Is Marine Electricals (India) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Marine Electricals (India) Ltd is a average quality company .

Is Marine Electricals (India) undervalued or overvalued?

The key valuation ratios of Marine Electricals (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Marine Electricals (India) share price return in the past 10 years?

Data is not available for this company

Is Marine Electricals (India) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Marine Electricals (India) Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Marine Electricals (India)?

The latest standalone P/E ratio of Marine Electricals (India) as of 01-Jan-1970 is 112.20.

What is the P/B ratio of Marine Electricals (India)?

The latest standalone P/B ratio of Marine Electricals (India) as of 01-Jan-1970 is 17.00.

Marine Electricals (India) Ltd - Stock Valuation and Financial Performance

Name: Marine Electricals (India)
Brand: Marine Electricals (India)

BSE: 0 | NSE: MARINE | Engineering - Industrial Equipments | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Marine Electricals:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	19.1%	21.7%	22.3%	22.8%	12.5%	9.1%	11%	13.7%	17%	18%	-
Value Creation Index ⓘ	0.4	0.6	0.6	0.6	-0.1	-0.4	-0.2	0.0	0.2	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	189	193	209	288	323	206	200	323	391	534	617
Sales YoY Gr.	-	2.2%	8.3%	37.4%	12.4%	-36.3%	-2.9%	61.6%	21.2%	36.4%	-
Adj EPS ⓘ	0.5	0.9	0.9	1.3	0.6	0.2	0.6	0.9	1.4	2	2.7
YoY Gr.	-	64.2%	5.8%	45.7%	-55.2%	-63.3%	168.2%	55.9%	50%	47.8%	-
BVPS (₹) ⓘ	4.9	5.8	6.8	8.4	10.1	10.2	10.9	11.8	13.9	16.8	17.5
Adj Net Profit ⓘ	4.6	7.5	7.9	12.1	7.4	2.7	7.3	11.3	17.4	27	37
Cash Flow from Ops. ⓘ	8.3	0.8	9.3	31	-46.5	21.4	-2.9	38	-6.2	1.1	-
Debt/CF from Ops. ⓘ	2.5	37.5	3.4	1.1	-0.9	1.6	-15.2	0.8	-9	68	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.2%	10.6%	38.7%	36.4%
Adj EPS ⓘ	16.2%	27.7%	51.2%	47.8%
BVPSⓘ	14.6%	10.7%	15.5%	20.9%
Share Price	-	24%	95.8%	204.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	11.5	16.3	14.5	18	7.4	2.2	5.6	8.1	10.7	13.4	15.5
Op. Profit Mgn % ⓘ	7.6	9.5	9.9	8.8	5.5	8.1	11.3	8.4	8.9	8.9	9.5
Net Profit Mgn % ⓘ	2.4	3.9	3.8	4.2	2.3	1.3	3.6	3.5	4.4	5.1	6
Debt to Equity ⓘ	0.5	0.6	0.5	0.4	0.3	0.3	0.3	0.2	0.3	0.3	0.1
Working Cap Days ⓘ	121	139	157	209	257	405	422	259	239	241	113
Cash Conv. Cycle ⓘ	27	41	58	44	55	106	120	97	86	80	50

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.50%

Sales growth is growing at healthy rate in last 3 years 38.74%

Net Profit is growing at healthy rate in last 3 years 51.21%

Sales growth is good in last 4 quarters at 36.06%

No data to display

Latest Financials - Marine Electricals (India) Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.7	2.7
TTM Sales (₹ Cr.)	617	706
BVPS (₹.) ⓘ	17.5	19.7
Reserves (₹ Cr.) ⓘ	214	244
P/BV ⓘ	17.00	15.14
PE ⓘ	112.20	109.61

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	4,110
Equity (₹ Cr.)	27.6
Face Value (₹)	2
Industry PE ⓘ	59.3

Management X-Ray of Marine Electricals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Marine Electricals

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Marine Electricals

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	189	193	209	288	323	206	200	323	391	534
Operating Expenses ⓘ	175	175	189	263	305	189	177	297	356	486
Manufacturing Costs	15	22	23	3	3	2	2	4	5	6
Material Costs	133	120	130	230	264	150	142	247	296	409
Employee Cost	12	14	15	17	17	20	18	22	26	32
Other Costs ⓘ	16	19	20	14	21	17	15	24	30	40
Operating Profit ⓘ	14	18	21	25	18	17	23	26	35	47
Operating Profit Margin (%)	7.6%	9.5%	9.9%	8.6%	5.5%	8.0%	11.3%	8.1%	8.9%	8.9%
Other Income ⓘ	3	2	2	2	3	7	4	6	6	8
Interest ⓘ	3	3	4	5	6	9	8	6	9	10
Depreciation ⓘ	6	5	4	4	3	8	8	8	6	7
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	9	13	15	18	11	6	11	18	26	38
Tax ⓘ	3	5	6	6	3	1	3	5	7	9
Profit After Tax	6	8	9	12	8	5	8	12	20	28
PAT Margin (%)	2.9%	4.1%	4.1%	4.1%	2.4%	2.3%	3.9%	3.9%	5.0%	5.3%
Adjusted EPS (₹)	0.6	0.9	1.0	1.3	0.6	0.4	0.6	1.0	1.5	2.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	31%	0%	0%	9%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	42	50	59	75	124	126	134	144	175	223
Share Capital ⓘ	17	17	17	18	25	25	25	25	25	27
Reserves ⓘ	25	33	42	57	100	101	109	120	150	196
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	17	25	26	31	39	30	39	23	48	71
Long Term Debt	8	9	6	1	11	8	9	4	18	23
Short Term Debt	9	16	20	29	28	22	30	19	30	49
Trade Payables	37	29	45	130	95	112	90	80	105	179
Others Liabilities ⓘ	24	19	27	57	45	26	34	31	43	45
Total Liabilities ⓘ	120	124	157	294	303	293	297	279	372	518
Fixed Assets
Gross Block	47	55	64	52	59	44	48	52	58	69
Accumulated Depreciation	13	18	22	26	29	4	14	19	23	30
Net Fixed Assetsⓘ	34	37	42	26	31	40	34	33	34	40
CWIP ⓘ	0	0	0	14	14	0	0	2	0	6
Investmentsⓘ	7	7	7	7	12	17	11	9	26	36
Inventories	9	5	15	27	32	56	59	57	44	73
Trade Receivables	50	58	78	146	137	121	127	119	174	262
Cash Equivalents	6	5	2	22	14	12	10	8	16	17
Others Assetsⓘ	14	10	12	52	62	48	57	50	77	83
Total Assets ⓘ	120	124	157	294	303	293	297	279	372	518

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	8	1	9	31	-46	21	-3	38	-6	1
PBT ⓘ	9	13	15	18	11	6	11	18	26	38
Adjustment ⓘ	8	7	8	9	10	17	15	14	13	19
Changes in Working Capital ⓘ	-6	-14	-8	10	-60	-0	-27	12	-39	-48
Tax Paid ⓘ	-3	-5	-5	-6	-7	-2	-2	-5	-6	-8
Cash Flow From Investing Activity ⓘ	-8	-8	-8	-21	-7	0	-2	-11	-27	-24
Capex	-8	-8	-9	-5	-10	0	-1	-7	-20	-17
Net Investments	0	0	0	-16	3	0	0	-9	0	-1
Others ⓘ	0	0	0	0	1	0	0	5	-8	-6
Cash Flow From Financing Activityⓘ	-8	6	-3	2	44	-19	1	-27	33	24
Net Proceeds from Shares ⓘ	0	0	0	5	43	0	0	0	11	14
Net Proceeds from Borrowing ⓘ	-4	1	-3	-7	10	-2	2	-5	16	2
Interest Paid ⓘ	-3	-3	-4	-5	-6	-8	-8	-6	-8	-10
Dividend Paid ⓘ	0	0	0	0	0	0	0	-2	0	0
Others ⓘ	-1	8	3	10	-3	-9	6	-14	15	19
Net Cash Flow ⓘ	-8	-1	-3	12	-9	2	-4	-1	0	1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	13.94	17.16	15.81	17.47	7.79	3.8	6.03	8.97	12.21	14.24
ROCE (%)	19.07	21.71	22.28	22.79	12.51	9.09	11.04	13.66	17.03	18.02
Asset Turnover Ratio	1.68	1.59	1.49	1.28	1.08	0.69	0.68	1.12	1.2	1.2
PAT to CFO Conversion(x)	1.33	0.13	1	2.58	-5.75	4.2	-0.38	3.17	-0.3	0.04
Working Capital Days
Receivable Days	76	102	119	142	160	229	227	139	137	149
Inventory Days	19	14	18	27	33	78	104	65	47	40
Payable Days	85	101	105	140	155	251	259	126	114	125

Marine Electricals (India) Ltd Stock News

Marine Electricals (India) Ltd FAQs

What is the share price of Marine Electricals?

Company share prices are keep on changing according to the market conditions. The closing price of Marine Electricals on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Marine Electricals?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Marine Electricals stood at ₹4,110.1.