increased from 46.89 (Mar 24) to 55.61, marking an increase of 8.72.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 5.95. This value is within the healthy range. It has increased from 4.44 (Mar 24) to 5.95, marking an increase of 1.51.
- For PBIT / Share (Rs.), as of Mar 25, the value is 4.82. This value is within the healthy range. It has increased from 3.66 (Mar 24) to 4.82, marking an increase of 1.16.
- For PBT / Share (Rs.), as of Mar 25, the value is 3.80. This value is within the healthy range. It has increased from 2.73 (Mar 24) to 3.80, marking an increase of 1.07.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 2.76. This value is within the healthy range. It has increased from 1.93 (Mar 24) to 2.76, marking an increase of 0.83.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 2.79. This value is within the healthy range. It has increased from 1.95 (Mar 24) to 2.79, marking an increase of 0.84.
- For PBDIT Margin (%), as of Mar 25, the value is 10.69. This value is within the healthy range. It has increased from 9.47 (Mar 24) to 10.69, marking an increase of 1.22.
- For PBIT Margin (%), as of Mar 25, the value is 8.66. This value is below the healthy minimum of 10. It has increased from 7.80 (Mar 24) to 8.66, marking an increase of 0.86.
- For PBT Margin (%), as of Mar 25, the value is 6.82. This value is below the healthy minimum of 10. It has increased from 5.81 (Mar 24) to 6.82, marking an increase of 1.01.
- For Net Profit Margin (%), as of Mar 25, the value is 4.96. This value is below the healthy minimum of 5. It has increased from 4.11 (Mar 24) to 4.96, marking an increase of 0.85.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.01. This value is below the healthy minimum of 8. It has increased from 4.16 (Mar 24) to 5.01, marking an increase of 0.85.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.51. This value is below the healthy minimum of 15. It has decreased from 10.33 (Mar 24) to 9.51, marking a decrease of 0.82.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.15. This value is within the healthy range. It has decreased from 16.86 (Mar 24) to 15.15, marking a decrease of 1.71.
- For Return On Assets (%), as of Mar 25, the value is 5.30. This value is within the healthy range. It has increased from 4.20 (Mar 24) to 5.30, marking an increase of 1.10.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.05. This value is below the healthy minimum of 0.2. It has decreased from 0.10 (Mar 24) to 0.05, marking a decrease of 0.05.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.12. This value is within the healthy range. It has decreased from 0.38 (Mar 24) to 0.12, marking a decrease of 0.26.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.14. It has decreased from 1.15 (Mar 24) to 1.14, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 2.14. This value is within the healthy range. It has increased from 1.48 (Mar 24) to 2.14, marking an increase of 0.66.
- For Quick Ratio (X), as of Mar 25, the value is 1.86. This value is within the healthy range. It has increased from 1.20 (Mar 24) to 1.86, marking an increase of 0.66.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.36. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 6.36.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.83. This value is within the healthy range. It has increased from 4.76 (Mar 24) to 5.83, marking an increase of 1.07.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.71. This value is within the healthy range. It has increased from 3.07 (Mar 24) to 3.71, marking an increase of 0.64.
- For Enterprise Value (Cr.), as of Mar 25, the value is 2,164.14. It has increased from 1,273.74 (Mar 24) to 2,164.14, marking an increase of 890.40.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.82. This value is within the healthy range. It has increased from 2.05 (Mar 24) to 2.82, marking an increase of 0.77.
- For EV / EBITDA (X), as of Mar 25, the value is 26.38. This value exceeds the healthy maximum of 15. It has increased from 21.62 (Mar 24) to 26.38, marking an increase of 4.76.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.82. This value is within the healthy range. It has increased from 1.92 (Mar 24) to 2.82, marking an increase of 0.90.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Price / BV (X), as of Mar 25, the value is 5.36. This value exceeds the healthy maximum of 3. It has increased from 4.77 (Mar 24) to 5.36, marking an increase of 0.59.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.82. This value is within the healthy range. It has increased from 1.92 (Mar 24) to 2.82, marking an increase of 0.90.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 24) to 0.01, 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
| Strength | 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: 4.96%
- 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: 15.15% (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%: 9.51% (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): 3.71
- 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: 1.86
- 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: 56.9 (Industry average Stock P/E: 101.55)
- 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: 0.12
- 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: 4.96%
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 13 December 2025) is 171.28 which is 15.63% lower the current market price of 203.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,799 Cr. market cap, FY2025-2026 high/low of 333/139, reserves of ₹371 Cr, and liabilities of 644 Cr.
What is the Market Cap of Marine Electricals (India) Ltd?
The Market Cap of Marine Electricals (India) Ltd is 2,799 Cr..
What is the current Stock Price of Marine Electricals (India) Ltd as on 13 December 2025?
The current stock price of Marine Electricals (India) Ltd as on 13 December 2025 is 203.
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 56.9.
What is the Book Value of Marine Electricals (India) Ltd?
The Book Value of Marine Electricals (India) Ltd is 28.9.
What is the Dividend Yield of Marine Electricals (India) Ltd?
The Dividend Yield of Marine Electricals (India) Ltd is 0.15 %.
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.
