Marine Electricals (India) Limited Share Price and Company Fundamentals
Last traded: Today at 9:59 AM
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; internal communication systems comprising automatic telephone, self-powered telephone, public address-general alarm, sound reception, and talk-back systems; electrical and hybrid propulsion systems consisting of battery energy storage systems, air- and liquid-cooled drive systems, and motors and alternators; marine LED lights, such as automatic emergency lanterns, flush mounted lights/cabin, flood lights/hanger, pendant, explosion proof pendant, red pendant, weather deck, bilge, tube, bunk, and engine room lights; ancillary systems that include addressable flood alarm systems, wind speed and direction systems, all weather observation systems, data distribution units, and auto transfer switches; and marine motors that comprises brake, SPDP, FLP, winged, dual speed and three speed, salvage pump, and canned motors. Its defence solutions also offer integrated bridge and integrated platform management systems. In addition, the company's commercial solutions provide monitoring and control systems, and integrated navigation and communication systems. Further, it provides LV switchboards, MV switchboards, busducts and bustrunking systems, integrated powering solutions, and IBMS. Additionally, the company offers maritime domain awareness solutions, and mobility product and software solutions, as well as the Biz starter pack. Marine Electricals (India) Limited was founded in 1978 and is headquartered in Mumbai, India.
Key Metrics
PE ratio
55.97
PB ratio
5.98
Dividend yield
0.16%
Beta
0.58
Market cap
₹24.80B
Enterprise value
₹24.76B
Company profile
| Industry / Sector | Electrical Equipment & Parts / Industrials |
|---|---|
| Full time employees | 622 |
| Website | https://www.marineelectricals.com |
| Mailing address | B - 1, Udyog Sadan - 3 MIDC, Marol Industrial Area Andheri (East) Mumbai 400093 India |
| Phone / Fax | 91 22 4033 4300 / 91 22 2836 4045 |
Dividends
Dividend yield
0.16%
Dividend amount
₹0.30
Payout ratio
8.96%
5Y Avg. yield
-%
Marine Electricals (India) Limited paid ₹0.30 dividend and the ex-dividend date was 12 Sep 2025.The dividend payout ratio is 8.96%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MARINE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Feb 2026, following are the company executives and directors listed on Marine Electricals (India) Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Vinay Krishna Uchil | Executive Chairman | 54 | |
| Mr. Venkatesh Krishnappa Uchil | MD & Director | 48 | |
| Mr. S. Sridhar | CTO - R & D | 60 | |
| Mr. Shivaji Shinde | Vice President of Service | 60 | |
| Mr. Sunil Kumar Dalmia | Chief Financial Officer | ||
| Commander Rajeev Malhotra | Chief Operating Officer | 62 | |
| Dr. Milind Dalvi | Chief Technology Officer | ||
| Ms. Veena Rao | Admin Head | ||
| Mr. Deep Shah | Company Secretary & Compliance Officer | ||
| Captain Kamal Yadav | Vice President of Global Sales |
Profitability and management effectiveness
Profit margin
6.27%
Operating margin
7.77%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Marine Electricals (India) Limited is 24.80B and its enterprise value is 24.76B. The enterprise value to revenue ratio of MARINE is 2.91. The enterprise value to EBITDA ratio of MARINE is 29.15.
The MARINE's stocks Beta value is 0.58 making it 42% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Marine Electricals (India) Limited (NSE:MARINE) Frequently Asked Questions
1. What is Marine Electricals (India) Limited's Stock Symbol?
Marine Electricals (India) Limited trades on NSE under the ticker symbol "MARINE".
2. What is Marine Electricals (India) Limited's stock price today?
One share of MARINE stock can currently be purchased for approximately ₹186.93.
3. How can I contact Marine Electricals (India) Limited?
Marine Electricals (India) Limited's mailing address is B - 1, Udyog Sadan - 3 MIDC, Marol Industrial Area Andheri (East) Mumbai 400093 India. The company can be reached via phone at 91 22 4033 4300.
4. What is Marine Electricals (India) Limited's official website?
The official website of Marine Electricals (India) Limited is https://www.marineelectricals.com.