Debut Plus

249.75

-3.65 -1.44%

17 Jul 2026

NSE Listed · Capital Goods - Electrical Equipment

Marine Electrical (I) Ltd. (MARINE)

Volume: 3,84,424Avg Vol 1W: 5,08,410Avg Vol 1M: 8,97,67452W Range:150.86297.9
Market Cap₹3,495 Cr
Current Price₹249.75
Previous Close₹253.4
High / Low (52w)₹297.9 / ₹150.86
Volume3,84,424
Avg Vol (1W)5,08,410
Avg Vol (1M)8,97,674
Stock P/E58.9
Book Value₹35.22
Dividend Yield0%
ROE11.84%
ROA6.58%
Revenue (TTM)
Revenue Growth23.3%
Profit Margin6.65%
Total Debt₹21 Cr
Shares Outstanding14 Cr
Face Value₹2
EPS (TTM)₹4.24
P/B7.09
Debt / Equity0.23
50 DMA₹250.47
200 DMA₹217.33
Day change-1.44%
Price Chart
249.75 29.24% · 1Y
29115261.3L
2025-07-17
2026-07-17

20-day avg volume: 9.2L shares

Pros
  • Company is almost debt-free.
  • Revenue grew 24% YoY.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 59.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹138 Cr₹184 Cr₹194 Cr₹251 Cr₹167 Cr₹222 Cr₹210 Cr₹277 Cr
EBITDA₹13 Cr₹20 Cr₹12 Cr₹22 Cr₹19 Cr₹26 Cr₹20 Cr₹31 Cr
Net Profit₹7 Cr₹13 Cr₹5 Cr₹13 Cr₹12 Cr₹16 Cr₹12 Cr₹18 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹372 Cr₹404 Cr₹269 Cr₹259 Cr₹381 Cr₹447 Cr₹629 Cr₹780 Cr
EBITDA₹29 Cr₹21 Cr₹19 Cr₹26 Cr₹27 Cr₹35 Cr₹49 Cr₹66 Cr
Net Profit₹16 Cr₹9 Cr₹6 Cr₹13 Cr₹13 Cr₹17 Cr₹26 Cr₹38 Cr
EPS8.954.360.461.051.061.362.022.81
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹354 Cr₹373 Cr₹383 Cr₹383 Cr₹373 Cr₹466 Cr₹616 Cr₹725 Cr
Total Liabilities₹251 Cr₹213 Cr₹227 Cr₹213 Cr₹192 Cr₹251 Cr₹360 Cr₹317 Cr
Equity₹102 Cr₹161 Cr₹156 Cr₹170 Cr₹182 Cr₹215 Cr₹256 Cr₹408 Cr
Total Debt
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹37 Cr₹-45 Cr₹25 Cr₹5 Cr₹53 Cr₹5 Cr₹2 Cr₹73 Cr
Investing₹-23 Cr₹1 Cr₹-1 Cr₹1 Cr₹-18 Cr₹-28 Cr₹-21 Cr₹-95 Cr
Financing₹3 Cr₹44 Cr₹-19 Cr₹-7 Cr₹-31 Cr₹31 Cr₹32 Cr₹52 Cr
Free Cash Flow₹37 Cr₹-45 Cr₹25 Cr₹5 Cr₹53 Cr₹5 Cr₹2 Cr₹73 Cr
Shareholding
Promoter 73.52% Institutions 0% Public 26.48%
Efficiency & Working Capital
ROCE16.3%
Interest Coverage4.7
Dividend Payout
Debtor Days157 d
Inventory Days38 d
Payable Days94 d
Cash Conversion Cycle101 d
Working Capital Days195 d
Shareholding Details

As of 2026-03-31

Promoter73.5%
FII0%
DII0%
Institutions0%
Public26.5%
Promoter Pledge0%
No. of Shareholders252
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodFeb 2024Feb 2024Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Feb 2026Mar 2026
Promoters71.5%71.5%72%71.2%71.2%68.4%68.5%68.5%68.5%68.5%68.2%73.5%
FIIs0%0%0%0.2%0.3%1%0.2%0.1%0.2%0.6%0.3%0%
DIIs0%0%0%0%0%0%0%0%0%0.1%0.3%0%
Public28.5%28.5%28%28.7%28.6%30.6%31.4%31.5%31.4%30.7%31.2%26.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders49,50849,50850,30455,98383,79989,62893,62999,33294,68889,67989,182252
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Kdu Enterprises Private LimitedShareholding of Promoter and Promoter Group51.7%1.27 Cr
Venkatesh K UchilShareholding of Promoter and Promoter Group21.8%53,54,475
Ajinkya Mercantile Private LtdPublic Shareholding2.3%5,60,000
Gaurang Shashikant VasaniPublic Shareholding1.6%4,00,000
Sajankumar Rameshwarlal BajajPublic Shareholding1.3%3,28,000
Sharmila Gaurang VasaniPublic Shareholding1.1%2,78,000
Edelweiss Custodial Services LimitedPublic Shareholding1.1%2,70,000
Vinay K UchilShareholding of Promoter and Promoter Group0%200
Tanuja Deepak PudhierkarShareholding of Promoter and Promoter Group0%200
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Vinay K Uchil00%2026-03-31
Venkatesh K Uchil00%2026-03-31
Kdu Enterprises Private Limited00%2026-03-31
Tanuja Deepak Pudhierkar00%2026-03-31
Sajankumar Rameshwarlal Bajaj00%2026-03-31
Sharmila Gaurang Vasani00%2026-03-31
Ajinkya Mercantile Private Ltd00%2026-03-31
Edelweiss Custodial Services Limited00%2026-03-31
Gaurang Shashikant Vasani00%2026-03-31
Vinay Uchil00%2026-02-25
Venkatesh Krishnappa Uchil00%2026-02-25
Kdu Enterprises Private Limited00%2026-02-25
Board of Directors
NameDesignationYear
Vinay K UchilChairman/ED & CEO2025
Venkatesh K UchilED / MD / Promoter2025
Mohan RaoIndependent Non Exe. Director2025
NIKUNJ KISHORE MISHRAIndependent Non Exe. Director2025
Vikas JaywantIndependent Non Exe. Director2025
Madan PendseIndependent Non Exe. Director2025
Shailendra Kumar ShuklaExecutive Director2025
Tanuja PudhierkarNon-Exec & Non-Independent Dir2025
Archana Venkata RajagopalanIndependent Non Exe. Director2025
Deep V ShahCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Marine₹330 Cr47%
Industry₹371 Cr53%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹2302828
Corporate Actions
TypeDateValueRemark
dividend2025-09-12₹0.3 (15%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025540002184
2025500016
2025380001866
Company Information
Incorporated2007
ChairmanVinay K Uchil
AuditorSaini Pati Shah & CO LLP
Investor Email[email protected]
🌐 www.marineelectricals.com

📍 B/1 Udyog Sadan No 3, MIDC Andheri (East), Mumbai, Maharashtra, 400093

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search