Marine Electricals (India) Ltd

Tue 22/09/2026,15:59:52 | NSE : MARINE

₹411.45-4.35 (-1.05%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 422.00

Previous Close

₹ 415.80

Volume

1021060

Mkt Cap ( ₹ Cr)

₹ 5690.12

High

₹ 423.80

Low

₹ 404.00

52 Week High

₹ 450.00

52 Week Low

₹ 150.86

Book Value Per Share

₹ 36.88

Dividend Yield

₹ 0.00

Face Value

₹₹2.00

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

0.00

0

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0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

411.45

886

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

886

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 - General Updates

    21 Sep 2026, 1:51PM Marine Electricals (India) Limited has informed the Exchange about General Updates Press Release Summary Capacity Expansion and New Plant at Goa
  • Marine Electricals - General Updates

    15 Sep 2026, 6:25PM Marine Electricals (India) Limited has informed the Exchange about General Updates
  • Marine Electricals has declared 15% Final dividend for the financial year March 2026

    11 Sep 2026, 7:01AM Marine Electricals (India) Ltd. on Friday, 14 August 2026, has announced Final dividend of 15 percent on Equity Share, to its shareholders holding sha
  • Marine Electricals - Copy of Newspaper Publication

    7 Sep 2026, 6:20PM Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
  • Marine Electricals - Shareholders meeting

    7 Sep 2026, 1:59PM Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
  • Marine Electricals - Shareholders meeting

    6 Sep 2026, 3:19PM Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
  • Marine Electricals - Shareholders meeting

    6 Sep 2026, 12:05AM Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
  • Marine Electricals - Updates

    5 Sep 2026, 9:28PM Marine Electricals (India) Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting FY 2025-26'.
  • Marine Electricals - Shareholders meeting

    5 Sep 2026, 9:20PM Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
  • Marine Electricals - Bagging/Receiving of orders/contracts

    4 Sep 2026, 11:47AM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Bagging/Receiving of orders/contracts

    1 Sep 2026, 9:58AM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Bagging/Receiving of orders/contracts

    31 Aug 2026, 1:39PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Copy of Newspaper Publication

    17 Aug 2026, 6:45PM Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
  • Marine Electricals - Press Release

    17 Aug 2026, 10:00AM Marine Electricals (India) Limited has informed the Exchange regarding a press release dated August 17, 2026, titled ""Press Release for Financial Res
  • Marine Electricals - Monitoring Agency Report

    14 Aug 2026, 8:29PM Monitoring Agency Report for the Quarter Ended June 30, 2026
  • Marine Electricals - Record Date

    14 Aug 2026, 7:15PM Marine Electricals (India) Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Sep-2026.
  • Marine Electricals - Outcome of Board Meeting

    14 Aug 2026, 7:09PM Marine Electricals (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
  • Marine Electricals - General Updates

    12 Aug 2026, 4:54PM Marine Electricals (India) Limited has informed the Exchange about Reconstitution the Audit Committee
  • Marine Electricals - Appointment

    11 Aug 2026, 9:03PM Marine Electricals (India) Limited has informed the Exchange regarding Appointment of MR. SHANMUGAM NAGARAJAN as Non- Executive Independent Director
  • Marine Electricals - Price movement

    11 Aug 2026, 10:40AM Significant movement in price has been observed in Marine Electricals (India) Limited. The Exchange, in order to ensure that investors have latest rel
  • Marine Electricals - Price movement

    10 Aug 2026, 5:49PM Significant movement in price has been observed in Marine Electricals (India) Limited. The Exchange, in order to ensure that investors have latest rel
  • Marine Electricals - Bagging/Receiving of orders/contracts

    28 Jul 2026, 10:32AM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals - Credit Rating

    24 Jul 2026, 1:57PM Marine Electricals (India) Limited has informed the Exchange about Credit Rating
  • Marine Electricals - Bagging/Receiving of orders/contracts

    24 Jul 2026, 1:35PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    21 Jul 2026, 8:00PM As of June 2026, 68.19% is owned by Indian Promoters and 31.80% by Public. <p align=justify> Top five Promoters holding highest number of shares of Ma
  • Marine Electricals - General Updates

    14 Jul 2026, 1:58PM Marine Electricals (India) Limited has informed the Exchange about General Updates
  • Marine Electricals - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    14 Jul 2026, 10:37AM Marine Electricals (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Marine Electricals - Cessation

    10 Jul 2026, 7:40PM Marine Electricals (India) Limited has informed the Exchange regarding Cessation of Mr. Madan Gopal Pendse as Independent of the company w.e.f. July
  • Marine Electricals - General Updates

    7 Jul 2026, 3:05PM Marine Electricals (India) Limited has informed the Exchange about General Updates
  • Marine Electricals - Copy of Newspaper Publication

    3 Jul 2026, 6:25PM Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
  • Marine Electricals - Trading Window

    30 Jun 2026, 11:55AM 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

    23 Jun 2026, 12:16PM Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Marine Electricals

    12 Jun 2025 , 10:42AM Marine Electricals: The company received an order worth Rs 60 crore from ACG Universal Capsule for the supply, installation, testing & commissioning of the power distribution system.

Key fundamentals

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

Name March-26 March-25 March-24 March-23 March-22
Assets 513.4767 405.7929 297.5306 234.0578 171.91
Liabilities 513.4767 405.7929 297.5306 234.0578 171.91
Equity 27.9889 27.5889 26.5331 25.2631 24.5331
Gross Profit 81.0218 62.3936 47.2394 34.9786 26.1899
Net Profit 52.8703 41.0234 28.3522 19.5062 12.4664
Cash From Operating Activities -28.866 45.5578 1.1229 -5.5096 39.0322
NPM(%) 7.07 5.85 5.31 4.98 3.86
Revenue 746.9371 700.584 533.7269 391.2713 322.8856
Expenses 665.9153 638.1904 486.4875 356.2927 296.6957
ROE(%) 10.36 8.04 5.55 3.82 2.44

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
11 Sep 2026 0.3 15 0 370.7
12 Sep 2025 0.3 15 0 175.08
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 864.30 -1.81 10.57 0.00 823.23 0.00
Lakshya Powertech Ltd 89.10 -3.26 8.96 0.00 99.38 0.00
Rex Pipes and Cables Industries Ltd 160.65 0.00 32.65 0.00 49.19 0.00
Exicom Tele-Systems Ltd 161.44 -0.11 0.00 0.00 -197.10 0.00

Company Info

The 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 Rs. 28,766.39 lakhs in FY 2017-18; EBITDA has increased at a CAGR of 16.88% from Rs.1,405.27 lakhs in FY 2013-14 to Rs.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. 2025-"Marine Electricals (India) Limited and DanfossIndustries Private Limited enter into a strategic collaboration".

The 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 Rs. 28,766.39 lakhs in FY 2017-18; EBITDA has increased at a CAGR of 16.88% from Rs.1,405.27 lakhs in FY 2013-14 to Rs.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. 2025-"Marine Electricals (India) Limited and DanfossIndustries Private Limited enter into a strategic collaboration".

Parent Organisation

Marine Electricals (India) Ltd.

Founded

04/12/2007

Managing Director

Mr.Venkatesh Krishnappa Uchil

NSE Symbol

MARINEEQ

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