Synopsis :
Marine Electricals is in focus after bagging a Rs. 17.36 crore home order from Allweiler India for supplying management panels, with deliveries over 36 months.
A small-cap firm engaged in electrical automation and ICT options is within the highlight after securing a brand new home work order value Rs. 17.36 crore for supplying of the management panels.
With the market capitalization of Rs. 2,406 crore, the shares of Marine Electricals (India) Restricted is buying and selling at Rs. 174.40, up by 1.88 % from its earlier day’s shut worth of Rs. 171.18 per fairness share, and it has reached a excessive of Rs. 176.89 on the identical buying and selling day.
Work Order
The corporate acquired a Rs. 17.36 crore order from Allweiler India to produce management panels. The deliveries will happen over the subsequent 36 months, including to the corporate’s rising order e book and strengthening its place within the electrical options market.
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Concerning the Firm & Others
Marine Electricals, based in 1978, is a diversified, built-in technical providers supplier serving the Navy, Coast Guard, shipyards, industries, ports, and electrical automobiles. The corporate supplies a variety {of electrical} switchgear, automation options, and EV chargers (3.3 kW to 240 kW) which can be supported by its in – home app Bijlify.
With experience in electrical automation, energy electronics, and ICT options, it operates workplaces and repair facilities in 14 key places throughout India and serves shoppers all around the world.
A return on fairness (ROE) of about 11.7 % and a return on capital employed (ROCE) of about 16.3 % display the corporate’s monetary place. In the meanwhile, the corporate’s P/E ratio is 55.6x as in comparison with its business P/E 37.2x. The debt-to-equity ratio stands at 0.14.
For Q1 FY26, its income from operations grew by 21.01 % from Rs. 138 crore in Q1 FY25 to Rs. 167 crore in Q1 FY26, accompanied by earnings elevated by 71.43 % from Rs. 7 crore in Q1 FY25 to 12 crore in Q1 FY26.
Written by Akshay Sanghavi
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