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Marine Electricals (India) MARINE.NS · INR

Industrials · NSE · 🇮🇳 India

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389.20

-0.54%

Close of 9 Nov 2026, in INR

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About Marine Electricals (India)

Its shares trade on NSE under the ticker MARINE.NS. It has been listed since 11 October 2018. In the fiscal year to 31 March 2026, it reported revenue of ₹8.77bn and net income of ₹583.7m. At that date it held total assets of ₹8.90bn and shareholders' equity of ₹4.93bn.

Marine Electricals (India) Ltd. engages in the provision of electrical and automation solutions in the marine sector. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2018-10-11. The firm operates through two segments: electricals and electronics and solar. The Company’s solutions include marine, industrial and renewable energy. Its marine solutions include power generation and distribution, navigation and communication, electrical propulsion, integrated platform management systems, information technology and engineering and project management. Its industrial solutions include voltage (LV) MEcubE3, medium voltage (MV) MEpoweR3, Busduct solution and others. The firm also provides services like designing, fabricating etc. for all types of electrical and electronic installations in India and abroad and undertake annual maintenance contracts. The company provides solar power solutions to the industrial, institutional and commercial sectors.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
11 Oct 2018
Employees
414

Leadership

Pay as last reported

  • Mr. Vinay UchilExecutive Chairman of the Board, since 2007₹7.5m
  • Mr. Sunil DalmiaChief Financial Officer
  • Mr. Deep ShahCompany Secretary and Compliance Officer
  • Mr. Venkatesh UchilManaging Director, Executive Director, since 2007₹7.5m
  • Mr. Shailendra ShuklaExecutive Director, since 2018
  • Mrs. Tanuja PudhierkarNon-Executive Non-Independent Director
  • Mr. Vikas JaywantNon-Executive Independent Director₹150,000
  • Adm. Nikunj MishraNon-Executive Independent Director₹130,000
  • Mr. Madan PendseNon-Executive Independent Director₹150,000
  • Mrs. Venkata RajagopalanNon-Executive Independent Woman Director₹135,000
  • Mr. Mohan RaoNon-Executive Independent Director₹130,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Marine Electricals (India) Ltd. provides marine electrical solutions including power generation and distribution in Mumbai.
  • The company offers industrial solutions such as LV MEcubE3 and MV MEpoweR3 for electrical installations.
  • Marine Electricals (India) Ltd. delivers solar power solutions to industrial and commercial sectors in India.

Weaknesses

  • The company has 414 employees, which may limit scalability in the marine sector.
  • Marine Electricals (India) Ltd. operates only in the electrical equipment industry without diversification.
  • The firm's IPO listing date of 11 October 2018 may affect long-term investor confidence.

Opportunities

  • The growing renewable energy sector in India offers opportunities for Marine Electricals (India) Ltd. solar solutions.
  • Expanding into the marine automation solutions segment could increase market share in India.
  • The industrial sector's demand for voltage solutions like LV MEcubE3 presents growth potential.

Threats

  • Competition from established players in the Indian electrical equipment market poses a threat.
  • The marine sector's reliance on global shipping trends could impact demand for solutions.
  • Economic downturns in India may reduce investment in industrial electrical projects.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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