
MARINE ELECTRICAL (I) Latest Share Price (MARINE)
TODAY IN ONE LINE
MARINE rose 2.5% on average volume, outperforming Nifty's -0.3% move.
With a market cap of ₹5,863.67 Cr., it trades at a P/E of 91.09. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
MARINE ELECTRICAL (I) flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 37.9% YoY
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.17x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Expensive ValuationTrading at a high P/E ratio of 69.8x
Latest MARINE ELECTRICAL (I) News
What changed recently?
Recent events, corporate actions, and announcements.
MARINE ELECTRICAL (I) valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for MARINE ELECTRICAL (I), framed against the sector median so the premium or discount is obvious at a glance.
MARINE ELECTRICAL (I) trades at a P/E of 91.09× and P/B of 11.90×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
MARINE ELECTRICAL (I) technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for MARINE ELECTRICAL (I) — derived from the latest tape, not yesterday's close.
MARINE ELECTRICAL (I) last traded at ₹419.15 with an intraday range of ₹390–₹425.65 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹419.15| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 504.50 | +85.35 | +20.36% |
| R3 | 468.85 | +49.70 | +11.86% |
| R2 | 447.25 | +28.10 | +6.70% |
| R1 | 433.20 | +14.05 | +3.35% |
| PIVOT | 411.60 | -7.55 | -1.80% |
| CURRENT | 419.15 | — | — |
| S1 | 397.55 | -21.60 | -5.15% |
| S2 | 375.95 | -43.20 | -10.31% |
| S3 | 361.90 | -57.25 | -13.66% |
| S4 | 326.25 | -92.90 | -22.16% |
MARINE is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹394.1–₹413.8
Trading Inside opening range
MARINE ELECTRICAL (I) financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for MARINE ELECTRICAL (I) — consolidated or standalone — with margins, YoY growth and key ratios inline.
MARINE ELECTRICAL (I) reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹5,863.67 Cr. and reported EPS of ₹1.23.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 767 | 877 ▲ 14.3% |
| Sales Growth YoY %Derived | 23.30% | 14.32% |
| Other Income | 13 | 16 ▲ 22.3% |
| Total Income | 780 | 893 ▲ 14.5% |
| 558 | 619 ▲ 11.0% | |
| Gross ProfitDerived | 210 | 258 ▲ 23.1% |
| Gross Margin %Derived | 27.32% | 29.41% |
| 141 | 163 ▲ 16.0% | |
| EBITDA (Operating Profit)Derived | 69 | 94 ▲ 37.5% |
| OPM %Derived | 8.96% | 10.77% |
| 30 | 33 ▲ 9.9% | |
| Profit Before Tax (PBT) | 52 | 76 ▲ 44.6% |
| 14 | 17 ▲ 19.8% | |
| Effective Tax %Derived | 27.30% | 22.62% |
| Total Profit for Period | 38 | 59 ▲ 53.8% |
| Less: Non-controlling Interests | -0 | 0 ▲ 178.2% |
| Net Profit (Owner's PAT)Derived | 38 | 58 ▲ 51.9% |
| Net Profit Margin %Derived | 5.01% | 6.66% |
| PAT Growth YoY %Derived | 48.39% | 51.88% |
| Earnings Per Share (EPS ₹) | 2.79 | 4.17 ▲ 49.5% |
| Diluted Shares Outstanding (Cr) | 14 | 14 ▲ 1.4% |
| Share of Profit from Associates/JVs | 0 | 0 ▼ 95.2% |
| Other Comprehensive Income (Net of Tax) | 1 | 5 ▲ 388.9% |
| Total Expenses (incl. D&A & Interest) | 728 | 817 ▲ 12.3% |
| Material Cost % of RevenueDerived | 70.90% | 70.61% |
| Employee Cost % of RevenueDerived | 7.46% | 8.05% |
| Other Cost % of RevenueDerived | 10.90% | 10.58% |
| Interest Coverage (x)Derived | 3.78x | 4.19x |
| Period | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 251 | 376 ▲ 49.8% | 443 ▲ 17.7% | 622 ▲ 40.5% | 767 ▲ 23.3% | 877 ▲ 14.3% | |
| Sales Growth YoY %Derived | — | 49.76% | 17.68% | 40.48% | 23.30% | 14.32% | |
| Other Income | 8 | 5 ▼ 37.2% | 5 ▼ 6.8% | 7 ▲ 58.0% | 13 ▲ 86.2% | 16 ▲ 22.3% | |
| Total Income | 259 | 381 ▲ 47.2% | 447 ▲ 17.4% | 629 ▲ 40.7% | 780 ▲ 24.0% | 893 ▲ 14.5% | |
174 | 283 ▲ 62.9% | 330 ▲ 16.4% | 470 ▲ 42.6% | 558 ▲ 18.6% | 619 ▲ 11.0% | ||
| Gross ProfitDerived | 77 | 93 ▲ 20.2% | 113 ▲ 21.7% | 152 ▲ 34.2% | 210 ▲ 38.0% | 258 ▲ 23.1% | |
| Gross Margin %Derived | 30.79% | 24.72% | 25.56% | 24.41% | 27.32% | 29.41% | |
50 | 62 ▲ 23.2% | 75 ▲ 20.8% | 100 ▲ 34.1% | 141 ▲ 40.8% | 163 ▲ 16.0% | ||
| EBITDA (Operating Profit)Derived | 27 | 31 ▲ 14.7% | 39 ▲ 23.5% | 52 ▲ 34.2% | 69 ▲ 32.7% | 94 ▲ 37.5% | |
| OPM %Derived | 10.84% | 8.30% | 8.71% | 8.32% | 8.96% | 10.77% | |
18 | 17 ▼ 7.8% | 18 ▲ 8.4% | 23 ▲ 27.0% | 30 ▲ 29.5% | 33 ▲ 9.9% | ||
| Profit Before Tax (PBT) | 17 | 19 ▲ 15.1% | 25 ▲ 28.8% | 36 ▲ 44.9% | 52 ▲ 44.2% | 76 ▲ 44.6% | |
3 | 6 ▲ 65.2% | 8 ▲ 48.0% | 11 ▲ 27.6% | 14 ▲ 35.5% | 17 ▲ 19.8% | ||
| Effective Tax %Derived | 19.99% | 28.71% | 32.99% | 29.07% | 27.30% | 22.62% | |
| Total Profit for Period | 14 | 13 ▼ 1.9% | 17 ▲ 26.5% | 26 ▲ 53.3% | 38 ▲ 47.9% | 59 ▲ 53.8% | |
| Less: Non-controlling Interests | 1 | 0 ▼ 52.6% | -0 ▼ 164.7% | -0 ▲ 30.1% | -0 ▼ 134.9% | 0 ▲ 178.2% | |
| Net Profit (Owner's PAT)Derived | 13 | 13 ▲ 0.6% | 17 ▲ 31.0% | 26 ▲ 52.4% | 38 ▲ 48.4% | 58 ▲ 51.9% | |
| Net Profit Margin %Derived | 5.13% | 3.45% | 3.84% | 4.16% | 5.01% | 6.66% | |
| PAT Growth YoY %Derived | — | 0.62% | 30.96% | 52.39% | 48.39% | 51.88% | |
| Earnings Per Share (EPS ₹) | 1.05 | 1.06 ▲ 1.0% | 1.35 ▲ 27.4% | 1.97 ▲ 45.9% | 2.79 ▲ 41.6% | 4.17 ▲ 49.5% | |
| Diluted Shares Outstanding (Cr) | 12 | 12 ▲ 0.0% | 13 ▲ 3.0% | 13 ▲ 3.8% | 14 ▲ 5.2% | 14 ▲ 1.4% | |
| Share of Profit from Associates/JVs | -0 | -0 ▼ 1761.5% | — ▲ 100.0% | — | 0 | 0 ▼ 95.2% | |
| Other Comprehensive Income (Net of Tax) | 0 | -1 ▼ 264.1% | 2 ▲ 295.6% | 1 ▼ 59.8% | 1 ▲ 77.8% | 5 ▲ 388.9% | |
| Total Expenses (incl. D&A & Interest) | 242 | 362 ▲ 49.4% | 422 ▲ 16.8% | 593 ▲ 40.4% | 728 ▲ 22.8% | 817 ▲ 12.3% | |
| Material Cost % of RevenueDerived | 70.34% | 74.72% | 70.82% | 79.71% | 70.90% | 70.61% | |
| Employee Cost % of RevenueDerived | 10.09% | 8.19% | 7.79% | 7.24% | 7.46% | 8.05% | |
| Other Cost % of RevenueDerived | 9.87% | 8.23% | 9.06% | 8.85% | 10.90% | 10.58% | |
| Interest Coverage (x)Derived | 2.03x | 3.01x | 3.07x | 3.34x | 3.78x | 4.19x |
MARINE ELECTRICAL (I) segment analysis : revenue and profit mix.
Disclosed business segments at MARINE ELECTRICAL (I) with their share of revenue and profit, switchable between consolidated and standalone reporting.
MARINE ELECTRICAL (I) discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for MARINE ELECTRICAL (I).
Our AI distills the core fundamental drivers supporting MARINE ELECTRICAL (I), the risks that threaten it, and the quantitative conditions that could weaken the thesis.
MARINE ELECTRICAL (I)'s investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.
What you're getting.
No strengths or opportunities on record.
Key Risks.
SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.
Flip Conditions.
Valuation risk. a P/E above 118 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
MARINE ELECTRICAL (I) peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — MARINE ELECTRICAL (I) is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
MARINE ELECTRICAL (I) chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for MARINE ELECTRICAL (I) — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
MARINE ELECTRICAL (I) delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for MARINE ELECTRICAL (I) over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in MARINE ELECTRICAL (I) stood at 39.8% of traded volume, against a 20-day average of 40.0%.
MARINE ELECTRICAL (I) announcements: results, concalls, ratings, M&A.
Filings MARINE ELECTRICAL (I) sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
MARINE ELECTRICAL (I) files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 132 documents below.
Copy of Newspaper Publication
Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
Shareholders meeting
Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
Shareholders meeting
Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
Shareholders meeting
Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
Updates
Marine Electricals (India) Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting FY 2025-26'.
Investor decks & rating reports.
MARINE ELECTRICAL (I) dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue MARINE ELECTRICAL (I) has declared, sequenced by announce and record date.
MARINE ELECTRICAL (I) corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About MARINE ELECTRICAL (I): business, sector, key facts.
What MARINE ELECTRICAL (I) does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
MARINE ELECTRICAL (I) operates in the Industrial Products industry under the Capital Goods sector, listed as NSE: MARINE.

Marine Electricals (India) Limited (MEIL) is a prominent player in the Indian and international markets for marine and industrial electrical and electronic components. Their core business revolves around the design, manufacture, sale, and maintenance of a wide range of electrical and electronic systems specifically tailored for the marine industry, but with applications extending to other industrial sectors as well.
MEIL's operations are structured around two key segments: Electricals and Electronics, and Solar. The Electricals and Electronics segment is the company's primary focus, encompassing a comprehensive suite of services. This includes the supply of components and systems for power generation and distribution, navigation and communication, and electrical propulsion within marine vessels. They also offer integrated platform management solutions, leveraging information technology to optimize vessel operations. Further enhancing their service offerings are engineering and project management capabilities, along with turnkey electrical installation services for complete vessel electrification projects.
Beyond new installations, MEIL provides crucial after-sales support and maintenance services. This includes repair, corrective and preventive maintenance, upgrades, and life extension services for a variety of marine electrical and electronic systems. These services cover electrical power generation and distribution, automation and power management, navigation and communication systems, and other specialized equipment. The company's expertise extends to designing and fabricating custom electrical and electronic installations to meet specific client needs. They also offer comprehensive annual maintenance contracts to ensure the continued smooth operation of installed systems.
The company's Solar segment represents a diversification into renewable energy solutions, likely targeting both marine and terrestrial applications. While specifics about the scope and scale of this segment are limited in the provided information, it suggests a strategic commitment to environmentally friendly technologies and potentially broadening their customer base beyond the traditional marine sector.
In summary, Marine Electricals (India) Limited operates as a fully integrated provider of electrical and electronic solutions for the marine industry. Their business model combines the design and manufacture of components and systems with comprehensive maintenance and support services, allowing them to offer a complete lifecycle solution to their customers. Their expansion into the solar energy sector points to a forward-looking approach and a commitment to sustainable practices.
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Questions investors ask about MARINE ELECTRICAL (I) (MARINE).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of MARINE ELECTRICAL (I) (MARINE)?
The current share price of MARINE ELECTRICAL (I) (MARINE) is ₹419.15. Today, the stock has gained by ₹10.30 (2.52%), trading in a range of ₹390.00 to ₹425.65. The stock opened at ₹413.00 with a trading volume of 7,74,758 shares.
02Is MARINE ELECTRICAL (I) stock a good investment for long-term?
MARINE ELECTRICAL (I) can be considered for long-term investment based on several factors. The company has a market capitalization of ₹5,863.67 Cr., P/E ratio of 91.09, ROE of 11.68%, and ROCE of 13.01%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of MARINE ELECTRICAL (I) stock?
The 52-week high price of MARINE ELECTRICAL (I) (MARINE) is ₹450.00, while the 52-week low is ₹150.86. Currently trading at ₹419.15, the stock is 177.84% above its 52-week low and 6.86% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy MARINE ELECTRICAL (I) stock at the current price?
Whether to buy MARINE ELECTRICAL (I) stock at ₹419.15 depends on multiple factors. The stock is currently trading with a P/E ratio of 91.09 and P/B ratio of 11.9. Today's performance shows a gain of 2.52%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of MARINE ELECTRICAL (I) and when is the next dividend?
MARINE ELECTRICAL (I) offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹419.15, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of MARINE ELECTRICAL (I)?
MARINE ELECTRICAL (I)'s key financial metrics include: P/E Ratio: 91.09, P/B Ratio: 11.9, ROE: 11.68%, ROCE: 13.01%, Dividend Yield: 0%, EPS: ₹1.23, Book Value: ₹35.85, and Debt-to-Equity: 0.17. The company's market cap stands at ₹5,863.67 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is MARINE ELECTRICAL (I) stock performing today in the market?
MARINE ELECTRICAL (I) stock opened at ₹413.00 and is currently trading at ₹419.15, showing a gain of ₹10.30 (2.52%). The intraday high is ₹425.65 and low is ₹390.00. The trading volume stands at 7,74,758 shares, indicating moderate market participation today.
08What is the P/E ratio of MARINE ELECTRICAL (I) and what does it indicate?
MARINE ELECTRICAL (I) has a Price-to-Earnings (P/E) ratio of 91.09, which means investors are willing to pay 91.09 for every ₹1 of earnings. With an EPS of ₹1.23, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about MARINE ELECTRICAL (I) (MARINE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.