MARINE ELECTRICAL (I) LTD·HEAVY MACHINERY 63.44SHIPBUILDING & ALLIED 73.64·Industrial Manufacturing Companies

2026-08-21 NSE Web 20%S-ASM-I Result 15 Aug

Price

375.65

+0.64%
O:373.25
H:377.4
L:369.05
C:375.65

52W Range

150.86395
+149%/-5%

Market Cap

₹5,257.01 Cr

Traded: ₹14.51 Cr (0.28%) 0.0x

Free Float: ₹1,591.30 Cr (0.91% of FF traded)

Volume · 60D trend

3.88 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+41% 3M:+45% 6M:+80% 12M:+85%

Valuation

P/E81.7
P/B10.7
P/S5.4
EV/EBIT29.4

Business Strength

ROE11.6%
ROCE16.3%
OPM10.7%
NPM6.7%

Growth (3Y CAGR)

EPS+49.5%
Sales+26.0%
Profit+52.0%
3Y Return+77.0%

Balance Sheet

Debt/Equity0.2
Debt84.6 Cr
Pledge0.0%
CWIP/Fixed Asset14.1%

Cash Position

CFO/NP-27.1%
FCF-42.7 Cr
FCF 3Y Avg-39.6 Cr
Cash/MCap2.0%

Others

Div Yield0.1%
Div Payout0.0%
Cash Conv. Cycle93 days
Tradeable Free Float30.3%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 24.30 Cr
1.53% FF
60d high
₹ 24.30 Cr
60d low
₹ 9.94 Cr
60d mean
₹ 16.34 Cr
vs mean
▲ 48.68%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
+13.0%
+28.0%
+26.0%
--
+22.0%
Decelerating
ROE
+11.0%
+11.0%
+12.0%
--
--
Stable
Return
--
+55.0%
+77.0%
+124.0%
--
Accelerating
Profit
+20.0%
+36.0%
+52.0%
--
+52.0%
Stable

Quarterly Results

Jun 2026

15 Aug
Rev
259 Cr
+55% YoY-7% QoQ
OPM11.0%
NPM7.0%
PAT
--18 Cr
EPS
+46% YoY1.2

Mar 2026

28 May
Rev
277 Cr
+10% YoY+32% QoQ
OPM11.0%
NPM6.9%
PAT
+46% YoY19 Cr
EPS
+36% YoY1.3

Dec 2025

11 Feb
Rev
210 Cr
+8% YoY-5% QoQ
OPM10.0%
NPM5.7%
PAT
+127% YoY12 Cr
EPS
+124% YoY0.8

Sep 2025

PDF
Rev
222 Cr
+21% YoY+33% QoQ
OPM12.0%
NPM7.7%
PAT
+30% YoY17 Cr
EPS
+30% YoY1.2

Jun 2025

PDF
Rev
167 Cr
+21% YoY-33% QoQ
OPM10.0%
NPM7.2%
PAT
+63% YoY12 Cr
EPS
+56% YoY0.8

Mar 2025

PDF
Rev
251 Cr
+6% YoY+29% QoQ
OPM9.0%
NPM5.6%
PAT
+6% YoY14 Cr
EPS
+1% YoY1.0

Dec 2024

PDF
Rev
194 Cr
+32% YoY+5% QoQ
OPM6.0%
NPM2.6%
PAT
+4% YoY5 Cr
EPS
+0% YoY0.4

Sep 2024

PDF
Rev
184 Cr
+34% YoY+33% QoQ
OPM12.0%
NPM7.1%
PAT
+172% YoY13 Cr
EPS
+149% YoY0.9

Jun 2024

PDF
Rev
138 Cr
+37% YoY-42% QoQ
OPM10.0%
NPM5.1%
PAT
+99% YoY7 Cr
EPS
+93% YoY0.5

Mar 2024

PDF
Rev
237 Cr
+66% YoY+61% QoQ
OPM9.0%
NPM5.1%
PAT
+206% YoY12 Cr
EPS
+191% YoY1.0

Dec 2023

PDF
Rev
147 Cr
+16% YoY+7% QoQ
OPM8.0%
NPM3.4%
PAT
-32% YoY5 Cr
EPS
-37% YoY0.4

Sep 2023

PDF
Rev
137 Cr
+52% YoY+36% QoQ
OPM7.0%
NPM3.6%
PAT
+60% YoY5 Cr
EPS
+54% YoY0.4

Jun 2023

PDF
Rev
101 Cr
---29% QoQ
OPM10.0%
NPM4.0%
PAT
+36% YoY4 Cr
EPS
--0.3

Mar 2023

Rev
143 Cr
--+13% QoQ
OPM8.0%
NPM2.8%
PAT
-8% YoY4 Cr
EPS
--0.3

Dec 2022

Rev
127 Cr
--+41% QoQ
OPM11.0%
NPM5.5%
PAT
+74% YoY7 Cr
EPS
--0.6

Sep 2022

Rev
90 Cr
----
OPM9.0%
NPM3.3%
PAT
-23% YoY3 Cr
EPS
--0.2

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.18
Interest Coverage-1.3x
Promoter Pledge0.0%
Borrowings89 Cr

Efficiency

Receivable Days178 days
Inventory Days50 days
Payable Days135 days
Cash Conversion cycle93 days

Cash Position

Operating Cash Flow-16 Cr
Investing Cash Flow-17 Cr
Financing Cash Flow37 Cr
Free Cash Flow-43 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales25927721022216725119418413823714713710114312790
Expenses2312461901961502281821631252171351279113211382
Operating Profit2832202617221121132011101011148
OPM %11.0%11.0%10.0%12.0%10.0%9.0%6.0%12.0%10.0%9.0%8.0%7.0%10.0%8.0%11.0%9.0%
Other Income4244544234121102
Interest4844334434333323
Depreciation5444344433322222
Profit Before Tax24221622151881610177767105
Tax %26.0%17.0%24.0%26.0%25.0%27.0%40.0%21.0%27.0%28.0%23.0%30.0%37.0%43.0%26.0%39.0%
Net Profit181912171214513712554473
Exceptional Items---1000000000000----
EPS (Rs)1.21.30.81.20.81.00.40.90.51.00.40.40.30.30.60.2
Sales Growth (YoY)55.1%10.4%8.3%20.6%21.0%5.9%32.0%34.3%36.6%65.7%15.8%52.2%--------
Sales Growth (QoQ)-6.5%31.9%-5.4%32.9%-33.5%29.4%5.4%33.3%-41.8%61.2%7.3%35.6%-29.4%12.6%41.1%--
OP Growth (YoY)64.7%45.5%81.8%23.8%30.8%10.0%0.0%110.0%30.0%81.8%-21.4%25.0%--------
OP Growth (QoQ)-12.5%60.0%-23.1%52.9%-22.7%100.0%-47.6%61.5%-35.0%81.8%10.0%0.0%-9.1%-21.4%75.0%--
Profit Growth (YoY)--45.5%127.0%29.6%62.8%5.6%4.2%171.8%99.2%206.0%-31.8%59.7%36.1%-8.0%74.0%-23.1%
EPS Growth (YoY)46.4%36.1%123.7%30.4%55.6%1.0%0.0%148.7%92.9%190.9%-36.7%54.2%--------
EPS Growth (QoQ)-6.8%55.3%-29.2%42.9%-13.4%155.3%-58.7%70.4%-43.8%152.6%2.7%32.1%-15.2%-45.0%150.0%--
OP Margin10.8%11.6%9.5%11.7%10.2%8.8%5.7%11.4%9.4%8.4%7.5%7.3%9.9%7.7%11.0%8.9%
Net Margin7.0%6.9%5.7%7.7%7.2%5.6%2.6%7.1%5.1%5.1%3.4%3.6%4.0%2.8%5.5%3.3%
Material Cost %--73.0%70.0%69.0%70.0%74.0%74.0%70.0%72.0%78.0%77.0%76.0%69.0%76.0%74.0%73.0%
Employee Cost %--7.0%9.0%8.0%9.0%7.0%7.0%7.0%9.0%5.0%8.0%8.0%10.0%7.0%7.0%10.0%
P/S5.435.924.033.18------------------------
P/E81.6688.0564.2356.65------------------------
P/B10.6610.527.976.16------------------------

Shareholding Pattern

Shareholders:86.6K (+64.1%)
Current MixJun 2026

Annual Reports

5

2025

2024

2023

2022

2021

Credit Ratings

6
icraRating update
25 Apr 2025Report
icraRating update
14 Aug 2024Report
icraRating update
28 Mar 2024Report
icraRating update
05 Jan 2023Report
icraRating update
28 Nov 2022Report
icraRating update
24 Jan 2022Report

Concalls

7

Oct 2025

31 Oct 2025

May 2024

31 May 2024

Jun 2022

30 Jun 2022

Aug 2021

31 Aug 2021

Jun 2021

30 Jun 2021

Feb 2021

28 Feb 2021

Sep 2020

30 Sept 2020