Marine Electricals (India) Ltd. | Small-cap | Industrials
₹214.06
-0.19%
| Marine Electricals Stock Comparison:
Marine Electricals vs Adani PortsMarine Electricals vs Jsw InfrastructureMarine Electricals vs Knowledge MarineMarine Electricals vs SeamecMarine Electricals vs Essar ShippingMarine Electricals vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 2.5B
Gross Profit 384.8M 15.37%
Operating Income 309.9M 12.38%
Net Income 135.1M 5.40%

Balance Sheet Metrics

Total Assets 7.2B
Total Liabilities 3.2B
Shareholders Equity 4.1B
Debt to Equity 0.78

Cash Flow Metrics

Revenue & Profitability Trend

Marine Electricals Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i7.7B6.2B4.4B3.8B2.5B
Cost of Goods Sold i6.4B5.3B3.7B3.2B2.1B
Gross Profit i1.3B925.0M676.3M524.4M432.1M
Gross Margin % i17.2%14.9%15.3%14.0%17.2%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i218.9M141.1M138.1M82.9M63.5M
Other Operating Expenses i406.7M271.7M195.5M185.3M115.8M
Total Operating Expenses i625.6M412.9M333.6M268.2M179.3M
Operating Income i660.6M483.5M327.6M241.1M241.4M
Operating Margin % i8.6%7.8%7.4%6.4%9.6%
Non-Operating Items
Interest Income i67.2M26.8M18.7M10.9M15.3M
Interest Expense i93.9M84.1M63.5M37.9M63.0M
Other Non-Operating Income-----
Pre-tax Income i524.1M363.2M250.7M194.4M169.1M
Income Tax i143.0M105.6M82.7M61.6M33.9M
Effective Tax Rate % i27.3%29.1%33.0%31.7%20.0%
Net Income i381.1M257.6M168.0M132.8M135.3M
Net Margin % i5.0%4.1%3.8%3.5%5.4%
Key Metrics
EBITDA i888.9M616.3M410.4M345.4M377.3M
EPS (Basic) i₹2.83₹2.02₹1.38₹1.06₹1.05
EPS (Diluted) i₹2.81₹2.02₹1.36₹1.06₹1.05
Basic Shares Outstanding i135601331128403501122985524122665250122665250
Diluted Shares Outstanding i135601331128403501122985524122665250122665250

Income Statement Trend

Marine Electricals Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i183.8M65.3M29.2M14.4M42.6M
Short-term Investments i851.8M4.5M4.0M--
Accounts Receivable i3.3B3.2B2.3B1.7B1.7B
Inventory i788.8M922.7M637.9M791.2M792.0M
Other Current Assets416.9M415.6M---30.0K
Total Current Assets i6.1B4.9B3.6B3.0B3.2B
Non-Current Assets
Property, Plant & Equipment i14.8M14.8M14.8M14.8M14.8M
Goodwill i397.5M369.2M310.9M61.3M52.8M
Intangible Assets i241.0M212.8M154.4M61.3M52.8M
Long-term Investments-----
Other Non-Current Assets-2.0K145.8M-1.0K--
Total Non-Current Assets i1.1B1.3B1.1B695.1M602.7M
Total Assets i7.2B6.2B4.7B3.7B3.8B
Liabilities
Current Liabilities
Accounts Payable i2.0B2.1B1.5B1.2B1.3B
Short-term Debt i306.5M693.4M429.0M316.3M483.7M
Current Portion of Long-term Debt-----
Other Current Liabilities779.0K778.0K---
Total Current Liabilities i2.9B3.3B2.2B1.8B2.0B
Non-Current Liabilities
Long-term Debt i245.4M277.0M227.9M49.9M99.3M
Deferred Tax Liabilities i----0
Other Non-Current Liabilities1.7M2.5M---
Total Non-Current Liabilities i305.6M324.3M270.9M78.6M122.3M
Total Liabilities i3.2B3.6B2.5B1.9B2.1B
Equity
Common Stock i275.9M265.3M252.6M245.3M245.3M
Retained Earnings i1.7B1.4B1.1B946.0M840.7M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i4.1B2.6B2.1B1.8B1.7B
Key Metrics
Total Debt i551.9M970.4M657.0M366.2M583.0M
Working Capital i3.3B1.6B1.4B1.2B1.2B

Balance Sheet Composition

Marine Electricals Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i524.1M363.2M250.7M194.4M169.1M
Depreciation & Amortization i-----
Stock-Based Compensation i-----
Working Capital Changes i4.1M-1.3B-624.3M181.1M-65.3M
Operating Cash Flow i601.2M-870.7M-288.9M442.8M187.7M
Investing Activities
Capital Expenditures i-208.1M-241.6M-223.3M-104.0M-42.5M
Acquisitions i1.1M-13.6M-46.9M-83.2M-284.0K
Investment Purchases i-838.5M-11.5M-4.0M0-
Investment Sales i-----
Investing Cash Flow i-1.0B-253.3M-267.5M-187.2M-42.7M
Financing Activities
Share Repurchases i-----
Dividends Paid i-26.4M---24.4M-
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i733.5M426.5M254.1M-162.0M24.3M
Free Cash Flow i336.9M-315.2M-257.3M347.4M-24.3M
Net Change in Cash i313.9M-697.5M-302.2M93.6M169.3M

Cash Flow Trend

Marine Electricals Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 76.04
Price to Book 7.28
Price to Sales 3.55

Profitability Ratios

Profit Margin 5.39%
Operating Margin 8.05%
Return on Equity 9.42%
Return on Assets 5.30%

Financial Health

Current Ratio 2.14
Debt to Equity 13.53
Beta 0.60

Per Share Data

EPS (TTM) ₹2.80
Book Value per Share ₹29.26
Revenue per Share ₹57.93

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
marine32.2B76.047.289.42%5.39%13.53
Adani Ports 3.0T26.584.8317.07%34.60%79.19
Jsw Infrastructure 656.1B42.416.9014.33%33.96%48.07
Knowledge Marine 26.2B51.5111.5022.65%24.39%60.70
Seamec 23.7B19.912.288.90%17.84%22.90
Essar Shipping 5.6B0.74-0.22-27.74%7,676.73%-0.69

Financial data is updated regularly. All figures are in the company's reporting currency.