company background image
MARINE logo

Marine Electricals (India) NSEI:MARINE Stock Report

Last Price

₹233.09

Market Cap

₹29.4b

7D

-0.2%

1Y

207.5%

Updated

18 Oct, 2024

Data

Company Financials

Marine Electricals (India) Limited

NSEI:MARINE Stock Report

Market Cap: ₹29.4b

MARINE Stock Overview

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

MARINE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for MARINE from our risk checks.

Marine Electricals (India) Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Marine Electricals (India)
Historical stock prices
Current Share Price₹233.09
52 Week High₹308.00
52 Week Low₹65.05
Beta0.55
11 Month Change-3.10%
3 Month Change-11.57%
1 Year Change207.51%
33 Year Change603.14%
5 Year Change1,065.45%
Change since IPO1,649.92%

Recent News & Updates

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

Recent updates

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-0.2%-2.3%-0.9%
1Y207.5%91.0%39.7%

Return vs Industry: MARINE exceeded the Indian Electrical industry which returned 90.4% over the past year.

Return vs Market: MARINE exceeded the Indian Market which returned 38.5% over the past year.

Price Volatility

Is MARINE's price volatile compared to industry and market?
MARINE volatility
MARINE Average Weekly Movement7.3%
Electrical Industry Average Movement6.6%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market3.9%

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 (7%) has been stable over the past year.

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₹29.44b
Earnings (TTM)₹294.53m
Revenue (TTM)₹6.60b

100.0x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MARINE income statement (TTM)
Revenue₹6.60b
Cost of Revenue₹5.00b
Gross Profit₹1.60b
Other Expenses₹1.30b
Earnings₹294.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.33
Gross Margin24.23%
Net Profit Margin4.47%
Debt/Equity Ratio38.0%

How did MARINE perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

10%

Payout Ratio

Does MARINE pay a reliable dividends?

See MARINE dividend history and benchmarks
When do you need to buy MARINE by to receive an upcoming dividend?
Marine Electricals (India) dividend dates
Ex Dividend DateSep 20 2024
Dividend Pay DateOct 27 2024
Days until Ex dividend30 days
Days until Dividend pay date7 days

Does MARINE pay a reliable dividends?

See MARINE dividend history and benchmarks