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

Marine Electricals India Ltd

244.05+11.25 (+4.83%)
Market Closed

Fundamental Score

...

Marine Electricals India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Marine Electricals India Ltd share price today is 244.05, up +4.83% on NSE/BSE as of 12 June 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 282.48 and the 52-week low is 150.86. 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
255.00
Low
208.21
Volume
5.6L
Change
+8.00%

Marine Electricals India Ltd share price chart: 8.00% return over the past month. 52-week high ₹282.48, 52-week low ₹150.86.

Marine Electricals India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
251.00262.30245.00258.1011.98L (Cr)
274.50277.90239.95251.2024.10L (Cr)
255.00282.48247.89268.9461.25L (Cr)
247.92247.92247.92247.920.00 (Cr)
246.50255.00244.34247.9211.37L (Cr)
239.00249.00238.34245.2713.03L (Cr)
238.20242.76235.01238.025.99L (Cr)
234.93238.78228.25233.094.85L (Cr)
228.40239.78228.40232.378.66L (Cr)
218.10231.88218.10224.654.05L (Cr)

Marine Electricals India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
274.50277.90239.95258.10-5.97%
230.42282.48208.21268.94+16.72%
157.90244.45156.00229.30+45.22%
179.25198.00150.86151.70-15.37%
185.00202.02177.20192.05+3.81%
217.00223.79169.79180.41-16.86%
232.45240.90192.63216.29-6.95%
252.00258.00223.35232.45-7.76%
214.96257.00200.20250.65+16.60%
168.90231.80162.00214.06+26.74%
179.01183.99161.85166.42-7.03%
214.80214.95175.40182.48-15.05%

AI Research Briefing

Powered by Gemini · 2026-04-15

Overvalued play on India's infra boom; execution risk high.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSE3M: 32.6%, CMP is -33.2% from 52W high.Expensive (P/E 68.68x vs Industry P/E 33.94x).

WHAT'S HAPPENING NOW

Marine Electricals secured a Cr order from Larsen & Toubro for Tata Semiconductor's Dholera facility. The order involves supplying, installing, testing, and commissioning low-tension boards and branch panels, to be executed over 18 months. Prior to this, the company won a contract from Princeton Digital Group for power distribution systems, slated for completion within six months.

CORE STORY

Marine Electricals is being priced as a play on India's rapidly expanding digital infrastructure and semiconductor manufacturing, fueled by government incentives and increasing demand for power distribution solutions.

Why Now
  • ₹115 Cr order from L&T for Tata Semiconductor facility
  • ₹27.21 crore contract from Princeton Digital Group
  • Net profit rose 126.97% in Dec 2025 quarter
Potential Catalysts
  • Further order wins in data center or semiconductor space
  • Faster than expected execution of existing orders
  • Government policy changes favoring domestic manufacturing
Key Risks
  • Micro-cap liquidity risk
  • High valuation (P/E 68.68x vs Industry P/E 33.94x)
  • Revenue concentration risk from large orders
Institutional Activity

FII holding decreased by -70.01% since past 1 Year.

Macro Context

Government's PLI scheme and focus on domestic manufacturing are tailwinds.

Order Book / Expansion

Secured ₹115Cr order from Larsen & Toubro for Tata Semiconductor manufacturing facility.

Cash Flow Quality

Free Cash Flow 5Y: ₹13.39 Cr.

3–6 Month Outlook

Riding the data center and semiconductor wave, but needs flawless execution. Next 3-6 months crucial to prove scalability.

Primary Thesis Risk

Overvaluation leaves no margin for error in execution.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

11.55%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

16.06%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

8.88%

Average operating profit margin over 5 years

Dividend Yield

0.13%

Annual dividend as % of current share price

Marine Electricals India Ltd Valuation Check

Poor

Price to Earnings (P/E)

68.68x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

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

Shareholding Pattern

Excellent

Promoter Holding

68.46%

% shares held by company founders/management

Poor

FII Holding

0.18%

% shares held by foreign institutional investors

Poor

DII Holding

0.12%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

29.64%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

20.72%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

23.88%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

42.54%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

45.91%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.13x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

5.55x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

13.39 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

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 vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Marine Electricals India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
66.1/100
244
₹3205.14
68.7
Average
11.55%
Average
16.06%
Good
0.1
Excellent
45.91%
Excellent
23.88%
Excellent
0.13%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Marine Electricals India Ltd PE Ratio History

Historical price-to-earnings ratio for MARINE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20242.02₹257.95127.7x
FY 20231.36₹101.6074.7x
FY 20221.06₹32.2530.4x
FY 20211.05₹39.8037.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Marine Electricals India Ltd Dividend History

Annual cash dividends paid by MARINE — dividend yield 0.13%

Financial YearDividends Paid (₹ Cr)
FY 20252.64 Cr
FY 20222.44 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Marine Electricals India Ltd Quarterly Performance

Latest quarterly metrics for MARINE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

20.72%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

29.64%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

23.88%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

45.91%

Compounded annual net profit growth over 5 years

Marine Electricals India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MARINE — calculated from daily price history

59RSI 14
Neutral — RSI 59

Momentum is balanced — neither overbought nor oversold.

SMA 50
206
▲ Price above SMA 50 — Short-term bullish
SMA 200
204
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
663K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Marine Electricals India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Marine Electricals India Ltd (MARINE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Marine Electricals India Ltd

About MARINE (Marine Electricals India Ltd)

Marine Electricals India Ltd is a dynamic and forward-thinking enterprise at the forefront of electrical and automation solutions for marine and industrial sectors. Operating with ...a commitment to quality and innovation, MARINE delivers robust and reliable systems designed to withstand the demanding environments of maritime operations and heavy industries. From specialized electrical panels to comprehensive automation suites, their products reflect advanced engineering and meticulous craftsmanship. The company serves as a trusted partner for clients seeking enhanced efficiency, safety, and control within their operations. MARINE's core business encompasses the design, engineering, manufacturing, and supply of a diverse array of electrical and electronic products. The company focuses on power distribution and control systems, automation solutions, and specialized equipment for navigation and communication. These offerings cater to a broad spectrum of vessels, from commercial ships to naval vessels, and various industrial applications. MARINE's dedication to research and development ensures its products remain at the cutting edge, incorporating the latest technological advancements and adhering to stringent international standards. MARINE distinguishes itself through its customer-centric approach, providing tailored solutions to meet specific needs. Their skilled team collaborates closely with clients to understand their unique operational requirements, delivering bespoke designs and integrated systems that optimize performance and reduce operational costs. With a strong emphasis on after-sales support and maintenance, MARINE fosters long-term relationships with its clients, ensuring the continued reliability and efficiency of their installed products. The company's global presence enables it to effectively serve customers worldwide, further solidifying its position as a leader in the marine and industrial electrical domain.

Company Details

Symbol:MARINE
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

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

MARINE Share Price: Frequently Asked Questions

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

Marine Electricals India Ltd (MARINE) trades at ₹244.05 on NSE. Market cap ₹3.21K (Cr). Educational data only.

What is the P/E ratio of Marine Electricals India Ltd?

Marine Electricals India Ltd has a P/E of 68.68x vs industry average 33.94x.

What is the Bull Run score for Marine Electricals India Ltd?

Marine Electricals India Ltd has a Bull Run score of 66.1/100 based on 25+ financial parameters.

Does Marine Electricals India Ltd pay dividends?

Marine Electricals India Ltd has a dividend yield of 0.13%. Past dividends don't guarantee future payments.

What is the ROE of Marine Electricals India Ltd?

Marine Electricals India Ltd has ROE of 11.55%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Marine Electricals India Ltd?

Marine Electricals India Ltd has debt-to-equity of 0.13.

Is Marine Electricals India Ltd a good investment?

Bull Run gives Marine Electricals India Ltd a score of 66.1/100. This is not investment advice — consult a SEBI-registered advisor.