Marine Electricals (India) Ltd
NSE: MARINE BSE: 535119
₹169.84
(11.96%)
Sat, 04 Apr 2026, 05:22 pm
Market Cap22.26B
PE Ratio44.32
Dividend0.19
Distribution Services
Wholesale Distributors
24.5KMarine Electricals (India) Analysis
dividend
- Unable to evaluate Marine Electricals (India)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Marine Electricals (India)'s dividend against the top 25% market benchmark as the company has not reported any payouts.
health
- Marine Electricals (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Marine Electricals (India) is profitable, therefore cash runway is not a concern.
- Marine Electricals (India) is profitable, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 5.8x debt.
- Marine Electricals (India)'s cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (48.5% vs 32.2% today).
- Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
- Marine Electricals (India)'s level of debt (32.2%) compared to net worth is satisfactory (less than 40%).
- Operating cash flow is negative therefore debt is not well covered.
- High level of physical assets or inventory.
management
- Venkatesh's remuneration is about average for companies of similar size in India.
- The tenure for the Marine Electricals (India) management team is about average.
- The average tenure for the Marine Electricals (India) board of directors is less than 3 years, this suggests a new board.
misc
- Marine Electricals (India) is not covered by any analysts.
- Marine Electricals (India)'s last earnings update was 215 days ago.
past
- Marine Electricals (India)'s year on year earnings growth rate has been positive over the past 5 years.
- Marine Electricals (India)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Marine Electricals (India) used its assets less efficiently than the IN Electrical industry average last year based on Return on Assets.
- Marine Electricals (India)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Marine Electricals (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Marine Electricals (India)'s 1-year earnings growth is negative, it can't be compared to the IN Electrical industry average.
value
- MARINE outperformed the Electrical industry which returned -33.5% over the past year.
- MARINE outperformed the Market in India which returned -14.5% over the past year.
- Marine Electricals (India) is overvalued based on assets compared to the IN Electrical industry average.
- Marine Electricals (India) is overvalued based on earnings compared to the IN Electrical industry average.
- Marine Electricals (India) is overvalued based on earnings compared to the India market.
- NSEI:MARINE is flat (0.2%) underperforming the Electrical industry which returned 9.3% over the past month.
- NSEI:MARINE is flat (0.2%) underperforming the market in India which returned 8% over the past month.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800