Marine Electricals (India) Ltd.
•₹ 375.650.64%
2026-08-21
PROS
- Company has delivered good profit growth of 45.3% CAGR over last 5 years
- Latest quarter profit grew 51.0% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 23.9% CAGR over last 5 years
- Company maintains a comfortable, low leverage position
CONS
- Promoter holding has decreased over last 2 years: -3.0pp
- A large part of profit comes from other income (25.7% of PBT)
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.56x)
- Operating cash flow has been negative in recent years
- Working capital days have increased from 93 to 155 days
- Free cash flow has been persistently negative
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7400.00 | 52.48 | 156812.20 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33550.00 | 0.00 | 149540.28 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3880.10 | 42.19 | 138178.32 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 862.90 | 108.75 | 135945.59 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3483.60 | 0.00 | 124058.14 | 0.11 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4119.00 | 564.77 | 105465.57 | 0.24 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1278.00 | 49.11 | 80202.38 | 0.78 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2688.00 | 20.26 | 77320.68 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16607.65 | 58.86 | 69540.11 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 46.78 | 20.45 | 64302.09 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1254.75 | 0.00 | 30001.58 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | MARINE | 371.45 | 81.19 | 5198.24 | 0.00 | 17.51 | 51.00 | 259.16 | 55.21 | 16.63 | 10.89 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 | 137 | 147 | 237 | 138 | 184 | 194 | 251 | 167 | 222 | 210 | 277 | 259 | |
| 91 | 127 | 135 | 217 | 125 | 163 | 182 | 228 | 150 | 196 | 190 | 246 | 240 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 2 | 1 | 4 | 3 | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 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 |
| 6 | 7 | 7 | 17 | 10 | 16 | 8 | 18 | 15 | 22 | 16 | 22 | 24 | |
| Tax % | 36.98% | 30.25% | 23.24% | 28.70% | 27.38% | 21.53% | 40.17% | 26.70% | 25.02% | 25.54% | 24.01% | 17.02% | 26.26% |
| Net Profit | 0 | 0 | 0 | 0 | 7 | 13 | 5 | 14 | 12 | 17 | 12 | 19 | 18 |
| 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 25 | 26 | 26 | 27 | 27 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 25 | 26 | 26 | 27 | 27 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 101
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- 6
- Tax %
- 36.98%
- Net Profit
- 0
- 0
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 137
- 127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 2
- 7
- Tax %
- 30.25%
- Net Profit
- 0
- 0
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 147
- 135
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 3
- 7
- Tax %
- 23.24%
- Net Profit
- 0
- 0
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 237
- 217
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 3
- 17
- Tax %
- 28.70%
- Net Profit
- 0
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 138
- 125
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 3
- Depreciation
- 3
- 10
- Tax %
- 27.38%
- Net Profit
- 7
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 184
- 163
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 4
- 16
- Tax %
- 21.53%
- Net Profit
- 13
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 194
- 182
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 4
- 8
- Tax %
- 40.17%
- Net Profit
- 5
- 0
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 251
- 228
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 4
- 18
- Tax %
- 26.70%
- Net Profit
- 14
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 167
- 150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 3
- 15
- Tax %
- 25.02%
- Net Profit
- 12
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 222
- 196
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 4
- 22
- Tax %
- 25.54%
- Net Profit
- 17
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 210
- 190
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 4
- 16
- Tax %
- 24.01%
- Net Profit
- 12
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 277
- 246
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 4
- 22
- Tax %
- 17.02%
- Net Profit
- 19
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 259
- 240
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 5
- 24
- Tax %
- 26.26%
- Net Profit
- 18
- 0
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 250 | 272 | 369 | 400 | 263 | 251 | 376 | 443 | 622 | 767 | 969 | |
| 229 | 246 | 337 | 378 | 241 | 224 | 345 | 404 | 570 | 699 | 872 | |
| Operating Profit | 23 | 28 | 34 | 26 | 28 | 35 | 36 | 43 | 59 | 82 | — |
| OPM % | 9 | 10 | 9 | 7 | 11 | 14 | 10 | 10 | 9 | 11 | — |
| Other Income | 2 | 2 | 3 | 4 | 6 | 8 | 5 | 5 | 7 | 13 | 15 |
| Interest | 3 | 5 | 7 | 8 | 11 | 9 | 7 | 10 | 12 | 14 | 20 |
| Depreciation | 5 | 5 | 5 | 5 | 10 | 9 | 9 | 8 | 10 | 16 | 16 |
| 14 | 18 | 23 | 13 | 8 | 17 | 19 | 25 | 36 | 52 | 84 | |
| Tax % | 34 | 37 | 28 | 29 | 24 | 20 | 32 | 33 | 29 | 27 | 23 |
| Net Profit | 9 | 11 | 16 | 9 | 6 | 14 | 13 | 17 | 26 | 38 | 65 |
| EPS | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 19 | 0 | 0 | 10 | 11 | — |
| Minority Interest | -0 | -1 | -0 | 0 | -0 | -1 | -0 | 0 | 0 | 0 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | — |
| Minority Interest | -0 | -1 | -0 | 0 | -0 | -1 | -0 | 0 | 0 | 0 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | — |
Mar 2016
- 250
- 229
- Operating Profit
- 23
- OPM %
- 9
- Other Income
- 2
- Interest
- 3
- Depreciation
- 5
- 14
- Tax %
- 34
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 272
- 246
- Operating Profit
- 28
- OPM %
- 10
- Other Income
- 2
- Interest
- 5
- Depreciation
- 5
- 18
- Tax %
- 37
- Net Profit
- 11
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 369
- 337
- Operating Profit
- 34
- OPM %
- 9
- Other Income
- 3
- Interest
- 7
- Depreciation
- 5
- 23
- Tax %
- 28
- Net Profit
- 16
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 400
- 378
- Operating Profit
- 26
- OPM %
- 7
- Other Income
- 4
- Interest
- 8
- Depreciation
- 5
- 13
- Tax %
- 29
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 263
- 241
- Operating Profit
- 28
- OPM %
- 11
- Other Income
- 6
- Interest
- 11
- Depreciation
- 10
- 8
- Tax %
- 24
- Net Profit
- 6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 251
- 224
- Operating Profit
- 35
- OPM %
- 14
- Other Income
- 8
- Interest
- 9
- Depreciation
- 9
- 17
- Tax %
- 20
- Net Profit
- 14
- EPS
- 1
- Dividend Payout %
- 19
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 376
- 345
- Operating Profit
- 36
- OPM %
- 10
- Other Income
- 5
- Interest
- 7
- Depreciation
- 9
- 19
- Tax %
- 32
- Net Profit
- 13
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 443
- 404
- Operating Profit
- 43
- OPM %
- 10
- Other Income
- 5
- Interest
- 10
- Depreciation
- 8
- 25
- Tax %
- 33
- Net Profit
- 17
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 622
- 570
- Operating Profit
- 59
- OPM %
- 9
- Other Income
- 7
- Interest
- 12
- Depreciation
- 10
- 36
- Tax %
- 29
- Net Profit
- 26
- EPS
- 2
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 767
- 699
- Operating Profit
- 82
- OPM %
- 11
- Other Income
- 13
- Interest
- 14
- Depreciation
- 16
- 52
- Tax %
- 27
- Net Profit
- 38
- EPS
- 3
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 969
- 872
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 20
- Depreciation
- 16
- 84
- Tax %
- 23
- Net Profit
- 65
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 13%
- 5 Years:
- 24%
- 3 Years:
- 27%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 17%
- 5 Years:
- 47%
- 3 Years:
- 44%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 58%
- 3 Years:
- 79%
- 1 Year:
- 114%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 10%
- 3 Years:
- 11%
- Last Year:
- 12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 17 | 17 | 18 | 25 | 25 | 25 | 25 | 25 | 27 | 28 |
| 46 | 58 | 78 | 130 | 126 | 138 | 150 | 178 | 224 | 366 | |
| 23 | 33 | 42 | 44 | 41 | 46 | 31 | 43 | 65 | 26 | |
| Trade Payables | 35 | 82 | 164 | 134 | 149 | 127 | 123 | 145 | 215 | 197 |
| 27 | 37 | 51 | 41 | 42 | 47 | 44 | 73 | 84 | 103 | |
| Total Liabilities | 149 | 227 | 354 | 373 | 382 | 383 | 372 | 465 | 614 | 720 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 43 | 56 | 39 | 43 | 47 | 43 | 44 | 61 | 70 | 70 | |
| Capital Work in Progress | 0 | 0 | 14 | 14 | 0 | 0 | 2 | 0 | 3 | 5 |
| 0 | 0 | 3 | 3 | 11 | 3 | 3 | 3 | 6 | 6 | |
| 13 | 35 | 48 | 56 | 75 | 79 | 79 | 64 | 92 | 79 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 317 | 331 | |
| Cash & Bank | 7 | 5 | 24 | 17 | 15 | 14 | 9 | 19 | 23 | 55 |
| 86 | 130 | 226 | 240 | 234 | 244 | 235 | 318 | 103 | 173 | |
| Total Assets | 149 | 227 | 354 | 373 | 382 | 383 | 372 | 465 | 614 | 720 |
| Total Debt | 32 | 40 | 46 | 57 | 50 | 55 | 35 | 65 | 95 | 50 |
| Net Working Capital | 30 | 29 | 40 | 112 | 102 | 122 | 120 | 135 | 158 | 326 |
| Contingent Liabilities | 39 | 49 | 97 | 81 | 76 | 89 | 87 | 108 | 118 | 174 |
| Book Value per Share | 36.90 | 43.80 | 52.97 | 62.98 | 61.16 | 13.29 | 14.23 | 16.13 | 18.90 | 28.52 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 32 | 40 | 46 | 57 | 50 | 55 | 35 | 65 | 95 | 50 |
| Net Working Capital | 30 | 29 | 40 | 112 | 102 | 122 | 120 | 135 | 158 | 326 |
| Contingent Liabilities | 39 | 49 | 97 | 81 | 76 | 89 | 87 | 108 | 118 | 174 |
| Book Value per Share | 36.90 | 43.80 | 52.97 | 62.98 | 61.16 | 13.29 | 14.23 | 16.13 | 18.90 | 28.52 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- Equity Capital
- 17
- 46
- 23
- Trade Payables
- 35
- 27
- Total Liabilities
- 149
- 43
- Capital Work in Progress
- 0
- 0
- 13
- 0
- Cash & Bank
- 7
- 86
- Total Assets
- 149
- Total Debt
- 32
- Net Working Capital
- 30
- Contingent Liabilities
- 39
- Book Value per Share
- 36.90
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- 30
- Contingent Liabilities
- 39
- Book Value per Share
- 36.90
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 17
- 58
- 33
- Trade Payables
- 82
- 37
- Total Liabilities
- 227
- 56
- Capital Work in Progress
- 0
- 0
- 35
- 0
- Cash & Bank
- 5
- 130
- Total Assets
- 227
- Total Debt
- 40
- Net Working Capital
- 29
- Contingent Liabilities
- 49
- Book Value per Share
- 43.80
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- 29
- Contingent Liabilities
- 49
- Book Value per Share
- 43.80
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 18
- 78
- 42
- Trade Payables
- 164
- 51
- Total Liabilities
- 354
- 39
- Capital Work in Progress
- 14
- 3
- 48
- 0
- Cash & Bank
- 24
- 226
- Total Assets
- 354
- Total Debt
- 46
- Net Working Capital
- 40
- Contingent Liabilities
- 97
- Book Value per Share
- 52.97
- Face Value
- 10.00
- Total Debt
- 46
- Net Working Capital
- 40
- Contingent Liabilities
- 97
- Book Value per Share
- 52.97
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 25
- 130
- 44
- Trade Payables
- 134
- 41
- Total Liabilities
- 373
- 43
- Capital Work in Progress
- 14
- 3
- 56
- 0
- Cash & Bank
- 17
- 240
- Total Assets
- 373
- Total Debt
- 57
- Net Working Capital
- 112
- Contingent Liabilities
- 81
- Book Value per Share
- 62.98
- Face Value
- 10.00
- Total Debt
- 57
- Net Working Capital
- 112
- Contingent Liabilities
- 81
- Book Value per Share
- 62.98
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 25
- 126
- 41
- Trade Payables
- 149
- 42
- Total Liabilities
- 382
- 47
- Capital Work in Progress
- 0
- 11
- 75
- 0
- Cash & Bank
- 15
- 234
- Total Assets
- 382
- Total Debt
- 50
- Net Working Capital
- 102
- Contingent Liabilities
- 76
- Book Value per Share
- 61.16
- Face Value
- 10.00
- Total Debt
- 50
- Net Working Capital
- 102
- Contingent Liabilities
- 76
- Book Value per Share
- 61.16
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 25
- 138
- 46
- Trade Payables
- 127
- 47
- Total Liabilities
- 383
- 43
- Capital Work in Progress
- 0
- 3
- 79
- 0
- Cash & Bank
- 14
- 244
- Total Assets
- 383
- Total Debt
- 55
- Net Working Capital
- 122
- Contingent Liabilities
- 89
- Book Value per Share
- 13.29
- Face Value
- 2.00
- Total Debt
- 55
- Net Working Capital
- 122
- Contingent Liabilities
- 89
- Book Value per Share
- 13.29
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 25
- 150
- 31
- Trade Payables
- 123
- 44
- Total Liabilities
- 372
- 44
- Capital Work in Progress
- 2
- 3
- 79
- 0
- Cash & Bank
- 9
- 235
- Total Assets
- 372
- Total Debt
- 35
- Net Working Capital
- 120
- Contingent Liabilities
- 87
- Book Value per Share
- 14.23
- Face Value
- 2.00
- Total Debt
- 35
- Net Working Capital
- 120
- Contingent Liabilities
- 87
- Book Value per Share
- 14.23
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 25
- 178
- 43
- Trade Payables
- 145
- 73
- Total Liabilities
- 465
- 61
- Capital Work in Progress
- 0
- 3
- 64
- 0
- Cash & Bank
- 19
- 318
- Total Assets
- 465
- Total Debt
- 65
- Net Working Capital
- 135
- Contingent Liabilities
- 108
- Book Value per Share
- 16.13
- Face Value
- 2.00
- Total Debt
- 65
- Net Working Capital
- 135
- Contingent Liabilities
- 108
- Book Value per Share
- 16.13
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 27
- 224
- 65
- Trade Payables
- 215
- 84
- Total Liabilities
- 614
- 70
- Capital Work in Progress
- 3
- 6
- 92
- 317
- Cash & Bank
- 23
- 103
- Total Assets
- 614
- Total Debt
- 95
- Net Working Capital
- 158
- Contingent Liabilities
- 118
- Book Value per Share
- 18.90
- Face Value
- 2.00
- Total Debt
- 95
- Net Working Capital
- 158
- Contingent Liabilities
- 118
- Book Value per Share
- 18.90
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 28
- 366
- 26
- Trade Payables
- 197
- 103
- Total Liabilities
- 720
- 70
- Capital Work in Progress
- 5
- 6
- 79
- 331
- Cash & Bank
- 55
- 173
- Total Assets
- 720
- Total Debt
- 50
- Net Working Capital
- 326
- Contingent Liabilities
- 174
- Book Value per Share
- 28.52
- Face Value
- 2.00
- Total Debt
- 50
- Net Working Capital
- 326
- Contingent Liabilities
- 174
- Book Value per Share
- 28.52
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 16 | 31 | -53 | 23 | 2 | 47 | -3 | -7 | 55 | |
| Cash from Investing | -8 | -18 | -23 | 1 | -1 | 1 | -18 | -27 | -21 | -95 |
| Cash from Financing | 5 | 2 | 3 | 44 | -19 | -7 | -31 | 31 | 32 | 52 |
| -0 | -1 | 11 | -9 | 3 | -3 | -3 | 1 | 4 | 12 | |
| Free Cash Flow | -5 | -1 | 23 | -63 | 23 | -5 | 38 | -25 | -29 | 38 |
| OCF / Net Profit | 0.32 | 1.38 | 1.91 | -5.84 | 3.85 | 0.17 | 3.51 | -0.16 | -0.29 | 1.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -24 | -23 | 16 | -32 | 2 | 17 |
| OCF / Net Profit | 0.32 | 1.38 | 1.91 | -5.84 | 3.85 | 0.17 | 3.51 | -0.16 | -0.29 | 1.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -24 | -23 | 16 | -32 | 2 | 17 |
Mar 2016
- 3
- Cash from Investing
- -8
- Cash from Financing
- 5
- -0
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 0
Mar 2017
- 16
- Cash from Investing
- -18
- Cash from Financing
- 2
- -1
- Free Cash Flow
- -1
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 0
Mar 2018
- 31
- Cash from Investing
- -23
- Cash from Financing
- 3
- 11
- Free Cash Flow
- 23
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 0
Mar 2019
- -53
- Cash from Investing
- 1
- Cash from Financing
- 44
- -9
- Free Cash Flow
- -63
- OCF / Net Profit
- -5.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.84
- Cumulative 5-Year FCF
- 0
Mar 2020
- 23
- Cash from Investing
- -1
- Cash from Financing
- -19
- 3
- Free Cash Flow
- 23
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- -24
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- -24
Mar 2021
- 2
- Cash from Investing
- 1
- Cash from Financing
- -7
- -3
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- -23
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- -23
Mar 2022
- 47
- Cash from Investing
- -18
- Cash from Financing
- -31
- -3
- Free Cash Flow
- 38
- OCF / Net Profit
- 3.51
- Cumulative 5-Year FCF
- 16
- OCF / Net Profit
- 3.51
- Cumulative 5-Year FCF
- 16
Mar 2023
- -3
- Cash from Investing
- -27
- Cash from Financing
- 31
- 1
- Free Cash Flow
- -25
- OCF / Net Profit
- -0.16
- Cumulative 5-Year FCF
- -32
- OCF / Net Profit
- -0.16
- Cumulative 5-Year FCF
- -32
Mar 2024
- -7
- Cash from Investing
- -21
- Cash from Financing
- 32
- 4
- Free Cash Flow
- -29
- OCF / Net Profit
- -0.29
- Cumulative 5-Year FCF
- 2
- OCF / Net Profit
- -0.29
- Cumulative 5-Year FCF
- 2
Mar 2025
- 55
- Cash from Investing
- -95
- Cash from Financing
- 52
- 12
- Free Cash Flow
- 38
- OCF / Net Profit
- 1.45
- Cumulative 5-Year FCF
- 17
- OCF / Net Profit
- 1.45
- Cumulative 5-Year FCF
- 17
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 5.36 | 6.19 | 8.74 | 3.76 | 2.29 | 1.05 | 1.06 | 1.35 | 1.95 | 2.79 |
| Book Value (₹) | 36.90 | 43.80 | 52.97 | 62.98 | 61.16 | 13.29 | 14.23 | 16.13 | 18.90 | 28.52 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.00 | 0.00 | 0.20 | 0.30 |
| Cash EPS (₹) | 1.69 | 1.91 | 2.38 | 1.14 | 1.26 | 1.85 | 1.84 | 1.97 | 2.72 | 3.89 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 9.02% | 10.32% | 9.33% | 6.52% | 10.79% | 13.91% | 9.59% | 9.73% | 8.32% | 8.94% |
| Net Margin % | 3.74% | 4.13% | 4.41% | 2.29% | 2.24% | 5.39% | 3.53% | 3.79% | 4.14% | 4.97% |
| ROE % | 16.01% | 16.18% | 19.04% | 7.32% | 3.87% | 8.65% | 7.87% | 8.88% | 11.34% | 11.83% |
| ROCE % | 20.18% | 21.72% | 22.74% | 12.05% | 9.12% | 12.37% | 12.50% | 14.49% | 15.72% | 16.63% |
| 6.40% | 5.96% | 5.60% | 2.52% | 1.56% | 3.54% | 3.52% | 4.01% | 4.77% | 5.71% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 95 | 122 | 145 | 171 | 250 | 249 | 168 | 164 | 159 | 154 |
| Inventory Days | 25 | 33 | 41 | 47 | 91 | 112 | 77 | 59 | 46 | 41 |
| Payable Days | 86 | 121 | 157 | 171 | 276 | 290 | 161 | 149 | 140 | 135 |
| 34 | 34 | 30 | 47 | 65 | 71 | 83 | 74 | 65 | 60 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.50x | 0.54x | 0.48x | 0.37x | 0.33x | 0.33x | 0.20x | 0.32x | 0.38x | 0.13x |
| Interest Coverage (x) | 5.43x | 4.61x | 4.48x | 2.54x | 1.70x | 2.89x | 3.67x | 3.52x | 3.93x | 4.72x |
| 1.41x | 1.21x | 1.16x | 1.57x | 1.48x | 1.61x | 1.65x | 1.60x | 1.48x | 2.14x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 6.01% | 8.73% | 35.80% | 8.42% | -34.24% | -4.43% | 49.76% | 17.68% | 40.48% | 23.30% |
| Operating Profit Growth % | -0.06% | 24.42% | 22.79% | -24.22% | 8.79% | 23.19% | 3.24% | 19.40% | 36.73% | 39.20% |
| Net Profit Growth % | 9.97% | 19.95% | 44.98% | -43.72% | -35.69% | 129.92% | -1.87% | 26.53% | 53.35% | 47.93% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 45.10% | 42.71% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 46.20x | 56.35x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.77x | 5.50x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.22% | 0.19% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 21.54x | 26.33x |
Mar 2016
- EPS (₹)
- 5.36
- Book Value (₹)
- 36.90
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.69
- Operating Margin %
- 9.02%
- Net Margin %
- 3.74%
- ROE %
- 16.01%
- ROCE %
- 20.18%
- 6.40%
- Debtor Days
- 95
- Inventory Days
- 25
- Payable Days
- 86
- 34
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 5.43x
- 1.41x
- Revenue Growth %
- 6.01%
- Operating Profit Growth %
- -0.06%
- Net Profit Growth %
- 9.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 6.19
- Book Value (₹)
- 43.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.91
- Operating Margin %
- 10.32%
- Net Margin %
- 4.13%
- ROE %
- 16.18%
- ROCE %
- 21.72%
- 5.96%
- Debtor Days
- 122
- Inventory Days
- 33
- Payable Days
- 121
- 34
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 4.61x
- 1.21x
- Revenue Growth %
- 8.73%
- Operating Profit Growth %
- 24.42%
- Net Profit Growth %
- 19.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 8.74
- Book Value (₹)
- 52.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.38
- Operating Margin %
- 9.33%
- Net Margin %
- 4.41%
- ROE %
- 19.04%
- ROCE %
- 22.74%
- 5.60%
- Debtor Days
- 145
- Inventory Days
- 41
- Payable Days
- 157
- 30
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 4.48x
- 1.16x
- Revenue Growth %
- 35.80%
- Operating Profit Growth %
- 22.79%
- Net Profit Growth %
- 44.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 3.76
- Book Value (₹)
- 62.98
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.14
- Operating Margin %
- 6.52%
- Net Margin %
- 2.29%
- ROE %
- 7.32%
- ROCE %
- 12.05%
- 2.52%
- Debtor Days
- 171
- Inventory Days
- 47
- Payable Days
- 171
- 47
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 2.54x
- 1.57x
- Revenue Growth %
- 8.42%
- Operating Profit Growth %
- -24.22%
- Net Profit Growth %
- -43.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.29
- Book Value (₹)
- 61.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.26
- Operating Margin %
- 10.79%
- Net Margin %
- 2.24%
- ROE %
- 3.87%
- ROCE %
- 9.12%
- 1.56%
- Debtor Days
- 250
- Inventory Days
- 91
- Payable Days
- 276
- 65
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 1.70x
- 1.48x
- Revenue Growth %
- -34.24%
- Operating Profit Growth %
- 8.79%
- Net Profit Growth %
- -35.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.05
- Book Value (₹)
- 13.29
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 1.85
- Operating Margin %
- 13.91%
- Net Margin %
- 5.39%
- ROE %
- 8.65%
- ROCE %
- 12.37%
- 3.54%
- Debtor Days
- 249
- Inventory Days
- 112
- Payable Days
- 290
- 71
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 2.89x
- 1.61x
- Revenue Growth %
- -4.43%
- Operating Profit Growth %
- 23.19%
- Net Profit Growth %
- 129.92%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.06
- Book Value (₹)
- 14.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.84
- Operating Margin %
- 9.59%
- Net Margin %
- 3.53%
- ROE %
- 7.87%
- ROCE %
- 12.50%
- 3.52%
- Debtor Days
- 168
- Inventory Days
- 77
- Payable Days
- 161
- 83
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 3.67x
- 1.65x
- Revenue Growth %
- 49.76%
- Operating Profit Growth %
- 3.24%
- Net Profit Growth %
- -1.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.35
- Book Value (₹)
- 16.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.97
- Operating Margin %
- 9.73%
- Net Margin %
- 3.79%
- ROE %
- 8.88%
- ROCE %
- 14.49%
- 4.01%
- Debtor Days
- 164
- Inventory Days
- 59
- Payable Days
- 149
- 74
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 3.52x
- 1.60x
- Revenue Growth %
- 17.68%
- Operating Profit Growth %
- 19.40%
- Net Profit Growth %
- 26.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 1.95
- Book Value (₹)
- 18.90
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.72
- Operating Margin %
- 8.32%
- Net Margin %
- 4.14%
- ROE %
- 11.34%
- ROCE %
- 15.72%
- 4.77%
- Debtor Days
- 159
- Inventory Days
- 46
- Payable Days
- 140
- 65
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 3.93x
- 1.48x
- Revenue Growth %
- 40.48%
- Operating Profit Growth %
- 36.73%
- Net Profit Growth %
- 53.35%
- 45.10%
- P/E (x)
- 46.20x
- P/B (x)
- 4.77x
- Dividend Yield %
- 0.22%
- 21.54x
Mar 2025
- EPS (₹)
- 2.79
- Book Value (₹)
- 28.52
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 3.89
- Operating Margin %
- 8.94%
- Net Margin %
- 4.97%
- ROE %
- 11.83%
- ROCE %
- 16.63%
- 5.71%
- Debtor Days
- 154
- Inventory Days
- 41
- Payable Days
- 135
- 60
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 4.72x
- 2.14x
- Revenue Growth %
- 23.30%
- Operating Profit Growth %
- 39.20%
- Net Profit Growth %
- 47.93%
- 42.71%
- P/E (x)
- 56.35x
- P/B (x)
- 5.50x
- Dividend Yield %
- 0.19%
- 26.33x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-17 - Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
- Press Release
2026-08-17 - Marine Electricals (India) Limited has informed the Exchange regarding a press release dated August 17, 2026, titled "Press Release for Financial Results for the Quarter Ended 30th June 2026".
Annual Reports
Credit Ratings
- Credit Rating
2026-07-24 - Marine Electricals (India) Limited has informed the Exchange about Credit Rating