Marine Electricals (India) Ltd
MARINEMarine Electricals (India) Ltd
MARINE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 106.31 | 17.91 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Marine Electricals is an integrated electrical and automation solution provider
Peers
Compare with peersPolycab India Ltd
Havells India Ltd
Kaynes Technology India Ltd
Apar Industries Ltd
V Guard Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 195.28 | 211.84 | 289.58 | 326.05 | 212.46 | 203.46 | 328.39 | 397.40 | 541.40 | 716.41 | ||||||||||
Raw Materials | 120.79 | 131.25 | 237.36 | 269.14 | 167.59 | 144.36 | 244.77 | 282.15 | 435.51 | 639.58 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.85 | 0.85 | 0.86 | 0.64 | 0.92 | 1.32 | 1.57 | |||||||||||
| Employee Cost | 14.18 | 14.88 | 16.90 | 17.15 | 20.17 | 17.64 | 22.40 | 25.67 | 32.31 | |||||||||||
| Selling & Administrative Expenses | 1.09 | 1.09 | 10.71 | 14.02 | 11.25 | 9.07 | 12.92 | 20.82 | 23.66 | |||||||||||
| Operating & Other expenses | 39.08 | 41.49 | -2.83 | 4.21 | -10.47 | 5.53 | 15.69 | 26.33 | -6.57 | |||||||||||
EBITDA | 20.14 | 23.13 | 26.59 | 20.68 | 23.06 | 26.22 | 31.69 | 41.11 | 54.92 | 76.83 | ||||||||||
| Depreciation/Amortization | 4.83 | 4.37 | 3.92 | 3.44 | 8.28 | 7.64 | 7.60 | 6.13 | 6.70 | 12.86 | ||||||||||
| PBIT | 15.31 | 18.76 | 22.67 | 17.24 | 14.78 | 18.58 | 24.09 | 34.98 | 48.22 | 63.97 | ||||||||||
| Interest & Other Items | 2.68 | 4.02 | 4.98 | 6.30 | 8.78 | 7.73 | 6.45 | 8.62 | 10.40 | 14.07 | ||||||||||
| PBT | 12.63 | 14.74 | 17.69 | 10.94 | 6.00 | 10.85 | 17.64 | 26.36 | 37.82 | 49.90 | ||||||||||
| Taxes & Other Items | 4.70 | 6.13 | 5.96 | 3.16 | 1.26 | 3.03 | 5.17 | 6.86 | 9.45 | 12.38 | ||||||||||
| Net Income | 7.93 | 8.61 | 11.73 | 7.78 | 4.74 | 7.82 | 12.47 | 19.50 | 28.37 | 37.52 | ||||||||||
| EPS | 0.18 | 0.20 | 0.27 | 0.15 | 0.08 | 0.21 | 1.02 | 1.57 | 2.19 | 2.83 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.00 | 0.00 | 0.00 | 0.20 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.94 | 0.00 | 0.00 | 0.00 | 0.07 |
Company Updates
Investor Presentation
Investor Presentation
Peers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Marine Electricals (India) Ltd | 140.59 | 17.91 | — |
| Polycab India Ltd | 62.75 | 13.58 | 0.40% |
| Havells India Ltd | 84.32 | 14.39 | 0.53% |
| Kaynes Technology India Ltd | 221.94 | 16.35 | — |
Price Comparison
Compare MARINE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Feb 2024
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 20, 2024
Dividend/Share
₹0.20
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateSep 20, 2021
Dividend/Share
₹0.20
Ex DateEx Date
Sep 20, 2021
Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Marine Electricals (India) announced that the Board of Directors of the Company at its meeting held on 12 August 2024, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Marine Electricals (India) announced that the 17th Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live
Net profit of Marine Electricals (India) rose 99.16% to Rs 7.13 crore in the quarter ended June 2024 as against Rs 3.58 crore during the previous quarter ended June 2023. Sales rose 36.99% to Rs 138.46 crore in the quarter ended June 2024 as against Rs 101.07 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales138.46101.07 37 OPM %9.649.60 - PBDT13.057.76 68 PBT9.705.57 74 NP7.133.58 99 Powered by Capital Market - Live
Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
Marine Electricals (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 17 August 2024 .Powered by Capital Market - Live
Marine Electricals (India) will hold a meeting of the Board of Directors of the Company on 24 July 2024.Powered by Capital Market - Live
Marine Electricals jumps after order win
Marine Electricals zooms 5% on winning orders worth Rs 13.92 crore
Marine Electricals rallies 5% after it bags order from Goa Shipyard
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.67%, vs industry avg of 9.14%
Increasing Market Share
Over the last 5 years, market share increased from 0.6% to 0.61%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 29.53%, vs industry avg of -3.04%