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What’s Your Call?

Collective community sentiment on Marine Electricals (India) Ltd

Your Vote -

Buy

84.85%

Hold

12.12%

Sell

3.03%

84.85%

33 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

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Bid Total

0

Bid Price

Qty

188.42

425

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Bid Total

425

Option Chain

Analyzes market sentiment, predicts Marine Electricals (India) Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Marine Electricals - Credit Rating

    25 Apr 2025, 1:08PM Marine Electricals (India) Limited has informed the Exchange about Credit Rating
  • Marine Electricals has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 10:30PM As of March 2025, 68.46% is owned by Indian Promoters and 31.55% by Public. <p align=justify> Top five Promoters holding highest number of shares of M
  • Marine Electricals - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    14 Apr 2025, 8:15PM Marine Electricals (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Marine Electricals - Bagging/Receiving of orders/contracts

    2 Apr 2025, 3:10PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Sale or disposal

    1 Apr 2025, 7:16PM Marine Electricals (India) Limited has informed the Exchange about Sale or disposal
  • Marine Electricals - Trading Window-XBRL

    31 Mar 2025, 12:16PM MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange about Closure of Trading Window
  • Marine Electricals - Trading Window

    31 Mar 2025, 11:02AM Marine Electricals (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Re
  • Marine Electricals - Bagging/Receiving of orders/contracts

    28 Mar 2025, 1:12PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Press Release

    4 Mar 2025, 2:41PM Marine Electricals (India) Limited has informed the Exchange regarding a press release dated March 04, 2025, titled ""We are enclosing herewith a pres
  • Marine Electricals - Bagging/Receiving of orders/contracts

    3 Mar 2025, 4:28PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Updates

    21 Feb 2025, 2:09PM Marine Electricals (India) Limited has informed the Exchange regarding ''. Participation in upcoming ELECRAMA exhibition
  • Marine Electricals - Updates

    19 Feb 2025, 1:31PM Marine Electricals (India) Limited has informed the Exchange regarding 'We would like toprovide an update on our financial results for the quarter and
  • Marine Electricals - Copy of Newspaper Publication

    14 Feb 2025, 10:37PM Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
  • Marine Electricals - Acquisition-XBRL

    13 Feb 2025, 6:00PM MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange regarding Acquisition
  • Marine Electricals - Acquisition-XBRL

    13 Feb 2025, 5:44PM MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange regarding Acquisition
  • Marine Electricals - Acquisition-XBRL

    13 Feb 2025, 5:41PM MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange regarding Acquisition
  • Marine Electricals - Copy of Newspaper Publication

    13 Feb 2025, 2:12PM Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
  • Marine Electricals - Monitoring Agency Report

    12 Feb 2025, 9:26PM Please find enclosed herewith Monitoring Agency Report in respect of utilization of proceeds of preferential issue for the quarter ended December 31,
  • Marine Electricals - Integrated Filing- Financial

    12 Feb 2025, 8:54PM Integrated Filing (Financials) for the quarter and nine-month period ended December 31, 2024
  • Marine Electricals - Outcome of Board Meeting

    12 Feb 2025, 7:24PM Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on February 12, 2025.
  • Marine Electricals Q3 net profit jumps 98.06% at Rs 10.22 cr

    12 Feb 2025, 6:30PM The company reported standalone net profit of Rs 10.22 crore for the quarter ended December 31, 2024 as compared to Rs 5.16 crore in the same period l
  • Marine Electricals - Financial Result Updates

    12 Feb 2025, 6:30PM Marine Electricals (India) Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Marine Electricals - Outcome of Board Meeting

    12 Feb 2025, 6:25PM Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on February 12, 2025.
  • Marine Electricals - Board Meeting Intimation

    5 Feb 2025, 8:24PM MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange about Board Meeting to be held on 12-Feb-2025 to inter-alia consider and approve the Unau
  • Marine Electricals - Bagging/Receiving of orders/contracts

    4 Feb 2025, 7:06PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Key fundamentals

Evaluate the intrinsic value of Marine Electricals (India) Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 297.5306 234.0578 171.91 175.0061 160.5875
Liabilities 297.5306 234.0578 171.91 175.0061 160.5875
Equity 26.5331 25.2631 24.5331 24.5331 24.5331
Gross Profit 47.2394 34.9786 26.1899 22.638 15.2316
Net Profit 28.3522 19.5062 12.4664 7.8285 6.3781
Cash From Operating Activities 1.1229 -5.5096 39.0322 -2.8885 17.277
NPM(%) 5.31 4.98 3.86 3.91 3.07
Revenue 533.7269 391.2713 322.8856 199.8737 207.7113
Expenses 486.4875 356.2927 296.6957 177.2357 192.4797
ROE(%) 7.37 5.07 3.24 2.03 1.65

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
20 Sep 2024 0.2 10 0 301.85
20 Sep 2021 0.2 10 0 77.75

Peers

Other companies within the same industry or sector that are comparable to Marine Electricals (India) Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Alpex Solar Ltd 769.20 -4.62 42.71 0.00 108.52 0.00
Lakshya Powertech Ltd 186.85 -3.93 10.57 0.00 155.47 0.00
Rex Pipes and Cables Industries Ltd 62.00 0.00 14.90 0.00 50.22 0.00
Exicom Tele-Systems Ltd 154.17 -3.36 0.00 0.00 52.86 0.00

Company Info

ABOUT THE COMPANYThe Company is a growing Integrated Electrical and Automation Solution Provider dealing in comprehensive electrical solution across industries with significant presence in Marine sector (Indian Navy, Commercial Shipbuilding) and Non Marine sector (Data Centre, Building Management Systems, Industrial etc). the Company provides solution in Low Voltage, Medium Voltage and Industrial Automation backed by In-house Product Design & Development, Manufacturing, Installations and after sale service. the Company has business relationships with global electrical players like Schneider Electric, Siemens, GE. Such strategic tie ups give us the competitive edge over the competitors. Further, we have entered into an agreement with NLC India Limited to provide Solar Power Evacuation system, thus venturing into the renewable energy segment.We have the competence and facilities to provide these state of the art panels starting from design and development to prompt after sales support. the manufacturing facilities are certified as per ISO 9001, ISO 14001, and OHSAS 18001 for the Quality Management system, Environmental Management System and Occupation Health & Safety Management System respectively. the manufacturing facilities have all the latest CNC bending and turret punching machines to deliver equipment within the demanding tolerances to meet the requirements of this latest globally offered panels, this is also supported by the pretreatment and painting facilities.We ensure the quality of the products through rigorous testing including testing of sub system before integration and followed by testing of the entire system when assembled. We provide a combination of engineering, manufacturing, testing facilities and after sales support that provides customer delight to the equipment offered by us.The Managing Director and Promoter Mr. Venkatesh Uchil is actively involved in procurement, production and technical areas of the Company. He actively participates in timely execution of the Industry Orders and is the guiding force behind the growth and business strategy of the Company. Mr. Vinay Uchil, the Chairman & the Executive Director & also Promoter of the Company is instrumental in expanding the business of the Company to a new height by diversification of the business into difference verticals i.e. Marine & Non- Marine Sectors & Renewable Energy.The Company's revenue from operation have increased at a CAGR of 15.84% from 15,975.08 lakhs in FY 2013-14 to ` 28,766.39 lakhs in FY 2017-18; EBITDA has increased at a CAGR of 16.88% from ` 1,405.27 lakhs in FY 2013-14 to ` 2,622.68 lakhs in FY 2017-18.MAJOR EVENTS IN THE HISTORY OF the COMPANY:1978- Started as a Proprietary firm manufacturing Switch Gears for the Indian Navy1998- Started Supplies into commercial ships for both private shipyards like ABG, BSL, Tebma and govt shipyards.2000- Set up the first manufacturing Plant in Goa situated at plot 17-18, Verna Industrial Estate, Verna Taluka, Salcete, South Goa.2001- Involved in a large retrofit project of refurbishment of Aircraft carrier INS Viraat electrical equipment.2003- Started exports of the equipment to UAE and other countries in the Middle East.2004- Formed a Joint Venture Company with Mcgeoch Technology UK specialists in Lighting solutions for Royal Navy UK to manufacture these products in India for Indian Navy and Royal Navy.- Conversion of sole proprietorship from "Marine Electricals" to partnership firm as "Marine Electricals"2005- Entry in to Non - Marine Segments - Partnering with Schneider Electric for offering solutions in western region2006- Set up the Second manufacturing plant in Goa situated at N-51, N-52, N-59 & N-60, Verna Industrial Estate, Survey No. 33, of Verna Village, Verna Taluka, Salcete, South Goa.2007- Conversion of the Company i.e. "M/S Marine Electricals" from a partnership firm to private limited Company as "Marine Electricals (India) Private Limited" under Companies Act, 1956.- Acquired AEC a Company manufacturing specialized Electronic solutions for Indian Navy.2008- Started export of the equipment into Europe and subsequently into USA2010- Acquired Narhari Engineers a Partnership Company manufacturing specialized shock graded motors for the Indian Navy- Started Marine Electricals FZC to supply competitive IBS solutions to the shipyard customers in India.2011- Became a subsidiary of Marine Electricals (India) private limited in 2011.2012- Largest Partner for Schneider Blokset in India a Position we have Retained till date2014- The Subsidiary Marine Electricals FZC appointed Resellers and service representatives of Northrop Grumman Sperry Marine for UAE2015- Appointed as a Franchise Partner for Medium voltage solutions upto 33KV by Schneider Electric.2016- Subsidiary Marine Electricals FZC acquires 75% of an electrical and automation Company STI SRL in Italy.- The Company also does Solar EPC in and around Italy with and experience of over 10 years in such activities.2017- Acquired Eltech Engineers Pvt.Ltd Chennai to increase foot print of electrical equipment in the South.- Awarded order for 50MW Solar Power plant EPC by NLC India Ltd.2018- Conversion of the Company from private to public i.e. from "Marine Electricals (India) Private Limited" to "Marine Electricals (India) Limited".- Set up Goa plant situated at Plot No N-54 & N-57, Verna Industrial Estate, Phase- IV, Salcete, South Goa.  2021 -Marine Electricals bags order for Adani Data Center's Chennai Project. -Order from Bridge Datacentres (Mumbai) LLP for supply of MV Switchboards package for Project Byte, amounting to Rs. 8,15,66,176 Crores. 2024 -Marine Electricals (India) Limited has received an order amounting to Rs. 4.10Cr from M/s. Princeton Digital Group, for Supply, installationtesting & commissioning of LV Panel. -Marine Electricals (India) Limited has received an order of Rs. 3.66 Cr from M/s. L&T Shipbuilding, for supply of Addressable Fire Detection System & Upper Air Sounding System for the Cadet Training Ship (CTS) project. -The Company entered in MOU Between M/s. Marine Electricals(India) Limited and M/s. Cummins India Limited.

ABOUT THE COMPANYThe Company is a growing Integrated Electrical and Automation Solution Provider dealing in comprehensive electrical solution across industries with significant presence in Marine sector (Indian Navy, Commercial Shipbuilding) and Non Marine sector (Data Centre, Building Management Systems, Industrial etc). the Company provides solution in Low Voltage, Medium Voltage and Industrial Automation backed by In-house Product Design & Development, Manufacturing, Installations and after sale service. the Company has business relationships with global electrical players like Schneider Electric, Siemens, GE. Such strategic tie ups give us the competitive edge over the competitors. Further, we have entered into an agreement with NLC India Limited to provide Solar Power Evacuation system, thus venturing into the renewable energy segment.We have the competence and facilities to provide these state of the art panels starting from design and development to prompt after sales support. the manufacturing facilities are certified as per ISO 9001, ISO 14001, and OHSAS 18001 for the Quality Management system, Environmental Management System and Occupation Health & Safety Management System respectively. the manufacturing facilities have all the latest CNC bending and turret punching machines to deliver equipment within the demanding tolerances to meet the requirements of this latest globally offered panels, this is also supported by the pretreatment and painting facilities.We ensure the quality of the products through rigorous testing including testing of sub system before integration and followed by testing of the entire system when assembled. We provide a combination of engineering, manufacturing, testing facilities and after sales support that provides customer delight to the equipment offered by us.The Managing Director and Promoter Mr. Venkatesh Uchil is actively involved in procurement, production and technical areas of the Company. He actively participates in timely execution of the Industry Orders and is the guiding force behind the growth and business strategy of the Company. Mr. Vinay Uchil, the Chairman & the Executive Director & also Promoter of the Company is instrumental in expanding the business of the Company to a new height by diversification of the business into difference verticals i.e. Marine & Non- Marine Sectors & Renewable Energy.The Company's revenue from operation have increased at a CAGR of 15.84% from 15,975.08 lakhs in FY 2013-14 to ` 28,766.39 lakhs in FY 2017-18; EBITDA has increased at a CAGR of 16.88% from ` 1,405.27 lakhs in FY 2013-14 to ` 2,622.68 lakhs in FY 2017-18.MAJOR EVENTS IN THE HISTORY OF the COMPANY:1978- Started as a Proprietary firm manufacturing Switch Gears for the Indian Navy1998- Started Supplies into commercial ships for both private shipyards like ABG, BSL, Tebma and govt shipyards.2000- Set up the first manufacturing Plant in Goa situated at plot 17-18, Verna Industrial Estate, Verna Taluka, Salcete, South Goa.2001- Involved in a large retrofit project of refurbishment of Aircraft carrier INS Viraat electrical equipment.2003- Started exports of the equipment to UAE and other countries in the Middle East.2004- Formed a Joint Venture Company with Mcgeoch Technology UK specialists in Lighting solutions for Royal Navy UK to manufacture these products in India for Indian Navy and Royal Navy.- Conversion of sole proprietorship from "Marine Electricals" to partnership firm as "Marine Electricals"2005- Entry in to Non - Marine Segments - Partnering with Schneider Electric for offering solutions in western region2006- Set up the Second manufacturing plant in Goa situated at N-51, N-52, N-59 & N-60, Verna Industrial Estate, Survey No. 33, of Verna Village, Verna Taluka, Salcete, South Goa.2007- Conversion of the Company i.e. "M/S Marine Electricals" from a partnership firm to private limited Company as "Marine Electricals (India) Private Limited" under Companies Act, 1956.- Acquired AEC a Company manufacturing specialized Electronic solutions for Indian Navy.2008- Started export of the equipment into Europe and subsequently into USA2010- Acquired Narhari Engineers a Partnership Company manufacturing specialized shock graded motors for the Indian Navy- Started Marine Electricals FZC to supply competitive IBS solutions to the shipyard customers in India.2011- Became a subsidiary of Marine Electricals (India) private limited in 2011.2012- Largest Partner for Schneider Blokset in India a Position we have Retained till date2014- The Subsidiary Marine Electricals FZC appointed Resellers and service representatives of Northrop Grumman Sperry Marine for UAE2015- Appointed as a Franchise Partner for Medium voltage solutions upto 33KV by Schneider Electric.2016- Subsidiary Marine Electricals FZC acquires 75% of an electrical and automation Company STI SRL in Italy.- The Company also does Solar EPC in and around Italy with and experience of over 10 years in such activities.2017- Acquired Eltech Engineers Pvt.Ltd Chennai to increase foot print of electrical equipment in the South.- Awarded order for 50MW Solar Power plant EPC by NLC India Ltd.2018- Conversion of the Company from private to public i.e. from "Marine Electricals (India) Private Limited" to "Marine Electricals (India) Limited".- Set up Goa plant situated at Plot No N-54 & N-57, Verna Industrial Estate, Phase- IV, Salcete, South Goa.  2021 -Marine Electricals bags order for Adani Data Center's Chennai Project. -Order from Bridge Datacentres (Mumbai) LLP for supply of MV Switchboards package for Project Byte, amounting to Rs. 8,15,66,176 Crores. 2024 -Marine Electricals (India) Limited has received an order amounting to Rs. 4.10Cr from M/s. Princeton Digital Group, for Supply, installationtesting & commissioning of LV Panel. -Marine Electricals (India) Limited has received an order of Rs. 3.66 Cr from M/s. L&T Shipbuilding, for supply of Addressable Fire Detection System & Upper Air Sounding System for the Cadet Training Ship (CTS) project. -The Company entered in MOU Between M/s. Marine Electricals(India) Limited and M/s. Cummins India Limited.

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Parent Organisation

Marine Electricals (India) Ltd.

Founded

04/12/2007

Managing Director

Mr.Venkatesh Krishnappa Uchil

NSE Symbol

MARINEEQ

FAQ

The current price of Marine Electricals (India) Ltd is

The 52-week high for Marine Electricals (India) Ltd is

The market capitalization of Marine Electricals (India) Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Marine Electricals (India) Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Marine Electricals (India) Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Marine Electricals (India) Ltd shares.

The CEO of Marine Electricals (India) Ltd is Mr.Venkatesh Krishnappa Uchil, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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