Marine Electricals (India) Limited
Marine Electricals (India) Limited (MARINE) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
marineelectricals.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
Sign in for full ratios and TTM. Learn about these metrics →
Share price
NSE closing price from historical market data.
Loading price history…
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 137 Cr | 147 Cr | 237 Cr | 138 Cr | 184 Cr | 194 Cr | 251 Cr | 167 Cr | 222 Cr | 210 Cr | 277 Cr | 259 Cr |
| Operating expenses (approx.) | 127 Cr | 135 Cr | 217 Cr | 125 Cr | 163 Cr | 182 Cr | 228 Cr | 150 Cr | 196 Cr | 190 Cr | 246 Cr | 231 Cr |
| EBITDA | 10 Cr | 12 Cr | 20 Cr | 13 Cr | 21 Cr | 11 Cr | 22 Cr | 17 Cr | 26 Cr | 20 Cr | 32 Cr | 28 Cr |
| OPM % | 7.4% | 7.9% | 8.6% | 9.6% | 11.6% | 5.9% | 8.9% | 10.1% | 11.6% | 9.6% | 11.4% | 10.9% |
| Other income | 2 Cr | 1 Cr | 4 Cr | 3 Cr | 2 Cr | 4 Cr | 4 Cr | 5 Cr | 4 Cr | 4 Cr | 3 Cr | 4 Cr |
| Interest | 3 Cr | 3 Cr | 4 Cr | 3 Cr | 4 Cr | 4 Cr | 3 Cr | 3 Cr | 4 Cr | 4 Cr | 8 Cr | 4 Cr |
| Depreciation | 2 Cr | 3 Cr | 3 Cr | 3 Cr | 4 Cr | 4 Cr | 4 Cr | 3 Cr | 4 Cr | 4 Cr | 4 Cr | 5 Cr |
| Profit before tax | 7 Cr | 7 Cr | 17 Cr | 10 Cr | 16 Cr | 8 Cr | 18 Cr | 15 Cr | 22 Cr | 16 Cr | 22 Cr | 24 Cr |
| Tax % | 30.2% | 23.3% | 28.4% | 27.3% | 21.4% | 40.3% | 26.8% | 25.0% | 25.6% | 24.0% | 17.0% | 26.3% |
| Net profit | 5 Cr | 5 Cr | 12 Cr | 7 Cr | 13 Cr | 5 Cr | 14 Cr | 12 Cr | 17 Cr | 12 Cr | 19 Cr | 18 Cr |
| EPS (₹) | ₹0.37 | ₹0.39 | ₹0.97 | ₹0.54 | ₹0.95 | ₹0.39 | ₹0.97 | ₹0.84 | ₹1.20 | ₹0.85 | ₹1.33 | ₹1.23 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 251 Cr | 376 Cr | 443 Cr | 622 Cr | 767 Cr | 877 Cr | Sign in for TTM |
| Operating expenses (approx.) | 224 Cr | 345 Cr | 404 Cr | 570 Cr | 698 Cr | 782 Cr | Sign in for TTM |
| EBITDA | 27 Cr | 31 Cr | 39 Cr | 52 Cr | 69 Cr | 94 Cr | Sign in for TTM |
| OPM % | 10.8% | 8.3% | 8.7% | 8.3% | 9.0% | 10.8% | Sign in for TTM |
| Other income | 8 Cr | 5 Cr | 5 Cr | 7 Cr | 13 Cr | 16 Cr | Sign in for TTM |
| Interest | 9 Cr | 7 Cr | 10 Cr | 12 Cr | 14 Cr | 19 Cr | Sign in for TTM |
| Depreciation | 9 Cr | 9 Cr | 8 Cr | 10 Cr | 16 Cr | 15 Cr | Sign in for TTM |
| Profit before tax | 17 Cr | 19 Cr | 25 Cr | 36 Cr | 52 Cr | 76 Cr | Sign in for TTM |
| Tax % | 20.0% | 29.6% | 33.0% | 29.1% | 27.3% | 22.6% | Sign in for TTM |
| Net profit | 14 Cr | 13 Cr | 17 Cr | 26 Cr | 38 Cr | 59 Cr | Sign in for TTM |
| EPS (₹) | ₹1.14 | ₹1.06 | ₹1.38 | ₹2.02 | ₹2.83 | ₹4.22 | Sign in for TTM |
| Dividend payout % | — | 18.4% | 0.0% | 0.0% | 6.9% | 7.1% | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 25 Cr | 25 Cr | 25 Cr | 27 Cr | 28 Cr | 28 Cr |
| Reserves | 138 Cr | 150 Cr | 183 Cr | 224 Cr | 376 Cr | 465 Cr |
| Borrowings | — | — | 65 Cr | 95 Cr | 50 Cr | 84 Cr |
| Other liabilities | — | — | 186 Cr | 265 Cr | 267 Cr | 305 Cr |
| Total liabilities | — | — | 466 Cr | 616 Cr | 725 Cr | 890 Cr |
| Fixed assets (net) | — | — | 38 Cr | 43 Cr | 49 Cr | 51 Cr |
| CWIP | — | — | — | 3 Cr | 5 Cr | 13 Cr |
| Investments | — | — | 8 Cr | 12 Cr | 11 Cr | 8 Cr |
| Loans & advances | — | — | 9 Cr | 4 Cr | 1 Cr | 2 Cr |
| Inventories | — | — | 64 Cr | 92 Cr | 79 Cr | 85 Cr |
| Trade receivables | — | — | 226 Cr | 317 Cr | 331 Cr | 428 Cr |
| Cash & bank | — | — | 3 Cr | 7 Cr | 18 Cr | 22 Cr |
| Other assets | — | — | 118 Cr | 138 Cr | 229 Cr | 281 Cr |
| Total assets | — | — | 466 Cr | 616 Cr | 725 Cr | 890 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operating activity | — | 47 Cr | -2 Cr | -7 Cr | 55 Cr | -16 Cr |
| Cash from investing | — | -19 Cr | -28 Cr | -21 Cr | -95 Cr | -17 Cr |
| Cash from financing | — | -31 Cr | 31 Cr | 32 Cr | 52 Cr | 37 Cr |
| Net cash flow | — | -3 Cr | 1 Cr | 4 Cr | 12 Cr | 4 Cr |
| Free cash flow (OCF − Capex) | — | 35 Cr | -25 Cr | -32 Cr | 34 Cr | -44 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| ROCE % | 15.9% | 15.0% | 12.5% | 13.9% | 14.5% | 16.2% |
| ROE % | 7.9% | 7.4% | 7.9% | 10.1% | 9.4% | 11.6% |
| Debtor days | — | — | 186 | 186 | 157 | 178 |
| Inventory days | — | — | 74 | 68 | 53 | 50 |
| Days payable | — | — | 169 | 158 | 132 | 134 |
| Cash conversion cycle | — | — | 91 | 96 | 78 | 93 |
| Debt / equity | 0.30 | — | 0.31 | 0.38 | 0.12 | 0.17 |
| Current ratio | — | — | 1.60 | 1.48 | 2.14 | 2.12 |
| Net debt / EBITDA | 0.00 | 0.00 | 1.61 | 1.72 | 0.45 | 0.66 |