Marine Electricals (India) Ltd (MARINE) — shareholding pattern, promoter holding, financials and share price
About Marine Electricals (India) Ltd (MARINE)
Marine Electricals (India) Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as MARINE and on the BSE under scrip code 535119. Its ISIN is INE01JE01028.
Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. [1]
Marine Electricals (India) Limited is a major player in manufacturing and integrating electrical components and systems for marine and industrial applications. It collaborates with global giants like Schneider Electric and Siemens, enhancing its global presence.
The company has expanded into the renewable energy sector, specifically focusing on solar power, as demonstrated by its partnership with NLC India Limited.
Listed peers in Other Electrical Equipment: Websol Energy System Ltd, V-Marc India Ltd, Ram Ratna Wires Ltd, Ravindra Energy Ltd, Bharat Bijlee Ltd, Yash Highvoltage Ltd.
Valuation & Returns
10 Jul 2026At ₹258.7 a share on 10 Jul 2026, Marine Electricals (India) Ltd (MARINE) was valued at a price-to-earnings ratio of 61.76x against an industry P/E of 52.37x and a price-to-book of 8.97x on a book value of ₹28.85 per share as of Mar 2025. Solomo computes return on equity of 14.52% and return on capital employed of 20.65% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 61.76x
- Industry P/E
- 52.37x
- P/B
- 8.97x
- EPS (TTM)
- ₹4.19
- Book value / share
- ₹28.85
- ROE
- 14.52%
- ROCE
- 20.65%
- ROA
- 8.09%
- Debt / equity
- 0.14x
- Dividend yield
- 0.11%
- EBITDA margin
- 12.49%
- 52-week range
- ₹150.86 – ₹297.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Marine Electricals (India) Ltd (MARINE) reported revenue of ₹877 crore, net profit of ₹59 crore and earnings per share of ₹4.17. That compares with revenue of ₹767 crore and net profit of ₹38 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹277 crore and net profit ₹19 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 376 | 443 | 622 | 767 | 877 |
| Net profit (₹ cr) | 13 | 17 | 26 | 38 | 59 |
| EPS (₹) | 1.06 | 1.35 | 1.95 | 2.79 | 4.17 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 15.37% | 27.75% | 29.46% | 23.30% |
| Profit growth | 20.04% | 53.93% | 48.74% | 47.94% |
| Stock price CAGR | - | 35% | 60% | 27% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 68.2% of Marine Electricals (India) Ltd (MARINE) (unchanged from the previous quarter). Market capitalisation was ₹3,620 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2019.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 68.2% | - | - | - | - |
| Mar 2026 | 68.2% | - | - | - | - |
| Dec 2025 | 68.54% | - | - | - | - |
| Sep 2025 | 68.46% | - | - | - | - |
| Jun 2025 | 68.45% | - | - | - | - |
| Mar 2025 | 68.45% | - | - | - | - |
| Dec 2024 | 68.45% | - | - | - | - |
| Sep 2024 | 71.17% | - | - | - | - |