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Marine Electricals (India) Ltd

MARINE Share Price

205.270.08% (+0.17)
High
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1D
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1D
1W
1M
1Y
5Y
Max
SIP
Industrials
Electrical Components & Equipments
Smallcap

With a market cap of ₹2,723 cr, stock is ranked 1,017

High Risk

Stock is 4.19x as volatile as Nifty

MARINE Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Industrials
Electrical Components & Equipments
Smallcap

With a market cap of ₹2,723 cr, stock is ranked 1,017

High Risk

Stock is 4.19x as volatile as Nifty

MARINE Performance & Key Metrics

MARINE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
70.8410.66—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.076.440.60%

MARINE Analyst Ratings & Forecast

—
Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

MARINE Company Profile

Marine Electricals is an integrated electrical and automation solution provider

MARINE Similar Stocks (Peers)

Compare with peers Compare with peers 

MARINE Similar Stocks (Peers)

Compare with peers Compare with peers 
Polycab India Ltd
POLYCAB
PE Ratio
50.04
50.04
1Y Return
4.06%
4.06%
Buy Reco %
84.62
84.62
Havells India Ltd
HAVELLS
PE Ratio
64.89
64.89
1Y Return
20.68%
20.68%
Buy Reco %
75.76
75.76
Kaynes Technology India Ltd
KAYNES
PE Ratio
139.71
139.71
1Y Return
47.47%
47.47%
Buy Reco %
45.00
45.00
Apar Industries Ltd
APARINDS
PE Ratio
43.08
43.08
1Y Return
0.27%
0.27%
Buy Reco %
100.00
100.00
V Guard Industries Ltd
VGUARD
PE Ratio
54.44
54.44
1Y Return
15.34%
15.34%
Buy Reco %
76.47
76.47
Compare with Peers

MARINE Forecast

MARINE Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

MARINE

MARINE

Income

Balance Sheet

Cash Flow

MARINE Income Statement

MARINE Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 23.74%, vs industry avg of 17.79%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.6% to 0.74%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 46.93%, vs industry avg of 19.54%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue273.65371.78403.78269.00259.02381.18447.38629.41780.44780.52
Raw Materialssubtract179.14296.10322.19204.59176.77281.06313.02495.77698.39698.46
Power & Fuel Costsubtract0.000.911.031.050.781.031.411.72
Employee Costsubtract14.8827.9628.8330.5825.3430.8334.5045.02
Selling & Administrative Expensessubtract1.2714.8817.7613.4910.5114.8024.9930.44
Operating & Other expensessubtract50.77-2.497.88-9.0910.6617.4030.36-2.60
Depreciation/Amortizationsubtract5.155.234.869.639.129.358.0810.3715.5715.57
Interest & Other Itemssubtract4.946.528.3711.048.937.289.9412.3814.0814.07
Taxes & Other Itemssubtract7.276.903.652.104.016.468.0810.4113.9813.98
EPS0.240.360.170.090.351.061.372.002.832.90
DPS0.000.000.000.000.200.000.000.200.000.20
Payout ratio0.000.000.000.000.570.000.000.100.000.07
See Costs

MARINE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022FY 2022

Annual Report Pending

Investor Presentation

Jun 14PDF
Aug 16PDF
FY 2021FY 2021

Annual Report Unavailable

Investor Presentation

Jun 9PDF
Feb 23PDF
Sep 29PDF
 

MARINE Stock Peers

MARINE Past Performance & Peer Comparison

MARINE Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

Valuation

Technical

Forecast

ScreenerCompare valuation-basic on Screener

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Marine Electricals (India) Ltd70.8810.66—
Polycab India Ltd50.0410.200.52%
Havells India Ltd64.8911.450.66%
Kaynes Technology India Ltd139.7116.48—

MARINE Stock Price Comparison

Compare MARINE with any stock or ETF
Compare MARINE with any stock or ETF
MARINE
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MARINE Holdings

MARINE Shareholdings

MARINE Promoter Holdings Trend

MARINE Promoter Holdings Trend

Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 2.72%

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MARINE Institutional Holdings Trend

MARINE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

MARINE Shareholding Pattern

MARINE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding68.45%0.00%0.04%0.15%31.35%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

MARINE Shareholding History

MARINE Shareholding History

FebMarJunSepDec '24Mar0.00%0.02%0.15%0.25%0.96%0.15%

MARINE Insider Trades & Bulk Stock Deals

MARINE Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing MARINE stock

smallcases containing MARINE stock

Looks like this stock is not in any smallcase yet.

MARINE Events

MARINE Events

MARINE Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

MARINE Dividend Trend

No dividend trend available

MARINE Upcoming Dividends

MARINE Upcoming Dividends

No upcoming dividends are available

MARINE Past Dividends

MARINE Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹0.20

Dividend/Share

₹0.20

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateSep 20, 2021

Final
Final | Div/Share: ₹0.20

Dividend/Share

₹0.20

Ex DateEx Date

Sep 20, 2021

MARINE Stock News & Opinions

MARINE Stock News & Opinions

Spotlight
Marine Electricals rises after securing Rs 60 cr power system contracts

The first order comes from ACG Universal Capsules for the supply, installation, testing, and commissioning of a power distribution system, with delivery scheduled over 6'7 months. The second contract was awarded by Agratas Energy Storage Solutions for supply and supervision during installation, testing, and commissioning, also to be delivered over a period of 6'7 months. The third order was received from DC Development Hyderabad for testing and commissioning services, with execution to be completed within 3 months. Marine Electricals is a one-stop shop for electrical and communication needs. They design, build, and install systems that improve efficiency and sustainability for their clients and their clients' customers. On a consolidated basis, Marine Electricals (India) reported a 5% decline in net profit to Rs 12.82 crore in Q4 FY25, despite a 11.4% rise in net sales to Rs 224.99 crore, compared to the same quarter last year.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Marine Electricals (India) consolidated net profit rises 5.60% in the March 2025 quarter

Net profit of Marine Electricals (India) rose 5.60% to Rs 13.38 crore in the quarter ended March 2025 as against Rs 12.67 crore during the previous quarter ended March 2024. Sales rose 5.76% to Rs 250.74 crore in the quarter ended March 2025 as against Rs 237.08 crore during the previous quarter ended March 2024. For the full year,net profit rose 48.38% to Rs 38.43 crore in the year ended March 2025 as against Rs 25.90 crore during the previous year ended March 2024. Sales rose 23.30% to Rs 767.10 crore in the year ended March 2025 as against Rs 622.12 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales250.74237.08 6 767.10622.12 23 OPM %8.938.63 -8.968.32 - PBDT22.8220.26 13 67.9846.69 46 PBT18.4517.01 8 52.4136.32 44 NP13.3812.67 6 38.4325.90 48 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Marine Electricals (India) to discuss results

Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Marine Electricals (India) consolidated net profit rises 4.22% in the December 2024 quarter

Net profit of Marine Electricals (India) rose 4.22% to Rs 5.19 crore in the quarter ended December 2024 as against Rs 4.98 crore during the previous quarter ended December 2023. Sales rose 32.15% to Rs 193.80 crore in the quarter ended December 2024 as against Rs 146.65 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales193.80146.65 32 OPM %5.917.83 - PBDT12.169.48 28 PBT8.026.93 16 NP5.194.98 4 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Marine Electricals (India) schedules board meeting

Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Marine Electricals (India) to table results

Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

8 months agoCapital Market - Live
Corporate
Board of Marine Electricals (India) recommends final dividend

Marine Electricals (India) announced that the Board of Directors of the Company at its meeting held on 12 August 2024, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

10 months agoCapital Market - Live
Corporate
Marine Electricals (India) to conduct AGM

Marine Electricals (India) announced that the 17th Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

10 months agoCapital Market - Live
Earnings
Marine Electricals (India) consolidated net profit rises 99.16% in the June 2024 quarter

Net profit of Marine Electricals (India) rose 99.16% to Rs 7.13 crore in the quarter ended June 2024 as against Rs 3.58 crore during the previous quarter ended June 2023. Sales rose 36.99% to Rs 138.46 crore in the quarter ended June 2024 as against Rs 101.07 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales138.46101.07 37 OPM %9.649.60 - PBDT13.057.76 68 PBT9.705.57 74 NP7.133.58 99 Powered by Capital Market - Live

10 months agoCapital Market - Live
Corporate
Marine Electricals (India) announces board meeting date

Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

10 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Marine Electricals (India) Ltd (MARINE) today?

    The share price of MARINE as on 9th July 2025 is ₹205.27. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Marine Electricals (India) Ltd (MARINE) share?

    The past returns of Marine Electricals (India) Ltd (MARINE) share are
    • Past 1 week: -2.26%
    • Past 1 month: -14.72%
    • Past 3 months: 21.20%
    • Past 6 months: -13.59%
    • Past 1 year: -0.87%
    • Past 3 years: 657.45%
    • Past 5 years: 420.99%

  3. What are the peers or stocks similar to Marine Electricals (India) Ltd (MARINE)?

    The peers or stocks similar to Marine Electricals (India) Ltd (MARINE) include:

  4. What is the market cap of Marine Electricals (India) Ltd (MARINE) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Marine Electricals (India) Ltd (MARINE) is ₹2723.22 Cr as of 9th July 2025.

  5. What is the 52 week high and low of Marine Electricals (India) Ltd (MARINE) share?

    The 52-week high of Marine Electricals (India) Ltd (MARINE) is ₹333 and the 52-week low is ₹138.90.

  6. What is the PE and PB ratio of Marine Electricals (India) Ltd (MARINE) stock?

    The P/E (price-to-earnings) ratio of Marine Electricals (India) Ltd (MARINE) is 70.88. The P/B (price-to-book) ratio is 10.66.

  7. Which sector does Marine Electricals (India) Ltd (MARINE) belong to?

    Marine Electricals (India) Ltd (MARINE) belongs to the Industrials sector & Electrical Components & Equipments sub-sector.

  8. How to buy Marine Electricals (India) Ltd (MARINE) shares?

    You can directly buy Marine Electricals (India) Ltd (MARINE) shares on Tickertape. Simply sign up, connect your demat account and place your order.