Marine Electricals (India) Limited
₹427.90▼ -12.75 (-2.89%)
MARINE·NSE·Capital Goods
Market Cap
6003.62 Cr
PE Ratio
101.40
Volume
8,10,773
Day High - Low
450.60 - 427.15
52W High-Low
490.85 - 150.86
₹427.90▼ -12.75 (-2.89%)
Market Cap6003.62 Cr
PE Ratio101.40
Volume8,10,773
Day High - Low450.60 - 427.15
52W High-Low490.85 - 150.86
Marine Electricals (India) Limited (MARINE): company summary
The company's business is improving, with annual revenue rising 14.3% and net profit growing 54.3% year-over-year.
Marine Electricals (India) Limited (MARINE) is a small-cap Capital Goods company valued at ₹6,004 crore operating in Industrial Products on the NSE and BSE.
- Recent price move
- Marine Electricals (India) Limited last traded at ₹427.9, down 2.89% on the day.
- Recent developments
- 2026-09-21: Marine Electricals expanded its manufacturing capacity by opening a new Goa plant to produce power train units for data centres, marking its sixth production unit and a strategic move to meet growing demand in the sector.
- Financial performance
- The company's business is improving, with annual revenue rising 14.3% and net profit growing 54.3% year-over-year. The latest quarter saw revenue jump 55.2% and net profit rise 45.9% compared to the same quarter a year earlier. Margins have improved, with the net profit margin rising 1.7 percentage points to 6.7%, and returns remain strong at 11.8% on equity and 16.3% on capital employed.
- Valuation multiples
- The stock trades at 101.4 times earnings, 11.61 times book value. It yields 0.1%.
- Things to watch
- The company's promoter holding fell by 5.32 percentage points in the latest quarter, raising questions about ownership stability. The stock is currently 3.0% below its 52-week high, indicating a pullback from recent peak levels.
- Where it stands
- Marine Electricals has delivered strong growth in both revenue and profit, with recent quarters showing robust expansion. The company's promoter holding has declined, and the stock is trading below its 52-week high. The recent capex expansion in Goa highlights ongoing investment in growth areas.
Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
DocStoX Score
5.5/10
Fair
Fair Value
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ROE
11.84%
Average
P/E
101.40x
Expensive
Debt / Equity
0.18
Low
Industry
Capital Goods
Industrial Products
Overall View
Mixed
Price performance
Day₹427.15
₹450.60
52W₹150.86
₹490.85
DocStoX take
Supported by growth (10.0) and momentum (7.5), but held back by valuation (0.0). Growth looks strong at 10.0, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidence5.5
/10
Fair
Quality
Modest
ROE 11.8%
Valuation
Expensive
P/E 101.4×
Growth
Strong
Revenue +28.4% 5Y CAGR
Risk
Moderate
D/E 0.18
Momentum
Strong
81% of 52-week range
At a glance
Market Cap
₹6,004 Cr
52W High / Low
₹491 / ₹151
Dividend Yield
0.07%
Promoter Holding
68.20%
EPS (TTM)
₹4.22
Book Value
₹35.22
Key highlights
- Profit compounding 33% a year
- Low leverage — D/E 0.18
- Revenue compounding 28% a year
- Valuation is weak (0.0/10)
- Expensive at 101× earnings
4 Positives2 Watchouts
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Marine Electricals (India) Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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