MARINE ELECTRICAL (I) LTD (MARINE) financials

MARINE ELECTRICAL (I) LTD (MARINE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions.[1]

Market Cap: ₹6,004Cr.
Current Price: ₹429
Stock P/E: 101
ROE: 11.7%
ROCE: 18.0%
Book Value: ₹32.6
Dividend Yield: 0.07%
52W High / Low: ₹491/151

In Jun 2026, MARINE ELECTRICAL (I) LTD (MARINE) reported sales ₹234 Cr and net profit ₹17 Cr.

Annual TTM: sales ₹834 Cr, net profit ₹59 Cr.

Shareholding: Promoters 68.20% (Jun 2026), FIIs 1.12% (Jun 2026), DIIs 0.41% (Jun 2026), Public 30.27% (Jun 2026), No. of Shareholders 86,580% (Jun 2026).

MARINE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	165	185	225	147	173	182	245	234
Expenses	150	170	206	133	152	165	217	210
Operating Profit	16	15	19	14	22	17	28	25
OPM %	10%	8%	8%	10%	12%	9%	11%	10%
Other Income	2	5	4	5	5	4	3	4
Interest	3	3	3	3	3	4	7	4
Depreciation	3	3	3	2	2	3	3	3
Profit before tax	13	13	17	14	20	15	21	22
Tax %	24%	23%	24%	24%	24%	23%	25%	25%
Net Profit	10	10	13	11	15	11	15	17
EPS in Rs	0.70	0.74	0.93	0.79	1.11	0.82	1.10	1.20
Raw PDF	—	—	—	—	—	—	—	—

MARINE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	206	200	323	391	534	701	747	834
Expenses	189	177	296	356	486	638	666	743
Operating Profit	17	23	27	35	47	62	81	91
OPM %	8%	11%	8%	9%	9%	9%	11%	11%
Other Income	6	4	5	6	8	14	16	16
Interest	9	8	6	9	10	12	17	18
Depreciation	8	8	8	6	7	11	10	11
Profit before tax	6	11	18	26	38	54	70	78
Tax %	21%	28%	29%	26%	25%	24%	24%	—
Net Profit	5	8	12	20	28	41	53	59
EPS in Rs	0.39	0.64	1.02	1.54	2.14	2.97	3.78	4.23
Dividend Payout %	0%	31%	0%	0%	9%	10%	8%	—

MARINE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	25	25	25	25	25	27	28	28
Reserves	100	101	109	120	155	196	349	428
Borrowings	43	39	48	29	55	76	34	61
Other Liabilities	114	129	116	106	138	220	223	254
Total Liabilities	280	294	298	280	372	519	635	771
Fixed Assets	31	46	39	38	39	46	48	61
CWIP	14	0	0	2	0	6	13	5
Investments	12	11	11	9	26	36	39	48
Other Assets	223	238	247	230	307	432	534	657
Total Assets	280	294	298	280	372	519	635	771

MARINE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-46	21	-3	38	-6	1	46	-29
Cash from Investing Activity	-7	-0	-2	-11	-28	-24	-91	-3
Cash from Financing Activity	44	-19	1	-27	33	24	54	36
Net Cash Flow	-10	2	-4	-1	-0	1	9	4
Free Cash Flow	-57	21	-4	31	-25	-16	30	-43
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-218%	139%	-3%	161%	1%	19%	98%	-11%

MARINE shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	71.17%	68.45%	68.45%	68.45%	68.46%	68.54%	68.20%	68.20%
FIIs	0.25%	0.96%	0.15%	0.08%	0.18%	0.65%	0.59%	1.12%
DIIs	0.08%	0.04%	0.04%	0.07%	0.12%	0.12%	0.34%	0.41%
Public	28.50%	30.56%	31.35%	31.40%	31.24%	30.69%	30.87%	30.27%
No. of Shareholders	83,799	89,628	93,629	96,332	94,688	89,679	89,030	86,580

MARINE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	155	215	232	135	163	179	150	183
Inventory Days	45	136	150	84	55	66	40	41
Days Payable	131	272	231	119	130	160	114	133
Cash Conversion Cycle	69	79	151	100	88	85	76	91
Working Capital Days	70	109	141	90	79	72	123	101
ROCE %	12%	9%	10%	13%	16%	17%	18%	18%

MARINEUpdated 18 Oct 2026, 8:13

Marine Electrical (i) Ltd

MARINEUpdated 18 Oct 2026, 8:13

Market Cap

₹6,004Cr.

Current Price

₹429

High / Low

₹491/151

Stock P/E

101

ROE11.7%

ROCE18.0%

Book Value₹32.6

Face Value₹2.00

Dividend Yield0.07%

About

Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	86	2	77	1	1	6	27	5	0.38
Sep 2023	121	2	113	2	2	7	27	5	0.39
Dec 2023	124	3	115	2	2	7	22	5	0.4
Mar 2024	202	3	182	3	2	18	25	13	1.02
Jun 2024	125	3	112	3	2	11	24	8	0.62
Sep 2024	165	3	150	2	3	13	24	10	0.7
Dec 2024	185	3	170	5	3	13	23	10	0.74
Mar 2025	225	3	206	4	3	17	24	13	0.93
Jun 2025	147	3	133	5	2	14	24	11	0.79
Sep 2025	173	3	152	5	2	20	24	15	1.11
Dec 2025	182	4	165	4	3	15	23	11	0.82
Mar 2026	245	7	217	3	3	21	25	15	1.1
Jun 2026	234	4	210	4	3	22	25	17	1.2

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2013	98	3	87	0	1	7	31	5	0.55
Mar 2016	193	3	175	2	5	13	37	8	0.92
Mar 2017	209	4	189	2	4	15	42	9	1
Mar 2018	288	5	263	2	4	18	34	12	1.3
Mar 2019	323	6	305	3	3	11	29	8	0.63
Mar 2020	206	9	189	6	8	6	21	5	0.39
Mar 2021	200	8	177	4	8	11	28	8	0.64
Mar 2022	323	6	296	5	8	18	29	12	1.02
Mar 2023	391	9	356	6	6	26	26	20	1.54
Mar 2024	534	10	486	8	7	38	25	28	2.14
Mar 2025	701	12	638	14	11	54	24	41	2.97
Mar 2026	747	17	666	16	10	70	24	53	3.78
TTM	834	18	743	16	11	78	—	59	4.23

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	68.2%
FIIs	1.12%
DIIs	0.41%
Public	30.27%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	73.84%	0%	0%	26.16%
Dec 2023	72.87%	0%	0%	27.12%
Mar 2024	71.98%	0.02%	0%	27.99%
Jun 2024	71.17%	0.15%	0.11%	28.56%
Sep 2024	71.17%	0.25%	0.08%	28.5%
Dec 2024	68.45%	0.96%	0.04%	30.56%
Mar 2025	68.45%	0.15%	0.04%	31.35%
Jun 2025	68.45%	0.08%	0.07%	31.4%
Sep 2025	68.46%	0.18%	0.12%	31.24%
Dec 2025	68.54%	0.65%	0.12%	30.69%
Mar 2026	68.2%	0.59%	0.34%	30.87%
Jun 2026	68.2%	1.12%	0.41%	30.27%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2013	17	13	19	39	89	31	0	6	51	89
Mar 2016	17	33	28	45	124	37	0	7	79	124
Mar 2017	17	42	31	67	157	42	0	7	108	157
Mar 2018	18	57	33	168	277	26	14	7	230	277
Mar 2019	25	100	43	114	280	31	14	12	223	280
Mar 2020	25	101	39	129	294	46	0	11	238	294
Mar 2021	25	109	48	116	298	39	0	11	247	298
Mar 2022	25	120	29	106	280	38	2	9	230	280
Mar 2023	25	155	55	138	372	39	0	26	307	372
Mar 2024	27	196	76	220	519	46	6	36	432	519
Mar 2025	28	349	34	223	635	48	13	39	534	635
Mar 2026	28	428	61	254	771	61	5	48	657	771

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2013	0	0	0	0
Mar 2016	1	-8	6	-1
Mar 2017	9	-8	-3	-3
Mar 2018	31	-21	2	12
Mar 2019	-46	-7	44	-10
Mar 2020	21	0	-19	2
Mar 2021	-3	-2	1	-4
Mar 2022	38	-11	-27	-1
Mar 2023	-6	-28	33	0
Mar 2024	1	-24	24	1
Mar 2025	46	-91	54	9
Mar 2026	-29	-3	36	4

Key ratios

Historical financial ratios

Category	Mar 2013	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	95	110	136	186	155	215	232	135	163	179	150	183
Inventory Days	—	16	43	42	45	136	150	84	55	66	40	41
Days Payable	—	89	128	207	131	272	231	119	130	160	114	133
Cash Conversion Cycle	95	38	51	21	69	79	151	100	88	85	76	91
Working Capital Days	24	-8	22	-1	70	109	141	90	79	72	123	101
ROCE %	20%	—	22%	23%	12%	9%	10%	13%	16%	17%	18%	18%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MARINE ELECTRICAL (I) LTD (MARINE)?

The reported market capitalisation for MARINE ELECTRICAL (I) LTD (MARINE) is ₹6,004Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MARINE?

The current price shown for MARINE ELECTRICAL (I) LTD (MARINE) on Fincrux is ₹429 with a 52-week high/low of ₹491/151.

What is the P/E ratio of MARINE ELECTRICAL (I) LTD (MARINE)?

The stock P/E for MARINE ELECTRICAL (I) LTD (MARINE) is 101 on Fincrux, with ROE at 11.7% and ROCE at 18.0%.

What were MARINE latest quarterly results?

For Jun 2026, MARINE ELECTRICAL (I) LTD (MARINE) reported sales ₹234 Cr and net profit ₹17 Cr (figures in ₹ crore unless noted).

What are MARINE annual sales and net profit?

For TTM, MARINE ELECTRICAL (I) LTD (MARINE) shows sales of ₹834 Cr and net profit of ₹59 Cr on the Fincrux profit & loss statement.

Who owns MARINE ELECTRICAL (I) LTD (MARINE)?

Latest shareholding for MARINE ELECTRICAL (I) LTD (MARINE) on Fincrux: Promoters 68.20% (Jun 2026), FIIs 1.12% (Jun 2026), DIIs 0.41% (Jun 2026), Public 30.27% (Jun 2026), No. of Shareholders 86,580% (Jun 2026).

Where can I find MARINE ELECTRICAL (I) LTD (MARINE) financials?

MARINE ELECTRICAL (I) LTD (MARINE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MARINE balance sheet and cash flow?

Yes. The MARINE ELECTRICAL (I) LTD (MARINE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 8:13