₹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:₹150.86₹297.9
Key Ratios
Checked just nowMarket 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
2025-07-172026-07-17
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
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 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)
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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 |
| EPS | 8.95 | 4.36 | 0.46 | 1.05 | 1.06 | 1.36 | 2.02 | 2.81 |
Balance Sheet
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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.
| Period | Feb 2024 | Feb 2024 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Feb 2026 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.5% | 71.5% | 72% | 71.2% | 71.2% | 68.4% | 68.5% | 68.5% | 68.5% | 68.5% | 68.2% | 73.5% |
| FIIs | 0% | 0% | 0% | 0.2% | 0.3% | 1% | 0.2% | 0.1% | 0.2% | 0.6% | 0.3% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.1% | 0.3% | 0% |
| Public | 28.5% | 28.5% | 28% | 28.7% | 28.6% | 30.6% | 31.4% | 31.5% | 31.4% | 30.7% | 31.2% | 26.5% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 49,508 | 49,508 | 50,304 | 55,983 | 83,799 | 89,628 | 93,629 | 99,332 | 94,688 | 89,679 | 89,182 | 252 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Kdu Enterprises Private Limited | Shareholding of Promoter and Promoter Group | 51.7% | 1.27 Cr |
| Venkatesh K Uchil | Shareholding of Promoter and Promoter Group | 21.8% | 53,54,475 |
| Ajinkya Mercantile Private Ltd | Public Shareholding | 2.3% | 5,60,000 |
| Gaurang Shashikant Vasani | Public Shareholding | 1.6% | 4,00,000 |
| Sajankumar Rameshwarlal Bajaj | Public Shareholding | 1.3% | 3,28,000 |
| Sharmila Gaurang Vasani | Public Shareholding | 1.1% | 2,78,000 |
| Edelweiss Custodial Services Limited | Public Shareholding | 1.1% | 2,70,000 |
| Vinay K Uchil | Shareholding of Promoter and Promoter Group | 0% | 200 |
| Tanuja Deepak Pudhierkar | Shareholding of Promoter and Promoter Group | 0% | 200 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Vinay K Uchil | 0 | 0% | 2026-03-31 |
| Venkatesh K Uchil | 0 | 0% | 2026-03-31 |
| Kdu Enterprises Private Limited | 0 | 0% | 2026-03-31 |
| Tanuja Deepak Pudhierkar | 0 | 0% | 2026-03-31 |
| Sajankumar Rameshwarlal Bajaj | 0 | 0% | 2026-03-31 |
| Sharmila Gaurang Vasani | 0 | 0% | 2026-03-31 |
| Ajinkya Mercantile Private Ltd | 0 | 0% | 2026-03-31 |
| Edelweiss Custodial Services Limited | 0 | 0% | 2026-03-31 |
| Gaurang Shashikant Vasani | 0 | 0% | 2026-03-31 |
| Vinay Uchil | 0 | 0% | 2026-02-25 |
| Venkatesh Krishnappa Uchil | 0 | 0% | 2026-02-25 |
| Kdu Enterprises Private Limited | 0 | 0% | 2026-02-25 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Vinay K Uchil | Chairman/ED & CEO | 2025 |
| Venkatesh K Uchil | ED / MD / Promoter | 2025 |
| Mohan Rao | Independent Non Exe. Director | 2025 |
| NIKUNJ KISHORE MISHRA | Independent Non Exe. Director | 2025 |
| Vikas Jaywant | Independent Non Exe. Director | 2025 |
| Madan Pendse | Independent Non Exe. Director | 2025 |
| Shailendra Kumar Shukla | Executive Director | 2025 |
| Tanuja Pudhierkar | Non-Exec & Non-Independent Dir | 2025 |
| Archana Venkata Rajagopalan | Independent Non Exe. Director | 2025 |
| Deep V Shah | Company Sec. & Compli. Officer | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Marine | ₹330 Cr | 47% |
| Industry | ₹371 Cr | 53% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹2 | 30 | 28 | 28 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| dividend | 2025-09-12 | ₹0.3 (15%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 54 | 0 | 0 | 0 | 21 | 84 |
| 2025 | 5 | 0 | 0 | 0 | 1 | 6 |
| 2025 | 38 | 0 | 0 | 0 | 18 | 66 |
Company Information
🌐 www.marineelectricals.com ↗
📍 B/1 Udyog Sadan No 3, MIDC Andheri (East), Mumbai, Maharashtra, 400093
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