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Marine Electricals (India) Ltd share price logo

Marine Electricals (India) Ltd

(MARINE)

₹265.351.24%

as on 04:01PM, 02 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Marine Electricals (India) Ltd Performance

  • Day's Low

    Day's High

    ₹255.45
    ₹268
  • 52 Week's Low

    52 Week's High

    ₹84.2
    ₹308
1 Month Return+ 20.46 %
3 Month Return+ 1.76 %
1 Year Return+ 192.67 %
Previous Close₹262.09
Open₹259.95
Volume5.14L
Upper Circuit-
Lower Circuit-
Market Cap₹3,615.39Cr

Marine Electricals (India) Ltd Key Statistics

P/E Ratio91.96
PEG Ratio72.99
Market Cap₹3,615.39 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
NA₹3,615.39 Cr242.35%0.63₹16 Cr₹442 Cr
NA₹1,034.47 Cr51.3%0.58NANA
NA₹1,976.96 Cr26.77%0.61₹26 Cr₹412 Cr
NA₹34.29 Cr27.1%0.74-₹1 Cr₹25 Cr
NA₹2,414.95 Cr64.53%0.56-₹51 Cr₹130 Cr

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: ₹265.35 per share as on 02 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,615.39Cr 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 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.
  • Marine Electricals Reports Strong Q3 Growth - 14 Nov, 2024

    Marine Electricals (India) Ltd reported a 36.29% increase in net sales to Rs 165.47 crore for September 2024, with net profit rising 96.3% to Rs 9.71 crore. EBITDA also grew by 74.26%. The company's shares have delivered impressive returns of 137.36% over the last six months and 169.49% over the past year.
  • Marine Electricals Stock Surges on Strong Q2 Results - 13 Nov, 2024

    Marine Electricals stock surged 5% to ₹237.83 after reporting a 160% YoY increase in net profit for Q2FY24, reaching ₹13 crore. Revenue rose 34.07% YoY to ₹184 crore, with operating margins improving to 12%. The stock has delivered a 169% return over the past year.

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

    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 3 Years

    img

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

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MARINE stock has moved up by 14.1%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

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

  • 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

    Best in 1 Year

    img

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

  • 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

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%)
0

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

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
Details20202021202220232024
Return On Equity %3.86.048.9712.0314.08

Marine Electricals (India) Ltd Valuation

Marine Electricals (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (19.72x)

December 9, 2021

Today (91.96x)

November 29, 2024

Industry (141.77x)

November 29, 2024

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 0.08%.

    Read More about Dividends

Marine Electricals (India) Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

FAQs on Marine Electricals (India) Ltd

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Marine Electricals (India) Ltd (MARINE) share price today is ₹265.35

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 ₹268.
  • Today’s lowest price of Marine Electricals (India) Ltd is ₹255.45.

PE Ratio of Marine Electricals (India) Ltd is 91.96

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 5.14L.

Today’s market capitalisation of Marine Electricals (India) Ltd(MARINE) is ₹3615.39Cr.

Marine Electricals (India) Ltd(MARINEPrice
52 Week High
₹308
52 Week Low
₹84.2

Marine Electricals (India) Ltd(MARINE) share price is ₹265.35. It is down -13.85% from its 52 Week High price of ₹308

Marine Electricals (India) Ltd(MARINE) share price is ₹265.35. It is up 215.14% from its 52 Week Low price of ₹84.2

Marine Electricals (India) Ltd(MARINEReturns
1 Day Returns
3.26%
1 Month Returns
20.46%
3 Month Returns
1.76%
1 Year Returns
192.67%