Marine Electricals (India) Ltd Share Price

Electric Equipment - General - Medium / Small

NSE: MARINE Small Cap ISIN: INE01JE01028

As on 31 January 2025 at 14:04 IST

₹209

+ 8.65

(4.32%)

Sell Buy

Over 1 Month

-23.95%

Over 6 Months

-19.43%

Over 1 Year

97.49%

Over 3 Years

460.42%

Marine Electricals (India) Ltd Summary

Close ₹ 209

Open ₹ 202.70

High ₹ 209

Low ₹ 198

Volume 1,39,821

Net Turnover (in ₹ Cr) ₹ 3.16

52Wk High ₹ 333

52Wk Low ₹ 84.75

52Wk High / Low

84.75

333

Marine Electricals (India) Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 2,763.72

EPS (TTM) 2.66

Book Value (BV) 25.65

Div. Yield -

P/E (TTM) 75.32

Price/Book Value 7.81

Delivery % -

Face Value 2

Key Ratios

PE Ratio 42.15

PB Ratio 5.45

EV to Sales 2.35

PEG Ratio 1.08

ROA 9.33

ROE 14.08

Debt-Equity 0.32

Net Profit Margin 5.31

Operating Profit Margin 10.29

Marine Electricals (India) Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	447.38	381.18	259.02	268.99	403.78
Total Expenses	422.31	361.72	242.10	261.28	390.92
Profit Before Tax	25.07	19.44	16.91	7.71	12.86
Profit After Tax	16.80	13.28	13.53	5.89	9.15
Operating Profit after Depreciation	35.01	26.75	25.84	18.75	21.23

Balance Sheet

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Fixed Assets	60.94	43.96	42.78	47.04	42.82
Total Non Current Assets	106.78	69.51	60.27	68.72	64.43
Total Current Assets	358.96	303.91	322.96	314.11	308.73
TOTAL ASSETS	465.74	373.42	383.23	382.83	373.16
Total Shareholder's Fund	208.37	174.58	162.99	150.04	154.50

Cash Flow

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Net Cash from Operating Activities	-2.09	46.64	2.28	22.64	-53.48
Net Cash used in Investing Activities	-27.71	-18.29	1.39	-1.34	0.64
Net Cash used in Financing Activities	31.27	-31.17	-7.04	-18.62	43.72

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	541.40	397.41	328.39	203.46	212.47
Total Expenses	503.59	371.04	310.75	192.60	206.46
Profit Before Tax	37.81	26.37	17.64	10.86	6.01
Profit After Tax	28.35	19.51	12.47	7.83	4.75
Operating Profit after Depreciation	48.21	34.99	24.09	18.58	14.78

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	42.40	34.41	33.27	33.69	39.59
Total Non Current Assets	128.52	102.05	64.50	58.71	66.58
Total Current Assets	390.45	270.28	215.07	238.92	227.73
TOTAL ASSETS	518.97	372.33	279.58	297.63	294.31
Total Shareholder's Fund	222.75	180.08	144.16	133.88	125.60

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1.12	-6.18	37.98	-2.89	21.38
Net Cash used in Investing Activities	-24.26	-27.22	-11.28	-1.59	-0.31
Net Cash used in Financing Activities	24.35	33.29	-27.36	0.69	-19.39

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	184.10	138.46	237.08	146.65	137.32
Total Expenses	162.67	125.11	216.64	135.17	127.21
Profit Before Tax	16.24	9.71	17	6.93	6.80
Profit After Tax	12.76	7.05	12.18	5.32	4.75
Operating Profit after Depreciation	23.55	16.42	24.12	12.72	11.80

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	165.47	125.21	201.92	124.31	121.41
Total Expenses	149.52	112.20	181.70	114.83	112.73
Profit Before Tax	12.85	10.82	17.97	6.63	6.73
Profit After Tax	9.72	8.27	13.49	5.16	4.95
Operating Profit after Depreciation	18.34	15.90	23.15	11.21	10.52

Marine Electricals (India) Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 194.08

S2 187.82

S3 180.13

Pivot 201.77

R1 208.03

R2 215.72

R3 221.98

Moving Average

20 SMA 229.50

50 SMA 257.27

100 SMA 242.23

200 SMA 210.23

Marine Electricals (India) Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Marine Electricals (India) Ltd

₹0.2/Share

Announcement Date 20 Sep 2024

Record Date 20 Sep 2024

Div Yield 10%

AGM Date: 19 Sep 2022

Marine Electricals (India) Limited has informed the Exchange about Board Meeting held on 22-Aug-2022 to consider Fund raising and Other business matters Marine Electricals (India) Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 13-Sep-2022 to 19-Sep-2022 for the purpose of 15th Annual General Meeting. Marine Electricals (India) Limited has informed the Exchange about Newspaper Advertisements for Pre-AGM public notice (As Per NSE Announcement Dated on 23.08.2022) Marine Electricals (India) Limited has informed the Exchange about Notice of 15th Annual General Meeting to be held on Monday, 19-Sep-2022 (As Per NSE Announcement Dated on 25.08.2022) Marine Electricals (India) Limited has informed the Exchange about Newspaper Advertisement for dispatch of Notice of 15th Annual General Meeting (AGM) along with the Annual Report for the FY 2021-22 and e-Voting information (As Per NSE Announcement Dated on 27.08.2022) Marine Electricals (India) Limited has informed the Exchange about Proceedings of Annual General Meeting held on 19-Sep-2022 (As Per NSE Announcement Dated on 19.09.2022) Marine Electricals (India) Limited has informed the Exchange about Evoting Results and Scrutinizer report of 15th Annual General Meeting held on 19-Sep-2022 (As Per NSE Announcement Dated on 20.09.2022)

AGM Date: 26 Sep 2023

Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on August 11, 2023. Marine Electricals (India) Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 20-Sep-2023 to 26-Sep-2023 for the purpose of Meeting. Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 26, 2023 (As Per NSE Announcement Dated on: 01/09/2023)

AGM Date: 27 Sep 2024

Convening of the 17th Annual General Meeting of the company on Friday, 27th September 024 at 3.00 P.M. IST through video conference and/or other audio-visual means. Marine Electricals (India) Limited has informed the Exchange about Proceedings of the 17th Annual General Meeting of the Company (AGM) held on Friday, 27th September, 2024 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) (As Per NSE Announcement Dated on: 27/09/2024)

EGM Date: 17 Aug 2024

Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on July 24, 2024. Marine Electricals (India) Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on August 17, 2024 (As Per NSE Announcement Dated on: 25/07/2024) MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 17-Aug-2024 (As Per NSE Announcement Dated on: 26/07/2024) Marine Electricals (India) Limited has informed the Exchange regarding 'Sub: Corrigendum to the Notice of Extraordinary General Meeting dated July 24, 2024 ofMarine Electricals (India) Limited.This is with reference to the Notice of Extraordinary General Meeting dated July 24, 2024 issued tothe members of Marine Electricals (India) Limited ( Company ) on July 25, 2024 and the ongoing evotingavailable from Tuesday, August 13, 2024, 9:00 a.m. (IST) to Friday, August 16, 2024 at 5:00p.m. (IST). We are submitting herewith, a corrigendum dated August 13, 2024 to the above referredNotice of Extraordinary General Meeting dated July 24,2024 of the Company ( Corrigendum ).The Company through this corrigendum ('Corrigendum') wishes to bring to the notice of theShareholders, certain corrections/rectifications in respect of the Preferential Issue, in the said EGMNotice based on comments received from National Stock Exchange of India Limited.This Corrigendum to the Notice of the Extra Ordinary General Meeting shall form an integral part ofthe Notice of Extra Ordinary General Meeting dated July 24, 2024 which has already been circulatedto shareholders of Company and on and from the date hereof and the Extraordinary General Meetingnotice shall always be read in conjunction with this Corrigendum which is also being uploaded on thewebsite of the Company at www.marineelectricals.com, on the website of Big Share Services PrivateLimited at https://www.bigshareonline.com. The said Corrigendum is also available on the websiteof the Stock Exchange, i.e The National Stock Exchange of India Limited ('NSE') at www.nseindia.com.All other contents/information mentioned in the Extraordinary General Meeting Notice togetherwith the explanatory statement, save and except as modified or supplemented by the Corrigendum,shall remain unchanged.'. (As Per NSE Announcement Dated on: 13/08/2024) Marine Electricals (India) Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on August 17, 2024 (As Per NSE Announcement Dated on: 17/08/2024) Marine Electricals (India) Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on August 17, 2024. Further, the company has informed the Exchange regarding voting results. (As Per NSE Announcement Dated on: 20/08/2024)

Marine Electricals (India) Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Marine Electricals (India) Ltd	₹200.35	₹2,763.72
Siemens Ltd	₹5,874.15	₹2,09,190.53
ABB India Ltd	₹5,720.05	₹1,21,212.65
CG Power & Industrial Solutions Ltd	₹620.55	₹94,867.01
Suzlon Energy Ltd	₹55.39	₹74,984.06
Bharat Heavy Electricals Ltd	₹196.30	₹68,352.90

Marine Electricals (India) Ltd News

Marine Electricals (India) to table results

On 12 November 2024

31 Oct 2024, 02:32 pm

Board of Marine Electricals (India) recommends final dividend

Of Rs 0.2 per share

13 Aug 2024, 09:37 am

Marine Electricals (India) to conduct AGM

On 27 September 2024

13 Aug 2024, 09:37 am

Marine Electricals (India) announces board meeting date

On 12 August 2024

10 Aug 2024, 04:57 pm

Marine Electricals (India) to hold EGM

On 17 August 2024

25 Jul 2024, 02:41 pm

Marine Electricals (India) Ltd Stock Analysis

Annual revenue for Marine Electricals (India) Ltd increased by 36.23% to ₹541.40 crore in FY 2024 from ₹397.41 crore in FY 2023.
Annual Net Profit for Marine Electricals (India) Ltd increased by 45.35% to ₹28.35 crore in FY 2024 from ₹19.51 crore in FY 2023.
Promoter Shareholding in Marine Electricals (India) Ltd decreased by 3.83% in the most recent quarter, from 71.17% in September 2024 to 68.45% in December 2024.
Marine Electricals (India) Ltd delivered a 1-year return of 97.49% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Marine Electricals (India) Ltd share price moved up by 4.32% from its previous close of INR ₹200.35. The latest Marine Electricals (India) Ltd share price is INR ₹209.
Marine Electricals (India) Ltd share price today has been at a low of 198 and a high of 209. Over the past 52 weeks, the Marine Electricals (India) Ltd share price has seen a low of 84.75 and a high of 333.