Marine Electricals (India) Ltd
MARI

Marine Electricals (India) Ltd (MARINE)

₹29.550.51%

Key Stats

₹28.85
Day's Price Range
₹30.5
₹24.65
52-Week Price Range
₹90.7
1 Month Return-9.68 %
3 Month Return-13.15 %
1 Year Return-65.11 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 14
22.27
EPS
Rank 18
₹1.32
BVPS
Rank 32
₹13.15
Dividend Yield
Rank 18
0.3%
ROE
Rank 23
6.04%
Price To Book Ratio
Rank 14
2.23
Debt To Asset
Rank 23
0.57

Company Information

Late Mr. Krishnappa Uchil had started a business via a Proprietary concern in the year 1978 which was engaged in the manufacturing of Switch Gears for the Indian Navy. After he expired in the year 2004 the running business of Proprietary firm has been taken over by his family members via M/s Marine Electricals a Partnership Firm. Later the said Partnership Firm was converted to a private Company as Marine Electricals India Private Limited on December 04 2007. The Status of the Company was changed to public limited Company and the name of the Company was changed to Marine Electricals India Limited on August 01 2018. The Company is a growing Integrated Electrical and Automation Solution Provider dealing in comprehensive electrical solution across industries with significant presence in Marine sector Indian Navy Commercial Shipbuilding and Non Marine sector Data Centre Building Management Systems Industrial etc. The Company provides solution in Low Voltage Medium Voltage and Industrial Automation backed by Inhouse Product Design Development Manufacturing Installations and after sale service. The Company has business relationships with global electrical players like Schneider Electric Siemens GE. Further the company has entered into an agreement with NLC India Limited to provide Solar Power Evacuation system thus venturing into the renewable energy segment. The Company has the competence and facilities to provide these state of the art panels starting from design and development to prompt after sales support. The Company manufacturing facilities are certified as per ISO 9001 ISO 14001 and OHSAS 18001 for the Quality Management system Environmental Management System and Occupation Health Safety Management System respectively.
OrganisationMarine Electricals (India) Ltd
HeadquartersMumbai
IndustryCapital Goods - Electrical Equipment