Marinetrans India Limited

Marinetrans India Limited (MARINETRAN) is a micro-cap Services company valued at ₹18 crore operating in Logistics Solution Provider on the NSE and BSE.

Recent price move

Marinetrans India Limited last traded at ₹13.8, unchanged on the day.

Financial performance

The company's business is declining, with annual revenue falling 19.6% to ₹127 crore and the latest quarter revenue dropping 11.4% to ₹70 crore. Profitability remains weak, with annual net profit at ₹1 crore, up 0.8 percentage points in margin but still at 0.8%. The latest quarter shows no profit, continuing a trend of zero net profit in the last four quarters.

Valuation multiples

The stock trades at 30.0 times earnings, a premium to the Services median of 16.3, 0.77 times book value.

Things to watch

The company has not paid dividends despite reporting profits, which raises concerns about capital allocation. The stock is significantly below its 52-week high, down 42.9%, indicating poor price momentum. The business quality score is low, reflecting weak earnings growth and profitability.

Where it stands

The DocStoX verdict of avoid follows from the company's poor earnings growth, weak profitability, and lack of dividend payouts. The most critical factor is the consistent zero net profit in the last four quarters, which signals ongoing struggles with profitability.

Summarised by DocStoX's model on 2026-09-08 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.