Marine Electricals (India) Limited - Company Profile

Q: Where is Marine Electricals (India) Limited headquartered?

Marine Electricals (India) Limited is headquartered at B1, Udyog Sadan No.3, Midc, Andheri E,, Mumbai, Maharashtra, 400093.

It is a transport and logistics public limited company based in Mumbai, Maharashtra, India, established in 2007.

2007 Mumbai, Maharashtra, India Active

Last Updated: July 02, 2026

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About Marine Electricals (India) Limited

Marine Electricals (India) Limited, a active public limited company, was established on 04 December 2007 in Mumbai, Maharashtra, India. Engaging in shipping & maritime services within the manufacturing sector, it holds CIN: L31907MH2007PLC176443. Registered under ROC Roc Mumbai I. it is listed on NSE: MARINE. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹27.99 Cr.

Formerly known as Marine Electricals (India) Private Limited. It upholds a compliant status. In 2025, it reported revenue of ₹715.09 Cr and a net worth of ₹376.96 Cr. Employing 520 professional, Its leadership includes Vinay Krishna Uchil (Whole-Time Director), Venkatesh Krishnappa Uchil (Managing Director), Madan Gopal Pendse (Director). Past directors included Mohan Rao, Namita Sethia, Mitali Vithoba Ambre. It holds ₹332.84 Cr open charges and ₹203.91 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at B/1, Udyog Sadan No.3, Midc, Andheri (E),, Mumbai, Maharashtra, 400093.

Company Details

CIN/LLPIN
L31907MH2007PLC176443
Registration Number
176443
Incorporation Date
04 December 2007
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹27.99 Cr
ROC Code
Roc Mumbai I
Listing Status
Listed (NSE: MARINE)
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 02-07-2026
Paid Up Capital ₹ 27.99 Cr as on 02-07-2026
Company Age 18 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 332.84 Cr as on 02-07-2026
Satisfied Charges ₹ 203.91 Cr as on 02-07-2026
Revenue Growth **** 32.08% (FY 2025)
Profit Growth **** 44.69% (FY 2025)
Ebitda **** 40.03% (FY 2025)
Net Worth 69.23% (FY 2025)
Total Assets **** 19.09% (FY 2025)

Comprehensive Company Insights

Explore comprehensive insights into Marine Electricals (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Marine Electricals (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vinay Krishna Uchil	Whole-Time Director	04 Dec 2007	Current
Venkatesh Krishnappa Uchil	Managing Director	04 Dec 2007	Current
Madan Gopal Pendse	Director	11 Jul 2018	Current
Nikunj Kishore Mishra	Director	11 Jul 2018	Current
Tanuja Deepak Pudhierkar	Director	01 Aug 2018	Current
Shailendra Kumar Shukla	Whole-Time Director	07 Dec 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	28 Sep 2020	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	23 Feb 2021	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Marine Electricals (India).

Marine Electricals (India) Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 32.08% increase. The company also saw a substantial improvement in profitability, with a 44.69% increase in profit. The company's net worth Soared by an impressive increase of 69.23%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

32.08%

*******

Revenue from Operations

*******

31.26%

*******

Total Assets

*******

19.09%

*******

Profit or Loss

*******

44.69%

*******

Net Worth

*******

69.23%

*******

EBITDA

*******

40.03%

*******

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What is the Ownership and Shareholding Structure of Marine Electricals (India)?

In 2022, Marine Electricals (India) had a promoter holding of 73.52% and a public holding of 26.47%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,328,420,945.00

Satisfied Charges

₹2,039,087,549.14

Charges 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

Date	Lender	Amount	Status
23 Oct 2025	Hdfc Bank Limited	₹2.00 M	Open
16 Oct 2025	Others	₹1.41 M	Open
29 Sep 2025	Others	₹5.90 M	Open
08 Oct 2024	Yes Bank Limited	₹75.00 Cr	Open
05 Oct 2024	Hdfc Bank Limited	₹2.23 M	Open

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How Many Employees Work at Marine Electricals (India)?

Marine Electricals (India) has a workforce of 213 employees as of Oct 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Marine Electricals (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marine Electricals (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Marine Electricals (India)

Recent Activity within the Organization

Charges

Progress on A charge registered on 09 Apr 2021 via Charge ID 100441144 with Others was fully satisfied on 07 May 2026. was documented.
07 May 2026
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101186561 was registered on 23 Oct 2025. was completed.
23 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101179261 was registered on 16 Oct 2025. was documented.
16 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 0.59 Cr with Charge ID 101168826 was registered on 29 Sep 2025. was documented.
29 Sep 2025
Annual General Meeting

Marine Electricals (India) Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
29 Sep 2025
Charges

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. was recorded as a recent event.
16 May 2025

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