Marine Electricals (India) Limited (NSE: MARINE) is a Mumbai, Maharashtra-based company in the Electrical Apparatus industry. With a market capitalisation of ₹6,004 Cr, it ranks #774 by market cap among the 6,137 Indian listed companies on FinBizNet, and #2 of 23 in Electrical Apparatus. At ₹394.45 (as of 25 Oct 2026), the share price is 19.6% below its 52-week high of ₹490.85 and 160.0% above its 52-week low of ₹151.70. The share price is up 81.9% over one year and up 54.8% over three months.
| Current Price | ₹394.45 |
|---|---|
| Market Cap | ₹6,004 Cr |
| NSE Symbol | MARINE |
| Sector | Industrials > Capital Goods > Electrical Equipment |
| Sub-Industry | Electrical Components and Equipment > Electrical Apparatus |
| P/E Ratio | 102.5 |
| Return on Equity | 12.89% |
| Return on Assets | 6.39% |
| 52-Week Range | ₹151.70 – ₹490.85 |
| 1-Year Price Change | +81.9% |
| 3-Month Price Change | +54.8% |
| Beta (1Y) | 1.02 |
| Dividend Yield | 0.07% |
| Headquarters | Mumbai, Maharashtra |
| Website | www.marineelectricals.com |
| Revenue | ₹259 Cr |
|---|---|
| Net Profit | ₹18 Cr |
| Net Margin | 6.8% |
| EPS (Basic) | ₹1.23 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
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 p
1. Electricals and Electronics-This segment manufactures and sells various marine and industrial electrical and electronic components. 2. Solar-This segment engages in solar power renewable energy sector.
1. Marine-52.9% 2. Industry-47.1%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Graphite India Ltd. | ₹15,046 Cr | 83.2 | 2.92% | ₹842 Cr | +23.9% |
| Marine Electricals (India) Limited | ₹6,004 Cr | 102.5 | 12.89% | ₹259 Cr | +81.9% |
| Heg Ltd. | ₹4,337 Cr | 12.5 | 7.34% | ₹681 Cr | -61.9% |
| Hind Rectifiers Ltd | ₹3,837 Cr | 84 | 21.11% | ₹258 Cr | +22.2% |
| Pitti Engineering Ltd | ₹3,759 Cr | 31.9 | 12.50% | ₹578 Cr | -3.5% |
| Modison Metals Ltd | ₹1,631 Cr | 22.5 | 29.53% | ₹270 Cr | +150.4% |
| Indo Smc Limited | ₹1,086 Cr | 24.7 | — | — | — |
| Swelect Energy Systems Ltd | ₹956 Cr | 16.8 | 6.29% | ₹131 Cr | -33.0% |
| Raksan Transformers Ltd | ₹555 Cr | 12.9 | — | — | — |
Listed by market capitalisation. Ratios are shown for context only.
Marine Electricals (India) Limited is trading at ₹394.45, with a market capitalisation of ₹6,004 Cr.
Marine Electricals (India) Limited operates in the Industrials > Capital Goods > Electrical Equipment space (Electrical Components and Equipment > Electrical Apparatus).
Marine Electricals (India) Limited has a P/E of 102.5 and a return on equity of 12.89%.
Marine Electricals (India) Limited is listed on the NSE under the symbol MARINE.
Marine Electricals (India) Limited's share price is up 81.9% over one year and up 54.8% over three months. Its 52-week range is ₹151.70 to ₹490.85.
In Q1 FY27, Marine Electricals (India) Limited reported revenue of ₹259 Cr and net profit of ₹18 Cr, with basic EPS of ₹1.23 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.