Marine Electricals (India) Limited

NSE: MARINE
Marine Electricals (India) Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L31907MH2007PLC176443 Incorporated 04 December 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: MARINE Public Limited Company transport and logistics
Data last updated
Revenue · FY 2026
₹876.94 Cr
▲ 14.32% YoY
Computed EBITDA · FY 2026
₹110.75 Cr
▲ 35.02% YoY
Net profit · FY 2026
₹58.62 Cr
▲ 53.81% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹27.99 Cr
Issued & subscribed
Open charges
₹332.84 Cr
Satisfied ₹203.91 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
520
Latest available

About Marine Electricals (India) Limited

Data last updated: 02 July 2026

Marine Electricals (India) Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Kdu Enterprises Private Limited. It specialises in shipping and maritime services, a part of the broader transport and logistics sector. Incorporated on 04 December 2007, the company has been in operation for over 19 years.

Registered with ROC Mumbai under CIN L31907MH2007PLC176443. Listed on NSE: MARINE.

Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹27.99 Cr. Formerly known as Marine Electricals (India) Private Limited. It is led by directors including Vinay Krishna Uchil and Venkatesh Krishnappa Uchil.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: B/1 Udyog Sadan No.3 Midc Andheri (E), Mumbai, Maharashtra, India – 400093.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹876.94 Cr, a growth of 14.32% compared to the previous year. The net worth stands at ₹501.67 Cr (up 22.94% YoY). Total assets are valued at ₹890.45 Cr (up 22.88% YoY).

The company has a workforce of approximately 520 employees as per the latest available data. It operates as a subsidiary of Kdu Enterprises Private Limited. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand - Marine Electricals. As per MCA filings, the company has open charges of ₹332.84 Cr and satisfied charges of ₹203.91 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marineelectricals.com.

Company Details of Marine Electricals (India) Limited
CIN L31907MH2007PLC176443
Registration Number 176443
Incorporation Date 04 December 2007
ROC Mumbai
Listing Status Listed (NSE: MARINE)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kdu Enterprises Private Limited
Compliance Status Active Compliant
Key People
Venkatesh Krishnappa Uchil Managing Director Vinay Krishna Uchil Whole-Time Director Shailendra Kumar Shukla Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    marineelectricals.com
  • Social Media
  • Registered Address
    B/1 Udyog Sadan No.3 Midc Andheri (E), Mumbai, Maharashtra, India – 400093
  • Industry
    Transport and Logistics, Shipping & Maritime Services
Company report
Marine Electricals (India) Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Marine Electricals (India) Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Marine Electricals (India) Limited

Marine Electricals (India) Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31907MH2007PLC176443, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L31907MH2007PLC176443 Current
U31907MH2007PLC176443 Previous
U31907MH2007PTC176443 Previous

Associated Brands with Marine Electricals (India) Limited

Marine Electricals (India) Limited operates one associated brand: Marine Electricals. These brands represent Marine Electricals (India) Limited's diversified market presence and brand portfolio.

Brand Description Website
Marine Electricals
Technical services are provided to oil and gas industries. marineelectricals.com

Business Activity of Marine Electricals (India) Limited

Marine Electricals (India) Limited is engaged in principal business activities including manufacturing and support service to organizations, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, other support services to organizations. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment Locked
N Support service to Organizations N7 Other support services to organizations Locked
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Business activity turnover details for Marine Electricals (India) Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Auditor Details of Marine Electricals (India) Limited

Marine Electricals (India) Limited is audited by Saini Pati Shah & Co LLP (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Saini Pati Shah & Co LLP (ICAI peer reviewed, certificate valid till 2027-04-30) FY 2026 Declaration of unmodified opinion

Board of Directors and KMP of Marine Electricals (India) Limited

Marine Electricals (India) Limited currently reports 8 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Vinay Krishna Uchil
Also directs: Mel Heavy Industries Private Limited, Athmar India Private Limited, Eltech Engineers Madras Private Limited and 5 more
Whole-Time Director 04 Dec 2007 18 Years 8 Months Current
Venkatesh Krishnappa Uchil
Also directs: Mel Heavy Industries Private Limited, Eltech Engineers Madras Private Limited, Mel Shipyard Private Limited and 5 more
Managing Director 04 Dec 2007 18 Years 8 Months Current
Madan Gopal Pendse
Also directs: Aipl Vista Private Limited, Das Offshore Limited, Netizen Talent Management (Karnataka) Private Limited and 5 more
Director 11 Jul 2018 8 Years 1 Months Current
Nikunj Kishore Mishra Director 11 Jul 2018 8 Years 1 Months Current
Tanuja Deepak Pudhierkar
Also directs: Mel Shipyard Private Limited, Mumbai Institute Of Regenerative And Aesthetic Gynecology (Mirag) Llp, Premalata Foundation
Director 01 Aug 2018 8 Years 0 Months Current
Shailendra Kumar Shukla
Also directs: Standard Maritime Private Limited
Whole-Time Director 07 Dec 2018 7 Years 8 Months Current
Showing 6 of 9 current directors and KMP. View all directors and KMP

Financials of Marine Electricals (India) Limited FY 2026 filings available

Marine Electricals (India) Limited reported revenue of ₹876.94 Cr (up 14.32% YoY) for FY 2026.

Revenue · FY 2026
₹876.94 Cr ▲ 14.32%
Profit · FY 2026
₹58.62 Cr ▲ 53.81%
Computed EBITDA · FY 2026
₹110.75 Cr ▲ 35.02%
Revenue₹ Cr · Consolidated05001,000FY 2021: ₹251 Cr251FY 2021FY 2022: ₹376 Cr · +49.8% YoY376+49.8%FY 2022FY 2023: ₹443 Cr · +17.7% YoY443+17.7%FY 2023FY 2024: ₹622 Cr · +40.5% YoY622+40.5%FY 2024FY 2025: ₹767 Cr · +23.3% YoY767+23.3%FY 2025FY 2026: ₹877 Cr · +14.3% YoY877+14.3%FY 2026
Net Profit₹ Cr · Consolidated0204060FY 2021: ₹14 Cr13.5FY 2021FY 2022: ₹13 Cr · -1.9% YoY13.3-1.9%FY 2022FY 2023: ₹17 Cr · +26.5% YoY16.8+26.5%FY 2023FY 2024: ₹26 Cr · +53.3% YoY25.8+53.3%FY 2024FY 2025: ₹38 Cr · +47.9% YoY38.1+47.9%FY 2025FY 2026: ₹59 Cr · +53.8% YoY58.6+53.8%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q1'25: ₹138 Cr · +37% YoY138+37%Q1'25Q2'25: ₹184 Cr · +34.1% YoY184+34.1%Q2'25Q3'25: ₹194 Cr · +32.2% YoY194+32.2%Q3'25Q4'25: ₹251 Cr · +5.8% YoY251+5.8%Q4'25Q1'26: ₹167 Cr · +20.6% YoY167+20.6%Q1'26Q2'26: ₹222 Cr · +20.7% YoY222+20.7%Q2'26Q3'26: ₹210 Cr · +8.5% YoY210+8.5%Q3'26Q4'26: ₹277 Cr · +10.7% YoY277+10.7%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Revenue from Operations ₹876.94 Cr ₹767.1 Cr ₹622.12 Cr ₹442.85 Cr ₹376.33 Cr ₹251.29 Cr
Other Income ₹16.28 Cr ₹13.32 Cr ₹7.15 Cr ₹4.53 Cr ₹4.85 Cr ₹7.73 Cr
Total Income ₹893.22 Cr ₹780.41 Cr ₹629.27 Cr ₹447.38 Cr ₹381.18 Cr ₹259.02 Cr
Cost of Materials Consumed ₹619.24 Cr ₹543.85 Cr ₹495.89 Cr ₹313.63 Cr ₹281.2 Cr ₹176.76 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹18.25 Lakh ₹13.69 Cr -₹25.61 Cr ₹16.04 Cr ₹2.11 Cr -₹2.85 Cr
Employee Benefit Expense ₹70.63 Cr ₹57.23 Cr ₹45.02 Cr ₹34.5 Cr ₹30.83 Cr ₹25.34 Cr
Finance Costs ₹19.02 Cr ₹14.08 Cr ₹12.38 Cr ₹9.94 Cr ₹7.28 Cr ₹8.93 Cr
Depreciation & Amortisation ₹14.77 Cr ₹15.57 Cr ₹10.37 Cr ₹8.08 Cr ₹9.35 Cr ₹9.12 Cr
Other Expenses ₹92.78 Cr ₹83.62 Cr ₹55.05 Cr ₹40.11 Cr ₹30.96 Cr ₹24.8 Cr
Total Expenses ₹816.26 Cr ₹728.03 Cr ₹593.09 Cr ₹422.31 Cr ₹361.72 Cr ₹242.1 Cr
Profit Before Exceptional Items & Tax ₹76.96 Cr ₹52.38 Cr ₹36.18 Cr ₹25.07 Cr ₹19.46 Cr ₹16.91 Cr
Exceptional Items -₹1.21 Cr ₹0 ₹14.15 Lakh ₹0 ₹0 ₹0
Profit Before Tax ₹75.75 Cr ₹52.38 Cr ₹36.32 Cr ₹25.07 Cr ₹19.46 Cr ₹16.91 Cr
Total Tax Expense ₹17.13 Cr ₹14.3 Cr ₹10.56 Cr ₹8.27 Cr ₹5.59 Cr ₹3.38 Cr
Net Profit ₹58.62 Cr ₹38.11 Cr ₹25.76 Cr ₹16.8 Cr ₹13.28 Cr ₹13.53 Cr
  attributable to Owners ₹58.37 Cr ₹38.43 Cr ₹25.9 Cr ₹17 Cr ₹12.98 Cr ₹12.9 Cr
  attributable to NCI ₹24.99 Lakh -₹31.97 Lakh -₹13.61 Lakh -₹19.46 Lakh ₹30.1 Lakh ₹63.47 Lakh
Other Comprehensive Income ₹5.38 Cr ₹1.1 Cr ₹61.89 Lakh ₹1.54 Cr -₹78.75 Lakh ₹47.98 Lakh
Total Comprehensive Income ₹64 Cr ₹39.21 Cr ₹26.38 Cr ₹18.34 Cr ₹12.49 Cr ₹14.01 Cr
EBITDA (computed) ₹110.75 Cr ₹82.02 Cr ₹58.92 Cr ₹43.09 Cr ₹36.09 Cr ₹34.96 Cr
Basic EPS ₹4.22 ₹2.83 ₹2.02 ₹1.38 ₹1.06 ₹1.14
Diluted EPS ₹4.22 ₹2.81 ₹2.02 ₹1.36 ₹1.06 ₹1.14
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹890.45 Cr ₹724.66 Cr ₹615.71 Cr ₹465.74 Cr
Non-current Assets ₹134.25 Cr ₹112.35 Cr ₹130.15 Cr ₹106.78 Cr
Current Assets ₹756.2 Cr ₹612.31 Cr ₹485.56 Cr ₹358.96 Cr
Property, Plant & Equipment ₹51.03 Cr ₹49.38 Cr ₹43.08 Cr ₹37.67 Cr
Inventories ₹85.17 Cr ₹78.88 Cr ₹92.27 Cr ₹63.79 Cr
Trade Receivables ₹427.73 Cr ₹330.84 Cr ₹317.03 Cr ₹226.09 Cr
Cash & Equivalents ₹22.27 Cr ₹18.38 Cr ₹6.53 Cr ₹2.92 Cr
Equity (Net Worth) ₹501.67 Cr ₹408.07 Cr ₹255.5 Cr ₹214.8 Cr
Equity Share Capital ₹27.99 Cr ₹27.59 Cr ₹26.53 Cr ₹25.26 Cr
Borrowings (Non-current) ₹19.88 Cr ₹20.83 Cr ₹26.54 Cr ₹22.22 Cr
Borrowings (Current) ₹64.28 Cr ₹28.69 Cr ₹68.94 Cr ₹42.89 Cr
Total Debt (computed) ₹84.16 Cr ₹49.52 Cr ₹95.48 Cr ₹65.11 Cr
Current Liabilities ₹357.41 Cr ₹286.04 Cr ₹327.78 Cr ₹223.85 Cr
Total Liabilities ₹388.78 Cr ₹316.59 Cr ₹360.21 Cr ₹250.94 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹16.06 Cr ₹55.44 Cr -₹7.36 Cr -₹2.09 Cr ₹47.07 Cr
Investing Cash Flow -₹17.17 Cr -₹95.26 Cr -₹20.97 Cr -₹27.71 Cr -₹18.72 Cr
Financing Cash Flow ₹37.13 Cr ₹51.67 Cr ₹31.94 Cr ₹31.27 Cr -₹31.17 Cr
Capital Expenditure ₹28.27 Cr ₹21.75 Cr ₹24.16 Cr ₹22.97 Cr ₹11.9 Cr
Free Cash Flow (computed) -₹44.34 Cr ₹33.69 Cr -₹31.52 Cr -₹25.06 Cr ₹35.17 Cr
Dividends Paid ₹4.13 Cr ₹2.64 Cr ₹0 ₹0 ₹2.44 Cr
Net Change in Cash ₹3.9 Cr ₹11.84 Cr ₹3.61 Cr ₹1.47 Cr -₹2.82 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹277.48 Cr ₹210.23 Cr ₹222.25 Cr ₹166.98 Cr ₹250.74 Cr ₹193.8 Cr ₹184.1 Cr ₹138.46 Cr ₹237.08 Cr ₹146.65 Cr ₹137.32 Cr ₹101.07 Cr
Other Income ₹3.48 Cr ₹3.69 Cr ₹3.92 Cr ₹5.19 Cr ₹3.78 Cr ₹4.45 Cr ₹2.04 Cr ₹3.05 Cr ₹3.5 Cr ₹1.24 Cr ₹1.69 Cr ₹71.93 Lakh
Total Income ₹280.96 Cr ₹213.92 Cr ₹226.17 Cr ₹172.16 Cr ₹254.52 Cr ₹198.25 Cr ₹186.15 Cr ₹141.5 Cr ₹240.59 Cr ₹147.89 Cr ₹139.01 Cr ₹101.79 Cr
Cost of Materials Consumed ₹188.34 Cr ₹152.56 Cr ₹154.27 Cr ₹124.07 Cr ₹174.2 Cr ₹135.58 Cr ₹128.2 Cr ₹105.87 Cr ₹162.82 Cr ₹117.26 Cr ₹120.06 Cr ₹95.75 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹13.56 Cr -₹5.46 Cr -₹81.92 Lakh -₹7.47 Cr ₹11.02 Cr ₹7.83 Cr ₹1.45 Cr -₹6.62 Cr ₹21.04 Cr -₹4.8 Cr -₹15.94 Cr -₹25.91 Cr
Employee Benefit Expense ₹19.94 Cr ₹18.08 Cr ₹17.47 Cr ₹15.14 Cr ₹17.43 Cr ₹14.24 Cr ₹13.06 Cr ₹12.51 Cr ₹12.3 Cr ₹11.65 Cr ₹10.99 Cr ₹10.08 Cr
Finance Costs ₹7.54 Cr ₹4.46 Cr ₹3.86 Cr ₹3.16 Cr ₹3.35 Cr ₹3.76 Cr ₹3.61 Cr ₹3.35 Cr ₹3.87 Cr ₹3.24 Cr ₹2.62 Cr ₹2.66 Cr
Depreciation & Amortisation ₹3.88 Cr ₹3.8 Cr ₹3.63 Cr ₹3.47 Cr ₹4.37 Cr ₹4.14 Cr ₹3.7 Cr ₹3.36 Cr ₹3.25 Cr ₹2.55 Cr ₹2.38 Cr ₹2.19 Cr
Other Expenses ₹24.11 Cr ₹24.91 Cr ₹25.44 Cr ₹18.32 Cr ₹25.65 Cr ₹24.66 Cr ₹19.97 Cr ₹13.35 Cr ₹20.47 Cr ₹11.02 Cr ₹12.1 Cr ₹11.45 Cr
Total Expenses ₹257.37 Cr ₹198.35 Cr ₹203.85 Cr ₹156.7 Cr ₹236.02 Cr ₹190.21 Cr ₹169.99 Cr ₹131.82 Cr ₹223.76 Cr ₹140.92 Cr ₹132.2 Cr ₹96.22 Cr
Profit Before Exceptional Items & Tax ₹23.59 Cr ₹15.58 Cr ₹22.32 Cr ₹15.47 Cr ₹18.5 Cr ₹8.04 Cr ₹16.16 Cr ₹9.68 Cr ₹16.83 Cr ₹6.97 Cr ₹6.81 Cr ₹5.57 Cr
Exceptional Items -₹1.21 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹17.89 Lakh ₹0 ₹0 ₹0
Profit Before Tax ₹22.38 Cr ₹15.58 Cr ₹22.32 Cr ₹15.47 Cr ₹18.5 Cr ₹8.04 Cr ₹16.16 Cr ₹9.68 Cr ₹17.01 Cr ₹6.97 Cr ₹6.81 Cr ₹5.57 Cr
Total Tax Expense ₹3.81 Cr ₹3.74 Cr ₹5.7 Cr ₹3.87 Cr ₹4.94 Cr ₹3.23 Cr ₹3.48 Cr ₹2.65 Cr ₹4.83 Cr ₹1.61 Cr ₹2.06 Cr ₹2.06 Cr
Net Profit ₹18.57 Cr ₹11.83 Cr ₹16.62 Cr ₹11.6 Cr ₹13.51 Cr ₹4.79 Cr ₹12.76 Cr ₹7.05 Cr ₹12.18 Cr ₹5.32 Cr ₹4.75 Cr ₹3.52 Cr
  attributable to Owners ₹18.48 Cr ₹11.78 Cr ₹16.49 Cr ₹11.61 Cr ₹13.38 Cr - ₹12.72 Cr ₹7.13 Cr ₹12.67 Cr - ₹4.68 Cr ₹3.58 Cr
  attributable to NCI ₹9.13 Lakh ₹4.9 Lakh ₹12.51 Lakh -₹1.55 Lakh ₹12.12 Lakh - ₹4.1 Lakh -₹7.94 Lakh -₹48.84 Lakh - ₹7.23 Lakh -₹6.13 Lakh
Other Comprehensive Income ₹2 Cr ₹63.8 Lakh ₹1.58 Cr ₹1.16 Cr ₹49.45 Lakh -₹14.87 Lakh ₹90.38 Lakh -₹14.95 Lakh -₹38.78 Lakh ₹91.1 Lakh ₹15.58 Lakh -₹6.01 Lakh
Total Comprehensive Income ₹20.57 Cr ₹12.47 Cr ₹18.2 Cr ₹12.76 Cr ₹14.01 Cr ₹4.64 Cr ₹13.67 Cr ₹6.9 Cr ₹11.79 Cr ₹6.23 Cr ₹4.91 Cr ₹3.46 Cr
EBITDA (computed) ₹35.01 Cr ₹23.83 Cr ₹29.81 Cr ₹22.1 Cr ₹26.22 Cr ₹15.94 Cr ₹23.48 Cr ₹16.39 Cr ₹23.95 Cr ₹12.75 Cr ₹11.8 Cr ₹10.42 Cr
Basic EPS ₹1.33 ₹0.85 ₹1.20 ₹0.84 ₹0.97 ₹0.39 ₹0.95 ₹0.54 ₹0.97 ₹0.39 ₹0.37 ₹0.28
Diluted EPS ₹1.33 ₹0.85 ₹1.18 ₹0.83 ₹0.96 ₹0.38 ₹0.94 ₹0.54 ₹0.97 ₹0.38 ₹0.36 ₹0.28
Latest 12 quarters shown of 22 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Marine ₹150.17 Cr ₹16.72 Cr ₹0 ₹0
Industry ₹127.31 Cr ₹12.71 Cr ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Marine ₹464.16 Cr ₹40.03 Cr - -
Industry ₹412.77 Cr ₹39.98 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Revenue from Operations ₹746.94 Cr ₹700.58 Cr ₹533.73 Cr ₹391.27 Cr ₹322.89 Cr ₹199.87 Cr
Other Income ₹17.3 Cr ₹14.5 Cr ₹7.67 Cr ₹6.13 Cr ₹5.5 Cr ₹3.59 Cr
Total Income ₹764.24 Cr ₹715.09 Cr ₹541.4 Cr ₹397.41 Cr ₹328.39 Cr ₹203.46 Cr
Cost of Materials Consumed ₹531.6 Cr ₹510.73 Cr ₹435.51 Cr ₹282.15 Cr ₹244.77 Cr ₹144.36 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹2.79 Cr ₹13.13 Cr -₹26.81 Cr ₹14.05 Cr ₹1.93 Cr -₹1.99 Cr
Employee Benefit Expense ₹52.39 Cr ₹41.24 Cr ₹32.31 Cr ₹25.67 Cr ₹22.4 Cr ₹17.64 Cr
Finance Costs ₹16.91 Cr ₹11.58 Cr ₹10.4 Cr ₹8.62 Cr ₹6.45 Cr ₹7.73 Cr
Depreciation & Amortisation ₹10.44 Cr ₹11.46 Cr ₹6.7 Cr ₹6.13 Cr ₹7.6 Cr ₹7.64 Cr
Other Expenses ₹79.13 Cr ₹73.1 Cr ₹45.47 Cr ₹34.41 Cr ₹27.6 Cr ₹17.23 Cr
Total Expenses ₹693.27 Cr ₹661.22 Cr ₹503.59 Cr ₹371.04 Cr ₹310.75 Cr ₹192.6 Cr
Profit Before Exceptional Items & Tax ₹70.97 Cr ₹53.86 Cr ₹37.81 Cr ₹26.37 Cr ₹17.64 Cr ₹10.86 Cr
Exceptional Items -₹1.21 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹69.77 Cr ₹53.86 Cr ₹37.81 Cr ₹26.37 Cr ₹17.64 Cr ₹10.86 Cr
Total Tax Expense ₹16.9 Cr ₹12.84 Cr ₹9.46 Cr ₹6.86 Cr ₹4.6 Cr ₹3.03 Cr
Net Profit ₹52.87 Cr ₹41.02 Cr ₹28.35 Cr ₹19.51 Cr ₹12.47 Cr ₹7.83 Cr
  attributable to Owners - - - - ₹0 ₹0
  attributable to NCI - - - - ₹0 ₹0
Other Comprehensive Income -₹18.44 Lakh -₹6.29 Lakh -₹18,000 ₹13.58 Lakh ₹35,000 ₹16.62 Lakh
Total Comprehensive Income ₹52.69 Cr ₹40.96 Cr ₹28.35 Cr ₹19.64 Cr ₹12.47 Cr ₹7.99 Cr
EBITDA (computed) ₹98.33 Cr ₹76.9 Cr ₹54.91 Cr ₹41.11 Cr ₹31.69 Cr ₹26.23 Cr
Basic EPS ₹3.83 ₹3.03 ₹2.21 ₹1.59 ₹1.02 ₹0.65
Diluted EPS ₹3.83 ₹2.99 ₹2.21 ₹1.56 ₹1.02 ₹0.65
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹770.77 Cr ₹634.93 Cr ₹518.97 Cr ₹372.33 Cr
Non-current Assets ₹129.29 Cr ₹114.08 Cr ₹128.52 Cr ₹102.05 Cr
Current Assets ₹641.47 Cr ₹520.85 Cr ₹390.45 Cr ₹270.28 Cr
Property, Plant & Equipment ₹37.55 Cr ₹40.51 Cr ₹34.37 Cr ₹32.87 Cr
Inventories ₹60.31 Cr ₹57.77 Cr ₹73.46 Cr ₹44.42 Cr
Trade Receivables ₹375.4 Cr ₹287.52 Cr ₹262.42 Cr ₹174.38 Cr
Cash & Equivalents ₹14.49 Cr ₹10.26 Cr ₹1.33 Cr ₹11.81 Lakh
Equity (Net Worth) ₹455.94 Cr ₹376.96 Cr ₹222.75 Cr ₹180.08 Cr
Equity Share Capital ₹27.99 Cr ₹27.59 Cr ₹26.53 Cr ₹25.26 Cr
Borrowings (Non-current) ₹6.78 Cr ₹10.4 Cr ₹22.66 Cr ₹18.01 Cr
Borrowings (Current) ₹50.76 Cr ₹18.43 Cr ₹52.12 Cr ₹35.97 Cr
Total Debt (computed) ₹57.54 Cr ₹28.83 Cr ₹74.78 Cr ₹53.98 Cr
Current Liabilities ₹297.35 Cr ₹237.84 Cr ₹267.67 Cr ₹169.37 Cr
Total Liabilities ₹314.83 Cr ₹257.97 Cr ₹296.22 Cr ₹192.25 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹28.87 Cr ₹45.56 Cr ₹1.12 Cr -₹5.51 Cr ₹39.03 Cr
Investing Cash Flow -₹3.05 Cr -₹90.81 Cr -₹24.26 Cr -₹27.9 Cr -₹12.33 Cr
Financing Cash Flow ₹36.15 Cr ₹54.18 Cr ₹24.35 Cr ₹33.29 Cr -₹27.36 Cr
Capital Expenditure ₹15.54 Cr ₹16.76 Cr ₹17.39 Cr ₹20.17 Cr ₹7.87 Cr
Free Cash Flow (computed) -₹44.41 Cr ₹28.8 Cr -₹16.27 Cr -₹25.68 Cr ₹31.17 Cr
Dividends Paid ₹4.13 Cr ₹2.64 Cr ₹0 ₹0 ₹2.44 Cr
Net Change in Cash ₹4.23 Cr ₹8.93 Cr ₹1.21 Cr -₹11.83 Lakh -₹65.76 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹244.53 Cr ₹181.87 Cr ₹173.46 Cr ₹147.08 Cr ₹224.99 Cr ₹184.91 Cr ₹165.47 Cr ₹125.21 Cr ₹201.92 Cr ₹124.31 Cr ₹121.41 Cr ₹86.08 Cr
Other Income ₹3.91 Cr ₹3.84 Cr ₹4.57 Cr ₹4.98 Cr ₹4.34 Cr ₹4.88 Cr ₹2.39 Cr ₹2.89 Cr ₹2.93 Cr ₹1.73 Cr ₹1.84 Cr ₹1.18 Cr
Total Income ₹248.44 Cr ₹185.71 Cr ₹178.03 Cr ₹152.06 Cr ₹229.33 Cr ₹189.79 Cr ₹167.86 Cr ₹128.11 Cr ₹204.85 Cr ₹126.03 Cr ₹123.25 Cr ₹87.27 Cr
Cost of Materials Consumed ₹171.15 Cr ₹135.5 Cr ₹108.89 Cr ₹116.06 Cr ₹160.23 Cr ₹130.63 Cr ₹121.52 Cr ₹98.34 Cr ₹136.27 Cr ₹103.66 Cr ₹109.07 Cr ₹86.51 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹12.84 Cr -₹6.01 Cr ₹7.43 Cr -₹11.47 Cr ₹10.56 Cr ₹7.76 Cr ₹1.3 Cr -₹6.49 Cr ₹19.73 Cr -₹6.78 Cr -₹13.69 Cr -₹26.07 Cr
Employee Benefit Expense ₹14.43 Cr ₹13.26 Cr ₹12.99 Cr ₹11.71 Cr ₹11.85 Cr ₹10.86 Cr ₹9.39 Cr ₹9.14 Cr ₹9.32 Cr ₹8.23 Cr ₹7.67 Cr ₹7.09 Cr
Finance Costs ₹6.97 Cr ₹3.84 Cr ₹3.41 Cr ₹2.7 Cr ₹2.76 Cr ₹3.23 Cr ₹2.88 Cr ₹2.71 Cr ₹2.97 Cr ₹2.95 Cr ₹2.23 Cr ₹2.26 Cr
Depreciation & Amortisation ₹2.88 Cr ₹2.63 Cr ₹2.5 Cr ₹2.44 Cr ₹3.3 Cr ₹3.18 Cr ₹2.61 Cr ₹2.37 Cr ₹2.21 Cr ₹1.63 Cr ₹1.56 Cr ₹1.31 Cr
Other Expenses ₹18.33 Cr ₹21.86 Cr ₹22.65 Cr ₹16.29 Cr ₹23.69 Cr ₹20.89 Cr ₹17.3 Cr ₹11.22 Cr ₹16.37 Cr ₹9.71 Cr ₹9.68 Cr ₹9.7 Cr
Total Expenses ₹226.6 Cr ₹171.08 Cr ₹157.85 Cr ₹137.73 Cr ₹212.39 Cr ₹176.54 Cr ₹155.01 Cr ₹117.28 Cr ₹186.88 Cr ₹119.41 Cr ₹116.51 Cr ₹80.79 Cr
Profit Before Exceptional Items & Tax ₹21.84 Cr ₹14.63 Cr ₹20.18 Cr ₹14.33 Cr ₹16.94 Cr ₹13.25 Cr ₹12.85 Cr ₹10.82 Cr ₹17.97 Cr ₹6.62 Cr ₹6.74 Cr ₹6.47 Cr
Exceptional Items -₹1.21 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹20.63 Cr ₹14.63 Cr ₹20.18 Cr ₹14.33 Cr ₹16.94 Cr ₹13.25 Cr ₹12.85 Cr ₹10.82 Cr ₹17.97 Cr ₹6.62 Cr ₹6.74 Cr ₹6.47 Cr
Total Tax Expense ₹5.25 Cr ₹3.32 Cr ₹4.89 Cr ₹3.44 Cr ₹4.12 Cr ₹3.03 Cr ₹3.14 Cr ₹2.56 Cr ₹4.48 Cr ₹1.47 Cr ₹1.79 Cr ₹1.71 Cr
Net Profit ₹15.38 Cr ₹11.31 Cr ₹15.29 Cr ₹10.89 Cr ₹12.82 Cr ₹10.22 Cr ₹9.72 Cr ₹8.27 Cr ₹13.49 Cr ₹5.16 Cr ₹4.95 Cr ₹4.76 Cr
Other Comprehensive Income -₹13.73 Lakh -₹1.57 Lakh -₹1.57 Lakh -₹1.57 Lakh -₹6.16 Lakh -₹4,000 -₹5,000 -₹4,000 -₹10.37 Lakh ₹3.4 Lakh ₹3.39 Lakh ₹3.4 Lakh
Total Comprehensive Income ₹15.25 Cr ₹11.29 Cr ₹15.27 Cr ₹10.87 Cr ₹12.76 Cr ₹10.22 Cr ₹9.72 Cr ₹8.27 Cr ₹13.39 Cr ₹5.19 Cr ₹4.98 Cr ₹4.79 Cr
EBITDA (computed) ₹31.68 Cr ₹21.1 Cr ₹26.08 Cr ₹19.46 Cr ₹23 Cr ₹19.65 Cr ₹18.35 Cr ₹15.9 Cr ₹23.15 Cr ₹11.21 Cr ₹10.52 Cr ₹10.04 Cr
Basic EPS ₹1.11 ₹0.82 ₹1.11 ₹0.79 ₹0.93 ₹0.76 ₹0.73 ₹0.62 ₹1.03 ₹0.40 ₹0.39 ₹0.39
Diluted EPS ₹1.11 ₹0.81 ₹1.10 ₹0.78 ₹0.92 ₹0.75 ₹0.72 ₹0.62 ₹1.03 ₹0.40 ₹0.38 ₹0.38
Latest 12 quarters shown of 22 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Marine ₹117.22 Cr ₹12.02 Cr ₹0 ₹0
Industry ₹127.31 Cr ₹12.71 Cr ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Marine ₹334.17 Cr ₹32.08 Cr - -
Industry ₹412.77 Cr ₹39.98 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Marine Electricals (India) Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Marine Electricals (India) Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 68.20%, foreign institutional investors hold 0.59%, domestic institutional investors hold 0.34%, retail and other public shareholders hold 30.87% of Marine Electricals (India) Limited. The company had 89,030 shareholders on record.

Promoters: 68.20%DII (Domestic Institutional): 0.34%FII (Foreign Institutional): 0.59%Retail & Others: 30.87%
Mar 2026
QUARTER
68.20% Promoters
0.34% DII (Domestic Institutional)
0.59% FII (Foreign Institutional)
30.87% Retail & Others
Promoter holding - history
Now 68.20% · Mar 2026High 74.46% · Mar 2023Low 68.20% · Feb 2026
67%69.3%71.5%73.8%76%Oct 2018Sep 2021Jun 2023Mar 2024Feb 2026Oct 2018: 73.52%Mar 2019: 73.52%Sep 2019: 73.52%Mar 2020: 73.52%Sep 2020: 73.52%Dec 2020: 73.52%Mar 2021: 73.52%Jun 2021: 73.52%Sep 2021: 73.52%Dec 2021: 73.52%Mar 2022: 73.52%Jun 2022: 73.63%Sep 2022: 73.71%Dec 2022: 73.71%Feb 2023: 74.13%Mar 2023: 74.46%Jun 2023: 74.46%Aug 2023: 73.83%Sep 2023: 73.84%Oct 2023: 73.21%Nov 2023: 72.87%Dec 2023: 72.87%Jan 2024: 72.31%Feb 2024: 71.98%Mar 2024: 71.17%Jun 2024: 71.17%Sep 2024: 71.17%Dec 2024: 68.45%Mar 2025: 68.45%Jun 2025: 68.45%Sep 2025: 68.46%Dec 2025: 68.54%Feb 2026: 68.20%Mar 2026: 68.20%74.46%68.20%68.20%
Shareholding trend - last 6 quarters
Mar 2026Feb 2026Dec 2025Sep 2025Jun 2025Mar 2025
Promoters68.20%68.20%68.54%68.46%68.45%68.45%
Public31.80%31.80%31.46%31.54%31.55%31.55%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Promoters68.20%68.45%71.17%74.46%73.52%73.52%73.52%73.52%
Public31.80%31.55%28.83%25.54%26.48%26.48%26.49%26.48%
Promoter change (YoY, %pts)-0.25-2.72-3.29+0.94+0.00+0.00+0.00-

Board & Governance of Marine Electricals (India) Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Marine Electricals (India) Limited has 9 directors - 5 independent and 3 executive. The board is chaired by Vinay Uchil.

DirectorPositionOn board sinceListed boards
Vinay Uchil Executive Director · Chairperson 2007-12-04 1
Venkatesh Uchil Executive Director · MD 2007-12-04 1
Mohan Rao Non-Executive - Independent Director 2020-05-30 1
Shailendra Shukla Executive Director 2018-12-07 1
Madan Pendse Non-Executive - Independent Director 2018-07-11 1
Nikunj Mishra Non-Executive - Independent Director 2018-07-11 1
Vikas Jaywant Non-Executive - Independent Director 2020-02-24 1
Tanuja Pudhierkar Non-Executive - Non Independent Director 2018-08-01 1
Archana Venkata Rajagopalan Non-Executive - Independent Director 2021-02-23 1
Board Committees
CommitteeMembers
Audit Committee Madan Pendse (Chairperson), Venkatesh Uchil, Vikas Jaywant
Nomination and remuneration committee Nikunj Mishra (Chairperson), Mohan Rao, Archana Venkata Rajagopalan, Vinay Uchil
Stakeholders Relationship Committee Madan Pendse (Chairperson), Mohan Rao, Shailendra Shukla
Risk Management Committee Vinay Uchil (Chairperson), Archana Venkata Rajagopalan, Mohan Rao

Group Structure of Marine Electricals (India) Limited

Marine Electricals (India) Limited has 2 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Marine Electricals (India) Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Eltech Engineers Madras Private Limited U29142TN1996PTC036500 -
Evigo Charge Private Limited U74999MH2018PTC317824 -

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Marine Electricals (India) Limited

Open charges
₹332.84 Cr
Satisfied charges
₹203.91 Cr
Breakdown by lending institutions
Others₹166.49 Cr
State Bank of India₹90.80 Cr
Yes Bank Limited₹75.00 Cr
Hdfc Bank Limited₹0.55 Cr
Latest charge details
DateLenderAmountStatus
23 Oct 2025 Hdfc Bank Limited ₹20 Lakh Open
16 Oct 2025 Others ₹14.13 Lakh Open
29 Sep 2025 Others ₹59 Lakh Open
08 Oct 2024 Yes Bank Limited ₹75 Cr Open
05 Oct 2024 Hdfc Bank Limited ₹22.27 Lakh Open

Total charge records: 26 View all charges

Employees and EPFO Compliance at Marine Electricals (India) Limited

Marine Electricals (India) Limited has a workforce of 213 employees as of Oct 29, 2024.

Employee count
213
Active EPFO establishments
2
Employee growth
7.04%
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Employee and EPFO history for Marine Electricals (India) Limited

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GST Compliance of Marine Electricals (India) Limited

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Credit Ratings, Litigation & Regulatory Alerts for Marine Electricals (India) Limited

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Credit ratings, litigation, and regulatory alerts for Marine Electricals (India) Limited

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MSME Payment Delays by Marine Electricals (India) Limited

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MSME payment history for Marine Electricals (India) Limited

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Subsidiaries & Group Companies of Marine Electricals (India) Limited

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Corporate group structure for Marine Electricals (India) Limited

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MCA Filings & Documents of Marine Electricals (India) Limited

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MCA filings and documents for Marine Electricals (India) Limited

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Recent Activity on Marine Electricals (India) Limited

Charges
07 May 2026
A charge registered on 09 Apr 2021 via Charge ID 100441144 with Others was fully satisfied on 07 May 2026.
Charges
23 Oct 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101186561 was registered on 23 Oct 2025.
Charges
16 Oct 2025
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101179261 was registered on 16 Oct 2025.
Charges
29 Sep 2025
A charge with Others amounted to Rs. 0.59 Cr with Charge ID 101168826 was registered on 29 Sep 2025.
Activity
29 Sep 2025
Marine Electricals (India) Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
16 May 2025
A charge with Yes Bank Limited of Rs. 75.00 Cr registered on 08 Oct 2024 with Charge ID 100993337 was modified on 16 May 2025.

Recent News on Marine Electricals (India) Limited

DCX Systems subsidiary bags defence manufacturing licence
17 Sep 2024 · Thehindubusinessline
Marine Electricals secures orders worth ₹6.87 crore
17 Sep 2024 · Thehindubusinessline
JBM ECOLIFE bags $100 million to make more electric buses
17 Sep 2024 · Thehindubusinessline

Frequently Asked Questions about Marine Electricals (India) Limited

Marine Electricals (India) Limited is an active public limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 04 December 2007 (19+ years old) and is registered under CIN L31907MH2007PLC176443. Listed on NSE: MARINE. The company has 520 employees.

Marine Electricals (India) Limited reported revenue of ₹876.94 Cr for FY 2026 (up 14.32% YoY) based on consolidated NSE filings.

The current directors and KMP of Marine Electricals (India) Limited are:

The primary industry of Marine Electricals (India) Limited is transport and logistics. The company specifically operates in shipping and maritime services. The company is currently active in this sector.

Yes. Marine Electricals (India) Limited is listed on NSE with symbol MARINE.

Marine Electricals (India) Limited can be reached at the registered office: B1 Udyog Sadan No.3 Midc Andheri E, Mumbai, Maharashtra, India – 400093, or through the website marineelectricals.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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