Marine Electricals (India) Ltd (MARINE)
₹260.11
Performance
Day's Low
Day's High
₹252.1₹276.0752 Week's Low
52 Week's High
₹55.1₹277.47
| Returns % | |
| 1 Month Return | + 71.11 % |
| 3 Month Return | + 171.06 % |
| 1 Year Return | + 311.15 % |
| Market Stats | |
| Previous Close | ₹262.93 |
| Open | ₹262.93 |
| Volume | 12.21L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,488.17Cr |
Key Statistics
| P/E Ratio | 130.81 |
| PEG Ratio | 210.99 |
| Market Cap | ₹3,488.17 Cr |
| P/B Ratio | 2.62 |
| EPS | 1.33 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹3,488.17 Cr | 236.27% | 0.62 | ₹16 Cr | ₹442 Cr |
 | NA | ₹1,212.24 Cr | 1084.04% | 0.82 | NA | NA |
 | NA | ₹2,959.17 Cr | 695.51% | 0.74 | ₹8 Cr | ₹253 Cr |
 | NA | ₹274.16 Cr | 461.22% | 0.56 | NA | NA |
 | NA | ₹1,524.03 Cr | 132.02% | 0.70 | ₹39 Cr | ₹1,037 Cr |
Company Information
Share Price: ₹260.11 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,488.17Cr as of today
Revenue: ₹237.08Cr as on March 2024 (Q1 24)
Net Profit: ₹12.18Cr as on March 2024 (Q1 24)
Listing date: 11 Oct, 2018
Chairperson Name: Vinay K Uchil
| Organisation | Marine Electricals (India) Ltd |
| Headquarters | |
| Industry | Capital Goods - Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Marine Electricals (India) Ltd
Marine Electricals (India) Ltd Shares Locked in Upper Circuit on L&T Shipbuilding Order - 23 Jul, 2024
Shares of Marine Electricals (India) Ltd surged 5% after receiving a Rs. 20.40 crore order from L&T Shipbuilding, with the stock delivering over 70% returns to shareholders in one month. The company's financial statements show revenue jumped by 62% and net profits zoomed by 129% between December 2023 and March 2024 quarters. Key customers include BHEL, HSL, SCI, Viking, Abu Dhabi shipping building, TATA Communication, IBM, Cipla, Lodha.
Marine Electricals Secures ₹31.85 Crore Contract from Ministry of Defence - 14 Jul, 2024
Marine Electricals has secured a contract worth ₹31.85 crore from the Ministry of Defence to supply 6 integrated bridge systems designed for TEG and Shivalik Classes of ships. The company has shown significant financial growth over the past year, with revenue increasing by 40% YoY and net profit rising by 53%.
Marine Electricals (India) Secures Rs 50 Crore Order, Stock Surges - 08 Jul, 2024
Marine Electricals (India) stock surged by 5% to Rs 197.21 after securing a Rs 50 crore order for electrical panels in Hyderabad. The company's Q4 net profit rose by 206.04% YoY to Rs 12.67 crore on a consolidated basis.
Marine Electricals (India) Ltd Shares Locked in Upper Circuit - 24 Jun, 2024
Shares of Marine Electricals (India) Ltd surged 5% after receiving an order worth Rs. 11.16 crores for the supply and installation of LV Panel. The company's revenue jumped by around 62 percent from Rs. 146.65 crores during the December quarter to Rs. 237.08 crores in the March quarter, with net profits zooming by 129 percent. Promoters hold 71.98 percent of the stake.
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 4 quarters, 3.58 Cr → 12.67 Cr (in ₹), with an average increase of 30.1% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, MARINE stock has moved up by 171.1%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 101.79 Cr → 240.77 Cr (in ₹), with an average increase of 23.8% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MARINE has outperformed top 5 stocks with highest market-cap in Electronic Equipment & Parts
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 71.49% to 71.98% in Mar 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.02% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Astra Microwave Products Ltd has given 416.5% return, outperforming this stock by 21.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 28.51% to 27.99% in Mar 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹237.08Cr | ↑61.66% |
Net Income | ₹12.18Cr | ↑128.95% |
Net Profit Margin | 5.14% | ↑41.60% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹442.85Cr | ↑17.68% |
Net Income | ₹16.80Cr | ↑26.51% |
Net Profit Margin | 3.79% | ↑7.37% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹373.20Cr | ↑33.11% |
Total Liabilities | ₹193.12Cr | ↑41.79% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | -₹5.51Cr | ↓114.51% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 71.98% | 0.69 | |
| Foreign Institutions | 0.02% | 542.86 | |
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 27.99% | ||
| Others | 0% | 0.00 |
Key Indicators
Marine Electricals (India) Ltd Valuation
Marine Electricals (India) Ltd in the last 5 years
Lowest (19.72x)
December 9, 2021
Today (130.81x)
July 23, 2024
Industry (157.56x)
July 23, 2024
Highest (141.22x)
December 29, 2020
Earnings and Dividends
Marine Electricals (India) Ltd Earnings Results
Marine Electricals (India) Ltd’s net profit jumped 206.04% since last year same period to ₹12.67Cr in the Q4 2023-2024. On a quarterly growth basis, Marine Electricals (India) Ltd has generated 154.42% jump in its net profits since last 3-months.
Read More about Earnings ResultsMarine Electricals (India) Ltd Dividends June,2021
In the quarter ending March 2021, Marine Electricals (India) Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.08%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Marine Electricals (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Marine Electricals (India) Ltd (MARINE) share price today is ₹260.11
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 ₹276.07.
- Today’s lowest price of Marine Electricals (India) Ltd is ₹252.1.
PE Ratio of Marine Electricals (India) Ltd is 130.81
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 12.21L.
Today’s market capitalisation of Marine Electricals (India) Ltd(MARINE) is ₹3488.17Cr.
| Marine Electricals (India) Ltd(MARINE | Price |
|---|---|
52 Week High | ₹277.47 |
52 Week Low | ₹55.1 |
Marine Electricals (India) Ltd(MARINE) share price is ₹260.11. It is down -6.26% from its 52 Week High price of ₹277.47
Marine Electricals (India) Ltd(MARINE) share price is ₹260.11. It is up 372.07% from its 52 Week Low price of ₹55.1
| Marine Electricals (India) Ltd(MARINE | Returns |
|---|---|
1 Day Returns | -2.82% |
1 Month Returns | 71.11% |
3 Month Returns | 171.06% |
1 Year Returns | 311.15% |