Marine Electricals (India) Limited Share Price and Company Fundamentals



Price
₹27.45
Change
0.250 (0.919%)
52 week
24.65 - 62.5

Last traded: Today at 4:53 AM

Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. It offers power generation and distribution, navigation and communication, electrical propulsion, integrated platform management, information technology, engineering and project management, and various system solutions for the marine sector. The company also provides services, including repairs, corrective and preventive maintenance, upgrades, and life extensions and parts on electrical power generation, power distribution, automation and power management systems, navigation and communication systems, and other electrical and electronic systems, as well as designing and fabricating services for electrical and electronic installation. In addition, it undertakes annual maintenance contracts and solar projects. The company was founded in 1978 and is headquartered in Mumbai, India. Marine Electricals (India) Limited is a subsidiary of KDU Enterprises Private Limited.

Key Metrics

PE ratio

22.54

PB ratio

2.01

Dividend yield

0.00%

Beta

0.58

Market cap

-

Enterprise value

-

Company profile

Industry / SectorMarine Shipping / Industrials
Websitehttps://www.marineelectricals.com
Mailing addressB-1, Udyog Sadan – 3 MIDC, Marol Industrial Area Andheri East Mumbai 400 093 India
Phone / Fax91 22 4033 4300 /

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

16.67%

Marine Electricals (India) Limited paid ₹0.00 dividend and the ex-dividend date was 20 Sept 2021.The dividend payout ratio is 16.67%. 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.

MARINE's forward dividend amount is ₹0.2 and the forward dividend yield is 0.74%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Marine Electricals (India) Limited.

NameTitleAgeTotal Pay
Mr. Vinay K. UchilChairman50
Mr. Venkatesh Krishnappa UchilMD & Director44
Ms. Namita SethiaChief Financial Officer2.86M
Ms. Mitali V. AmbreCompany Sec. & Compliance Officer24784k
Mr. Rajeev MalhotraChief Operating Officer58
Ms. Veena RaoAdmin Head
Mr. Navin RaoPlant Head

Profitability and management effectiveness

Profit margin

3.40%

Operating margin

7.02%

Return on assets

4.42%

Return on equity

7.55%

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 and its enterprise value is .

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 ₹27.45.

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 400 093 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.