Marine Electricals (India) Limited (NSE:MARINE)

India flag India · Delayed Price · Currency is INR
258.90
+12.25 (4.97%)
Jun 16, 2026, 11:40 AM IST
Market Cap34.02B +18.6%
Revenue (ttm)8.77B +14.3%
Net Income583.69M +51.9%
EPS4.22 +50.2%
Shares Out 137.94M
PE Ratio58.45
Forward PEn/a
Dividend0.30 (0.12%)
Ex-Dividend Daten/a
Volume892,240
Open248.60
Previous Close246.65
Day's Range244.00 - 260.00
52-Week Range150.86 - 282.48
Beta1.08
Analystsn/a
Price Targetn/a
Earnings DateMay 27, 2026

About NSE:MARINE

Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. The company operates through Marine and Industry segments. It provides marine and defence solutions that offer power generation and distribution solutions, including main switch boards, automated power management systems, motor control centers/group starter panels/local starter panels, distribution boards, battery charger/transformer rectifier units, and navigation light control panels; inter... [Read more]

Founded 1978
Employees 622
Stock Exchange National Stock Exchange of India
Ticker Symbol MARINE
Full Company Profile

Financial Performance

In fiscal year 2026, NSE:MARINE's revenue was 8.77 billion, an increase of 14.32% compared to the previous year's 7.67 billion. Earnings were 583.69 million, an increase of 51.88%.

Financial Statements

News

Marine Electricals secures Rs 44.22 crore in new orders

Marine Electricals (India) has announced the acquisition of new orders totalling approximately ₹44.22 crore, excluding taxes. The orders, which encompass various electrical supply projects, are set to...

6 days ago - Business Upturn

Marine Electricals reduces stake in MEL Shipyard to 30%

Marine Electricals (India) has announced the completion of its divestment of a 70% stake in MEL Shipyard Private Limited. The transaction, effective from 9th June 2026, reduces Marine Electricals' hol...

6 days ago - Business Upturn

Marine Electricals reports ₹150 crore revenue in Q4 FY26, marking a 12% growth

Marine Electricals (India) has announced its audited financial results for the quarter and financial year ending March 31, 2026. The company reported a revenue of ₹150 crore for the fourth…

11 days ago - Business Upturn

Marine Electricals ends investor relations consultancy with UBS

Marine Electricals (India) has announced the cessation of its consultancy services with United Branding Solutions (UBS) for investor relations, effective 3rd June 2026. This decision follows a mutual ...

12 days ago - Business Upturn

Marine Electricals appoints United Branding Solutions for investor relations

Marine Electricals has announced the appointment of United Branding Solutions (UBS) as its Investor Relations Advisory Services provider, effective from 2nd June 2026. This strategic move aligns with ...

13 days ago - Business Upturn

Marine Electricals bags Rs 96.4 crore order from Princeton Digital Group; stock in focus

Shares of Marine Electricals (India) are likely to remain in focus after the company announced that it has secured fresh orders worth Rs 96.40 crore from Princeton Digital Group (India)…

20 days ago - Business Upturn

Marine Electricals secures Rs 96.40 crore order from Princeton Digital Group

Marine Electricals (India) has announced the acquisition of significant orders amounting to ₹96.40 crores from Princeton Digital Group (India) Management Private Limited. The orders involve the supply...

20 days ago - Business Upturn

Marine Electricals secures Rs 208.72 crore orders from Adani Infra and Udupi Cochin Shipyard

Marine Electricals (India) has announced the acquisition of significant orders amounting to ₹208.72 crores, excluding taxes. These orders come from two prominent clients, Adani Infra (India) Limited a...

4 weeks ago - Business Upturn

Marine Electricals secures Rs 70.86 crore in new orders

Marine Electricals (India) has announced the acquisition of orders worth approximately ₹70.86 crore, excluding taxes. These orders, detailed in the company's latest disclosure, include significant con...

7 weeks ago - Business Upturn

Marine Electricals secures orders worth Rs 16.90 crore

Marine Electricals (India) has announced the acquisition of new orders totalling ₹16.90 crore, excluding taxes. The orders encompass a range of electrical equipment supplies to prominent infrastructur...

2 months ago - Business Upturn

Marine Electricals inaugurates and operationalises Vadodara plant

Marine Electricals has successfully inaugurated and operationalised its new plant located in Vadodara, Gujarat, enhancing its manufacturing capabilities. The facility, situated at Industrial Premises,...

2 months ago - Business Upturn

Marine Electricals secures Rs 115 crore order from Larsen & Toubro

Marine Electricals (India) Limited has announced the acquisition of significant orders worth ₹115 crores from Larsen & Toubro Limited. The orders are for the supply, installation, testing, and commiss...

2 months ago - Business Upturn

Marine Electricals secures Rs 7.91 crore order from STT Global Data Centres

Marine Electricals (India) has announced the acquisition of orders worth ₹7.91 crore from STT Global Data Centres India. The orders involve the supply of a power distribution system, with delivery…

3 months ago - Business Upturn

Marine Electricals secures Rs 9 crore order from Synergy Shipbuilders

Marine Electricals (India) has announced a significant order win valued at ₹9 crore from Synergy Shipbuilders N Dock Works. The order involves the supply of a power distribution system, with…

3 months ago - Business Upturn

Marine Electricals secures Rs 17.12 crore order from Princeton Digital Group

Marine Electricals (India) Limited has secured orders worth ₹17.12 crores from Princeton Digital Group (India) Management Private Limited for power distribution systems. The orders involve the supply,...

3 months ago - Business Upturn

Marine Electricals wins Rs 27.21 crore order from Princeton Digital Group for power distribution system

Marine Electricals (India) Limited has secured orders worth ₹27.21 crore (excluding taxes) from Princeton Digital Group (India) Management Private Limited. The contract covers the supply, installation...

3 months ago - Business Upturn

Marine Electricals bags Rs 19.09 crore order from Crescon Projects & Services

Marine Electricals (India) Limited has announced the receipt of fresh orders worth ₹19.09 crore (excluding taxes) from Crescon Projects &...

4 months ago - Business Upturn

Marine Electricals bags Rs 174.6 crore worth of new orders; order book rises to Rs 966 crore

Marine Electricals (India) Ltd has announced that it has secured fresh orders worth Rs 174.60 crore (excluding taxes), according to...

7 months ago - Business Upturn

Marine Electricals shares rise nearly 4% today as Q2 profit grows 30% YoY; revenue up 21%

Shares of Marine Electricals (India) Ltd traded 3.90% higher at Rs 250.25 on Tuesday, November 4, after the company reported...

8 months ago - Business Upturn

Marine Electricals secures Rs 16.55 crore orders from Goa Shipyard and Arcelormittal Nippon Steel

Marine Electricals (India) Limited has received orders totalling Rs 16.55 crore from Goa Shipyard Limited and Arcelormittal Nippon Steel India Private Limited. These contracts involve supplying data a...

9 months ago - Business Upturn

Marine Electricals bags Rs. 19.35 crore order from STT Global Data Centres

Marine Electricals (India) Limited has secured a significant new order worth Rs. 19.35 crores (excluding taxes) from STT Global Data Centres India Private Limited. The order involves the supply, insta...

11 months ago - Business Upturn

Marine Electricals secures orders worth Rs 14.33 crore from leading Indian firms

Marine Electricals (India) Limited has announced that it has secured multiple orders with a total value of ₹14.33 crore (excluding taxes), marking another milestone in the company’s growth trajectory....

1 year ago - Business Upturn

Marine Electricals shares rise over 3% after company secures Rs 60.44 crore in new orders

Shares of Marine Electricals (India) Ltd surged 3.48% to Rs 239.07 in early trade on June 12 after the company announced it had secured fresh orders worth Rs 60.44 crore (excluding taxes), as per a st...

1 year ago - Business Upturn

Marine Electricals bags Rs 24.74 crore order from Digital Edge DC for BOM1 power system project

Marine Electricals (India) Ltd on Tuesday announced it has secured a fresh order worth ₹24.74 crore (excluding taxes) from Digital Edge DC (India) Private Limited. The contract pertains to the supply,...

1 year ago - Business Upturn

Marine Electricals bags Rs 30.50 crore order from Mazagon Dock for MPV project

Marine Electricals (India) Limited, a key player in the electrical equipment industry, has recently informed exchanges that the company secured an order worth Rs. 30.50 Crore (excluding taxes) from Ma...

1 year ago - Business Upturn