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Marine Electricals India Ltd Stock Price Today (NSE: MARINE)

Marine Electricals India Ltd

MARINEIndustrial Products
₹191.20+₹0.00 (+0.00%)↑
As on 17 Feb 2026, 10:15 am ISTMarket Closed

Fundamental Score

...

Marine Electricals India Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis

Marine Electricals India Ltd share price today is ₹191.20, up +0.00% on NSE/BSE as of 17 February 2026. Marine Electricals India Ltd (MARINE) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹3.21K (Cr). The 52-week high for MARINE share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 68.68x, MARINE is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 11.55% and a debt-to-equity ratio of 0.13.

Marine Electricals India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.00%

Returns & Performance

Poor

ROE

11.55%
Average

ROCE

16.06%
Poor

OPM (5Y)

8.88%

Div Yield

0.13%

Marine Electricals India Ltd Valuation Check

Poor

P/E Ratio

68.68x
Poor

Industry P/E

33.94x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

3.21K (Cr)

Growth Engine

Excellent

Profit Growth (Q)

29.64%
Excellent

Sales Growth (Q)

20.72%
Excellent

Sales Growth (5Y)

23.88%
Excellent

EPS Growth (5Y)

42.54%
Excellent

Profit Growth (5Y)

45.91%

Balance Sheet Health

Excellent

Debt to Equity

0.13x
Excellent

Int. Coverage

5.55x

Free Cash Flow (5Y)

13.39 (Cr)

Shareholding

Excellent

Promoter

68.46%
Poor

FII

0.18%
Poor

DII

0.12%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Marine Electricals Share Price: A ROCE-Focused Analysis

The Industrial Products sector is currently witnessing a significant shift towards automation and energy-efficient solutions, creating both opportunities and challenges for companies within the space. This analysis focuses on Marine Electricals India Ltd, whose Marine Electricals share price currently stands at ₹188.139999. With a Price-to-Earnings (PE) ratio of 68.68, the stock appears richly valued compared to the broader market, suggesting high investor expectations. However, understanding the Return on Capital Employed (ROCE) is crucial for a deeper assessment.

Marine Electricals reports a ROCE of 16.06%. This metric indicates the company's efficiency in generating profits from its capital employed. While a positive ROCE is desirable, its impact on the company's long-term competitive advantage, or "moat," is dependent on both its consistency and its comparison to peers. A sustained ROCE above the cost of capital signals effective resource allocation and potential for future growth. However, it's important to note that ROCE can be influenced by accounting practices and one-off events.

Examining sector peers provides further context. For example, comparing Marine Electricals with Pennar Industries Limited requires assessing not only financial metrics but also qualitative factors such as management quality and strategic vision. A company with a lower ROCE but superior management might be better positioned for future growth than one with a temporarily higher ROCE but weaker leadership. This underscores the importance of holistic due diligence.

The 16.06% ROCE suggests that Marine Electricals is generating a reasonable return on its investments. This efficiency can contribute to the company's moat by allowing it to reinvest profits, innovate, and maintain competitive pricing. However, a truly robust moat requires consistent performance, strong brand reputation, and a differentiated product or service offering. Further analysis of the company's competitive landscape and growth strategy is crucial. This analysis forms part of an 80-parameter fundamental audit process verified by Sweta Mishra.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Marine Electricals India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MARINE across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Excellent ROCE Performance (16.06%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Robust Profit Growth (29.64%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (20.72%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (23.88% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (42.54% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (45.91% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.13)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (5.55x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (68.46%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Premium Valuation Risk (P/E: 68.68x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Institutional Interest (FII+DII: 0.30%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Marine Electricals India Ltd Financial Statements

Comprehensive financial data for Marine Electricals India Ltd including income statement, balance sheet and cash flow

About MARINE (Marine Electricals India Ltd)

Marine Electricals India Ltd (MARINE) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Industrial Products sector with a current market capitalisation of ₹3.21K (Cr). Marine Electricals India Ltd has delivered a Return on Equity (ROE) of 11.55% and a ROCE of 16.06%. The debt-to-equity ratio stands at 0.13, reflecting the company's capital structure. Investors tracking MARINE share price can monitor key metrics including P/E ratio, promoter holding of 68.46%, and quarterly earnings growth.

Company Details

Symbol:MARINE
Industry:Industrial Products
Sector:Industrial Products
Website:https://www.marineelectricals.com

Key Leadership

Mr. Vinay Krishna Uchil
Executive Chairman
Mr. Venkatesh Krishnappa Uchil
MD & Director
Mr. S. Sridhar
CTO - R & D

Corporate Events

Recent
Ex-Dividend Date
2025-09-12

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MARINE Share Price: Frequently Asked Questions

What is the current share price of Marine Electricals India Ltd (MARINE)?

As of 17 Feb 2026, 10:15 am IST, Marine Electricals India Ltd share price is ₹191.20. The MARINE stock has a market capitalisation of ₹3.21K (Cr) on NSE/BSE.

Is MARINE share price Overvalued or Undervalued?

MARINE share price is currently trading at a P/E ratio of 68.68x, compared to the industry average of 33.94x. Based on this relative valuation, the Marine Electricals India Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of MARINE share price?

The 52-week high of MARINE share price is ₹N/A and the 52-week low is ₹N/A.

What factors affect the Marine Electricals India Ltd share price?

Key factors influencing MARINE share price include quarterly earnings growth (Sales Growth: 20.72%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Marine Electricals India Ltd a good stock for long-term investment?

Marine Electricals India Ltd shows a 5-year Profit Growth of 45.91% and an ROE of 11.55%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.13 before investing in MARINE shares.

How does Marine Electricals India Ltd compare with its industry peers?

Marine Electricals India Ltd competes with major peers in the Industrial Products. Investors should compare MARINE share price P/E of 68.68x and ROE of 11.55% against the industry averages to determine competitive standing.

What is the P/E ratio of MARINE and what does it mean?

MARINE share price has a P/E ratio of 68.68x compared to the industry average of 33.94x. Investors pay ₹69 for every ₹1 of annual earnings.

How is MARINE performing according to Bull Run's analysis?

MARINE has a Bull Run fundamental score of 66.1/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does MARINE belong to?

MARINE operates in the Industrial Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Marine Electricals India Ltd share price.

What is Return on Equity (ROE) and why is it important for MARINE?

MARINE has an ROE of 11.55%, which shows decent profitability but room for improvement. ROE measures how efficiently Marine Electricals India Ltd generates profits from shareholders capital.

How is MARINE debt-to-equity ratio and what does it indicate?

MARINE has a debt-to-equity ratio of 0.13, which indicates conservative financing with low financial risk.

What is MARINE dividend yield and is it a good dividend stock?

MARINE offers a dividend yield of 0.13%, meaning you receive ₹0.13 annual dividend for every ₹100 invested in Marine Electricals India Ltd shares.

How has MARINE share price grown over the past 5 years?

MARINE has achieved 5-year growth rates of: Sales Growth 23.88%, Profit Growth 45.91%, and EPS Growth 42.54%.

What is the promoter holding in MARINE and why does it matter?

Promoters hold 68.46% of MARINE shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Marine Electricals India Ltd.

What is MARINE market capitalisation category?

MARINE has a market capitalisation of ₹3205 crores, placing it in the Small-cap category.

How volatile is MARINE stock?

MARINE has a beta of N/A. A beta > 1 suggests the Marine Electricals India Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is MARINE operating profit margin trend?

MARINE has a 5-year average Operating Profit Margin (OPM) of 8.88%, indicating the company's operational efficiency.

How is MARINE quarterly performance?

Recent quarterly performance shows Marine Electricals India Ltd YoY Sales Growth of 20.72% and YoY Profit Growth of 29.64%.

What is the institutional holding pattern in MARINE?

MARINE has FII holding of 0.18% and DII holding of 0.12%. Significant institutional holding often suggests professional confidence in the Marine Electricals India Ltd stock.

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