Marine Electricals (India) Limited (IN:MARINE)
:MARINE
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Marine Electricals (India) Limited
(MARINE)
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Rating:62Neutral
Price Target:―
Action:ReiteratedDate:12/30/25
The score is driven primarily by solid financial performance—strong FY2025 growth, improving margins, and a much healthier leverage profile—tempered by inconsistent cash-flow conversion across prior years. Valuation is a notable headwind due to a high P/E, and technical signals cannot be assessed due to missing indicator data.
Positive Factors
Revenue Growth
Strong revenue growth over multiple years indicates robust demand for Marine Electricals' products and services, enhancing its market position.
Negative Factors
Cash Flow Volatility
Volatile cash flow indicates potential risks in project execution and working capital management, which could affect financial stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong revenue growth over multiple years indicates robust demand for Marine Electricals' products and services, enhancing its market position.
Read all positive factors
Marine Electricals (India) Limited (MARINE) vs. iShares MSCI India ETF (INDA)
Market Cap
N/A
Dividend Yield0.14%
Average Volume (3M)N/A
Price to Earnings (P/E)63.5
Beta (1Y)N/A
Revenue Growth18.05%
EPS Growth19.04%
CountryIN
Employees414
SectorServices
Sector StrengthN/A
IndustryMarine Shipping
Share Statistics
EPS (TTM)0.85
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio1.42
Price to Book (P/B)5.44
Price to Sales (P/S)2.86
P/FCF Ratio49.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Marine Electricals (India) Limited Business Overview & Revenue Model
Company Description
Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. It offers power generation and distribution, navigation and communication, electrical propul...
How the Company Makes Money
Marine Electricals generates revenue through multiple streams, primarily by manufacturing and selling electrical equipment and systems for marine and industrial applications. Key revenue sources include the sale of customized electrical distributi...
Marine Electricals (India) Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
83
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.96B | 7.67B | 6.22B | 4.42B | 3.76B | 2.51B |
| Gross Profit | 1.64B | 1.37B | 925.00M | 676.25M | 524.44M | 432.10M |
| EBITDA | 793.48M | 820.24M | 550.93M | 395.03M | 325.75M | 342.81M |
| Net Income | 429.14M | 384.32M | 258.99M | 169.95M | 129.77M | 128.97M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 7.25B | 6.16B | 4.66B | 3.73B | 3.83B |
| Cash, Cash Equivalents and Short-Term Investments | 553.06M | 553.06M | 69.82M | 33.17M | 14.41M | 136.52M |
| Total Debt | 0.00 | 551.91M | 970.37M | 656.95M | 366.16M | 583.04M |
| Total Liabilities | -4.08B | 3.17B | 3.60B | 2.51B | 1.92B | 2.13B |
| Stockholders Equity | 4.08B | 4.04B | 2.51B | 2.08B | 1.75B | 1.63B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 442.39M | -315.20M | -250.60M | 347.42M | -24.27M |
| Operating Cash Flow | 0.00 | 659.94M | -73.57M | -20.93M | 466.38M | 22.79M |
| Investing Cash Flow | 0.00 | -952.63M | -209.72M | -277.07M | -182.90M | 13.95M |
| Financing Cash Flow | 0.00 | 516.67M | 319.44M | 312.75M | -311.69M | -70.37M |
Marine Electricals (India) Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ― | 63.47 | ― | 0.14% | 18.05% | 19.04% | |
61 Neutral | ₹2.10B | 12.24 | ― | 0.52% | 26.59% | 42.18% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
46 Neutral | ₹481.93M | -3.30 | ― | ― | ― | ― | |
45 Neutral | ₹57.38M | -0.27 | ― | ― | 254.90% | -150.80% | |
39 Underperform | ₹13.59B | 3.00 | ― | ― | 76.34% | 94.50% |
* Services Sector Average
IN:MARINE
Marine Electricals (India) Limited
―
―
―
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Marine Electricals (India) Limited Corporate Events
Marine Electricals Expands CSR Initiatives with New Subsidiary
Oct 30, 2025
Marine Electricals (India) Limited has announced the incorporation of a new wholly owned subsidiary, Premalata Foundation, under Section 8 of the Companies Act 2013. This subsidiary is established to promote and execute various corporate social re...
Marine Electricals Confirms Compliance with SEBI Regulations for Q3 2025
Oct 14, 2025
Marine Electricals (India) Limited has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirming the dematerialization of securities for the quarter ending September 30, 2025. This mov...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.