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Marine Electricals share price

Marine Electricals (India) Ltd.

NSE: MARINE SECTOR: Engineering - Industrial Equipments  99k   165   31

177.89
+8.47 (5.00%)
NSE: 21 Feb 03:49 PM

Price Summary

Today's High

₹ 177.89

Today's Low

₹ 170.5

52 Week High

₹ 333

52 Week Low

₹ 84.75

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2453.89 Cr.

Enterprise Value

2512.79 Cr.

No. of Shares

13.79 Cr.

P/E

58.86

P/B

9.74

Face Value

₹ 2

Div. Yield

0.11 %

Book Value (TTM)

₹  18.27

CASH

17.44 Cr.

DEBT

76.34 Cr.

Promoter Holding

68.45 %

EPS (TTM)

₹  3.02

Sales Growth

36.41%

ROE

14.24 %

ROCE

18.02%

Profit Growth

45.35 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year36.41%
3 Year38.74%
5 Year10.55%

Profit Growth

1 Year45.35%
3 Year53.57%
5 Year29.52%

ROE%

1 Year14.24%
3 Year11.8%
5 Year9.05%

ROCE %

1 Year18.02%
3 Year16.24%
5 Year13.77%

Debt/Equity

0.3427

Price to Cash Flow

2185.32

Interest Cover Ratio

4.6354

CFO/PAT (5 Yr. Avg.)

0.705159526530142

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 68.45 0.00
Sep 2024 71.17 0.00
Jun 2024 71.17 0.00
Mar 2024 71.98 0.00
Dec 2023 72.87 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 53.5687099332567% for the Past 3 years.
  • The company has shown a good revenue growth of 38.7351127363348% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 64.911 days.
  • The company has a high promoter holding of 68.45%.

 Limitations

  • Company has contingent liabilities of 135.649 Cr.
  • The company is trading at a high PE of 58.86.
  • The company is trading at a high EV/EBITDA of 32.1242.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 124.31 201.92 125.21 165.47 184.91
Total Expenditure 114.83 181.7 112.21 149.52 170.14
Operating Profit 9.48 20.22 13.01 15.96 14.78
Other Income 1.73 2.93 2.89 2.39 4.88
Interest 2.95 2.97 2.71 2.88 3.23
Depreciation 1.63 2.21 2.37 2.61 3.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 6.62 17.97 10.83 12.86 13.25
Tax 1.47 4.48 2.56 3.14 3.03
Profit After Tax 5.16 13.49 8.27 9.72 10.22
Adjusted EPS (Rs) 0.4 1.02 0.62 0.7 0.74

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 205.92 199.87 322.89 391.27 533.73
Total Expenditure 189.41 177.24 296.7 356.29 486.49
Operating Profit 16.52 22.64 26.19 34.98 47.24
Other Income 6.54 3.59 5.5 6.13 7.67
Interest 8.78 7.73 6.45 8.62 10.4
Depreciation 8.28 7.64 7.6 6.13 6.7
Exceptional Items 0 0 0 0 0
Profit Before Tax 6.01 10.86 17.64 26.37 37.81
Tax 1.26 3.03 5.17 6.86 9.46
Net Profit 4.75 7.83 12.47 19.51 28.35
Adjusted EPS (Rs.) 0.39 0.64 1.02 1.54 2.14

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 24.53 24.53 24.53 25.26 26.53
Total Reserves 101.06 109.34 119.63 154.82 196.22
Borrowings 8.01 8.5 4.39 18.01 22.66
Other N/C liabilities 5.26 3.37 2.47 4.46 4.69
Current liabilities 154.6 151.64 127.56 169.37 267.67
Total Liabilities 293.47 297.39 278.58 371.91 517.77
Assets
Net Block 39.59 33.69 33.27 34.41 39.93
Capital WIP 0 0 1.99 0 3.04
Intangible WIP 0 0 0 0 2.46
Investments 16.93 11.13 9.19 25.63 36
Loans & Advances 4.26 4.58 9.26 15.54 15.48
Other N/C Assets 4.96 9.07 9.8 26.06 30.41
Current Assets 227.73 238.92 215.07 270.28 390.45
Total Assets 293.47 297.39 278.58 371.91 517.77
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 6.01 10.86 17.64 26.37 37.81
Adjustment 17.43 15.32 13.62 12.77 19.17
Changes in Assets & Liabilities -0.21 -26.76 12.2 -39.34 -47.91
Tax Paid -1.84 -2.31 -5.49 -5.98 -7.95
Operating Cash Flow 21.38 -2.89 37.98 -6.18 1.12
Investing Cash Flow -0.31 -1.59 -11.28 -27.22 -24.26
Financing Cash Flow -19.39 0.69 -27.36 33.29 24.35
Net Cash Flow 1.68 -3.79 -0.66 -0.12 1.21

Corporate Actions

Investors Details

PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
promoters 72.87 71.98 71.17 71.17 68.45
kdu enterprises private l... 50.48 49.87 49.30 49.30 47.42
reshma mohan uchil 0.12 0.12 0.12 0.12 0.11
venkatesh krishnappa uchi... - 21.17 20.94 20.94 20.13
vinay uchil 0.83 0.82 0.82 0.82 0.78
venkatesh k uchil 21.44 - - - -
PARTICULARS Dec 2020% Mar 2021% Jun 2021% Sep 2021% Jun 2024%
investors 26.48 26.48 26.48 26.48 28.83
rakesh rajkrishan aggarwa... - - - - 1.01
ajinkya mercantile pvt lt... - - - 2.66 -
ajinkya mercantile privat... 2.50 2.66 2.66 - -
gaurang shashikant vasani... 1.63 1.63 1.63 - -
hancshi tradelinkk llp - 1.02 1.04 - -
national stock exchange o... - 1.10 1.10 - -
sajankumar rameshwarlal b... 1.34 1.34 1.01 - -
niraj rajnikant shah - 1.46 - - -
sharmila gaurang vasani 1.13 1.13 - - -
edelweiss custodial servi... 1.10 - - - -

Ratings & Research Reports

Company Presentations

Company News

Marine Electricals - Quaterly Results 13 Feb, 11:24 AM Marine Electricals - Quaterly Results 13 Feb, 11:24 AM Marine Electricals - Quaterly Results 13 Feb, 11:24 AM Marine Electricals - Quaterly Results 12 Nov, 12:00 PM Marine Electricals - Quaterly Results 12 Nov, 12:00 PM Marine Electricals bags orders worth Rs 6.25 crore 4 Oct, 4:00 PM Marine Electricals bags order worth Rs 8.58 crore 30 Sep, 3:10 PM Marine Electricals secures orders worth Rs 6.87 crore 17 Sep, 11:26 AM Marine Electricals bags order worth Rs 4.10 crore 11 Sep, 11:28 AM Marine Electricals enters into MoU with Cummins India 13 Aug, 10:21 AM Marine Electricals - Quaterly Results 12 Aug, 12:00 PM Marine Electricals - Quaterly Results 12 Aug, 12:00 PM Marine Electricals bags order worth Rs 20.40 crore 23 Jul, 12:25 PM Marine Electricals bags order worth Rs 50 crore 8 Jul, 3:41 PM Marine Electricals - Quaterly Results 29 May, 12:00 PM Marine Electricals bags orders worth Rs 104.25 crore 16 Feb, 2:18 PM Marine Electricals - Quaterly Results 14 Feb, 12:00 PM Marine Electricals - Quaterly Results 14 Feb, 12:00 PM Marine Electricals bags four orders worth Rs 27.97 crore 21 Dec, 12:27 PM Marine Electricals gets order worth Rs 6.90 crore 20 Dec, 12:42 PM Marine Electricals gets order worth Rs 20.25 crore 7 Dec, 10:50 AM Marine Electricals receives order from Garden Reach Shipbuilders & Engineers 18 Nov, 5:01 PM Marine Electricals (India) secures order worth Rs 2.26 crore 18 Nov, 11:10 AM Marine Electricals gets order worth Rs 5.05 crore 15 Nov, 2:28 PM Marine Electricals gets nod to acquire 49.20% equity share capital of Marks Marine Radio 16 Oct, 4:07 PM Marine Electricals bags order worth Rs 8.50 crore 11 Oct, 11:40 AM Marine Electricals bags order worth Rs 2.28 crore 4 Oct, 4:42 PM Marine Electricals’ arm bags orders worth Rs 3.91 crore 22 Sep, 12:14 PM Marine Electricals - Quaterly Results 11 Aug, 12:00 PM Marine Electricals - Quaterly Results 11 Aug, 12:00 PM Marine Electricals - Quaterly Results 29 May, 12:00 PM Marine Electricals (India) inks revenue sharing agreement with PMC 19 May, 3:45 PM Marine Electricals bags two orders worth Rs 13.01 crore 3 May, 9:59 AM Marine Electricals bags three orders worth Rs 36.24 crore 28 Apr, 12:14 PM Marine Electricals bags orders worth Rs 11.60 crore 12 Apr, 12:30 PM Marine Electricals bags order from Garden Reach Shipbuilders & Engineers 23 Mar, 2:20 PM Marine Electricals bags two orders worth Rs 11.88 crore 28 Feb, 3:51 PM Marine Electricals bags order worth Rs 13.92 crore from Goa Shipyard 20 Feb, 5:25 PM Marine Electricals - Quaterly Results 13 Feb, 12:00 PM Marine Electricals secures order worth Rs 5.99 crore from Deccan Fine Chemicals 30 Jan, 9:51 AM Marine Electricals bags two orders worth Rs 20.75 crore 25 Jan, 2:26 PM Marine Electricals bags order worth Rs 16.97 crore from Garden Reach Shipbuilders & Engineers 16 Jan, 12:28 PM Marine Electricals bags order worth Rs 23.50 crore from AdaniConnex 4 Jan, 11:51 AM Marine Electricals bags order for supply of LT panels, Bus Duct 26 Aug, 2:41 PM Marine Electricals bags order worth Rs 12.99 crore 11 Aug, 11:55 AM Marine Electricals - Quaterly Results 4 Aug, 12:00 PM Marine Electricals - Quaterly Results 4 Aug, 12:00 PM Marine Electricals - Quaterly Results 4 Aug, 12:00 PM Marine Electricals secures order worth Rs 10.65 crore 14 Jun, 12:41 PM Marine Electricals (India) bags order worth Rs 21.75 crore 9 Jun, 12:58 PM

Marine Electricals Stock Price Analysis and Quick Research Report. Is Marine Electricals an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Marine Electricals stock price today is Rs 177.89. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Marine Electricals . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Marine Electricals has a PE ratio of 58.8571995764955 which is high and comparatively overvalued .

  • Share Price: - The current share price of Marine Electricals is Rs 177.89. One can use valuation calculators of ticker to know if Marine Electricals share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Marine Electricals has ROA of 6.3736 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Marine Electricals has a Current ratio of 1.4587 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Marine Electricals has a ROE of 14.2407 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Marine Electricals has a Debt to Equity ratio of 0.3427 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Marine Electricals has reported revenue growth of 36.4084 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Marine Electricals for the current financial year is 8.85085612136094 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Marine Electricals is Rs 0.2 and the yield is 0.1124 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Marine Electricals is Rs 3.0224 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Marine Electricals in Ticker for free. Also, one can get the intrinsic value of Marine Electricals by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Marine Electricals
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