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 Semi Strong which suggest that the price of Marine Electricals (India) Ltd is likely to Rise-somewhat 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 85.79.

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 13.00.

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'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	20.9%	19.1%	21.7%	22.3%	22.8%	12.5%	9.1%	11%	13.7%	17%	-
Value Creation Index ⓘ	0.5	0.4	0.6	0.6	0.6	-0.1	-0.4	-0.2	0.0	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	160	189	193	209	288	323	206	200	323	391	617
Sales YoY Gr.	-	18.5%	2.2%	8.3%	37.4%	12.4%	-36.3%	-2.9%	61.6%	21.2%	-
Adj EPS ⓘ	0.7	0.5	0.9	0.9	1.3	0.6	0.2	0.6	0.9	1.4	2.7
YoY Gr.	-	-26.4%	64.2%	5.8%	45.7%	-55.2%	-63.3%	168.2%	55.9%	50%	-
BVPS (₹) ⓘ	4.3	4.9	5.8	6.8	8.4	10.1	10.2	10.9	11.8	13.9	17.5
Adj Net Profit ⓘ	6.2	4.6	7.5	7.9	12.1	7.4	2.7	7.3	11.3	17.4	37
Cash Flow from Ops. ⓘ	9.5	8.3	0.8	9.3	31	-46.5	21.4	-2.9	38	-5.5	-
Debt/CF from Ops. ⓘ	2.5	2.5	37.5	3.4	1.1	-0.9	1.6	-15.2	0.8	-10.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.5%	6.4%	23.9%	21.2%
Adj EPS ⓘ	7.5%	0.6%	84.4%	50%
BVPSⓘ	13.9%	10.7%	10.7%	18.2%
Share Price	-	17.8%	96.2%	156.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	16.7	11.5	16.3	14.5	18	7.4	2.2	5.6	8.1	10.7	16.9
Op. Profit Mgn % ⓘ	7.3	7.6	9.5	9.9	8.8	5.5	8.1	11.3	8.4	8.9	9.5
Net Profit Mgn % ⓘ	3.9	2.4	3.9	3.8	4.2	2.3	1.3	3.6	3.5	4.4	6
Debt to Equity ⓘ	0.6	0.5	0.6	0.5	0.4	0.3	0.3	0.3	0.2	0.3	0.1
Working Cap Days ⓘ	0	121	139	157	209	257	405	422	259	239	113
Cash Conv. Cycle ⓘ	0	27	41	58	44	55	106	120	97	85	50

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.90%

Sales growth is growing at healthy rate in last 3 years 23.86%

Net Profit is growing at healthy rate in last 3 years 84.42%

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 ⓘ	13.00	11.58
PE ⓘ	85.79	83.80

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	3,143
Equity (₹ Cr.)	27.6
Face Value (₹)	2
Industry PE ⓘ	57.5

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'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	160	189	193	209	288	323	206	200	323	391
Operating Expenses ⓘ	148	175	175	189	263	305	189	177	297	356
Manufacturing Costs	15	15	22	23	3	3	2	2	4	5
Material Costs	110	133	120	130	230	264	150	142	247	296
Employee Cost	9	12	14	15	17	17	20	18	22	26
Other Costs ⓘ	14	16	19	20	14	21	17	15	24	30
Operating Profit ⓘ	12	14	18	21	25	18	17	23	26	35
Operating Profit Margin (%)	7.3%	7.6%	9.5%	9.9%	8.6%	5.5%	8.0%	11.3%	8.1%	8.9%
Other Income ⓘ	2	3	2	2	2	3	7	4	6	6
Interest ⓘ	3	3	3	4	5	6	9	8	6	9
Depreciation ⓘ	1	6	5	4	4	3	8	8	8	6
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	10	9	13	15	18	11	6	11	18	26
Tax ⓘ	3	3	5	6	6	3	1	3	5	7
Profit After Tax	7	6	8	9	12	8	5	8	12	20
PAT Margin (%)	4.3%	2.9%	4.1%	4.1%	4.1%	2.4%	2.3%	3.9%	3.9%	5.0%
Adjusted EPS (₹)	0.8	0.6	0.9	1.0	1.3	0.6	0.4	0.6	1.0	1.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	31%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	37	42	50	59	75	124	126	134	144	175
Share Capital ⓘ	17	17	17	17	18	25	25	25	25	25
Reserves ⓘ	20	25	33	42	57	100	101	109	120	150
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	22	17	25	26	31	39	30	39	23	48
Long Term Debt	12	8	9	6	1	11	8	9	4	18
Short Term Debt	10	9	16	20	29	28	22	30	19	30
Trade Payables	25	37	29	45	130	95	112	90	80	105
Others Liabilities ⓘ	21	24	19	27	57	45	26	34	31	43
Total Liabilities ⓘ	105	120	124	157	294	303	293	297	279	372
Fixed Assets
Gross Block	38	47	55	64	52	59	44	48	52	58
Accumulated Depreciation	7	13	18	22	26	29	4	14	19	23
Net Fixed Assetsⓘ	32	34	37	42	26	31	40	34	33	34
CWIP ⓘ	0	0	0	0	14	14	0	0	2	0
Investmentsⓘ	7	7	7	7	7	12	17	11	9	26
Inventories	10	9	5	15	27	32	56	59	57	44
Trade Receivables	29	50	58	78	146	137	121	127	119	174
Cash Equivalents	14	6	5	2	22	14	12	10	8	16
Others Assetsⓘ	14	14	10	12	52	62	48	57	50	77
Total Assets ⓘ	105	120	124	157	294	303	293	297	279	372

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	9	8	1	9	31	-46	21	-3	38	-6
PBT ⓘ	10	9	13	15	18	11	6	11	18	26
Adjustment ⓘ	5	8	7	8	9	10	17	15	14	14
Changes in Working Capital ⓘ	-3	-6	-14	-8	10	-60	-0	-27	12	-39
Tax Paid ⓘ	-3	-3	-5	-5	-6	-7	-2	-2	-5	-6
Cash Flow From Investing Activity ⓘ	-2	-8	-8	-8	-21	-7	0	-2	-11	-28
Capex	-2	-8	-8	-9	-5	-10	0	-1	-7	-20
Net Investments	0	0	0	0	-16	3	0	0	-9	0
Others ⓘ	0	0	0	0	0	1	0	0	5	-8
Cash Flow From Financing Activityⓘ	2	-8	6	-3	2	44	-19	1	-27	33
Net Proceeds from Shares ⓘ	0	0	0	0	5	43	0	0	0	11
Net Proceeds from Borrowing ⓘ	2	-4	1	-3	-7	10	-2	2	-5	16
Interest Paid ⓘ	-3	-3	-3	-4	-5	-6	-8	-8	-6	-8
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	-2	0
Others ⓘ	3	-1	8	3	10	-3	-9	6	-14	15
Net Cash Flow ⓘ	9	-8	-1	-3	12	-9	2	-4	-1	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	18.45	13.94	17.16	15.81	17.47	7.79	3.8	6.03	8.97	12.21
ROCE (%)	20.9	19.07	21.71	22.28	22.79	12.51	9.09	11.04	13.66	17.03
Asset Turnover Ratio	1.52	1.68	1.59	1.49	1.28	1.08	0.69	0.68	1.12	1.2
PAT to CFO Conversion(x)	1.29	1.33	0.13	1	2.58	-5.75	4.2	-0.38	3.17	-0.3
Working Capital Days
Receivable Days	67	76	102	119	142	160	229	227	139	137
Inventory Days	23	19	14	18	27	33	78	104	65	47
Payable Days	82	85	101	105	140	155	251	259	126	114

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 ₹3,142.5.