company background image
MARINE logo

Marine Electricals (India) NSEI:MARINE Stock Report

Last Price

₹200.35

Market Cap

₹25.6b

7D

-9.0%

1Y

79.9%

Updated

30 Jan, 2025

Data

Company Financials

Marine Electricals (India) Limited

NSEI:MARINE Stock Report

Market Cap: ₹25.6b

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 Performance5/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

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₹200.35
52 Week High₹333.00
52 Week Low₹84.75
Beta0.58
1 Month Change-22.33%
3 Month Change-12.33%
1 Year Change79.93%
3 Year Change447.40%
5 Year Change932.73%
Change since IPO1,404.13%

Recent News & Updates

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

Jan 14
The Price Is Right For Marine Electricals (India) Limited (NSE:MARINE) Even After Diving 26%

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

Jan 12
Here's Why Marine Electricals (India) (NSE:MARINE) Can Manage Its Debt Responsibly

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

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

Recent updates

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

Jan 14
The Price Is Right For Marine Electricals (India) Limited (NSE:MARINE) Even After Diving 26%

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

Jan 12
Here's Why Marine Electricals (India) (NSE:MARINE) Can Manage Its Debt Responsibly

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

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

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

Aug 13
Revenues Not Telling The Story For Marine Electricals (India) Limited (NSE:MARINE) After Shares Rise 26%

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

Jul 05
Investors Will Want Marine Electricals (India)'s (NSE:MARINE) Growth In ROCE To Persist

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

May 22
Pinning Down Marine Electricals (India) Limited's (NSE:MARINE) P/E Is Difficult Right Now

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

Apr 04
Returns At Marine Electricals (India) (NSE:MARINE) Appear To Be Weighed Down

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

Feb 01
Here's Why Marine Electricals (India) (NSE:MARINE) Can Manage Its Debt Responsibly

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

Dec 28
Here's Why We Think Marine Electricals (India) (NSE:MARINE) Might Deserve Your Attention Today

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

Oct 14
Investors Could Be Concerned With Marine Electricals (India)'s (NSE:MARINE) Returns On Capital

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

Aug 10
Is Now The Time To Put Marine Electricals (India) (NSE:MARINE) On Your Watchlist?

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

Mar 15
Does Marine Electricals (India) (NSE:MARINE) Have A Healthy Balance Sheet?

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

Feb 17
Marine Electricals (India) (NSE:MARINE) Ticks All The Boxes When It Comes To Earnings Growth

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

Sep 27
These 4 Measures Indicate That Marine Electricals (India) (NSE:MARINE) Is Using Debt Safely

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

May 07
Returns On Capital Signal Tricky Times Ahead For Marine Electricals (India) (NSE:MARINE)

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

Dec 09
Here's What's Concerning About Marine Electricals (India)'s (NSE:MARINE) Returns On Capital

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

Jul 29
Capital Allocation Trends At Marine Electricals (India) (NSE:MARINE) Aren't Ideal

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

Jul 02
Marine Electricals (India) (NSE:MARINE) Has A Somewhat Strained Balance Sheet

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

Apr 16
Marine Electricals (India)'s (NSE:MARINE) Returns On Capital Not Reflecting Well On The Business

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

Mar 08
Marine Electricals (India) (NSE:MARINE) Seems To Use Debt Quite Sensibly

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

Feb 19
Do Its Financials Have Any Role To Play In Driving Marine Electricals (India) Limited's (NSE:MARINE) Stock Up Recently?

The Trends At Marine Electricals (India) (NSE:MARINE) That You Should Know About

Jan 02
The Trends At Marine Electricals (India) (NSE:MARINE) That You Should Know About

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

Dec 06
Marine Electricals (India) (NSE:MARINE) Has A Somewhat Strained Balance Sheet

Shareholder Returns

MARINEIN ElectricalIN Market
7D-9.0%-4.2%-1.4%
1Y79.9%24.0%5.8%

Return vs Industry: MARINE exceeded the Indian Electrical industry which returned 24% over the past year.

Return vs Market: MARINE exceeded the Indian Market which returned 5.8% over the past year.

Price Volatility

Is MARINE's price volatile compared to industry and market?
MARINE volatility
MARINE Average Weekly Movement8.0%
Electrical Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.3%

Stable Share Price: MARINE's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: MARINE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1978414Venkatesh 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 in two segments, Electricals and Electronics; and Solar. It offers power generation and distribution, navigation and communication, electrical propulsion, integrated platform management, information technology, and engineering and project management services, as well as turnkey electrical installations for the marine sector.

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₹25.62b
Earnings (TTM)₹374.98m
Revenue (TTM)₹7.06b

67.5x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MARINE income statement (TTM)
Revenue₹7.06b
Cost of Revenue₹5.25b
Gross Profit₹1.81b
Other Expenses₹1.44b
Earnings₹374.98m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.97
Gross Margin25.64%
Net Profit Margin5.31%
Debt/Equity Ratio20.7%

How did MARINE perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

10%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 16:56
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

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.

AnalystInstitution