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Marine Electricals (India) Ltd share price logo

Marine Electricals (India) Ltd Share Price

(MARINE)

₹234.4▲3.99%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Marine Electricals (India) Ltd Performance

  • Day's Low

    Day's High

    ₹233.5
    Day's Price Range
    ₹247.45

  • 52 Week's Low

    52 Week's High

    ₹84.75
    52-Week Price Range
    ₹333
1 Month Return-21.33 %
3 Month Return+ 5.77 %
1 Year Return+ 144.42 %
Previous Close₹244.15
Open₹246.00
Volume98.05K
Upper Circuit-
Lower Circuit-
Market Cap₹3,233.42Cr

Marine Electricals (India) Ltd Key Statistics

P/E Ratio82.25
PEG Ratio65.27
Market Cap₹3,233.42 Cr
P/B Ratio5.45
EPS1.33
Dividend Yield0
SectorCapital Goods - Electrical Equipment
ROE14.08

Marine Electricals (India) Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Marine Electricals (India) Ltd
Marine Electricals (India) Ltd
NA₹3,233.42 Cr216.77%0.63₹16 Cr₹442 Cr
Marsons Ltd
Marsons Ltd
NA₹3,071.12 Cr1379.61%0.69NANA
Amba Enterprises Ltd
Amba Enterprises Ltd
NA₹278.15 Cr361.75%0.63NANA
Inox Wind Ltd
Inox Wind Ltd
BUY₹21,678.18 Cr290.49%0.78-₹53 Cr₹1,743 Cr
IKIO Lighting Ltd
IKIO Lighting Ltd
NA₹1,744.61 Cr-8.82%0.51₹60 Cr₹437 Cr
See all

About Marine Electricals (India) Ltd

Late Mr. Krishnappa Uchil started a Proprietary business in 1978 to manufacture switch gears for the Indian Navy. After his death in 2004, his family took over the business and transformed it into Marine Electricals India Private Limited in December 2007. In August 2018, the firm was further converted to a public limited company, Marine Electricals India Limited and has grown into an integrated electrical and automation solution provider for different industries, such as marine, commercial shipbuilding and non-marine, with data centre building management systems, industrial, and more services. The company is in business relationships with Schneider Electric, Siemens and GE, and has also entered into an agreement with NLC India Limited to provide solar power evacuation system, venturing into the renewable energy segment. Manufacturing facilities of the company are certified as per ISO 9001, ISO 14001, and OHSAS 18001, respectively.

Share Price: ₹234.40 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹3,233.42Cr as of today
Revenue: ₹184.10Cr as on September 2024 (Q3 24)
Net Profit: ₹12.76Cr as on September 2024 (Q3 24)
Listing date: 11 Oct, 2018
Chairperson Name: Vinay K Uchil
OrganisationMarine Electricals (India) Ltd
Headquarters
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for Marine Electricals (India) Ltd

  • Marine Electricals Secures Export Order and Reports Growth - 23 Dec, 2024

    Marine Electricals (India) Limited has secured an export order worth ₹8.56 crore for HT panels. The company reports significant growth, with a 34.31% revenue increase and a 260% rise in net profit year-over-year. Its order book has expanded, indicating strong performance in both marine and industrial sectors.

  • Marine Electricals Hits Upper Circuit Limit After Strong Q2 Results - 09 Dec, 2024

    Marine Electricals (India) Limited shares reached a 10% upper circuit limit at ₹303.80 following a strong Q2FY25 report, with net profit rising 166.9% to ₹12.68 crore and revenue increasing 34.1% to ₹184.10 crore.

  • Marine Electric Reports Strong Growth in Q3 2024 - 28 Nov, 2024

    Marine Electric reported a 34.06% increase in net sales to Rs 184.10 crore for September 2024. Net profit surged 171.95% to Rs 12.72 crore, while EBITDA rose 98.9%. The EPS increased to Rs 0.95. The stock has delivered impressive returns of 148.46% over the last six months and 171.64% over the past year.

  • Marine Electricals Secures Major Orders, Stock Surges - 26 Nov, 2024

    Marine Electricals (India) Ltd received significant orders totaling Rs 12.93 crore from Cochin Shipyard and Adani Group, leading to a stock price increase of over 5%. The company has also reported impressive revenue and profit growth, with multibagger returns over the past year.

  • Marine Electricals Secures Major Orders, Stock Surges - 25 Nov, 2024

    Marine Electricals (India) Limited received orders totaling ₹12.93 crore from Cochin Shipyard and Adani Group. The stock hit a 5% upper circuit limit, reflecting strong revenue growth and positive market sentiment.

Insights on Marine Electricals (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MARINE has outperformed top 5 stocks with highest market-cap in Electronic Equipment & Parts

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 7.13 Cr → 12.72 Cr (in ₹), with an average increase of 44.0% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MARINE has outperformed top 5 stocks with highest market-cap in Electronic Equipment & Parts

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 141.52 Cr → 186.23 Cr (in ₹), with an average increase of 24.0% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.15% to 0.25% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.17% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 28.56% to 28.50% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, MARINE stock has moved down by -26.5%

Marine Electricals (India) Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹137.32Cr (-)₹146.65Cr (↑6.79%)₹237.08Cr (↑61.66%)₹138.46Cr (↓41.60%)₹184.10Cr (↑32.96%)
Net Income₹4.75Cr (-)₹5.32Cr (↑12.00%)₹12.18Cr (↑128.95%)₹7.05Cr (↓42.12%)₹12.76Cr (↑80.99%)
Net Profit Margin3.46% (-)3.63% (↑4.91%)5.14% (↑41.60%)5.09% (↓0.97%)6.93% (↑36.15%)
Value in ₹ crore
Details2021202220232024
Total Assets₹299.01Cr (-)₹280.36Cr (↓6.24%)₹373.20Cr (↑33.11%)₹519.75Cr (↑39.27%)
Total Liabilities₹165.14Cr (-)₹136.20Cr (↓17.52%)₹193.12Cr (↑41.79%)₹297.00Cr (↑53.79%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹21.38Cr (-)-₹2.89Cr (↓113.52%)₹37.98Cr (↓1,414.19%)-₹6.18Cr (↓116.27%)₹1.12Cr (↓118.12%)

Marine Electricals (India) Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.17%
0.00
Foreign Institutions
0.25%
61.85
Mutual Funds
0%
0.00
Retail Investors
28.5%
-0.20
Others
0.08%
-33.42

Marine Electricals (India) Ltd Key Indicators

Details20202021202220232024
Return On Equity %3.86.048.9712.0314.08
Details20192020202120222023
Return On Assets %3.271.94.314.634.56
Details20192020202120222023
Book Value Per Share (₹)12.612.1213.1514.0715.9
Details20192020202120222023
Earning Per Share (₹)0.750.481.11.081.33

Marine Electricals (India) Ltd Valuation

Marine Electricals (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (19.72x)

December 9, 2021

Today (82.25x)

January 17, 2025

Industry (127.76x)

January 17, 2025

Highest (141.22x)

December 29, 2020

LowHigh

Marine Electricals (India) Ltd Earnings and Dividends

  • Marine Electricals (India) Ltd Earnings Results

    Marine Electricals (India) Ltd’s net profit jumped 171.79% since last year same period to ₹12.72Cr in the Q2 2024-2025. On a quarterly growth basis, Marine Electricals (India) Ltd has generated 78.4% jump in its net profits since last 3-months.

    Read More about Earnings Results

  • Marine Electricals (India) Ltd Dividends August,2024

    In the quarter ending June 2024, Marine Electricals (India) Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.09%.

    Read More about Dividends

Marine Electricals (India) Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Marine Electricals (India) Ltd is currently in a Bearish trading position according to technical analysis indicators.

More on Technical Analysis

FAQs on Marine Electricals (India) Ltd

Marine Electricals (India) Ltd share price today stands at ₹234.4, Open. ₹246 ; Previous Close. ₹244.15 ; High. ₹247.45 ; Low. ₹233.5 ; 52 Week High. ₹333 ; 52 Week Low: ₹84.75.

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Marine Electricals (India) Ltd is listed on NSE

Marine Electricals (India) Ltd is not listed on BSE

  • Today’s highest price of Marine Electricals (India) Ltd is ₹247.45.
  • Today’s lowest price of Marine Electricals (India) Ltd is ₹233.5.

PE Ratio of Marine Electricals (India) Ltd is 82.25

PE ratio = Marine Electricals (India) Ltd Market price per share / Marine Electricals (India) Ltd Earnings per share

Today’s traded volume of Marine Electricals (India) Ltd(MARINE) is 98.05K.

Today’s market capitalisation of Marine Electricals (India) Ltd(MARINE) is ₹3233.42Cr.

Marine Electricals (India) Ltd(MARINEPrice
52 Week High
₹333
52 Week Low
₹84.75

Marine Electricals (India) Ltd(MARINE) share price is ₹234.4. It is down -29.61% from its 52 Week High price of ₹333

Marine Electricals (India) Ltd(MARINE) share price is ₹234.4. It is up 176.58% from its 52 Week Low price of ₹84.75

Marine Electricals (India) Ltd(MARINEReturns
1 Day Returns
-9.75%
1 Month Returns
-21.33%
3 Month Returns
5.77%
1 Year Returns
144.42%