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NSE Close — 25 Sep 2026
₹413.75
Change
+12.25 (3.05%)
Open
₹404.55
Prev. Close
₹401.5
Day High
₹418.75
Day Low
₹396.0
Volume Analysis
Traded
1,423,212
Delivered
560,894
Delivery %
39.41%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Promoter holding is falling
Opportunities (3)
- •Strong 3-year EPS growth (45.6%)
- •Strong 3-year revenue growth (25.6%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹445.75 | ₹432.25 | ₹423.0 | ₹409.5 | ₹400.25 | ₹386.75 | ₹377.5 |
| Fibonacci | ₹432.25 | ₹423.56 | ₹418.19 | ₹409.5 | ₹400.81 | ₹395.44 | ₹386.75 |
| Camarilla | ₹420.01 | ₹417.92 | ₹415.84 | ₹409.5 | ₹411.66 | ₹409.58 | ₹407.49 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+95.47%
1 Week
-0.49%
1 Month
+1.71%
3 Months
+45.92%
6 Months
+143.61%
1 Year
+94.76%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹57.47
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
12.02%
Net margin 6.71% × asset turnover 0.99x × equity multiplier 1.81x
Company Overview
Sector
Capital Goods
Market Cap
₹5,790 Cr
P/E (TTM)
89.1
ROE
13.2%
Book Value
₹35.2
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Marine Electrical (i) Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 56/100. The strongest factor is Financial Strength (100/100), while Valuation (0/100) is the weakest area to weigh before deciding. Notably: Promoter holding is falling. Strong 3-year EPS growth (45.6%).
TopFund Score — Fundamentals Quality
56/100 — AverageData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has delivered good profit growth of 35.8% CAGR over last 5 years
- −Stock is trading at 11.8 times its book value
- −Company has a low return on equity of 12.2% over last 3 years.
- −Company has high debtors of 178 days.
- −Promoter holding has decreased over last 3 years: -6.26%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Company to hold group investor meeting in Mumbai on 28 September 2026 at 4:30 PM.
Marine Electricals and M3G signed Head of Terms to develop India’s first indigenous AIS base station.
Marine Electricals reported Q1FY27 revenue of Rs.259 crore, PAT of Rs.18 crore, and order book of Rs.2,073 crore.
Marine Electricals inaugurated sixth Goa plant, starting operations on 14 September 2026; full PTU capacity by March 2027.
Board reconstituted Risk Management and Stakeholders Relationship Committees effective 15 September 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| 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 % | 10.0% | 7.0% | 8.0% | 9.0% | 10.0% | 12.0% | 6.0% | 9.0% | 10.0% | 12.0% | 10.0% | 11.0% | 11.0% |
| 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 % | 37.0% | 30.0% | 23.0% | 28.0% | 27.0% | 21.0% | 40.0% | 27.0% | 25.0% | 26.0% | 24.0% | 17.0% | 26.0% |
| Net Profit + | 4 | 5 | 5 | 12 | 7 | 13 | 5 | 14 | 12 | 17 | 12 | 19 | 18 |
| EPS in Rs | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| 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 % | 8.0% | 8.0% | 9.0% | 9.0% | 6.0% | 9.0% | 11.0% | 9.0% | 9.0% | 8.0% | 9.0% | 11.0% | 11.0% |
| 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 % | 29.0% | 34.0% | 38.0% | 28.0% | 29.0% | 24.0% | 20.0% | 32.0% | 33.0% | 29.0% | 27.0% | 23.0% | — |
| Net Profit + | 9 | 9 | 11 | 16 | 9 | 6 | 14 | 13 | 17 | 26 | 38 | 59 | 65 |
| EPS in Rs | 1 | 1 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 4 | 5 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 19.0% | 0.0% | 0.0% | 10.0% | 11.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 36 | 46 | 58 | 78 | 130 | 126 | 138 | 150 | 183 | 224 | 376 | 465 |
| Borrowings + | 24 | 32 | 40 | 46 | 57 | 56 | 58 | 37 | 66 | 97 | 55 | 89 |
| Other Liabilities + | 66 | 54 | 112 | 212 | 162 | 176 | 162 | 162 | 192 | 268 | 266 | 309 |
| Total Liabilities | 143 | 149 | 227 | 354 | 373 | 383 | 383 | 373 | 466 | 616 | 725 | 890 |
| Fixed Assets + | 40 | 43 | 56 | 39 | 43 | 53 | 48 | 49 | 66 | 75 | 75 | 99 |
| CWIP | 0 | 0 | 0 | 14 | 14 | 0 | 0 | 2 | 0 | 6 | 16 | 14 |
| Investments | 0 | 0 | 0 | 3 | 3 | 5 | 3 | 3 | 3 | 6 | 6 | 3 |
| Other Assets + | 104 | 106 | 171 | 297 | 313 | 325 | 331 | 319 | 396 | 529 | 627 | 775 |
| Total Assets | 143 | 149 | 227 | 354 | 373 | 383 | 383 | 373 | 466 | 616 | 725 | 890 |
| Equity Capital | 17 | 17 | 17 | 18 | 25 | 25 | 25 | 25 | 25 | 27 | 28 | 28 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | — | — | 13 | 31 | -53 | 23 | 2 | 47 | -2 | -7 | 55 | -16 |
| Cash from Investing Activity + | — | — | -16 | -23 | 1 | -1 | 1 | -19 | -28 | -21 | -95 | -17 |
| Cash from Financing Activity + | — | — | 2 | 3 | 44 | -19 | -7 | -31 | 31 | 32 | 52 | 37 |
| Net Cash Flow | — | — | -1 | 11 | -9 | 3 | -3 | -3 | 1 | 4 | 12 | 4 |
| CFO/OP | — | — | 74 | 118 | -205 | 111 | 18 | 167 | 13 | 4 | 106 | 6 |
| Free Cash Flow | — | — | -5 | 24 | -61 | 23 | -2 | 37 | -24 | -32 | 35 | -43 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 26.16% | 27.12% | 27.99% | 28.56% | 28.5% | 30.56% | 31.35% | 31.4% | 31.24% | 30.69% | 30.87% | 30.27% |
| Promoters | 73.84% | 72.87% | 71.98% | 71.17% | 71.17% | 68.45% | 68.45% | 68.45% | 68.46% | 68.54% | 68.2% | 68.2% |
| FII | 0.0% | 0.0% | 0.02% | 0.15% | 0.25% | 0.96% | 0.15% | 0.08% | 0.18% | 0.65% | 0.59% | 1.12% |
| DII | 0.0% | 0.0% | 0.0% | 0.11% | 0.08% | 0.04% | 0.04% | 0.07% | 0.12% | 0.12% | 0.34% | 0.41% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Marine Electrical (i) Ltd (this stock) | 5,790 | 89.1 | 11.76 | 13.2% |
| Praj Industries Ltd | 5,807 | 115.0 | 4.44 | 1.48% |
| Vikram Solar Limited | 5,809 | 16.1 | 1.83 | 21.4% |
| Shakti Pumps (i) Ltd | 5,761 | 27.1 | 3.38 | 18.0% |
| Spectrum Electric Ind Ltd | 6,013 | 116.0 | 22.56 | 20.4% |
| Saatvik Green Energy Ltd | 5,433 | 21.9 | 3.99 | 42.4% |
| Balu Forge Industries Ltd | 6,182 | 23.1 | 3.89 | 19.6% |
Which Mutual Funds Hold Marine Electrical (i) Ltd?
Frequently Asked Questions about Marine Electrical (i) Ltd
Marine Electrical (i) Ltd (MARINE) closed at ₹413.75 on NSE on 25 September 2026, up 12.25 (3.05%) from the previous close.
Marine Electrical (i) Ltd trades on the NSE (National Stock Exchange of India) under the symbol MARINE.
Marine Electrical (i) Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 89.1.
Marine Electrical (i) Ltd has a dividend yield of 0.07%.
Marine Electrical (i) Ltd's 52-week high is ₹450.0 and its 52-week low is ₹151.0.
Marine Electrical (i) Ltd has a market capitalisation of ₹5,790 crore.
Marine Electrical (i) Ltd has a TopFund Quality Score of 56/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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