Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Marine Electricals (India) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 143 | 101 | 137 | 147 | 237 | 138 | 184 | 194 | 251 | 167 | 222 | 210 | 277 |
| Expenses + | 132 | 91 | 127 | 135 | 217 | 125 | 163 | 182 | 228 | 150 | 196 | 190 | 246 |
| Operating Profit | 11 | 10 | 10 | 11 | 20 | 13 | 21 | 11 | 22 | 17 | 26 | 20 | 32 |
| OPM % | 8% | 10% | 7% | 8% | 9% | 10% | 12% | 6% | 9% | 10% | 12% | 10% | 11% |
| Other Income + | 1 | 1 | 2 | 1 | 4 | 3 | 2 | 4 | 4 | 5 | 4 | 4 | 2 |
| Interest | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 8 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 |
| Profit before tax | 7 | 6 | 7 | 7 | 17 | 10 | 16 | 8 | 18 | 15 | 22 | 16 | 22 |
| Tax % | 43% | 37% | 30% | 23% | 28% | 27% | 21% | 40% | 27% | 25% | 26% | 24% | 17% |
| Net Profit + | 4 | 4 | 5 | 5 | 12 | 7 | 13 | 5 | 14 | 12 | 17 | 12 | 19 |
| EPS in Rs | 0.33 | 0.28 | 0.37 | 0.38 | 0.96 | 0.54 | 0.92 | 0.38 | 0.97 | 0.84 | 1.20 | 0.85 | 1.32 |
Financials of Marine Electricals (India) Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 236 | 250 | 272 | 369 | 400 | 263 | 251 | 376 | 443 | 622 | 767 | 877 |
| Expenses + | 216 | 229 | 246 | 337 | 378 | 240 | 224 | 344 | 404 | 570 | 698 | 782 |
| Operating Profit | 20 | 21 | 26 | 31 | 22 | 22 | 27 | 32 | 39 | 52 | 69 | 94 |
| OPM % | 8% | 8% | 9% | 9% | 6% | 9% | 11% | 9% | 9% | 8% | 9% | 11% |
| Other Income + | 3 | 2 | 2 | 3 | 4 | 6 | 8 | 4 | 5 | 7 | 13 | 15 |
| Interest | 5 | 3 | 5 | 7 | 8 | 11 | 9 | 7 | 10 | 12 | 14 | 19 |
| Depreciation | 6 | 5 | 5 | 5 | 5 | 10 | 9 | 9 | 8 | 10 | 16 | 15 |
| Profit before tax | 12 | 14 | 18 | 23 | 13 | 8 | 17 | 19 | 25 | 36 | 52 | 76 |
| Tax % | 29% | 34% | 38% | 28% | 29% | 24% | 20% | 32% | 33% | 29% | 27% | 23% |
| Net Profit + | 9 | 9 | 11 | 16 | 9 | 6 | 14 | 13 | 17 | 26 | 38 | 59 |
| EPS in Rs | 0.92 | 1.07 | 1.19 | 1.75 | 0.75 | 0.46 | 1.05 | 1.06 | 1.35 | 1.95 | 2.79 | 4.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 19% | 0% | 0% | 10% | 11% | 0% |
Financials of Marine Electricals (India) Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 18 | 25 | 25 | 25 | 25 | 25 | 27 | 28 | 28 |
| Reserves | 36 | 46 | 58 | 78 | 130 | 126 | 138 | 150 | 183 | 224 | 376 | 465 |
| Borrowings + | 24 | 32 | 40 | 46 | 57 | 56 | 58 | 37 | 66 | 97 | 55 | 89 |
| Other Liabilities + | 66 | 54 | 112 | 212 | 162 | 176 | 162 | 162 | 192 | 268 | 266 | 309 |
| Total Liabilities | 143 | 149 | 227 | 354 | 373 | 383 | 383 | 373 | 466 | 616 | 725 | 890 |
| Fixed Assets + | 40 | 43 | 56 | 39 | 43 | 53 | 48 | 49 | 66 | 75 | 75 | 99 |
| CWIP | 0 | 0 | 0 | 14 | 14 | 0 | 0 | 2 | 0 | 6 | 16 | 14 |
| Investments | 0 | 0 | 0 | 3 | 3 | 5 | 3 | 3 | 3 | 6 | 6 | 3 |
| Other Assets + | 104 | 106 | 171 | 297 | 313 | 325 | 331 | 319 | 396 | 529 | 627 | 775 |
| Total Assets | 143 | 149 | 227 | 354 | 373 | 383 | 383 | 373 | 466 | 616 | 725 | 890 |
Financials of Marine Electricals (India) Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 13 | 31 | -53 | 23 | 2 | 47 | -2 | -7 | 55 | |||
| Cash from Investing Activity + | -16 | -23 | 1 | -1 | 1 | -19 | -28 | -21 | -95 | |||
| Cash from Financing Activity + | 2 | 3 | 44 | -19 | -7 | -31 | 31 | 32 | 52 | |||
| Net Cash Flow | -1 | 11 | -9 | 3 | -3 | -3 | 1 | 4 | 12 | |||
| Free Cash Flow | -5 | 24 | -61 | 23 | -2 | 37 | -24 | -32 | 35 | |||
| CFO/OP | 74% | 118% | -205% | 111% | 18% | 167% | 13% | 4% | 106% |
Financials of Marine Electricals (India) Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 104 | 148 | 182 | 174 | 235 | 252 | 167 | 186 | 186 | 157 | 178 |
| Inventory Days | 47 | 29 | 73 | 61 | 64 | 146 | 166 | 102 | 71 | 72 | 52 | 50 |
| Days Payable | 94 | 78 | 168 | 209 | 154 | 292 | 267 | 159 | 161 | 167 | 129 | 135 |
| Cash Conversion Cycle | 43 | 55 | 52 | 33 | 84 | 90 | 152 | 110 | 96 | 91 | 80 | 93 |
| Working Capital Days | 49 | 67 | 76 | 16 | 87 | 121 | 157 | 108 | 95 | 79 | 129 | 104 |
| ROCE % | 23% | 20% | 21% | 22% | 12% | 9% | 12% | 12% | 14% | 15% | 16% | 18% |
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