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Marine Electricals (India) LimitedNSEI:MARINE Stock Report

Market Cap ₹34.5b
Share Price
₹248.85
₹2.73
9.0k% overvalued intrinsic discount
1Y5.4%
7D-7.5%
1D
Portfolio Value
View

Marine Electricals (India) Limited

NSEI:MARINE Stock Report

Market Cap: ₹34.5b

Marine Electricals (India) (MARINE) Stock Overview

Manufactures and sells various marine and industrial electrical and electronic components in India and internationally. More details

MARINE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

MARINE Community Fair Values

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Marine Electricals (India) Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Marine Electricals (India)
Historical stock prices
Current Share Price₹248.85
52 Week High₹282.48
52 Week Low₹150.86
Beta1.08
1 Month Change8.54%
3 Month Change29.78%
1 Year Change5.37%
3 Year Change391.31%
5 Year Change246.83%
Change since IPO1,768.24%

Recent News & Updates

Analysis Article Jun 04

Marine Electricals (India)'s (NSE:MARINE) Earnings Are Weaker Than They Seem

Unsurprisingly, Marine Electricals (India) Limited's ( NSE:MARINE ) stock price was strong on the back of its healthy...
Analysis Article Apr 28

Does Marine Electricals (India) (NSE:MARINE) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Recent updates

Analysis Article Jun 04

Marine Electricals (India)'s (NSE:MARINE) Earnings Are Weaker Than They Seem

Unsurprisingly, Marine Electricals (India) Limited's ( NSE:MARINE ) stock price was strong on the back of its healthy...
Analysis Article Apr 28

Does Marine Electricals (India) (NSE:MARINE) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 06

Returns On Capital Are Showing Encouraging Signs At Marine Electricals (India) (NSE:MARINE)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Sep 20

Market Participants Recognise Marine Electricals (India) Limited's (NSE:MARINE) Earnings Pushing Shares 26% Higher

Marine Electricals (India) Limited ( NSE:MARINE ) shareholders would be excited to see that the share price has had a...
Analysis Article Apr 17

Marine Electricals (India) Limited (NSE:MARINE) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable

Marine Electricals (India) Limited ( NSE:MARINE ) shareholders are no doubt pleased to see that the share price has...
Analysis Article Mar 22

Does Marine Electricals (India) (NSE:MARINE) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 01

Marine Electricals (India)'s (NSE:MARINE) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Mar 01

Marine Electricals (India) Limited's (NSE:MARINE) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

To the annoyance of some shareholders, Marine Electricals (India) Limited ( NSE:MARINE ) shares are down a considerable...
Analysis Article Jan 14

The Price Is Right For Marine Electricals (India) Limited (NSE:MARINE) Even After Diving 26%

Marine Electricals (India) Limited ( NSE:MARINE ) shareholders won't be pleased to see that the share price has had a...
Analysis Article Jan 12

Here's Why Marine Electricals (India) (NSE:MARINE) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 27

Marine Electricals (India) Limited's (NSE:MARINE) 27% Price Boost Is Out Of Tune With Revenues

Those holding Marine Electricals (India) Limited ( NSE:MARINE ) shares would be relieved that the share price has...
Analysis Article Aug 13

Revenues Not Telling The Story For Marine Electricals (India) Limited (NSE:MARINE) After Shares Rise 26%

Marine Electricals (India) Limited ( NSE:MARINE ) shares have continued their recent momentum with a 26% gain in the...
Analysis Article Jul 05

Investors Will Want Marine Electricals (India)'s (NSE:MARINE) Growth In ROCE To Persist

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article May 22

Pinning Down Marine Electricals (India) Limited's (NSE:MARINE) P/E Is Difficult Right Now

With a price-to-earnings (or "P/E") ratio of 78.6x Marine Electricals (India) Limited ( NSE:MARINE ) may be sending...
Analysis Article Apr 04

Returns At Marine Electricals (India) (NSE:MARINE) Appear To Be Weighed Down

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Feb 01

Here's Why Marine Electricals (India) (NSE:MARINE) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 28

Here's Why We Think Marine Electricals (India) (NSE:MARINE) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Oct 14

Investors Could Be Concerned With Marine Electricals (India)'s (NSE:MARINE) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Aug 10

Is Now The Time To Put Marine Electricals (India) (NSE:MARINE) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 15

Does Marine Electricals (India) (NSE:MARINE) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 17

Marine Electricals (India) (NSE:MARINE) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 27

These 4 Measures Indicate That Marine Electricals (India) (NSE:MARINE) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 07

Returns On Capital Signal Tricky Times Ahead For Marine Electricals (India) (NSE:MARINE)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 09

Here's What's Concerning About Marine Electricals (India)'s (NSE:MARINE) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Jul 29

Capital Allocation Trends At Marine Electricals (India) (NSE:MARINE) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Jul 02

Marine Electricals (India) (NSE:MARINE) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 16

Marine Electricals (India)'s (NSE:MARINE) Returns On Capital Not Reflecting Well On The Business

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Mar 08

Marine Electricals (India) (NSE:MARINE) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 19

Do Its Financials Have Any Role To Play In Driving Marine Electricals (India) Limited's (NSE:MARINE) Stock Up Recently?

Marine Electricals (India) (NSE:MARINE) has had a great run on the share market with its stock up by a significant 69...

Shareholder Returns

MARINEIN ElectricalIN Market
7D-7.5%-2.1%-1.9%
1Y5.4%28.9%-2.0%

Return vs Industry: MARINE underperformed the Indian Electrical industry which returned 28.9% over the past year.

Return vs Market: MARINE exceeded the Indian Market which returned -2% over the past year.

Price Volatility

Is MARINE's price volatile compared to industry and market?
MARINE volatility
MARINE Average Weekly Movement8.2%
Electrical Industry Average Movement8.2%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.2%
10% least volatile stocks in IN Market4.8%

Stable Share Price: MARINE has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: MARINE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978622Venkatesh Uchilwww.marineelectricals.com

Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. The company operates through Marine and Industry segments. It provides marine and defence solutions that offer power generation and distribution solutions, including main switch boards, automated power management systems, motor control centers/group starter panels/local starter panels, distribution boards, battery charger/transformer rectifier units, and navigation light control panels; internal communication systems comprising automatic telephone, self-powered telephone, public address-general alarm, sound reception, and talk-back systems; electrical and hybrid propulsion systems consisting of battery energy storage systems, air- and liquid-cooled drive systems, and motors and alternators; marine LED lights, such as automatic emergency lanterns, flush mounted lights/cabin, flood lights/hanger, pendant, explosion proof pendant, red pendant, weather deck, bilge, tube, bunk, and engine room lights; ancillary systems that include addressable flood alarm systems, wind speed and direction systems, all weather observation systems, data distribution units, and auto transfer switches; and marine motors that comprises brake, SPDP, FLP, winged, dual speed and three speed, salvage pump, and canned motors.

Marine Electricals (India) Limited Fundamentals Summary

How do Marine Electricals (India)'s earnings and revenue compare to its market cap?
MARINE fundamental statistics
Market cap₹34.51b
Earnings (TTM)₹583.69m
Revenue (TTM)₹8.77b
58.8x
P/E Ratio
3.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MARINE income statement (TTM)
Revenue₹8.77b
Cost of Revenue₹6.19b
Gross Profit₹2.58b
Other Expenses₹2.00b
Earnings₹583.69m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.23
Gross Margin29.41%
Net Profit Margin6.66%
Debt/Equity Ratio16.8%

How did MARINE perform over the long term?

See historical performance and comparison

Dividends

0.1%
Current Dividend Yield
11%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 14:34
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Marine Electricals (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.