MARINE
Marine Electricals (India) Limited (MARINE) Stock Analysis
Marine Electricals (India) Limited is an Indian marine and industrial electrical equipment company supplying switchboards, automation, and lighting for ships, defence, and industrial projects. It executes customized electrical packages for shipyards and EPC firms. Order intake depends on shipbuilding and refinery capex. It is listed on Indian stock exchanges.
Industrials › Electrical Equipment & Parts
₹474.60
-0.90% 1W | +123.20% 52W
Market Cap
6.6k CR
P/E Ratio
105.5
52W High
₹490.9
52W Low
₹150.9
Div. Yield
0.06%
Beta
1.1
50 DMA
₹396.6
200 DMA
₹261.6
Profit Margin
6.6%
Inst. Own.
0%
📊 ANALYZING TREND
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 101 | 137 | 147 | 237 | 138 | 184 | 194 | 251 | 167 | 222 | 210 | 277 | 259 |
| Expenses | 91 | 127 | 135 | 217 | 125 | 163 | 182 | 228 | 150 | 196 | 190 | 246 | 231 |
| Operating Profit | 10 | 10 | 11 | 20 | 13 | 21 | 11 | 22 | 17 | 26 | 20 | 32 | 28 |
| OPM % | 10% | 7% | 8% | 9% | 10% | 12% | 6% | 9% | 10% | 12% | 10% | 11% | 11% |
| Other Income | 1 | 2 | 1 | 4 | 3 | 2 | 4 | 4 | 5 | 4 | 4 | 2 | 4 |
| Interest | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 8 | 4 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 5 |
| Profit before tax | 6 | 7 | 7 | 17 | 10 | 16 | 8 | 18 | 15 | 22 | 16 | 22 | 24 |
| Tax % | 37% | 30% | 23% | 28% | 27% | 21% | 40% | 27% | 25% | 26% | 24% | 17% | 26% |
| Net Profit | 4 | 5 | 5 | 12 | 7 | 13 | 5 | 14 | 12 | 17 | 12 | 19 | 18 |
| EPS in Rs | 0.28 | 0.37 | 0.38 | 0.96 | 0.54 | 0.92 | 0.38 | 0.97 | 0.84 | 1.20 | 0.85 | 1.32 | 1.23 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 236 | 250 | 272 | 369 | 400 | 263 | 251 | 376 | 443 | 622 | 767 | 877 | 969 |
| Expenses | 216 | 229 | 246 | 337 | 378 | 240 | 224 | 344 | 404 | 570 | 698 | 782 | 863 |
| Operating Profit | 20 | 21 | 26 | 31 | 22 | 22 | 27 | 32 | 39 | 52 | 69 | 94 | 106 |
| OPM % | 8% | 8% | 9% | 9% | 6% | 9% | 11% | 9% | 9% | 8% | 9% | 11% | 11% |
| Other Income | 3 | 2 | 2 | 3 | 4 | 6 | 8 | 4 | 5 | 7 | 13 | 15 | 14 |
| Interest | 5 | 3 | 5 | 7 | 8 | 11 | 9 | 7 | 10 | 12 | 14 | 19 | 20 |
| Depreciation | 6 | 5 | 5 | 5 | 5 | 10 | 9 | 9 | 8 | 10 | 16 | 15 | 16 |
| Profit before tax | 12 | 14 | 18 | 23 | 13 | 8 | 17 | 19 | 25 | 36 | 52 | 76 | 84 |
| Tax % | 29% | 34% | 38% | 28% | 29% | 24% | 20% | 32% | 33% | 29% | 27% | 23% | |
| Net Profit | 9 | 9 | 11 | 16 | 9 | 6 | 14 | 13 | 17 | 26 | 38 | 59 | 65 |
| EPS in Rs | 0.92 | 1.07 | 1.19 | 1.75 | 0.75 | 0.46 | 1.05 | 1.06 | 1.35 | 1.95 | 2.79 | 4.17 | 4.60 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 19% | 0% | 0% | 10% | 11% | 7% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 26.0% | 28.0% | 13.0% |
| Profit CAGR | 52.0% | 35.0% | 20.0% |
Shareholding Pattern
Promoters68.45%
FIIs0.08%
DIIs0.07%
Public31.40%
Promoters68.46%
FIIs0.18%
DIIs0.12%
Public31.24%
Promoters68.54%
FIIs0.65%
DIIs0.12%
Public30.69%
Promoters68.20%
FIIs0.59%
DIIs0.34%
Public30.87%
Promoters68.20%
FIIs1.12%
DIIs0.41%
Public30.27%
Promoters74.46%
Public25.54%
Promoters71.98%
FIIs0.02%
Public27.99%
Promoters68.45%
FIIs0.15%
DIIs0.04%
Public31.35%
Promoters68.20%
FIIs0.59%
DIIs0.34%
Public30.87%
Promoters68.20%
FIIs1.12%
DIIs0.41%
Public30.27%
MARINE
Holdings Analysis
Key strengths & risk signals
85
Overall
77
Fundamental
94
Technical
Risks (1)
LOW MARGIN! 6.6% profit margin - thin profits.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (396.6) is above 200-day average (261.6) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
EXCELLENT YEAR! Stock gained 123.2% in the last year.
Fundamental & Technical Analysis
85Overall
77Fundamental
94Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 25.6% (EXCELLENT, 15/15). Profit CAGR: 50.9% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 6.6% profit margin - thin profits.
PEG Valuation
7/10
OVERVALUED! PEG of 2.07 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.06% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.14 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 25.54% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (396.6) is above 200-day average (261.6) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (474.6) is above both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 123.2% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 2,798,639 vs down days: 1,125,883. Ratio: 2.49x
RSI
3/5
BULLISH! RSI at 65.5 - positive momentum.
52W Range
5/5
STRONG! Trading at 95.2% of 52W range - near yearly highs.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - -0.9% (1 week), 13.2% (1 month), 85.4% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.10 - moves with the market.
Peer Comparison
Industrials · Electrical Equipment & Parts · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARINE | ₹474.60 | 105.5 | 6.6% | 25.6% | 50.9% | +123.2% | 85 | BREAKOUT | – | -6.5% | – | -6.6% |
| KSHINTL | ₹1,021.60 | 52.9 | 3.5% | 44.2% | 60.5% | +182.1% | 75 | APPROACHING SUPPORT | +85.9% | +22.3% | +108.4% | +14.3% |
| SPECTRUM | ₹3,682.40 | 96.7 | 8.7% | 25.5% | 73.9% | +178.2% | 85 | BREAKOUT | +128.1% | -51.1% | +81.0% | -45.4% |
| RAMRAT | ₹585.10 | 43 | 2.1% | 25.0% | 33.6% | +89.4% | 85 | BOUNCE FROM SUPPORT | +127.1% | -9.7% | +88.6% | +5.7% |
| UNIVCABLES | ₹1,510.40 | 26.7 | 5.9% | 11.1% | 11.3% | +121.0% | 63 | APPROACHING RESISTANCE | +108.6% | +26.8% | +57.5% | +12.5% |
| GENUSPOWER | ₹294.90 | 12.6 | 12.6% | 80.1% | 173.4% | -0.5% | 66 | CONSOLIDATING DOWN | +43.2% | +14.4% | +44.8% | -11.2% |
| PRECWIRE | ₹476.00 | 50.3 | 2.9% | 22.7% | 37.7% | +135.1% | 74 | APPROACHING SUPPORT | +71.6% | -15.3% | +60.4% | +1.5% |
| TARIL | ₹304.00 | 35.8 | 10.1% | 21.5% | 86.5% | -39.6% | 77 | BREAKOUT | -8.8% | -31.1% | +8.1% | -26.9% |
Data from TradeAlone · Updated daily
