Marine Electricals (India) Limited (MARINE) fundamentals

Marine Electricals (India) Limited is a listed company in Industrial Manufacturing, part of the Capital Goods sector, listed on the NSE as MARINE (ISIN INE01JE01028). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Marine Electricals (India) Limited does

Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears and control-gears. It is also engaged in the renewable energy sector, specifically solar. It also provides services like designing and fabricating for all types of electrical and electronic installations in India and abroad and undertakes annual maintenance contracts. It operates through two segments : Marine, which provides products and services for navigational equipment in new ship building, and Industry, which provides products and services for power distribution and solutions for industries like data centers, industrial and large buildings. Its flagship offerings include Integrated Bridge Systems, Integrated Monitoring and Control Systems, and Data Distribution Solutions.

Valuation and market data

Last close₹388.10
Market capitalisation₹5,391 crore
Enterprise value₹5,400 crore
P/E (TTM)91.97
Price to book10.75
Price to sales (TTM)3.41
Book value per share₹36.11
Dividend yield7.73%
SectorCapital Goods
IndustryIndustrial Manufacturing
Listed sinceWed Dec 02

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹893 crore₹76 crore₹59 crore4.22
Mar 2025₹780 crore₹52 crore₹38 crore2.83
Mar 2024₹629 crore₹36 crore₹26 crore2.02
Mar 2023₹447 crore₹25 crore₹17 crore1.38
Mar 2022₹381 crore₹19 crore₹13 crore1.06

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters68.2%
Foreign institutions (FII)1.1%
Mutual funds0.0%
Other domestic institutions0.4%
Retail and others30.3%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.